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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
mrflibblehat
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February 06, 2016, 07:32:32 PM
 #1601

Why not both? Gold has been around for a while and has proved to be relatively stable. Bitcoin is slowly gaining up, but is too young to know for sure what its future will be. Diversity is never a bad idea.

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February 06, 2016, 09:29:44 PM
 #1602

Why not both? Gold has been around for a while and has proved to be relatively stable. Bitcoin is slowly gaining up, but is too young to know for sure what its future will be. Diversity is never a bad idea.

Yes diversifying the investments is the key to success here, as bitcoin is still new born baby and gold is since ages, and older generation would definitely invest their money into gold, as they are not aware about the new technology.
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February 07, 2016, 02:08:56 PM
 #1603

Why not both? Gold has been around for a while and has proved to be relatively stable. Bitcoin is slowly gaining up, but is too young to know for sure what its future will be. Diversity is never a bad idea.

Yes diversifying the investments is the key to success here, as bitcoin is still new born baby and gold is since ages, and older generation would definitely invest their money into gold, as they are not aware about the new technology.

Diversification is good when it comes to investing in bitcoins and gold, but if you want to invest for long run then gold is the best option, and if you want to invest for short term to make quick money then bitcoin can be helpful.
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February 07, 2016, 10:24:08 PM
 #1604

Gold
Gold
n only Gold as I am using it since I was a child, I also have faith in bitcoin, but I would prefer gold over bitcoin as I am not sure what would be the future of bitcoin, whether bitcoin will survive or not.

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February 07, 2016, 11:45:29 PM
 #1605

I would pick up bitcoin, maybe to risky but more innovative. If i have to choose i would go 75% bitcoin 25% gold
you have right choice bitcoin have a future that is better than gold

Right i am also with you bitcoin is batter than gold. gold is only for showoff and if we need money in quick time then gold can't give but by bitcoin we can withdraw in quick and anytime, anywhere.
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February 08, 2016, 12:17:33 AM
 #1606

Actually I think I woud like to pick both, gold always be gold, bitcoin is good way to invest and have many options.
I would agree if you choose not to invest in gold. because gold has no potential anymore prices could rise. gold is no more just for jewelry,
and I agreed that if you choose bitcoin to invest
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February 08, 2016, 01:18:58 AM
 #1607

If stock markets collapse I would suggest everybody to have a good amount in Gold since that's the time when it shines.


There are also reasons to have money in Bitcoin but it's much much more risky. And you don't want to put all your money at high risk.
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February 08, 2016, 02:24:51 AM
 #1608

If stock markets collapse I would suggest everybody to have a good amount in Gold since that's the time when it shines.


There are also reasons to have money in Bitcoin but it's much much more risky. And you don't want to put all your money at high risk.
are you want to put all your money at gold? stock markets ? it's higher risk then bitcoin
you can't withdraw your gold, in bitcoin you can withdraw your bitcoin to your own adddress Roll Eyes

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February 08, 2016, 05:33:04 AM
 #1609

I would have to pick both gold is good if need for physical/offline use but bitcoin/crypto I see is the future of Currency.
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February 08, 2016, 09:06:01 AM
 #1610

I would prefer to go for gold. Because I find gold much nicer and it's also nice to have in your home. It is also clear something you can hold.
And I think that namely the best thing about it.

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February 08, 2016, 09:28:59 AM
 #1611

In every case Gold.
After many speculative trades i will always come back to gold if i have chance!
Gold is more mature, bitcoin is still very young..
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February 08, 2016, 09:39:27 AM
 #1612

I chose bitcoin which I think is more simple Shocked

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February 10, 2016, 12:07:34 AM
 #1613

In every case Gold.
After many speculative trades i will always come back to gold if i have chance!
Gold is more mature, bitcoin is still very young..

Exactly, gold has better and high prospects in future as compared to bitcoin, no doubt earning profit from gold would a slow process, but the profits are guaranteed in long run, comparatively bitcoin doesn't guarantee profits in long run as the future of bitcoin is unpredictable.
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February 10, 2016, 12:20:33 AM
 #1614

it depends on what you expect from your investment.

steady but small increas without the fear of losing a lot of your money -> Go with Gold

volatile with both the risk of losing everything or getting x return -> Bitcoin.
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February 10, 2016, 12:20:45 AM
 #1615

I chose bitcoin which I think is more simple Shocked

Btc is more simple compared to gold? I have never heard that one before, it must have just been me having to study what Btc was for weeks when i first started. Gold was an easy process of handing over paper and receiving my coins, bracelet and missus ring. The gambler in me would choose Btc because of the ease in which i could hide my savings. Try save thousands in gold and maybe travel if needed. It is hard to be your own bank holding gold but Btc on the other hand? Easy easy once you know what you are doing.


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February 10, 2016, 12:34:30 AM
 #1616

it depends on what you expect from your investment.

steady but small increas without the fear of losing a lot of your money -> Go with Gold

volatile with both the risk of losing everything or getting x return -> Bitcoin.

That's true, if you want to earn higher profits with higher risks, then bitcoin is the key, but if you want to play safe with your investments then gold is the best option available, both are good in their own ways.
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February 10, 2016, 01:01:26 AM
 #1617

I would love to invest my money in both, as both have their own advantages and disadvantages, so we cannot be sure which can be more profitable in future, so it is better to invest part of money in both the products.
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February 10, 2016, 02:21:15 PM
 #1618

There is financial crisis at the moment. The gold price has risen a lot over the last 3 months. It is still regarded as safe heaven.

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February 10, 2016, 02:24:14 PM
 #1619

I must honestly say that I prefer gold.

Gold need to keep your namely online and I think it also safer.

Gold can include storage at a bank or at home.
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February 10, 2016, 02:47:15 PM
 #1620

I would go for the bitcoin is has a better future.
I also think that the bitcoin is the currency of the future.

I think in a few years everything will be digital(money).
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