Willwest
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April 27, 2021, 08:50:58 AM |
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Bitcoin if you're looking for a higher return on your capital.
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Obito
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April 27, 2021, 08:53:03 AM |
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for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
You are more progressive than most people in this forum to be honest because a lot will put everything in bitcoin, sure it will be good at first but you have to slowly diversify along the way so when you have a steady stream of income and one of them goes down, you don't have to worry because your portfolio is robust. To summarize, bitcoin is a good starter but you also have to consider other types of investment to diversify.
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PhucS
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April 27, 2021, 09:03:09 AM |
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The value of gold is usually less volatile. If you like stability, I think you should choose it. In contrast, bitcoin is suitable for those who are adventurous because of its volatility. The value of bitcoin can be very high, but can also be very low depending on the time. Right now, bitcoin is very popular all over the world, but I don't think it can replace gold yet. People still value gold as a good reserve asset, and it also has value for jewelry
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yazher
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April 27, 2021, 09:14:43 AM |
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If you don't mind to keep your money for a longer period without the need for it. I'll suggest investing in BTC since investing in it will change your li=fe in a 3-5 years span. Just imagine when you were able to invest in that era where the price only costs $500 for each BTC and you open your wallet today. I think you will not gonna feedback that would make the others discourage investing in BTC rather than gold. As for me, after the BTC market finally holds its price anywhere at the bottom, that's when the time to invest again because it will surely rise again because of its popularity.
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Ararbermas
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April 27, 2021, 09:37:57 AM |
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Of course bitcoin will the best option when it comes longterm but as usual not safe unlike Gold wherein despite of hedge against inflation still secured and convenient even long term.. And also taking Gold place? For me bitcoin will stay as is what its now, although it always makes way to become valuable than other assets, still there's no way it can replace such thing especially if the government are involved behind in my opinion.
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capokmerah
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April 27, 2021, 02:54:14 PM |
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It's always interesting when we discuss Bitcoin vs Gold. both have similarities and are always compared to compare. in fact, everyone would want to have both at once ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) who have bitcoin is definitely limited because not everyone is involved in it. but gold as we know it is everywhere and is used by anyone who can buy large quantities or not.
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aysg76
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April 27, 2021, 03:12:18 PM |
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Gold is still a preference for lot of people who wants to invest their money instead of savings in banks which have minimal interest rates of 7-8% annually.If you have risk taking capability and want to invest in some capital guarantee investment then gold is first option for many people.But if you want high profits and want to enter into trading market then Bitcoin and altcoins is best option for you because you can make huge profit with less investment.
Bitcoin has gained more than 62000% in past 12 years and have reached its ATH of $64k in this year.
Gold average prices in 1990's was $335 and now they have gained and now trading at global level at $55k.
So you can imagine yourself what investment is best for you and if you can try to diversify between both then surely go for 60-40% rule for Bitcoin and Gold respectively.
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conected
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April 27, 2021, 04:04:44 PM |
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for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
You are more progressive than most people in this forum to be honest because a lot will put everything in bitcoin, sure it will be good at first but you have to slowly diversify along the way so when you have a steady stream of income and one of them goes down, you don't have to worry because your portfolio is robust. To summarize, bitcoin is a good starter but you also have to consider other types of investment to diversify. - Considering diversification is when we have stabilized and maintained a good income in an area, for example in bitcoin, you have the knowledge and you become an excellent investor, the transfer of part of capital to gold will be an advantage for having new experiences but if you are not really sustainable in both areas, diversity is a waste because you don't know how to deal with underground rules and the raging waves the market creates. The plan has nothing to complain about but it also needs the qualifications of the participants
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bitzizzix
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April 27, 2021, 04:52:15 PM |
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Both are good to have and can store value and can save wealth from the threat of global economic recession. bitcoin is dubbed the digital gold and investment nowadays, and some experts even call bitcoin investing a better return than investing in gold and also very safe and convenient in storing and using it. Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
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molsewid
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April 27, 2021, 06:24:42 PM |
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Bitcoin is a very valuable digital currency, investing in the long term can benefit a lot by learning from the experience of 2018 and until now gold is one of the most valuable assets in the real world and the benefits of gold can also be stored in the long term. I think both are equally important and I will probably save both of them for my savings in the long run.
I think you are right that both are equally important. But for me, I will probably save Bitcoin more compare to gold. I know gold is one of the most valuable assets in the world but I'm not sure where I can keep it. I just feel it something that can easily taken away from me. But surely I would love to keep some gold too. I will save more Bitcoin because I'm believing that it will grow more in the future. It would be good savings in the long run.
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magneto
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April 27, 2021, 10:28:04 PM |
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100% bitcoin.
It has all the desirable characteristics that gold holds. For instance, it has a limited supply (which is completely democratised and not manipulable by large corporations, mind you) just like gold which makes it a good long term store of value.
However, BTC's ability to function as currency is where it distinguishes itself from gold or other precious metals. It's no secret that gold and silver are cumbersome as a medium of exchange even though they are a good long term hedge against inflation and fiat - BTC resolves both the high transportation costs as well as the storage costs associated with that, making it much more accessible to the masses.
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xiboothrezi
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April 27, 2021, 10:36:37 PM |
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--- Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
on the other hand, the volatility of BTC is very high, the price can go up at any time and it can also go down just because of rumors or bad news. see? gold and BTC have their advantages and disadvantages. I am a neutral party, I choose to invest in both of them so as not to miss the opportunity and keep my assets safe. at 50:50, it's a pretty fair choice. every time, comparing which one is better between gold and BTC will be endless. whereas, instead of arguing over it, it is better to take advantage of both ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) .
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btc-room101
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April 28, 2021, 01:43:24 AM |
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--- Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
on the other hand, the volatility of BTC is very high, the price can go up at any time and it can also go down just because of rumors or bad news. see? gold and BTC have their advantages and disadvantages. I am a neutral party, I choose to invest in both of them so as not to miss the opportunity and keep my assets safe. at 50:50, it's a pretty fair choice. every time, comparing which one is better between gold and BTC will be endless. whereas, instead of arguing over it, it is better to take advantage of both ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . GOLD in the Hand is your Friend BTC is the 'bird in the bush', every cave man knew a bird in the hand had more value than a bird in the bush.
Now scammers can sell you paper certificates proving 'ownership' of the bird in the bush. Problem with Gold vs Bitscam is your comparing real versus un-real; It can't be done, as the real is what it is, and the un-real can be anything the bullshitter says it is Like long ago people were killed over "How many angels can dance on the tip of a needle", the question caused bar-fights and hangings. There is never a 'right' answer to a stupid question. GOLD is an insurance policy. Simple, buy it forget it, hide it. BITCOIN is a lotto ticket, buy it, HODL, cross your fingers. Done, nothing more to be said. Trade bitcoin, lose all your money, unless you ran an exchange where you can rob people legally. Same for GOLD, trade GLD you lose, because the house always wins.
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uneng
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April 28, 2021, 01:52:02 AM |
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Gold is for who already has a lot of money and wants to store its value safely from inflation, since gold is a stable asset. Bitcoin is advisable for who wants to make profit over their investments, not being necessary to have a lot of money to start investing in a worthful way. Thanks to the volatile nature of bitcoin (that seems to always push the price up on long run), the profit percentage made is much superior to gold investments, being perfect for small investors who are also trying to avoid fiat value depreciation. Actually, to escape inflation is the main similarity and benefit of bitcoin and gold.
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MAK400
Jr. Member
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April 28, 2021, 02:02:08 AM |
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Bitcoin if you're looking for a higher return on your capital.
Of course investing in bitcoin is much more valuable than buying gold. If anyone has invested in Bitcoin at the beginning of the year, he has benefited a lot at the present time.
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♦♦ SokuSwap ♦♦ ── I use Soku, do you? ──
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Twentyonepaylots
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April 28, 2021, 02:05:18 AM |
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Gold's non-renewability is it's own way to limit it's supply. Although of course people will recycle gold through different means in order to preserve its value and keep its relevance to the masses. Bitcoin doesn't have this feature, because every bitcoin is purely identical to another, and cannot be reforged into something else, but that makes it so that every bitcoin you own is secured and is only up to its user's hands to spend or waste.
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BuNga_cute
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April 28, 2021, 08:45:06 AM |
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If Bitcoin and Gold are very valuable investment tools, why do we have to choose. It would be great if investing in both, so the profit generated should be maximized. But if anyone wants to choose between Bitcoin and Gold is also not wrong. Actually it depends on each person's research on Bitcoin and Gold, whatever choice I think is equally good. What is wrong if we decide not to invest in Bitcoin or Gold.
if it is in accordance with your wishes, of course it certainly requires a lot of funds to be able to invest in both. because if there is a choice then of course we must consider it as well as possible. If for an investment that is not a big risk, of course we will decide on gold with an insignificant increase in risk. but if you want an investment with a very significant value, of course we will choose bitcoin but with no small risk, if you do the wrong analysis because the very large price difference can make an invaluable loss, but if we are patient and can analyze it well then the benefits are extraordinary. Indeed, I admit that we need a large amount of funds if we want to invest in Bitcoin and Gold, because if we have a little capital it is more effective to choose one. But if I had to choose I would choose to invest in Bitcoin, although it has a higher risk than Gold. I believe that the profit that Bitcoin can provide can be higher when compared to the profit provided by Gold. Because the risk of investing in Bitcoin is very high, we really have to do the analysis well. In order to buy at the right time, don't let us buy Bitcoin when the price is at its peak.
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Kayum10029
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April 28, 2021, 09:51:25 AM |
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Bitcoin and gold two both are very much popular and worthy for investment but gold is better than Bitcoin because Bitcoin fully virtual and decentralized in nature. It cannot be controlled by governments and central bank. On the others hand gold a complete valuable metals and can be used as liquidity pool of central banks.
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kryptqnick
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April 28, 2021, 02:49:46 PM |
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This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm not a fan of gold and I don't have any, but I think that gold is better as a store of value that Bitcoin because the price chart paints a clear picture to me when it comes to gold: you probably won't have much profit, but you're not going to lose a lot either. So for keeping the wealth one already has, gold seems like a very solid option. If, however, we're talking about investment, Bitcoin is clearly way better. Even though it's very volatile, it's clear from Bitcoin's history that so far the price always bounces back up and rises even higher than before eventually, so it's a good long-term investment. It's way better than gold because you can actually profit very impressively from it.
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cydrix
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April 28, 2021, 03:13:10 PM |
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Most people would think gold is a better idea although it can give you profit overtime or in the future it is also not safe to purchase bulk amount of golds and showcasing it to the mass. Gold has physical value on it so if you lost it or got stolen, all your hard earned money can be wipe away in an instant. Bitcoin on the other hand can guarantee your safety and profit just be patient enough to wait for the big profit you'll gain in the future.
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