Post
Topic
Board Economics
Re: Bitcoin or Gold
by
tabas
on 04/08/2024, 13:24:34 UTC
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.
Both of them are good for either the long or short term and you're right that someone's plan will determine how profitable they will be. There are a lot of these comparisons in charts about someone's asset in Bitcoin and gold and which is more profitable. Of course, those OGs of gold investing have been profitable all of their lives since it's been the medium of exchange since ancient times. But come near and look at how Bitcoin has revolutionized it and how it has shown to the world that volatility shouldn't be scary to take along with risks that it has.