Bitcoin or gold? - page 134. | Bitcointalksearch.org

Fuhre

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Quote from: tkbx on March 09, 2014, 02:21:54 PM

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

Here is my opinion, I will choose gold, bitcoin prices are still up and down in some time, But for gold, the price up and down not so far from the previous price.

We do not know how bitcoin 10 years into the future, whether it is still there, or is not used anymore Cheesy

matanglawin

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Quote from: tkbx on March 09, 2014, 02:21:54 PM

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I prefer converting all of my wealth to Gold because it has a physical market valu, and is also more stable in terms of its price. Gold has been used in lots of transactions way back grom different eras before by different countries and until now it is still used and still has a high value. Stability of such thing is important especially on investment.

jc89

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I'd prefer to invest in both bitcoin and gold. Like what the saying goes "don't put all your eggs in one basket" and I firmly believe in this.

Gold is a tangible asset and have great value. It is accepted in every part of the world and almost all people know that it is a precious metal and have many uses such as jewelry.

Bitcoin is considered an online gold because this too have great value. It might not be tangible and have limit but its value is greater than any fiat currency and as time passess its investors are growing in terms of number so its value is increasing too.

Both have their own characteristics and at the end both provide good profit.

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Quote from: jekanmasin on August 22, 2017, 12:23:31 AM

i would both..cause gold still has it own value to hold on. bitcoin i prefer to use it to buy alts coins and make some fast profit from it. it depend to who and why. but for me both has it own value and reason to keep.

Exactly, they are both valuable and gold is a more stable investment that gold, however at this situation I guess we also have to
consider bitcoin who's a top performer now and as we check the price we can tell that it's very profitable putting our money with bitcoin.
Imagine how it is possible to increase this price this year alone, it has break the ATH and made another again.

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i would both..cause gold still has it own value to hold on. bitcoin i prefer to use it to buy alts coins and make some fast profit from it. it depend to who and why. but for me both has it own value and reason to keep.

Magic Sarap

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Quote from: tkbx on March 09, 2014, 02:21:54 PM

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I prefer converting and investing all of it on Bitcoin because of its high rate of increase in terms of its market value. And another fork will take place. As far as I remeber, Bitcoin reached the 4k$ mark because of the fork that happened in August 1st. And noe that there'll be ankther, it will surely benefit Bitcoin. And will be hoping for more for the next 10 years. Would expect that after 10 long years, it will be highly stable.

kkeylb

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Gold has had plenty of time to settle in with humanity and all its uses. Bitcoin is still in an infant stage, and has many places to be useful. Bitcoin will keep growing, gold will not.

Wingo

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With today's price of bitcoin, I will choose bitcoin. The price of bitcoin is constantly growing faster than the price of gold. It will take longer if you invested your money on gold than on bitcoin. You just have to pick the right time and in just a year or two you will get a better profit.

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Quote from: Sled on August 21, 2017, 10:05:47 PM

Quote from: 8Habits on August 21, 2017, 09:26:35 PM

Quote from: carlerha on August 21, 2017, 06:22:02 PM

Quote from: Zuilhsa on August 21, 2017, 06:10:25 AM

Quote from: Joshuar on March 09, 2014, 02:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

of course, we can have both as our option. It is even ideal and recommended to invest in these 2 investment vehicles.. because the gold can take your investment to a very long term while bitcoin has potential of making your investment triple or multiple times in just a short period of time.

If you want to be safe in investment then you need to invest in both so you can balance both of them but if you want to take the high risk and go all in on bitcoin then it is a good option also even the risk is high, why? because if you will invest in bitcoin right now because this is one of the best chance to buy since there is a dip on the chart and if you will make it for long term then you are going to be a winner in investment in bitcoin because long term investment is not for gold only but also for bitcoin.

Well but it will be very much a hindrance in that, whether it's in person, or for anything else. If you want to be safe, and stay stable, then gold will get better, but if you want to look for big profits, but have little risk, then bitcoin will be the right choice. In essence both things have their own advantages.

Sled

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Quote from: 8Habits on August 21, 2017, 09:26:35 PM

Quote from: carlerha on August 21, 2017, 06:22:02 PM

Quote from: Zuilhsa on August 21, 2017, 06:10:25 AM

Quote from: Joshuar on March 09, 2014, 02:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

of course, we can have both as our option. It is even ideal and recommended to invest in these 2 investment vehicles.. because the gold can take your investment to a very long term while bitcoin has potential of making your investment triple or multiple times in just a short period of time.

If you want to be safe in investment then you need to invest in both so you can balance both of them but if you want to take the high risk and go all in on bitcoin then it is a good option also even the risk is high, why? because if you will invest in bitcoin right now because this is one of the best chance to buy since there is a dip on the chart and if you will make it for long term then you are going to be a winner in investment in bitcoin because long term investment is not for gold only but also for bitcoin.

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Quote from: 8Habits on August 21, 2017, 09:26:35 PM

Quote from: carlerha on August 21, 2017, 06:22:02 PM

Quote from: Zuilhsa on August 21, 2017, 06:10:25 AM

Quote from: Joshuar on March 09, 2014, 02:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

of course, we can have both as our option. It is even ideal and recommended to invest in these 2 investment vehicles.. because the gold can take your investment to a very long term while bitcoin has potential of making your investment triple or multiple times in just a short period of time.

agree, having these two great form of investment was makes you rich someday, but it will depending on the capacity of the users if you do not afford to buy a gold much better to invest in bitcoin because like mate said on my top you can make multiple your investment in a short period of time and when it happen then that is the time to invest in gold.

8Habits

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Quote from: carlerha on August 21, 2017, 06:22:02 PM

Quote from: Zuilhsa on August 21, 2017, 06:10:25 AM

Quote from: Joshuar on March 09, 2014, 02:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

of course, we can have both as our option. It is even ideal and recommended to invest in these 2 investment vehicles.. because the gold can take your investment to a very long term while bitcoin has potential of making your investment triple or multiple times in just a short period of time.

BunnyShibe

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Quote from: Yaramrd on August 21, 2017, 10:35:30 AM

Bitcoin BTC because of the price fluctuation, comparatively gold is stable. So if you want to earn handsome profit Bitcoin is the only choice.

yes my choice will also be bitcoin, because we are expecting a very good profit from bitcoin because of the fluctuation in the price of bitcoin,those people who have invested money in bitcoin a year before they many be millionaire now and those people who will still continue holding their bitcoin will become billionaire in next few moths. as there are more chance that the price of bitcoin will turn doubt again.

Paid Piper

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Quote from: LevshaK1 on August 21, 2017, 06:37:56 AM

Bitcoin and gold are two necessary assets to ensure their future. You can not choose one thing and invest in it all your savings. You need to consider the risks and divide your money in different directions.

to me I think in modern time people are giving more importance to bitcoin as compare to gold. and therefore I will also like to choose bitcoin. in fact gold has a very stable price therefore we are not expecting any remarkable increase in the price of gold bitcoin can continue giving us good profit.

carlerha

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Quote from: Zuilhsa on August 21, 2017, 06:10:25 AM

Quote from: Joshuar on March 09, 2014, 02:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

i do not think that both are the same option i think we use bitcoin for trading while use gold only for holding our assets in a safe place. because the price of gold remain as more stable.

bananadines

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i would choose both gold and bitcoin. Best way to stay safe

yohan09

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In my own perspective, Bitcoin may be totally different from gold because bitcoin is a cryptocurrency which means its only digital currency-- while gold is a tangible and valuable stuff in real world. However both bitcoin and gold are gained in the means of mining and can be exchanged and purchased as well... hahahaha...

ahmia39

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Investing in bitcoin provides multiple benefits rather than slow-moving gold. Investing in huge amounts of gold also very troublesome because we need to hire SDB for security reasons. While on bitcoin, it isn't needed. On bitcoin, all it takes is internet and a pc. Very practical.

MyIdeas

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Quote from: cubevtc on August 21, 2017, 05:43:01 AM

For this years for sure btc are in advantage but for very long time i quess gold still the best gl in goure choosen

yes BTC are in advantage but it is not only in this year, now bitcoin become advantage for all of its users for a life time and makes you rich in the future if you stick with it. Gold is profitable but not anymore, if you invest in gold then you will get so minimum profit and if you invest the same amount in bitcoin then this amount will become double after couple of months. So this makes your statement wrong.

8Habits

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Quote from: Wayan_Pedjeng on August 21, 2017, 10:53:13 AM

Quote from: Anarchist on August 21, 2017, 09:53:52 AM

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

That depends on your risk-taking capability. If you have no mortgage going, and if you are optimistic about the future of Bitcoin, then there is no issues in Bitcoin occupying as much as 20% of your portfolio. And there is no such limit for gold. It is a very low-risk asset. If you want, you can fill 100% of your portfolio with gold bullion coins and bars.

Wise investors are invested in different kinds of investment vehicles - they invest both in bitcoin and gold or to any other kind of investment. They doesn't want to get lockedout to one investment vehicle only because the risk is very high as you don't have any fallback just in case

Topic: Bitcoin or gold? - page 134. (Read 984448 times)