LEON331300 (OP)
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September 09, 2020, 08:55:21 PM |
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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!!!!
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Zeehaxan
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September 09, 2020, 09:28:31 PM |
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As an investor and crypto enthusiast i will definitely pick bitcoin, gold is only good at times of bad times in global economy or panic situation in economies worldwide. Also for bitcoin you have full control and liquidity while for gold you may not always find buyers in your local area.
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Sirait
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September 09, 2020, 09:55:00 PM |
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Bitcoin is a new type of investment whereas gold is an old type. gold is a type of investment that promises a stable price because the price changes are not so wild.
but I don't like investing in the type of investment that has a stable price, I prefer the type of investment that can give big returns in a fast time like Bitcoin.
btw, it looks like you have the wrong thread.
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pixie85
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September 09, 2020, 10:01:23 PM |
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You can find many similar threads on this forum and on Reddit.
Most people will recomend having both because you can never know what will happen in the world. Maybe there's a war or an EMP attack on your country that will render all electronics useless. You may need to buy something but you won't have enough cash and you won't be able to access your bitcoins. In such case you will always have some gold.
It's an extreme scenario but I used it to show that in different situations different things can become life savers.
I don't have gold only cash and cryptocurrencies but I'm not saying you shouldn't buy it.
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JamalAmal99
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September 09, 2020, 10:08:10 PM |
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Back to yourself, from how many you can bear the risk!
If you can bear the high risk of getting a profit that I recommend Bitcoin, especially after Bitcoin reaches the price level 9300 is likely to Reversal.
But if you want to play safely with low risk low return, I suggest gold. Especially gold is currently in a trend up, just wait when the price is already the support level and you can buy.
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hummer113
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September 09, 2020, 10:08:54 PM |
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A quarter of gold, a quarter of bitcoin and half of cash to buy more when they fall in price, I don't think we are at the bottom now, there will still be chances to buy well.
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harapan
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September 09, 2020, 10:12:24 PM |
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Initially I only invested in gold but when I got to know crypto I also invested in bitcoin. So the investment for me now is 50% gold, 40% bitcoin and 10% in altcoins
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Keeng Daveed
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September 09, 2020, 10:18:56 PM |
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Without thinking twice I'll pick Bitcoin, though Gold is stable and sure. But if I can take a quick flash back to last 10years the rate of Bitcoin was very low compared to now. Its growing. I'll rather pick what will keep growing. That Pick what's just stagnant, gold won't increase in price. But bitcoin can increase more at any time. It can even rise up to 100k dollars.
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cryptofirm
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September 09, 2020, 10:22:20 PM |
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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!!!!
i think if you have a huge amount of money, its better to split your money and drop it in GOLD and Bitcoin my friend because for me both is not an options buddy
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livingfree
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September 09, 2020, 10:30:13 PM |
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Gold can still bring you good return. You said as an example if you have a lot of money. Investing with huge amount can potentially give you bigger returns so that still applies with gold but it's lesser volatile.
If you can do both, why not have them? you have diversified to both store of value. Having both can balance your risk appetite, if bitcoin sways, gold won't sway a lot and the same applies with winning and losing, vice versa.
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CuriousGeorge
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September 09, 2020, 11:14:48 PM |
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There was a lot of predictions if gold will be reaching more and more new ATH in the future and just take the wise decision to take both as your investment. Bitcoin will be much more profitable when you can enter the market at the dip price. Both were offering the same thing like stability but if we are seeing from the usability and bitcoin is much better consider it was not getting manipulated like gold.
I personally will try to put more into the bitcoin and the rest for the gold.
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Zemomtum
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September 09, 2020, 11:59:38 PM |
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Both are good asset class but most people prefer to buy gold because of its price stability. BTC brought revolution and eliminate any middle-man making us to be our own bank by being a custodial of our finances.
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chikator
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The Fourth Generation of Blockchain in DeFi
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September 10, 2020, 12:33:04 AM |
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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!!!!
If you want to not do anything but dont mind getting a small return, definitely gold. I dont see gold bringing down in value in the relevant future. But if you want a bigger return then you have to work hard or else youre going to lose your investment in bitcoin.
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Febo
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September 10, 2020, 01:06:25 AM |
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Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
If you have huge amount you should diversify. If not that huge amount you should buy Bitcoin with a sole reason that Bitcoin have might bigger potential. Both assets will go up in next 10-20 years. But Bitcoin will go up way more.
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cryptothreads
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September 10, 2020, 03:02:39 AM |
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There was a lot of predictions if gold will be reaching more and more new ATH in the future and just take the wise decision to take both as your investment. Bitcoin will be much more profitable when you can enter the market at the dip price. Both were offering the same thing like stability but if we are seeing from the usability and bitcoin is much better consider it was not getting manipulated like gold.
I personally will try to put more into the bitcoin and the rest for the gold.
If I were an investor I would optimize my investment but would tend to invest more in Bitcoin because this coin is worth more than gold. Of course, I will also invest gold but if I do, I will keep for a long time because gold is very useful in my daily life. Anyway, when choosing an investment, it should be considered carefully because large fluctuations can cause investors to lose money at any time.
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djmixen
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September 10, 2020, 03:12:07 AM |
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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!!!!
Well, obviously of course, if you anyone is a bitcoin fanatic they will gonna choose Bitcoin. It is because they knew and believe that it has a good future. Although Gold is not bad in fact, this is good as back up by real currency. Like for example US$ back-up by Gold something like that. And it's not practical nowadays to invest in it if you want a quick profit.
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maydna
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September 10, 2020, 03:20:59 AM |
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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!!!!
I guess that will be easy to decide. But first, I want to know how much money you have. If you have $100k, I suggest you invest in both gold and bitcoin. Right now, gold moves seem very good, and I think that can be your long term investment as the material of gold will not infinite. And then you can invest in bitcoin for your second long term investment. After that, you should leave the market and don't take a look at it because the market can make you become confused to see the price fluctuate. Both gold and bitcoin will have the risk, and you should know how to prevent the big risk. If you can minimize the risk, then that will not be a problem for you since you want to have a long term investment.
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Leonard2016
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September 10, 2020, 04:53:22 AM |
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I would share my money 50% gold and 50% bitcoin , I would rather to keep eggs in different baskets, in 2020 gold did an ATH due to the covid 19 and proved that people still believe in gold much more than anything else .
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TradingBull.io
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September 10, 2020, 05:32:40 AM |
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You may definitively want to do both. Diversification is a great hedge against risks.
Note that you can find tokenized gold like PAX Gold
more liquid and somewhat more convenient.
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bangkecol
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September 10, 2020, 05:46:16 AM |
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Gold and Bitcoin , both is good to invest on it. For hope get higher profit , in the current market , choose to invest in bitcoin. But , for low risk choose gold is not problem. Or maybe you can deserve your money into bothly.
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