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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298997 times)
richardsNY
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September 14, 2016, 10:38:23 PM
 #3041

i think going full investment at both of them or 1 of them is not a best choice, we must see other way to invest our money too, buying a house, apartement, building small bussiness etc. so many way to invest our money, so don't focus at bitcoin and gold, we must explore our mindset.

It all depends on where you live and what kind of investment is interesting enough to throw your money at. If I look at real estate here, then it's too expensive, and too few buyers with the money to actually buy it. In most cases it takes quite a long time to get rid of real estate, especially in the current economy. It's very weird, but even though the interest rates are in the very lows, people are saving money more than ever. But they don't plan to spend it on anything. Bitcoin is a great and exciting short and long term investment compared to other old fashion and boring investment options.
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September 14, 2016, 11:02:12 PM
 #3042

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Gold is much slower for making profit so it cannot compete the price speed of bitcoin and it is unable to compensate the lose with bitcoin, but we expect a higher price rise from bitcoin and I know that it is the only asset for me to become rich with so I pick bitcoin.
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September 14, 2016, 11:42:51 PM
 #3043

iam choose bitcoin, because very fast take profit

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yayayo
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September 15, 2016, 12:17:59 AM
 #3044

i think going full investment at both of them or 1 of them is not a best choice, we must see other way to invest our money too, buying a house, apartement, building small bussiness etc. so many way to invest our money, so don't focus at bitcoin and gold, we must explore our mindset.

It all depends on where you live and what kind of investment is interesting enough to throw your money at. If I look at real estate here, then it's too expensive, and too few buyers with the money to actually buy it. In most cases it takes quite a long time to get rid of real estate, especially in the current economy. It's very weird, but even though the interest rates are in the very lows, people are saving money more than ever. But they don't plan to spend it on anything. Bitcoin is a great and exciting short and long term investment compared to other old fashion and boring investment options.

I agree that real estate has significant drawbacks as an investment. It's rather difficult to liquidate and you have to allocate significant amounts of money for a single object. Besides that you need to have the money (which I haven't) this greatly increases the risk, because what if the apartment / house you've bought turns out to have hidden structural damages? For the officialdom it's also really easy to put taxes and fees on real estate, because the owner can't easily run away with the property. Apart from that I think the prices are not reasonable in most locations these days. So real estate makes only sense, if you want to live in your own property and experience some emotional benefit from that.

Neither precious metals nor Bitcoin have these drawbacks. You can liquidate these very easily and you can also invest small sums. Taxation of these assets is also less likely, because it's much harder to implement. Also, in my opinion, the prices for precious metals and Bitcoin are still highly attractive...

ya.ya.yo!

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September 15, 2016, 01:36:06 AM
 #3045

I think bitcoin is the best alternative, not only as an investment, but as something useful to be used daily, because it allows to send and receive money quickly and without complications.
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September 15, 2016, 02:10:28 AM
 #3046

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Well you are right with it and for me it is really an advantage for all investors if you are going to get engage with both of it.

Many are saying gold is better than bitcoin and others do say bitcoin is better. Well we have their own opinion regarding to this kind of topics.

But for me, instead of choosing only one from them. Get an advantage and do both of it, invest in gold and bitcoin.

Vires in Numeris
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September 15, 2016, 04:32:45 AM
 #3047

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Well you are right with it and for me it is really an advantage for all investors if you are going to get engage with both of it.

Many are saying gold is better than bitcoin and others do say bitcoin is better. Well we have their own opinion regarding to this kind of topics.

But for me, instead of choosing only one from them. Get an advantage and do both of it, invest in gold and bitcoin.

Getting both investments would  be possible but  it really depends on your budget or money since it would require big money. Thats why people  would only have  to choose one  instead of  getting both . For me   i would  really choose   bitcoin since we could get on small amounts compare to gold.

goldcoinminer
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September 15, 2016, 05:29:24 AM
 #3048

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Well you are right with it and for me it is really an advantage for all investors if you are going to get engage with both of it.

Many are saying gold is better than bitcoin and others do say bitcoin is better. Well we have their own opinion regarding to this kind of topics.

But for me, instead of choosing only one from them. Get an advantage and do both of it, invest in gold and bitcoin.

Getting both investments would  be possible but  it really depends on your budget or money since it would require big money. Thats why people  would only have  to choose one  instead of  getting both . For me   i would  really choose   bitcoin since we could get on small amounts compare to gold.
Exactly, if you have a lot of money to invest then better invest on both because investment is a great way to make money and I can say that both investment are profitable, depends only the time as bitcoin is good for short term and long term investment but gold is only for long term investment.
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September 15, 2016, 05:42:19 AM
 #3049

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Well you are right with it and for me it is really an advantage for all investors if you are going to get engage with both of it.

Many are saying gold is better than bitcoin and others do say bitcoin is better. Well we have their own opinion regarding to this kind of topics.

But for me, instead of choosing only one from them. Get an advantage and do both of it, invest in gold and bitcoin.

Getting both investments would  be possible but  it really depends on your budget or money since it would require big money. Thats why people  would only have  to choose one  instead of  getting both . For me   i would  really choose   bitcoin since we could get on small amounts compare to gold.
Exactly, if you have a lot of money to invest then better invest on both because investment is a great way to make money and I can say that both investment are profitable, depends only the time as bitcoin is good for short term and long term investment but gold is only for long term investment.
Bitcoin is too risky as an investment but it provides us a great promise on the earnings, therefore if we want to have a comfortable future, we need to learn how to take the risk and do the right calculation in order to succeed. Bitcoin is always a good investment for the risk takers.

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September 15, 2016, 08:07:04 AM
 #3050

I think you could make a better decision considering diversification, because both have potential, but also problems. And one can compensate for the failure of the other.

Well you are right with it and for me it is really an advantage for all investors if you are going to get engage with both of it.

Many are saying gold is better than bitcoin and others do say bitcoin is better. Well we have their own opinion regarding to this kind of topics.

But for me, instead of choosing only one from them. Get an advantage and do both of it, invest in gold and bitcoin.

Getting both investments would  be possible but  it really depends on your budget or money since it would require big money. Thats why people  would only have  to choose one  instead of  getting both . For me   i would  really choose   bitcoin since we could get on small amounts compare to gold.
Exactly, if you have a lot of money to invest then better invest on both because investment is a great way to make money and I can say that both investment are profitable, depends only the time as bitcoin is good for short term and long term investment but gold is only for long term investment.
Bitcoin is too risky as an investment but it provides us a great promise on the earnings, therefore if we want to have a comfortable future, we need to learn how to take the risk and do the right calculation in order to succeed. Bitcoin is always a good investment for the risk takers.

For me gold is going to be a good investment because the longer you are going to hold gold it is going to increase its price. But I guess the same thing with bitcoin the more and longer you are going to hold and you are going to benefit with once the price is going to reach to higher once. Although for me they are good investments.

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September 15, 2016, 08:58:24 AM
 #3051

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
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September 15, 2016, 09:17:44 AM
 #3052

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

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greBit
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September 15, 2016, 09:23:31 AM
 #3053

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

With bitcoin you can earn good profits even with a small capital if price goes higher in future and you can expect some quick profits in it which in never possible with gold.
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September 15, 2016, 09:43:12 AM
 #3054

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

With bitcoin you can earn good profits even with a small capital if price goes higher in future and you can expect some quick profits in it which in never possible with gold.

Such a good point you tell us, If we have a limited assets than you could do investment in bitcoin but with my small assets we couldn't invest in gold, so better is that we should go to bitcoin, because bitcoin has a lot of opportunities for us, and use it and gain profit.   
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September 15, 2016, 09:47:04 AM
 #3055

You can't pass the airport police with gold bars in your bag but you can carry your wealth anywhere with a usb stick or a paper in your wallet.

If i were to stay in the same place for long years, then gold is better. If you plan to leave where you live one day, than start investing in bitcoin.

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September 15, 2016, 11:14:13 AM
 #3056

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

bitcoin at all times offers a better return than any other investment, but in this case gold as that is the subject here. if the profits don't come from holding it for a certain period, and to sell it later on, then bitcoin is an attractive tool for trading purposes where you can benefit from regular ups and downs in the price. bitcoin as investment is more risky than gold, but the eventual rewards are much greater.
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September 15, 2016, 11:45:13 AM
 #3057

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

With bitcoin you can earn good profits even with a small capital if price goes higher in future and you can expect some quick profits in it which in never possible with gold.
golds price will eventually rising like bitcoin even gold having more stable price and always rising even a little,so when you are expecting some profits both can give you by its own way because both price could rising

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September 15, 2016, 01:23:44 PM
 #3058

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

With bitcoin you can earn good profits even with a small capital if price goes higher in future and you can expect some quick profits in it which in never possible with gold.
golds price will eventually rising like bitcoin even gold having more stable price and always rising even a little,so when you are expecting some profits both can give you by its own way because both price could rising
the current gold price is already at a fairly high level is very difficult to expect that prices may rise higher than the current price but on bitcoin you can expect if the price can back to touched $ 1,000

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September 15, 2016, 01:35:29 PM
 #3059

Well if it would be a choice of high value like lets say 50k usd then I'd pick gold over bitcoin anytime and for any value under 10k I'd pick bitcoin without thinking. For values inbetween I'd have to see what I would do. Gold is way more stable so more attractive to keep money safe
That is the right decision, and I agree with your because you have a better chance to make a profit investing in gold if you have a decent capital while if you just have a small capital then bitcoin is the answer on that.

With bitcoin you can earn good profits even with a small capital if price goes higher in future and you can expect some quick profits in it which in never possible with gold.
golds price will eventually rising like bitcoin even gold having more stable price and always rising even a little,so when you are expecting some profits both can give you by its own way because both price could rising
the current gold price is already at a fairly high level is very difficult to expect that prices may rise higher than the current price but on bitcoin you can expect if the price can back to touched $ 1,000

This is the best time to invest in bitcoins as every is hoping that price will touch $1k by the end of the year and if that happens then it can give us some huge profits.
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September 15, 2016, 01:46:37 PM
 #3060


If I were to choose between money and gold, I still would take the gold. Due to the advantage of gold is very big in my opinion if we invest in gold. If bitcoin might also be able to get an advantage but in the short term.
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