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Topic: The Real Reason to Hold Gold And Bitcoin - page 12. (Read 674532 times)

jr. member
Activity: 308
Merit: 1
The real reason to hold gold and bitcoin is for future usage and emergency response to financial crises coming, If you are in good health and you are niw old ,you can give or inherit your asset your gold and bitcoin to your heir ,your children, or bad situation you suffer some sickness in the future , you have the asset to pay your hospital bills, or you will enjoy your hold gold and bitcoin for travel and luxury.

I agree with you, the real reason why we should hold gold and bitcoin is for future usage because its value will getting high which really can help in financial aspects most especially in emergency usage. It is very good move to hold it for a long time because it can double your money or investment, we all know that the value itself is changeable so better be patient and wait for the right time.
member
Activity: 322
Merit: 11
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The real reason to hold gold and bitcoin is for future usage and emergency response to financial crises coming, If you are in good health and you are niw old ,you can give or inherit your asset your gold and bitcoin to your heir ,your children, or bad situation you suffer some sickness in the future , you have the asset to pay your hospital bills, or you will enjoy your hold gold and bitcoin for travel and luxury.
legendary
Activity: 3766
Merit: 1217
Gold has been the choice of millions over centuries.No other commodity could attract their attention.But for the first time in history,many gold investors have decided to invest in bitcoins.The main reason is that it has given very huge returns to its customers unlike gold which has given low returns compared to bitcoin.Also they feel comfortable in investing in bitcoins as they think that their investment is secure since they only have its private keys and no other could have access to it.

For now, there exist no evidence to prove that gold holders are dumping their bars and coins in favor of Bitcoin or any other crypto. On the other hand, the gold prices are witnessing a slow increase right now.
full member
Activity: 281
Merit: 100
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

You are right that this Alliance can only exist together. I remember when the dotcom crisis was in America in 2008. Banks collapsed everything, absolutely everything, Just the right banks maintained, with the support of a government that just printed more wrappers. They have their own coalition, which manages money and power. As far as I know today, CHINA and Russia buy all the gold that is mined in all countries. Why do you think that is??? The correct answer is obvious.  Change is coming
full member
Activity: 322
Merit: 100
Gold has been the choice of millions over centuries.No other commodity could attract their attention.But for the first time in history,many gold investors have decided to invest in bitcoins.The main reason is that it has given very huge returns to its customers unlike gold which has given low returns compared to bitcoin.Also they feel comfortable in investing in bitcoins as they think that their investment is secure since they only have its private keys and no other could have access to it.
member
Activity: 322
Merit: 10
I think the genuine motivation to hold gold is on account of gold is conventional venture that all individuals know and they keep their gold in the wellbeing box. also, the genuine motivation to hold bitcoin is on account of bitcoin is another interest in this century and still being developed until the point when all individuals think about bitcoin and keep bitcoin excessively like gold. both have a decent opportunity to be a venture for us particularly bitcoin, before long individuals should make bitcoin like gold and significantly more costly than gold.
jr. member
Activity: 90
Merit: 1
Real reason is simple look at the last decade and the profit btc has provided. What else one want.
sr. member
Activity: 668
Merit: 255
I think, that keep your money in gold and in BTC is a good decision and here why: gold will provide a stable income, can't say that it can be easily traded, but it's still possible. Bitcoin is gold of this century, this is not really stable "assets", but in long-term, they will provide a good profit for holders and investors.
hero member
Activity: 1526
Merit: 501
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The reason I invest in both gold and bitcoin is therefore a very useful asset for the future. So I invested in both for future profit. I believe that bitcoin or gold will rise in the future. So I invested in gold and bitcoin. That's the strong reason I invest there.
Profit is always the main reason for investment, bitcoin and gold are always the bright names in the list of investors but all just in the past, currently I think both are not so beneficial in the future because the government has always controlled gold for many years, gold is no longer volatile, it can not bring profit that investors desire. With bitcoin, we can see the health of the bitcoin is decreasing over time, perhaps its youth is nearing its end, the value was significantly reduced compared to last year, no longer see the future with so many colors from it
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
Because when you holding the gold in a long time the value of this is become higher and higher a years pass the value of gold is increasing. Holding bitcoin is a like a holding a gold but not exactly thesame because gold after a years pass the price become higher the bitcoin also become higher but price of it is not stable. But they have a  chance to earn a lot through holding bitcoin and gold.

Holding gold has long history. Because gold were created in the past. It's from me from go to you can get standard profit, but if look about a bitcoin you can get better profit.

yes and there's a lot of documents needed to be passed before you can have gold while bitcoins can be obtained so easily and you can always trade in the market in order to multiply your earnings.
full member
Activity: 344
Merit: 100
The reason I invest in both gold and bitcoin is therefore a very useful asset for the future. So I invested in both for future profit. I believe that bitcoin or gold will rise in the future. So I invested in gold and bitcoin. That's the strong reason I invest there.
newbie
Activity: 51
Merit: 0
This is the real reason why we need to hold the gold and bitcoin if i have a gold i will hold it until the price rich billion and billion's the more you hold longer the the price still go up i saw in the news if you have a old fragments the price right now is expensive.
full member
Activity: 271
Merit: 100
It is good to hold on both gold and bitcoin. First thing to hold gold is because its value is not going down, every year the value of gold is getting higher. And in bitcoin it is also good to hold it by now because for me bitcoin is a longterm investment, you can gain more profit after 5 to 10years.
newbie
Activity: 116
Merit: 0
Simply holding gold and bitcoin to earn savings but you must take the risk of holding them as far as your lucky day when you have the opportunity that the rise of its value will suit your need to withdraw.
newbie
Activity: 98
Merit: 0
The reason why you should hold on to gold and crypotcurrency is that; you can never be sued by the law if you hide them both. Hoarding or keeping it hidden from public is a huge crime in the world, especially when you talk about the physical money that we use everyday. Unlike in the physical money, hoarding of gold and bitcoin is completely legal. There is no law bounded for it. It will not also affect your country's economy, but it will help you and your country.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
Because when you holding the gold in a long time the value of this is become higher and higher a years pass the value of gold is increasing. Holding bitcoin is a like a holding a gold but not exactly thesame because gold after a years pass the price become higher the bitcoin also become higher but price of it is not stable. But they have a  chance to earn a lot through holding bitcoin and gold.

Holding gold has long history. Because gold were created in the past. It's from me from go to you can get standard profit, but if look about a bitcoin you can get better profit.

In my own opinion, i highly prefer to use cryptocurrency or hold bitcoins more than investing on gold because you can always get profit from bitcoins if there's a spike which price increases in a short amount of time while gold needs a lot of documents to be legalized.
full member
Activity: 434
Merit: 100
The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

Motivation behind why we hold gold and bitcoin, in light of the fact that it gives us benefit, and the esteem is expanding. Both are great in venture that best for a long haul. Simply proceed with hold this both, on the grounds that sometime we have a decent future due to the benefit is great. Be that as it may, bitcoin is as yet the most productive even in short or long haul, and it has helpful or numerous utilizations ,contrast with gold.
full member
Activity: 406
Merit: 100
I think both are good investments. Both have huge whales, but so does everything else to be honest. At least with bitcoin whales have no control over total supply and it is fixed.

With gold... what if huge mines are found? or some asteroid once we have advanced technology? that makes me a bit worried for the long term.

I would also rather have people that just bought BTC cheaply because they liked the idea rather than some warlords that stacked tons of gold through centuries.
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I agree with this, it's real that both are good investments. I can't choose between the two because it is both a big type of investment and not a joke to make a decision right away. Maybe i can decide as time goes by and as i get more knowledge with investments like this.
sr. member
Activity: 504
Merit: 251
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The same could be said for anything held long-term. Gold is finite and will continue to hold a value for centuries but time will only tell with non physical crypto currencies.
full member
Activity: 392
Merit: 103
The real reason why we hold gold and bitcoin its because gold will be more expensive in the upcoming year also in bitcoin he will reach 20k $ soon. Thats why many people holding on him
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