I will choose both, half in the form of Bitcoin and half again in gold, have no special reason but always hold the principle do not put all the eggs in one basket it's wiser.
It is what I'm always saying that I will going to choose both. But within this moment I'm focusing more with bitcoin as I still don't have gold. But I know one day there will be the time that I will also try to get into gold investments, it's precious and it will never die the same as bitcoin. I know I can do it at the same time.
Topic: Bitcoin or gold? - page 186. (Read 984448 times)
Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.
That can be seriously argued
Indeed, everyone is "entitled to their own opinion", but as far as my opinion is concerned, Bitcoin is not a very good investment as such. It is a perfect vehicle for speculation and short term trading without doubt (epitomized by a "hit and run" approach), but this doesn't make it a good investment. It is just too risky to be called an investment. As to me, investments should provide more or less consistent income with relatively low risk (US Treasuries are a perfect example of such investments), but Bitcoin is nowhere near that
Why isn't it good investment? Yea it's very risky and unstable... but doesn't define good or bad investment, I think that what's behind investment it's most important thing. Limited supply and whole blockchain technology is very good. So volatility doesn't matter, a big investor can shake price a lot but concept still stands!
If you go to bar you can easily spend 20-50$, you could just stay one day at home and buy Bitcoin with that. And maybe in 10-15 years you can have enough to live whole life.
Sure if you want to invest something which is stable, so you can withdraw money anytime you should buy gold. But buying few satoshis may be a very good lottery ticket. And you can't win lottery if you don't buy ticket
So if you invest 100k in gold, why not invest 1k in bitcoin?
That's what i meant with my comment, if I said anything wrong please correct me
And what according to you defines good or bad investment?
Or what distinguishes a good investment from a bad one? All the limited supply in the world and the whole blockchain technology will be utterly irrelevant if a specific investment (in this case in Bitcoin) doesn't bring you profits but start bringing you losses instead. That's what matters in the end. It could be said that Bitcoin is a good investment (because it has been highly profitable), but we should not forget about the other thing which distinguishes a good investment from bad. It is risk involved. If your investment brings you profit (so far) but it is risky as hell, that may mean that you are just lucky. In other words, it is not profits alone but also risk connected with getting these profits which also counts. And Bitcoin is not good in this department, that's basically why it is not a good investment choice overall, especially in the long term. It is a highly speculative asset, but can such assets be good investments?
And yea, risk is important but if you are willing to take it you can make better investment/profit. It depends what kind of investment you want and what money you risk means to you. If I put let's say 5% of my monthly earnings i would pick bitcoin (and other cryptocurrencies), if i would need to give all my money i would invest in gold.
And every single investment must be treated seperated, let's say you buy lottery ticket and you win it. Would you say that was bad investment?
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 would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.
Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.
That can be seriously argued
Indeed, everyone is "entitled to their own opinion", but as far as my opinion is concerned, Bitcoin is not a very good investment as such. It is a perfect vehicle for speculation and short term trading without doubt (epitomized by a "hit and run" approach), but this doesn't make it a good investment. It is just too risky to be called an investment. As to me, investments should provide more or less consistent income with relatively low risk (US Treasuries are a perfect example of such investments), but Bitcoin is nowhere near that
Why isn't it good investment? Yea it's very risky and unstable... but doesn't define good or bad investment, I think that what's behind investment it's most important thing. Limited supply and whole blockchain technology is very good. So volatility doesn't matter, a big investor can shake price a lot but concept still stands!
If you go to bar you can easily spend 20-50$, you could just stay one day at home and buy Bitcoin with that. And maybe in 10-15 years you can have enough to live whole life.
Sure if you want to invest something which is stable, so you can withdraw money anytime you should buy gold. But buying few satoshis may be a very good lottery ticket. And you can't win lottery if you don't buy ticket
So if you invest 100k in gold, why not invest 1k in bitcoin?
That's what i meant with my comment, if I said anything wrong please correct me
And what according to you defines good or bad investment?
Or what distinguishes a good investment from a bad one? All the limited supply in the world and the whole blockchain technology will be utterly irrelevant if a specific investment (in this case in Bitcoin) doesn't bring you profits but start bringing you losses instead. That's what matters in the end. It could be said that Bitcoin is a good investment (because it has been highly profitable), but we should not forget about the other thing which distinguishes a good investment from bad. It is risk involved. If your investment brings you profit (so far) but it is risky as hell, that may mean that you are just lucky. In other words, it is not profits alone but also risk connected with getting these profits which also counts. And Bitcoin is not good in this department, that's basically why it is not a good investment choice overall, especially in the long term. It is a highly speculative asset, but can such assets be good investments?
For me bitcoin. Bitcoin is decentralized unlike gold that holds by the government.
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 would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.
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 would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.But here If I need to convert my whole wealth to the Bitcoin or gold then I will choose both .
Because I am able to make earnings much with Bitcoin but what will happen if the government of my country declare the Bitcoin illegal , so here if I already saved my money in the gold then ofcourse I will never face big problem in my life with such conditions .
Currently a partition is going on at the official site of my country about the Bitcoin , whether to ban or legalise ? .
Hope everything gone good and I also again think and make buy of the 1-2 Bitcoin for the better trading life .
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 would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price.
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 would much prefer on bitcoin because there's a possibility that you will earn a high profit since the price of it is continue growing. Even if it is around 5 or 10 years is enough and you can assure that you will get a high profit unlike gold has stable price. I will choose both, half in the form of Bitcoin and half again in gold, have no special reason but always hold the principle do not put all the eggs in one basket it's wiser.
It is what I'm always saying that I will going to choose both. But within this moment I'm focusing more with bitcoin as I still don't have gold. But I know one day there will be the time that I will also try to get into gold investments, it's precious and it will never die the same as bitcoin. I know I can do it at the same time. I think even though for 6 years for 5 years continue to increase, but we will not know how the situation 10 years into the future
While gold although the increase is relatively stable, but the price will not go down
I will choose both, half in the form of Bitcoin and half again in gold, have no special reason but always hold the principle do not put all the eggs in one basket it's wiser.
Invest all your possible wealth in bitcoin, after 10 years youre now living a happy life or maybe the opposite one. Investing into bitcoin has higher chance that it can make you millionaire someday.
10 years from now if you invested on bitcoin you will be retiring early. as for me im just on my early 20's hope im on the right path by investing in bitcoin and retires early by the help of investing on cryptocurrency. Im hoping that bitcoin would go up $30,000 by the time I reach my 30's.
Invest all your possible wealth in bitcoin, after 10 years youre now living a happy life or maybe the opposite one. Investing into bitcoin has higher chance that it can make you millionaire someday.
With ease of transfer, I would choose Bitcoin. Aside from that bitcoin is the best store of value in the present time. If we invest in bitcoin today @$2000 we will earn profit after a year because bitcoin had increased by then.
No guarantee on the increase. Enough possibilities that might destruct Bitcoin. It's really not an insurance, much more a high probability.
With ease of transfer, I would choose Bitcoin. Aside from that bitcoin is the best store of value in the present time. If we invest in bitcoin today @$2000 we will earn profit after a year because bitcoin had increased by then.
No guarantee on the increase. Enough possibilities that might destruct Bitcoin. It's really not an insurance, much more a high probability.
With ease of transfer, I would choose Bitcoin. Aside from that bitcoin is the best store of value in the present time. If we invest in bitcoin today @$2000 we will earn profit after a year because bitcoin had increased by then.
No guarantee on the increase. Enough possibilities that might destruct Bitcoin. It's really not an insurance, much more a high probability. 
With ease of transfer, I would choose Bitcoin. Aside from that bitcoin is the best store of value in the present time. If we invest in bitcoin today @$2000 we will earn profit after a year because bitcoin had increased by then.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Bitcoin
Because I believe that bitcoin can be more than more than gold someday. You can also do a lot with bitcoin but in gold it is only limited since if you all use your gold you have nothing but bitcoin after you earn, you can still earn.
Both are good, but you are ''stupid'' if you don't invest in bitcoin/cryptocurrencies.
That can be seriously argued
Indeed, everyone is "entitled to their own opinion", but as far as my opinion is concerned, Bitcoin is not a very good investment as such. It is a perfect vehicle for speculation and short term trading without doubt (epitomized by a "hit and run" approach), but this doesn't make it a good investment. It is just too risky to be called an investment. As to me, investments should provide more or less consistent income with relatively low risk (US Treasuries are a perfect example of such investments), but Bitcoin is nowhere near that
Why isn't it good investment? Yea it's very risky and unstable... but doesn't define good or bad investment, I think that what's behind investment it's most important thing. Limited supply and whole blockchain technology is very good. So volatility doesn't matter, a big investor can shake price a lot but concept still stands!
If you go to bar you can easily spend 20-50$, you could just stay one day at home and buy Bitcoin with that. And maybe in 10-15 years you can have enough to live whole life.
Sure if you want to invest something which is stable, so you can withdraw money anytime you should buy gold. But buying few satoshis may be a very good lottery ticket. And you can't win lottery if you don't buy ticket
So if you invest 100k in gold, why not invest 1k in bitcoin?
That's what i meant with my comment, if I said anything wrong please correct me.
Jump to: