Post
Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
KingdomHearts
on 15/10/2016, 21:01:47 UTC
don't same bitcoin in investment another platform gold or house
is gold is good investment is long time over 10 year
bitcoin is very bad is investment over 10 year

well, take a look at the 10 year gold charts. gold has gone up 112.5% in a matter of 10 years. it doesn't mean it will happen again of course, but investing in gold for 10 years and getting a return of just over 110% is not really promising. if bitcoin lives up to all its realistic expectations, then you'll be rewarded with a huge return. it will be beyond what gold will offer you.

From the past performance, it seems that the bitcoin is much better than the gold. The bitcoin will grow even faster.
you are right that bitcoin is much more better than gold because bitcoin increasing its price too much faster than gold because everyone want to invest their money in bitcoin and bitcoin is very good for making a good profit.