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Topic: BTC or Gold Investment? - page 4. (Read 9185 times)

sr. member
Activity: 2002
Merit: 250
September 17, 2022, 08:25:31 AM
For now I choose cryptocurrencies rather than gold, the latest report of gold prices also decreases, the effects of global inflation make almost all types of investments including gold also decreased, while cryptocurrencies are investments that do not know inflation, the opportunity to skyrocket can occur at any time even a day.
I think this all depends on each person's preference because both cryptocurrency or gold can be profitable,
with the current condition that almost all countries experience inflation it seems to make people prefer to invest in crypto,
What is clear is that this condition is not an easy thing
sr. member
Activity: 1008
Merit: 366
September 17, 2022, 07:03:21 AM
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.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 17, 2022, 04:33:24 AM
Bitcoin is good to invest in because of it growth rate,If it's time,you have every reason to rejoice over the fact that you invested in bitcoin because it's going to grow and turn you into a rich man,but I don't think it grows at that rate.I know most times,the coin is also static,that is to say that the coin does not continually increase rapidly and consistently,it ceases atimes,and if you are not patient,you will have blood pressure.But patience will give you what you desire in the nearest future.

I think it is much better than gold, but when Bitcoin reaches its limit, I think it will be much more valuable. For gold today, people will still dig holes and find gold. In 2020, global gold production was +3000 tonnes. China, Australia and Russia have a large share. I would like to be there when the last Bitcoin block is mined and what happens after that, but I won't live that long, none of us here. Too bad. When you own something that is becoming rarer and rarer, the price goes up over time as demand goes up.

Bitcoin is only better than gold in terms of investment, but it cannot be said that it is better overall. With the volatility of bitcoin, if we know how to take advantage of it for investment, it is very good, but if used for other purposes such as jewelry or storing assets, bitcoin cannot meet this need. Gold production continues to increase year on year but looking at the value has not decreased, the stability of gold has been tested over time.

There is no need to compare them with each other while we can invest and use both, both bring value and benefit to us. I have been investing both, not only for profit but also for the safety and benefit of both for me.
full member
Activity: 350
Merit: 101
Trident Protocol | Simple «buy-hold-earn» system!
September 17, 2022, 04:00:41 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?

Gold and Bitcoin do have the same function, namely profitable investments, but there are differences that you can consider bro.
Gold is a profitable investment choice because it has a more stable value, and Gold comes from limited and rare natural resources whose availability is not known with certainty.
Bitcoin is also considered to have an asset value that is not easily shaken even when economic conditions are weak, and Bitcoin is a digital asset whose amount can be known. Investors can also find out the amount of Bitcoin circulating in the market transparently,
Every investment decision is in your hands bro, and my advice is to study and analyze it first.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
September 17, 2022, 02:10:48 AM
Bitcoin is good to invest in because of it growth rate,If it's time,you have every reason to rejoice over the fact that you invested in bitcoin because it's going to grow and turn you into a rich man,but I don't think it grows at that rate.I know most times,the coin is also static,that is to say that the coin does not continually increase rapidly and consistently,it ceases atimes,and if you are not patient,you will have blood pressure.But patience will give you what you desire in the nearest future.

I think it is much better than gold, but when Bitcoin reaches its limit, I think it will be much more valuable. For gold today, people will still dig holes and find gold. In 2020, global gold production was +3000 tonnes. China, Australia and Russia have a large share. I would like to be there when the last Bitcoin block is mined and what happens after that, but I won't live that long, none of us here. Too bad. When you own something that is becoming rarer and rarer, the price goes up over time as demand goes up.
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.
legendary
Activity: 2338
Merit: 1923
September 17, 2022, 01:19:27 AM
Bitcoin is good to invest in because of it growth rate,If it's time,you have every reason to rejoice over the fact that you invested in bitcoin because it's going to grow and turn you into a rich man,but I don't think it grows at that rate.I know most times,the coin is also static,that is to say that the coin does not continually increase rapidly and consistently,it ceases atimes,and if you are not patient,you will have blood pressure.But patience will give you what you desire in the nearest future.

I think it is much better than gold, but when Bitcoin reaches its limit, I think it will be much more valuable. For gold today, people will still dig holes and find gold. In 2020, global gold production was +3000 tonnes. China, Australia and Russia have a large share. I would like to be there when the last Bitcoin block is mined and what happens after that, but I won't live that long, none of us here. Too bad. When you own something that is becoming rarer and rarer, the price goes up over time as demand goes up.
hero member
Activity: 868
Merit: 737
September 16, 2022, 08:48:09 PM
This is a difficult choice.  Because these two instruments both have bright long-term prospects. But if we have little capital, investing in gold I think it's a wise choice and vice versa if the capital we have is big enough and want to earn long term btc is a good choice
The easy choice is to choose investments that are easily accessible, gold, in my opinion, is enough difficult to buy because we need to proof our ID card when buying it offline. If we want to sell it in between 1 or 2 years that make you lost from profit.
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
September 16, 2022, 05:54:19 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 will definitely invest in Bitcoin. Bitcoin can change a person overnight.We have seen that Bitcoin is now at the peak of popularity all over the world. People are now investing the most in terms of investment in this Bitcoin.We will definitely express interest in investing in Bitcoin if we research its future and past.And I also see the future of this Bitcoin very bright and have invested in Bitcoin myself.
Basically those who can't put their trust in crypto or for those who fear the higher volatility of cryptos, gold is best for them. In another, Bitcoin is definitely the best for those who like to take risks. If BTC crosses the bear market, its price will cross the new all time high in the upcoming bull market.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
September 16, 2022, 05:43:04 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?
The understanding of diversification is important in investment. It protects investment and can manage risk, more also not all investment can survive modernization, so diversification can help to get into the next level of investment. Gold has lower risk and it remain asset with great liquidity, not only Gold but many other precious stone. Real estate and stock exchange are other asset base on understanding of every country. Financial advisers are available in many countries that can be contacted for idea on investment, most importantly hold enough fiat in Dollar and Pounds
sr. member
Activity: 1232
Merit: 379
September 16, 2022, 05:15:41 PM
Here on the forum, of course, most will say Bitcoin, so that's exactly why we're here. I'll be honest, owning a little bit of gold. But a lot more Bitcoin makes more sense for me. I want Bitcoin replace gold at some point, even though it may take a long time, for me it is possible. And when all Bitcoin are mined, Bitcoin should be much stronger.
Bitcoin is good to invest in because of it growth rate,If it's time,you have every reason to rejoice over the fact that you invested in bitcoin because it's going to grow and turn you into a rich man,but I don't think it grows at that rate.I know most times,the coin is also static,that is to say that the coin does not continually increase rapidly and consistently,it ceases atimes,and if you are not patient,you will have blood pressure.But patience will give you what you desire in the nearest future.
sr. member
Activity: 1680
Merit: 278
September 16, 2022, 05:01:51 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 will definitely invest in Bitcoin. Bitcoin can change a person overnight.We have seen that Bitcoin is now at the peak of popularity all over the world. People are now investing the most in terms of investment in this Bitcoin.We will definitely express interest in investing in Bitcoin if we research its future and past.And I also see the future of this Bitcoin very bright and have invested in Bitcoin myself.
Not everybody have access to gold especially those that know nothing about how the Gold market works and going to the metal Gold that be very risky because of how valuable it is in the society and it is of good knowledge for someone to start buying and trading Gold.
If we are looking for a better investment that does not take much knowledge them Bitcoin is far more better compared to the metal Gold. Bitcoin is as volatile compared to Gold too and it can bring great fortune if we are able to wait and hold for as long as possible. Bitcoin is much divisible to small unit compared to Gold.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
September 16, 2022, 04:08:19 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?

In terms of ROI you will definitely find Bitcoin to be the winner due to a higher price volatility. But if you are not good with managing your investments, you will find that ROI heading down into the ground faster than you can say cryptoprofits.

Gold is a sure thing currently only due to the fact that is has many uses and very little substitutes. Also it being a limited resource also helps in the ROI equation. Quite a lot too.

But you would need years to see a return from gold investments to even compare to Bitcoin returns. If you are the patient, risk-free type of person then gold might suit you better. However Bitcoin has proven itself time and time again since 2009. If 13 years worth of proof of concept is good enough for you, then Bitcoin could be a good choice as an investment. Just do not sell on emotion. Thats really the most important part.
legendary
Activity: 2338
Merit: 1923
September 16, 2022, 03:53:01 PM
Here on the forum, of course, most will say Bitcoin, so that's exactly why we're here. I'll be honest, owning a little bit of gold. But a lot more Bitcoin makes more sense for me. I want Bitcoin replace gold at some point, even though it may take a long time, for me it is possible. And when all Bitcoin are mined, Bitcoin should be much stronger.
member
Activity: 412
Merit: 13
Trident Protocol | Simple «buy-hold-earn» system!
September 16, 2022, 02:04:02 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 a very lucrative investment so many people invest in bitcoin, but we must know that the highly volatile crypto market conditions can make us rich and can also make us poor. so to invest in bitcoin, you must have a target time and also have to know and understand market trends and conditions so that we don't fall into poverty. while investing in gold no one is worried about the price because the price of gold is always increasing all the time so the longer we keep gold, the higher the value of the assets we have.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 16, 2022, 01:38:41 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 will find out what was the best if you will look at the history and the future price, if i invested in bitcoin last year 2010 and hold it until 2021 i am sure that i am now a millionaire, if i invested in gold at year 2010 would it be the same? Bitcoin is a risky investment but comes with a big profit if we are lucky on it, gold is also good investment but i don't think it can make you a millionaire in a short period of time but what ever it take it always depend on your own decision.
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
September 16, 2022, 07:11:09 AM
Ever since Bitcoin came into existence, crypto traders have made Bitcoin digital gold. By investing here, we can make our profit, just like people used to buy gold in the olden days to make profit.Bitcoin is a better investment than gold because the rate, timing and percentage of return on bitcoin is much better than gold.Investing in gold or accumulated gold makes it difficult to move the gold from one place to another in any unexpected situation. If the investment is in Bitcoin, you can move to any corner of the world, you just need to remember your password.  You should be able to withdraw bitcoins without any difficulty.Bitcoin is a safe investment. It is easy to hold and secure while gold is difficult to accumulate and secure.Gold is not being accepted as payment anywhere where as Bitcoin is being used as payment in some places and will be used as payment in many places in future.And can be used as an international currency.  That's why Bitcoin is better.The supply of Bitcoin is fixed, after minting, no more coins will enter the market. And gold does not have such a specific option.That's why bitcoin is better than gold.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 16, 2022, 02:57:36 AM
Humans have had a fascination with gold since ancient times till today. But if referring to financial investment I would recognize Bitcoin ahead form this aspect. Because Bitcoin is acting as the Digital gold of today's people. The return on investment here can be very high. In the meantime, this information can be found very easily by it's history. One Bitcoin was valued at $70,000 which defies imagination. Moreover, since Bitcoin is a digital asset, it can very easy to  be kept to oneself.

Bitcoin is often better to grow your wealth in the long term, especially because of its ups and downs in price. That volatility could rise the cryptocurrency's price all the way to the moon for a short period of time. If you're lucky, you can sell your BTC when it's at its highest point to secure as much profits as possible. You can't expect much from Gold, since its value rarely changes over time. It's relatively stable, so it's only good for preserving your purchasing power (not expanding it).

Each asset/commodity has its own advantages/disadvantages, so you decide how are you going to use them for your own benefit. Remember to invest wisely and there should be nothing stopping you from achieving your financial goals. Just my thoughts Grin

That term of being wise means a lot. You need a broad understanding of the investment that you choose. Just like what you mentioned, knowing the risk and the advantages will help you to determine if what path to take when investing your money. The options do have opportunities to grow your money, though again the balance or the weight of your desire profits will also be a factor in choosing which investment to take.
sr. member
Activity: 826
Merit: 266
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September 16, 2022, 02:50:13 AM
For me Gold is only suitable for Asset storage and Asset value keeper. like savings. for investment will not bring too much profit.
but bitcoin is very suitable for investment. just enter when the market is bearish like now. and when the bullrun market comes then we can see our portfolio grow. but for gold it can also be for investment but it takes a longer time. because 1-5 years will not be too much change in the price of gold. so I say gold is more suitable for maintaining and storing the value of assets or used as savings.
sr. member
Activity: 1890
Merit: 252
September 16, 2022, 02:49:10 AM
There is no loss in investing between bitcoin and home I think it would be better to invest in both but here if you want you can invest in bitcoin first because in bitcoin you can sell it anytime without any hassle when it becomes profitable  Then you can sell it and buy it back later when the price goes down without any hassle
Investing in Bitcoin is one of the good decisions although that doesn't mean we avoid the hassle,
because to sell Bitcoin of course we need the right time and it's not easy,
especially with the current conditions it takes patience and keep abreast of developments
sr. member
Activity: 1554
Merit: 374
Vave.com - Crypto Casino
September 16, 2022, 02:16:38 AM
If I invest I will invest in Bitcoin.  That's because I believe in Bitcoin. If I can invest something in Bitcoin now, I will get a lot of profit from it later.  But if I invest in gold I have no idea whether I will get profit.  I am of the opinion that I will invest in Bitcoin because I believe in Bitcoin.  Now is the right time to invest if we can invest now.
actually both benefit, because this investment has its own Rejection, both Profits or the opposite, giving unexpected results (losses). It really depends on the conditions and the price of the market, but I agree with you that it would be more appropriate to choose Investing in Bitcoin compared to Gold, the rate of profit is very much greater than the gains in investing in Gold.

If you invest in Bitcoin and get maximum results, of course, the benefits will give that person success.
Exactly, this might be the only reason why those that have come to understand Bitcoin and are not bothered by the market sentiment know overall, investing in Bitcoin will give you a better profit in a shorter time in comparison to Gold investment but as we know, this does not take away that Gold is a good investment option too in its own right.
Yes, besides investing in Bitcoin, if you can invest in gold, it will be much better.  But I think that Bitcoin will make more profit than gold. If we can invest in these two, I think that we will get a lot of profit from here.  Now is the right time to invest in Bitcoin. The price of Bitcoin is dumping a lot.
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