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Author Topic: Bitcoin or gold?  (Read 984412 times)
Joriecoinbit
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December 12, 2017, 03:18:56 AM
 #10021

Gold, hands down

But we know this two is the best wealth in the world, gold and bitcoin. Bitcoin is for trading. I'll go for gold because it is a long term investment, while bitcoin is a short or long term investment. We do not have any assurance if it is short or long term.

I'll also go for Gold. Gold is for a long term investment. I don't really care if I don't earn huge amount of profit in gold for 10 years. At least, I have an assurance that I'll be earning profit in 10 years. Gold has proven it's worth for how many years, gold has been there even during world war. Unlike bitcoin, it's in the process of gaining more popularity. It keeps on fluctuating, so either you earn profit or you'll lose profit in 10 years. Although bitcoin is in its highest peak right now, and will surely let you earn huge amount of profit in a short period of time, still, you can never tell what will happen to bitcoin in the next few months or years. And I'm not that brave enough to take the risk in investing all my wealth in bitcoin for a long years.
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winterland
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December 12, 2017, 06:42:49 PM
 #10022

I chose both. for both is very valuable and the value is very high, but bitcoin is easier I get in the modern way to get my btc balance is indefinite time. so easy. so how to get a lot ...? By mine bitcoin I can take the time to mine bitcoin with a lot. I am looking for the best way to mine it too. it takes patience to mine btc. If you want to improve the balance of the btc wallet, proceed to the mine. Requires patience for professional miners.
Both are good but they follow a different strategy gold is a very conservative investment, it does not give any kind of dividends and it is good to have just in case, in the other hand bitcoin is giving profits almost all years and it is easy to sell and to transport so depending on what you want you can choose one or the other.
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December 12, 2017, 07:00:38 PM
 #10023

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 is smarter to choose bitcoin, the market is growing + the technology is growing + the reputation of cryptocurrencies is getting bigger, in a matter of 10 years I see bitcoin reaching 100k USD or even higher. Invest and wait and you won't regret it.
Calligiato
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December 12, 2017, 08:02:15 PM
 #10024

Just choose any of them but paper.
quantumcat
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December 12, 2017, 08:09:08 PM
 #10025

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 i will choose both. so that i will try which is the best. If I choose both i am in the safe side so I will choose it. Bitcoin and gold are the same there is profit and benefits that can get.

I would do the same for the simple reason; Diversification Smiley

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December 12, 2017, 08:21:04 PM
 #10026

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.
Knowing that, not even 25% of the overall number of Bitcoin have been mined, 10 years is quite not enough to predict that it may dump in the future.

Wait, are you even comparing, you're obviously biased to Gold, are you?

Gold is centralized, therefore it is not volatile, so the profit is quite assuring since it will not dump even 5% of its value right now unlike Bitcoin, it could happen. But then again, let's consider its disadvantage for being centralized, most likely its value will not go up that high in just over a year - compared to Bitcoin.

As for Bitcoin, all in all, it has been its great journey yet. As I have mentioned, considering that not even 1/4 of it was mined, its price would probably go up even more than this year, on the incoming year. Well since it is volatile, although risky, it have a higher chance on gaining value than dumping.

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KluFf
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December 12, 2017, 08:50:42 PM
 #10027

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.
if i got a great amount of money i still prefer to convert it to Bitcoin.
bitcoin is safer than GOLD.
Gold is too risky for the Holdapers if i'm wearing some Gold accessories.
thats why i still prefer BTC . because Even though i'm not doing
anything with my money the price is increasing thats means
i earn Profit

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campica
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December 12, 2017, 09:04:07 PM
 #10028

Short term I will take bitcoin and for long term I will take gold. I'm pretty sure that price of bitcoin will go up atleast next few month , especially now when bitcoin futures start on CBOE Global Markets. It's pretty risky , you never know bitcoin can fall for 50% in one day. That won't happen with gold so maybe better options is invest in gold.

I will say go for : 70% in gold and 30% in bitcoins.
gwaps012
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December 12, 2017, 09:12:36 PM
 #10029

I will choose bitcoin than gold . Because the value of gold is not really good than bitcoin . Bitcoin is so higher value than gold and everyyear the the value of bitcoin get high and higher .
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December 12, 2017, 09:44:01 PM
 #10030

I will choose bitcoin than gold . Because the value of gold is not really good than bitcoin . Bitcoin is so higher value than gold and everyyear the the value of bitcoin get high and higher .

With so big jump of price, Bitcoin looks like much better investment, but the most important in investing is diversification, and only that's why i will choose both. Don't forget guys that Bitcoin still is only an experiment..
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December 12, 2017, 10:10:37 PM
 #10031

Well If I had a huge investment I would choose gold because gold is not just an asset it can be used in medicine, robotics, industry as well as it is the reserve currency for every government.
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December 12, 2017, 10:26:11 PM
 #10032

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 will choose both,i will convert the half in Gold because that's assures me of secured
assets in the future,and i will put the other half in bitcoin so my funds earns because bitcoins
continuous to get higher and my funds surely make profit
kiky03
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December 12, 2017, 10:37:54 PM
 #10033

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.
for now better buy bitcoin and hold it. sure will going to he sun in a few month.
and if hold gold it's takes too long to get some profit..
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December 13, 2017, 12:40:15 AM
 #10034

Both will do but for me gold because it can be a lifetime investment and it's value becomes higher yearly with bitcoins we do not know what will happen in the future

A combination of both the assets will be better. Gold investments are made for very long-term duration, like 10 years or 30 years. On the other hand, Bitcoin investments are not suitable for that much duration, as it is a high-risk digital asset. Initially I started with 50:50 ratio. But due to the price rise, now most of my portfolio is made up of BTC.
I will always prefer bitcoin in place of gold because bitcoin have a very high price and also working with bitcoin is very easy for me because I am earning bitcoin will setting in home and also very secure the bitcoin forum while the rate of gold is very low as compare to bitcoin.
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December 13, 2017, 02:09:50 AM
 #10035

Bitcoin will definitely defeat gold in many ways. From price to potiental.
Maximum people in the past time used gold for trading and investment because at that time it is the high rated and trustable items but now bitcoin is in market and the rate of bitcoin is more and more high than gold so you can make more profit as compare to gold by working with bitcoins.
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December 13, 2017, 04:14:05 AM
 #10036

Investment is like a gamble because it involves taking risks. In my opinion, I think bitcoin is a risk worth taking considering its current price and estimated increase within the next 10 years.

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December 13, 2017, 05:25:57 AM
 #10037

Gold will always be there because its already secured with its long existence in the market but bitcoin is a product of new world the cryptoworld and had proven that it can also withstand what gold had been through in the world economy and market.Both are worthy to own for investment.

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December 13, 2017, 05:54:36 AM
 #10038

Gold will always be there because its already secured with its long existence in the market but bitcoin is a product of new world the cryptoworld and had proven that it can also withstand what gold had been through in the world economy and market.Both are worthy to own for investment.
Yes, I agree on you. Gold before is always be there but right now gold is already faded, But to be honest gold really can secure future life, it is stable but it is really different right this time because gold is not that important right this time. Thats why I really choose bitcoin because it really help us know on how to save and right now, it is very popular, right now it is now our gold. Yes, it is not stable but eventhough it is not stable but we can gain something through this. It really help us support our financial needs and I am really impressed on what bitcoin can really give to us.


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December 13, 2017, 06:26:41 AM
 #10039

I would rather choose bitcoin than gold. Bitcoin can be more profitable for me. Since gold is only there around the world and the bitcoin has only a limited. Bitcoin help me a lot because it is easy for me to earn.
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December 13, 2017, 06:47:44 AM
 #10040

Bitcoin prices too fast to skyrocket, not ending this year but the increase has reached over 1600% may end the year will reach 2000%, while gold price increases of no more than 10% during the year, this being the fact that bitcoin investment is more interesting than gold.


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