Post
Topic
Board Economics
Merits 1 from 1 user
Re: Bitcoin or Gold
by
G_Besar
on 19/08/2024, 07:47:40 UTC
⭐ Merited by lizarder (1)
Of all the investments we make, investors are interested in ensuring their losses are minimal by holding a portion of your portfolio in precious metals. This provides protection against losses that stocks can experience during a trend, and it is still effective today, and is used as a long-term investment.
Precious metals can only save value to the extent of the amount of money you put in them because precious metals do not experience a large increase in price in the same year so that it is still considered suitable only for storing the value of the asset itself and not for expecting more profits in the long term. Because if you want to get more profit with a long-term duration, of course the best choice must still be directed to Bitcoin, not others even though there is a little risk that you need to understand when every money you change into Bitcoin for future investment purposes.

right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.
What you said is quite true because gold can still guarantee its price stability in the market even though sometimes there is a slight correction in a fairly small amount. As for Bitcoin, this is an option for people who have the mentality and also have more money in achieving higher profits because they also have to be prepared to face a very high level of price correction in Bitcoin when there are bad moments that can affect the Bitcoin market itself. And for now I am also quite familiar with both (Gold and Bitcoin).