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Author Topic: Gold or Bitcoin  (Read 59367 times)
XCANA
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September 12, 2020, 04:55:11 PM
 #81

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 isn't stable but less stable than bitcoin. We'll know how volatility is bitcoin which can't be compare to gold but despite all these gold still has some element of volatility, so, in all gold isn't stable.  I will thousands time be in love with Bitcoin than chosen gold because of high return of investment. Aside this positivism on the side of Bitcoin, bitcoin security level has been the top among all forms of currency, so, I choose Bitcoin over gold.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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September 12, 2020, 05:03:39 PM
 #82

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!!!!

Why do you have to choose one if you can invest with both Bitcoin and gold? As investors, we usually do a simple research on where to invest our money with. Bitcoin and gold are both credible when it comes to investment. If you're searching for assurance where you could check for the value of your profit while holding your capital physically then gold is best for that. If you want a digital investment that could give you a good profit in time, then Bitcoin would be a good choice since it has proven us a lot. Both could also have its risks. The profit that we'll be gaining still depends on how we handle our investments.
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September 12, 2020, 05:19:27 PM
 #83

If you are able to withstand a big risk, of course investing in bitcoin is preferable, but if you are not able to accept the risk, you better just invest in gold, because it is much safer from all risks, but I personally prefer to invest in bitcoin.

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September 12, 2020, 05:23:19 PM
 #84

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!!!!

Given the accessibility of both, I would prefer to invest into Bitcoin than Gold. If you are looking for an investment instrument where the risks are higher but the yield is high, then go for cryptocurrencies (in general). The nature of cryptocurrencies make its price very volatile that may be ideal for both short/long-term value and investment.
Gold, on the other hand, is a non-renewable precious tangible metal that has an innate value. Both bitcoin and gold's price are determined by the number of people who are willing to pay for it. One if its major distinction is its nature, as the former being intangible and the latter being tangible.

What makes bitcoin as my choice is the accessibility and convenience of owning such, unlike gold which is relatively difficult to find/own.

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September 12, 2020, 06:01:24 PM
 #85

If you are able to withstand a big risk, of course investing in bitcoin is preferable, but if you are not able to accept the risk, you better just invest in gold, because it is much safer from all risks, but I personally prefer to invest in bitcoin.
Risk with bitcoin is big, because of its high volatility. With gold there is high liquidity, and anywhere accessibility, whereas with bitcoin and other cryptocurrencies we haven't got such access right now. Bitcoin with its limited supply has got the increased value. Gold has got its value through its years of history and rare availability.

In simple for investment purpose I prefer bitcoin and other cryptocurrencies. For the purpose of immediate needs gold is preferred, because anywhere we can use it in exchange for local fiat.

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September 12, 2020, 06:08:48 PM
 #86

How about both.  Nothing wrong with spreading your funds around multiple asset classes.  It protects you on the downside from being in one and also missing out on the upside from either of them.  Not saying you have to go 50/50 at this point with gold being really high id put more into bitcoin right now

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September 12, 2020, 09:31:55 PM
 #87

Gold or Bitcoin ?
If we see the chart five years ago Gold price was almost about 1200$ and Bitcoin price was almost 300$ . Now in 2020 Gold price is something like 1900$ and Bitcoin price is 10K+ .Though there is some risk in crypto but remember if you want to achieve something big then you must take risks  .So my choice as a investor would be obviously Bitcoin to make a good profit from my money .
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September 12, 2020, 11:09:21 PM
 #88

no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term

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September 12, 2020, 11:42:33 PM
 #89

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.

Good strategy, bro. Over the years, bitcoin has proven to be a stable asset, which is excellent as a means of long-term accumulation. Just keep in mind that the price can both rise and fall. Therefore, everyone needs to be prepared that sometimes urgently you will not be able to sell Bitcoins at a good price.
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September 12, 2020, 11:55:05 PM
 #90

no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term
Best decisions investing both on bitcoin and gold. Some prefer investing only in bitcoin that caters more opportunity to earn big since price has it's volatility. Actually, it depends on a person if permits his funds so we can choose to diversity our money to earn profit.
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September 12, 2020, 11:58:01 PM
 #91

no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term
Best decisions investing both on bitcoin and gold. Some prefer investing only in bitcoin that caters more opportunity to earn big since price has it's volatility. Actually, it depends on a person if permits his funds so we can choose to diversity our money to earn profit.

Diversifying your portfolio is really great. And if you have the funds, why not? You can see your physical gold and can sleep soundly at night knowing your stash of gold is there somewhere, however, when you talk about bitcoin, you always have to follow the market and see what's going on. As it is a very risky and volatile investment, your mind is always racing on how to optimize your profits from this investment.
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September 14, 2020, 03:43:21 AM
 #92

Like gold, there is a limited amount of bitcoin. Satoshi Nakamoto, the pseudonymous creator of bitcoin, limited the total supply to 21 million tokens. Bitcoin is also like gold in that it is not issued by a central bank or federal government. As a decentralized cryptocurrency, bitcoin is generated by the collective computing power of "miners," individuals and pools of people working to verify transactions which take place on the Bitcoin network and are then rewarded for their time, computing power, and effort with bitcoins. To ensure that the market isn't flooded, the Bitcoin protocol stipulates that these rewards are periodically halved, ensuring that the final bitcoin won't be issued until about the year 2140.
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September 14, 2020, 08:16:54 AM
 #93

How about both.  Nothing wrong with spreading your funds around multiple asset classes.  It protects you on the downside from being in one and also missing out on the upside from either of them.  Not saying you have to go 50/50 at this point with gold being really high id put more into bitcoin right now
Well, maybe 50:50 is a good choice for both. where, bitcoin is used as a tool for other businesses, while gold as safe storage. Yeah, but everyone's circumstances are different, personally I might prefer to own gold at this point. the prospects look very promising in the next 5 or 10 years. gold may be better, especially when we have other sources of income.

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September 22, 2020, 03:47:40 AM
 #94

Gold has both real time use and is also a great long term investment, but despite the extreme volatility in crypto, bitcoin has been a great investment for many, and with greater awareness, it should prove to be a fantastic investment. I think there can be no either/or situation, both are great investments, gold can give you monetary relief, bitcoin can change fortunes.
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September 22, 2020, 05:40:08 AM
 #95

The answer is diversification. Invest 50% of funds in gold and the rest half in Bitcoin. These assets aren't correlated, so you will minimize your risks.
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September 22, 2020, 06:05:53 AM
 #96

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 huge profit in less time, then go for Bitcoins for sure.
But if you are afraid of losses then, surely Go for Gold, as it is more stable than Bitcoins.
Moreover many new traders go for Bitcoins to hold as they want to maintain their level with the ongoing competitions.
But still holding Gold may be a good decision, if it yields you slow profit for a longer period of time.

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September 22, 2020, 06:25:54 AM
 #97

Honestly speaking, i would choose gold over bitcoin. Because gold is more valuable as time passes by, it's value would increase time after time. Although bitcoin's value and popularity is just like gold that increased into auch high level, bitcoin has the possibility to lose it's value in the future, we might not know. However gold doesn't lose value i think even for how many generations in the future.

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September 22, 2020, 07:10:37 AM
 #98

I will go for both

Gold, been traded forever in many civilazations and because is the standard when it comes to storage of value.
Bitcoin, privacy if is used properly

Of course both have some negative things, like:
Gold: is hard to storage or move large sums and needs vaults, certificates, etc, it can be confiscated by the government
Bitcoin: Its code is protected by a small group of people what it makes it centralized, and you will need to trust them if you use Bitcoin.
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September 22, 2020, 08:42:38 AM
 #99

Both is good to keep asset, as a cryptocurrency enthusiasts that has been adapted to the blockchain, I will invest 60% in Bitcoin and 40% in Gold because both will definitely yield profit in few years to come.

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September 22, 2020, 10:05:29 AM
 #100

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!!!!
In my own opinion I think the best option for your investment is in terms of bitcoin because of that fact that it is decentralized and there is a very high potential to double or even triple your invested money.

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