Topic: Bitcoin or gold? - page 117. (Read 984470 times)

Good day, if I had to convert all my wealth to either Bitcoin or Gold i will choose Bitcoin, why? because we know that bitcoin 10 years ago is way way lower than golds price but now it is much way way higher than gold, what more 10 years from now and bitcoin now is still increasing and it almost reach 5k$.

Is this true? Bitcoin is much more easier than gold? I think both of them still great items that nees to be bought. With stable price of gold, this is really great investment but for fluctuative price, bitcoin is thing that you can gain profit daily. Still I will suggest both of it but yet people do not understand about bitcoin and most of them only get some gold

Nope, if you hold the Gold for long term, it does not make you have any risk after few years or even few decadies is possible. But with Bitcoin, you can not hold a long time like that if it still can not get the accept from the government.

We all know about the global domination of gold metal throughout the history of mankind. I do not think that gold can fall in value so much that it will depreciate. I understand that Bitcoin is very good today in price and brings good profits, and also Gold is a commodity whose price is almost constant and unchanged. Gold can give high returns but you have to keep it for many years unlike with Bitcoin its price is unstable so everytime i can see opportunity to get profit i grab it with Bitcoin. Using Bitcoin gives me the advantage in exchanging Bitcoin to other crypto to earn profit.

I'd put it in bitcoin, just for the fuck of it. Then there's pretty much three options: a) devalue a lot, maybe to 0, b) stabilize around where it's at right now, or c) shoot for the moon. Since 98 the ROI on gold has been roughly 8% yearly. Assuming that this will continue forever is not really sustainable, as the growth of the economy as a whole is about 2,5%. So let's assume something in the middle for the foreseeable future: 5%. If the ROI on gold is 5%, then you'd get fairly wealthy in 10 years. You'd end up with 1,05^10 times initial investment, which adds to a total of about 63% (not discounted for time value of money). Discounting it with a 2% risk free rate you end up with 33,6% ROI, which is fine for 10 years of keeping your money in a fairly safe asset.

On the other hand you can put it in bitcoin as a sort of "all or nothing" play, where the probability distribution is much wider. You can end up with a huge profit, or a big loss. For me this is much more exciting, at least with the means I have right now. Investing all my assets as of today would mean something like 40k USD. Sure, it's a bunch of money, but nothing that would wreck my life if I lost it. I'm a student, and will soon be finished, making about 65k USD a year. So I'd rather have a big and bold play than a safe and boring one as of now.

Bitcoin popularity how much running day by day it's not very much far not only Gold in this world every business should deals by great Bitcoin. Gold and Bitcoin almost similar who have Bitcoin they can buy anytime any moment everywhere Gold and who have gold they can buy too both is I think related each others and both is valuable things.

Gold is there for thousands years. Why shall I pick gold to multiply my money? This doesn't make sense. Bitcoin is here for us to make money from it by using it smartly.

We need to understand this first.

You are right a lot of the people are preferring the bitcoin and they are trying to hold the bitcoin for the long time and they are making the high profits, the most positive thing about the bitcoin is that it is easy to hold and to keep for the long time but keeping the gold for the long time can cause the danger for your life.

I chose bitcoin to make money i have worked harder than my body. Because benefits given gold is very low. So, i need invest in large amount if want to make big profits. Contrary with bitcoin.

I can not put all my money in one cell for such a long period. An experienced investor must understand all the risks and distribute his money between bitcoin and gold.

I would choose both because we do not know what the future holds on bitcoins and definitely we knew that gold will increase in value up up how many years. In bitcoins we do not know the future of it although it has a very high increase in value nowadays. For now maybe I will choose bitcoins but when we say keeping it for ten years, I will choose both of them.

bitcoin is better than gold for investment

Bitcoins always rise the value and get some profit on that, but in gold i think it will increase but not too much.

To get a big profit of course we must dare to take risks, if we choose gold then we will be difficult to develop because the increase in gold prices is not more than 10% per year while bitcoin can reach 300% per year, so I prefer bitcoin than gold.

I think we're here to earn money. Yes, you're right. But is it the right reason for choosing bitcoin over gold? I don't want to offend or something but I think it is just because it is more easy to earn bitcoin than gold. Not everyone can earn gold, some people search it really hard in mountains etcetera. But bitcoin will come to you, you just need to work for it.

I think if I could manage the revenue from campaigns I could use for additional business capital in the field of trade or investment, and bitcoin investment is very profitable when compared with other investments such as gold.dan until now I earn from bitcoin from my investment in bitcoin for a period short.

Agreed!
We can earn bitcoin without any capital to buy or without any invesment. Spending time in learning bitcoin is really worth it. That's the only thing i invest!
"time"
I choose bitcoin. 

For me I prefer bitcoin over gold because its easier to gain profits from bitcoin. Buying gold was very popular even before bitcoin exist but I never tempted to buy and sell gold because I cannot afford it. That's why im so happy there is bitcoin because I didn't use any capital to buy and invest, i only use the payments I received from signature campaigns to start up my investment.

To be safe, we are not at all certain what would be the future price of bitcoin in 10 years from now. I am not being negative here but what I am trying to say is that we are all risking to bitcoin hoping that the price will go up - I am heavily invested to bitcoin and our investment is like in any other investment wherein there is really no such 100% certainty that it will go up in the coming years - although accumulating more bitcoins is indeed a worthwhile endeavor.

I am also in favor of preferring bitcoins over all other assets whether they are physical ones in the form of gold or diamond, or digital ones like altcoins. Bitcoin market is undoubtedly growing faster than that of gold. As a matter of fact, bitcoin has already badly beaten gold in being the best investments for making your money grow without any hard efforts.