Post
Topic
Board Speculation
Re: I BUY GOLD OR BITCOIN?
by
stayeduptolate
on 13/03/2018, 09:49:29 UTC
Hi guys, I've been in the world of bitcoin and cryptocurrencies for some time, some relatives and friends ask me to buy gold or bitcoin to save, and I answer:

1. If you want to be safe without worrying about buying gold, because its price is very stable, at 1200 dollars an ounce.

2. If you want to invest in bitcoin I invite you to investigate what technology is about, I tell you that it is a new technology that will revolutionize the world, it is decentralized, distributed, without control of any kind of government, its quantity is limited. that allows it to be deflamatory, with the passage of time it takes more value, but it is your RESPONSIBILITY if you make the investment in bitcoin, I only tell you the advantages but it is up to you to investigate the subject.

WHAT WOULD YOU RESPOND?
Bitcoin has come a long way since it has started and in this process it has gained a lot of popularity among the people throughout the world. It is also evident from the increasing prices of bitcoin. Even though bitcoin has defeated gold in terms of price but still I would prefer holdings of gold over holdings of bitcoin any day. Because firstly, gold is a stable form of currency so it’s value does not fluctuate whereas bitcoin is not a stable form of currency so it’s value fluctuate a lot. Then gold is accepted by everyone throughout the world whereas bitcoin is not accepted.