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Topic: BTC or Gold Investment? - page 3. (Read 9185 times)

legendary
Activity: 2002
Merit: 1109
Free Free Palestine
September 30, 2022, 10:15:25 AM
Bitcoin is very volatile. And so there is a possibility of huge profit as well as a possibility of huge loss from here. For example a few months ago one bitcoin was worth $69K but now it is $20K. Again, the price of gold is higher than what it was a few months ago. If you haven't invested in crypto before, I think you should invest in gold first.



If I had billions of dollars of money of course I would choose gold, but because I still really need money then I will choose bitcoin, this is because the potential for profit is greater than gold, moreover the trend of cryptocurrencies users continues to increase and rapidly makes me not hesitate to make cryptocurrencies as the main investment target.

Well, that's a somewhat harsh truth. nowadays most people invest in bitcoin with the desire to become rich with the little initial amount in hand, Bitcoin is more volatile so it is true that it offers greater returns than gold, but it cannot be said that bitcoin is safer than gold.
I am investing in bitcoin and gold, so I don't think there is any need to compare them since it is possible to invest in both at the same time. Bitcoin is a risky but highly profitable investment, while gold has stability that can help me store my assets in a fairly safe manner. As long as you balance the two, you'll be happier investing in just one of the two.
sr. member
Activity: 2030
Merit: 356
September 30, 2022, 10:15:09 AM
BTC because of it’s limited supply and the price per coin has increased significantly over time at a much faster percentage then gold ever has or ever will.
If you are one for HODLing your BTC then you will be better shape in a few years if you invest in BTC rather then gold.  This must be what most people would agree with.

The rapid development of BTC makes anyone want to buy BTC, now is the best time for investment because we get 1/3 cheap prices compared to ATH in 2021, Bitcoin opportunities to skyrocket and reach $ 100K are very large so that we are worth choosing compared to Gold.

Old is Gold and is still the more safe investment. However, the young generations are more interested in buying bitcoin and investing in bitcoins.
The major reason for this is that first people have seen a lot of growth in bitcoin in the last 10 years and secondly many people consider bitcoin as digital gold.
sr. member
Activity: 1148
Merit: 346
September 30, 2022, 10:02:21 AM
Bitcoin is very volatile. And so there is a possibility of huge profit as well as a possibility of huge loss from here. For example a few months ago one bitcoin was worth $69K but now it is $20K. Again, the price of gold is higher than what it was a few months ago. If you haven't invested in crypto before, I think you should invest in gold first.



If I had billions of dollars of money of course I would choose gold, but because I still really need money then I will choose bitcoin, this is because the potential for profit is greater than gold, moreover the trend of cryptocurrencies users continues to increase and rapidly makes me not hesitate to make cryptocurrencies as the main investment target.
This is what I am taking before because I know or er all know that bitcoin is a good coin in terms of investment because if the price will go up then there's a chance that your profit multiply by 3 or even 4 from your capital in a right time, while if you are investing in gold there are many assurance are waiting first even if the price will slowly in terms of markup but it won't be low like what the price of Bitcoin move.
full member
Activity: 1250
Merit: 100
Education-Ecosystem
September 30, 2022, 06:56:26 AM
Over the years, BTC and GOLD have proven to be the best when it comes to investing. But we have gotten other projects that are worth looking out to. Such project is LEDU.LEDU project is an educational project that will rival Udemy. In fact, it is like a modern interpretation of it. Visit its social media to get acquainted with them- https://twitter.com/eduecosystem1 educationecosystem.com
member
Activity: 126
Merit: 22
September 30, 2022, 06:15:43 AM
To me, both are attractive investment options with their respective advantages and disadvantages.
but for me who is a millennial, at this time I still prefer to be more interested and optimistic about the development of BTC.
at this time I am still learning about the risks and opportunities of BTC more than gold.
full member
Activity: 518
Merit: 100
September 29, 2022, 01:02:41 PM
50% Bitcoin and 50% to Gold, I think the percentage of capital like this is very good at the moment,
because I also believe Gold is still very profitable for the long term,
and Bitcoin is also currently being corrected by more than -60% so of course a good investment is an investment when prices are falling and this is the time.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
September 29, 2022, 08:46:47 AM
The rapid development of BTC makes anyone want to buy BTC, now is the best time for investment because we get 1/3 cheap prices compared to ATH in 2021, Bitcoin opportunities to skyrocket and reach $ 100K are very large so that we are worth choosing compared to Gold.
And that development can be seen on its price. The market now isn't good for most of it which include outside crypto markets.
It's right that the price was 1/3 from the past ATH last year and those that are optimistic on it sees that it will surpass that price once it rises again.
It may not that be quick as what others want but the thing is that after the halving, it's likely that it will surpass that ATH price and that's why everyone thinks $100k is possible and that will be a better asset than gold.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
September 29, 2022, 12:36:00 AM
BTC because of it’s limited supply and the price per coin has increased significantly over time at a much faster percentage then gold ever has or ever will.
If you are one for HODLing your BTC then you will be better shape in a few years if you invest in BTC rather then gold.  This must be what most people would agree with.
member
Activity: 393
Merit: 13
Sugars.zone | DatingFi - Earn for Posting
September 21, 2022, 08:51:42 PM
There are plenty of reasons why crypto can be a good investment for someone.

If you sell your holdings when the price is high, and buy it again when the price is low, you will lose the opportunity to make money on the difference in the current price.

In contrast, if you hold crypto for a few years, even if it goes up 60% over a year you can still be happy with your purchase because it's very unlikely that prices will go back down again in 2-3 years.

But, you have to be very careful while investing in crypto because market conditions will evolve, and change over time.
full member
Activity: 350
Merit: 101
Trident Protocol | Simple «buy-hold-earn» system!
September 19, 2022, 09:54:52 PM
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.

Simple I think that Gold is a long-term investment, meaning we save our funds or buy Gold when the price is low and we will sell it when the price of Gold rises, the same as we invest in Bitcoin, indeed Gold price movements are stable, Only inflation makes it seem as if it will go up like you said bro
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 19, 2022, 04:31:45 PM
If you are looking for a faster ROI you should invest in bitcoin because it moves fast.
It's not faster at all. Just imagine if it moves fast but at the opposite position, what are you going to do then? You can make your investment back on Bitcoin, but it usually takes time to even give profit especially when the market is having hard time in this month. Just like everyone says, do some research first before going any action especially involving investment
hero member
Activity: 630
Merit: 611
September 19, 2022, 04:03:48 PM
because bitcoin is experiencing a correction. then this is a great opportunity to start buying bitcoins. for gold is also good. but I personally prefer bitcoin. because I am tempted by the current very low prices.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
September 19, 2022, 02:44:26 PM
Both are good to invest. But I recommend to invest in Bitcoin because Bitcoin touch $69000 dollar in few months ago and now its price is $20000. So market condition is too bad BTC will pump again and also touch $69k in future.
And possibly that it will surpass that price soon.

It is the right time to invest in BTC it will give you a huge profit. Wink
We've been telling this since $3k and even below that but how many have responded? I don't think that there were too many of them and now think that $19k-$20k is quite expensive because it was the ATH in the past, 2017. But if they'll do it right now and hope to make some 3x-5x gain, that's very possible but maybe be patient for at least 2 or more years.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 19, 2022, 02:32:00 PM
Bitcoin is very volatile. And so there is a possibility of huge profit as well as a possibility of huge loss from here. For example a few months ago one bitcoin was worth $69K but now it is $20K. Again, the price of gold is higher than what it was a few months ago. If you haven't invested in crypto before, I think you should invest in gold first.
bitcoin a few months ago did hit $69k and now it's only $20k.
do you also remember that before bitcoin hit $69k its initial price was only $20k ?
actually investing in bitcoin or gold is the same as good, it's just that the benefits are different.
if you want to get big profits, there's no harm in investing in bitcoin and also keep investing
member
Activity: 210
Merit: 22
September 19, 2022, 02:03:37 PM
Both are good to invest. But I recommend to invest in Bitcoin because Bitcoin touch $69000 dollar in few months ago and now its price is $20000. So market condition is too bad BTC will pump again and also touch $69k in future. It is the right time to invest in BTC it will give you a huge profit. Wink
hero member
Activity: 3080
Merit: 603
September 17, 2022, 03:42:59 PM
Both is ok, but you have to have the knowledge of where to invest and when. Picking the right time for an investment is very tricky. As for the crypto market condition now, It's very unpredictable. So it's wise to wait for it to show some potential on which way the price will move in the future.
The same with the gold market, it's also quite volatile for now so almost all markets are experiencing the same thing as what the crypto market is experiencing.
I agree that both is good but if you want to have the more move in the market, choose bitcoin. Gains that you can get for years in gold, could happen and appear for bitcoin within several months if the time permits it. That's why the volatile of bitcoin has is better than gold.
sr. member
Activity: 1246
Merit: 262
September 17, 2022, 03:24:09 PM
If one's intention is to invest his money for a long time then investing in Bitcoin will be more profitable than gold. But even though it is more profitable, there are many risks involved . If someone is facing a big problem and he decides to sell his investment array assets then if his money is invested in bitcoin and then the price of bitcoin falls a lot then it will be very bad for him but if his money is invested in gold it is  You will not face much loss because the price of gold does not fall much . so it is depend in everyone's risk condition
No doubt with faster way how to increase profitable by investing with bitcoin than gold, but some people looking for less risk then make gold as priority investment assets than investing with bitcoin have speculative values drop and up drastically in short time period. If ask which one better investing with bitcoin and gold I have priority my assets keep investing with bitcoin. I would like with faster earn profit by investing with bitcoin although have bigger risk than investing with gold. Bitcoin some time could drop more than 30% if wrong investment when price still on the top but with gold I think most drop values without 5% but increase up price of gold maybe stuck only 10% every years.
legendary
Activity: 2338
Merit: 1923
September 17, 2022, 03:09:29 PM
In the case of Return on Invest, Bitcoin is the best at the moment. Because Bitcoin is now 70 percent below the last ATH. It is said that the highest dip is encompass. Even we do not have a long term investment in Bitcoin. However, it is possible to get good return here in the shorter time. Considering the direction of Volatility, many can support Gold but if you want to get a good return, there is no alternative to investing in Bitcoin.
That is the current situation and many who are new Herr, lost something… if they sold. You can also say they would have been better with gold. In short term. Good returns will happen I think, but now it looks like a lot of time is needed when you buy bitcoin.
sr. member
Activity: 1148
Merit: 346
September 17, 2022, 09:19:14 AM
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?

Much better if you have both  Wink  Wink
Now in terms of ROI, Gold is for the long term, you can never get your ROI instantly in gold, but it is a very stable investment that everyone ever has, Bitcoin is good for both long and short time periods, but speaking of ROI, you can get it in a short period of time if you invested in Bitcoin, but it is very risky because of the volatility of the market, but if you equip yourself with proper knowledge on how to trade effectively, Bitcoin can make you very very rich, But we need to consider the value of good timing.
Yes you are right that mate and it's better to invest with this two because investing gold for our future it makes us satisfied. And also when you are holding a necklace made by pure gold then you already benefits with that it because it's and accessories in our body and makes us good looking, and not risky as well. In Bitcoin honestly it is slightly risky but for sure it will make us happy in the future.
hero member
Activity: 2114
Merit: 562
September 17, 2022, 08:51:41 AM
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?

Much better if you have both  Wink  Wink
Now in terms of ROI, Gold is for the long term, you can never get your ROI instantly in gold, but it is a very stable investment that everyone ever has, Bitcoin is good for both long and short time periods, but speaking of ROI, you can get it in a short period of time if you invested in Bitcoin, but it is very risky because of the volatility of the market, but if you equip yourself with proper knowledge on how to trade effectively, Bitcoin can make you very very rich, But we need to consider the value of good timing.
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