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Topic: Holdings of gold vs Holdings of btc - page 59. (Read 62794 times)

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
January 20, 2017, 01:14:16 AM
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.
But what if someone finds a way to synthesize it? I've read about bacteria that can produce gold in very small quantities. Also, there may be large pockets of gold just waiting to be found and an emergence of such pocket due to an earthquake for instance might crash the prices. Gold may look like a solid investment, but you never know...
Nothing is certain in this world, gold may be the most valuable commodity fiat now but the future cannot be predicted and bitcoin has the potential to be very popular and will grow its value. Holding both would be great but if it's not possible, choose the one that you feel would be more valuable in the future. Since, we are positive about bitcoin's future, in that sense, I can always recommend bitcoin.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
January 19, 2017, 11:54:39 PM
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.
But what if someone finds a way to synthesize it? I've read about bacteria that can produce gold in very small quantities. Also, there may be large pockets of gold just waiting to be found and an emergence of such pocket due to an earthquake for instance might crash the prices. Gold may look like a solid investment, but you never know...
sr. member
Activity: 840
Merit: 254
January 19, 2017, 11:25:01 PM
Gold market is a lot older than bitcoin so there is no doubt there are more holders of gold than bitcoin, bitcoin is something that is used by those that are more technological inclined and we tend to be younger because you need to know about technology to understand bitcoin.
sr. member
Activity: 714
Merit: 250
January 19, 2017, 11:11:45 PM
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.
Yes gold will always have value. Bitcoin and gold, each of them have benefit. If I have a lot of money I will choose to holdings of gold but if I only have small amount of money to invest I will choose to holdings bitcoin because the price can be rise really fast.
newbie
Activity: 28
Merit: 0
January 19, 2017, 04:22:27 PM
Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.
legendary
Activity: 1176
Merit: 1001
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January 19, 2017, 04:17:01 PM
if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

Whether gold can not give huge profits? I think you are wrong, but if you want a quick profit only one investment that can give it that bitcoin.
legendary
Activity: 1442
Merit: 1008
January 19, 2017, 02:22:51 PM
if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.
Those people who panicked when the price went down from $1,100 to $800 are certainly new in the bitcoin community, they did not know that it's normal and bitcoin is strong, so we will be back shortly. Lack of knowledge and experience lead to panic so let us make the right research to make the right decision.
I think it's normal to have a panic attack , just the matter of how they react after it. A newcomer would sell all the coins that they have and walk away forever due disappointed. When the real bitcoiner would be back later or even keep holding for long time.
sr. member
Activity: 672
Merit: 250
January 19, 2017, 12:56:34 PM
There will be no significant differences between holding gold and btc.

The very simple and clear difference is if you hold gold you can be more satisfied as you wont need to be worried if the price will decrease or anything like that might happen while you may not earn too much profit in that.
But if you are holding bitcoins then you will be quite worried as it is volatile but at the end you can comparatively earn more profits than gold.
hero member
Activity: 1610
Merit: 507
January 19, 2017, 02:20:34 AM
Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.
I think its still good to choose bitcoin to invest for long term and short term investment gold for me it takes too much time to wait and only few interest you can gain profit with gold unlike in bitcoin that users are growing and more investors are come more merchant are accepting and more adoption will come in the future.. so long term and short term always making you a good profit..

i think the same as you, holding bitcoin is like have an investment for long term and i think for me its a good decision that i ever made so far because beside saving my money in bank, i have an investment like gold and i can sell it when the price is high. gold is more stable and only good for long term but we should safe our gold in deposit box in bank for the safest place.
hero member
Activity: 3052
Merit: 606
January 19, 2017, 12:50:09 AM
if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.
Those people who panicked when the price went down from $1,100 to $800 are certainly new in the bitcoin community, they did not know that it's normal and bitcoin is strong, so we will be back shortly. Lack of knowledge and experience lead to panic so let us make the right research to make the right decision.
full member
Activity: 238
Merit: 100
January 18, 2017, 11:35:39 PM
if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
January 17, 2017, 02:27:11 PM
In my opinion the future (and what we learned from the past) of  BTC in just amazing.

Some people said back in 2011 about that the BTC - Blockchain will do to the money system what the Internet made 20 years ago to mail etc...

We live this already and we have seen the potentials.. As i wrote to another post we have Trump here that seems to be very good news for this and we have ETF decision to be made March 11... and many many other news that i can write many and also forget many,..

Bitcoin is going to be al over you in the near future.

Now after very short introduction lets see Gold and Bitcoin. For my case let's say i have 50.000 euro to put and need decide how much and where i would put 48.000 in BTC and 2.000 in Gold. The gold price you can see and also the BTC price in charts.... Here we have a huge oportunity to get inside (ok not at a few dollars as the early adopters did) in cheap price and have huge profit. In Gold?? Can you say the same??? I think not...

I have of course the idea all or nothing.... so i would invest in BTC and keep minimum half of the BTC OUTSIDE EXCHANGE!!!!!!

With the idea of half to  buy - sell in every day basis and the other long term to see after 7 years etc...
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
January 17, 2017, 01:44:28 PM
Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.
I think its still good to choose bitcoin to invest for long term and short term investment gold for me it takes too much time to wait and only few interest you can gain profit with gold unlike in bitcoin that users are growing and more investors are come more merchant are accepting and more adoption will come in the future.. so long term and short term always making you a good profit..
legendary
Activity: 2912
Merit: 1068
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January 17, 2017, 01:36:31 PM
Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.
hero member
Activity: 994
Merit: 502
January 17, 2017, 01:17:09 PM
Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.
That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.

Yes, you are right, one must choose the type of investment that suits him. There is no doubt that gold is more reliable. But for many it is not important. So they buy Bitcoin. I also prefer to buy Bitcoin

As said one must be clear with his needs while making his investment. Also he should be affordable to it if its a long term investment. Gold and bitcoin vary much in terms of reliability for which few prefer gold and the rest prefer bitcoin as it gives very big profit with its varying price.
sr. member
Activity: 672
Merit: 250
January 17, 2017, 12:39:26 PM
Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

Of course you are right that bitcoin has more risk if you keep them because it can anytime drop its price and you can pick up a loss for that, but i still feel that someone should keep bitcoins if he is not keeping them for really long like 5 to 10 years because bitcoin will surely earn you profits in long run but gold cannot earn you that much.
sr. member
Activity: 1162
Merit: 258
1xbit.com
January 17, 2017, 01:50:35 AM
if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value
sr. member
Activity: 243
Merit: 250
January 16, 2017, 12:14:45 PM
Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.
That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.

Yes, you are right, one must choose the type of investment that suits him. There is no doubt that gold is more reliable. But for many it is not important. So they buy Bitcoin. I also prefer to buy Bitcoin
full member
Activity: 154
Merit: 100
January 16, 2017, 08:50:32 AM
For now I suggest that hold both, the price bitcoin there is a sign soon rebound to $ 1,000. If we are selling withprice now course can make we loss. For gold, the price still not beneficial, wait inauguration President Trump is the best solution.
hero member
Activity: 2954
Merit: 672
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January 16, 2017, 05:41:48 AM
Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.
That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.
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