Is it a good time to buy BTC or Gold? - page 3.

BigBos

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Quote from: adzino on December 19, 2019, 02:46:44 AM

Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

one of the reasons why they like to compare gold and bitcoin is because both of these things have the same investment point. they sometimes compare the benefits they can get from retaining one of those things in the long run.
people who have just entered the world of investment, and are familiar with bitcoin, must be confused about choosing it. however, both are very suitable to be held in the long run, it's just that bitcoin is a bit riskier. so far, I myself am aiming for gold, but somehow I even have bitcoin Grin

arwin100

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Quote from: adzino on December 19, 2019, 02:46:44 AM

Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

Because there are articles that bitcoins is compared to gold in terms of investment option or in growth you can read it here https://www.jmbullion.com/bitcoin-vs-gold-infographic/ that's why you cannot blame him to ask here since maybe he is confused upon the profitability of the two compared assets.

Quote from: DreamStage on December 18, 2019, 12:44:50 PM

Currently it is best time to buy BTC since it looks like it will might fall even further till $5k (pure speculation based on previous historical data).

I would not want to use Gold since BTC is basically everywhere and you should think for every future usage possibility on its take.

Think about what you could do in future generations with BTC vs GOLD. You know BTC will win the market on the long run Wink

If you can risk then go with bitcoin since it will give you a higher chances of returns if market will goes up but if you want a less risk then go for gold since times goes by the value of gold became more expensive and this is physical asset where you an trust with.

adzino

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Why do you guys keep on comparing gold with bitcoin? This doesn't make sense at all! Gold is one thing which has physical existence and bitcoin is totally a different think that doesn't even exist physically.
What exactly do you mean by "bitcoin is on sale"? Did you mean its on discount? Lol, how on earth is bitcoin on sale? There is no such thing as bitcoin being on discount. The price of bitcoin at the very moment is the real price of bitcoin. If the price drops down to 200 USD, then that is the real price of bitcoin. We can't say its on sale.

alexsandria

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Bitcoin I supposed? And I know you knew it. Or let me get this straight for you if you are still wondering which one to buy given the situation right now. Bitcoin market will soar sooner, price would increase, right? You would rather sell it than to buy at a given price. So, as for the current situation right now, it is the best time to buy or hodl crypto rather than gold which you could buy it anytime.

alisonwonder

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Quote from: cryptomarketyourself on December 18, 2019, 09:31:38 AM

Just read this article on whether it's a cool idea to get gold this christmas:

https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/

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?

simple for me, gold is safe investment with insignificant profits and movements, while bitcoin is a big risk with large profits and movements too.
of course I will buy bitcoin, I have a greater chance to become rich by buying bitcoin than gold.

Murat

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Gold is not a good thing for the purpose of investment because Gold has a depreciation cost and when you sell your gold then you must consider that thing whatever the price you will get, on the other hand, Bitcoin is not like that. when the price will get high then you could make a good amount of profit for sure. so investing in gold would not be a good decision for the long term investment, Following my observation regarding this Bitcoin investment, I think this is another good time to buy Bitcoin for any purpose because of the Bitcoin price will get a good place very soon.

karanggatak

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of course right now is buying bitcoin. and yesterday was the perfect time to buy bitcoin when the price of bitcoin dropped to $ 6600. the price of bitcoin is currently rising again to $ 7200. but it's never too late to invest in bitcoin. wait a few days maybe the price of bitcoin will go down again.
and I did not choose to buy gold because the benefits gained between investing in gold and bitcoin are more bitcoin. but the risk of bitcoin investment is greater.

aioc

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Quote from: cryptomarketyourself on December 18, 2019, 09:31:38 AM

Just read this article on whether it's a cool idea to get gold this christmas:

https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/

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?

You have a good reasoning gold cannot reach the kind of hype Bitcoin is enjoying, yes gold is a good asset but not a must-have asset in our present-day and if I have the option I'll definitely go for Bitcoin, price was trading at $6700, can you imagine the profit that you are going to hodl until the halving.

diahsw

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this is the best time to buy bitcoin. I'm sure of it, because in the next few months you will be surprised to see the results ... !!

Maslate

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Quote from: Shasha80 on December 18, 2019, 06:11:44 PM

In my opinion, people who do not buy bitcoin now, will regret later. Because the price of bitcoin like now is very rare happens.So take
advantage of the best opportunities.Indeed there is nothing wrong with buying gold, because gold is one profitable investment and has
a very low risk. But if we compare it with bitcoin, obviously I would prefer bitcoin compared to gold. Because bitcoin price movements
are volatile, this can make us quickly make a profit. Unlike the golden ones the movements are very slow.

Looking at the current situation, bitcoin is a very good choice for investment because the price is so affordable at this moment and with a blink of an eye, the price may go upward the next day and eventually you'll make higher profits compared to gold investment wherein the price is just stable, it might give us profits but a very small amount.

Johnyz

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Quote from: cryptomarketyourself on December 18, 2019, 09:31:38 AM

Just read this article on whether it's a cool idea to get gold this christmas:

https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/

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?

Not a good reason to buy gold but for now I’ll go for bitcoin because bitcoin is so fast to grow compare to gold and bitcoin its more convenient to own and you just need to buy online and you can now use it unlike the gold. Bitcoin is cheap right now, best time to get more and hold more.

Shasha80

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In my opinion, people who do not buy bitcoin now, will regret later. Because the price of bitcoin like now is very rare happens.So take
advantage of the best opportunities.Indeed there is nothing wrong with buying gold, because gold is one profitable investment and has
a very low risk. But if we compare it with bitcoin, obviously I would prefer bitcoin compared to gold. Because bitcoin price movements
are volatile, this can make us quickly make a profit. Unlike the golden ones the movements are very slow.

pakhitheboss

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That depends on the personality and the knowledge of a person. Since, I am into Bitcoin and know about it in details. I will invest in Bitcoin at the current price point.

But, someone who has no clue about Bitcoin will always invest in Gold. Those someone are a lot in numbers than those like us.

d3nz

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I am not a fan of buying a Gold and it would be better to buy Bitcoin since it is possible to jump its price more than the value we expect and much profitable when making a daytrade and also good for a longterm investment.

And only my parents are fan of gold and bought whenever someone is selling it from middle east and i don't know if its really cheap gols there.

Bagaji

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You have said it all yourself that Bitcoin is for sale and not the other one. Bitcoin market value has witness the lowest in the last seven months of which Bitcoin price drop below $6,500 and I see that as a great opportunity for buyers to explore and make more profit from their investment in time to come. Although, those with huge amount of money that invested during the last bottom should be in profit now since Bitcoin price is now above $7,110 as at the time of this post.

Mpamaegbu

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I believe this time is perfect to buy Bitcoin (I don't know for gold, anyway). Even if price goes down a again after you've bought, there is no cause for alarm. Admittedly, I have noticed this pattern with Bitcoin during Xmas - price always drops.

EliteCrash

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I would just buy BTC because of its volatility at the moment. Seems like a good bet to me in the long run. But if you want to play it safe you could always go the gold route I guess.

agentx44

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Quote from: cryptomarketyourself on December 18, 2019, 09:31:38 AM

Just read this article on whether it's a cool idea to get gold this christmas:

https://cryptotradernews.com/investing-trading/should-buying-gold-be-on-your-christmas-list/

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?

Gold's value has been quite constant lately that's why it is not really adviceable to buy some of it. Bitcoin's value has been going up and down for so long too but at the moment, its value is currently very low which makes buying more strategical and makes it a better season for holding. In crypto, only those who knows how to play when the price of coins are changing can be the one to make the most money from their investment here in crypto and be a mindful and strategical always.

gweedo

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Quote from: Wysi on December 18, 2019, 12:47:44 PM

Quote from: timcook on December 18, 2019, 09:49:01 AM

I think it's a good time to buy RIPPLE. it's the lowest price we've seen in forever!

Don't every try investing into Ripple as this is a trap from them to attract more investors because they are centralized and once the value starts pumping they will dump it all of a sudden by releasing more tokens into the market as it's not fixed.

It may be a sarcasm to the XRP project, because most people here know that XRP investment is a false investment. Its price could never go up like 2017 again. Every quarter a lot of XRP is sold from Dev and that will never stop, so how can the price go up?

sulendra12

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Quote from: cryptomarketyourself on December 18, 2019, 09:31:38 AM

BTC is on sale
the price of gold is not on sale

Yea, but btc is not even guaranteed to get profit lol. It doesn't matter if it's on sale or not, you won't get anything from on sale stuff. Bitcoin is not even on sale and I don't even need to read that article to even know what is behind it.

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