Topic: Bitcoin or gold? - page 313. (Read 984470 times)
You are talking about gold as it would be soo easy, sure financial problems people will try to protect their capital at gold, but the volatility it may have against what bitcoin can make on the same or shorter time is far away to gold be a good investment against bitcoin. At 2020 bitcoins should double, lets see what will happen with gold till there.
Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
I think its better to diversify. BTC will give you more earnings, but it pays no dividend and its volatile. A balanced portfolio is better IMO, I'm planing to push BTC trading profits into index funds and high yielding shares. Gold can also be part of the portfolio - but only as a small percentage, and only bought when the price is low. Currently the price of gold is way too high. Gold, generally is high during periods of economic uncertainty and low during boom periods, so if you buy accordingly you can make very large profits and offset losses during economic instability. I plan to invest in gold - but not until I have enough assets elsewhere to make the investment worthwhile (and also will need to wait until the price is low)
Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
If you want to be really rich, I believe the best approach here is to invest to both bitcoin and gold. Then what you will figure out is how much percentage of investment to each gold and bitcoin. If I am to ask, I would rather invest a bigger percentage to bitcoin like 60% bitcoin and 40% gold (of course this is in so far your investment budget excluding your other expenses and budget). The reason is that, bitcoin is very promising in terms of its features compared to gold.
Gold has been doing good lately after the big crash, in a way it has been looking very similar to bitcoin performance, but all know long term bitcoin is going to deliver huge gains compared to what gold can offer, its better to hold bitcoin if you want to get rich.
Hope over gold price rise is over for most of the techy people and all of them want to hold few bitcoins to get huge profit over few years when bitcoin will go mainstream. I also like to be one of them so grabbing bitcoin whatever i can on the cheap price it have right now.
I chose gold over bitcoin if i have to translate my whole networth into either bitcoin or gold. Reason for this is I can't risk all of my money into bitcoin.
I like bitcoin alot but I only want to put safe percentages into it so that i stay financially stable.
well, you have a point. bitcoin price is not too stable. it is very volatile and non predictable. I like bitcoin very much but I like it only for using. sending receiving funds. earning free money and so on....I like bitcoin alot but I only want to put safe percentages into it so that i stay financially stable.
We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
gold can also be digital, but i agree gold can not be used like bitcoin and everything need to be as fast as possible today and gold isn't that fast like bitcoin, so definitely a plus for bitcoin
I consider that trading physical gold involves a high risk because it's dangerous in real life.
Bitcoin sometimes is more anonymous and this is another advantage of bitcoin comparing with gold.
Only millionaires can buy gold bars and their's are safely keep in their vaults. For small timers, we just use trading platforms to get stocks of gold. What we have are just papers. It is safe as long as you are trading on a proper and safe venue. I think both gold and bitcoin have their advantages. So why not just get them both and enjoy the profit.
I choose bitcoin cause bitcoin is what I'm invested in already anyways and it's kinda safe if you think about it there's alot of money in it so it can't just dissapear if it would show signs that it's going downhill very much then i'd be peacing out already anyways.
Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.
Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.
People mostly do the same, though they know gold is more secure and trusted as it has been around for a long time now while bitcoin is really new in the world but they still choose bitcoin because they know gold is more stable while bitcoin can earn them good profits with day trading.
I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
You only look the advantage of bitcoin base on your statement, we need to choose both if we have enough money to invest both have own characteristics that will give to us great income.gold is mostly preferred by traditional investors as it allows them to somewhat avoid dealing with the government. at least, that was the case. nowadays you can only buy gold with an id. the days where you can walk into a store and buy gold without any verification are over.
I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
You only look the advantage of bitcoin base on your statement, we need to choose both if we have enough money to invest both have own characteristics that will give to us great income.
I prefer bitcoin since it is easy to transfer, I can buy stuff online with it(unlike gold), and it is anonymous(although this may be a problem for finding scammers). The only thing that I don't like about bitcoin is it's transactions fees.
Bitcoin or gold is a difficult decision but since I am very invested into bitcoin I'll have to chose for bitcoin. Bitcoin gives me the chance to make alot of money and I can't seem to find that same thing in gold cause gold is too stable and not worth the investment if your looking for a return.
There are fake golds now so we made a better choice, there is risk at the same side but I would still pick the bitcoin side. There aer some paper works when you are holding a lot of gold and I dont want that. I would rather stay at being private.
Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.
Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.
Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
and taking risks makes you earn a lot more
I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk Are you sure that by holding them you will be making profits in future? What will you do if price falls to $100 in coming years? Will you still prefer to hold or sell them at loss?
Thats why holding bitcoin would be an investment and any investment do have risk and as investors we are already aware on that. People do somehow have assurance for bitcoin on long terms because they have strong hopes and trust in bitcoin to increase its price in future well as you said things may go in opposite way and thats the risk.
Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.
Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.
Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
and taking risks makes you earn a lot more
I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk Are you sure that by holding them you will be making profits in future? What will you do if price falls to $100 in coming years? Will you still prefer to hold or sell them at loss?
the price of gold with bitcoin bitcoin is as fast as the price goes up ?. did not he? gold rose progress is not as fast bitcoin
Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.
Basicly gold is alot more stable and secure investment. Prices don't change that much it goes up a little.
So gold is the slow and safe investment whilst bitcoin is the risky one that can make you alot of money. I'd choose for bitcoin just because I like to have potential instead of security.
Yeah and we cannot afford to wait longer to earn small profits, better choice is to take risks and keep on making profits regularly and that is surely possible with bitcoins.
and taking risks makes you earn a lot more
I agree with you now a days playing safe like holding yyour bitcoin and wait until the price it is not something a good choice because why you hold it if you can earn more from it? Right? Learn and take a risk
Bitcoin or gold is a difficult decision but since I am very invested into bitcoin I'll have to chose for bitcoin. Bitcoin gives me the chance to make alot of money and I can't seem to find that same thing in gold cause gold is too stable and not worth the investment if your looking for a return.
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