Bitcoin or gold?

[Betwrong]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

You are right and even six months ago it was a mistake to think that gold is better. The price of gold has raised by 20% in the last 12 months and the price of Bitcoin has raised by more than 100% in the same period of time.

Check out the charts below:

https://bitcoincharts.com/charts/bitstampUSD#rg360ztgSzm1g10zm2g25zv

https://www.bullionvault.com/gold-price-chart.do

[talkbitcoin]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

You are right and even six months ago it was a mistake to think that gold is better. The price of gold has raised by 20% in the last 12 months and the price of Bitcoin has raised by more than 100% in the same period of time.

Check out the charts below:

https://bitcoincharts.com/charts/bitstampUSD#rg360ztgSzm1g10zm2g25zv

https://www.bullionvault.com/gold-price-chart.do

actually it is wrong to say which one of these two are "better" because there are more things to consider which makes them both good for different tastes.

bitcoin is good because it has the potential of going up more than 100% in a year but at the same time you should not forget that it is still risky to invest in bitcoin.

gold is good because it has a bigger market and a more stable and most importantly more predictable market which makes it a less risky investment but this also means less profit.

[el kaka22]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

Although gold is more stable and safe for investment, but gold cannot give you a good profit as compare to bitcoin, as there is a lot of fluctuation in the price of bitcoin, so more chance is to give you good profit if the price goes up. Gold seems good for saving long term not competing with bitcoin while considering for good return investment purposes.

[Bitcoinsummoner]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

Although gold is more stable and safe for investment, but gold cannot give you a good profit as compare to bitcoin, as there is a lot of fluctuation in the price of bitcoin, so more chance is to give you good profit if the price goes up. Gold seems good for saving long term not competing with bitcoin while considering for good return investment purposes.

It depends if you are just buy few golds but for rich people they are making a large money in gold if they are invest millions of money that they can get the profitable interest every year.. but the problem it takes yearly to get the profit not the same profit that you can get in bitcoin.. because bitcoin is more fast movement of the price than gold..

[brutosBTC]

I guess bitcoin will be the good and best choice to choose, because I can see how bitcoin increases every month now and I can see also if after ten year the value of bitcoin is much bigger than gold. Like other people posted here, if we are going to look forward for the value of two which is bitcoin and gold, the gold will remain its value maybe will increase a little but not like the value of bitcoin because if we are going to make some study of the background of it, the bitcoin increasingly easily in just a couple of months and I guess in ten years time, its value will be and might be $100 thousand and more, we do not know.

[South Park]

I select for bitcoin, I already prove if the investment with the gold the profitable no more than 5% per year. For currently I always set aside money to buy bitcoin.

That is wrong. Check this:

https://www.nationallibertyalliance.org/sites/default/files/gold%20prices.pdf

Check the increase from 2005 to 2010. It is much more than 5%.... probably somewhere around 15% per annum.

Still not impressive for small investors, we small investor want at least 5% per month if possible and the good thing about bitcoin is this year was great, we have increase the price of bitcoin for more than a 100%, now you can compared the growth of two this year alone.

When growing your money there are two things you need to watch for, your capital and the rate of return, if 5% per year is too low for some then the answer is not always to try to look for higher rates of return, sometimes the answer needs to be I need to invest more capital.

I want to grow my money like a 100% per month but it's not happening in investing so I prefer to gamble. What I am trying to say is that, you will be satisfied with 5% rate growth if you have a bigger investment.

Well I'm pretty sure everyone will love a 100% per month, even Bill Gates will love that rate of return but most sites offering such rates are without a scam so its better to take less return on our investment  but with a lot less risk. 

[Shenzou]

I would rather chose bitcoin because as you said bitcoin has been only for 5 years and its price has been rising very quickly in comparison to the gold that has been around for as long as civilization so its a very common thing ,and the reason is that bitcoin may become a very precious thing in the future because of the people converting it into real money so its price is gonna get high

[jaysabi]

I think that no one will refuse from a pair of gold ingots? I'm right?
But not everyone has the money to buy this. That is the main reason that people choose Bitcoin. Gold for those who have a lot of extra money.

its not about having extra money ,bitcoin as an investment is quite easy as you could do that in the comfort of your home,you cannot buy gold as easily as you can purchase bitcoin and that is the main difference

The majority of gold "holdings" is in electronic contracts or derivatives, not physical gold. You could therefore buy gold just as easily as bitcoin. A brokerage account isn't any more difficult to set up than an account through coinbase, for example.

[hawkins]

the current bitcoin potential is really huge in making a profit, so now I prefer bitcoin than gold. Well, I was a very happy person in a profitable business in the short term, and the current bitcoin actually qualify for it. Well, gold is indeed very good, but I think gold is only suitable for long term investment

[Pujangga]

After I knowed bitcoin about 7 months ago, I was moved and sold some gold that my mine and took with bitcoin. I sure bitcoin is more profitable than gold.

[Doamader]

the current bitcoin potential is really huge in making a profit, so now I prefer bitcoin than gold. Well, I was a very happy person in a profitable business in the short term, and the current bitcoin actually qualify for it. Well, gold is indeed very good, but I think gold is only suitable for long term investment

I do agree with you bitcoin does have an huge potencial to grow, even knowing that gold is allowing to make some income as well, i do like bitcoin because we are able to get it doing some task, signatures, i doubt you can earn gold for doing task, its something gold cant do. Im a bitcoin believer and i do expect bitcoin to reach atleast 1000 dollars on the next 4 years.

[yayayo]

Let's look at the bright side. People that are good in sales talk would be able to convert their gold into cash and even put some interest in it. It's a matter of expertise if you ask me. There are people that are naturally good at sales talk and they can use that to their advantage to buy and sell gold. And actually, it's not that hard to find a buyer of gold because people know its worth and would always love to wear luxurious stuffs

Not all people are good in persuading other people to buy something. And why would you want to do that in the first place? It looks as if you were convincing people to buy something or into something that they don't actually need or feel interested in. In fact, you don't need to look for buyers if you want to sell your bitcoins...

You just sell them, and that's pretty much all

Both gold and Bitcoin are equally easy to sell for fiat trash money. You don't need sales talk for that. Both assets are highly fungible. Of course you can always try to get a small premium above the market rate if you are waiting long enough. Or you buy/sell it from/to people, who aren't familiar with the current market price (tends to be easier with gold) - but that's work. You don't really need to do that, because both assets are a good store of value that protects you against the lunacy of central banks.

Actually, if you have to persuade people to buy your assets indicates that they are in low demand. I never had to persuade people to buy Bitcoin. I would never do that, because people would get the impression that Bitcoin is a company with a marketing department that is desperately trying to get rid of its tokens...

ya.ya.yo!

[BlokF4No27]

From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.

[traderethereum]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

Although gold is more stable and safe for investment, but gold cannot give you a good profit as compare to bitcoin, as there is a lot of fluctuation in the price of bitcoin, so more chance is to give you good profit if the price goes up. Gold seems good for saving long term not competing with bitcoin while considering for good return investment purposes.

if i have more money, then i will buy both, gold and bitcoin, and i agree with el kaka22, gold is for long term, and bitcoin is for middle term so i can make buy and sell but only for some amount of my bitcoin, the rest i will hold it and waiting an increasing price then i can sell it to make a big profit.

[saiha]

From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.

Of course that's the best way to make your assets grow with different forms but we are just talking about bitcoin and gold here.

Which would be the better investment for you? Because for me, they are both nice investments but since I'm more familiar with the bitcoin investment.

And its marketcap is getting higher, I would go for bitcoin even though this is still new.

[Japinat]

Now I choose Bitcoin. But about six months ago, I would have chosen gold. I have increased confidence in Bitcoin. And its price is also one of the reasons to choose cryptocurrency

Although gold is more stable and safe for investment, but gold cannot give you a good profit as compare to bitcoin, as there is a lot of fluctuation in the price of bitcoin, so more chance is to give you good profit if the price goes up. Gold seems good for saving long term not competing with bitcoin while considering for good return investment purposes.

if i have more money, then i will buy both, gold and bitcoin, and i agree with el kaka22, gold is for long term, and bitcoin is for middle term so i can make buy and sell but only for some amount of my bitcoin, the rest i will hold it and waiting an increasing price then i can sell it to make a big profit.

Middle term seems new to my eyes, I guess there's only short term and long term investment. Both are good, I cannot argue with that as we can see they are both profitable for the investors, but it is now base no the capacity of a certain investor as I know not all of us here has the capability to invest in terms of financial aspects.

[Sithara007]

From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.

What is the difference between land and property? Both can be included as real estate.

Ideally you should diversify your investment to include equity and bonds as well. Jewelry is another attractive option. But from your list, I would omit vehicles. The value of vehicles depreciate every year, and I would never consider it to be an investment asset.

[betohell]

From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.

yeah it is a good plan, but what if gains in bitcoin will provide greater prospects? it would be very unfortunate if you use capital for other investments right ?
I would invest in bitcoin only, because its more profitable

[markj113]

From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.

yeah it is a good plan, but what if gains in bitcoin will provide greater prospects? it would be very unfortunate if you use capital for other investments right ?
I would invest in bitcoin only, because its more profitable

Worst advice ever.

Why would you invest all your capital in one of the highest risk investments?

[blackmachinegun]

After I knowed bitcoin about 7 months ago, I was moved and sold some gold that my mine and took with bitcoin. I sure bitcoin is more profitable than gold.

bitcoin certainly more profitable than gold because the price movements on bitcoin bitcoin faster and the potential is quite large. so it makes bitcoin is more profitable but to the problem of risk. bitcoin probably more risky than gold