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Topic: Gold or Bitcoin - page 19. (Read 59404 times)

copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 22, 2020, 02:57:47 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!!!!
Let us be honest over here. We don't know what is the future of bitcoin or any other crypto currencies. What if new technologies immerges eventually in the future that can break the whole chain? A system that can easily make the security of the transactions extremely weak? What if a new and technology that is better than blockchain is invented? This would kill the entire economy. But this is highly unlikely to happen within the next decade. On other hand, gold is a natural scarce resource and is globally accepted. Why not invest on both?
jr. member
Activity: 296
Merit: 1
September 22, 2020, 01:44:52 PM
I think, Bitcoin has it's own advantages and so do with gold. When it comes to long term investment gold has proven to be stabled, but Bitcoin is completely digital, it can easily be transferred to another user and sold for any Fiat value.
member
Activity: 128
Merit: 13
www.fintropy.io
September 22, 2020, 01:32:38 PM
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.
Gold is currently more stable than Bitcoin and it makes sense to invest in it. At the same time, Bitcoin has volatility that can positively affect your financial position in the long term.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
September 22, 2020, 12:56:55 PM
Both Gold and Bitcoin are save investment, the only issue I have with Gold is the unlimited cap it has, unlike Bitcoin that we are sure it is just 21 million that would be in circulation. Bitcoin has many advantage over Gold, being digital means you can carry it around and no one can confiscate it without you giving them your private key. For me Bitcoin
jr. member
Activity: 397
Merit: 1
September 22, 2020, 12:45:24 PM
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.
sr. member
Activity: 1092
Merit: 284
September 22, 2020, 12:43:36 PM
If you are an investor then of course you have a lot of capital to invest and if that is the case, it would be better for you to invest in both. It's different if you only have low capital which you are basically not a big investor, then I think it would be better to invest in bitcoin or other crypto for bigger and fast profits.

Investing in both is just to put your money in safe assets and not (which have a higher risk) like in cryptocurrency, and investing in crypto you can do with money that is ready to lose is different when you invest in gold, I think it's a long-term investment that secure.
Gold I think it is only for long-term investing because the stability of gold is more guaranteed, there is no higher risk than crypto, but it takes years of waiting for the benefits of gold, maybe for us bored with a long time, therefore people are now turning to cryptocurrency. bitcoin they know investing there is very quick to gain in as well as the risk it will still most people choose crypto over gold
I only hold gold when the market is bearish so I will more secure my assets compared to crypto because when it falls it's difficult to get up.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 22, 2020, 12:32:29 PM
If you are an investor then of course you have a lot of capital to invest and if that is the case, it would be better for you to invest in both. It's different if you only have low capital which you are basically not a big investor, then I think it would be better to invest in bitcoin or other crypto for bigger and fast profits.

Investing in both is just to put your money in safe assets and not (which have a higher risk) like in cryptocurrency, and investing in crypto you can do with money that is ready to lose is different when you invest in gold, I think it's a long-term investment that secure.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
September 22, 2020, 12:23:08 PM
Actually you already understand both, gold is a good saving in terms of stability and increase. And bitcoin actually carries a bigger risk than gold. I prefer to put both, but depending on you will choose a safe or high risk.
hero member
Activity: 1582
Merit: 523
September 22, 2020, 11:59:32 AM
Honestly speaking, i would choose gold over bitcoin. Because gold is more valuable as time passes by, it's value would increase time after time. Although bitcoin's value and popularity is just like gold that increased into auch high level, bitcoin has the possibility to lose it's value in the future, we might not know. However gold doesn't lose value i think even for how many generations in the future.
We have different preferences on what to choose in terms of our funds to grow. Some really preferred gold for a safe investment since crypto price is very volatile. And, indeed we don't know what's the future of bitcoin and there’a a possibility value may not be soaring high, imo. Though we can also consider bitcoin of a high chance to earn.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
September 22, 2020, 11:36:43 AM
For me, this in conditions...
I will but GOLD maybe for my family and i will buy bitcoin for investment.
Because, gold and bitcoin for me they different taste.
indeed because both have very different forms, for gold it does have a physical and can have a very expensive price and the conditions for the exchange value tend to be stable and always increase, while bitcoin has an invisible form because bitcoin which has a digital form will make them safer and conditions of unstable price movements tend to have a very high risk and the advantage of bitcoin is that it does not need special space to store it, while gold still requires a special space to store it as best as possible.
hero member
Activity: 2086
Merit: 575
September 22, 2020, 10:50:25 AM

 I still do not understand why people feel like they have to choice an investment, I mean it is totally irrelevant if you want to invest into gold or bitcoin because if you want to invest into bitcoin you could invest into bitcoin and not gold, if you want to invest into gold then you can invest into gold and not bitcoin, if you want to invest into both you could invest into both and if you do not want to invest into neither you do not have to invest into neither of them. Why do people feel like they have to pick the best one out of each other, you could do both of them because they each have their own pros and cons, you could weight them out and see if you would like to make any profit one way or another and pick both or one of them.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
September 22, 2020, 10:32:02 AM
Most investors consider bitcoin to be the best speculative asset at the moment.  On the other side, Bitcoin has characteristics that have the potential to provide greater value to investors compared to gold.  Bitcoin and Gold can be used as assets that complement an investment portfolio.
An investment principle to note is never to put all your money into one type of investment.  Although bitcoin looks better and tantalizing, you should not just put all the money into bitcoin, Set aside a portion of your money for other investments.  Remember, the choice is yours.
full member
Activity: 896
Merit: 102
-= OI =-
September 22, 2020, 09:45:44 AM
For me, this in conditions...
I will but GOLD maybe for my family and i will buy bitcoin for investment.
Because, gold and bitcoin for me they different taste.
hero member
Activity: 1005
Merit: 502
Sovryn - Brings DeFi to Bitcoin
September 22, 2020, 06:21:15 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!!!!

I think the value of the girl Is very high at the  moment. So I am personally waiting for it to drop a little bit but yeah it is a good idea to keep something invested in gold.for hedging against traditional investments.
member
Activity: 224
Merit: 10
Bounty Detective
September 22, 2020, 06:05:29 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!!!!
In my own opinion I think the best option for your investment is in terms of bitcoin because of that fact that it is decentralized and there is a very high potential to double or even triple your invested money.
member
Activity: 687
Merit: 11
September 22, 2020, 04:42:38 AM
#99
Both is good to keep asset, as a cryptocurrency enthusiasts that has been adapted to the blockchain, I will invest 60% in Bitcoin and 40% in Gold because both will definitely yield profit in few years to come.
newbie
Activity: 28
Merit: 1
September 22, 2020, 03:10:37 AM
#98
I will go for both

Gold, been traded forever in many civilazations and because is the standard when it comes to storage of value.
Bitcoin, privacy if is used properly

Of course both have some negative things, like:
Gold: is hard to storage or move large sums and needs vaults, certificates, etc, it can be confiscated by the government
Bitcoin: Its code is protected by a small group of people what it makes it centralized, and you will need to trust them if you use Bitcoin.
member
Activity: 489
Merit: 16
www.cd3d.app
September 22, 2020, 02:25:54 AM
#97
Honestly speaking, i would choose gold over bitcoin. Because gold is more valuable as time passes by, it's value would increase time after time. Although bitcoin's value and popularity is just like gold that increased into auch high level, bitcoin has the possibility to lose it's value in the future, we might not know. However gold doesn't lose value i think even for how many generations in the future.
sr. member
Activity: 1204
Merit: 272
1xbit.com
September 22, 2020, 02:05:53 AM
#96
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!!!!

If you want huge profit in less time, then go for Bitcoins for sure.
But if you are afraid of losses then, surely Go for Gold, as it is more stable than Bitcoins.
Moreover many new traders go for Bitcoins to hold as they want to maintain their level with the ongoing competitions.
But still holding Gold may be a good decision, if it yields you slow profit for a longer period of time.
jr. member
Activity: 147
Merit: 6
September 22, 2020, 01:40:08 AM
#95
The answer is diversification. Invest 50% of funds in gold and the rest half in Bitcoin. These assets aren't correlated, so you will minimize your risks.
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