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Author Topic: Bitcoin or gold?  (Read 984457 times)
Mastsetad
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October 17, 2016, 05:08:28 PM
 #5641

I would say Bitcoin for now. Simply because it haven't reach it's mature stage yet unlike gold. You might be able to earn a lot more in Bitcoin until it gets more mature.

But the risk is greater with Bitcoin. It can get worthless if some new bug or a better altcoin is discovered. There is no such risk associated with gold. It will remain as a valuable asset.

And that is the only thing that makes them different from each other which is bitcoin is more risky compared to gold as gold wont drop its price as much as bitcoin does sometimes while bitcoin is more profitable than gold as it grows earlier than gold in price, that is what makes them different from each other, otherwise both of them are good.
Hoor
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October 17, 2016, 05:41:42 PM
 #5642

to me the only option is bitcoin and not gold. bitcoin is really a potential crypto currency of the wold and its price can increase to such a high level therefore i will select bitcoin and not gold.
MONKEYJUNK
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October 17, 2016, 06:18:10 PM
 #5643

I would say Bitcoin for now. Simply because it haven't reach it's mature stage yet unlike gold. You might be able to earn a lot more in Bitcoin until it gets more mature.

But the risk is greater with Bitcoin. It can get worthless if some new bug or a better altcoin is discovered. There is no such risk associated with gold. It will remain as a valuable asset.

And that is the only thing that makes them different from each other which is bitcoin is more risky compared to gold as gold wont drop its price as much as bitcoin does sometimes while bitcoin is more profitable than gold as it grows earlier than gold in price, that is what makes them different from each other, otherwise both of them are good.

You know why gold price don't drop, right? Government have a stock of a lot of bars of gold.

Don't you think is a big risky trust in governments?
Whosdaddy
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October 17, 2016, 07:56:35 PM
 #5644

iam choose bitcoin is short investment
in day trading bitcoin still the best grow my money
For short term bitcoin its very good option I like this also but for long term we have to do some work and investing just in one is not good idea we need to manage and invest in two or three places for safety of our money
Yes, bitcoin would be good for both short term and long term whereas gold may be profitable only in long term like decades of holding. The growth potential of bitcoin is really unbelievable as the adoption rate keeps on increasing everyday.

But, gold is really losing its shining slowly as people are looking for other types of investments with the reason of saving gold is always a big challenge.
Vhern
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October 17, 2016, 07:59:17 PM
 #5645

iam choose bitcoin is short investment
in day trading bitcoin still the best grow my money
For short term bitcoin its very good option I like this also but for long term we have to do some work and investing just in one is not good idea we need to manage and invest in two or three places for safety of our money
Yes, bitcoin would be good for both short term and long term whereas gold may be profitable only in long term like decades of holding. The growth potential of bitcoin is really unbelievable as the adoption rate keeps on increasing everyday.

But, gold is really losing its shining slowly as people are looking for other types of investments with the reason of saving gold is always a big challenge.

Bitcoin too is losing the shining Wink
In my opnion, in the future, ETH or ETC will take the first place of the cryptos, just wait for it!
markj113
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October 17, 2016, 08:03:01 PM
 #5646

Yes, bitcoin would be good for both short term and long term whereas gold may be profitable only in long term like decades of holding. The growth potential of bitcoin is really unbelievable as the adoption rate keeps on increasing everyday.

But, gold is really losing its shining slowly as people are looking for other types of investments with the reason of saving gold is always a big challenge.

I am seeing the opposite in bitcoin, all I see is stagnation and not mainstream adoption.

Gold loosing its shine?  Dont think so :

20kevin20
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October 17, 2016, 08:05:46 PM
 #5647

to me the only option is bitcoin and not gold. bitcoin is really a potential crypto currency of the wold and its price can increase to such a high level therefore i will select bitcoin and not gold.

Gold has better, higher chances to rise before Bitcoin does because of its rarity. Yes, Bitcoin will be rare too someday (when over 17-18 million BTC will be mined), but it's just virtual. Gold, instead.. It will be forever available.
Jonar21
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October 18, 2016, 05:15:44 PM
 #5648

Gold always has been exchanged since ancient times. I think that bitcoin and gold occupy every niche and will be in demand for a long time.
BitsandBites
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October 19, 2016, 02:13:18 AM
 #5649

I prefer bitcoin above gold because its nice to use and its also better on more terms, you can more things with it too and you can even use it globally as a pay method with gold this is a lot more difficult.
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October 19, 2016, 02:38:10 AM
 #5650

I would choose both, but would invest more on bitcoin than on gold. Bitcoin has a lot of upside in terms of it being an speculative investment. Gold carries with the stability and high value that can be exchanged and accepted everywhere as a valuable commodity. Bitcoin will become rare someday when there's no more that can be mined, but I won't get to live that long to even witness it.
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October 19, 2016, 03:12:03 AM
 #5651

I would choose both, but would invest more on bitcoin than on gold. Bitcoin has a lot of upside in terms of it being an speculative investment. Gold carries with the stability and high value that can be exchanged and accepted everywhere as a valuable commodity. Bitcoin will become rare someday when there's no more that can be mined, but I won't get to live that long to even witness it.
Having an average financial status in life will not allow us to invest with gold but with bitcoin that is more fit for us because we want to make faster money with a little amount of investment and bitcoin can do that for us since we are in the early phase and more room to grow for bitcoins in the future.
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October 19, 2016, 03:14:29 AM
 #5652

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

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October 19, 2016, 04:35:03 AM
 #5653

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

ehh.. my friend.. i don't know how to tell you how big mistake you do!
You never can put your investment in one place! You always have to split that! Always is good to find 4 - 5 investments where your mone can be safe! Investing in one or two positions is like gambling. To keep your money safe you always have to look for at least 5 good positions to invest. You must think about that at least one of them will bring losses.
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October 19, 2016, 04:58:26 AM
 #5654

A financial advisor would tell you neither  Grin. However,  diversification would help minimize any risk.
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October 19, 2016, 05:14:49 AM
 #5655

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

ehh.. my friend.. i don't know how to tell you how big mistake you do!
You never can put your investment in one place! You always have to split that! Always is good to find 4 - 5 investments where your mone can be safe! Investing in one or two positions is like gambling. To keep your money safe you always have to look for at least 5 good positions to invest. You must think about that at least one of them will bring losses.
That's right we need to learn how to diversify our investment and do not just put in one basket, that is too risky. If we choose gold although it is very safe as an investment but that would not give us good profit due to slow growth, but with bitcoin we can make profit in a short period of time.

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sunsilk
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October 19, 2016, 05:20:18 AM
 #5656

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

Gold is really a good type of investment but for me. Since I am in bitcoin, I would say that the best investment would bitcoin and it is already a good currency.

And it has a lot of services that you can enjoy like using it as the real currency in your life and it is a very good payment processor.

If you have love ones in other country.

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October 19, 2016, 05:54:39 AM
 #5657

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

Gold is really a good type of investment but for me. Since I am in bitcoin, I would say that the best investment would bitcoin and it is already a good currency.

And it has a lot of services that you can enjoy like using it as the real currency in your life and it is a very good payment processor.

If you have love ones in other country.
If you will analyze carefully, gold might be valuable now but bitcoin is more valuable although we have not seen yet in its price today. The fact that bitcoin is design to give its users and adopters the benefits of using bitcoin to transact online it could already help people make good savings if they will just adopt with bitcoins, and for that makes it more value since it is useful in our daily lives.

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October 19, 2016, 07:55:07 AM
 #5658

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

Gold is really a good type of investment but for me. Since I am in bitcoin, I would say that the best investment would bitcoin and it is already a good currency.

And it has a lot of services that you can enjoy like using it as the real currency in your life and it is a very good payment processor.

If you have love ones in other country.
If you will analyze carefully, gold might be valuable now but bitcoin is more valuable although we have not seen yet in its price today. The fact that bitcoin is design to give its users and adopters the benefits of using bitcoin to transact online it could already help people make good savings if they will just adopt with bitcoins, and for that makes it more value since it is useful in our daily lives.

The bitcoin will be more valuable than the bitcoin as it has limited supply and the amount will be lost in the long term.
Alauria
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October 19, 2016, 07:57:00 AM
 #5659

This all depends about waht you mean youy know there are so many peopel who are using bitcoins for investments but there are people who invest into
thghe gold because the gold will hold his value for sure!
JumperX
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October 19, 2016, 07:57:49 AM
 #5660

gold is a good option for me if i have more money but for now i only have bitcoin so i will stick with bitcoin. maybe i will collect more money first to buy gold as my second investment.

Gold is really a good type of investment but for me. Since I am in bitcoin, I would say that the best investment would bitcoin and it is already a good currency.

And it has a lot of services that you can enjoy like using it as the real currency in your life and it is a very good payment processor.

If you have love ones in other country.
If you will analyze carefully, gold might be valuable now but bitcoin is more valuable although we have not seen yet in its price today. The fact that bitcoin is design to give its users and adopters the benefits of using bitcoin to transact online it could already help people make good savings if they will just adopt with bitcoins, and for that makes it more value since it is useful in our daily lives.

Gold is good as an investment but you cannot do much with it like you can do with bitcoin as bitcoin can be used for money transfers and also for shopping and the best thing is that you can also earn it.
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