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Author Topic: Bitcoin or gold?  (Read 984457 times)
mirakal
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July 24, 2016, 11:37:24 AM
 #4541

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

Your comment has made me think twice. Gold is much more solid than bitcoins since gold has a physical attribute. Even if the price is low the gold is there and there is a guarantee that you will not cease to exist
 So I am proposing that we should buy physical gold and not virtual gold in the trade market.
Both are good as an investment and both them have their own benefits so I think we should not choose any single product but should go with both of them.
Yeah but the problem there is difference price movement speed.. i will choose bitcoin is the best choice if you really want to earn in few days or months.. unlike gold you need to hold it for a years before you can make a profit with it.

But the fact is gold guarantees you success in long run and you will never go from loss if you hold it for a very long term so its better to  invest in gold to get safe returns.
There is no question about that but the only question is how much can you invest with gold to make you rich in the future, we know that gold needs a decent investment to make money and if you don't have the amount right now you still cannot invest with gold.

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July 25, 2016, 03:18:23 PM
 #4542

I have both good, bitcoin and Ethereum. I save gold and do not use it. I save most of the bitcoin and use some.
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July 25, 2016, 05:21:27 PM
 #4543

This is according to some charts:

Gold 30 days - UP 4.35%
Gold 6 months - UP 20.59%

That's not bad at all if you ask me.

Silver isn't the main subject of this thread, but here the silver movements just to compare:

Silver 30 days - UP 13.59%
Silver 6 months - UP 39.98%

Silver usually follows gold (unless being manipulated in "solo" mode) while gold itself has strong negative correlation with USDX. Now when USDX seems to be on the rise, we could expect gold to decline somewhat in value...

Provided the US dollar continues its rally, of course (which is mostly due to Brexit and the hype thereof)

Its kinda interesting to know this but Does anyone hold those power to manipulate silver? as far as I know there is no one or a group that could manipulate silver as of now, it needs a whole country against another country if someone wants silver to be manipulated which in this case is not possible at all .
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July 25, 2016, 05:29:54 PM
 #4544

I have both good, bitcoin and Ethereum. I save gold and do not use it. I save most of the bitcoin and use some.
Well, the downside of gold is very difficult to find a business that can make gold becomes more, so the only good way is to store them in a long time. but, bitcoin has had advantages in gold, even those not owned gold. will be very easy to make if you have a bitcoin bitcoin, be it in small quantities and in large numbers. perhaps it would be better to have both, but if the choice is only between bitcoin and gold, choose bitcoin, because it's better
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July 25, 2016, 05:52:16 PM
 #4545

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.
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July 25, 2016, 06:11:32 PM
 #4546

Silver usually follows gold (unless being manipulated in "solo" mode) while gold itself has strong negative correlation with USDX. Now when USDX seems to be on the rise, we could expect gold to decline somewhat in value...

Provided the US dollar continues its rally, of course (which is mostly due to Brexit and the hype thereof)

Its kinda interesting to know this but Does anyone hold those power to manipulate silver? as far as I know there is no one or a group that could manipulate silver as of now, it needs a whole country against another country if someone wants silver to be manipulated which in this case is not possible at all .

I don't know about right now, but if we look at the chart below the similarity between 1980 and 2011 is stunning. For inquiring minds, I have to remark that in 1979-80 the Hunt brothers tried to corner the silver market...



A quote seems appropriate in respect to your question if anyone has enough power (money) to manipulate silver (emphasis added)

Quote
The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments). The situation for other prospective purchasers of silver was so dire that the jeweller Tiffany's took out a full page ad in The New York Times, condemning the Hunt Brothers and stating "We think it is unconscionable for anyone to hoard several billion, yes billion, dollars' worth of silver and thus drive the price up so high that others must pay artificially high prices for articles made of silver"

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July 25, 2016, 06:35:40 PM
 #4547

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.
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July 25, 2016, 06:42:05 PM
 #4548

Bitcoin, because it's easier to trade, store and protect.
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July 25, 2016, 07:30:30 PM
 #4549

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.

That's true gold is safer in compare bitcoins and people have more faith in gold as they are using it since long time and they can earn good profits from it if they hold for long term.
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July 25, 2016, 07:40:29 PM
 #4550

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.

That's true gold is safer in compare bitcoins and people have more faith in gold as they are using it since long time and they can earn good profits from it if they hold for long term.

For a lot people Gold is being seen as a safe bet. That's the advantage of Gold over Bitcoin. But I am quite sure that it will change in the coming years as the world is more and more becoming a digital place.
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July 25, 2016, 07:40:55 PM
 #4551

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

Your comment has made me think twice. Gold is much more solid than bitcoins since gold has a physical attribute. Even if the price is low the gold is there and there is a guarantee that you will not cease to exist
 So I am proposing that we should buy physical gold and not virtual gold in the trade market.
Both are good as an investment and both them have their own benefits so I think we should not choose any single product but should go with both of them.
Yeah but the problem there is difference price movement speed.. i will choose bitcoin is the best choice if you really want to earn in few days or months.. unlike gold you need to hold it for a years before you can make a profit with it.

It also depends on what kind of profits you are expecting, but you definitely don't need to hold it for years in order to make profit. Gold is also experiencing quite some volatility from time to time.

This is according to some charts:

Gold 30 days - UP 4.35%
Gold 6 months - UP 20.59%

That's not bad at all if you ask me.

Silver isn't the main subject of this thread, but here the silver movements just to compare:

Silver 30 days - UP 13.59%
Silver 6 months - UP 39.98%

But it does not occur each time , it happens by luck, and also the percentage of earning is still much lower for earning bigger with that percent one should have to buy big piles of gold which is only affordable by rich people.
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July 25, 2016, 08:24:29 PM
 #4552

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.

That's true gold is safer in compare bitcoins and people have more faith in gold as they are using it since long time and they can earn good profits from it if they hold for long term.

For a lot people Gold is being seen as a safe bet. That's the advantage of Gold over Bitcoin. But I am quite sure that it will change in the coming years as the world is more and more becoming a digital place.

Gold is the safe bet, and in my book, I would rather take 1M in gold then 1M in bitcoin.
Most of us here would take 1M in gold, since they know the price is stable and they now the value is worth more then 99% of mankind.
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July 25, 2016, 10:50:41 PM
 #4553

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.

That's true gold is safer in compare bitcoins and people have more faith in gold as they are using it since long time and they can earn good profits from it if they hold for long term.

For a lot people Gold is being seen as a safe bet. That's the advantage of Gold over Bitcoin. But I am quite sure that it will change in the coming years as the world is more and more becoming a digital place.

Gold is the safe bet, and in my book, I would rather take 1M in gold then 1M in bitcoin.
Most of us here would take 1M in gold, since they know the price is stable and they now the value is worth more then 99% of mankind.

I personally would take the $1M in Bitcoin as it has much more room for future growth than Gold has. I would just hold it for a few years and sell some coins every year to take profits and to get back the initial investment amount. After I got my invested money back I will hold the other coins for a very long time as I believe in Bitcoin.
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July 25, 2016, 11:34:00 PM
 #4554

I will hold both gold and the bitcoin. I will hold them with ratio of 2:8 in favour of bitcoin as it will rise in value faster.

It is better to diversify the investments in different products. But for me I choose Gold over bitcoin as Gold have many satisfied customers who have invested in the past and have earned good profits too. So I would choose to invest in Gold rather then bitcoins.

That's true gold is safer in compare bitcoins and people have more faith in gold as they are using it since long time and they can earn good profits from it if they hold for long term.

For a lot people Gold is being seen as a safe bet. That's the advantage of Gold over Bitcoin. But I am quite sure that it will change in the coming years as the world is more and more becoming a digital place.

Gold is the safe bet, and in my book, I would rather take 1M in gold then 1M in bitcoin.
Most of us here would take 1M in gold, since they know the price is stable and they now the value is worth more then 99% of mankind.

I personally would take the $1M in Bitcoin as it has much more room for future growth than Gold has. I would just hold it for a few years and sell some coins every year to take profits and to get back the initial investment amount. After I got my invested money back I will hold the other coins for a very long time as I believe in Bitcoin.
In our time , we can not be trusted nor anyone or anything. Personally, even in himself , from time to vremyani doubt . And you say Bitcoin . Money should work . But they should bring tangible profits . Let not the here and now . But tomorrow , I have to get dividends .
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July 26, 2016, 12:35:39 AM
 #4555

Bitcoin, because it's easier to trade, store and protect.


Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading.

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July 26, 2016, 02:01:25 AM
 #4556

Both of them are good to invesft so i choose two because gold is valiable and good to invest it in gold . Bitcoin is also nice to keep like gold the value of these two is good so nothing i reject both of them because they give you alot of profit in th near future. Gold and bitcoin thesame good value the price is rising.
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July 26, 2016, 02:12:18 AM
 #4557

Bitcoin, because it's easier to trade, store and protect.

Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading.
Bottom line is we can trade bitcoins anytime we want unlike gold that you need to store it for a longer period of time to make profit on it and besides if you have your bitcoins in your wallet you can easily cash out in times of emergency.

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July 26, 2016, 02:39:34 AM
 #4558

Bitcoin, because it's easier to trade, store and protect.

Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading.
Bottom line is we can trade bitcoins anytime we want unlike gold that you need to store it for a longer period of time to make profit on it and besides if you have your bitcoins in your wallet you can easily cash out in times of emergency.

Yes that's  the goodness of using bitcoin for trading. We can just trade anytime we want. But with gold we need to find first those people who are going to be interested to trade with their bitcoins. But there are certain characteristics that gold has. One of it, is that as the time goes by its price is just continuous increasing and it doesn't fall.

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July 26, 2016, 03:27:25 AM
 #4559

Bitcoin, because it's easier to trade, store and protect.

Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading.
Bottom line is we can trade bitcoins anytime we want unlike gold that you need to store it for a longer period of time to make profit on it and besides if you have your bitcoins in your wallet you can easily cash out in times of emergency.

Yes that's  the goodness of using bitcoin for trading. We can just trade anytime we want. But with gold we need to find first those people who are going to be interested to trade with their bitcoins. But there are certain characteristics that gold has. One of it, is that as the time goes by its price is just continuous increasing and it doesn't fall.
Gold is always good investment if you have enough money to invest but you do not need more money to invest in bitcoin it is very affordable and easy to earn by using trading method that is the advantage of bitcoin in gold.
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July 26, 2016, 03:38:06 AM
 #4560

Bitcoin, because it's easier to trade, store and protect.

Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading.
Bottom line is we can trade bitcoins anytime we want unlike gold that you need to store it for a longer period of time to make profit on it and besides if you have your bitcoins in your wallet you can easily cash out in times of emergency.

Yes that's  the goodness of using bitcoin for trading. We can just trade anytime we want. But with gold we need to find first those people who are going to be interested to trade with their bitcoins. But there are certain characteristics that gold has. One of it, is that as the time goes by its price is just continuous increasing and it doesn't fall.
Gold is always good investment if you have enough money to invest but you do not need more money to invest in bitcoin it is very affordable and easy to earn by using trading method that is the advantage of bitcoin in gold.
I choose only bitcoin because this is only what i afford and i only invest here is my excess on my salary and also a time, Gold is great but little people like me can not afford to buy gold or to invest in gold.
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