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Author Topic: Gold or Bitcoin  (Read 59417 times)
BDBitcoinExpart
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November 14, 2020, 01:57:55 PM
 #261

Although Bitcoin is not a cryptocurrency and Gold is not a crypto-currency, there are considerable similarities between the two in the past. Because Bitcoin always follows Gold. Both are used to determine economic standards in today's world. That's why I support both.
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November 14, 2020, 02:22:34 PM
 #262

Imagine you are in 2009 or 2010. If at that time you put all your money in gold, of course you will regret it, but if you put it in bitcoin then in 2017 or now you will be very rich. If you are still unsure or afraid of bitcoin, then you can invest in both

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November 14, 2020, 02:39:31 PM
 #263

If it's about investing, ofcourse bitcoin is much more profitable when compared to gold. bitcoin has very high price fluctuations, if you buy bitcoin during a market crash (around $ 3k price), now you are very lucky with the profit you get
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November 14, 2020, 02:54:04 PM
 #264

This is the question that always being asked by many people, for me if you have so many funds and money, diversifies your wealth, invest in both thing,s or invest in many things so that you will have a choice. Gold price is continuously growing after so may years, each karat is precious as time passes by it rises, in bitcoin, there will be ups and downs in the price but it will always pump, but not stable. So it is up to you, bitcoin can be converted in different coins as well, which is good you may scalp and arbitrage, it will all depends on how much money you are holding and also what is the current economic status.
It is all about risk tolerance, if you are a type of people who are afraid to take risks wherein you want to have safe investment then maybe gold is suitable for you because it is called sa safe haven asset after all. I'm a type of investor who like to take high risk so for me bitcoin is more good investment than gold. If I huge amount of money, I will invest 90% of it in bitcoin and the other 10% in gold, my allocation is like that because I want to have more bitcoins than gold.

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November 16, 2020, 05:24:37 PM
 #265

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 you need both in your wallet

in a safe long-term strategy, it would surely be more interesting to have gold for 75%.
If you are more aggressive, but it's more risky, you can have 75% in BTC


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November 16, 2020, 05:49:26 PM
 #266

Both are best investment but I invested on BTC because easy to invest on BTC and trade.
Gold already standing high and BTC just trying to hype and it's happening, If anybody have enough funds invest on both GOLD/BTC 50/50 and if don't have enough funds then invest on BTC or top cryptocurrency. 
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November 16, 2020, 06:02:25 PM
 #267

I think both go hand in hand because Bitcoin is no less valuable to us at the moment than Gold is much more valuable to us so you can make money for both of you and you can invest in both places. However, no one here will ask you to work with a 100℅ guarantee that you will work at your own risk. Hopefully Gold or Bitcoin will not fool anyone by playing an important role in Gold or Bitcoin in cryptocurrency,
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November 16, 2020, 06:40:43 PM
 #268

Without any more thinking the choice is bitcoin. Just think of the growth with gold and bitcoin. There is a big difference. This year bitcoin and gold are the only investment that had grown positive while economies of the countries went negative. If one has invested on bitcoin by its all time low value of 2020 now the user could've got 3X profit which isn't possible with gold.

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November 16, 2020, 07:06:26 PM
 #269

Each investor has his own appetite for risk. For one investor Bitcoin might be less risky given the world we live in. It's quite subjective you see.. Gold is a precious metal, but you can't really make payments with it given its portability and dividing issue. It is used in many industries from IT production to aesthetics, but Bitcoin might be a better proof-of-value and instrument for wealth preservation.

I don't know why but I feel like the world's sentiment about preserving wealth and investing will suffer a change in the era of information and globalization.
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November 16, 2020, 10:32:06 PM
 #270

Investors who have experience in crypto will certainly prefer to invest in bitcoin because they can get a lot of profit
Investors who are not very familiar with crypto will continue to invest their money in gold
Investors have different mindsets and it all depends on each of us

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ardentvolcanoes
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November 16, 2020, 10:34:06 PM
 #271

Without any more thinking the choice is bitcoin. Just think of the growth with gold and bitcoin. There is a big difference. This year bitcoin and gold are the only investment that had grown positive while economies of the countries went negative. If one has invested on bitcoin by its all time low value of 2020 now the user could've got 3X profit which isn't possible with gold.

If you are ready to take the risk, bitcoin is more aggressive to pumped high, with so many adoptions that happening currently. The chance that value

will go for more, keep in mind that risk are high but if you manage to position yourself in the right time the profits will be sweet, while with gold and

stability there's passive as well but it won't be as high as what bitcoin can bring.
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November 16, 2020, 11:03:54 PM
 #272

Without any more thinking the choice is bitcoin. Just think of the growth with gold and bitcoin. There is a big difference. This year bitcoin and gold are the only investment that had grown positive while economies of the countries went negative. If one has invested on bitcoin by its all time low value of 2020 now the user could've got 3X profit which isn't possible with gold.

If you are ready to take the risk, bitcoin is more aggressive to pumped high, with so many adoptions that happening currently. The chance that value

will go for more, keep in mind that risk are high but if you manage to position yourself in the right time the profits will be sweet, while with gold and

stability there's passive as well but it won't be as high as what bitcoin can bring.

For young people and people who understand the digital world, Bitcoin is more attractive than Gold. Besides being easy to store, I agree that Bitcoin offers a higher profit than Gold and currently Bitcoin price shows an uptrend while Gold shows a stagnant trend in its price movement
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November 16, 2020, 11:20:52 PM
 #273

Without a doubt I will choose Bitcoin for investment, because the development of Bitcoin has been very fast for more than 10 years.
In fact, because Bitcoin has a high volatile price, it can provide huge profits compared to Gold which is less volatile. Especially for this
year Bitcoin has performed much better than Gold, so choosing to invest in Bitcoin is the right decision.

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November 17, 2020, 04:24:46 AM
 #274

It is very difficult to choose between Gold or Bitcoin.
 Bitcoin online number one cryptocurrency,
 Which plays an important role in transactions in the current world.
 The importance of gold is immense.
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November 19, 2020, 01:17:09 PM
 #275

Gold is a form an old and traditional investment which is very relevant till today while bitcoin is a new form of investment that is still very young.It is better to split ones investment to both;  50% gold and 50%bitcointalk, gold is always relevant but it's price is fairly regulated, bitcoin can either rise or fall rapidly in shortest time.
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November 19, 2020, 02:16:54 PM
 #276

Both are good investment but gold will give the best peace of mind over bitcoin, after bull market bitcoin can still go back to 8,000$, it's damn possible but gold is more stable with no high volatility like Bitcoin

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November 19, 2020, 02:36:59 PM
 #277

If you target to have bigger profits, then you should choose Bitcoin. Higher potential profits mean higher risks, it is the challenge. We must be brave if we want to get something better. But if you are not really suer to deal with more risks, you can choose Gold because We all know that Gold is a bit stable than Bitcoin.

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November 19, 2020, 02:58:17 PM
 #278

For me, bitcoin is better than gold in terms of investment and profit even though bitcoin is quite risky but it is really profitable, Investing in bitcoin which is only a digital currency but can be useful than gold today. but I'm not saying gold is bad, gold is also good and better still choose both.

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November 19, 2020, 03:01:54 PM
 #279

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

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November 19, 2020, 03:13:44 PM
 #280

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

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