Gold price has start to increase back.

I do not know if what you said is true but gold actually fall when Trump won while bitcoin increased but Trump as the winner does not mean it caused it. Gold is still high in price if compared to previous months, its price really increased this year and got to ATH also several times.

Bitcoin is a legal tender in El Salvador. You mean in US? I do not think so. They will prefer only their dollar to be the legal tender.

Gold was never profitable than bitcoin ever since bitcoin was created.

They’re both profitable but if we look at how the two are performing currently it makes sense why bitcoin is the preferred one. I am guessing that many people didn’t believe in bitcoin back then but suddenly they want in on it now that it’s being valued greatly and consequently they need to have funds to buy bitcoin so they sell their other assets.
It already is in El Salvador. But in the US? Hard to assume for sure because as far as I know, that’s not part of Trump’s plan from his campaign speeches. All he wants is to make bitcoin their national reserve.

• Bitcoin would give quick returns than Golden? Yes. Then why didn't they invested earlier?

You mentioned Trump, right? It's just during the recent campaign that the once anti-Bitcoin Trump started making Bitcoin-friendly pronouncements. And he just won.

Earlier, there wasn't a Trump saying "Never sell your Bitcoin", "On day one, I will fire Gary Gensler", "We want all the remaining Bitcoin to be made in the USA", and so on.

And, earlier, Trump was just a candidate.

• Bitcoin could soon become a legal tender?

In the US, no. And I don't think Bitcoin investors are buying Bitcoin because it will soon become a legal tender in the US under the Trump administration. That's far from happening. Trump didn't even mention that. That's not part of the plan.

It's enough for investors to have heard what Trump has said as regards Bitcoin, and that he turned out victorious, for them to invest heavily in Bitcoin. The future is bright. That Bitcoin will thrive and its adoption grows exponentially are becoming more certain now when the president of the most powerful country in the world is pro-Bitcoin.

• Gold won't be as profitable as Bitcoin immediately he is sworn in as president?

Gold has never been more profitable than Bitcoin. But the point is that investors are never more assured of Bitcoin than now when the president of the USA is Bitcoin's ally.

Bitcoin’s volatility and rapid price movements make it attractive for investors looking for quick, high returns. While gold tends to be a stable, long-term store of value, Bitcoin has shown the ability to skyrocket in value in relatively short periods. Many investors see this potential for higher returns, especially with Bitcoin’s increased institutional adoption.

Timing the market is notoriously difficult. Many people only jump in when they see momentum building, and now that Bitcoin is more mainstream, it feels like a safer bet to some. But there's always the risk that it could be too late for some to benefit from the kind of growth others saw earlier.

Well, without any doubt. Bitcoin has proven itself as more profitable for investors throughout those years than gold and there's no doubt if someone invests in Bitcoin then that person will get quicker and higher profits then the ones who invest in gold. The ones who haven't invested in it earlier were skeptical and now they're investing due to FOMO.

I believe that gold still has a future, albeit a less bright one than bitcoin. In fact, just look at the difference in returns of the one and the other. I have a little bit of gold investment and much more bitcoin, simply as a small diversification. Even if bitcoin ends up taking over, physical gold will continue to have uses in jewelry and industry, so it's not like digital maps that have made paper maps disappear. But in a century in which everything has gone digital and the most profitable businesses are digital, it is clear to me that between bitcoin and gold the champion will continue to be bitcoin.

Yeah, nobody forbids you to do both, but BTC is just built differently - and that's totally okay, the volatility is a crazy thing 
BTC will become the new digital gold (and already is, albeit some still question that), and gold will accompany it in the place where it is now.

Now they know and they will be wiser next time.
Or it will be their loss indeed if they don't learn what happened during this cycle.

A report or statistics about people ditching gold for Bitcoin would have helped to give this claim a good foundation. I am only aware of Trump's ally Republican Senator Cynthia Lummis who suggested that the US sell some if it's Federal Reserve’s gold and create a Bitcoin reserve.


It is common for people to be attracted to Bitcoin when the price is appreciating. The bull season usually gets lot of attention from investors. Some people will only invest in an asset that has government backing, so Trump's endorsement has made some of these doubters to begin to change thier perception.

I don't see Bitcoin becoming a legal tender anytime soon in the US. Trump will always promote the dollar and ensure it maintains is dominance.

Bitcoin will definitely be more profitable than gold of Trump make it a reserve asset.

Right now whoever is buying Bitcoin is a victim of FOMO. When the bear season hits, these are the people who are going to cry out loud and spread misinformation about Bitcoin. We have seen this trend during every bear season. So Bitcoin is a super volatile asset.

Gold is very different. The volatility of gold is much less compared to many other assets. So people who likes to avoid risks, usually invests in Gold.

I don't think it's correct to compare these two assets at all! These assets cater to different types of investors.