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Topic: Gold or Bitcoin - page 20. (Read 59425 times)

full member
Activity: 532
Merit: 114
September 21, 2020, 10:47:40 PM
#94
Gold has both real time use and is also a great long term investment, but despite the extreme volatility in crypto, bitcoin has been a great investment for many, and with greater awareness, it should prove to be a fantastic investment. I think there can be no either/or situation, both are great investments, gold can give you monetary relief, bitcoin can change fortunes.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
September 14, 2020, 03:16:54 AM
#93
How about both.  Nothing wrong with spreading your funds around multiple asset classes.  It protects you on the downside from being in one and also missing out on the upside from either of them.  Not saying you have to go 50/50 at this point with gold being really high id put more into bitcoin right now
Well, maybe 50:50 is a good choice for both. where, bitcoin is used as a tool for other businesses, while gold as safe storage. Yeah, but everyone's circumstances are different, personally I might prefer to own gold at this point. the prospects look very promising in the next 5 or 10 years. gold may be better, especially when we have other sources of income.
jr. member
Activity: 126
Merit: 1
September 13, 2020, 10:43:21 PM
#92
Like gold, there is a limited amount of bitcoin. Satoshi Nakamoto, the pseudonymous creator of bitcoin, limited the total supply to 21 million tokens. Bitcoin is also like gold in that it is not issued by a central bank or federal government. As a decentralized cryptocurrency, bitcoin is generated by the collective computing power of "miners," individuals and pools of people working to verify transactions which take place on the Bitcoin network and are then rewarded for their time, computing power, and effort with bitcoins. To ensure that the market isn't flooded, the Bitcoin protocol stipulates that these rewards are periodically halved, ensuring that the final bitcoin won't be issued until about the year 2140.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
September 12, 2020, 06:58:01 PM
#91
no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term
Best decisions investing both on bitcoin and gold. Some prefer investing only in bitcoin that caters more opportunity to earn big since price has it's volatility. Actually, it depends on a person if permits his funds so we can choose to diversity our money to earn profit.

Diversifying your portfolio is really great. And if you have the funds, why not? You can see your physical gold and can sleep soundly at night knowing your stash of gold is there somewhere, however, when you talk about bitcoin, you always have to follow the market and see what's going on. As it is a very risky and volatile investment, your mind is always racing on how to optimize your profits from this investment.
sr. member
Activity: 1148
Merit: 251
September 12, 2020, 06:55:05 PM
#90
no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term
Best decisions investing both on bitcoin and gold. Some prefer investing only in bitcoin that caters more opportunity to earn big since price has it's volatility. Actually, it depends on a person if permits his funds so we can choose to diversity our money to earn profit.
hero member
Activity: 1232
Merit: 858
September 12, 2020, 06:42:33 PM
#89
Bitcoin and Gold are now a valuable asset in which both are worth investing in, well gold is safer because the decline will not be as severe as bitcoin but on the other hand bitcoin has the advantage of being able to go up by 10x in a short time.  where now investors can choose to make money in the near future.

Any trader who wants to earn dollars today should trade bictoin. At the same time, part of the BTC should always remain in the hold, as a long-term investment. Most people consider gold not as an object of trade, but as a way to save their money.

Good strategy, bro. Over the years, bitcoin has proven to be a stable asset, which is excellent as a means of long-term accumulation. Just keep in mind that the price can both rise and fall. Therefore, everyone needs to be prepared that sometimes urgently you will not be able to sell Bitcoins at a good price.
full member
Activity: 1110
Merit: 104
September 12, 2020, 06:09:21 PM
#88
no doubt, both of them have extraordinary value,
and of course Gold and Bitcoin are the best assets in the world besides property,
I think you don't have to choose between Bitcoin and gold, if you have a lot of money buy these two assets, and keep it for a long term
full member
Activity: 700
Merit: 100
September 12, 2020, 04:31:55 PM
#87
Gold or Bitcoin ?
If we see the chart five years ago Gold price was almost about 1200$ and Bitcoin price was almost 300$ . Now in 2020 Gold price is something like 1900$ and Bitcoin price is 10K+ .Though there is some risk in crypto but remember if you want to achieve something big then you must take risks  .So my choice as a investor would be obviously Bitcoin to make a good profit from my money .
legendary
Activity: 3752
Merit: 1415
September 12, 2020, 01:08:48 PM
#86
How about both.  Nothing wrong with spreading your funds around multiple asset classes.  It protects you on the downside from being in one and also missing out on the upside from either of them.  Not saying you have to go 50/50 at this point with gold being really high id put more into bitcoin right now
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 12, 2020, 01:01:24 PM
#85
If you are able to withstand a big risk, of course investing in bitcoin is preferable, but if you are not able to accept the risk, you better just invest in gold, because it is much safer from all risks, but I personally prefer to invest in bitcoin.
Risk with bitcoin is big, because of its high volatility. With gold there is high liquidity, and anywhere accessibility, whereas with bitcoin and other cryptocurrencies we haven't got such access right now. Bitcoin with its limited supply has got the increased value. Gold has got its value through its years of history and rare availability.

In simple for investment purpose I prefer bitcoin and other cryptocurrencies. For the purpose of immediate needs gold is preferred, because anywhere we can use it in exchange for local fiat.
hero member
Activity: 2268
Merit: 789
September 12, 2020, 12:23:19 PM
#84
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!!!!

Given the accessibility of both, I would prefer to invest into Bitcoin than Gold. If you are looking for an investment instrument where the risks are higher but the yield is high, then go for cryptocurrencies (in general). The nature of cryptocurrencies make its price very volatile that may be ideal for both short/long-term value and investment.
Gold, on the other hand, is a non-renewable precious tangible metal that has an innate value. Both bitcoin and gold's price are determined by the number of people who are willing to pay for it. One if its major distinction is its nature, as the former being intangible and the latter being tangible.

What makes bitcoin as my choice is the accessibility and convenience of owning such, unlike gold which is relatively difficult to find/own.
full member
Activity: 616
Merit: 102
September 12, 2020, 12:19:27 PM
#83
If you are able to withstand a big risk, of course investing in bitcoin is preferable, but if you are not able to accept the risk, you better just invest in gold, because it is much safer from all risks, but I personally prefer to invest in bitcoin.
sr. member
Activity: 1596
Merit: 335
September 12, 2020, 12:03:39 PM
#82
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!!!!

Why do you have to choose one if you can invest with both Bitcoin and gold? As investors, we usually do a simple research on where to invest our money with. Bitcoin and gold are both credible when it comes to investment. If you're searching for assurance where you could check for the value of your profit while holding your capital physically then gold is best for that. If you want a digital investment that could give you a good profit in time, then Bitcoin would be a good choice since it has proven us a lot. Both could also have its risks. The profit that we'll be gaining still depends on how we handle our investments.
full member
Activity: 1470
Merit: 148
September 12, 2020, 11:55:11 AM
#81
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!!!!
Gold isn't stable but less stable than bitcoin. We'll know how volatility is bitcoin which can't be compare to gold but despite all these gold still has some element of volatility, so, in all gold isn't stable.  I will thousands time be in love with Bitcoin than chosen gold because of high return of investment. Aside this positivism on the side of Bitcoin, bitcoin security level has been the top among all forms of currency, so, I choose Bitcoin over gold.
legendary
Activity: 2464
Merit: 1102
September 12, 2020, 10:35:06 AM
#80
I really do not like gold versus bitcoin because they are both the same but also so different in my mind. Gold is a safe choice, if you pick gold and buy some and save it at your home (I am against saving it at bank) that means you are safe, you will face some economical trouble and best option is still not to sell it and you will not really live too much volatility, obviously on periods like pandemic it could move around a bit but usually it is not going to go super high, not going to make you wealthy but you are also going to store your wealth there without losing, probably gaining tiny bit.

Bitcoin on the other hand could make you rich, richer than gold could make, but it will also have huge volatility meaning you could be scared and lose a lot of money if you are not patient enough.
sr. member
Activity: 1722
Merit: 269
September 12, 2020, 07:36:45 AM
#79
If you own a bitcoin you basically own nothing. At least not physically, you only own a private key which is worth X amount of $ depending on how many BTC are on that wallet.
Which is pretty crazy when you think about it.
When you own gold in the form of coins or a bar you can keep at your bank or take it home with you and you can touch it and admire it if you want  Cheesy.
But of course gold is not for quick gains or huge profit, it's more a reserve for the case that everything collapses again.
sr. member
Activity: 554
Merit: 271
September 12, 2020, 06:21:46 AM
#78
There are only 2 choice, Gold or Bitcoin. For me, i always choose Bitcoin for invest.
Because with that history of price, Bitcoin is more influental in economic i think.
full member
Activity: 674
Merit: 100
September 12, 2020, 05:57:11 AM
#77
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!!!!
For me and in my opinion, I suggest that you invest your money in bitcoin especially knowing bitcoin is decentralized at the same time you can hold it for a very long time and wait for the right moment that you think is very beneficial and profitable in you. But investing in bitcoin you should be willing to take a high risk but I can safely say it will be all worth it.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 12, 2020, 05:13:21 AM
#76
Bitcoin and Gold are now a valuable asset in which both are worth investing in, well gold is safer because the decline will not be as severe as bitcoin but on the other hand bitcoin has the advantage of being able to go up by 10x in a short time.  where now investors can choose to make money in the near future.

Any trader who wants to earn dollars today should trade bictoin. At the same time, part of the BTC should always remain in the hold, as a long-term investment. Most people consider gold not as an object of trade, but as a way to save their money.
full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
September 12, 2020, 01:09:43 AM
#75
I think both assets have the capability in terms of creating an income in the future However, with the rapid changes in information technology, I was dominant in trying to invest in bitcoin when the state really started to regulate it so I felt more comfortable relying on bitcoin as a means of supporting the economy.
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