Bitcoin Forum
June 19, 2024, 12:50:18 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
Author Topic: Do you still have thoughts of picking Gold over Bitcoin, read this.  (Read 914 times)
bitterguy28
Full Member
***
Offline Offline

Activity: 2044
Merit: 181


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
August 24, 2021, 09:52:46 AM
 #81

I think it is how people look about gold to be more profitable than Bitcoin , it is just More people still don't trust Bitcoin so they prefer Gold to be investing .
but it does not necessarily mean they believe more in Gold interms of profiteering , instead it is the assurance that they are seeking in gold.
people like them are the one we can call To see is to believe, in which Holding gold is more secure for them than Virtual money.

rikybrosh
Full Member
***
Offline Offline

Activity: 478
Merit: 100



View Profile
August 24, 2021, 10:46:50 AM
 #82

Actually I don't think that gold is a profitable investment. I think gold is only to secure our wealth, it is protect us from inflation. In my opinion the price of gold always goes in line with commodity price. But I will still buy gold because sometimes if I don't know what I have to do with my money then buy gold is the easiest way to escape from inflation. Now I don't buy gold since I know about bitcoin and other cryptocurrencies. I also have some business plans so for now I don't need to buy gold.

lienfaye
Hero Member
*****
Online Online

Activity: 2968
Merit: 629



View Profile
August 24, 2021, 11:03:35 AM
 #83

Bitcoin is better than gold when it comes to return that you would get for a short period, its high risk but the profit is undeniably huge depending on how much you invest and the percentage of bitcoin's increased.

But gold is existing for long years already before bitcoin is created thus many people who are not a fan of crypto still prefer gold as better investment plus the fact that it has a physical form.

I am collecting gold jewelries as my accessories and investment as well but I cant deny that bitcoin as an investment is way better in all aspect. Although the price is fluctuating, still, its a reliable way to earn that you wont need to wait longer since bitcoin is high volatile.

██████
██
██
██
██
██
██
██
██
██
██
██████
██████            ██████
 █████            █████
  █████          █████
   █████        █████
 ████████      ████████
  ████████    ████████
      █████  █████ 
    ████████████████
    ████████████████
        ████████   
         ██████     
          ████     
           ██         
AVE.COM | BRANDNEW CRYPTO
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀.. CASINO & BETTING PLATFORM
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
🏆🎁
██████
██
██
██
██
██
██
██
██
██
██
██████
██████
██
██
██
██
██
██
██
██
██
██
██████
████████████████████████████████   ████████████████   ██████
.
..PLAY NOW..
.
██████   ███████████████████   █████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██████
decodx
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 935

🇺🇦 Glory to Ukraine!


View Profile
August 24, 2021, 11:10:05 AM
 #84

Bitcoin is not just a cryptocurrency or an investment asset, it is a revolutionary technology. It's a new technology, it's a new asset, it's a concept for the future. We have to accept that.
seramania
Full Member
***
Offline Offline

Activity: 827
Merit: 100



View Profile
August 26, 2021, 03:51:13 PM
 #85

usually people who choose gold do not know the importance of bitcoin widely. they just want to invest safely and also avoid big risks, and gold is the best choice at this time. so in my opinion it should be balanced for 50% investment to bitcoin and 50% to gold to be stable. but back again to the mindset of the people, can you do that or choose one for investment

|   Facebook   |     Twitter     |                                       R A N G E R S                                       |    Discord    |    Medium    |
|    Telegram   |                                        ─────     PROTOCOL     ─────                                        |    Gitbook    |
████  ███  ██  █          VIRTUAL WORLDS BLOCKCHAIN INFRASTRUCTURE          █  ██  ███  ████
Suharti12
Member
**
Offline Offline

Activity: 350
Merit: 10


View Profile
August 26, 2021, 04:04:11 PM
 #86

I don't like investing in Gold at all, because I've done that many times, but the length of time I've kept gold with the profits I get is very far compared to my investment in Bitcoin. 
Indeed Bitcoin has a rapidly changing value, but in Bitcoin we can get a much bigger profit than Gold. 
Only people who don't dare to take big risks still choose Gold, and that's not my type right now.

●          ◯        M O N O P O L Y   M I L L I O N A I R E        ◯          ●
████ ███ ██ █        Diversified Gaming Platform Covering Staking, NFT and Metaverse Games        █ ██ ███ ████
Facebook     |     Twitter     |     Telegram     |     LinkedIn     |     Github     |     Discord     |     Medium     |     Reddit
Spack17
Sr. Member
****
Offline Offline

Activity: 1666
Merit: 274


View Profile
August 26, 2021, 04:24:43 PM
 #87

To be honest, I don't prefer one of them over the other. I make investments into gold and Bitcoin both. Because actually, these two both have a really bright future. Fiat money will be gone after a point. First, we will see an economic recession and it will make fiat money nearly worthless. After some time, goverments will start releasing their own digital currencies. And then, they will take the place of fiat currencies.
BOAEDAN
Sr. Member
****
Offline Offline

Activity: 616
Merit: 252



View Profile
August 26, 2021, 04:33:56 PM
 #88

In my opinion, people who are just learning the crypto business should not blame people who choose gold, because people who choose to own gold certainly have their own reasons, maybe they are afraid of risk, because we know. the price of gold is very stable, but the profits we get are small, but if we choose bitcoin we will definitely be faced with risks, but the benefits we get are definitely worth the risk we bear, because investing in bitcoin takes patience and a long time. the term, to be able to profit, because bitcoin is a long-term asset.

THE BEST IN SPACE
AUTO-COMPOUNDING DEFI 3.0
PROTOCOL ON BSC
▀█▄▄▄                                                                      ▄▄▄█▀
▀██
████▄▄▄                                                          ▄▄▄██████▀
▀▀███
██████▄▄▄                                              ▄▄▄█████████▀▀
▀▀████
████████▄▄▄                                ▄▄▄████████████▀▀
▀████████████████▄ ▄▄                  ▄▄ ▄████████████████▀
████████████████████▄▄          ▄▄████████████████████
▀█████████████████████        █████████████████████▀
▀████
███████████████▌      ▐███████████████
████▀
▀▀█████████
██████████████████
█████████▀▀
▀████████████████████████████████▀

▀███████████████████████████▀

▀██
█████ ███    ███ ███████▀
▀▀███   ██    ██   ███▀▀
5 0 1 , 6 5 2 %   A P Y
|    TWITTER    |   TELEGRAM   |    DISCORD    |
█▀▀▀▀▀











█▄▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
JOIN NOW
.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀▀█











▄▄▄▄▄█
DeathAngel
Legendary
*
Offline Offline

Activity: 3150
Merit: 1598


#1 VIP Crypto Casino


View Profile
August 26, 2021, 04:43:03 PM
 #89

I don’t need to read anything to convince me that bitcoin is a better investment than gold. There are many better things to invest in than good these days, the price has been stagnant for a very long time now.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
decodx
Hero Member
*****
Offline Offline

Activity: 1456
Merit: 935

🇺🇦 Glory to Ukraine!


View Profile
August 26, 2021, 04:54:40 PM
 #90

I don’t need to read anything to convince me that bitcoin is a better investment than gold. There are many better things to invest in than good these days, the price has been stagnant for a very long time now.

Not only does it stagnate, but it also falling. The price of gold dropped by more than 7% compared to last year according to the goldprice.org website.
cotton ball
Sr. Member
****
Offline Offline

Activity: 1288
Merit: 253


View Profile
August 26, 2021, 05:04:48 PM
 #91

do you still choose gold over bitcoin,?? if i personally i would choose both, because i think we are not enough to just play in one business, we have to play many roles in business, like big companies that play many roles, the reason i choose both is because when bitcoin price is down, i can take the opportunity to sell a little gold, for my needs, and I keep my bitcoins, and when the bitcoin price is high, I will sell my bitcoin, and I buy gold, and when the bitcoin price falls again, I sell gold to buy bitcoin, according to I personally think this is a good round, for doing business, because that way, the business goes on, the stomach is filled
Silver80
Full Member
***
Offline Offline

Activity: 714
Merit: 104


View Profile
September 09, 2021, 01:45:36 AM
 #92

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from:  One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative
As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

Difference between gold and bitcoin

Gold, liquidity has been tested, this gold will not disappear until the end of time, gold is not an investment but gold is a benchmark for maintaining currency stability, when talking about gold, we describe luxury, wealth and social status.
The shift in interpretation of gold into investment is caused by the transition of gold as a tool.
This exchange into a commodity causes gold to become an investment, because it already has an element of value that can be maintained and fluctuates, gold as a medium of exchange has existed since 450 BC, if in the past a country issued currency it depends on gold reserves, until the United States makes more currency than existing gold reserves, then the term EXCHANGE appears, here is calculated whether or not bankrupt is from the exchange rate.

BTC is still relatively new, its liquidity has not been tested, they are still seen as an investment as long as it is not recognized as a legal tender currency, El Salvador has started taking risks to make it the world's leading thing.

so it is wrong to think that gold is interpreted as an investment, the correct investment is in Bitcoin, stocks, plots of land, houses and other Altcoins.
Amejoaquim
Full Member
***
Offline Offline

Activity: 924
Merit: 100



View Profile
September 09, 2021, 03:16:44 AM
 #93

In my opinion, people who are just learning the crypto business should not blame people who choose gold, because people who choose to own gold certainly have their own reasons, maybe they are afraid of risk, because we know. the price of gold is very stable, but the profits we get are small, but if we choose bitcoin we will definitely be faced with risks, but the benefits we get are definitely worth the risk we bear, because investing in bitcoin takes patience and a long time. the term, to be able to profit, because bitcoin is a long-term asset.
If we are talking about long time then I think both are bad options for long term investing. When you think of long term investing, think of companies that will actively generate revenue and growth. Not commodities and currencies that you hope will go up.
blckhawk
Sr. Member
****
Offline Offline

Activity: 1540
Merit: 333


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 16, 2021, 07:36:54 AM
 #94

well i for one still prefer gold over bitcoin, mainly because gold's market is much more stable than the market for bitcoin. bitcoin's market is very volatile and is prone to ups and downs with its price meaning that you can have more losses than gain while gold's market although it is not as high as bitcoin but it can retain its value and it will only go up because it is a mineral that is not unlimited.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
ROSERTY
Member
**
Offline Offline

Activity: 116
Merit: 11


View Profile
September 17, 2021, 02:22:16 AM
 #95

Both gold and Bitcoin are good investments and both are valuable. Investing in both can bring good returns.
Gold has developed for a long time, and people have a broad consensus on it. And gold is more stable than bitcoin, and some people like to invest in gold if they are afraid of taking risks and prefer more stable things.
The high volatility of bitcoin brings more profits to people. Now many young people realize the value of bitcoin and choose to invest in it. Bitcoin has only developed for more than a decade, and it has gradually surpassed the value of gold in many areas. Bitcoin will be a more important investment in the future.
IamWealth
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
September 17, 2021, 06:06:06 AM
 #96

Bitcoin might yield faster reward but Gold will definitely yield stable rewards. Both investments are promising and profitable. With Bitcoin you just need to take more calculated risk. Owners or either or both are still great.
LyJones
Newbie
*
Offline Offline

Activity: 20
Merit: 1


View Profile
September 17, 2021, 09:42:05 AM
Merited by Symmetrick (1)
 #97

I think it's okay to invest in gold or bitcoin. We have no right to decide what projects others invest in. I have many projects in the investment industry. Not only do I invest in cryptocurrencies, but I also invest in stocks, real estate, and of course a little gold. My opinion is that the eggs are not in the same basket. You can choose any project you want to invest in. Learn more investment knowledge and investment skills. Many projects are not of the same type and need to be understood. Be responsible for your own money.
suzanne5223
Hero Member
*****
Online Online

Activity: 2660
Merit: 651


Want top-notch marketing for your project, Hire me


View Profile WWW
September 17, 2021, 10:02:23 AM
 #98

I think it's okay to invest in gold or bitcoin. We have no right to decide what projects others invest in.
An investor that has no right to decide what she invests in will certainly have right to make loss.

My opinion is that the eggs are not in the same basket.
This does not apply to everybody and the last time I checked having knowledge in portfolio management is needed before making this decision.

Bitcoin might yield faster reward but Gold will definitely yield stable rewards.
No market whatsoever will yield a stable reward.

AicecreaME
Sr. Member
****
Offline Offline

Activity: 2380
Merit: 454


View Profile
September 17, 2021, 11:31:21 AM
 #99

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from:  One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative
As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

Bitcoin and gold are both great investment vehicles. They hold so much potential, no doubt. However, we must also take into consideration the different perspectives people have in every situation. Like what they say, to each his own. We view things from various angles. Everyone has their own opinion and reasons why they prefer gold over bitcoin and we must learn to respect that. Just because we see bitcoin as the king of almost every investment there is, doesn't mean that other people will view it the way we do. We have different preferences and we differ in risk appetite as well. Some people just really prefer stable investments rather than volatile ones. Not everyone possesses a strong heart as we do. Some people bother and worry so much about the dips, hence, they decide not to invest in something that will cost them their mental health. It really just boil down on doing what suits us best. After all, it's our funds and assets to begin with.
Sanugarid
Full Member
***
Offline Offline

Activity: 1442
Merit: 153


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 17, 2021, 12:03:34 PM
 #100

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from:  One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative
As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

I do get your point but I think the reason why some people still prefer gold over bitcoin is because of having a stable market and intrinsic value which is used in different aspects of our life specifically technology. It's a much safer investment than BTC since it has stable demand and actual usage even though BTC has high profitability but still a risky investment.

Pages: « 1 2 3 4 [5] 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!