Which is better to invest on,bitcoin or gold? by abisola12

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musing-threads · @abisola12 · Jul 8 '18

Which is better to invest on,bitcoin or gold?

It’s simple.

If you invest $5,000 into Gold, you can get $8,000 out of it if things go well or $3,000 if they don’t.

If you invest $5,000 into Bitcoin, you can get $200,000 out of it things go well and $0 if they don’t.

What most people don’t understand is that the downside risk of Bitcoin is only the amount you invest at maximum and not more, ever.

However, the upside is simply so gigantic that it trumps all other investment opportunities.

Most people don’t understand that.

The only thing you should not do, invest all of your life savings into Bitcoin or even take a loan. However, if you have savings and invest a small portion of it, a couple of thousand dollars, your downside risk is very limited.

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@valth · Jul 8 '18

Which is better to invest on,bitcoin or gold?

> It’s simple.

If it's so simple, why did you even ask the question in the first place? You do realize that you yourself originally wrote this question, right?

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@valth · Jul 8 '18

Which is better to invest on,bitcoin or gold?

And I almost forgot: good job with the copy-paste! https://www.quora.com/What-s-a-better-investment-gold-or-bitcoin

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