But here in Indonesia, the government is getting increasingly worried about the proliferation of Bitcoin and the other currencies. I may convert a part of my coin holdings to gold and other assets.
Topic: Bitcoin or gold? - page 67. (Read 984448 times)
I don't have a problem in choosing gold, but unfortunately I don't get gold from signature campaigns and bounties.
But here in Indonesia, the government is getting increasingly worried about the proliferation of Bitcoin and the other currencies. I may convert a part of my coin holdings to gold and other assets.
But here in Indonesia, the government is getting increasingly worried about the proliferation of Bitcoin and the other currencies. I may convert a part of my coin holdings to gold and other assets.
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.
For some people, stability is the security needed that is why some people will still choose to buy gold rather than bitcoin. It is understandable as most people dont want to put their money in something that could go 50 % lower in one night
I can't argue...it's pretty obvious that if you invest in bitcoin you will have more money after a while than if you invest in gold
Dont forget that you can lose money more than what you used to buy gold as well. Basically it is a double edge sword, however there is a bigger reward if you decide to put in something with bigger risk
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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!
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.
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.
Bitcoin of course,you can access it easier and safer to store it.No wonder it is called digital gold.So I'm for it!
I will choose bitcoin of course, bitcoin is good investment nowadays. For next 5 year I strongly believe in bitcoin rather than gold, I think gold price is so stable but if you invest in bitcoin then you can expect a better profits in future as price would be higher in future. So I think investment into bitcoin better than gold.
They are two different kind of value store: it's a long discussion, but in two words: gold is the safest thing on the earth, as it works from 5.000 years, but it's not an investment.
Bitcoin is not so sure (what if a nuclear war starts and the net stops?) but it's a much better investment.
Bitcoin is not so sure (what if a nuclear war starts and the net stops?) but it's a much better investment.
Bitcoin are the same but in different field. Although gold has its physical representation, bitcoin has its own strength and it is in the crypto world.
i think i will invest in both but it will be: 30% for gold and 70% for Bitcoin. And the Stock of BTC is limited, so the more people are getting in Bitcoin involved the rarer it will be and the greater its price will be, it is just like gold but not something physical that you can touch.
I think i choose is bitcoin because bitcoin easy to get in the internet whoever gold is very hard because this is a physical to mine a gold and give your life to mine it but bitcoin through internet to mine and 100 percent sure to get it.
I think the same, bitcoin is more reachable, you dont have to move out of your house
It is necessary to distribute resources across different baskets. I will choose 50% \ 50%.
If bitcoin costs millions, then half will suffice me.
If bitcoin costs millions, then half will suffice me.
Bitcoin over gold, the entire life, gold will always have value but doesn't have any more potential than that
I love gold because i can afford to buy it. Bitcoins price is very high now. Difficult to achieve.
Gold ofcourse, because bitcoin is for trading votality, not a long term store of wealth. Gold is for long term investment and Bitcoin is for short term investment.
Well, it's very simple: gold is for stability (from about 10.000 years...) but it's not a good investment.
So, gold for safety, bitcoin for gain.
If you just want to keep your money safe, then it is better to keep your money in the bank instead of buying gold with that amount of money. However, if you really want to make some good amount of money from the money which you are having, then the best thing to do is to go for investing that money into bitcoin. After that, do nothing but keep on holding your bitcoins for some good period of time. So, gold for safety, bitcoin for gain.
I think Gold is for good for a stable,low risk long term investment and bitcoin is good for short time investment and very risky and depends how well international community adapts it
I prefer to invest on both. Gold is globally recognized as valuable item and when it comes to bitcoin we can see a great opportunity since we are already on digital era.
Did somebody say bitcoingold? just kidding lol
I guess like the other responses here are to diversify where possible.
I will prefer bitcoin instead of gold because gold is just valuable metal and it don’t give any profit if you will keep it save or not and bitcoin is good to keep it save bitcoin is always here to help us it never give lose to any one when I keep bitcoin on hold so when its price go high then I sell it and its profit is more than enough for me it make my money double so I think invest in bitcoin not in gold and I try it so may time I always lose in gold. I guess like the other responses here are to diversify where possible.
I prefer to invest in bitcoin for period 5-10 years. Gold is safer, but bitcoin very profitable where i can buy more gold later.
I agree with you, Bitcoin is so volatile so it changes it's price every single minute and that is very risky as an investor, but it's negative feature as being volatile is also being used as a positive feature that can attract more investors and users making the price go up. Gold may be safer, but I am willing to ride and uncontrollable wave rather than a slow and safe one.
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