Is it a good time to buy BTC or Gold?

[alexsandria]

Bitcoin I supposed? And I know you knew it. Or let me get this straight for you if you are still wondering which one to buy given the situation right now. Bitcoin market will soar sooner, price would increase, right? You would rather sell it than to buy at a given price. So, as for the current situation right now, it is the best time to buy or hodl crypto rather than gold which you could buy it anytime.

[adzino]

Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

[arwin100]

Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

Because there are articles that bitcoins is compared to gold in terms of investment option or in growth you can read it here https://www.jmbullion.com/bitcoin-vs-gold-infographic/ that's why you cannot blame him to ask here since maybe he is confused upon the profitability of the two compared assets.

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

If you can risk then go with bitcoin since it will give you a higher chances of returns if market will goes up but if you want a less risk then go for gold since times goes by the value of gold became more expensive and this is physical asset where you an trust with.

[BigBos]

Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

one of the reasons why they like to compare gold and bitcoin is because both of these things have the same investment point. they sometimes compare the benefits they can get from retaining one of those things in the long run.
people who have just entered the world of investment, and are familiar with bitcoin, must be confused about choosing it. however, both are very suitable to be held in the long run, it's just that bitcoin is a bit riskier. so far, I myself am aiming for gold, but somehow I even have bitcoin

[STT]

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

Relative to what, seems hard to gauge these things as there is never a fixed price or clear ratio of demand to supply.   You are talking about relative performance near term I guess:
 We fell from 13k to 7k for BTC which is big sure but fairly normal also I guess.
 Gold fell 1566 to 1469 so its considered still high.

I would never recommend just holding one asset type, hold a variety.  Continue to buy in whatever proportion you think best but I would argue against 100% of one particular thing.    All modern western countries used to have money based around gold, for long term reasons it helps support trade by providing a common platform of value.
   Like sand being washed away from beneath the ground you stand, every year the money is becoming greatly distant for any gold holding.   So do nothing and you are selling gold, not you personally but as a nation you are now distant from the economy your parents took part in.   Now you have economy of debt, political holdings based on promise and the hope the paper is good for a few years rather then centuries.   The only thing that might easily prove more volatile then BTC is politics imo.

Gold is not expensive is the point Im trying to make, it has to be considered in many different measures to try and sum up its worth.   If we measure in paper its going to keep looking expensive because the paper is endless in supply.   I'll post this link and hopefully its possible to get a better personal reckoning on relative value - https://pricedingold.com/

[cryptoangel]

In current traffic Bitcoin is a wonderful choice for longterm relationship, But gold also one of the strong investment in forever. My suggestion is Bitcoin make huge profit on short term so all are concentrate the crypto platform. I think current dump is the best choice for large investors and most of the peoples are holding the gold and Bitcoin so we never predict the best time for each one.

[Oneandpure]

Big reason why buy and invest with gold only less risk because gold never back and dump with lower price, for bitcoin many risk have ready faced when price down can increase more than 50% but we can get much profit just short time because bitcoin can up suddenly maybe one week or one month seeing bitcoin have higher price.

[Meowth05]

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?

The good thing of purchasing a gold is that it can last long as a matter of fact it has been used for such a long time unlike Bitcoin. Gold has been guaranteed that will continue for the last of years while future of Bitcoin is vague due to the reason of appearing of owned digital currency by government.

[Distinctin]

...snipped...

The good thing of purchasing a gold is that it can last long as a matter of fact it has been used for such a long time unlike Bitcoin. Gold has been guaranteed that will continue for the last of years while future of Bitcoin is vague due to the reason of appearing of owned digital currency by government.

Gold have its potential to grow every year and yes, it was a good asset to hold for many years. But we are looking something that we believe to makes us more profitable even in short period of time. That is why people come and risk their money on Bitcoin. In fact, we also notice that many high profile person involved in here cause that is also they look in bitcoin investment. We have that options but gladly to take them both.

[dimonstration]

Big reason why buy and invest with gold only less risk because gold never back and dump with lower price, for bitcoin many risk have ready faced when price down can increase more than 50% but we can get much profit just short time because bitcoin can up suddenly maybe one week or one month seeing bitcoin have higher price.

If we focus on trading we can eventually earn from BTC even the price is still at low range, earning will just depend on how skilled we are in trading unlike in gold even it's a good investment not many are willing to trade it with as it can only keep for period and may not increase in value as many still supplies gold. BTC will soon to used all it's supply that will cause a huge demand and increase in price.

[Colt81]

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?

In my own opinion, it is much better to buy bitcoin instead of gold that bitcoin is now in a lower price and it has more potential to grow in the future because a lot of people still doesn't know about bitcoin and cryptocurrency, that is why there is a huge chance that bitcoin will continue to increased it's price even more. Unlike gold it also has a potential to grow, but not profitable like bitcoin.

[The Sceptical Chymist]

You have to be a big fool to buy gold instead of btc right now

I absolutely agree, but only if you're buying it for yourself.  Giving gold as a gift for the holidays would be a nice thing and probably one of the only reasons to buy gold at all right now.  And it's hard to give bitcoin as a gift.  I doubt there are many people outside of the very hardcore bitcoiners who actually do this.  You can't wrap it up with a bow and you can't stuff it in a Christmas stocking unless it's a paper wallet, and then of course the issue of security comes into play. 

But gold as an investment instead of bitcoin?  I don't think so.  Nor do I think we really need another damn gold vs. bitcoin thread.  This has got to be at least the thousandth one I've seen since I became a member of the forum.

[Dart18]

No. Let us not be hypocrites here.
Gold is still a good investment.
Even if you are in n a forum about bitcoin you should not lie about the truth.
Bitcoinn is still volatile and it aint easy to seel it back.
Unlike gold which can be sold easily p2p or you could directly sell it or pawn it for cash.

I would pick gold for long term investment and assurance.

[Oneandpure]

Exactly good time to buy bitcoin than gold because bitcoin can increase higher chance percent to get profit than gold only change about 5% in one year, for bitcoin reached 5% maybe just few minutes and we can get more than 100% change of bitcoin price just few days later, but with bitcoin look risk because bitcoin can dump without prediction before.

[enwi]

I think, gold or bitcoin is up to you where you will invest because I think both have advantages and disadvantages of each and both are profitable investments, there are people who prefer bitcoin but there are also those who prefer gold

[Bezobraznike]

I think, gold or bitcoin is up to you where you will invest because I think both have advantages and disadvantages of each and both are profitable investments, there are people who prefer bitcoin but there are also those who prefer gold

    In last 10 years Bitcoin raised much more in value than gold. Can we expect next 10 years to go in favor of Bitcoin again?
I believe answer is yes, Bitcoin can rise more then gold in terms of value in period of next 10 years.
   Bitcoin has a huge potential, but in the same time it's more risky. Gold will rise, I don't doubt in that, but like until now we
can expect that rise to be slow and steady. To put it like this in next 10 years gold can rise x2-x5, Bitcoin can rise x100 if
it comes on million dollars.

[crossabdd]

both are very good. buying gold is an investment in the real world, while buying Bitcoin is an investment in online (crypto), buying gold does not have to be at Christmas. because I think for the long term, you can buy it now. as well as bitcoin. You can buy now for future investment. if you have a lot of bitcoin, I think buying gold with some bitcoin is good.

[Darooghe]

Both are excellent investments. gold is free from all taxes and value-added tax. It's your number one anonymous asset that can help you during periods of money printing on steroids. Bitcoin is also amazing, it is an easy way to store wealth but it can do so much more. However, it needs to prove itself during the next financial crisis. I think around 2021-2022 is when we are for the next recession, and we never had bitcoin during a any recessions. Thereby if your portfolio is big enough don't put all eggs in one bag. Just put 60% in bitcoin and 40% in Gold.

[bering]

I don't know why although some of my friends already explain the advantages having gold but i never thinking to invest and putting my money to gold and currently i have already became slightly don't care if people says bad for bitcoin because i do liked to collect bitcoin satoshi to satoshi although the price currently not supported to get profit but i do not want switch my investment portfolio to gold or other investment tools

[Republikcoin.com]

both are very good. buying gold is an investment in the real world, while buying Bitcoin is an investment in online (crypto), buying gold does not have to be at Christmas. because I think for the long term, you can buy it now. as well as bitcoin. You can buy now for future investment. if you have a lot of bitcoin, I think buying gold with some bitcoin is good.

although both types of investment are good, but so far I only have bitcoin, and I don't have gold. I always think that owning gold is a good investment. it's just that seeing its development long enough makes me prefer bitcoin over gold. although the risk is quite high, but with the right decision I think we can minimize it. however, both are still good investment tools for the long term.