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Author Topic: Bitcoin or gold?  (Read 984414 times)
tabas
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July 30, 2017, 11:32:48 PM
 #8521

Although bitcoin is still fairly young, but the value of bitcoin can beat the price of gold, with the increasing demand Bitcoin own prices are known to often experience high fluctuations. Bitcoin or gold both are good if used as an investment tool for the future.

The potential that we can see with bitcoin is very high and it can beat out gold's value very soon. And it's just increasing percentage with it's value yearly so no doubt that bitcoin is going to be a better choice than gold. But still gold's has been existing for years and it will never gets old, this is also one of the best investment.

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July 30, 2017, 11:38:11 PM
 #8522

Both have things they do not have. I think it's good if we are wise before investing in bitcoin or gold. Think of the future not just profit
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July 30, 2017, 11:42:14 PM
Last edit: July 31, 2017, 06:53:59 PM by Zenithar
 #8523

Both have things they do not have. I think it's good if we are wise before investing in bitcoin or gold. Think of the future not just profit
yes no doubt that both have their importance but i think we canot ignore the importance of investment through which we can increase our assets. thouse people who want to make more money they want to invest their money in a good business. i think only those peole who hold  want to hold thier business in a save place then they choose Gold. becasue gold is too god for saving.
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July 30, 2017, 11:48:11 PM
 #8524

I think that money should be kept in gold and in bitcoin. Bitcoin is a good opportunity to earn, but risks are everywhere and you need to keep money in something physical, for example, in gold.
bitcoin is for earning profit , gold for saving balance.




that is a nice suggestion bit what if you select for a thing which will do both? Then opt for bitcoin because bitcoin is doing both of them. If you will put your money in bitcoin then you will earn the profit and your money will also be saved securely.
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July 30, 2017, 11:49:32 PM
 #8525

Gold is more like to save your money, because through the years it has never lost his value, bitcoin is just like an investment, and it is not physical.
on this times, bitcoin would be the best option because it can maximize your profits.
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July 30, 2017, 11:59:01 PM
Last edit: August 01, 2017, 08:18:51 PM by bitbob82
 #8526

I think that money should be kept in gold and in bitcoin. Bitcoin is a good opportunity to earn, but risks are everywhere and you need to keep money in something physical, for example, in gold.
bitcoin is for earning profit , gold for saving balance.




that is a nice suggestion bit what if you select for a thing which will do both? Then opt for bitcoin because bitcoin is doing both of them. If you will put your money in bitcoin then you will earn the profit and your money will also be saved securely.
although i already have a good amount of gold. but i want to invest some money in bitcoin so as to increase my assets, in fact bitcoin has the ablility to increase my assets in a short time that i cannot expect from anyother  day job or business therefore i want to invest more assets in bitcoin investment and get chance to increase my assets more.
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July 31, 2017, 12:33:53 AM
 #8527

In my opinion both are promising investments that each have more value and different course. Depending on us more comfortable investing in where, gold or bitcoin.
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July 31, 2017, 12:47:29 AM
 #8528

In my opinion both are promising investments that each have more value and different course. Depending on us more comfortable investing in where, gold or bitcoin.

Bitcoin is more convincing because it also serves as an actively tradable currency so that the fluctuation is much higher than gold. I chose to sell my gold and concentrate on bitcoin for now.



 

 

 

 

 

 


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July 31, 2017, 12:47:58 AM
 #8529

Gold is definitely not a very profitable market seeing as how it is not a resource that will last forever. BTC seems to be holding up pretty well whereas gold is a lost cause.
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July 31, 2017, 08:09:23 AM
 #8530

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.
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July 31, 2017, 11:37:15 AM
 #8531

Gold is definitely not a very profitable market seeing as how it is not a resource that will last forever. BTC seems to be holding up pretty well whereas gold is a lost cause.

Not sure I'm following your logic here. When you say gold is not a resource that will last forever, are you referring to the belief that there is a very limited amount still able to be mined? Bitcoin is very limited as well in that regards. Or are you saying that gold will eventually just dissolve or rust away or whatever? Because that definitely is not the case as gold doesn't corrode at all. You can beat the hell out of it with a sledgehammer and it is still gold. You can pulverize it into tiny flakes and it is still gold. You can melt it and it is still gold. You can dissolve it into a powder in acid and it is still gold. What about bitcoin? You have your bitcoins saved in a wallet on your computer and your hard drive crashes and you have no backups, your bitcoins are gone. You keep them in an exchange (never a good idea) and someone hacks in and steals them, your bitcoins are gone.

Gold is not a lost cause. If it were, then why are so many governments so heavily invested in gold instead of bitcoin? Bitcoin is great for short term profit, and I guarantee those who were smart enough to get in when the price was below $300 and held are smiling ear-to-ear right now. But that in no way means that someone who buys now will make huge profits. Bitcoin is a high risk investment. Some people may see huge gains, but it could very well crash at any moment. Gold is a physical commodity and is used as a hedge against inflation... a preservation of wealth. The USD could crash, and gold would still have value. Bitcoin could crash, and gold would still have value.

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July 31, 2017, 11:51:11 AM
 #8532

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.
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July 31, 2017, 12:44:57 PM
 #8533

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.

the really wise decision is to buy and invest to both investment vehicles - gold and bitcoin among others. The former is for the long haul while the latter is for short term big gains when you know what you are doing when we talk about trading.
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July 31, 2017, 12:48:50 PM
 #8534

In my opinion both are promising investments that each have more value and different course. Depending on us more comfortable investing in where, gold or bitcoin.

Today many people are diverting their investments into different sectors right now the most promising is GOLD. Gold is always a good investment and at the same time now Bitcoin has become more costliest when compared to Gold. Many people are predicting that Bitcoin will reach to a higher price when compared to Gold.
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July 31, 2017, 12:55:06 PM
 #8535

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.
But you can not gain big profit if you invested in gold for short term while in bitcoin even short term you can make a good income. Gold and bitcoin is good for long term investment but bitcoin is much risky than gold because in gold you have physical that you can hold while bitcoin is pure digital.

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July 31, 2017, 02:19:56 PM
 #8536

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.
But you can not gain big profit if you invested in gold for short term while in bitcoin even short term you can make a good income. Gold and bitcoin is good for long term investment but bitcoin is much risky than gold because in gold you have physical that you can hold while bitcoin is pure digital.

Correct, bitcoin is really a good short term investment where we can potentially get great gains out of the price volatility of bitcoin. We can't just possibly do that with gold unless if we have  a very big capital where even if there is only few price movement, you will income big due to massive investment.
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July 31, 2017, 02:36:54 PM
 #8537

In search profit, i am more interested using bitcoin for trading. Because daily volatility of bitcoin faster than gold. Gold more viable as longterm investment option.

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July 31, 2017, 02:55:23 PM
 #8538

Bitcoins or gold? I would choose bitcoin for this moment, why? eventhough bitcoin has many risk, i put gold at the top when a miner risk its life to mine it. Its a human thing, thats why i choose bitcoin than gold.
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July 31, 2017, 03:06:33 PM
 #8539

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.
I agree, maybe I will also do the same thing. but it may be greater to the gold because of the bitcoin on bitcoin folding many times more profitable while the gold will get a fixed price from year to year. and to invest myself I prefer a bitcoin can be used as a long term investment. Gold will be stored valuables at home which is temporary only.

I also agree. Grin  But maybe you mean that gold will be stored only at home is not the thing because you could buy stocks or buy a share of gold in market not actually having the real gold as jewelry.  But of course jewelry are assets and investment so it would also gives you a profit.  Though you will really make an effort to buy some gold unlike bitcoin wherein you could actually only earn and then invest it.  You could buy gold through the earnings you made through bitcoin.  Anyways I would also go for the investing of bitcoin and gold as these two are real investment.
But you can not gain big profit if you invested in gold for short term while in bitcoin even short term you can make a good income. Gold and bitcoin is good for long term investment but bitcoin is much risky than gold because in gold you have physical that you can hold while bitcoin is pure digital.

Bitcoin is best to inverse your money rather than a gold.Why because, the price of gold is slowly increase year to year or sudden.But in bitcoin the price will increases daily. Yesterday price of bitcoin is 2650$.Today the price of bitcoin is 2771$.For a day ,It's 100$ difference will occur only in bitcoin.
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July 31, 2017, 03:54:11 PM
 #8540

Bitcoin have more volitality then gold thats why i think investment in bitcoin is more profitable then gold .but trade in bitcoin should need experiences because bitcoin have high profit and high risk but its short term inestmet and profitable and gold have longterm investment and low profit low risk.

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