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Topic: Is it a good time to buy BTC or Gold? (Read 836 times)

sr. member
Activity: 1974
Merit: 450
December 26, 2019, 05:02:05 AM
#84
After comparing Bitcoin to Gold for a while in a real life experience, I have to admit to prefer Bitcoin much more. I can be easily sure that the digital token are not manipulated, while I'm fucking paranoid when thinking of buying manipulated gold coin.
Well, that's because you think that using bitcoin is easier than using gold. gold can only be saved, while bitcoin can be used according to its function. however, until now I also think that bitcoin is better. it's just that, I think that having gold after success in the crypto world isn't bad.
legendary
Activity: 1473
Merit: 1086
December 24, 2019, 05:19:02 AM
#83
It good time to buy bitcoin as its price is very low but don’t forget that gold is stable investment and is trusted for centuries. If I have to choose between the two, I will invest major portion in gold and minor in BTC. 60/40 would be a great ratio.

Invest in both are wiser, no need to compare it if we want to earn and also at the same time don't want to lost big amount. we can expect in gold that we can earn without loses, so we can use it to control our investment and don't do a rush decision to our downfall.

After comparing Bitcoin to Gold for a while in a real life experience, I have to admit to prefer Bitcoin much more. I can be easily sure that the digital token are not manipulated, while I'm fucking paranoid when thinking of buying manipulated gold coin.
sr. member
Activity: 784
Merit: 251
https://raiser.network
December 24, 2019, 04:07:31 AM
#82
It good time to buy bitcoin as its price is very low but don’t forget that gold is stable investment and is trusted for centuries. If I have to choose between the two, I will invest major portion in gold and minor in BTC. 60/40 would be a great ratio.

Invest in both are wiser, no need to compare it if we want to earn and also at the same time don't want to lost big amount. we can expect in gold that we can earn without loses, so we can use it to control our investment and don't do a rush decision to our downfall.
sr. member
Activity: 2100
Merit: 309
December 24, 2019, 02:47:23 AM
#81
Gold and Bitcoin are different things if you choose assets that will go up every year it is definitely gold and gold. considering the price of Bitcoin is not stable. maybe if you buy bitcoin, of course, you can get instant profit when Bitcoin goes up, only we never know when the price of Bitcoin will rise from the rate that you buy now.
Gold and bitcoin both giving profit for every one buy and invest, but bitcoin can get profit more than 10% just one day and need more than one year to get much profit with gold, just you can get lost with investing in bitcoin more than 10% after bitcoin have lower price just few hour later, I like investing with bitcoin than gold because I want become rich faster.
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
December 23, 2019, 09:00:25 PM
#80
Gold and Bitcoin are different things if you choose assets that will go up every year it is definitely gold and gold. considering the price of Bitcoin is not stable. maybe if you buy bitcoin, of course, you can get instant profit when Bitcoin goes up, only we never know when the price of Bitcoin will rise from the rate that you buy now.
sr. member
Activity: 1330
Merit: 291
December 23, 2019, 04:10:19 PM
#79
I have bought gold since a few months ago, but not at this time as bitcoin price really tempting to stack more in my wallet.
The price of gold keeps rising in years, hence it's a good safehaven long-term investment, better than bitcoin I guess, if someone chooses to invest, better to buy both and watch closely the market-trend to make a right call.
If you are saying investing in gold is good safe Haven for long-term then why are you advising people to invest in both of them again if you believe Bitcoin investment is not a safe Haven for a long term.
hero member
Activity: 798
Merit: 506
December 23, 2019, 02:22:04 PM
#78
I have bought gold since a few months ago, but not at this time as bitcoin price really tempting to stack more in my wallet.
The price of gold keeps rising in years, hence it's a good safehaven long-term investment, better than bitcoin I guess, if someone chooses to invest, better to buy both and watch closely the market-trend to make a right call.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
December 23, 2019, 09:16:50 AM
#77
It good time to buy bitcoin as its price is very low but don’t forget that gold is stable investment and is trusted for centuries. If I have to choose between the two, I will invest major portion in gold and minor in BTC. 60/40 would be a great ratio.
legendary
Activity: 3038
Merit: 1188
December 23, 2019, 06:47:13 AM
#76
Gold had a very steep fall in the recent 2 months, I know gold itself is a long term investment that usually pays off thanks to gold being anti-inflation and helps out with you keeping the value of your finances but reality is that in short term in 2 months it had a bad time (after couple months of amazing returns) so maybe in the short term it could also been beneficial.

If you buy gold right now you are buying cheap gold that could potentially worth a lot more in the upcoming months, by this summer we can see a %5 increase in the price and even tho that is very small in crypto world (we have seen %5 movements daily many times) some people want more guaranteed investments over more risky ones. However if you don't mind the risk bitcoin is still by far the best potential investment you can make.
hero member
Activity: 1708
Merit: 541
December 23, 2019, 06:42:20 AM
#75
My reasoning to NOT buy gold:
BTC is on sale
the price of gold is not on sale

My reasoning to buy gold:
It's shiny?
LMAO, it's shiny.

Yes, with the chance of a recession in the near future, I think it's a good time to divest to gold or Bitcoin. I choose Bitcoin though because of the potential return especially with halving coming in about 5 months! Reason to choose Bitcoin over gold: It's the new gold, it's fancy, futuristic lol seriously though because it has bigger upside potential. Reason to choose gold over Bitcoin: It's the common store of value, time-proven, less risky than Bitcoin.
hero member
Activity: 938
Merit: 501
December 23, 2019, 06:32:39 AM
#74
of course now is the right time to buy bitcoin. the current bitcoin price of $ 7,000 is quite low compared to the previous price of around $ 9,000. and of course in my opinion it's better to buy bitcoin than gold. because bitcoin has price fluctuations that can provide huge benefits. gold is also a good investment tool but the value of the increase is not too high like bitcoin. so I would rather buy bitcoin than gold.
You are thinking in case of a price rise, but you are not thinking if the market collapses, your money will be lost. Investing in this market is really dangerous and we can lose money at any time, investing in gold is a safe investment because gold is very stable and does not fluctuate too much. So investing in gold or Bitcoin is a good choice, Depending on each person's wishes
hero member
Activity: 1624
Merit: 500
December 23, 2019, 12:04:09 AM
#73
I would diversify and get some if both Bitcoin and gold. I even prefer to diversify further by holding some ETH as well as a couple of other altcoins. This is in addition to mutual funds as well.
in fact, it is the best decision, just don't do too much exploration. for bitcoin and gold, that's pretty good, and if you add some altcoin, I suggest just having popular altcoin.
back to gold and bitcoin, for the time being, I also do the exploration only, I aim to make the amount of bitcoin that I have currently more than gold or another altcoin. however, the advice regarding bitcoin is still quite large because halving will happen soon and it has the potential to develop.
sr. member
Activity: 1036
Merit: 281
December 22, 2019, 04:50:34 AM
#72
In terms of growing your investments it is better if we will buy bitcoin than gold. Those people who buying gold are the people who want safe investment. The value of gold is continue to grow over time but its value is only growing a small percentage and compare to bitcoin; the value of bitcoin is eising so fast because of the demand of the people. As bitcoin becoming more popular, the desires of people are also growing as time passing by.
sr. member
Activity: 938
Merit: 250
December 22, 2019, 03:44:20 AM
#71
of course now is the right time to buy bitcoin. the current bitcoin price of $ 7,000 is quite low compared to the previous price of around $ 9,000. and of course in my opinion it's better to buy bitcoin than gold. because bitcoin has price fluctuations that can provide huge benefits. gold is also a good investment tool but the value of the increase is not too high like bitcoin. so I would rather buy bitcoin than gold.
sr. member
Activity: 1162
Merit: 260
December 21, 2019, 01:45:01 PM
#70
If you want your money double( risk involved**) invest in BTC and if you need secure benefit, buy gold. When you are buying gold then you are investing in a precious metal which will increase in price of course but you need to wait for the price rise. And in case of BTC the price will also rise of course and you will get a better return of your investment than Gold. And the BTC price is always volatile so you need to **keep your nerve. You will hear " bitcoin is dead" multiple numbers of times you need to ignore them.
hero member
Activity: 1022
Merit: 521
December 21, 2019, 12:42:21 PM
#69
I would diversify and get some if both Bitcoin and gold. I even prefer to diversify further by holding some ETH as well as a couple of other altcoins. This is in addition to mutual funds as well.
I think it is modern era and not the time to invest in gold. A golden age of bitcoin is again to start in the coming year so better decision will be that to invest in bitcoin. From the past of bitcoin we can say that none of other asset will give us that profit which bitcoin investment will give us. I am also invest much of my money in bitcoin to get the profit in the coming year.
sr. member
Activity: 2030
Merit: 356
December 21, 2019, 12:36:03 PM
#68
both are very good. buying gold is an investment in the real world, while buying Bitcoin is an investment in online (crypto), buying gold does not have to be at Christmas. because I think for the long term, you can buy it now. as well as bitcoin. You can buy now for future investment. if you have a lot of bitcoin, I think buying gold with some bitcoin is good.
although both types of investment are good, but so far I only have bitcoin, and I don't have gold. I always think that owning gold is a good investment. it's just that seeing its development long enough makes me prefer bitcoin over gold. although the risk is quite high, but with the right decision I think we can minimize it. however, both are still good investment tools for the long term.
I'm with you when choosing what should I invested with my money. I find it easy to invest in Bitcoin rather than in gold because there's a less hassle in Bitcoin than in gold. Well, this is just my opinion though but I agree that both are good for investment but I prefer Bitcoin than gold.

What do you mean there is less hassle with bitcoin than with gold?  Do you mean the storage and/or movement of gold vs bitcoin?  If so I kinda agree but gold and other precious metals certainly has thiere space as an investment. 

Gold is always been a save investment while there is a lot of risk involved in bitcoin investment. Although, many people outside this forum will suggest Gold as an investment but I would still prefer Bitcoin over gold. The return of bitcoin is beyond imagination and when bitcoin halving is near, anything is possible.
STT
legendary
Activity: 4060
Merit: 1448
December 21, 2019, 11:39:18 AM
#67
Why choose.  Buy both, diversifying asset classes is always recommended.  

In 30 years of finance study I would say that is the best idea.   Gold by itself is a very bad idea but certainly nowhere close to the worst choice but its a very slow moving 'big money' asset.    The ideal way to consider gold is with regards to a pension, an old saying used to be to save a gold coin from your National Mint for every year of work you do.   A person who saved a gold coin every year would not be a pauper in retirement, over that long period you will buy gold at cheap and high prices but eventually it will just carry forward your labour worth as proper savings.  
   Here is a chart for paper money in comparison, its not recommended to rely or let your family wellbeing be dependant on such declining worth:
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Giving gold as a gift for the holidays would be a nice thing and probably one of the only reasons to buy gold at all right now.

I was going to do that but giving out ounces of gold is kinda big.   Its worth it if it encourages people to save a little themselves over time and they will benefit.    I may to wait for a service to open up to make this easier, Im in two minds about giving actual coins as its lower cost margin to just own the gold allocated somewhere.
full member
Activity: 1204
Merit: 104
December 21, 2019, 11:37:31 AM
#66
I would diversify and get some if both Bitcoin and gold. I even prefer to diversify further by holding some ETH as well as a couple of other altcoins. This is in addition to mutual funds as well.
Indeed, you are saying the right thing, because it is quite reasonable to make your investments in several promising coins, and not focus on bitcoin, listening to very sweet forecasts.  In any case, such actions will be beneficial in the future and will save you a lot of risks, because at least a few percent of all investments will bring good benefits to the user.  If Bitcoin and Ethereum do not raise doubts among investors, then the choice among other altcoin is very difficult.
hero member
Activity: 1008
Merit: 510
December 21, 2019, 11:23:58 AM
#65
I would diversify and get some if both Bitcoin and gold. I even prefer to diversify further by holding some ETH as well as a couple of other altcoins. This is in addition to mutual funds as well.
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