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Author Topic: Bitcoin or Gold  (Read 1510 times)
iBaba
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August 17, 2024, 08:36:42 AM
 #141

Whether you invest in either gold or bitcoin, your holdings will dictate your profits. If you plan to invest Bitcoin in the right market in the right conditions and hold it for a long time then I can definitely say that you will be more profitable than gold. On the other hand, if you do not have the courage to plan for long-term holding, then you can invest in gold without taking risk, in this case you will be completely risk free and give 100% guarantee of getting a steady profit in the future.

Bitcoin can be more profitable than gold in terms of the uptrend of the cryptocurrency market, bitcoin can be more profitable but I think that is more likely to happen with longer trades than short trades because unlike altcoins, bitcoin doesn't experience skyrocketed increase in worth and I think bitcoin is even more stable than some of those altcoins. But when it comes to investing in gold, it doesn't depreciate in value like that and is more stable and guaranteed for pretty much lower risk takers to the bitcoin investments.

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August 17, 2024, 09:49:22 AM
 #142

Heard many debates about Bitcoin and gold for investment. Many people think that gold is the best investment, while many people think that Bitcoin is the best investment. Everyone is right based on their own opinion. The price of gold does not fluctuate in the same way that the price of Bitcoin fluctuates i.e. is volatile.

 To be fair, gold or bitcoin are both potential investments and can bring profits. And profits will come from our knowledge and skills, not their decisions, so choosing gold or bitcoin is each person's choice because each person has their own strengths.

I would give Bitcoin the highest priority when it comes to investing in these two assets. Because I am as familiar with the Bitcoin market as I am not familiar with the gold market, I have been able to gain a fair amount of experience with Bitcoin investing which makes it easier for me to invest in Bitcoin. As Bitcoin has risen steadily since its creation even hit all-time highs in history, perhaps it hasn't risen so high since the creation of gold. If we invest in Bitcoin as planned and hold it for a long time, it may give us more returns than gold.

Investing in gold will be easier than investing in bitcoin if you learn about it. You find it difficult to invest in gold because you have never learned about it, just like many people say that investing in bitcoin is very complicated. Simply because they have never tried it and have experience with it, but if they take the time to try it, they will also realize that investing in bitcoin is not as difficult as they think.

Frankly, the reason we chose bitcoin is for profit. I believe that no one hates making a lot of money so in every debate about bitcoin and gold, most will choose bitcoin because its profits are more significant than what gold gives us.

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August 17, 2024, 10:24:15 AM
 #143

... and gold just hit an all time high of $2500.99 an ounce. 😋

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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August 17, 2024, 03:30:34 PM
 #144

Heard many debates about Bitcoin and gold for investment. Many people think that gold is the best investment, while many people think that Bitcoin is the best investment. Everyone is right based on their own opinion. The price of gold does not fluctuate in the same way that the price of Bitcoin fluctuates i.e. is volatile.

 To be fair, gold or bitcoin are both potential investments and can bring profits. And profits will come from our knowledge and skills, not their decisions, so choosing gold or bitcoin is each person's choice because each person has their own strengths.

It's not about fairness or anything because whether it's bitcoin or gold, both are good aspects to invest in since they can provide good returns and it's undeniable that until now bitcoin and gold have their own markets.
When we are in the gold community then surely they will consider gold better than bitcoin because of the advantages that gold provides and vice versa when we are in the bitcoin community then surely bitcoin will be the first choice with all the uniqueness and advantages that bitcoin has because consciously or not at this time bitcoin and gold have their own uniqueness so it is quite natural if both are still an option.

In this case I think the choice depends on ourselves now because seeing from its existence it is certain that they (bitcoin and gold) are a good thing so make our own choices and that does not mean when we choose one of bitcoin and gold we can consider the one that is not our choice is bad because the concept is not like that.

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August 17, 2024, 04:03:42 PM
 #145

It's not about fairness or anything because whether it's bitcoin or gold, both are good aspects to invest in since they can provide good returns and it's undeniable that until now bitcoin and gold have their own markets.
When we are in the gold community then surely they will consider gold better than bitcoin because of the advantages that gold provides and vice versa when we are in the bitcoin community then surely bitcoin will be the first choice with all the uniqueness and advantages that bitcoin has because consciously or not at this time bitcoin and gold have their own uniqueness so it is quite natural if both are still an option.

In this case I think the choice depends on ourselves now because seeing from its existence it is certain that they (bitcoin and gold) are a good thing so make our own choices and that does not mean when we choose one of bitcoin and gold we can consider the one that is not our choice is bad because the concept is not like that.

That's right, bro, both are profitable investments, so no one has a problem choosing between the two, sometimes there are those who prefer investing in gold because when they buy and collect it, they can wear it as body jewelry, and they can also lend the gold. those are relatives who need it, because most ordinary people prefer objects that they can see with the naked eye and in the form of jewelry, if bitcoin is for those who rely on digital technology, however both are equally good for us to invest, when we have a lot of savings we can We use it to invest partly in Bitcoin and partly in gold, so that our investment in Bitcoin and gold is equal, because we won't lose if we invest in both.

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August 17, 2024, 11:09:17 PM
 #146

Of all the investments we make, investors are interested in ensuring their losses are minimal by holding a portion of your portfolio in precious metals. This provides protection against losses that stocks can experience during a trend, and it is still effective today, and is used as a long-term investment.
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August 17, 2024, 11:42:41 PM
 #147


Heard many debates about Bitcoin and gold for investment. Many people think that gold is the best investment, while many people think that Bitcoin is the best investment. Everyone is right based on their own opinion. The price of gold does not fluctuate in the same way that the price of Bitcoin fluctuates i.e. is volatile.

 To be fair, gold or bitcoin are both potential investments and can bring profits. And profits will come from our knowledge and skills, not their decisions, so choosing gold or bitcoin is each person's choice because each person has their own strengths.


It seems that we judge it wisely between bitcoin or gold with their respective advantages, it all depends on people to choose the investment itself and they also think about the advantages and disadvantages they will get, which investment is better depends on your risk tolerance to assess more carefully, depending on the purpose of the investment strategy, which you apply, with the amount of capital that you can handle the loss, taking into account the amount of utility you will get, the better depending on the market and type of asset, for investment purposes and deciding on all that.

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August 18, 2024, 04:35:25 AM
 #148

... because we won't lose if we invest in both.
Any investment that can make a profit can also cause us to lose money.  While both are considered potentially profitable investments, don't be naive and think that they won't lose you money.

As fuguebtc also said, profit or loss will depend on our knowledge and strategy and not decided by the market. If you have no knowledge or come up with a bad strategy, you will suffer serious losses even if bitcoin has great growth potential. Both are financial markets and the market is like a battlefield where there will be winners and losers. If you don't have a better strategy than others, you will become liquidity for others and vice versa.

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August 18, 2024, 08:47:49 AM
 #149

And why the choice is either gold or bitcoin ?
Both assets have their advantages and disadvantages, so they both have the right to be in your “multi-currency investment basket”.
Gold is a fairly guaranteed future with low volatility and stable price growth.
Bitcoin - high volatility, strong speculative movement, a good investment for a long period of time waiting for the next pump and the subsequent scheme “sold at the top, bought back at the bottom”. And part of the profit from this can be invested in gold again

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August 18, 2024, 03:56:11 PM
 #150

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Whether you invest in either gold or bitcoin, your holdings will dictate your profits. If you plan to invest Bitcoin in the right market in the right conditions and hold it for a long time then I can definitely say that you will be more profitable than gold. On the other hand, if you do not have the courage to plan for long-term holding, then you can invest in gold without taking risk, in this case you will be completely risk free and give 100% guarantee of getting a steady profit in the future.
right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.

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August 18, 2024, 04:08:24 PM
 #151

And why the choice is either gold or bitcoin ?
Both assets have their advantages and disadvantages, so they both have the right to be in your “multi-currency investment basket”.
Gold is a fairly guaranteed future with low volatility and stable price growth.
Bitcoin - high volatility, strong speculative movement, a good investment for a long period of time waiting for the next pump and the subsequent scheme “sold at the top, bought back at the bottom”. And part of the profit from this can be invested in gold again

Hell yeah! Given you can have both, why choose one? The OG, the safe bet, the investing grandfather is gold. The wild kid, the highly risky, highly profitable is Bitcoin. Though we sometimes yearn for the rise, we really want stability. That is human nature. Gold helps you to feel calm. Bitcoin? That's your shot at the moon

Smart investors spread their eggs among several baskets. They diversify. They play the game and know how. The economy is continuously shifting. You need to be flexible. This relates to knowing the world, not only with regard to money. It's about knowing your self. It's about surfing the wave and welcome chaos

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August 19, 2024, 07:47:40 AM
 #152

Of all the investments we make, investors are interested in ensuring their losses are minimal by holding a portion of your portfolio in precious metals. This provides protection against losses that stocks can experience during a trend, and it is still effective today, and is used as a long-term investment.
Precious metals can only save value to the extent of the amount of money you put in them because precious metals do not experience a large increase in price in the same year so that it is still considered suitable only for storing the value of the asset itself and not for expecting more profits in the long term. Because if you want to get more profit with a long-term duration, of course the best choice must still be directed to Bitcoin, not others even though there is a little risk that you need to understand when every money you change into Bitcoin for future investment purposes.

right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.
What you said is quite true because gold can still guarantee its price stability in the market even though sometimes there is a slight correction in a fairly small amount. As for Bitcoin, this is an option for people who have the mentality and also have more money in achieving higher profits because they also have to be prepared to face a very high level of price correction in Bitcoin when there are bad moments that can affect the Bitcoin market itself. And for now I am also quite familiar with both (Gold and Bitcoin).
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August 19, 2024, 08:46:22 AM
 #153

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Whether you invest in either gold or bitcoin, your holdings will dictate your profits. If you plan to invest Bitcoin in the right market in the right conditions and hold it for a long time then I can definitely say that you will be more profitable than gold. On the other hand, if you do not have the courage to plan for long-term holding, then you can invest in gold without taking risk, in this case you will be completely risk free and give 100% guarantee of getting a steady profit in the future.
right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.

Not for everyone to the extent that some people can't understand that its normal for us to deal with a risk is we talk about investment. Also people always go with something could able to give them an assurance and those people doesn't know about bitcoin will just think about that this asset is risky since they only know bitcoin as volatile asset or coin used by scammer but they don't really know its use and how to deal to take advantage then gain from it.

That's why lots of people who doesn't know about bitcoin would choose gold in this option since provably they know that this precious metal is reliable and been tested since they can surely gain something especially that value is appreciating over the time. For us who know bitcoin we are lucky to have two option and we can choose both asset to invest since we will have some great things to have especially if price of those two asset rise in future and for sure we can get most of it especially if we take action and not just talk about that both is good to accumulate.

R


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August 19, 2024, 02:27:10 PM
 #154

right, investing in bitcoin is not for everyone, risk takers can invest in cryptocurrency to get high profits, if it's high volatile so profit also can be high,
who seeking without risk guaranteed profits they can choose gold investment, it's stable market. i am familiar with bitcoin investment.

Not for everyone to the extent that some people can't understand that its normal for us to deal with a risk is we talk about investment. Also people always go with something could able to give them an assurance and those people doesn't know about bitcoin will just think about that this asset is risky since they only know bitcoin as volatile asset or coin used by scammer but they don't really know its use and how to deal to take advantage then gain from it.

That's why lots of people who doesn't know about bitcoin would choose gold in this option since provably they know that this precious metal is reliable and been tested since they can surely gain something especially that value is appreciating over the time. For us who know bitcoin we are lucky to have two option and we can choose both asset to invest since we will have some great things to have especially if price of those two asset rise in future and for sure we can get most of it especially if we take action and not just talk about that both is good to accumulate.
That's right, we should be grateful because we have many options for investing, so that it provides more than one opportunity to seek profit. Many people in my neighborhood prefer to invest in gold, because they just have a good understanding in that matter, it doesn't matter as long as they try to maintain the value of their money in the long term. Actually, there are also those who invest by buying land or property, but the amount is not much, maybe because it takes a long time to release the asset. In my opinion, in terms of ease of transaction, gold and Bitcoin are better choices, but if you look further in terms of security, Bitcoin is a more appropriate choice, because it is quite easy to move. Unlike gold which also has a risk of theft, for example, we realize that every investment always contains risks in it.

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August 19, 2024, 04:07:59 PM
 #155

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Why not both? I take you as someone with the capacity to further diversify their assets so you don't have to make the choice, nor do you have to focus your money on a single venture, especially if you're looking to really diversify your shit and invest on assets beyond the cryptocurrency world. I myself do that very thing, these days I match whatever I spent on crypto with a gold buy, and vice versa. I keep that ritual up to inspire me to become more well-rounded as an investor, and at the same time ensure that even when one of these ventures go down the shitbox, I still have the other to rely upon so I don't lose entirely.

Gold's stable but is also consistent, as time goes by you can always expect gold to be increase in value, bitcoin's pretty much the same but the road to get there's a little more tumultous and rocky.

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Today at 02:22:43 AM
 #156

Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin

But currently the gold market is bearish and has been stable for a long time, and currently the Bitcoin market is bullish and is reliable.  If you want to grow your portfolio then definitely get involved in Bitcoin investment, because you will get the most profit if you invest in Bitcoin. So currently it is a deep market if you invest during this period you can be more successful and hold for a long time.  But if you invest in gold, you won't be able to get that much profit.

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