Quote from: cotton ball on May 03, 2017, 06:58:04 PM

Quote from: bajing on May 03, 2017, 05:05:45 PM

Quote from: Monnt on May 02, 2017, 06:53:42 PM

Quote from: Sithara007 on May 02, 2017, 05:55:13 AM

Quote from: Zazzu on May 01, 2017, 10:00:24 PM

Bitcoin is not to hold for a long time and you should take advantage from each and every fluctuation to make quick profits which is never possible with gold and to make good profits from gold hold it for a long term.

Easier said than done. I agree that profit booking is extremely important with any type of investment asset. But making the decision with BTC is extremely hard. You never know when the next spike or crash is going to occur. So it will be better to have some targets in mind.

That is true but the thing with bitcoin is that you dont have to stick around and wait for a long time for the price to go up you can save and as soon as it goes up you can get profit from it, unlike gold that you have to wait forever until to make a noticeable profit from it, but still that is your option if you have the time and the patience.

Yeah but you need to accept about the risk you will got too, gold is the safe investment. people who have invest their money on gold not worry like us who have invest money on bitcoin. Both have the same advantages but all depends on your intelligence in making predictions.

No need to continue to use the word risk understanding, because basically all investment business is very risky, we are more trust in gold because it's legal and have ownership that's very accountable, and bitcoin is the right reason for the type of person who has strong mentality to continue making their economies double in an active way.

People who can afford to take risks and who are looking for higher profits will surely invest in bitcoins as with price fluctuations they can make good money in quick time which may not be possible with gold.