Topic: Holdings of gold vs Holdings of btc - page 19. (Read 62794 times)
I like to hold bitcoin cash instead of bitcoin gold. The reason is I like cash and I use cash for every transaction sometime when the gold prices get fall I like to purchase but later I sold that because I am not using gold for any reason and I have no experience to hold gold. while I use cash in my daily routine and that’s why I want to hold it and use it.
The problem with holding BTC is that we don't have slightest idea how it will scale in the future. Gold is commodity and its status won't change - probably ever.
Bitcoin, however, could be harmed by potentially unfavorable laws and restrictions in the future.
Gold has a larger market share compared to bitcoin. That's why it's value won't depreciate and the demand of it won't cease as compared to other investments. Bitcoin is better for getting a higher rate of return, It will be best to invest a larger amount of our holdings into bitcoin once it's demand for laymen and market share increase. Bitcoin, however, could be harmed by potentially unfavorable laws and restrictions in the future.
In my opinion it is impossible. Bitcoin can be hacked and steal, real gold too but it is much harder. It is one and really good reason why btc will not be like gold
A lot of people view gold as a safe haven, and an excellent diversification from paper currencies,it's a traditional market's target,because gold rises in value when inflation takes hold.I think that if you want to protect your money,you must buy/hold gold(in my opinion you cann't earn passive income by holding gold.) and if you want to increase your earnings you must hold btc,not gold,because all we know about bitcoin's potential,Bitcoin is ''mineable'' like gold and more profitable,so,despite this they are different in their properties.
Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
I do prefer holdings of bitcoin than holdings of gold. Although both of it has a value and price. I most prefer bitcoins because i think bitcoin has higher value ang more popular to use as of now. Because bitcoin making noise worldwide because of its features especially the payment system. If you have both gold and btc then you ate lucky enough because its not easy to own both. It requires more than money but also time and effort. However, its easy to hold bitcoin than gold because bitcoin is decentralized unlike gold that you have to comply legal issues before you can convert it to cash. In any case that you can own bigger btc you will not be questioned by the government whereas if you have lots of gold then you have to present documents to authorities to legalize your transaction.
Well in my opinion, bitcoin will never be equal to gold because gold has physical value and represents for the whole economy while bitcoin is just numbers. One possibility for that to happen is we lose all our gold
I do prefer holdings of bitcoin than holdings of gold. Although both of it has a value and price. I most prefer bitcoins because i think bitcoin has higher value ang more popular to use as of now. Because bitcoin making noise worldwide because of its features especially the payment system. I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
Both of them are profitable so if we have a chance to invest on both then we will surely do it.Gold is completely profitable with little risk but bitcoin is too risky therefore you need to ensure you will be able to manage the risk to have a better success rate.
Yes your right, both are profitable, so much better to invest bitcoin and gold, because the value of bitcoin is pretty fast, but like what other said it's so risky, and we don't know if the value's going down or going up. And for the gold it's secure and the value is stable, that's why is safe to invest or hold ( they have also risk but it's not to risky like bitcoin. ) And that's my opinion.
i don't know, but i guess for now holding bTC is great way than holding gold.
the price of gold is really long to get higher.
but BTC you guys have known, it is getting to the moon recently.
i just can hope the price will fall soon
then i can buy some.
it's like it will be impossible the price will be back as last 2 months ago.
everyday is getting higher and higher.
it ever took 100millions $.
i can't close my eyes to watch it.
I agree, for now investing in bitcoins is a lot better than gold because it gives higher return and gains unlike in gold where the price growth is quite slow since it is more stable than bitcoin. Both are good investments though bitcoin is more risky but gives more profit.the price of gold is really long to get higher.
but BTC you guys have known, it is getting to the moon recently.
i just can hope the price will fall soon
then i can buy some.it's like it will be impossible the price will be back as last 2 months ago.
everyday is getting higher and higher.
it ever took 100millions $.
i can't close my eyes to watch it.
gold is more valuable...but bitcoin brings money now... they are different in their properties, I don't think it's worth comparing them...gold has created a reputation for itself for many centuries, it is valuable as a stainless metal and a substance used in engineering, as a good conductor...and bitcoin is only just a civic asset in relation to gold
It depends on marketing and the generation i believed, soon youngster overtake the economy would have already some glimpse upon internet as well their so called 'internet investment' to profit, gold store is still viable but was not popular among the current generation as i believe investing in cryptocurrency is generally more attractive than trading gold papers or simply storing it. Mehh but just leave btc off from being treated like gold, it's sad to see everyone holding bitcoins while those accepting payments in bitcoins are getting dust except trading platforms, btc is meant to be use like currency not a type of long term investment like gold does.
Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
I personally think that holdings of gold is of more important and value than the holdings of bitcoins. This is because firstly gold is a precious metal and has a physical entity whereas bitcoin is a digital currency. Then gold is way more popular than bitcoin and has many more users as compared to bitcoin. Then gold is a stable form of currency so it’s value does not fluctuate often whereas bitcoin value fluctuate often. Then gold is centralised leading to increased stability whereas bitcoin is decentralised making it less stable. 
Holding gold you won't make that much profit in a long term. With bitcoin you have a high changes that will just go to 1500 dollar the next year. I think you should just hold bitcoin for now and not gold That is why a lot of people is going for bitcoin than gold. The problem mining bitcoins cost money also gold, but with gold you can get lucky in one day you can get maybe 1000 grams of gold or something.
Well for me I would rather choose bitcoin also than gold, as said gold is for one time but in bitcoin you can hold it for a long time and maybe this will grow in the future without any hasle. Gold is good but to hastle were us in bitsoin no hasle you judt wait for the time comes. Just stay calm and have enjoy. So that you won't be pressure of anything.
I think it is more efficient to just hold bitcoin because of the faster growth of bitcoin on its price and with bitcoin it will give a lot of profit to the holders of it in a shorter period of time because of the volatility while gold takes a lot of time and a year ago, it only gives 11% while bitcoin gives hundreds of percentage in return.
Definitely! If you have the means to, hold both gold and Bitcoin. This is the limitation of this business. If you have no means to, you are not totally free as to your investments. If you only have little amount to shell out, you cannot expect big returns because you will only get a fair share of how much you have initially invested. But if you are patient enough all throughout the process, you will learn later own how much your money grew.
I thought that gold could not be earned, I remembered gold dollars 36 dollars a month ago. At the moment the gram of gold is at the level of $ 42(kg/1000). Very stable growth gives confidence.
I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
Both of them are profitable so if we have a chance to invest on both then we will surely do it.Gold is completely profitable with little risk but bitcoin is too risky therefore you need to ensure you will be able to manage the risk to have a better success rate.
Definitely! If you have the means to, hold both gold and Bitcoin. This is the limitation of this business. If you have no means to, you are not totally free as to your investments. If you only have little amount to shell out, you cannot expect big returns because you will only get a fair share of how much you have initially invested. But if you are patient enough all throughout the process, you will learn later own how much your money grew.
in my opinion, it would be better if you hold both bitcoin and gold because they are both an asset to you only that bitcoin if much efficient and better since it provide less work to be able to invest to it while when investing in gold, silver, and other more requires a lot of work such as papers, legality, and other requirement that mostly you will need to hire someone such as a broker for you to deduct work time of yours means that it will require more money.
I would love to hold both if possible for me, as I view both of them a great investment products and give me best returns on my investments in future.
Does anyone have any idea how many people are using gold as a store of value vs btc? And how long do you think until we have the same user Base as holders of gold?
You know tgey are the same risky bitcoin is for longterm and gold also is for longterm. The gold is important too to those holders of this just like bitcoin. Maybe today over 100% of people entire the world only 30% of people storing btc because it is not yet exposed. holding gold won't give you a lot profit essentially gold is an investment that allows you to save your money remains safe (maintain) if you would like hold btc you ought to be ready to risk because bitcoin movement is affected by demand and supply can provide an income and losses
Your argument is totally meaningless. How about bitcoin holders who held their bitcoin between March 2017 and November 2017? Bitcoin was $875 on march 2017, then it almost made 9 times return. They got crazy profits from holding their bitcoins.
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