BTC to GOLD

[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.

[1714872481]

1714872481

[1714872481]

1714872481

[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.