Post
Topic
Board Economics
Re: Bitcoin or Gold
by
ultrloa
on 19/08/2024, 08:46:22 UTC
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
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.
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.

Not for everyone to the extent that some people can't understand that its normal for us to deal with a risk is we talk about investment. Also people always go with something could able to give them an assurance and those people doesn't know about bitcoin will just think about that this asset is risky since they only know bitcoin as volatile asset or coin used by scammer but they don't really know its use and how to deal to take advantage then gain from it.

That's why lots of people who doesn't know about bitcoin would choose gold in this option since provably they know that this precious metal is reliable and been tested since they can surely gain something especially that value is appreciating over the time. For us who know bitcoin we are lucky to have two option and we can choose both asset to invest since we will have some great things to have especially if price of those two asset rise in future and for sure we can get most of it especially if we take action and not just talk about that both is good to accumulate.