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Topic: Bitcoin or gold? - page 491. (Read 984460 times)

sr. member
Activity: 493
Merit: 250
Live by your own rules
January 12, 2016, 01:15:28 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.
mostly i love gold,its can be used as jewelry and acecories,but if i must convert all my wealth,i will leave behind little my wealth to bitcoin,because i believe bitcoin have a bright future some years later.
sr. member
Activity: 406
Merit: 252
January 12, 2016, 12:32:10 PM
Like any investment, you have to be aware of the risks associated when you're going in, so do your research. Early adopters will tell you they've gotten incredibly wealthy, while others will say Bitcoin is too risky.

I would say I've personally got a lot invested in not just Bitcoin, but several alt currencies as well. If the $2,500 you have is allocated for something with higher risk than gold, I'd say go for BTC. Your potential return could be astronomical, whereas gold, not so much.
full member
Activity: 224
Merit: 100
January 12, 2016, 12:25:25 PM
IF you see the gold price you will choose gold. But the thing is gold is overrated.
Bitcoin is a techy thing and in time it will become a people's thing. Then we will see who wants gold..,
and who wants bitcoin...
legendary
Activity: 3248
Merit: 1070
January 12, 2016, 10:09:55 AM
it has to be gold. growing at rate of 300%. bitcoin is like gambling at moment.

300% when, it is stagnant like nothing else, there is no recent grow for bitcoin recently

more likely that it will fall
sr. member
Activity: 420
Merit: 250
January 12, 2016, 09:45:53 AM
I like for new things so I am going for bitcoin with it I would have more fun and earning some buck thru campaign.
Gold is nice to have for collection, but not for earning money I think I just prefer bitcoin for my hole life.
member
Activity: 62
Merit: 10
January 12, 2016, 09:33:10 AM
it has to be gold. growing at rate of 300%. bitcoin is like gambling at moment.
hero member
Activity: 714
Merit: 500
January 12, 2016, 08:20:10 AM
They are both nice, but when it comes to security it's gold all the way.
It's precious, beautiful and it holds a lot of value.
full member
Activity: 756
Merit: 100
January 12, 2016, 04:19:22 AM
I'd say it really depends on what you want to do. If you just want to store money then gold is the best. But if you're willing to take a risk, storing in btc can mean a lots of value created (but also lost).

Gold is safer, but gold won't take a +50% in value in two months xD
So just depends on what you want, store or invest! I'd invest in btc but store in gold!
full member
Activity: 214
Merit: 100
January 12, 2016, 04:16:23 AM
Don't put all of your eggs in one basket, and don't put any eggs in a basket with a hole (fiat).

I shall put most of my disposable income in bitcoin. I will also use the bitcoin whenever I can.
legendary
Activity: 2940
Merit: 1865
December 11, 2015, 03:27:24 PM
bitcoin is the winner
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up Roll Eyes

Yup Even I will also go with Bitcoin only Because Gold and bitcoin are for future savings In that case Bitcoin is better than gold due to its price and demand in future too. But gold is also have demand. Not much when compare to Bitcoin.


Both BTC and gold are catching a bid today. 

Everyone's circumstances are different, but I would recommend HODLing both BTC and gold.  Personal circumstances would point to what percentage one would want to hold of each.

1% - 3% of net wealth in BTC seems about right to me.  Not any more (volatility) unless you are knowledgeable and confident about Bitcoin.

2% - 10% of net wealth in gold, been the BEST wealth preserver in town for 5000 + years...

JMO
hero member
Activity: 994
Merit: 1000
December 11, 2015, 02:20:43 PM
bitcoin is the winner
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up Roll Eyes

Yup Even I will also go with Bitcoin only Because Gold and bitcoin are for future savings In that case Bitcoin is better than gold due to its price and demand in future too. But gold is also have demand. Not much when compare to Bitcoin.
member
Activity: 90
Merit: 10
December 11, 2015, 01:37:26 PM
Don't put all of your eggs in one basket, and don't put any eggs in a basket with a hole (fiat).
full member
Activity: 149
Merit: 100
Solar Bitcoin Specialist
December 11, 2015, 01:36:22 PM
Some of each.  I cannot answer one or the other only because with even a vanishingly small chance of gold being down next time I wanted to buy some goods, it is still worth having some of the other thing because that decreases the chance of both being down at the same time in future.
legendary
Activity: 1554
Merit: 1054
December 11, 2015, 01:33:11 PM
I would invest in both. Maybe 60% in gold and 40% in bitcoin.

In my opinion, the total investment in extreme-high risk investments such as Bitcoin should be kept lower than 10% of the overall wealth. You don't know for certain what can happen to Bitcoin in the future. It can go up to $10,000 per coin. And at the same time, it can also go down to $10 per coin. You should be prepared for both the occasions.

Yes investing only some 10% of our saving into bitcoin must be a calculated risk we can take with bitcoin as bitcoin is believed still in testing phase but more interesting and has proved record of high returns to our investments. Gold may occupy a little percentage as we need to diversify our portfolio investments.
hero member
Activity: 2688
Merit: 588
December 11, 2015, 01:29:12 PM
I would invest in both. Maybe 60% in gold and 40% in bitcoin.

In my opinion, the total investment in extreme-high risk investments such as Bitcoin should be kept lower than 10% of the overall wealth. You don't know for certain what can happen to Bitcoin in the future. It can go up to $10,000 per coin. And at the same time, it can also go down to $10 per coin. You should be prepared for both the occasions.

Yes investing our life's all saving into bitcoin is not at all recommended. Not only into bitcoin, to any investment vehicle also NOT recommended.
But splitting your investment budget for bitcoin and for gold must be a wise idea. I do go for bitcoin with larger portion compared to gold.
legendary
Activity: 3766
Merit: 1217
December 11, 2015, 01:24:54 PM
I would invest in both. Maybe 60% in gold and 40% in bitcoin.

In my opinion, the total investment in extreme-high risk investments such as Bitcoin should be kept lower than 10% of the overall wealth. You don't know for certain what can happen to Bitcoin in the future. It can go up to $10,000 per coin. And at the same time, it can also go down to $10 per coin. You should be prepared for both the occasions.
member
Activity: 111
Merit: 10
December 11, 2015, 01:19:27 PM
obviously both are important in different site.But bitcoin and gold increase your business with the same time.
hero member
Activity: 560
Merit: 500
December 11, 2015, 09:17:05 AM
I would invest in both. Maybe 60% in gold and 40% in bitcoin.

Gold is still incredibly respected by most people in the world. It is relatively stable and has a long history and reputation. Bitcoin is still in the beginning stages and is not very old.
sr. member
Activity: 266
Merit: 250
December 11, 2015, 01:57:57 AM
Haha  Grin For so far i think the decission for Bitcoin was the right Oppionion Wink
But Putin still buying Gold from the Chinese so there can something maybe come back in the Future Wink

Who knows Cheesy

regards
lama-hunter
legendary
Activity: 1834
Merit: 1036
December 11, 2015, 01:53:42 AM
Gold, it has value and it's a physical thing, bitcoin is not that stable right now.
Yeah right now bitcoin its not stable but the price is rose steadily. Tongue

If you say bitcoin no physical you wrong because today many bitcoin atm and paper wallet on real life, This was clear evidence that bitcoin is physical.Cheesy

Don't forget the physical Bitcoins being sold in Collectibles section where you can buy Physical coins funded or unfunded
If you want an investment that you can liquidate easily by not going online then Gold is for you, but if you want an investment that changes/earns almost every 5 minute then Bitcoins is for you.
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