Bitcoin is better than gold

[Enxx]

Not only in this forum but on other forums too, I do see people debating on the better Investment among gold and Bitcoin.
The best Investment for now is bitcoin because with bitcoin Investment there is guarantee that in few years not up to four years, the price will rise up to 10 times the initial price but gold price can not be that high.

 

[Chibson]

Bitcoin may not be better than gold but it is a more preferable investment for me. What i have come to understand is that people have different opinions concerning this particular debate. Some people even call bitcoin the digital gold.

 

[Hate2Wait]

I don't know if its better or not but as for India better to invest in Gold as BTC is highly taxable

 

[SHAHID987]

Gold price is also increasing day by day and its previous century record is clear whenever people invest in it they get profit.

 

[Shavkat]

For me, I still prefer over the BTC. In fact, it is a good investment because the value increases like having land properties. I am not sure with the others.

 

[Sanjeev]

For me, Gold is better to invest in. I dont want to invest in BTC as it's risky.

 

[Hate2Wait]

If I were given the option I would have chosen Gold as its less risky and better for Indian users

 

[Chibson]

I don't know if its better or not but as for India better to invest in Gold as BTC is highly taxable

I heard that the India government placed 30% tax on any cryptocurrency transaction you are doing. That will actually discourage a lot of people from using crypto in India.

 

[ridsa]

I don' trust crypto coin, better invents in gold.

 

[Chibson]

I don' trust crypto coin, better invents in gold.

There is no need for you to invest in something you do not trust. Personally I prefer cryptocurrency because I have more knowledge about it than gold.

 

[ridsa]

There is no need for you to invest in something you do not trust. Personally I prefer cryptocurrency because I have more knowledge about it than gold.

sure it back to the person.

 

[Hate2Wait]

@Chibson This is why its even more tough for us Indian users to go for BTC payments but I hope we can find a way

 

[Imran Noori]

Not only in this forum but on other forums too, I do see people debating on the better Investment among gold and Bitcoin.
The best Investment for now is bitcoin because with bitcoin Investment there is guarantee that in few years not up to four years, the price will rise up to 10 times the initial price but gold price can not be that high.

Gold is real money which has a real value but Bitcoin doesn't have any real value but it can increase in price.

 

[Niyi Briggs]

It seems we are all forgetting about the bear market so soon. Gold would surely appreciate but bitcoin is unstable at times.

 

[AmazingJob]

The value of BTC is on downward trend. I don't see it is going to rise up higher than before.

 

[ridsa]

Gold is real money which has a real value but Bitcoin doesn't have any real value but it can increase in price.

Gold have economic value, save haven, real thing you can keep it for long term without woried losing the value and easy to sell/buy not like crypto things.

 

[RicAngelo]

For me, Gold is better to invest in. I dont want to invest in BTC as it's risky.

Indeed, GOLD of course for me, BTC i still have to learn about it more and more. I dont wanna do something that i dont know.

 

[ridsa]

Indeed, GOLD of course for me, BTC i still have to learn about it more and more. I dont wanna do something that i dont know.

BTC like stock but not like stock that have economic indicator for up and down value prices, BTC just from rumor and rumor >_<

 

[cherry123]

I don't know if its better or not but as for India better to invest in Gold as BTC is highly taxable

This is the same opinion I havem I just believe that buying gold and storing it for the future will be better than BTC

 

[gammarays]

For me I'll prefer BTC over gold. The advantage gold has over BTC is that it's not volatile so maintain a stable value in price. However, Bitcoin is more profitable.