Topic: Holdings of gold vs Holdings of btc - page 73. (Read 62794 times)

might or perhaps, but for this year I dare say that holding bitcoin will be far more lucrative than you hold gold even if you hold bitcoin in small quantities.

Work with what you already know and your own experience combined.

In my lifetime the only way someone can be so sure of their existing money is somethings already known globally which is -gold at this moment. But bitcoin shouldnt be ignored and consider being gold as well.

I think holding of gold for future can also be profitable if you have patience to hold it really long, we should invest in both of them to get dual benefits.

When is halving, just days now?
https://www.google.co.uk/search?q=When+is+halving&rlz=1C1CHBF_enGB692GB692&oq=When+is+halving&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8

Says over 40 days, I would be thinking about selling some maybe a majority before halving as its too well a signaled positive flag for bitcoin.   Markets dont work this way, it requires buyers after the half and if too many are speculators in the price it becomes an easy negative as these are weak holders longer term.   That longer perspective could have bitcoin negative till year end, I dont know if but its possible

Yes and price is going up now and we can expect same thing in coming days till we reach to halving, so hold your coins if you are looking for huge rewards.

for now may be more promising if you hold bitcoin you have, well, you can do many things with bitcoin, but you if you hold gold, your profits are definitely a little

Yeah its always the best to choose bitcoin right now because day by day the price of bitcoin is increase and i think we will see more price increase these following month..

At a moment holding bitcoin is the best option and the fact is halving is in next month which will allow us to make very high profits.

I prefer holdings of bitcoins, because the price is really increase now and i'm sure it will keep increase until the halving come. So, holding of bitcoins is better than holding of gold

You can better know just hold your Bitcoin and that is because there will be also a higher chance that you can earn some more money later and that is perfect.
But of course it will be really hard to know what is going to happen with the value but it was already stable for a long time so the time of rising must be soon.

Just do not put eggs in one basket still holds good

Yeah its good to invest in bitcoin now and I really don't understand people who are choosing gold to invest what they are doing on this forum, we are talking about short term benefits and only bitcoin can offer us that and not gold.

It's sad that you are only speculating without really understanding that both precious metals and Bitcoin are perfect stores of value to protect against the dangers of debt money.

Gold has been around for thousands of years. The fact that its valuation is stable is a strength not a weakness. Holding gold is like an insurance against the inevitable inflation caused by governments and central banks. Bitcoin is very much like gold. However it's a brand new currency that is still at the beginning of a potential mass adoption. There are still a lot of uncertainties in regard to Bitcoin that are not present with precious metals.

So I'd say, the wise man holds both: Something physical with a proven history and something virtual with the potential to innovate.

ya.ya.yo!

yeah, for me gold is pretty boring too, at the moment i actually dont have any gold because i dont think that it is worth investing into it as it wont help you to make a lot of money

i actually hold some bitcoins right now, i hope that one day the bitcoin price will jump a lot in the near future thus allowing me to make a lot of money and become really rich

I love taking risks so I will go with bitcoin at this stage, gold is too stable for me, and I want to take maximum benefit of halving so bitcoin is my choice.

Security is the new and old sexy so in my eyes I`m with gold not bitcoin. Bitcoin is more of a testing what I can spare to lose.

I would be more happy to get a 1% return knowing I will get it then a price flux like you mention here. Again, prices can jump or go down which is something I rather not see but this is based on someones risk tolerance in general.

Gold rose 14% this year, its quite open to speculative profits for those who wish to try and earn that way.   many mining operations are basically relying on a steady gain in gold for the next decade and its likely they are right.   Ditto for bitcoin many business invest hoping for appreciation in that audience also.
Neither should take decades to accumulate, I think the dollar is closer to decline then that.  Its just a matter of sudden fall off a precipice or a gentle roll downhill

At this point of time of course bitcoin, I mean I don't see any better option then that, I don't want to wait for decades to earn profits from gold if I have better option than that.

I think the stat for gold is everyone on earth can hold 3 wedding rings worth of gold each between them.  Presuming nobody hordes it which of course they do so maybe just the one each but the point is though rare gold can actually be used and held by everyone if they want.
This has been true going back thousands of years and gold itself does not degrade hence it passed through famlies and cultures and even we find it buried in ground and once again Gold from a Viking King returns to modern day usage even if its just in a museum.    This kind of legacy makes gold a behemoth of world finance, its the ultimate reserve currency

So the deal with gold with almost impossible to beat.   This is like trying to edge Coke out of the fizzy pop industry, its not happening and you be lucky to even distribute a tenth of what the business they built up.  So bitcoin is nowhere near, if we get one tenth or even one hundredth of gold transactions and asset holdings by the world it would be gigantic news for Bitcoin.


People might then point out US treasuries are more highly valued, a bigger market then gold.  Its true but in 1980 the yield on US debt was 20% and inversely its worth was low, its not a stable market its just a trend that will pass most likely.    Dollar itself relied on gold, now its free wheeling till it comes to a stop as momentum is surely towards negative value for all holders with gov deficits continuing

Around this time it would be much better that you are holding some Bitcoin and that is because many people know that the value will be more worth so that is nice.
It can takes a long time until the value will be higher because it was also stable for a long time and that have to change soon.