I hold x5 gold (usd equivalent) for every bitcoin i have. So, my rate is 1/5 (btc/gold).
Gold has a %10 of guaranteed average profit against USD for every year since 2000's. *source: goldprice.org
On the other hand, bitcoin made a very good jump in 2013 and it came back to 1/5 of its top value last year and started to recover from there again since then. (gold did a similar jump (to 1900$) and died exactly like bitcoin (to 1000-1200$) and started to recover after that, interesting.)
Since i don't know if bitcoin will give me that %10 guaranteed profits which gold can give me, that's why i hold more gold. Gold has a strong history of thousands of years. You just can't throw a history like that into the trash can so easily.
Topic: Holdings of gold vs Holdings of btc - page 67. (Read 62794 times)
I think gold is more stable and trusted worldwide. It will probably always be worth something. The problem with bitcoin is that it relies on technology and is new and may not succeed, so there are probably much fewer people that use it as a store of value.
the holing of gold to bitcoins cant really be compared to each other when it comes to the physical items as no one can at home hold that much gold but can bitcoins but if it in relation to keeping it as a investment then at the moment gold is the best as it as not lost value that make keeping as an investment as a bad idea but bitcoin did and could drop again so if you got gold thn keep it one day bitcoin might overtake gold a it easy to store but not yet.
Only banks and other institution dealing with investments have the record of how many were into gold investments. Gold has been around since the early civilization. It was used as money and later on became more valuable than money thus became part of commodities that is into investment. Bitcoin is now gold. Many were into it right now. Unlike gold which needed a huge amount of money to buy some or invest some, bitcoin can be earned.
Gold is for long term investment and i think you will not get good profit in gold if you are just a small investors.. unlike in bitcoin that short term an long term has a good movement price but we are still experience of decreases.. and bitcoin is cheap than gold.. and we can get bitcoin to do task here in forum..
Those which hold gold has to follow several rules, and they have to pay taxes as i do know, one reasom to avoid for me, invest into bitcoin is free and all you need is patiente and wait and know the moment to sell your bitcoins with profit.
i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.
As long as it is better I consider it also as riskier because holding bitcoin is not always better than gold but the risk putting on it worth.
I consider also that holding gold is risky as you should hold it physically and put it on a secure place and comparing to bitcoin which we need only to save a private key or a wallet.dat file even in cloud(s) which is much lighter than physical gold.
In my opinion, holding of golds and holding of btc are both
okay. As long you know how to manage your investments.
But both has really different value and benefits.
okay. As long you know how to manage your investments.
But both has really different value and benefits.
I would personally hold bitcoins instead of gold. Bitcoin is relatively new and a lot of people still don't know about it. Which means that bitcoin has that potential that we are so far from. Rich people have invested in gold because it was the trend back then, meaning that the gold's current price is already the inflated price. Bitcoin, on the other hand, hasn't pumped that much at all. It surely will sky rocket once rich people invest in it.
That is right. The bitcoin is better than the gold. You can use the bitcoin to buy things but you cannot do that with gold.
I would personally hold bitcoins instead of gold. Bitcoin is relatively new and a lot of people still don't know about it. Which means that bitcoin has that potential that we are so far from. Rich people have invested in gold because it was the trend back then, meaning that the gold's current price is already the inflated price. Bitcoin, on the other hand, hasn't pumped that much at all. It surely will sky rocket once rich people invest in it.
long time
iam preferer hold gold
iam preferer hold gold
they are both good for short and long term. there is no difference in that, the only difference would be on how you are trading and what your plans and skills are.
there are people who are doing day trading in both markets and never hold any of these things neither gold nor bitcoin. and they only keep fiat. but also at the same time you can invest in gold or bitcoin for long term and have a good and also safe investment.
besides bitcoin has more potential for big rises (bigger profit) than gold.
long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-termiam preferer hold gold
Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.
And gold and Bitcoin good for investment. You are right, gold - long-term investment. I also use it for this purpose. Bitcoin is very unique and we must be able to invest in it.
long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-termiam preferer hold gold
Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.
And gold and Bitcoin good for investment. You are right, gold - long-term investment. I also use it for this purpose. Bitcoin is very unique and we must be able to invest in it.
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?
in my opinion the people holding gold more than btc for Profit because many people don't know about the bitcoin so they are not looking toward the bitcoin purchase and hold for the long time .allover it is better to keep the bitcoin hold than gold .
because the price of bitcoin is increasing sharply than in gold .
long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-termiam preferer hold gold
Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.
long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-term iam preferer hold gold
bitcoin and gold, is something very nice for detained in a very long time. however, gold might be better if the hold in a very long time, because we do not know what will happen in the future bitcoin. however, for those who believe in the potential bitcoin, bitcoin then it may be better for them. I use both, so I'll hold both
the best longterm hold is gold
because is savety and liquid to exchange fiat money
bitcoin is very good in day trading not good is long time hold
because is savety and liquid to exchange fiat money
bitcoin is very good in day trading not good is long time hold
i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.
It all depends on what type of person you are, and your targets. Example; If you just look to store money outside the reach of banks, without the need for a decent return, then Gold is the perfect option for that. Keep in mind that a lot people in Gold aren't really looking for crazy returns as is the case with Bitcoin. They are happy with Gold being stable in the way that it doesn't show heavy fluctuations, with as result that after a year or two the value remains largely the same, or a tiny bit higher.
i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.
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