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Author Topic: Bitcoin or gold?  (Read 984457 times)
sishendaoye
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September 26, 2016, 11:43:04 AM
 #5321

Bitcoin or gold is a difficult decision but since I am very invested into bitcoin I'll have to chose for bitcoin. Bitcoin gives me the chance to make alot of money and I can't seem to find that same thing in gold cause gold is too stable and not worth the investment if your looking for a return.
ice098
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September 26, 2016, 11:44:45 AM
 #5322

Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.

Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.

Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
that's definitely not the right answer if you just want to make your money growing and NOT losing it,probably because it'll be getting used for the future purpose and you just can't afford to lose it,in this condition taking risks is definitely not a wise choice at all

and taking risks makes you earn a lot more Cheesy I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk Cheesy
adi33
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September 26, 2016, 12:14:22 PM
 #5323

the price of gold with bitcoin bitcoin is as fast as the price goes up ?. did not he? gold rose progress is not as fast bitcoin


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co5hike
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September 26, 2016, 12:19:01 PM
 #5324

Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.

Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.

Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
that's definitely not the right answer if you just want to make your money growing and NOT losing it,probably because it'll be getting used for the future purpose and you just can't afford to lose it,in this condition taking risks is definitely not a wise choice at all

and taking risks makes you earn a lot more Cheesy I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk Cheesy

Are you sure that by holding them you will be making profits in future? What will you do if price falls to $100 in coming years? Will you still prefer to hold or sell them at loss?
dunfida
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September 26, 2016, 12:28:26 PM
 #5325

Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.

Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.

Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
that's definitely not the right answer if you just want to make your money growing and NOT losing it,probably because it'll be getting used for the future purpose and you just can't afford to lose it,in this condition taking risks is definitely not a wise choice at all

and taking risks makes you earn a lot more Cheesy I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk Cheesy

Are you sure that by holding them you will be making profits in future? What will you do if price falls to $100 in coming years? Will you still prefer to hold or sell them at loss?

Thats  why  holding  bitcoin would  be an investment and  any investment do have risk and as  investors we are already  aware on that. People do somehow have assurance for bitcoin on long terms  because  they  have  strong hopes and trust  in bitcoin  to increase its price in future well as you said  things may go in opposite way and thats the risk.

goinmerry
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September 26, 2016, 02:36:42 PM
 #5326

Bitcoin or gold is a difficult decision but since I am very invested into bitcoin I'll have to chose for bitcoin. Bitcoin gives me the chance to make alot of money and I can't seem to find that same thing in gold cause gold is too stable and not worth the investment if your looking for a return.

There are fake golds now so we made a better choice, there is risk at the same side but I would still pick the bitcoin side. There aer some paper works when you are holding a lot of gold and I dont want that. I would rather stay at being private.
enomin
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September 26, 2016, 02:42:03 PM
 #5327

I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
sobsitesearch
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September 26, 2016, 02:58:26 PM
 #5328

I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
You only look the advantage of bitcoin base on your statement, we need to choose both if we have enough money to invest both have own characteristics that will give to us great income.
randy8777
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September 26, 2016, 03:04:35 PM
 #5329

I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
You only look the advantage of bitcoin base on your statement, we need to choose both if we have enough money to invest both have own characteristics that will give to us great income.

gold is mostly preferred by traditional investors as it allows them to somewhat avoid dealing with the government. at least, that was the case. nowadays you can only buy gold with an id. the days where you can walk into a store and buy gold without any verification are over.
Mastsetad
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September 26, 2016, 03:19:56 PM
 #5330

Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.

Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.

People mostly do the same, though they know gold is more secure and trusted as it has been around for a long time now while bitcoin is really new in the world but they still choose bitcoin because they know gold is more stable while bitcoin can earn them good profits with day trading.
Altynbekova
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September 26, 2016, 03:24:06 PM
 #5331

I choose bitcoin cause bitcoin is what I'm invested in already anyways and it's kinda safe if you think about it there's alot of money in it so it can't just dissapear if it would show signs that it's going downhill very much then i'd be peacing out already anyways.
bamboylee
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September 26, 2016, 03:29:57 PM
 #5332

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.

gold can also be digital, but i agree gold can not be used like bitcoin and everything need to be as fast as possible today and gold isn't that fast like bitcoin, so definitely a plus for bitcoin

I consider that trading physical gold involves a high risk because it's dangerous in real life.
Bitcoin sometimes is more anonymous and this is another advantage of bitcoin comparing with gold.
no one trades physical gold, i think there are only shares traded online so it is really safe in my opinion

Only millionaires can buy gold bars and their's are safely keep in their vaults. For small timers, we just use trading platforms to get stocks of  gold.  What we have are just papers. It is safe as long as you are trading on a proper and safe venue. I think both gold and bitcoin have their advantages. So why not just get them both and enjoy the profit.
Digital_Lord
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September 26, 2016, 03:34:54 PM
 #5333

I chose gold over bitcoin if i have to translate my whole networth into either bitcoin or gold. Reason for this is I can't risk all of my money into bitcoin.
I like bitcoin alot but I only want to put safe percentages into it so that i stay financially stable.
well, you have a point. bitcoin price is not too stable. it is very volatile and non predictable. I like bitcoin very much but I like it only for using. sending receiving funds. earning free money and so on....

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Catmony
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September 26, 2016, 05:32:24 PM
 #5334

Hope over gold price rise is over for most of the techy people and all of them want to hold few bitcoins to get huge profit over few years when bitcoin will go mainstream. I also like to be one of them so grabbing bitcoin whatever i can on the cheap price it have right now.
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September 26, 2016, 06:02:21 PM
 #5335

Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
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September 26, 2016, 06:29:39 PM
 #5336

Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.

If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
Dora Doll
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September 26, 2016, 07:58:26 PM
 #5337

Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.

If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
but to me if you are investing in gold to become rich i think you are just wasting your time because gold price is so stable that there will be a very little ups and down in the price of gold to give you some profit, therefore i will like to suggest you to invest in bitcoin only, from where you can make a good  profit in a very very short period of time.
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September 26, 2016, 08:06:17 PM
 #5338

Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.

If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
its better to invest only in bitcoins and nothing else, because bitcoins can give you more profit
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September 26, 2016, 08:54:05 PM
 #5339

Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.

If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
its better to invest only in bitcoins and nothing else, because bitcoins can give you more profit

I think its better to diversify. BTC will give you more earnings, but it pays no dividend and its volatile. A balanced portfolio is better IMO, I'm planing to push BTC trading profits into index funds and high yielding shares. Gold can also be part of the portfolio - but only as a small percentage, and only bought when the price is low. Currently the price of gold is way too high. Gold, generally is high during periods of economic uncertainty and low during boom periods, so if you buy accordingly you can make very large profits and offset losses during economic instability. I plan to invest in gold - but not until I have enough assets elsewhere to make the investment worthwhile (and also will need to wait until the price is low)
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September 27, 2016, 12:06:45 AM
 #5340

You are talking about gold as it would be soo easy, sure financial problems people will try to protect their capital at gold, but the volatility it may have against what bitcoin can make on the same or shorter time is far away to gold be a good investment against bitcoin. At 2020 bitcoins should double, lets see what will happen with gold till there.
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