Post
Topic
Board Bitcoin Discussion
Re: Has BTC really become more attractive than gold?
by
kawetsriyanto
on 15/04/2024, 21:33:31 UTC
  • Are you investing in BTC or gold?
  • Do you think BTC has become more attractive than gold in the investment sector?
Yes, I am, both BTC and gold.

  • Do you think BTC has become more attractive than gold in the investment sector?
It will depend on where you re asking. If you are asking here, yes, it is, because most people right here concern more about Bitcoin than gold in this forum. Moreover, we also understand how valuable and worth it BTC is. But, when you ask ordinary people, gold is the main and first thing, as in the global asset market cap too.

  • Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
Probably, BTC is more private as long as he doesn't declare about what and how he has.

I haven't excluded gold from my investment portfolio so far, but bitcoin is the asset I most hope to accumulate. Gold has risen a few percent over the past year and I have also benefited from it, but of course gold does not provide higher returns than bitcoin despite its price volatility which is very risky.

Gold and bitcoin are great investment assets, however so far I have only really focused on bitcoin and would prefer to stop buying more gold for now. I will go back to buying gold once I convert my profits from bitcoin.
Many people are like this because of several considerations.
As well as:
- the possibility of someone gaining more profits from Bitcoin in a certain time period
- More interest in digital assets, in this case Bitcoin
- Limited amount of money to invest
- And several other personal reasons that tend to want BTC more than gold.
But indeed, as you said, both BTC and gold are investments that are very worth it and valuable. Both have great reputations that are beyond doubt. So, if we can invest in both, why not?