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Author Topic: Gold or Bitcoin  (Read 59424 times)
yohananaomi
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November 24, 2020, 08:16:55 AM
 #321

Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.

to be honest, both are actually equally good investments, but what distinguishes is the level of the price that occurs which makes the difference look striking. gold is clearly not a big risk and the increase is not too high either. different from bitcoin which carries a very large risk but the results received if successful are also quite large and proportional to the risk that will be experienced.

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November 24, 2020, 11:43:58 AM
 #322

According to me,

Crypto market is volatile and gold market is not like this it's nearly stable.

I'm from India and here Gold Price is :- 68 USDT/ Per Gram
And now bitcoin is :- 18,000 USDT

More Risk = More Profit

If you enter into the Bitcoin market then may be it will fall down quickly because it's market is volatile.
If you invest in Gold, then the profit is also low because risk is also low as compared to bitcoin.

Then I choose Gold, The more you hold then more profit you will get with low risk for a long term.  Smiley

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November 24, 2020, 11:59:12 AM
 #323

Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.
It's a really good investment if you bought it "a few months ago" but for now it might be a little too late as the price is already high. gold is not suitable as an investment, but rather a savings. A stable value makes gold not a good investment unless you have a large budget

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November 24, 2020, 12:12:26 PM
 #324

Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.
It's a really good investment if you bought it "a few months ago" but for now it might be a little too late as the price is already high. gold is not suitable as an investment, but rather a savings. A stable value makes gold not a good investment unless you have a large budget
I am for gold. Yes, bitcoin is not a good buy now because the current market is high. But if you really believe bitcoin can reach 20K$ or more then an investor could still be earn or investing in bitcoin could be profitable. But my advise would be to invest in bitcoin after the ATH so that one can buy cheaper bitcoin. For now, the market is not really good for earning so if you are patient and are not willing to take the risk then patiently waiting for market price to drop for bitcoin will be ideal.
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November 24, 2020, 04:19:54 PM
 #325

Of course, I am the side of bitcoin which will be stand a great position in the future. I hope that gold can not be reached as bitcoin. Though gold is a valuable metal, bitcoin will be the most promising digital currency.

Until now, in my opinion, bitcoin still cannot have the name digital currency,
because if you know that fees in Bitcoin are very expensive, and transaction speed depends on fees,
of course this is very influential, if it is an asset I still agree.

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November 24, 2020, 04:48:07 PM
 #326

with the printing press turned on in the USA and Europe, any product with a limited release can be regarded as gold, in ancient times they also accepted shells as money, but right now Bitcoin will come off completely as a store of value, plus settlements with it with the development of infrastructure will be easier than with gold.

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November 24, 2020, 06:10:56 PM
 #327

Of course gold is vital  and it helps during the bad times to recover but it can not change anything properly because this staying at the same position where it was and where is it right now. But bitcoin price since march till now is  a great proof and that is enough to  answer. though here is a bit of risk but it should be taken for a great return.

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November 25, 2020, 11:25:06 PM
 #328

According to my opinion, I would always choose BTC over anything. Because it has huge potential in its growth and people have known this side of the BTC and that's why it has the highest market capitalization in the crypto market. Some of my friends have sold their gold to buy BTC and there are so many examples like that because these people knew how much they could earn in the future through BTC investment.

Bitcoin is the same asset to invest as many others
 such as gold
for some reason, investing in bitcoin is more profitable
for other reasons, gold is better
a smart person does not choose one thing, he invests in bitcoin and gold
the main thing is to correctly distribute the proportions
personally, I like bitcoin primarily because it is much easier to buy and sell, and also to send to another person

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November 26, 2020, 04:42:55 AM
 #329

Of course gold is vital  and it helps during the bad times to recover but it can not change anything properly because this staying at the same position where it was and where is it right now. But bitcoin price since march till now is  a great proof and that is enough to  answer. though here is a bit of risk but it should be taken for a great return.

Gold has always been used as a good investment as well as is usually used to show that he is a capable person because he has gold to show off, but when crypto appears there is very confusing competition. but if those who want to be safe with their investment clearly prefer gold because there is little risk to be exposed, in contrast to crypto it can soar but it can also be detrimental if the analysis is wrong. indeed two different sides but both are still the best for investing.

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November 26, 2020, 07:22:47 AM
 #330

If ever i have huge amount of capital, i will choose both Gold and Bitcoin 75 percent of it will put in bitcoin and the remaining 25 percent will be in gold. I will invest more in bitcoin because the chances of it's growing is higher, unlike with gold. But gold as an investment offers dual benefits of risk-reduction and wealth creation while bitcoin is volatile, they are different and both good in terms of investment.
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November 26, 2020, 08:59:55 AM
 #331

As an cryptocurrency enthusiasts consider bitcoin to be the best speculative asset at the moment.  On the other hand, bitcoin has characteristics that have the potential to provide greater value to investors compared to gold.  Bitcoin is easier to transfer and more suitable to be used as currency, but on the other hand the movement of gold is more stable with a proven track record.  So in my opinion, Gold and bitcoin can complement investors' portfolios for greater returns.

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November 26, 2020, 12:54:51 PM
 #332

Gold can retain value much better than other forms of currency. Gold has a far greater tenure than bitcoin. Gold was first used more than 2,000 years ago. Gold is a strong and safe asset. Gold is a valuable asset than any other assets. It’s tough to steal it, to pass off fake gold, or to otherwise corrupt the metal.
On the hand, bitcoin has some drawbacks. It is a risky transaction system. Bitcoins are not widely accepted. The Bitcoin system could contain unexploited flaws.
If we think about security and other advantages, then gold is far better than any other assets. So, we can say that gold is the best for long-term investment.
Finally, for short-term profit-taking, you can definitely invest a decent amount in Bitcoin too.

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November 26, 2020, 01:25:13 PM
 #333

A few months ago the price of gold has strengthened to an all-time high as investors were looking for safe investments in the midst of the corona virus pandemic at that time but now the price of gold has declined again and it has made investors start shifting their target to return to using bitcoin as an investment asset, and we can see the real impact now the price of bitcoin continues to strengthen and has experienced a fairly high increase in price now in the market. It seems that investors are starting to think that bitcoin is more profitable than investing in gold in this era.

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k@suy
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November 26, 2020, 01:29:12 PM
 #334

Gold can retain value much better than other forms of currency. Gold has a far greater tenure than bitcoin. Gold was first used more than 2,000 years ago. Gold is a strong and safe asset. Gold is a valuable asset than any other assets. It’s tough to steal it, to pass off fake gold, or to otherwise corrupt the metal.
On the hand, bitcoin has some drawbacks. It is a risky transaction system. Bitcoins are not widely accepted. The Bitcoin system could contain unexploited flaws.
If we think about security and other advantages, then gold is far better than any other assets. So, we can say that gold is the best for long-term investment.
Finally, for short-term profit-taking, you can definitely invest a decent amount in Bitcoin too.

And if i were have the opportunity to avail both gold and bitcoin as an investment i would surely grant it. For me gold were a good long term investment which i know as much as the time pass by the more it become much valuable and didn't degrade ghe value. However bitcoin today was supposedly the good asset and i can't deny the fact that what the value of bitcoin possessed today were attractive to any investors and no doubt that more investors were willingly to invest. Can't also deny how risky it is to invest in both but the mere fact that rest assured will be profitable were undeniably true.
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November 26, 2020, 03:20:52 PM
 #335

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!!!!
You are here so I think you have your option. BTC is more risky than gold, but If we look at the past 10 years, we all have a clear answer. We still hear a lot of FUDs about the value of BTC, but it still stands up and grows steadily every year. And moreover, BTC shows many advantages over physical gold for the purpose of storing value.

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December 13, 2020, 11:01:37 PM
 #336

Bitcoin earns more than gold because the price of bitcoin rises faster and longterm unlike gold the price does not rise much if I have a lot of money I prefer to invest in bitcoin because I know if this coin has a future but it is big bitcoin is still risky because the price also falls fast so it is better to buy bitcoin when the price is low.

I would rather have both. Gold is a more stable asset, since it has physical value and is less susceptible to various kinds of manipulation, it is less volatile and at the same time brings less income in exchange for less risk.
At the same time, bitcoin is a highly risky asset, however, the estimated income can be much higher and in a much shorter time than gold.

Indeed, if you have both, it will be more profitable and fun, of course, but talking about bitcoin is certainly closely related to big risks, so if you want to invest in bitcoin you must have high courage, plus the fluctuating nature of bitcoin.
if you don't dare to take risks it might be more suitable to invest in gold.
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December 14, 2020, 05:27:20 AM
 #337

If ever i have huge amount of capital, i will choose both Gold and Bitcoin 75 percent of it will put in bitcoin and the remaining 25 percent will be in gold. I will invest more in bitcoin because the chances of it's growing is higher, unlike with gold. But gold as an investment offers dual benefits of risk-reduction and wealth creation while bitcoin is volatile, they are different and both good in terms of investment.
even me, if I had a lot of money, I would choose both. however, until recently, I did not have very big money, and only focused on the world of cryptocurrency. I thought that when I had a few thousand dollars, I might split a few percent to get the gold.

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December 14, 2020, 07:14:01 AM
 #338

We all know, from ancient times till now gold is a very precise metal and a signature of wealth. If anyone has to invest its money, most of the people select Gold as its first preference. But know the time is changed and the technology growing very fast day by day and in this technology era, one more precise selection is here that is Bitcoin. Many of the things that are similar in Gold and Bitcoin. That is they both have good value, They both gives a good return of its investment but one of the thing that gives Bitcoin an extra boost that is its very limited supply. This is why Bitcoin price is much more growing then Gold and In my opinion, select Bitcoin as your first preference in investment point of view because its demand grows more day by day and by its halving mining rewards goes low and the price goes higher and higher.   
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December 14, 2020, 07:25:34 AM
 #339

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!!!!

The best portfolio consist of balanced instruments, so you should invest in both the bitcoin and gold. It can be act as hedging instruments for each other. In the crises like Covid19, the world's economy was on fire which makes gold strong in price. so both gold and bitcoin is important in the balanced portfolio for better returns and risk coverage. 
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December 14, 2020, 08:12:37 AM
 #340

Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
How much is HUGE money?because if i were to choose since i have lots of money,I will put the 60& in Bitcoin and the 30% to gold,and the remaining will be my budget that whole time of investing.
Quote
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!!!!
Yeah looking at them both will make you realize about something,and that is assurance so why need to Put in single egg when you can choose them both.

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