BTC to GOLD

[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