Bitcoin or gold?

[bakkang]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

For me bitcoin. As we observe the price of bitcoin as time goes by the price will getting high so if I will convert my wealth i will convert it into bitcoin and I believe that after 10 years I will become millionaire than before.

[GrayFullbuster]

Bitcoin.

In a digital world, people do not need to carry gold with you to anywhere, but can take the digital gold by all means.   

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

That is right. That is the reason I buy bitcoins and other altconis.

I also buy bitcoin because of that. That it is convenient for them to pay and it constantly becomes more expensive.
But I know that gold is very reliable and with it there will be no sharp drops or sharp growth. Sometimes stability is good

Yeah I agree to you. The volatility of the bitcoin is the reason why I prefer the bitcoin than the gold. The price of the gold is only increase small amount while the price of the bitcoin is suddenly changing.

[Eugenar]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

It would be much better if you will invest it to Gold. Since you are being futuristic and you want to invest your wealth for 10 years, Gold will be a good investment. Since Gold is being used in transactions of different eras and different countries for a long period of time. And also, unlike Bitcoin, Gold has physical market value and is more stable in terms of its market price compared to Bitcoin.

[8Habits]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

It would be much better if you will invest it to Gold. Since you are being futuristic and you want to invest your wealth for 10 years, Gold will be a good investment. Since Gold is being used in transactions of different eras and different countries for a long period of time. And also, unlike Bitcoin, Gold has physical market value and is more stable in terms of its market price compared to Bitcoin.

I agree that when you go for a long term investment, gold is better option while if you want to target short range investment, bitcoin is the way to go.  But, I also allocate a portion of my bitcoin to invest for a very long term like 10-20 years from now

[ongels]

Gold is easy to track because it has global tracking system, while bitcoin is much rare because there is a limited amount of it that can come into existence, the software stops producing beyond that limit, it is also untrackable and highly encrypted.

[cubevtc]

For this years for sure btc are in advantage but for very long time i quess gold still the best gl in goure choosen

[Zuilhsa]

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

[unknown-user]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I'll go with bitcoin even if gold has a physical value. The rate of increase on Bitcoin's market value is high. After the fork that happened last August 1, it reached the 4000$ mark in just a short period of time. Since you are talking about 10 long years, I can't imagine how big will the profit become because there"ll be more forks to happen , and the demand is continuously increasing.

[LevshaK1]

Bitcoin and gold are two necessary assets to ensure their future. You can not choose one thing and invest in it all your savings. You need to consider the risks and divide your money in different directions.

[Pepito Manaloto]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

Gold has a physical value unlike Bitcoin which is important that makes the value of something, stable. And in fact, Bitcoin is used through the years, different countries used it as ancient currency way back before when there's no currency. And until now, it is still used on transactions and payments. So I will invest my wealth to Gold because it is good for long time investment and saving because it will still have a value after 10 years.

[omonuyak]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

If this option is the only option I have I will rather convert them to bitcoin as bitcoin has proves to be far more valuable than gold in the long run. Bitcoin is performing very well and in time to come it will certainly outperform every other investments angle. As at today one bitcoin is greater than one oz of gold 3time and in ten years to come if all things been equal it will be higher and far better and more secure than gold.

[AlexandrInt]

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

If this option is the only option I have I will rather convert them to bitcoin as bitcoin has proves to be far more valuable than gold in the long run. Bitcoin is performing very well and in time to come it will certainly outperform every other investments angle. As at today one bitcoin is greater than one oz of gold 3time and in ten years to come if all things been equal it will be higher and far better and more secure than gold.

I, too, will choose bitcoin. I never bought gold and I do not even know how to do it. But I often used bitcoin and I really like it. Bitcoin gives me a very big profit now. And in the future I can get even more profit along with bitcoin.

[Anarchist]

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

[Sled]

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

Why we should not go over %1 when we already saw that the price of bitcoin is faster on moving rather than gold? Bitcoin has a lot of power to make our portfolio earn more than the other traditional investment and i think it is best to put some more percentage on the profitable investment rather than to those stable but slow profitability.

[futile-resistance]

Well, at my current wealth now I think it's good to convert it with bitcoin, I know even if we are optimistic that bitcoin will make a bigprogress in the future we cannot still erase the fear that one day it might become worthless.

Exactly! Since most buy or mine BTC not to save their wealth in it, but hope to increase it by selling their bitcoins; and we all know what happens to the price when too many decide to sell.

bitcoin, easy to handle, easy to move and you can bring it with you always. try doing that with gold

Easy to trace and destroy it by introducing Internet usage limitations (a la Chinese ban of Facebook or denying access to certain websites a la USA) or start a major sell off on exchanges by mining giants. Try doing that with physical gold.

Yes, bitcoins are having an edge over gold at the moment because of their volatile nature which makes them able to touch the highest values in short times. This is not possible with gold. Gold is very slow in this regard whereas people are after fastest ways of making money. In short, investing in bitcoins is far better than investing in gold.

[Yaramrd]

Bitcoin BTC because of the price fluctuation, comparatively gold is stable. So if you want to earn handsome profit Bitcoin is the only choice.

[Wayan_Pedjeng]

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

That depends on your risk-taking capability. If you have no mortgage going, and if you are optimistic about the future of Bitcoin, then there is no issues in Bitcoin occupying as much as 20% of your portfolio. And there is no such limit for gold. It is a very low-risk asset. If you want, you can fill 100% of your portfolio with gold bullion coins and bars.

[8Habits]

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

That depends on your risk-taking capability. If you have no mortgage going, and if you are optimistic about the future of Bitcoin, then there is no issues in Bitcoin occupying as much as 20% of your portfolio. And there is no such limit for gold. It is a very low-risk asset. If you want, you can fill 100% of your portfolio with gold bullion coins and bars.

Wise investors are invested in different kinds of investment vehicles - they invest both in bitcoin and gold or to any other kind of investment. They doesn't want to get lockedout to one investment vehicle only because the risk is very high as you don't have any fallback just in case

[MyIdeas]

For this years for sure btc are in advantage but for very long time i quess gold still the best gl in goure choosen

yes BTC are in advantage but it is not only in this year, now bitcoin become advantage for all of its users for a life time and makes you rich in the future if you stick with it. Gold is profitable but not anymore, if you invest in gold then you will get so minimum profit and if you invest the same amount in bitcoin then this amount will become double after couple of months. So this makes your statement wrong.

[ahmia39]

Investing in bitcoin provides multiple benefits rather than slow-moving gold. Investing in huge amounts of gold also very troublesome because we need to hire SDB for security reasons. While on bitcoin, it isn't needed. On bitcoin, all it takes is internet and a pc. Very practical.