Post
Topic
Board Bitcoin Discussion
Re: Has BTC really become more attractive than gold?
by
EarnOnVictor
on 28/03/2024, 09:06:08 UTC
I would like to know your views on BTC and gold:
  • Are you investing in BTC or gold?
I invest in Gold and Bitcoin since both are useful for traders and investors, you just need to know how to work your way through them. As we know, Gold can't give HODLers enough money just as the high price of Bitcoin now, this is why I primarily trade Gold aside from the physical asset that I have and shun holding it. Nonetheless, I've started buying Bitcoin at around $19,000 if I average all my striking points. But now, I only trade it in futures once in a while since the price is discouraging to invest and hold. As for Gold, I trade it daily with online brokers and I can say it is the asset I trade and earn most from in the financial market.

You can see none of them is useless, it just depends on your plan.

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  • Do you think BTC has become more attractive than gold in the investment sector?
Yes, you can invest in Bitcoin at a low price and keep it. By this, you can easily gain x5 of your money in a year plus. But you can't do that with Gold. You are better trading it to earn from it.

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  • Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
I like to respect people's thoughts and opinions. The experts in the financial market field will think differently about Bitcoin and you can't blame them for it. But these days, a lot of them are now shifting grounds because Bitcoin is now behaving better like an asset, and with the gradual relevance it gains, it is a good reason for them to begin to change their stance.

Specifically, about Peter Schiff's regular remarks, I so much agree with him and I must say that he thinks like me. Notwithstanding, every sensible economist who is also futuristic should now be positive about Bitcoin for the obvious reasons around us.