BTC to GOLD

[btcltcdigger]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

[1714876628]

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[1714876628]

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[monineklutak]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

what's wrong with gold? is there any news about gold will experience a drastic increase ?, whereas Bitcoin 2020 will do the halving, is it worth selling and replacing it with gold? I don't think it's not time yet, sir 

[V1saya]

I am really the kind of person that likes diversifying my investments. I invested into real estate, bitcoin and altcoins, stock market and foreign currencies. I am do not have gold but I am not saying no to it. Maybe in the coming months I can buy some. Bitcoin on the other hand is more promising than gold due to halving. And I can feel that there are more positivism on bitcoin. 2020 feels like a good year for bitcoin. So for now, no selling of bitcoins for gold. 

[Assface16678]

I am really the kind of person that likes diversifying my investments. I invested into real estate, bitcoin and altcoins, stock market and foreign currencies. I am do not have gold but I am not saying no to it. Maybe in the coming months I can buy some. Bitcoin on the other hand is more promising than gold due to halving. And I can feel that there are more positivism on bitcoin. 2020 feels like a good year for bitcoin. So for now, no selling of bitcoins for gold. 

It think it is better to trade into a gold because gold has a value not never been change all the time than using the bitcoin if you are looking today at the price of the bitcoin it is low and not profitable than way back 2017 this is the time that the coin is valuable and exceed the amount of the gold, bitcoin has a volatile price it changes every time, and it depends on the whales and like in the market how does the price goes down or up, and this is the downside of the bitcoin, but it has a huge profitable amount if the price is good and reaches over ten thousand dollars, better to invest now to gold if you have an enough bitcoin, gold can give you a lot of money if you trying to sell it because the value of it never goes down instead it goes up when time goes by depends on the rarity.

[NeuroticFish]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

The poll is incorrect, the question doesn't have a good overall yes/no answer.
In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better.
And overall, diversifying by buying both could be even better.

[HeRetiK]

I'd say within limits.

In my opinion both gold and Bitcoin are good hedges against unexpected economic events, but while gold has a significantly longer track record I believe that Bitcoin still has a larger upside potential. Additionally Bitcoin is easier to store and trade and the gold price is not as stable as it's often made out to be.

So in the end I'd mostly treat Bitcoin as a hedge against economic downturns and gold as a failsafe in case Bitcoin is not up for the task.

[Lucius]

I see nothing wrong with investing a portion of your assets in gold, so far it has proven to be a very reliable way to store value, much better than fiat. We can say that gold is a much safer investment with a fairly stable price, but also with less opportunity to earn when compared to Bitcoin.

We can see that gold is mainly something that states buy as financial reserves, but also that in some countries gold still has a traditional value, mainly in the form of jewelry, or some items made of gold. Bitcoin is actually the currency of the younger generation, something that attracts people between the ages of 18-40, and the term digital gold is actually something that describes it in some way.

What's better, a 1 BTC or gold in that value? In my opinion, it is much better (though riskier) to have 1 BTC, but it is far safer to have gold if we want stability and slow growth. Perhaps the best solution is to have both, so the risk is reduced and we have insurance in case something goes wrong.

[aioc]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Yes why not, but only a small portion of it, we need diversification, and gold is a good investment to divert some of our portfolios, maybe 80% to 20% is a good portion, I still have a strong belief in Bitcoin so Bitcoin should comprise a bulk of our portfolio, especially at this time when halving is coming.

[InvoKing]

Gold is one of the best way to convert your money in a safe place, however no one can grant you a big earning in long term. Meanwhile with bitcoin you still can experience a good rise in the price in the near future.

[Oilacris]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Why not?

If im that financially capable or stabled then i would consider on investing some parts of my money with gold.
We know its worth and its possible long term profits that it might give yet this had been here since the beginning of time.

You can diversify as you like and i dont know whose gonna just reject gold investment.

[Ucy]

Ofcourse. Both have their advantages and disadvantages. Gold can be used without the internet... though it would be a problem to carry around expensive gold especially internationally. Bitcoin won't do very without the internet but it's easy to carry with you no matter the amount. 

 So, it's better to diversify as much as possible than having everything in one basket. It's better to have alternatives savings just incase the unpleasant happens to others.  It's good you said "some" and not all or most.

[batang_bitcoin]

Why not? it's a no brainer decision. What asset bitcoin is being compared until to this date? it's with gold and bitcoin is called as the digital gold so you can stack as much as you want. It's a very known investment and powerful countries have invested into that venture. If you have heard about 'gold reserve' you'll get the idea that it's also a good asset.

i dont know whose gonna just reject gold investment.

No one and same goes for bitcoin.  

[panganib999]

Well, I'd suppose if you're actually a safety first person, Invest in gold. At least, when everything goes to hell, there's something you can fall back to. If you have the money, trade both, stack both and hodl both. I doubt anyone would actually refuse any investment when it comes to gold and BTC after all. I'd honestly prefer a 60-40 or 70-30 percent on both of them, with the latter being gold. BTC is still going off and investing bigger to it is a lot better when comparing to gold which has stagnated for quite a while now. Plus, we're in trading to profit, so why wouldn't we take BTC as the larger part of investment when BTC is a huge thing right now?

[onyek16M]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

honestly no, convert some of  BTC to GOLD is not good idea.. Bitcoin is more  promising to hold for long time investment, indeed now bitcoin  is look not good but see the history of bitcoin, bitcoin is best investment if you hold for long time you can take more profit than you choose and hold Gold for your investment because gold has a little rise in each years.

[The Sceptical Chymist]

is there any news about gold will experience a drastic increase ?

Hell no there isn't, and even if you read those so-called news articles telling you gold is overdue for a bull market, don't believe them.  If you go to coinflation.com you'll see all sorts of articles written by gold bugs and/or sponsored by gold dealers, and they've all said the same thing for years, that gold is the only true money, you need to own it, blah blah blah.

I wouldn't trade any bitcoin for gold or silver right now, and probably wouldn't ever.  Whether the halving is going to produce another bull run or not, I have a feeling bitcoin is going to increase whereas gold is probably going to tread water indefinitely. 

We can say that gold is a much safer investment with a fairly stable price, but also with less opportunity to earn when compared to Bitcoin.

Exactly, I couldn't have said it better myself.  If you don't want your investment to grow, buy gold.  If you want to make a profit given enough time, buy bitcoin.

[Ayiranorea]

For people who wants no growth or profit out of the investment can buy gold with the bitcoin. The growth of bitcoin and gold has a big difference. Gold gives a very minimal growth compared to bitcoin that varies with a big margin. Same time here with bitcoin there is big risk of losing the capital while this risk isn't there with gold as there is no big volatility.

[jrrsparkles]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

No,for me.

Gold has stable price but we can't say its actually giving good returns while stacking so one who has lot of money should go with gold bars but not for the crypto users because they are here for something extra ordinary ROI while holding bitcoin.

Although future prediction of gold says,the price will be constant until 2023 so be smart and find something which gives returns than constant value.

[avatar_kiyoshi]

I will not convert BTC to Gold right now, especially halving time is comes nearly.
I heard Gold price will continue rise at the end of this year until the next Feb, trade war between US vs China is the reason why.
But i choose Bitcoin halving of course.

[sovie]

I am pro bitcoin but I am not too much excited about bitcoin. I have due respect for Gold and other commodities also. Gold is trusted as a valuable asset for centuries and even in today's world its more worthy then bitcoin. We need to realistic about bitcoin, its a valuable investment asset also but don't think that there is nothing else in the world greater then bitcoin.

[slashz9]

of course why should doubt that gold has been around a long time, even though now digital currencies are being developed will not make gold lost or desirable.
many say crypto will be the future for currencies and investment vehicles, but I also think gold will still be in demand even though crypto will become bigger.

[webtricks]

I wouldn't trade any bitcoin for gold or silver right now, and probably wouldn't ever.  Whether the halving is going to produce another bull run or not, I have a feeling bitcoin is going to increase whereas gold is probably going to tread water indefinitely. 

Same here. I don't know why would someone trade Bitcoin for Gold, both of these don't even belong to same 'risk/return' class. If someone makes investment smartly or take advice from some broker or portfolio manager, he/she should know that a balance portfolio must include an adequate share of high-risk high return securities like Bitcoin, medium risk/return like equity market and gold and low risk/return securities like debt funds and bank deposits.

Taking money out of Bitcoin and putting that into Gold means you are either investing arbitrarily or you disrupting your well-settled portfolio. Bitcoin and Gold are not inter-changeable securities.

We can say that gold is a much safer investment with a fairly stable price, but also with less opportunity to earn when compared to Bitcoin.

Exactly, I couldn't have said it better myself.  If you don't want your investment to grow, buy gold.  If you want to make a profit given enough time, buy bitcoin.

I don't agree with your words. Gold is proven investment and has its own rate of market return and price arc. It is wrong to compare it with Bitcoin. Gold has grown around 60% in last 4 years. I have some gold bonds in my portfolio and they are among my best performing assets in last 3 years.

[TinaK]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

we are seeing many scam projects coming to the market and saying that they are having good investment opportunity to invest on BTC back to with gold and their tokens.
As a investor we need to be very safe while investing on earth at the same time if that works well I will go with BTC to gold without any issues.

[MWesterweele]

I am really the kind of person that likes diversifying my investments. I invested into real estate, bitcoin and altcoins, stock market and foreign currencies. I am do not have gold but I am not saying no to it. Maybe in the coming months I can buy some. Bitcoin on the other hand is more promising than gold due to halving. And I can feel that there are more positivism on bitcoin. 2020 feels like a good year for bitcoin. So for now, no selling of bitcoins for gold.  

It will be a good investment if you will put some of your bitcoin into gold, gold is not a bad investment, it has a great value also, it can be trade and sell worldwide, as time goes by , the price of it is increases also so I think you may consider gold as one of your investment aside from altcoins and bitcoin. I will buy some gold when I sold my altcoins next year, gold is a very good investment, although it is too expensive also per karat.

[TastyChillySauce00]

of course why should doubt that gold has been around a long time, even though now digital currencies are being developed will not make gold lost or desirable.
many say crypto will be the future for currencies and investment vehicles, but I also think gold will still be in demand even though crypto will become bigger.

Gold is more like a resort of wealth in the mind of many people. When it comes to gold, people don't consider it a mere precious metal but they have their belief that gold is the safest option to save their money from any crisis so stacking it is no brainer honestly, I will just follow the flow and enjoy the liquidity as well as having some portion of my money goes into BTC, though converting BTC to gold at this time being is not a bad idea either.

[Getmon]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I voted for yes. It is not bad at all if you divide your investment between two of the most trusted store of value of the time. In fact, if we take a look at the track record of gold there is really no reason to fear about its value falling down. It does not easily happen. Since the time when civilizations started to develop, gold is already something that has value. So I guess it is even better not to focus solely on Bitcoin.

[Negotiation]

bitcoin is best not gold because bitcoin will give you good profit and you can earn more money then the gold bitcoin is the future of the world and gold rates are not pumping like bitcoin and not make good money 2020 feels like a good year for bitcoin  So for now no selling of bitcoins for gold.

[alicecrowl966]

Gold is a good store of value but actually in stable times it generates almost zero income

[TRONTON]

bitcoin is best not gold because bitcoin will give you good profit and you can earn more money then the gold bitcoin is the future of the world and gold rates are not pumping like bitcoin and not make good money 2020 feels like a good year for bitcoin  So for now no selling of bitcoins for gold.

gold provides something safer and more comfortable, although the rate of increase is slow, but legal. I chose yes, but I have set it in a different investment source with separate capital.

For BTC, I remain focused on the opportunity and also all the risks. We are even still only speculating about what will happen to BTC starting next year, not something that is very certain. Staking btc is better in this regard.

[Murat]

Why not? you can't ignore the value of gold around the existing world, If you compare Gold with Bitcoin, then obviously, gold must be preferable to Bitcoin because of the credibility and acceptability to the local market and international market, wherever you go you must get a proper value when you have gold, but you can't do when you have Bitcoin, So the market is the vital issue regarding this way, but for the long-run investment on Gold, I think it's not a good idea, For me, Gold should be used for the short term investment.

[mu_enrico]

Wow, this OP is my former bounty manager in the early days of my account. Sadly, the majority of the tokens turned into shit. It's definitely a lesson learned for me.
With this in mind, converting BTC to gold is way better than converting BTC to shitcoin. Gold has less volatility and can be used as a "limited" hedging instrument.

[senin]

For people who wants no growth or profit out of the investment can buy gold with the bitcoin. The growth of bitcoin and gold has a big difference. Gold gives a very minimal growth compared to bitcoin that varies with a big margin. Same time here with bitcoin there is big risk of losing the capital while this risk isn't there with gold as there is no big volatility.

This, in fact, is the main difference between gold and bitcoin for an investor. If you need to ensure the safety of funds from inflation, then gold is better, and if you really need profit and you are ready to take risks, then in this situation, bitcoin is more suitable. At the same time, I doubt very much that in practice, many are faced with this choice, and not only because of bitcoin, but also about gold. Neither I nor my friends invested their money in gold. There are many other varieties and opportunities for profit and protect your savings from inflation.

[drlukacs]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

buy gold and buy bitcoin are in 2 different categories. For those who want to buy gold, they certainly want to hold their assets safely and without any strong growth in the long run. And for those who want to buy bitcoin, we can see their ambition of getting rich quickly. I think I would buy bitcoins instead of gold. The reason is because I want to get rich during my youngest age and be ready to fight this manipulating market. but I still have some belief that bitcoin can grow back to $ 50k or $ 60k in the future. Sharks will soon push prices up.

[jostorres]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Gold is a good investment, based on what I have heard but I have not invested in it before. Bitcoin (BTC) is my first investment and that's mainly what I have been investing in with a few altcoins. If you're talking about saving your value for a long time with gold, well, there's nothing wrong with that because it is a stable investment and unlike Bitcoin it does not fluctuate a lot. But I like Bitcoin and right now I have no plans of investing in any other stock or assets.

We can say that gold is a much safer investment with a fairly stable price, but also with less opportunity to earn when compared to Bitcoin.

Even I am aware of that "safer" feature of gold, I like to invest with bitcoin alone because it's an asset that you can store on your device and other apps (mobile wallets) that you can use to access it easily, like Blockchain, Xapo and the rest of them. Gold is not like that, I have researched if there is any mobile that lets users invest in gold and hold it, but there is none. There used to be BitGold, but now they are no more.

[riso2015]

Of course if you want to maintain the value of your investment assets, then you better exchange BTC to gold. Yeah the value of gold is always stable unlike Bitcoin which is always volatile price so you can quickly become rich or poor. And also gold is loved by all levels of society so that we can easily buy/sell.

[dewin]

Gold is much safer when it comes to storing it, on the other hand, BTC is more like long term investment

[bettercrypto]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Every person has their own perspective on what is better for them as an investment. It carries different point of view on how do we choose and decide. Maybe it is a win-win game for bitcoin in my part but not in others. They want to stack gold.
If you want to convert btc to gold then it is good since it is valuable. But take a look at different views from bitcoin and weigh both parties of which will be good for long run.

[dimox]

some people will said that bitcoin is better than gold, and vice versa. for me, this two have their own advantage, i store gold and i have bitcoin. maybe the one is not useful for now, but we never know at the end? and maybe the other is very useful for now, but we never know at the end.

[kapalmabur]

Wow, this OP is my former bounty manager in the early days of my account. Sadly, the majority of the tokens turned into shit. It's definitely a lesson learned for me.
With this in mind, converting BTC to gold is way better than converting BTC to shitcoin. Gold has less volatility and can be used as a "limited" hedging instrument.

who do you mean about shitcoin? Are coins other than Bitcoin? haha, you surely know how the movement prices  of gold in the market, an increase of only 1-2% is good for gold, but if you exchange it to shitcoin you mean if you don't analyze it wrong I'm sure you will get 20-100% maybe, lots altcoin is starting to crawl up, Waves, XTZ, ATOM, TOMO, etc., this is a cycle, the altcoin season is coming soon

[Lucius]

I don't agree with your words. Gold is proven investment and has its own rate of market return and price arc. It is wrong to compare it with Bitcoin. Gold has grown around 60% in last 4 years. I have some gold bonds in my portfolio and they are among my best performing assets in last 3 years.

I agree that there is no need to compare gold and Bitcoin, these are two completely different things. I just looked at the history of gold over the past 100 years and price per ounce in 1915 was $495, today is $1468. I know the numbers do not reflect everything that has happened in the past 100 years, but we can conclude that the value of gold in the past 105 years has increased by only $1000. It is also important to emphasize that gold had its peak in 1980 when the price reached $2200 per ounce.

Bitcoin is just 10 years old, and in that time no matter what some will disagree, it is one of the best assets (maybe even the best). Gold has a relatively stable price today, but it is not free from major declines (from 1980 to 2000 gold lost almost $2000 in value per ounce), which can always be repeated. Bitcoin, on the other hand, has constant growth that outpaces everything else, and that includes gold.


https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

[Yatsan]

Both have the same advantages and disadvantages, but generally speaking, if you are not rich better focus on bitcoin because whenever you need money, the bitcoin is there and ready to withdraw, unlike gold. Bitcoin is very accessible and hassle free from buying and selling so I will go with bitcoin.
So here's my conclusion if you are an average person that has average money invest in bitcoin and if you are a little bit richer than an average person the invest in both.

[Maus0728]

We cannot agree more that these two are great investments. But if we are going to analyze that the price action of bitcoin we can say that it is maybe being manipulated by people who has a higher financial capacity which makes people go crazy if they see that the bitcoins price is increasing exponentially compared to gold which can lead to a market fraud.

I am not against bitcoin, but this is the only thing I am afraid of..

Gold and bitcoin are both considered as a speculative type of investment and we cannot easily determine what are the factors that drives their volatility. I considered bitcoin as a high risk high reward investment while gold is low risk but also a high reward investment...their only difference how much time you can wait..

[CarnagexD]

some people will said that bitcoin is better than gold, and vice versa. for me, this two have their own advantage, i store gold and i have bitcoin. maybe the one is not useful for now, but we never know at the end? and maybe the other is very useful for now, but we never know at the end.

Well each and every people varies in terms of preference in storing value and uniting of account so it really depends on what a particular person thinks of what is most secured and assured. But personally if I were asked what is more beneficial I'd say bitcoin of course coz it is considered a new economy class without making it less with its given risk. Also bitcoin offers a lot compared to gold since bitcoin is used on buying and selling, trading and payment means.

[killerfrost]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Until now, it's better to buy BTC, gold is currently stable and there is no strong increase in price. But BTC is coming to an important event that is halving, and its price will certainly have a very strong volatility. I have bought gold since 2018 and maybe next time I will sell gold and buy BTC to hold

[Blitzboy]

Until now, it's better to buy BTC, gold is currently stable and there is no strong increase in price. But BTC is coming to an important event that is halving, and its price will certainly have a very strong volatility. I have bought gold since 2018 and maybe next time I will sell gold and buy BTC to hold

I don't think so, even though bitcoin used to be very high in value, it was just a boom. For me, both bitcoin and gold are real value at the moment. However, I believe that bitcoin has a slight advantage. Bitcoin is technical, it is used more and more and more popular. Meanwhile, gold is just an aesthetic metal, not too many advantages to compete.

[dothebeats]

It's never really a bad idea to convert some of your holdings to gold knowing that the precious metal hasn't lost much of its value over time and is accepted as a currency wherever you are in the world, provided that you have the documents to prove your ownership of it. That's the only hassle of it, that and where you would store it. If you have that sorted out, then you're all set and you don't have to worry about massive devaluation of your assets over time.

It's always best to diversify though you need to carefully choose which assets will you be placing your money on.

[Clement Kaliyar]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?
Feel free to elaborate your answer.

I might convert some bitcoin to gold after reaching my target but not anytime soon,  gold is a solid investment but i am not expecting a massive rally in gold anytime soon, if there is an economic crisis then we might see a rally in the price of gold and the next two years there is a high chance of seeing a bitcoin rally because halving is taking place next year and everyone have their own prediction on how long the rally will go and i do not want to miss that.

[abhiseshakana]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Do not put eggs in one basket. Each has positive and negative values depending on the user and investment objectives. In essence, the investment principle that must be noted is never to put all of your money into one type of investment. Even though an investment looks better and tempting, you should not put all your money and property into only one of these investment assets. Set aside a portion of your money for other investments.

Bitcoin is a new technology that is seen as going to revolutionize the financial world. Although Bitcoin was originally seen as a technology for payment, many people have used Bitcoin as an investment instrument because of its volatile prices. In contrast to gold which is used as a protective instrument of wealth. Bitcoin can function as a protective instrument of wealth as well as an instrument of enhancing wealth

In my opinion, bitcoin is supported by blockchain technology at this time is an investment choice that suits the era, the era of financial technology. Something that is trending and booming, of course, the rotation is consistent and the volume is significantly coupled with fluctuating values, of course, very suitable to be used as an investment tool.

[deisik]

This question has been asked 10 zillion times

Bitcoin and gold are at the opposite ends of an investment spectrum. People invest in cryptocurrencies (Bitcoin included) in order to multiply their wealth, while investing in physical gold is more about preserving one's wealth (provided there is some wealth worthy of preserving)

The point is, the people investing in Bitcoin and the people investing in gold are two very different groups of investors. In more practical terms, this typically means there are not that many investors who belong to these two groups at the same time as there are a multitude of investment options in between

[SummerBliss]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Many people will that it's bitcoin vs gold because there have been like thousands of threads around that but bitcoin is not going to replace gold in anyway so if btc price is booming gold too is going to boom in case of any market crashes just like it used to boom earlier. Gold has a history of thousand year and will be in the future of thousand years until we find a more precious metal. Gold get's it value from the self satisfaction and dignity that comes after owning it.

[MI6]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

To split my investment, maybe i will think about it. But if must replace bitcoin to gold, i will not think about it. Because what can really fit for my investment now is bitcoin. Gold although price tend to increased, maybe not really flexible like bitcoin and we can sell our bitcoin anytime. With that and any other reasons, i pick on bitcoin investment.

[barota]

in my opinion investing in bitcoin better than investing in gold . it seem that prices of gold stable; despite changement of prices bitcoin every time but this is the nature of stock . bitcoin have good chance for become way of fast exchange and buy  sell between traders of all world in the future

[elisabetheva]

Both have the same advantages and disadvantages, but generally speaking, if you are not rich better focus on bitcoin because whenever you need money, the bitcoin is there and ready to withdraw, unlike gold. Bitcoin is very accessible and hassle free from buying and selling so I will go with bitcoin.
So here's my conclusion if you are an average person that has average money invest in bitcoin and if you are a little bit richer than an average person the invest in both.

Agree strongly with what you say that it is clear that it is easier to do bitcoin transactions compared to gold. not how to sell is also certainly easier with bitcoin and the value obtained when successfully rising is certainly very promising bitcoin compared to gold.
investment is better with bitcoin because it's clear that the increase is very tempting compared to gold that is not too high. so the conclusion is better holding bitcoin and not need to change to gold.

[Karmakid]

It is a good idea to convert bitcoin to gold if you want to preserve your profits or wealth for long term. Gold is a slow moving asset for me and it is more on a store of value for our money rather than an asset that will bring good returns in a year. Bitcoin is still better in my opinion because of the volatility that can bring big profits in a shorter period of time.

[mu_enrico]

lots altcoin is starting to crawl up, Waves, XTZ, ATOM, TOMO, etc., this is a cycle, the altcoin season is coming soon

Source:
https://coinmarketcap.com/
https://imgflip.com/memegenerator

[crossabdd]

like the phrase "don't put all the eggs in one basket. if it falls, everything will break" so in my opinion it is good to buy gold with some of the BTC it has. investment in the digital world is held. and investment in the real world is also held. So investment is balanced.

[Pamadar]

like the phrase "don't put all the eggs in one basket. if it falls, everything will break" so in my opinion it is good to buy gold with some of the BTC it has. investment in the digital world is held. and investment in the real world is also held. So investment is balanced.

Managing your assets are very important, if OP have good amount of BTC and willing to look for other options, buying gold is good for long term
unlike bitcoin where volatility is very high and with heavy fluctuations it can hurt your investment right away, most of the case if you need and emergency
funds while bitcoin value still down, gold have small price movements in such emergency you can pawn or sell it out with the value not far from your original investment.

[Eclipse26]

I wouldn't say no because gold is valuable and it doesn't depreciate (unless there are other circumstances) but the value of gold don't easily depreciate, meaning it will be valuable for an unlimited useful life. So basically, investing in gold is also worth it. If you really want to make sure you'll have an asset after a long time, gold is a good option since Bitcoin is very volatile where there's no assurance of its value in the future.

[Mometaskers]

It really depends on what assets you currently have and when you intend to buy. Because currently people are anticipating a rise on bitcoin price due to halving and even if that is just a speculation it don't hurt to hold.

Probably if that happens then you can sell off your bitcoins first and use some of the profits to buy gold. As most here agree, it's better to have both. Personally I'd rather have more bitcoin than gold simply due to gold not as liquid.

[deisik]

like the phrase "don't put all the eggs in one basket. if it falls, everything will break" so in my opinion it is good to buy gold with some of the BTC it has. investment in the digital world is held. and investment in the real world is also held. So investment is balanced

Physical gold is cumbersome in so many respects

First of all, you should understand that if you are buying gold (say, gold coins) on a pretty regular basis, it will quickly become known around, and probably not to the people that you would really want to be aware of your buying habits. So help yourself to guns and ammo as well, and be ready to use them if such a need arises (which it will one day)

Further, apart from knowing where to buy gold (as this is only one side to the equation), you should also know where to sell it without suffering too much a discount (which is a given), and still more so in case of an emergency situation since this is why you are going to buy gold in the first place (as otherwise there are better investment options)

Personally I'd rather have more bitcoin than gold simply due to gold not as liquid

You can look into gold derivatives (aka paper gold) if you don't want the usual hassles of holding physical gold

[Cherylstar86]

I am pro bitcoin but I am not too much excited about bitcoin. I have due respect for Gold and other commodities also. Gold is trusted as a valuable asset for centuries and even in today's world its more worthy then bitcoin. We need to realistic about bitcoin, its a valuable investment asset also but don't think that there is nothing else in the world greater then bitcoin.

We all know that bitcoin is so volatile in which you can invest it for now and can be have a huge profit in the future. On the other hand gold is somehow a good investment but it takes too much time to wait when it comes to increase. Thus, both is profitable but the most challenging part on it is to wait and extend your patience as much as possible.

[OrangeII]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

actually I aim to collect gold. it's just that I don't have the necessary funds, so I use bitcoin and altcoin for that. but, as far as I'm familiar with bitcoin and altcoin, the more I love this and try to pile up bitcoin and altcoin too. Yeah, but if there's a chance to have gold, I'll take it. so far, my plan is only to wait for the bitcoin pump, and if the price is as expected, I might sell it and buy some gold.

[Aying]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

For me, gold is a good investment concurrent with btc or if I have excess btc I will buy some gold to hodl for long term investment. if we have gold we don't need to be afraid if btc price goes down because we have gold as our option if we loss our investment in btc. and also, gold prices is still not that bad and the prices will much higher in the future.

[Mometaskers]

Personally I'd rather have more bitcoin than gold simply due to gold not as liquid

You can look into gold derivatives (aka paper gold) if you don't want the usual hassles of holding physical gold

I actually don't own gold currently, just like most people I know. My savings are in crypto and cash mostly.

I heard about derivatives but they seem to be not common in my country, I can't even find enough information online. I like the idea of holding physical gold but I think they're much trouble storing and guarding. It'll probably be the last type of asset I'll acquire.

[msarro]

I dont think selling gold for bitcoin is a good option these days. We are seeing a constant decline in bitocin price and it may go down to unknown price. So better keep your gold with you as its proven asset for centuries. Its very risky to exchnage gold with bitcoin.

[Dart18]

More like fiat but in commodity type.
We are still saving up until now fiat money right? Either with banks or just at home putting a piggy bank or whatever container you want to put it into.

That is also the case of gold for me.
I am buying more of that.
Somewhere in the near future there will be nothing to be mined and then what?
It will be one of rare things in this world which will have a greater demand. Yeah, I am sure of that.

[deisik]

Personally I'd rather have more bitcoin than gold simply due to gold not as liquid

You can look into gold derivatives (aka paper gold) if you don't want the usual hassles of holding physical gold

I actually don't own gold currently, just like most people I know. My savings are in crypto and cash mostly.

I heard about derivatives but they seem to be not common in my country, I can't even find enough information online. I like the idea of holding physical gold but I think they're much trouble storing and guarding. It'll probably be the last type of asset I'll acquire

Holding a few gold coins is probably not that bad an idea on its own

But it makes sense only if you intend to keep them for life as a means of last resort only, and then pass the coins to the next generation provided you really are into this thing and don't have to sell these coins in case of an extreme necessity. Paper gold typically refers to gold mutual funds, futures and options as well as investment instruments like unallocated metal accounts that many banks offer their clients

[imstillthebest]

I dont think selling gold for bitcoin is a good option these days. We are seeing a constant decline in bitocin price and it may go down to unknown price. So better keep your gold with you as its proven asset for centuries. Its very risky to exchnage gold with bitcoin.

if you have both gold and btc and you need money thesedays your best option would be selling your gold because gold does not decline too much and you would earn some profits by hodling gold already but btc these days have fallen too much . best for btc is to hodl  .

  exchanging gold to btc is risky but as long as you pick the right time to exchange you will be fine  . btc is risky but once it pumped up you will be able to earn much compare to what youll be getting with your  gold  .

[FairUser]

I still keep some money for myself to use for the necessities. I don't invest 100% of all my money in BTC and Altcoin because if I invest all my money in cryptocurrencies it will be difficult to sell them when I have a problem to solve. Prices may drop and I would lose money if I sold them at that time. Keeping some gold or cash for yourself is a good idea

[alexsandria]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

They are both good. But as for long term I would rather go for bitcoin. Bitcoin price from the start comparing it for today is totally far different from each other. And I would be totally surprised if bitcoin 10 years from now on if it not 5 times or even 10 times greater from its currently price. And it would make you millionaire with just patience.

[longyenthanh]

I dont think selling gold for bitcoin is a good option these days. We are seeing a constant decline in bitocin price and it may go down to unknown price. So better keep your gold with you as its proven asset for centuries. Its very risky to exchnage gold with bitcoin.

if you have both gold and btc and you need money thesedays your best option would be selling your gold because gold does not decline too much and you would earn some profits by hodling gold already but btc these days have fallen too much . best for btc is to hodl  .

  exchanging gold to btc is risky but as long as you pick the right time to exchange you will be fine  . btc is risky but once it pumped up you will be able to earn much compare to what youll be getting with your  gold  .

The right time to enter the bitcoin market is about to come or maybe it's already here.
Fortune always favors the bold. One has to take the risk to get the benefit. If we keep on thinking bad about bitcoin future and its price voltality, we will be only spectator in the next coming bull run.

[Amel]

I am pro bitcoin but I am not too much excited about bitcoin. I have due respect for Gold and other commodities also. Gold is trusted as a valuable asset for centuries and even in today's world its more worthy then bitcoin. We need to realistic about bitcoin, its a valuable investment asset also but don't think that there is nothing else in the world greater then bitcoin.

We all know that bitcoin is so volatile in which you can invest it for now and can be have a huge profit in the future. On the other hand gold is somehow a good investment but it takes too much time to wait when it comes to increase. Thus, both is profitable but the most challenging part on it is to wait and extend your patience as much as possible.

Both are equally beneficial but cannot be equated, that's what people need to know. Most of them equate the two, whereas gold and bitcoin will never be the same when viewed from various aspects.

The best choice is, like where we like it, if we like gold then buy gold if we like the bitcoin system then buy bitcoin or buy both. And one more thing, gold and bitcoin are not up for debate.

[BitcoinTurk]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I answered no on the survey but I would like to comment on the incident from two different perspectives.
The first point of view will be all about the return on investment. Nowadays, gold has become an investment instrument that does not offer a lot of profit opportunities. Although Bitcoin has a volatile structure, it offers the opportunity to obtain more returns with sufficient transactions. For this reason, I would like to evaluate my investments with Bitcoin, not gold.
The second perspective will be with a single perspective that will create a portfolio system with a single capital. If I did not have any extra resources other than the existing capital, I would prefer to invest my money evenly or proportionally in two investment instruments.

[diazepam666]

you have cleared cash with you and you want to back with something means you can always goes to gold and make the investment based on that elss if you have fund and cryptocurrencies then and BTC investment and ethereum are the good choice to start with.

If I am in your situation I will always goes to gold since the market growth will not break for any reason.

[Triffin]

I still keep some money for myself to use for the necessities. I don't invest 100% of all my money in BTC and Altcoin because if I invest all my money in cryptocurrencies it will be difficult to sell them when I have a problem to solve. Prices may drop and I would lose money if I sold them at that time. Keeping some gold or cash for yourself is a good idea

Yeah this is really good not invest all your money into bitcoin. If you will invest all into crypto you will put some in risk if you want to earn from crypto you will have to gain knowledge about it. As the more you will invest in bitcoin it will make your future safe and you will be able to get security against your rainy days of future.

[veleten]

maybe , I would consider converting some bitcoins to gold if I wanted to create a basket of currencies to hedge my investment risks
but my strategy doesn't include holding safer assets like gold , I prefer high risk high reward
bitcoin fits perfectly and if I spend some I rebuy it , but not gold
one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

[1Referee]

one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

I too initially thought it would be hard to sell Gold quickly, but I'm kinda surprised by how many places you can actually sell it to. The only difference is how close to spot the different places will offer for your Gold. Generally, the prices are 1-5% below spot, where in some cases you can actually get spot if you for example have an in-demand Gold bar from a brand like Perth Mint with its assay case intact.

Bitcoin can be sold at any moment on an exchange without leaving the house, but you don't have the fiat in your bank account. To do so you have to request a withdrawal of your fiat which could take a couple of days. Selling Gold to one of the many places near you yields direct cash.

[HarmonyA]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

It is good idea to buy Gold when you what your money not to fall below its current value.
Historically, Gold is a precious stone whose value has been stable in growth without the investors losing out.
So, the idea of buying Gold is an idea of preserving the value of your money for a long period of time while increasing the value.
Even now, cryptocurrency have helped us to have digital gold whose growth is equivalent to real Gold.

[Mometaskers]

Personally I'd rather have more bitcoin than gold simply due to gold not as liquid

You can look into gold derivatives (aka paper gold) if you don't want the usual hassles of holding physical gold

I actually don't own gold currently, just like most people I know. My savings are in crypto and cash mostly.

I heard about derivatives but they seem to be not common in my country, I can't even find enough information online. I like the idea of holding physical gold but I think they're much trouble storing and guarding. It'll probably be the last type of asset I'll acquire

Holding a few gold coins is probably not that bad an idea on its own

But it makes sense only if you intend to keep them for life as a means of last resort only, and then pass the coins to the next generation provided you really are into this thing and don't have to sell these coins in case of an extreme necessity. Paper gold typically refers to gold mutual funds, futures and options as well as investment instruments like unallocated metal accounts that many banks offer their clients

Yes maybe just a few coins but that's still way far in my future. So far the only one I've tested in the bank is uitf and I don't think that it's that great. I could have just went loanshark and lent that money. 

I still like the idea of having a small stash so it's probably something I'd work towards when I get more stable.

[ultrloa]

I still keep some money for myself to use for the necessities. I don't invest 100% of all my money in BTC and Altcoin because if I invest all my money in cryptocurrencies it will be difficult to sell them when I have a problem to solve. Prices may drop and I would lose money if I sold them at that time. Keeping some gold or cash for yourself is a good idea

Yeah this is really good not invest all your money into bitcoin. If you will invest all into crypto you will put some in risk if you want to earn from crypto you will have to gain knowledge about it. As the more you will invest in bitcoin it will make your future safe and you will be able to get security against your rainy days of future.

For the current condition of bitcoins provably we can say that it's really not good to invest all our money for it but if you aim to get a good result in future for sure bitcoin is one reliable option for this since we all know that bitcoins give huge % of gains for it's investors for the past years and you will be lucky if we will experience the great pump times again, and remember many people became millionaire because of bitcoins that's why it's still worth it to go with it. But if you are not a risk taker then it's better to go with the gold although the percentage of profit is not as fast with bitcoin but still it's reliable for passive investment.

[veleten]

one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

I too initially thought it would be hard to sell Gold quickly, but I'm kinda surprised by how many places you can actually sell it to. The only difference is how close to spot the different places will offer for your Gold. Generally, the prices are 1-5% below spot, where in some cases you can actually get spot if you for example have an in-demand Gold bar from a brand like Perth Mint with its assay case intact.

Bitcoin can be sold at any moment on an exchange without leaving the house, but you don't have the fiat in your bank account. To do so you have to request a withdrawal of your fiat which could take a couple of days. Selling Gold to one of the many places near you yields direct cash.

a good point , maybe I should look into gold further
I haven't tried to sell it for quite some time and was convinced it would be a drag
and yeah fiat and banks can be a pain in the neck with the clearance times , unless you are willing to accept low rates and use one of the exchangers
they process it faster and usually the money is on my card in under a day

[TheUltraElite]

It is good idea to buy Gold when you what your money not to fall below its current value.

Lets just say that it is good to keep some of your assets in the traditional markets like gold because they will exist in future and have a lot of advantages than keeping the money in banks.

Historically, Gold is a precious stone whose value has been stable in growth without the investors losing out.

Gold is precious "metal" not stone.
Value has changed a lot since its starting of use in barter. It fluctuates everyday and is nowhere near stable. Also it does not mean that keeping money in gold will nullify losses.

So, the idea of buying Gold is an idea of preserving the value of your money for a long period of time while increasing the value.

Cant make out your words here. Are you using a translator to post? Price of gold will increase in future and that makes it popular, if that is what you meant.

Even now, cryptocurrency have helped us to have digital gold whose growth is equivalent to real Gold.

A wrong statement again. Digital gold is just a nickname that people have given to bitcoin. The real digital gold would a tokenised version of gold backed by real gold. Like a goldETF or what the Xaurum token has done.

[TitanGEL]

one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

I too initially thought it would be hard to sell Gold quickly, but I'm kinda surprised by how many places you can actually sell it to. The only difference is how close to spot the different places will offer for your Gold. Generally, the prices are 1-5% below spot, where in some cases you can actually get spot if you for example have an in-demand Gold bar from a brand like Perth Mint with its assay case intact.

Bitcoin can be sold at any moment on an exchange without leaving the house, but you don't have the fiat in your bank account. To do so you have to request a withdrawal of your fiat which could take a couple of days. Selling Gold to one of the many places near you yields direct cash.

a good point , maybe I should look into gold further
I haven't tried to sell it for quite some time and was convinced it would be a drag
and yeah fiat and banks can be a pain in the neck with the clearance times , unless you are willing to accept low rates and use one of the exchangers
they process it faster and usually the money is on my card in under a day

GOLD is considered as god's money because even in primitive time gold is valuable. Even now gold is becoming more expensive and the demand to it is continuing to grow. There are a lot of differences between bitcoin and gold. The bitcoin investment is more risky and it considered as speculative asset because its price is so volatile. The gold investment is secured investment but the gain that you can earn is low because of being secured where the risks are only low.

[piebeyb]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

not a bad idea to turn bitcoin into gold because I have written this in my notes going forward, to be honest that is my goal maybe when bitcoin reaches the new ATH in 2021, if that happens I will sell some to buy gold to add some of my collection of assets later

[AicecreaME]

This is a terrible idea, with the bitcoin's price we have now converting it to fiat to buy some gold, I don't think so, same like you buy high and sell low, same stuff. It would not be bad if you are going to do this when the market is in bull run, convert some of your bitcoin then buy some gold to have something that is stable and the price is not going to go down drastically like bitcoin and other cryptocurrency.

The problem of having a gold is that it could be stolen easily if you are not good at hiding it in your house, you could put it in the bank but not a really good idea after all, for me.

[imons]

I would exchange my BTC to GOLD only if: 1) Btc is going too low and I have too much value in it
2) I have multiplied my value 3x so I'm afraid to lose it all away (and Btc is too risky to hold in)
And also you should consider fact that GOLD is hitting highest price for the last 5 years at least.

[tambok]

I would exchange my BTC to GOLD only if: 1) Btc is going too low and I have too much value in it
2) I have multiplied my value 3x so I'm afraid to lose it all away (and Btc is too risky to hold in)
And also you should consider fact that GOLD is hitting highest price for the last 5 years at least.

That's what I will do to in case that the Bitcoin will be dump, will convert it to gold too. Anyway, if given the chance let's buy gold too as it is the future assets too that will not fade rather than investing in a car which will depreciate in value, so invest in Bitcoin, gold, real estate and not to the properties that will change in value.

[Visbay]

We cannot agree more that these two are great investments. But if we are going to analyze that the price action of bitcoin we can say that it is maybe being manipulated by people who has a higher financial capacity which makes people go crazy if they see that the bitcoins price is increasing exponentially compared to gold which can lead to a market fraud.

I am not against bitcoin, but this is the only thing I am afraid of..

Gold and bitcoin are both considered as a speculative type of investment and we cannot easily determine what are the factors that drives their volatility. I considered bitcoin as a high risk high reward investment while gold is low risk but also a high reward investment...their only difference how much time you can wait..

Strongly agree with you Gold and bitcoin have the same advantages and disadvantages but investing are not the same we should know the difference as you said we can sell our bitcoin any time it will give us profit but selling gold gives lose I have never won profit from selling my gold jewelry. It's good or we should say it’s best to invest your money in bitcoin only.

[henrybek3]

Does it make sense to buy bitcoins or buy gold? I don't think we have to choose between the two. Because we can invest in both. Gold is a more stable investment tool Bitcoin is a complete thrill storm. Bitcoin may appeal to people. But it makes sense to buy Gold.

[RooseveltOah]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I do believe it’s a great idea to stack both gold and bitcoin, bitcoin hasn’t proven itself in a recession yet, which is possibly coming, yet gold has for a very long time.

[TheUltraElite]

This is a terrible idea, with the bitcoin's price we have now converting it to fiat to buy some gold, I don't think so, same like you buy high and sell low, same stuff.

It would be better to buy gold with fiat at this price dont you think? Save up bitcoin, dont spend it now that the price is low. Its the time to buy bitcoin as well.

It would not be bad if you are going to do this when the market is in bull run, convert some of your bitcoin then buy some gold to have something that is stable and the price is not going to go down drastically like bitcoin and other cryptocurrency.

Hedging the bitcoin for gold? I would suggest that but not 100% conversion though. You would want to keep some bitcoin in hand and convert the rest to gold for future. Other precious metals are also good to look into if you have time.

The problem of having a gold is that it could be stolen easily if you are not good at hiding it in your house, you could put it in the bank but not a really good idea after all, for me.

You could get a vault at your bank. I know its one of the downsides of a physical asset being of value, but it is important to keep gold because it is the thing that you would give to your next generation for inheritance apart from fiat money and if it permits, bitcoin.

[sana54210]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Bitcoin is good and Gold is good, but the interest you will earn from Bitcoin is more than what you will make in Gold. If you invested in Bitcoin last decade, by now you have made a lot of money, but if it's gold you wouldn't have made that much because the percentage is less compared to BTC. Only from 2016 to 2017 would have been a good investment.

There's still nothing wrong with gold, you can invest in it. Gold is a good investment and has been a store of value for a lot of people. The price is stable and unlike Bitcoin, it is not highly volatile. You can invest in it and still have peace of mind. Right now the only assets I have are Bitcoin and Lands. I have once invested in gold, in 2016, and I sold it around November of that year for closely the same amount I bought at.

[meliodas]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Bitcoin is good and Gold is good, but the interest you will earn from Bitcoin is more than what you will make in Gold. If you invested in Bitcoin last decade, by now you have made a lot of money, but if it's gold you wouldn't have made that much because the percentage is less compared to BTC. Only from 2016 to 2017 would have been a good investment.

There's still nothing wrong with gold, you can invest in it. Gold is a good investment and has been a store of value for a lot of people. The price is stable and unlike Bitcoin, it is not highly volatile. You can invest in it and still have peace of mind. Right now the only assets I have are Bitcoin and Lands. I have once invested in gold, in 2016, and I sold it around November of that year for closely the same amount I bought at.

At the end of the day, it is still depend on the investor if he want a fast moving asset or a conservative type of asset that can bring a mediocre return per year. I agree that they are both good investment but in the long term basis, I will still go for bitcoin because of the potential of its market to grow because majority of the people in this world are still skeptical to bitcoin, so there is still a lot of room to fill for bitcoin.

[Webetcoins]

one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

I too initially thought it would be hard to sell Gold quickly, but I'm kinda surprised by how many places you can actually sell it to. The only difference is how close to spot the different places will offer for your Gold. Generally, the prices are 1-5% below spot, where in some cases you can actually get spot if you for example have an in-demand Gold bar from a brand like Perth Mint with its assay case intact.

Bitcoin can be sold at any moment on an exchange without leaving the house, but you don't have the fiat in your bank account. To do so you have to request a withdrawal of your fiat which could take a couple of days. Selling Gold to one of the many places near you yields direct cash.

a good point , maybe I should look into gold further
I haven't tried to sell it for quite some time and was convinced it would be a drag
and yeah fiat and banks can be a pain in the neck with the clearance times , unless you are willing to accept low rates and use one of the exchangers
they process it faster and usually the money is on my card in under a day

GOLD is considered as god's money because even in primitive time gold is valuable. Even now gold is becoming more expensive and the demand to it is continuing to grow. There are a lot of differences between bitcoin and gold. The bitcoin investment is more risky and it considered as speculative asset because its price is so volatile. The gold investment is secured investment but the gain that you can earn is low because of being secured where the risks are only low.

Gold was used in ancient times because they were not having all those facilities that we have these days or else plastic money would have been popular back then. This is totally ridiculous to compare bitcoin with gold because both are totally different in nature. Gold is no more used as investment. It is refrained to jewelry but bitcoin is latest currency and is highly used for transactions. Bitcoin has higher profit rate.

[Karmakid]

one more inconvenience in holding gold , it is harder to sell it fast at a a good price if you need money immediately
bitcoin could be volatile as hell , but at least I can sell it any time of a day in a matter of seconds without leaving the comfort of my home

I too initially thought it would be hard to sell Gold quickly, but I'm kinda surprised by how many places you can actually sell it to. The only difference is how close to spot the different places will offer for your Gold. Generally, the prices are 1-5% below spot, where in some cases you can actually get spot if you for example have an in-demand Gold bar from a brand like Perth Mint with its assay case intact.

Bitcoin can be sold at any moment on an exchange without leaving the house, but you don't have the fiat in your bank account. To do so you have to request a withdrawal of your fiat which could take a couple of days. Selling Gold to one of the many places near you yields direct cash.

a good point , maybe I should look into gold further
I haven't tried to sell it for quite some time and was convinced it would be a drag
and yeah fiat and banks can be a pain in the neck with the clearance times , unless you are willing to accept low rates and use one of the exchangers
they process it faster and usually the money is on my card in under a day

GOLD is considered as god's money because even in primitive time gold is valuable. Even now gold is becoming more expensive and the demand to it is continuing to grow. There are a lot of differences between bitcoin and gold. The bitcoin investment is more risky and it considered as speculative asset because its price is so volatile. The gold investment is secured investment but the gain that you can earn is low because of being secured where the risks are only low.

Gold was used in ancient times because they were not having all those facilities that we have these days or else plastic money would have been popular back then. This is totally ridiculous to compare bitcoin with gold because both are totally different in nature. Gold is no more used as investment. It is refrained to jewelry but bitcoin is latest currency and is highly used for transactions. Bitcoin has higher profit rate.

Gold as a limited supply and it is not that easy to acquire pure gold. With that being said, gold is still investment because it has a price and demand in the market and you can see at the chart of gold that it has an inclining price and if you buy gold and hold it for a few years then you will probably get some return. Additional, gold outperformed most of the commodities in the stock market.

[Rengga Jati]

I think it is no problem if you have an idea to convert some BTC to Gold. It means you want to divesify your assets, and make sure not to expect everything in a single investment only. It is normal and it is your own assets, so everything depends on you. But I must critize for people that stated Bitcoin investment has no good future. They are not sure about it but why they are here! lol

[Pearls Before Swine]

Ack, the gold issue yet again.

I wouldn't sell my beautiful bitcoin to buy gold, not even now when bitcoin is getting slaughtered by the market.  Now is the best time to be buying bitcoin, not gold.  I could see it if I wanted a nice gold chain or something of the like, but not as an investment. 

Every time I see bitcoin dropping in price, I see more profit potential and don't get discouraged even if I *do* get a little disappointed.  You gotta be willing to buy something when its low.  Bitcoin's pretty low, whereas gold is not.  That might be a matter of opinion, but I do think gold is overvalued when it's around $1500.

[verita1]

The GOLD can be part of any portfolio. In fact, I have seen that it has been incorporated into some wallets such as NEXO and Uphold. At a time when the price of Bitcoin falls there are several reactions that lead to finding some way to protect money. Whether acquiring Stablecoins, Altcoins, investing in GOLD everything that allows diversifying the portfolio. "The GOLD is money" I can definitely be sure that it is a great alternative to keep the secure money but as we well know Bitcoin falls and when it goes up. It seems we forgot when we lost because of the low price.

[TheUltraElite]

The GOLD can be part of any portfolio.

It can be and it is in majority of the pre-minnenial era.

In fact, I have seen that it has been incorporated into some wallets such as NEXO and Uphold.

Thats interesting. Are they allowing users to take loans using gold as collateral?

At a time when the price of Bitcoin falls there are several reactions that lead to finding some way to protect money. Whether acquiring Stablecoins, Altcoins, investing in GOLD everything that allows diversifying the portfolio.

Too much diversification is again discouraged. We can classify these assets as crypto and non-crypto. The stablecoins come under crypto and thus increase the crypto part of the portfolio. I would not recommend that. Keeping the crypto portfolio to the only few coins that are worthy for long term should be the holders goal.

"The GOLD is money" I can definitely be sure that it is a great alternative to keep the secure money but as we well know Bitcoin falls and when it goes up. It seems we forgot when we lost because of the low price.

Gold is even more volatile. But do people care? No. Because of the long term value of gold and its acceptance anywhere in the world.

[Teraboy]

Does it make sense to buy bitcoins or buy gold? I don't think we have to choose between the two. Because we can invest in both. Gold is a more stable investment tool Bitcoin is a complete thrill storm. Bitcoin may appeal to people. But it makes sense to buy Gold.

Yes it does and why bitcoin. Gold is not so stable as you said and bitcoin is also making sense too. When it comes to the investment and there will be the two choices for that and for the first:
1. It will come to the stable invesment that you will not expect a high volatility to increase your investment or holding
2. the high volatility investment just like bitcoin that can bring you capital benefit when it was increasing on its price.

Both make sense to be bough by anyone but the person who wanna buy them must know what's the purpose of buy bitcoin or gold.

[bering]

I don't have gold and only having bitcoin currently although bitcoin lately facing worst situations because the price seems fall for each day but i don't have any plan to buy gold using my bitcoin and it because i still have faith to bitcoin that in the future bitcoin will give me more benefit than other investment tools so for time being i do not want to convert my bitcoin to gold

[btcltcdigger]

I don't have gold and only having bitcoin currently although bitcoin lately facing worst situations because the price seems fall for each day but i don't have any plan to buy gold using my bitcoin and it because i still have faith to bitcoin that in the future bitcoin will give me more benefit than other investment tools so for time being i do not want to convert my bitcoin to gold

This is fair.
And it's true, bitcoin's volatility does offer more chance for bigger gains than gold.

Personally, i try to take small portion of everything i earn (job, trading, bounty, etc..) and convert it to gold.
It's piece here and piece there, but after months/years it can accumulate to a considerable amount.

[Shimmiry]

I don't have gold and only having bitcoin currently although bitcoin lately facing worst situations because the price seems fall for each day but i don't have any plan to buy gold using my bitcoin and it because i still have faith to bitcoin that in the future bitcoin will give me more benefit than other investment tools so for time being i do not want to convert my bitcoin to gold

It was a good idea if you are trying to convert the price of your bitcoin to gold because the cost of the bitcoin is volatile it changes every time even it becomes stable in two days the price will change soon. The amount of bitcoin today is not profitable. The cost of gold is also reasonable, but this has a fixed rate, and sometimes it increases depends on the rarity of the gold and how many grams it has. If you are trying to plan to buy a bar of gold using your cryptocurrency, it is a good idea and then tries to hold the gold until it becomes profitable too. If we are talking about the long term profit, they are both valuable, because in bitcoin the price goes down and goes up again. Still, it takes a lot of time before you earn a lot on this, in gold is the same but the price of gold is going too expensive every time and depends on the rarity of it.

[barabarian1]

in my opinion saving our wealth in the form of gold is not a bad thing. because the value of gold also continues to increase every year. besides investing in bitcoin I also invest in gold. when I make a profit from bitcoin trading I always take some of that profit to buy gold. I chose gold because gold is always acceptable everywhere and its value also tends to increase. but of course in terms of bitcoin investment benefits can provide more benefits than gold.

[sayaya17]

It actually doesn't hurt to invest in gold but not now to buy it. Because now everyone on crypto is focused on planting his capital in Bitcoin, especially now the price of bitcoin is getting down, maybe many people today buy Bitcoins rather than gold, because after this decline bitcoin will rise, especially there is news will is halving. So I'm also currently in focus in bitcoins. Maybe another time I would think of buying gold.

[verita1]

In fact, I have seen that it has been incorporated into some wallets such as NEXO and Uphold.

Thats interesting. Are they allowing users to take loans using gold as collateral?

Thanks for your reply! I really appreciate it! I was creating my first portfolio and the first reference I had was NEXO and Uphold, Of which I decided on NEXO. I have seen that the loan system is based on a series of cryptos that are at the top of the cryptocurrency market, which gave me a lot of interest.

What I saw on the NEXO platform was about PAX Gold, a digital token in the Ethereum blockchain.
https://medium.com/nexo/nexo-now-accepts-tokenized-gold-for-instant-credit-lines-and-will-offer-interest-bearing-accounts-7e29fea3fad

And about Uphold how it works hold real precious metals
https://support.uphold.com/hc/en-us/sections/200666385-Precious-Metals

[BartS]

in my opinion saving our wealth in the form of gold is not a bad thing. because the value of gold also continues to increase every year. besides investing in bitcoin I also invest in gold. when I make a profit from bitcoin trading I always take some of that profit to buy gold. I chose gold because gold is always acceptable everywhere and its value also tends to increase. but of course in terms of bitcoin investment benefits can provide more benefits than gold.

It really depends on what are your goals, bitcoin is many times more volatile than gold and depending on the level of your wealth this can be good or bad, if you already have a lot of money and the only purpose of your investment is to try to keep most of it and if possible to earn some profits then gold is by far the best choice.

But if you are like most of us and you are not satisfied with your level of wealth and your main purpose for investing in anything is to obtain as many profits as possible then it doesn't seem to be a good idea to convert your bitcoin to gold when you can obtain more profits with bitcoin.

[barabarian1]

in my opinion saving our wealth in the form of gold is not a bad thing. because the value of gold also continues to increase every year. besides investing in bitcoin I also invest in gold. when I make a profit from bitcoin trading I always take some of that profit to buy gold. I chose gold because gold is always acceptable everywhere and its value also tends to increase. but of course in terms of bitcoin investment benefits can provide more benefits than gold.

It really depends on what are your goals, bitcoin is many times more volatile than gold and depending on the level of your wealth this can be good or bad, if you already have a lot of money and the only purpose of your investment is to try to keep most of it and if possible to earn some profits then gold is by far the best choice.

But if you are like most of us and you are not satisfied with your level of wealth and your main purpose for investing in anything is to obtain as many profits as possible then it doesn't seem to be a good idea to convert your bitcoin to gold when you can obtain more profits with bitcoin.

I have never changed my bitcoin to gold. I wrote earlier that when I profit from bitcoin trading I will use part of the profits to buy gold. because I am afraid in the future if something bad happens, for example when the world experiences a major disaster and the internet network dies, I will not be able to access my bitcoin. then I can still count on my gold. gold can be a store of good and reliable value when something bad happens.

[Kimonoe]

It actually doesn't hurt to invest in gold but not now to buy it. Because now everyone on crypto is focused on planting his capital in Bitcoin, especially now the price of bitcoin is getting down, maybe many people today buy Bitcoins rather than gold, because after this decline bitcoin will rise, especially there is news will is halving. So I'm also currently in focus in bitcoins. Maybe another time I would think of buying gold.

I think investing in both of them will be better, both of them have different levels of risk, so they can share the risk we bear. we know bitcoin is very volatile, so there needs to be a counterweight so that psychology is not eroded. I like both of them with the same share of capital

[adzino]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

what's wrong with gold? is there any news about gold will experience a drastic increase ?, whereas Bitcoin 2020 will do the halving, is it worth selling and replacing it with gold? I don't think it's not time yet, sir 

Don't be expecting the price to rise during halving. There is a pretty much good chance that the price won't even be impacted at all. The price halving is only going to affect in the long run. Short run affect is going to be minimal. Everyone knows about this "event" that is going to take place, thus the expected outcome is also bound to change. Look at the prices when halving took place. The prices weren't affected much but we have seen the price dropping instead (2016).

[Brunus]

I don't think we can make a comparison between the two assets. Gold has been used as a guarantee of value for more than five thousand years, bitcoin has only existed for a decade.
And while you can make fantastic gains (and equally fantastic losses ...) nothing guarantees that bitcoin will still exist in a year or two. We'll see.

[elisabetheva]

I don't think we can make a comparison between the two assets. Gold has been used as a guarantee of value for more than five thousand years, bitcoin has only existed for a decade.
And while you can make fantastic gains (and equally fantastic losses ...) nothing guarantees that bitcoin will still exist in a year or two. We'll see.

It is clearly true that to compare between gold and bitcoin is obviously different, the old problem is that gold has long been used as an investment tool and now with the development of growing technology bitcoin which is also an investment tool. but both are very clear when used as very different investments and also different risks. for a little risk, obviously it's nice to invest in gold, but if you want to find more profit, bitcoin is the alternative, but to remember that bitcoin can be a big profit and can be a big loss if we don't analyze it properly and seem rushed.

[Karmakid]

I don't think we can make a comparison between the two assets. Gold has been used as a guarantee of value for more than five thousand years, bitcoin has only existed for a decade.
And while you can make fantastic gains (and equally fantastic losses ...) nothing guarantees that bitcoin will still exist in a year or two. We'll see.

When it comes to wealth creation, you need to seize every opportunity that you will be seeing in the market whether it is an old asset or a new one. Both of those two doesn't guarantee a return when it comes to holding them because anything can happen in the market and it could go up or go down hard. It is all about analyzing the market on which market offers the best opportunity and grab that one and try to understand its behavior so you can tame it.

[deisik]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

what's wrong with gold? is there any news about gold will experience a drastic increase ?, whereas Bitcoin 2020 will do the halving, is it worth selling and replacing it with gold? I don't think it's not time yet, sir 

Don't be expecting the price to rise during halving. There is a pretty much good chance that the price won't even be impacted at all. The price halving is only going to affect in the long run. Short run affect is going to be minimal. Everyone knows about this "event" that is going to take place, thus the expected outcome is also bound to change. Look at the prices when halving took place. The prices weren't affected much but we have seen the price dropping instead (2016)

Just before the 2016 halving the price crashed because people had been booking profits. But let's not forget the fact that prior to the crash Bitcoin had been rising for over half a year (since autumn 2015, to be exact). However, I agree with you, to a degree, that with each halving the law of diminishing returns starts to reveal itself stronger and stronger, so we shouldn't in fact expect the effect of the next halving to be mind-boggling

If the price is going to hit the new highs, it won't be because of the halving alone

[Kambal2000]

I don't think we can make a comparison between the two assets. Gold has been used as a guarantee of value for more than five thousand years, bitcoin has only existed for a decade.
And while you can make fantastic gains (and equally fantastic losses ...) nothing guarantees that bitcoin will still exist in a year or two. We'll see.

When it comes to wealth creation, you need to seize every opportunity that you will be seeing in the market whether it is an old asset or a new one. Both of those two doesn't guarantee a return when it comes to holding them because anything can happen in the market and it could go up or go down hard. It is all about analyzing the market on which market offers the best opportunity and grab that one and try to understand its behavior so you can tame it.

That's right, we need to find all the opportunities that can make us rich, yes, Bitcoin and Gold really differs to each other, but if they both can give you a investment or income in the future then why not do both, it will be more profitable having different kinds of income that our future will be thank of in the future.

[irsykes]

I don't think we can make a comparison between the two assets. Gold has been used as a guarantee of value for more than five thousand years, bitcoin has only existed for a decade.
And while you can make fantastic gains (and equally fantastic losses ...) nothing guarantees that bitcoin will still exist in a year or two. We'll see.

When it comes to wealth creation, you need to seize every opportunity that you will be seeing in the market whether it is an old asset or a new one. Both of those two doesn't guarantee a return when it comes to holding them because anything can happen in the market and it could go up or go down hard. It is all about analyzing the market on which market offers the best opportunity and grab that one and try to understand its behavior so you can tame it.

That's right, we need to find all the opportunities that can make us rich, yes, Bitcoin and Gold really differs to each other, but if they both can give you a investment or income in the future then why not do both, it will be more profitable having different kinds of income that our future will be thank of in the future.

Although i am only hold bitcoin, but i am agree if for something that profitable we can split our investment. Gold is not a bad investment, although it grow slower than bitcoin but it can keep increased in future. Maybe make investment in gold to back up bitcoin investment will be good because i think more volatile in bitcoin will make the risk bigger.

[marcous]

of course, gold is also very valuable later, so there is no harm in buying gold  ... but keep in mind that gold will be worth it if we really save it in the long term. because the price increase every year is not too significant I guess. is different from Bitcoin which is volatile.

[aamirsuh]

It makes sense to buy gold. However, converting bitcoins to gold may not make sense. If you ask me why? Because Bitcoin can always rise to very high prices, gold cannot do so. But it is logical to get some gold with a bitcoi. Splitting the portfolio means good planning.

[kotik085]

Yes, I think investing bitcoin in gold is a very promising idea. From this you can get a huge profit.

[Lottoshi]

I wonder why this post is so popular, the conversation between gold and BTC has been around for a while, why does this continue to interest people?

[wheelz1200]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine.  It's always good to diversify so that you limit your downside risk in your overall financial portfolio

[ChronoLite]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine. 

gold is always your best bet to gain profit in long term purpose as the behavior of gold like everyone already knows. even bitcoin is the fastest way to actually earn money but it's not that case if you can't get anything from it as the price right now is really bad honestly. would prefer to invest on gold instead in this situation.

[wheelz1200]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine. 

gold is always your best bet to gain profit in long term purpose as the behavior of gold like everyone already knows. even bitcoin is the fastest way to actually earn money but it's not that case if you can't get anything from it as the price right now is really bad honestly. would prefer to invest on gold instead in this situation.

The price is really bad for bitcoin, then that's when you want to buy, and sell when the price is really good (higher)  you need a really bad market to make money in a good market no way around that, just have to get comfortable when things are red 

[FLoving]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine.  It's always good to diversify so that you limit your downside risk in your overall financial portfolio

It is right to diversify our investment but in gold I do not think there is further profit as the value of gold increases much slower and we the crypto users now wanted to get high profit as from the beginning we are getting high profit in bitcoin. I know the future of bitcoin and because of that I am try to invest most of my money in bitcoin. I not spend only that amount in bitcoin which I need for my daily needs and for my family.

[BartS]

in my opinion saving our wealth in the form of gold is not a bad thing. because the value of gold also continues to increase every year. besides investing in bitcoin I also invest in gold. when I make a profit from bitcoin trading I always take some of that profit to buy gold. I chose gold because gold is always acceptable everywhere and its value also tends to increase. but of course in terms of bitcoin investment benefits can provide more benefits than gold.

It really depends on what are your goals, bitcoin is many times more volatile than gold and depending on the level of your wealth this can be good or bad, if you already have a lot of money and the only purpose of your investment is to try to keep most of it and if possible to earn some profits then gold is by far the best choice.

But if you are like most of us and you are not satisfied with your level of wealth and your main purpose for investing in anything is to obtain as many profits as possible then it doesn't seem to be a good idea to convert your bitcoin to gold when you can obtain more profits with bitcoin.

I have never changed my bitcoin to gold. I wrote earlier that when I profit from bitcoin trading I will use part of the profits to buy gold. because I am afraid in the future if something bad happens, for example when the world experiences a major disaster and the internet network dies, I will not be able to access my bitcoin. then I can still count on my gold. gold can be a store of good and reliable value when something bad happens.

It is a very good thing that you have a very clear idea of what are your goals, and I understand completely what you are talking about because I have thought the same but in my case I do not really feel comfortable with the amount of bitcoin I'm holding.

So the strategy that I want to employ for the next years is to trade cryptocurrencies and if possible double or even triple the amount of bitcoin that I'm holding and once that happens then I will be willing to convert some of my bitcoin to gold.

[doomistake]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine.  

gold is always your best bet to gain profit in long term purpose as the behavior of gold like everyone already knows. even bitcoin is the fastest way to actually earn money but it's not that case if you can't get anything from it as the price right now is really bad honestly. would prefer to invest on gold instead in this situation.

The price is really bad for bitcoin, then that's when you want to buy, and sell when the price is really good (higher)  you need a really bad market to make money in a good market no way around that,

I agree, not even the best bet he was saying to gain profits, selling your bitcoins for gold is completely a suicidal mission for your profits, but I guess a naïve guy would do this if didn't know that much about the cryptocurrency market and how this market works.

just have to get comfortable when things are red  

Correct, there is no better way but to get used to this bearish trend we are on right now, and to take advantage of it as much as we can, this is the only way we could gain profits and not to convert our bitcoin to gold.

[karanggatak]

for the time being I think is an inappropriate decision if we sell part of our bitcoin to buy gold. because in a few months bitcoin will be reduced by half and most bitcoin holders predict that after half the bitcoin will pump. so it's better we keep holding bitcoin don't convert it to gold. gold is also a good investment tool because its value is also increasing every year. but of course the rise of bitcoin is much higher than gold.

[alyssa85]

Gold is starting to rise again, towards $1500:

https://www.bloomberg.com/news/articles/2019-12-26/gold-makes-headway-above-1-500-as-2020-comes-into-closer-focus

Gold is up 17% this year -- set for the best showing since 2010 -- as investors weighed the benefit of havens amid the to-and-fro of the U.S.-China trade war and a run of central bank easing. The latest tick higher came even as Asian stocks edged up, and Donald Trump said Tuesday a deal with Beijing is “done.”

Bitcoin is up even more this year than gold of course, but the same things driving gold are driving bitcoin.

In 2020, the most important event will be the selection of the Democratic candidate. If it's someone moderate like Biden or Buttigieg, then the markets will be calm. If it's someone leftwing than the markets won't be calm.

In the run up to the UK general election, the pound was subdued, and shares of utilities were depressed (people had sold just in case Corbyn was elected). Once the conservatives won, both the pound and the stock market surged.

That dynamic will be in play in the US to the power of a 1000. If the Dems go for a left-winger, gold, bitcoin and safehaven stuff will soar.

[owengtam09]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

We can buy gold even without using our bitcoin and we can invest bitcoin and gold at the same time as long as we have enough capital for it. It is better to have a multiple investment so that we can also have multiple earnings and multiple ideas as well because we can analyze them both.

[BChydro]

gold is always your best bet to gain profit in long term purpose as the behavior of gold like everyone already knows. even bitcoin is the fastest way to actually earn money but it's not that case if you can't get anything from it as the price right now is really bad honestly. would prefer to invest on gold instead in this situation.

If you are planning to invest in bitcoin, then this is the best time to invest when the market is going down and not when the market is rallying, if you are smart enough and planning to invest in bitcoin thinking that the price would always rally after the halving then you will invest in it when ever the price of bitcoin goes down and then wait for a couple of years to reap your profit, gold is always a long term investment and the safest option if you are able to invest at the right time.

[Oneandpure]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

My opinion disagree for stock gold than bitcoin, although more safety investing with gold but bitcoin look profitable for investing although long or short time. Lest check with your investing in gold where you only take profit not higher than 10% for one years, and how come if you are investing with bitcoin maybe just one day you can earn more than 10% profit.

[zhekinsp]

I will not buy or sell gold nor the bitcoin,I will keep the things as it is.I decided to buy gold in 2020 but it doesn't mean I will convert by BTC to do that only investment made on gold from my fiat savings which I am keeping for this entire year.

[MancyZz]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

No, convert bitcoin to gold just makes profit with long time. gold good for invesment but to take profit need long time than bitcoin
hold bitcoin maybe for next year, i think it will bring profit but not sure with gold can do it, so better to hold bitcoin and keep it untill increase high price you can get profit

[Iyanjr]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

No, convert bitcoin to gold just makes profit with long time. gold good for invesment but to take profit need long time than bitcoin
hold bitcoin maybe for next year, i think it will bring profit but not sure with gold can do it, so better to hold bitcoin and keep it untill increase high price you can get profit

Bitcoin is incredibly volatile, but year after year it shows stable growth. I agree with you on that - we should better invest in btc

[wheelz1200]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine.  It's always good to diversify so that you limit your downside risk in your overall financial portfolio

Gold have been basically there for centuries and was used as a mean of currency. These days we are using it in jewelry simply. It is no more used as a mode of payment. Gold does not increase in value as much as bitcoin or digital currencies other famous projects. If I were you, I would have even converted gold into bitcoin. If you want real diversity, diversify your profile with crypto currencies. Pair up bitcoin with ethereum. 

That's just rediculous.  What I mean by diversifying your assets is by diversifying by completely different asset classes.  AAA bonds dont make you a lot of money but they are much more secure that pink sheet stocks.  Ypu dont diversify amongst pink sheet stocks and call that a well rounded portfolio.  If all of your net worth is in crypto you are a silly man.  I'm fully on board with crypto but that doesnt mean you dont dabble into anything else....and adding eth, lol no thanks 

[ChrisPop]

Well.. I'd much rather invest into real estate than in Gold. Gold has a major flaw of not being fungible and it lacks at the portability factor. Regarding its utility it is just a hard metal used in manufacturing chips and jewelry. Other than that it is just a metal with special properties and God knows how much supply is left in the ground and if we are going to find plenty of it or another metal that could perform better than it, on an asteroid or planet. Bitcoin is limited by design and we can't mine more of it. Also Gold has been rising over time very slowly for my taste. I do feel that nowadays the opportunity is in Bitcoin and cryptocurrencies not in commodities.

[wheelz1200]

Everyone keeps saying either or.  But do you actually think putting all of your net worth into one asset class (cryptocurrency) is an actually smart idea?  This is how people go broke, not build their worth up.  I LOVE crypto and think there is huge growth potential, that doesnt mean I am going to put all my worth into it. 

[AirdropFreak1968]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

[senne]

Gold has been the preferred form of alternative investment to hedge your portfolio from market risk. Gold isn't directly in correlation with stock market. That's why people invest in it. The same hold true for the Bitcoin itself. Bitcoin is also not in any correlation with stock market and hence can be used for diversifying the portfolio.
But the main difference lies in the volatility part. Where hold is relatively stable, Bitcoin tends to move extensively. So, I would suggest you can go for gold if you started having low tolerance to uncertainty and high volatility.

[markj113]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

[deisik]

The same hold true for the Bitcoin itself. Bitcoin is also not in any correlation with stock market and hence can be used for diversifying the portfolio

I somewhat disagree with this opinion

As you further note in your post, the main difference lies in the volatility part. Any you are right since it is the exact reason why you think there's no correlation between Bitcoin and the stock market. Simply put, Bitcoin's volatility is hiding this correlation, but you can be damn sure it is still there (only gold and other precious metals are negatively correlated to regular stocks in a genuine way)

Bitcoin is a highly speculative asset, and it is the same speculative money that gets poured into stocks and cryptocurrencies alike (with more emphasis on the speculative part in case of crypto). So, as far as major trends and market shifts are concerned (think financial crisis here), I for one expect Bitcoin as well as other cryptocurrencies to behave in a pretty predictable way (read, they will crash along with the stock market)

[Jiyens3]

I think everyone looking to really build a portfolio and all you are sitting with is gold then yeah I would definately convert some to gold.  Even if bitcoin outperforms gold that is fine. 

gold is always your best bet to gain profit in long term purpose as the behavior of gold like everyone already knows. even bitcoin is the fastest way to actually earn money but it's not that case if you can't get anything from it as the price right now is really bad honestly. would prefer to invest on gold instead in this situation.

The price is really bad for bitcoin, then that's when you want to buy, and sell when the price is really good (higher)  you need a really bad market to make money in a good market no way around that, just have to get comfortable when things are red 

yes its like take profit but with high risk, buy bitcoin and sell in higher price is risk for trader. especially for now the bitcoin price look bad if you buy now you will need more time to get profit so in this case i think better to convert your bitcoin to gold especially to investment for long term gold is good choice.

[cryptoknightt]

yes its like take profit but with high risk, buy bitcoin and sell in higher price is risk for trader. especially for now the bitcoin price look bad if you buy now you will need more time to get profit so in this case i think better to convert your bitcoin to gold especially to investment for long term gold is good choice.

gold and bitcoin have in common that we buy the item and hope that the price will increase, or there are other people who will buy ours at a higher price, the principle is to speculate, but this is the fact that you buy gold or bitcoin for to make a profit or to avoid inflation.

[californiaquail]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

Man... USD has not been redeemable for gold since the end of Bretton Woods Agreements in 1971, pretty much opening the pandora box.



https://en.wikipedia.org/wiki/Bretton_Woods_system

https://en.wikipedia.org/wiki/Executive_Order_11110

At least, you're in the right place here. lol

[deisik]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

Man... USD has not been redeemable for gold since the end of Bretton Woods Agreements in 1971, pretty much opening the pandora box

And where's Pandora's box here?

The US trade deficit is covered by the "export" of American dollars. Technically, it should be covered by the dollar inflation which would balance out the differences between imports and exports but since the dollars which make this difference never make back to the US, we can safely assume that these dollars are just another entry in the trade balance of the United States. Simply put, Uncle Sam is exporting his dollars

[elisabetheva]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

It is okay to want something for your own sake, but it must be seen for the benefit of many who are directly related should be accustomed. obviously bitcoin is different from gold and in some countries gold investment is very slow compared to course with bitcoin. so it's better to keep bitcoin first.

[meliodas]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

It is okay to want something for your own sake, but it must be seen for the benefit of many who are directly related should be accustomed. obviously bitcoin is different from gold and in some countries gold investment is very slow compared to course with bitcoin. so it's better to keep bitcoin first.

I agree that bitcoin is faster in terms of creating returns for its investors but we should remember that there are different type of investors, there are conservative and there are risk takers who can risk majority of their capital for a higher and faster reward. For me, gold is a good investment to diversify some of our money so we can have a back up for bitcoin.

[Janation]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

hate to burst your bubble but your USD fiat hasn't had any relation to gold in quite some time

It is okay to want something for your own sake, but it must be seen for the benefit of many who are directly related should be accustomed. obviously bitcoin is different from gold and in some countries gold investment is very slow compared to course with bitcoin. so it's better to keep bitcoin first.

When comparing it to gold? I will go with gold.

I am not saying that Bitcoin is bad, but it is just that it is gold. And gold will be gold, Bitcoin will be Bitcoin. Bitcoin has higher risk despite its higher probability of giving profit than gold. As gold is quite stable, Bitcoin is quite the volatile one. In the long run, I will go with gold, but for now, I would stick with those two, though I don't have any investment in gold.

[SoeNan89]

I agree that bitcoin is faster in terms of creating returns for its investors but we should remember that there are different type of investors, there are conservative and there are risk takers who can risk majority of their capital for a higher and faster reward. For me, gold is a good investment to diversify some of our money so we can have a back up for bitcoin.

Investing with Bitcoin is certainly too risky but also very profitable, you have to be really ready if your assets will run out in a flash or grow to 100%.  Meanwhile, if investing with gold, it will always be stable of your assets. I agree investment with gold is the right choice in this era.

[TheUltraElite]

Yes I think it would be a good thing to convert BTC to GOLD especially since i am an American and our money is based on the value of gold. Right now BTC is not really recognized as money in the UNITED STATES but I hope it will be soon enough.

You might want to hold your horses there fellow member. There is not going to be an acceptance of bitcoin into massive proportions without massive anti-bitcoin movements. See although here you might see the pro-bitcoin attitude but trust me, out there it is not so. Because here members are those who are interested and trading bitcoin thats why this target population is responding like this.

But trust me, the people of this world dont really believe all things bitcoin stands up to. The percentage of bitcoin users is still very low even in America. Now gold is an investment you thus would want to keep aside for future. There is no guarantee that in future your country will be pro-bitcoin whatever the situation now is. Then what would you turn to? So keep both and see what happens in future.

[cutesgirl]

The same investment way between bitcoin and gold but have different way to get much profit, with bitcoin we can earn profit with short time and by investing with gold need one year to see gold change to higher price, but for safety investment is only with gold where your money keep satble and never have inflation value,

[Faxmate]

The same investment way between bitcoin and gold but have different way to get much profit, with bitcoin we can earn profit with short time and by investing with gold need one year to see gold change to higher price, but for safety investment is only with gold where your money keep satble and never have inflation value,

Well you are right that investment in gold is safe because of its stable value but i think people do investment for the sake of profit and in gold there is no potential increase in price which means that you have just hold your money and nothing else, while in case of bitcoin everybody is sure of profit even it is smallest but yet there is profit.

[Blackdeath]

The same investment way between bitcoin and gold but have different way to get much profit, with bitcoin we can earn profit with short time and by investing with gold need one year to see gold change to higher price, but for safety investment is only with gold where your money keep satble and never have inflation value,

Well you are right that investment in gold is safe because of its stable value but i think people do investment for the sake of profit and in gold there is no potential increase in price which means that you have just hold your money and nothing else, while in case of bitcoin everybody is sure of profit even it is smallest but yet there is profit.

It's true that investing in gold is much safer than bitcoin because of it's stable price, but in my own opinion investing in bitcoin is much better, even it is a risk because you could earn more profit to it when the price of bitcoin will increase it's price. It is the reason why more people are buying bitcoin today.

[Karmakid]

The same investment way between bitcoin and gold but have different way to get much profit, with bitcoin we can earn profit with short time and by investing with gold need one year to see gold change to higher price, but for safety investment is only with gold where your money keep satble and never have inflation value,

Well you are right that investment in gold is safe because of its stable value but i think people do investment for the sake of profit and in gold there is no potential increase in price which means that you have just hold your money and nothing else, while in case of bitcoin everybody is sure of profit even it is smallest but yet there is profit.

It's true that investing in gold is much safer than bitcoin because of it's stable price, but in my own opinion investing in bitcoin is much better, even it is a risk because you could earn more profit to it when the price of bitcoin will increase it's price. It is the reason why more people are buying bitcoin today.

I agree that investing in bitcoin has a lot of profit potential but you should not put all of your capital in one basket and you should learn how to diversify because diversification or well spread risk is the best in long term basis because you will not be at high risk of losing money since you have different sources of income that you can rely on even in a financial crisis.

[Triffin]

The same investment way between bitcoin and gold but have different way to get much profit, with bitcoin we can earn profit with short time and by investing with gold need one year to see gold change to higher price, but for safety investment is only with gold where your money keep satble and never have inflation value,

Well you are right that investment in gold is safe because of its stable value but i think people do investment for the sake of profit and in gold there is no potential increase in price which means that you have just hold your money and nothing else, while in case of bitcoin everybody is sure of profit even it is smallest but yet there is profit.

It's true that investing in gold is much safer than bitcoin because of it's stable price, but in my own opinion investing in bitcoin is much better, even it is a risk because you could earn more profit to it when the price of bitcoin will increase it's price. It is the reason why more people are buying bitcoin today.

No it is not good idea at all because investing in good can never be better than bitcoin we know bitcoin is best coin that has so many investors and since long it’s improving in price. It’s volatility that gives people profit so we should keep investing in bitcoin and use gold but in limited quantity just to wear on occasions.

[petuel]

I agree that bitcoin is faster in terms of creating returns for its investors but we should remember that there are different type of investors, there are conservative and there are risk takers who can risk majority of their capital for a higher and faster reward. For me, gold is a good investment to diversify some of our money so we can have a back up for bitcoin.

Investing with Bitcoin is certainly too risky but also very profitable, you have to be really ready if your assets will run out in a flash or grow to 100%.  Meanwhile, if investing with gold, it will always be stable of your assets. I agree investment with gold is the right choice in this era.

I don't really understand why are you putting it like that.
You can look at USD/GOLD chart and will notice - it is damn volatile so you can lose your money pretty easily.
At this point the safest place to keep your funds is stock market (I mean big companies with low risks like ferrari or apple)

[riso2015]

It's true that investing in gold is much safer than bitcoin because of it's stable price, but in my own opinion investing in bitcoin is much better, even it is a risk because you could earn more profit to it when the price of bitcoin will increase it's price. It is the reason why more people are buying bitcoin today.

Investment with Bitcoin You must be prepared to accept the risk, because Bitcoin Investment is indeed full of risk, but most people choose Bitcoin because they can quickly become rich when prices rise. For the type of investor who does not dare to take risks, they will take gold as their investment asset.

[YinShuiSiYuan]

I think this is not the best time to change BTC for anything. The bear market is over or it will end soon and price increases will start. We know very well that gold is not able to grow as much as cryptocurrencies at the moment. The risk of further falls of BTC price is small and the potential for growth is very high. This is the main reason why I would stay with BTC.

[jhontwis]

I've been trying to make more sensible plans lately. Gold is the right choice. I bought both gold and Ethereum. Bitcoin price is moving too much. I'm still hopeful for the Ethereum. I think 2020 will be the year of the altcoins. So you can: D

[KnightElite]

I'm a high risk investor so I will not "yet" convert my bitcoin to gold unless the market crashed. I said "yet" on purposely because I plan to convert it when the financial crisis comes. Even I'm a high risk investor, I still have plan to protect my funds and by converting my bitcoin to gold can help my funds to be protected. Gold is a safe investment and it can help us to survive if the financial crisis will come.

[Shasha80]

In my opinion it is not a good idea to convert Bitcoin to Gold, because in 2020 bitcoin will rise and the price is likely will return to $ 20k.
Moreover, bitcoin will happen halving this year, if we look at the history of halving bitcoin then it's likely this year halving will also make
the price of bitcoin rise. Therefore, if we convert to gold, we will miss the opportunity to earn big profit. So in my opinion you should
convert to gold postponed first. If we succeed in getting profit from bitcoin, the profit can be converted into gold.

[breathlessz]

I'm a high risk investor so I will not "yet" convert my bitcoin to gold unless the market crashed. I said "yet" on purposely because I plan to convert it when the financial crisis comes. Even I'm a high risk investor, I still have plan to protect my funds and by converting my bitcoin to gold can help my funds to be protected. Gold is a safe investment and it can help us to survive if the financial crisis will come.

I don't think for now, I personally will only convert to gold if bitcoin has surged in price, thus securing my assets. for now the price of bitcoin is still below and has a big chance to go up and if we compare, then the profit from bitcoin investment is greater than gold for now

[charlesmichel1]

It's a good idea, Bitcoin is too volatile, storing your wealth only in it is dangerous.

[YinShuiSiYuan]

It is always good to diversify your investments. Often users say that it is good to buy several different cryptocurrencies in order not to put all the eggs in one basket. However, investing only in cryptocurrencies is not safe, because we've all seen what has happened in the last two years. There was no secure cryptocurrency, prices of all of them went down. I think it is a good idea to split money into gold and BTC

[fearcoka]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Why not? Gold has always been a reliable asset, while Bitcoin has only been around for a decade; it's hard to put all faith in Bitcoin. With the current situation, when the economy is unstable, and the political situation is also increasingly tense, Gold is not a wrong choice to protect the value of everyone's assets.
Also, I always remind myself to put money into different types of assets as long as I can buy and manage them. Real estate, housing, gold, Bitcoin, or even some savings amount are all assets I save.

[luckyflop]

Hold gold is always a good option in investing. And in this case, I would also choose to invest in gold and this market at the same time. I will diversify investments and not invest all the money I have in a portfolio. Recently, the political situation between the US and Iran has been very tense and it has caused the price of gold to rise rapidly. If you have bought gold then surely you have profit at least $ 100 on 1 tael

[iram3130]

I would have selected Gold as the price of gold is peaking to its all time high and still has the potential to go up with all the war scene cooking up. If there is a war in future then the gold price will definitely go higher than expectation. BTC also trying to break the resistance and may well go past $10k this month.

[OrangeII]

In my opinion it is not a good idea to convert Bitcoin to Gold, because in 2020 bitcoin will rise and the price is likely will return to $ 20k.
Moreover, bitcoin will happen halving this year, if we look at the history of halving bitcoin then it's likely this year halving will also make
the price of bitcoin rise. Therefore, if we convert to gold, we will miss the opportunity to earn big profit. So in my opinion you should
convert to gold postponed first. If we succeed in getting profit from bitcoin, the profit can be converted into gold.

for now, turning bitcoin into gold is not recommended. but when you have sold the bitcoin that you already have at a high price, you are free to sell it for other things, and the other best thing is gold. those are the things that I think about when bitcoin prices go up. this is tantamount to turning investments into long-term investments like money that has a fixed price.

[peter0425]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

have tried to hold Gold way back,when we are just newly wed and trust me there is no good profit and sometimes the value becomes lower when time comes you need to sell out.

not like in Bitcoin?when good timing comes?at least you can Profit 1-5% in just a week or so(but of course there is a dumping stage that if not luck?losing is what you've got.

[YinShuiSiYuan]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

have tried to hold Gold way back,when we are just newly wed and trust me there is no good profit and sometimes the value becomes lower when time comes you need to sell out.

not like in Bitcoin?when good timing comes?at least you can Profit 1-5% in just a week or so(but of course there is a dumping stage that if not luck?losing is what you've got.

In converting some of the funds from BTC into gold, the point is to hedge against large price fluctuations. It is true that you can earn a lot on the price of Bitcoin, but you can also lose a lot. Gold protects us against any large loss.

[Golftech]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

have tried to hold Gold way back,when we are just newly wed and trust me there is no good profit and sometimes the value becomes lower when time comes you need to sell out.

not like in Bitcoin?when good timing comes?at least you can Profit 1-5% in just a week or so(but of course there is a dumping stage that if not luck?losing is what you've got.

In converting some of the funds from BTC into gold, the point is to hedge against large price fluctuations. It is true that you can earn a lot on the price of Bitcoin, but you can also lose a lot. Gold protects us against any large loss.

If you already a have huge gains from this industry then you can divert some of your investment to gold in order to secure your spare funds.
There's always relativity once you are into investment, people who knows to balance always find ways to look for additional ways to invest
their money. A smart move in order to have a best outcome in long term process.

[cotton ball]

Today btc and gold look have the same ideas where together between gold and bitcoin go to higher price, they have the same promise how to make investor earn profit whit bitcoin and gold as their investment, I think when raising higher price best moment for selling between gold and bitcoin then waiting for investing whit lower price.

[hahay]

It's still a good idea because the price of bitcoin is unstable and we can't deny it, investing in both will be the choice we can choose to invest in more focus. I believe that choosing bitcoin and gold for investment is not a bad thing because after all they are very good assets to hold and also trade, gold and bitcoin have value which of course will produce a profit for users who carefully look at every opportunity that exists.

[elisabetheva]

Today btc and gold look have the same ideas where together between gold and bitcoin go to higher price, they have the same promise how to make investor earn profit whit bitcoin and gold as their investment, I think when raising higher price best moment for selling between gold and bitcoin then waiting for investing whit lower price.

in fact what you say can also be true that bitcoin and gold have the same idea. certainly is for long term investment. but if you want to be seen in more detail there is quite a significant difference between bitcoin and gold.
bitcoin is an investment that can generate a lot of profits but if one gets analyzed it will suffer huge losses too. but not with gold, because gold always seems to be influenced by the movement of the value of the US dollar and not too significant difference between buying and selling.

[Project.Mizq]

I have a banker in Zurich who can sell gold bars for BTC at spot price. I can connect you with him directly just for 0.1% agent commission.

[deisik]

In my view it is not a bad thing to save our wealth in the form of gold. Because the gold value keeps rising every year as well. I also invest in gold in addition to investing in bitcoin. I always take some of that profit to buy gold when I make a profit from bitcoin trading. I chose gold because gold is always acceptable everywhere, and it tends to increase its value as well. But, of course, more benefits can be provided in terms of bitcoin investment benefits than gold

Are you really into gold?

Cause if you were, you would certainly know that gold is not a very profitable investment overall, and has been that way for quite some time by now. And it is definitely not like it "keeps rising every year" as it was stagnant for over 5 years since 2013 and till 2019, while its dollar price is still a far cry from what it had been in summer 2011. It may be rising in terms of some regional currency indeed (say, the Venezuelan bolivar), but that only shows depreciation of that currency, not gold itself becoming more valuable over time

[meliodas]

I think if you've got an idea to convert any BTC to Gold, it's no problem. This means you want to sell your assets and make sure that in a single investment you don't foresee anything. It's usual and it's your own money, so it's all up to you. But I have to criticise people who said there is no good future for Bitcoin investment. They're not sure, but why they're here

That is the cryptocurrency community in a nutshell. Most of the people here are past haters of bitcoin or other cryptocurrency. They used to it because of the volatility and the manipulation within the market but look at them now, they are slowly putting their money into cryptocurrencies because of the profits that they got from their experiences of investing.

[Barbut]

I wouldn't sell my Bitcoins for Gold! I would sell Gold to buy Bitcoin, but I don't have any. It is my opinion, Bitcoin is better than Gold, in every possible way. It's a better investment, in the past 10 year Bitcoin made higher rise in price than Gold. Bitcoin is easier to use, and you can use it for many things, what you can do with Gold?

[Astvile]

I voted no, all because what I can sense in the future. Yes, gold will still remain valuable but in the future here in the modern world things like bitcoin would be a mainstream thing to have.
In terms of what we can possibly earn comparing to storing all our money to bitcoin or gold, yes gold will have a more stable increase in price per year with small risk. While placing it in bitcoin yes the risk is higher but the returns can be bigger I'm the type of person who wants to risk, if I lose then I lose learn from it if I win then it'll be the best feeling in the world.

[Salamstar]

Bitcoin will be like gold in the world of Crypto.
Making a comparison between gold and bitcoin is not correct, as it is akin to comparing the ocean in the sky with gold in local currencies. If a central currency appears attached to the gold and is based on the blockchain to facilitate transactions and transfer them, it will be the ideal currency until then, the alternative to gold is the currencies based on stable blockchain.

[bearexin]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

Gold is a good investment, if you feel like to invest in it then you should go ahead. There have even been an increase recently and it seems like the price keeps going up.

I have once bought gold and silver, I stopped buying them when I started investing in bitcoin and instead of buying gold I just buy Bitcoin and keep the rest of the money as fiat in my bank account as dollar and our main currency. The reason I stopped investing in gold is because I have much focus on cryptocurrency and since then I stopped looking at other investments, and Bitcoin also changed my life.

[onrise]

Until now gold is the right choice because the price does not experience a drastic decline and it is different from Bitcoin which can make you heart attack with prices that keep changing.

I will continue to invest and keep btc only and not go for gold because gold is stable and uprise may not be that much while on other hand in coming  time bitcoin is going to just rise and move ahead so better to stay invested in bitcoin only .

[Faxmate]

Until now gold is the right choice because the price does not experience a drastic decline and it is different from Bitcoin which can make you heart attack with prices that keep changing.

I will continue to invest and keep btc only and not go for gold because gold is stable and uprise may not be that much while on other hand in coming  time bitcoin is going to just rise and move ahead so better to stay invested in bitcoin only .

yes i will always suggest bitcoin for investment because of the quick profit, and i think it is very foolish for preferring gold over bitcoin, let think that somebody has invested money in gold and the price unpredictably comes down so now we know that gold is stable enough that the money will not recover easily in years, but in bitcoin even if the price comes down it recovers very easily in less time.

[GideonGono]

For me that was not because gold can take a longer time before it would increase unlike bitcoin can increase in short time but the difference was the risk by the gold of sure profit in a long period of time unlike bitcoin that would a chance to become a bubble.

[cutesgirl]

I will hold both bitcoin and gold, when loss with bitcoin we have gold as investment assets and get profit with investment, but when bitcoin increase with higher price I think we got double profit way from gold and bitcoin, always have time and moment where we need invest both with gold and bitcoin because looks profitable.

[kesmex]

converting Bitcoin to gold right now is an action that you seem to have avoided this year,
you could be regret it, in my opinion you better trade and as a result you can buy gold

[thottum]

converting Bitcoin to gold right now is an action that you seem to have avoided this year,
you could be regret it, in my opinion you better trade and as a result you can buy gold

That's right major bull seen in the gold market was during the 2008 recession at that time Bitcoin was not there but its the one which fueled the rise of Bitcoin. Gold price movements will not be huge usually its volatility is low because volatility always gives the opportunity to enter at a good price. So BTC returns would outpace gold IMO where the halving event awaits for BTC which reduces the volume that comes into the market each day and current economic slowdown where several analysts expect a major crash in stocks later this year or next year.

[BChydro]

I wouldn't sell my Bitcoins for Gold! I would sell Gold to buy Bitcoin, but I don't have any. It is my opinion, Bitcoin is better than Gold, in every possible way. It's a better investment, in the past 10 year Bitcoin made higher rise in price than Gold. Bitcoin is easier to use, and you can use it for many things, what you can do with Gold?

I will not dare to sell gold to invest in bitcoin as gold is a standard that is used for centuries as an investment asset and a store of value and right now bitcoin claims to be the digital gold but would you trust a century old physical asset or a virtual asset that is created recently as a store of value. I invested in bitcoin in its early inception and i will be holding that till it reaches its optimum valuation but i am not too confident to convert my other assets to bitcoin for that matter.

[Colt81]

In my own opinion, It is not good to convert your bitcoin into gold even my funds is much safer to store in gold because bitcoin is still profitable than gold in a long-term investment, that is why it is much better if you just convert your gold into bitcoin because it will give you a more better result to your funds when it's price started increase.

[Triffin]

I will hold both bitcoin and gold, when loss with bitcoin we have gold as investment assets and get profit with investment, but when bitcoin increase with higher price I think we got double profit way from gold and bitcoin, always have time and moment where we need invest both with gold and bitcoin because looks profitable.

Yeah mate and you are right right investing your money in both of assets like bitcoin and gold is very good idea but I think in bitcoin investment have no any risk loss of money, and the price of gold is depend on the economy of a country and we can not predict it easily so that is why I like bitcoin investment .

[FLoving]

In my own opinion, It is not good to convert your bitcoin into gold even my funds is much safer to store in gold because bitcoin is still profitable than gold in a long-term investment, that is why it is much better if you just convert your gold into bitcoin because it will give you a more better result to your funds when it's price started increase.

I will also favor you because we invest in any asset to get profit and that asset will be more favorable for any investors which will give higher and faster profit so if we compare the profit of bitcoin and gold then we find bitcoin as an asset which give a faster and higher profit. Many of us know that in the recent days the price of gold increased but we saw that much increase in the price of gold after years while in bitcoin we see much higher profit every time.

[carlzec]

It makes sense to get bitcoin at low prices. But buying gold makes sense at almost any price. Gold prices are constantly going up. I have never seen a big drop in gold prices. You can see the gold chart of the last 20 years.

[elisabetheva]

It makes sense to get bitcoin at low prices. But buying gold makes sense at almost any price. Gold prices are constantly going up. I have never seen a big drop in gold prices. You can see the gold chart of the last 20 years.

if the investment is actually between bitcoin and gold, it is certainly different because there are different references. I agree with you that if investing in gold is believed to be the safest investment, but to find a pretty good profit is not recommended for gold investment, still a very good bitcoin for the price value. but it must be remembered that the tendency to seek big profits will also result in the risk of large losses, if not analyzed properly and correctly.

[STT]

Its not that Gold is always the safest, its a base asset in the economic range of risk categorized types.    So gold is the closest asset next to cash money as we've known it for decades, where as holding other types of asset is considered to be more flexible in supply and demand.    Heres a chart I like to post often, originally designed by the FED to show asset types and how they might react to expansion or tightening in the constant price flow of an economy:

This particular version is probably more realistic and reflective of current status for gold which is that is considered less tradable then FIAT or even Treasury debt I think.   Traditionally gold should be at the base here, when all other prices become unstable the gold would stay most immune to any scare or disruption in the economy.   The reason I'll always disagree gold is similar to BTC is that BTC is far more reliant on trade done, it requires that circulation to a greater extent and so I think its further up in the triangle in terms of risk and expansion, etc.    
  On the plus side that means BTC is very likely to gain value much quicker then gold ever will so long as it remains valid and useful.

[awik p]

It makes sense to get bitcoin at low prices. But buying gold makes sense at almost any price. Gold prices are constantly going up. I have never seen a big drop in gold prices. You can see the gold chart of the last 20 years.

if the investment is actually between bitcoin and gold, it is certainly different because there are different references. I agree with you that if investing in gold is believed to be the safest investment, but to find a pretty good profit is not recommended for gold investment, still a very good bitcoin for the price value. but it must be remembered that the tendency to seek big profits will also result in the risk of large losses, if not analyzed properly and correctly.

for me, it depends on us to choose the risk and reward. whether to choose high risk or safe investment. both can also be chosen to maintain a balance in investing. a person's psychology is always unstable, and that is what we must maintain in order to remain consistently profitable

[death69]

"Never keep all of your money in one pocket" my mother always say that to me. Therefore, if you have a chance, try to convert some of your bitcoin to gold. Gold is a safe asset which can give you a stable income over years. Bitcoin, on the other hand, can give you a great amount of money in a short time but it is also risky to hold all of your money in bitocin. Bitcoin so fluctuates and you might lose some of your money if bitcoin make a huge drop

[Ludmilla_rose1995]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I think it is not yet. In my opinion, gold is very good as an asset commodity and gold rarely gets negative news. But in 2020 this is a good time for bitcoin. So this year is not yet the time to pile up gold.

[atjiat]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I think it is not yet. In my opinion, gold is very good as an asset commodity and gold rarely gets negative news. But in 2020 this is a good time for bitcoin. So this year is not yet the time to pile up gold.

No matter what the indicators on the cryptocurrency market are and what experts' forecasts may sound regarding the future of a particular cryptocurrency, nobody has yet canceled the risk of investing in cryptocurrency.  Before doing any actions on the cryptocurrency market, you must first weigh all your opportunities and prospects in the future.  Nevertheless, if you take into account gold and bitcoin, for example, then without any doubt I can use gold as a storage for all my savings, and in Bitcoin I can invest only part of the funds that I can risk in the hope of making a good profit.

[STT]

Number one problem is people in general as a cross section of the population do not have savings.   We dont do that so much in the west, if we save its briefly just before we spend it all again.    I think the vast majority of us have a pension for savings and mostly not much else, a house with mortgage is of course a form of debt for most.
   So how can we discuss will you save gold, save what.  Gold is a ten year market, its a value that should be considered as a question for a decade and if the answer is I want to spend this gold in six years then I have to drop this in your lap; you are a speculator not a saver.

[nydiacaskey01]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

[Ucy]

Probably good to convert some, get the physical gold and keep it somewhere safe.
 Hope people don't only convert and collect mere certificates. Holding the real thing and long term storage should matter more, but I wouldn't put too much hope on these things in this current world.
 I guess if you don't have the physical gold, you don't have any gold yet

[slashz9]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

yes, I agree with your thoughts, even though BTC is the best in crypto, it still prioritizes investing in gold.
but for liquidation I think it's the same as only the withdrawal process that takes time.
and in saving the time period depends on each person.

[slashz9]

"Never keep all of your money in one pocket" my mother always say that to me. Therefore, if you have a chance, try to convert some of your bitcoin to gold. Gold is a safe asset which can give you a stable income over years. Bitcoin, on the other hand, can give you a great amount of money in a short time but it is also risky to hold all of your money in bitocin. Bitcoin so fluctuates and you might lose some of your money if bitcoin make a huge drop

even so gold is still one of the preferred investment vehicles than crypto or other commodities.
because liquid gold can be cashed at any time, and also its value tends to rise in the long run even though it is not as high as other commodities but is still in demand.
nice qoute from your mother 

[DevilSlayer]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

The debate is still going on, but there are now claims that keep saying the bitcoin is now becoming safe heaven like gold. What is safe heaven? It is called safe heaven because if you invested your money in there, there is a guarantee of safeness. Gold is popular investment because many rich and wealthy people have it in order to preserve their money. If I will make investment then I will diversify it in both bitcoin and gold.

[onyek16M]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

The debate is still going on, but there are now claims that keep saying the bitcoin is now becoming safe heaven like gold. What is safe heaven? It is called safe heaven because if you invested your money in there, there is a guarantee of safeness. Gold is popular investment because many rich and wealthy people have it in order to preserve their money. If I will make investment then I will diversify it in both bitcoin and gold.

You can said safe like heaven or brute like the hell, i called the hell because very high risk if you wrong with your speculations like few years ago when bitcoin price reach $14,000 then falling down and make people who buy in around $14,000 feel destroyed

and feel heaven if you right with your speculations and give your profit more than gold

[wozzek23]

Probably good to convert some, get the physical gold and keep it somewhere safe.
 Hope people don't only convert and collect mere certificates. Holding the real thing and long term storage should matter more, but I wouldn't put too much hope on these things in this current world.
 I guess if you don't have the physical gold, you don't have any gold yet

What you choose depends on your purpose for Investing and the level of risks you’re ready to take.  If you’re just looking for a safe haven then gold is the right choice, we all have known that for a long time. Gold is a lot stable than bitcoin, and there isn’t much risks for anyone that is investing in it, compared to Bitcoin. Bitcoin has always been my favorite choice because I’m always not a long term investor and it has been working out for me, the investment is usually on a short term. I have been able to make a lot of money through Bitcoin and now I invest long term without minding if the price would fall or not.

[FlightyPouch]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

I think it is not yet. In my opinion, gold is very good as an asset commodity and gold rarely gets negative news. But in 2020 this is a good time for bitcoin. So this year is not yet the time to pile up gold.

I would love to buy Gold or maybe a stack of it if I can. These metals especially gold are so popular right now since technologies are always using it, the same as copper and silver. If I can pile up a lot of them, and sold them in the future, that might double up or just give me a good profit. On the other hand, bitcoin also give good profit, it is just that you don't know what might happen.

[luppecuppe]

Bitcoin price made a strong rise. Gold price is giving signs of rising. I think it makes sense to invest in both options. You also don't have to choose one. You may want to buy gold with Bitcoin. There are different Exchange options to trade directly between the two values.

[Wexlike]

*skip*
I would love to buy Gold or maybe a stack of it if I can. These metals especially gold are so popular right now since technologies are always using it, the same as copper and silver. If I can pile up a lot of them, and sold them in the future, that might double up or just give me a good profit. On the other hand, bitcoin also give good profit, it is just that you don't know what might happen.

Gold has been around forever and has taken full advantage of the Lindy effect, it has always had value while Bitcoin is still relatively new.

In terms of function of money, Bitcoin is equal or superior to Gold, however in terms of age, Bitcoin is one of the newest types of money while Gold is the oldest.

[criza]

I am really the kind of person that likes diversifying my investments. I invested into real estate, bitcoin and altcoins, stock market and foreign currencies. I am do not have gold but I am not saying no to it. Maybe in the coming months I can buy some. Bitcoin on the other hand is more promising than gold due to halving. And I can feel that there are more positivism on bitcoin. 2020 feels like a good year for bitcoin. So for now, no selling of bitcoins for gold. 

This a good strategy, diversifying investments and not just focus on one investment. Investing into many transactions needs to be hard working because, you need to monitor not just only one transaction and analyze every data chart about your investments.

On the other hand, if I would pick investment I would prefer and choose Gold because, it is irreplaceable and have survived the financial transaction system and would basically thrive in the future. I am not sure with bitcoin because, crypto currency are more prone to drastic changes in the current digital age that makes it risky to hold on.

[Savemore]

Probably good to convert some, get the physical gold and keep it somewhere safe.
 Hope people don't only convert and collect mere certificates. Holding the real thing and long term storage should matter more, but I wouldn't put too much hope on these things in this current world.
 I guess if you don't have the physical gold, you don't have any gold yet

What you choose depends on your purpose for Investing and the level of risks you’re ready to take.  If you’re just looking for a safe haven then gold is the right choice, we all have known that for a long time. Gold is a lot stable than bitcoin, and there isn’t much risks for anyone that is investing in it, compared to Bitcoin. Bitcoin has always been my favorite choice because I’m always not a long term investor and it has been working out for me, the investment is usually on a short term. I have been able to make a lot of money through Bitcoin and now I invest long term without minding if the price would fall or not.

But people are now calling bitcoin as safe heaven. It is now proven that gold have value that keep increasing over time. For those who want to have safe investment then ignor bitcoin and go into gold. Even there are people saying bitcoin is safe heaven, I still not believing to it because of its volatility. Rich people are protecting their wealth by investing in gold.

[sulendra12]

I think it is not yet. In my opinion, gold is very good as an asset commodity and gold rarely gets negative news. But in 2020 this is a good time for bitcoin. So this year is not yet the time to pile up gold.

We don't know actually if Bitcoin halving in 2020 is actually having a proper impact to the price as we have known that when it was on 2016 the price wasn't even moving from the initial price, which makes me little anxious and don't be too hype on halving if we look back few years ago.

[iamMhew]

The voting results as of this writing are not surprising, we have a lot of good investors in here, that knows how to diversify. Happy investing everyone!

[deisik]

In terms of function of money, Bitcoin is equal or superior to Gold, however in terms of age, Bitcoin is one of the newest types of money while Gold is the oldest

It doesn't really matter

Even if Bitcoin is ways better than gold as money, this doesn't make it a superior means of payment or exchange on its own. All in all, it means that we should forget about the currency aspect of it (even if we still call it a cryptocurrency) and focus more on its store of value side or function. And the bitter irony is that gold makes a whole lot better store of value than Bitcoin in the strictest sense of this term (i.e. when all you need is to preserve your wealth and not multiply it)

[Yatsan]

Dividing your funds into different kind of asset is a basic move for any investor. Yes! Invest in bitcoin and gold, going all in, in one asset is risky and not professional at all. What will look like a dumb way for investment, buy some bitcoin and alts or bitcoin and gold.

BTW, There's a new project that you can buy a digital gold so buying and selling gold will be easier considering that, it is a online platform and the fee will be lower than buying a physical gold and selling it to the store.

You can read about that project here: https://bitcointalk.org/index.php?topic=5161544

[bettercrypto]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

Yes, i dont know why it is still the issue. Many people have already give their opinion about where they want to invest. Its either gold or bitcoin. It depends on your capacity and capital of where you can buy bitcoin. As long as you are happy with your investment then do what you want.

[btcmurat]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

[kapalmabur]

Its a never ending debate on where to invest, in Gold or in BTC. My answer would still be both but I will invest heavily in Gold rather than BTC. If I have a $100,000 I will invest $60,000 in Gold and $40,000 in BTC but I will not hold on to the BTC for a long time, if it generates profits, I will buy additional Gold and keep my BTC in $40,000. If shit hits the fan, I can easily liquidate Gold and turn to fiat.

Yes, i dont know why it is still the issue. Many people have already give their opinion about where they want to invest. Its either gold or bitcoin. It depends on your capacity and capital of where you can buy bitcoin. As long as you are happy with your investment then do what you want.

before that you have to analyze it, the gold price increase is different from bitcoin, you can regret it when the price of bitcoin goes up to 2x and you sell it when it hasn't happened, therefore do it carefully and confidently

[Doell]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

[iamMhew]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

Be aware of quantum supremacy on holding BTC for longer years it might end you up in the low end. BTC might get stolen, these encryption
are vulnerable by quantum computers.

[romero121]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

Be aware of quantum supremacy on holding BTC for longer years it might end you up in the low end. BTC might get stolen, these encryption
are vulnerable by quantum computers.

Such scenario won't happen that easy. Even with quantum supremacy it is calculated for years to break the bitcoin network. With time there is continued development as the market need gets multiplied. The hack and other technical stuffs were the only factors that often make the cryptocurrency investors fear and move the funds to gold and other valuables.

Bitcoin to Gold is good when bitcoin reaches its ath, because at a lower price if you buy gold you aren't gonna get anything out of the investment same as that you get out of bitcoin or other cryptocurrencies investment.

[mamahdedeh]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it

[MancyZz]

Gold is always a very valuable mineral. Buying gold is a correct and long-term investment. Bitcoin can generate huge revenue in less time. Also, bitcoin may be good for large investments. Carrying Bitcoin is easier than carrying gold.

you describe bitcoin as profitable in a less time an maybe short but you don't know bitcoin is also profitable in long terms ,gold continues to be mined and will not run out different from bitcoin has a limit and which will bring better prices in the future and short or long in terms bitcoin is more profitable than gold

but the problem is the legality and trust of people in bitcoin is not high, especially since only a small number of active bitcoiners, I think that's the fact at the moment, is different from gold which has a high level of trust, even though the amount is infinite, but all countries accept it

In ancient times all ancient people were familiar with bright yellow sparkling objects so it was very different from the Bitcoin that just grew up a few years ago. Gold is more convincing by many people every day than Bitcoin.

Absolutely, bitcoin is new thing for some people it make people not trust, do not want to use bitcoin and do not want put their money in bitcoin. moreover bitcoin price is fluctuation so people thinking its big risk. but no problem it resolvable by the time. and people preveoustly choice gold will choose bitcoin too

[radjie]

of course it will look good if we can convert some of our bitcoin into gold, because gold is a low risk investment compared to bitcoin. the money we have can be converted into gold, of course it will be safer and can be said to be the same as saving into the form of objects that have high value

[elisabetheva]

of course it will look good if we can convert some of our bitcoin into gold, because gold is a low risk investment compared to bitcoin. the money we have can be converted into gold, of course it will be safer and can be said to be the same as saving into the form of objects that have high value

Your opinion is true that gold is a long-term investment that the risk that occurs is very small. When compared to bitcoin investments, although the same forms of investment, bitcoin investments have a high risk, but there is reciprocity can also get large profits. if you can refrain always analyzing well and not quickly panic, bitcoin investment is very tempting.
It must be kept in mind that investments will certainly run the risk of staying at different levels of risk.

[STT]

BTC might get stolen, these encryption
are vulnerable by quantum computers.

BTC might be superseded in a number of ways.   There is always a chance of FIAT currency somewhere actually turning reliable and engaging digitally with some reliance for the population that uses it.   Seems like thats a dream and unlikely because modern politics is in control of currency standards not trade.
    My take on quantum computers is same as developing free energy via developments in nuclear making it safe or similar possible avenues; we're talking possible giant alteration to the world that would change far more then BTC.   It can happen but I dont see interest in BTC now as a negative for those reasons.   
  Some holding in gold is sensible for diversification, only a small amount is used as a hedge normally.

[Latviand]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

The poll is incorrect, the question doesn't have a good overall yes/no answer.
In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better.
And overall, diversifying by buying both could be even better.

Maybe, it is a matter of investor's mindset. If he is looking for long term investment without risking that much, investing to Gold, at this case, is a good idea but if he is wanting an investment which is a bit risky but would give him a bigger and faster profit, Cryptos would be also fine. Cryptos including Bitcoin, has a more active market value than gold which is a bit consistent. Its market value moves from time to time but its movement includes up and down motion not continuous uprise.

[Best Dreams]

As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.

The poll is incorrect, the question doesn't have a good overall yes/no answer.
In periods like there was 2018, buying gold would have been better. In periods like now buying Bitcoin may be better.
And overall, diversifying by buying both could be even better.

Maybe, it is a matter of investor's mindset. If he is looking for long term investment without risking that much, investing to Gold, at this case, is a good idea but if he is wanting an investment which is a bit risky but would give him a bigger and faster profit, Cryptos would be also fine. Cryptos including Bitcoin, has a more active market value than gold which is a bit consistent. Its market value moves from time to time but its movement includes up and down motion not continuous uprise.

Yeah bitcoin (crypto) is the best option for all investors and thinking about any other investment is the worst choice for sure. For me Gold is nothing in front of bitcoin, selling gold always full of lose so we should take advantage of the time and invest our money only in bitcoin I hope with passage of time bitcoin will be the best asset and right now bitcoin market is under-recovery which is expected to be done till end of 2020.

[Initscri]

Honestly, I'm kind of one of those people who try to hold as many asset classes available, and while I'm not holding any right now, I'm not opposed to the idea of holding physical gold as an investment. It's a good physical investment to maintain, especially when considering worst case scenarios.

Id be open to converting BTC to gold.

[FanatMonet]

Only you and no one else should think here. In the future, gold mining will decrease due to the exhaustion of the main gold-bearing regions of the planet such as the Witwatersrand in South Africa. But compared to Bitcoin, they will decrease very smoothly, and not 2 times every 4 years.

[kesmex]

Only you and no one else should think here. In the future, gold mining will decrease due to the exhaustion of the main gold-bearing regions of the planet such as the Witwatersrand in South Africa. But compared to Bitcoin, they will decrease very smoothly, and not 2 times every 4 years.

both of these assets are still very long to run out, Bitcoin will do halving where the prizes that will be obtained will be greatly reduced later miners will collapse one by one, as well as Gold