Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Opekin
on 27/12/2017, 23:34:13 UTC
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.
I will prefer bitcoin on gold because when there was no bitcoin in market so I was just buying gold and believe me gold did not give me any profit because gold is just a piece of valuable Mattel nothings more and bitcoin is full of good advantages you can invest here as much as you can and you will never lose here because bitcoin is the only currency in market if you will join it so you can use a lot of options for earning and it will give you a profit.


Although gold had been one of the strongest asset even in the historical times and in the early era of this generation, its value is continuously losing and for that, I go for what is currently on top, the bitcoin. We are now in the modern days and it is very acceptable and practical to choose bitcoin over gold.