Nothingtodo
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June 29, 2024, 11:07:53 PM |
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Investing in both Bitcoin and Gold can be advised as both are equally valuable. If someone wants to invest on a large scale then he will invest more of his investment in bitcoin and less in gold. But by no means should all parts of his employment be investments in either but both. As both gold and bitcoin continue to grow in demand and popularity over time, these two investments will become more popular in the future.
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As-Soon-As
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June 30, 2024, 04:25:36 AM |
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Investing in both Bitcoin and Gold can be advised as both are equally valuable. If someone wants to invest on a large scale then he will invest more of his investment in bitcoin and less in gold. But by no means should all parts of his employment be investments in either but both. As both gold and bitcoin continue to grow in demand and popularity over time, these two investments will become more popular in the future.
Gold has been spread among people since past and the market did not have much influence, but you see Bitcoin in a very short time in the market has managed to spread the influence of Bitcoin among the people of all countries. So if I compare between gold and bitcoin in terms of investment I will definitely prefer bitcoin investment. It is possible to earn several times more benefits than gold in Bitcoin alone.
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SickDayIn
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June 30, 2024, 04:27:26 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin is finite, and Gold is finite. However, the rate at which they are introduced into the world is very different, which affects scarcity. As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain. As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain. I know my pick, go with Bitcoin.
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Blitzboy
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June 30, 2024, 06:07:15 AM Merited by JayJuanGee (1) |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin is finite, and Gold is finite. However, the rate at which they are introduced into the world is very different, which affects scarcity. As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain. As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain. I know my pick, go with Bitcoin. It is no casual choice. This concerns value's and money's future. GOLD? It had a good run. Shiny, well-liked, and with history. But the world is changing. We've got technology digging up more and more gold every year, so is it really that rare anymore? Bitcoin, thats a different story. It is safe, limited, and constructed on an immutable, transparent system. Folks, this is gold standard 2.0. So, whats it gonna be? An antique relic thats losing its luster, or the future of finance? Where Im investing my money is known. Bitcoin is a gamble on a better, more predictable financial system as much as an investment. Thats an investment in the future.
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Marvell1
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June 30, 2024, 06:53:14 AM Merited by JayJuanGee (1) |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin is finite, and Gold is finite. However, the rate at which they are introduced into the world is very different, which affects scarcity. As time goes on for Gold, technology advances and getting Gold out of the earth becomes a lot easier. It is not predictable and uncertain. As time goes on for Bitcoin, there is a decreasing amount introduced due to block rewards being halved. It is predictable and certain. I know my pick, go with Bitcoin. It is no casual choice. This concerns value's and money's future. GOLD? It had a good run. Shiny, well-liked, and with history. But the world is changing. We've got technology digging up more and more gold every year, so is it really that rare anymore? Bitcoin, thats a different story. It is safe, limited, and constructed on an immutable, transparent system. Folks, this is gold standard 2.0. So, whats it gonna be? An antique relic thats losing its luster, or the future of finance? Where Im investing my money is known. Bitcoin is a gamble on a better, more predictable financial system as much as an investment. Thats an investment in the future. If I had to choose only 1 of the 2, I would also choose bitcoin because it offers more essential use cases for me and offers much better returns than gold. Between gold and bitcoin, I think bitcoin is much better for my needs but I don't think it's a bad idea for someone to choose gold and it depends on their needs. But what evidence do you have that gold mining is getting easier and what evidence does gold no longer have to be scarce? Because just looking at gold's chart, it's not growing as fast as bitcoin but it's clearly still growing steadily every year, which shows that demand is still higher than supply. Furthermore, gold is used in many different industries, not just as a storage asset, so I don't think there will be an oversupply of gold as you said. According to some news I know, there is not even enough gold for the Chinese and Russian governments to buy, and the US is the country that holds the most gold in the world. Why don't they compete to buy bitcoin but instead compete to buy and store gold? https://www.businesstimes.com.sg/international/chinas-central-bank-adds-more-gold-its-reserves-april![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2024%2F06%2F30%2FoUwcm.png&t=665&c=jteeRwYlzPu0GA)
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eightdots
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June 30, 2024, 09:46:44 AM |
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Bitcoin is still very young. How many people truly understand what Bitcoin is? Probably even 80% of the people on this forum can't understand Bitcoin, and some have been in the space for years. Bitcoin is a complete paradigm shift, and it will take time for people to grasp what it is. As I mentioned earlier, harder forms of money always win everyone wants hard money. no one wants to lose. Eventually, everyone will own Bitcoin and will acquire it at the price they deserve.
Bitcoin is very young compared to gold. Although it has proven itself as an investment tool, it has not been able to reach many people who like to invest traditionally. As time goes by and generations interested in technology grow up, interest in Bitcoin will increase further. This is a process and there is no need to rush in this process. There are many investment instruments and people choose these investment instruments and make their investments. The advantage of Bitcoin is that it reaches more people every day.
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GbitG
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June 30, 2024, 11:25:40 PM |
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Bitcoin is very young compared to gold. Although it has proven itself as an investment tool, it has not been able to reach many people who like to invest traditionally. As time goes by and generations interested in technology grow up, interest in Bitcoin will increase further.
This is a process and there is no need to rush in this process. There are many investment instruments and people choose these investment instruments and make their investments. The advantage of Bitcoin is that it reaches more people every day.
There are two advantages of Bitcoin that I can think of which I think are the reasons why many people might prefer Bitcoin as an investment option over Gold. The first advantage is affordability, by affordability I mean that a person can start making investments in Bitcoin from as low as $10 which is extremely low and it means that any person having that much money can become a Bitcoin investor. The other advantage is that it is more volatile than Gold which means that the potential to generate profits is higher than Gold in the shorter term. Gold is one of the best investment assets in the world, there is no doubt about that, and it has been around for centuries which is the reason why many people trust it more than Bitcoin because it has a physical existence unlike Bitcoin which is only available digitally.
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Out of mind
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July 01, 2024, 05:17:56 AM |
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Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. --
OP, if you invest in either of these two things, gold and bitcoin, you will definitely benefit from holding it. But I think in today's era if you keep up with modernity you can definitely invest in Bitcoin. Also, if you invest in gold it is also better to hold it you will definitely gain in the past people always invested in gold when there was no bitcoin. I think it never hurts to invest between these two things, gold and bitcoin, so you can invest whichever you like. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) OP, it sounds really funny that you're imagining investments from 20 years ago here, lol. We know that Bitcoin came into the market in 2009 and since then people have invested in it. 20 years ago there was no sign of Bitcoin You may be very ignorant about this, but we can assume that in the future we will celebrate 20 years of Bitcoin.
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kuriboh
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July 01, 2024, 07:07:39 AM Merited by JayJuanGee (1) |
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Bitcoin is still very young. How many people truly understand what Bitcoin is?
Bitcoin is still very young because it is now in a perfect position compared to gold. Whether you know it or not, this Bitcoin investment is increasing day by day. Primarily, the youth are investing more here. The mindset of the youth has become such that they will continue to invest even if they have something. With day-by-day interest in technology, youngsters are getting more and more addicted to Bitcoin and will be more in future. Probably even 80% of the people on this forum can't understand Bitcoin, and some have been in the space for years. Bitcoin is a complete paradigm shift, and it will take time for people to grasp what it is.
On the other hand, you said that 80% of people in this forum don't understand anything about Bitcoin. I couldn't agree with this because people who come to this forum are new, but after coming here, they get a good idea about Bitcoin. If they need help understanding, they ask questions in the Bitcoin discussion from here. Others explain them by giving good answers, and here you say 80% of people in the forum need help understanding Bitcoin. Most people in this forum know about Bitcoin. As I mentioned earlier, harder forms of money always win everyone wants hard money. no one wants to lose. Eventually, everyone will own Bitcoin and will acquire it at the price they deserve.
Yes, but it is true that it will take a lot of time to learn about Bitcoin. It is not possible to learn about Bitcoin in such a short time. It needs a lot of analysis and research. Still, I don't know if he will know fully, but he will understand if he can do it with time.
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tottong
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July 01, 2024, 08:39:48 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) You have to know your investment vision and if your desire is for stability or not having a lot of risk then choosing gold is a good choice. But if you want to get maximum profits in a certain time then bitcoin is a much more appropriate choice. Talking about risk, it cannot be separated from your ability to invest and what you need to know is that investing in Bitcoin can also minimize the risk as long as you hold and do not release Bitcoin when it falls below the purchase price. The market capitalization for bitcoin is also getting bigger or increasing and it is possible that this will make bitcoin an investment that resembles gold. However, in terms of maintaining the value of gold it is still very stable and when it comes to profits, it can still be said to be superior Bitcoin.
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Pi-network314159
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July 01, 2024, 08:51:04 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) I think you should invest in bitcoin than gold. One can justify it throughYour statement. Bitcoin is a more volatile assets than Gold so as such bitcoin should be taken more seriously than gold because it's volatility is very high. that means withing the interval of 4-10-20 years, you may have made yourself a lot of profit, even if the percentage of the profit is not assured but it is certain that It will yeald a better result than investing on gold. Investing in bitcoin is a nice idea which i will advice anybody to invest.
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boyptc
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July 01, 2024, 08:52:47 AM |
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The market capitalization for bitcoin is also getting bigger or increasing and it is possible that this will make bitcoin an investment that resembles gold. It's been called near to gold but they're still different from each other. However, in terms of maintaining the value of gold it is still very stable and when it comes to profits, it can still be said to be superior Bitcoin.
That's because of Bitcoin's volatility, if it's not with bitcoin's volatility then there's not that much risk to take that shall make it more profitable than gold. Those early investors of gold can also be in the same situation as us when we've bought bitcoin years ago.
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Iranus
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July 01, 2024, 01:56:45 PM |
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Bitcoin is very young compared to gold. Although it has proven itself as an investment tool, it has not been able to reach many people who like to invest traditionally. As time goes by and generations interested in technology grow up, interest in Bitcoin will increase further.
This is a process and there is no need to rush in this process. There are many investment instruments and people choose these investment instruments and make their investments. The advantage of Bitcoin is that it reaches more people every day.
There are two advantages of Bitcoin that I can think of which I think are the reasons why many people might prefer Bitcoin as an investment option over Gold. The first advantage is affordability, by affordability I mean that a person can start making investments in Bitcoin from as low as $10 which is extremely low and it means that any person having that much money can become a Bitcoin investor. The other advantage is that it is more volatile than Gold which means that the potential to generate profits is higher than Gold in the shorter term. Gold is one of the best investment assets in the world, there is no doubt about that, and it has been around for centuries which is the reason why many people trust it more than Bitcoin because it has a physical existence unlike Bitcoin which is only available digitally. I agree with you about the first advantage you point out and that would make bitcoin more accessible to people than any other investment. But I think bitcoin's volatility can also be an advantage and it can also be a disadvantage, and it depends on each person's preferences. Because there are many people who do not invest in bitcoin because they are scared and feel insecure about bitcoin's volatility, not everyone enjoys the roller coaster ride like we do. There have been many comparisons between gold and bitcoin to find out which investment asset is the best but in my opinion, both are good and have different pros and cons. Which asset is better depends on each person's preferences and we cannot impose our thoughts on others.
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mirakal
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July 01, 2024, 05:58:40 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Invest in bitcoin first because it yield profits faster and bigger than what is gold is capable. When you earned massive amount of profits, slowly diversify your investment and invest into gold as well. In due time, both will give you decent amount of profits. Just buy and hold, because the longer you hold them, the bigger the potential profits you will reap in the end. In the end, you will not only own bitcoin and gold, but even some other potential assets as well.
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Silberman
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July 01, 2024, 09:12:11 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) If the amount of money you have planned for this investment is on the high side, I do not see why you could not invest in both, since gold and bitcoin are without a doubt two of the best investments any person could make, so instead of trying to figure out in which of those two assets to invest, investing in both is a sensible choice, however if you are already faltering over such an easy decision, I wonder if you are ready to become an investor and if it is better for you to wait until you are.
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Fiasem20
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July 01, 2024, 10:08:11 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Both investments are safe haven asset,but there's a big difference between gold and Bitcoin.Gold and Bitcoin are hedge against economic downturn,you mustn't prefer Bitcoin go for an investment you'll be able to bear the risk.Most investors prefer assets that are more stable while most investors prefer an asset that has both bearish and bullish season.When we talk about Bitcoin, it's the new gold that it's in a digitalized form and decentralized nature.Bitcoin price history from the day it was invented till date gives a clear picture that Bitcoin it's worth more than any stable asset.I prefer Bitcoin to gold.
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josgandosbro
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July 02, 2024, 09:57:51 AM Merited by JayJuanGee (1) |
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I sujecton Bitcoin is the best investment for the future. Bitcoin is an easy way to use anywhere and at any time. If you invest in gold it is not easy to use. So invest in Bitcoin but before investing check the bitcoin price. If the price goes down then invest the bitcoin. Gold is not an easy change. But Bitcoin is easy to change at any time. So plan to invest bitcoin.
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Princess Leah
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July 02, 2024, 11:27:32 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) Wait did you say 20 years ago? I wonder who created the Bitcoin you expect people to had bought 20 years ago cause the Bitcoin I know that was created by Satoshi Nakamoto was in 2009 which is not even up to 20 years, maybe you're just trying to be sacarstic or you didn't make a research before making such statement. Well, both gold and Bitcoin are very good assets for investment and i don't think you'll regret investing in any especially if you're thinking of long term investment, just that Gold doesn't depreciate but appreciates over time and it might take long time before you think of making much profits from it, but it's still a good investment option. However the price of Bitcoin is volatile thereby making it to dip and rise again at anypoint in time, Bitcoin has a good potential to get past double it's current value and that's why it's seen as one of the best asset to invest for the future, well I'll advise that you do proper findings before investing in any cause it's clear you have no knowledge about Bitcoin especially.
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Alone055
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July 02, 2024, 04:26:43 PM |
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I sujecton Bitcoin is the best investment for the future. Bitcoin is an easy way to use anywhere and at any time. If you invest in gold it is not easy to use. So invest in Bitcoin but before investing check the bitcoin price. If the price goes down then invest the bitcoin. Gold is not an easy change. But Bitcoin is easy to change at any time. So plan to invest bitcoin.
It shouldn't be a subject of use cases if we are talking about investments because when you invest in an asset, you don't do that so that you can use the assets you are buying, so we shouldn't see how useful Bitcoin or gold can be in the future but we should see which of these can be a more successful investment if we invest our money in them. If we are to differentiate between the two, there can be some very visible differences between the two. Gold is the standard traditional investment asset which is considered and believed to be a secure investment asset that also accrues good profits in the long term, so it provides both security for the investment and profits. On the other hand, Bitcoin is a more volatile asset which makes it a bit riskier than gold because when the price of an asset is highly unstable, it tends to lose value as well. So for investment security, Bitcoin shouldn't be the first choice, but when it comes to profits, since it's more volatile, it can be the first choice of investors.
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sarmrakib
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July 02, 2024, 04:49:09 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) You have made an easy answer to your post that imagine if you bought btc before 20 year you would be a rich people to the financial world. However it's true that gold is a stable way to get a good profit but bitcoin is something what can give you a good return within a short time of period than gold. On the hand it has few risk cause the crypto market is always has some uncertainty cause market is high volatile. You can earn many and also you can loose many. So its a always tough to decide to go with gold or btc.
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