Post
Topic
Board Economics
Re: Bitcoin or Gold
by
Xcode7
on 04/08/2024, 12:13:05 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
Whether you invest in either gold or bitcoin, your holdings will dictate your profits. If you plan to invest Bitcoin in the right market in the right conditions and hold it for a long time then I can definitely say that you will be more profitable than gold. On the other hand, if you do not have the courage to plan for long-term holding, then you can invest in gold without taking risk, in this case you will be completely risk free and give 100% guarantee of getting a steady profit in the future.
If we look at the overall percentage of risk and potential profit are quite balanced in these two investment options.
Gold has quite good stability and even its price increases slightly over a long period of time while Bitcoin has quite fast and significant movements.
So between these two options I think we should choose the type of investment according to our wishes, if we want profit in the future of course Bitcoin is the choice but if you just want to save it without taking risks then it is better to choose to invest in gold.