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Topic: Gold or Bitcoin - page 16. (Read 59425 times)

member
Activity: 1120
Merit: 30
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September 27, 2020, 03:06:21 PM
Gold is everywhere in the world and is well popular to people than bitcoin, which bitcoin is not everywhere in the world.
Gold don't too have a big risk like bitcoin which if you are not careful you will be scam and reduce your investment to zero level.
Gold is not volatile which it can pump and dump at any time but once it started pumping it will continue to pump and all investors will be smiling  for profit making.
full member
Activity: 399
Merit: 100
September 27, 2020, 02:30:04 PM
Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!
You should go with both. Gold demand is much higher than Bitcoin, so many people don't know about Bitcoin. You are lucky because of the huge amount of money. You know about the Bitcoin future. You can invest a little portion of your huge money in Bitcoin. I can predict that in 1 year you will earn more profits than gold investment.
hero member
Activity: 2814
Merit: 526
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September 26, 2020, 08:51:58 AM
Why not both then? If you are seeking for profit, then there is no fucking reason to choose one over another. You said you have great amount of money to invest and just please diversify your money to these 2 assets:
1. Bitcoin is for HODL and you can sell it once you feel enough with your profit, of course the risk is really high because crypto is really volatile.
2. Gold is for your finance backup incase something bad happens and it's relatively safe to store your money into Gold.
member
Activity: 700
Merit: 14
September 26, 2020, 08:04:22 AM
Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold

We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return  WHILE Bitcoin on the other hand can be quite profitable  but it's risk of negative volatility can be catastrophic!


So which has your vote? Gold or Bitcoin!!!!

Looks like the vote has not ended yet. I think creating a POLL is much better for this.

Anyway my answer is Bitcoin. Gold price does not change big time compared to Bitcoin. Also, we are still in the early stage when we look at the big picture for Bitcoin. That there are still a lot of rooms for Bitcoin to grow. Unlike gold, where gold is gold and it is only use for jewelry or to something to make valuable. Note: I don't know much about gold really.
full member
Activity: 2268
Merit: 121
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September 26, 2020, 07:54:11 AM
gold and bitcoin? yes, I think gold is the answer. as we know that the value of each coin or cryptoqurrency is very volatile and there is no guarantee your money will be safe. but if you like a high risk appetite, then crypto currency is the choice. on the one hand gold has a high selling value, every year the price of gold increases and you will be safe investing your money in gold.
The question of security is clearly safer and more reliable, obviously bitcoin, because bitcoin is formless and is only a different system from gold that is shaped and needs a tangible placement. but both are good for investment and it is true that you say bitcoin investment is very risky but the income is also really attractive. for me both are the same as promising investments and only differ in their application and habits.
full member
Activity: 1210
Merit: 100
September 26, 2020, 06:36:33 AM
gold and bitcoin? yes, I think gold is the answer. as we know that the value of each coin or cryptoqurrency is very volatile and there is no guarantee your money will be safe. but if you like a high risk appetite, then crypto currency is the choice. on the one hand gold has a high selling value, every year the price of gold increases and you will be safe investing your money in gold.
member
Activity: 344
Merit: 11
September 26, 2020, 04:28:01 AM
Gold and Bitcoin both have value.
Gold is older and its value more stable than gold, with liquidity inherent only in gem companies, gold shops, and stores of gold, which takes a lot of work to own them in large quantities.
Bitcoin has a shorter history, is simpler to store across electronic devices, but is more susceptible to hacking without regular software updates.
Gold's liquidity is worldwide and instant anytime, anywhere, as long as you have an Internet connection to your mobile device.
sr. member
Activity: 1652
Merit: 262
September 26, 2020, 04:27:02 AM
for a distance of 1 - 2 years, gold will have more potential because it is difficult for gold to decline in the near term unless there is a global economic crisis. but if you want a longer term for example 5 more years, bitcoin will be better. fluctuations in the value of bitcoin allow the presentation of an increase which could be as high as 1000% even in the near future, but it could also be the other way around and that is very risky if you invest large amounts and you want it to be short term. more gold has a stable value and the rise is very stable too.
sr. member
Activity: 1188
Merit: 251
September 26, 2020, 04:00:40 AM
as someone who likes crypto I still prefer gold more than bitcoin for now.
maybe the ratio is 60: 40
gold may take a long time to increase in price but its liquidity is very guaranteed, while bitcoin is very volatile and has lower liquidity.
but the views of each person are different maybe other people will prefer bitcoin and vice versa.
depending on people's thoughts on it.
sr. member
Activity: 2422
Merit: 267
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September 25, 2020, 11:36:32 PM
For me bitcoin is more exciting investment than gold, because bitcoin can rise up high in a very short period of time without a prior notice or even the most experienced person will never know when it happen so that goes very exciting. While in gold very slow moving price we need to wait for a very long time to earn from our investment so i think bitcoin more great than gold.
actually both are very good for investing, because maybe many people have different perceptions and we know that, to remember that gold has long been used as an investment before it became crowded with crypto, because gold has its own prestige for some people that is a measure of prosperity. but with the existence of crypto, it is clear that many who are forward-thinking prefer crypto but those who still like gold also remain, so they have their own share.

Crypto can be profitable quite significantly, but if we are impatient and quickly panic it can also make us lose big, not for gold with an increase in value that is not high but has no big loss. So everyone will have different perceptions and so far both are still the best investments.
member
Activity: 949
Merit: 48
September 25, 2020, 09:32:08 PM
For me bitcoin is more exciting investment than gold, because bitcoin can rise up high in a very short period of time without a prior notice or even the most experienced person will never know when it happen so that goes very exciting. While in gold very slow moving price we need to wait for a very long time to earn from our investment so i think bitcoin more great than gold.
hero member
Activity: 2086
Merit: 575
September 25, 2020, 02:07:11 PM

 Everyone said when I was younger that the older I get the more conservative I would become. Now that was politically and people assumed I would vote more right and not left but that didn't happened, I am still quite left when I vote. However it did become a bit more conservative when it comes to investments. For example 5-6 years ago when bitcoin was starting new, I really saw that as an opportunity, and I did my investment a ton and did made some money, by no means I made enough to get rich but I made enough to survive and live with that, which is good enough for me, thought of it as a salary and didn't get rich but helped me not be poor as well. However these days I am looking at gold a bit more, I am considering gold investment more and more the older I get, it is not luxurious or it won't made me rich, however it could totally help me store the value of my wealth.
jr. member
Activity: 1442
Merit: 2
September 25, 2020, 01:44:14 PM
If I have to choose between Gold & Bitcoin for investment, I will choose Bitcoin instead of gold. However, I'm not underestimating Gold but I think Bitcoin's future is much more promising than Gold's. In the coming days, the price of Bitcoin will increase very quickly, but the Gold price will not increase at the same rate. So I think Bitcoin is a better choice in this case.
sr. member
Activity: 939
Merit: 256
September 25, 2020, 03:38:35 AM
I'll take the second option, investing half of your capital in BTC and half in GOLD. this will benefit you. at least you have collateral on gold assets because every year the price of gold increases. whereas with BTC whenever it is unexpected, you can even get bigger profits than BTC.
It is a correct decision, people cannot know what the future of bitcoin is, but everyone is quite sure about the future and stability of gold.
Don't put all your eggs in one basket, so splitting up your investments is a correct decision.

I'll definitely loved to have both investment half in crypto and half in Gold. We all know how precious investment gold is since long time ago and its not degrade its value. But of course i couldn't resist also the precious investment in cryptocurrency amd i believe that time will come for a cryptocurrency to soar high and become popular in near future. Hoping for a crypto soon to be in a peak value and also hoping for all of us to earned like what we earn this past years.
Everyone in this forum loves and has faith that the cryptocurrency will have a great development in the future. However, for a large amount of capital, investors should have plans to prevent the most risky cases. Diversifying investments will be the right tactic for investors.
hero member
Activity: 983
Merit: 502
September 25, 2020, 03:31:47 AM
If you have a huge amount of capital and as an investor, I think you should divide your assets and invest in both gold and bitcoin.
60% invested in gold and $
40% invested in bitcoin and other cryptocurrencies.

Major portion I will also invest in crypto currencies and small portion in gold just to have a diversification as well. Else in future I think crypto would overtake gold in many senses and will be more used than gold. Since gold has being used for decades and easily accepted worldwide the demand is still rising for gold but gradually crypto will also be used in many parts of the world.

We cannot accurately predict the future of the crypto market, maybe it will have a big step or maybe it will turn into a pile of trash.
For a large investment, investing too much in the crypto market brings a lot of risks. It is best to invest a lot in gold and a small part in cryptocurrency.
newbie
Activity: 105
Merit: 0
September 25, 2020, 12:42:06 AM
Both gold or bitcoin is right in their place. We can say that bitcoin is the gold of the coming new generation as everyone has a fascination for gold, but in terms of earning, we can increase our capital using bitcoin. Gold is very important, it is used more in weddings. If both gold and bitcoin are compared then it would be difficult to decide which is better.
sr. member
Activity: 1148
Merit: 300
September 24, 2020, 10:10:36 PM
We don't need to select gold or bitcoin when we can invest on both sides.There is no restriction if we buy both gold and bitcoin and i believe that that it is wiser if we invest on both gold and bitcoin so that we can compare the profit that we can get on investing into it thete is no harm on trying infact we can get learnings thag we can use in the near future.
sr. member
Activity: 978
Merit: 250
September 24, 2020, 06:50:03 PM
On gold I did several research to invest. I can tell you that gold value will not vanished until our Earth exists. But value is increasing very slowly, where we don't know the supply amount of this gold. Invest big money in Bitcoin or altcoins which you can afford to lose. Don't invest all your money in gold when we know the maximum supply of Bitcoin.
hero member
Activity: 1764
Merit: 505
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September 24, 2020, 04:25:01 PM
Apparently, I am not against with gold at the very serious matter specially in terms of profitable aspects. It's more advantageous if both bitcoin and gold will be our main asset these days, because they're the most potential holdings that's considered to be valuable by the time bullrun hits over in the future.
I don't have to choose any of them as rivalry, and I'd loved them to be a good tandem as long as their foundation remain stronger as a currency and asset.
sr. member
Activity: 1526
Merit: 251
September 24, 2020, 12:48:05 PM
you already know the advantages and disadvantages of these 2 commodities, it looks like you have to put your money in according to the circumstances or what type of investment you want.
if I would put 50:50 because both are great assets.
It's still the best option. Having both assets and these two aren't just assets but great assets that many don't have.

Wouldn't go all in to gold and the same as with bitcoin. It's always advisable to put your eggs in different baskets just like what we've been hearing from the great investors that has made that quote.

yes I agree with you, the warren buffet that mentions it, so that when one of your assets decreases you can still replace it elsewhere.
but if viewed from the whole gold is still more desirable in my opinion.
because the liquidity is guaranteed and higher than bitcoin.
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