Topic: Holdings of gold vs Holdings of btc - page 82. (Read 62794 times)
Gold is a solid but barely profitable investment, The price of gold has been falling for a while now and I think allot of the investors don't prefer it like before.
it's better to hold bitcoin then trade it again for gold then trade it again for bitcoin when prices are going up or down you just trade gold to bitcoin and bitcoin to gold
Bitcoin is not here to fight gold. Bitcoin is here to compete with FIAT. Actually Bitcoin and gold are very similar as many view bitcoin as digital gold.
But for now bitcoin reserves vs. gold reserves are like 0.01% to 100% which is understandable as gold is with us for thousands of years and bitcoin is not even 10 years old.
But for now bitcoin reserves vs. gold reserves are like 0.01% to 100% which is understandable as gold is with us for thousands of years and bitcoin is not even 10 years old.
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin
Both are not same because when gold's value goes down it doesn't go down with a huge margin and neither it increase with huge margin it's more stable when compared with Bitcoin but BTC can shoot up real quick and with huge margin just like how we doubled our value this year. But I appreciate your choice to withstand with BTC even I will do the same
Yeah btc is more volatile as compared to gold or forex and if you want to make quick profits by trading then btc is the right choice, as the volatility rate of bitcoins is too high and it can give you great profits, so I would choose btc over gold.
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin
Both are not same because when gold's value goes down it doesn't go down with a huge margin and neither it increase with huge margin it's more stable when compared with Bitcoin but BTC can shoot up real quick and with huge margin just like how we doubled our value this year. But I appreciate your choice to withstand with BTC even I will do the same
Holdings of gold are mostly for big investments and low profit needed and low risk investors and investments, BTC is a high risk and possibly high profit money investment.
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin
When you talk about buying gold, make sure you differentiate between physical gold and paper gold. Sales of paper gold are 300 times the volume of physical gold. This is why the price can drop when there is a shortage of supply, and an increase in demand for physical gold. Copper is an interesting alternative to gold, now that gold is so expensive. At one time copper was worth more than gold.
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 think gold will always have great value, as well as silver. I dont think it has to be one or the other. you can own and invest in both.
BTC value is inconsistent to an impressive degree, you can never predict how it will move and to what extent, Gold is currently unstable but on long term it's relatively stable, BTC is a fast investment and gold is a slower one IMO.
Holding golds is a bit risky because you should hold them physically somewhere.
And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
Bitcoin is even better than gold because its mathematically-constrained scarcity makes it deflationary by design, just like gold. New bitcoins are generated as people spend BTC and their transactions are added to the global chain, at the rate of 25 BTC for every new batch. gold is better than bitcoin means we have to 5000 years before.LOL;) And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
Yeah. It is always better to invest in multiple things instead of keeping all your eggs in one basket.
when the dollar strengthens. the price of the two will be equally as down, of course it will make you dizzy
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
both are the same to have fluctuations the difference is gold is more stable but I heard the price of gold will go decline, I would choose withstand bitcoin
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
Yeah. It is always better to invest in multiple things instead of keeping all your eggs in one basket.
Well, I think it's better to hold gold than bitcoin withstand, as we know the value of gold the longer will be growing because gold will always be in use every person, while bitcoin, prices always go up and sometimes down, the price statistics are not in the know
lol, what do you see? 5 years ago until now, gold prices continue to down, you can see on gold price http://goldprice.org/
you will see the price of gold continued to fall in the last 5 years
Holding golds is a bit risky because you should hold them physically somewhere.
And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
You can hire a safe in a commercial banks' trezor if you want to store phisical gold. The monthly fee is less than your internet service fee which is necessary for bitcoin. They even have some extra size safe if you have that kind of amount in gold. And requires a safe place, but bitcoin is something "virtual" and it does not require expensive equipment (hardware wallets)
If you store a kind of amount in bitcoin, the safe can be necessary as well (depends on the amount) in order to store your bitcoins in a paper wallet or hardware wallet if you want them to be at a safe place. Basically the monthly fees are similar, it's all about the risks that decides
That's the same thing I guess. But gold price is more more stable than BTC. But in the next year BTC will have a price that gold will not have. So, for BTC I guess that is better to hold, for gold if you sell it or not, it is the same thing.
Well, I think it's better to hold gold than bitcoin withstand, as we know the value of gold the longer will be growing because gold will always be in use every person, while bitcoin, prices always go up and sometimes down, the price statistics are not in the know
A little bit of both, just in case one chrashes. At current time, bitoin price fluctuates more, but gold can also drop or rise very hard in a short period.
BTC has way more volatility, it can't be compared to gold
do you think gold, don't have a price?they have a price, the price is different each time, of course we can compare it
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