Will Bitcoin play as gold? Shall I buy gold Or Bitcoin?

[Nishimoku]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

[Mituletr]

The final choice is still up to you. You have already gained interest in Bitcoin, and perhaps you can continue to put them in your wallet to make more profits.

[Zachanty]

Each has it's own benefits. But now the Bitcoin market is crazy, and many people have already gained a lot of benefits.

[maculeth]

for your long-term investment asset maybe the next 5-10 years, I think gold will be safer than bitcoin. because we do not know the future of bitcoin, apart from its speculative price, the government has not declared the legality of bitcoin which makes bitcoin at risk of losing its market because it must be related to the economy and taxes.

[odolvlobo]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

$300 each? Did you buy Bitcoin (BTC) or Bitcoin Cash (BCH). There is a big difference.

[jjdub7]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

Cash-out 1/2.

As much as Bitcoin and crypto fan to be, I would sell the half and buy Gold and keep 1/2 Bitcoin & 1/2 Gold if you want to stick to the GoldGold.

But what I really would do is sell half of the Bitcoins and create a fiat cash-flow in real estate. Then I will keep the 1/2 in Bitcoin without any worries about the rates.

[rokon1234]

Investing in bitcoin is very risky now and I think it would be better to hold on to your previous bitcoin without buying a new one.But now it would be better to invest in gold than bitcoin because no one can say what will happen to bitcoin in the future.

[xcaret]

Today, many governments are speaking out against BTC , but none are speaking out against gold.
If you have funds you can afford to gamble with , You might want to buy BTC, for short term gain, and gold for the long term.
With todays negativity , I'd only buy BTC, for a short term gain, to much government already kyc, and so on.

[pooya87]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc.

6 years ago in 2015 bitcoin price was around $300. If you did really buy back then you can sell some amount and celebrate your 10,900% profit in 6 years. If I were you I'd sell 1-2 BTC out of the 400 (roughly $33k to $66k) and have some fun.

If you bought these coins this year then they are not bitcoin, you have been scammed.

Shall I buy more Bitcoin or Gold?

You shouldn't ask for investment advice from random people on the internet.

[AGD]

If you have doubt and register to a BITCOIN forum to ask that kind of question, you really should buy gold and wait a few years. If you are smart you buy Bitcoin too, just in case...
btw I don't believe your story

[Kooerr]

It is up to you to decide. I prefer Bitcoin, because Bitcoin can bring you more benefits.

[Ozero]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

If you already have 400 bitcoins, in my opinion, you can no longer be interested in profit. This money is already enough for a lifetime. The only question is to preserve your capital. Therefore, it is advisable to convert a certain part of bitcoins at their high price into gold or another stable currency. You cannot keep all eggs in one basket.

[traderethereum]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

If you already have 400 bitcoins, in my opinion, you can no longer be interested in profit. This money is already enough for a lifetime. The only question is to preserve your capital. Therefore, it is advisable to convert a certain part of bitcoins at their high price into gold or another stable currency. You cannot keep all eggs in one basket.

With that 400 bitcoin, he doesn't need to think about investment in altcoin because having 400 bitcoin will be more than enough for him to be the next richer person in his town.
He can only wait until bitcoin price reaches more than $40k and sell it to make a big profit, even if he just sell for less than 10 bitcoin because that will be huge money for him.
After he sells his bitcoin, he can buy gold as the other investment in his real life, and hold his bitcoin and gold together for a long term investment.
By having bitcoin and gold, I am sure that he does not need to worry about his life because he will live with a lot of money from now on and in the future.

[YOSHIE]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

If you have that funds and deposits $.......! With large quantities, you don't know what to buy.

My advice.
Buying both: Bitcoin and Gold is better for you, you need to know, fate, you decide the direction of the clock, want to succeed and suffer.

Do what you have to do.

[Wexnident]

As investment? Or just a safe asset? or maybe both? Most would opt to buy Bitcoin since it has seen its good days quite so often, and so far if you were to take into account the long term, then just based on the past decade of history of Bitcoin, it would almost be a guarantee that you wouldn't lose much even if we do take into account its volatility. Gold on the other hand, is pretty much just a safe asset right now, not much advantages if you were to compare it to Bitcoin, not to mention that Bitcoin can be spent on a few markets here and there now, and it's only a matter of time before most markets adopt it.

[Cynthiajia0]

The exact value of Bitcoin is difficult to say at present. It does not have a clear value framework. Most investors are trend investors who are optimistic about its value and speculate in the short term. The volatility is very large, and the characteristics of its safe-haven assets were not reflected in the global crisis in March. I will choose gold.

[jossiel]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

What year is that? or it's just you recently bought it? I doubt that you bought it recently but if you will answer that you bought it recently then you've bought the wrong bitcoin.

400 BTC in quantity, man that's a lot if that's for real. I wouldn't tell to anyone even in the forum that I've bought and own that much. But if somebody asks you to provide proof that you really own it, are you going to provide proof?

$300 * 400 BTC = $120,000

$120,000 was your total investment.

If you still have it on this time with the current price of $34,000 * 400 BTC = $13,600,000. That's more than 100 times growth in your capital.

You can diversify in gold if you want but if I'm you, I won't do that.

[irixo10]

I have bought some Bitcoin in a price $300 dollars each. I am glad I  bought 400 btc. Bitcoin will play gold. Shall I buy more Bitcoin or Gold?

Both are the best of two different worlds, that is, Bitcoin is the best coin in the crypto space and holds a very important stance in the future, on the other hand, Gold is very valuable till date and those who invests in it, do not joke with it, but however, I do not think Bitcoin will play Gold because Gold has a lot of institutional backings as well as the government. However, considering what you want and how your long term plan is, I think it would be wise to invest in both Bitcoin and Gold; with the growth of Bitcoin till date has shown that it can be used as a store of value, Gold on the other hand, is already regarded as such.

[SamReomo]

I would recommend you to buy more Bitcoin as there are chances that Bitcoin can reach $50000 within few months. After that sell it out because the bubble could burst after that price. However, $50000 is a safe range if you ask me.

Wait for a dump and if that happens buy Bitcoin during that dump and sell it when it is pumped. Buy Bitcoin when its price is Between $28000 to $29500, and hold it for sometime. You May sell it at $40000 as it can reach that within days.

Gold is more safe than Bitcoin, but it can make you some income in long run. If you are upto safety than Gold is safe and if you are a risk taker than Bitcoin is better.

[PhoenixZephyrus]

DO NOT take financial advice from strangers on the internet. You can ask their opinions, but your investment should be solely your own after you do the due diligence and look up which is more safe according to you and which has "lower risks of losing money". It's all relative, and depends upon your financial situation. If you really do have 400 BTC as stated, then good on you.

As for what I would do, I would have cashed out a decent chunk of that money and invested in some other stocks that I also believe in. You should diversify your portfolio, don't put all your eggs in a single basket. That's about all the financial advice you should take away from this post. How you plan on doing that, whether to invest in Gold or Tesla or AMD, that's totally your decision and some strangers on the internet shouldn't be your final word for doing this. Also, never invest more than you can afford to lose. That is also a pretty sound advice. YOLO'ing might seem fun and all, and you may find many people who have tremendous profits from YOLO'ing their life savings into a single stock, but what you don't see are the number of people undergoing losses for everyone who gets a huge profit. The ratio is pretty big.