Bitcoin or gold?

[8Habits]

Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.

You need good amount of money to invest both in gold and bitcoin because gold is already expensive as well as bitcoin so it is not very affordable for a person who wants a good investment. Investing in bitcoin alone is a good investment because of the fast price movement and now it seems that it is going up so there is no doubt that bitcoin is better than gold.

Could not agree more. I am just kinda feeling of concern as to how long does the price of bitcoin will still go high. Lots of money are being made. I lost easily 3-4 bitcoins 2 years ago now it worth pretty high..

[syarifbitcoin]

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.

Both is good choice,
Gold for real investment , bitcoin for online investment
If bitcoin prices are rising and gold prices are down I will sell bitcoins to buy gold, and vice versa 

[batang_bitcoin]

Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.

This is what I've been saying that why you need to choose only one if you can choose to have both? And we know that both of it are profitable and that's why, you don't have to choose. You can also make a sequence out of it, like you will have to invest first with bitcoin and when you got profit, go next with gold.

[Vishnu.Reang]

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.

Both is good choice,
Gold for real investment , bitcoin for online investment
If bitcoin prices are rising and gold prices are down I will sell bitcoins to buy gold, and vice versa 

If the gold prices are going down, then why you should purchase gold? The golden rule in investing is not to catch the falling knife. That said, I don't think that the gold prices are going to decline anytime soon. The supply is still not coping up with the demand (especially from India and China).

[malikzfs]

Bitcoin is things gold isn't - Namely a transaction network amongst others.

[zedsacs]

Ofcourse bitcoin, I mean, 5 years is really way too long and i think after 5 years that price of the bitcoin would strike high. So if you are smart, then you would probably choose bitcoin

[Aztek]

I dont have much of wealth, so if i would choose between the more established which is gold or the risky but fast growing currency which is bitcoin, i would go to bitcoin since i dont have much finance. Ill gamble so i could live.

[Lancusters]

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.

Both is good choice,
Gold for real investment , bitcoin for online investment
If bitcoin prices are rising and gold prices are down I will sell bitcoins to buy gold, and vice versa 

If the gold prices are going down, then why you should purchase gold? The golden rule in investing is not to catch the falling knife. That said, I don't think that the gold prices are going to decline anytime soon. The supply is still not coping up with the demand (especially from India and China).

And when you need to catch a knife? When the price goes up? For long-term investment, always buy gold. It is not because someone wants to make more money, but because not all people trust paper money. Bitcoin is so not a stable currency to invest in him for a long time can only be a very desperate people.

[SvenBomvolen]

Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.

That's right. I think many investors have already done like that. Bitcoin is keep going and I think it may bring really good profit even if to buy it with today's price.

[s31joemhar]

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 think for now bitcoin is better than GOLD now i think so
because we are moving on technology life so is better to invest on bitcoin
it is good to keep your GOLD too for the future but bitcoin will be increase
price a huge price after 10years than the GOLD

[ethereumhunter]

Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.

But the gold was not enough to make you become a millionaire just in short time, Like what has done by bitcoin. The stability of gold just like tether in my opinion. A little volatility and the gold dominated by the bank and it looks shady in my opinion. put more on bitcoin will be better.

both can make us become a millionaire but we need to be patience and i think bitcoin have the big chance to help us to become richest person and gold is need a times before we can be rich. i am agree that gold is more stable than bitcoin but the chance to make money is for bitcoin and many people proof this.

[iyan33]

Indeed if we compare between bitcoin and gold then tend to prefer bitcoin because price increase of bitcoin is sometimes faster than gold, and of course bitcoin investment is more profitable, but we are not sure what will happen with bitcoin in the next few years because we do not Having accurate data about bitcoin is certainly different from gold because of its legality and become a good investment in future

[nhd2501]

Very nice thread
Everything we can see, everything we can do Don't worry, maybe in the future this issue can be come true, due But when the rate of Bitcoin stop fluctuating, now we still not sure about it  

[Novun]

Bitcoin and Gold really behave differently at this point. I think in a balanced portfolio you have everything. Stocks, Bitcoin and Gold. Long term all go up but they hedge each other pretty well. When the stock market falls gold goes up for example. Gold is very stable while Bitcoin is volatile. You always want to avoid the extremes.

[Visin]

Ofcourse bitcoin, I mean, 5 years is really way too long and i think after 5 years that price of the bitcoin would strike high. So if you are smart, then you would probably choose bitcoin

I think that you’re being naive. The price of Bitcoin could also go to nothing of value within 5 years. Unlike Bitcoin, Gold is very likely to hold a value in 5 years because it’s used in many things and it also looks nice. Historic items usually have Gold in it so with a historic relic mixed with Gold is likely to have a value as well. Nobody cares about Bitcoin, it’s just a bunch of lines of code and numbers that will fall down one day.

[timerland]

Ofcourse bitcoin, I mean, 5 years is really way too long and i think after 5 years that price of the bitcoin would strike high. So if you are smart, then you would probably choose bitcoin

I think that you’re being naive. The price of Bitcoin could also go to nothing of value within 5 years. Unlike Bitcoin, Gold is very likely to hold a value in 5 years because it’s used in many things and it also looks nice. Historic items usually have Gold in it so with a historic relic mixed with Gold is likely to have a value as well. Nobody cares about Bitcoin, it’s just a bunch of lines of code and numbers that will fall down one day.

I agree with you totally, there are hundreds if not thousands of people who are way too naive or just too blind.
I dont get why so many people here are claiming that bitcoin is something indestructable, something that is eternal and unbeatable.
In fact, if we consider the technology behind BTC it is pretty old: there are cryptocurrencies which provide better technical solutions, but bitcoin has trust all over the world, plus  it is very popular, which makes it so strong.

[fireball4]

Ofcourse bitcoin, I mean, 5 years is really way too long and i think after 5 years that price of the bitcoin would strike high. So if you are smart, then you would probably choose bitcoin

I think that you’re being naive. The price of Bitcoin could also go to nothing of value within 5 years. Unlike Bitcoin, Gold is very likely to hold a value in 5 years because it’s used in many things and it also looks nice. Historic items usually have Gold in it so with a historic relic mixed with Gold is likely to have a value as well. Nobody cares about Bitcoin, it’s just a bunch of lines of code and numbers that will fall down one day.

I agree with you totally, there are hundreds if not thousands of people who are way too naive or just too blind.
I dont get why so many people here are claiming that bitcoin is something indestructable, something that is eternal and unbeatable.
In fact, if we consider the technology behind BTC it is pretty old: there are cryptocurrencies which provide better technical solutions, but bitcoin has trust all over the world, plus  it is very popular, which makes it so strong.

You must be joking, cryptography is impossible to hack, it is impossible to be stolen and stuff if the code is written without any flaws. Bitcoin is the best store of value, that's why bitcoin is currently in the first place also there are tons of speculation that is driving the price up. As for gold it's value basically increases just because of dollar inflation at this point.

[Vikingr]

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.

Both is good choice,
Gold for real investment , bitcoin for online investment
If bitcoin prices are rising and gold prices are down I will sell bitcoins to buy gold, and vice versa 

If the gold prices are going down, then why you should purchase gold? The golden rule in investing is not to catch the falling knife. That said, I don't think that the gold prices are going to decline anytime soon. The supply is still not coping up with the demand (especially from India and China).

I think he typed it wrong while commenting here as a normal rule a person will buy bitcoin when the price of bitcoin rise and gold will down and vice versa. He may want to write that but he done the mistake. as if he will do what he written then he will be fool to lose all of his money.

[richardsNY]

I agree with you totally, there are hundreds if not thousands of people who are way too naive or just too blind.
I dont get why so many people here are claiming that bitcoin is something indestructable, something that is eternal and unbeatable.
In fact, if we consider the technology behind BTC it is pretty old: there are cryptocurrencies which provide better technical solutions, but bitcoin has trust all over the world, plus  it is very popular, which makes it so strong.

Crypto currencies in general have barely any real obstacles to worry about at early stage. Forks happen regularly without any real drama as is the case with Bitcoin. Problems will form at the time they grow as has been the case with Ethereum. Difficulties there have lead to a chain split, which turned out to be a good thing for everyone holding Ethereum. But the point of importance is that people don't, or barely make use of the features that altcoins offer. Another thing that people tend to overlook, is the fact that when altcoins get to experience the same level of usage as Bitcoin, they will end up going through the same problems that Bitcoin is having right now....

[ModGirl]

Why not choose both - Bitcoin and Gold? Good investments are always diversified. Gold have own history, and people trust in stability, but Bitcoin means future and is growing very fast. Combination of this two, can be the best option for investment.

Combination of both of them will be good but if anyone have enough moey to invest in both of them and if anyone have a little money and they want a good profit from that money then they do not need to waste their time in gold and they have to invest in bitcoin because if they will invest in bitcoin then they will earn a high profit while in gold the profit is very slow.