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Author Topic: Gold or Bitcoin  (Read 59367 times)
Balmain
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September 20, 2021, 05:17:53 PM
 #461

I think that gold has lost its old popularity nowadays. In today's technology, I do not find it right to invest in such commodities after the invention of Bitcoin, very old investment tools such as gold and silver. Of course, it would be beneficial to have it in the basket, I take a small part.
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September 21, 2021, 04:47:24 PM
 #462

it is obvious that the majority will vote for bitcoin, but if there is an opportunity to purchase gold, including why not? Now there are alternatives to physical gold and you can easily buy a digital asset that will correspond to the real 1:1
During a crisis, it will be a convenient tool to save your funds.

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September 21, 2021, 05:20:39 PM
 #463

It all depends on your intentions and your needs . If you just need the money to be kept well with minimal risk, then gold is the choice. However, if you want your money to be invested and have the potential to increase, please choose bitcoin, but you must understand the risk that bitcoin's value is unstable and can go up or down at any time.

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nicolas1979
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September 21, 2021, 08:29:20 PM
 #464

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 are interested in trading systems and continue to control the market every day, then Bitcoin is more profitable, because Bitcoin price fluctuations provide an opportunity for you to profit. Meanwhile, the movement of gold prices is very low, because gold is very well known for its price stability. If you ask me which is the best between Gold and Bitcoin? So I prefer Bitcoin. Because I am also a blockchain lover, and hope that Bitcoin can replace Gold as a reserve asset in the future.

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superman184
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September 21, 2021, 08:33:11 PM
 #465

So which has your vote? Gold or Bitcoin!!!!
Both are also beneficial in my opinion, but from the negative side, volatility is a risk, but for me it doesn't matter, because gold or bitcoin there are periodic changes in the market, so it's only natural, a projective attitude in making decisions in the choice of gold or bitcoin, so in conclusion, if you ask me which is the best between Gold and Bitcoin? for me they are both like and profitable
SarangWallet
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September 21, 2021, 08:55:16 PM
 #466

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!!!!
Talking about what can be profitable, both are profitable, we can see which is more popular, if you are interested in trading systems and continue to dominate the market every day, then Bitcoin is more profitable in my opinion, so the right conclusion according to your question is which one which is the best between Gold and Bitcoin? I prefer Bitcoin, because I am also a blockchain lover, if gold is less attractive to me.
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September 21, 2021, 09:42:03 PM
 #467

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!!!!
People have been using gold as a store of value for hundreds of years. And this attitude towards gold has not changed very much by now.
To objectively compare these two options, we need to wait the same amount of time to understand what place blockchain technology and Bitcoin, in particular, will take in our life. As for me, I choose Bitcoin as a more speculative and convenient way to invest.
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September 22, 2021, 02:28:33 AM
 #468

Since I'm used to cryptocurrencies, I thought Bitcoin would be a good choice. All investments have risks, including gold and Bitcoin. Big risks will bring you big profits too so think about it carefully. What is important if you choose Bitcoin you must really understand cryptocurrency and be able to control emotions well. If you are still in doubt and not sure it's a good idea to choose gold first.
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September 22, 2021, 02:45:05 AM
 #469

Gold for the long term. Bitcoin for the medium term. You can divide all your capital into both. That's certainly very profitable. Most importantly you should be able to hold it until the profit target is reached no matter what is talked about the price falling at this time.

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September 22, 2021, 03:17:26 AM
 #470

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!!!!

Personally I vote for Bitcoin. It has many advantages over gold. As if you want to invest in physical gold (buy bars or gold coins), but not just in futures, you will have many problems with storing and also you will get a big difference between the price of buying and selling if you want to sell in a short period of time. But working with bitcoin is much easier as you can store them on a small dedger and sell without such a huge spread as there is a lot of liquidity on the crypto market.

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September 22, 2021, 03:21:41 AM
 #471

Diversifying your investment portfolio is what you need to do. Between the first and the second there is always a third option, or even a couple more. Cool
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September 22, 2021, 03:22:36 AM
 #472

IMO BITCOIN is much better than gold.
1. Gold has storage fees-Done correctly Bitcoin has no storage fees
2. Gold has huge shipping fees-Bitcoin can be transferred for almost no fees
3. Gold has insurance fees-Again Bitcoin does not if held in your possession.
4. Gold has large transportation issues, refer to #2

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September 22, 2021, 03:37:27 AM
 #473

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 ask where you should put your money, the question will certainly appear how much you can afford to risk loss, considering these two investment assets are very different, Gold with its price stability and Bitcoin with high volatility.

The striking difference is that in these two aspects, Gold has higher price stability so the possibility of the difference between the dump that occurs when you buy it is not too high as well as the pump that occurs with the price of gold, Bitcoin has a higher risk than gold with a volatile market, but Bitcoin save great potential when a pump occurs, it can even reach twice the price when you buy it, make your choice according to your taste and ability to accept the risks.

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September 22, 2021, 04:24:31 AM
 #474

Well personally for me its not bad to have the two if you can actually afford it… gold is kinda the old way of investing money and its always worldwide and prices aint volatile like crypto currency but We all know Bitcoin is the future way of investing and you can easily make double your money in months or you can also lose it too

Its all depends on who’s buying for me and it isnt bad to have options, dont put all your eggs in one basket

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