Updated May 23, 2025 • 1-min read
Posted by Anonymous
May 22, 2025
1 answer
Posted by Anonymous - May 22, 2025
The wild swings in bitcoin price in USD compared to gold have always cracked me up. I remember checking the bitcoin chart one morning and seeing it move like 10% in a couple hours, while gold hardly moved at all. One big reason for this is that bitcoin is still pretty new and fewer people are trading it compared to gold, so if someone buys or sells a big chunk, the price jumps fast. Gold has been used for centuries and there’s a whole lot of it, while there’s only ever going to be 21 million bitcoins.
Another thing is how emotional and ready-to-panic crypto traders seem to be. Everyone’s watching for headlines about bans, hacking, or famous people, and prices move way more because of everyone reacting all at once. Plus, with bitcoin, anyone can trade 24/7 online, while gold trading is more traditional and limited. In my experience, owning a bit of bitcoin is like riding a rollercoaster, while gold is more just waiting around.
Honestly, if you want wild rides and huge upside, bitcoin is fun. But if you want steady, go with gold.
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