Topic: Bitcoin or Gold? - page 6. (Read 1272 times)
Gold is for who already has a lot of money and wants to store its value safely from inflation, since gold is a stable asset. Bitcoin is advisable for who wants to make profit over their investments, not being necessary to have a lot of money to start investing in a worthful way. Thanks to the volatile nature of bitcoin (that seems to always push the price up on long run), the profit percentage made is much superior to gold investments, being perfect for small investors who are also trying to avoid fiat value depreciation. Actually, to escape inflation is the main similarity and benefit of bitcoin and gold.
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Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
on the other hand, the volatility of BTC is very high, the price can go up at any time and it can also go down just because of rumors or bad news.Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
see? gold and BTC have their advantages and disadvantages.
I am a neutral party, I choose to invest in both of them so as not to miss the opportunity and keep my assets safe. at 50:50, it's a pretty fair choice.
every time, comparing which one is better between gold and BTC will be endless. whereas, instead of arguing over it, it is better to take advantage of both
.GOLD in the Hand is your Friend
BTC is the 'bird in the bush', every cave man knew a bird in the hand had more value than a bird in the bush.
Now scammers can sell you paper certificates proving 'ownership' of the bird in the bush.
Problem with Gold vs Bitscam is your comparing real versus un-real; It can't be done, as the real is what it is, and the un-real can be anything the bullshitter says it is
Like long ago people were killed over "How many angels can dance on the tip of a needle", the question caused bar-fights and hangings. There is never a 'right' answer to a stupid question.
GOLD is an insurance policy. Simple, buy it forget it, hide it.
BITCOIN is a lotto ticket, buy it, HODL, cross your fingers.
Done, nothing more to be said.
Trade bitcoin, lose all your money, unless you ran an exchange where you can rob people legally. Same for GOLD, trade GLD you lose, because the house always wins.
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Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
on the other hand, the volatility of BTC is very high, the price can go up at any time and it can also go down just because of rumors or bad news.Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
see? gold and BTC have their advantages and disadvantages.
I am a neutral party, I choose to invest in both of them so as not to miss the opportunity and keep my assets safe. at 50:50, it's a pretty fair choice.
every time, comparing which one is better between gold and BTC will be endless. whereas, instead of arguing over it, it is better to take advantage of both
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100% bitcoin.
It has all the desirable characteristics that gold holds. For instance, it has a limited supply (which is completely democratised and not manipulable by large corporations, mind you) just like gold which makes it a good long term store of value.
However, BTC's ability to function as currency is where it distinguishes itself from gold or other precious metals. It's no secret that gold and silver are cumbersome as a medium of exchange even though they are a good long term hedge against inflation and fiat - BTC resolves both the high transportation costs as well as the storage costs associated with that, making it much more accessible to the masses.
It has all the desirable characteristics that gold holds. For instance, it has a limited supply (which is completely democratised and not manipulable by large corporations, mind you) just like gold which makes it a good long term store of value.
However, BTC's ability to function as currency is where it distinguishes itself from gold or other precious metals. It's no secret that gold and silver are cumbersome as a medium of exchange even though they are a good long term hedge against inflation and fiat - BTC resolves both the high transportation costs as well as the storage costs associated with that, making it much more accessible to the masses.
Bitcoin is a very valuable digital currency, investing in the long term can benefit a lot by learning from the experience of 2018 and until now gold is one of the most valuable assets in the real world and the benefits of gold can also be stored in the long term. I think both are equally important and I will probably save both of them for my savings in the long run.
I think you are right that both are equally important. But for me, I will probably save Bitcoin more compare to gold. I know gold is one of the most valuable assets in the world but I'm not sure where I can keep it. I just feel it something that can easily taken away from me. But surely I would love to keep some gold too. I will save more Bitcoin because I'm believing that it will grow more in the future. It would be good savings in the long run. 
Both are good to have and can store value and can save wealth from the threat of global economic recession.
bitcoin is dubbed the digital gold and investment nowadays, and some experts even call bitcoin investing a better return than investing in gold and also very safe and convenient in storing and using it.
Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
bitcoin is dubbed the digital gold and investment nowadays, and some experts even call bitcoin investing a better return than investing in gold and also very safe and convenient in storing and using it.
Which one is better and more profitable, bitcoin is much better and more profitable than gold and also makes profits faster than gold which is stable in value.
for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
You are more progressive than most people in this forum to be honest because a lot will put everything in bitcoin, sure it will be good at first but you have to slowly diversify along the way so when you have a steady stream of income and one of them goes down, you don't have to worry because your portfolio is robust. To summarize, bitcoin is a good starter but you also have to consider other types of investment to diversify.
Gold is still a preference for lot of people who wants to invest their money instead of savings in banks which have minimal interest rates of 7-8% annually.If you have risk taking capability and want to invest in some capital guarantee investment then gold is first option for many people.But if you want high profits and want to enter into trading market then Bitcoin and altcoins is best option for you because you can make huge profit with less investment.
Bitcoin has gained more than 62000% in past 12 years and have reached its ATH of $64k in this year.
Gold average prices in 1990's was $335 and now they have gained and now trading at global level at $55k.
So you can imagine yourself what investment is best for you and if you can try to diversify between both then surely go for 60-40% rule for Bitcoin and Gold respectively.
Bitcoin has gained more than 62000% in past 12 years and have reached its ATH of $64k in this year.
Gold average prices in 1990's was $335 and now they have gained and now trading at global level at $55k.
So you can imagine yourself what investment is best for you and if you can try to diversify between both then surely go for 60-40% rule for Bitcoin and Gold respectively.
It's always interesting when we discuss Bitcoin vs Gold. both have similarities and are always compared to compare. in fact, everyone would want to have both at once 
who have bitcoin is definitely limited because not everyone is involved in it. but gold as we know it is everywhere and is used by anyone who can buy large quantities or not.
who have bitcoin is definitely limited because not everyone is involved in it. but gold as we know it is everywhere and is used by anyone who can buy large quantities or not.
Of course bitcoin will the best option when it comes longterm but as usual not safe unlike Gold wherein despite of hedge against inflation still secured and convenient even long term.. And also taking Gold place? For me bitcoin will stay as is what its now, although it always makes way to become valuable than other assets, still there's no way it can replace such thing especially if the government are involved behind in my opinion.
If you don't mind to keep your money for a longer period without the need for it. I'll suggest investing in BTC since investing in it will change your li=fe in a 3-5 years span. Just imagine when you were able to invest in that era where the price only costs $500 for each BTC and you open your wallet today. I think you will not gonna feedback that would make the others discourage investing in BTC rather than gold. As for me, after the BTC market finally holds its price anywhere at the bottom, that's when the time to invest again because it will surely rise again because of its popularity.
The value of gold is usually less volatile. If you like stability, I think you should choose it. In contrast, bitcoin is suitable for those who are adventurous because of its volatility. The value of bitcoin can be very high, but can also be very low depending on the time. Right now, bitcoin is very popular all over the world, but I don't think it can replace gold yet. People still value gold as a good reserve asset, and it also has value for jewelry
for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
You are more progressive than most people in this forum to be honest because a lot will put everything in bitcoin, sure it will be good at first but you have to slowly diversify along the way so when you have a steady stream of income and one of them goes down, you don't have to worry because your portfolio is robust. To summarize, bitcoin is a good starter but you also have to consider other types of investment to diversify.
Bitcoin if you're looking for a higher return on your capital.
As a cryptocurrency user, I can say that Bitcoin is many times better than gold. Those who have now invested in Bitcoin rather than gold have become millionaires. However, apparently Bitcoin will be much more valuable than gold when all the countries of the world will simultaneously recognize Bitcoin as an acceptable currency.
for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
It is always to be good to have both, for me I would used gold as my long term investment and will definitely used bitcoin for a short term investment and trading. Both are valuable to be honest, and both are a good asset too so why not having the two investment and asset if you could have a chance to have both right.
both are investments in the long term, now you can choose if you have a lot of funds, you better choose to invest in bitcoin, but if you have minimal funds you choose gold investment and save in the long term you will benefit.
Which I am exactly emphasizing, both are a good investment but the good return of investment was all on your hand now, it depends on how you make it grow or make it valuable.
for myself, I use both, so bitcoin is useful as a profit generator and gold is used for asset storage. why is gold used to store assets? yes because I believe gold has not decreased in price, but will increase even though slowly and gold in the future will still be needed
there are some disadvantages and advantages of the two assets above but if I was asked to choose I would certainly choose bitcoin as the asset I have. although bitcoin is fluctuating compared to gold and is more relatively new but bitcoin I feel has more prospects when looking from the last 10 years.
i'm not saying gold is ugly but i prefer bitcoin now
i'm not saying gold is ugly but i prefer bitcoin now
both are investments in the long term, now you can choose if you have a lot of funds, you better choose to invest in bitcoin, but if you have minimal funds you choose gold investment and save in the long term you will benefit.
Both assets are good, they are both different but they have good similarities, a normal person will still choose to invest with bitcoin as this is the common asset we have know, bitcoin is still not familiar on some other people in different countries so basically they wouldn't mind bitcoin over gold, I cannot choose between two because they are both good, I want to invest on both assets, gold is also good especially if you are going to invest it and keep it for a long term, you may also make it as a gift to your future children. Cryptocurrency is also good as this is really good for investment purposes, you may also transfer bitcoin to other person faster than gold.
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