zuyfg888
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February 05, 2017, 12:57:33 PM |
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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.
Can I have both? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Because gold is given that the worth of a gold is high, but knowing that Bitcoin will increase (rate) I would like to have both, because we don't know how much will the bitcoin be. And its making a name nowadays. So better to have both.
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tyz
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February 05, 2017, 02:21:29 PM |
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Agree. Bitcoin is the digital counterpart of Gold. Both assets have a similar intrinsic value in my opinion what makes them ideal for building up longterm wealth and alternatives to arbitrarily printed paper fiat money. If you tell the truth, I think that is a very good option to get a good income, is a tandem with gold and bitcoin. And it is when you earn on the sale of bitcoin as a result investiruesh money into gold. This option seems to me a very good and high quality.
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February 05, 2017, 02:56:55 PM |
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Can I have both? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Because gold is given that the worth of a gold is high, but knowing that Bitcoin will increase (rate) I would like to have both, because we don't know how much will the bitcoin be. And its making a name nowadays. So better to have both. Having both is better but it is not easy especially to those poor people who can't afford to buy gold. So it is highly recommended to start with bitcoins either for long or short investment and the best thing about BTC is we can start even small capital.
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Superzpay
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February 05, 2017, 03:18:04 PM Last edit: February 06, 2017, 07:03:46 PM by Superzpay |
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If you tell the truth, I think that is a very good option to get a good income, is a tandem with gold and bitcoin. And it is when you earn on the sale of bitcoin as a result investiruesh money into gold. This option seems to me a very good and high quality.
I think if anyone will have good knowledge about bitcoin and know well about its trade the he do not have to go for gold and do not need to invest in gold because he will be able to get a highest profit in the trade of bitcoin and with gold he will waste his time and if he will give that time to bitcoin then he will get a good time to give to bitcoin for the profit and for them then gold will be ornament.
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Oggy1987
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February 05, 2017, 03:48:18 PM |
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I never put all my assets in a single investment vehicle. This is a very risky situation for investment. Instead, I used different investment tools to minimize potential losses.
It makes more sense to buy gold with 50% of the money and take the bitcoin with the remaining 50%.
Same thinking here, I invested in both. Hard to admit, but if I invested in bitcoin when I did in silver/gold, now I would be siting on a beach with cocktail in my hand. Then I didnt even hear about bitcoin, and didnt make any money out of that gold investment. In next 2-5 years I hope I'll be able to make a decent profit out of it. Same with bitcoin, now all my extra income goes in it.
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soul-impact
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February 05, 2017, 03:53:59 PM |
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I never put all my assets in a single investment vehicle. This is a very risky situation for investment. Instead, I used different investment tools to minimize potential losses.
It makes more sense to buy gold with 50% of the money and take the bitcoin with the remaining 50%.
Same thinking here, I invested in both. Hard to admit, but if I invested in bitcoin when I did in silver/gold, now I would be siting on a beach with cocktail in my hand. Then I didnt even hear about bitcoin, and didnt make any money out of that gold investment. In next 2-5 years I hope I'll be able to make a decent profit out of it. Same with bitcoin, now all my extra income goes in it. Gold is not very profitable because the price increases slowly every year. Bitcoin is different because the prices can change significantly in a short time. If you want to be rich or have some extra money to do something, invest in bitcoin and other cryptocurrency will be the smartest way. Holding Bitcoin in you will success in the future
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danherbias07
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February 05, 2017, 03:58:01 PM |
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I never put all my assets in a single investment vehicle. This is a very risky situation for investment. Instead, I used different investment tools to minimize potential losses.
It makes more sense to buy gold with 50% of the money and take the bitcoin with the remaining 50%.
Same thinking here, I invested in both. Hard to admit, but if I invested in bitcoin when I did in silver/gold, now I would be siting on a beach with cocktail in my hand. Then I didnt even hear about bitcoin, and didnt make any money out of that gold investment. In next 2-5 years I hope I'll be able to make a decent profit out of it. Same with bitcoin, now all my extra income goes in it. Gold is not very profitable because the price increases slowly every year. Bitcoin is different because the prices can change significantly in a short time. If you want to be rich or have some extra money to do something, invest in bitcoin and other cryptocurrency will be the smartest way. Holding Bitcoin in you will success in the future Yes. Because gold doesn't work the same way gold is. Bitcoin is young and many investors are really monitoring it to how it is growing. With that, they can somehow push other people to try bitcoin also. Again, it is still young and got very low stocks to buy it so just some guys with the opportunity to buy could push it again to a higher price. Demands can really do something with the value of bitcoin.
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jaysabi
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February 05, 2017, 06:10:36 PM |
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If you tell the truth, I think that is a very good option to get a good income, is a tandem with gold and bitcoin. And it is when you earn on the sale of bitcoin as a result investiruesh money into gold. This option seems to me a very good and high quality.
Neither gold nor bitcoin provides an income. Both are speculative investments and only provide the opportunity of capital appreciation. This is should not be confused with income, which are actual payments to you. Neither gold nor bitcoin pays you anything. The only way to realize your gain is by selling the asset. Contrast this with an income earning investment like a savings account, dividend stocks, a REIT investment, etc. All of these actually pay you a stream of money for holding the asset. That is income.
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phr0stbyt3
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February 05, 2017, 08:32:55 PM |
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I will choose Bitcoin for the reason that I can buy it freely. How to buy gold online, I do not know. To buy small gold bullion in the bank, I need to collect a significant amount of money.
Ofcourse option of bitcoin is much easy to choose for investment but still in the present time many numbers of sites are offering to buy gold online but here after that these type of services still bitcoin is best as an investment because ease of use bitcoin in the online market as an currency/money but selling of gold at online is about impossible , So gold option is good but not much good according to our recruitments . Secondly bitcoin is profitable much than gold , because of fluctuations in the price of bitcoin is more than in gold . The gold is an evergreen product, the price is low to compare bitcoin, but if you check the value of gold in world market, it is high to compare bitcoin. You can invest gold in any business without asking any questions people will accept. But Bitcoin we can not invest in all business. It's not global currency but booming currency in the digital world. I like bitcoin because of present price, and I like gold forever. I still don't get it what makes you invest in gold. It is currently at a all time low from the past 10 years. I know many people who bought it as an investment 6 years ago and the price became half now. I think bitcoin is the next gold for sure. And bitcoin is accepted most of the places. And you can even get 10% in cash after you sell your bitcoins so what's the problem in that i don't get it. You probably do not understand why people invest in gold at this point and I suppose you think the price will keep falling, so if someone who buy now will lose if he sells in the short term, well, You are considering only the past 10 years, if you moved a little behind maybe you would see that even today's price is high in relation to time that you mention, that is on one hand, In the other hand the answer could be in your explanation: I know many people who bought it as an investment 6 years ago and the price became half now, Did you see? The price became half now, It means that it could be a good time for someone buy at this point, much better than somebody did it 6 years ago, assuming that your sources of information are correct, the fact is that it has been said many times that the gold is a refuge value by nature and always retains its value, in that sense some prefer for the yellow metal. No man i have seen i remember buying gold when the price was some 50-60$ per 24 carat. And now i the price is currently some 30$ i don't remember. But we normally didn't purchase for investment purpose tbh, maybe we could have but mostly for family pride. All i was trying to say that if you compare bitcoin and gold i would prefer and recommend a person to invest in bitcoins. But rest is your wish.
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francisthecrusher
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February 05, 2017, 09:31:41 PM |
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As others have said, the important thing to do right now is diversify. I personally have gold and crypto (50% bitcoin 30% monero 20% Vcash).
As the old saying goes, don't keep in fiat that which you cannot afford to lose.
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BigBos
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February 05, 2017, 09:44:40 PM |
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I actually think that gold is better than bitcoin. however, it is very difficult to get the gold, so I decided to look for bitcoin. perhaps, winning gold in the price, and long-term investment is excellent. but, with bitcoin, although we do not know if it's a good investment in the long term or not, you can still make bitcoin that you have become more the other way.
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grandy
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February 05, 2017, 11:56:56 PM |
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I actually think that gold is better than bitcoin. however, it is very difficult to get the gold, so I decided to look for bitcoin. perhaps, winning gold in the price, and long-term investment is excellent. but, with bitcoin, although we do not know if it's a good investment in the long term or not, you can still make bitcoin that you have become more the other way.
but i think both have their own advantage and disadvantage.i think gold is save investment no doubt but it cannot give you good profit while bitcoin is a little risky but it can give you a good profit in no time.
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francisthecrusher
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February 06, 2017, 02:31:03 AM |
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it is very difficult to get the gold
Where do you live? it's usually quite easy to buy gold bullion in most places.
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genos
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February 06, 2017, 03:22:14 AM Last edit: February 06, 2017, 05:52:46 AM by genos |
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I actually think that gold is better than bitcoin. however, it is very difficult to get the gold, so I decided to look for bitcoin. perhaps, winning gold in the price, and long-term investment is excellent. but, with bitcoin, although we do not know if it's a good investment in the long term or not, you can still make bitcoin that you have become more the other way.
but i think both have their own advantage and disadvantage.i think gold is save investment no doubt but it cannot give you good profit while bitcoin is a little risky but it can give you a good profit in no time. Yeah i couldn't agree more with you. Both of them have different advantages Gold has more stable prices than the bitcoin as well as more trustworthy. It is suitable for investment in long periods of time. When you use gold, it is acceptable almost all around the world. Until the future, gold will always be the benchmark of all currencies and most reliable. Although bitcoin is not global yet but fluctuations of bitcoin is extremely beneficial if you are a trader. My friend got income from trading bitcoin about 700 dollars until 1200 dollars each month with big capital in trading. Bitcoin also give profit only by holding it.
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basesaw
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February 06, 2017, 03:59:04 AM |
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it is very difficult to get the gold
Where do you live? it's usually quite easy to buy gold bullion in most places. I think it doesn't matter where we live in getting gold. Because for me, I can say that it is hard to get gold and those people who acquire gold are the only ones that are wealthy enough and can afford to buy it. I prefer to choose bitcoin because it is preferable and much easier to use and to acquire even you will small amount, you can have it. maybe on the old times we can say that having or earning gold is not that hard. but now almost all of the sources of gold is being mined. wealthy people want to buy gold in order to show their wealth. but now i think investing in gold is now not trend so we cant see someone using it. golds now is just being reserve for the wealth of the peoples.
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rchstr
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February 06, 2017, 04:19:47 AM |
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I actually think that gold is better than bitcoin. however, it is very difficult to get the gold, so I decided to look for bitcoin. perhaps, winning gold in the price, and long-term investment is excellent. but, with bitcoin, although we do not know if it's a good investment in the long term or not, you can still make bitcoin that you have become more the other way.
but i think both have their own advantage and disadvantage.i think gold is save investment no doubt but it cannot give you good profit while bitcoin is a little risky but it can give you a good profit in no time. Yeah i couldn't agree more with you. Both of them have different advantages Gold has more stable prices than the bitcoin as well as more trustworthy. It is suitable for investment in long periods of time. When you, use gold , it is acceptable almost all around the world . Although bitcoin is not global, yet but fluctuations of bitcoin is extremely beneficial if you are a trader. My friend got income from tradinh bitcoin about 700 dollars until 1200 dollars each month with big capital in ttrading. yes. gold has more stable price than bitcoin. we all know that bitcoin is changing its value from time to time. sometimes it goes up and down. the trustwort of each also are not the same. maybe we could say the gold is more trusted as we see it as wealth. as bitcoin is not yet officially introduced to other nation.
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Dudeperfect
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February 06, 2017, 06:35:17 AM |
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it is very difficult to get the gold
Where do you live? it's usually quite easy to buy gold bullion in most places. I think it doesn't matter where we live in getting gold. Because for me, I can say that it is hard to get gold and those people who acquire gold are the only ones that are wealthy enough and can afford to buy it. I prefer to choose bitcoin because it is preferable and much easier to use and to acquire even you will small amount, you can have it. Well if we are considering gold as an investment then it is not so difficult to buy gold nowadays. Especially if you have bitcoins then you can buy gold through the online broker such as 1broker. The only limitation is that you can't get it in psychical form by that way. You would be able to get gain out of price movements for your investment.
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Ziskinberg
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February 06, 2017, 06:58:37 AM |
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it is very difficult to get the gold
Where do you live? it's usually quite easy to buy gold bullion in most places. I think it doesn't matter where we live in getting gold. Because for me, I can say that it is hard to get gold and those people who acquire gold are the only ones that are wealthy enough and can afford to buy it. I prefer to choose bitcoin because it is preferable and much easier to use and to acquire even you will small amount, you can have it. maybe on the old times we can say that having or earning gold is not that hard. but now almost all of the sources of gold is being mined. wealthy people want to buy gold in order to show their wealth. but now i think investing in gold is now not trend so we cant see someone using it. golds now is just being reserve for the wealth of the peoples. Yes it's the reality now, even you wanted to get as many gold as you can the competition is really tough, there are a lot of people that wants to get gold. And that's what I wanted to avoid, the competition of gold is really hard get into but with bitcoin it is still new and not all the bitcoins are mined yet, so opportunities are way better in bitcoin. Right now with my current situation in life, I would not consider gold as an investment. I want to invest in a more revolutionary that only few people has known yet, and it's bitcoin. With this way, I can safeguard my assets easily than investing with gold that your life may at risk. The fact that you are holding a valuable asset, you have to safeguard it by all means and that entails money.
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GMPoison
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February 06, 2017, 07:01:41 AM |
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Diversification is key. I say own both. Bitcoin, gold, silver, stocks, mutual funds, cash, real estate, other commodities, other currencies, etc.
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President79
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February 06, 2017, 08:18:14 AM |
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Gold is the investment that everyone likes, I don't want to take the risk so that whatever happens I'll choose gold as the main investment choice.
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