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Topic: Holdings of gold vs Holdings of btc - page 44. (Read 62794 times)

sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
July 19, 2017, 11:39:00 AM
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
Exactly we shouldn't compare this two because they are too different from each other. It will also depend on the user if he is a bitcoin user or gold user. Because like me as a bitcoin user im going to hold more btc than gold because i have much knowledge about it.
sr. member
Activity: 700
Merit: 251
July 19, 2017, 11:25:07 AM
Their values are rising with time.
But what is the more important ? what should you keep ?
I think you need to have them both because Gold is the wealth in real life, but Btc is the wealth in the virtual.
The commun word here is wealth, that is why I advice to keep them both.
You are right keeping both is good idea because Gold is going for long term and Bitcoin is working for short term if you are active and can manage to keep eye on all things then this could be very fruitful for you to keep both
newbie
Activity: 25
Merit: 0
July 19, 2017, 05:44:14 AM
i think holdings of BTC are better because they are one of the fastest growing investment i have ever seen . investment of gold  is safe but groes with a slower rate comparitively .
full member
Activity: 210
Merit: 100
July 19, 2017, 04:24:20 AM
Their values are rising with time.
But what is the more important ? what should you keep ?
I think you need to have them both because Gold is the wealth in real life, but Btc is the wealth in the virtual.
The commun word here is wealth, that is why I advice to keep them both.
hero member
Activity: 1498
Merit: 537
July 18, 2017, 11:51:07 PM
Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".

Even bitcoin is digital gold mate and more valuable in real gold and in future you will see much higher price of bitcoins and gold will never be in position to take over that price of bitcoins so to earn higher profits we should invest our money in bitcoins.
sr. member
Activity: 322
Merit: 252
July 18, 2017, 10:42:40 PM
Well, in my opinion, Gold is Gold, Having more Golds means the higher the price of fiat money
Bitcoin is internet dependent, but holding it means investing it and waiting for the rise of the value of bitcoin.
Which is better? I think Gold is still better than Bitcoin when it comes to holding it and Gold is "physical".
member
Activity: 80
Merit: 10
July 18, 2017, 10:11:32 PM
In our contry most people will choose to holding of gold than bitcoin because they don't know anything about bitcoin but  we are know in bitcoin industry then for me i will holding of bitcoin than gold and it is because i can not buy gold right now and i need to earn more money to buy gold so its better to holding of bitcoin than nothing.
legendary
Activity: 1372
Merit: 1008
July 18, 2017, 10:04:30 PM
I think the best and most profitable thing today is bitcoin holding, it has been proven that only with bitcoin holding then be patient then we can get profit up to 100% a month.
Maybe at this time there will be many people who doubt by holding bitcoin. Many people panic than ever just hold their bitcoins. Then they sell it for fear of what will happen on the 1st of August. Maybe at this time there are many people who would prefer to hold gold
sr. member
Activity: 585
Merit: 251
July 18, 2017, 09:50:27 PM
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
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money.

Gold is more popular only because it exists since long time and that is the reason people have more faith in it and on the other hand bitcoin is still new to many people and it will take time for them to have same level of faith in it as they have in gold.
Gold has many use more than bitcoin though bitcoin will surpass gold 1 ounch price but still gold is gold,it is world best profitable and affordable jems(metal) comparing to other jewels.and also gold plays a major in a country economy calculation.
hero member
Activity: 1008
Merit: 501
July 18, 2017, 09:31:32 PM
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
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money.

Gold is more popular only because it exists since long time and that is the reason people have more faith in it and on the other hand bitcoin is still new to many people and it will take time for them to have same level of faith in it as they have in gold.
hero member
Activity: 1092
Merit: 501
July 18, 2017, 08:48:17 PM
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
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money.
There is not really a mystery why gold has a stronger foundation than bitcoin and that is because it has been around for a lot longer than bitcoin so it is common knowledge that when things go bad you need to have some gold in hand just in case, in fact it was not long a go that in the past many portfolios of investors had a portion of their wealth allocated to gold that way if the stock market crashed they knew they will still have their holdings in gold.
sr. member
Activity: 798
Merit: 255
July 15, 2017, 08:36:46 AM
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
Yes you're right but they have no difference when it comes in value. They have the same value as people knows about that. The thing is gold has already stronger foundation than bitcoin it seems that people are more gives attention in gold because from now not all people accept bitcoin as payment or money.
sr. member
Activity: 364
Merit: 250
July 15, 2017, 01:52:47 AM
Both gold and bitcoin have their share in investment.They are both valuable although gold has been in the industry for a very long time and its value will never die. While bitcoin has just began. I think both are good form of investment in their own ways. Bitcoin has proven itself as a potential form of investment and its value is unarguably good. If you'll ask me I might opt for more gold than bitcoin with a ratio of 60:40 because with gold you have a tangible asset. We can make jewelries out of gold and there's not a single person who doesn't now or wants to own a piece of gold. While bitcoin on the other hand have a limited audience. But of course the profit in bitcoin is definitely much higher than of gold. So I say invest in both gold and bitcoin.
full member
Activity: 471
Merit: 102
July 15, 2017, 12:42:20 AM
hodl btc in history prove more profit in long term than a pound of gold and other metals.
full member
Activity: 994
Merit: 101
July 14, 2017, 09:16:38 PM
For the moment I select holding bitcoin, this is because it's been proven that bitcoin more lucrative than gold or other investments (stocks, silver, coffee and so on).
hero member
Activity: 700
Merit: 500
July 14, 2017, 04:45:36 PM
I think holding of gold is better as gold is seen as an investment option for centuries and each and everyone trusts and backs gold which makes gold the most popular and safest investment a person can make. Gold will never loose its value so i think holdings of gold are better.
Yeah with the confidence of all people on earth make gold investment very safe as it will continue to be valuable all the time and it is evident from the golden age that has been thousands of years. And will continue to be good jewelry and profitable commodities

well humbly I would like to say that I am not agree with the point you raised that gold is now being worthy than bitcoin and people trust in gold for a specific profit I don’t think that bitcoin can be ever less worthy as compare to the bitcoin so people trust in bitcoin investment and want to spend their money is a safe a well organized currency like bitcoin. 
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
July 14, 2017, 01:37:12 PM
I think these are 2 good choices, gold and bitcoin are 2 profitable investments but there is a difference, gold is suitable for long term while bitcoin for singular length.

maybe you're right because gold has an intrinsic value and bitcoin hasn't however i suggest that you should not really limit bitcoin as it has huge potentials.

remember the overused phrase here that if you bought lot of bitcoins when its priced a cents, you'll be a millionaire now, even if the price is $ 100-300 you'll still be.

i really believe until now that its not too late to buy now. well in the end its up to you where you will go. although its much better if you go both ways lol
legendary
Activity: 2940
Merit: 1865
July 14, 2017, 01:18:27 PM
I think these are 2 good choices, gold and bitcoin are 2 profitable investments but there is a difference, gold is suitable for long term while bitcoin for singular length.


I see these arguments re BTC and gold so often I decided to crystallize my thinking into something seems short yet pretty general and reasonable:

1) If you are young and technically knowledgeable, go for large (relative) holdings of BTC and just a little gold.

2) If you are older, buy more gold than BTC.  Fewer years to make up for any losses...

3) If you are within "young vs. old", buy proportionately.

That should do it.  (I am older, so have much more in gold and platinum than BTC, but I still have "skin in the Bitcoin Game").
full member
Activity: 156
Merit: 100
July 14, 2017, 12:50:55 PM
I think these are 2 good choices, gold and bitcoin are 2 profitable investments but there is a difference, gold is suitable for long term while bitcoin for singular length.
hero member
Activity: 1008
Merit: 501
July 14, 2017, 10:16:35 AM
I think holding of gold is better as gold is seen as an investment option for centuries and each and everyone trusts and backs gold which makes gold the most popular and safest investment a person can make. Gold will never loose its value so i think holdings of gold are better.
Yeah with the confidence of all people on earth make gold investment very safe as it will continue to be valuable all the time and it is evident from the golden age that has been thousands of years. And will continue to be good jewelry and profitable commodities
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