Bitcoin or gold?

[markj113]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Well thats crap, I made about 24% after selling up post Brexit.

Paid off my mortgage with the proceeds.

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[deisik]

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

As with everything, timing is the most important aspect. People usually have the impression that the longer you hold Gold, the higher your profits will be. That's not always the case. If you for example buy yourself a certain amount of Gold today, and hold it for 6 months, you can get like 15-20% in profits. But if you hold them for like 12 months, the profits that you could have had at month six, may vanish in the other six months. It's timing. I am now talking about Gold since this thread is related to it, but it can be anything.

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

If you read my post on the previous page of this thread where I posted inflation adjusted gold prices, you might have got a clue that gold is far from being perfect as a means of securing your wealth. If you had bought gold in the early 1980s, your gold wouldn't even have outperformed dollar inflation during these 35 years. As you can easily see yourself, gold is pretty volatile too...

Though its volatility is stretched over a period of few years

[South Park]

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

If you choose bitcoin that is good too. Although gold are more safe to be investment but the fluctuation of the price is smaller than bitcoin. You have big chance to get big profit in the short time by trading. The hoarder make bitcoin price move so fast. So I think you make a good decision.  Gold is really good too but it is need big financial capital for make significay profit, bitcoin security is pretty good so do not be worry.

The most important aspect of investing with gold is patience but if you don't have enough money to invest on it maybe it would be a good idea to invest in silver instead since the price is very low and I think it could give you even more profits than gold itself.

[Aamir1]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Though we cannot count gold as an investment like bitcoin which grows really high in value with the time because gold does not grow that much, but still gold also has the potential to grow higher in long run which as a result makes it a good investment too, no matter it does not increase your money so soon, but it does at the end.

[eduaro66]

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

As with everything, timing is the most important aspect. People usually have the impression that the longer you hold Gold, the higher your profits will be. That's not always the case. If you for example buy yourself a certain amount of Gold today, and hold it for 6 months, you can get like 15-20% in profits. But if you hold them for like 12 months, the profits that you could have had at month six, may vanish in the other six months. It's timing. I am now talking about Gold since this thread is related to it, but it can be anything.

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

If you read my post on the previous page of this thread where I posted inflation adjusted gold prices, you might have got a clue that gold is far from being perfect as a means of securing your wealth. If you had bought gold in the early 1980s, your gold wouldn't even have outperformed dollar inflation during these 35 years. As you can easily see yourself, gold is pretty volatile too...

Though its volatility is stretched over a period of few years

I think that the main merit of gold is its stability. The fact that this is a real precious metal that will not evaporate. And the fact that statistics and infographic shows, it does not mean that no one jumps prices earned.

[deisik]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Though we cannot count gold as an investment like bitcoin which grows really high in value with the time because gold does not grow that much, but still gold also has the potential to grow higher in long run which as a result makes it a good investment too, no matter it does not increase your money so soon, but it does at the end.

You may have to wait half of your life till your gold investment outperforms sheer inflation, not even speaking of bringing in handsome profits. And the end may well turn out to be the end of your own life. Unless you are a gold bug who loves his gold unreservedly, whole-heartedly and selflessly, without paying much interest to its current price, investing in gold for long-term purposes may not be quite a rational choice. Nowadays anything might lose its value in a matter of a few months, if not weeks or days, so nothing is permanent or constant...

As to me, the only rational choice in such circumstances is to become a sort of opportunist investor

[markj113]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Though we cannot count gold as an investment like bitcoin which grows really high in value with the time because gold does not grow that much, but still gold also has the potential to grow higher in long run which as a result makes it a good investment too, no matter it does not increase your money so soon, but it does at the end.

You may have to wait half of your life till your gold investment outperforms sheer inflation, not even speaking of bringing in handsome profits. And the end may well turn out to be the end of your own life. Unless you are a gold bug who loves his gold unreservedly, whole-heartedly and selflessly, without paying much interest to its current price, investing in gold for long-term purposes may not be quite a rational choice. Nowadays anything might lose its value in a matter of a few months, if not weeks or days, so nothing is permanent or constant...

As to me, the only rational choice in such circumstances is to become a sort of opportunist investor

And you are suggesting investing serious money long term in Bitcoin that has only existed for 5 years?

I would rather bet my retirement fund on gold than bitcoin.

[Zz]

10 years is a very long time.
Gold only protects your investment against inflation
My recommendation is,
US dollar-based government bonds

Bitcoin used for  gambling - betting - entertainment - shopping etc..

[deisik]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Though we cannot count gold as an investment like bitcoin which grows really high in value with the time because gold does not grow that much, but still gold also has the potential to grow higher in long run which as a result makes it a good investment too, no matter it does not increase your money so soon, but it does at the end.

You may have to wait half of your life till your gold investment outperforms sheer inflation, not even speaking of bringing in handsome profits. And the end may well turn out to be the end of your own life. Unless you are a gold bug who loves his gold unreservedly, whole-heartedly and selflessly, without paying much interest to its current price, investing in gold for long-term purposes may not be quite a rational choice. Nowadays anything might lose its value in a matter of a few months, if not weeks or days, so nothing is permanent or constant...

As to me, the only rational choice in such circumstances is to become a sort of opportunist investor

And you are suggesting investing long term in Bitcoin that has only existed for 5 years?

In fact, I'm suggesting quite the opposite. Namely, not to harbor any illusions about long-term success of anything. This shouldn't be misconstrued as if nothing could ever achieve a long-term success, though. You just shouldn't be particularly infatuated, enticed or possessed by any idea (for example, Bitcoin or gold), so that when you clearly see that it is about to fail, you wouldn't have any doubts or pangs about throwing it away immediately...

That's what I call being an opportunistic investor

I would rather bet my retirement fund on gold than bitcoin.

I don't believe in retirement funds, funds are good only in case of contingency. You should (hope to) retire right to the graveyard, if ever

[chrisivl]

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

Though we cannot count gold as an investment like bitcoin which grows really high in value with the time because gold does not grow that much, but still gold also has the potential to grow higher in long run which as a result makes it a good investment too, no matter it does not increase your money so soon, but it does at the end.

You may have to wait half of your life till your gold investment outperforms sheer inflation, not even speaking of bringing in handsome profits. And the end may well turn out to be the end of your own life. Unless you are a gold bug who loves his gold unreservedly, whole-heartedly and selflessly, without paying much interest to its current price, investing in gold for long-term purposes may not be quite a rational choice. Nowadays anything might lose its value in a matter of a few months, if not weeks or days, so nothing is permanent or constant...

As to me, the only rational choice in such circumstances is to become a sort of opportunist investor

And you are suggesting investing long term in Bitcoin that has only existed for 5 years?

In fact, I'm suggesting quite the opposite. Namely, not to harbor any illusions about long-term success of anything. This shouldn't be misconstrued as if nothing could ever achieve a long-term success, though. You just shouldn't be particularly infatuated, enticed or possessed by any idea (for example, Bitcoin or gold), so that when you clearly see that it is about to fail, you wouldn't have any doubts or pangs about throwing it away immediately...

That's what I call being an opportunistic investor

I would rather bet my retirement fund on gold than bitcoin.

I don't believe in retirement funds, funds are good only in case of contingency. You should (hope to) retire right to the graveyard, if ever

Humor is nice. But probably all agree with me that no one had never took away all his wealth to the next world. But if on the merits, it is possible to earn more money through bitcoin and just keep it to yourself or the next generation in the family, it is only with the help of gold. It's my opinion.

[jabaguru]

10 years is a very long time.
Gold only protects your investment against inflation
My recommendation is,
US dollar-based government bonds

Bitcoin used for  gambling - betting - entertainment - shopping etc..

Oh yes, that is right, we have here an specialist.
Gold is good to protected our money on long term, Dollar is a very stable currency, good one.
Bitcoins we don't know much yet on long time, because it's a new currency, all we have are promises and speculations. I'm still with the gold, looking for more opportunities with bitcoins.

[deisik]

I would rather bet my retirement fund on gold than bitcoin.

I don't believe in retirement funds, funds are good only in case of contingency. You should (hope to) retire right to the graveyard, if ever

Humor is nice. But probably all agree with me that no one had never took away all his wealth to the next world. But if on the merits, it is possible to earn more money through bitcoin and just keep it to yourself or the next generation in the family, it is only with the help of gold. It's my opinion.

Shrouds have no pockets

On the other hand, regarding passing your wealth to the next generation, there is an adage circulating among wealth advisors that says about the first generation making wealth, the second generation spending it, and the third generation blowing it. And there is a reason for it, this matter seems to have been investigated by some wealth consultancies, and it turns out that about 70% of wealthy families lose their wealth by the second generation and 90% by the third. C'est la vie...



The lesson to take home is that you should live your life like there is no tomorrow, and one day you'll be right

[groll]

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

As with everything, timing is the most important aspect. People usually have the impression that the longer you hold Gold, the higher your profits will be. That's not always the case. If you for example buy yourself a certain amount of Gold today, and hold it for 6 months, you can get like 15-20% in profits. But if you hold them for like 12 months, the profits that you could have had at month six, may vanish in the other six months. It's timing. I am now talking about Gold since this thread is related to it, but it can be anything.

I've probably said this close to a hundred times by now; the profits you receive from gold are not an addition on to your wealth. Gold just keeps pace with inflation and is a resource that a majority of people would like to have, that has a lot of value. Gold isn't really supposed to be a growth investment, and more like a value investment. Security of wealth.

The price of gold was also not fix, it goes up.and down depends on how much is the exchange rate of dollar. I think we must have both, gold and bitcoins. If we have gold, we can use it if we need money. Saving gold is also an investment, same with bitcoins. Wealth cannot be measured by how many gold or bitcoins do you have, but both can make you rich.

[hurain]

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

yes it is a fact that gold is too stable than bitcoin but it is also a fact that holding Gold cannot make a good profit, as compare to bitcoin. therefor to me if you really want to make money in short period then you should invest your money bitcoin.

[usefrees]

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

yes it is a fact that gold is too stable than bitcoin but it is also a fact that holding Gold cannot make a good profit, as compare to bitcoin. therefor to me if you really want to make money in short period then you should invest your money bitcoin.

I think so too. If you decide to invest in the long term, then choose gold, it is stable and there is less risk. But if you have the desire to get quick profit it is better to invest in Bitcoin. But be very careful, because investing in cryptocurrency very risky. You must have knowledge and experience

[seven4smoke]

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

yes it is a fact that gold is too stable than bitcoin but it is also a fact that holding Gold cannot make a good profit, as compare to bitcoin. therefor to me if you really want to make money in short period then you should invest your money bitcoin.

I think so too. If you decide to invest in the long term, then choose gold, it is stable and there is less risk. But if you have the desire to get quick profit it is better to invest in Bitcoin. But be very careful, because investing in cryptocurrency very risky. You must have knowledge and experience

So I was not the first time trying to prove that cryptocurrency this business for a certain circle of people. But when it refers to purchases by using bitcoin, all say that this is the future for all inhabitants of the planet, but when we speak about the earnings, it already has a limit. In any case, people will have to catch what it is.

[knyolku123]

Bitcoin or gold?

I think both of bitcoin and gold is the best investment, but for security issues, I think gold is better. besides that, if you want a quick profit, bitcoin is the answer which despite having a lot of risks.
Bitcoin have good potential investment.

[daniahya]

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

I think to make a profit on investing in gold, you have to be patient because this is not a short term investment. of course maybe you'll lose if you use short-term investments in gold

yes it is a fact that gold is too stable than bitcoin but it is also a fact that holding Gold cannot make a good profit, as compare to bitcoin. therefor to me if you really want to make money in short period then you should invest your money bitcoin.

bitcoin is indeed the right way to look for profits in a short time but if we have a lot of funds better both because I think gold is also good for the long term and merely bitcoin extra to cover daily needs

[MingLee]

Bitcoin or gold?

I think both of bitcoin and gold is the best investment, but for security issues, I think gold is better. besides that, if you want a quick profit, bitcoin is the answer which despite having a lot of risks.
Bitcoin have good potential investment.

Bitcoin and gold have their own respective "best case scenarios" for when they should be used as an investment. Gold is used when you're seeking to maintain value and keep your work value on par with inflation, while Bitcoin is a great growth investment and it is amazing for sending money internationally and so. There is no "end all be all" investment.

[Positid]

Bitcoin or gold?

I think both of bitcoin and gold is the best investment, but for security issues, I think gold is better. besides that, if you want a quick profit, bitcoin is the answer which despite having a lot of risks.
Bitcoin have good potential investment.

Bitcoin and gold have their own respective "best case scenarios" for when they should be used as an investment. Gold is used when you're seeking to maintain value and keep your work value on par with inflation, while Bitcoin is a great growth investment and it is amazing for sending money internationally and so. There is no "end all be all" investment.

The positive future is always with gold because it's more stable but though investors knew that already they still want to take risk. Before, early investors are making good money because the price grow substantially and if they were able to hold now they are more profitable than investing with gold.