Quote from: Queentoshi on August 13, 2024, 03:30:42 PM

Quote from: Gooner0 on August 13, 2024, 10:45:32 AM

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For an individual who does not earn so much, bitcoin offers an opportunity to invest. With any little amount that you have, there is an opportunity for you invest strategically from it through methods like the DCA, which if you do very well, you will still benefit. Investing in gold can be a bit difficult, because you may require a lot of money to invest and will need to store the physical gold when acquired. Investing in both of them can be good too if you can actually accommodate the risk involved.

It sounds quite harsh but I have to admit it to you, people will mostly choose bitcoin because they want to make big profits from their small investments, including me. So, it's no surprise that bitcoin is becoming the choice of the masses. But if this question is asked to rich people, they will probably choose gold because they care about safety, profit is not their top priority.

I think most of us here are young and have aspirations of getting rich so there is no need to compare bitcoin and gold. We should step out of our comfort zone and face challenges to find success, bitcoin is the best choice at this time. That doesn't mean gold isn't worth investing in, but it would be great if we were successful with bitcoin and then diversified into gold.