BTC or Gold Investment? - page 10. | Bitcointalksearch.org

Abiky

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Quote from: Slow death on August 01, 2022, 02:43:58 PM

bitcoin and gold are very different and this has been discussed many times. if you are looking to make a big profit after years then choosing bitcoin is the best option but you have to keep in mind that you are also at high risk of losing money. in short: bitcoin = high risk = high profit or loss depending on the time you buy and hold

in the case of gold, it doesn't even fluctuate much throughout the year, that is, you have to have a lot of capital and patience to profit from gold in this small fluctuation. Can you imagine staying 1 year to have a profit of less than 5%? I don't see much advantage there

Of course. The higher the risk, the higher the reward will be. For many people, Gold will be the store of value of choice because it's relatively stable. Fluctuations in price are very low with Gold than with Bitcoin itself. However, you can't expect to make a lot of profit just by holding Gold in the long term. That's where Bitcoin comes in.

If you play your cards right, you may be able to use the profits earned from Bitcoin's fluctuations in price to buy more Gold. Rinse and repeat. This will allow you to become financially stable, even if inflation continues to grow at an unprecedented rate. Just remember to never invest more than what you can't afford to lose, and you will do fine. Just my thoughts Grin

vittosport

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Quote from: Paul Pogba on August 06, 2022, 05:07:19 AM

I think investment must be wise, if we have a target for profit then we must always follow the latest trends and developments, and for trends since the last 5 years bitcoin is the best choice, there are many millionaires from bitcoin and the time is right if we invest immediately.

Until the start of the first week of August 2022, Bitcoin was documented to have fallen more than 65 percent below its peak price in November 2021 at $69,000. Now, the market conditions are still striving to recover and have not been in a steady upward trend.

Paul Pogba

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I think investment must be wise, if we have a target for profit then we must always follow the latest trends and developments, and for trends since the last 5 years bitcoin is the best choice, there are many millionaires from bitcoin and the time is right if we invest immediately.

Ihugbogo

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No matter how many times btc and gold question is being asked, I will forever choose btc over gold. Btc has a limited supply gold don't, the price of Gold can devalue as long as more are still discovered.

erep

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Quote from: coinerer on August 05, 2022, 11:31:24 AM

If we think about long term investment and if we can take risk then I think bitcoin will be a better choice. But if we want to safe investment and we wouldn’t take any risk then gold will be a better choice. Investment will depend on one's thinking

Even though investing in crypto is high risk because of considering ROI then they will not want to miss the profit opportunity of Bitcoin investment, so I think comparing Bitcoin and gold for price stability will never be the same, but I have the highest investment in crypto but also have gold for long term profit long.

Desscount

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Quote from: Freddie Boyer on July 21, 2022, 08:45:15 PM

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

investing in Bitcoin in my opinion is more risky than gold, and I do recommend 30% in Bitcoin and 70% in Gold,
because Bitcoin in my opinion is still very worthy of long-term investment, but indeed we must minimize the risk

juanda

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Quote from: Freddie Boyer on July 21, 2022, 08:45:15 PM

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

I think investing in gold is better than bitcoin. and gold has better potential in the future because the price of gold continues to increase all the time, while bitcoin only goes up when the market is in a bull trend and when the market is in a bear market, bitcoin will go down. so it's better that gold tends to increase every time.

coinerer

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Quote from: goinmerry on August 05, 2022, 11:12:08 AM

I think we shouldn't mind the ROI but just maintain our good winning stats once we considered either BTC or Gold Investment. Thinking purely about ROI might just be a distraction to us. Focus first on how we will be successful at these investments and eye on the long-term.

Put some seriousness too if we decided to take these both as investments. One thing is for sure, both are profitable but in the end, we should not just rely on their market volatility and big value in order to make profits.

Our own strategy that will apply to either of those plays a critical role in our success.

If we think about long term investment and if we can take risk then I think bitcoin will be a better choice. But if we want to safe investment and we wouldn’t take any risk then gold will be a better choice. Investment will depend on one's thinking

goinmerry

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I think we shouldn't mind the ROI but just maintain our good winning stats once we considered either BTC or Gold Investment. Thinking purely about ROI might just be a distraction to us. Focus first on how we will be successful at these investments and eye on the long-term.

Put some seriousness too if we decided to take these both as investments. One thing is for sure, both are profitable but in the end, we should not just rely on their market volatility and big value in order to make profits.

Our own strategy that will apply to either of those plays a critical role in our success.

maartenhaha

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Quote from: Freddie Boyer on July 21, 2022, 08:45:15 PM

To me both look good, investing in gold first or BTC later, but I'm confused by the current market conditions especially in terms of ROI, who is the fastest to move on?

A very complicated choice because both are good assets to hold in the long term, if asked to choose I choose btc because my btc investment can take big profits compared to gold and I am also ready to take the risks that I have to bear.

ItsCrafty

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I'm just going to speak about Bitcoin here. The fact that it is permissionless, decentralized, and they're only be 21 million coins. The fact that you can carry it over borders with a seed phrase memorized in your head. If held properly it cannot be confiscated. And the fact that all Fiat currencies fail. If enough people agree it's a store of wealth. It is the currency of the future. No person or country can be excluded. A few reasons that I can come up with off the top of my head.

Shamm

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Quote from: Natalim on August 04, 2022, 08:33:26 AM

Quote from: S
hamm link=topic=5407203.msg60686256#msg60686256 date=1659615359

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.

Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

There are many people who invested gold first then they sell it because of the reason they switch to invest in bitcoin. And yes without a doubt investing bitcoin is more profit than gold even though Bitcoin is volatile but still trustworthy enough to be invested. But it depends on the investor is where he/she are comfortable to invest with. But for me it's better to have golds and also investing in bitcoins.

Fredomago

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Quote from: Natalim on August 04, 2022, 08:33:26 AM

Quote from: Shamm on August 04, 2022, 07:15:59 AM

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.

Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

And that's reality, there are conventional investors who use gold before for investment that is now moving to crypto, after seeing the series of events where crypto pump and bring a huge amount of profits to those who take the risk, Everything should be accompanied by knowledge before you take side in whatever investment you choose. There are different point of views but the main goal is to earn either in a short span of time or in a longer time frame.

WeedGoW

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Quote from: Kadal Ijo on August 04, 2022, 05:58:34 AM

Quote from: tjtonmoy on August 04, 2022, 01:39:46 AM

Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.

Gold is a traditional investment that has been used thousands of years ago and will last for the next thousands of years, despite the very high profit opportunities from cryptocurrencies, the best and safe thing is to share investment into many places, and gold is the safest and most profitable investment.

Of course, gold has to have a stable price. Why would anyone wants gold, the most important means to maintain the asset's worth lost and its ability to do it is beyond me. Have they been addicted to crypto's volatility that they also want gold to be the same? Do they want stable coin volatility too? Same logic behind this thread's topic. What would you want? Chance to be rich with Bitcoin's volatility but in a good way, up in years later or maintain your richness by the stable of gold?

peterpanda

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Quote from: bonyaserg on August 04, 2022, 01:23:30 PM

For me, investing in cryptocurrencies has become the best option for generating additional income. And cryptocurrency is always in the cryptocurrency market has more chances to make a profit. And if we talk about gold, then this is a long-term investment with which you need to wait a long time for profit. And that's why I prefer to invest in cryptocurrencies. Where there is an opportunity to make a profit in different ways.

Personally, I am buying both gold and crypto. The value of gold is increasing rapidly and in my opinion, it has low risk. On the other hand, crypto is giving high profit but the risk is is also high in crypto. So, it is better to buy both gold and crypto.

bonyaserg

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For me, investing in cryptocurrencies has become the best option for generating additional income. And cryptocurrency is always in the cryptocurrency market has more chances to make a profit. And if we talk about gold, then this is a long-term investment with which you need to wait a long time for profit. And that's why I prefer to invest in cryptocurrencies. Where there is an opportunity to make a profit in different ways.

Natalim

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BTC to the MOON in 2019

Quote from: Shamm on August 04, 2022, 07:15:59 AM

If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.

Many are able to sacrifice their gold for Bitcoin, they sell their gold assets in order to start investing in Bitcoin and the reason is that they believe Bitcoin could give them more compared to Gold. I'm not going to say it was a wrong idea but it was a breathtaking decision that ever made. Because it was to know that this crypto investment is riskier than Gold but somehow, it was to notice that this is more profiting making some gold investors leave and move to crypto.

Shamm

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If you are planning to invest then it's good to have these two but in my situation I share it to you before I invested bitcoin I'll buy first earings, bracelet and necklace made of gold which means I invested the gold first before Bitcoin because in the long terms gold can give me profit. Also I buy bitcoin because of the reason I want to earn even though bitcoin is volatile and we can not predict the price is going high or low.

Kadal Ijo

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Quote from: tjtonmoy on August 04, 2022, 01:39:46 AM

Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.

Gold is a traditional investment that has been used thousands of years ago and will last for the next thousands of years, despite the very high profit opportunities from cryptocurrencies, the best and safe thing is to share investment into many places, and gold is the safest and most profitable investment.

tjtonmoy

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Gold's price doesn't move so much on the market as compare to BTC. If you can gain good knowledge on crypto market, then BTC will be the best choice. You can take advantage of market's movements. But Gold is a long term investment plan. You keep it there and maybe your next generation can make profits from that investment.
For me, It is good to have both, but the question is, which one is wise to choose first.

Topic: BTC or Gold Investment? - page 10. (Read 9185 times)