Do you still have thoughts of picking Gold over Bitcoin, read this. - page 2.

rozak

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Quote from: Botnake on September 17, 2021, 11:05:36 AM

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

the plan I made with gold investment is the result of profit from day trading.
such as examples of profits in daily trading that I collect in a matter of weeks or months. I made a profit withdrawal and left my fixed capital. the profit I get from trading I will save to gold.
and now I have accumulated a profit value that is almost the same as the capital I use in daily trading in the form of gold.

Botnake

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Quote from: rozak on September 17, 2021, 10:53:32 AM

Quote from: nurilham on September 17, 2021, 10:41:05 AM

actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

if you are looking for profit then investing in bitcoin will be more profitable. Bitcoin trading on the crypto market is better than gold today.
because the world gold market is experiencing a weakening price. and surprisingly its adoption is also declining. In falling prices, adoption also declines. will be very different with bitcoin.

but I have both for investment. I can't judge which is better between the two. because I have my plans for the ownership of both assets.

Its good that you have them both so you can maximize your profits in the near future. But if i have to choose between the two, i would rather invest in this new innovation that has made a huge price increase in the previous years compared to gold that its value is almost not increasing. There might be a price change but definitely not that high with bitcoin. And with the faster adoption of bitcoin that will make its price more valuable, then there's no reason that we should pick gold over bitcoin.

rozak

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Quote from: nurilham on September 17, 2021, 10:41:05 AM

actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

if you are looking for profit then investing in bitcoin will be more profitable. Bitcoin trading on the crypto market is better than gold today.
because the world gold market is experiencing a weakening price. and surprisingly its adoption is also declining. In falling prices, adoption also declines. will be very different with bitcoin.

but I have both for investment. I can't judge which is better between the two. because I have my plans for the ownership of both assets.

nurilham

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actually both have their own advantages, but personally I would choose to invest in bitcoin compared to gold. Although gold investment is profitable and stable, I think it will be much more profitable and have good prospects if you invest in bitcoin. if the bitcoin lovers like me knew that bitcoin could reach the current price, of course we would buy it because the prospects are very good. so I still can't turn away from the crypto world. but back again that the profit or loss of someone investing depends on how we manage and handle our own assets

Kelvinid

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Quote from: syedakhlaque on September 17, 2021, 08:53:13 AM

Bitcoin and Gold both are good investment platforms. It depends upon the investor whether he prefers Gold or Bitcoin for his earning.
The person who is working on Gold for a long time and has well experienced in the gold business. He will do this business The rise & down of the gold price is not very fast. But The ups and downs are part of crypto and Bitcoin. So the person who feels comfortable in the Bitcoin business. He should do this. This crypto business will start with a small amount also but this is not in the gold business.

If you can afford to take a higher risk and are smart enough, you definitely have to choose Bitcoin. We can't see Gold move so fast unlike what we've experienced in Bitcoin's trend.

It is not about that if you were in the Gold business you will die keeping on it. No, I don't think so. If you have the reason why you are in this investment world, you'll probably be choosing those investments that can give you such satisfying returns in a shorter time.

Lime if you bought Bitcoin today at $45k, this might become $100k a year after (as an example) but this was impossible to happen in Gold. Yes, you can expect some increase of the price but not that much as Bitcoin can do.

syedakhlaque

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Bitcoin and Gold both are good investment platforms. It depends upon the investor whether he prefers Gold or Bitcoin for his earning.
The person who is working on Gold for a long time and has well experienced in the gold business. He will do this business The rise & down of the gold price is not very fast. But The ups and downs are part of crypto and Bitcoin. So the person who feels comfortable in the Bitcoin business. He should do this. This crypto business will start with a small amount also but this is not in the gold business.

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Quote from: CryptopreneurBrainboss on August 10, 2021, 07:35:23 PM

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from: One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative

As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

I do get your point but I think the reason why some people still prefer gold over bitcoin is because of having a stable market and intrinsic value which is used in different aspects of our life specifically technology. It's a much safer investment than BTC since it has stable demand and actual usage even though BTC has high profitability but still a risky investment.

AicecreaME

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Quote from: CryptopreneurBrainboss on August 10, 2021, 07:35:23 PM

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from: One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative

As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

Bitcoin and gold are both great investment vehicles. They hold so much potential, no doubt. However, we must also take into consideration the different perspectives people have in every situation. Like what they say, to each his own. We view things from various angles. Everyone has their own opinion and reasons why they prefer gold over bitcoin and we must learn to respect that. Just because we see bitcoin as the king of almost every investment there is, doesn't mean that other people will view it the way we do. We have different preferences and we differ in risk appetite as well. Some people just really prefer stable investments rather than volatile ones. Not everyone possesses a strong heart as we do. Some people bother and worry so much about the dips, hence, they decide not to invest in something that will cost them their mental health. It really just boil down on doing what suits us best. After all, it's our funds and assets to begin with.

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Quote from: LyJones on September 17, 2021, 05:42:05 AM

I think it's okay to invest in gold or bitcoin. We have no right to decide what projects others invest in.

An investor that has no right to decide what she invests in will certainly have right to make loss.

Quote from: LyJones on September 17, 2021, 05:42:05 AM

My opinion is that the eggs are not in the same basket.

This does not apply to everybody and the last time I checked having knowledge in portfolio management is needed before making this decision.

Quote from: IamWealth on September 17, 2021, 02:06:06 AM

Bitcoin might yield faster reward but Gold will definitely yield stable rewards.

No market whatsoever will yield a stable reward.

LyJones

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I think it's okay to invest in gold or bitcoin. We have no right to decide what projects others invest in. I have many projects in the investment industry. Not only do I invest in cryptocurrencies, but I also invest in stocks, real estate, and of course a little gold. My opinion is that the eggs are not in the same basket. You can choose any project you want to invest in. Learn more investment knowledge and investment skills. Many projects are not of the same type and need to be understood. Be responsible for your own money.

IamWealth

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Bitcoin might yield faster reward but Gold will definitely yield stable rewards. Both investments are promising and profitable. With Bitcoin you just need to take more calculated risk. Owners or either or both are still great.

ROSERTY

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Both gold and Bitcoin are good investments and both are valuable. Investing in both can bring good returns.
Gold has developed for a long time, and people have a broad consensus on it. And gold is more stable than bitcoin, and some people like to invest in gold if they are afraid of taking risks and prefer more stable things.
The high volatility of bitcoin brings more profits to people. Now many young people realize the value of bitcoin and choose to invest in it. Bitcoin has only developed for more than a decade, and it has gradually surpassed the value of gold in many areas. Bitcoin will be a more important investment in the future.

blckhawk

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well i for one still prefer gold over bitcoin, mainly because gold's market is much more stable than the market for bitcoin. bitcoin's market is very volatile and is prone to ups and downs with its price meaning that you can have more losses than gain while gold's market although it is not as high as bitcoin but it can retain its value and it will only go up because it is a mineral that is not unlimited.

Amejoaquim

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Quote from: BOAEDAN on August 26, 2021, 12:33:56 PM

In my opinion, people who are just learning the crypto business should not blame people who choose gold, because people who choose to own gold certainly have their own reasons, maybe they are afraid of risk, because we know. the price of gold is very stable, but the profits we get are small, but if we choose bitcoin we will definitely be faced with risks, but the benefits we get are definitely worth the risk we bear, because investing in bitcoin takes patience and a long time. the term, to be able to profit, because bitcoin is a long-term asset.

If we are talking about long time then I think both are bad options for long term investing. When you think of long term investing, think of companies that will actively generate revenue and growth. Not commodities and currencies that you hope will go up.

Silver80

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Quote from: CryptopreneurBrainboss on August 10, 2021, 07:35:23 PM

It's quite surprising how people still consider gold a more profitable investment than Bitcoin. Guess they're not familiar with the saying, 'the higher the risk, the greater the reward'. Although this doesn't mean you should go taking uncalculated risk as that'll be a deadly move that could cost you all your funds. Bitcoin has shown time without number that it's the better investment vehicle than Gold and it just did it again

Just came across this article and think it'll be best I shared it here for the doubters still hoping for their previous metal to recover while they keep on missing out on the chance to partake in one of life greatest innovation.

Quote from: One Bitcoin now buys 0.6 kilograms of gold as 10-year returns turn negative

As of Tuesday, fresh data shows that Gold/USD traded 3.7% lower than it did in the same day in 2011.
Source: https://cointelegraph.com/news/one-bitcoin-now-buys-0-6-kilograms-of-gold-as-10-year-returns-turn-negative

Guess there's nothing left to be proven again for bitcoin and it's safe to say it has outperformed Gold in all angles. I would prefer my investment in an asset that could give me higher double digits gains than an asset that can barely gives strong double digits gains and yet been called the safe heaven when it also poses same risk of a lost in value during trying times.

Difference between gold and bitcoin

Gold, liquidity has been tested, this gold will not disappear until the end of time, gold is not an investment but gold is a benchmark for maintaining currency stability, when talking about gold, we describe luxury, wealth and social status.
The shift in interpretation of gold into investment is caused by the transition of gold as a tool.
This exchange into a commodity causes gold to become an investment, because it already has an element of value that can be maintained and fluctuates, gold as a medium of exchange has existed since 450 BC, if in the past a country issued currency it depends on gold reserves, until the United States makes more currency than existing gold reserves, then the term EXCHANGE appears, here is calculated whether or not bankrupt is from the exchange rate.

BTC is still relatively new, its liquidity has not been tested, they are still seen as an investment as long as it is not recognized as a legal tender currency, El Salvador has started taking risks to make it the world's leading thing.

so it is wrong to think that gold is interpreted as an investment, the correct investment is in Bitcoin, stocks, plots of land, houses and other Altcoins.

cotton ball

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do you still choose gold over bitcoin,?? if i personally i would choose both, because i think we are not enough to just play in one business, we have to play many roles in business, like big companies that play many roles, the reason i choose both is because when bitcoin price is down, i can take the opportunity to sell a little gold, for my needs, and I keep my bitcoins, and when the bitcoin price is high, I will sell my bitcoin, and I buy gold, and when the bitcoin price falls again, I sell gold to buy bitcoin, according to I personally think this is a good round, for doing business, because that way, the business goes on, the stomach is filled

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Quote from: DeathAngel on August 26, 2021, 12:43:03 PM

I don’t need to read anything to convince me that bitcoin is a better investment than gold. There are many better things to invest in than good these days, the price has been stagnant for a very long time now.

Not only does it stagnate, but it also falling. The price of gold dropped by more than 7% compared to last year according to the goldprice.org website.

DeathAngel

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I don’t need to read anything to convince me that bitcoin is a better investment than gold. There are many better things to invest in than good these days, the price has been stagnant for a very long time now.

BOAEDAN

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In my opinion, people who are just learning the crypto business should not blame people who choose gold, because people who choose to own gold certainly have their own reasons, maybe they are afraid of risk, because we know. the price of gold is very stable, but the profits we get are small, but if we choose bitcoin we will definitely be faced with risks, but the benefits we get are definitely worth the risk we bear, because investing in bitcoin takes patience and a long time. the term, to be able to profit, because bitcoin is a long-term asset.

Spack17

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To be honest, I don't prefer one of them over the other. I make investments into gold and Bitcoin both. Because actually, these two both have a really bright future. Fiat money will be gone after a point. First, we will see an economic recession and it will make fiat money nearly worthless. After some time, goverments will start releasing their own digital currencies. And then, they will take the place of fiat currencies.

Topic: Do you still have thoughts of picking Gold over Bitcoin, read this. - page 2. (Read 913 times)