Post
Topic
Board Economics
Re: Bitcoin or gold?
by
lol3c
on 31/12/2016, 09:15:29 UTC
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
I agree, it may be for businesses in the short term, we prefer bitcoin than gold, it is because we are the ones who dare to take risks. Well, does gold have a small risk and gold always has a price, but, takes a long time to make a profit from it. I mostly look for bitcoin than gold, so I feel it is the best.
Even for the long term investment, I rather choose Bitcoin than Gold. Bitcoin is more potential and more effective which can be used online, can be considered as a type of saving money, can be held to get some profits. If you buy gold, you can not use it both online and in the physical world.