NavI_027
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September 10, 2020, 05:53:47 AM |
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No need to think where, invest with both as much as possible. Gold can make you look fancy while bitcoin can give you the feeling of living in 2030 lol. Forex trading is a little bit complicated, but on the other hand, crypto trading is more accesible even to a youngster. Therefore, it will be just a waste of our time and effort if we compare it to one another all day long . They are good assets possessing their own pros and cons. That's it. But if you are just a beginner then I advice you to try bitcoin first because you can easily buy small portions of it thus you will not get hurt too much because you lose small amount as well. Treat this as your training ground. Just my own opinion tho.
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crwth
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https://linktr.ee/crwthopia
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September 10, 2020, 06:03:47 AM |
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Just like what others said, diversification is vital for less risk for your capital and make sure your investment grows. So in this kind of situation, let's say that it's only for one. If I were to choose between the two, I would select Bitcoin. I'm quite of a risk-taker, and I have lost a lot of money due to my character like that, but I always thought that without risk, you could not grow your money. You can do it the smart way and be balanced with the way you approach it. Look at it this way. It's better to have more options for your investment, rather than a single asset. What I mean is, with Bitcoin, you could: - Buy Services with Bitcoin
- Trade another crypto with Bitcoin and increase the growth of your capital even more
There are a lot of ways you could do it. You would need to be patient and understand it.
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wiss19
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September 10, 2020, 07:08:57 AM |
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You’re asking the question on a Bitcoin forum, so what the answer you’re getting is definitely going to be Bitcoin. But that aside, I am still going to choose Bitcoin over gold, or maybe invest a little in gold and the rest will go to Bitcoin. Bitcoin is easy to sell for me at anytime, and the profit that comes from it will be huge compared to what I am going to get from investing that money in gold. The crash can be huge in Bitcoin, but it’s not like it’s going to be down forever, after everything the market will still recover and I will make my profit back. Gold is also a good investment, if you can’t decide what to go with, just divide the money like I said at first.
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btcltcdigger
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September 10, 2020, 07:18:14 AM |
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Split your money into two parts, equal distributed. Call the 1st part "Precious metals" and call the 2nd part "Crypto"
Precious metals should contain - 50% in gold - 35% in silver - 15% in copper
Crypto should contain - 50% in bitcoin - 35% in ETH - 15% in various altcoins (link, ada, dot, etc...)
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so98nn
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September 10, 2020, 10:08:04 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 everything you look at is with intentions of profit then this is fine answer, because bitcoin can bring you large amounts of returns in no time. Sometimes people earn big amounts of chunks in single day than anyone would earn from months of investments in stocks, golds etc. But with the stable investment point of view of course no one can touch the beauty of gold. FYI: Gold is also profitable these days if you see high peek in the Gold prices. If you don't want to be quick rich then surely Gold is what you looking for. Invest, lockout the funds, and wait for few years to see prices hiking like crazy. I would say it's a win-win situation.
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mnporter2001
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HEX: Longer pays better
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September 10, 2020, 10:15:38 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
So which has your vote? Gold or Bitcoin!!!!
In my opinion, we should invest in Bitcoin better than gold. We know that crypto is a new financial market but it does not have the strict control of any government. The illegal and mysterious things always make people curious, then our markets will have diverse types of people and diverse ages. I saw boys in high school but were interested in blockchain as well as cryptocurrency. Our market is very futuristic, and bitcoin is sure to grow even more in the future when supply falls short of demand.
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Reid
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September 10, 2020, 10:27:11 AM |
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I asked my wife and she picked Gold. Ladies. I am not a fan of Gold but I became a fan of Bitcoin as years go by here in this forum. Even in my young days I never wear gold. They say it has something that will bring you near God but that is the old testament. Now it is just an investment, a property or to show off. Bitcoin on the other hand has a great feature that may become usable someday. That is why it is best to buy early. Just like gold 500 years ago.
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Henrytrust
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September 10, 2020, 10:38:59 AM |
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If I'm to chose between investing in Bitcoin or gold, I'll most likely invest in Bitcoin. This is simply because I have confidence in the cryptocurrency market and I vehemently believe that if bitcoin is traded it could give amazing returns. Gold no doubt is what considering due to its stability and durability, but I'm majorly concerned about returns on investment.
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Princejebs
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September 10, 2020, 11:11:53 AM |
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I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
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wildflower18
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September 10, 2020, 11:15:22 AM |
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If I'm to chose between investing in Bitcoin or gold, I'll most likely invest in Bitcoin. This is simply because I have confidence in the cryptocurrency market and I vehemently believe that if bitcoin is traded it could give amazing returns. Gold no doubt is what considering due to its stability and durability, but I'm majorly concerned about returns on investment.
Well mostly will opt to choose bitcoin as it has more opportunity can gives to the user. Op has the choices when it comes to investing in both bitcoin or gold. If he has a high funds diversifying is also a nice decision.
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xandriel
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September 10, 2020, 11:19:24 AM |
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I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
I agree with you. If I compare the two, I see Bitcoin has more advantages and will definitely have a higher total capitalization than gold one day. However, in order to gain more public awareness, the entire crypto market needs to be legalized as this is something that will make investors feel more secure. This year I only invested in Bitcoin because the profit from this coin gives me very high.
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Mauser
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September 10, 2020, 11:25:21 AM |
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I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
I agree with you, hedging your portfolio with precious commodities and bitcoins is the best way. But one thing to notice is that the gold price is much closer to its all time high than the bitcoin price. In my opinion there is much more room for bitcoins to go up in price than gold. Another problem is that storing physical gold is expensive,much more than you pay for any bitcoin wallet. Better to go fit bitcoins than gold.
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Wildwest
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September 10, 2020, 11:40:09 AM |
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We as crypto users will certainly choose bitcoin to invest because the price movement is rapidly changing to a higher lift so that in a moment we can get a big profit, but the risk is also great if the price drops then we will definitely suffer losses, whereas gold price movements can be said to be stable so the risk to invest is very low, and the profit we get is also small.
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blckhawk
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September 10, 2020, 11:53:48 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 in my case, I am not that kind big of investors so I have no definitely access to Gold investment so I will go for Bitcoin due to the fact that it is pretty convenient and accessible for everyone. Besides, what I like about Bitcoin is the high volatility which can never be seen on Gold. Not gonna lie gold is more stable and more secure than Bitcoin but remember the higher the risk si the higher the profit will be. Moreover, I've been here almost 3 years in this industry so I witnessed what Bitcoin can do within a single amount of time.
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Warkop
Sr. Member
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Vave.com - Crypto Casino
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September 10, 2020, 11:55:35 AM |
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If I am told to choose between Gold and Bitcoin, I would prefer Bitcoin for my future investment and the potential will be better than Gold, why would I prefer Bitcoin for investment because I will hold Bitcoin for a long time and I believe the Bitcoin price will be more well when the time comes. Unlike gold, if I invest in gold for a long time, I am afraid that the price will not go up when needed and want to sell it the yield is not what we want in the future.
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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September 10, 2020, 12:59:25 PM |
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If I am told to choose between Gold and Bitcoin, I would prefer Bitcoin for my future investment and the potential will be better than Gold, why would I prefer Bitcoin for investment because I will hold Bitcoin for a long time and I believe the Bitcoin price will be more well when the time comes. Unlike gold, if I invest in gold for a long time, I am afraid that the price will not go up when needed and want to sell it the yield is not what we want in the future.
Warkop I agree with everything you said, but except the potential better rise in the price, I think Bitcoin have many more advantages over Gold. What we can say about the future from this point now is that we are going into digital era, people are connected on more ways now than ever before, and Bitcoin is digital, it can be the money of the future. Easy to hold and transact, you can work with Gold in the same way you can with Bitcoin. My choice is Bitcoin, if I have gold I would sell it and I would buy Bitcoin.
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Crypto_lion
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NEW MEDICINE:Faster, Safer, Smarter
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September 10, 2020, 01:15:51 PM |
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I would say gold and Bitcoin both are Good hedging options right now for your traditional investments. I would also say invest a small amount maybe 10 percent In altcoins which you can afford to lose.
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Surrapatt
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September 10, 2020, 01:19:30 PM |
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I would say gold and Bitcoin both are Good hedging options right now for your traditional investments. I would also say invest a small amount maybe 10 percent In altcoins which you can afford to lose.
I agree with the phrase you are saying, that gold and Bitcoin are both good hedging options now for traditional investing, because they are very well suited to be held in the long term by anyone.
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TimeTeller
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September 10, 2020, 01:54:08 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!!!!
Well in my case, I am not that kind big of investors so I have no definitely access to Gold investment so I will go for Bitcoin due to the fact that it is pretty convenient and accessible for everyone. Besides, what I like about Bitcoin is the high volatility which can never be seen on Gold. Not gonna lie gold is more stable and more secure than Bitcoin but remember the higher the risk si the higher the profit will be. Moreover, I've been here almost 3 years in this industry so I witnessed what Bitcoin can do within a single amount of time. That's the problem with gold investments, not many people can afford to have their own gold stash. But with bitcoin investments, everyone can participate as you can buy even a small fraction of it. But then again, if you have the funds to go both, would be a smart move if you can have both investments. Gold is a tangible asset and you will not worry about its price volatility. You can very well sleep soundly without worrying the value of your gold will go down rock bottom. Whereas, if you are going crypto in full blast, you heart palpitates every time there is sudden change in the market.
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Ridwan Fauzi
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September 10, 2020, 02:17:11 PM |
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Did you know this term 'don't put egg in one basket' yeah as an investor you have to know it. It means, you are suggested to devide your money in several place. In this case, you can choose bitcoin and gold as your investment place.
So, you won't have a confusion anymore, just focus to see their movement price because they have a volatility price if I've seen so far. But, it will be good if you choose it for long term investment because I'm sure they will have a high price than now.
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