Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold which is worth investing in?
by
Gallar
on 13/08/2024, 14:25:17 UTC
~Snip
Bitcoin and gold are investment assets that are certainly the most popular at the moment. However, it cannot be denied that both assets have their respective advantages and disadvantages. For example, gold is an investment asset that is familiar to everyone. Maybe everyone in this world already knows what gold is. Gold has many uses, such as for making jewelry, electronic devices, health, and even food. So, with the many uses that gold has, it has its own advantages that make gold very good as an investment asset. However, the drawback is that gold has quite a lot of price supply, so the price of gold does not rise too quickly. Even within 10 years, the price of gold has not changed much. Maybe if we invest in gold, there is a possibility that the money we have could decrease in value due to inflation.

In contrast to bitcoin, although it doesn't have many uses, in my opinion bitcoin is more suitable as an investment asset and store of value. Because bitcoin has a clear cycle every 4 years. Apart from that, the price increases that always occur in bitcoin can also be said to be quite significant, so our money will definitely increase in value and of course we can definitely avoid what is called inflation. Apart from that, if we look at the era that has advanced to the era of digitalization, bitcoin is certainly superior to gold. So for me personally, Bitcoin is a better investment asset for now.