Post
Topic
Board Economics
Re: Bitcoin or gold?
by
sorrysteve1
on 08/12/2017, 20:21:47 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.
If I will choose between bitcoin or gold,I will choose gold because I gold proved that its value will never decreased. I am still not sure to what future that the bitcoin will face. The price of gold also is more stable than bitcoin.

This is wise logic and really the question is more of a 'would you go all in or bitcoin or not' and anyone with an ounce of sense knows that it's not wise to do such a thing. In the last 10 years gold has risen maybe 50% of which most will be eaten by inflation and so is a safe investment and pretty much similar to just not investing in a large sense.