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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

If bitcoin was able to make a lot of progress within 10 or 20 years, then how much more in the next possible years to come. Do not just do the computation, but make a final move. While bitcoin is a good and safe haven investment, bitcoin is more than that. You'll definitely become extremely rich if you know how to make advantage every opportunity that comes.

well, for the long term, I would also choose bitcoin, especially when my assets are quite large. After all, we can see the development of bitcoin from 10 years ago to now. The price development is truly extraordinary. Gold has also increased, but not as well as bitcoin.
However, if OP wants a safe investment, maybe gold is suitable for him. However, if he wants a slightly risky investment, then bitcoin is the choice.

also i would love to choose bitcoin but if i have large amount of fund, i didn’t invest full amount in bitcoin, i will invest some gold because it’s 100% safe assets,

Just because you have a lot of money, it does not become safer to invest into gold. That is dumb.

Of course, if a person is new to investing, he might need to choose only one asset to invest into inorder to not dilute his money.. so for example a person could start out by only investing into bitcoin and cash. and the cash is largely just to make sure he has enough for expenses (assuming that his cashflow is also in cash), and then if he gets up to a certain higher level of savings/investment such as more than 1 year of his expenses ONLY in bitcoin, then maybe he might choose (upon his discretion) to diversify into other assets, and gold does not need to be one of the assets in which he diversifies, so he could diversify into properties, equities (stocks), bonds, and commodities, as well as whatever level of cash/cash equivalents that he chooses to hold.

Gold does not need to be part of the package unless maybe there might be some desire to prepare for Armageddon, then maybe perhaps up to 5% of the bitcoin size might be optionally invested in gold in order to prepare for Armageddon-like scenarios.

Quote from: Tigerheart3026 on August 25, 2024, 06:14:32 PM

and then i will invest in bitcoin it could be long term or short term,

Bitcoin should be long term and not short term. Bitcoin is amongst the best if not the best of assets currently available, so it would be stupid to be trading it.

Quote from: Tigerheart3026 on August 25, 2024, 06:14:32 PM

if in online security is a big issues, it’s not easy to protect online currencies, so without good security knowledge you can loss your money.

Of course, with bitcoin everyone should be attempting to learn how to secure their bitcoin rather than holding it with a third-party, yet if he is just learning and getting started, then he might hold with a third party while he is learning, but if he has a lot of value, then he should be trying to learn quickly in regards to how to secure his coins, whether it is with a hardware wallet like Trezor or some similar kind of other hardware wallet, such as cold card, passport or jade or there might be some others that are acceptable and open source. https://thebitcoinhole.com/

Quote from: Hutler85 on August 25, 2024, 06:59:10 PM

I think if you want to really invest your money, Bitcoin is better than gold, because I believe that it will give better profit in long term.
Unless you just want preserve your money and make it safe, gold is better because it is less volatile than Bitcoin.

Choose which one do you want the most.

Gold is not even close to better than bitcoin in regards to trying to be "safe", unless you already have gold exchanges around you and in your community. If you are trying to learn about gold, you are probably going to be worse off in terms of trying to find where to buy and sell it. And, also if you go in to gold, you are going to just continue to lose value, especially compared to bitcoin... maybe you might be able to hold value relative to the dollar, but that is even questionable since bitcoin is going to continue to eat gold's lunch in terms of value continuing to gravitate into bitcoin from gold, just as it has been doing for the past 15 years in really exponential ways.

Yes, what I meant was gold is relatively safer than Bitcoin in term of its value because the price is much more stable.

If you said so, does that mean that Bitcoin is better than gold in every aspect?

Hutler85

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