Post
Topic
Board Economics
Re: Bitcoin or gold?
by
mistanama
on 05/07/2017, 07:56:02 UTC
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I choose bitcoin, although a bit risky in investing but it will help me earn a huge profit after 10 years.
Gold is a full wrap option, it will not make you rich quick, it's just hoarding your money
To date Bitcoin is all famous for only about 10 years. But we know about the global domination of gold metal throughout the history of mankind. I do not think that gold can fall in value so much that it will depreciate. I understand that Bitcoin is very good today in price and brings good profits, but Gold is a commodity whose price is almost constant and unchanged.
We all have a choice as investors and if only I have a lot of money I will include gold in diversification of my holding.
I have bitcoins and now I am more aggressive investing in crypto since the good news are really tempting me to get more exposure in this industry.
Our mind changes as the market evolve and right now I will always choose bitcoin since it's where my investment sits.

I might hold some gold. But I think I will hold most wealth in bitcoin.