Luzin
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June 25, 2023, 10:36:49 AM |
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Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.
[1] https://www.crypto51.app/For several periods Bitcoin proved to be the best investment instrument. So some people who understand the technology and history of Bitcoin they will choose bitcoin a lot to look for profit because in calculations Bitcoin has far more profits in a faster time. Although bitcoin also has risks due to price instability. There seems to be a shift even though gold is still an investment favorite for people like my mom and dad, maybe people over 50. Perhaps legally, Gold is superior because the world has recognized it. I think having both is great.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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jeraldskie11
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June 25, 2023, 01:29:33 PM |
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Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.
[1] https://www.crypto51.app/For several periods Bitcoin proved to be the best investment instrument. So some people who understand the technology and history of Bitcoin they will choose bitcoin a lot to look for profit because in calculations Bitcoin has far more profits in a faster time. Although bitcoin also has risks due to price instability. There seems to be a shift even though gold is still an investment favorite for people like my mom and dad, maybe people over 50. Perhaps legally, Gold is superior because the world has recognized it. I think having both is great. Many investors were unable to sell their assets due to the large drop in the price of Bitcoin when it reached an ATH. They will suffer significant losses if they sell their assets now, as the price is far lower than their purchase price. It drives individuals to doubt Bitcoin and believe that gold is the best investment. For me, Bitcoin is the best investment because I feel that if you buy Bitcoin for less than $50,000, you are still getting a good deal. In other words, it's not risky to acquire Bitcoin today as long as you don't sell it because it's normalbfor the price to drop due to volatility but then gradually or impulsively rise.
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bettercrypto
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June 25, 2023, 01:38:40 PM |
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2. Gold is much valuable and precious and day by day it's price is also moving up but slowly. And there is no limited supply of Gold. It's not much volatile as like Bitcoin and can't be. Again here is lower risks and lower profits. And there is no risk linke dumping Gold's price extremely at a sudden period.
At least I agree with this, because right now we don't know how deep they will dig to get more gold, and we don't know how long they will do it. But we cannot buy them together as an investment as an individual. They are also good for the long term, only Bitcoin when it comes to the profit it can give when you hold it for a few years compared to Gold which is not that high to be honest but they are really an okay investment.
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spectre71
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June 25, 2023, 03:25:47 PM |
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Bitcoin is volatile duh I know. During a dip and you need some cap for something else, maybe a killer piece of property comes up but you upside down in BTC? No cash? No gold? Guess you can finance it until things turn around and assets you can borrow for. Holding BTC upside down in your company and a piece of heavy equipment comes up deeply discounted maybe auction now what? Sell at a loss to buy at a bargain is a wash.
Read everything you can from Ray Dalio especially his all weather fund.
You do you but I get concerned for others when they are "all in gotta get rich".. Ya you can, keeping it is a whole other game.
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Games.Bitcoin
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Tontogether | Save Smart & Win Big
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June 25, 2023, 06:38:36 PM |
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There are a few things to consider when holding gold or bitcoins. If you hold gold for a long time, its value will act as a hedge against economic uncertainty. Being a tangible asset, it is stable and will maintain its value over time. But Bitcoin is a digital currency that is a relatively new form of decentralized currency that works on blockchain technology. It fluctuates significantly over time and since it is not a real asset, it is considered a very risky investment. Investing in cryptocurrency depends on complete trust.
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MFahad
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June 25, 2023, 07:12:40 PM |
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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. Agree with you gold can be beneficial during emergency conditions whereas bitcoin will put you in difficult condition sometimes to take a decision of selling or holding. It is right that gold selling price is lower than buying price but we should wait for some months and don't put that amount which you immediately need after few days as investment is not for days. I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.
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larry_vw_1955
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June 26, 2023, 02:41:34 AM |
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I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.
then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.
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posi
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June 26, 2023, 03:13:12 AM |
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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.
As far as I know, the list of the wealthiest people in the world and the world's millionaires mostly invest in gold, not bitcoin. What do you think about this? Are they called idiots for not investing in bitcoin? Have you become rich on bitcoin? Or are you just fantasizing about a rich future investing a small amount of money in bitcoin, and hoping it will bring you wealth? Gold and bitcoin are two assets that both have the opportunity to bring wealth to us, as long as we always know how to take advantage of it to profit. Profits are made by the ingenuity and bravery of each person, not by what bitcoin or gold will bring us. When we compare how old gold, sure bitcoin is the best, but gold is not grow your wealth, As I asked you, have you become wealthy by investing in bitcoin? Or are you just daydreaming because you've seen it grow in the past, and many others get rich quickly from it? I will not say gold or bitcoin is better because each asset has its pros and cons, as investors, we need to choose for ourselves an asset that is right for us. We choose bitcoin, but we don't have to say bad things or put things on things we don't choose. It also doesn't make you richer than anyone.
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Fuso.hp
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June 26, 2023, 03:20:31 AM |
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At the moment the price of gold is increasing and the price of bitcoin is increasing, if both bitcoin and gold can be bought and held then both can be profited. But Bitcoin and gold are very valuable things. It is very difficult to buy both Bitcoin and gold together and hold them for a long time unless you have a lot of money. But those who only have the ability to buy either Bitcoin or gold should buy Bitcoin and hold it for a long time. Because right now there is some good news in the market due to which the price of Bitcoin is increasing. The sale price hit up to $31,000. From $31,000, the price of Bitcoin is likely to increase further. If bitcoin can be bought right now then I expect to profit from here.
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MusaMohamed
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June 26, 2023, 04:02:29 AM |
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Bitcoin can't be hacked because it can't in the first place, based on theoretical cost of perform 51% attack to Bitcoin is zero [1]. The right time to buy Bitcoin is when you ask it, that's mean the right time is now!
[1] https://www.crypto51.app/The crypto51.app website only makes estimation on cost of possible attacks from Nicehash hashrate cost. That estimation cost can be far from correct cost to run a 51% attack. How many bitcoin confirmations is enough? explains the risk of 51% attacks very insightful. If you want to test with calculator tool, Lopp developed this one https://jlopp.github.io/bitcoin-confirmation-risk-calculator/Gold is used to protect your wealth because the price is slowly increase, it's not like you save your money in banks where the inflation rate is higher than the interest you earn. Bitcoin is used to protect your wealth and in the same time, earn higher profit than gold.
Gold has a longer history than Bitcoin and it has been considered as one of safest assets in the world. It used to be a standard for World economy. Gold standard
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Dr.Osh
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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June 26, 2023, 06:59:00 AM |
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I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.
then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low. LOL, it's not that easy. I've checked the price of gold and even rose to almost 100% in more than 10 years, that means it's a very long time, which means, if you have $ 1000 in gold, then in more than 10 years, the price will be $ 2000, and I think that is quite an advantage over time. However, gold is indeed very good as an investment that is stored for a very long time, you just need to think about how to look after it. On the other hand, bitcoin offers faster profits, but with enormous risks. it's just that, many people prefer to use bitcoin then think about other investments when they are successful.
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Cryptmuster
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Glory To Ukraine! Glory to the heroes!
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June 26, 2023, 08:11:57 AM |
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Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.
Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.
If governments continue to print money, which they definitely continue to do, then gold will be the tool that will definitely save your funds from inflation, and it is not as much subject to falls as bitcoin, it is not as critically affected by all kinds of crises, that's what I like gold. Bitcoin also has a number of its advantages, and no one forbids us to get the advantage of these two assets.
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jostorres
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June 26, 2023, 01:24:15 PM |
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Gold is an old fashion way of investing, you can make use of Gold for securing your wealth but not to make more money because Gold doesn't increase much but it's a well known asset that can be exchange anytime for money. Don't put Gold over Bitcoin if you want to make profit. Bitcoin is a new asset and has lots of room for price growth but gold is getting outdated.
Bitcoin has more advantage than gold, gold has some limitations because it's a physical assets that'll needs physical storing locations which makes it centralized but Bitcoin is decentralized and digital which make it very easy to store in our devices and carry to different locations.
Who says gold is getting outdated? Gold cannot get outdated as long as there is another metal that can replace it or can be used instead of gold in creating jewelry or other stuff in which gold is used, and the price of gold does increase, maybe not as quickly as Bitcoin's because it's a volatile asset and depends on the investments since it has a limited supply so when it's demand increases, it increases in value, but I wouldn't call gold outdated or not a good investment option. If I have both gold and Bitcoin stored somewhere safe and you ask me if I will hold my gold longer or Bitcoin, I would definitely hold the gold longer than Bitcoin because I know that the price of gold won't just dip after reaching a certain point and it will keep increasing despite the small drops which aren't significant, while I know that the price of Bitcoin can fall any time as we have seen it happening.
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Sayeds56
Copper Member
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Eloncoin.org - Mars, here we come!
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June 27, 2023, 03:28:43 PM |
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Agree with you gold can be beneficial during emergency conditions whereas bitcoin will put you in difficult condition sometimes to take a decision of selling or holding. It is right that gold selling price is lower than buying price but we should wait for some months and don't put that amount which you immediately need after few days as investment is not for days.
I think if one make investment in gold then his profit will be increased double after 2 or 3 years and chances of lowering price is very low in case of gold investment.
It is true that Gold is traditionally considered a safe heaven investment during hard times, such as regional conflicts/wars and economic depression like situations. However, the returns on Gold investment during the past 10 years have not been as lucrative, when compared to alternative options like Bitcoin or stocks like Amazon, Google and Apple. Despite this, it is prudent choice to include Gold in our investment portfolio for diversification and risk mitigation.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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mendace
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June 27, 2023, 08:26:25 PM |
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It is true that Gold is traditionally considered a safe heaven investment during hard times, such as regional conflicts/wars and economic depression like situations. However, the returns on Gold investment during the past 10 years have not been as lucrative, when compared to alternative options like Bitcoin or stocks like Amazon, Google and Apple. Despite this, it is prudent choice to include Gold in our investment portfolio for diversification and risk mitigation.
Well, stocks aren't at all prudent during critical periods like the one we're going through, because they're a roller coaster and they're not a safe haven for any reason, on the contrary. A company can go bankrupt at any moment and the stock plummets or they find the CEO in his underwear running down the highway and the stock plummets...gold can't go through that unless a gold meteor the size of Kansas it hits us in full ... at that point the problems will be others.
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pawel7777
Legendary
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June 27, 2023, 09:18:28 PM |
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Well, stocks aren't at all prudent during critical periods like the one we're going through, because they're a roller coaster and they're not a safe haven for any reason, on the contrary. A company can go bankrupt at any moment and the stock plummets or they find the CEO in his underwear running down the highway and the stock plummets...gold can't go through that unless a gold meteor the size of Kansas it hits us in full ... at that point the problems will be others.
That's true, but I wouldn't be putting all kinds of stocks in one bag. Certain types of stocks can perform quite well even during uncertain periods, although yields don't tend to be too high on those. What you're describing is more true for overhyped growth stocks, where a large percent of the value is based on high hopes of future developments, rather than on actual current value and results. And publicly traded companies don't go bankrupt overnight. You will have many signals and warnings before that happens.
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Wimex
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June 27, 2023, 10:26:38 PM |
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Both are good, one with more time in the financial market than the other, but just as powerful. Gold has established itself so well that it has become a reserve in many countries, due to its reliable stability, while Bitcoin despite the fact that it has gained value in a short time, has not yet been able to position itself as an option of this type, but it is for For several reasons, it is a decentralized digital currency and not a physical one so it is difficult for them to trust, because they do not know how to handle it. When we focus on investment, we must be ingenious and know how to carry out this operation in both cases. It is essential that people educate themselves in these areas, so that mistakes are not made most of them not knowing about finance and everything related to it end up failing. But both are great options.
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taufik0911
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HEX: Longer pays better
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June 28, 2023, 06:15:56 AM |
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The debate between holding Bitcoin and holding gold as long-term assets is an intriguing one, with valid arguments on both sides. Let's delve into the topic and explore the potential benefits and considerations associated with each.
Bitcoin, as a digital currency, offers unique advantages that have captivated many. Its decentralized nature and cryptographic security provide a level of transparency and immutability that is unparalleled. Bitcoin's limited supply and the concept of digital scarcity have contributed to its value proposition as a store of wealth. Furthermore, its global accessibility allows for seamless cross-border transactions and financial inclusion.
In terms of growth potential, Bitcoin has experienced significant appreciation over the years, making it an attractive option for those seeking substantial returns. The dynamic nature of the cryptocurrency market can offer exciting opportunities for capitalizing on price volatility through strategic trading or long-term investment.
On the other hand, gold has stood the test of time as a tried-and-true store of value. Its tangible nature and widespread recognition give it a sense of stability and trust. Gold's historical role as a hedge against inflation, economic downturns, and currency devaluation cannot be ignored. It has demonstrated resilience over centuries and has served as a safe haven during times of economic uncertainty.
Additionally, gold's scarcity and industrial applications provide inherent value and make it a sought-after commodity. While gold may not experience the rapid appreciation seen in the cryptocurrency space, its price tends to be relatively stable over the long term, offering a reliable store of wealth.
When deciding between holding Bitcoin or gold, it's crucial to consider individual circumstances, risk tolerance, and investment objectives. Both assets have their merits and can play complementary roles within a diversified portfolio.
Diversification is often recommended as a risk management strategy. By holding both Bitcoin and gold, investors can potentially benefit from the growth potential of Bitcoin while maintaining stability through gold's historically established value. This approach allows for exposure to different asset classes and helps mitigate the risks associated with relying solely on one investment.
Ultimately, the decision between holding Bitcoin or gold should align with your beliefs, financial goals, and risk appetite. Careful research, understanding market dynamics, and seeking professional advice when necessary are crucial to making informed investment decisions
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MFahad
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June 29, 2023, 06:00:28 PM |
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then all you have to do is load up on gold and mortgage the house and buy more gold. after all, it's going to double in 2 or 3 years. and the chances of losing anything as you say are very small. very low.
It does not mean that if in gold you have benefit then you will sell all your comfort zone in which you live. territory should be kept constant while you can save you extra income in such a things which will give you profit. Investment is just for the reason to save money and if time comes it will gives you more profit. House is a place where one can live his personal and private life so it does not mean that for money you will sell your comfort because money is not everything.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Sakanwa
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★Bitvest.io★ Play Plinko or Invest!
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June 29, 2023, 08:31:57 PM |
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They're both very valuable assets for one to have but the difference is that bitcoin is a physical asset while while Gold is physical and they both have their disadvantages in as much as they're both important commodities.
Disadvantages Of Gold • it's goes down when their's an increase in stock. • can be volatile over a short period of time. • can easily get lost to theft. • it has storage problems. • it's price is dictated by international market.
Disadvantages Of Bitcoin • bitcoin investment is not very easy to be understood by everyday people. • there's no refund over loss in investment. • easily used by scammers to defraud people due to a high lack of understanding by most users • no stability in it's price. • not widely accepted by people at large
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