Bitcoin or gold?

[anume123]

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.

im going to pick that both im going to sell the gold and buy some bitcoin because bitcoin after 10years the price is high than the gold and the bitcoin you can stop for the highest increase of price not like the gold for some other day is stable for current.

[OrangeII]

Maybe this time I prefer the bitcoin rather than gold. It's because today the bitcoin price has a high price, and still has great potential for the price to increase. In addition, bitcoin is also easy to exchange to fiat.

[Duzter]

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.

im going to pick that both im going to sell the gold and buy some bitcoin because bitcoin after 10years the price is high than the gold and the bitcoin you can stop for the highest increase of price not like the gold for some other day is stable for current.

That's true. I personally has encountered the growth of bitcoin over gold by the starting of the year. When the price was staggering around $1200 I invested in gold around $1000. If I have invested into bitcoin now itself I could have gained the profit for my investment.

[Fireblade]

I love bitcoin, but I'll choose gold. Gold has existed for many years and it has the ability to make transactions without the Internet.

I'll choose both, as both are good in terms of investment. While you are holding bitcoin, you can also hold gold. The good thing about gold is you had a confidence that you'll get a decent investment and there's no way for you to get scam, just be careful with the people you'll trust with your gold and the same with bitcoin.

yes there is no doubt that both are good. but if we have too choose only one then I will give preference to bitcoin and not to gold because from gold I have more chances to make money as compare to gold because the price of gold mostly remain as stable while we most observe a great change in the price of bitcoin where we get opportunities to trade bitcoin in low price and then sell it in high.  I am sure that if a person do investment in bitcoin he can really get good profit after some time. so investment is more profitable as compare to investment in Gold.

[Dainye_dyep]

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.

It may be both. Because having gold which has a large amount when sold and converted into money, it has a stable price nowadays in the market. In bitcoin, though its price is unstable or the price varies from time to time, you will have the possibility to gain more or dump. But with that matter, you can see that it has the possibility to grow and we don't know yet that maybe after a couple of years, bitcoin will reach its highest price peak, maybe we can even say that it may cost a million or more.

[Himanshu111]

I would prefer both. Gold is seen as an investment for centuries and it is very stable. On the other hand Bitcoin is the fastest growing investment out there but it is very volatile. An investment made in both will be safe as well as will be very profitable.

[Viyamore]

Maybe this time I prefer the bitcoin rather than gold. It's because today the bitcoin price has a high price, and still has great potential for the price to increase. In addition, bitcoin is also easy to exchange to fiat.

If we compare the potential of bitcoin ,bitcoin is better in generating profits and also its own advantages .In gold it is a good real investment in the future however the price increase is not fast and as you said it is stable increasing its price value .If you have a more bitcoins it is much better. I too choose bitcoins rather than gold.

[SamsungBitcoin]

I would prefer both. Gold is seen as an investment for centuries and it is very stable. On the other hand Bitcoin is the fastest growing investment out there but it is very volatile. An investment made in both will be safe as well as will be very profitable.

I choose only bitcoin since this is the only one i afford to invest because no minimum investment required that is why everytime i have extra money i put it in bitcoin as my investment because i see here the fast progress that will gives high profit for its investors unlike in gold it will need to take more years or decades to earn profit.

[Distinctin]

Maybe this time I prefer the bitcoin rather than gold. It's because today the bitcoin price has a high price, and still has great potential for the price to increase. In addition, bitcoin is also easy to exchange to fiat.

If we compare the potential of bitcoin ,bitcoin is better in generating profits and also its own advantages .In gold it is a good real investment in the future however the price increase is not fast and as you said it is stable increasing its price value .If you have a more bitcoins it is much better. I too choose bitcoins rather than gold.

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

[Netnox]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

[megynacuna]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

Exactly, but among these online commodities, I choose Bitcoin on top as it is the only one that seems to be growing significantly in recent times, gold, silver etc. also grows but they cannot be compared to the volatility of Bitcoin and so I think it's better to choose Bitcoin currently than gold if you're a short term trader like myself.

[ethereumhunter]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

Exactly, but among these online commodities, I choose Bitcoin on top as it is the only one that seems to be growing significantly in recent times, gold, silver etc. also grows but they cannot be compared to the volatility of Bitcoin and so I think it's better to choose Bitcoin currently than gold if you're a short term trader like myself.

i still choose bitcoin than gold because for me, i think its easy to earn bitcoin than gold and beside that, if we want to have gold, we should buy the gold but with bitcoin, we can earn from many source. but if in one day, i have much of money, i think i want to invest my money in gold and save it in my safety box and save it in the bank.

[ocid]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

Exactly, but among these online commodities, I choose Bitcoin on top as it is the only one that seems to be growing significantly in recent times, gold, silver etc. also grows but they cannot be compared to the volatility of Bitcoin and so I think it's better to choose Bitcoin currently than gold if you're a short term trader like myself.

Even the rise in bitcoin prices could be able to exceed the gold price so bitcoin becomes one of the more promising investments compared to gold whose price is always stable even untu rises unlike bitcoin which can soar high in price.

[Ipwich]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

Exactly, but among these online commodities, I choose Bitcoin on top as it is the only one that seems to be growing significantly in recent times, gold, silver etc. also grows but they cannot be compared to the volatility of Bitcoin and so I think it's better to choose Bitcoin currently than gold if you're a short term trader like myself.

Even the rise in bitcoin prices could be able to exceed the gold price so bitcoin becomes one of the more promising investments compared to gold whose price is always stable even untu rises unlike bitcoin which can soar high in price.

In terms of existence gold exist longer compared to bitcoin but bitcoin is getting more popular as it is useful in our daily lives
which we can transact with freedom. It's what the investors are really looking especially the small investors as they can
make consistent income since we can trade it easily unlike gold.

[Sled]

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

Earlier it used to be like that. Gold was available only in the physical form, and the smallest amount one could purchase was 1/32 Oz. But now things have changed. Gold is also available in digital form (ETF funds backed with physical gold), and it is possible to purchase this digital gold in very small quantities.

Exactly, but among these online commodities, I choose Bitcoin on top as it is the only one that seems to be growing significantly in recent times, gold, silver etc. also grows but they cannot be compared to the volatility of Bitcoin and so I think it's better to choose Bitcoin currently than gold if you're a short term trader like myself.

Even the rise in bitcoin prices could be able to exceed the gold price so bitcoin becomes one of the more promising investments compared to gold whose price is always stable even untu rises unlike bitcoin which can soar high in price.

In terms of existence gold exist longer compared to bitcoin but bitcoin is getting more popular as it is useful in our daily lives
which we can transact with freedom. It's what the investors are really looking especially the small investors as they can
make consistent income since we can trade it easily unlike gold.

That is why majority of the people here preferred bitcoin over gold because gold is just like a preservation of our money and then after that there is nothing special while bitcoin is like gold and also it is currency that can be use to buy things and we can easily sell it so we can get the money without having a problem then just cash it out to use the fiat.

[denny27]

Generally i choose both, bitcoins for the something unreal money and gold for something real to me. Both are very meaningful to me i guess. But I prefer bitcoin because it's easy to get it.

[Vishnu.Reang]

Generally i choose both, bitcoins for the something unreal money and gold for something real to me. Both are very meaningful to me i guess. But I prefer bitcoin because it's easy to get it.

Unreal money? Unreal money is something which doesn't have any use. There are a lot of examples, but "hell money" of China comes to my mind. But Bitcoin is not unreal. It is real money. It is having a monetary value, and you can purchase a lot of things using Bitcoin.

[fullypak]

Generally i choose both, bitcoins for the something unreal money and gold for something real to me. Both are very meaningful to me i guess. But I prefer bitcoin because it's easy to get it.

Unreal money? Unreal money is something which doesn't have any use. There are a lot of examples, but "hell money" of China comes to my mind. But Bitcoin is not unreal. It is real money. It is having a monetary value, and you can purchase a lot of things using Bitcoin.

Yes bitcoin has more value than gold. But it is not legal, and we can not buy any things directly to paying with bitcoins. We can sell bitcoins, and with that money, we can buy what ever we want. I agree that gold has more value in share market but the price wise bitcoin has very high volume. Now bitcoin investors also increased more. When the price stables then definitely the gold investors will shit to bitcoin.

[keithers]

I think this is the first time I have visited this thread where BTC has been consistently above 1oz of gold. Despite the fact that bitcoin is on a monster run (despite the pullback this week) I'm still a firm believer in being as diversified as possible.

I like bitcoin better because it's not something you have to physically take up a ton of space with, but I think Gold will always be a consistent store of value no matter what happens with The cryptocurrency world or the economic world in general.

As a payment method, bitcoin obviously trumps gold since you can't shave off a little piece of gold to pay for something.

[speem28]

Maybe this time I prefer the bitcoin rather than gold. It's because today the bitcoin price has a high price, and still has great potential for the price to increase. In addition, bitcoin is also easy to exchange to fiat.

If we compare the potential of bitcoin ,bitcoin is better in generating profits and also its own advantages .In gold it is a good real investment in the future however the price increase is not fast and as you said it is stable increasing its price value .If you have a more bitcoins it is much better. I too choose bitcoins rather than gold.

It's common to us that we will choose bitcoin over gold because we are not a big investors who can afford to invest with gold.
With bitcoin everything will be easy as you can secure you assets online which you do not need to pay a bigger amount like what you
do to secure your gold investment.

I'm also in favor for bitcoin as I see that it has greater potentials than gold. It has been many years since bitcoin has been created and we can see the price hike from time to time. Also, the reason I prefer bitcoin to gold is that it is easier to earn bitcoin than to have a piece of gold and I have sure way to earn bitcoin.