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Author Topic: Is gold better than Bitcoin?  (Read 42093 times)
betlord90
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October 02, 2016, 08:23:41 PM
 #561

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.
YTBitcoin
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October 02, 2016, 09:33:24 PM
 #562

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it.
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October 02, 2016, 09:47:34 PM
 #563

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it.

i agree with your points but still it is compulsory that you stay alert with your invested money in gold or bitcoin because some issues occur which make the price of any asset to drop down and those who stay ignorant with their assets often do not prevent their money from lose.
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October 05, 2016, 03:19:04 PM
 #564

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.
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October 05, 2016, 03:21:24 PM
 #565

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it.

i agree with your points but still it is compulsory that you stay alert with your invested money in gold or bitcoin because some issues occur which make the price of any asset to drop down and those who stay ignorant with their assets often do not prevent their money from lose.

Even if the price of gold drops in a short term you should not worry about it as it will surely give you benefits in long run, but if you want to make quick profits then you should invest only in bitcoins.
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October 05, 2016, 03:21:39 PM
 #566

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.
correctly . but we must pay attention to the storage of gold. if not careful then gold we could just disappear. it would be very detrimental. we should be able to save the gold in a very safe place.
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October 05, 2016, 03:43:15 PM
 #567

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.
correctly . but we must pay attention to the storage of gold. if not careful then gold we could just disappear. it would be very detrimental. we should be able to save the gold in a very safe place.

If you have high amount of gold then its always to keep them safe in bank locker so then it becomes responsibility of banks to protect your gold and if anything goes wrong then they will help in recovering it.
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October 05, 2016, 04:06:38 PM
 #568

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.

As time goes by it will be more valuable than ever. Yes there are still some that are being mined but we are also getting populated which means many would want to have some also. It will be good to store a lot of it before its price goes really high due to rarity.

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JumperX
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October 05, 2016, 04:19:14 PM
 #569

Gold is always an better form of investment in compare to bitcoin but its only good for those who cannot afford to take higher risk, a person who is looking for short term profits will always  prefer to invest in bitcoin.
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October 05, 2016, 04:22:47 PM
 #570

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.

Gold is good for those who want a secure investment plan because gold is not something that drops its price drastically with time, while bitcoin is for those who want to get some good profits with the time because bitcoin increases its price as well with the time.
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October 05, 2016, 05:09:40 PM
 #571

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.

Gold is good for those who want a secure investment plan because gold is not something that drops its price drastically with time, while bitcoin is for those who want to get some good profits with the time because bitcoin increases its price as well with the time.

High risk taker will always choose bitcoin to make quick profits as they cannot afford to wait longer and they want quick results and who wants steady profits will choose gold.
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October 05, 2016, 05:14:15 PM
 #572

Seems to be a lot of thread stealing from other subforums.

Gold is on the way up currently and I have failed to track if this happens around the American election every time or not,but I think its best to invest in both. Imagine three guys walking along a road and some folks have set up a road block.
First guy has whiskey and trades it off,second guy has gold and parts with some and the last guy has bitcoin!
I suspect the guy with the bitcoin is going to be forced to turn around or give up something more dear to him.
Gold is tried and tested and bitcoin is useless once the power grid goes down.
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October 05, 2016, 05:31:05 PM
 #573

no it is not the better but yes it is a strong opponent if we compare its value and popularity with bitcoin.gold has a lot of trust and popularity in the market and bitcoin have its 1/5th only till now but still people are choosing bitcoin because it offers a ot new features which make our daily life easyer

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October 05, 2016, 05:31:38 PM
 #574

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it.

i agree with your points but still it is compulsory that you stay alert with your invested money in gold or bitcoin because some issues occur which make the price of any asset to drop down and those who stay ignorant with their assets often do not prevent their money from lose.

Even if the price of gold drops in a short term you should not worry about it as it will surely give you benefits in long run, but if you want to make quick profits then you should invest only in bitcoins.

Lol who said bitcoin  is here for a quick profit?  You cannot take a good profit if you invest bitcoion and sell it after a week.   There is not much of a pump going for bitcoin these days, you need to be patient to book a nice profit for bitcoin, and that is if you timed your bitcoin buying in an uptrend price but if it is in a downtrend, you need to wait until the price satisfies your selling price.  So I think both bitcoin and gold are in for a long time investment.  

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October 05, 2016, 06:07:31 PM
 #575

In a long time run of investment gold is better than
bitcoin. We know that gold no matter what happen
gold is there. Bitcoin is good too but in a short term
investment. Bitcoin is not a life time investment.

if someone want only to save their money and do not care for any profit from gold then they can put their money in gold while if someone want to get the profit then they have to invest in bitcoin as it is only bitcoin which give much higher profit by investing in it.

i agree with your points but still it is compulsory that you stay alert with your invested money in gold or bitcoin because some issues occur which make the price of any asset to drop down and those who stay ignorant with their assets often do not prevent their money from lose.

Even if the price of gold drops in a short term you should not worry about it as it will surely give you benefits in long run, but if you want to make quick profits then you should invest only in bitcoins.

Lol who said bitcoin  is here for a quick profit?  You cannot take a good profit if you invest bitcoion and sell it after a week.   There is not much of a pump going for bitcoin these days, you need to be patient to book a nice profit for bitcoin, and that is if you timed your bitcoin buying in an uptrend price but if it is in a downtrend, you need to wait until the price satisfies your selling price.  So I think both bitcoin and gold are in for a long time investment. 

Yeah but if we thing of long term then I think gold will hold upper hand on bitcoin as the future of bitcoin is unpredictable and we don't know how long it will exist and what price it will hold in future.

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October 05, 2016, 07:26:32 PM
 #576

In any case, invest in gold, a person will be sure that they will not be lost, the more gold is always appreciated, and even in the distant past was subject to the exchange.
but i think both has their own place and we cannot ignore the importance of one, as gold is so stable and you can put your assets in gold without any doubt, but it can only give you a low profit because there is  a very little chance in the price of bitcoin, while bitocin is also too good for investment because there is big change in the price of bitcoin so there is also a big chance for making money in bitcoin.
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October 05, 2016, 11:43:04 PM
 #577

We cannot really compare them to each other as both have their own advantages and disadvantages and if we have an choice to invest in both of them then why to go with an single option.
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October 05, 2016, 11:58:26 PM
 #578

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Yeah and people who are looking for quick profits will always choose bitcoins over gold as making profits from gold is an time consuming process and not everyone have that high level of patience.
yes it was before the last few months but the current bitcoin prices tend to be stable which makes a bit of trouble to make a profit, i guess now no one is better between gold and bitcoin.
and it is good that it is stable, it means that more people are getting attracted to it over time

 
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October 06, 2016, 12:01:01 AM
 #579

We cannot really compare them to each other as both have their own advantages and disadvantages and if we have an choice to invest in both of them then why to go with an single option.
[/quote
Of course . each person must have judgment and reason. gold and bitcoin is one of the media profitable investment in my opinion. it is my opinion.
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October 06, 2016, 12:14:28 AM
 #580

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them
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