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Author Topic: Is it a good time to buy BTC or Gold?  (Read 836 times)
cryptomarketyourself (OP)
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December 18, 2019, 02:31:38 PM
 #1

Just read this article on whether it's a cool idea to get gold this christmas:


https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/


My reasoning to NOT buy gold:

BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:

It's shiny?
marketingnerd
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December 18, 2019, 02:34:30 PM
 #2

You have to be a big fool to buy gold instead of btc right now
bobsav2121
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December 18, 2019, 02:41:54 PM
 #3

dude BTC is literally on sale as you said. don't buy candy don't buy anything. buy bitcoin
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December 18, 2019, 02:49:01 PM
 #4

I think it's a good time to buy RIPPLE. it's the lowest price we've seen in forever!
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December 18, 2019, 02:50:04 PM
 #5

IMO bitcoin is now a good investment when compared to gold fluctuations in prices allow for greater profits the important thing is don't panic mate ,and well besides that bitcoin will also only 21 million bitcoin that can be mined and therefore also the value will be more expensive later due to limited quantities ,in different to gold which can be mined indefinitely so will gradually be cheap in the future now or later is the right time to buy bitcoin

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ajeef
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December 18, 2019, 02:52:58 PM
 #6

Just read this article on whether it's a cool idea to get gold this christmas:


https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/


My reasoning to NOT buy gold:

BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:

It's shiny?

I think the shiny things are no more impressive in this current digital world, everything will be virtual in the future and maybe the after generation are no more interested with any gold, diamonds or something like that. So when the price of bitcoin is still cheap today, it's a big chance to have them as a future investment
minersday
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December 18, 2019, 03:02:56 PM
 #7

I don't know much about stocks but this is the perfect time to buy into bitcoin and hold it for the nearest future. Bitcoin halving is just a stone throw away where we are likely going to see another crypto run. Trust me you don't want to miss this run because it comes with a whole lot of profits upon your investments hence invest wisely.
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December 18, 2019, 04:13:34 PM
 #8

Just read this article on whether it's a cool idea to get gold this christmas:


https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/


My reasoning to NOT buy gold:

BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:

It's shiny?
My reason to buy bitcoin instead of gold (physic) is i think it is more flexible to make investment in bitcoin. Don't need much space too to save. I am not say that gold is bad, but for very-very long term, and maybe big capital to buy gold will be more worth.

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Aikidoka
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December 18, 2019, 04:18:00 PM
 #9

I think both of gold and bitcoin are a good investment for now, but I just prefer to buy bitcoin over good cause it has a high potential to increase a lot in the future even more than the gold price. If I had enough money I will go obviously to buy as much as I can of bitcoin because the price dropped and it's really a good opportunity to buy right now, I don't want to regret this chance as bitcoin's price is too low right now.
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December 18, 2019, 04:25:33 PM
 #10

I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.
tungaqhd
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December 18, 2019, 04:32:29 PM
 #11

Just read this article on whether it's a cool idea to get gold this christmas:


https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/


My reasoning to NOT buy gold:

BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:

It's shiny?
I think buying BTC is a better decision now (also a risky decision). BTC would bring you bigger profit than gold because BTC price could pump in the future.
pawanjain
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December 18, 2019, 04:33:32 PM
 #12

Bitcoin is indeed at a very low price right now. If I had some money to spare on bitcoin I would have spared it all on it.
Gold on the other hand is almost near to it's ATH price in India right now. Buying bitcoin would be the obvious choice between the two.

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December 18, 2019, 04:36:56 PM
 #13

I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.
The answer depends on the investor, there are investor who want safe investments but there are also who want to take risks. In terms of safe investment, gold is more better than bitcoin. Both of them are assets but bitcoin is a speculative asset where its price is always changing because of the volatility. We can earn more in bitcoin but we can also lose big in bitcoin investment.
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December 18, 2019, 04:38:32 PM
 #14

I think it's a good time to buy RIPPLE. it's the lowest price we've seen in forever!
I am sure that the price of XRP will never surpass ATH again. So let's not waste time and money investing in XRP, I've been following it for over a year and XRP is constantly being sold and the price can't go up. It is best to buy Bitcoin at this point, the price is really good to buy. Today BTC fell to $ 6400 and is currently recovering at $ 6800

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December 18, 2019, 04:40:11 PM
 #15

Yes its also good to buy gold now to gift on your love ones and also its good to buy bitcoin now while price is cheap because this sale on bitcoin are not always happens so its good time to take advantage the cheap price of bitcoin now.
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December 18, 2019, 04:44:53 PM
 #16

I’ve never invested in gold myself but it’s definitely a good time to buy bitcoin. The halving is in May 2020, so guaranteed profits if you buy bitcoin now.

You’re probably guaranteed to profit from gold too, governments just keep printing more worthless fiat. Hedge against deflation by buying bitcoin preferably but gold would be profitable too but less so.

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December 18, 2019, 04:45:13 PM
 #17

I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.
Thats true. Gold and Bitcoin have their own criteria. In the article explained that when Christmas is the right time to buy gold, this might be the effect of a long holiday, so that many price hikes in the market are unpredictable. However, in my opinion, whenever you have funds, take the time to buy gold, consider it savings, because the price of gold tends to rise even though the movement is slow, even if the value is not too much down. So the risk is lower than volatile BTC. Of course, it is not fair to compare the two, because each has advantages, and each person has their own tendencies.

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December 18, 2019, 04:49:27 PM
 #18

Just read this article on whether it's a cool idea to get gold this christmas:


https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/


My reasoning to NOT buy gold:

BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:

It's shiny?

Well if you are still on doubt why not just put portions of your investments on different kinds, for example in gold is 30 percent, for crypto another 30 percent, and some other business related or even save it on the bank for fiat. That is a low risk if your having a hard time picking. If you are a gambler then you could pick one and win big or the opposite.

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December 18, 2019, 04:56:58 PM
 #19

In my honest opinion, it is good to start investing in these both assets and cryptocurrency as soon as possible because the value or price is still increasing in every year that passes,

I think it is OK if you would enter an investment with Bitcoin even if the price is high because it would eventually increase in price, But it is better to enter a bear market because you can surely feel the instant increase of money you can gain,

While in Gold it is still OK to invest but not as good as the recent years when its value is still underrated, but it is OK to invest in gold because the value of Gold is not depleting and increasing that fast.
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December 18, 2019, 05:11:58 PM
 #20

It's almost always a good time to buy bitcoin if you're bullish in the long term anyway. Stop trying to time the markets, as chances are, you're going to be bit in the bum.

I think it's a good time to buy RIPPLE. it's the lowest price we've seen in forever!
I sure hope hope this is sarcasm.

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