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Author Topic: Bitcoin or gold?  (Read 984566 times)
Vinaa77
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August 28, 2017, 09:39:56 AM
 #8941

My question. Now is it too late to buy bitcoin? I've been thinking of buying btc from gold. But seeing the high price makes me rethink to buy
Isaacck
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August 28, 2017, 10:07:46 AM
 #8942

For me, GOLD. Because, it's ancient treasure. With a high value. And compared to bitcoin, it is centralized and publicly can buy anything under the sun. Gold for being a source of all fiats. Compared to bitcoin, gold is hard to earn and hard to mine. But it can turn into instantly into cash, by selling it into the other buyers
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August 28, 2017, 02:54:17 PM
 #8943

I'll go for gold because the risk of failure is high in bitcoin rather than gold. Bitcoin is making a good outcome this year but it doesn't mean it will remain that way years from now, it's unpredictable we all know, unlike gold which has been in the market for a longest time, it has prove something which we should consider before investing
For you choosing gold above bitcoin , I guess you don't have the right to be here because you don't believe could change the world. Thought, bitcoin is volatile and that's what make most people rich through it.

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shiunsai
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August 28, 2017, 03:09:19 PM
 #8944

My question. Now is it too late to buy bitcoin? I've been thinking of buying btc from gold. But seeing the high price makes me rethink to buy

You can buy bitcoins at any time and its never late to buy bitcoins but you need to make sure that you hold it for a long term as it will give you best returns on your investments only if you hold it longer and cannot expect to get rich instantly as it will require great level of patience to make profits from bitcoins by holding it for a long term.
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August 28, 2017, 03:11:47 PM
 #8945

For me, it's Gold. It's easy to handle it. You can keep it along with you. I don't think bitcoin can do that. I don't have any idea at all. Bitcoin is not yet old unlike gold. Eversince the world began, there are golds already in our history. Bitcoin is too risky. You'll never know when the value goes up or down.

For me, investing to both gold and bitcoin is the way and wise way to go. Bitcoin can be for a short term investment while gold is for a long term investment as the latter took some time to increase its value compared to the former.
Choosing both is still a great idea but I feel the price of gold has been too stable, it does not have too much development, in the long run we also do not have too much profit, the profit of gold in the long run is equal to the profit of bitcoin in the short term. So we should focus on bitcoin, bitcoin is the opportunity to help us get rich even though it is risky but we can get huge profits. Gold may be the safer option but potential and the development of gold is too low

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Linuld
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August 28, 2017, 03:47:05 PM
 #8946

For me, it's Gold. It's easy to handle it. You can keep it along with you. I don't think bitcoin can do that. I don't have any idea at all. Bitcoin is not yet old unlike gold. Eversince the world began, there are golds already in our history. Bitcoin is too risky. You'll never know when the value goes up or down.

For me, investing to both gold and bitcoin is the way and wise way to go. Bitcoin can be for a short term investment while gold is for a long term investment as the latter took some time to increase its value compared to the former.
Choosing both is still a great idea but I feel the price of gold has been too stable, it does not have too much development, in the long run we also do not have too much profit, the profit of gold in the long run is equal to the profit of bitcoin in the short term. So we should focus on bitcoin, bitcoin is the opportunity to help us get rich even though it is risky but we can get huge profits. Gold may be the safer option but potential and the development of gold is too low
For trading bitcoin is suitable, we can make a profit in short time and also for investment again this is the best because after few years we are not sure how much it is going to increase. But gold is good for just investment don't expect any returns.
Meryn
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August 28, 2017, 04:13:15 PM
 #8947

I personally if I have to choose bitcoin or gold then I will choose both. Cheesy Maybe in my opinion would be very profitable if you can invest in both  Grin

luka red
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August 28, 2017, 05:05:50 PM
 #8948

this world is not fond of gold. day by day the demand of gold is declining because of its price volatility. in recent times, almost 4 or 5 times the price of gold has been ups and down. so people are losing the trust on this tool.
on the other hand, the price of Bitcoin only has increased. so that Bitcoin is comparatively more profitable rather than any other tools.that is why prefer Bitcoin to gold at now.
virtualkeybuyer
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August 28, 2017, 10:33:21 PM
 #8949

I'll go for gold because the risk of failure is high in bitcoin rather than gold. Bitcoin is making a good outcome this year but it doesn't mean it will remain that way years from now, it's unpredictable we all know, unlike gold which has been in the market for a longest time, it has prove something which we should consider before investing
You are somehow right as gold is the old mode of business and it has a stable, furnishing industry but don’t you think bitcoin will overcome gold in upcoming years. Even in just 8-9 years bitcoins are just prevailing over the international market and so many countries and people are just starting it now. It will be safer in future.
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August 29, 2017, 01:54:11 PM
 #8950

I'll go for gold because the risk of failure is high in bitcoin rather than gold. Bitcoin is making a good outcome this year but it doesn't mean it will remain that way years from now, it's unpredictable we all know, unlike gold which has been in the market for a longest time, it has prove something which we should consider before investing

I do agree with you. Gold is more safer to have than bitcoin. It is too risky to invest in bitcoin. We'll never know until when it run. As what you've said it's unpredictable. Yes it last more than a year but the queation is until when? We don't know if five years ago it's value remains the same or going lower or higher.
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August 29, 2017, 02:05:14 PM
 #8951

Well basically both are the same thing . though the bitcoin transaction is a lot easier , so maybe the bitcoin is gonna be the new currency . and its value finally maybe related to the earth's resources so its price probably going to increase a lot . some say it is estimated to hit 100K USD in 5 years
to conlude going bit coin is a risk that we must take so I'd say . 80% BTC and 20% in gold for safety
Wong Gendheng
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August 29, 2017, 02:49:20 PM
 #8952

bitcoin is remarkable, the price now reaches $ 4500, and this again proves that bitcoin is a very profitable investment than anything including gold.
8Habits
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September 02, 2017, 05:50:23 PM
 #8953

Well basically both are the same thing . though the bitcoin transaction is a lot easier , so maybe the bitcoin is gonna be the new currency . and its value finally maybe related to the earth's resources so its price probably going to increase a lot . some say it is estimated to hit 100K USD in 5 years
to conlude going bit coin is a risk that we must take so I'd say . 80% BTC and 20% in gold for safety

Aways diversity. That is really the key. Never be complacent enough to just put all of your money to bitcoin because we really are not certain of the future of bitcoin. We just need to diversify so that we will have some fall back in any instances that are not favorable to us.
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September 02, 2017, 06:00:47 PM
 #8954

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.

Both of them are good. If you're going to invest something for a long term, I think gold is a good investment. Since bitcoin price is so unpredictable, but we all know that it's continuously increasing, it's a good investment too. Bitcoin can either be a good short/long term investment, depending on how much you want to earn.
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September 02, 2017, 06:03:52 PM
 #8955

both

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September 04, 2017, 02:10:31 AM
 #8956

Still Gold, even though i love bitcoin, i must be true to myself, Gold is there for almost a decade or century, it is also standardized and globally accepted, whether the price of bitcoin dominates the price of gold, we cannot just put aside the fact that the gold is globally accepted and also standardized which bitcoin has yet to achieve.

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September 04, 2017, 02:14:48 AM
 #8957

I like gold but I will choose bitcoin than gold, I can buy bitcoin and hold more than 10 years maybe then I will see my money increase so many from beginning.
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September 04, 2017, 02:44:13 AM
 #8958

Still Gold, even though i love bitcoin, i must be true to myself, Gold is there for almost a decade or century, it is also standardized and globally accepted, whether the price of bitcoin dominates the price of gold, we cannot just put aside the fact that the gold is globally accepted and also standardized which bitcoin has yet to achieve.

I would choose 75% of bitcoin and 25% of gold. As what they say, don't put your eggs in one basket so I would diversify it. Bitcoin has thrice the value of gold and the positive expectations of the analysts made me more convinced to invest on it cause in times of economic uncertainties like nowadays, bitcoin has risen in value cause people are choosing it over precious metals that has been the number option before. Gold on the other hand has advantages over bitcoin cause it is widely known and has been existing since time immemorial so I would not have a problem in case I wanted to buy something and pay it in gold since people knew it whereas bitcoin is not yet that known.

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September 04, 2017, 04:06:53 AM
 #8959

Bitcoin of course, the price volatility is useful for getting an easy profit than gold which needs a longer time to gain a profit after investing.
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September 04, 2017, 04:47:15 AM
 #8960

if I am in order to choose then I will choose both. I will choose bitcoin and gold, for now I do use bitcoin as my main investment but the result I save in gold, but my long term plan Cheesy

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