Post
Topic
Board Economics
Re: BITCOIN / GOLD
by
saooesnamax
on 21/09/2018, 23:03:35 UTC
Both have a very high profit value but most of the people prefer gold due to several reasons ranging from affordable gold prices to safer gold in investment compared to bitcoin
Yes both can give a good profit but gold have stable price not like bitcoin that you get a huge profit once the price will goes up. Gold is very valuable and you can keep it for a life time. Bitcoin is also valuable but you can not keep it for a long time because once bitcoin price go up you can sell it.
Bitcoin can get a big profit once the prices go up.
But it is also possible that the price drops
The problem with Bitcoin is that it is raising significantly and dropping significantly and this is a serious risk to investors with huge money
But gold as its value is fixed and never fallible
The price does not come down and is not affected by any news or under any circumstances
It is a constant that does not change