Will you be in favor of Gold or Bitcoin !! - page 3.

TimeTeller

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Quote from: Newlifebtc on August 01, 2022, 12:15:33 PM

Quote from: josgandosbro on August 01, 2022, 11:25:52 AM

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

Before the creation of Bitcoin Gold was the currency that is threading after fiat currency and i believe that since it adoption gold have no relevant value to the world again. Bitcoin is a digital currency that is good for investment and which is faster for exchange from one country to another country. That is why people like bitcoin than gold because gold don't have recognition again for the investment

I don't agree with what you said though about gold.
Gold up until now is recognized as one of the tangible assets that you can invest even to this age.
Also, it is not only for investment purposes but gold is a vital component in a lot of electronic and jewelry industries.
So yes, I don't agree that gold has no relevant value in the current world situation.
Because it is still relevant and it is one of the most stable assets that you can hold onto.
And with that being said, if you have the chance to own gold, then, go for it. Diversify your portfolio as much as you can.

Newlifebtc

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Quote from: josgandosbro on August 01, 2022, 11:25:52 AM

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

Before the creation of Bitcoin Gold was the currency that is threading after fiat currency and i believe that since it adoption gold have no relevant value to the world again. Bitcoin is a digital currency that is good for investment and which is faster for exchange from one country to another country. That is why people like bitcoin than gold because gold don't have recognition again for the investment

josgandosbro

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https://imgur.com/cUCkVsv

Bitcoin is best investment of the future saving. It any time to increase the price. So time to buy and sell the bitcoin.
But you can buy the God it not easy to use any time any where. Bitcoin is any time to use and any where. God also any time to price up and dow. God not easy for use every time. Bitcoin change any country currency and time to buy and sell the bitcoin. So plan to work and time to accts.

Mauser

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Bitcoins are more valuable to me than gold, whereas my parents would pick Gold over bitcoins. I think it's mostly a generation thing, for us today is bitcoins what was gold for our parents and grandparents back in the day. The volatility is what put some people off crypto currencies, but that is just part of the price finding process. Crypto currencies are still fairly new and need to find their place in the world. Eventually bitcoins and other coins will be more stable. And as long as you don't sell you didn't lose anything. In a few years the prices will be much higher again and gold will look poorly compared to bitcoins. Also how could I store large amounts of gold securely? At home no way, at bank also no way. Banks already have to much influence into our life.

bitterguy28

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This question should be not ask in a Bias community like this? the title itself is Bitcointalk, and Bitcoin section so do we really believe that people will choose GOLD instead of Bitcoin?
No i don't think so though we are also having some gold inside our wallets but of course majority of us or majority of our holdings are in bitcoin form and only small part from Gold.

Quote from: Joswa Russell on August 01, 2022, 12:16:38 AM

I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

good for you mate , because the only gold that is in my hands is actually in my wife, because She is the one who loves gold and I am for Bitcoin .

Joswa Russell

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I can’t compare these two. I have my money in both of them and it seems that they are good for long term trading rather than short term gains. I have a bigger picture in mind and I am not really much influenced by whatever is happening in the market at the moment.

nullama

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Quote from: Yamifoud on July 28, 2022, 07:40:58 PM

~snip~

Gold is literally good for long-term investment as the price keeps on growing but if we think about earning a profit in the short-term, we can't expect much for it as it only has a small increment. But if we talk about Bitcoin, the volatility of its price gives a reason why many people are preferred to take risks because they know that can earn and multiply their money.

However, Gold assured safety while Bitcoin is prone to hacking which is only ideal for risk takers and techy individuals.

Yeah, I would say Bitcoin is probably only for techy people.

Most normal people need a third party to manage their money, and they would never manage their own Bitcoin, which is the whole point of it. The moment you give your Bitcoin to someone else, then it becomes the same as the old money.

Yamifoud

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Quote from: Gyfts on July 28, 2022, 04:45:48 PM

Quote from: nullama on July 04, 2022, 09:46:34 PM

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If you're investing in gold for a return you're not investing right, so it's fair for Norway not to keep gold within its reserves. Gold is an alternative investment someone might diversify into in order to protect their wealth from inflation. You shouldn't reasonably expect a large profit, if any.

Gold is literally good for long-term investment as the price keeps on growing but if we think about earning a profit in the short-term, we can't expect much for it as it only has a small increment. But if we talk about Bitcoin, the volatility of its price gives a reason why many people are preferred to take risks because they know that can earn and multiply their money.

However, Gold assured safety while Bitcoin is prone to hacking which is only ideal for risk takers and techy individuals.

noormcs5

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Quote from: Mr. Magkaisa on July 22, 2022, 02:12:36 AM

I can't compare bitcoin to gold because they are both different in many ways. Although I aspire to have both Bitcoin and Gold. Also, Gold has been used for a long time around the world and is often used as a backup in each country, any country that has a backup of a lot of gold can be said to be one of the strong countries, and when it comes to virtual assets or digital currency Bitcoin, on the other hand, is the most prominent aspect of this industry.

Both bitcoin and gold have a lot of potential however most people think that gold is more trustable as it is being used for many many years while bitcoin is relatively new and very much volatile.
Best scenario will be to invest both in bitcoins and gold and keep your funds in both of these valuable assets. This will not only minimise your risk in your investment but also give you the opportunity to gain the maximum out of the both.

Gyfts

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Quote from: nullama on July 04, 2022, 09:46:34 PM

...

If you're investing in gold for a return you're not investing right, so it's fair for Norway not to keep gold within its reserves. Gold is an alternative investment someone might diversify into in order to protect their wealth from inflation. You shouldn't reasonably expect a large profit, if any.

lucates

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Quote from: Smack That Ace on July 01, 2022, 12:14:49 AM

Quote from: pooya87 on June 30, 2022, 11:58:23 PM

In any case I believe that comparing bitcoin with other stuff that don't even fall in the same category as bitcoin (the currency) is wrong. Both gold and bitcoin serve different purposes than one another. For example you can't really use gold to pay for stuff easily but bitcoin is designed to do exactly that.

As you say, the comparison probably won't be quite right in every respect, fiat, gold, bitcoin, each with its own characteristics and used for different purposes. But people compare because they want to prove that bitcoin is good, it includes the features of gold and fiat. So if bitcoin is widely used then it is considered as all-in-one solution, it can be both a storage asset and a payment method.

Before investment, everyone would compare the available investment opportunities and they stand with whatever the option is trust or promising them. There are no best or worse choices because, according to their knowledge and belief they choose, if they get a decent return, then their choice is not a failure.

Derbind

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These are not comparable. These assets are of different natures and comparing them is not a good approach.

TheUltraElite

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Quote from: Nicholas Schaefer on July 22, 2022, 01:19:05 AM

Both have tremendous potential but investing in any of them depends on your risk tolerance, investment strategy, and investment capital. With the advancements in technology and going along the race, investments in bitcoin have become quite popular now-a-days.

The long term value of both are good. There will always be these choices to make but the chance of getting the maximum profits is getting both gold and bitcoin without getting altcoins at all.

Even though at this juncture we think that there are one and only investments, getting both is the best possible way for any trader. One going down will always give you calm when the other one remains in place. Be diligent about these things and don't be stubborn about only one asset.

nullama

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Quote from: Mr. Magkaisa on July 22, 2022, 02:12:36 AM

I can't compare bitcoin to gold because they are both different in many ways. Although I aspire to have both Bitcoin and Gold. Also, Gold has been used for a long time around the world and is often used as a backup in each country, any country that has a backup of a lot of gold can be said to be one of the strong countries, and when it comes to virtual assets or digital currency Bitcoin, on the other hand, is the most prominent aspect of this industry.

Norway would be one example of a rich and strong country, and they basically have no gold reserves.

Mr. Magkaisa

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I can't compare bitcoin to gold because they are both different in many ways. Although I aspire to have both Bitcoin and Gold. Also, Gold has been used for a long time around the world and is often used as a backup in each country, any country that has a backup of a lot of gold can be said to be one of the strong countries, and when it comes to virtual assets or digital currency Bitcoin, on the other hand, is the most prominent aspect of this industry.

Nicholas Schaefer

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Both have tremendous potential but investing in any of them depends on your risk tolerance, investment strategy, and investment capital. With the advancements in technology and going along the race, investments in bitcoin have become quite popular now-a-days.

nullama

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Quote from: carlfebz2 on July 20, 2022, 04:27:12 PM

Quote from: nullama on July 20, 2022, 11:17:27 AM

Quote from: hZti on July 20, 2022, 10:50:32 AM

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

Why would need to choose if you could able to buy both if your budget or fund allocation permits you? Some are just too focused on bitcoin or on crypto without even thinking about traditional investments which

neither be in gold, stocks,indices,forex etc. which it could really give out that kind of security on some aspect specially on gold but its on personal choice though since we do have different inputs or insights
on different things in terms of investment.

If you do love shiny things and a bit security then you would really be choosing up gold but if not then you would opt for bitcoin but if you do have the money
then why not go for both?

Well, one reason to not invest in gold is that I find it very difficult to protect and carry.

Also it's a bit difficult to invest different amounts of money, unless you're simply buying gold stores somewhere else, which kinda defeats the purpose.

Also, I'm always a bit paranoid that the gold being sold is basically fake.

Most of the shops that buy and sell gold look very shady. I know that some countries have proper gold buying/selling locations, but what if I have to move to another country?

Also, moving gold around seems stressful.

With bitcoin all those issues don't exist

carlfebz2

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Quote from: nullama on July 20, 2022, 11:17:27 AM

Quote from: hZti on July 20, 2022, 10:50:32 AM

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

Why would need to choose if you could able to buy both if your budget or fund allocation permits you? Some are just too focused on bitcoin or on crypto without even thinking about traditional investments which

neither be in gold, stocks,indices,forex etc. which it could really give out that kind of security on some aspect specially on gold but its on personal choice though since we do have different inputs or insights
on different things in terms of investment.

If you do love shiny things and a bit security then you would really be choosing up gold but if not then you would opt for bitcoin but if you do have the money
then why not go for both?

lionheart78

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Quote from: bitzizzix on July 18, 2022, 09:12:41 AM

If you want low risk, low reward, use gold.
If you want high risk, high reward, use bitcoin.
and if this question were directed to my wife, my wife would definitely choose gold because it is real and can be used as a beautiful and precious accessory.

Most women love shiny things. Only a few can acknowledge non-tangible assets.

Quote from: bitzizzix on July 18, 2022, 09:12:41 AM

but when talking about the risk of gold, there are many risks, because it is real and used the risks will lead to crime and can even result in loss of life.

Are you saying because it is tangible? Since you are portraying a robbery scenario here. Bitcoin is also real and may also lead to crime and even result in loss of life. But the good thing with Bitcoin is, that it isn't tangible and can be easily hidden. As long as you don't share your secret, then it is all good. Btw, I favor Bitcoin over Gold because Bitcoin is much easier to use as a currency than gold.

Quote from: hZti on July 20, 2022, 10:50:32 AM

Since bitcoin can never really loose its value -like gold-,

Can you explain why the Bitcoin market fluctuates then?

nullama

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Quote from: hZti on July 20, 2022, 10:50:32 AM

Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.

Topic: Will you be in favor of Gold or Bitcoin !! - page 3. (Read 1701 times)