Is it a good time to buy BTC or Gold? - page 4.

Wysi

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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.

DreamStage

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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

luckyflop

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Investing in gold is really not a smart choice. If you want your assets to be safe when the market collapses, gold is a good choice. But when the market goes down like it is now it's best to buy BTC and then move on to gold when you get a profit. BTC is currently being sold a lot and so try to buy as much as possible, you will never regret it in the future.

Hamphser

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Just invest your money on the one that you fully understand and not just buying because it is shiny or a trend. If invest your money on the things that you do understand then you have the chance to get a very good profit in the future. Bitcoin is a great investment asset if you know what it is and also gold is a great asset too just choose what you like or you can choose both too.

darkangel11

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Don't let others control your BTC -> self custody

If you're comparing Bitcoin to gold shares then gold sucks. I would never invest in gold, only buy real gold bars or coins, the proper way, but even that doesn't compare to Bitcoin. When you compare how much money can be made on bitcoin it's insane. If you bought 1 BTC today near the bottom you'd make $400 in 4 hours. That's 100$ per hour.
If you took the same money (6500 USD) and invested in gold in the short term bottom and sold at the top of 1475 on the 14.12 or 15.12, you'd only make $45 and would have to wait at least 2 days to make that trade.

mk4

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It's almost always a good time to buy bitcoin if you're bullish in the long term anyway. Stop trying to time the markets, as chances are, you're going to be bit in the bum.

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!

I sure hope hope this is sarcasm.

YuginKadoya

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In my honest opinion, it is good to start investing in these both assets and cryptocurrency as soon as possible because the value or price is still increasing in every year that passes,

I think it is OK if you would enter an investment with Bitcoin even if the price is high because it would eventually increase in price, But it is better to enter a bear market because you can surely feel the instant increase of money you can gain,

While in Gold it is still OK to invest but not as good as the recent years when its value is still underrated, but it is OK to invest in gold because the value of Gold is not depleting and increasing that fast.

kaya11

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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?

Well if you are still on doubt why not just put portions of your investments on different kinds, for example in gold is 30 percent, for crypto another 30 percent, and some other business related or even save it on the bank for fiat. That is a low risk if your having a hard time picking. If you are a gambler then you could pick one and win big or the opposite.

xiboothrezi

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Quote from: jakelyson on December 18, 2019, 11:25:33 AM

I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.

Thats true. Gold and Bitcoin have their own criteria. In the article explained that when Christmas is the right time to buy gold, this might be the effect of a long holiday, so that many price hikes in the market are unpredictable. However, in my opinion, whenever you have funds, take the time to buy gold, consider it savings, because the price of gold tends to rise even though the movement is slow, even if the value is not too much down. So the risk is lower than volatile BTC. Of course, it is not fair to compare the two, because each has advantages, and each person has their own tendencies.

DeathAngel

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I’ve never invested in gold myself but it’s definitely a good time to buy bitcoin. The halving is in May 2020, so guaranteed profits if you buy bitcoin now.

You’re probably guaranteed to profit from gold too, governments just keep printing more worthless fiat. Hedge against deflation by buying bitcoin preferably but gold would be profitable too but less so.

Fappanu

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Yes its also good to buy gold now to gift on your love ones and also its good to buy bitcoin now while price is cheap because this sale on bitcoin are not always happens so its good time to take advantage the cheap price of bitcoin now.

killerfrost

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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!

I am sure that the price of XRP will never surpass ATH again. So let's not waste time and money investing in XRP, I've been following it for over a year and XRP is constantly being sold and the price can't go up. It is best to buy Bitcoin at this point, the price is really good to buy. Today BTC fell to $ 6400 and is currently recovering at $ 6800

DevilSlayer

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Quote from: jakelyson on December 18, 2019, 11:25:33 AM

I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.

The answer depends on the investor, there are investor who want safe investments but there are also who want to take risks. In terms of safe investment, gold is more better than bitcoin. Both of them are assets but bitcoin is a speculative asset where its price is always changing because of the volatility. We can earn more in bitcoin but we can also lose big in bitcoin investment.

pawanjain

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Nothing lasts forever

Bitcoin is indeed at a very low price right now. If I had some money to spare on bitcoin I would have spared it all on it.
Gold on the other hand is almost near to it's ATH price in India right now. Buying bitcoin would be the obvious choice between the two.

tungaqhd

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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?

I think buying BTC is a better decision now (also a risky decision). BTC would bring you bigger profit than gold because BTC price could pump in the future.

jakelyson

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I think the choice is subjective. My wife who feels gold is safer because bitcoin is volatile will invest in gold.

Me, on the other hand, is forward-thinking. I do not see the value of bitcoin now but what it's worth in the future. I will surely invest more in bitcoin because it is sold at a discount right now.

Aikidoka

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I think both of gold and bitcoin are a good investment for now, but I just prefer to buy bitcoin over good cause it has a high potential to increase a lot in the future even more than the gold price. If I had enough money I will go obviously to buy as much as I can of bitcoin because the price dropped and it's really a good opportunity to buy right now, I don't want to regret this chance as bitcoin's price is too low right now.

BitcoinHunt3r

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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?

My reason to buy bitcoin instead of gold (physic) is i think it is more flexible to make investment in bitcoin. Don't need much space too to save. I am not say that gold is bad, but for very-very long term, and maybe big capital to buy gold will be more worth.

minersday

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I don't know much about stocks but this is the perfect time to buy into bitcoin and hold it for the nearest future. Bitcoin halving is just a stone throw away where we are likely going to see another crypto run. Trust me you don't want to miss this run because it comes with a whole lot of profits upon your investments hence invest wisely.

ajeef

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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?

I think the shiny things are no more impressive in this current digital world, everything will be virtual in the future and maybe the after generation are no more interested with any gold, diamonds or something like that. So when the price of bitcoin is still cheap today, it's a big chance to have them as a future investment

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