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Topic: Holdings of gold vs Holdings of btc - page 75. (Read 62760 times)

hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
April 29, 2016, 08:45:27 AM
Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time

I dont think you read about more info on bitcoin in wiki bro as you can see there the bitcoin price go raise in the year 2013 it goes to @1000$ per btc but drop to 100$  and even lower and for now it regain its price aGAin i dont think it is good idea to compare it to gold because i must prefer gold than bitcoin  and gold ia better because it ia precious item use by many jewelers and other businessman in real world gold is more stable than bitcoin id rather choose gold and i dont want to risk my money in bitcoin for long time..
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 29, 2016, 08:40:01 AM
Better to hold btc than gold. Since there are lots of btc exchange sites out there you can easily exchange them if you are going to hold btc rather than holding gold you need to invest hard time to it and look for buyers for long time
legendary
Activity: 1554
Merit: 1054
April 29, 2016, 03:59:49 AM
I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin
It is a nice suggestion, bitcoin with a million of dollars will be very easily stored in a wallet on your PC or even with your mobile phone while for gold you will have to provide a large place and some good security in order to secure them from thieves etc.
hero member
Activity: 560
Merit: 500
April 28, 2016, 05:09:48 PM
With gold you need to expose your details with bitcoin yoi dont need,you can trade bitcoin with 1 dollar and make good return with gold you need time.
sr. member
Activity: 336
Merit: 250
April 28, 2016, 03:04:32 PM
I honestly think holding bitcoin is better because you can make more profit with it if you do it on a right way.
I do not like to wait as a example for profit so that is also why bitcoin is better for me than gold.
sr. member
Activity: 420
Merit: 250
April 28, 2016, 01:53:58 PM
Holding gold is definitely a way to hold onto a large amount of value, although you have to realize it will take up a large space and can be "stolen" if someone was to ever gain access to it physically. Assuming you have a safe, that is much harder.

Holding Bitcoin is more like holding an appreciating asset that is quite volatile, it will never really be good for storing a large amount of money in, but chances are it will make you some money in the long run.
You are talking about the bitcoin profitable with a long run, are you kidding me, the bitcoin is very profitable on short run because its not stable, with gold this is just the opposite and you have gold mostly for a long run.
Overall I think the bitcoin is pretty okay to have and gold too but if you do not have patience, just pick the bitcoin.
hero member
Activity: 490
Merit: 520
April 28, 2016, 01:24:20 PM
Holding gold is definitely a way to hold onto a large amount of value, although you have to realize it will take up a large space and can be "stolen" if someone was to ever gain access to it physically. Assuming you have a safe, that is much harder.

Holding Bitcoin is more like holding an appreciating asset that is quite volatile, it will never really be good for storing a large amount of money in, but chances are it will make you some money in the long run.
legendary
Activity: 2310
Merit: 1422
April 28, 2016, 01:11:39 PM
As soon as mainstream media started to advertise btc as one of the most overperforming investments of the year we saw a huge dump. Coincidence?
Don't know but hold onto your coins ; and your gold if you have some.

You mean a huge dump in gold? I do think its pure coincidence as people that invest in gold do it because it's somewhat of a safe haven for them while everything else goes down in value. Getting gold investors to pump money in Bitcoin is very difficult. They are too traditional for that.

yes, you are right about when you say that gold investors are too "old" in away to get to know the btc potential. In any case I was referring to the last btc drop after so many different articles regardin the price increase in the media.
legendary
Activity: 1232
Merit: 1029
April 28, 2016, 12:48:24 PM
I think that to hold gold is certainly more difficult than hold bitcoin. Imagine if you invest a lot of money in gold. surely you'll buy a lot of gold bars. gold weighing mind how to save it?
and of course in the form of physical goods will be easy to steal I prefer to hold bitcoin
You are also right holding gld is much harder and difficult, it will require some space to store them in your home , and people will aware with it that how much you have gold and so there is a chance of stealing of it.
sr. member
Activity: 350
Merit: 250
April 28, 2016, 11:57:32 AM
As soon as mainstream media started to advertise btc as one of the most overperforming investments of the year we saw a huge dump. Coincidence?
Don't know but hold onto your coins ; and your gold if you have some.

You mean a huge dump in gold? I do think its pure coincidence as people that invest in gold do it because it's somewhat of a safe haven for them while everything else goes down in value. Getting gold investors to pump money in Bitcoin is very difficult. They are too traditional for that.
It would be better if you are going to hold Bitcoin because as you can see now you see already that the price is rising slowly so that is quite nice and it is also rising.
So that would be perfect for the people who already has made an investment in the currency they have to wait now.
legendary
Activity: 1008
Merit: 1060
April 28, 2016, 12:35:36 AM
You should hold both BTC and gold. 1/4 of your money goes to gold and 3/4 goes to BTC. In months, the bitcoin's price will shoot up. So you have a good plan already when to sell your BTC. If gold's price goes up, too in the future, then you can sell it as well. Even if gold's price goes down, you wouldn't lose a lot of money 'coz you already earned a lot from trading BTC. Smiley
legendary
Activity: 1232
Merit: 1091
April 27, 2016, 04:59:22 PM
As soon as mainstream media started to advertise btc as one of the most overperforming investments of the year we saw a huge dump. Coincidence?
Don't know but hold onto your coins ; and your gold if you have some.

You mean a huge dump in gold? I do think its pure coincidence as people that invest in gold do it because it's somewhat of a safe haven for them while everything else goes down in value. Getting gold investors to pump money in Bitcoin is very difficult. They are too traditional for that.
hero member
Activity: 490
Merit: 500
April 27, 2016, 04:54:49 PM
i didn't ever store gold for investment although gold already exist long time before bitcoin but currently i think holding bitcoins will more profitable than gold because i don't understand for predict gold prices movement so it's too risky for my to investing gold


Investing in gold can give you benefits in long run, and I don't think that its risky to invest in it, but investing in bitcoin at present is the smart decision.

Gold is a perfect match with bitcoin. Both should be in any investors' portfolio. Gold for a  more secure investment while bitcoin is the ideal
risk investment.
perfect if the two can co-exist and mutually beneficial yeah they let prices rise simultaneously and if slaah the price drops
perhaps others will be close to the price increase of one other investment
perhaps it would be better also if you have a lot of investment

legendary
Activity: 2310
Merit: 1422
April 27, 2016, 04:41:42 PM
As soon as mainstream media started to advertise btc as one of the most overperforming investments of the year we saw a huge dump. Coincidence?
Don't know but hold onto your coins ; and your gold if you have some.
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
April 26, 2016, 10:08:37 PM
Holding btc is the best because you can hide it. You can secure it in website .. But the gols need more space and need security system to secure you gold.
sr. member
Activity: 308
Merit: 250
The mind is everything. What you think you become.
April 26, 2016, 08:46:20 PM
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?
i dont have idea to comparing how many people holding bitcoin and holding gold,its almost impossible to get stats of them.
maybe we need more than 5 years to have same user between bitcoin holders and gold holders.
hero member
Activity: 658
Merit: 500
April 26, 2016, 04:42:27 PM
I think it's sambe but with gold you have low chanse to lose your money after all, bitcoin in this case a bit risky , need to understand that gold is stable one but with bitcoin you can get profit faster.
but with gold you cannot get great profit like in bitcoin. I think bitcoin and gold have their advantages and disadvantages of each
you can choose according to your criteria ? I myself love with something that instant profit of course I would choose bitcoin Cheesy
hero member
Activity: 2072
Merit: 503
April 26, 2016, 12:21:16 PM
Holding Bitcoin is now better because that will be sin if you are spending your Bitcoins now because the value is not even that high now and that is the problem.
So it would be better if you are waiting a longer time and that you are going to sell your Bitcoin later in the future so you can have also more profit.
yaps, bitcoin is currently very well to hold. I think even better than gold. bitcoin can be profitable if on hold, perhaps in a few months we can already see the benefits generated by the bitcoin
sr. member
Activity: 326
Merit: 250
April 26, 2016, 09:50:16 AM
Holding Bitcoin is now better because that will be sin if you are spending your Bitcoins now because the value is not even that high now and that is the problem.
So it would be better if you are waiting a longer time and that you are going to sell your Bitcoin later in the future so you can have also more profit.
hero member
Activity: 1148
Merit: 527
April 26, 2016, 07:03:56 AM
i didn't ever store gold for investment although gold already exist long time before bitcoin but currently i think holding bitcoins will more profitable than gold because i don't understand for predict gold prices movement so it's too risky for my to investing gold


Investing in gold can give you benefits in long run, and I don't think that its risky to invest in it, but investing in bitcoin at present is the smart decision.

Gold is a perfect match with bitcoin. Both should be in any investors' portfolio. Gold for a  more secure investment while bitcoin is the ideal
risk investment.

Well yes i have both in my portfolio and are happy with both of their performance. It was a long term investment but right now i have already made a decent profit.
In time this will grow.

Gold always promises to give good profits to its users, only thing is that you need to wait for a long period to enjoy it, and I think its worth to wait for.

It depends on what kind of trader you are. If you like to have a moderate type of investment with relatively lower risks, then Gold can be a decent investment for you. But don't expect very high returns on Gold, even not if you hold it for a year or two.
Agree with you gold is good investment with low risks but gold price is slow when want goes up but when price want goes broke just need a day or less than week, i think bitcoin is good investment to trade because bitcoin price fluctuate.
Agree with you, for me the investment in gold is just to save my money while the investment in bicoin is a real investment for me to earn some good money, as with gold we will have to wait for years to earn only a profit which will be able to spend only at my one day expenditure.
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