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Topic: Bitcoin or Gold? - page 2. (Read 1272 times)

hero member
Activity: 1302
Merit: 503
May 08, 2021, 12:45:19 PM
I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.
- You feel a lot of criminals will launder money here and not good for society but do you see the number of people filled with hope with bitcoin every day, hopefully they will be better or not, don't let a little bit of bad influence make you feel that bitcoin is not good for society, an event always has two opposite directions. Even if bitcoin is not recognized, it will still be the most interested in the investment sector, it is not a reserve asset, it is a great resource to mine, gold is just a sparkling metal with little volatility
sr. member
Activity: 784
Merit: 252
May 08, 2021, 10:20:46 AM
I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))
Everyone certainly has different ways of investing, I agree with your opinion, that those who choose bitcoin and gold can invest as needed. and each has its own risks.
member
Activity: 518
Merit: 33
May 08, 2021, 06:29:52 AM
Half Bitcoin and half valuable metals such as Gold is the best approach in my opinion, specially for long-term investments(more than 2-3 years).

Don't ever go all in one market no matter how much you believe in it as there always will be bear markets along the way and if you're well diversified in different markets such as stock market, crypto market and commodity market you won't find all your investment money stuck when one of them enter a bear market as you have money in other different markets as well.

In other words don't let your personal opinion about one asset decides how you invest and learn to always invest in a way that makes you least exposed to risk.

member
Activity: 1120
Merit: 68
May 08, 2021, 06:00:23 AM
The question of which is the better has been answered by itself. Just take a look at the folds of profits made by the holders of Bitcoin since the last five years and those that invested in gold at the same time.

The better investment between the two store of value is Bitcoin as at today. And it is believed that Bitcoin hasn't even reached its full potentials.
In the Shit Hits the Fan situation, I think gold will dominate though compared to bitcoin that needs electricity, gold can be a mode of currency. Maybe gold and bitcoin have their own merits and their values depending on the situation and in this case, I think that bitcoin wins this match.
full member
Activity: 532
Merit: 102
May 08, 2021, 05:33:17 AM
Governments of countries such as America and England have started to ask for user information from stock exchanges in recent months. This news may be a message for possible future taxes and restrictions. So, in the coming days, the danger of bitcoin falling is waiting for me.
full member
Activity: 1512
Merit: 115
May 08, 2021, 05:01:58 AM
Bitcoin has often been proclaimed to be "digital Gold" since it shares many similarities to the precious metal we know and love today. Yet, not everyone find Bitcoin to be quite an attractive store of value. Despite Bitcoin and Blockchain tech's success, Gold is still used as a sort of "hedge" against inflation. Up to this point, Gold's market cap is much bigger than Bitcoin's. Things might change in the future if popularity continues at an upward trend.

This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much Smiley
As a store of Value, I would do both. Even though I believe in Bitcoin and I also understand that it is more likely for my investment to double other a shorter period of time than my investment in Gold, I would still invest in gold just for its stability and has been a generation long accepted global store of value.

So tokenization of Gold, wouldn't that make it a cryptocurrency?
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
May 08, 2021, 04:24:17 AM
I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.
a good choice, gold is indeed recognized by the state, but if the bitcoin that you saved in 2018 and you sell it now then you will become a rich person and you can have a lot of gold, this reality of bitcoin has increased drastically in price even though the government has not legalized bitcoin.
member
Activity: 658
Merit: 10
Rangers Protocol
May 08, 2021, 01:24:27 AM
Both of them are very valuable assets and of recent, Bitcoin is performing far better than later. On the long run, I am of the opinion that the status quo will be the same
It may be opposite. Since the world now is slowly favoring Bitcoin over gold investments. Not impossible that in the we may be see Bitcoin over power gold in market cap and investment. Of course in the future digital investment will be the norm since the day is shifting into another dimension where digital is getting popular.
member
Activity: 573
Merit: 30
May 08, 2021, 12:18:22 AM
The question of which is the better has been answered by itself. Just take a look at the folds of profits made by the holders of Bitcoin since the last five years and those that invested in gold at the same time.

The better investment between the two store of value is Bitcoin as at today. And it is believed that Bitcoin hasn't even reached its full potentials.
member
Activity: 1162
Merit: 58
May 08, 2021, 12:01:27 AM
Bitcoin is gold) Digital gold! Regular gold is very far from Bitcoin! Therefore, the future belongs to bitcoin! Gold for beauty😅 Grin
Depend on what perspective are we talking about, because if this is about the instant use or at least assurance then we or I am for Gold because at least even in what time or wherever i am  this can be valuable asset and easy to release.

While for long term investing and for futuristic people then it is Bitcoin as a Digital gold.

So in chances we will decide depend on our preferences .

I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))
That will be appropriate of you are still not in deciding situation because if you really know what is bitcoin and what is gold, then you will choose between the 2.
full member
Activity: 756
Merit: 108
May 07, 2021, 11:02:20 PM
I think there is a solution for those choosing between bitcoin and gold. Divide your portfolio in half and take 50% bitcoin and 50% gold. This way you will be safe and diversified. That's all )))
full member
Activity: 1302
Merit: 100
May 07, 2021, 10:50:23 PM
I buy bitcoin to get rich, and gold to save my money.
Bitcoin and gold two very favourite , but compared with two gold is more important than bitcoin because gold already acceptance throughout the world but Bitcoin not. All central researve bank allow gold as saving liquidities.
full member
Activity: 360
Merit: 100
May 06, 2021, 05:29:29 AM
I will choose gold. Because gold is recognized by governments of all countries. Gold is the nation's reserve. There are many banks in the world that store gold. And Bitcoin is a virtual digital currency. Bitcoin is not recognized in many countries around the world. It is a place for money laundering criminals. Bitcoin is not good for this society.
sr. member
Activity: 481
Merit: 251
May 06, 2021, 02:28:44 AM
I buy bitcoin to get rich, and gold to save my money.
full member
Activity: 420
Merit: 100
May 05, 2021, 09:10:23 PM
Bitcoin is gold) Digital gold! Regular gold is very far from Bitcoin! Therefore, the future belongs to bitcoin! Gold for beauty😅 Grin
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
May 05, 2021, 11:25:45 AM
hard choice bitcoin and gold is investment in the long run. Big business people choosing bitcoin for their investment have seen bitcoin price change very big.
member
Activity: 1041
Merit: 25
Trident Protocol | Simple «buy-hold-earn» system!
May 05, 2021, 11:21:36 AM
I prefer bitcoin because you can buy it even for small capital and more secure than a gold. It's difficult to own a gold and not safe when you carry it like wearing a gold earrings or bracelet unlike bitcoin that only store in your PC or cellphone as long as you keep your private key and password safe, there's nothing to worry.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
May 05, 2021, 10:07:47 AM
Bitcoin has often been proclaimed to be "digital Gold" since it shares many similarities to the precious metal we know and love today. Yet, not everyone find Bitcoin to be quite an attractive store of value. Despite Bitcoin and Blockchain tech's success, Gold is still used as a sort of "hedge" against inflation. Up to this point, Gold's market cap is much bigger than Bitcoin's. Things might change in the future if popularity continues at an upward trend.

This makes me wonder, which of the aforementioned assets are better as a long term store of value? Is it Bitcoin, Gold, or both? Why do you think such asset is better? Do you think at some point in the future Bitcoin will replace Gold? Or will Gold eventually adapt itself to the digital era (tokenization of Gold)? Your input will be greatly appreciated. Thank you very much Smiley
In this matter I prefer Bitcoin as the best long term investment as it is secure and future proof. Gold on the other hand can be life threatening and can be robbed if you have it as jewelry. But other people want gold for reasons.
legendary
Activity: 3766
Merit: 1217
May 05, 2021, 08:59:49 AM
Gold are traditional, the new era are bitcoin and other cryptocurrencies, but we can use cryptocurrencies 100% right now, because as we know, many people in this world thinks that cryptocurrencies like a scam, and don't believe it. buy you know right now about the trust and the power of cryptocurrencies , we can see the price of bitcoin, ethereum, and other right now. i believe that cryptocurrencies are the futures

Cryptocurrencies can never achieve the level of trust that gold possess. Because gold is being used for investment for thousands of years. No other asset, including fiat currency, equity or cryptocurrency will be able to achieve the same level of trust. But the important thing to remember here is that trust doesn't always mean higher returns. Gold is more like a store of value now, with potential for limited returns in the long run. For higher returns, you need to invest in other assets.
full member
Activity: 616
Merit: 100
May 05, 2021, 07:12:45 AM
Gold are traditional, the new era are bitcoin and other cryptocurrencies, but we can use cryptocurrencies 100% right now, because as we know, many people in this world thinks that cryptocurrencies like a scam, and don't believe it. buy you know right now about the trust and the power of cryptocurrencies , we can see the price of bitcoin, ethereum, and other right now. i believe that cryptocurrencies are the futures
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