Post
Topic
Board Economics
Re: Bitcoin or gold?
by
kacak41
on 27/02/2016, 11:45:29 UTC
I have a strong feeling that bitcoin can give me good returns in future so I would choose to invest in bitcoin as the price is too volatile so I can earn a good profit from it.

Depending on bitcoin too long is not a wiser thing to do, as you said the price is too volatile anything can happen in future, either bitcoin can make you super rich or you loose everything.

Yeah investing in bitcoin is too risky and if you can afford to take that risk then you can surely invest into it, but I would choose gold as it is more stable and it can give me good returns in long term.
It is risky of course, but that will be good if you invest it and that it will rise, so you can have some profit later.
But gold is also very good but that is not rising so fast. If you want to make money fast you must use Bitcoin

Yes if you want to make quick profits then invest in bitcoin, and if you have a patience and if you can afford to wait for a longer period of time then you should invest your money into gold.