Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin or Gold
by
GigaBit
on 28/06/2024, 17:30:16 UTC
⭐ Merited by JayJuanGee (1)
A debate between Bitcoin and Gold investors is often seen as to which one is more profitable for them to invest. The comparisons we see with gold in this case is that gold can provide a steady return to the average investor whereas an investor can get little return on long term investment. Gold has managed to deliver approximate 30 percent adjusted returns over the past decade, which is just 2 percent on an annualized basis. And it took centuries for gold to reach this position. On the other hand, there is no fixed supply of gold, but gold can be mined by founding new one.

What matters to us when it comes to Bitcoin is that although it is volatile in nature, it is definitely profitable in the long run. Who are long time investors everyone has profited while holding Bitcoin. Moreover, it is an attractive investment medium for current and future generations. As demand for Bitcoin is steadily increasing and its supply is limited, it can reach new highs very quickly. Moreover, since Bitcoin is easy to use in terms of transactions, it can be used for various purposes. etc. There are various reasons i think Bitcoin investment is better than Gold.