Topic: The Real Reason to Hold Gold And Bitcoin - page 18. (Read 674545 times)
holding on to crypto currencies is a smart thing to do since no one actually dictates it's prices. since the decentralized nature of crypto currency it's alot smarter to hold on to them. then again with the case of gold, big wigs actually dictates its price so i don't want to invest on it. supply can always be mined and price may drop or rise indefinitly. then again, i don't know much about economy and i am welcome to be criticized.
yes, people will hold both if he has these two assets. gold and bitcoin are two great assets so if anyone has these two assets I think they are very lucky people in the field of investment.
now everything is getting clear, fiat vs btc + gold. and bitcoin are getting popular, even among the elite also hunt bitcoin. bitcoin prices broke all the views of financial experts a few years ago. today's bitcoin assets are very valuable. Many companies are trying to make rivals, competing to shift the popularity of bitcoin. many world governments are insulting bitcoin. but eventually they actually competed to have bitcoin assets.
Both have very good value and are very good to invest, gold and bitcoin have a very high price and certainly many people who want to have it for long-term and short-term storage because at any time the price can change up again.
and emsa is a precious metal and a very good asset of ancient times that never ends and its value is always high, and Bitcoin is digital money or crypto currency but the price is very high and both are very good to have.
and emsa is a precious metal and a very good asset of ancient times that never ends and its value is always high, and Bitcoin is digital money or crypto currency but the price is very high and both are very good to have.
I think gold is a very stable investment. Bitcoin, on the other hand, is highly volatile, and investments can help you make a lot of money.
As time goes on, the value of most fiat currencies will depreciate as well, and gold storage is good for long-term investment. Gold is always valuable.
As time goes on, the value of most fiat currencies will depreciate as well, and gold storage is good for long-term investment. Gold is always valuable.
Gold has been considered as a valuable asset for centuries, it will never loses its value; not even in the next 50 years i think. and bitcoin is the most popular cryptocurrency right now, even with it volatility in price, many people still believe it will bounce back again to 10k or even more. Thats why there are lot of peoples still hold their gold and btc
To multiply the money at its right time and become rich because of the right moves by chosing to invest in bitcoin and or gold. People who are smart and have extra money also, choses to invest more because if you are determined to gain more, take risk to invest more too.
People have their own mindset, so we can not say they are following the same strategy to hold gold and Bitcoin, since the way we think is also different, some are just simple-minded and some are with greedy thought some are just normal who go with the flow and some are really serious strategic mindset, but if you want to have something whatever happens then you need to hold a real gold, if you want to earn big but risky then hold Bitcoin.
I hold both simply bcz of profit and stabilizing the portfolio. BTC is higly profitable but also volatile which creates a lot of risk in my portfolio. So I invest 10% of the value in GOLD in order to bring in some stability (in case there are difficult conditions like the global recession or world war). Though I totally agree BTC is better store of value as compared to Gold. But at the current moment GOLD is more stabilized.
that's right as both of them can be a store of value whatever happens you have another option to use in such unexpected events. It is better to be prepared at all times whether you will need it or not. The real reason to hold bitcoin and gold is depends in every person's way of appreciating it. Others will choose bitcoins or gold only or how much they will balance the money to put out in the other side..
gold and bitcoin are valuable assets that are very profitable if we save in the long run. Many investors are hunting him. more bitcoin whose value tends to increase which can generate profit in a short time.
I hold both simply bcz of profit and stabilizing the portfolio. BTC is higly profitable but also volatile which creates a lot of risk in my portfolio. So I invest 10% of the value in GOLD in order to bring in some stability (in case there are difficult conditions like the global recession or world war). Though I totally agree BTC is better store of value as compared to Gold. But at the current moment GOLD is more stabilized.
Almost all media are always telling about bitcoin, but today more and more negative news about bitcoin is making bitcoin prices decline compared to the end of last year, and many users are looking for a safe way by moving bitcoins to different types of investments like gold, stock and so on.
Yes it is the strongest currency in the world for today .Every mouth of people talk on bitcoin as currency.Maybe this will replace before end of the world as a chips for more fast transactions.And people will allow this because of a high technology
I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.
It means either you have not being able to earn from bitcoin or else you do not believe in it. Because each year if you being holding it has given the best returns compared to any thing else. Gold does not even come in the picture of top returns.
Example you bought Bitcoin at $20,000 in the last year, currently, how many percents you lose in Bitcoin?
Therefore, it still depends on the base price you bought and start to hold Bitcoin.
Like other investment forms, you have to analyse exact time you can buy Bitcoin at cheap price and create plan to sell it at AVG price or high price you think is enough to take profit.
Of course, high profit can takes you have more risk, but that profit can be huge up to enough help you do not need to work in next 10 years or until you die
Primarily I believe people hold and invest with gold and bitcoin to procure and hopefully
secure assets and profits. We all know that prices of these commodities change over time,
most likely we believe them to increase in the number of years , yearning us somewhat of
an effortless profit. We have different opinions and views about this. But both are quite
different, Gold isn't that easy to attain compared to bitcoins. Some prefer gold over bitcoins,
others insist bitcoins are better than gold and there are some that simply have both. Now
the way I see it, bitcoins appeal mostly to the masses since they are quite more accessible
and affordable. But to me Gold is an equivocal standard in investment, growth is likely
better and stable. Bitcoin remains to be a variable investment since prices are volatile but
still considerably lucrative and worth the time.
secure assets and profits. We all know that prices of these commodities change over time,
most likely we believe them to increase in the number of years , yearning us somewhat of
an effortless profit. We have different opinions and views about this. But both are quite
different, Gold isn't that easy to attain compared to bitcoins. Some prefer gold over bitcoins,
others insist bitcoins are better than gold and there are some that simply have both. Now
the way I see it, bitcoins appeal mostly to the masses since they are quite more accessible
and affordable. But to me Gold is an equivocal standard in investment, growth is likely
better and stable. Bitcoin remains to be a variable investment since prices are volatile but
still considerably lucrative and worth the time.
I think the main reason why gold and Bitcoin is nice to have and hold it for gold you can hold it for a long time and this will serve as your investment and also Bitcoin it is a good investment and you can hold it until you want to sell when the price is right.
I think this is quite wrong for me.Bitcoin is no better and gold is best as store of value.Bitcoins price now is not stable,we all know that bitcoins enemy in the cryptocurrency world is rapid price changes,it may drop suddenly within a minute if one holder wants too.
It means either you have not being able to earn from bitcoin or else you do not believe in it. Because each year if you being holding it has given the best returns compared to any thing else. Gold does not even come in the picture of top returns.
both are good investments, but here are the differences. If bitcoin is an unreal investment, while gold is a real-time investment.
No this is not the case, investment is a reference to a yielding asset. An investment in a business produces a dividend or return because that business employs capital for a profit. Neither of these assets resemble an investment, gold is a lump of metal. It will sit on your desk for eternity in perfection but it willl never do anything for you, it cannot produce a return or yield. It is not an investment.
Bitcoin is circulated and exchanged but again its not employed within a business. The fees part of the Bitcoin economy is not return to holders of the tokens but the hashing network that solve each block to confirm transactions. They are employing capital in their hashing hardware and a return is occuring, bitcoin mining is an invesment.
Holding the BTC token is not an investment, at best its currency or a commodity like gold but there is never any yield returned to holders.
Dont hold gold or Bitcoin as an investment. Both can be held as speculation and for utility in 3rd party business perhaps. Gold can be deposited at a bank for example, the bank will employ the gold as capital and this will become an investment. BTC can be used similarly in business, just held its a speculative token.
My main reason is to hold bitcoin because I'm sure that the future of the transaction system will use bitcoin so that bitcoin users will continue to grow, this has an impact on expensive prices, while the reason I hold gold for being the # 1 investment that is accepted worldwide even in difficult conditions like the global recession or world war.
The only one reason to hold gold, bitcoin and other different assets is profit. People used to look for easy profit and it's obvious and easy way to recive good money.
And since they are two completely different assets, that means they can give you different way of earning profit too. Gold is real treasure of which its price never fluctuates and it's really worth to keep. Bitcoin, on the other hand is volatile where price fluctuation is normal but it can give you real profit so quick if price is starting to rise.
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