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Author Topic: Gold or Bitcoin  (Read 59367 times)
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September 10, 2020, 11:29:49 PM
 #61

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!!!!

depending on what you want, if you want to get a big profit but have a big risk then I suggest you to investing in Bitcoin, but if you want to invest safely and the price increases very slowly (gives a small profit) then I advise you to invest in gold, because gold has been recognized by all countries as a legitimate investment, so that if you invest in gold it will definitely be safe even though the profit you get will not be as big as you are investing in Bitcoin and I personally prefer to invest in Bitcoin, because I can get a very big profit in a fast time even though the risk is also big.

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September 10, 2020, 11:43:33 PM
 #62

It depends but for a long time investment I will definitely go with gold because it is much more stable than Bitcoin.No investment can guarantee a profit or loss it is only time that tells that.The value of gold in the market hardly fells low unlike bitcoin in which their is no such certainty.Secondly gold prices quickly goes back to normal after fall unlike bitcoin which takes a lot of time to recover from huge fall so with long time investment I will definitely go with gold.

What do you do in the crypto market? Here, the correct answer can only be Bitcoin. You can argue for a long time what is better and worse, but the advantages of gold only in a long history and in universal recognition. If Bitcoin manages to gain mass acceptance among people in the next 10 years, It will definitely be better than gold.
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September 11, 2020, 01:43:06 AM
 #63

if I am in a position like that I will divide it into two, I invest partly to buy gold and partly I invest to invest in bitcoin, because if the price of bitcoin goes down then some of our gold investment is still there.

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September 11, 2020, 03:45:31 AM
 #64

if I am in a position like that I will divide it into two, I invest partly to buy gold and partly I invest to invest in bitcoin, because if the price of bitcoin goes down then some of our gold investment is still there.
That makes sense to divide the money into two parts, and I think that is what we need to do because we can invest in both bitcoin and gold by doing that. We will have the opportunity to profit from both bitcoin and gold, while we can keep gold for a long time, and we can use bitcoin for a short, medium, and long term investment.

People who know much about investment will also do that because that means they can diversify their investment in other sectors, and not just take their money in one basket.

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September 11, 2020, 03:54:39 AM
 #65

Bitcoin and gold are a good investment so I prefer to invest 50% each.
Im a btc holder for years and the amount of profit I got is undeniably good especially during ath, but just like what you said its risky and requires lot of patience because we'll never know until when we are going to wait before we can earn. On the other side gold is proven as worthy investment though it has a slow/stable price changes, in time all of waiting will be paid off.

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September 11, 2020, 11:51:09 AM
 #66

Despite on all Bitcoin advantages and probable profitability of this asset, I choose Gold. I like Bitcoin and have some amount, but I wouldn`t invet in Bitcoin all my money, only 20-25% of my money. Cryptocurrency market is still new, comparing with the common financial market, so investments in gold are much more safer.

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September 11, 2020, 12:26:54 PM
 #67

The capitalization of gold exceeds the capitalization of bitcoin by 40 times. Is this a lot or a little, given that BTC has only 11 years of history, and gold - centuries? This ratio should change as bitcoin is massively introduced into our lives. So for the long term I think I need to hold BTC.

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September 11, 2020, 12:56:23 PM
 #68

I prefer both because they are both profitable. Gold is a good investment in the long term and is the most stable asset and can overcome in times of financial crisis. We can use Bitcoin as an investment in the short term to make a profit so we can store our assets in gold.
Yes, both are excellent investments to always hold in comparison to the other. gold of course is very good to use as a long term investment and when needed it is very easy to use. Bitcoin is actually a long-term investment, but now it is very appropriate if you want to make a short-term investment because it goes up and down very quickly, if you analyze it properly, you will get a decent profit.

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September 11, 2020, 01:46:12 PM
 #69

The capitalization of gold exceeds the capitalization of bitcoin by 40 times. Is this a lot or a little, given that BTC has only 11 years of history, and gold - centuries? This ratio should change as bitcoin is massively introduced into our lives. So for the long term I think I need to hold BTC.

Bitcoin and Gold are now a valuable asset in which both are worth investing in, well gold is safer because the decline will not be as severe as bitcoin but on the other hand bitcoin has the advantage of being able to go up by 10x in a short time.  where now investors can choose to make money in the near future.

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September 11, 2020, 02:03:41 PM
 #70

Despite on all Bitcoin advantages and probable profitability of this asset, I choose Gold. I like Bitcoin and have some amount, but I wouldn`t invet in Bitcoin all my money, only 20-25% of my money. Cryptocurrency market is still new, comparing with the common financial market, so investments in gold are much more safer.
Yes, in terms of security, investing in gold is clearly safer than investing in Bitcoin, but if we look at the profit space, then Bitcoin investment is less profitable than gold because this is triggered by a sharper Bitcoin price movement than gold price movements. which is always slow.

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September 11, 2020, 02:51:35 PM
 #71

You yourself answered your own question. If you need a big profit with a huge risk, then choose BTC. Personally, I would choose a more stable asset because in this global situation with this virus it's dangerous to invest in volatile assets.
That's right, and everyone clearly has different thoughts in the current conditions, some people who are willing to take risks for profit will certainly choose BTC and those who prefer less risk will obviously choose gold, but it would be extraordinary if one can use both of them to get a lot of profit, because both are not bad choices.
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September 11, 2020, 02:54:22 PM
 #72

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!!!!

Choose bitcoin and alcoin if you want to have big profit or big loss.
Choose gold if you want to invest low risk
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September 11, 2020, 02:57:01 PM
 #73

You yourself answered your own question. If you need a big profit with a huge risk, then choose BTC. Personally, I would choose a more stable asset because in this global situation with this virus it's dangerous to invest in volatile assets.

I would go with bitcoin and small portion with gold just for the diversification purpose. Though as I am looking for the long term so btc might give much better returns as compared to gold. Gold is sort of stable only with some hike which has already happen in past few months but potential for bitcoin to rise its ATH chances is very high and this rise will give us good profits.
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September 11, 2020, 03:40:19 PM
 #74

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!!!!

As you say gold can't bring you a good return but you're in low risk. In Bitcoin you can get big return or huge losses because of volatility but you have to take a risk if you want to gain profits. Personally, I would choose both 70% for Bitcoin and 30% for gold. Why 70%? Coz i'm confident that Bitcoin will bring a huge return.
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September 12, 2020, 06:09:43 AM
 #75

I think both assets have the capability in terms of creating an income in the future However, with the rapid changes in information technology, I was dominant in trying to invest in bitcoin when the state really started to regulate it so I felt more comfortable relying on bitcoin as a means of supporting the economy.

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September 12, 2020, 10:13:21 AM
 #76

Bitcoin and Gold are now a valuable asset in which both are worth investing in, well gold is safer because the decline will not be as severe as bitcoin but on the other hand bitcoin has the advantage of being able to go up by 10x in a short time.  where now investors can choose to make money in the near future.

Any trader who wants to earn dollars today should trade bictoin. At the same time, part of the BTC should always remain in the hold, as a long-term investment. Most people consider gold not as an object of trade, but as a way to save their money.

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September 12, 2020, 10:57:11 AM
 #77

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 me and in my opinion, I suggest that you invest your money in bitcoin especially knowing bitcoin is decentralized at the same time you can hold it for a very long time and wait for the right moment that you think is very beneficial and profitable in you. But investing in bitcoin you should be willing to take a high risk but I can safely say it will be all worth it.

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September 12, 2020, 11:21:46 AM
 #78

There are only 2 choice, Gold or Bitcoin. For me, i always choose Bitcoin for invest.
Because with that history of price, Bitcoin is more influental in economic i think.
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September 12, 2020, 12:36:45 PM
 #79

If you own a bitcoin you basically own nothing. At least not physically, you only own a private key which is worth X amount of $ depending on how many BTC are on that wallet.
Which is pretty crazy when you think about it.
When you own gold in the form of coins or a bar you can keep at your bank or take it home with you and you can touch it and admire it if you want  Cheesy.
But of course gold is not for quick gains or huge profit, it's more a reserve for the case that everything collapses again.
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September 12, 2020, 03:35:06 PM
 #80

I really do not like gold versus bitcoin because they are both the same but also so different in my mind. Gold is a safe choice, if you pick gold and buy some and save it at your home (I am against saving it at bank) that means you are safe, you will face some economical trouble and best option is still not to sell it and you will not really live too much volatility, obviously on periods like pandemic it could move around a bit but usually it is not going to go super high, not going to make you wealthy but you are also going to store your wealth there without losing, probably gaining tiny bit.

Bitcoin on the other hand could make you rich, richer than gold could make, but it will also have huge volatility meaning you could be scared and lose a lot of money if you are not patient enough.
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