Topic: Is it a good time to buy BTC or Gold? - page 2. (Read 836 times)

in my own personal opinion, buying gold is not worth it because it will not make you rich when you inveat your money with it. Buying bitcoin is still worth even it's price is down because when it's price starts to goes up, it will be worth it, that is why buy a bitcoin today until it is in a cheaper price.

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. 

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.

Why choose.  Buy both, diversifying asset classes is always recommended.  I mean if you only had a chance to buy one for some reason I'd probably go with bitcoin.  I just think the upside is huge obviously, but the stability of gold is also nice.  Choose both 

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 don't know why although some of my friends already explain the advantages having gold but i never thinking to invest and putting my money to gold and currently i have already became slightly don't care if people says bad for bitcoin because i do liked to collect bitcoin satoshi to satoshi although the price currently not supported to get profit but i do not want switch my investment portfolio to gold or other investment tools

Both are excellent investments. gold is free from all taxes and value-added tax. It's your number one anonymous asset that can help you during periods of money printing on steroids. Bitcoin is also amazing, it is an easy way to store wealth but it can do so much more. However, it needs to prove itself during the next financial crisis. I think around 2021-2022 is when we are for the next recession, and we never had bitcoin during a any recessions. Thereby if your portfolio is big enough don't put all eggs in one bag. Just put 60% in bitcoin and 40% in Gold.

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.

    In last 10 years Bitcoin raised much more in value than gold. Can we expect next 10 years to go in favor of Bitcoin again?
I believe answer is yes, Bitcoin can rise more then gold in terms of value in period of next 10 years.
   Bitcoin has a huge potential, but in the same time it's more risky. Gold will rise, I don't doubt in that, but like until now we
can expect that rise to be slow and steady. To put it like this in next 10 years gold can rise x2-x5, Bitcoin can rise x100 if
it comes on million dollars.

I think, gold or bitcoin is up to you where you will invest because I think both have advantages and disadvantages of each and both are profitable investments, there are people who prefer bitcoin but there are also those who prefer gold

Exactly good time to buy bitcoin than gold because bitcoin can increase higher chance percent to get profit than gold only change about 5% in one year, for bitcoin reached 5% maybe just few minutes and we can get more than 100% change of bitcoin price just few days later, but with bitcoin look risk because bitcoin can dump without prediction before.

No. Let us not be hypocrites here.
Gold is still a good investment.
Even if you are in n a forum about bitcoin you should not lie about the truth.
Bitcoinn is still volatile and it aint easy to seel it back.
Unlike gold which can be sold easily p2p or you could directly sell it or pawn it for cash.

I would pick gold for long term investment and assurance.

I absolutely agree, but only if you're buying it for yourself.  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.  And it's hard to give bitcoin as a gift.  I doubt there are many people outside of the very hardcore bitcoiners who actually do this.  You can't wrap it up with a bow and you can't stuff it in a Christmas stocking unless it's a paper wallet, and then of course the issue of security comes into play. 

But gold as an investment instead of bitcoin?  I don't think so.  Nor do I think we really need another damn gold vs. bitcoin thread.  This has got to be at least the thousandth one I've seen since I became a member of the forum.

In my own opinion, it is much better to buy bitcoin instead of gold that bitcoin is now in a lower price and it has more potential to grow in the future because a lot of people still doesn't know about bitcoin and cryptocurrency, that is why there is a huge chance that bitcoin will continue to increased it's price even more. Unlike gold it also has a potential to grow, but not profitable like bitcoin.

If we focus on trading we can eventually earn from BTC even the price is still at low range, earning will just depend on how skilled we are in trading unlike in gold even it's a good investment not many are willing to trade it with as it can only keep for period and may not increase in value as many still supplies gold. BTC will soon to used all it's supply that will cause a huge demand and increase in price.

Gold have its potential to grow every year and yes, it was a good asset to hold for many years. But we are looking something that we believe to makes us more profitable even in short period of time. That is why people come and risk their money on Bitcoin. In fact, we also notice that many high profile person involved in here cause that is also they look in bitcoin investment. We have that options but gladly to take them both.

The good thing of purchasing a gold is that it can last long as a matter of fact it has been used for such a long time unlike Bitcoin. Gold has been guaranteed that will continue for the last of years while future of Bitcoin is vague due to the reason of appearing of owned digital currency by government.

Big reason why buy and invest with gold only less risk because gold never back and dump with lower price, for bitcoin many risk have ready faced when price down can increase more than 50% but we can get much profit just short time because bitcoin can up suddenly maybe one week or one month seeing bitcoin have higher price.

In current traffic Bitcoin is a wonderful choice for longterm relationship, But gold also one of the strong investment in forever. My suggestion is Bitcoin make huge profit on short term so all are concentrate the crypto platform. I think current dump is the best choice for large investors and most of the peoples are holding the gold and Bitcoin so we never predict the best time for each one.

Relative to what, seems hard to gauge these things as there is never a fixed price or clear ratio of demand to supply.   You are talking about relative performance near term I guess:
 We fell from 13k to 7k for BTC which is big sure but fairly normal also I guess.
 Gold fell 1566 to 1469 so its considered still high.

I would never recommend just holding one asset type, hold a variety.  Continue to buy in whatever proportion you think best but I would argue against 100% of one particular thing.    All modern western countries used to have money based around gold, for long term reasons it helps support trade by providing a common platform of value.
   Like sand being washed away from beneath the ground you stand, every year the money is becoming greatly distant for any gold holding.   So do nothing and you are selling gold, not you personally but as a nation you are now distant from the economy your parents took part in.   Now you have economy of debt, political holdings based on promise and the hope the paper is good for a few years rather then centuries.   The only thing that might easily prove more volatile then BTC is politics imo.

Gold is not expensive is the point Im trying to make, it has to be considered in many different measures to try and sum up its worth.   If we measure in paper its going to keep looking expensive because the paper is endless in supply.   I'll post this link and hopefully its possible to get a better personal reckoning on relative value - https://pricedingold.com/