Post
Topic
Board Economics
Re: Bitcoin or gold?
by
The_Dark_Knight
on 22/07/2017, 02:10:26 UTC
Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin
At this moment that the price of bitcoin is dumping I think it's good to invest with gold for awhile to secure your money, that if you have a decent amount for investment but if not then just relax and wait after this segwit drama that people are feeling. I could already see wise people that are going to be happy after the August 1 because nothing bad will happen, it's the FUD that cause this market status right now.

I think the price is low at the moment for the bitcoin. We shall convert gold into bitcoin.
A diversified portfolio is needed too, bitcoin gives the greatest earnings but not everything is about earnings, gold gives you security that your savings are not only going to have some value today or tomorrow, your savings will have value hundreds of years in the future.