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Author Topic: Bitcoin or Gold  (Read 1000 times)
AmoreJaz
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June 25, 2024, 11:54:32 PM
 #21

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
Your asking the right question in the wrong place my friend. I don’t see how you would be in a Bitcoinforum and be expecting that anyone advice you against taking Bitcoin investment for a Gold alternative. It’s what you wouldn’t get so, you might as well take that to social media to get diverse ideas from various persons whom might not be Bitcoin enthusiasts like the rest of us on here.
Personally, I’ve not had the thought of taking gold for an investment since i discovered Bitcoin and the potentials it’s got. Gold has got time on it but, the technology behind Bitcoin speaks of a futuristic currency, more than I can say for gold. Let’s not forget it’s history and how it’s been able to surpass all odds to make a point.

As it is a fact that a lot of users here will surely advise to get a hold of bitcoin, better weigh your options here. It depends on your financial capability as both assets have pros and cons. Now, if you are serious in considering which one would suit you best, better laid out your options here. If you have more than enough, it is best to explore your opportunities in both assets. Do remember about the popular saying on investments - "Don't put all your eggs in one basket."

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June 26, 2024, 12:05:24 AM
 #22

...should I invest in Gold or Bitcoin...

I'm personally very happy with my investment in both.

Your situation is, of course, unique to you. 

Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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June 26, 2024, 01:00:28 AM
 #23

As it is a fact that a lot of users here will surely advise to get a hold of bitcoin, better weigh your options here. It depends on your financial capability as both assets have pros and cons. Now, if you are serious in considering which one would suit you best, better laid out your options here. If you have more than enough, it is best to explore your opportunities in both assets. Do remember about the popular saying on investments - "Don't put all your eggs in one basket."
Both gold and Bitcoin can help investors to get good ROIs in long term but Bitcoin since 2009 has better ROI than gold.

It's hard to say what is better because better has to be decided from perspectives of the old and the young investors. They have different views about the society, economy and has different available time budget ahead for their investment and financial freedom.

With the elderly, they have to reduce risk and find things that has smallest risk because with them, they have no longer more time to live, to correct mistakes in investment.

Why Bitcoin, why not?

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June 26, 2024, 05:25:19 AM
 #24

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
Your asking the right question in the wrong place my friend. I don’t see how you would be in a Bitcoinforum and be expecting that anyone advice you against taking Bitcoin investment for a Gold alternative. It’s what you wouldn’t get so, you might as well take that to social media to get diverse ideas from various persons whom might not be Bitcoin enthusiasts like the rest of us on here.
Personally, I’ve not had the thought of taking gold for an investment since i discovered Bitcoin and the potentials it’s got. Gold has got time on it but, the technology behind Bitcoin speaks of a futuristic currency, more than I can say for gold. Let’s not forget it’s history and how it’s been able to surpass all odds to make a point.

As it is a fact that a lot of users here will surely advise to get a hold of bitcoin, better weigh your options here. It depends on your financial capability as both assets have pros and cons. Now, if you are serious in considering which one would suit you best, better laid out your options here. If you have more than enough, it is best to explore your opportunities in both assets. Do remember about the popular saying on investments - "Don't put all your eggs in one basket."

It would be a lame and unfair comparison to ask questions between bitcoin and gold on a purely bitcoin forum. Indeed, choosing to invest in gold or bitcoin will depend on each person's financial ability. Most people here will choose bitcoin because almost no one is rich and everyone wants to get rich with little capital so it's no surprise that we will choose bitcoin instead of gold.
Personally I am also focusing more on bitcoin and I don't own too much gold at this stage but if my financial situation gets better in the future. Diversifying into gold is something I would definitely do because putting all my eggs in one basket is too risky even if it is bitcoin or gold.

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June 26, 2024, 05:34:32 AM
 #25

As it is a fact that a lot of users here will surely advise to get a hold of bitcoin, better weigh your options here. It depends on your financial capability as both assets have pros and cons. Now, if you are serious in considering which one would suit you best, better laid out your options here. If you have more than enough, it is best to explore your opportunities in both assets. Do remember about the popular saying on investments - "Don't put all your eggs in one basket."
When deciding to invest, of course we have to be able to consider our financial capabilities because if we can only afford to invest in one field, of course it would be better for us to only invest in one field so that we can carry out the investment we are carrying out well because if we force ourselves to carry out two types of investments and we are not able to carry them out well, of course this will cause us to suffer losses on the investments we make. Of course this is not someone's goal in running an investment.

You are right, it would be better for us to consider the type of investment we are carrying out because when we have a good understanding of the type of investment we are going to carry out, of course we will be able to get profitable results from that investment and this is the goal of everyone who invests. This saying is very true, but to be able to run several types of investment well, it would be better, we must first understand these two types of investment well so that we can run them well and generate profits.

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June 26, 2024, 06:17:16 AM
 #26

People are still talking whether which one is the best one to invest into? I feel like this old age question should've been answered a long time ago already, I feel like there's no other answer to this besides bitcoin, most of the time, the people that try and justify gold in this question is the fact that they're speaking about the caveats that don't really matter in the long run if you compare the growth of bitcoin in 10 years to the growth of gold in 10 years, it's not even that close.
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June 26, 2024, 07:18:48 AM
 #27

Bitcoin and gold serve two different functions in my opinion. I think it is always a good idea to be diversified so if possible you should own both Bitcoin and gold. If investing in gold I would stay away from paying fees for digital gold and instead make sure you can access it in a time of need. Also make sure to properly backup your BTC.

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June 26, 2024, 07:20:05 AM
 #28

I will prefer to invest in bitcoin first and after I have accumulated enough Bitcoin, I will diversify into gold. Both of them are worth investing in for the future. However, it depend on how much you are willing to invest in them. Bitcoin with little amount can be invested in and if you hodli for long, you will have good profit.

Gold has been there for ages and has been confirmed as safe haven which is good to invest in. Gold is something that you cannot hide from anyone and people will know how much your gold investment worth keeping it in their custody. Bitcoin does not shout but it will be in your wallet and if you don't tell them you own $1m worth of bi2nobody will know. Bitcoin gives privacy so I like it.

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June 26, 2024, 07:38:26 AM
 #29

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

bitcoin every day of the week
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June 26, 2024, 07:47:29 AM
Last edit: June 26, 2024, 08:02:39 AM by MeGold666
 #30

bitcoin development is crazyy

....What development ? Cheesy

Asking this question here is stupid, you can as well ask the same question on Gold forum.... and get 100% opposite answers.

Remember that most of the people here are not smart investors, they bought Bitcoin because they have seen "number goes up" and "there will only be 21m" meme.


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June 26, 2024, 07:52:09 AM
 #31

I can't tell you what to do. But I already chose Bitcoin, I've been investing in it for a few years and I will keep doing that. And I don't have any Gold.

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June 26, 2024, 07:59:29 AM
 #32

Both are good forms of investment, your choice of investment should be based on your individual preference and most importantly your risk tolerance level. As for me, I would prefer to invest in something I can have total control over and still sell at ease if I want to. Bitcoin gives me what I want and not gold. OP, you should know what you want and go for it.
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June 26, 2024, 08:25:25 AM
 #33

If I remember correctly, there are dozens of similar topics on the forum and if you look hard enough , you will see that most will choose and give advice to choose bitcoin because we are in the bitcoin forum and we are all bitcoin investors .
Gold is a safe and very good asset but when it comes to investments, most people only think about profits and with bitcoin being a more profitable investment there is no reason for people to choose gold without choosing bitcoin . So , I will also choose bitcoin , but if you have a lot of money and want to minimize risk , diversification is necessary and you should not put all your eggs in one basket .

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mehmetosman89
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June 26, 2024, 08:39:34 AM
 #34

...should I invest in Gold or Bitcoin...

I'm personally very happy with my investment in both.

Your situation is, of course, unique to you. 
Both are very good and also have value in the eyes of many people at the moment, because Bitcoin and Gold are already seen as important assets in many people's lives and have the potential to increase in value over time and changes in the value of both will clearly benefit the owners of both so that it will it is quite right to choose both without hesitation. I also enjoy having Gold and also always enjoy buying Bitcoin when I have money because both are reliable for investment and also for seeking profits through investment.
michellee
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June 26, 2024, 10:17:12 AM
 #35

Bitcoin and gold are different and can not be compared. But Bitcoin and gold can be your best investment. Gold has been known from a long time ago and many people choose Gold. But Bitcoin can be their next investment.

Bitcoin and gold have each benefits and offers the big profit for its user. You can invest in Gold and Bitcoin at the same time which can brings you more profit. The development Bitcoin is crazy and will becomes more popular in the future.

People who already invested in Bitcoin from a long time ago takes the benefits and they already gets the profits. But people who wants to start to invest in Bitcoin can do now. The best thing from Bitcoin investment is people can use small money and buy Bitcoin using DCA. That helps them to accumulate more and more satoshi.
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June 26, 2024, 10:46:26 AM
 #36

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

Judging by your first answer on this forum, you have the finances to open a supermarket in Spain (just what I see), which means your investment involves a significant amount.
Why not then diversify your investments into both assets that concern you today?

The same money i could invest into active business, like a supermarket in a sunny country like spain and the rendite will be maybe much higher, its a headache topic. What do you think, and what do you think about investing in Gold instead of Bitcoin?


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BABY SHOES
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June 26, 2024, 11:41:55 AM
 #37

Make it to diversify towards gold and bitcoin investments it will be much better than you do one asset - you are in gold then the profit will be long you will have a stable value, your investment is in bitcoin then the profit will be faster unlike gold but are you still worried about bitcoin?

You can choose both or neither ... But I make sure I myself choose bitcoin over gold, I see in some other threads the ROI comparison of gold and Bitcoin is very far so bitcoin is better in my version.

But some parents who don't know bitcoin they will tend to choose gold or make deposits in the bank, this is not a good step when involving banks.

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June 26, 2024, 12:03:02 PM
 #38

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
Investing in gold is also much better than the way gold prices are going up now if bitcoins can be invested right holding bitcoins is much better both ways. But if you buy gold, you will not be financially harmed, but if you consider that you will not profit very quickly, if you buy bitcoin and invest for a long time, you can definitely get a high profit from that bitcoin. I personally would be more interested in investing in bitcoin than buying gold because if we can do bitcoin at the right time I can definitely change my fortune by investing in bitcoin but not overnight. There are many bitcoin investors who have changed their fortunes through bitcoins but we need to be patient and have a long term plan in bitcoin investment if we can invest with patience and check the market with long term plan then surely we can achieve a lot of success with bitcoin investment.
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June 26, 2024, 12:50:43 PM
 #39

Always bitcoin. Bitcoin is best one the investment in future. So if need need more profit. Bitcoin is best option for investment. It any time changing the price.
But it help to for future growth and any time to use this coins. God is good investment but not help for any time.

Well, it's actually not the worst idea to invest in both, especially if you're in doubt. You need to try it on yourself.
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June 26, 2024, 01:58:33 PM
 #40

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
I suggest doing your own research, which you might already have but you are just experiencing that fear of taking the first step. This is natural so don't hesitate if it's your first BTC investment do it. If you fear losing it all then do diversification. In which you invest some amount in one asset and some amount in another. This way if one goes wrong expectations then the other will give you back up. Overall both are good investments. I consider BTC the digital type of Gold. Because just like physical gold this BTC is also not backed by any other type of asset or currency.

But definitely there are some big differences between these two but If I would be at your place, I would consider to buy BTC according to my condition as buying Gold is a bit hard due to taxes, enibiroment where I am living, expenses of transporting them etc. etc. While buying BTC is way easier that my parents (living in the same house) won't even come to know that if I have bought BTC.
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