Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold
by
Faisal2202
on 26/06/2024, 13:58:33 UTC
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
I suggest doing your own research, which you might already have but you are just experiencing that fear of taking the first step. This is natural so don't hesitate if it's your first BTC investment do it. If you fear losing it all then do diversification. In which you invest some amount in one asset and some amount in another. This way if one goes wrong expectations then the other will give you back up. Overall both are good investments. I consider BTC the digital type of Gold. Because just like physical gold this BTC is also not backed by any other type of asset or currency.

But definitely there are some big differences between these two but If I would be at your place, I would consider to buy BTC according to my condition as buying Gold is a bit hard due to taxes, enibiroment where I am living, expenses of transporting them etc. etc. While buying BTC is way easier that my parents (living in the same house) won't even come to know that if I have bought BTC.