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Author Topic: Is it a good time to buy BTC or Gold?  (Read 780 times)
darkangel11
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December 18, 2019, 05:26:57 PM
 #21

If you're comparing Bitcoin to gold shares then gold sucks. I would never invest in gold, only buy real gold bars or coins, the proper way, but even that doesn't compare to Bitcoin. When you compare how much money can be made on bitcoin it's insane. If you bought 1 BTC today near the bottom you'd make $400 in 4 hours. That's 100$ per hour.
If you took the same money (6500 USD) and invested in gold in the short term bottom and sold at the top of 1475 on the 14.12 or 15.12, you'd only make $45 and would have to wait at least 2 days to make that trade.

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December 18, 2019, 05:32:58 PM
 #22

Just invest your money on the one that you fully understand and not just buying because it is shiny or a trend. If invest your money on the things that you do understand then you have the chance to get a very good profit in the future. Bitcoin is a great investment asset if you know what it is and also gold is a great asset too just choose what you like or you can choose both too.

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December 18, 2019, 05:33:17 PM
 #23

Investing in gold is really not a smart choice. If you want your assets to be safe when the market collapses, gold is a good choice. But when the market goes down like it is now it's best to buy BTC and then move on to gold when you get a profit. BTC is currently being sold a lot and so try to buy as much as possible, you will never regret it in the future.
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December 18, 2019, 05:44:50 PM
 #24

Currently it is best time to buy BTC since it looks like it will might fall even further till $5k (pure speculation based on previous historical data).

I would not want to use Gold since BTC is basically everywhere and you should think for every future usage possibility on its take.

Think about what you could do in future generations with BTC vs GOLD. You know BTC will win the market on the long run Wink

Nothing to see here
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December 18, 2019, 05:47:44 PM
 #25

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

Don't every try investing into Ripple as this is a trap from them to attract more investors because they are centralized and once the value starts pumping they will dump it all of a sudden by releasing more tokens into the market as it's not fixed. 

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December 18, 2019, 06:24:14 PM
 #26

BTC is on sale
the price of gold is not on sale
Yea, but btc is not even guaranteed to get profit lol. It doesn't matter if it's on sale or not, you won't get anything from on sale stuff. Bitcoin is not even on sale and I don't even need to read that article to even know what is behind it.

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December 18, 2019, 06:53:34 PM
 #27

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

Don't every try investing into Ripple as this is a trap from them to attract more investors because they are centralized and once the value starts pumping they will dump it all of a sudden by releasing more tokens into the market as it's not fixed. 
It may be a sarcasm to the XRP project, because most people here know that XRP investment is a false investment. Its price could never go up like 2017 again. Every quarter a lot of XRP is sold from Dev and that will never stop, so how can the price go up?
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December 18, 2019, 08:04:31 PM
 #28

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?
Gold's value has been quite constant lately that's why it is not really adviceable to buy some of it. Bitcoin's value has been going up and down for so long too but at the moment, its value is currently very low which makes buying more strategical and makes it a better season for holding. In crypto, only those who knows how to play when the price of coins are changing can be the one to make the most money from their investment here in crypto and be a mindful and strategical always.
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December 18, 2019, 08:06:38 PM
 #29

I would just buy BTC because of its volatility at the moment. Seems like a good bet to me in the long run. But if you want to play it safe you could always go the gold route I guess.
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December 18, 2019, 08:57:01 PM
 #30

I believe this time is perfect to buy Bitcoin (I don't know for gold, anyway). Even if price goes down a again after you've bought, there is no cause for alarm. Admittedly, I have noticed this pattern with Bitcoin during Xmas - price always drops.

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December 18, 2019, 10:59:13 PM
 #31

I am not a fan of buying a Gold and it would be better to buy Bitcoin since it is possible to jump its price more than the value we expect and much profitable when making a daytrade and also good for a longterm investment.

And only my parents are fan of gold and bought whenever someone is selling it from middle east and i don't know if its really cheap gols there.

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December 18, 2019, 11:10:25 PM
 #32

That depends on the personality and the knowledge of a person. Since, I am into Bitcoin and know about it in details. I will invest in Bitcoin at the current price point.

But, someone who has no clue about Bitcoin will always invest in Gold. Those someone are a lot in numbers than those like us.

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December 18, 2019, 11:11:44 PM
 #33

In my opinion, people who do not buy bitcoin now, will regret later. Because the price of bitcoin like now is very rare happens.So take
advantage of the best opportunities.Indeed there is nothing wrong with buying gold, because gold is one profitable investment and has
a very low risk. But if we compare it with bitcoin, obviously I would prefer bitcoin compared to gold. Because bitcoin price movements
are volatile, this can make us quickly make a profit. Unlike the golden ones the movements are very slow.

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December 18, 2019, 11:44:55 PM
 #34

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?
Not a good reason to buy gold but for now I’ll go for bitcoin because bitcoin is so fast to grow compare to gold and bitcoin its more convenient to own and you just need to buy online and you can now use it unlike the gold. Bitcoin is cheap right now, best time to get more and hold more.
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December 18, 2019, 11:46:28 PM
 #35

In my opinion, people who do not buy bitcoin now, will regret later. Because the price of bitcoin like now is very rare happens.So take
advantage of the best opportunities.Indeed there is nothing wrong with buying gold, because gold is one profitable investment and has
a very low risk. But if we compare it with bitcoin, obviously I would prefer bitcoin compared to gold. Because bitcoin price movements
are volatile, this can make us quickly make a profit. Unlike the golden ones the movements are very slow.
Looking at the current situation, bitcoin is a very good choice for investment because the price is so affordable at this moment and with a blink of an eye, the price may go upward the next day and eventually you'll make higher profits compared to gold investment wherein the price is just stable, it might give us profits but a very small amount.

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December 18, 2019, 11:50:57 PM
 #36

this is the best time to buy bitcoin. I'm sure of it, because in the next few months you will be surprised to see the results ... !!

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December 19, 2019, 12:53:39 AM
 #37

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?

You have a good reasoning gold cannot reach the kind of hype Bitcoin is enjoying, yes gold is a good asset but not a must-have asset in our present-day and if I have the option I'll definitely go for Bitcoin, price was trading at $6700, can you imagine the profit that you are going to hodl until the halving.

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December 19, 2019, 02:32:55 AM
 #38

of course right now is buying bitcoin. and yesterday was the perfect time to buy bitcoin when the price of bitcoin dropped to $ 6600. the price of bitcoin is currently rising again to $ 7200. but it's never too late to invest in bitcoin. wait a few days maybe the price of bitcoin will go down again.
and I did not choose to buy gold because the benefits gained between investing in gold and bitcoin are more bitcoin. but the risk of bitcoin investment is greater.

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December 19, 2019, 05:19:26 AM
 #39

Gold is not a good thing for the purpose of investment because Gold has a depreciation cost and when you sell your gold then you must consider that thing whatever the price you will get, on the other hand, Bitcoin is not like that. when the price will get high then you could make a good amount of profit for sure. so investing in gold would not be a good decision for the long term investment, Following my observation regarding this Bitcoin investment, I think this is another good time to buy Bitcoin for any purpose because of the Bitcoin price will get a good place very soon.

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December 19, 2019, 05:46:30 AM
 #40

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?

simple for me, gold is safe investment with insignificant profits and movements, while bitcoin is a big risk with large profits and movements too.
of course I will buy bitcoin, I have a greater chance to become rich by buying bitcoin than gold.

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