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Author Topic: Will Bitcoin play as gold? Shall I buy gold Or Bitcoin?  (Read 161 times)
oliviarobert
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February 02, 2021, 09:57:03 AM
 #21

It depends upon your objectives. Bitcoin is a better investment for potential short term profit, but you have the potential to lose a lot of money as well. Gold, though, is a stable investment that is almost guaranteed to make a long term on your investment.
lagoon88
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February 02, 2021, 10:36:06 AM
 #22

You have already benefited a lot from bitcoin, the choice is yours. God is a safer option for long-term.
vintages
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February 02, 2021, 11:09:05 AM
 #23

Whether you buy gold or Bitcoin, it depends on you, what you want in the long term and your financial capability.
Whether it's Bitcoin or Gold, each of these assets has its advantages and you shouldn't be looking at the short term.

If you have the money, buy more bitcoin, but if you are too scared of losing out on Gold, buy some of it. But let your bigger spend be on Bitcoin.

But again, it's your choice to make.
newwest
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February 02, 2021, 12:40:01 PM
 #24

You have already benefited a lot from bitcoin, the choice is yours. God is a safer option for long-term.

My largest percentage investment among the two will be in bitcoin say 75% and rest 25% will invest in gold. I need to have aggressive portfolio with little safer option so will go with this percentage and invest in both in order to suit my investment goal. It would differ for all depending upon risk taking ability as well.

lifeforcepools
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February 02, 2021, 01:50:00 PM
 #25

You can buy both gold and Bitcoin. But by investing in bitcoin, you will make a profit much faster.

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Rishabh riyz
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February 02, 2021, 02:08:54 PM
 #26

BTC(1 btc)-
  • 1 year spam- $9000 to 34,850 now and reached ATH $41,500 a growth of 260%
  • 5 year spam-$391 to $34,850 now a growth of 8667%


GOLD(10 gm of 24k gold)-
  • 1 year spam- $574 to$692 ,20% growth
  • 5 year spam- $428 to $692 , a growth of 62% growth

there is a major gap between the returns of both assets but since BTC has a highly fluctuating value and is a digital decentralized crypto currency and on the other hand gold is a physical asset which is widely accepted by the population , legally can be traded in every nation around the globe they both have their advantages and disadvantages .
both are good assets with good returns .
imstillthebest
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February 02, 2021, 04:05:13 PM
 #27

play or have the same role as gold  or to have stability , no but out play or over take gold in value ? yes it did already .
you already own 400 btc and thats 13.6 million equivalent to usd today .
 thats already huge if in my opinion but dont know to you if do you have higher goals than on mine  . if  you are greedy for more , you can add more btc on your wallet but take note that the value of btc have changed . its not the same cheap btc as you know
Nikole Fischer
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February 02, 2021, 06:47:48 PM
 #28

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?
I still can't answer this question. The battle between bitcoin and gold is still ongoing and it's difficult to say who will win. So my advice to you is to buy both. You won't regret your investing anyway.
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