ufaiz50
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January 06, 2017, 12:08:04 AM |
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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 keep for 10years i prefer gold, because the value of gold is difficult to come down drastically " Gold keeps you rich ", different from the bitcoin for 10 years it could go up or down drastically. gold save your money, bitcoin is more to investment.
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Babayega31
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January 06, 2017, 12:20:03 AM |
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Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.
bitcoin is considered as an investment too for some people there is a lot of similarity between both , but bitcoin more to used digitally on internet bitcoin much better in terms of have a lot of benefit like considered as currency too make your transaction online easier and faster. Both bitcoin and gold is can be invested but i rather choose bitcoin for investments because its price will be getting higher from time to time and sometime goes lower its due to economics movement of bitcoin demand. If we talk about gold the demand right now is not that big because there many competition of jewel alternatives that slows gold demand like copper and silver and some prefers to use silver for fashion wears. So bitcoin investments like trading altcoins is i think most profitable than gold nowadays.
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Etaurith
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January 06, 2017, 01:23:16 AM |
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Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.
Gold is just an investment. but bitcoin is also a currency. Gold can also be used as a currency so I do not agree about that, I think that the bitcoin can come very far to be honest.
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GMPoison
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January 06, 2017, 01:24:27 AM |
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Gold is such as long term investment although it is secure, but we need big capital and long time to get significatnt profit, the price is litle bit more stable than bitcoin. But bitcoin is a currency that can be investment too, the user will get so many advantage of it include big profit.
Gold is just an investment. but bitcoin is also a currency. Gold can also be used as a currency so I do not agree about that, I think that the bitcoin can come very far to be honest. It has come far, yet still not far enough ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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agamasrori
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January 06, 2017, 03:02:39 AM |
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
Bitcoin price is so fluctuative and volatile. But so many countries were accept bitcoin now, so I think bitcoin is secure. Gold is apropriate for long term investment. If I only have small amount of money I will choose bitcoin.
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Vuizel
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January 06, 2017, 03:55:10 AM |
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
Bitcoin price is so fluctuative and volatile. But so many countries were accept bitcoin now, so I think bitcoin is secure. Gold is apropriate for long term investment. If I only have small amount of money I will choose bitcoin. Yes the bitcoin is also more profitable on a short term and due to that I also would choose for the bitcoin, I'm not having the patient for gold.
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tabas
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January 06, 2017, 04:11:01 AM |
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
Bitcoin price is so fluctuative and volatile. But so many countries were accept bitcoin now, so I think bitcoin is secure. Gold is apropriate for long term investment. If I only have small amount of money I will choose bitcoin. Yes the bitcoin is also more profitable on a short term and due to that I also would choose for the bitcoin, I'm not having the patient for gold. Bitcoin isn't just profitable on short term it can also be profitable in the long term. But it is better if you have that enough budget for investing, you can try to invest both of it at the same time. Because if the time now is for bitcoin sooner or later the time for gold is going to come also. Better to be secure with these two investments.
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kreskko
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January 06, 2017, 06:33:55 AM |
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Today, the world is very tense financial situation, and I'm not sure in one way or another currency. I would prefer to retain all of their savings in gold. It is the only one on my mind right choice.
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Woodie
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January 06, 2017, 07:38:12 AM |
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I would pick bitcoin over gold has bitcoin has less transaction complications like how I acquired it kind of questions, no one will say you trading fake bitcoins unlike gold too many questions and answers !
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lol3c
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January 06, 2017, 09:17:50 AM |
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I would pick bitcoin over gold has bitcoin has less transaction complications like how I acquired it kind of questions, no one will say you trading fake bitcoins unlike gold too many questions and answers !
I agree. Bitcoin is too powerful and we can not deny it. If you buy bitcoin, you will absolutely earn some profit in 5 years later. Bitcoin is based on the algorithm so that it is not likely to fake the system or make fake bitcoin.
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grandy
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January 06, 2017, 10:04:37 AM |
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
Bitcoin price is so fluctuative and volatile. But so many countries were accept bitcoin now, so I think bitcoin is secure. Gold is apropriate for long term investment. If I only have small amount of money I will choose bitcoin. Yes the bitcoin is also more profitable on a short term and due to that I also would choose for the bitcoin, I'm not having the patient for gold. Bitcoin isn't just profitable on short term it can also be profitable in the long term. But it is better if you have that enough budget for investing, you can try to invest both of it at the same time. Because if the time now is for bitcoin sooner or later the time for gold is going to come also. Better to be secure with these two investments. i think in present time as the price of bitcoin is trading in a high rate therefore short term term investment is a little more risky as compare to long term investment, in lost term investment at least you do not care for the price increase. and can wait for a long time.
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s7oj_
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January 06, 2017, 10:19:07 AM |
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for higher long term investments, i would go with a mix with higher percentage on gold (70-30%), as if something goes wrong, you still have a tangible asset with gold (by investing in gold, I am actually thinking about buying gold and storing it somewhere). looking at short term, I would play it the opposite way, in order to secure some of my initial investment via gold, but have enough money to speculate on bitcoin. never but all your eggs in one basket ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sithara007
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January 06, 2017, 11:24:51 AM |
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Volatility can be a major concern with Bitcoin. Look at the exchange rates during the past 24-hours. In BTC-e, it hit $880 after going up to $1,100. Volatility of almost 20% in a single day. With gold, the maximum volatility is in the range of 2-3%.
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bitllionaire
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January 06, 2017, 04:17:26 PM |
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I would always choose bitcoin than gold. Though gold has been for centuries, still bitcoin has potential to give good returns. You could see the tremendous rise in bitcoin price. It has not yet made upset any of its holders.
Bitcoin price is so fluctuative and volatile. But so many countries were accept bitcoin now, so I think bitcoin is secure. Gold is apropriate for long term investment. If I only have small amount of money I will choose bitcoin. Yes the bitcoin is also more profitable on a short term and due to that I also would choose for the bitcoin, I'm not having the patient for gold. Bitcoin isn't just profitable on short term it can also be profitable in the long term. But it is better if you have that enough budget for investing, you can try to invest both of it at the same time. Because if the time now is for bitcoin sooner or later the time for gold is going to come also. Better to be secure with these two investments. i think in present time as the price of bitcoin is trading in a high rate therefore short term term investment is a little more risky as compare to long term investment, in lost term investment at least you do not care for the price increase. and can wait for a long time. i am agree with you, i think long term investment is all time good and safe investment, if you want to invest your money specially in present time then you need to invest for long time because the price of bitcoin will reach to more and more high price in future.
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Jonar21
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January 06, 2017, 05:19:04 PM |
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Volatility can be a major concern with Bitcoin. Look at the exchange rates during the past 24-hours. In BTC-e, it hit $880 after going up to $1,100. Volatility of almost 20% in a single day. With gold, the maximum volatility is in the range of 2-3%.
bitcoin exchange rate stability depends only on the Exchange trading, if it is artificially regulated. A gold itself has a high value.
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Synthian
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January 06, 2017, 05:29:15 PM |
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I will choose bitcoin because I can trade it easier and more profitable than gold. Gold is difficult to transfer and not safe to store and it's limited in the policy. Bitcoin is very easy ans safe to transfer or withdraw and it's got a lowest fee.
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jaysabi
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January 06, 2017, 05:33:42 PM |
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i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold. which makes different bitcoin with gold is because bitcoin prices more volatile or fluctuating, it makes bitcoin is more profitable in the near future, in contrast to the price of gold whose price tends to be stable Gold is at from stable. There is plenty of volatility in gold prices. Compared to Bitcoin it may look more stable, but any gold chart of sufficient length will give you enough data to see that gold suffers from volatility in the short run.
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KingdomHearts
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January 06, 2017, 06:33:38 PM |
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I will choose bitcoin because I can trade it easier and more profitable than gold. Gold is difficult to transfer and not safe to store and it's limited in the policy. Bitcoin is very easy ans safe to transfer or withdraw and it's got a lowest fee.
yeah there is maximum people choosing bitcoin because bitcoin getting much more power day by day than gold and i do not compare gold with bitcoin because bitcoin is crypto currency and gold is just metal .
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bikbik2
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January 06, 2017, 06:51:39 PM |
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I will choose bitcoin because I can trade it easier and more profitable than gold. Gold is difficult to transfer and not safe to store and it's limited in the policy. Bitcoin is very easy ans safe to transfer or withdraw and it's got a lowest fee.
yeah there is maximum people choosing bitcoin because bitcoin getting much more power day by day than gold and i do not compare gold with bitcoin because bitcoin is crypto currency and gold is just metal . There are no predictions for gold, which has for bitcoin. Cryptocurrency price must rise several times, unlike gold. Thus it is clear where to invest.
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Mirconome
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January 06, 2017, 07:25:17 PM |
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It seems to me that gold a better chance to survive all the crises of economic and even natural disasters.
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