Quote from: tabas on August 04, 2024, 01:24:34 PM

Quote from: LDL on August 04, 2024, 12:07:09 PM

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.

I don't think that bitcoin investment is good for short-term neither gold because they are called investment and the best way to make good profit from them is when you hodli and keep them for a long time because their values increases overtime.

Bitcoin is easy to invest in by everyone both the rich and the poor because you can buy as little as @$10 every week from your discretionary income for a long term to increase the amount of bitcoin you have. Bitcoin is new and the fast rate of growth is something that makes it worth investing in more than gold because if bitcoin gives you the opportunity to control your wealth yourself without a third-party.

Gold is good but I prefer bitcoin because it gives big profits than gold and no one will know if you have bitcoin without you telling them making your wealth a secret.