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Author Topic: Bitcoin or gold?  (Read 984414 times)
Xenoph0bia
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December 23, 2017, 03:03:24 PM
 #10241

I prefer to invest in bitcoin for period 5-10 years. Gold is safer, but bitcoin very profitable where i can buy more gold later.

I agree with you, Bitcoin is so volatile so it changes it's price every single minute and that is very risky as an investor, but it's negative feature as being volatile is also being used as a positive feature that can attract more investors and users making the price go up. Gold may be safer, but I am willing to ride and uncontrollable wave rather than a slow and safe one.
Gold is safer but the value is growing very slowly. It is also very difficult to protect gold, there is a risk of stealing at home or at work. It's the safest way to keep it in the bank, very useless and unprofitable.

I will choose bitcoin over gold.Bitcoin is the leading cryptocurrency today and all the other altcoins and cryptocurrencies are regulated with respect to bitcoin.The price of bitcoin is very volatile and increases ir decreases on daily basis.Investing in bitcoin is very profitable due to its volatility.Huge returns are received in a short period of time.On the other hand,gold is very stable.Profits from gold are very less.You will gain more profits by keeping bitcoins rather than gold.
4U
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December 23, 2017, 05:23:23 PM
 #10242

Did somebody say bitcoingold? just kidding lol

I guess like the other responses here are to diversify where possible.
I will prefer bitcoin instead of  gold because gold is just valuable metal and it don’t give any profit if you will keep it save or not and bitcoin is good to keep it save bitcoin is always here to help us it never give lose to any one when I keep bitcoin on hold so when its price go high then I sell it and its profit is more than enough for me it make my money double so I think invest in bitcoin not in gold and I try it so may time I always lose in gold.
bib24
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December 23, 2017, 05:37:16 PM
 #10243

I prefer to invest on both. Gold is globally recognized as valuable item and when it comes to bitcoin we can see a great opportunity since we are already on digital era.

cryptosy
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December 23, 2017, 05:39:09 PM
 #10244

I think Gold is for good for a stable,low risk long term investment and bitcoin is good for short time investment and very risky and depends how well international community adapts it
Tungsten-1
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December 23, 2017, 07:39:06 PM
 #10245

Well, it's very simple: gold is for stability (from about 10.000 years...) but it's not a good investment.
So, gold for safety, bitcoin for gain.
If you just want to keep your money safe, then it is better to keep your money in the bank instead of buying gold with that amount of money. However, if you really want to make some good amount of money from the money which you are having, then the best thing to do is to go for investing that money into bitcoin. After that, do nothing but keep on holding your bitcoins for some good period of time.
SlickTight
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December 23, 2017, 09:52:32 PM
 #10246

Gold ofcourse, because bitcoin is for trading votality, not a long term store of wealth. Gold is for long term investment and Bitcoin is for short term investment.
laarni166
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December 23, 2017, 09:56:22 PM
 #10247

I love  gold because i can afford to buy it.  Bitcoins price is very high now.  Difficult to achieve.
pratapadityasi
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December 23, 2017, 09:57:18 PM
 #10248

Bitcoin over gold, the entire life, gold will always have value but doesn't have any more potential than that
icanscript
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December 23, 2017, 09:57:48 PM
 #10249

It is necessary to distribute resources across different baskets. I will choose 50% \ 50%.
If bitcoin costs millions, then half will suffice me.
spasmadness
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December 23, 2017, 09:57:57 PM
 #10250

I think i choose is bitcoin because bitcoin easy to get in the internet whoever gold is very hard because this is a physical to mine a gold and give your life to mine it but bitcoin through internet to mine and 100 percent sure to get it.

I think the same, bitcoin is more reachable, you dont have to move out of your house
Famnant
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December 23, 2017, 10:42:57 PM
 #10251

i think i will invest in both but it will be: 30% for gold and 70% for Bitcoin.  And the Stock of BTC is limited, so the more people are getting in Bitcoin involved the rarer it will be and the greater its price will be, it is just like gold but not something physical that you can touch. 
LightNestling
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December 23, 2017, 11:23:00 PM
 #10252

Bitcoin are the same but in different field. Although gold has its physical representation, bitcoin has its own strength and it is in the crypto world.
Semosuchi Tesongrato
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December 24, 2017, 12:10:29 AM
 #10253

They are two different kind of value store: it's a long discussion, but in two words: gold is the safest thing on the earth, as it works from 5.000 years, but it's not an investment.
Bitcoin is not so sure (what if a nuclear war starts and the net stops?) but it's a much better investment.

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December 24, 2017, 12:23:50 AM
 #10254

I will choose bitcoin of course, bitcoin is good investment nowadays. For next 5 year I strongly believe in bitcoin rather than gold, I think gold price is so stable but if you invest in bitcoin then you can expect a better profits in future as price would be higher in future. So I think investment into bitcoin better than gold.

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December 24, 2017, 04:08:46 PM
 #10255

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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!
But still I am in favor of bitcoin I know today all people who have been in gold investment will not love bitcoin but it is not good to travel straight always they are having time and they should try everything in life. If right now they will buy bitcoin it will make increase in price and will give huge profit but it is not beneficial to lose your money by selling bitcoin at low price and dropping your profit scale.
ansh_848
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December 24, 2017, 04:21:33 PM
 #10256

Gold price is not changing from last 1 month, bitcoin price changes with in lakhs. So you are good enough to make judgement. Bitcoin is good for now.
Dark Sky
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December 24, 2017, 04:48:49 PM
 #10257

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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!
But still I am in favor of bitcoin I know today all people who have been in gold investment will not love bitcoin but it is not good to travel straight always they are having time and they should try everything in life. If right now they will buy bitcoin it will make increase in price and will give huge profit but it is not beneficial to lose your money by selling bitcoin at low price and dropping your profit scale.
If you invest your all money in bitcoin it will very beneficial for you because bitcoin's price going to very high and if you hold your money in bitcoin for long time as five or ten year your profit will more double, but if you invest your all money in gold so maybe it will beneficial for you because gold's price is not going to high as like bitcoin, so bitcoin is better choice for you to invest your money.

randal9
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December 24, 2017, 05:17:44 PM
 #10258

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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!
But still I am in favor of bitcoin I know today all people who have been in gold investment will not love bitcoin but it is not good to travel straight always they are having time and they should try everything in life. If right now they will buy bitcoin it will make increase in price and will give huge profit but it is not beneficial to lose your money by selling bitcoin at low price and dropping your profit scale.
If you invest your all money in bitcoin it will very beneficial for you because bitcoin's price going to very high and if you hold your money in bitcoin for long time as five or ten year your profit will more double, but if you invest your all money in gold so maybe it will beneficial for you because gold's price is not going to high as like bitcoin, so bitcoin is better choice for you to invest your money.
I can't argue...it's pretty obvious that if you invest in bitcoin you will have more money after a while than if you invest in gold...although we certainly can't know what will happen with bitcoin for such a long time...so someone can choose gold, it definitely won't be much cheaper
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December 24, 2017, 05:41:55 PM
 #10259

Gold price is not changing from last 1 month, bitcoin price changes with in lakhs. So you are good enough to make judgement. Bitcoin is good for now.

For some people, stability is the security needed that is why some people will still choose to buy gold rather than bitcoin. It is understandable as most people dont want to put their money in something that could go 50 % lower in one night

I can't argue...it's pretty obvious that if you invest in bitcoin you will have more money after a while than if you invest in gold

Dont forget that you can lose money more than what you used to buy gold as well. Basically it is a double edge sword, however there is a bigger reward if you decide to put in something with bigger risk

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Wayan_Pedjeng
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December 24, 2017, 05:59:52 PM
 #10260

I don't have a problem in choosing gold, but unfortunately I don't get gold from signature campaigns and bounties.  Grin

But here in Indonesia, the government is getting increasingly worried about the proliferation of Bitcoin and the other currencies. I may convert a part of my coin holdings to gold and other assets.
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