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Author Topic: BTC or Gold Investment?  (Read 9130 times)
dwminer1
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August 02, 2022, 05:44:56 PM
 #141

Why not in both? In the case of investments, I am in favor of the widest possible diversification. Of course, it all depends on the amount of funds you intend to spend on the investment. However, if you intend to invest in btc in long term, it is worth allocating part of this sum to gold. Or you can think of a traditional stock market or fiat currencies. And with more funds for investments, think about real estate as well.

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Tessyb
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August 02, 2022, 05:52:14 PM
 #142

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

Bitcoin is obviously more profitable than most investments opportunity, but the issue is that the value of Bitcoin is volatile and as such could be considered risky. But when it comes to gaining higher returns bitcoin has shown a more more progressive result over the years when compared to gold or stocks.
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August 04, 2022, 06:25:31 AM
 #143

both are great in term of long term holding, though you'll definitely could get more return of investments with bitcoin since it fluctuates a lot.
the thing with gold is that it's also being used widely in industries that's why it's value could get retained so well also adding many religions that influence the holding of golds.
though i think both are the same thing, great in term of holding its value for long term and effective way of fighting inflation.

All investment products, in my opinion, will fluctuate, but gold's resistance to inflation and its propensity for stability make it a popular choice among investors.
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August 04, 2022, 06:39:07 AM
 #144

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
The decision on where it is more profitable to invest is up to you. There will be many opinions about this, because many people invest in gold, considering it to be a more reliable investment. But there are also many people who will say that investing in Bitcoin is a more stable option. Both options have their pros and cons.

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August 04, 2022, 06:39:46 AM
 #145

Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.  
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August 04, 2022, 10:58:34 AM
 #146

Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.  

Gold is a traditional investment that has been used thousands of years ago and will last for the next thousands of years, despite the very high profit opportunities from cryptocurrencies, the best and safe thing is to share investment into many places, and gold is the safest and most profitable investment.

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August 04, 2022, 12:15:59 PM
 #147

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.
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August 04, 2022, 01:33:26 PM
 #148

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.
Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

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August 04, 2022, 06:23:30 PM
 #149

For me, investing in cryptocurrencies has become the best option for generating additional income. And cryptocurrency is always in the cryptocurrency market has more chances to make a profit. And if we talk about gold, then this is a long-term investment with which you need to wait a long time for profit. And that's why I prefer to invest in cryptocurrencies. Where there is an opportunity to make a profit in different ways.
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August 04, 2022, 07:13:38 PM
 #150

For me, investing in cryptocurrencies has become the best option for generating additional income. And cryptocurrency is always in the cryptocurrency market has more chances to make a profit. And if we talk about gold, then this is a long-term investment with which you need to wait a long time for profit. And that's why I prefer to invest in cryptocurrencies. Where there is an opportunity to make a profit in different ways.
Personally, I am buying both gold and crypto. The value of gold is increasing rapidly and in my opinion, it has low risk. On the other hand, crypto is giving high profit but the risk is is also high in crypto. So, it is better to buy both gold and crypto.

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August 04, 2022, 07:26:03 PM
 #151

Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.  

Gold is a traditional investment that has been used thousands of years ago and will last for the next thousands of years, despite the very high profit opportunities from cryptocurrencies, the best and safe thing is to share investment into many places, and gold is the safest and most profitable investment.
Of course, gold has to have a stable price. Why would anyone wants gold, the most important means to maintain the asset's worth lost and its ability to do it is beyond me. Have they been addicted to crypto's volatility that they also want gold to be the same? Do they want stable coin volatility too? Same logic behind this thread's topic. What would you want? Chance to be rich with Bitcoin's volatility but in a good way, up in years later or maintain your richness by the stable of gold?
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August 05, 2022, 11:27:55 AM
 #152

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.
Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

And that's reality, there are conventional investors who use gold before for investment that is now moving to crypto, after seeing the series of events where crypto pump and bring a huge amount of profits to those who take the risk, Everything should be accompanied by knowledge before you take side in whatever investment you choose. There are different point of views but the main goal is to earn either in a short span of time or in a longer time frame.

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August 05, 2022, 12:43:15 PM
 #153

Quote from: S
hamm link=topic=5407203.msg60686256#msg60686256 date=1659615359
If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.
Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

There are many people who invested gold first then they sell it because of the reason they switch to invest in bitcoin. And yes without a doubt investing bitcoin is more profit than gold even though Bitcoin is volatile but still trustworthy enough to be invested. But it depends on the investor is where he/she are comfortable to invest with. But for me it's better to have golds and also investing in bitcoins.
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August 05, 2022, 03:38:17 PM
 #154

I'm just going to speak about Bitcoin here. The fact that it is permissionless, decentralized, and they're only be 21 million coins. The fact that you can carry it over borders with a seed phrase memorized in your head. If held properly it cannot be confiscated. And the fact that all Fiat currencies fail. If enough people agree it's a store of wealth. It is the currency of the future. No person or country can be excluded. A few reasons that I can come up with off the top of my head.

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August 05, 2022, 03:55:57 PM
 #155

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
A very complicated choice because both are good assets to hold in the long term, if asked to choose I choose btc because my btc investment can take big profits compared to gold and I am also ready to take the risks that I have to bear.

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goinmerry
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August 05, 2022, 04:12:08 PM
 #156

I think we shouldn't mind the ROI but just maintain our good winning stats once we considered either BTC or Gold Investment. Thinking purely about ROI might just be a distraction to us. Focus first on how we will be successful at these investments and eye on the long-term.

Put some seriousness too if we decided to take these both as investments. One thing is for sure, both are profitable but in the end, we should not just rely on their market volatility and big value in order to make profits.

Our own strategy that will apply to either of those plays a critical role in our success.
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August 05, 2022, 04:31:24 PM
 #157

I think we shouldn't mind the ROI but just maintain our good winning stats once we considered either BTC or Gold Investment. Thinking purely about ROI might just be a distraction to us. Focus first on how we will be successful at these investments and eye on the long-term.

Put some seriousness too if we decided to take these both as investments. One thing is for sure, both are profitable but in the end, we should not just rely on their market volatility and big value in order to make profits.

Our own strategy that will apply to either of those plays a critical role in our success.
If we think about long term investment and if we can take risk then I think bitcoin will be a better choice. But if we want to safe investment and we wouldn’t take any risk then gold will be a better choice. Investment will depend on one's thinking

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August 05, 2022, 04:46:49 PM
 #158

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

I think investing in gold is better than bitcoin. and gold has better potential in the future because the price of gold continues to increase all the time, while bitcoin only goes up when the market is in a bull trend and when the market is in a bear market, bitcoin will go down. so it's better that gold tends to increase every time.

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August 05, 2022, 04:52:30 PM
 #159

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?
investing in Bitcoin in my opinion is more risky than gold, and I do recommend 30% in Bitcoin and 70% in Gold,
because Bitcoin in my opinion is still very worthy of long-term investment, but indeed we must minimize the risk

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August 05, 2022, 08:16:25 PM
 #160

If we think about long term investment and if we can take risk then I think bitcoin will be a better choice. But if we want to safe investment and we wouldn’t take any risk then gold will be a better choice. Investment will depend on one's thinking
Even though investing in crypto is high risk because of considering ROI then they will not want to miss the profit opportunity of Bitcoin investment, so I think comparing Bitcoin and gold for price stability will never be the same, but I have the highest investment in crypto but also have gold for long term profit long.

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