Topic: The Real Reason to Hold Gold And Bitcoin - page 27. (Read 674532 times)
I'd rather go all-in on Bitcoin. It offers return of a massive 500-800% in a year and it keeps getting better by the minute. Gold has been stable for almost 5 years and digital currency is on the rise so it is highly recommended.
The strongest reason still hold gold because when it comes to sudden money the price does not drop, but if bitcoin then it could be the price drop when we need fast money. while I hold bitcoin because the prices are growing and I can continue to profit.
Gold also have very limited supply and people accept its value, same things happen in BTC. But Gold is old thing that cannot really support our modern life like internet, but BTC can.
I think the real reason to holding Gold and Bitcoin is just making more money in long term. People who hold this currencies believe that their prices will go up highly in the future, so they keep saving their coins or gold until the price hit the highest possible level.
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.
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.
Of course for me the main reason why most of the people hold bitcoin is that they intend to have this kind of strategies just to grow their money. And I think the strategy of holding their money or bitcoin just to have some investments or some holding it. It is a very effective way specially to those doesn't use it much.
The real reason is that they have limited supply, and people want them. (people may not want bitcoin in the future btw) People always want gold and they want to gather as much as possible in their lifetime. It is the only solid asset which holds its true value through the centuries.
One thing I learned is hold something people want specially those of value and limited resources. Rich persons and tycoons tend to monopolize these things such as oil and gold but now that bitcoin has come to stage they hardly able to monopolized it since it takes them by surprise and at the same time can be earned by everyone regardless of their status and profession.
No, I don't think it's far too late that you should buy bitcoin. It's never too late to test something. If you're willing to learn and produce I suggest that you simply do a research. Monitor the chart making a assessment. Read the trend on when to purchase btc and do not be impulsive. There are things to consider when you buy bitcoin. Of course the first thing that you have to think of is the current worth. You should buy once the value is gloomier because if you purchase once the value reaches peak you'll eventually convey more losses than earnings.
Why not? The bubble of Bitcoin will be end in someday, so, if you want to invest more money in Bitcoin when Bitcoin bubble can be end in that time, you just make your capital decrease because you don't update your knowledge about the market, like the dot com bubble. 
Everyone is holding bitcoin and gold for profit because they are asset and can be used when ever you need them and also the price is increasing day by day. Main reason is the money.
What is the point of keeping Gold? Gold is just hedging out the Sock market. If the stock exchange does well Gold will go stale. If your economic crisis hits eveybody will buy gold. No reason holding Gold until that point for me.Do anyone who said keeping gold is good actually checked out a precious metal price chart? Precious metal does not even track inflrion and that means you are losing money if you invest in precious metal long-term. If you want extremely safe investingpossibly invest in low yield ties or expert to peer financing.a t
Both the gold and the bitcoin are good to hold for long term investment because they have potential both to grown up their price nowadays. Much better to hold bitcoin it its safe for any who wants to get if it is in safe storage, while this precious metal gold is handy object easy to find the theif. But we cannot argue this thing both are profitable by hold long term investments.
No, I don't think it's far too late that you should buy bitcoin. It's never too late to test something. If you're willing to learn and produce I suggest that you simply do a research. Monitor the chart making a assessment. Read the trend on when to purchase btc and do not be impulsive. There are things to consider when you buy bitcoin. Of course the first thing that you have to think of is the current worth. You should buy once the value is gloomier because if you purchase once the value reaches peak you'll eventually convey more losses than earnings.
Bitcoin is the best idea to invest your money, until 2040 the price will be just bigger and bigger cause of it place on crypto market and popularization.
My point of view:
Banks will adapt. As stupid as that sounds, they will lose in the procress and with caught-up users will suffer collateral damage for not adapting. Which is equal to say that the banks are gonna make the lower clases pay, they will profit from the "usual guy" desinformation. The crowd is paying. We, trying to ride this crypto wave, are just doing adaptation.
Banks will adapt. As stupid as that sounds, they will lose in the procress and with caught-up users will suffer collateral damage for not adapting. Which is equal to say that the banks are gonna make the lower clases pay, they will profit from the "usual guy" desinformation. The crowd is paying. We, trying to ride this crypto wave, are just doing adaptation.
While I agree with most of your statements, I do not subscribe to the idea that investing in gold is stable. The word "stable" is what made the statement inaccurate in a sense that we all know investments do not offer nor guarantee stability but merely increases the chance of giving you a passive income depending on the global and local market.
gold and bitcoin are excellent investment vehicles. we will get many benefits from both. Because by simply holding back the two will be profitable in the future.
Holding gold and bitcoin certainly has an opportunity to earn big profits in the future, as both have excellent progress as long-term investments. With a little patience to hold it in the next 2-3 years time will certainly be able to see the benefits that fit with what is expected of the investment.
To let your friends and family see that you made some money in your life witch you should be proud of because a lot of guys don't look at their screen and gain money by investing in in and do nothing.
The real reason why lot of people hold their gold or bitcoin is the price is rapidly increasing. They want to get profit in holding them.
Many persons holds a lot of land properties there reason is very simple, they knew that after 5 to 10 years there property will be sell in greater amount, this example are related in holding bitcoin and gold, as time goes by this two things get a higher value because of demands and other reasons, holding bitcoin and gold is more better than investing in many banks, and for me this two things are one the best investing ideas.
Gold and Bitcoin are two most widely used investment assets.In any investment asset,holding can act as a key to earn more profits.The reason to hold Gold can be that it is the most trusted and traditional way of investment.Moreover there is no risk of losing our money.On the other hand reason for holding Bitcoin can be it's increasing price.No doubt that Bitcoin is a modern way of investment and there is some risk involved but it's increasing price is making it the finest investment asset that can provide us with huge profits which makes holding Bitcoin worth it.
The actual need to maintain precious metal and Bitcoin are that they are among the best investment choice accessible available. Investment in gold and Bitcoin are sure to supply great results in hardly any interval of your time. However i choose Bitcoin more since it develops with considerably faster price.
They're not best choices if you ask me. US company shares are much better than the precious metals such as silver, platinum, gold and rodium. Metals are only metals and they don't generate innovation but companies change our world with their innovations.
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