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Author Topic: I BUY GOLD OR BITCOIN?  (Read 10933 times)
thomassaba
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December 11, 2017, 01:41:06 PM
 #681

Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?

i will buy bitcoin this year and next year price because of price

gold better for long time
Webetcoins
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December 11, 2017, 07:17:17 PM
 #682

I think you must buy bitcoin because the price of bitcoin raised All Time High (ATH) every year.  Smiley
If you want to have more money in the future, in fact much more than you do have right now, then I will suggest you to go for investing your money into bitcoin instead of buying gold or any other thing. Buying of bitcoin actually means that you are going to have lot more profit over your investment as the market value of bitcoin increases significantly with each passing moment. Gold is only suitable for keeping your money safe and nothing else.

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December 11, 2017, 07:21:52 PM
 #683

You just have to check the performance of both in the last years. You will see that gold has remained pretty much the same in tha last 5 years...if not it dropped a little. Bitcoin on the other side has succed huge growth. Maybe you should wait a little bit more for btc to drop a little so you can claim sa many satoshi as you can.
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December 11, 2017, 07:22:10 PM
 #684

Gold is more profitable than gold, It is your advantage to hold bitcoins rather than gold and why ?, Bitcoins is good for long term currency and it is digital currency that's why you can always exchange into fiat in the time of needs while gold cannot and it was very hard to sell.
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December 11, 2017, 07:25:38 PM
 #685

Hello, i would like to suggest you, you should buy some alt coins such as "C","ËTH" something like that.
because gold is in stable price but coins are growing so that you can make more profit from them Smiley
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December 11, 2017, 09:41:19 PM
 #686

why would you compare it one to another ?
both of them have their own use and i believe most of them do not understand what is Bitcoin,
because only them who has nearly zero knowledge about Bitcoin will ask such a thing.
people will tell you which one is the best ? when both of them are different assets in the beginning,
i heard some of them asked it that way because of the colour of Bitcoin and the Gold itself,
both of them are gold,that is why they compared it.

1.Gold is an assets and most of it used as a jewelry,and what will happen with its price ? it's quite stable,
but it does not mean it'll be forever standstill,sometime/someday there'll be a huge change with the price if global economy is crashing.
2.Bitcoin is a digital assets,used by people to send or pay someting across the world/place in a few minutes.
which mean with the time and technology,it'll be used by people because of this.

That's true. It's far different from each other. But, if you want the similarities and aspects where you can compare it for, I would be greedy and choose both. Gold is already a proven commodity, and it has been stable ever since, and it's trade-ability and selling value have been stable and certain. On the other hand, bitcoin is now becoming a very good and profitable means both as a currency and investment medium, which is gaining a lot of interest right now. So, if I would have both the assets, I would choose to have both because it can be used in different ways and means.
Hamaber
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December 11, 2017, 09:52:45 PM
 #687

both, but most bitcoin for btc price will increase a lot the next few years
I think that after the coming of bitcoin now gold is no more an asset for the trade as now the traders know that they will earn money because of bitcoin only and gold will not give them much profit and if it will give then it will be a very slow profit.
salink
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December 11, 2017, 10:10:32 PM
 #688

I will choose bitcoin because its price will go up instead of investing in gold at a fixed price without buying into bitcoin then the profit will increase over time.
emmanborromeo67
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December 11, 2017, 10:31:21 PM
 #689

For me its better to invest bitcoin because  bitcoin is a big amount and very fast to big a price .
ngavanngo22
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December 11, 2017, 10:36:26 PM
 #690

Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?

Asking this question proves you do not understand the cryptocurrency market and especially Bitcoin. One thing is that investing in gold can be safer, but the price of gold will only rise a bit and there will be a dip. How about BTC? In terms of growth, the current exchange rate has increased by nearly 2000% over the previous year. Promises next year rates will rise to over $40.000. So after I say these things, you choose to invest in gold or BTC?  Tongue

MMA
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December 11, 2017, 11:37:20 PM
 #691

I will choose bitcoin because its price will go up instead of investing in gold at a fixed price without buying into bitcoin then the profit will increase over time.

For trading purpose bitcoin is really a best option to choose, but i think you must also to be too good in trading, because without any experience in trading, there is more risk to lose money.
uDwcHYO
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December 11, 2017, 11:54:26 PM
 #692

a strange question at the forum devoted to crypto-currencies, the answers will obviously not be in favor of gold

zzz
s31joemhar
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December 12, 2017, 06:36:28 PM
 #693

I think it is better to buy bitcoin over gold. If we consider all information and facts about bitcoin they can give you more security than gold.
Bitcoins provides a high yield of interest which will accumulate a huge amount of return on investment in just short period of time that you can use in personal matters.
FRJ
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December 12, 2017, 06:38:50 PM
 #694

I always prefer bitcoin than to buy gold.

There are many reasons for this.

Firstly,the price of gold increases but slowly. But BTC's price increases very faster than gold.

Secondly,we can not do transactions through gold.Gold is not a currency.But bitcoin is a modern currency and can do transactions through it.

The price of gold is far away from bitcoin.Bitcoin is much more expensive than gold.

By holding bitcoin,you can get a huge profit that you can never get from gold.

So,buy bitcoin,hold them,get advantages of it and become rich.

Miz
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December 12, 2017, 07:27:03 PM
 #695

Actually I like both so if ever you want invest in something that you could probably profit from in a couple of years then invest in both gold and bitcoin.
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December 12, 2017, 07:28:52 PM
 #696

In my own opinion, You should invest on bitcoins rather than gold. Bitcoins value is increasing faster while gold is quiet stable. Another thing is that, Bitcoins is very obtainable and anyone can work to earn altcoins and exchange to btc.
ZainSpider
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December 12, 2017, 07:59:35 PM
 #697

Gold is only good because its not virtual, otherwise bitcoin is the best one.

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December 14, 2017, 01:57:29 PM
 #698

I think the best thing is to choose to buy bitcoin instead of gold. Even though gold is precious metal in this world, the bitcoin is more valuable among the two.
The company and management of bitcoin provides more sercurities in future.
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December 14, 2017, 10:36:35 PM
 #699

If you want something to be sure then buy gold because the physical is already proven there is. But if you want something in the form of a profitable digital then buy bitcoin because the price is predicted to be even higher even now the price of bitcoin already exceeds gold.
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December 14, 2017, 10:47:49 PM
 #700

To find a safe better gold because of the gold doesn’t have a big risk, if you see advantage would in can be more lucrative bitcoin, but bitcoin also has a risk, as if suddenly the value of her slumped, or if we forgot passwords wallet us or if there are hackers, for the virtual is a lot of the big risk, but also can get advantage big, all back to our interest and also luck
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