Topic: Bitcoin or gold? - page 63. (Read 984448 times)
I'd definitely transfer all my funds to gold since it is a much safer heaven asset that won't get it's value decreased over some conflicts between governments or bans from some countries . Gold has been backing up cash supplies of all the world's banks for years now and it has a fluctuation rate of 1 to 2 percent max per year , and even if it does fluctuate more than that it's only for the better . Any fool person will say that he'll just do cryptos but believe me that's just a very risky move that may put you at the streets in just a day !
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 choose gold.
Gold doesn't fluctuate like bitcoin I would just wait for some year for my investment to mature. And the profit is guaranteed. In bitcoin, you need time to always watch the price, it is better to be used for trading rather than as an investment.
In my surrounding bitcoin is using and it is very famous so i like bitcoin as compared to gold the gold is also good and universally acceptable. Those who have gold they were considered rich people in the past but now the tradition is changed and the people are using this for making money. Just like now the people who have bitcoin they can make more money through this and those who have good income they are happy to be the holders of this currency.
After the price of bitcoin exceeded the cost of an ounce of gold, it became obvious that this precious metal had lost its former attractiveness. Today bitcoin is more than five times more expensive than gold, as the price of ingots is changing slightly. The number of search queries "buy gold" has decreased relative to the usual levels. At the same time, the number of people looking for opportunities to buy bitcoins is growing rapidly. The price of bitcoin today is far from stable. But it seems that gold in this respect is experiencing much greater difficulties. Its price is also quite volatile. Nevertheless, the increase in gold prices for this year is many times less than the achievements of Bitcoin.
we will not know when bitcoin will survive at a very high price without a sharp decline ....
so in my opinion maybe meilih gold for the fore better
so in my opinion maybe meilih gold for the fore better
Bitcoin and gold are better for this generation. For too easy to sell or change into the real money. Gold is hard to sell, and need keep the gold in safe storage that you the only one know. In Bitcoin, you can hold or retain into the different wallets like coinbase, Blockchain, and other wallets. Last January 2017 both they have the same price. Both have a better value.
If I did this a day ago, then I used to like gold, but now, the price of Bitcoin is increasing, I will emphasize Bitcoin because it's easy to make Bitcoin gold than money.
For people that has gold they would choose and prefer to have gold as they know how to run that investment and how to ride it's market. But for us who are in the market of bitcoin we will definitely going to choose bitcoin, we know on how bitcoin is moving and it's price is getting down for sometime but after that it will increase again. That's how bitcoin is moving and its all worth it in the future.
If I did this a day ago, then I used to like gold, but now, the price of Bitcoin is increasing, I will emphasize Bitcoin because it's easy to make Bitcoin gold than money.
We can not predict those things. That is your decision. MAGAZINE IS NOT GOOD FOR US..
Gold price is not changing from last 1 month, bitcoin price changes with in lakhs. So you are good enough to make judgement. Bitcoin is good for now.
It is good but there are some good side and bad side about it's volatility. Yes the price is changing very quickly and it gives good profit from the people, but think of this, when people bought bitcoin at $14K and then it dumps all the way to $10K, is that good? No, but when it pumps, it is good since you have a good profit, but the thing is, it is risky unlike Gold.
Yeah correct, in bitcoin there are high risks to consider than in gold. But we can't deny the fact that bitcoin is more profitable than investing in gold.
We have to look for the future, gold cannot give the people benefits, but bitcoin does because of the decentralized system it can give us freedom to transact online with full security.
If it does become a long-term trusted store of value, BTC should trade around a fairly high price (depending on how many coins are lost and are actually in circulation).
If BTC does not become a long-term trusted store of value due to other crypto's being the main choice its likely price will be much lower (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
If you think BTC has a 1% chance of becoming a long-term trusted store of value, you should not invest.
If you think BTC has a 0.001% chance of becoming a long-term trusted store of value, you might consider a short.
If BTC does not become a long-term trusted store of value due to other crypto's being the main choice its likely price will be much lower (unless it becomes a "cool" collectible... which is a possibility).
So if you think BTC has a 10% chance of becoming a long-term trusted store of value, it is a good investment with a nice expected return. It is still very risky but professional investors should invest some small portion of their portfolio in this case.
If you think BTC has a 1% chance of becoming a long-term trusted store of value, you should not invest.
If you think BTC has a 0.001% chance of becoming a long-term trusted store of value, you might consider a short.
hmm, gold you can touch.. Bitcoin not. I think gold is better than BC..
That's a very simple analysis right there, how bout goodwill? there are goodwill that worth a lot than a whole company but they don't have an appearance?Gold can be steal because they are tangible while the bitcoin are not and not to meantion the blockchain technology. i would go for bitcoin because of its price today
hmm, gold you can touch.. Bitcoin not. I think gold is better than BC..
That's a very simple analysis right there, how bout goodwill? there are goodwill that worth a lot than a whole company but they don't have an appearance?Gold can be steal because they are tangible while the bitcoin are not and not to meantion the blockchain technology. i would go for bitcoin because of its price today
I'm more interested in holding bitcoin because the benefits are shorter in time, although the risk is higher than gold. For me, gold more appropriate as longterm investment.
both of them is a good, it really depends on the investor and what fits him the most, if he wants a slow but stable and reliable profit then surely the best choice would be gold, but if he wants to take a risk for a huge profit and income then the perfect choice would be Bitcoin. Both of them works differently, both comes with cons and pros, so it really depends on you on what fits you the most.
Both, because even if they are different, gold is stable while btc is volatile, what's important is that they are both valuable. Even if it takes long time, you know you can still gain on both sides. But in reality, it's really difficult to possess a gold than btc.
Gold price is not changing from last 1 month, bitcoin price changes with in lakhs. So you are good enough to make judgement. Bitcoin is good for now.
It is good but there are some good side and bad side about it's volatility. Yes the price is changing very quickly and it gives good profit from the people, but think of this, when people bought bitcoin at $14K and then it dumps all the way to $10K, is that good? No, but when it pumps, it is good since you have a good profit, but the thing is, it is risky unlike Gold.
Yeah correct, in bitcoin there are high risks to consider than in gold. But we can't deny the fact that bitcoin is more profitable than investing in gold.
We have to look for the future, gold cannot give the people benefits, but bitcoin does because of the decentralized system it can give us freedom to transact online with full security.
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, gold and bitcoin is important. 50percent for gold and 50percent for bitcoin of investment. The value of gold is stable even if it takes years. While in bitcoin is not stable, it takes high risk in the future if you invest. 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 prefer the bitcoin instead of gold. Bitcoin is better in terms of investment than in gold, bitcoin values continue to rise and that's an attraction.
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.
If you have a certain amount of money and you want to invest, it is most sustainable to invest some of it with bitcoin and you can use the amount of the remaining with gold. a single investment never makes sense.
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