Bitcoin or gold?

[deisik]

Yes my friend also said like you, he said if gold is an old investment. It is true, in the modern era, bitcoin is a new and best investment. For long-term or short-term bitcoin investments it is an ideal choice because of the fluctuating bitcoin prices and rising prices will be able to make a profit. But there are still many people asking whether bitcoin is worth investing for more than 5 years because it is so volatile that fear of sudden prices could fall, but I believe bitcoin will continue to grow and fluctuations tend to rise. This is proven when the price drops not long the price recovers and rises again

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to end up with an implosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

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[NLGer]

Yes my friend also said like you, he said if gold is an old investment. It is true, in the modern era, bitcoin is a new and best investment. For long-term or short-term bitcoin investments it is an ideal choice because of the fluctuating bitcoin prices and rising prices will be able to make a profit. But there are still many people asking whether bitcoin is worth investing for more than 5 years because it is so volatile that fear of sudden prices could fall, but I believe bitcoin will continue to grow and fluctuations tend to rise. This is proven when the price drops not long the price recovers and rises again

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to turn into explosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

Maybe not the best investment but THE best investment!

[gabmen]

Yes my friend also said like you, he said if gold is an old investment. It is true, in the modern era, bitcoin is a new and best investment. For long-term or short-term bitcoin investments it is an ideal choice because of the fluctuating bitcoin prices and rising prices will be able to make a profit. But there are still many people asking whether bitcoin is worth investing for more than 5 years because it is so volatile that fear of sudden prices could fall, but I believe bitcoin will continue to grow and fluctuations tend to rise. This is proven when the price drops not long the price recovers and rises again

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to turn into explosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

Maybe not the best investment but THE best investment!

well gold has a physical form and doesn't rely on electronic and digital aspect so it would be safe to say that gold is a bit safer than btc in case anything happens. but at the moment, bitcoin is proving to be a well worth it investment in itself with a price that niw exceeds gold. take away all the liabilities of relying on modern technology and btc would beat gold but that's unlikely to happen

[8Habits]

Yes my friend also said like you, he said if gold is an old investment. It is true, in the modern era, bitcoin is a new and best investment. For long-term or short-term bitcoin investments it is an ideal choice because of the fluctuating bitcoin prices and rising prices will be able to make a profit. But there are still many people asking whether bitcoin is worth investing for more than 5 years because it is so volatile that fear of sudden prices could fall, but I believe bitcoin will continue to grow and fluctuations tend to rise. This is proven when the price drops not long the price recovers and rises again

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to turn into explosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

Maybe not the best investment but THE best investment!

well gold has a physical form and doesn't rely on electronic and digital aspect so it would be safe to say that gold is a bit safer than btc in case anything happens. but at the moment, bitcoin is proving to be a well worth it investment in itself with a price that niw exceeds gold. take away all the liabilities of relying on modern technology and btc would beat gold but that's unlikely to happen

The best thing to do then if you are torn between gold and bitcoin is to might as well invest to both. You dont necessary invest in stocks and buy gold, you can just simply buy gold jewelry items that are being auctioned.

[AndreXavier]

I think gold is better, because of low volatile price .

[fujyo86]

I think gold is better, because of low volatile price .

Indeed, for decades of investment, gold is the best investment choice. However, if we want to find more profit then bitcoin we can choose as a trading instrument.

[suryana]

I think gold is better, because of low volatile price .

Indeed, for decades of investment, gold is the best investment choice. However, if we want to find more profit then bitcoin we can choose as a trading instrument.

Gold is still in great demand for investors as the best investment instrument. Even my grandfather still has gold since he was a child.

[deisik]

I think gold is better, because of low volatile price .

Indeed, for decades of investment, gold is the best investment choice. However, if we want to find more profit then bitcoin we can choose as a trading instrument.

Technically speaking, gold per se can hardly be considered as an investment

Investing assumes gaining profits over time, while gold doesn't fit quite well into this scheme. It is rather an instrument of storing or preserving value and wealth (so-called a store of value of last resort), not an asset which allows you to earn profits over long term (unlike, for example, the US Treasury bonds). This has nothing to do with short term speculations, though, in which gold can be used successfully, for example, with gold futures and options (if you know what you are doing, of course), but such speculations cannot be called investments either, at least, not in the proper sense of the word

[richardsNY]

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to end up with an implosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

If you're not sure if Bitcoin is the best investment out there, then what are the other things that according to you are close competitors in terms of investment options? I seriously can't mention even one thing that comes close to what growth Bitcoin has gone through since its existence. Another thing -- what time frame do you consider to be short term, and what long term?

[deisik]

I'm not sure if Bitcoin is the best investment out there presently

Especially for long term investments since these investments don't need the exponential growth which is not based on real progress or adoption but purely on relentless hype and runaway speculation. Such growth is likely to end up with an implosive collapse one day, which renders the whole idea of long term investments futile and fruitless. On the flip side, though, I agree in general that for short term speculations (let's call a spade a spade here), Bitcoin is one of the top-notch ("state of the art", as it were) tools freely available to everyone with a fiver in his pocket

If you're not sure if Bitcoin is the best investment out there, then what are the other things that according to you are close competitors in terms of investment options? I seriously can't mention even one thing that comes close to what growth Bitcoin has gone through since its existence. Another thing -- what time frame do you consider to be short term, and what long term?

Honestly, I don't know about any asset which could be safely considered as a long term investment

Apart from investments in your own business, of course, but this is certainly not what you wanted to hear. Nevertheless, if you still want to hear my opinion in respect to purely financial investments (which seems to be your point), I think that the US dollar as well as the US treasuries, especially so called TIPS (Treasury inflation-protected securities) are the best match if we are talking about terms over one year (and considerably longer terms), and still more so if you live on some other currency ("bad" money). That would cut as a long term for me. Regarding Bitcoin, more specifically, it is a short term investment, anyway (if it can be called that at all). In other words, you buy, ride the wave and sell, then wash, rinse, repeat. But this is pure speculation, not investment, strictly speaking, and each cycle may take from days to weeks, or months, at most. But you know that as good as myself

[ipungadhi]

Bitcoin rose from $200 per coin to $1,800 per coin (current exchange rates) in almost 12-months time. Gold will never give this much returns. But my opinion may change once a correction occurs with Bitcoin.

i agree with you and i am also in the favor of bitcoin because bitcoin give me a good profit nowadays the price of bitcoin increasing too much fast and gold is too much stable value and gold increasing it value too much slow and we can not get a big profit from gold quickly.

bitcoin is the modern and stronger currency and young generation is very interested to using bitcoin because and just bitcoin can increase our money and gold is a metal we can not compare gold with bitcoin because both are too much different from each other.

For in terms of investment I think, bitcoin is superior because many people get bigger and faster profits when using bitcoin for their investment

[mornabo]

Bitcoin rose from $200 per coin to $1,800 per coin (current exchange rates) in almost 12-months time. Gold will never give this much returns. But my opinion may change once a correction occurs with Bitcoin.

i agree with you and i am also in the favor of bitcoin because bitcoin give me a good profit nowadays the price of bitcoin increasing too much fast and gold is too much stable value and gold increasing it value too much slow and we can not get a big profit from gold quickly.

bitcoin is the modern and stronger currency and young generation is very interested to using bitcoin because and just bitcoin can increase our money and gold is a metal we can not compare gold with bitcoin because both are too much different from each other.

I think we can still compare it from the investment thing Bitcoin has a high potential as a profitable investment let alone users continue to arrive But gold I think is still running on the road

[MingLee]

Bitcoin rose from $200 per coin to $1,800 per coin (current exchange rates) in almost 12-months time. Gold will never give this much returns. But my opinion may change once a correction occurs with Bitcoin.

i agree with you and i am also in the favor of bitcoin because bitcoin give me a good profit nowadays the price of bitcoin increasing too much fast and gold is too much stable value and gold increasing it value too much slow and we can not get a big profit from gold quickly.

bitcoin is the modern and stronger currency and young generation is very interested to using bitcoin because and just bitcoin can increase our money and gold is a metal we can not compare gold with bitcoin because both are too much different from each other.

I think we can still compare it from the investment thing Bitcoin has a high potential as a profitable investment let alone users continue to arrive But gold I think is still running on the road

Bitcoin is a great growth investment tool, and gold is a great wealth preservation tool. The biggest difference that I see between gold and Bitcoin is that gold is something that can be used for a lot more applications than Bitcoin can, although it loses out on some of the ease of use, while Bitcoin is pretty much stuck with what it is and can't be used for a whole lot more. Each has their niche.

[ankit10]

for current situation we should select gold for next 10 year, because we dont know when government will BAN cryptocurrencies or Bitcoin and gold is not going to ban for use so i would prefer gold for now will think after 10 year about bitcoin 

[Rinder]

When i were a child i had earned gold as gift, nowadays i dont have money to buy neither bitcoin but i cant walk in street with gold, that can be stolen anytime, with bitcoin i can walk in the street and no one will know i do own them. Besides those i can earn small parts of bitcoins online, something i cant get with gold.

[klf]

When i were a child i had earned gold as gift, nowadays i dont have money to buy neither bitcoin but i cant walk in street with gold, that can be stolen anytime, with bitcoin i can walk in the street and no one will know i do own them. Besides those i can earn small parts of bitcoins online, something i cant get with gold.

These are not the reasons to invest money in any of the products. Because your Bitcoins also can be hacked and you can lose those bitcoins. We should know how to keep our products safely. But to invest our money should looks which product is more growth in the feature to give us more profit. I think both of them are good to invest. But BTC prices are more dynamic, so we can make quick profit and gold will give slow and study income over the time.

[asriloni]

for current situation we should select gold for next 10 year, because we dont know when government will BAN cryptocurrencies or Bitcoin and gold is not going to ban for use so i would prefer gold for now will think after 10 year about bitcoin 

Gold is a good long-term investment, For decades investment I will choose gold as my investment, but this time all of the activities already used technology which has very useful for our life. Bitcoin offering a lot of advantages rather than gold. Basically bitcoin and gold is different.

[the rise]

for current situation we should select gold for next 10 year, because we dont know when government will BAN cryptocurrencies or Bitcoin and gold is not going to ban for use so i would prefer gold for now will think after 10 year about bitcoin 

What we need to know is when the government legalizes bitcoin, not vice versa because the current price trend is a benchmark of the increased users volume. In this case gold has lagged far lower than bitcoin, so we should think smartly to divide a clear percentage of the investment on these two assets. I suggest to multiply bitcoin or it will be far behind by other planes in the future.

[Sungoku]

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.

haps the most obvious difference between Gold and bitcoin is this: Gold is physical and bitcoin is digital. Yet the distinctions between the two run much deeper.

Gold is a Precious Metal used by mankind as a medium of exchange for millennia. It is also useful in technology and manufacturing, and is appreciated for its beauty in the form of jewelry, art and keepsakes. Gold is widely regarded as a sound long-term investment and a hedge against market volatility.

Bitcoin, on the other hand, is a coded, crowdsourced currency that did not exist until 2009.

[FlightyPouch]

When i were a child i had earned gold as gift, nowadays i dont have money to buy neither bitcoin but i cant walk in street with gold, that can be stolen anytime, with bitcoin i can walk in the street and no one will know i do own them. Besides those i can earn small parts of bitcoins online, something i cant get with gold.

That is right, there are a lot of differences between gold and bitcoin, gold may have a good price and also stable price, but it is hard to earn them, they must be mined so we can get one, unless we rob or given a gold, we must mine so we can get one. But we can say that, the gold of internet is bitcoin.