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Author Topic: If you have some BTCs, why not have some Gold too?  (Read 3568 times)
BunnyShibe
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September 09, 2017, 12:50:46 AM
Last edit: September 13, 2017, 01:29:19 AM by BunnyShibe
 #101

Golds price is not growing so quickly. Also, as far as gold is concerned, there is a high risk to be stolen or even accidenatally lost
i also like to invest my money therefore i like to choose bitcoin instead of gold, in fact bitcoin can give me a very quick profit that i cannot expect from gold, because gold has a very stable price and wee cannot expect such a big change in the price of gold therefore most of the people choose bitcoin so as get some profit after some time.
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September 09, 2017, 01:57:55 AM
 #102

As an investor, i also would like go invest in gold, but rather than buying gold in the web and checking its price i would suggest you buy the physical gold and store it in a safe and tell no one about it, or you put that gold in the gold depository for safe keeping, in that way you can be sure that you already own physical gold than having someone send you a letter informing you invested in their gold, just like bitcoin you are sure that you have bitcoin when you storr it in your wallet and you can watch your investment grow. For those who just invest in bigcoin,i respect thd decision, however gold will still give you positive gains, so why not have both, fof me you just can't have enough if the good thing, which is positive returns, so that's why i suggest to also invedt in gold and not just gold, on investments that you would know will give positve results in the future.
DoublerHunter
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September 09, 2017, 02:46:04 AM
 #103

I don't have gold because i am still waiting for my investment in bitcoin to grow to its maximum limit and i don't want to cut some of my profits in bitcoin just to have a gold which is a very slow investment that cannot compete with the fast of growing price of bitcoin and that is why i don't prioritize gold because i don't settle for slow kind of investment.
RamBahadur.Gurung
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September 09, 2017, 02:47:06 AM
 #104

Golds price is not growing so quickly. Also, as far as gold is concerned, there is a high risk to be stolen or even accidenatally lost
i also like to invest my money therefore i like to choose bitcoin instead of gold, in fact bitcoin can give me a very quick profit that i cannot expect from bitcoin.

Chinese investors who had invested in Bitcoin has lost almost 25% in just 2 days. So Bitcoin is not a magic pill which can give you unlimited profits for ever. You need to realize that you can also incur huge losses, and sometimes you may even lose all of your investment.
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September 09, 2017, 03:03:26 AM
 #105

Bitcoin is much easier to trade compared to gold. Yes both are good investments but Bitcoin is easily accessible and can be traded digitally compared to gold which is only tradable in actual.
obsously both are have value in the market and good investment holding of gold for long term are profitable for my prediction price value of gold goes up in every year, holding of bitcoin is also a very nice investment bitcoin profitable than gold because bitcoin keep increase if the price value bounce back, you can't year to get some profit to bitcoin, easy and fast use for thransaction.

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September 09, 2017, 03:04:39 AM
 #106

simply because gold need to circulate in order to grow economy of a certain country and if  you keep that you are hoarding.
bitcoin is decentralize money or currency that grows and grows every day and it is not legalize
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September 09, 2017, 03:08:28 AM
 #107

Because I think gold can not be traded in realtime via the Internet like BTC.

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Rishabh riyz
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September 09, 2017, 03:13:45 AM
 #108

Gold is a limited rare earth metal in which people invest as an asset to give profit in future , so are bitcoins they are limited and are used as an asset.
But their is a difference between them . Gold is pure investment we cannot buy something from it we can just sell it , while bitcoins is also a digital currency. People can distribute bitcoins in several wallets and also buy online products through them..
Comparatively the digital investment that people do in bitcoins are faster and more profitable than the investment in physical gold.
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September 09, 2017, 03:18:55 AM
 #109

I have silver and Bitcoin and Bitcoin Cash  the new silver of crypto coins.
Little wrong to call Bitcoin cash as the silver of cryptos, I think that's ETH. BCH is just a fork of bitcoin, and that all its nothing more.
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September 09, 2017, 03:26:49 AM
 #110

Because you are thinking about bitcoin and gold in the same way which you should not. Bitcoin is digital asset whereas gold has physical form and its traditional type of asset. Then don't have much of the similarities and both of them have only one thing in common which is "they have value and can be traded". Otherwise the lack the integrity in terms of value growth in which bitcoin is always beyond the expectation and gold has been stayed where it was previously. There is no point in investing money into gold as long as you trust bitcoin because everything is all about having assets and money backed in the form of that asset. In terms of earning profits well, bitcoin takes the leap and we can't forget that it has started with cents and ended up with quadrupled thousand now.

 
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Marcus yoyo
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September 09, 2017, 03:59:05 AM
 #111

I do not know why I am not interested in gold investment.
I am more interested in bitcoin.
because the advantages of bitcoin are much bigger than gold
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September 09, 2017, 06:44:47 AM
 #112


Good doesn't have similar properties to that of bitcoin. It is very slow growing asset and divide my money into gold and bitcoin would be bullish trend because I m sure that I will loose money over the gold.


It's all about making money, profits from our investment and it doesn't matter if profits are coming from bitcoin or altcoin (gold have no chance). So I will invest money over that asset and would get as much profits as I can. :-)


I know both are beautiful but gold looks beautiful only in the real world as a jewellery worn by lady. To make that lady happy you just even with bitcoin and get some gold. :-)


 
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September 09, 2017, 06:57:44 AM
 #113

I think it's two different investments, so it's not correct to compare it. But from the point of view of portfolio diversification it's not bad to have bitcoin and gold together. Why not?
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September 09, 2017, 07:09:53 AM
 #114

bitcoin can send with small amounts and not depend on dollar like btc

but as you say both beauty   

if you have extra money

buy gold
bitcoin
 silver
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September 09, 2017, 07:11:43 AM
 #115

Gold is precious but BTC is more precious than Gold.
We can trade with our BTC and easily increased our money through BTC.
It is not possible to trade with Gold Digitally as like as BTC.
We can buy Gold when we have enough money and we can sell them with our Buying price or with a little profit or little loss when we need money, it is not too much profitable.
On the other hand we can buy BTC when the price getting down and we can sell them with 2x or 3x profit when the price will getting up.
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September 09, 2017, 10:12:29 AM
 #116

I don't think gold is a good investment.  it doesn't generate an income. , needs physical storage and insurance, Capital gains tax rates are higher on most gold investments.
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September 09, 2017, 02:25:59 PM
 #117

Well, probably because they were completely different things. Well, yes, both are used of exchange, but they have different ways to be earned. Bitcoins are a digital product while gold are held. Bitcoins are earned through the use of internet and it is also earned somehow just like gold but there are differences.

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September 09, 2017, 03:42:45 PM
 #118

I was regular trader equity , forex and commodity like gold silver from long time but I never seen this growth like bitcoin or any other cryptocurrency I think investing on bitcoin is far better than gold,

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September 12, 2017, 11:02:27 AM
 #119

Golds price is not growing so quickly. Also, as far as gold is concerned, there is a high risk to be stolen or even accidenatally lost
Trust me, the only I don’t have a gold is because there is no way I can earn such, and I’ve never such opportunity. If I do, bet me I will invest into it. But I will prefer getting the gold physically, not in any other way. I was got into bitgold; a gold company, but people believed they’re scammers, so I left for something useful.
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September 12, 2017, 11:09:57 AM
 #120

May I suggest something that combines the both of them...XAURUM is the only cryptocurrency backed by gold. Upon purchasing xaurums, part of its value is assured with actual gold!

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