I BUY GOLD OR BITCOIN?

[LigwagGanern]

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?

If you are a risk taker it is better to buy bitcoin because if you buy bitcoin the one thing you need is to wait. Why? You need to wait until the price of bitcoin increase so that you may have a big profit from it. Bitcoin is a crypto or digital currency it means the price of it if temporary sometimes it decrease and mostly increase, be wise in holding a bitcoin because many people wants to have that.

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[KorakPawon]

for now I better choose bitcoin, why because the amount of gold may be limited, but unpredictable value. Unlike Bitcoin that has a mathematical grip that can be calculated, so more stable and difficult to manipulate. although the amount of bitcoin is equally limited, it's just that bitcoin is more expensive for a few decades ahead of gold.

[Denker]

If you would have bought for instance an 20 ounces of gold in september 2013 (1339USD/oz) how much would it be worth now? 1342USD/oz!
So you wouldn't have made any significant gains. september 2013=26780USD; today=26840USD
However if you would have bought 20 BTC at that time (~120USD/BTC) it would be worth ~166kUSD right now.
september 2013= 2400USD; today=~166kUSD

Gold is scare, but highly centralized, controlled and manipulated and very hard to move through borders.
Bitcoin is scarce, decentralized, very difficult too manipulate due to it's transparency by the blockchain, and can be send anywhere at any time.
Furthermore the Bitcoin Blockchain is a network protocol and a technology platform. Combine that with it's features like scarcity and store of value. Now what do you think will have more potential in the digital age??!!

[maemunah]

if for long term it is equally good both, but if want to look for big profits better buy bitcoin but if to look for profits that are not too big and look for a price that is always stable it better to buy gold if my advice

[spyerf]

I do not prioritize anything, for me to set aside some of the money we have to invest, this is something we have to do. if you want a safe mindless loss, we must buy gold. but if we want to develop money we buy bitcoin is also good, because bitcoin values ​​tend to change, we just need to find the right time to buy.

[Gudhal Untu]

For the future security of course splitting money to many places of course is a better thing than just putting in one place, gold and bitcoin are 2 types of investment that we can choose by dividing with same portion.

[makolz26]

For the future security of course splitting money to many places of course is a better thing than just putting in one place, gold and bitcoin are 2 types of investment that we can choose by dividing with same portion.

I would rather choose bitcoin over gold right now, but if you have plenty of money then it is fine to invest in both of them just make bitcoin as your priority in having an investment, gold is profitable too in the long run but you cannot earn more than the bitcoin potential profit can bring.

[arctic circle]

I wont give any financial advice but in my personal opinion I would go with BTC since its growing in value and accumulating large volumes and this will be huge in coming years