Which one is better to invest in Gold or bitcoins?

[RicAngelo]

Both of them have their cons and pros. I always believe to invest my money in Gold as I find crypto to be risky but people like to take a risk and invest in them. How about you? Where do you invest or want to invest?

High risk High Return, i believe that but if i have to choose one of them, GOLD for sure. Because i dont have any idea about crypto.
If i want to do that, i have to learn more and more of course.

 

[Hate2Wait]

BTC is risky and we can not predict its price and is highly taxable in India so Gold is better

 

[RicAngelo]

BTC is risky and we can not predict its price and is highly taxable in India so Gold is better

The Government take a lof of money from BTC. Why they do that?

 

[Hate2Wait]

They are trying to discourage users so they don't go for crypto but its not a good thing and Government should be lenient

 

[gammarays]

Both of them have their cons and pros. I always believe to invest my money in Gold as I find crypto to be risky but people like to take a risk and invest in them. How about you? Where do you invest or want to invest?

Yes in this bear market, it'll be better to invest in gold since the value doesn't depreciate much. However, in other times crypto will give more profit.

 

[RicAngelo]

They are trying to discourage users so they don't go for crypto but its not a good thing and Government should be lenient

I see, in my country i dont heard about that rules and i hope they dont make that rules

 

[Hate2Wait]

I see other countries are favoring it but Indian Government is going backward

 

[RicAngelo]

I see other countries are favoring it but Indian Government is going backward

I see. So, i heard youre doing great with bitcoin trading, Ginger. You learned by doing it or what?

 

[Imran Noori]

Both of them have their cons and pros. I always believe to invest my money in Gold as I find crypto to be risky but people like to take a risk and invest in them. How about you? Where do you invest or want to invest?

I like both, Gold is real money and if you invest in it, your money will not lose it's value but Bitcoin is risky, if you invest wisely, you can make money with Bitcoin too.

 

[Hate2Wait]

I see. So, i heard youre doing great with bitcoin trading, Ginger. You learned by doing it or what?

Not great but I am trying to learn step by step and hopefully do better in the long run

 

[Golden9]

Both of them have their cons and pros. I always believe to invest my money in Gold as I find crypto to be risky but people like to take a risk and invest in them. How about you? Where do you invest or want to invest?

I would invest in both if I had enough money. Bitcoin has higher potential returns but higher risk, which would be balanced with the lower risk and profits of gold.

 

[Hate2Wait]

I need to start with learning now because I have wasted so much time and yet to start with serious investment

 

[Chibson]

That's true. We here always try to find out the ways to save taxes but with cryptocurrency, you can never save it.

That's it, it will be very difficult for people to make some good amount of profit in cryptocurrency from your country. I believe the government will do something about it soon.

 

[Sanjeev]

That's it, it will be very difficult for people to make some good amount of profit in cryptocurrency from your country. I believe the government will do something about it soon.

I don't think the government will do anything. It only tries to collect tax from the people.

 

[Chibson]

I don't think the government will do anything. It only tries to collect tax from the people.

I don't really know the system of government in which India runs. But if it is in my country we always have a change of government in every four or eight years.

 

[Sanjeev]

We also have elections every 5 years but the government doesn't need to change. It depends on the votes of the people and which party they select.

 

[Chibson]

We also have elections every 5 years but the government doesn't need to change. It depends on the votes of the people and which party they select.

Okay, our own is every 4 years. I think a lot of people in your country may even be afraid of cryptocurrency because they don't have much knowledge about it yet.

 

[Passiveearner]

High risk High Return, i believe that but if i have to choose one of them, GOLD for sure. Because i dont have any idea about crypto.
If i want to do that, i have to learn more and more of course.

The main problem is that both gold and cryptocurrencies are very volatile. They could decrease in value at any time and this could lead to losses. The fact of the matter is that you must never invest what you cannot afford to lose in such assets.

 

[eldavis]

With what i have seen, if i am given the opportunity to invest, i think i would go with gold, this is because compared to Bitcoin, gold is actually more stable in terms of price value.

 

[Sanjeev]

Okay, our own is every 4 years. I think a lot of people in your country may even be afraid of cryptocurrency because they don't have much knowledge about it yet.

That's true. They don't know much about it because the government don't promote its use. Our government thinks differently so they don't want cryptocurrency to get into the economy.