Topic: Re: I BUY GOLD OR BITCOIN? - page 3. (Read 317 times)
Depends on you, but we all know that the value of gold will go higher and higher while the value of bitcoin will go higher or lower. We don't know what happen in the future of bitcoin but we are sure about the future of gold that it will have a higher value in the future.
For investing and holding, gold (but at good price please). For speculation, bitcoin. I don't consider buying crypto as investing. Gold is accepted as a store of value by almost all human beings and has better liquidity than bitcoin, and bitcoin is not yet accepted by the mass and no one can predict the exact future.
i think bitcoin is best and if u hold btc long term u will make more profit bcz btc is an asset.
It's up to you, but if you choose to buy gold.. you might end up selling it again or find yourself at the nearest pawnshop, or if you love collecting gold then it can juts put it in a much secure area of your house. ahaha
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.
Gold has been there for thousands of years and it has proven itself again and again to be a great way to preserve your capital through turmoils and historic changes. I put great emfasis on "preserve" here, because what gold does, it preserves your capital, not increases its value. It may look like an increase when the currency fails, but in fact it is just holding its value.But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.
Bitcoin on the other side has not yet gained its true value. At some point in the future it may become a very stable insurance against turmoils (as gold is), but until it does, it needs to gain a lot so its price reflects its true value. Of course there is risk involved, on what is the 'true value of bitcoin'.
So depending on what one aims at: at preservation of one's capital, or a chance of high (but risky) gains, one should choose gold or bitcoin. Or both, understanding inherent features of each of those investment vehicles.
If you want a fastest and quick income, you better go for bitcoin business rather than gold, although gold will last forever and without any risky thing in the future. But talking about profit, it is better to invest your money in bitcoin business, but you must careful in bitcoin business, because bitcoin business is more on strategy and knowledge, and if a certain person entering on bitcoin business without enough knowledge, it will result into several losses. So before entering bitcoin business, we must ask first to the people who already became a master on bitcoin business.
I think most of savings should go to gold since it is much safer than bitcoin. with a small percentage you can invest in bitcoin and start trading or whatever you want to pursue in crypto.. Since crypto is still a risky investment you shouldn't put too much of your total worth in it.. Diversify
The price of gold is horribly manipulated, and trying to sell gold on the high street to either pawnshops or those "we buy gold" places will see you pay a fortune in fees (they adjust the selling price with their fees).
You are better off with bitcoin plus some other cryptocurrencies to diversify.
You are better off with bitcoin plus some other cryptocurrencies to diversify.
These are two different classes of assets and one is stable/traditional whereas other one is volatile in nature. Naturally, there is a less amount of risk in the first option and higher amount of risk in second one, it applies for returns too. Gold will might give stable, sustainable low returns whereas Bitcoin might give volatile/unstable massive returns down the road.
for me i choose to buy bitcoin. why?? its because bitcoin is a new form of gold, and its easily bitcoin can change the value even if its going to increase or decrease and gold is always valuable thing and always going up but in slower process. gold is unlike bitcoin because you can treat bitcoin as a gold, but you cannot treat gold as a bitcoin..
Both are interesting to buy but both also need time need hardwork and eagerness to get or to own it. The difference there is when you chose gold will wait for a long time to get some hold. But start bitcoin now. Get income weekly or even monthly . and eventually youll get shock that you earn double of the price of gold. You just have to be patient.
If you have more security then you can buy. Security is the important before you do buy gold. When you buy gold you will do more effort to turn it to money just in case you need money. While bitcoin can easily change it to money.
I can say that I would rather choose to have bitcoin over gold, because in Bitcoin no one can stole that for me because it is digital and I am the only one knowing the password to that access and unlike Gold their is a chance that others would stole that to me.
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But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.
But when you choose bitcoin, then... there is a great possibility that you'll get much more than you have invested. It's just a matter of patient, hard-wok, and strategies.
true but also it is a matter of risk taking and how much someone is willing to do it. some people don't want to take this kind of big risks and they prefer investing in things like gold.
of course bitcoin will give you more profit because it is a new technology that is growing but also it will give you a lot of risks because it is a new technology!
ask your heart and go with the answer you get. If you feel Gold is safer (for you) than Bitcoin - go with gold. No one will beg you to invest in Bitcoin.
There are already several thread which compares gold and Bitcoin and in all of them you will find a long list of advantage of holding Bitcoin instead of gold.
Bitcoin is new form of gold which is becoming rare everyday.
Bitcoin is new form of gold which is becoming rare everyday.
Well if I were you I would rather choose bitcoin instead of gold.Even though bitcoin is risky but it is a good investment as well because of its high value compare to gold but bitcoin is good for long term invesment so you need to be more patient if you want to earn big.
I think for me I would choose to invest or buy more in bitcoin compare to gold, because if I buy bitcoins their is a high chance of the value of bitcoin will goes up and your investment surely double or triple of depending on the movement of bitcoin because bitcoin is so volatile that you cant predict its movement.
Gold is not the 'in' when it comes to this modern world. i mean if anyone knows you have gold the tendency is that you might lost it because its tangible or more likely to snatch it away from you. but in bitcoin since its crypto you are secured. moreover the value is higher than buying golds.
For me I am going to buy bitcoin. I choose bitcoin because for the many reasons just like in bitcoin I can have a stable life which I can set to be better. I can ensure that in bitcoin I can support the studies of my sibling until she can finished and be successful. In bitcoin many life will be better because it is an investment and it is also a business in which we can determine the future of every bitcoiner.
Bitcoin has a high value but try to invest in gold because gold does not decrease its value.
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