Topic: Bitcoin or gold? - page 158. (Read 984470 times)

One gram of gold at current price is just under $40. I would hardly call that "a lot of money."

I'm pretty surprised today because Bitcoin has gone up again. Due to the fact that the excitement began on the eve of August 1, all the Crypto currency was falling down. But today again, growth and yet I do not observe that August 1 has already happened. Perhaps this is some kind of a campaign or was originally a market manipulation. Therefore, proceeding from this, gold is just the very first investment medium that will not have any risks.

We simply cannot let any opportunity that will just pass by on us, we should invest in both if we have the capacity to do it now.
However, since we do not have enough capital to invest in gold, I guess now is the right time to invest in bitcoin since it's still early
and it could surpass the marketcap of gold once the demand continues to increase.

I would like to invest both because i don't want to waste any kind of opportunity and yes you read it right. Gold is also an opportunity because its price is slowly moving up and that is when i will make profits by just investing regularly and holding my share of gold for a lot of years and i will treat them as my retirement fund.

Although you cannot get gold but a student like you are very lucky to have a good income from bitcoin, because bitcoin prices are now very high and better than gold.

Yeah to getting gold can be very difficult you know, even to buy 1 gram you should to have a lot of money and to get gold by mine is also not an easy thing dude, it takes patience, enough tools, etc. Getting bitcoin is easier than getting gold#imo

I think there is no limit on that, the question is how much money that you can invest on both bitcoin and gold, your money has limit but not in an investment because you can buy bitcoin and gold how many you want and how much the afford of your money. Both are good to invest, if you are looking for fast income do invest in bitcoin.

Yeah gold has a limit on the number on earth but you should know that there are many other jewelry that may be stored on earth and have not been found and maybe that will make the price of gold to be low as well. Bitcoin and gold have a limited number and both also have their respective risks

Indeed! Diversification always makes you safe when it comes to trading. That’s quite realistic and sagacious piece of advice. Both bitcoin and gold have their own amazing attributes that can’t be compared. Both are poles apart. But yes, it would be a smart move if you invest your major part of capital in bitcoins and some in gold just to have back up. We all know that bitcoins are more profitable than gold.

Why you need to wait for the price of bitcoin to go up at $4,000 before you will put your money? Gold is a good investment but no doubt that bitcoin is better. Just have the two of it and you can have abundance in your life.

Now there is a market cap just been created by Bitcoin and that does have something to do with it but really put the people pay no attention to that at all.

Put your money into BTC when it goes up to 4000k, take that 1/2 of profit invest in 1-2 planned good ICO's. Hopefully it will grow big and sell off half and by back BTC and purchase Gold online. Amiga metals sells Gold/Silver for BTC. Now you have both..

I agree, it is true that bitcoin might not be here for a long time so it will be a bad idea to drop everything and just focus on it, but that doesn't mean that you shouldn't consider investing in it, bitcoin have been and forever should be an extra way of gettting some extra income, it unstable nature makes it an easy way to make and lose money, so one must always be wise when making his investments in it.

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.

Bitcoin. I can't have gold easily, but in bitcoin, I am starting to have a little by little profit from this as a student.

Saving is a good start and being a student is not a hindrance to make your dreams successful, you can buy more than that if you will
focus on finding ways that will make you successful. There are even people who are successful who stop or drop out their studies to focus on investing only.

20% in crypto is a bit too high for me. I would invest no more than 5% or 10% of the total wealth in crypto (not just BTC, but also including the alts such as ETH, XRP and LTC). But for those who have a higher risk withstanding capability, a higher proportion may be advisable.

Both are related in being used to transmit or hold however briefly value.   Even a casino gambling chip has some relation to gold, most would recognise it as greatly inferior but its not intended to be held any long time.
Gold can be buried a century and be the same, not many are in that league.   Alot of the silver coins from the Roman empire have deteriorated apparently, though silver is quite good its not really as perfect.  Copper also can be affected.    But thats a giant amount of time, what we are really here to discuss is how either compares to dollar.    Almost anything can be superior to paper with a photocopied promise on it, which can diminish overnight.

Palladium cannot be used as currency as its far too centralised to just one or two countries.   You are going to make Russia the most powerful nation if you used that metal for money as it has the largest deposit.    
So its not stable, I'd imagine this is well known and would be avoided by most countries if at all possible.

However you can also argue it is already used by some middle eastern sharia law banks.   No interest is payable in Islam strict law, so palladium is bought on deposit and then repurchased by the bank at an agreed price at a later date.   So capital is repaid at a higher amount, leverage is not involved as the money is always equal to a commodity held by the bank

As a student, I don't have that much money that I could say that i'm an investor. But generally I would say 20% of your total wealth beside your hause and car in gold and 20% in crypto.

Though gold has a long time history of reliability and do not reduced in value early and great men and women in the world has the investment and security in gold I will still go for bitcoin as it is very easy to make great profit now in bitcoin than gold. For now that I have a short term investment views and I am for profit and not for long-term ideas bitcoin is suitable for me than gold.