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Author Topic: Gold or Bitcoin  (Read 59373 times)
Rebisco
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November 19, 2020, 03:26:11 PM
 #281

If I huge amount of money, I will not put it in something stable so for me bitcoin is the best choice and the best investment that I can make, the volatility of the bitcoin is the thing that I like wherein I can make double digit gain in just weeks unlike in gold your investment is so stable because it has the characteristics of safe haven asset. But the investment strategy that you should do will depend on what skills that you have.
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November 19, 2020, 03:29:26 PM
 #282

In terms of profit making bitcoin has the highest win here, gold has no high price revaluation like Bitcoin and Bitcoin creates more opportunities to earn than gold, buy low and sell high is what makes bitcoin and even many altcoins a better investment
Gold is always better for savings because of its excellent value and bitcoin is always a good investment if you can afford to buy at the right time. I'm sure a lot of people made a fortune when they bought bitcoin for $3k a few months ago
Imagine that you able to buy bitcoin when its price is still at $3K, for sure you will have now triple digit gain where it can considered as very high returns because you are earning that kind of gain in just months of holding. It will take a lot of years maybe a decade before a gold make a triple digit gain, bitcoin can help us to achieve financial freedom as long as we have knowledge about it.

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November 19, 2020, 03:32:34 PM
 #283

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!

For long term investment I would prefer bitcoin. I believe that bitcoin will have a good price in the future. Gold is stable compare to bitcoin but you are right it doesn't really bring good amount of income in return. Bitcoin is risky but I don't think it will drop down that big. Beside the price of bitcoin now is at good buy for long term investment.
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November 19, 2020, 03:37:11 PM
 #284

if you have large amount of money then you can take both option, be it gold or bitcoin. if I am personally in your position then I will put some money in bitcoin and some in gold. although it is very profitable but bitcoin has a high risk compared to traditional investments such as gold. So, the decision is yours. My advice is always to reconsider before investing your money.

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November 19, 2020, 03:46:15 PM
 #285

Bitcoin earns more than gold because the price of bitcoin rises faster and longterm unlike gold the price does not rise much if I have a lot of money I prefer to invest in bitcoin because I know if this coin has a future but it is big bitcoin is still risky because the price also falls fast so it is better to buy bitcoin when the price is low.

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November 19, 2020, 03:48:07 PM
 #286

For times like now, I will choose bitcoin to be profitable in the next few months, because I believe bitcoin will reach their highest price at least they'll reach their new ATH.
Meanwhile, the current gold price is still very high and not suitable for investment if you want to get profits in a short time.



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November 19, 2020, 04:44:12 PM
 #287

Gold and bitcoin both are good investment, gold is valued based on the history of its usage and the rare availability. When it comes to bitcoin everything is almost same, only difference is the mining process takes place electronically.

Whenever you plan of making an investment it is always good to understand well and move further. Because both forms of investments are speculative and doesn't move following specific procedure.

Bitcoin can be preferable for short term profit as the growth will happen in large scale in a short time period. With gold the thing is entirely opposite.

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November 20, 2020, 02:37:02 PM
 #288

Actually I prefer to invest in gold, maybe this is also because of the traditions in the area I live in because here the benefits we get from gold are not only from the fluctuation of prices. But the current gold price is still very high so it is not suitable to buy gold at this time.
As someone who already knows about cryptocurrency, it would be naive to have capital and not invest it in bitcoin at times like now.



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November 20, 2020, 03:35:29 PM
 #289

why not just take both? bitcoin and gold are both profitable but have differences. gold increases every year, this is a traditional investment and most people also own gold. bitcoin has a high investment risk appetite but it is profitable if the market is increasing as it is today, and you can get high profits especially if you have accommodated bitcoin when the price is $ 9k so if you sell now, the profit percentage is very high.

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November 20, 2020, 09:48:40 PM
 #290

Bitcoin and Gold are profitable, but the price of Bitcoin is very volatile so it can provide a much bigger profit than Gold.
Moreover, this year the performance of Bitcoin is indeed extraordinary, the pandemic situation has not affected the price
of Bitcoin. Seeing the price of Bitcoin which is approaching the all-time high price, Bitcoin holders can get huge profits.
So my advice if we have a large amount of money, should look at the extraordinary performance of Bitcoin will not hesitate
to prefer investing in Bitcoin over Gold.

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November 20, 2020, 10:05:44 PM
 #291

Investing both gold and bitcoin is a nice decisions if you can have them why not. As what you already said, gold is a good investment it is profitable and what differs to bitcoin the price is volatile which you can also take the chance to invest. If my funds permit, I am more into diversifying it for a bigger profit.

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November 21, 2020, 04:09:19 PM
 #292

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!

all kind investments is risky, but we can gain our portofolio if we can manage the risk mate
so, for me bitcoin and gold is same, and i will choose both
gold is a real asset but bitcoin is a digital asset, that the main difference between gold and bitcoin


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November 21, 2020, 04:23:30 PM
 #293

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!
Gold and Bitcoin are both good investment option, one that be a bit better than the other though for example gold is more stable is value and Bitcoin fluctuates alot but still I find bitcoin to me more profitable than gold, if I have enough money I'd gladly go for both, it's always a smart plan to diversify your money

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November 21, 2020, 04:38:25 PM
 #294

for safe deposit, I think gold is one of the best because the decline and increase in gold is not very significant. but if to get profit quickly I think bitcoin is the best because bitcoin increases and decreases very fast. So I think it's an option to return to each one as you wish

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November 21, 2020, 04:57:52 PM
 #295

For times like now, I will choose bitcoin to be profitable in the next few months, because I believe bitcoin will reach their highest price at least they'll reach their new ATH.
Meanwhile, the current gold price is still very high and not suitable for investment if you want to get profits in a short time.
I am pretty sure that the choice of crypto users, between bitcoin and gold, then most people will choose bitcoin. it's not because gold is a bad investment, it's just that by choosing bitcoin, we have many options to develop the assets we have in a short time. it's just that the level of risk depends on the way you choose to make it more.

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mak013
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November 21, 2020, 05:10:37 PM
 #296

gold is better investition for long time, bitcoin is for speculators. with such jumps up and down - you can get 5-10% per week easy but you cant say what u`d get after 10-20-50 years. everyone decide by himself what he wants.

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.Duelbits.
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November 21, 2020, 05:24:41 PM
 #297

Bitcoin if you want your investment 2x,3x,4x...... But if you want a safe investment then choose gold but the profit margin is limited in this case.
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November 21, 2020, 05:28:33 PM
 #298

gold is better investition for long time, bitcoin is for speculators. with such jumps up and down - you can get 5-10% per week easy but you cant say what u`d get after 10-20-50 years. everyone decide by himself what he wants.

Gold is definitely a good investment, because the risk of investing in gold is almost non-existent,
but Bitcoin is a technology, and blockchain technology is still not mainstream,
we still haven't seen it in the public, so investing in cryptocurrencies is still very good.

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November 21, 2020, 08:54:05 PM
 #299

Right now Bitcoin and gold investment are definitely a good idea for the gold in this situation Bitcoin go only in the forward direction more than the gold Bitcoin investment is definitely good for future and getting more and more profits.

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November 21, 2020, 10:30:18 PM
 #300

Right from onset I have been a fan of bitcoin and sees nothing to compare to it. Bitcoin has been the future and the real thing same as gold is to many people but choice matters here. My one and best choice is bitcoin and nothing can change the fact. I love bitcoin and all about it. Anything crypto that's me.
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