Bitcoin vs Gold? Which one you would choose to invest for long term? Why ?

[tiedcoin]

Gold is the best pick for investment though it could change soon. Although Gold is a smart investment asset due to its real value and historical reliability, BTC is also starting to become an option worth investing.
I’d keep a small amount both in my account since these two have great rising potential. 

[BTCEnthusiast2]

Bitcoin will increase in value by 10x or more over the next several years.

Gold will increase by 5x at the most.

Easy decision right.

[CODE200]

We all have different  prospective regarding the investment , be it long term or short term.

 Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.

Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.

So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?

Thanks everyone for taking part in this discussion.

Why would you choose one if you can invest on both? Since both of them have a large price amount it is good to invest on bitcoin and gold. In case one of them drop who have the other option.

[yoseph]

Bitcoin will increase in value by 10x or more over the next several years.

Gold will increase by 5x at the most.

Easy decision right.

With the high volatility of Bitcoins because it's a new currency and it's unpredictability, it would be safe and wise to invest in a stable and secure commodity like gold, because I have noticed that whenever stocks and other investments tends to fail massively, everyone seems to fall back on Gold to help reduce their losses.

[zedicus]

I will go all in for gold.Why?gold is very well established store of value ever since the old days.I trust gold more than bitcoin because bitcoins is still an online commodity.Theres a high chance that bitcoin will die out in the future.Plus that even tho golds value is slowly increasing through years its price growth is sure compared to bitcoin.

[dentolas]

These investments are different... gold is something that will always retain value and due to it's scarcity and increasing use, it will tend to rise in price... it is more of an hedge...
Bitcoin, although it has been a really good investment on the past years, has a track record of serious fluctuations and as it is something new, it has an unpredictable future...
I would have to invest in both, splitting my investment into 2 risk classes 

[Insanity]

Bitcoin and Gold are both great for investment and they have their own purpose. Gold is good for long time investment because the stability and the physical value than Bitcoin. If you are doing a short time investment then I truly suggest that go for Bitcoin especially for its ability to have a higher value on a limited time.

[Vishnu.Reang]

Bitcoin and Gold are both great for investment and they have their own purpose. Gold is good for long time investment because the stability and the physical value than Bitcoin. If you are doing a short time investment then I truly suggest that go for Bitcoin especially for its ability to have a higher value on a limited time.

I can't agree with what you had posted. Bitcoin is not very suitable for short-term investment, as we have seen during the past 1-2 years. If you want good returns from Bitcoin, then you must be ready to hold on to the coins for at least three years. After the ATH was achieved in 2017, almost two years have passed and the prices are yet to recover to those levels.

[Dread Pirate Roberts]

We all have different  prospective regarding the investment , be it long term or short term.

 Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.

Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.

So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?

Thanks everyone for taking part in this discussion.

everyone has a different type characteristic. for people who believe on technology and ready to take a big risk with possibly high return valuebitcoin is the best choice, even though the risks are still high. because no one knows what will happen in the future. but for people who are realistic and don't believe in payment technology and crypto gold isn't bad either. Gold is accepted in all countries.

[voltesbit777]

We all have different  prospective regarding the investment , be it long term or short term.

 Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.

Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.

So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?

Thanks everyone for taking part in this discussion.

As a non-rich person, I would rather invest in Bitcoin than Gold, because with bitcoin you can have a small amount in our pocket. But Gold you can't buy the cheap you have, but at what price it is at the market for what you buy. Just think that for only $ 10 you can buy bitcoin but in gold, you can't buy that value. I mean I can say that bitcoin has no choice over who should buy it.

[Sancho18]

We all have different  prospective regarding the investment , be it long term or short term.

 Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.

Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.

So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?

Thanks everyone for taking part in this discussion.

Of course, my sympathies are more for bitcoin, although my woman definitely prefers gold, and I'm not so stupid as to completely ignore her opinion.

But seriously, gold has something else to its advantage.

[micalith]

No need to make hard choices. Just split your portfolio and get two of them or more. This is called diversification, it is for avoiding risks. Personally, I am a fan of bitcoin buy I might keep some others as well.

[Arsenyo]

Definitely gold. It is a proven and effective investment. Gold market is regulated, while cryptocurrencies and Bitcoin itself still have problems with adoption. The importance of gold and its price only grow over the years, so I would invest in gold with no doubt.

[Expecto]

We can think of Bitcoin as a digital but stronger version of gold. Bitcoin is very new compared to gold. Bitcoin has much more potential when we compare it with gold. Bitcoin already started to get ahead of gold.

[Kizaki]

Gold for sure.I trust gold more than bitcoin because gold is the oldest store of value plus that god is trusted by most of the billionares out there so why not chose the most trusted type of investment rather than risking money to bitcoin if you really wanna profit

[todiboa]

A few months ago, I heard that scammers began to fake gold, and now there are fake gold bars in the gold reserves. This is really the problem of this asset, Bitcoin cannot be faked and blah blah blah. However, the gold is material, it is a necessary metal, it is a value. It seems to me that in the long run gold is more reliable and profitable than anything.

[nutella_11]

Both could be profitable.
It all depends on your personal preferences. I consider investing in gold as a more stable and less risky than investing in the cryptocurrencies. But let's face it: investing in the cryptocurrencies is our future, gold is something more "classic". To me, cryptocurrencies are more interesting than gold... But as I've said - this is all about your preferences.
Moreover, investing in gold is definitely safer to me. There are a lot of scams in the cryptocurrency market.

[kentrolla]

Gold for sure.I trust gold more than bitcoin because gold is the oldest store of value plus that god is trusted by most of the billionares out there so why not chose the most trusted type of investment rather than risking money to bitcoin if you really wanna profit

Well we have really lost count as this topic has been discussed thousands of times in this forum and as you have mentioned most of us will go for gold because we have physical entity when it comes to gold against volatile and digital crypto market but early adopters of bitcoin will vouch for bitcoin itself as we need to look into bigger picture like where bitcoin was 10 years ago and where it is now and where it will be after a decade.

[ivakar]

Moreover, investing in gold is definitely safer to me. There are a lot of scams in the cryptocurrency market.

in case of investments, we can highlight two options

1. safe. no guaranties to earn high profit and high ROI
2. speculative and unsafe. potentially could be lucrative and high ROI, but very risky to loose all

obviously gold is 1st option. it is legal in many countries, banks has special products for gold. and even after WW3 you could exchange your gold for something useful, an AK47 for example 
bitcoin is a second option, any time, any government can say any operation in bitcoin is illegal and by doing so (being an investor ) you may become a criminal, which is not the right way to do business for a investor 

[qwertyup23]

Long-term: GOLD
Short and Long-term: BITCOIN

What makes gold valuable is its inherent nature being a precious material and a limited-supply asset. The continuous demand for gold is determined by the quantity of people who are willing to purchase it at a designated price. In addition, being a tangible investment, there are various uses for gold which would increase its demand overtime.

In bitcoin, although people have disagreements about it being a store-of-value or not, its volatility is what makes it a valuable short or/and long-term asset. Depending on its price, you can purchase/sell depending on the market price or value. Unfortunately, the current state of cryptocurrencies are still shaky which is why a full-wide adoption is yet to be expected.