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Topic: Bitcoin or gold? - page 207. (Read 984470 times)

sr. member
Activity: 336
Merit: 250
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April 16, 2017, 08:52:53 AM
Gold.  I think the world is heading toward the crapper with Trump in charge of the U.S., and bitcoin has proven to be an unstable pseudo-currency that is awful as a store of value.  Or could be awful.  It can drop as much as it shoots up, and it just might crash.  Gold probably won't do that.

Yes, gold falls very slowly. I think that you do not believe in bitcoin. And that's why you say so. Those who use bitcoin in addition to the shortcomings see many advantages of bitcoin
legendary
Activity: 3514
Merit: 1280
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April 16, 2017, 04:22:51 AM
If I should invest right now I would go whit gold because I think that, at this point, is more secured option.Bitcoin need more time to became a synonym for strong value. Would invest in bitcoin too, but advantage goes to gold. From the other side, for those who knows, they can do great things with both.

Gold.  I think the world is heading toward the crapper with Trump in charge of the U.S., and bitcoin has proven to be an unstable pseudo-currency that is awful as a store of value.  Or could be awful.  It can drop as much as it shoots up, and it just might crash.  Gold probably won't do that.

Shills infested the forum like fleas a dog

As said numerous times, investing in gold serves the only aim of preserving capital. Obviously, it makes sense only if you already have that capital. There is no reason to invest in gold if you want to earn profits. Gold performance for the last 40 years was below dollar inflation. It means that you wouldn't have booked any profits while in fact suffered losses in inflation adjusted prices. US Treasuries are outperforming gold on a long enough timeframe. You will be just freezing your money in gold if you go that route
sr. member
Activity: 1190
Merit: 306
April 15, 2017, 08:54:35 PM
Gold.  I think the world is heading toward the crapper with Trump in charge of the U.S., and bitcoin has proven to be an unstable pseudo-currency that is awful as a store of value.  Or could be awful.  It can drop as much as it shoots up, and it just might crash.  Gold probably won't do that.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 15, 2017, 08:25:17 PM
If I should invest right now I would go whit gold because I think that, at this point, is more secured option.Bitcoin need more time to became a synonym for strong value. Would invest in bitcoin too, but advantage goes to gold. From the other side, for those who knows, they can do great things with both.
Good choice to choose gold for investment, I hope you are a long term investor who want a stable investment and at least good profit because gold will take a lot of time to just give you decent profit while if you invest in bitcoin then you can earn money almost everyday from the growth of price or from day trading.
sr. member
Activity: 750
Merit: 252
April 15, 2017, 07:03:42 PM
If I should invest right now I would go whit gold because I think that, at this point, is more secured option.Bitcoin need more time to became a synonym for strong value. Would invest in bitcoin too, but advantage goes to gold. From the other side, for those who knows, they can do great things with both.
sr. member
Activity: 378
Merit: 250
April 15, 2017, 06:17:25 PM
I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.
But bitcoin value is quickly increasing unlike gold thats like a walking turtle to increase the value that is why i choose bitcoin to invest.
Also bitcoin much affordable to invest it will not required high capital to earn in trading.
If your goal is to make money on rising or falling prices it is certainly bitcoin is more attractive for you. But if your goal is to preserve their savings and be sure that you will always have the opportunity to buy something, you'd better pay attention to the gold.
yes there are two option one is saving and the 2nd is investment, i think if you want to make money then you need to invest your money in alt coins and from there you can really get a good amount of money.
legendary
Activity: 3346
Merit: 1352
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April 15, 2017, 11:32:29 AM
That is also true that in bitcoin even poor people can invest and can earn money. If someone is going for investment in gold then they are rich people and they often invest only for storing their money without any high profit while if someone want to invest to get high profit then they have to invest in bitcoin.

Your argument is not true. It is possible to purchase physical gold for as little as $20. Even Bitcoin can't be purchased from exchanges and ATMs at much smaller amounts. If you want to talk about paper gold, then the amount goes down even further. You can even make purchases of $5 or $10.
legendary
Activity: 3514
Merit: 1280
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April 15, 2017, 10:26:31 AM
you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.

Never heard of an allocated gold account then?

You likely meant an unallocated gold account, right?

I have a few such accounts in one local bank (namely, for gold, silver, palladium, platinum). While buying and selling paper metals is pretty easy (basically, it works the same way as a typical currency exchange operation), but the spreads are drastic and make it totally uneconomical, especially if you have access to derivatives market where you can trade cash-settled gold futures with tiny spreads and tiny fees (though it does require a sizable capital to start trading)
member
Activity: 84
Merit: 10
April 15, 2017, 10:06:06 AM
I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.
But bitcoin value is quickly increasing unlike gold thats like a walking turtle to increase the value that is why i choose bitcoin to invest.
Also bitcoin much affordable to invest it will not required high capital to earn in trading.
If your goal is to make money on rising or falling prices it is certainly bitcoin is more attractive for you. But if your goal is to preserve their savings and be sure that you will always have the opportunity to buy something, you'd better pay attention to the gold.
hero member
Activity: 2282
Merit: 505
April 15, 2017, 09:48:54 AM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes I agree with your opinions, bitcoin is good for make money via trading, mining and other ways (short term investments) the scenario is after getting money from bitcoin,
we can buy the gold and hold for long time investments it is good way investing on bitcoin and gold because
basiccally we use capital just one time in bitcoin.
I think if you can use them it would be a good investment. because bitcoin certainly has a high price in the future as well as gold, the gold reserves steadily decreasing in the world, certainly the price will be higher

It's quite silly in my ear but bitcoin offering a lot of advantages rather than the price of bitcoin itself. A lot of advantages give bitcoin more demands and value. You must remember it
hero member
Activity: 1022
Merit: 521
April 15, 2017, 09:46:48 AM
I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.
But bitcoin value is quickly increasing unlike gold thats like a walking turtle to increase the value that is why i choose bitcoin to invest.
Also bitcoin much affordable to invest it will not required high capital to earn in trading.
That is also true that in bitcoin even poor people can invest and can earn money. If someone is going for investment in gold then they are rich people and they often invest only for storing their money without any high profit while if someone want to invest to get high profit then they have to invest in bitcoin.
hero member
Activity: 1148
Merit: 504
April 15, 2017, 09:22:05 AM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes I agree with your opinions, bitcoin is good for make money via trading, mining and other ways (short term investments) the scenario is after getting money from bitcoin,
we can buy the gold and hold for long time investments it is good way investing on bitcoin and gold because
basiccally we use capital just one time in bitcoin.
I think if you can use them it would be a good investment. because bitcoin certainly has a high price in the future as well as gold, the gold reserves steadily decreasing in the world, certainly the price will be higher
sr. member
Activity: 532
Merit: 280
April 15, 2017, 08:40:27 AM
I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.
But bitcoin value is quickly increasing unlike gold thats like a walking turtle to increase the value that is why i choose bitcoin to invest.
Also bitcoin much affordable to invest it will not required high capital to earn in trading.
legendary
Activity: 2254
Merit: 1043
April 15, 2017, 07:46:59 AM
you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.

Never heard of an allocated gold account then?
hero member
Activity: 1148
Merit: 504
April 15, 2017, 07:44:15 AM
I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

you may have a point but then bitcoin fluctuates. unlike gold, its value increases and you can trade it anytime.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 15, 2017, 12:16:10 AM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes I agree with your opinions, bitcoin is good for make money via trading, mining and other ways (short term investments) the scenario is after getting money from bitcoin,
we can buy the gold and hold for long time investments it is good way investing on bitcoin and gold because
basiccally we use capital just one time in bitcoin.
I think bitcoin is not only good for the short term only. but also the long term .. how not bitcoin future potential is very high. see the user continues to grow

Bitcoin is good for both of them. But best for long term because in long term there is a high possibility for bitcoin to reach a higher price. If you really want a high profits rather than small profits from doing short then long term is for you and just keep saving and keeping bitcoins for at least a year and see how big you earned.
hero member
Activity: 1008
Merit: 501
April 14, 2017, 07:16:53 PM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes I agree with your opinions, bitcoin is good for make money via trading, mining and other ways (short term investments) the scenario is after getting money from bitcoin,
we can buy the gold and hold for long time investments it is good way investing on bitcoin and gold because
basiccally we use capital just one time in bitcoin.
I think bitcoin is not only good for the short term only. but also the long term .. how not bitcoin future potential is very high. see the user continues to grow
klf
legendary
Activity: 1344
Merit: 1000
April 14, 2017, 07:00:39 PM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     
i think the only difference is that trading gold we have to wait for a long long time to get a minor income, as we can observe a very little change in the price of bitcoin, whereas trading bitcoin we can get a very good income in a very short period of time.

I agree with you about the trade. And I want to recall that crypto currency is a risk. Gold, in contrast to the crypto currency, is a less risky asset

Yes, in cryptocurrency trading one should be very careful and always need to monitor the market to catch the correct time to make a trade. If you miss it then you can't make a profit but gold prices always move slow and study and it is less risk investment. In the long run, gold will give good profit, but as an investor, I like both of them but invested more in gold.
hero member
Activity: 655
Merit: 500
April 14, 2017, 05:38:37 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.
Both, because bitcoin and gold are great source of investment in long term, it's good to diversify your investments to make more income the more investments you have, your wealth increases. That's why holders of bitcoin since 2009 are rich by now..
although both are the good options, but still i will choose bitcoin, as from bitcoin i can get good profit because the price of bitcoin is expecting to increase more and more and may be cross 2000 USD level very soon therefore i will like to choose bitcoin instead of gold.
newbie
Activity: 36
Merit: 0
April 14, 2017, 02:46:16 PM
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     
i think the only difference is that trading gold we have to wait for a long long time to get a minor income, as we can observe a very little change in the price of bitcoin, whereas trading bitcoin we can get a very good income in a very short period of time.

I agree with you about the trade. And I want to recall that crypto currency is a risk. Gold, in contrast to the crypto currency, is a less risky asset
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