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Topic: Gold or Bitcoin - page 8. (Read 59373 times)

sr. member
Activity: 882
Merit: 269
November 26, 2020, 09:29:12 AM
Gold can retain value much better than other forms of currency. Gold has a far greater tenure than bitcoin. Gold was first used more than 2,000 years ago. Gold is a strong and safe asset. Gold is a valuable asset than any other assets. It’s tough to steal it, to pass off fake gold, or to otherwise corrupt the metal.
On the hand, bitcoin has some drawbacks. It is a risky transaction system. Bitcoins are not widely accepted. The Bitcoin system could contain unexploited flaws.
If we think about security and other advantages, then gold is far better than any other assets. So, we can say that gold is the best for long-term investment.
Finally, for short-term profit-taking, you can definitely invest a decent amount in Bitcoin too.

And if i were have the opportunity to avail both gold and bitcoin as an investment i would surely grant it. For me gold were a good long term investment which i know as much as the time pass by the more it become much valuable and didn't degrade ghe value. However bitcoin today was supposedly the good asset and i can't deny the fact that what the value of bitcoin possessed today were attractive to any investors and no doubt that more investors were willingly to invest. Can't also deny how risky it is to invest in both but the mere fact that rest assured will be profitable were undeniably true.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
November 26, 2020, 09:25:13 AM
A few months ago the price of gold has strengthened to an all-time high as investors were looking for safe investments in the midst of the corona virus pandemic at that time but now the price of gold has declined again and it has made investors start shifting their target to return to using bitcoin as an investment asset, and we can see the real impact now the price of bitcoin continues to strengthen and has experienced a fairly high increase in price now in the market. It seems that investors are starting to think that bitcoin is more profitable than investing in gold in this era.
full member
Activity: 1218
Merit: 112
November 26, 2020, 08:54:51 AM
Gold can retain value much better than other forms of currency. Gold has a far greater tenure than bitcoin. Gold was first used more than 2,000 years ago. Gold is a strong and safe asset. Gold is a valuable asset than any other assets. It’s tough to steal it, to pass off fake gold, or to otherwise corrupt the metal.
On the hand, bitcoin has some drawbacks. It is a risky transaction system. Bitcoins are not widely accepted. The Bitcoin system could contain unexploited flaws.
If we think about security and other advantages, then gold is far better than any other assets. So, we can say that gold is the best for long-term investment.
Finally, for short-term profit-taking, you can definitely invest a decent amount in Bitcoin too.
hero member
Activity: 1372
Merit: 500
November 26, 2020, 04:59:55 AM
As an cryptocurrency enthusiasts consider bitcoin to be the best speculative asset at the moment.  On the other hand, bitcoin has characteristics that have the potential to provide greater value to investors compared to gold.  Bitcoin is easier to transfer and more suitable to be used as currency, but on the other hand the movement of gold is more stable with a proven track record.  So in my opinion, Gold and bitcoin can complement investors' portfolios for greater returns.
jr. member
Activity: 448
Merit: 4
November 26, 2020, 03:22:47 AM
If ever i have huge amount of capital, i will choose both Gold and Bitcoin 75 percent of it will put in bitcoin and the remaining 25 percent will be in gold. I will invest more in bitcoin because the chances of it's growing is higher, unlike with gold. But gold as an investment offers dual benefits of risk-reduction and wealth creation while bitcoin is volatile, they are different and both good in terms of investment.
sr. member
Activity: 2380
Merit: 267
Vave.com - Crypto Casino
November 26, 2020, 12:42:55 AM
Of course gold is vital  and it helps during the bad times to recover but it can not change anything properly because this staying at the same position where it was and where is it right now. But bitcoin price since march till now is  a great proof and that is enough to  answer. though here is a bit of risk but it should be taken for a great return.

Gold has always been used as a good investment as well as is usually used to show that he is a capable person because he has gold to show off, but when crypto appears there is very confusing competition. but if those who want to be safe with their investment clearly prefer gold because there is little risk to be exposed, in contrast to crypto it can soar but it can also be detrimental if the analysis is wrong. indeed two different sides but both are still the best for investing.
sr. member
Activity: 406
Merit: 252
kittiefight.io Combat MMO Lending Jackpots
November 25, 2020, 07:25:06 PM
According to my opinion, I would always choose BTC over anything. Because it has huge potential in its growth and people have known this side of the BTC and that's why it has the highest market capitalization in the crypto market. Some of my friends have sold their gold to buy BTC and there are so many examples like that because these people knew how much they could earn in the future through BTC investment.

Bitcoin is the same asset to invest as many others
 such as gold
for some reason, investing in bitcoin is more profitable
for other reasons, gold is better
a smart person does not choose one thing, he invests in bitcoin and gold
the main thing is to correctly distribute the proportions
personally, I like bitcoin primarily because it is much easier to buy and sell, and also to send to another person
full member
Activity: 637
Merit: 108
November 24, 2020, 02:10:56 PM
Of course gold is vital  and it helps during the bad times to recover but it can not change anything properly because this staying at the same position where it was and where is it right now. But bitcoin price since march till now is  a great proof and that is enough to  answer. though here is a bit of risk but it should be taken for a great return.
hero member
Activity: 722
Merit: 500
November 24, 2020, 12:48:07 PM
with the printing press turned on in the USA and Europe, any product with a limited release can be regarded as gold, in ancient times they also accepted shells as money, but right now Bitcoin will come off completely as a store of value, plus settlements with it with the development of infrastructure will be easier than with gold.
member
Activity: 1078
Merit: 21
COMBONetworkio
November 24, 2020, 12:19:54 PM
Of course, I am the side of bitcoin which will be stand a great position in the future. I hope that gold can not be reached as bitcoin. Though gold is a valuable metal, bitcoin will be the most promising digital currency.

Until now, in my opinion, bitcoin still cannot have the name digital currency,
because if you know that fees in Bitcoin are very expensive, and transaction speed depends on fees,
of course this is very influential, if it is an asset I still agree.
member
Activity: 462
Merit: 14
November 24, 2020, 08:12:26 AM
Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.
It's a really good investment if you bought it "a few months ago" but for now it might be a little too late as the price is already high. gold is not suitable as an investment, but rather a savings. A stable value makes gold not a good investment unless you have a large budget
I am for gold. Yes, bitcoin is not a good buy now because the current market is high. But if you really believe bitcoin can reach 20K$ or more then an investor could still be earn or investing in bitcoin could be profitable. But my advise would be to invest in bitcoin after the ATH so that one can buy cheaper bitcoin. For now, the market is not really good for earning so if you are patient and are not willing to take the risk then patiently waiting for market price to drop for bitcoin will be ideal.
legendary
Activity: 1274
Merit: 1000
November 24, 2020, 07:59:12 AM
Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.
It's a really good investment if you bought it "a few months ago" but for now it might be a little too late as the price is already high. gold is not suitable as an investment, but rather a savings. A stable value makes gold not a good investment unless you have a large budget
member
Activity: 308
Merit: 10
November 24, 2020, 07:43:58 AM
According to me,

Crypto market is volatile and gold market is not like this it's nearly stable.

I'm from India and here Gold Price is :- 68 USDT/ Per Gram
And now bitcoin is :- 18,000 USDT

More Risk = More Profit

If you enter into the Bitcoin market then may be it will fall down quickly because it's market is volatile.
If you invest in Gold, then the profit is also low because risk is also low as compared to bitcoin.

Then I choose Gold, The more you hold then more profit you will get with low risk for a long term.  Smiley
sr. member
Activity: 2380
Merit: 267
Vave.com - Crypto Casino
November 24, 2020, 04:16:55 AM
Gold is hard to acquire and the price doesn't have much that room to grow at the moment, meanwhile bitcoin is on a great run and will surpass it's all time high this year or next year. So good investment for now is obviously bitcoin.

to be honest, both are actually equally good investments, but what distinguishes is the level of the price that occurs which makes the difference look striking. gold is clearly not a big risk and the increase is not too high either. different from bitcoin which carries a very large risk but the results received if successful are also quite large and proportional to the risk that will be experienced.
full member
Activity: 325
Merit: 100
November 23, 2020, 12:30:08 PM
According to my observation, gold and Bitcoin seem to be related, because recently every time gold rises in price, Bitcoin also increases in price. So if I have money. I will wait for gold to increase, I will invest in Bitcoin because the value of Bitcoin is huge.
full member
Activity: 333
Merit: 105
www.cd3d.app
November 23, 2020, 11:45:23 AM
I would definitely vote for Bitcoin. Because the main goal of an investor is how to make more profit. If Bitcoin and Gold can be invested in a certain time range, I think Bitcoin can make more profit.  But you must understand the time to invest.
full member
Activity: 540
Merit: 100
November 23, 2020, 10:36:50 AM
It depends what people you are, if you want to look for more excitement, investing in BTC is obviously an exciting thing, that feeling  just like riding the roller coaster, one second your mood up to heaven, the next second your mood may down to hell. But if you are a conservative invstor, i think invest in gold is a good choise.
Anyway,gold and btc both are good thing that worth to buy.
both of them are good to buy because both of them assets that can become profitable in the near future. I think it will depend on how much money do you have. Are you rich enough to buy a lot of gold bars or are you just a small investors who have money to buy satoshi. It also depend on what you like where it is really depends on what skills that you have.
full member
Activity: 265
Merit: 100
November 23, 2020, 06:12:59 AM
It depends what people you are, if you want to look for more excitement, investing in BTC is obviously an exciting thing, that feeling  just like riding the roller coaster, one second your mood up to heaven, the next second your mood may down to hell. But if you are a conservative invstor, i think invest in gold is a good choise.
Anyway,gold and btc both are good thing that worth to buy.
member
Activity: 517
Merit: 10
November 23, 2020, 05:56:58 AM
Its developing. I'll rather pick what will continue developing. That Pick what's simply stale, gold won't increment in cost. Be that as it may, bitcoin can build more whenever. Bitcoin will be significantly more productive when you can enter the market at the plunge cost. Both were offering something very similar like security however on the off chance that we are seeing from the convenience and bitcoin is greatly improved consider it was not getting controlled like gold.
sr. member
Activity: 1036
Merit: 281
November 23, 2020, 05:15:29 AM
I do not like an investment where my ROI will take a lot of years, in terms of investing physical gold I don't like it because the returns are not worth it for me wherein, I can say that I can waste a lot of opportunities in different financial instruments. Gold is considered as safe investment by a lot of investors and it is proven in these past years but there are still risks and for me gold cannot give me huge returns like bitcoin does, I actually manage to make consistent return when I do trading with bitcoins and my win rate in margin trading is good where I keep increasing my capital. I'm just a investor who do not have a high capital so bitcoin is the investment that suitable for me, there are rich people who prefer gold and for me it is really a matter of perspective.
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