Topic: Bitcoin or gold? - page 74. (Read 984457 times)
Bitcoin or gold? I rather choice bitcoin. Though gold holds high value which is slowly growing but compared to bitcoins increase of price it is nothing. Also we can use bitcoin in many transactions unlike gold which has limited uses.
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.
Its either bitcoin or gold for me I ganna convert all of my wealth into bitcoin. It is because bitcoin will have a greater price in the future it means that your wealth would be doubled or tripled or even quadrupled after 10 years.
I would put down gold. Gold actually has physical properties that are beneficial for circuitry, does not rust (used for medical) and has been proven over and over to be most stable form of finance from start of civilization till the end. If someone where to launch an EMP over the whole world and the Internet of Things were to go down and we had to revert back to the stone age, Bitcoin is worthless. Honestly, for 1200 an ounce right now, gold is steal for the next 10 years vs BTC. Gold hands down, no questions asked.
Gold is relatively safe and is very much at its stable state right now. This means not much gains, but lower chances of loss as well. Obviously, it's the other way around for BTC.
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.
Can I do both? Half of my wealth will goes to bitcoin and half of it will goes to gold. But If I had to choose one I will choose Gold. Gold is not that volatile and the value of it is increasing and it is not decreasing. But in bitcoin because of its volatility there's a chance of income lost.
I am not too sure if its even wise to make a decision like that with a 10-year horizon. Gold has been a tested platform, hence better for wealth retention. Bitcoin is a rising platform, so better for wealth expansion. Maybe a balance between the two. Thats just my humble opinion. Anyway I am new here so please excuse me if this is not suitable
But still for investors I will suggest to invest in bitcoin no matter if they are saving their wealth or increasing their wealth because there is both in the investment of wealth in bitcoin. If they will invest their money in bitcoin then their money is already saved and along with that it is also sure that they will earn a high profit. Bitcoin is also a tested platform and it is sure that it will be safe. 
Both. It would not be financially wise to only transfer wealth into one of the two listed options. So to maximize my profits I would invest in both.
That's diversifying your investment which is advisable for every investors.Be smart in investing and don't be greedy as there is no assurance a certain profitable investment now will continue to be profitable.
At least you have some investment to wait if the other fails.
I think both has something to exploit. Gold is a Precious Metal used by mankind as a medium of exchange for millennia. Tangible Gold is widely regarded as a sound long-term investment and a hedge against market volatility.
Bitcoin, on the other hand, is a coded, crowdsourced currency that did not exist until 2009. I think if i want a fast growth investment ,bitcoin is the answer while i make gold a back up investment.
Bitcoin, on the other hand, is a coded, crowdsourced currency that did not exist until 2009. I think if i want a fast growth investment ,bitcoin is the answer while i make gold a back up investment.
Both. It would not be financially wise to only transfer wealth into one of the two listed options. So to maximize my profits I would invest in both.
In comparison with bitcoinBTC, to monitor the price of gold is boring. Of course, if you look at these assets as money, then gold behaves better, but if you like casinos, it's different.
The value of gold is calculated by fiat money, which also has no intrinsic value. They are valuable only because most people who use them agree with their importance. Thus, if ordinary money loses its significance, gold will cease to be a reliable means of preserving wealth.
Yeah Bitcoin is much better investment than gold. It is to be observed that the price of Bitcoin is increasing rapidly as compare to gold. The price of gold increased after a long time. The other factor that the Bitcoin is better than gold is that the gold you have is always there a fear of theft. The Bitcoin can never be damaged nor be stolen. The good investors are purchasing Bitcoin rather than gold for their future. The value of gold is calculated by fiat money, which also has no intrinsic value. They are valuable only because most people who use them agree with their importance. Thus, if ordinary money loses its significance, gold will cease to be a reliable means of preserving wealth.
I prefer bitcoin because holding your gold wont make you rich what i mean is there is no changes in price and gold nowadays is having a low value
But bitcoin i think this would be higher than a platinum
You are right it will not make high money for you and you will not be rich with bitcoin. it is good to use both high profit and for this you will have to manage time. If you are holding gold in you safe at home I am sure it will be risky and any one can easily break your lock of safe and will take your gold but if you are using bitcoin it is not risky because having bitcoin in wallet is good and no one will be able to use it without your permission. But bitcoin i think this would be higher than a platinum
I am not too sure if its even wise to make a decision like that with a 10-year horizon. Gold has been a tested platform, hence better for wealth retention. Bitcoin is a rising platform, so better for wealth expansion. Maybe a balance between the two. Thats just my humble opinion. Anyway I am new here so please excuse me if this is not suitable
Bitcoin , gold can stolen from us from your trusted people everybody changes in terms of money , they not know about bitcoin but gold ? everybody knows it and everybody wants it so being practical in life
Gold now has the option to be stored online same as Bitcoin. Safety is not the concern but the profit rate surely is. Bitcoin is way more profitable, only a week ago 22% profit made. So choosing it is wise as of now, but stability concern goes with Gold ofcourse.
I'll certainly convert all my money to bitcoin because it's a nice investment especially on the long run . I believe that bitcoin can achieve more than 100.000$ per coin by the end of 2019 and people who bought it earlier will max out their profits if they managed to hold it . I know that it's a risky move but with high risks come high rewards and we have already seen people that became millionaires because of cryptocurrencies only .
Bitcoin , gold can stolen from us from your trusted people everybody changes in terms of money , they not know about bitcoin but gold ? everybody knows it and everybody wants it so being practical in life
Bitcoin prices are very promising for the next few years, I'm sure the upward price trend will continue but this does not make me a 100% total invest into bitcoin, I keep dividing it to the same portion for gold.
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.
The more you risk the more money you gonna make, therefore i'm going for bitcoin. Gold was outclassed by bitcoin nobody cares about it anymore.
for me, i would go for gold. because gold is proven and tested when it comes to short-term or long-term investment. if you invest gold and hold it ten to fifteen years you will see and get a high profit as well. and yes bitcoin is good too but if you asking me what is good to invest for ten years, I prefer for choosing gold.
bitcoin is a good investment when you have appetite for risk. Its rare because there is a limited amount of it that can come into existence. So i choose bitcoin than gold.
Wise decision, being a risk taker is the only way we can invest with bitcoin, we take risk but we always think of the reward we can get which I think bigger than the profit with can make with gold for small investment. Bitcoin has provided has good return this year and it will do
the same in the future so let's keep the trust.
I prefer bitcoin because holding your gold wont make you rich what i mean is there is no changes in price and gold nowadays is having a low value
But bitcoin i think this would be higher than a platinum
Me too, bitcoin has already change my life so why would I change it, I believe I can maximize my income in bitcoin so I haveBut bitcoin i think this would be higher than a platinum
to hold it and continue supporting it so we will sell more supporters that would push the price upward.
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