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    Author Topic: Bitcoin or gold?  (Read 984566 times)
    Biggapp
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    March 04, 2018, 07:03:34 PM
     #11121

    If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
    It really depends on the person if what he preferred to keep, a high volatility rate of bitcoin which is more risky or the tangible one yet the price is slightly stable?  Some may prefer bitcoin because you can buy a little of it then store than gold that is per gram yet the price isn't that increasing, but gold is safe-haven for some people where it is the deposit of their wealth. Bitcoin is not a big threat to gold but there is potential to be.
    Bitcoin and gold can never become threat to each other ever because we haven’t seen that diamond or any other precious stone or even dollar became the threat to the gold. Yes, these are totally different kind of the investments with different pros and cons which can be debated upon. Moreover, the stability of bitcoin is promised but the probability of the profit is very much less whereas in the case of bitcoin, the stability is not there but the probability of profit increases with every day passing.
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