How Risky And Safe Is Bitcoin and Gold

[Cleaner 2549]

14 hours ago, Khan said:

Both are risky and both have their own advantage and disadvantage like Gold is less risky and also return less profit on investment as compared to Crypto currency.

@Khan..There is a difference between crypto coins and gold.  Both are currently very expensive.  However, if you invest with gold, the risk is less and the profit is less.  And if you invest with Bitcoin, the risk is higher and the profit is higher.  So now anyone can choose gold or bitcoin for investment if they want.

[Arratee877 272]

They are all safe, smart and profitable coins most especially bitcoin is highly profitable above reasonable thinking. The risks is a stakes as the profit, the more the risk you take by investing large amount of money the higher the profit to make if properly manage. Crypto currency is a good strategy for making

[Msh9 84]

My dear friend, I do not think that there is any harm to cryptocurrencies and gold. Both have benefits and their role in improving the economies of countries and developing the resources and methods of exchanging money between people who work in these fields.

[SuperCrypto 7193]

In terms of security, gold is definitely safer, the gold market is much bigger than the bitcoin market so far, but for investment and some fun? Bitcoin is definitely the best, the Bitcoin trend is up by a much greater percentage than the gold trend, so it is the best fit for investment.

[cryptovlek 2597]

The risk is always high with Bitcoin. It is called a risk asset in the investment world. It is speculative and the price can vary a lot between a yearly high and a yearly low. What makes Bitcoin special is the stamina it shows during bull runs, it can go very high in prices very few predict and believed their predictions, and it can also revive from the land of the dead when everyone was thinking it was over.

Edited January 10, 2021 by cryptovlek

[Farukatie 1271]

Thank you so much my friend for sharing this great knowledge about gold and cryptocurrencies from your different it is very easy to understand the value of gold and cryptocurrencies and many of the people who don't know about this difference can easily understand about these two expensive things.

[Hanbal 359]

As for bitcoin and gold , bitcoin is more risky than gold in the case of gold the risky way is through minning and it price is stable at all times so the loss is minimal unlike bitcoin that it price fluctuates with time though you can earn high in bitcoin more than gold since it price changes if you are lucky enough when the price rise higher you can sell it for a high profit.

[Barbarellah 2225]

In reality, all investment involves taking risks either in Bitcoin or in gold, and of course the greatest risks are run when you invest in cryptocurrencies. To say that Bitcoin is not actually backed for me is off-base as it is backed by the great trust it has gained from its investors throughout its trajectory and it is a trust that will not disappear overnight. On the other hand, the term bubble is used when it grows, explodes and then disappears, on the other hand, Bitcoin has grown, it has fallen and with the passage of time it has recovered even reaching triple its previous maximums. As far as investment is concerned, it is advisable to diversify, therefore, Bitcoin and gold will always be options that we should consider.

[Farouk jubril 58]

The safest to invest between bitcoin and gold is gold because it has a stable price and does not flunctuate but to make profit from it might take longer than expected but you see bitcoin is very risky because it’s volatile in nature, you can make profit the next minute and also loose money next minute it depends on it’s doing on the market 

[Sykkuno 2887]

Gold is not for us. How can we invest in gold, we can't even find a proper way. I have tried to find and you need to buy from a bank and pay very higher prices from the market to cover for their fees. And when you decide to sell you will have to sell at a very lower price from the market.

Also you have to take the gold physically and be responsible to safeguard it. This is not a good way to store our wealth in my opinion and the risk is too high to hide gold at any place.

[tienda 8776]

Without the doubt investing in Bitcoin is more risky than investing in Gold. Because the Gold still here from long time, its value stable and will stay for ever, because is a physic object. About Bitcoin is very volatile is possible will make you rich in just some days and also is able to make you poor in days! And nothing is sure about Bitcoin future…

[Sairaranjha 674]

thank you so.much for explaining the difference between gold and bit coin.by ready this topic I understand the value of gold and bitcoin.yes dear  investing in bit coin is risky.

[miskyming 1588]

In my opinion I think both are safe to invest because in the long run the price of bitcoin and gold will increasing and it's proven right now. As you can see the price of bitcoin has reached 41k so this means it can grow up to $100k but we don't know when will it happen but I'm sure in the future bitcoin will achieve that high price. 

[yonkii 3205]

This is very nice post that is raising many questions to all of us. I have very little interest in gold. For me Bitcoin was the easiest to buy and I also found it is very easy to carry with you anywhere you go, and very easy to send it to anyone you want. This is the reason I invested because I think it will also become better with future developments. Gold is gold, it can't be developed to be better. Bitcoin is having Lightning soon and this will help with everything become faster and easier.

[Froshk 1828]

Bitcoin and Gold are similar yet different from one another, 

On 1/7/2021 at 8:14 AM, Cleaner said:

Bitcoin and gold are both expensive and the best.  The price of Bitcoin is only increasing day by day.  And the price of gold is stable.  So we will now analyze bitcoin and gold below

 

Bitcoin : Bitcoin is a crypto currency.  The popularity of crypto coins is increasing day by day.  The price of Bitcoin depends on supply and demand.  Now the demand for Bitcoin is increasing and the supply is decreasing which is causing its price to go up.  By investing in Bitcoin you will get a very good amount of interest.  But no matter how safe these coins are, these coins are always volatile.  This coin has no fundamentals, this coin has no controller.  These coins are creating bubbles in the market and could burst at any moment, resulting in many losing their capital.  Bitcoin is considered by many countries as a counterfeit currency.  However, there are both risks and profits in using Bitcoin.

 

Gold : Gold is an expensive thing.  The price of gold does not fluctuate much  Gold can be bought with the currencies of all countries.  It is safe to invest in gold but the interest rate is very low.  But there is no risk in investing with gold.Anyone with gold can safely invest for the long term.  This can lead to better returns at some point.  Gold is a good asset for the country

 

 

How safe and risky do you think Bitcoin and Gold are?  Which one are you willing to invest in?  Let me know which is best for you and in which direction

Although Gold to me, seems to be safer since its a physical entity that can be seen and felt, on the other hand, Bitcoin depends on addresses and computers for its operations. 

Edited January 11, 2021 by Froshk

[joemcgwa 3227]

Bitcoin and gold both are risk because they are all be traded and people are doing analysis through them to assume the next price movement.

[Yaabu 80]

Without much reason we all know gold is safer than bitcoin, Gold price are far more stabilized than that of bitcoin. Security wise gold is safer. 

[Cleaner 2549]

9 hours ago, Froshk said:

Bitcoin and Gold are similar yet different from one another, 

Although Gold to me, seems to be safer since its a physical entity that can be seen and felt, on the other hand, Bitcoin depends on addresses and computers for its operations. 

There is a difference between gold and bitcoin.  Gold is the wealth of every country.  You can invest with gold which is safe but its profit is low.  And Bitcoin is a cryptocurrency.  The price of Bitcoin is volatile and investing in it is risky.  But investing with Bitcoin is profitable.And Bitcoin is calculated by a computer which is stored in the transaction blockchain

[Ameralsamt 2558]

Yes, my friend, you are right, of course the coin of the bikoen is the best currency because its price is very volatile so we can earn the best winning, unlike gold is a fixed price, and can not collect the best profits.

[Khan 1414]

On 1/12/2021 at 2:28 PM, Mr alooze said:

i think bitcoin comes to place but if its about safe investment then gold is the better choice to choose, but if someone wants to earn some profitable income everyday then bitcoin is better but gold always retain it value for at least 3days....!!!

Right, Gold is the best option as per safety but if you compare both as per the profit return then Bitcoin is the best choice because Bitcoin return almost 2x or 3x profit on your invetsment. 

[P A Ashif 2409]

Well I found out that bitcoin investment is more safe than that of gold. The reason I am saying this is that after analyzing the previous trends then if you are big holder then definitely you will earn profit in a span of 3-4 months in bitcoin. My profit means that the profit will be enough for 1 year.

[Cleaner 2549]

50 minutes ago, Khan said:

Right, Gold is the best option as per safety but if you compare both as per the profit return then Bitcoin is the best choice because Bitcoin return almost 2x or 3x profit on your invetsment. 

@Khan..It is safe to invest in gold if you are investing in security.  However, the technical coin is bitcoin.  Bitcoin is safe for me.  However, it is risky because it has no controller and its price goes up and down.  If you invest with gold and bitcoin, you will get 3x and more profit from gold

[Cleaner 2549]

9 minutes ago, davy22 said:

@Cleaner @kikifam @Kiki @Ghad94 @Ghats

The truth is the two are turning to be  a unit of storage so to me this sis really powerful and people should know this and there is no other way but to be effective in understanding this we need to be careful to work as hard and be right to what is right to me its really tough to not even imagine there is a lot  for work to be done today and any other day for me

What did you say?  Did you answer the topic relevant?  You will read the description of the topic well and answer.  Otherwise there will be a problem with your account.  Always post in good quality and try to give relevant answers to the topic.

[percare 3192]

Some people say there is no risk in buying gold. Isn't there? When buying gold where do you keep it, perhaps in your house, so the risk is probably way higher from anything the gold investors are saying. Bitcoin is less risk if you know how it works and how to avoid the scams.

[Cleaner 2549]

19 hours ago, percare said:

Some people say there is no risk in buying gold. Isn't there? When buying gold where do you keep it, perhaps in your house, so the risk is probably way higher from anything the gold investors are saying. Bitcoin is less risk if you know how it works and how to avoid the scams.

If you buy gold and keep it at home, it is risky.  However, you can invest through Sona Bank.  As a result, it will be safe and beneficial.  However, you need an exchange site to invest with Bitcoin.  Where no one needs to go to invest and no one will know if you have bitcoin.  And if you can keep Bitcoin safe then it is safe and investing with this coin is very profitable