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Author Topic: I BUY GOLD OR BITCOIN?  (Read 10924 times)
mann1983
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February 23, 2018, 09:00:47 AM
 #1161

We should buy both Gold for investment and Bitcoin for Trading.
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miang
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February 23, 2018, 09:01:10 AM
 #1162

Gold is 99% infallible and a very solid investment. This is an asset that has survived and lasted centuries, one cannot go wrong with gold. Bitcoin on the other hand, as exciting as it is, is still fresh and new, and nobody can say for sure what direction it will take. Things could still go pear shaped for all we know, or the opposite could be the case. I think it will do well, but gold is a sure thing. To be safe how about, a 50/50 split.
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February 23, 2018, 11:36:52 AM
 #1163

it's better to buy bitcoin than to buy gold because if your bitcoin you bought quickly you can get it here everyday because its price is moving so the income is quick while gold is the year you wait for it before the price rises so long before you earn it so it's better to buy a bitcoin in gold.

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Hasbro27
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February 23, 2018, 11:53:34 AM
 #1164

I prefer to buy gold from bitcoin, I prefer a little risky investment, if I buy bitcoin may buy a bit, gold is better than bitcoin because gold investment risk is safer than bitcoin and gold price is more stable
SNAPCALLHERO
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February 23, 2018, 01:52:47 PM
 #1165

The answer is very easy and i think you have had your own choice. if you wanna get profit, let's invest in Bitcoin and I have to remind you that it is not safe. And if not, let's buy gold.

srabone
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February 23, 2018, 02:04:40 PM
 #1166

BRO i think btc better for buy , iff gold give you 10% profit , btc can give you 100% profit <
placergold
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February 23, 2018, 02:05:24 PM
 #1167

Both gold and bitcoin are good. In fact bitcoin is the cyber gold. I'd keep both for long time.
aji567
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February 23, 2018, 02:12:45 PM
 #1168

I prefer to buy bitcoin because the price is higher and fluctuate. It is suitable for long-term investment.
care2yak
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February 23, 2018, 02:17:36 PM
 #1169

i think you gave them a pretty good answer. they could choose your first reply if they think bitcoin is too risky to invest in. or they may choose your second response if they aren't risk averse and will be very willing to invest in something new.

but you forgot to tell them not to put all their money in bitcoin, since, as was said so many times over, that it's a very volatile asset class and the price can drop really low. therefore, they need to put in only that amount that won't crush their spirit in the event that prices reach near zero.

the best choice that they can make is to choose to invest in both. one is stable and the other is groundbreaking tech. both will grow over time and will benefit them greatly in the future.
kmrunner
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February 23, 2018, 02:35:17 PM
 #1170

While gold is a strong safe haven asset because its role is very understood in investment portfolio and has established its trade in regulatory framework.I would rather invest in Bitcoin because it is a new technology that is increasingly growing and genuinely innovative, a new asset with some unique features that make it viable haven.
echo11
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February 23, 2018, 02:46:57 PM
 #1171

nvestors knows what to invest in at different times in their lives. For me if I have a huge capital and I am going to invest both. Because no one can guess that gold is gonna be a dominant economical things on the earth. This can repeat for bitcoin too. But if you have small money I would advise doing a small perecentrage in gold and the rest for bitcoin.
terrong
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February 23, 2018, 02:52:32 PM
 #1172

Of course bitcoin because the value of your investment will grow faster.
gold will only secure your money but its development is very long.
cofinder
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February 23, 2018, 02:58:19 PM
 #1173

Sure, stability is a great thing. As a crypto investor I can say that sometimes It seems that I’m about to turn gray. But it's worth it. I even close to love the adrenalin which comes with bitcoin price changes. Of course gold is good investment too. But different one.
Xester
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February 23, 2018, 03:04:14 PM
 #1174

Bitcoin Is better with me. You got them Bitcoin.

Also with me.  Because admit it or not, not all people can buy and invest gold.  Only those who are rich amd have extra money to buy gold.  Unlike bitcoin which we can always earn them and even buy just portion of it.  And it can always grow and we can even use it to buy gold.
Lilmon
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February 23, 2018, 03:04:15 PM
 #1175

Obviously, i will go with Bitcoins together with the majority of people in this forum than gold. Befause clearly, bitcoins and other crypto currencies are things that makes  having great orofits easier. That is, if you know what you are doing. Plus it does not require much from anyone looking to get into it. All it takes is a skill to communicate in english and common sense(of course having more skills would he better. But you get my ooint.).but hey, if you really are paranoid, then do both. Start with crypto, and then buy gold. That way you can make sure your money is safe. But that's yiur choice, i certainly wouldn't want to go through that kind of hassle in life when there is an easier way.
preshpr1nce
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February 23, 2018, 03:05:33 PM
 #1176

What's so good about gold?

Gold price 10 years ago, $950, Gold price today $1300, about a 37% increase, inflation over 10 years = 16.72%, result = about 20% gain in 10 years, average of 2% per year in terms of a store of wealth, a 5% savings account while compounding profits each year will get you, after inflation roughly 46% profit, over 2x more than gold
BTC in 1 month can get better returns than gold over 10 years.
bitvelk
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February 23, 2018, 03:07:12 PM
 #1177

It depends on the person. If a person has a lot of money and needs stability. A safe Deposit, which will not entail a sharp drop in the exchange rate in an instant - let them choose gold. If a person likes risk and excitement - bitcoin is the best option.

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Klestar
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February 23, 2018, 03:16:27 PM
 #1178

Well the answer is purely based on the person's interest and capabilities. If the person wants to gain profit from a prodyct that has long been in the market abd haf already made a name and face, I suggest you invest on gold but uf you are willing to take risks for a bigger profit then bitcoin is the investment you wanted.  It is that easy.
muhdede
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February 23, 2018, 03:23:38 PM
 #1179

What's so good about gold?

Gold price 10 years ago, $950, Gold price today $1300, about a 37% increase, inflation over 10 years = 16.72%, result = about 20% gain in 10 years, average of 2% per year in terms of a store of wealth, a 5% savings account while compounding profits each year will get you, after inflation roughly 46% profit, over 2x more than gold
BTC in 1 month can get better returns than gold over 10 years.

rate calculation that you say is true, Bitcoin is better than Gold. But bitcoin also can not be said to be the best investment from gold but bitcoin is a risky investment that is profitable. if we flashback on last year bitcoin reached 20k USD but now bitcoin is only 10K USD. imagine how many losses that bitcoin invested in the past year

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preshpr1nce
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February 23, 2018, 03:32:15 PM
 #1180

What's so good about gold?

Gold price 10 years ago, $950, Gold price today $1300, about a 37% increase, inflation over 10 years = 16.72%, result = about 20% gain in 10 years, average of 2% per year in terms of a store of wealth, a 5% savings account while compounding profits each year will get you, after inflation roughly 46% profit, over 2x more than gold
BTC in 1 month can get better returns than gold over 10 years.

rate calculation that you say is true, Bitcoin is better than Gold. But bitcoin also can not be said to be the best investment from gold but bitcoin is a risky investment that is profitable. if we flashback on last year bitcoin reached 20k USD but now bitcoin is only 10K USD. imagine how many losses that bitcoin invested in the past year

This is true, but you need to be smart enough to realise what comes up must come down, BTC had a 200% increase in 3 weeks last year, you just have to realise that people who bought before this price will start to sell once it hits stable or shows any signs of volatility, if you buy it at the bottom of these events you've made a wise call, if you buy based on FOMO then this isn't the place for you.

If you bought gold in 2011-2012 due to FOMO you would still be at a loss today, BTC has never remained lower than it's ATH for such a period.
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