Post
Topic
Board Economics
Re: Gold and Bitcoin prices: the surprising relationship
by
AnonBitCoiner
on 02/06/2024, 11:53:22 UTC
In fact, if we can and are able to have both. usually like that..he.he  Yes. BTC is digital gold and Gold is traditional people's BTC.

I personally don't mind it because if the price of gold goes down I buy and if BTC goes up I sell to buy gold and that's what I will continue to do. Gold prices rise, BTC generally falls, and if BTC prices rise, gold prices fall.

Sometimes people often choose both of them because gold and Bitcoin cannot be ignored for their profit so I think we should not avoid any of these as if the price of one increases then there will sure be hype in another one and we can easily take our profit.

Bitcoin is considered valuable for those who have firm faith in digital investment and is more secure than gold as nobody will have any information about bitcoin but gold is a physical investment which is seen by naked eyes so there is a chance of stealing with gold otherwise the benefit of both are higher.