Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Sacredtoad
on 15/11/2017, 23:17:53 UTC
I would choose bitcoin because you can make more profit with bitcoins than gold. Gold will be gold and bitcoin can even become bigger then it already is and it is still becoming bigger also the price of gold can become stable and the price of bitcoin cannot.
I prefer investing in bitcoin also because I know that in bitcoin I can earn more, in case or emergency I can withdraw it anytime I want, gold is good but since it is law regulated that is why its value is not that good, you are also earning but not too high but it is good also if you have investments in gold as you can also en cashed it anytime when needed.
Bitcoin has more liquidity rather than gold because when you are trying to sell gold then you need to find a buyer or sell it for a lower price in order to sold that bitcoin. Bitcoin is better because of the ease to earn money and to get the money from it and it has an advanced technology which is great for the people in our world in the future.
Yeah, we can sell our Bitcoin through online payment easilier than sell Gold through directly.
Although we can buy/sell Gold through digital exchange like Bitcoin, but there are not much people choose this form because most of people want to keep safe their asset.
Unlike Gold, Bitcoin does not have any risk when holding in our wallet unless your PC or hardware wallet have problem  Grin
I agree with you also gold is much easy target for criminals because they cannot take your pc with them and go into your wallet if you have a good wallet like i do then even that would be no problem at all for you.