Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Herbert2020
on 31/03/2016, 07:46:38 UTC
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.

Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story

gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.

with the risk comes reward. if you don't take any risks then you can never earn any profits.
the stability of gold price makes it harder to make any profit from it while bitcoin's volatility makes it a very good option for making big profits.