Topic: Gold or Bitcoin - page 23. (Read 59393 times)
If I am told to choose between Gold and Bitcoin, I would prefer Bitcoin for my future investment and the potential will be better than Gold, why would I prefer Bitcoin for investment because I will hold Bitcoin for a long time and I believe the Bitcoin price will be more well when the time comes. Unlike gold, if I invest in gold for a long time, I am afraid that the price will not go up when needed and want to sell it the yield is not what we want in the future.
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!!!!
Well in my case, I am not that kind big of investors so I have no definitely access to Gold investment so I will go for Bitcoin due to the fact that it is pretty convenient and accessible for everyone. Besides, what I like about Bitcoin is the high volatility which can never be seen on Gold. Not gonna lie gold is more stable and more secure than Bitcoin but remember the higher the risk si the higher the profit will be. Moreover, I've been here almost 3 years in this industry so I witnessed what Bitcoin can do within a single amount of time. 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!!!!
We as crypto users will certainly choose bitcoin to invest because the price movement is rapidly changing to a higher lift so that in a moment we can get a big profit, but the risk is also great if the price drops then we will definitely suffer losses, whereas gold price movements can be said to be stable so the risk to invest is very low, and the profit we get is also small.
I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
I agree with you, hedging your portfolio with precious commodities and bitcoins is the best way. But one thing to notice is that the gold price is much closer to its all time high than the bitcoin price. In my opinion there is much more room for bitcoins to go up in price than gold. Another problem is that storing physical gold is expensive,much more than you pay for any bitcoin wallet. Better to go fit bitcoins than gold.
I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
I agree with you. If I compare the two, I see Bitcoin has more advantages and will definitely have a higher total capitalization than gold one day. However, in order to gain more public awareness, the entire crypto market needs to be legalized as this is something that will make investors feel more secure. This year I only invested in Bitcoin because the profit from this coin gives me very high. 
If I'm to chose between investing in Bitcoin or gold, I'll most likely invest in Bitcoin. This is simply because I have confidence in the cryptocurrency market and I vehemently believe that if bitcoin is traded it could give amazing returns. Gold no doubt is what considering due to its stability and durability, but I'm majorly concerned about returns on investment.
Well mostly will opt to choose bitcoin as it has more opportunity can gives to the user. Op has the choices when it comes to investing in both bitcoin or gold. If he has a high funds diversifying is also a nice decision.
I will hedge my money on the both. Looking on how the economy situation is going with hyper inflation. Bitcoin is limited cap with 21 million total supply while gold is unlimited with uncertain supply. Gold is okay but not profitable in my opinion, looking at the yearly growth ROI, Bitcoin outperformed Gold. The only challenge I have with bitcoin is volatility.
If I'm to chose between investing in Bitcoin or gold, I'll most likely invest in Bitcoin. This is simply because I have confidence in the cryptocurrency market and I vehemently believe that if bitcoin is traded it could give amazing returns. Gold no doubt is what considering due to its stability and durability, but I'm majorly concerned about returns on investment.
I asked my wife and she picked Gold.
Ladies.
I am not a fan of Gold but I became a fan of Bitcoin as years go by here in this forum.
Even in my young days I never wear gold. They say it has something that will bring you near God but that is the old testament.
Now it is just an investment, a property or to show off.
Bitcoin on the other hand has a great feature that may become usable someday. That is why it is best to buy early. Just like gold 500 years ago.
Ladies.
I am not a fan of Gold but I became a fan of Bitcoin as years go by here in this forum.
Even in my young days I never wear gold. They say it has something that will bring you near God but that is the old testament.
Now it is just an investment, a property or to show off.
Bitcoin on the other hand has a great feature that may become usable someday. That is why it is best to buy early. Just like gold 500 years ago.
Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
So which has your vote? Gold or Bitcoin!!!!
In my opinion, we should invest in Bitcoin better than gold. We know that crypto is a new financial market but it does not have the strict control of any government. The illegal and mysterious things always make people curious, then our markets will have diverse types of people and diverse ages. I saw boys in high school but were interested in blockchain as well as cryptocurrency. Our market is very futuristic, and bitcoin is sure to grow even more in the future when supply falls short of demand. So which has your vote? Gold or Bitcoin!!!!
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!!!!
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 everything you look at is with intentions of profit then this is fine answer, because bitcoin can bring you large amounts of returns in no time. Sometimes people earn big amounts of chunks in single day than anyone would earn from months of investments in stocks, golds etc.
But with the stable investment point of view of course no one can touch the beauty of gold. FYI: Gold is also profitable these days if you see high peek in the Gold prices.
If you don't want to be quick rich then surely Gold is what you looking for. Invest, lockout the funds, and wait for few years to see prices hiking like crazy. I would say it's a win-win situation.
Split your money into two parts, equal distributed.
Call the 1st part "Precious metals" and call the 2nd part "Crypto"
Precious metals should contain
- 50% in gold
- 35% in silver
- 15% in copper
Crypto should contain
- 50% in bitcoin
- 35% in ETH
- 15% in various altcoins (link, ada, dot, etc...)
Call the 1st part "Precious metals" and call the 2nd part "Crypto"
Precious metals should contain
- 50% in gold
- 35% in silver
- 15% in copper
Crypto should contain
- 50% in bitcoin
- 35% in ETH
- 15% in various altcoins (link, ada, dot, etc...)
You’re asking the question on a Bitcoin forum, so what the answer you’re getting is definitely going to be Bitcoin. But that aside, I am still going to choose Bitcoin over gold, or maybe invest a little in gold and the rest will go to Bitcoin. Bitcoin is easy to sell for me at anytime, and the profit that comes from it will be huge compared to what I am going to get from investing that money in gold. The crash can be huge in Bitcoin, but it’s not like it’s going to be down forever, after everything the market will still recover and I will make my profit back. Gold is also a good investment, if you can’t decide what to go with, just divide the money like I said at first.
Just like what others said, diversification is vital for less risk for your capital and make sure your investment grows.
So in this kind of situation, let's say that it's only for one. If I were to choose between the two, I would select Bitcoin. I'm quite of a risk-taker, and I have lost a lot of money due to my character like that, but I always thought that without risk, you could not grow your money. You can do it the smart way and be balanced with the way you approach it.
Look at it this way. It's better to have more options for your investment, rather than a single asset. What I mean is, with Bitcoin, you could:
There are a lot of ways you could do it. You would need to be patient and understand it.
So in this kind of situation, let's say that it's only for one. If I were to choose between the two, I would select Bitcoin. I'm quite of a risk-taker, and I have lost a lot of money due to my character like that, but I always thought that without risk, you could not grow your money. You can do it the smart way and be balanced with the way you approach it.
Look at it this way. It's better to have more options for your investment, rather than a single asset. What I mean is, with Bitcoin, you could:
- Buy Services with Bitcoin
- Trade another crypto with Bitcoin and increase the growth of your capital even more
There are a lot of ways you could do it. You would need to be patient and understand it.
No need to think where, invest with both as much as possible. Gold can make you look fancy while bitcoin can give you the feeling of living in 2030 lol. Forex trading is a little bit complicated, but on the other hand, crypto trading is more accesible even to a youngster. Therefore, it will be just a waste of our time and effort if we compare it to one another all day long . They are good assets possessing their own pros and cons. That's it.
But if you are just a beginner then I advice you to try bitcoin first because you can easily buy small portions of it thus you will not get hurt too much because you lose small amount as well. Treat this as your training ground. Just my own opinion tho.
. They are good assets possessing their own pros and cons. That's it. But if you are just a beginner then I advice you to try bitcoin first because you can easily buy small portions of it thus you will not get hurt too much because you lose small amount as well. Treat this as your training ground. Just my own opinion tho.
Gold and Bitcoin , both is good to invest on it. For hope get higher profit , in the current market , choose to invest in bitcoin.
But , for low risk choose gold is not problem. Or maybe you can deserve your money into bothly.
But , for low risk choose gold is not problem. Or maybe you can deserve your money into bothly.
You may definitively want to do both.
Diversification is a great hedge against risks.
Note that you can find tokenized gold like PAX Gold
more liquid and somewhat more convenient.
Diversification is a great hedge against risks.
Note that you can find tokenized gold like PAX Gold
more liquid and somewhat more convenient.
I would share my money 50% gold and 50% bitcoin , I would rather to keep eggs in different baskets, in 2020 gold did an ATH due to the covid 19 and proved that people still believe in gold much more than anything else .
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!!!!
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 guess that will be easy to decide. But first, I want to know how much money you have. If you have $100k, I suggest you invest in both gold and bitcoin. Right now, gold moves seem very good, and I think that can be your long term investment as the material of gold will not infinite. And then you can invest in bitcoin for your second long term investment. After that, you should leave the market and don't take a look at it because the market can make you become confused to see the price fluctuate.
Both gold and bitcoin will have the risk, and you should know how to prevent the big risk. If you can minimize the risk, then that will not be a problem for you since you want to have a long term investment.
Let's say I have a huge amount of money as an investor, where do I put them? Bitcoin or Gold
We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return WHILE Bitcoin on the other hand can be quite profitable but it's risk of negative volatility can be catastrophic!
So which has your vote? Gold or Bitcoin!!!!
We all know that gold is known for its stability which could be vital in times of financial crisis; but doesn't exactly bring good return WHILE Bitcoin on the other hand can be quite profitable but it's risk of negative volatility can be catastrophic!
So which has your vote? Gold or Bitcoin!!!!
Well, obviously of course, if you anyone is a bitcoin fanatic they will gonna choose Bitcoin. It is because they knew and believe that it has a good future. Although Gold is not bad in fact, this is good as back up by real currency. Like for example US$ back-up by Gold something like that. And it's not practical nowadays to invest in it if you want a quick profit.
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