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Author Topic: Gold or Bitcoin  (Read 59367 times)
Darktongue
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March 04, 2021, 08:17:43 PM
 #421

Bitcoin is the best investment if you do now, even so Bitcoin from the last 12 years. But I don't want to wipe out gold investment. I researched so many currencies, but gold investment is the top. Gold investment is the top because of zero risk than other currencies. On the other hand, if you now invest in bitcoin, you shouldn't miss the best opportunity.
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March 05, 2021, 09:05:43 AM
 #422

I would put some money in both Bitcoin and Gold to have some exposure to both assets - I would also look at property and keep some in cash as well for those times when cash is king during times of market downturns.
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March 06, 2021, 07:33:50 AM
 #423

Gold will not provide high returns because gold will only maintain the value of your money. if you are interested in investing in bitcoin. not quite right if we keep gold as an investment instrument.
because when we sell there is a fairly high difference for us to sell and for investment in the short term of course it is not recommended because in fact we will get a loss from this investment
No doubt gold will not bring high returns, but in case you're in urgent need of cash money you will always have an opportunity to sell gold very quickly by the fixed price, while BTC can be on low at that time and you'll lose your opportunity to get some grains from it.
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March 06, 2021, 06:01:56 PM
 #424

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!!!!

bitcoin is capable of giving big profits but can also be catastrophic. so it is difficult for me to invest in Bitcoin because it has a very large risk. so I prefer gold as an investment tool for the long term. because Gold has a stable price and continues to increase every year. unless I do short-term investment then I will choose bitcoin because bitcoin can provide instant profits.
I don't see any catastrophe with bitcoin, as long as you stay loyal to your choice and to bitcoin, it will bring in huge profits someday, the historical figures have made this point very clear, although sometimes profits will come quite long and unexpectedly but almost very well with time. Gold may be more stable than bitcoin in the price factor because with the help of nations' economies, governments do not want gold to become a place for others to control and make a profit, they usually keep the price of gold in reasonable level but this factor has hampered profits, not worth the money we invest

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pokeronlinestatus
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March 07, 2021, 01:42:24 PM
 #425

I do not get why people are still in need of something like this, why would you ask if gold or bitcoin? I mean why would you have this kind of question in your mind in 2021?

It is obvious that gold is not the choice because it is actually quite simple to choose between them because there is really nothing that you should worry about if you buy bitcoin as well, gold is too small and it doesn't give you any benefit at all and it shouldn't really be something you want, who would want 1% a year or something, it is really small and people are quite happy about getting that tiny amount of profit yearly with gold, nobody should be getting any sort of tiny profit from this. At the end of the day bitcoin brings you a lot money and it is a much much much better version of gold as well, there is nothing to compare between them considering how much bitcoin is better.
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March 10, 2021, 07:40:32 PM
 #426

Over the long history of its existence, gold has gained a reputation as a stable asset, this is a good way to invest since the movement of its prices will be gradual and smooth without jumps and falls. You can make money on investments in gold, but this will take a very long time, since the gold rate is growing very slowly.

Bitcoin allows you to earn very quickly due to the volatility of the same rate. But there is no certainty that the price of the coin will only grow, the value of BTC may collapse and deprive its investors of all income.

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March 10, 2021, 09:03:24 PM
 #427

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 yourself mentioned, gold is very suitable for a secure future, as it has stability and is one of the most preferred assets to have in a financial crisis.

But if you want to invest in order to increase your assets, I think it is better to invest in Bitcoin. Or maybe invest one part in gold, for example 40% and the other 60% in Bitcoin. It depends on how much money you want to invest.
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March 10, 2021, 11:45:27 PM
 #428

Over the long history of its existence, gold has gained a reputation as a stable asset, this is a good way to invest since the movement of its prices will be gradual and smooth without jumps and falls. You can make money on investments in gold, but this will take a very long time, since the gold rate is growing very slowly.
That's the flow for gold, it's increase isn't volatile as bitcoin so it's slow.

Bitcoin allows you to earn very quickly due to the volatility of the same rate. But there is no certainty that the price of the coin will only grow, the value of BTC may collapse and deprive its investors of all income.
Only if you're strong hands and you can surpass the days of bearish times. There are times that bitcoin won't be good after the time you've bought it because the price varies. It can be lower than the price you've bought and that can lead to panic for some newbies.

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August 30, 2021, 07:40:27 PM
Last edit: September 01, 2021, 07:45:06 PM by ryreidly
 #429

Gold is a stable base for investment. Every year, the price for it gradually increases. Bitcoin is a very temporary phenomenon, if we are talking about stability and profitability.
Of course, I do not deny that you can make capital on cryptocurrency in a fairly short period of time. But to achieve this goal, you need to be a good specialist who follows all the latest news, which is not so easy.
I advise you to read an article about investing in gold — https://goldtrends.net/. It describes in detail this method of earning money.
Al Qiyamah
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August 30, 2021, 11:19:06 PM
 #430

Both do have their advantages and disadvantages. if you choose gold because the price is stable and tends to be a long-term investment. but if I choose bitcoin I like it because the price is fluctuating so that we can take big profits in a short period of time.

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August 30, 2021, 11:26:46 PM
 #431

This is a big dilemma for so many people. Before Bitcoin was released, the question was in between gold and fiat. And the answer was quite simple actually, gold. But now, I can't say such thing relievedly. Because Bitcoin can make people a lot of money in the long run even much more than gold. Its volatility is the feature which is attracting people to invest into it. I personally have made investments into both because I believe in their future at the same time.
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August 30, 2021, 11:49:18 PM
 #432

if i told to choose then of course I will choose bitcoin to invest. but we also have to know that both of them have their respective advantages so we cannot despise each other. for me investing in bitcoin is a promising thing where we know that the price of bitcoin is soaring now than it used to be. if i can invest bitcoin now and hold it for later i think it will definitely be very profitable compared to other investments. it's true that the risk of investing in bitcoin may be greater than other investments, but that doesn't stop me from investing in it.

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August 31, 2021, 04:42:15 AM
 #433

I think it depends on the preferences of each individual. the most important thing I think in investing we know the nature of both bitcoin and gold. Of course, both of them have their own advantages and disadvantages, so we can place our investment in assets that we really love, and in the end the profit we seek

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sammy21
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August 31, 2021, 07:03:02 AM
 #434

Gold is a stable base for investment. Every year, the price for it gradually increases. Bitcoin is a very temporary phenomenon, if we are talking about stability and profitability.

Yes, that's the basic difference between Bitcoin and gold, gold tends to be more stable than bitcoin we all know that every crypto asset has high volatility, but with this volatility it creates great profit opportunities when the market is bullish. Instead of choosing between the two, it is better for me to invest in both, because for me they are both worth investing in.

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August 31, 2021, 10:03:36 AM
 #435

I think it is bitcoin, and many will agree with me, in addition I leave a link to an article which describes in detail why bitcoin is better than gold  https://blockster.com/blockdesk/1166_steve-wozniak-bitcoin-is-a-miracle-that-is-better-than-gold
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August 31, 2021, 11:39:41 AM
 #436

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!!!!

Everything has its own risks, i would say to invest gold more but, that depends on you. Because gold prices is much better than Bitcoin in my honest opinion and doesn't mean investing the Bitcoin is a bad idea either.
That's my opinion, cheers!
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August 31, 2021, 01:41:12 PM
 #437

I don't need to list out the benefits of Bitcoin, because many users have already done that. So let me focus on gold. There is a false perception that gold is an asset with limited supply. That is not the case in reality. High-grade gold deposits are in limited quantities and that is the reason why the annual gold production is limited to 3,000-4,000 tonnes per year. But hundreds of thousands of tons of gold are trapped in low-grade deposits. These deposits are not even in consideration now, because it doesn't make an economical sense to extract gold from them. But as technology progresses, it may be possible to do so in the near future.
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September 03, 2021, 08:26:33 AM
 #438

As a crypto enthusiast and user, I certainly choose bitcoin, because otherwise gold is only good during bad times in the global economy or panic situations in economies around the world. Also for bitcoin you have full control and liquidity whereas for gold it may not be that fast to sell it back.

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September 03, 2021, 09:12:25 AM
 #439

I have a good article on this topic that I recently read, just about Bitcoin and gold, I recommend reading it https://blockster.com/blockdesk/1166_steve-wozniak-bitcoin-is-a-miracle-that-is-better-than-gold
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September 03, 2021, 10:13:05 AM
 #440

As much as I participate in crypto revolution, I always prefer gold to be a store of value. But if investment is what we are talking about I always diversify my portfolio majority in crypto. New technology always gain leap and bounds but with higher risk than gold. In the sense the saying... don't put eggs in one basket is really a good strategy.

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