davlewis (OP)
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December 04, 2018, 01:17:23 PM |
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Gold or Bitcoin each of them has their own set of pros and cons, if you talk about investment, I would prefer choosing Gold because of the main reason that is, the volatility and the acceptance of the other asset. While bitcoin has a volatile nature, gold has a better intrinsic value and lower price volatility. Also, the value of gold is determined and accepted by all, whereas bitcoin is yet to be accepted.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Umaga. G
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December 04, 2018, 01:30:42 PM |
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I like to choose gold rather than Bitcoin Bcoz the value of the gold will not drop for so long , not like Bitcoin and even the value of the gold will be increasing so its better to opt gold....
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Disaster435
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December 04, 2018, 01:33:51 PM |
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Bitcoin has both advantage and disadvantages, but the main advantage of btc is that it can be easily transferred throughout the world to any other user. That can not be done with gold, which is why btc is a worthwhile competitor.
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bagsat
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December 04, 2018, 01:47:16 PM |
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It is Gold, because of it's value. But it requires a lot of funds to invest unlike in bitcoin you can earn assests and profit by joining bounty campaigns which you can use as an investment. Make sense?
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mk4
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December 04, 2018, 01:50:21 PM |
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Why not both?
You can store a good percentage of your money on gold. Not as an investment, but as a hedge to fiat money, to not be highly affected by the inevitable inflation. Then store a much smaller percentage on bitcoin, as both a risky store-of-value and as a speculative investment. Always take note that when investing your money, diversify. And no, I don't mean diversify in multiple cryptocurrencies. More of diversify in different kinds of assets.
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BrewMaster
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December 04, 2018, 04:31:06 PM |
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the answer is obviously both!
haven't you ever heard of diversification? that is how you diversify. you find assets that are not related to each other and have enough potential of profit and you invest different amounts in each of them based on the risks you are willing to take. for example if you really think gold is better then invest a larger percentage in gold. and i am assuming you are already interested in bitcoin and/or own some otherwise you wouldn't be here. so invest a smaller percentage in bitcoin if the high volatility is scaring you.
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There is a FOMO brewing...
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Kayum10029
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December 04, 2018, 04:35:06 PM |
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Gold and bitcoin,before dumping price situation bitcoin is far better than gold but now gold is far better than bitcoin.i am fully tired of holding bitcoin.
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squatz1
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December 04, 2018, 04:44:44 PM |
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People don't seem to remember that both have very different aspects to consider when it comes to investment, as gold is practically like a store of value when it comes to investing -- this is what some people want to see out of Bitcoin, but with the current price action it's not something which is present (unless you bought a year and a half ago or something)
Bitcoin is a pretty volatile asset class compared to anything else, and I truly do think that comparing it to gold is dangerous as it strays from the world currency that bitcoin was supposed (and is supposed) to be
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Rambukwelle
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December 04, 2018, 05:05:41 PM |
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We are in the blink of an eye of next economic recession , which can be even bigger than the last 2008. Both real Gold and Digital Gold will be the ideal Investors in that scenario as a store of value. So It is not Gold Vs Bitcoin , It is always Gold Plus Bitcoin !
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novikov433
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December 04, 2018, 05:47:26 PM |
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I would choose a better business investment, and invest money in stock trading
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alani123
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December 04, 2018, 06:13:32 PM |
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In terms of stability, I thin gold also carries some risk but definetely not as much as BTC. Gold isn't easily transferable and definitely not used as a currency. As a store of value I think it's better but to be it's still not that of a great hedge against the system because the points of redemption for currency are a vital point for gold's value to be utilized. In a crisis environment gold's lack of divisibility doesn't help it be as useful if FIAT fails.
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lamthanh3462342
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December 04, 2018, 06:26:36 PM |
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I like the bitcoin more because I like the adventure. Bitcoin - a cryptanalyst, which has a higher value than gold, but it depends on many factors, so the value can change. Gold is more stable, and value is not much fluctuated. You like the safety should invest gold, but also risky adventure should invest bitcoin.
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proTECH77
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December 04, 2018, 06:33:51 PM |
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I would love to opt into investing on Bitcoin than Gold because of it anonymous transaction. Bitcoin investment is very quick and reliable in my own opinion. Bitcoin has the capacity and ability to multiply itself than gold. Just my personal views and opinions.
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funchiestz
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December 04, 2018, 06:43:08 PM |
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Gold or Bitcoin each of them has their own set of pros and cons, if you talk about investment, I would prefer choosing Gold because of the main reason that is, the volatility and the acceptance of the other asset. While bitcoin has a volatile nature, gold has a better intrinsic value and lower price volatility. Also, the value of gold is determined and accepted by all, whereas bitcoin is yet to be accepted.
Gold is a good investment tool. But it has a good value. It has a low risk and low potential to rise. Bitcoin is another good invesment tool. And its value goes up and down quickly. It has a huge risk (we are watching decline for months) and has a huge potential to moon! Actually we can ask an another question to ourselve. Bitcoin vs Dogecoin (or any other altcoin)? Which one do you choose? Bitcoin has a low risk than others. And the all same like Bitcoin vs Gold...
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harizen
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December 04, 2018, 07:19:01 PM |
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Gold or Bitcoin each of them has their own set of pros and cons, if you talk about investment, I would prefer choosing Gold because of the main reason that is, the volatility and the acceptance of the other asset. While bitcoin has a volatile nature, gold has a better intrinsic value and lower price volatility. Also, the value of gold is determined and accepted by all, whereas bitcoin is yet to be accepted.
That's your own view about gold so just follow your thoughts. Bitcoin and gold have been on the topic before about what is the "best" between them. As for me, the comparison is not making sense after all because people have different views and approach. There are factors why people choose bitcoin over gold or vice versa. Some of these factors are: availability, knowledge, access and comfortability. No need to go technical. Just follow what will be our preferences based on doing research and analyzation.
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Belec
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December 04, 2018, 07:48:42 PM |
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I would invest in bitcoin, although it is unstable and maybe the bigger the risk, that instability may lead to an increase in the price that would mean that I am in profit. Bicoin has helped me a lot in life, and that's why he's before Gold
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rodalutor
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December 04, 2018, 07:55:42 PM |
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Gold or Bitcoin each of them has their own set of pros and cons, if you talk about investment, I would prefer choosing Gold because of the main reason that is, the volatility and the acceptance of the other asset. While bitcoin has a volatile nature, gold has a better intrinsic value and lower price volatility. Also, the value of gold is determined and accepted by all, whereas bitcoin is yet to be accepted.
Gold is a safer more stable investment but with less room for growth. Bitcoin is the more risk investment but with higher potential rewards. Each person can then decide on their own which is best. The only distinction between individuals is some will have more or less belief in each but anyone should still draw the same conclusion that gold is safer but with lower potential rewards.
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Wingleness
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December 04, 2018, 08:12:03 PM |
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Bitcoin is a digital currency while Gold is a precious metals, comparing both in terms of price and use case may not be justified as they exist in different platform.
But for the sake of investment, I will still prefer Bitcoin to Gold as the prospect in Bitcoin is far beyond what's been experience at the moment. Bitcoin will Revolutionise the whole ecosystem and set financial freedom to the masses.
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Pab
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December 04, 2018, 08:26:06 PM |
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by my opinion Gold is very stupid investment Gold is used only like a hedge to dollar You can buy gold when dollar is going down but your profit will be little Gold prices and trading is controlled by big institutions Bitcoin is risky but can bring very high return even now in middle term
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