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Author Topic: Re: I BUY GOLD OR BITCOIN?  (Read 297 times)
Pan Troglodytes
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March 05, 2018, 12:32:17 PM
Last edit: March 05, 2018, 12:56:16 PM by Pan Troglodytes
 #21

It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.
Gold has been there for thousands of years and it has proven itself again and again to be a great way to preserve your capital through turmoils and historic changes. I put great emfasis on "preserve" here, because what gold does, it preserves your capital, not increases its value. It may look like an increase when the currency fails, but in fact it is just holding its value.

Bitcoin on the other side has not yet gained its true value. At some point in the future it may become a very stable insurance against turmoils (as gold is), but until it does, it needs to gain a lot so its price reflects its true value. Of course there is risk involved, on what is the 'true value of bitcoin'.

So depending on what one aims at: at preservation of one's capital, or a chance of high (but risky) gains, one should choose gold or bitcoin. Or both, understanding inherent features of each of those investment vehicles.
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March 05, 2018, 12:36:37 PM
 #22

i think bitcoin is best and if u hold btc long term u will make more profit bcz btc is an asset.

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March 05, 2018, 12:40:58 PM
 #23

For investing and holding, gold (but at good price please). For speculation, bitcoin. I don't consider buying crypto as investing. Gold is accepted as a store of value by almost all human beings and has better liquidity than bitcoin, and bitcoin is not yet accepted by the mass and no one can predict the exact future.
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March 05, 2018, 12:41:38 PM
 #24

Depends on you, but we all know that the value of gold will go higher and higher while the value of bitcoin will go higher or lower. We don't know what happen in the future of bitcoin but we are sure about the future of gold that it will have a higher value in the future.
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March 05, 2018, 01:35:54 PM
 #25

Gold is much more stable than bitcoin. As a result, precious metals remain the top priority for investors seeking safer investments.

The volatility of BTC is high, and people seeking high returns can choose BTC.

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March 05, 2018, 01:39:07 PM
 #26

Hi,

These are two different kinds of investment actually.

If you are afraid about a potential WWIII or world catastrophe, then gold is your best bet. Once everything has blown up, you still have something you can trade.

If you are afraid about societal changes and political mess... Then bitcoin is your best option. Once governments have collapsed, you have a source of revenue that is not dependant on geopolitical stability.

I gues both can be interesting! Wink

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March 05, 2018, 04:20:38 PM
 #27

30%  gold
50% stocks
20% bitcoin
budiarmed
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March 05, 2018, 04:28:49 PM
 #28

It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.

You better choose bitcoin, because bitcoin is more potential for profit, Bitcoin will continue to increase and become more popular in the future and it will be a good choice for investment.

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March 06, 2018, 09:53:30 AM
 #29

If you like stable investment, you buy gold, if you like adventurous investment, you invest bitcoin, but I personally prefer to invest bitcoin, I want to bet, if the failure and then come back, I do not afraid of failure.
Investing your money into gold cannot help you earn anything good as the market value of gold is very much stable and it is better to keep your money safe in your account than that of buying of gold.

It is better to go for investing your money into bitcoin as this will only give you a chance of having a good living at the end but will also add more money to your account than you actually invested.
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March 06, 2018, 10:11:16 AM
 #30

Gold we can just keep and save, bitcoins always work for us. I `d rather have less bitcoins which produce a profit then more golds which is just saving in bank - it will bring me less income
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March 06, 2018, 10:29:08 AM
 #31

It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.

Thats well to known everyone here. I mean gold is just nothing but metal shit which can be stored in many forms like jewels, biscuits, bars, raw gold etc. Though we have it as much as its value is not going to change more than enough to get us huge profits. On the hand bitcoin is always pushing itself more than few folds every year. This is clear from its initial value of couple of dollars until it has gotten its todays price of 11K and even it touched down the ATH 20K USD last year. So you see more benefits here than the gold.

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March 06, 2018, 10:37:47 AM
 #32

It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.

Both of them are a good investment in my opinion. I'm still a gold person I invested on them since the dotcom bubble crash and it gives me goods returns. Not that gold bullion, but in jewelries. And yes sometimes If I needed money, I just go to the nearest pawnshop and then instant money.

But when bitcoin or crypto came into the picture. I put a decent amount as well and we all know how much we all earn specially last year with a 700% or more growth. So if you have the chance then invest on both of them.









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March 06, 2018, 11:42:12 AM
 #33

It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.


I think most likely it will. Maybe not bitcoin, but the crypto currency will replace paper money. And it will be good if we have an opportunity to make good money. Because if there is no money, then it is not important whether it is a dollar or bitcoin.
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March 06, 2018, 11:59:09 AM
 #34

gold can not be in production like a company planting a new stock or a federal bank printing gold money should be dug from the ground and in the process. if I choose bitcoin because of the striking new assets bitcoin with all the currency properties with some unique features that make it a decent place and I am sure from year to year the price is soaring bigger.
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March 06, 2018, 06:36:37 PM
 #35

Gold is a safe bet, why can't you buy both. I would say bitcoin is a bit more risky but the rewards are bigger
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March 06, 2018, 08:37:52 PM
 #36

It's very true what you say. Bitcoin offers you many possibilities. My opinion is to buy butcoin.
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March 06, 2018, 08:45:28 PM
 #37

bitcoin Is prone to appreciate in value rather than gold, I prefer investing in bitcoin because I may get double of my money when I invested properly with much patience.
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March 06, 2018, 09:02:13 PM
 #38

It is useless to compare a bitcoin investment with a gold investment because they are two different things wich dont work the same. In the last five year the average price of gold was approximately 42.000$. Sometimes it dropped lower than that, sometimes it increased more than that but it never the change was never bigger than 20%. If we check the price of bitcoin is last 5 years it surely increased a lot since then but there were big fluctuations of over 50% and that could be good or bad, depending on your type of investment. Most of the big investors in gold dont recommend to invest in bitcoin, wich could be the right thing to do.

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March 06, 2018, 09:05:35 PM
 #39

I think both of them are very profitable nowadays, but gold is considered as an asset and good and not really a currency. Also it have the price growing up slowly compared to Bitcoin and crypto currencies. I prefer investing in BTC because it is more promising than gold and because it is needed for trading crypto currencies in general.
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March 06, 2018, 09:35:35 PM
 #40

The gold vs bitcoin debate is never ending.
One is physical and will always have worth as it is a precious metal.
Bitcoin on the other hand has had a decade to get to the point that it's at and can be used for goods and services.

Tell me the last time you saw a now accepting gold bullion sign anywhere?

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