Which one do you choose for long-term investment in bitcoin or gold? Give me the reason! - Page 11 - Crypto World - CryptoTalk.Org Jump to content
Deborah Christine

Which one do you choose for long-term investment in bitcoin or gold? Give me the reason!

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On 5/18/2020 at 10:16 AM, Rezort said:

I think that even in long term gold is going to be more stable and much more expensive because it just a real resource not the digital one, however bitcoin is going to end its supply much earlier than gold.

Gold is definitely more stable than bitcoin but I think it will not be more expensive. Bitcoin grows with a mind-blowing speed that surpasses the gold with a huge difference. If this gap remains the same, bitcoin will be much more valuable than gold in the near future. Gold is all about slow but steady pace. The only reason that causes gold price to increase is its scarcity in the nature. If gold supply was high, it would behave almost the same as fiat currencies.

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I will choose long term investment in bitcoin. We can see the potential of bitcoin if we invest in to it and wait until the bull run comes you will earn big rather than choosing gold. Because bitcoin can have a big price point than gold that's why i am choosing bitcoin.

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Gold and bitcoin are important in the long run, but if I have the money and want to invest in it, I will divide it into two parts to invest in gold and bitcoin together.

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I tried to invest in btg once in yobit. But the currency is not available for investing. And the wallet is in the maintenance also in Yobit. But i know about the prices of Bitcoins. And the price always grow high and sometimes go down. But investing with good knowledge in btc can give good profits.  And investment projects containing bitcoins are also profitable. Trading is also trustworthy with btc. So i choose bitcoin. 

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On 10/12/2019 at 8:15 AM, Deborah Christine said:

Which one would you choose for long-term investment? Bitcoin or Gold? 

Gold has existed for centuries and is still popular today throughout the world. Price movements were not as fluctuating as bitcoin.  So what is your choice?

For me I will definintely choose bitcoin. Because it has great future. Even it can change our payment system. Even it's price is on low. And I can easily buy some bitcoin.


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Gold is more stable than bitcoin and i agree it is a great method for holding money for long time but as you said , its price doesn't increase at the same level to bitcoin since bitcoin may its price increase several thousands of dollar in a year.

For me i think i would use both of them in case there was an increase in one of them i get benefited

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I choose Bitcoin without thinking about gold at all. Some people love gold and think the monetary system must be backed by gold. I think that Bitcoin is better than gold because it is easy to make transactions and has a limited supply too of 21 million Bitcoin. Gold does not have limited supply but it is rare stone and it is been used for a long time as a store of value. Perhaps Bitcoin can replace gold.

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Both are good investments. The prices after ten years of holding htem show that Bitcoin will be the best but we don't know if it can keep for more or not. Gold is always the best option we have and Bitcoin can be even better as it has a decentralized network and millions of users.

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My long term investment is Bitcoin. I tried to buy gold when it was price at 1500 dollar before the coronavirus but is was so difficult and I looked at futures market and it seem that you have to hold the gold in your house or pay for them expenses to hold it. It is not what I want. I prefer to hold Bitcoin in my wallet and hold it for many years.

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On 10/12/2019 at 5:15 AM, Deborah Christine said:

Which one would you choose for long-term investment? Bitcoin or Gold? 

Gold has existed for centuries and is still popular today throughout the world. Price movements were not as fluctuating as bitcoin.  So what is your choice?

I prefer to invest in both, gold has been known for a long time, and its value increases over time, and this year the value of gold has increased more than Bitcoin. Also, I love keeping an amount of Bitcoin and investing in it for the next period, as I expect the price of Bitcoin to increase by a very large percentage. Therefore, I recommend investing in the two, gold and bitcoin, 50% of each.

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I would advice gold because Gold trade is acceptable and legal by every nation but bitcoin is still to be adopted by many countries so choose accordingly


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On 2/20/2020 at 8:36 PM, fatima123 said:

I will choose to crypto world market on this market I will choose not only bitcoin along btc I invested in xrp, eth and eos also so gold is not beneficial for me. 

If our intention earn money and we have two different assets to invest gold and bitcoin, then I invest in bitcoin for long time because bitcoin price increase significantly every year, and we earn good profit in long run

and the other hand gold also good for investment but the major problem is during the years, gold price not increased just we see little bit fluctuations not good for long run.


 

   

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Indeed, gold is a very profitable investment, gold also has an intrinsic value that is not owned by other types of investment. I love gold as an investment and I also like bitcoin as an investment, it is a difficult choice because both are very profitable. So I prefer bitcoins, because I can get bitcoins on CryptoTalk, while no one shares gold.

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For me I would personally choose the BTC you will get a huge profit form it compared to gold which the price almost didn't change because it is less volatile, while BTC is volatile so from time to time its price could change. You only need to do is hold some of it the sell when the prise rise up.

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Of course, I will choose to invest in bitcoin on gold because bitcoin prices are variable according to supply and demand in the crypto market, and therefore if you buy bitcoin and keep it for a long time, you may achieve good profits, while the price gold is relatively stable in the market.

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Whatever you choose it will be better from the failing fiat currencies we use. I chosen Bitcoin because it is easier to me and gold if I buy I will have to pay many fees, vat import taxes and I will also feel bad about someone stealing it. With Bitcoin you don't have this problem. Most burglars are stupid and can't find how to turn a computer on, they wouldn't know how to send the tokens from a wallet even if I had it connected to my pc and unlocked for them.

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Investment in Bitcoin is the best idea than invest in the gold becasue gold not give us good profit than the BTC becasue now the BTC value i low and if we buy it and hold the BTC for just 1 year it can give us good profit and if it touch the 200,000$ than we can make good profit in this market at that time but gold price is not increasing like this. So i just suggested the BTC than the gold.


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Bitcoin is only considered as an investment tool that has large fluctuations and becomes a transaction tool that has good speed. but we all know that bitcoin is not stable as gold is, in fact all crypto apart from stable coins are volatile. It would seem that most investors prefer gold because of larger volatility.

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iw ill choose both of them , gold has a stable price  and this is great to avoid losing the value of your money , in the other hnd bitcoin price always increasing and give extra profit so i';; invest the other half of my money on it

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For long term investment i chose bitcoin because i know the crypto currencies and bitcoin if i wait for some time for the price of btc go lower and then buy bitcoin or eth then there are 100% chances for getting profits on the other hand you can make short term trading which nowadays is more profitable you see the market .

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At the time of Buying gold, I need to have proper knowledge to judge if it is real and pure gold or not. With bitcoin, if it arrives on my btc wallet then i am 100% sure . Also I need physically secured place to store gold where i can store all 21m btc in a pocket wallet. 

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I think that we must first study each of the investment options to avoid losses in our capital, gold seems to me a very good option taking into account the fall that Bitcoin has had in recent days.

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I think gold is a much more profitable investment in the long run. Because gold generally does not fall. But we are seeing a lot of decline in bitcoin, and nowadays we can buy gold virtually. We can trade quickly, and in my opinion it is to invest in gold.

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I will be practical and would choose bitcoin right away. The reason is that the price range of it is so volatile that you could take advantage of it in the trade exchange market if ever you have come up with a plan on how to grow exponentially your investment in bitcoin. It would be wise also to choose bitcoin since we are already moving forward, which means that we are pursuing more to become more advance in science and that includes technology also. The way our technology would be about digital security which would make the block chain technology as a role model to other system. And it would become about the inconvenience also on how fast the transaction would be made.

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I'll choose Bitcoin over gold as the price jumps up and down. So, if the price of bitcoin will be dropped then I'll buy it and wait when it'll become higher again, the same with ethereum.

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