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Topic: I BUY GOLD OR BITCOIN? - page 39. (Read 10978 times)

member
Activity: 490
Merit: 10
December 11, 2017, 06:10:32 PM
I will choose bitcoin because its price will go up instead of investing in gold at a fixed price without buying into bitcoin then the profit will increase over time.
member
Activity: 364
Merit: 11
December 11, 2017, 05:52:45 PM
both, but most bitcoin for btc price will increase a lot the next few years
I think that after the coming of bitcoin now gold is no more an asset for the trade as now the traders know that they will earn money because of bitcoin only and gold will not give them much profit and if it will give then it will be a very slow profit.
member
Activity: 168
Merit: 10
December 11, 2017, 05:41:19 PM
why would you compare it one to another ?
both of them have their own use and i believe most of them do not understand what is Bitcoin,
because only them who has nearly zero knowledge about Bitcoin will ask such a thing.
people will tell you which one is the best ? when both of them are different assets in the beginning,
i heard some of them asked it that way because of the colour of Bitcoin and the Gold itself,
both of them are gold,that is why they compared it.

1.Gold is an assets and most of it used as a jewelry,and what will happen with its price ? it's quite stable,
but it does not mean it'll be forever standstill,sometime/someday there'll be a huge change with the price if global economy is crashing.
2.Bitcoin is a digital assets,used by people to send or pay someting across the world/place in a few minutes.
which mean with the time and technology,it'll be used by people because of this.

That's true. It's far different from each other. But, if you want the similarities and aspects where you can compare it for, I would be greedy and choose both. Gold is already a proven commodity, and it has been stable ever since, and it's trade-ability and selling value have been stable and certain. On the other hand, bitcoin is now becoming a very good and profitable means both as a currency and investment medium, which is gaining a lot of interest right now. So, if I would have both the assets, I would choose to have both because it can be used in different ways and means.
member
Activity: 252
Merit: 10
December 11, 2017, 03:25:38 PM
Hello, i would like to suggest you, you should buy some alt coins such as "C","ËTH" something like that.
because gold is in stable price but coins are growing so that you can make more profit from them Smiley
full member
Activity: 434
Merit: 100
December 11, 2017, 03:22:10 PM
Gold is more profitable than gold, It is your advantage to hold bitcoins rather than gold and why ?, Bitcoins is good for long term currency and it is digital currency that's why you can always exchange into fiat in the time of needs while gold cannot and it was very hard to sell.
newbie
Activity: 23
Merit: 0
December 11, 2017, 03:21:52 PM
You just have to check the performance of both in the last years. You will see that gold has remained pretty much the same in tha last 5 years...if not it dropped a little. Bitcoin on the other side has succed huge growth. Maybe you should wait a little bit more for btc to drop a little so you can claim sa many satoshi as you can.
hero member
Activity: 2072
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 11, 2017, 03:17:17 PM
I think you must buy bitcoin because the price of bitcoin raised All Time High (ATH) every year.  Smiley
If you want to have more money in the future, in fact much more than you do have right now, then I will suggest you to go for investing your money into bitcoin instead of buying gold or any other thing. Buying of bitcoin actually means that you are going to have lot more profit over your investment as the market value of bitcoin increases significantly with each passing moment. Gold is only suitable for keeping your money safe and nothing else.
member
Activity: 71
Merit: 10
December 11, 2017, 09:41:06 AM
Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?

i will buy bitcoin this year and next year price because of price

gold better for long time
full member
Activity: 510
Merit: 100
December 11, 2017, 06:26:16 AM
Well, that's right. gold does have price stability. but for the future bitcoin that we can not guess its development. just a few years alone unexpected bitcoin development can reach the price now. and there are still many surprises that will be given bitcoin that we can not expect. so, the decision in your hands.
full member
Activity: 406
Merit: 100
December 11, 2017, 06:20:11 AM
both, but most bitcoin for btc price will increase a lot the next few years
For me both bitcoin and gold is good to buy for or to invest for but for me buying bitcoin right now is the best to do because we all know that the value of bitcoin is totally increasing very quick and very fast, so if we will invest or we will buy bitcoin right now i am totally sure that we can make many money from it.
hero member
Activity: 784
Merit: 500
December 11, 2017, 06:15:04 AM
Gold is not obtainable by everyone while bitcoin can be earned by anyone in the world. I highly suggested that you should buy bitcoins more than gold because it is a digital currency and there are so many advantage's to those person who use bitcoins for their living.
But dont ignore the advantages of commodities which can be profitable and safe than cryptocurrencies. There is other alternative projects which aim to combine the power of metals with crypto coin/tokens.
full member
Activity: 448
Merit: 100
Lets Go Adab
December 11, 2017, 06:07:40 AM
Gold is not obtainable by everyone while bitcoin can be earned by anyone in the world. I highly suggested that you should buy bitcoins more than gold because it is a digital currency and there are so many advantage's to those person who use bitcoins for their living.
member
Activity: 133
Merit: 10
Blockchain with solar energy
December 11, 2017, 06:05:36 AM
I would suggest for you to buy bitcoin of course as it gains increasing value overtime and would most likely to continue increasing year by year in which it shows as an obvious opportunity that you should grab on. Aside from that bitcoin is now established enough with a lot of investors and fame that it is most likely to stay for years to come.
sr. member
Activity: 868
Merit: 256
December 11, 2017, 05:48:32 AM
Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?

I will choose both of them but For me, Bitcoin is better. We all know that Bitcoin is volatile, It can decrease and increase its rate and price anytime and We all know that Gold is stable at its price. Since, the gold is centralized and controlled by the government, Bitcoin is decentralized and volatile. In the bitcoin, We are able to invest, trade and gamble what ever we want to do. You can earn money very fast if you have perseverance and if you are industrious in earning Bitcoins.
full member
Activity: 420
Merit: 134
December 11, 2017, 04:48:55 AM
Hey guys, I wanna ask what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?

If i have many bitcoins in the future maybe ill take the half of it to a business or invest on a real estate and the other half ill invest it on some altcoins or other bitcoin related companies. Bitcoin for me instead of gold we know its a little bit risky but it is worth once you get a high profit from it.
newbie
Activity: 55
Merit: 0
December 11, 2017, 04:45:04 AM
I've bought bitcoin and some altcoins.  I'm also interested in buying gold and I might buy a small amount.  The biggest problem I see with gold is that if you have a lot of it, how do you store it?  I doubt I would want lots of it in my house.

You can always keep gold in a safe or a safety deposit box at the bank.  If you're going to have so much that you can't store it at $1200 per ounce, then that's a good problem to have.  Silver gets difficult to store, but gold shouldn't be too much of a problem.  

If you're able, you should buy both.  This should all be about diversification... stocks, bitcoin, gold, silver, alt coins, you name it.  You don't have to choose one over the other, but rather hold a diversified portfolio.  If bitcoin price drops dramatically, which it has in the past, then you'll be glad you held other assets as well.

full member
Activity: 625
Merit: 125
December 11, 2017, 04:42:52 AM
I will have to do both gold and bitcoin if I have the option.

I see both as long term investments. It all depends on your risk tolerance and when you will need to encash it.

Personally, I like bitcoin since I can immediately swap it to cash or I can send it to anyone immediately that has a bitcoin wallet.
I can't do that with gold from where I am.
full member
Activity: 350
Merit: 102
December 11, 2017, 04:42:36 AM
I think it's impossible to invest in one thing, bitcoin is a big profit, but also greater risks, gold is stability, but there is practically no profit. The best option is to invest in bitcoin and transfer some of the profits to gold.
legendary
Activity: 1137
Merit: 1000
December 11, 2017, 04:30:17 AM
Bitcoin for short term, gold for long term.
sr. member
Activity: 1638
Merit: 278
December 10, 2017, 05:21:54 PM
Gold is very safe investment and in return would be very less where Bitcoin is risky investment with very good returns that you have never seen in life
that's right, because bitcoin is able to provide multiple benefits so that the investment is very good and has a vulnerable risk as well. and gold has the safest investment

Both should not be compared because each has its own characteristics and advantages. When we talk about gold then its price is stable and is accepted worldwide and for bitcoin i must say that its price fluctuates but it is easy to be transferred and invested while gold is first to be converted to paper money which is quite a lengthy process. I f you plan of trading then buy bitcoin.
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