Ninjastic
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Board Economics
Re: Bitcoin or gold?
by
freedomgo
on 26/12/2017, 07:30:40 UTC
Quote from: ViciousWarlock29 on December 26, 2017, 05:33:04 AM
Quote from: Janation on December 26, 2017, 04:45:28 AM
Quote from: ansh_848 on December 24, 2017, 04:21:33 PM
Gold price is not changing from last 1 month, bitcoin price changes with in lakhs. So you are good enough to make judgement. Bitcoin is good for now.

It is good but there are some good side and bad side about it's volatility. Yes the price is changing very quickly and it gives good profit from the people, but think of this, when people bought bitcoin at $14K and then it dumps all the way to $10K, is that good? No, but when it pumps, it is good since you have a good profit, but the thing is, it is risky unlike Gold.

Yeah correct, in bitcoin there are high risks to consider than in gold. But we can't deny the fact that bitcoin is more profitable than investing in gold.
That's the reality especially from those who have already experience it and had fulfill their financial goals by investing with bitcoin.
We have to look for the future, gold cannot give the people benefits, but bitcoin does because of the decentralized system it can give us freedom to transact online with full security.