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Author Topic: Can Bitcoin Replace Gold As An Investment Option?  (Read 157 times)

Denial11

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Can Bitcoin Replace Gold As An Investment Option?
« on: February 24, 2020, 08:12:59 AM »
Bitcoin has exhibited that it can be deployed to hedge against the risk while Gold’s recent growing nature presented the safe haven for investments. It stands out as the most trustworthy asset for parking the considerable sum of money, but Bitcoin is also gaining popularity in recent years.

Sources>>https://www.cryptoknowmics.com/news/can-bitcoin-replace-the-gold-as-an-investment-option

Delgboke

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Re: Can Bitcoin Replace Gold As An Investment Option?
« Reply #1 on: February 24, 2020, 11:35:32 AM »
I think gold was the first digital assets thats was in place before Bitcoin come in the the digital market, which we consider as cryptocurrency, for me due to high level of innovation in cryptocurrency I can say that Bitcoin will take over gold as an investment option.
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Re: Can Bitcoin Replace Gold As An Investment Option?
« Reply #2 on: February 25, 2020, 10:36:22 AM »
they are two investments with different characteristics, with gold you earn less but it is a safe, stable investment, bitcoin is very changeable, a risky investment but you can make big gains even in short periods...

Redix

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Re: Can Bitcoin Replace Gold As An Investment Option?
« Reply #3 on: February 26, 2020, 11:48:24 PM »
Both are the options for investment even if they have different sectors. Bitcoin is for digital investment, while Gold is for investment in real-life. I don't think they will replace one another because they have a different world. And I doubt if the popularity of Gold will be gone with the existence of Bitcoin.

 

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