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Topic: Holdings of gold vs Holdings of btc - page 22. (Read 62794 times)

sr. member
Activity: 588
Merit: 257
November 01, 2017, 08:48:40 PM
Man is fond of gold from more than 1000 years.
Indians have $1 trillion worth of gold! 'India has about 22,000 tonnes of private gold, held by individuals and temples.'
Holding of gold is a subject of status for many..
Many countries still use Gold Standard Monatory systems.
They regulate supply of their paper currencies against holding of gold.
In ayurvedic treatments gold is used in medicines.
Gold is also used in industries or in musical instruments. In short Gold is the most liquid asset, widely used in whole world and can get enchased in any part of the world quiet easily.
Gold lasts forever.
Bitcoin is the latest and most successful, decentralised and cryptocurrency.
Its price is touching new hights day by day; still it’s unknown to many parts of world.
Many countries have restricted its use in their economies.
Holding or investing in bitcoin can give you quiet good returns in future.
As an investor i will always invest in both Gold as well as in bitcoins.
member
Activity: 98
Merit: 10
November 01, 2017, 10:48:08 AM
my friend told me that about bitcoin
they say "you will more easily profit in the near future" by bitcoin.Gold is a physical item that will retain its value for thousands of years and will be appreciated for its value every second of that time. Bitcoin is still highly volatile, but should still be a solid investment.
member
Activity: 210
Merit: 11
November 01, 2017, 10:29:01 AM
for me gold still I'm not judging by my btc just my gold because it's more time that it's worth the price it does not crash down btc because we have to wait long or wait its price is so frivolous to lose gold because gold has long been known since no btc has gold in the world so for me it's better to hold gold.
newbie
Activity: 56
Merit: 0
November 01, 2017, 08:53:34 AM
Gold is one of the most liquid assets and is a symbol of financial well-being.  Bitcoins cryptocurrency, which until recently, did not enjoy wide demand only because of people's distrust of electronic money.  But in practice, cryptocurrency has many advantages.  At the moment, if you want quickly make money, then of course you need invest in bitcoins, but you can lose everything if bitcoin rate will fall.  If you want make profit slowly but surely it is certainly best to invest in gold.
sr. member
Activity: 714
Merit: 250
October 31, 2017, 07:44:52 PM
almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
sr. member
Activity: 854
Merit: 257
October 31, 2017, 07:24:20 PM
No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.

Actually both sure have risk to take no matter what investment you do there is always some risk to take, if there is no risk then it wont be called as investment. I believe gold and bitcoin can't never be seperated, people will always do both of them since both investment is sure profitable but I think bitcoin has much volatile so of course it has higher risk than bitcoin and it is much more profitable than gold too. So I will choose both to be my investment rather than choose between them
But gold proves thousand years that it was a good investment even our ancestor horde gold because of its value are very rare and I think for the long term invest gold is still good and its value, but no wonder if bitcoin will last for a very long time like gold. But I still hope bitcoin will last longer as we expected it to be.
legendary
Activity: 1834
Merit: 1008
October 31, 2017, 06:26:23 PM
No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.

Actually both sure have risk to take no matter what investment you do there is always some risk to take, if there is no risk then it wont be called as investment. I believe gold and bitcoin can't never be seperated, people will always do both of them since both investment is sure profitable but I think bitcoin has much volatile so of course it has higher risk than bitcoin and it is much more profitable than gold too. So I will choose both to be my investment rather than choose between them
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
October 31, 2017, 03:34:46 PM
almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
sr. member
Activity: 360
Merit: 250
October 31, 2017, 12:35:53 PM
In my opinion, both are profitables, despite I presonally prefer holding Bitcoin. But gold is very valuable too and can't lose its value , so you can't lose if you hold it even for several years, it is even safest than holding BTC.
But making money by holding gold is a bit harder because the gold's price is slow, while btc price keep going up fastly.
full member
Activity: 395
Merit: 100
October 31, 2017, 12:29:55 PM
If you hold bitcoins it might get you good profits in the long run like if you get to see the historical data of bitcoin since its inception you will come to know the price of bitcoins has shown a tremendous leap in the crypto market which is clear from the observation as more entrants are entering the bitcoin community every other day  the demand for bitcoins increases and there is good potential for the bitcoins to surpass $10000 in the near future, so if u hold your bitcoins you will be able to earn profits whereas when you hold gold there will not any profit but the value of gold will remain the same as there is pressure in the metal market due to the rise of bitcoins and other cryptocurrencies.
sr. member
Activity: 574
Merit: 256
October 31, 2017, 11:57:43 AM
No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.
full member
Activity: 378
Merit: 100
October 31, 2017, 11:06:46 AM
I think holding bitcoin and holding gold are equally profitable, because both are valuable things and their value is always up, but bitcoin is better than gold, because bitcoin increases in price faster than gold
full member
Activity: 350
Merit: 100
October 31, 2017, 10:58:01 AM
I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
according to my experience holding bitcoin is so better than holding gold because the rate of bitcoin is increasing very quickly and also the rate of bitcoin is very high as compare to gold so whenever their is small change in bitcoin then you can earn more profit as compare to gold.
sr. member
Activity: 560
Merit: 286
October 31, 2017, 09:48:33 AM
Nowadays it's clearly looks like more people are more focused on bitcoin than gold, because it advantages and its profits are more and more felt by many people in this world. The value that tends to keep increasing from time to time, of course this would be more attractive to many people to invest in bitcoin (holding bitcoin).
That is only one thing for which bitcoin is getting so much fame and praise. When someone is deciding between bitcoin and gold in recent times, they only go for bitcoin. Because it has more profit percentage than any other resourceful thing on this planet with so much ease and short time. So gold is better but bitcoin is best. There is more trending toward bitcoin than gold.
full member
Activity: 290
Merit: 100
October 31, 2017, 09:46:58 AM
I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
For me,  it depends on how you hold these stuffs. For example, you'd like to hold something for a very long time like 10 -15 years for your son to have something in case you need money since surely gold price won't go down and will never bw worthless unlike bitcoin which has even accepted by some countries. Bitcoin is a good investment but not in a long run since you won't know if it will really be a thing in the future but if it goes well and hold it's value for a very long time then it would be a good thing.
Anyway holding both of would be a better thing to do so that in case one of them lose value then you can use the other in case you need money urgently.
full member
Activity: 504
Merit: 107
👨‍👩‍👧‍&#
October 31, 2017, 09:32:29 AM
I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
full member
Activity: 241
Merit: 100
October 31, 2017, 09:29:57 AM
gold has a very high stability for exchange rates have survived for thousands of years and may even remain that way after hundreds of years. indeed the current exchange rate of btc is very high but we can not guess the position of btc tens of years ahead because of its very volatile
full member
Activity: 266
Merit: 100
October 31, 2017, 08:22:33 AM
Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
I agree, Bitcoin could be banned by the government at any time,
while gold will continue to prevail,
but before Bitcoin is banned our government should have got the preparation from now on ..
hero member
Activity: 2996
Merit: 609
October 31, 2017, 07:52:47 AM
Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
If we make a comparison in between holding of bitcoin and that of holding of gold, then we’ll observe this thing that holding of bitcoin is far more profitable and beneficial than that of holding of any other thing. Holding of gold is also a good thing but it cannot help you in making any fruitful profit. If you actually want to multiply the amount of money which you have, then you have to go for bitcoin.
When it comes on stability of prices then gold will be somehow have the edge because it doesnt move too big on ranges unlike on bitcoin which the profitability would really be small compared into bitcoin but yet this is far more stronger investment than on bitcoin since it does have a reserve which we can really presume that it wont crash easily.
member
Activity: 89
Merit: 10
October 31, 2017, 07:40:03 AM
according to my opinion holding bitcoin is more and more profitable than holding gold. in previous era people will hold gold for a time and whenever they judge that now gold price is increase then they sale and earned profit in this way but as compare to gold rate of bitcoin is very high and the price is varying and mostly price is increasing so if you hold bitcoin then you can earn enough profit in future by selling your bitcoin.
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