Topic: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? - page 2. (Read 1610 times)
December 20, 2019, 02:57:04 AM
We know that Gold is the oldest form of Investment tool, It's been using for this purpose from the very early modern age, Not only that but also Gold is the most popular tool for various purpose, But when you say about the long term investment with a potentiality for a handsome profit then Gold should be substitute by Bitcoin because It's more potential for this aspect, I think Bitcoin is the latest addition for the investment purpose and Bitcoin could be the best option for the long term investment. I believe Bitcoin and Cryptocurrency will dominate in the coming future. so I choose Bitcoin rather than Gold.
December 19, 2019, 09:03:27 PM
in my opinion, I prefer bitcoin. can be used as a long-term investment. but if I am given gold, I will not refuse .. !!
December 19, 2019, 08:21:47 PM
If I myself choose both because gold and Bitcoin can complement each other's portfolio of investors to get more profit.
Indeed gold has better investment properties in some cases than Bitcoin. Because gold has a real physique while bitcoins are not all countries have real physical.
Indeed gold has better investment properties in some cases than Bitcoin. Because gold has a real physique while bitcoins are not all countries have real physical.
December 19, 2019, 05:27:10 PM
We all have different prospective regarding the investment , be it long term or short term.
Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.
Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.
So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?
Thanks everyone for taking part in this discussion.
in my humble opinion, using bitcoin is more profitable and the main reason for this is the exhaustible reserves of gold. Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.
Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.
So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?
Thanks everyone for taking part in this discussion.
December 19, 2019, 12:41:58 PM
Never invest 100% of your assets in any field. That is my investment principle, and so I will choose to invest both in the long term. In more detail, I will invest 60% in the cryptocurrency market and the remaining 40% I will invest in gold. This investment method will reduce my risk and help me be safe in the future if one of them collapses.
December 19, 2019, 11:35:32 AM
I would invest half of the available funds in bitcoin and half in gold.
December 19, 2019, 11:31:29 AM
We all have different prospective regarding the investment , be it long term or short term.
Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.
Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.
So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?
Thanks everyone for taking part in this discussion.
I think Gold was a good investment for the long term since the gold was a rare metal surely it could increase its market value over time because of the supply and demand for gold.Bitcoin has been the most amazing invention and has given massive return of investment for those who joined from 2013. From low point in 2013 to 20k in 2017, it has gone from one end to another end. Right now today its trading at $10461 per bitcoin. The prediction is with just 21 million maximum supply it will reach 1 million bucks per coin one day.
Gold has been one of the most popular investment for centuries. Every country or government be it in the past or present always prefer gold reserve over their own currency even to prepare themselves for financial meltdown. Right now GOLD is being traded at $1425/oz.
So my question is which one you would chose for your investment ? Which one you would chose to outperform the other ? GOLD or BITCOIN? Please tell us with a reason why ?
Thanks everyone for taking part in this discussion.
Bitcoin was also a good investment since it was since the market price was so volatile but still risky since there are so many delays in the market and the market price was also going down.
December 19, 2019, 09:20:09 AM
Maybe I will choose bitcoin for investment because the movement is very fast, so I can take advantage of the moment to buy when the price of bitcoin is down and then sell it if the price has gone up. Looks like it's really easy right?
Maybe for gold, I can only use it not for investment. Yeah I will buy gold, but it is a necklace or a ring to wear.
But whether it's really as easy as you said or not, I'm sure this is not because if taking advantage of bitcoin's dump and pump could be easy, many people would not have lost and felt bitcoin betrayed their lives right now, fast motion always has its drawbacks, so when we talk about long-term investment, I only half agree when talking about bitcoin while gold is a total agreement. Investment on the subjective point of view will have such an opinion but except from the nature of the investment, whether investment can become good or not, it should be based on the investor. Maybe for gold, I can only use it not for investment. Yeah I will buy gold, but it is a necklace or a ring to wear.
December 19, 2019, 09:01:54 AM
Pretty good question. The price of gold at this time is quite high, but gold will not lose value like bitcoin. If it was me, I would still choose to invest in bitcoin to make a profit. If gold for long-term investment should not be
I agree with you. In my opinion, gold is a great asset to preserve value. Bitcoin is an asset for active trading, long-term investment allows you to get a cool profit from this asset.
in the use of bitcoin or gold both have profit potential, gold is better for the long term and I already believe this while bitcoin in investments can be used for the long term and also the short term, depending on conditions and also its potential
December 19, 2019, 07:49:24 AM
Btw why no one consider real estate as a long term investment? At least it's your place on earth and you know real estates have huge value, you can rent it and get additional income monthly. I know situation in countries like USA and European ones where it's very, very hard to buy apartments + you have to pay taxes for owning them but in some countries where people are almost free from it, I would consider real estate better investment options than bitcoin and gold if we want stable monthly profit of course.
It's easy to speak from today's situation about bitcoin cause if anyone bought btc in 2019 and sold when price was 20K, he/she would profit insanely huge money and would easily become billionaire without almost any effort but it's almost impossible to catch best moments, that's a problem. Some people bought bitcoin in 2009 while others bought when price was 20K, you see a difference.
It's easy to speak from today's situation about bitcoin cause if anyone bought btc in 2019 and sold when price was 20K, he/she would profit insanely huge money and would easily become billionaire without almost any effort but it's almost impossible to catch best moments, that's a problem. Some people bought bitcoin in 2009 while others bought when price was 20K, you see a difference.
December 19, 2019, 06:57:59 AM
Pretty good question. The price of gold at this time is quite high, but gold will not lose value like bitcoin. If it was me, I would still choose to invest in bitcoin to make a profit. If gold for long-term investment should not be
I agree with you. In my opinion, gold is a great asset to preserve value. Bitcoin is an asset for active trading, long-term investment allows you to get a cool profit from this asset.
December 19, 2019, 06:55:39 AM
Pretty good question. The price of gold at this time is quite high, but gold will not lose value like bitcoin. If it was me, I would still choose to invest in bitcoin to make a profit. If gold for long-term investment should not be
I don't think it would be a great idea to think about gold losing its value, because for me, there's no way people would sell gold for cheap market price, it isn't like bitcoin that the market price solely depends on the demands that it has. My idea is like this, since they are both valuable, an investment could be backed by investment as well, so why not use Gold to back bitcoin up in the market? With this, the value of bitcoin will be even higher considering that a great asset is supporting it.
December 19, 2019, 06:53:08 AM
Pretty good question. The price of gold at this time is quite high, but gold will not lose value like bitcoin. If it was me, I would still choose to invest in bitcoin to make a profit. If gold for long-term investment should not be
December 19, 2019, 06:46:18 AM
In terms of liquidity, bitcoin is more useful to invest in. You don't need buyers to convert it to cash. In the future definitely it can be use as direct payment to our utility bills and other cash transactions. Gold is also good but most likely if you will exchange it for lower price. I prefer to have both gold and bitcoin to have options in the future. They are both good long term investments.
December 19, 2019, 02:49:53 AM
Maybe I will choose bitcoin for investment because the movement is very fast, so I can take advantage of the moment to buy when the price of bitcoin is down and then sell it if the price has gone up. Looks like it's really easy right?
Maybe for gold, I can only use it not for investment. Yeah I will buy gold, but it is a necklace or a ring to wear.
Maybe for gold, I can only use it not for investment. Yeah I will buy gold, but it is a necklace or a ring to wear.
December 18, 2019, 10:02:53 PM
I am depend on bitcoin because since then we can say that it was worth to invest here. I experience on how my money works to gain a profit from a lot of investment to get and to increase the value of my money. In Gold, it was only an asset and there has a lot of time before it would increase but the good about this was the sure profit that you've been.
Bitcoin is a great investment vehicle, while gold is an highly liquid asset that can be considered as tangible asset. There are many considerations that you need to identify first before you choose between the two. If you want safety of your investment then go with gold but if you want a high risk investment that you can gain big amount of money then go with bitcoin. December 18, 2019, 09:16:47 PM
One has a known total supply, it is divisible, easily spendable and already proven to have real use cases. The other one is just (a beautiful) ornament which most of people go crazy for.
I assume you know my answer
I assume you know my answer
December 18, 2019, 01:14:26 PM
At the moment, I prefer gold because it is growing steadily in price, but on the other hand, Bitcoin can quickly grow several times, but nothing prevents me from investing in both gold and Bitcoin
December 18, 2019, 01:11:09 PM
I am depend on bitcoin because since then we can say that it was worth to invest here. I experience on how my money works to gain a profit from a lot of investment to get and to increase the value of my money. In Gold, it was only an asset and there has a lot of time before it would increase but the good about this was the sure profit that you've been.
December 18, 2019, 12:21:35 PM
Depending on what our investment goals, if we are looking for investment safe answer to investing in gold. But if the goal
is to find profit the answer is bitcoin. As I invest to make a big profit, I prefer bitcoin over gold.Because the price of bitcoin
volatility, is make bitcoin more likely to result in faster and greater profits when compared gold.
is to find profit the answer is bitcoin. As I invest to make a big profit, I prefer bitcoin over gold.Because the price of bitcoin
volatility, is make bitcoin more likely to result in faster and greater profits when compared gold.
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