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Author Topic: Bitcoin or gold?  (Read 984414 times)
Jeepney_koh
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February 01, 2018, 10:34:33 AM
 #10801

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 still prefer to invest in gold and keep it for 10 years because I beleieve that the value of gold will not decrease and will just remain as valuable as of now. But, if you ask me not just to keep but also to trade, sell and buy, I would go to Bitcoin because I can sell bitcoin once the price go well and buy again when it decreases.

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Taner1
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February 01, 2018, 10:43:41 AM
 #10802

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'd take the risk and chose Bitcoin because gold will never give such a huge profit.


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February 01, 2018, 07:01:37 PM
 #10803

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.

In my opinion.I think its both is good to hold for a long term if you have a good income to make it hold that two different profits in 5-10 years.no one can say's that bitcoin is been around 5years.it depend on how peoples appreciate the volatility of bitcoin.
I prefer Bitcoin than gold. We can't deny the benefit of both in a long term investment. However, Bitcoin is cheaper than gold and easy to invest, more safety than gold. Gold is a limit resource, it won't exist forever but Bitcoin can exist longer than Gold. Bitcoin is developing day by day and it will be known by all people around the world.
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February 01, 2018, 09:13:15 PM
 #10804

This two investments are good in any way ,i have tried in gold ,for now i want to prefer to invest in bitcoins.

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West0813
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February 01, 2018, 11:15:10 PM
 #10805

For me if i turn all my wealth into bitcoin or gold. I will choose gold. Because gold are more secure than bitcoin. And when it comes to value. The value of gold are more stable. Even if the value of bitcoin is much more higher. Bitcoins value is so volatile. You don't know what will be its value the next day. Because it keeps on moving. And everything that everything that is running online are prone to hackers and scammers.

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LarryHolmes
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February 02, 2018, 12:24:29 AM
 #10806

Both but I'd probably spread it to silver and some other things too. Silver is at a historically low price, it peaked at $50 in 1980 and 2011 and is now at $17 and I think due for a rise over the next few years.

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MeongElek
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February 02, 2018, 01:31:48 AM
 #10807

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 or bitcoin has a very good investment value. But if the investment you are referring to is a long term investment, then I make sure to choose bitcoin investment. I strongly believe every year bitcoin values ​​go up, so many investors are investing BTC. With the limitations of bitcoin availability now, it is likely that in the next 10 years the availability will decrease. This is what makes bitcoin to rise in value. So, invest in bitcoin from now on.

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February 02, 2018, 02:01:23 AM
 #10808

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 will choose between bitcoin and gold, I will choose bitcoin. The price of gold is stable and the price of the bitcoin is volatile. The price of the bitcoin will go up in this following years. So I think it is better if I will choose bitcoin over gold.
Lyne01
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February 02, 2018, 02:39:55 AM
 #10809

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 and Bitcoin are two different things. Gold's value won't decrease, instead, it is increasing from time to time. Gold is gold, even how many years will pass, it will always be valuable and globally accepted by all people. The value will remain valuable, constant. While Bitcoin, we cannot guarantee that it will exist in the next ten years. Its value changes from time to time. Therefore, I would still choose Gold over Bitcoin.

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CherRic
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February 02, 2018, 02:59:18 AM
 #10810

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. Gold is still far better investment than Bitcoin. Gold's value will not change and will always remain valuable and high price. Bitcoin's price always change and we cannot predict its value. in Gold, investing in it will not take risks because you know that its price will keep on increasing from years to years. While in Bitcoin, you need to take risks because you are not sure if your investment will give you profit.
william1135
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February 02, 2018, 03:01:05 AM
 #10811

I already have gold and now I am really interested in buying btc and using it as I think it is easy..
david2303
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February 02, 2018, 04:18:58 AM
 #10812

I am a person who like doing everything easily and fast and Gold is the instrument which is not so easy to use as a payment..
rowel21
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February 02, 2018, 05:54:13 AM
 #10813

Same  thing with a high value so no need to choose but if you own gold the government will give you a big tax for yoyr wealth

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villain24
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February 02, 2018, 06:37:01 AM
 #10814

Probably I will choose both. But more percentage on gold than bitcoin. Gold has higher change of retaining its value that bitcoin.
Raindez316
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February 02, 2018, 06:52:38 AM
 #10815

Gold for stability and security of value. Gold is been there from the start of human age and never been outdated. It has many use in manufacturing industry therefore We can assure the longevity in the market. Bitcoin is somewhat fad, someday it will be replace by better altcoins with has many use in the market.
Md.Sufian
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February 02, 2018, 08:34:04 AM
 #10816

I better bitcoin than gold because the bitcoin time frame for the future is very promising from gold. and gold is not necessarily like bitcoin at the moment even though bitcoin price goes down I prefer bitcoin than gold. So I think almost everyone will choose bitcoin, gold is not the trend of this era, now is the era of Bitcoin. Good job Bitcoin than gold.
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February 02, 2018, 09:06:12 AM
 #10817

Hmm, today definetly gold! Cheesy But in general I still consider BTC as a stronger asset. Yes, volatility is extraordinary high but it is a fair fee for high rates of return.
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February 02, 2018, 10:56:41 AM
 #10818

Is it for long term? You'll never go wrong with gold. Looking for quick, short term profits? Go with crypto, not just bitcoin. Want maximum cash flow? Go with both.
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February 02, 2018, 10:57:54 AM
 #10819

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.

Between gold and bitcoin I prefer bitcoin because it has the potential to keep increasing so it is good for investment. Bitcoin will continue to rise and I will not miss it for a better life change

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February 02, 2018, 12:35:59 PM
 #10820

Hmm, today definetly gold! Cheesy But in general I still consider BTC as a stronger asset. Yes, volatility is extraordinary high but it is a fair fee for high rates of return.
These days, it is better if you choose bitcoin because the price of bitcoin is definitely lower than the previous prices and i think that if you choose bitcoin and hold it for a year then you can see great returns from your investment and that is almost a guaranteed because that is the pattern of bitcoin which it shows heavy correction but heavier bounce back.
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