Popkon6
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June 22, 2023, 11:59:13 PM |
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Whether you want to invest in Bitcoin or gold is entirely up to you. And I'd say I care more about Bitcoin because the price of Bitcoin rises more than the price of gold. And I'm also willing to take risks which is why I'd prefer Bitcoin over listening. The Bitcoin market has seen the most price ups and downs and investing in down markets, selling in up markets, is the most profitable and most profitable if held long-term This is why I hold Bitcoin.
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ChiBitCTy
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June 23, 2023, 12:20:49 AM |
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This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
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Farma
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June 23, 2023, 03:03:27 AM |
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both remain a good investment depending on how we manage it in the future. not everyone knows about bitcoin, but everyone can use gold. If you are good enough at managing bitcoin then bitcoin will be a great choice, in fact you can extend that to have other types of investments. As for gold, you may hold onto it long enough and it only increases in value a little. Either way, both are still great options, it's just that they need to be tailored to your needs. I think, people also feel that both are good investments since long time ago, the proof is, bitcoin and gold have both survived and are still the recommended choice until now, moreover the price also tends to increase.
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Smack That Ace
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June 23, 2023, 03:21:53 AM |
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This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.
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ItsCrafty
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June 23, 2023, 03:46:08 AM |
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This has been brought up about ten billion times here at least since I've been a member of the forum, some 6 years ago or so. As I've said over and over again, as someone who works in finance, the right answer to this questions is maybe neither, or maybe both.
Diversification is key, that's what it's all about. One must always have a foundational portfolio put together before they buy hedge assets and risky assets like gold and bitcoin. So there's no just one flat answer to be had here.
Bitcoin and gold are two different assets with different characteristics. Bitcoin is a digital form of money or asset that operates on blockchain technology. It offers the potential for high volatility and significant returns but also carries higher risks due to market trading trends and other factors. Gold, on the other hand, is a physical asset with dynamic characteristics and importance regarding trading and storing value. It provides stability and acts as a border against inflation and economic uncertainties, while Bitcoin offers the potential for quick gains. Gold offers a more traditional and proven method of preserving wealth over the long term (by holding or investing). In order to balance risk and reward, investors should diversify their investment and also consider their individual goals and targets when choosing between the two..
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YUriy1991
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June 23, 2023, 03:50:09 AM |
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It's confusing when people keep comparing gold and bitcoin, I don't know what they are trying to prove when everyone has their own choice. And most of all, we can invest in both because no one is stopping us from doing it. You are right, even if bitcoin is 10 or 100 times better than gold, investing all of your money in bitcoin is a stupid idea, and diversification has always been the key to our success. Both are investments yielding good results, so I would choose both instead of comparing and slandering each other.
You raise a valid point regarding the comparison between gold and Bitcoin. It is indeed a matter of personal choice, and there is no need to prove one superior to the other. While it is legal to choose gold and Bitcoin as an investment, I think it is also important to consider the different characteristics and risks associated with each as brother @ItsCrafty Explains. Gold has a long-standing track record as a store of value, while Bitcoin represents a newer and more technologically innovative investment option. By diversifying one's portfolio, individuals can potentially benefit from the unique advantages and reduce the risks associated with each asset class.
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songchunlai
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June 23, 2023, 04:31:23 AM |
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As an important pledged treasure in history, gold has assumed the important role of pledged lending in economic development, promoted the circulation of spot goods, and benefited economic development. More, it assumes the function of loan records, so yes, money is a huge database, which records the credit relationship between characters, so in general, Bitcoin is the best kind of money, it is easy to use, It is safe and reliable, free from third-party interference, and directly accessible from any region. It will be widely used in the future.
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Poker Player
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June 23, 2023, 04:36:20 AM |
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It is not one or another imo.
IMO as well. I hold both actually, although the amount of gold I have is much less. But it doesn't make sense to buy gold to not hold it because the buying and selling fees eat you up. It is not an asset to speculate in the short term, nor in the medium term I would say. Bitcoin has more advantages, the main one being digital and being able to transport and transfer large amounts very easily, which is impractical with gold. So the best thing to do is to hold both.
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glendall
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June 23, 2023, 08:19:19 AM |
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I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future
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kizlod
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June 23, 2023, 08:48:31 AM |
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I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future
it But gold is not really profitable, it just covers inflation. It will never go +30% or so in one month. I mean, I'm not judging at all, I think holding gold has it's pros, but it can't be as profitable as Bitcoin.
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Nrcewker
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June 23, 2023, 09:03:01 AM |
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Aspects don’t matter at all. People invest in what they see as profitable. If you ask the younger generation, then they probably choose Bitcoins over gold. Whereas if you ask the older generation, they will choose gold over coins. Yes, I also agree that both have advantages and disadvantages. But if one has to choose, he will choose based on necessity. If you're comparing, then we need to compare bitcoin versus digital gold, as physical gold has many more restrictions and hidden charges. If you ask me, then I want to choose bitcoins, as I am from the new generation and I have seen what bitcoins are capable of.
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Latviand
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June 23, 2023, 09:14:42 AM |
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I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future
I don't know if this is a problem in your country but there are some countries that will let you buy gold but never let you hold the one that you've just bought for "security" reasons which is definitely a no-go for me, maybe if I do some research about it though, I can be wrong and might consider hodling a small amount of gold in my possession but for now, I think it's best to hodl bitcoin more than gold because it makes you responsible for your own safety and wealth so no one can steal it from you unless you are dumb enough to be scammed. As long as there are preference, there will always be a debate remember that, and it's a beautiful thing that there are debates about this, it means that people care about their finances and that they want to make a stable financial future.
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2Pizza410000BTC
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June 23, 2023, 09:24:14 AM Merited by fillippone (1) |
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Both bitcoin and gold are at the top in terms of popularity but gold is more in demand than bitcoin due to increasing demand. Investing in Bitcoin is much more profitable than gold but investing in Bitcoin is risky as Bitcoin has different risk factors. Because the government of a country can make the investment unprofitable by imposing restrictions and taxes on Bitcoin investment. But in case of gold there is no risk on investment rather if you keep the investment then it becomes your risk free asset.
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Minecache
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June 23, 2023, 09:42:42 AM |
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I personally both gold and bitcoin , because for me both are equally profitable, with the characteristics they have it challenges me to own and accompany them to their highest point, there is no long debate between gold and btc because both are investments that need to be considered for the future
it But gold is not really profitable, it just covers inflation. It will never go +30% or so in one month. I mean, I'm not judging at all, I think holding gold has it's pros, but it can't be as profitable as Bitcoin. Investing in gold is still profitable because its price is also volatile and not completely stable, but the return will not be as significant and large as bitcoin. Gold is only suitable for investors who like safety and investors with a huge amount of capital, investing in gold can be profitable. Gold is not as volatile as bitcoin but many times safer than bitcoin, and the two assets are entirely different, so comparing them is rather lame. Each property has pros and cons, and it's up to the individual to make the right choice. I also think like some people here, we can invest in both, it's much better to diversify assets than focus on just one.
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Not your key not your BTC
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don't trust, verify
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June 23, 2023, 12:26:32 PM |
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Gold is not grow up your wealth, gold is just maintain the fiat value, while bitcoin, will grow up your wealth, in fact bitcoin is increase your investment.
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Ayers
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June 23, 2023, 02:09:46 PM |
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As far as I know, there is no rule that prohibits us from owning both or is forced to choose only 1. So why do we always compare them to find the better one?
People compare them because they do not have the money to buy both of the assets, they can only buy one, so they want to know which asset has more potential, so they can choose it and invest in it. Well, thanks for reminding me, I hadn't thought of this because I always thought that once people decide to invest, they already have some money to invest. Moreover, no matter how much capital you invest, diversification is still more necessary than investing in a single asset class, which is quite risky. Bitcoin is the future for me, gold is not potential but rather a piece of jewelry for women.
Gold does not have any "potential" because everyone knows what gold can and can't do, it is a very old asset and a store of value that people have been using to hold the value of their money for a very long time. I believe when we talk of "potential", it is for newer assets. By the way Gold can be used for other things than just jewelries, though it is one of its use cases. Gold is still volatile and not completely stationary, so it will still bring profits, but small investors with not too large capital will receive a negligible profit when investing in gold. As I also said, gold is still the preferred investment of many billionaires and tycoons, so saying it has no potential is not necessarily true.
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karabiber
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June 23, 2023, 02:20:19 PM |
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People have questioned whether Bitcoin can play a similar role to gold in an investment portfolio for years. Actually despite some similarities between the two entities, mainly their supply is limited and they have an alternative role to fiat currencies. Therefore, it is very important for investors to know the basic differences between gold and bitcoin and to invest accordingly. Almost all of the people on the forum will use their investment in favor of Bitcoin. Gold has been known as a store of wealth for thousands of years and is at times an alternative source of income to the traditional stock market. Gold has traditionally performed well in times of inflation and has a highly liquid, established market, low volatility and a key store of value for older people.
Bitcoin offers various investment opportunities for those who invest in it. One of them is bitcoin mining. If you met crypto markets in the 2010s, you are very lucky. Bitcoin must have opened the door to a completely different world for you. I would definitely use the long term investment in favor of Bitcoin. Despite the high volatility, i believe that i will realize my long term plans with Bitcoin. We continue to multiply our wealth during halving periods. Stay with Bitcoin.
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coinerer
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June 23, 2023, 03:00:48 PM |
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A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are. But if we think about safe investment, there is a lot of difference between the two. Holding Bitcoin has a much higher annual profit potential than gold. However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.
If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money. A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes. But this is not seen in gold. So it is better to invest in both Bitcoin and Gold
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rojan
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June 23, 2023, 03:25:47 PM |
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A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are. But if we think about safe investment, there is a lot of difference between the two. Holding Bitcoin has a much higher annual profit potential than gold. However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.
If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money. A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes. But this is not seen in gold. So it is better to invest in both Bitcoin and Gold Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin.
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coinerer
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June 23, 2023, 04:03:10 PM |
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A look at the price movements of Bitcoin and gold over the last 10 years shows how different they are. But if we think about safe investment, there is a lot of difference between the two. Holding Bitcoin has a much higher annual profit potential than gold. However, the risk here is also very high, but if you hold gold, the annual price change rate is low, but there is no risk here.So whether to hold gold or bitcoin depends on how much risk or profit he is willing to take.
If I think about the price of bitcoin and gold, I will invest in both. Because investing in bitcoin is very risky. And if we invest in gold, we will have a small profit. And it will become an asset for us. And if we If we invest in Bitcoin we will have the possibility of losing money.I think we can invest some money in bitcoin gold and if some time give us a chance to make a lot of money. A better plan is to invest in multiple assets rather than depending on just one thing. Because in this case, if one is lost, the other will back it up. Meanwhile, although Bitcoin investment is risky, investing in gold is completely risk free. Because the price of gold has been constantly increasing in the last ten years. even if the price of Bitcoin increases a lot, there are occasional major crashes. But this is not seen in gold. So it is better to invest in both Bitcoin and Gold Yes, I think so too. I will invest a little more in gold because there will be no risk in investing in gold. But investing in Bitcoin will be a little risky. But I think even if it is risky, I will get good amount of money from Bitcoin.But after investing in Bitcoin you have to wait for a long time. After investing in Gold it can be sold at any time at the right price. But if the price of Bitcoin is in a dump then there will be a lot of loss if you sell Bitcoin. Investing in Bitcoins requires you to hold it for a long time which will not help you in an emergency because if the price of Bitcoins is lower than your purchase price at that time you will have a huge loss if you sell. However, the price of gold does not fall very often and in times of emergency, gold can be saved from danger by selling it. So if you invest in both Bitcoin and Gold Bitcoin will give you a big profit if you hold it long time, and Gold will give you the profit as well as emergency backup.
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