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Te5226

Gold or BTC, which will you choose?

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To believe (e.g. to be certain) something like that does not make rational sense. To say that is a statistic probability makes much more sense. However, this has been discussed over and over again. In order for the cryptocurrency space to thrive, it would be most suitable if there were multiple coins at the top and not just one (as currently Bitcoin is). Nobody can say that either one will happen for sure; they would only be speculating.

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I would rather choose BTC. First of all, it's virtually mined unlike for gold which are extracted underground and that contribute to soil pollution. Next, I don't want to carry golds, people may see the golds and will spark immorality. On the other hand, bitcoin is in a virtual wallet - very convenient.

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BTC without a doubt; 11 years ago I made a good decision and although I have worked with gold physically I prefer BTC virtually for refuge of value or profit.

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I think that already depends on the ideology and the knowledge of the people for example, i do not think that a person who does not know about btc invests in coins since he only knows gold and vice versa the same happens with people who only know how to handle btc

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It is use to trade and in other transaction basically it is money. It can be store on wallet that is also IT based. The advantage of it is that it is not that bulky and you can easily access it. You can have some of it in small amount. 
The disadvantage of it is that you can't use it without internet. And it has only one use and it is just for trade. Just like money.

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Undoubtedly, as we can see, gold is appreciated for its liquidity, and can be quickly converted into cash, virtually anywhere. The only drawback is that due to the storage and transport costs associated with this metal, you have to sell the gold at a higher price than it is really worth, which means that liquidity has a cost.
A curious fact is that Bitcoin and blockchain are helping gold become even more liquid. Tokenized gold projects like VGold, a lightning-based bullion token, will make the metal easier to exchange for other cryptographic chain assets like Bitcoin, stablecoins or any other tokenized asset.
On the other hand, liquidity remains a problem for Bitcoin, because while there are several exchanges and many ways to trade through peer-to-peer services, the amount of bitcoins that are moved each day is still very small.
 

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On 11/20/2019 at 5:23 AM, Te5226 said:

I want to know from crypto people of this forum. Which you will prefer to invest, Gold or BTC? 

 

I will choose Gold because It's price is huge in my country. Also, I can kept gold on bank for security.

 

I am not choosing btc because I think crypto wallet security is not on the high level because Hackers are cracking it everyday.           

as easy as seeing reality, you decide what to invest in because in the 2 it is a risk bro so easy luck

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Maybe I would have chosen gold some years ago. But why will I choose gold in the presence of bitcoin. Let's say gold is even valuable serious too, but it can't beat bitcoin in price or value. Bitcoin also has huge potential to bring profit to the owner quickly than gold. This is obvious

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I mean that's true, but in some circumstances and in other cultures 1 cow and 2 goats will get you a plow for your farm; does this mean that when you talk about cows and goats you automatically think of "currency"?  No.
Ethereum is, at least how I understand it, a token that can be used for smart contracts/apps... It just seems, to me atleast, that Ethereum can be and should be viewed as something completely different than cryptocurrency.
 

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I think it depends on what you are looking for or planning for the future because currently, gold is the reserve of value by predilection.
and bitcoin coin is still too volatile.


For example, if you are looking for something "safe" you can choose gold, and invest in it, which will keep your savings or investment stable in a certain way, even though your profit margin will not grow too much per operation.


On the other hand, if you are looking for something more "risky" you can choose Bitcoin (first of all you must understand that just as the profit margin can be very large, the loss can be just as large)
whose profit margin could be very high from a single operation, there are occasions that in the period of minutes the profit can reach up to 20 - 30%, and this is very usual in the world of cryptocurrencies in general.


So it is up to you, as additional information, I will tell you that if you invest in whatever it is, you have to inform yourself well, be aware of news related to the asset of your preference.
From my personal point of view, invest in both assets, since the best thing is always to diversify our investments!

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Nowadays the crypt coins are becoming more and more valuable, I consider that they are worth more than gold and that they will soon be replaced, although gold has been a form of trade for thousands of years nowadays its exploitation generates a lot of damage to the land and I consider that this is why crypt coins are a real solution to stop and prevent us from continuing to destroy water sources just for gold. Cryptomonies are the future.

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GOLD = for Industries, BTC = for everyone, I choose btc since it is more accessible, easier to obtain and gain profits than gold, in terms of security a bank technically owns your money but with cryptos you have all your capital and if you do not share your data it is very unlikely that you will be stolen,greetings.
 

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I will choose Bitcoin of course because it gives me absolute financial freedom to follow me anywhere in the world and face any financial difficulties that I encounter from any investor in the world.

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On 11/20/2019 at 7:23 AM, Te5226 said:

I want to know from crypto people of this forum. Which you will prefer to invest, Gold or BTC? 

 

I will choose Gold because It's price is huge in my country. Also, I can kept gold on bank for security.

 

I am not choosing btc because I think crypto wallet security is not on the high level because Hackers are cracking it everyday.           

It is complicated because in my country gold is worth but it is difficult to invest in it since they steal this element a lot and I would not have where to keep it, so I think it would be better in my case to invest in BTC because I can work with less risk and more now than the platforms have many ways to take care of your virtual wallet, so I prefer to invest in Bitcoin.

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Hello, the choice depends on the objective of each one in the investment, if one wants to maintain the value he would buy gold, but if one wants to risk and win a good difference in money, bitcoin is the best option. the other is 50% to gold and 50% to BTC.

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I think i would invest in bitcoin because i don't know so much about gold or how it works. However Bitcoin isn't in a bank and is virtual so for me is more secure. 

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Which one will you choose? Gold or BTC, Bitcoin is a better investment for potential short-term gains, but you also have the potential to lose a lot of money. Gold, however, is a stable investment that almost guarantees a long-term return on your investment. I keep both ...

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If I have to select both bitcoin and gold, I will select bitcoin. Because gold makes us worry about how to place it when there is no such thing in bitcoin, but we can keep the safe in our mobile phone and computers. And apart from this, if we compete with both bitcoin and gold, then the price of bitcoin is increasing more than gold. So it would be beneficial to invest in bitcoin more than gold. Every other person has his own wish that he can invest in the rat, there is no restriction of any kind, but I would like to invest in bitcoin itself. 


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Gold is more risky in my country because you will may be attacked anytime by terrorists because they know you have Gold. I chose bitcoin because i will keep it in a safe wallet and without anyone knows even my neighbor.


Time is the ultimate weapon!

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Personally, my source of investment is currently Bitcoins and other cryptocurrencies, since the ease of accessing these digital assets is easier for me than with minerals such as gold, I do it through Exchange such as Binance or Yobit where I exercise some trading and investments in your pool.

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Gold and crypto I think will be Gold e.  Because this crypto talk has not reached the golden age yet. But yes, very soon it will gain a lot of popularity and it will be much better. Everyone likes gold.  But yes, there are many like me who can like the crypto world.

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On 10/14/2020 at 8:37 PM, Ecoloco2020 said:

Hello, the choice depends on the objective of each one in the investment, if one wants to maintain the value he would buy gold, but if one wants to risk and win a good difference in money, bitcoin is the best option. the other is 50% to gold and 50% to BTC.

You are slightly wrong, slightly wrong in the sense that if you want to maintain value too and even increase it, bitcoin is the best way. For now, you can not compare bitcoin to gold, bitcoin is better. Gold too can be subjected to price decrease, but also the net gain always is increase. But, as for me, I prefer bitcoin. 

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