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That I'd exactly what gives bitcoin an edge over gold . But when it comes to the risk in investment, bitcoin is riskier.Bitcoin is truly better than gold when it's comes to profitability ratio , considering the fact that Bitcoin have more volatility compared to gold
I guess the reason why they often stick with gold is because of the risk involved. Gold is not as risky as bitcoin investment. Gold is more stable than bitcoin.Despite that some people still store or prefer to invest in gold than Bitcoin ,not knowing the profitability ratio attached to Bitcoin ,since they don't do more findings
Very true Bitcoin contains huge risk , I think to earn more money you need to go for the one with huge risk and apart from the huge risk ,Bitcoin really is very innovativeThat I'd exactly what gives bitcoin an edge over gold . But when it comes to the risk in investment, bitcoin is riskier.
I would say that bitcoin is a much better investment at the moment because it has shown a lot more growth in a shorter period of time than gold has and there are many of the influential people in the world that are also making the shift from gold to bitcoin in order to try and secure more profits. However the risk is much greater with bitcoin as well.Which is a better investment to make, Gold or Bitcoin? Supply and demand cause the value of both of these coins to go and up down.
Another consideration to consider when investing in Gold is that the a factor that has an impact on the price is money inflation and currency movements.
I think that bitcoin is a much better idea because if you look at the price of the bitcoin versus gold you will see that there is a rise in the bitcoin price that does not even compare to what we are seeing in gold. And therefore that is why there is a lot influential people that are saying thsi as well.Which is a better investment to make, Gold or Bitcoin? Supply and demand cause the value of both of these coins to go and up down.
Another consideration to consider when investing in Gold is that the a factor that has an impact on the price is money inflation and currency movements.
Both are lucrative and profitable investment. Although preferably, I prefer to invest in gold which is more viable and isn't so prone to risk and volatility unlike Bitcoin which the worth might reduce. I prefer to invest in gold as much as the value of Bitcoin. The only disadvantage of gold is, it might be prone to security risk and burglars.Which is a better investment to make, Gold or Bitcoin? Supply and demand cause the value of both of these coins to go and up down.
Another consideration to consider when investing in Gold is that the a factor that has an impact on the price is money inflation and currency movements.
The volatility of Bitcoin price makes it much more easier for you to make more money in BTC than gold. if you have proper knowledge of cryptocurrency then you would make more money in Bitcoin in the sense that you will buy when the price crashes and sale when the price rises. Gold on the other hand is relatively stable I will not make much profit on the long run like BTC.I will definitely go for gold though Bitcoin is still nice but I'll invest in gold because of its price stability and it doesn't lose value and if the price of gold falls it doesn't fall like that of Bitcoin and it really takes time before the price of gold falls so this are some of the reasons why I will definitely invest in gold and not in Bitcoin though the two are nice and you can earn faster in Bitcoin than in gold.
There is no doubt that gold is a very good investment option for anyone especially when you have proper knowledge of when to buy and sell but if you want faster profit then bitcoin would give you that. You made this comment into 2018 and today bitcoin has risen so much beyond expectations and of course it is going to rise more.My opinion and know about reading a lot about investments. Gold mining, or storage, just give it a name. Gold is a very good investment, just see when you buy it and just keep it. In a decade, maybe sooner, maybe later all gold will be mined and no more gold to sell, so I would buy gold as a future investment and keep it. Price will be huge when the gold storage is done, and now more gold to find. And Bitcoin...I believe in crypto, especially in BTC, the bitcoin itself is the biggest, and I keep my bitcoins, sometimes buy sometimes sell, all depends on the market. And the last couple of weeks buying BTC was a very good investment. I always look at the crypto's and you can make a lot of profit buying and selling BTC. For example, on the 17th $3257 at midnight, $3554 on the 18th at midnight. And now 01h37 BTC is worth $4118. Good investment, just need to know when to buy and sell. Greetings, imza
There are a lot of countries adopting bitcoin as a legal tender and I have not seen any country that adopts gold as a legal tender even though it is much more valued by everyone across the world. Bitcoin is definitely the future and a lot of billionaire has will continue to invest and it.Well,investing in Bitcoin can be a good investment if you are sure that in the future the value of the Bitcoin will rise.It might be risky investing in Bitcoin,but if the value of the BTC will be higher than it was worth the risk.Investing in Gold is more secure.
I understand that you are talking from stability standpoint. Volatility is what makes bitcoin much more lucrative than most business concepts. When you invest when the price is extremely low and take profit when the price is high then you stand a chance of making more money and that is what investors consider.I totally get the concept that with Bitcoin you stand a chance of making more profits than in gold because the price rises and falls anytime but I was looking at it in the stability aspect that's why I said that I prefer gold to Bitcoin because I know that in Bitcoin one can make money faster than gold.
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