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Author Topic: Bitcoin or gold?  (Read 984414 times)
sabarr
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October 28, 2017, 08:42:42 AM
 #9461

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 choose bitcoin because the advantages in bitcoin more than gold let alone for a long time
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October 28, 2017, 02:34:30 PM
 #9462

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 personally prefer gold, if you have better bitcoin for sale continue to buy gold for investment, because gold is always valuable if bitcoin could be going down the price, we do not know how the future bitcoin this.If gold has been in the past always in search.
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October 28, 2017, 03:39:47 PM
 #9463

Of course i prefer bitcoin as investment rather than gold. Because it proven that bitcoin is more aggressive in generating profit, even in less than 1 year have seen difference of profit given between bitcoin and gold.

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October 28, 2017, 03:48:57 PM
 #9464

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.
Why not choose both? It is best if you have the two assets because we never really knew what the future holds with bitcoin. It is nice to have gold because it is at least 99.9% sure that you will really gain profit from it but in bitcoin you have that 50-50 chance that you will rejoice in the end because the risk is always there no matter how promising bitcoin is.
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October 28, 2017, 03:51:47 PM
 #9465

Neither that nor another, I would choose several investments of euro, dollar, ruble, hryvnia, Swedish krona, bitcoin, gold and platinum. And I would divide all my finances between them, so it is calmer, if something gets ahead, then something else should collapse under the law of market economy.

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kingntking
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October 28, 2017, 03:58:23 PM
 #9466

I will split my wealth into 2. 1 part is for bitcoin and the other part is gold. In that way you are sure that if ever bitcoin depreciates or the other way around at least you got a backup.
This is really a very good approach but I think otherwise. If we make a comparison in between gold and bitcoin, then I can guarantee you that it will be bitcoin which will be declared as most favorite. The way bitcoin is making its name in the international market, I am very much hopeful that bitcoin holds a very bright future. Investing in bitcoin is something going to be in your favor.

warr1979
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October 28, 2017, 04:07:27 PM
 #9467

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's true that the gold is slow but if for the long term good, because the price tends to be stable. Unlike bitcoins whose prices can go crazy all the time. But all investments in my opinion have a risk of being alone, only we should be smart to minimize the risks
Gold got the accepted from all countries and became the important role in the world's economy.
So, the value of Gold always stable and doesn't have any volatility strongly like Bitcoin after it was stable.
While, Bitcoin is the speculation, its value depends on the faith of the traders in the market, unlike Gold has support from the government.
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October 28, 2017, 04:11:00 PM
 #9468

Bitcoin got much higher protential long term than gold. It's like do you want to invest in apple, microsoft, google, and amazon stocks back then or you want to invest in gold back then.
Actually gold have much stable rates than bitcoin. Bitcoin market is totally fluctuating every time. But this goes in advantage to bitcoin. The prices are totally getting higherevery other day for bitcoin, whereas gold is still in that range of prices from last decade. So, it is better to get yourself indulged in bitcoin as it will be of morepotential than gold in terms of profits for you.


Of course the government controls and helps keep the price of gold stable, but Bitcoin is not under the control of the government, so the price of gold is more stable than bitcoin is correct. However, because of this stability, many people, say exactly are investors and traders do not earn profits from gold, they have turned to investing in Bitcoin, Bitcoin brings a very high profit and potential than gold. Between gold and bitcoin, I think if we have determined the investment is to make a profit, we should invest in bitcoin but if we think investing for fun and want to be safe, gold is the right choice.

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October 28, 2017, 04:35:58 PM
 #9469

Bitcoin and gold is a good investment but I prefer having bitcoin as of the moment because the price growth is faster that gold, I am planning to buy gold though if I will gain profit from my bitcoin.

The market cap of gold is almost 100 times of that of Bitcoin. That means that it is much more difficult to manipulate the gold prices, when compared to the BTC exchange rates. Another factor is the number of users. Gold is being used by more than 1 billion people around the world, while the number of BTC users stand at around 10 million.
Bitcoin is digital gold. INvest your money in bitcoin means invest your money in gold back to the 1800s. Bitcoin will overcome gold and become the most expensive thing on the earth. Gold market cap will be smaller than bitcoin. Mark my words and buy bitcoin whenever you have a chance
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October 28, 2017, 04:38:48 PM
 #9470

Now I will choose bitcoin. This coin brings more profit than gold. Even though the crypto currency is a risk, I am ready to invest all my money in the crypto currency
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October 28, 2017, 04:47:09 PM
 #9471

gold and bitcoin are two worthy investments of your choice, but bitcoins are slightly superior to gold because the bitcoin price increase is faster than gold, so I prefer the bitcoin of gold.

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October 28, 2017, 05:21:31 PM
 #9472

gold and bitcoin are two worthy investments of your choice, but bitcoins are slightly superior to gold because the bitcoin price increase is faster than gold, so I prefer the bitcoin of gold.
Yup now bitcoin people are using it in both ways one is they are using it in trading and another way they are using it as an asset. People are investing on bitcoins and holding it for a long time to make a big profit. So those who know about bitcoin I think they will not show more interest on the gold investment.
onrise
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October 28, 2017, 05:33:05 PM
 #9473

Now I will choose bitcoin. This coin brings more profit than gold. Even though the crypto currency is a risk, I am ready to invest all my money in the crypto currency

Do keep some amount of money in gold as well. If your country has legalized the bitcoin then you can invest in them as well. Else always keep a proportion of money in different financial instruments so that all your risk does not come in one thing itself.

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October 28, 2017, 05:34:48 PM
 #9474

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.
Gold is a better investment to do, there is more people in Gold compared to Bitcoin.

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October 28, 2017, 05:44:02 PM
 #9475

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.
Gold is a better investment to do, there is more people in Gold compared to Bitcoin.
Better investment for what goal? Safety? Growth? Both?

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October 28, 2017, 06:13:50 PM
 #9476

I would invest in both assets,probably 70% in GOLD and 30% in Bitcoin as it(btc) is very volatile and I don`t think it is a very safe investment for long term.Bitcoin is pure money, it does have some advantages over gold.
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October 28, 2017, 06:42:56 PM
 #9477

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.

You can do both in my opinion. But you really need to calculate it trhough and carefully. Bitcoin is growing, i cant deny it, but the value of it is like a rollercoaster. It can give you a fun ride in a short time, but if you are an unlucky person maybe it can gives you a heart attack, haha. What im trying to say is, bitcoin is more like for a short term investment, you can be big in a short time or lose it all in a blink of an eye, because of many factors. While gold, you own the physical things, you can keep it to your personal preference way, and make you feel safe ( well you can keep your bitcoin too but there are so many way to steal it), and gold have a better stability trend in the price aspect, so it is more like a long term investment, so you need to be patient with gold.
Either way, both of the investment, gold or bitcoin, is a good things, what you can do now is to calculate your number for the investment.
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October 28, 2017, 06:55:12 PM
 #9478

Gold as investment had its days of sucess already, it had jumped a lot due to countries start to use is a store of value, bitcoin had already cleaned any possible competition, this year bitcoin had made already 4-5x its value, and as i know there isnt any other investment offering such potencial return into such short period, even market of gold being bigger then the bitcoin, there is a lot space to grow over time.
According to me the person who have a lot of knowledge and experience than that person will select bitcoin because of many reasons and that reasons should be really effective and I know some reasons and they are the price of bitcoin and price of gold which are really different from each other means that bitcoin is more expensive and also many reasons make bitcoin more popular than gold.

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October 28, 2017, 06:56:22 PM
 #9479

Gold as investment had its days of sucess already, it had jumped a lot due to countries start to use is a store of value, bitcoin had already cleaned any possible competition, this year bitcoin had made already 4-5x its value, and as i know there isnt any other investment offering such potencial return into such short period, even market of gold being bigger then the bitcoin, there is a lot space to grow over time.
Thats right. I do not think there are any other investment commodities that can rise several times in such a short time as bitcoin. the more days bitcoin users are growing and of course it is the great potential of bitcoin to have a high price in the future. I think that bitcoin will have a bigger market than gold because seeing the bitcoin function is not just an investment like gold but has many other functions such as currency and so on
If someone ask me to select bitcoin or gold than I will select bitcoin because of features and importance of bitcoin in life and also gold but bitcoin is much better than gold, if we see price of bitcoin grows very high in short time while price of gold does not that’s why I hope that bitcoin will become more expensive than gold.

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Ardenoss
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October 28, 2017, 07:25:45 PM
 #9480

Maybe I'll stick with bitcoin investment in 5 years. Because, I decided to sell gold and replace with bitcoin. As a result, my bitcoin investment has grown more than 10% less than 3 months. Certainly a bigger growth than i invested in gold.
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