Bitcoin or gold?

[ariie]

If for short, bitcoin is more profitable than gold. But for the long term it is clear gold, because the turnover of gold is still in say quite stable, while the bitcoin selling price tidal, such as gambling.

[deisik]

Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.

That can be seriously argued

Indeed, everyone is "entitled to their own opinion", but as far as my opinion is concerned, Bitcoin is not a very good investment as such. It is a perfect vehicle for speculation and short term trading without doubt (epitomized by a "hit and run" approach), but this doesn't make it a good investment. It is just too risky to be called an investment. As to me, investments should provide more or less consistent income with relatively low risk (US Treasuries are a perfect example of such investments), but Bitcoin is nowhere near that

Why isn't it good investment? Yea it's very risky and unstable... but doesn't define good or bad investment, I think that what's behind investment it's most important thing. Limited supply and whole blockchain technology is very good. So volatility doesn't matter, a big investor can shake price a lot but concept still stands!
If you go to bar you can easily spend 20-50$, you could just stay one day at home and buy Bitcoin with that. And maybe in 10-15 years you can have enough to live whole life.
Sure if you want to invest something which is stable, so you can withdraw money anytime you should buy gold. But buying few satoshis may be a very good lottery ticket. And you can't win lottery if you don't buy ticket
So if you invest 100k in gold, why not invest 1k in bitcoin?
That's what i meant with my comment, if I said anything wrong please correct me

And what according to you defines good or bad investment?

Or what distinguishes a good investment from a bad one? All the limited supply in the world and the whole blockchain technology will be utterly irrelevant if a specific investment (in this case in Bitcoin) doesn't bring you profits but start bringing you losses instead. That's what matters in the end. It could be said that Bitcoin is a good investment (because it has been highly profitable), but we should not forget about the other thing which distinguishes a good investment from bad. It is risk involved. If your investment brings you profit (so far) but it is risky as hell, that may mean that you are just lucky. In other words, it is not profits alone but also risk connected with getting these profits which also counts. And Bitcoin is not good in this department, that's basically why it is not a good investment choice overall, especially in the long term. It is a highly speculative asset, but can such assets be good investments?

I think that good investment is if you get profit from it, and more you earn better it is. And bad investment is when you lose money.
And yea, risk is important but if you are willing to take it you can make better investment/profit. It depends what kind of investment you want and what money you risk means to you. If I put let's say 5% of my monthly earnings i would pick bitcoin (and other cryptocurrencies), if i would need to give all my money i would invest in gold.
And every single investment must be treated seperated, let's say you buy lottery ticket and you win it. Would you say that was bad investment?

Indeed, it would be a perfect investment, for the winner

But there is no way you can treat investments individually, on a case by case basis. Otherwise you wouldn't be able to tell a bad investment opportunity or possibility from a good one since what makes a good investment is the opportunity or a chance to earn profits by any person following the specified set of rules for a certain investment. In other words, investing in lottery tickets is a bad idea overall, though a few people still win in lottery, from time to time

[OROBTC]

Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.

That can be seriously argued

Indeed, everyone is "entitled to their own opinion", but as far as my opinion is concerned, Bitcoin is not a very good investment as such. It is a perfect vehicle for speculation and short term trading without doubt (epitomized by a "hit and run" approach), but this doesn't make it a good investment. It is just too risky to be called an investment. As to me, investments should provide more or less consistent income with relatively low risk (US Treasuries are a perfect example of such investments), but Bitcoin is nowhere near that

Why isn't it good investment? Yea it's very risky and unstable... but doesn't define good or bad investment, I think that what's behind investment it's most important thing. Limited supply and whole blockchain technology is very good. So volatility doesn't matter, a big investor can shake price a lot but concept still stands!
If you go to bar you can easily spend 20-50$, you could just stay one day at home and buy Bitcoin with that. And maybe in 10-15 years you can have enough to live whole life.
Sure if you want to invest something which is stable, so you can withdraw money anytime you should buy gold. But buying few satoshis may be a very good lottery ticket. And you can't win lottery if you don't buy ticket
So if you invest 100k in gold, why not invest 1k in bitcoin?
That's what i meant with my comment, if I said anything wrong please correct me

And what according to you defines good or bad investment?

Or what distinguishes a good investment from a bad one? All the limited supply in the world and the whole blockchain technology will be utterly irrelevant if a specific investment (in this case in Bitcoin) doesn't bring you profits but start bringing you losses instead. That's what matters in the end. It could be said that Bitcoin is a good investment (because it has been highly profitable), but we should not forget about the other thing which distinguishes a good investment from bad. It is risk involved. If your investment brings you profit (so far) but it is risky as hell, that may mean that you are just lucky. In other words, it is not profits alone but also risk connected with getting these profits which also counts. And Bitcoin is not good in this department, that's basically why it is not a good investment choice overall, especially in the long term. It is a highly speculative asset, but can such assets be good investments?

I think that good investment is if you get profit from it, and more you earn better it is. And bad investment is when you lose money.
And yea, risk is important but if you are willing to take it you can make better investment/profit. It depends what kind of investment you want and what money you risk means to you. If I put let's say 5% of my monthly earnings i would pick bitcoin (and other cryptocurrencies), if i would need to give all my money i would invest in gold.
And every single investment must be treated seperated, let's say you buy lottery ticket and you win it. Would you say that was bad investment?

Indeed, it would be a perfect investment, for the winner

But there is no way you can treat investments individually, on a case by case basis. Otherwise you wouldn't be able to tell a bad investment opportunity or possibility from a good one since what makes a good investment is the opportunity or a chance to earn profits by any person following the specified set of rules for a certain investment. In other words, investing in lottery tickets is a bad idea overall, though a few people still win in lottery, from time to time

7jaka7

What deisik says is correct, Bitcoin is more of a speculation than an investment.   BTCis a risky asset that so far has a majestic cycle of going way up (and way down).

You do not say "an investment is good" just because it went up...  Or "bad" if it went down.  An investment is often defined as a productive use of capital while foregoing current consumption.

A speculation has little productive use (other than a great transaction currency).

Terminology is important.  I love BTC as a great speculation.  BTC is not investing (like in loaning money to build a warehouse).

[bajing]

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.

I would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.

Bitcoin definitely has more potential than gold as far as investment goes. You can earn insane profits from bitcoin just from holding it. In 5-10 years, bitcoin will be worth multiples of what it is today.

I agree with that, gold is the most popular investment but I will go with the trend now, bitcoin so far is the best because I'm here in crypto and I make a living in here so I have to support what gives me money.

Yes thats true , for us who are in the cryptoworld bitcoin is more better investment than gold because we csn earn more profit in  bitcoin than gold. And supporting bitcoin is helping us too because many people are adopting bitcoin widely.

That is true but for now it is possible that people who did not believe that bitcoin is a good investment will change their thinking about it, because there are already some big companies and some countries are starting aprove the existence of bitcoin.

[whizter]

I will choose both, half in the form of Bitcoin and half again in gold, have no special reason but always hold the principle do not put all the eggs in one basket it's wiser.

It is what I'm always saying that I will going to choose both. But within this moment I'm focusing more with bitcoin as I still don't have gold. But I know one day there will be the time that I will also try to get into gold investments, it's precious and it will never die the same as bitcoin. I know I can do it at the same time.

i think you may have good amount of money, that is way you can choose both. but to me i am going to choose btcoin because bitcoin can give me good profit as there are more chances that the price of bitcoin is increasing. therefore to me bitcoin is the best option as it will give me good profit in future.

[originalsloth]

Bitcoin is definitely more volatile than gold. It just comes down to a matter of volatility preference. If your goal is to slowly save for retirement or have a rainy day fund, i would choose gold but if you want to make large capital gains in a short period of time, then bitcoin is the way to go.

[ocid]

Gold has been famous since the past until now many people save his property with gold, But currently the value of bitcoin is much higher than gold therefore I prefer to save some of my wealth using bitcoin.

[Superways]

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.

I would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.

Yes now investing in bitcoin is an intelligent idea as if he will invest in bitcoin then he will get a profit in a week which a person will hardly find in their investment in gold after an year. So investing in gold now is just wasting of time and capital.

[Sled]

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.

I would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.

Yes now investing in bitcoin is an intelligent idea as if he will invest in bitcoin then he will get a profit in a week which a person will hardly find in their investment in gold after an year. So investing in gold now is just wasting of time and capital.

The only difference between gold and bitcoin is the time when you were able to make profit. It is true that even a week you will get profits from your bitcoin holdings while in gold you need to wait a lot of years before you feel that you are profiting from your investment, Bitcoin is good for short term investors while gold is just for people who want a long term investment and also a second option to save their money aside from banks.

[Seville]

I have both but I prefer BTC to gold.. More fun to have 

[batang_bitcoin]

I will choose both, half in the form of Bitcoin and half again in gold, have no special reason but always hold the principle do not put all the eggs in one basket it's wiser.

It is what I'm always saying that I will going to choose both. But within this moment I'm focusing more with bitcoin as I still don't have gold. But I know one day there will be the time that I will also try to get into gold investments, it's precious and it will never die the same as bitcoin. I know I can do it at the same time.

I do have money to buy gold but I will neverr do that. Gold is too stable and it is a safe way to secure of property from being devalued by the inflation. Bitcoin is a future of currency and a new way to earn more money and profit

But why you will never do that? Why not try to consider gold too as you said it is a safe way to secure. If I will be given a chance to invest there, I'm going to make sure that I will buy some gold but still I will get more my funds for putting it to bitcoin. Since the gold industry is too big and already has a lot of people, bitcoin is promising though.

[ArnoldChippy]

I have both but I prefer BTC to gold.. More fun to have  

yes i also prefer bitcoin to gold as bitcoin has more chances to increase their price and give us some more profit in a short period of time. as in previous one month those people who have invested money in bitcoin they are now getting double profit from it, but still they are holding their bitcoins and are not going to sell it for the next high price. and they are hopeful that they are getting more and more profit from bitcoin.

[8Habits]

I have both but I prefer BTC to gold.. More fun to have 

yes i also prefer bitcoin to gold as bitcoin has more chances to increase their price and give us some more profit in a short period of time.

Bitcoin has a very good potential because people are really using it and are liking it due to its ease and convenience of use. Gold on the other hand is good investment as well - I prefer investing to both investment vehicles.

[yyyshhha1415]

Both. Both of them has a good value and will have a higher value in the near future.

[Pinkris128]

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

Ohh im thinking and hoping too that bitcoin will be worth 100million each after how many years. As of now bitcoin price is continuously increasing and this may lead into higher value after 10 years. Bitcoin and gold are the same. So we dont need to choose between the two. The fact that bitcoin and gold help us to get the things that we want to have in our life.

[fujyo86]

Gold for my son's future, bitcoin for me. Because gold provides security and comfort in long term investing. In bitcoin, by buying it 3 months ago and use it for trading, has given a considerable profit when exchanged in dollars.

[mistanama]

Gold for my son's future, bitcoin for me. Because gold provides security and comfort in long term investing. In bitcoin, by buying it 3 months ago and use it for trading, has given a considerable profit when exchanged in dollars.

I will do the opposite. The bitcoin has much more potential.

[nemagia]

Gold for my son's future, bitcoin for me. Because gold provides security and comfort in long term investing. In bitcoin, by buying it 3 months ago and use it for trading, has given a considerable profit when exchanged in dollars.

You need to use gold and bitcoin to save your funds in case of collapse. I will leave my children with different assets and coins.

[Michhotdog]

Gold for my son's future, bitcoin for me. Because gold provides security and comfort in long term investing. In bitcoin, by buying it 3 months ago and use it for trading, has given a considerable profit when exchanged in dollars.

You need to use gold and bitcoin to save your funds in case of collapse. I will leave my children with different assets and coins.

Today very many children are already beginning to understand the crypto currency and this is very encouraging, so I think that for the future of the crypto currency, but for today investment only in gold can calm me and be confident in the future.

[GuppyMan]

Gold for my son's future, bitcoin for me. Because gold provides security and comfort in long term investing. In bitcoin, by buying it 3 months ago and use it for trading, has given a considerable profit when exchanged in dollars.

You need to use gold and bitcoin to save your funds in case of collapse. I will leave my children with different assets and coins.

Today very many children are already beginning to understand the crypto currency and this is very encouraging, so I think that for the future of the crypto currency, but for today investment only in gold can calm me and be confident in the future.

I think so too. Gold is more reliable and tested for many years. While children grow up bitcoin can depreciate and they will not get anything.