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Topic: Bitcoin or gold? - page 156. (Read 984470 times)

legendary
Activity: 1232
Merit: 1091
July 25, 2017, 01:32:12 PM
Go for the gold. The validity of the gold is tested through and through. But bitcoin has just started a few years ago that's its not on the state to be considered to last if some circumstances happen like a war.

Gold has nothing to prove, that's right, but most people here are only interested in future gains, and for that reason Bitcoin is undoubtedly the best option. On the other hand, no one will ever force you to go for one of the two options, even though that was what OP was asking for. If you seriously believe in a scenario where internet won't be accessible, you can choose to have positions in both assets. In my case, I have around 30 grams in total across various gold bars right now, which I would like to increase to 100 gram within 2 years. I could buy it right now, but I prefer to have this money aside for Bitcoin.
sr. member
Activity: 381
Merit: 251
July 25, 2017, 01:19:46 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.
Bitcoins and gold are both good in investing and both of them have good value but for me i prefer bitcoin than gold it is more safe than gold and bitcoins value is getting higher faster than gold bitcoin is one of the best investing product it is more better than gold
Yes, investing to Bitcoin interesting than Gold, the fluctuations on Bitcoin market always strong and helps me earning good profit from that. But with Gold I can't do that because the value of Gold in current is stable and not easy control by anyone.
hero member
Activity: 1302
Merit: 508
Leading Crypto Sports Betting & Casino Platform
July 25, 2017, 07:22:12 AM
Bitcoin or gold ?
How about, both ?  Smiley
Yep! That would be nice strategy to invest in both. But as compared to bitcoins, gold is nothing. Gold is very much steady for last many years. We have not witnessed any sharp increase in its value where as bitcoins have given ride to moon to its supporters within few years. Bitcoins have the potential to make you rich within short time spam which obviously gold lacks. In short, bitcoins are best.

If you invest to both gold and bitcoin, it is just like buying two cars - both cars are quality high-end cars. The first one (which is gold) is only used for party and especially occasions; while the other one (which is Bitcoin) is for a long hour drive and for racing. They are both good cars and they are both cool to have.

Diversification of your investments especially over these two commodities aren't in bad taste at all as you stand a chance to reap big at the appointed time. They are both promising and I wouldn't like to choose one over the other.

Correct mate. It is more wise to invest to both investment vehicle and it is an all time good idea to diversify our investment - we shall not put all of our eggs in one basket so that if ever some thing happened, who have some fall back.

Yes, you are right because of it always good for diversification of our money into both of them. I see there is good potential in Bitcoin but don't under estimate the value gold. We have to divert our investment into different sectors of investment.
full member
Activity: 224
Merit: 100
July 25, 2017, 07:17:45 AM
Bitcoin and gold are two good directions for investing. Despite the good growth of bitcoin and its anonymity, you need to have more options for investing your funds.
sr. member
Activity: 569
Merit: 250
July 25, 2017, 07:04:50 AM
In my country bitcoin is still illegal. So there is no provision in the way of bitcoin work in my country.
member
Activity: 1120
Merit: 68
July 25, 2017, 06:57:02 AM
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.
Bitcoins and gold are both good in investing and both of them have good value but for me i prefer bitcoin than gold it is more safe than gold and bitcoins value is getting higher faster than gold bitcoin is one of the best investing product it is more better than gold
legendary
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
July 25, 2017, 06:04:17 AM
Bitcoin and gold have their own shortcomings and advantages, if gold gets longer its price will go up but bitcoin depends on the market ordering it, sometimes bitcoin higher than gold.


Diversification is the key to making our money grow and kinda secure. Hence, it is better to invest both to bitcoin and gold. I would like to add that it is also a good way to trade and invest money on online marketing and some real estates - of course it shall be one at a time and always find for a good and proven system that you can then leverage.

Now I'm not interested in investing in gold for several reasons. Firstly, gold is harder to buy than bitcoin. Secondly, from gold, I will not get a big profit.
I do not consider myself an experienced investor, but my strategy now is to invest in crypto currency

What countries do some of you live in who are saying gold is so hard to buy? You obviously have access to the Internet. So you can buy gold. Go to APMEX.com, which is a legitimate and reliable source for buying precious metals. And gold is NOT a short-term, high profit investment. It never has been, and it never will be. Gold is used as a hedge against inflation and a long-term store of wealth. You won't get a big profit from gold, but in the event of a collapse of whatever currency you use in whatever country you reside, that gold will still have value. And guess what else? If BTC was to suddenly collapse to lows, gold will still have value. Putting all of your investment solely into BTC is a huge risk. There is a potential for great returns if you know what you are doing. But there is also a potential for huge losses with having all your eggs in one basket.

full member
Activity: 364
Merit: 100
July 25, 2017, 05:26:34 AM
Bitcoin and gold have their own shortcomings and advantages, if gold gets longer its price will go up but bitcoin depends on the market ordering it, sometimes bitcoin higher than gold.


Diversification is the key to making our money grow and kinda secure. Hence, it is better to invest both to bitcoin and gold. I would like to add that it is also a good way to trade and invest money on online marketing and some real estates - of course it shall be one at a time and always find for a good and proven system that you can then leverage.

Now I'm not interested in investing in gold for several reasons. Firstly, gold is harder to buy than bitcoin. Secondly, from gold, I will not get a big profit.
I do not consider myself an experienced investor, but my strategy now is to invest in crypto currency
member
Activity: 86
Merit: 10
July 25, 2017, 03:16:43 AM
Go for the gold. The validity of the gold is tested through and through. But bitcoin has just started a few years ago that's its not on the state to be considered to last if some circumstances happen like a war.
sr. member
Activity: 756
Merit: 294
July 25, 2017, 12:52:53 AM
Bitcoin and gold have their own shortcomings and advantages, if gold gets longer its price will go up but bitcoin depends on the market ordering it, sometimes bitcoin higher than gold.


Diversification is the key to making our money grow and kinda secure. Hence, it is better to invest both to bitcoin and gold. I would like to add that it is also a good way to trade and invest money on online marketing and some real estates - of course it shall be one at a time and always find for a good and proven system that you can then leverage.
STT
legendary
Activity: 4102
Merit: 1454
July 25, 2017, 12:46:03 AM
Just listening to this video and this guy roughly explains how gold is a storage of the energy spent to extract it .     Sounded like the best explanation of why crypto currency could be related to gold in any way, its steady receipt of the work behind it :

https://youtu.be/B5CiNSoCICo?t=356
full member
Activity: 152
Merit: 100
July 24, 2017, 11:56:06 PM
Bitcoin and gold have their own shortcomings and advantages, if gold gets longer its price will go up but bitcoin depends on the market ordering it, sometimes bitcoin higher than gold.
hero member
Activity: 1190
Merit: 534
July 24, 2017, 11:41:26 PM
For long-term, i prefer gold rather than bitcoin. Who knows, doomsday might happen and trading will be back to metals  Grin

Yes, I respect everyone's opinion but I have slightly different opinion from this one. Personally, I would go with Bitcoin if there is a gold against it because past performance of Bitcoin is far better than Gold (I am aware of the fact that past performance is not a guaranty of future movements but still it gives a prediction of expected trend). I think investing in gold is secure as compared to that of Bitcoin but when it comes to the expected annualised returns, I believe in Bitcoin.
sr. member
Activity: 756
Merit: 294
July 24, 2017, 11:33:31 PM
Bitcoin or gold ?
How about, both ?  Smiley
Yep! That would be nice strategy to invest in both. But as compared to bitcoins, gold is nothing. Gold is very much steady for last many years. We have not witnessed any sharp increase in its value where as bitcoins have given ride to moon to its supporters within few years. Bitcoins have the potential to make you rich within short time spam which obviously gold lacks. In short, bitcoins are best.

If you invest to both gold and bitcoin, it is just like buying two cars - both cars are quality high-end cars. The first one (which is gold) is only used for party and especially occasions; while the other one (which is Bitcoin) is for a long hour drive and for racing. They are both good cars and they are both cool to have.

Diversification of your investments especially over these two commodities aren't in bad taste at all as you stand a chance to reap big at the appointed time. They are both promising and I wouldn't like to choose one over the other.

Correct mate. It is more wise to invest to both investment vehicle and it is an all time good idea to diversify our investment - we shall not put all of our eggs in one basket so that if ever some thing happened, who have some fall back.
hero member
Activity: 840
Merit: 502
July 24, 2017, 10:44:33 PM
The student must engage in learning and not jobs. Now you earn $ 100, but then lose $ 1,000 because work distracts from school. Always remember that no one knows how long live bitcoin and what price it will have, and your knowledge will stay with you for life.
We need both, many think that you need to be only a student but the problem with that is that many businesses ask for experience too and that is the very first hurdle you will need to overcome if you can get a job while you are studying do it and get that precious experience.
sr. member
Activity: 756
Merit: 253
July 24, 2017, 10:43:00 PM
Bitcoin or gold ?
How about, both ?  Smiley
Yep! That would be nice strategy to invest in both. But as compared to bitcoins, gold is nothing. Gold is very much steady for last many years. We have not witnessed any sharp increase in its value where as bitcoins have given ride to moon to its supporters within few years. Bitcoins have the potential to make you rich within short time spam which obviously gold lacks. In short, bitcoins are best.

If you invest to both gold and bitcoin, it is just like buying two cars - both cars are quality high-end cars. The first one (which is gold) is only used for party and especially occasions; while the other one (which is Bitcoin) is for a long hour drive and for racing. They are both good cars and they are both cool to have.

Diversification of your investments especially over these two commodities aren't in bad taste at all as you stand a chance to reap big at the appointed time. They are both promising and I wouldn't like to choose one over the other.
sr. member
Activity: 756
Merit: 294
July 24, 2017, 10:22:57 PM
Bitcoin or gold ?
How about, both ?  Smiley
Yep! That would be nice strategy to invest in both. But as compared to bitcoins, gold is nothing. Gold is very much steady for last many years. We have not witnessed any sharp increase in its value where as bitcoins have given ride to moon to its supporters within few years. Bitcoins have the potential to make you rich within short time spam which obviously gold lacks. In short, bitcoins are best.

If you invest to both gold and bitcoin, it is just like buying two cars - both cars are quality high-end cars. The first one (which is gold) is only used for party and especially occasions; while the other one (which is Bitcoin) is for a long hour drive and for racing. They are both good cars and they are both cool to have.
hero member
Activity: 1022
Merit: 538
July 24, 2017, 05:44:45 PM
Bitcoin or gold ?
How about, both ?  Smiley
Yep! That would be nice strategy to invest in both. But as compared to bitcoins, gold is nothing. Gold is very much steady for last many years. We have not witnessed any sharp increase in its value where as bitcoins have given ride to moon to its supporters within few years. Bitcoins have the potential to make you rich within short time spam which obviously gold lacks. In short, bitcoins are best.
hero member
Activity: 1400
Merit: 536
July 23, 2017, 04:58:08 PM
I am now investing only in bitcoin and alternative coins. I'm not interested in investing in a chisel for the reason that it will not give me a high profit. Bitcoin, though risky, but he gives a good profit. I'm ready to take risks

We are profitable because of the high volatility, but the gold does not have such volatility, unfortunately, only in times of war, crisis, great disasters.
sr. member
Activity: 284
Merit: 250
July 23, 2017, 04:34:20 PM
I am now investing only in bitcoin and alternative coins. I'm not interested in investing in a chisel for the reason that it will not give me a high profit. Bitcoin, though risky, but he gives a good profit. I'm ready to take risks
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