Are Watches Better than Bitcoin!?

He purchased a rose gold Patek Philippe 5980 on April 12, 2021 for $230,000 when Bitcoin was trading at $59,000. Two years later, the watch is going for around $200,000 and BTC for $29,000. Was this a good decision?

#bitcoin
#patekphilppe
#crypto
#gold
#luxurywatches
#watches
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[Crmjewelers]

👉Win a $120K Patek: tinyurl.com/winapatek ⌚

[billyfalk]

That was a weird damn comparison, you're saying the best decision of his life was buying a Patek? Just because bitcoin has gone down? It's not even related to each other

[Higoodusername]

Depends what watch you’re buying, whether you use it as a hedge or to make money

Bitcoin will be better option between 2024-2026 but in a bear market (where everything goes down) of course a watch made of precious metal will hold its value. Now do all the RMs that were bought in 2020/21

[majkolsson]

Is carbonated water better than a Ferrari?

[kevinwiltshire]

It all depends on the demand of the botched and rarity

[jessecumbee]

I’m still kicking myself for not buying bitcoin at 16k when the year started. Could have doubled my money, but it’s such a scary market

[furthermoreproductionssall]

But the Patek won't go to a few milion dollars. So no they are not better!
Plus he bought Bitcoin for probably for 20 or 30 bucks and jumped to $60.000 so bitcoin went up 2000x so basically he paid the watch maybee $200 bucks.

[RealKevGotEm]

Never understood bitcoin crypo idk how people are into it

[skidbot]

Watch bitcoin go 6 figures on the next halving and suddenly his decision was a big mistake

[tomthompson]

you can hold a watch in your hand, ,, its that simple.

[bbwwe]

Give it 5-10 years that watch will go back up and then some

[rollinz]

You don't just hold onto Bitcoin thru a massive drawdown 😂😂 u sell high then buy it back lower, the % return for Bitcoin is way higher than any other asset in the world

[OleNesie]

Anything i leave in the toilet is better than Bitcoin

[YentlZ]

But in the next bullrun btc will go over 60k again and then he definitely gonna regret it..

[PresidentJev]

You will all regret not owning Bitcoin in the future. Go read the Bitcoin standard. Content like this is for laugh and giggles. But let’s see who is laughing in the end. 😊

PS: Owning Bitcoin and owning watches are very much possible in this world and you don’t have to choose. 😮

[skerriesrockart]

So no, watches are not better than bitcoin..watches are not a good investment because the arse has fallen out of the market

[kaunas]

Losing $30, 000 is not the best decision.

[veganbutcherhackepeter]

Of course watches are better. Try wearing a bitcoin on your wrist and telling the time. Bitcoins have zero intrinsic value. Watches do.