Post
Topic
Board Nigeria (Naija)
Re: Can Bitcoin Replace Land and Gold as Store of Wealth in Nigeria?
by
Jubilee58
on 28/08/2025, 07:50:28 UTC
Yes, it is believed that bitcoin is a lucrative investment and stands to turn your little investment into a big profit with time. But at the same time land and gold are different asset . For this reason it is not advisable to put all your money only in bitcoin, I think it is advisable to diversify in your investment.Land is a tangible property that appreciates in value over time , the same thing with gold. But bitcoin is a digital asset that fluctuate in value. Bitcoin is very volatile in nature and if as an investor you are not properly educated on how bitcoin investing works, you can loose your money. Based on this facts, I don't think bitcoin can replace Land and gold.