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Topic: Gold or Bitcoin - page 4. (Read 59373 times)

member
Activity: 896
Merit: 17
March 04, 2021, 09:51:50 AM
Depending on how long you want to make a profit from the invested funds, gold is growing steadily, but it is for the long term, but bitcoin can multiply your savings in a couple of days , you can lose everything just as quickly.
legendary
Activity: 2674
Merit: 1226
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March 04, 2021, 09:42:14 AM
As a financial backer and crypto devotee I will pick bitcoin, gold is just acceptable on occasion of terrible occasions in worldwide economy or frenzy circumstance in economies around the world. Additionally for bitcoin you have full control and liquidity while for gold you may not generally discover purchasers in your neighborhood.

What does financial backer and crypto devotee even mean haha. Sorry but in my experience, the people who actually use crypto the most aren't financial backers or would even call themselves devotees.

So funny to read people who blog or write and say opinions but actually hardly ever use bitcoin or crypto.

But you're right of course and I agree. If I could buy gold I would. But I can't. Bitcoin just makes sense. Easy to find, buy and sell.
full member
Activity: 1246
Merit: 103
March 04, 2021, 08:55:51 AM
I am already very interested in investing in Virtual currency when compared to investing in gold. because investing in digital currency can provide enormous benefits. I think gold investing only gives us a small profit.
Actually the benefits are not small if someone invests in gold, it's just that the duration must be longer, in contrast to investing into crypto currencies which can be profitable very quickly if market conditions allow, but the risk is also very large, because this is different from gold which carries very little risk.

although we have to do it in the long term, I think the benefits obtained in investing in gold are smaller than investing in digital currencies. Regarding risk, of course all investment activities always have a risk. but we need to pay more attention to it in order to avoid the intended risks.
full member
Activity: 798
Merit: 115
March 04, 2021, 06:24:54 AM
Gold is always less risk-free and guaranteed money. Bitcoin, on the other hand, is a more profitable but risky money in my eyes. The new generation prefers bitcoin more, but the old generation does not give up gold.

Also depends how active you wanna be in your investments. Gold market doesnt change that drastically and there are not many popular alternatives, while crypto has a lot of alternative coins with potential, so if you would be willing to spend some time and play with your investment, then crypto is the fun option Cheesy
sr. member
Activity: 1064
Merit: 300
March 04, 2021, 05:33:46 AM
 If you really had a large amount of money then you definitely would not ask for advice here on the forum. However, if you have a profit from holding Bitcoin i recommend that you buy gold for a portion of this profit. Gold as you said is a safe haven.
legendary
Activity: 2198
Merit: 1232
March 04, 2021, 05:33:09 AM
Both are good investment options,limited supply is the biggest factor.but my preference would be bitcoin, which is much more practical to keep or buy.
full member
Activity: 854
Merit: 109
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March 04, 2021, 05:26:30 AM
Gold is always less risk-free and guaranteed money. Bitcoin, on the other hand, is a more profitable but risky money in my eyes. The new generation prefers bitcoin more, but the old generation does not give up gold.
full member
Activity: 1246
Merit: 103
March 04, 2021, 05:16:12 AM
I am already very interested in investing in Virtual currency when compared to investing in gold. because investing in digital currency can provide enormous benefits. I think gold investing only gives us a small profit.
jr. member
Activity: 392
Merit: 2
March 04, 2021, 04:13:03 AM
In the event that I immense measure of cash or i get bigger money for investment, I won't place it in something stable so for me bitcoin is the most ideal decision and I know its not like gold price doesnt increase too just takes a longer time unlike Bitcoin and other major crypto currency and the best speculation that I can make, the instability of the bitcoin is actually what I like wherein I can make twofold digit acquire in not more than months dissimilar to in gold your venture is so steady since it has the qualities of place
full member
Activity: 1022
Merit: 100
March 04, 2021, 01:33:44 AM
I prefer investing in bitcoin if I have enough money. but I also invest in gold, I will share my money to be able to invest in gold and bitcoin. 50% for gold and 50% for bitcoin.
full member
Activity: 868
Merit: 108
March 03, 2021, 11:17:41 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!!!!

For me, its better to invest in both gold and bitcoin if you have a lot of money, just what the proverb says, dont put all eggs in one basket in case of emergency happen your money are not all in danger situation, so you can easily manage your lost and profit in that situation.

Choosing one place to invest you all asset is not good thinking for me if you are going to invest to make money for the future.
member
Activity: 1260
Merit: 21
March 03, 2021, 11:14:27 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!!!!

It depends on the time of the funds availability  Grin Lets say I had the funds during the bear season, 80% of it is going into Bitcoin Investment and the other 20% on the Gold and I am just going to sit back for the bull season to come and I will be having enough to buy 10X gold.  Wink
sr. member
Activity: 1092
Merit: 267
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March 03, 2021, 11:06:43 PM
The price of both gold and bitcoin is much higher but it is up to the user to decide which one to use. However although the risk of bitcoin is higher than gold the demand for bitcoin in the crypto market is higher the risk for gold is much lower. Traders benefit when the price of investing in bitcoin increases with risk.
full member
Activity: 600
Merit: 100
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March 03, 2021, 10:08:58 PM
the difference is very far when compared in terms of price between gold and bitcoin but all the choices from yourself if you are able to accept large risks when investing You can choose bitcoin but the opposite is true if you don't want to take a big risk can invest in gold however the price movements are quite stable in gold
jr. member
Activity: 378
Merit: 3
March 03, 2021, 10:01:54 PM
Many investors say that bitcoin has properties like a yellow metal so that the crypto coin with the largest market capitalization value is dubbed the digital version of gold.
so many people still keep their gold in the safety box and wait until the price of gold increasing,But in fact, gold isn't completely immune either.
in 2021, the price of gold dropped significantly,
unlike Bitcoin (BTC) the price of BTC itself keep rising already reached +$50k, so what are you waiting for now?
it's your choice, for me, i prefer to buy BTC these days.


hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
March 03, 2021, 06:52:53 PM
Well about bitcoin or gold debate and topic. Mark Cuban has something to say about it.
(https://cointelegraph.com/news/bitcoin-is-technology-but-gold-is-dead-mark-cuban-tells-peter-schiff)
(https://www.kitco.com/news/2021-03-03/Mark-Cuban-says-gold-is-dead-as-Peter-Schiff-slams-bitcoin-as-waste-of-energy.html)
If you don't know who Mark Cuban is, search who he is.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
March 03, 2021, 06:33:19 PM
One thing I always ask myself anytime I want to invest in anything is that why do I want to do that? I think the main purpose of investing is to have returns in terms of profits, and devidend. We all know gold for it's stability for a very long time now, and if you are looking for where to fixed your money with no necessary increament in what you have invested, gold is the way for you. The only thing is that you might not have anything profit, but you can be sure the price will still be almost the same. With no risks attached at all. But if the purpose of your Investment is to make profit like myself now, Bitcoin is the option you can go for. But mind you this comes with a risk, it's either the price goes up and you take your profit or it comes down and you lost some of the money.
full member
Activity: 637
Merit: 108
March 03, 2021, 11:24:16 AM
As a financial backer and crypto devotee I will pick bitcoin, gold is just acceptable on occasion of terrible occasions in worldwide economy or frenzy circumstance in economies around the world. Additionally for bitcoin you have full control and liquidity while for gold you may not generally discover purchasers in your neighborhood.
JNR
full member
Activity: 585
Merit: 100
@JNRcryptobox
February 28, 2021, 12:28:42 PM
I will choose gold which has a very low risk of bitcoin, yes, the risk is very high, even though profits can be obtained quickly in bitcoin. stay safe

better to choose both, because at this moment the opportunity in bitcoin investment is higher if we comparing with gold my friend
member
Activity: 392
Merit: 14
CLEVERBOUNTY
February 28, 2021, 11:50:38 AM
For now, it's better to hold gold, sell bitcoin to buy gold, because the price will soon go down.
 This is just a speculation I saw from last year, where prices will fall in the next month
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