Which do you prefer: A GOLD bar or BITCOIN?
I've included this title in today's post because I think it's an intriguing question that deserves an answer, and I'd like you friends to respond. Both of these are renowned and valuable assets in the world. Both Gold and Bitcoin have seen significant investment from a large number of people.
BITCOIN IS A VALUED DIGITAL CURRENCY
Bitcoin is the cryptocurrency king, and its primary purpose is to allow people to send money over the internet. This is without a doubt a high-risk investment, as I noticed its price fluctuating between 69K and 16K, with the lowest recorded below $4K. It must also be clear that the higher the risk, the greater the reward, and that if you are brave enough, you will be the successful person investing in Bitcoin.
Gold bars, on the other hand, are a safe asset investment with high value demand all over the world. Countries' currencies are printed in response to their country's gold demands, and it is easy to see how valuable gold is around the world. The gold bar is actually the shape of the Dair Milk Chocolate, which has a lot of value and is very popular.
When it comes to gold, the price has been rising over the last month, and the current price at the time of writing is around $1846. Gold is more popular among women because they enjoy wearing gold jewellery, which is one of the main reasons why the price of gold is so high that it is in such high demand all over the world.
WOMEN DEMAND MORE GOLD
Many golds are used as gifts and as a tradition at every wedding. Many people are interested in investing in gold bars because they are one of the safest investments and will not depreciate. Its value will rise in the future, and it is equivalent to cash. Because of the high demand, you can exchange your gold for money at any time and with little effort.
However, Bitcoin is in contrast to gold, which has the ability to multiply your money 100 times. More people around the world are looking to BTC, believing that this digital currency will soon replace all other currencies. This coin is already very expensive, and you wonder where the price will go once it is regulated all over the world.
According to my thoughts, I would prefer both of these investments at a 50% ratio. These two assets, including real estate, are the best in the world, and you should invest in them. You will never lose money after investing in these valuable assets. These assets' demand will grow day by day, and people will have a greater need for them.
Which of these two valuable assets do you prefer? Also, explain why you chose one of these assets and what the demand will be in the future. According to the Mark Cuban latest statement where he is saying that #Bitcoin is a store of value and a good investment and A Gold Bar is "USELESS". In any case, this is his opinion, and everyone has their own research and beliefs about these assets.
This is an attempt on my part to provide you with information about Gold Bars and Bitcoin. I hope you enjoy reading the post and that it is informative as well. If you enjoyed the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
IMAGES AND GIF TAKEN FROM CANVA, EDITED IN CANVA
REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.
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Bitcoin, Bullets, Batteries, Bud and Booze…
I call it the Multi B Index, lol.
LoL
You are correct 😁😁