Topic: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? - page 4. (Read 1610 times)

It's quite hard to invest on gold knowing the fact that you need to secure it in a very secured location. Unlike in storing bitcoin, what you need is to secure your funds through your wallet address and private key. Another thing is when you are spending the money in emergency matter, bitcoin will be easily accessible, unlike the physical gold that might need more steps to be even withdraw.

Well, I would prefer bitcoin because I can see clearly with my two eyes before I think it's 2 years ago that bitcoin price reaches $20k but rapidly drop down as well. So when in terms of investment the best choice is those highly volatile so that you can earn through the price movement.  If I'm an early investor in bitcoin a lot at that time maybe I am a millionaire right now so I would prefer bitcoin rather than gold.

If for now I have to choose bitcoin to invest because now the price of bitcoin is quite stable and if bitcoin is easier to sell, but I cannot answer your question for now because it is a difficult question for me to choose between bitcoin and gold because of bitcoin and second gold has limited inventory, so bitcoin and gold can be used as assets for long-term and short-term investments.

so you are still saying that bitcoin is a bad option due to its high risk but its also high reward so its still reasonable at all from the views of other investors  .

 i will also choose bitcoin like you because i find it easy to get one or to get started with it but i am not experience to invest my self a gold ( gold bars ) because i feel that its not easy to find and buy one  . i find it risky also due to its physical form where you need to carry it around  .

Personally I would choose Bitcoin, but it doesn't mean that gold is a bad idea. Both could be profitable. I need to say that cryptocurrencies are more risky and less safe than gold. Recently, I've seen great article about that, I'll leave it here: https://buycoinnow.com/blog/what-is-a-better-investment

Even if the physical aspect of gold is very satisfying and numismatics is a very beautiful science that allows us to understand a little better the history of our country, I think that progress is forcing us to invest in Bitcoin, whose advantages over gold are undeniable... And then, apart from speculation, nobody invests in gold anymore today, the growth potential is ridiculous!

Undoubtly gold has more stable and increasing income but the return is very low compared to the time.Like we can say that the prices slightly increase over a year and on the other side Bitcoin is a risky venture to invest but the growth is very fast and returns are high.But as we know high risk high profits.So you should counter your risk by investing in both say 60% in bitcoin and 40% in gold.But you must have patience as both are long time investments.

In ways that are many, gold is the special metal counterpart on the bitcoin. Just like the bitcoin, gold should be acquired through mining. Nevertheless, while gold is acquired through bodily mining, bitcoins need to be "mined" virtually via the decoding of unique computer encryptions. Another similarity is the fact that both gold & bitcoins are only offered in quantities that are limited. It's believed that there's around 171,000 metric tons of yellow in the planet, even though the Bitcoin product will just be in a position to produce and help support a maximum of 21,000,000 bitcoins until additional technical developments are made. Given such parallels and their personal market activity in the last several years, it's clear why many think that bitcoin may eventually change gold in terms of value. Nevertheless, in spite of the evidence, there are a variety of explanations why this shift is not likely to happen. The very first reason that the bitcoin won't ever change gold is since it also poses a good deal of fiscal risk. Despite its recent peaks in market worth, the bitcoin will continue to feel considerable price fluctuation which usually leads to losses that are substantial. Moreover, both the viability and also the future of the bitcoin have still to become determined, leaving many buyers leery over the the protection of the virtual savings within the event which the system gets terminated or even obsolete. With that anxiety and instability surrounding the bitcoin, it's not likely it is going to generate the consumer base to match, less surpass, yellow as an investment advantage. Another main reason that the bitcoin is not likely to change gold as an investment advantage would be that the system has yet to attain complete status as a genuinely "universal" and genuine form of currency. Lots of nations, like Germany, Norway, Russia, France, Korea and Thailand, refuse to make use of the bitcoin for fear of possible damage. Actually, several went as much as making it unlawful in the country of theirs. In comparison, there is not a nation on the planet which would dismiss the importance of gold, less prohibit its use. Thus, until the bitcoin is able to achieve exactly the same global amount of authenticity & endorsement that orange has, it won't ever be in a position to change gold as an invaluable product. The last purpose that the bitcoin is not likely to surpass gold as an asset commodity is the fact that gold has regularly demonstrated symptoms of recovery since it plummeted by twenty eight % in 2013. Lots of people presumed that the unexpected fall in gold's market value was a sign that it'd lost its status as a secure investment choice. Nevertheless, a selection of signs, like the increased the increase and debt-to-GDP ratio in the cost of mining, claim that gold won't just overcome the fall of its, though it is going to continue to flourish as a preferred investment commodity. So, provided investors think that gold is able to create profits, they are going to continue to give up any other likely replacements.
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Looking at the possibility in their profits earn during investment, bitcoin will be the most risking investment compare to gold, reason be that; the volatility of bitcoin is very high than the gold, your invest tied to bitcoin depends on the movement in bitcoin and when there is a dip, there will be a huge lost compare to investment in gold. Also, as bitcoin investor you must be patient to hold your worth till the rise in it price. The two are good investment platform with risk involved.

Practically I will go for bitcoin on a long-term investment method rather than gold. Personally I have tested the two and found that; bitcoin us more value on a long-term investment than the gold. Gold is a good investment for long-term but cannot be compare to bitcoin.

Currently the price of gold has fallen deeper than that of bitcoin, bitcoin still be able to withstand many odds to stand tall in the face of the bears.

in the long run I think gold is very good, but for very fast price movements it might be won by bitcoin but the risk of bitcoin does have a very high risk, this is what makes many investors more careful when they want to invest in bitcoin .

If we have to compare gold and btc in the longтepм, there is smaller risk in investing in gold. By btc there is a risk of deflation, but the chances of winning are higher as well. If you know how to handle with btc, then you have to invest in it.

Gold and bitcoin have different ways of moving and both are very good for investing, the price of gold is expensive but stable and bitcoin is very volatile and the price can exceed the price of gold.
and I will choose both of them to invest in the long term with the method when I benefit from the results of bitcoin, a small portion of the profits will be used to buy some gold in stages.

I would choose Bitcoin to invest in the long term. Despite being much newer than gold, Bitcoin improved itself substantially just in 10 years from the start. It shows us that it carries a very big potential in it. So, I think that investing in Bitcoin rather than gold is a wiser move.

Well i am supporting bitcoin since 2016 and i will not stop supporting and investing on bitcoin as long as i have money, even gold is also a good investment i am more confident that investment on bitcoin will give me more amount of profit in the future especially when btc price will increased again up to $20k.

I think it depends on the person but me personally I think I invest on both. Both have its advantages and disadvantages. The good thing about gold is that you cannot lose money because as time passes by, its values only increases but you can only felt that on a long term. I'm bitcoin you can earn so much overnight but you can also lose so much. I think in a long term gold has the edge but I invest on both.

I preferred to invest Bitcoin over gold because now it has a high value which is very good because a lot of people will benefits on it as long as you'll hold it, the more profits you will get because day by day Bitcoin get's stronger. I will choose Bitcoin as my long term investment and also gold for short term investment I guess this is pretty good idea.

I prefer bitcoin over gold. Today Bitcoin has grown to become the most popular digital currency. So that bitcoin is more potential to provide greater profits than gold. With a limited amount of only 21 million coins in the world. Will make the price of bitcoin increase with increasing demand for bitcoin. While the amount of gold cannot be estimated with certainty because until now gold continues to be mined.

Bitcoin is just for short-term, high risk, high reward investment. If you're aiming for long-term investments, I would go for gold. Some reasons include but not limited to: Gold's price is more stable and is most likely to increase in price since its supply is limited, Gold is something tangible while Bitcoin just exists in the digital world, and you'll be likely to sell your Bitcoin earlier since price dips would drive your emotion and destroy your hopes of long-term investment.

 I share a similar topic, which I developed in my local Spanish forum, it is interesting that you can see the valuable opinions of my colleagues.

https://bitcointalksearch.org/topic/peligra-la-economia-mundial-muchos-estan-comprando-oro-5179419


I believe that Gold is very stable and it is the most sought after history, it cannot be compared with BItcoin, Bitcoin is 10 years old, Bitcoin has a lifetime, in time immemorial the payment method was through gold.

The only thing comparable between Bitcoin and Gold, is that both represent money, and to have a complete diversification it is of high priority to have gold, as an alternative option that can be used before any event.