Better Buy: Bitcoin or Gold? | Crypto Craft

  • Better Buy: Bitcoin or Gold?

    From fool.com

    Crypto investors have long referred to Bitcoin as "digital gold." If that's the case, then Bitcoin (BTC -2.93%) -- just like gold -- should act as a hedge against the type of market volatility and economic uncertainty investors are currently experiencing. But consider what's happening right now. The price of gold just soared past $3,000 to hit a new all-time high and is now up 15% for the year. In contrast, Bitcoin has fallen nearly 20% from an all-time high of $109,000 in January. Gold appears to be on the way up, while Bitcoin -- at least for the current moment -- seems to be heading down. So, which is the better ... (full story)

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Trader#2BD5
Mar 29, 2025 7:51am
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We'll have a hyper-inflationary nightmare... are central banks buying Gold or BitCoin to prepare for what's coming? Obviously, Gold. BitCoin has nothing to do with Gold. Gold has been considered money throughout the history. Gold and Silver are money. USD is credit, completely worthless if it cannot be exchanged into Gold. So, if you're buying BitCoin to earn more USD, but USD is worth less and less day by day because of the Fed deliberately destroying it to implement the new system, is it really that hard to understand that you should buy Gold (real money) instead of BitCoin? Gold is real money and as such will always keep its purchasing power. USD, and BitCoin that will have to be exchanged into USD won't. I don't even know what clown came up with the idea that BitCoin is similar to Gold...
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Trader#1274
Mar 29, 2025 2:02pm
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I don't get can you please clarify it for me.
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Trader#7DC6
Mar 30, 2025 12:03am
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Quoting Trader#1274
I don't get can you please clarify it for me.
Me? Which part?
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