BTC or Gold Investment? - page 17. | Bitcointalksearch.org

yazher

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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?

If you are planning for long term holding, I suggest to consider buying bitcoins these days because of the current price and you might not get any good offer other than these days. When it comes for gold, you really need to have a backup financial support because if you intend for decent profit with gold, you might need to hold it longer than bitcoins.

Altryist

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Both options will be win-win in the long run, only I think that bitcoin will be able to grow more compared to gold. Even from today's price, if bitcoin returns to its ATH, it can grow 3 times, but I'm not sure that gold can rise in price as quickly as bitcoin, although in the long term it will still rise in price. It is necessary to divide investments, in what proportion it is up to you to decide.

Johnyz

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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'm still new with the Gold but I can say based on its price movement and price history, Gold is more consistent and less volatile though the price pump is not that fast compare to Bitcoin. BTC is highly manipulative, there's a lot of whales playing with Bitcoin so if you are wise enough you can have a faster profit with Bitcoin. Though both are ok, for me BTC is still the best since you our technology continues to grow, BTC is more updated and its more flexible.

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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?

Now this reminds me of something Grin

I've never tried investing in gold. I may not even having plans to invest in gold because I am more into investing towards cryptocurrencies like Bitcoin. This is the only crypto I have right now that I am doing DCA (dollar-cost averaging).

If my wallet isn't hacked back then, I could have still hold a decent amount of Ethereum where I've bought it below $200.

Hypnosis00

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If you can afford to take higher risks, then reconsider Bitcoin as your choice. It can be known as a long-term profitable investment.

But if you are afraid and need security, then make your way by choosing Gold over Bitcoin as it will surely give you peace of mind.

You'd just to know yourselves what is really you wanted to happen in the future. You can decide based on what you understand, not because someone is telling you as might their/our opinion can be wrong.

tbct_mt2

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Not first not later. It depends on what you are looking for. Higher ROI or a bit safer in both short term and long term.

Bitcoin is safe in long term but it is less safer than gold in short term.

Bitcoin can bring higher ROI for investors than gold in long term.

So what you choose, it depends on your favorite and what you are hunting for.

passwordnow

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

To me both look good

Both really look good to have.

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

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?

Gold's movement is sort of stable whilst bitcoin, it's very volatile. If you're thinking about ROI, you should look into those assets that have stable movement with their value rather than getting into a risky one like bitcoin, so, if it's the choice then go for gold because you can calculate how much you can potentially have for the ROI. And for bitcoin, you don't know when it will pump and when you can get your ROI.

Questat

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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?

If you ask me, I will choose Bitcoin over Gold. Why? That is because I'd see a huge profit potential with Bitcoin and I can make it not too long, unlike Gold which it never grows fast. And the other reason is that I love the volatility of the market which makes me easy for me to trade and earn.

It might be confusing and I understand that but make yourself clear first and do study the market behavior to stop that. Never rely on others' opinions as it was you who could decide just be sure that you are ready enough to accept the consequences of investing.

icalical

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Gold is more a saving than an investment, if you compared the gold price to a fiat money sure it increasing, but it's because the inflation, so actually not the gold price is increasing but the value of the fiat money that is decreasing. If you want something that has less risk, and safe you when the inflation happened, gold is good option, but then again the basic law of low-risk low-rewards apply you will not get much money out of gold. Bitcoin will be good if you have some money laying around, you have all your needs fulfilled, buy bitcoin and just left it on your wallet for next 5-10 years.

ultrloa

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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?

Don't look for fastest way to earn profit but rather look at the opportunities that can possibly bring by multiple investment option so for this I'd rather choose both since they are really a great investments to take. Because you can earn a profits on short term or long term with bitcoin as well with Gold which is for long term.

tvplus006

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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?

Considering the fact that you have registered on the Bitcointalk forum, you are interested in investing in bitcoin and want to understand this issue. But since you are afraid of high volatility, you can spend part of the money on buying gold, thereby diversifying the risks associated with investing in BTC.

danherbias07

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Bitcoin - my choice.
Gold (physical) - my partner's choice. Grin

It depends on people. Others are still embracing the fact that it should be physical to say it's real. (investment or other things)
When I learned about Bitcoin, it all changed and I am not really into gold. Anything that is shiny, it's not glowing in my eyes.
Volatility is high for Bitcoin so you would have to be careful if you are trying a method like buying and selling.

KaliLinux

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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?

Someone tried to do this comparison in a short time some time ago, stating that Bitcoin is too volatile and is not good for investment and I made this post comparing them in a wide time frame since Gold is even older than Bitcoin
https://bitcointalksearch.org/topic/m.59188621
Most people forget that It is the volatility in Bitcoin that makes you gain more in profit or ROI. Gold is more stable and ROI over a number of years is way smaller than that of Bitcoin so if you have not taken the time to understand Bitcoin Investment and are too emotional, you might not be able to handle the market swings but Bitcoin is a Better Investment in the long run or even in the short run if you invested in the right time as what happened to me in 2017, Invested when the market was just about hitting the Bull season.

Yaunfitda

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And since you are in a bitcointalk comunity, obviously the answer will be BTC. But if you are a traditional investor, most likely you will go for Gold. However, if you really wanted to take advantage of both markets, I guess diversification is good. I mean when bitcoin is very volatile and we are in a bear market, then maybe Gold might be a good option to at least hedge your wealth for some time. And then go bitcoin when we are about to start a bull run. At least it's going to be a win-win situation for you.

kaseygriffin

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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?

You also need to review how you plan to spend and own that investment. I understand that both are good havens for wealth from economic volatility, but it doesn't always translate to our happiness. To me, the profit opportunity as well as the risk are the same things that need to be thought about carefully before starting to think about investing in them, and as a BTC lover, I recommend that newbies like you can buy it and keep it for a little over 4 years to find happiness.

Jackl87

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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 it depends on what you want to achieve with your money and what kind of money that you are using to invest. If you are using money that you can not afford to lose then i would definitely go for gold instead of crypto. Gold is very stable in terms of price movements and even if the financial markets go down like the did with the crash of the banks 14 years ago, gold remains stable or even starts to rise then. Of course it is also part of the truth that the potential ROI of gold is nowhere near as high as the one of Bitcoin. Just look at the last week. Bitcoin gained 11% in value in only 7 days. That are numbers that you will probably never see with gold.

fuguebtc

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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?

Bitcoin is the fastest to move on, but the volatility of bitcoin is also huge so bitcoin is not for the faint-hearted. Compared to bitcoin, gold is more stable and less volatile. Gold is more suitable for holding assets than as an investment. I like thrills so for me investing has to be volatile so for me I would choose bitcoin over gold. In short, both are very good, it depends on your investment preferences.

X-ray

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Gold was not even an investment and that's only store of value. I meant if you must also aware about that. The gold will help you to store your money but without ability to increase like investment. People understood in wrong way if the gold can be considered as investment. Basically, the price of gold remain stable but the inflation was making it looks like going up but another financial instrument that can be called as the real investment has given better performance compared with the gold.
BTC is farrr better with potentially to increase even higher and crossing its previous ATH. From here you need to understand what gold is.
For me gold doesn't seem to be a good choice caused by it's also lack of utility as well.

fuer44

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I think gold is safer because it has legality from the government which ensures its safety and authenticity, besides that gold also has a value that can be said to always increase every year, even though it is not too big. while bitcoin has a big risk with a price that fluctuates but it can also bring a great opportunity to get a big profit.

if you have to choose and have large funds, it is better to divide 60% bitcoin and 40% for gold.

uneng

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For me bitcoin is a more versatile alternative, since you have simplified access to your coins, you can start investing any amount of money disponible and you can do much more with your bitcoins than you can do with gold. That is, you can pay for goods and services, invest, gamble and send money from one side of the world to the another side in a decentralized way, paying affordable fees.
Furthermore there is the huge potential of profit on long term, that is also an advantage compared to gold, which is pretty stable. On the other hand, if I were a big investor, with many assets and properties under my control, I would probably invest in gold as well to diversify the patrimony and protect myself against inflation.

Topic: BTC or Gold Investment? - page 17. (Read 9175 times)