29.04.2023

BITCOIN OR GOLD?

We see that you liked the comparison rubric. And we always listen to your wishes. Therefore, today we will compare two opportunities that have attracted the attention of investors for a long time.

Both assets have high reliability and a history of success, but they have a number of differences that are important to consider when choosing between them.

Reliability

Gold is considered one of the most reliable assets that retain their value for decades. Gold is highly resistant to inflation and does not depend on government policy. Bitcoin, on the other hand, is a newer asset and does not have the same success history as gold. However, Bitcoin is developed on the basis of blockchain technology, which provides a high level of security and protection against fraud.

Liquidity

Gold is a very liquid asset that can be sold quickly and easily on the international market. Bitcoin is also highly liquid as it can be bought and sold on cryptocurrency exchanges. However, compared to gold, Bitcoin is a less liquid asset as its exchange may be restricted or prohibited in some countries.

Volatility

Bitcoin has high volatility, which means that its price can change rapidly from day to day. Gold, on the other hand, has less volatility and usually changes its price more slowly than Bitcoin.

Prospects

Physical gold is a stable asset and its price changes slowly. Moreover, the price of an ounce of gold in April 2023 exceeded $2,000, which makes it clear that investors need a reliable asset during a crisis.

Bitcoin has great potential for growth and is considered one of the most promising assets at the moment, but no one knows whether it can become the future means of payment or a reliable investment.

Profitability

Gold is a stable asset that usually provides a small but stable income for investors. Bitcoin, on the other hand, can provide significant income if bought early in its history and sold during its growth period. However, it is worth knowing that Bitcoin is a high-risk asset that can lead to significant losses.

Ultimately, choosing between Bitcoin and gold depends on your goals and the risks you are willing to accept. Gold is a stable and reliable asset that can provide steady income, while Bitcoin is a promising and high-risk asset that can lead to significant gains or losses.

If you want to own a "gold asset", we invite you to visit the online store of the company Golden Way, where you can choose a gold bar of the desired weight from 1 to 100 g.