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Author Topic: Bitcoin or gold?  (Read 984412 times)
Natsuu
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October 16, 2017, 07:13:34 AM
 #9321

I think gold is still the safest investment. But the movement of gold values is very slow, if you dare to take risks, bitcoin is the main choice, because the movement of bitcoin value is more drastic than gold. So you can get a lot of profits from bitcoin, but you can also lose so much from bitcoin.
It's the safest and no question about that but for investors who does not have enough money to risk they will look for a better investment
that could increase their money in an instant and I think only bitcoin can do that, in just one year we already witness a significant increase.
Gold is no doubt a very safe way of keeping your money but it cannot help you in multiplying your money. The price of gold is very much stable and it will hardly add anything in your account. So you need to go for bitcoin if you want to multiply your income. Bitcoin is far more profitable than that of gold. You should invest in bitcoin for better tomorrow.

I agree that bitcoin already surpasses gold as a reserved asset. As bitcoin always increases in value, like this year bitcoin price just hit 70% of its price since the first quarter of the year and gold doesn't give you that. No wonder many people are choosing bitcoin over gold even though gold is tangible. And holding gold requires you a lot to make it safe and secured as this is a hot item.

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October 16, 2017, 07:46:56 AM
 #9322

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 change all my wealth then I would turn some into bitcoin and some into gold, in 10 years gold would rise and bitcoin if seen from history also increase but in bitcoin unpredictable then I do not want to risk by investing all for bitcoin

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October 16, 2017, 07:58:48 AM
 #9323

I think gold is still the safest investment. But the movement of gold values is very slow, if you dare to take risks, bitcoin is the main choice, because the movement of bitcoin value is more drastic than gold. So you can get a lot of profits from bitcoin, but you can also lose so much from bitcoin.
It's the safest and no question about that but for investors who does not have enough money to risk they will look for a better investment
that could increase their money in an instant and I think only bitcoin can do that, in just one year we already witness a significant increase.
Gold is no doubt a very safe way of keeping your money but it cannot help you in multiplying your money. The price of gold is very much stable and it will hardly add anything in your account. So you need to go for bitcoin if you want to multiply your income. Bitcoin is far more profitable than that of gold. You should invest in bitcoin for better tomorrow.

I agree that bitcoin already surpasses gold as a reserved asset. As bitcoin always increases in value, like this year bitcoin price just hit 70% of its price since the first quarter of the year and gold doesn't give you that. No wonder many people are choosing bitcoin over gold even though gold is tangible. And holding gold requires you a lot to make it safe and secured as this is a hot item.

People are opting to invest on bitcoin right now because of it's potential, very small percentage of the world's population is using the for now but it's price is already on that amount. Imagine if most of the people are already using it. And aside from that bitcoin has a maximum number of supply unlike gold no one knows if how many tons of it can still be mined.
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October 16, 2017, 07:59:55 AM
 #9324

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 change all my wealth then I would turn some into bitcoin and some into gold, in 10 years gold would rise and bitcoin if seen from history also increase but in bitcoin unpredictable then I do not want to risk by investing all for bitcoin

bitcoin is really risky but the rewards far outweigh the risk if we come to take a closer look at it. However, gold is also one of the best investment even up to these days - because like bitcoin, their number is really limited and that what makes it valuable compared to fiat money where it can be reproduced multiple times and having inlation.
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October 16, 2017, 08:43:09 AM
 #9325

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 people all know the future so now I don't think bitcoin can hot likee today Smiley
None of us know what's next tomorrow. If not why people FEAR today but FOMO tomorrow and certainly it make them loosse
The supremacy of bitcoin cannot be overlooked with the huge value it holds and the benefits it brings with it which is why people believe it would create a lot of changes and make things easy. The power it has being an asset, payment method, decentralized and so on and so forth, is even making gold investors shift most of their attention now on the disruptive asset.
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October 16, 2017, 10:15:18 AM
 #9326

For now bitcoin is certainly better than gold, this is because the rise in bitcoin prices very rapidly in a short time so it makes me prefer to put money into bitcoin than gold or others investment.
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October 16, 2017, 11:37:14 AM
 #9327

If I want to convert my wealth I prefer both. I buy gold as asset but it will be 30% from my wealth. Rest will be Bitcoin so far so good Bitcoin performance. If something goes wrong I should not panic myself in selling and to support that point I kept need back up so the Gold will do that job.

Whatever situation come if we have two options always safe for us.

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October 16, 2017, 12:00:38 PM
 #9328

I always prefer to have options to support each other so any thing goes wrong one will help another. So I like to have Bitcoin & Gold both.

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October 16, 2017, 12:19:54 PM
 #9329

I'm not a big fan of investing in gold, as I prefer stocks or bonds. However, if I had to chose between them or create a portfolio consisting of just bitcoin and gold I'd probably make it about 70/30 with gold being 70. This is due to the enourmous fluctuations in bitcoin value, and the fact that it can decrease in value just as fast as it has risen.

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October 16, 2017, 12:44:39 PM
 #9330

I'm not a big fan of investing in gold, as I prefer stocks or bonds. However, if I had to chose between them or create a portfolio consisting of just bitcoin and gold I'd probably make it about 70/30 with gold being 70. This is due to the enourmous fluctuations in bitcoin value, and the fact that it can decrease in value just as fast as it has risen.


There's no question to the savy value of gold for it has proven itself for numbers of years now. However it's not easy to earn or invest in gold industry.Only people with enough wealth and capabilities can afford to have one.Unlike bitcoins,you can earn money even without spending a single peso or dollar.Just join a signature campaign and money will follow in lesser stress or effort the way you could earn it through gold.So for me, I'd rather choose bitcoins for it's easier for ordinary citizen like me.
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October 16, 2017, 02:34:15 PM
 #9331

Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.

I agree with you. I go with the gold.. yes bitcoin is surviving but i don't wanna risk my money gold has been surviving eversince so i go with gold.
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October 16, 2017, 02:50:32 PM
 #9332

I'd choose BTC. But i don't mind taking risks, so that's something you have to consider too. Gold will definitely keep it's value in comparison to BTC, but definitely won't appreaciate nearly as much. If you believe blockchain is the future, you should be fairly confident that BTC will have a good run. If you are older and are afraid your life savings will vanish.. you might be better by investing into gold - it all comes downt to your risk level, are you risk appetite, risk neutral or risk averse
AjithBtc
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October 16, 2017, 03:08:12 PM
 #9333

For now bitcoin is certainly better than gold, this is because the rise in bitcoin prices very rapidly in a short time so it makes me prefer to put money into bitcoin than gold or others investment.
Bitcoin is all about the sustained growth. With bitcoin all we experience is the profiting, which one cannot get it anywhere else. The growth that has happened compared to the past year is very big. Also this year only bitcoin surpassed the value of gold. Both got their own credibility and further on beneficiary aspect users individually need to pick.

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October 16, 2017, 03:13:56 PM
 #9334

Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.

I agree with you. I go with the gold.. yes bitcoin is surviving but i don't wanna risk my money gold has been surviving eversince so i go with gold.

Gold has been here on earth and circulation for centuries now.  Yes bitcoin is surviving and it even proves that it is the big thing.  It surpasses the value of gold and other commodities which is like decades ago.  Try to invest in bitcoin, risk some that you are willing to lose.  But the greater the risk, the greater the income.
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October 16, 2017, 03:50:44 PM
 #9335

Gold and bitcoin are two very popular investments for now, everyone knows and accepts gold so they do not hesitate to invest as much as possible, while bitcoin is an investment that promises wealth, and right now I'm going to select bitcoin.
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October 16, 2017, 03:59:39 PM
 #9336

I bought 2 years ago a significant amount of silver and gold to diversify my BTC/crypto portfolio - that was a mistake. That's from me ;-)
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October 16, 2017, 04:00:27 PM
 #9337

Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.

I agree with you. I go with the gold.. yes bitcoin is surviving but i don't wanna risk my money gold has been surviving eversince so i go with gold.

Gold has been here on earth and circulation for centuries now.  Yes bitcoin is surviving and it even proves that it is the big thing.  It surpasses the value of gold and other commodities which is like decades ago.  Try to invest in bitcoin, risk some that you are willing to lose.  But the greater the risk, the greater the income.
High risk and high profits an interesting point of Bitcoin.
Most people are like something has gambling nature and when they can make some handsome benefits through it, they will like to try more times.
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October 16, 2017, 04:16:29 PM
 #9338

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.



In my own point of view i will choose bitcoin because bitcoin keeps on inceasing and here in this site you can earn a lot of bitcoin to made you rich if you will just keep on working and save all your earnings for your future
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October 16, 2017, 05:11:40 PM
 #9339

What is gold besides something that can be used for exchange into fiat or handle some potencial economic problem, bitcoin has the same option as gold, just isnt legalized neither recognized yet by the most countries. Bitcoin is already a store of value, and anybody wich invest into it had already see its potencial to loose as well gain value very fast, bitcoin does represents freedom, plenty control over your money.
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October 16, 2017, 05:32:43 PM
 #9340

Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.

I agree with you. I go with the gold.. yes bitcoin is surviving but i don't wanna risk my money gold has been surviving eversince so i go with gold.

Gold has been here on earth and circulation for centuries now.  Yes bitcoin is surviving and it even proves that it is the big thing.  It surpasses the value of gold and other commodities which is like decades ago.  Try to invest in bitcoin, risk some that you are willing to lose.  But the greater the risk, the greater the income.
High risk and high profits an interesting point of Bitcoin.
Most people are like something has gambling nature and when they can make some handsome benefits through it, they will like to try more times.
Exactly, although they believe bitcoin prices will go up but I'm sure no one is sure bitcoin prices can be as high as this time because some bitcoin miliaders have been selling bitcoin long before bitcoin prices touched $ 4000.

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