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Author Topic: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ?  (Read 1554 times)
DabsPoorVersion
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October 09, 2019, 07:26:54 PM
 #141

Why not both? Hehehe..
Every month i always buy gold only to keep value of my money. I think hard if we make gold as investment, because absolutely no growing. Also with bitcoin, but i now buy only small amount of bitcoin. Because i don't think it will long term.
For investment i prefer build business.
Bitcoin or Gold? I prefer Gold to keep my money.
Savings wise gold is practical but investment wise with handling risk properly, bitcoin is more better. The volatile situations can bring decent profits, you need to work with money management and focus in how you will take advantage from this venue of investment. Keep your money from how you believe
that will work from the type of investment attitude that you got.
Investing in gold is practical where you can wait for its value to increase for such a long time, it is the idea for long term investment.
While investing in crypto, you can face a lot of risk depends on the flow of the market, you need to be wise when investing to avoid losing your investment, it is also for long term but your profit depends on how much you can handle the market.


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MathGame
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October 09, 2019, 07:41:11 PM
 #142

In terms of the long term investment, I'll always choose bitcoin because it's more profitable compared to Gold. The people that investest in GOLD are getting 5% to 10% profits a year while the people that invested in bitcoin are getting way beyond that. Bitcoin is more profitable nowadays and gold is more like hedge or insurance these days.
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October 09, 2019, 09:24:52 PM
 #143

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.

Firstly both of them needs patience. Gold is a long-term investment thing. Actually, we can say that for Bitcoin too. Bitcoin is volatile but when it comes to a e.g. bull-run, you can get the reward of your patience. Anyway, I would choose Bitcoin first.

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October 09, 2019, 11:20:36 PM
 #144

Invest with gold and bitcoin is bet investment kind, both bitcoin and hold have many advantage for investing where bitcoin can growing up higher with short time but gold look stable price without worry with gold investment lost your money, but with bitcoin we faced risk when bitcoin price dump and we have waiting for long time to get bitcoin price higher.
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October 11, 2019, 03:04:29 AM
 #145

Gold and bitcoin good for investing if you want get much money soon you ca invest with bitcoin, but if you want hold for long term you can invest your money with gold, gold have consistent price how ever you long with ten year later bitcoin can raising up and never be down, but for bitcoin always have chance to higher and lower price depend how economic world respond with bitcoin.

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October 19, 2019, 09:21:10 AM
 #146

Gold and bitcoin good for investing if you want get much money soon you ca invest with bitcoin, but if you want hold for long term you can invest your money with gold, gold have consistent price how ever you long with ten year later bitcoin can raising up and never be down, but for bitcoin always have chance to higher and lower price depend how economic world respond with bitcoin.
Gold is not the best investment asset. Not as profitable as other assets. But Bitcoin is a good enough asset to invest. I think that 30% of the profit for each year can be obtained.
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October 24, 2019, 03:21:00 AM
 #147

in terms of long-term investment in my opinion bitcoin is better than gold. because bitcoin has volatility if we want to be patient waiting for bulls we will get a big profit. I think gold is more suitable for use as a store of value or wealth. so I have both bitcoin and gold. I use bitcoin as an investment tool and when I get a profit, I will use it to buy gold. because I am afraid that if one day there is a big disaster that makes the electricity network and the internet broke we will not be able to access our bitcoin. I can still depend on gold.

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December 18, 2019, 05:27:08 AM
 #148

Bitcoin is the virtual currency and gold is a ornament. I think Bitcoin is the best long term investment for amazing returns. Bitcoin is better than gold for long term investment.
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December 18, 2019, 05:39:55 AM
 #149

In depends on the purpose of the investors, as a investor who is a risk taker; I prefer bitcoin in long term investment. I'm aware to the risks and the reason why I choose it because the potential reward is too high. Those investor who want safe and secure investment, then they should invest in gold than bitcoin. There money are safe but the rewards that they can get is only low.
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December 18, 2019, 10:03:09 AM
 #150

its not an advice, just opinion. i have bitcoin and i have gold, i dont know who the better if talking about future, but they are have good potential. bitcoin is good for future too, we can evaluate from chart before. and gold is really pure and valuable investment, so it cant disappoint you
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December 18, 2019, 03:19:49 PM
 #151

Between Bitcoin and gold, I would choose to invest in Bitcoin. Because Bitcoin is simply profitable many times more than gold. Gold ranges from a few hundred thousand to several million while Bitcoin can reach several hundred million. If you buy gold and wait for a high price to sell it is not much but Bitcoin is different.
Bitcoin can see your life changing for a year, a month, maybe even a day. If you hold a lot of Bitcoin, when the price of Bitcoin peaks, you will become a billionaire. We all have the right to think about good things.

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December 18, 2019, 04:24:55 PM
 #152

its not an advice, just opinion. i have bitcoin and i have gold, i dont know who the better if talking about future, but they are have good potential. bitcoin is good for future too, we can evaluate from chart before. and gold is really pure and valuable investment, so it cant disappoint you
If you do plan for investment assets that will be determine in a fast pace movements, then bitcoin is much prefer as we seen in a short span of time bitcoin achieved value while with gold assets it's mostly experienced stagnant value will be depend from how you really wanted to pick your time frame with your investment money. Both can bring good results only time matters between your holding periods.
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December 18, 2019, 04:48:48 PM
 #153

its not an advice, just opinion. i have bitcoin and i have gold, i dont know who the better if talking about future, but they are have good potential. bitcoin is good for future too, we can evaluate from chart before. and gold is really pure and valuable investment, so it cant disappoint you
If you do plan for investment assets that will be determine in a fast pace movements, then bitcoin is much prefer as we seen in a short span of time bitcoin achieved value while with gold assets it's mostly experienced stagnant value will be depend from how you really wanted to pick your time frame with your investment money. Both can bring good results only time matters between your holding periods.
I'm go with bitcoin investment than gold investment. Gold are secure investment so I will only gain some percentage in their but the bitcoin investment is a high risk investment and the rewards is so big. Right now the market is still crashed and it is the best opportunities to accumulate many bitcoin as mich as we can. I do not say that it is now the right time to buy, I simply say that if we buy at the lowest dip or the lowest price of the bitcoin then we can earn big in the near future.

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December 18, 2019, 04:55:26 PM
 #154

Gold and bitcoin good for investing if you want get much money soon you ca invest with bitcoin, but if you want hold for long term you can invest your money with gold, gold have consistent price how ever you long with ten year later bitcoin can raising up and never be down, but for bitcoin always have chance to higher and lower price depend how economic world respond with bitcoin.
Gold is not the best investment asset. Not as profitable as other assets. But Bitcoin is a good enough asset to invest. I think that 30% of the profit for each year can be obtained.
gold also good investment for future, indeed gold give the profit as fast such bitcoin but gold is also worth to investment more safely to investment but needed more time than bitcoin. but when you ask i choose gold or bitcoin, honestly i choose bitcoin because can bring more profit with short time than gold and very good to hold in long term

 
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December 18, 2019, 05:17:22 PM
 #155

If I choose long-term investment, I will choose BTC to invest, This market is just beginning and the price of BTC can go up a lot compared to the present. I will take my risk in the future to invest in BTC and make a profit. If I choose to invest gold it is a very safe decision and it gives me very little profit because the price of gold cannot grow strongly.The more risky the decision to invest is, the more profit we will make if it is the right one

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December 18, 2019, 05:21:35 PM
 #156

Depending on what our investment goals, if we are looking for investment safe answer to investing in gold. But if the goal
is to find profit the answer is bitcoin. As I invest to make a big profit, I prefer bitcoin over gold.Because the price of bitcoin
volatility, is make bitcoin more likely to result in faster and greater profits when compared gold.

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December 18, 2019, 06:11:09 PM
 #157

I am depend on bitcoin because since then we can say that it was worth to invest here. I experience on how my money works to gain a profit from a lot of investment to get and to increase the value of my money. In Gold, it was only an asset and there has a lot of time before it would increase but the good about this was the sure profit that you've been.



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Rainbot
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December 18, 2019, 06:14:26 PM
 #158

At the moment, I prefer gold because it is growing steadily in price, but on the other hand, Bitcoin can quickly grow several times, but nothing prevents me from investing in both gold and Bitcoin

iamthewall
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December 19, 2019, 02:16:47 AM
 #159

One has a known total supply, it is divisible, easily spendable and already proven to have real use cases. The other one is just (a beautiful) ornament which most of people go crazy for.
I assume you know my answer  Roll Eyes
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December 19, 2019, 03:02:53 AM
 #160

I am depend on bitcoin because since then we can say that it was worth to invest here. I experience on how my money works to gain a profit from a lot of investment to get and to increase the value of my money. In Gold, it was only an asset and there has a lot of time before it would increase but the good about this was the sure profit that you've been.
Bitcoin is a great investment vehicle, while gold is an highly liquid asset that can be considered as tangible asset. There are many considerations that you need to identify first before you choose between the two. If you want safety of your investment then go with gold but if you want a high risk investment that you can gain big amount of money then go with bitcoin.
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