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Author Topic: Investing in Bitcoin or Gold ??  (Read 12855 times)

Online lepbagong

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Re: Investing in Bitcoin or Gold ??
« Reply #105 on: January 19, 2021, 03:25:44 PM »
In general, in my opinion, gold is the most stable asset in comparison with other active ones. It is gold that is best used as a storage, but Bitcoin is not suitable for this, since it has tremendous volatility. But it is volatility that makes it possible to get a high degree of income from Bitcoin. In any case, Bitcoin and gold are not competitors, since any self-respecting bride must have assets of gold and Bitcoin at the same time. But if a person still has doubts about cryptocurrencies, then in any case he will choose gold, because it can be seen and touched.
True, it is clear that gold is also an investment that has always been used by many people and is considered very safe and is not disturbed by any circumstances other than of course due to recession, but it is even more expensive, but almost certainly rarely happens.

Bitcoin is clearly different, so the price cannot be anticipated all depending on the movements that are traded.
bitcoin is very unpredictable and can go up and down the difference, which results in the holder either making a profit or losing. but for those who understand, of course they will choose bitcoin compared to gold for long-term investment.
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Re: Investing in Bitcoin or Gold ??
« Reply #105 on: January 19, 2021, 03:25:44 PM »

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Re: Investing in Bitcoin or Gold ??
« Reply #106 on: January 19, 2021, 05:49:59 PM »
In general, in my opinion, gold is the most stable asset in comparison with other active ones. It is gold that is best used as a storage, but Bitcoin is not suitable for this, since it has tremendous volatility. But it is volatility that makes it possible to get a high degree of income from Bitcoin. In any case, Bitcoin and gold are not competitors, since any self-respecting bride must have assets of gold and Bitcoin at the same time. But if a person still has doubts about cryptocurrencies, then in any case he will choose gold, because it can be seen and touched.

You are right, several people still doubt in crypto currency, they believed in gold. But We all know crypto currency is more profitable than gold. Especially bitcoin, bitcoin is more valuable and profitable for investment. That's true.
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Re: Investing in Bitcoin or Gold ??
« Reply #107 on: January 19, 2021, 06:12:50 PM »
I think it's not just about profitability, but about security too. I think gold is far more secure than crypto. Ultimately, both are useful in pretty different ways.

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Re: Investing in Bitcoin or Gold ??
« Reply #108 on: January 19, 2021, 06:19:29 PM »
There are many investors who prefer to invest in gold and there are many investors who prefer to invest in Bitcoin at present. To me, investing in Bitcoin at the present time can be profitable quickly. I prefer to invest in Bitcoin instead of gold.
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Re: Investing in Bitcoin or Gold ??
« Reply #109 on: January 20, 2021, 01:10:23 PM »
In the past, people used to save gold. But now Bitcoin is considered the equivalent of Gold. Many people prefer Bitcoin to Gold. I think investing in Bitcoin is much more profitable than investing in Gold. So I would suggest investing in Bitcoin.
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Re: Investing in Bitcoin or Gold ??
« Reply #110 on: January 20, 2021, 01:48:27 PM »
Now I have something new in my house and it is the best gift from God in my real life.
Now the cryptocurrency price is on the rise and it is difficult to stop it because Hive and FOMO are rapidly rising in various media.

If I had 500 USD then I would choose Gold because maybe it is more, it looks more physical and gold will continue to rise, in contrast to cryptocurrency which is currently at its peak price.

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Re: Investing in Bitcoin or Gold ??
« Reply #111 on: January 20, 2021, 04:06:06 PM »
Gold, like Bitcoin, has now increased in price, in such a situation, I would still choose Bitcoin to invest my money

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Re: Investing in Bitcoin or Gold ??
« Reply #111 on: January 20, 2021, 04:06:06 PM »


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Re: Investing in Bitcoin or Gold ??
« Reply #112 on: January 20, 2021, 06:24:26 PM »
Gold, like Bitcoin, has now increased in price, in such a situation, I would still choose Bitcoin to invest my money
Bitcoin is indeed more potential than gold, but investing in Bitcoin also has great risks. We must be prepared to face the risk of losing when investing in Bitcoin because the price of Bitcoin can fall very quickly. Gold, although the price increase cannot be as fast as Bitcoin, but investing in gold certainly has more security and a small risk of loss.  Both have advantages and disadvantages, if I would choose both.

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Re: Investing in Bitcoin or Gold ??
« Reply #113 on: January 20, 2021, 07:39:10 PM »
Gold is real assets, Bitcoin is digital asset.
I have 500$ now, I see current bitcoin price is so high.
I think It is risky.
I want to invest in gold, Because I think GOLD is more stable.
Do you agree mate ?
Maybe you would like to recieve $505 in returns after 1 year of investing in gold :D, every investment has its own risk so I can't really force you to invest in bitcoin, but personally I would choose to risk that $500 and invest in bitcoin, cause I believe investment are made with money we don't mind to lose, I would take the risk and invest in bitcoin during that December then I would have cash out my profit when bitcoin got to $40k,but I'm not a financial adviser so DYOR, I wish you good luck.

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Re: Investing in Bitcoin or Gold ??
« Reply #114 on: January 20, 2021, 10:19:25 PM »
Gold is real assets, Bitcoin is digital asset.
I have 500$ now, I see current bitcoin price is so high.
I think It is risky.
I want to invest in gold, Because I think GOLD is more stable.
Do you agree mate ?

If you want get the big profit, I think bitcoin is the best choice for investment. Bitcoin will increase again and has been predicted will touch ATH again at this year. So I will choose bitcoin for short term investment and maybe if I have free time will do daily trading.

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Offline Clearman

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Re: Investing in Bitcoin or Gold ??
« Reply #115 on: January 21, 2021, 02:52:41 AM »
Bitcoin prices were so low in the last few months that if an investor had bought and held dollars at that time, he would now get four to five times more dollars.  Bitcoin is currently priced at 34,000 so there is still room to buy and invest so you can still invest.

Offline Linda78

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Re: Investing in Bitcoin or Gold ??
« Reply #116 on: January 21, 2021, 03:45:51 AM »
If you want get the big profit, I think bitcoin is the best choice for investment. Bitcoin will increase .but personally I would choose to risk that $500 and invest in bitcoin, cause I believe investment are made with money we don't mind to lose,Both have advantages and disadvantages, if I would choose both.

Offline Tamsialu$$

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Re: Investing in Bitcoin or Gold ??
« Reply #117 on: January 21, 2021, 03:47:21 AM »
What I believe is that investing in bitcoin and gold is completely different. Because there is no risk for those of us who invest in gold, if we can make a profit, then we have done it, if not, if there is a loss, then it will be a small amount. We, the Bangladeshis, especially everyone, prefer to invest in gold. But basically they know how to use Bitcoin, they only invest in Bitcoin. But by investing in Bitcoin, you can make a lot of profit, but if you lose again, you have to lose a lot. Even then, everyone who works in Bitcoin loves to invest in Bitcoin.
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Offline Bad leyar

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Re: Investing in Bitcoin or Gold ??
« Reply #118 on: January 21, 2021, 09:57:06 AM »
I think the price and popularity of Bitcoin has increased compared to gold at present. At present the price of gold is much lower than before. But the price of Bitcoin is much higher now than before. So I am optimistic that investing in bitcoin would be better than investing in gold.

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Re: Investing in Bitcoin or Gold ??
« Reply #119 on: January 21, 2021, 10:46:34 AM »
I like to invest in bitcoin. I invested several dollars in Bitcoin in 2020. So far I have been holding on in the hope of getting bigger profits. I think investing in Bitcoin is more profitable than investing in Gold. So I would recommend investing in Bitcoin.

 

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