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Showing 2 of 2 results by Sam2589
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Topic
Board Economics
Re: Gold and Bitcoin prices: the surprising relationship
by
Sam2589
on 31/05/2024, 13:15:32 UTC
Gold is a risk off asset, Bitcoin is a risk on asset but Bitcoin is the far better asset. You will make much more profit in Bitcoin holding over the long term. Bitcoin is gaining increasing adoption & credibility within the traditional financial world so I would not bother investing in Gold because Bitcoin is far better.

that's your opinion and that's valid but I believe that both of them has a risk if we considered it as one of our investments. As far as I know, the value of golds appreciate in the long run that's why many people are much more interested in buying golds nowadays because there's a lot of proof that gold is one of the best tangible assets that we should have, same goes to bitcoin but we are all aware that the value of this coin is volatile and we can't predict when the value will increase.
Post
Topic
Board Bitcoin Discussion
Re: Failed crypto project will promote bitcoin more
by
Sam2589
on 30/05/2024, 12:51:42 UTC
Yeah that’s true and I have experienced it too wherein we were lured to invest into new coins but ended up losing it all. It’s always better to stick to Bitcoin as I made a mistake in the past by investing my bitcoin gain into altcoins and I will never repeat it.