Bitcoin or gold?

[yndye]

Still Gold, even though i love bitcoin, i must be true to myself, Gold is there for almost a decade or century, it is also standardized and globally accepted, whether the price of bitcoin dominates the price of gold, we cannot just put aside the fact that the gold is globally accepted and also standardized which bitcoin has yet to achieve.

I would choose 75% of bitcoin and 25% of gold. As what they say, don't put your eggs in one basket so I would diversify it. Bitcoin has thrice the value of gold and the positive expectations of the analysts made me more convinced to invest on it cause in times of economic uncertainties like nowadays, bitcoin has risen in value cause people are choosing it over precious metals that has been the number option before. Gold on the other hand has advantages over bitcoin cause it is widely known and has been existing since time immemorial so I would not have a problem in case I wanted to buy something and pay it in gold since people knew it whereas bitcoin is not yet that known.

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[Wingo]

Bitcoin of course, the price volatility is useful for getting an easy profit than gold which needs a longer time to gain a profit after investing.

[osmo]

if I am in order to choose then I will choose both. I will choose bitcoin and gold, for now I do use bitcoin as my main investment but the result I save in gold, but my long term plan

[glowing10]

My question. Now is it too late to buy bitcoin? I've been thinking of buying btc from gold. But seeing the high price makes me rethink to buy

Considering the history of Bitcoin nothing is wrong time ideally for purchasing it . Also future seems to bright as many countries looking to leaglized the coin and this may boost the deannd much higher . Price would certainly be taking a high in coming time and you can book profits from the rise .

Also currently there is a little correction has happened so it's a buying opportunity at present .

[mornabo]

I'll go for gold because the risk of failure is high in bitcoin rather than gold. Bitcoin is making a good outcome this year but it doesn't mean it will remain that way years from now, it's unpredictable we all know, unlike gold which has been in the market for a longest time, it has prove something which we should consider before investing

For you choosing gold above bitcoin , I guess you don't have the right to be here because you don't believe could change the world. Thought, bitcoin is volatile and that's what make most people rich through it.

I think the views and tastes of each person are different is why there is a difference of opinion why people choose gold because it is safer and why people prefer bitcoin because it is more profitable because fluctuate. I think gold and bitcoin are a good investment you can use both

[Pasabm]

I prefer gold, because it's existence is longer than bitcoin, it's recognized worldwide and the price is stable. While bitcoin is just a virtual currency that costs erratically.

[julzcoinbit]

I'll go for gold because the risk of failure is high in bitcoin rather than gold. Bitcoin is making a good outcome this year but it doesn't mean it will remain that way years from now, it's unpredictable we all know, unlike gold which has been in the market for a longest time, it has prove something which we should consider before investing

For you choosing gold above bitcoin , I guess you don't have the right to be here because you don't believe could change the world. Thought, bitcoin is volatile and that's what make most people rich through it.

I think the views and tastes of each person are different is why there is a difference of opinion why people choose gold because it is safer and why people prefer bitcoin because it is more profitable because fluctuate. I think gold and bitcoin are a good investment you can use both

You can really use both. You can invest both if you want to. But if you were to ask me, I’ll still go for gold. Gold has stood the test of time and a medium of storing value.

Bitcoin’s time on the other hand, is just beginning. Blockchain is the future, and when you have an opportunity to buy the future and tuck it away, you should take it.

[Collider]

Investing only in bitcoins can be risky as no one knows what will happen to bitcoin in future so its better to diversify your money by investing in both of them to reduce the risk of loosing money in future as gold can give us stable profits and if bitcoin performs as per the expectations then it can give huge profits in quick time.

[Sled]

Investing only in bitcoins can be risky as no one knows what will happen to bitcoin in future so its better to diversify your money by investing in both of them to reduce the risk of loosing money in future as gold can give us stable profits and if bitcoin performs as per the expectations then it can give huge profits in quick time.

Investing to both gold and bitcoin is a great decision because it will help us to reduce the high risk of investing and it will balance our portfolio from having a volatile investment and also stable but a sure investment for both long term which is what we need in order to attain financial freedom at an earlier age than the retirement age.

[kemonojim]

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

of course, we can have both as our option. It is even ideal and recommended to invest in these 2 investment vehicles.. because the gold can take your investment to a very long term while bitcoin has potential of making your investment triple or multiple times in just a short period of time.

If you want to be safe in investment then you need to invest in both so you can balance both of them but if you want to take the high risk and go all in on bitcoin then it is a good option also even the risk is high, why? because if you will invest in bitcoin right now because this is one of the best chance to buy since there is a dip on the chart and if you will make it for long term then you are going to be a winner in investment in bitcoin because long term investment is not for gold only but also for bitcoin.

Well but it will be very much a hindrance in that, whether it's in person, or for anything else. If you want to be safe, and stay stable, then gold will get better, but if you want to look for big profits, but have little risk, then bitcoin will be the right choice. In essence both things have their own advantages.

Yup, indeed all these things have their own advantages and disadvantages. So that's all we can do and it all depends on how we want something, if indeed we want to get big profits in a shorter time then definitely bitcoin is the solution of all that and if we want the opposite of all that (wanting to get a profit but not too big or have long-term guaranteed period) then gold is the solution of the problem. So gold and bitcoin have different places, only we have plans.

[intoy]

Why I should choose if I can get both. But I think bitcoin more in the future is more high value. Than gold.

[8Habits]

Why I should choose if I can get both. But I think bitcoin more in the future is more high value. Than gold.

That is right intoy. And it is not even a question if you are a seasoned investor already because you will always go and diversify your investment to old and new technologies that are coming in. Gold is a good stable and for long term investing while bitcoin can give us good returns even in just a short period of time investing.

[Himanshu111]

I think you should invest in both as gold will provide stability to your investment and Bitcoin will provide higher rates of growth. This diversification will provide you with one of the best portfolios to reduce market risks.

[mia khalifa]

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 for the long term to tens of years then I will choose bitcoin, because the total supply bitcoin is limited and enthusiasts bitcoin more then the price per year will be more expensive, unlike gold, total gold supply is still very much and not limited.

[RogerCollins]

Both they are very good. But you can see now that the using of gold now is reducing and Bitcoin is rising. So you also know that gold will not exist in the future later, because the world is also becoming more digital. And if it become more digital than gold will be not useful. 

[Zoomber]

Gold has the support of governments that will do everything to prevent it from going below a certain price level, that's the good thing for people using Gold as store of value. Bitcoin doesn't have that. But for the average investor looking to hold Gold as an investment for a few years, the time of investing is crucial, just like Bitcoin. That's what I meant with 'Gold is also unpredictable'.

[xhienigat]

I believe that bitcoin price now is high compared to gold but if I will be chose between the two maybe I will have both of them but I will invest more in gold than to bitcoin because gold has been around for a long time already and bitcoin is just starting to show its potential and though bitcoin can be profitable since the price growth is so rapid I still prefer for something that is already established.

[Gheka]

Investing only in bitcoins can be risky as no one knows what will happen to bitcoin in future so its better to diversify your money by investing in both of them to reduce the risk of loosing money in future as gold can give us stable profits and if bitcoin performs as per the expectations then it can give huge profits in quick time.

Investing to both gold and bitcoin is a great decision because it will help us to reduce the high risk of investing and it will balance our portfolio from having a volatile investment and also stable but a sure investment for both long term which is what we need in order to attain financial freedom at an earlier age than the retirement age.

In my opinion, I think we should only invest in bitcoin, let's calculate a simple math, one year ago the price of bitcoin was about $ 450 and the price of gold was about $ 1200, now the price of bitcoin is about 4500 dollars and the price of gold is about 1335 dollars. Price of bitcoin increased about 10 times, the price of gold rose about 10%, needless to say we also know which one is better, the future of bitcoin is uncertain but in a short time, bitcoin is still better than gold, the profit of bitcoin is still much higher than gold.

[bangjoe]

There is one thing that still remains of my mind that bitcoin has not been legalized, I am afraid that if I collect many bitcoins from my hard work so far, and then the state forbids bitcoin it will automatically make my life destroyed, in which case I still keep the gold that has been have legal ownership documents.

[kpcian]

For me, Bitcoin is much damandable and profitable for nowadays. Price value of Bitcoin is increasing day by day at a satisfactory rate. In recent years it has added almost 4 times price value so that Bitcoin has been a Lucrative currency in order to make profit. So I prefer to Bitcoin rather than Gold.