Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Kevondo
on 29/12/2017, 16:46:36 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.
Bitcoin is best and it has made life easy and reliable, now I am making profit with bitcoin high as compare to any other investment. If I will buy bitcoin I will have it as saving and if I will have it as investment even then it is great. Gold is hard to hold because it is safety and realizable nature and now it is available for all time but risk is a part of gold investment. Gold will take time to increase but bitcoin is having wallets and it is easy to use anytime and anywhere.