Quote from: Abiky on January 09, 2025, 10:12:41 PM

Quote from: tottong on January 09, 2025, 03:01:31 AM

Gold has the resilience to hold its price, so buying now or later is the same, as long as you don't get involved in a short-term buying and selling pattern.
Or other considerations such as DCA buying so you can adjust your buying.
Political tensions or Trump's promise to stop the war might affect the price but it doesn't cause the price to fall further so sometimes we will buy using the same pattern as in bitcoin and DCA is still a more effective method in my opinion.

Gold has always been a stable investment although the return issue is far different from bitcoin and usually people who invest in gold are more likely to look for a safe point for storing value rather than chasing quick returns in a short period of time.

That's certainly true, mate. Gold is much more stable than Bitcoin. It's good when you want to build wealth without worrying about prices dipping in the short-term. Bitcoin gives us greater returns, but it also comes with its risks. Since market prices are volatile, you could quickly lose your initial investment (in Fiat terms).

I'd invest in both BTC and Gold to minimize risks of loss as much as possible (diversification). Both are poised to reach higher prices in the future. Rest assured that inflation of Fiat currencies won't be going away anytime soon. We just have to learn to live with it. Cheers. Grin

Although Bitcoin is a volatile and risky asset, people are more attracted to it for investment. Over time, the number of institutional and individual investors is increasing and at the same time it provides higher returns in terms of appreciation. Among valuable assets gold is stable in nature and is used as the federal reserve of any country.

The process of depositing Bitcoin is relatively simple and investors can buy any fractional amount at any time rich or poor with any income. But people may need relatively more capital to buy gold, which can be difficult for low income investors. The long term results of continuing to deposit Bitcoin from discretionary income are much more positive for investors.