Is Bitcoin the “gold” of crypto investment?

[Ameralsamt 2558]

Yes, my friend of course, the global bitcoin currency is like gold against market currencies, and for me I prefer to invest my money in Bitcoin and not ordinary gold, because it has high and huge profitability, it is the best currency in the world. 

[Hanbal 359]

Bitcoin is the technology advancement of gold in all ramifications though gold still has it value but it is very difficult to get access to a precious gold unlike a bitcoin were you can purchase anytime you have money.

[RoyalHouse01 9]

Now a days you even will see people stating that the bitcoin is far more useful than the gold because of its investment opportunities that it offers and the wide spread use of it.

[Adrian Atiencio 156]

Hello friend, I hope you are very well. I believe that the bitcoin could become a safe haven currency for many investors and banks, this will tell the time, I believe that if it could be considered the gold of digital investments, although they are totally different things.

[ltaa02 52]

I think crypto will become very popular, it has a remarkable social phenomenon. Helps you exchange money in a variety of ways.

[abohasnn9 2401]

My friend, the Bitcoin currency is very similar to gold on the ground, they are both decentralized and non-inflated. They are extracted from two metals, and this is what really distinguishes them. It really is the gold of investment currencies because it has a stable future as the price of a currency in general and a great fluctuation towards the future. Thank you.

[Jacks52 351]

 it is easier to make transactions than with gold, easier to store and cheaper,buying Bitcoin and keeping it in my care is very simple, while gold can sometimes be difficult to acquire or store safely.

[SelimAbi 339]

I absolutely agree with this. When I have money, I prefer to invest in bitcoin and gold. I also recommend people I know to invest in bitcoin instead of gold.

[jackycrypto485 1055]

In my opinion, Bitcoin is the gold of cryptocurrencies, Bitcoin is similar to gold in many aspects, but in my opinion, Bitcoin or gold cannot be dispensed with. Gold is a guarantee for the future as it preserves the value of money or Bitcoin, as it is a store of value but variable and viable.

[Whited35 15285]

On 1/30/2021 at 8:10 AM, ltaa02 said:

I think crypto will become very popular, it has a remarkable social phenomenon. Helps you exchange money in a variety of ways.

Remarkable social phenomenon, what does it mean 😜? Decentralization or you mean to say anything else? Bitcoin is considered to be digital gold and future unified currency due to the growing interests of investors from all around the world which has been putting the extra value on it for a long time. Despite the volatility in its market, it is still considered to be a powerful virtual currency. 

[huesca123 946]

BTC is a good comparison to Gold. If you look at the recent bull run of BTC, it way surpasses profitability of gold. I like silver thou as an investment. I try to get as much physical silver as possible. Be it in coins, bars, whatever. You can say that eth or ltc is the silver of crypto currencies.

 

What I forgot to mention, is that in the EU you dont pay VAT when you buy gold. But you pay 21% VAT when you buy silver. What a bunch of rubbish !!!!!!!

Edited February 10, 2021 by huesca123
Add Content

[Rozy 1918]

As far as I know i can definitely say that Bitcoin is the gold of this age and it is the best thing that technology has provided so far, it is the best investment but only one thing to worry about which is the possibility of being hacked, that is why people who intend to store it for long time save it in hard wallet.