Ninjastic
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Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Vikingr
on 15/10/2016, 21:07:27 UTC
Quote from: zodin on October 15, 2016, 07:54:55 PM
Quote from: Ultrasound on October 15, 2016, 04:18:03 PM
Quote from: randy8777 on October 15, 2016, 03:26:10 PM
Quote from: andyste on October 15, 2016, 12:10:33 AM
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.
yes i also agree with you i also think that bitcoin is too much better that gold because the price of gold cannot increase so high in such a short time period but the price of bitcoin can really increase too high in a very very short period of time.
That is the reason that investors are now shifting with a fastest speed from gold and other assets to bitcoin and bitcoin is their main asset for their investment and they now do not need any other aset for investment and buy them every time when they find some money.