Author

Topic: Is it a good time to buy BTC or Gold? (Read 846 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: 3052
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: 4102
Merit: 1454
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:
Quote
Quote


Quote
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.
sr. member
Activity: 812
Merit: 262
December 21, 2019, 11:05:10 AM
#64
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?
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.
legendary
Activity: 3752
Merit: 1415
December 20, 2019, 12:10:35 PM
#63
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. 
sr. member
Activity: 2506
Merit: 368
December 20, 2019, 10:39:35 AM
#62
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.
legendary
Activity: 3752
Merit: 1415
December 20, 2019, 10:22:35 AM
#61
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?

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  Wink
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 20, 2019, 10:07:26 AM
#60
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.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
December 20, 2019, 08:57:00 AM
#59
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
sr. member
Activity: 1120
Merit: 255
December 20, 2019, 08:16:57 AM
#58
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.
legendary
Activity: 1316
Merit: 1145
December 20, 2019, 07:47:01 AM
#57
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.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 20, 2019, 07:05:06 AM
#56
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

    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.
full member
Activity: 602
Merit: 101
December 19, 2019, 09:34:44 PM
#55
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
sr. member
Activity: 2100
Merit: 309
December 19, 2019, 09:27:03 PM
#54
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.
sr. member
Activity: 1400
Merit: 259
December 19, 2019, 11:09:53 AM
#53
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.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
December 19, 2019, 09:57:25 AM
#52
You have to be a big fool to buy gold instead of btc right now
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.
sr. member
Activity: 630
Merit: 265
December 19, 2019, 09:49:48 AM
#51
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?
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.
hero member
Activity: 2716
Merit: 698
Dimon69
December 19, 2019, 09:47:35 AM
#50
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.
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.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
December 19, 2019, 09:42:45 AM
#49
...snipped...
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.
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.
sr. member
Activity: 854
Merit: 267
★777Coin.com★ Fun BTC Casino!
December 19, 2019, 09:11:20 AM
#48
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?
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.
sr. member
Activity: 2100
Merit: 309
December 19, 2019, 08:07:38 AM
#47
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.
sr. member
Activity: 700
Merit: 250
December 19, 2019, 06:05:40 AM
#46
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.
STT
legendary
Activity: 4102
Merit: 1454
December 19, 2019, 05:08:14 AM
#45
BTC is on sale
the price of gold is not on sale


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/

sr. member
Activity: 1974
Merit: 450
December 19, 2019, 03:32:15 AM
#44
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
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
December 19, 2019, 02:59:30 AM
#43
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.



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.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
December 19, 2019, 02:46:44 AM
#42
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.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
December 19, 2019, 02:32:21 AM
#41
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.
sr. member
Activity: 882
Merit: 251
December 19, 2019, 12:46:30 AM
#40
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.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
December 19, 2019, 12:19:26 AM
#39
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.
hero member
Activity: 1106
Merit: 506
December 18, 2019, 09:32:55 PM
#38
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.
hero member
Activity: 2926
Merit: 567
December 18, 2019, 07:53:39 PM
#37
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.
full member
Activity: 756
Merit: 105
December 18, 2019, 06:50:57 PM
#36
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 ... !!
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
December 18, 2019, 06:46:28 PM
#35
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.
full member
Activity: 2086
Merit: 193
December 18, 2019, 06:44:55 PM
#34
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.
sr. member
Activity: 1876
Merit: 318
December 18, 2019, 06:11:44 PM
#33
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.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
December 18, 2019, 06:10:25 PM
#32
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.
sr. member
Activity: 1372
Merit: 264
December 18, 2019, 05:59:13 PM
#31
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.
sr. member
Activity: 1330
Merit: 291
December 18, 2019, 04:43:25 PM
#31
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.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
December 18, 2019, 03:57:01 PM
#30
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.
member
Activity: 118
Merit: 31
December 18, 2019, 03:06:38 PM
#29
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.
sr. member
Activity: 756
Merit: 268
December 18, 2019, 03:04:31 PM
#28
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.
legendary
Activity: 1498
Merit: 1000
December 18, 2019, 01:53:34 PM
#27
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?
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
December 18, 2019, 01:24:14 PM
#26
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.
sr. member
Activity: 1638
Merit: 261
December 18, 2019, 12:47:44 PM
#25
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. 
sr. member
Activity: 625
Merit: 258
December 18, 2019, 12:44:50 PM
#24
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
hero member
Activity: 812
Merit: 512
December 18, 2019, 12:33:17 PM
#23
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.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
December 18, 2019, 12:32:58 PM
#22
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.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 18, 2019, 12:26:57 PM
#21
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
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
December 18, 2019, 12:11:58 PM
#20
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.

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.
legendary
Activity: 3038
Merit: 1169
December 18, 2019, 11:56:58 AM
#19
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.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
December 18, 2019, 11:49:27 AM
#18
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.
sr. member
Activity: 1246
Merit: 285
December 18, 2019, 11:45:13 AM
#17
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.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
December 18, 2019, 11:44:53 AM
#16
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.
sr. member
Activity: 1111
Merit: 255
December 18, 2019, 11:40:11 AM
#15
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.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
December 18, 2019, 11:38:32 AM
#14
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
sr. member
Activity: 1456
Merit: 359
December 18, 2019, 11:36:56 AM
#13
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.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
December 18, 2019, 11:33:32 AM
#12
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.
hero member
Activity: 1540
Merit: 508
December 18, 2019, 11:32:29 AM
#11
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.
legendary
Activity: 2240
Merit: 1069
December 18, 2019, 11:25:33 AM
#10
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.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
December 18, 2019, 11:18:00 AM
#9
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.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
December 18, 2019, 11:13:34 AM
#8
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.
hero member
Activity: 1484
Merit: 535
December 18, 2019, 10:02:56 AM
#7
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.
sr. member
Activity: 728
Merit: 251
December 18, 2019, 09:52:58 AM
#6
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
hero member
Activity: 2156
Merit: 531
December 18, 2019, 09:50:04 AM
#5
IMO bitcoin is now a good investment when compared to gold fluctuations in prices allow for greater profits the important thing is don't panic mate ,and well besides that bitcoin will also only 21 million bitcoin that can be mined and therefore also the value will be more expensive later due to limited quantities ,in different to gold which can be mined indefinitely so will gradually be cheap in the future now or later is the right time to buy bitcoin
newbie
Activity: 30
Merit: 0
December 18, 2019, 09:49:01 AM
#4
I think it's a good time to buy RIPPLE. it's the lowest price we've seen in forever!
full member
Activity: 317
Merit: 104
December 18, 2019, 09:41:54 AM
#3
dude BTC is literally on sale as you said. don't buy candy don't buy anything. buy bitcoin
jr. member
Activity: 37
Merit: 2
December 18, 2019, 09:34:30 AM
#2
You have to be a big fool to buy gold instead of btc right now
jr. member
Activity: 50
Merit: 2
December 18, 2019, 09:31:38 AM
#1
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?
Jump to: