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Author Topic: Bitcoin or gold?  (Read 984421 times)
welshcollectibles
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May 29, 2017, 01:43:03 PM
 #7941

Both because i will use gold to buy bitcoin and hold my coins for year/s or waiting the price go pump then exchange my coins to real money and buy gold. Grin
That was good that you afford to invest in gold and bitcoin i think you will gain much more profit for holding it for long period of time because me i can not afford to buy or invest in gold because of the high value of it, that is why i choose only in bitcoin to invest but if i will be successful and i can already afford to invest in gold i will do also invest in gold to make much more income in the future.
to me i think if you invest your money on bitcoin for making profit, then it is just to waste the time, because we can expect a very slight change in the price of bitcoin, even after a long long time. to me i think if you want to make money then you need to invest your assets in trading altcoin. from where you have more chances to make good profit in a very very short period of time.

I agree that Altcoin trading can be highly profitable because we are only at the start of the cryptocurrency bull market.  It requires a great deal of discipline not to trade on emotion because of the wild swings in price.  If anyone buys Bitcoin for "making money" then they are at the mercy of trading on emotion and will likely succumb to panic selling on the corrections.  Bitcoin is a long term hold.  Gold on the other hand is constant and will forever hold it's value.  Why would central banks continue to hoard it otherwise?  My strategy is always to maintain a balanced portfolio and have an even spread of each.  Isn't that the key to any investment portfolio - diversification?

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May 29, 2017, 01:49:04 PM
 #7942

Gold is very popular even today many people still keep it well or trade in bond stocks. But I prefer bitcoin because its utility level is very different, gold is an immovable investment asset but has a price trend that never goes down even though its movement is very slow. Bitcoin has a dual role, other than as an investment asset, bitcoin has value as a currency with faster movement than gold. Because I'm young and full of ideas and passion, bitcoin is the top choice right now.
Gold is good for storing your wealth. having shares on gold is good as it is the best asset that the value cant be dump. we all know that gold is one of the hardest mineral on earth that is hard to mine. so it is hard de devalue
Something which has got material backing can never be devalued. At times depending on the mining difficulty and the availability the value will be varying. Bitcoin as a storage token is purely technology backed and doesn't have any central control. So price peaking and dropping happens anytime. Best is to choose upon one's own requirement of wealth.

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h3nchm19
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May 29, 2017, 01:51:19 PM
 #7943

I have been thinking about this for a long while and how the two of them are so different, in shape, nature, stability and age. I prefer bitcoin in short term investing in which the coins are held for a month/months, while gold is a long term storage that is less likely to lose it's value, nevertheless the possibilities of profit are miniature as well.
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May 29, 2017, 01:56:54 PM
 #7944

Gold is simply win just thing from bitcoin. That is its steady value, others than that bitcoin win it without a doubt. Bitcoin is quite recently the same as gold in the event that you thought about it by the value, gold has a steady value which is useful for a long venture other than bitcoin has an unpredictable cost and you can get benefit from it regular on the off chance that you know how to oversee it. Both on the off chance that them are certain gainful
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May 29, 2017, 02:18:23 PM
 #7945

Gold is my choice especially for long investment, bitcoin is very promising indeed but still lacks stability which is an important part of large investor's confidence in something, even if the price is at $3000 it could crash to $1000 and it wouldn't be unprecedented, while gold's oz won't instantly fall to 20 USD over night (and if it did, it will be a 1st time large crash and a surprise).
Himanshu111
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May 29, 2017, 02:41:05 PM
 #7946

Gold is better because of its liquidity and acceptance all over the world.
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May 29, 2017, 02:53:27 PM
 #7947

Gold is very popular even today many people still keep it well or trade in bond stocks. But I prefer bitcoin because its utility level is very different, gold is an immovable investment asset but has a price trend that never goes down even though its movement is very slow. Bitcoin has a dual role, other than as an investment asset, bitcoin has value as a currency with faster movement than gold. Because I'm young and full of ideas and passion, bitcoin is the top choice right now.
No, I do not think gold is very popular. A few years ago gold could be very popular and a top choice for investors, a lot of people like it because its value increases quite fast at that time, but then the government made gold stabilization strategies, that makes it lose its attraction and become the past. And bitcoin appeared, became a potential investment, the value and profit of bitcoin brought is very attractive, especially it is not controlled by the government, that helps its price increase fast quickly, so most investors have chosen bitcoin to invest instead of gold as before

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gabmen
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May 29, 2017, 03:17:54 PM
 #7948

Gold is better because of its liquidity and acceptance all over the world.

when it comes to acceptance, btc is well in its way there. we can't say that it's easy to acquire gold and compared to btc, bitcoin is more achievable. so though you're right about gold's liquidity, btc still has a lot going for it especially at this time

 
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May 29, 2017, 07:39:41 PM
 #7949

bitcoin is a trend right now..one can gain huge profit buy colleting few coins..its value already overcome of gold..few bitcoin means secure life
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May 29, 2017, 10:58:36 PM
 #7950

The reality bitcoin has outperformed gold in esteem this year doesn't improve it. Possibly you don't know yet we are looking at putting resources into gold or bitcoin. Furthermore, on the grounds that something has a higher incentive than something else doesn't mean it is better. That outperformed cost was at that point done and now it is presently back to the lower than the cost of gold. On the off chance that we discuss being steady on its value then gold is the best decision since we as of now perceive how the cost is solid and stabled. Indeed, even the bitcoin goes higher than gold it doesn't influence the cost of gold and it just remains on its cost and now we can see that the bitcoin cost is tumbling down yet the gold cost is as yet the same.
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May 29, 2017, 11:35:07 PM
 #7951

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.
yes no doubt that long term investment may be more profitable and one can really get a very good profit from long term investment, to me although investment in gold as well as in bitcoin are both profitable, but i think investment n bitcoin will be more profitable because gold have very stable position while investment in bitcoin will be more profitable as we can expect a very quick change in the price of bitcoin.
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May 30, 2017, 04:25:09 AM
 #7952

bitcoin is a trend right now..one can gain huge profit buy colleting few coins..its value already overcome of gold..few bitcoin means secure life
I think it is better to say secured finance life and not literally life because bitcoin is only concern for the financial status of us and if we will continue to support bitcoin and keep collecting bitcoin for long term then we are almost making our financial life after a few years secured because there is no doubt that bitcoin is getting higher and higher and that is why we need to rush to get in board before it is too late.
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May 30, 2017, 04:39:04 AM
 #7953

bitcoin is a trend right now..one can gain huge profit buy colleting few coins..its value already overcome of gold..few bitcoin means secure life

It is really popular, that many investors invested in these digital currency. They are hoping for another big pump that will give them a big profit, they also want to ride the wave with bitcoin. Bitcoin is a really inovative currency that will be hitting every countries soon.
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May 30, 2017, 08:59:34 AM
 #7954

I always believe that gold has a big advantage over Bitcoin, of course this is purely my personal opinion. For me Bitcoin This is only a means to make money but I love real money and real jewels.

i agree with you. right now bitcoin has a high value when compared to gold. but then, the mind set of bitcoin fanatics is that, its value is not constant, sometimes its high and sometimes its low or goes down. unlike in gold, we are all aware that it appraises its value as time passes by.
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May 30, 2017, 04:38:29 PM
 #7955

Gold or bitcoin is very good to be a choice in investing. Even for short term, bitcoin is more profitable. Bitcoin can be used for earn profit from trading. from profit trading, we can buy gold.
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May 30, 2017, 07:45:06 PM
 #7956

Regardless of what people like to tell themselves, gold can be very volatile and have major bear markets lasting several years.  The same could be said of any precious metal, especially silver.

Any asset could lose all its value, but all I know is that fiat inherently has no value, while gold and Bitcoin do.  For now, the Bitcoin price will rise as it slows begins to be seen as an alternative to gold which is easier to store and less malleable.

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May 30, 2017, 08:04:20 PM
 #7957

Why do we Choose ? Both Is Thebright Answer , Because Bitcoin and Gold had the role The most important in Economic life..
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May 30, 2017, 08:31:00 PM
 #7958

Gold or bitcoin is very good to be a choice in investing. Even for short term, bitcoin is more profitable. Bitcoin can be used for earn profit from trading. from profit trading, we can buy gold.
In terms of investment in bitcoin you are right and I agree with you that we can get a profit faster but in terms of investment in gold I don't know that why you are suggesting if anyone is earning in bitcoin because everyone know that the price of bitcoin do not increase much faster and if a person earn with bitcoin then he do not need to buy gold anymore.
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May 31, 2017, 01:27:39 AM
 #7959

Why do we Choose ? Both Is Thebright Answer , Because Bitcoin and Gold had the role The most important in Economic life..
If you don't have enough money to buy then you need to choose between those two and yes they are both important in economic life but they are expensive and the only thing that you can do is to choose one and it is good to go for bitcoin because of its fast growing market and price and if you made enough profits from bitcoin then invest some in gold.
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May 31, 2017, 01:33:32 AM
 #7960

Gold or bitcoin is very good to be a choice in investing. Even for short term, bitcoin is more profitable. Bitcoin can be used for earn profit from trading. from profit trading, we can buy gold.
For short-term course bitcoin is more profitable than gold, I think bitcoin is better than gold because it is more profitable and now Japan and South Korea have already legalized bitcoin, so that it can ensure the future of bitcoin.
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