Bitcoin or gold? - page 284. | Bitcointalksearch.org

Japinat

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Quote from: Karartma1 on November 16, 2016, 02:22:42 AM

Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

Dude you are only looking at the 30 days performance, for sure if you will try to consider the performance for maybe at least 5 years you can tell that gold is way better as an investment if you look for consistent profit. For 30 days gold is -2.42% but it can happen to bitcoin even in one day.

Try to see the big picture I believe.

Karartma1

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Montlhy Gold/Bitcoin Performance Comparison

Gold -2.42% (last 30 days according to goldprice.org)
BTC +11.75% (last 30 days according to bitcoinwisdom.com)

Isn't it nice?

jonpande

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I believe the gold, and I believe in Bitcoin but for now there is only one that I would hope that Bitcoin because Bitcoin is growing very rapidly, in contrast to the gold price has gone down and over the last year.

Hung_Daddy

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Quote from: LuanX3 on November 14, 2016, 09:10:32 PM

Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

You can buy gold in small ounces too or just invest it in gold markets where you don't have to physically hold the gold. Gold is more stable in terms of price swings than Bitcoin though. So if you have a lower risk tolerance, gold might be for you. But, if you prefer higher risk with higher returns, then probably Bitcoin is a good option.

Yeah, people think you need to be buying full gold bars, but you can buy just a few pieces of gold too.

BrockHunter

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I would go for the bitcoin because I think it has a better future and the fact is that you can make better profits with it on a short term.

delliaerd

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Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

If you choose bitcoin that is good too. Although gold are more safe to be investment but the fluctuation of the price is smaller than bitcoin. You have big chance to get big profit in the short time by trading. The hoarder make bitcoin price move so fast. So I think you make a good decision. Gold is really good too but it is need big financial capital for make significay profit, bitcoin security is pretty good so do not be worry.

daniahya

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Quote from: thebatletbet on November 15, 2016, 05:26:06 PM

Quote from: South Park on November 15, 2016, 04:55:37 PM

Quote from: Wolf_Pack on November 12, 2016, 05:31:51 PM

Quote from: richardsNY on November 12, 2016, 04:59:42 PM

Quote from: ivanpoldark on November 12, 2016, 01:16:00 PM

Maybe this sounds corny, but I choose gold, this material has a real value, before the opening of of new mines on Mars, of course.

You choosing Gold is your choice of course, but Bitcoin has no real value? Because that's something you indirectly say with such a statement. Can you at least tell us what you think gives Gold "real" value. And why you think Bitcoin is the least favorite option from your point of view?

Both are good as an long term investment but advantage with bitcoins is that you can also make some good profits in quick time as price is too volatile which can give you unexpected profits in short term which is not possible with gold as price of gold is very stable and to make good profits from it you need to wait for a very long time.

Gold price also moves and you can make some profit out of it, but not with physical gold but wit gold ETFs, the problem with it is that is not real gold but paper gold, and if for some reason the price of gold went to the roof then where will not be enough gold to back all the paper gold in existence.

gold price is very long time in moves
so if you want gold to investment you must have big capital money
buy gold and hold longterm, but if gold trading in online and offline is big diference

It is true that raising the price of gold is very slow unlike bitcoin but what harm we try to buy gold and sell it later if we really need

MTBTT

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Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

bitcoin privilege is not just an investment, even if you're aiming for investment in bitcoin but you will get more profit in othher, I use bitcoin for many things, including capital for my business

thebatletbet

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Quote from: South Park on November 15, 2016, 04:55:37 PM

Quote from: Wolf_Pack on November 12, 2016, 05:31:51 PM

Quote from: richardsNY on November 12, 2016, 04:59:42 PM

Quote from: ivanpoldark on November 12, 2016, 01:16:00 PM

Maybe this sounds corny, but I choose gold, this material has a real value, before the opening of of new mines on Mars, of course.

You choosing Gold is your choice of course, but Bitcoin has no real value? Because that's something you indirectly say with such a statement. Can you at least tell us what you think gives Gold "real" value. And why you think Bitcoin is the least favorite option from your point of view?

Both are good as an long term investment but advantage with bitcoins is that you can also make some good profits in quick time as price is too volatile which can give you unexpected profits in short term which is not possible with gold as price of gold is very stable and to make good profits from it you need to wait for a very long time.

Gold price also moves and you can make some profit out of it, but not with physical gold but wit gold ETFs, the problem with it is that is not real gold but paper gold, and if for some reason the price of gold went to the roof then where will not be enough gold to back all the paper gold in existence.

gold price is very long time in moves
so if you want gold to investment you must have big capital money
buy gold and hold longterm, but if gold trading in online and offline is big diference

South Park

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Quote from: Wolf_Pack on November 12, 2016, 05:31:51 PM

Quote from: richardsNY on November 12, 2016, 04:59:42 PM

Quote from: ivanpoldark on November 12, 2016, 01:16:00 PM

Maybe this sounds corny, but I choose gold, this material has a real value, before the opening of of new mines on Mars, of course.

You choosing Gold is your choice of course, but Bitcoin has no real value? Because that's something you indirectly say with such a statement. Can you at least tell us what you think gives Gold "real" value. And why you think Bitcoin is the least favorite option from your point of view?

Both are good as an long term investment but advantage with bitcoins is that you can also make some good profits in quick time as price is too volatile which can give you unexpected profits in short term which is not possible with gold as price of gold is very stable and to make good profits from it you need to wait for a very long time.

Gold price also moves and you can make some profit out of it, but not with physical gold but wit gold ETFs, the problem with it is that is not real gold but paper gold, and if for some reason the price of gold went to the roof then where will not be enough gold to back all the paper gold in existence.

Positid

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BULL RUN until 2030

Quote from: deisik on November 15, 2016, 02:26:44 AM

Quote from: LuanX3 on November 14, 2016, 09:10:32 PM

Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

You can buy gold in small ounces too or just invest it in gold markets where you don't have to physically hold the gold. Gold is more stable in terms of price swings than Bitcoin though. So if you have a lower risk tolerance, gold might be for you. But, if you prefer higher risk with higher returns, then probably Bitcoin is a good option.

Actually, you can buy even a few grams of gold. There are a lot of gold vendors who are offering smaller size gold bars starting as little as just 1 gram. They are best used as gifts, not for investment purposes though, since you may have to pay hefty premiums on these tiny shiny things. If you buy the bigger size gold bars (say, from 1 ounce) you will get much better prices per ounce:

Investing in gold derivatives market can be tricky, and if you are going to just buy and hold gold, these are not for you

It would only conclude that if you want to have some kind of decoration or a gift you can buy gold with a small size but if you want to make money or consider gold as you investment you need to raise a decent capital to buy gold bars.

We have to determine our financial capability whether we can afford to invest or not.

deisik

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Quote from: LuanX3 on November 14, 2016, 09:10:32 PM

Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

You can buy gold in small ounces too or just invest it in gold markets where you don't have to physically hold the gold. Gold is more stable in terms of price swings than Bitcoin though. So if you have a lower risk tolerance, gold might be for you. But, if you prefer higher risk with higher returns, then probably Bitcoin is a good option.

Actually, you can buy even a few grams of gold. There are a lot of gold vendors who are offering smaller size gold bars starting as little as just 1 gram. They are best used as gifts, not for investment purposes though, since you may have to pay hefty premiums on these tiny shiny things. If you buy the bigger size gold bars (say, from 1 ounce) you will get much better prices per ounce:

Investing in gold derivatives market can be tricky, and if you are going to just buy and hold gold, these are not for you

jonpande

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I think this time the gold will be the best choice for investment because the price of gold stable, I'll put some to the BTC, but not risking it all if I had to choose.

mirakal

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Quote from: arseaboy on November 15, 2016, 12:58:34 AM

Quote from: sabbirshm on November 14, 2016, 10:59:24 PM

I will invest on bitcoin.because bitcoin will give me good profit in quick time.And I can get many facilities with bitcoin which gold didn't have.Also I think gold is a long time investment and too boaring.I can't use it everytime when I need money.Rather bitcoin have these advantages.So,I like bitcoin for these reason to invest.

If you're really looking for a short term investment bitcoins will surely be the best option for you rather than gold. I also like bitcoins because it really provides me a good investment and I can have a money whenever I needed it. But gold is also good for long term investment and hoping I could invest in gold as well.

Well, bitcoin is always good for short term investment. The way the price move you can tell that you have a good chance to make profit in a short term, this years is a turning point of bitcoin as the price this years have significantly increase and I can say I have earn great profits as this year is profitable for me.

arseaboy

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Quote from: sabbirshm on November 14, 2016, 10:59:24 PM

I will invest on bitcoin.because bitcoin will give me good profit in quick time.And I can get many facilities with bitcoin which gold didn't have.Also I think gold is a long time investment and too boaring.I can't use it everytime when I need money.Rather bitcoin have these advantages.So,I like bitcoin for these reason to invest.

If you're really looking for a short term investment bitcoins will surely be the best option for you rather than gold. I also like bitcoins because it really provides me a good investment and I can have a money whenever I needed it. But gold is also good for long term investment and hoping I could invest in gold as well.

tanarif

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Do 50/50 lol. Gold is a lot safer, but won't grow that much unless markets tank. BTC, who knows, it could grow, but it could crash. It's already quite high priced.

asuryan180

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Gold is the safer option,the more secure one and you will do fine if you go with hold,however an investment in bitcoin is an investment in the possibilities which will happen,it will bring more rewards if everything goes like how we expect,so in my opinion you should have some BTC and be prepared if it goes on fire,which is very likely and the only thing we can't predict is when it will happen and under what circumstances.

sabbirshm

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I will invest on bitcoin.because bitcoin will give me good profit in quick time.And I can get many facilities with bitcoin which gold didn't have.Also I think gold is a long time investment and too boaring.I can't use it everytime when I need money.Rather bitcoin have these advantages.So,I like bitcoin for these reason to invest.

LuanX3

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Quote from: madwica on November 14, 2016, 08:35:19 AM

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

You can buy gold in small ounces too or just invest it in gold markets where you don't have to physically hold the gold. Gold is more stable in terms of price swings than Bitcoin though. So if you have a lower risk tolerance, gold might be for you. But, if you prefer higher risk with higher returns, then probably Bitcoin is a good option.

wheelz1200

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I would think both for many reasons, but as with anything, diversifying is the best advise that can be given. With bitcoin being risky you hedge your risk by holding many types of investments. It also depends on your age and situation. I.e. if you are a year away from retirement would i put any of my investment funds in one thing, no way, if you are 20 the answer can vary.

Either way i think they are both going to be great long term storage options Grin

Topic: Bitcoin or gold? - page 284. (Read 984457 times)