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Author Topic: Bitcoin or gold?  (Read 984410 times)
johnlamar
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February 24, 2018, 11:03:25 AM
 #11041

Prefer the bitcoin because bitcoin is a Saving asset class in which people can store wealth, which is not connected to the ups and downs of a country's economic performance.
You can move Bitcoin to any world in minutes, regardless of the amount of Bitcoin. That's why people call Bitcoin a digital gold, but better digital gold. so my conclusion is better to choose bitcoin as an investment for the future with high price movement. may be useful. Wink
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Freddie Aguiluz
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February 24, 2018, 12:40:43 PM
 #11042

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I will choose to have bitcoin, After 5 years of holding I will cash it out and invest all of it in many different ways. Unlike golds or fiat money, bitcoin is volatile and cannot be affected by a countries economy.
Tom Korsteng
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February 24, 2018, 12:45:42 PM
 #11043

Of course gold, because it has real value meanwhile bitcoin can be destroyed by governments because they don't want bitcoin live as they can't control it.
amwer
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February 24, 2018, 12:57:59 PM
 #11044

I agree completely.
Gold would be the best investment if you had more money because gold is the safer and more sure investment out of the two.
Bitcoin if you needed a larger profit because out of the two bitcoin could have a profit margin VERY VERY VERY considerate to the gold's.
I, being a gambler would of course choose BITCOIN.
ucingucingan
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February 24, 2018, 01:23:58 PM
 #11045

If you describe it so then I would prefer the bitcoin rather than gold, because if I choose bitcoin I will get more profit in the not-too-distant future, but also the risks that will come
MaskOffFuture
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February 24, 2018, 01:26:37 PM
 #11046

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I will choose to have bitcoin, After 5 years of holding I will cash it out and invest all of it in many different ways. Unlike golds or fiat money, bitcoin is volatile and cannot be affected by a countries economy.

Gold is $1300 per ounce approximately and this is showing it's stable compared to bitcoin, hence the return is very small in gold compared to bitcoin. Bitcoin gives better returns actually.
kuruyama
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February 24, 2018, 01:30:20 PM
 #11047

Why not both, Bitcoin for this generation cause its been living its hype, and since we do not know still the future of bitcoin, atleast you have reserved a gold that will not depreciate its price but rather appreciate more over time cause its getting rare over time.
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February 24, 2018, 03:11:11 PM
 #11048

If I tend to invest in bitcoin because the price movement often increases so in the next few years would make it possible for someone to generate maximum profit and not have to worry about issues that are often circulated.

ngusmin
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February 24, 2018, 03:34:40 PM
 #11049

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I chose bitcoin, because bitcoin has the potential to rise much higher than gold, and it will give better returns. Bitcoin is risky but every risk there must be a big advantage in it.

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Nicol3
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February 24, 2018, 03:40:10 PM
 #11050

I would choose gold over bitcoin hypothetically speaking. Because a lot could happen in 10 years but with gold, if you just place it somewhere safe it would still be gold and the value does not depreciate. Once you die, you can still pass on gold to your love ones, although you could do that in bitcoin but it still has risks especially if the private key you have left misses a number or letter perhaps; wherein in gold if you lost you number combination of your safe box you can have someone open it up for you to retrieve the gold itself.

Semosuchi Tesongrato
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February 24, 2018, 10:15:25 PM
 #11051

It's an old question, and - talking about ten years - I'd choose gold, without any hesitation: gold is used from 5000 years, bitcoin from 9. Sorry.
Of course, gold it's not an investment. But, in ten years, I'm pretty sure it will keep its value.
Bitcoin, may be it will gain 1.000.000%, may be it will arrive to zero...

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Chachacoin17
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February 24, 2018, 11:02:39 PM
 #11052

If I tend to invest in bitcoin because the price movement often increases so in the next few years would make it possible for someone to generate maximum profit and not have to worry about issues that are often circulated.
If ever I will choose just one of this, I will choose bitcoin than gold because as we can see, bitcoin price keeps on increasing and it is already proven by everyone that bitcoin can really do change life forever or can really make your life better. Unlike gold, gold is not that famous in this generation, yes gold is helpful too but the price of this remains the same and people wont really attracted gold right now.
Cinemo
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February 24, 2018, 11:43:21 PM
 #11053

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
If I had to convert all my wealth I will convert it to bitcoin. Because bitcoin is more high than gold.If its price goes low I just wait the time when it is become high.But to be more wise, I will not invest all my money so that I have money in case of emergency.
SHOSHI ISLAM 5
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February 25, 2018, 01:10:27 AM
 #11054

10 years... I'd say bitcoin.

The best and obvious answer is to get both.

Personally I like BTC as it allows me to take advantage of the high volatility. If someone is only buying to store, gold is a much better option as it is almost sure to be valuable. BTC, on the other hand have an uncertain future regardless how much we like and believe in it.


It's much riskier than gold in that time frame, because gold will hold its value while bitcoin might have gone to zero.
But if it hasn't...the gains will be immense!
eyesninja21
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February 25, 2018, 03:07:24 AM
 #11055

For me, I think I would choose Bitcoin than gold. Smiley

Because in Bitcoin you can deposit & withdraw instantly and the price movement often increases so after a 10 years Bitcoin will generate more profit than  gold.

 
embung mereng
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February 25, 2018, 03:23:11 AM
 #11056

i will choose btc rather than gold, because with btc i can get many advantages and this is an asset for a good future
Because I believe every year Btc will always increase
Zabrielle
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February 25, 2018, 05:20:09 AM
 #11057

I think i will choose Gold. This is the safest commodities to invest in up to now. Even the physical Gold is good for investment, either you will pass this to your kids or sell it, still it has a value. For how many years Gold has been oldest way to invest in. Its stability is proven in the market. Although bitcoin is promising but as of now i can feel the uncertainy comparing to Gold.
Daboy_Lyle
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February 25, 2018, 07:46:52 AM
 #11058

I choose both of them, but BTC is better than gold because of the price is unstable.
Bacotan Bae
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February 25, 2018, 08:32:12 AM
 #11059

I choose both of them, but BTC is better than gold because of the price is unstable.
If we become a trader then the unstable price is a profitable thing, of course we always profit even though the price drops, for me bitcoin investment more promising profit than gold because bitcoin price increase can reach 100% per year even more.


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jaredl
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February 25, 2018, 08:58:44 AM
 #11060

I would not keep any money in gold. While it is a good storage of money (for now), it has little chance of capital appreciation when compared to bitcoin or equities.

I keep 1/3 my money in crypto and 1/3 my money in equities and 1/3 in property investments.

property investments served as a hedge against inflation while the other 2 are for capital appreciation.

This has served me well over the years.




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