Topic: Bitcoin vs Gold? Which one you would choose to invest for long term? Why ? - page 6. (Read 1610 times)

A few months ago, I heard that scammers began to fake gold, and now there are fake gold bars in the gold reserves. This is really the problem of this asset, Bitcoin cannot be faked and blah blah blah. However, the gold is material, it is a necessary metal, it is a value. It seems to me that in the long run gold is more reliable and profitable than anything.

Gold for sure.I trust gold more than bitcoin because gold is the oldest store of value plus that god is trusted by most of the billionares out there so why not chose the most trusted type of investment rather than risking money to bitcoin if you really wanna profit

We can think of Bitcoin as a digital but stronger version of gold. Bitcoin is very new compared to gold. Bitcoin has much more potential when we compare it with gold. Bitcoin already started to get ahead of gold.

Definitely gold. It is a proven and effective investment. Gold market is regulated, while cryptocurrencies and Bitcoin itself still have problems with adoption. The importance of gold and its price only grow over the years, so I would invest in gold with no doubt.

No need to make hard choices. Just split your portfolio and get two of them or more. This is called diversification, it is for avoiding risks. Personally, I am a fan of bitcoin buy I might keep some others as well.

Of course, my sympathies are more for bitcoin, although my woman definitely prefers gold, and I'm not so stupid as to completely ignore her opinion.

But seriously, gold has something else to its advantage.

As a non-rich person, I would rather invest in Bitcoin than Gold, because with bitcoin you can have a small amount in our pocket. But Gold you can't buy the cheap you have, but at what price it is at the market for what you buy. Just think that for only $ 10 you can buy bitcoin but in gold, you can't buy that value. I mean I can say that bitcoin has no choice over who should buy it.

everyone has a different type characteristic. for people who believe on technology and ready to take a big risk with possibly high return valuebitcoin is the best choice, even though the risks are still high. because no one knows what will happen in the future. but for people who are realistic and don't believe in payment technology and crypto gold isn't bad either. Gold is accepted in all countries.

I can't agree with what you had posted. Bitcoin is not very suitable for short-term investment, as we have seen during the past 1-2 years. If you want good returns from Bitcoin, then you must be ready to hold on to the coins for at least three years. After the ATH was achieved in 2017, almost two years have passed and the prices are yet to recover to those levels.

Bitcoin and Gold are both great for investment and they have their own purpose. Gold is good for long time investment because the stability and the physical value than Bitcoin. If you are doing a short time investment then I truly suggest that go for Bitcoin especially for its ability to have a higher value on a limited time.

These investments are different... gold is something that will always retain value and due to it's scarcity and increasing use, it will tend to rise in price... it is more of an hedge...
Bitcoin, although it has been a really good investment on the past years, has a track record of serious fluctuations and as it is something new, it has an unpredictable future...
I would have to invest in both, splitting my investment into 2 risk classes 

I will go all in for gold.Why?gold is very well established store of value ever since the old days.I trust gold more than bitcoin because bitcoins is still an online commodity.Theres a high chance that bitcoin will die out in the future.Plus that even tho golds value is slowly increasing through years its price growth is sure compared to bitcoin.

With the high volatility of Bitcoins because it's a new currency and it's unpredictability, it would be safe and wise to invest in a stable and secure commodity like gold, because I have noticed that whenever stocks and other investments tends to fail massively, everyone seems to fall back on Gold to help reduce their losses.

Why would you choose one if you can invest on both? Since both of them have a large price amount it is good to invest on bitcoin and gold. In case one of them drop who have the other option.

Bitcoin will increase in value by 10x or more over the next several years.

Gold will increase by 5x at the most.

Easy decision right.

Gold is the best pick for investment though it could change soon. Although Gold is a smart investment asset due to its real value and historical reliability, BTC is also starting to become an option worth investing.
I’d keep a small amount both in my account since these two have great rising potential. 

Feds cut the interest rate, increasing fears of new recession.

US economy has been on a 10yr bull run without a major correction. Last recession was in 2008, and we didn't hit bottom until around 2010 when things finally started to rebound. And it still took another 2-3 years before economy really started to pick itself up and shake the dust off. Of course, the catalyst for that collapse was the bank-loans-for-housing scandal. What will be the catalyst this time that pushes us over the cliff?

Watch the price of gold closely. It's been pumping since the beginning of the year. Why? Because the big institutions know what's coming.

Pull up a chart of gold between 2008-2012 if you want to see what the price of gold does during a recession.

No telling what crypto will do. Most think it will pump, but honestly, nobody has a clue as this would be the first real recession during crypto era.

From what I can deduce from your points here, you are indirectly advising us then to go for the two because they bit have a very bright future, and good thing is that both serves as digital assets too and gold can also be used as payment same way as bitcoin, just that bitcoin comes with a decentralized payment system while gold is fully decentralized.

For investment, best to just be a part of both, but for payment and utility, I think making use of bitcoin is much more better, because it makes it cheaper to transact business, while gold maybe more expensive and one other thing I see with gold is that it is also highly volatile too, the price of gold could crash at any time, leaving the investors to sell cheaper than what they bought since they use it as store of value and will always need to sell it for something.

Bitcoin is the representation of all things crypto. If you invest in Bitcoin, it is an investment into the cryptocurrency industry - including Ethereum, Monero, Ripple. And I don't think innovation in this space will die down.

Gold, because we know 100% gold will be used in the future, all our tech in space will need gold.

Something better will replace bitcoin in the next 10 years.
Something where everyone makes the supply at the same rate.
Something where every participant is 1 vote on the network instead of the rich controlling the network, everyone will, 51% attacks will be deleted.

Gold will be needed for sat`s, computers and spaceships, bitcoin will not.

I want you to take a look at history as it tends to repeat itself.

“Paper money eventually returns to its intrinsic value -- zero.”
Bitcoin is not a paper money, but it`s intrinsic value is 0, it will return there someday, along with the USD and other fiats.
Actually bitcoin`s intrinsic value is a negative same as fiat money on paper.

Commodity money like Gold will always have value, for itself is the value.

Expect my new creation to replace bitcoin and fiat money, I am about to release my project in 2 months It should be ready for public use.
Everyone will create the supply via Duration at the same rate and it will be backed by time. You won`t even need a good computer to obtain it, or a computer. You will just need to register on a public computer or phone.  I will issue a card to you for free when that is done.  You won`t even need a phone to obtain or use it.