Give time to Bitcoin, as the adage says Rome has not been build in 1 day
Topic: The Real Reason to Hold Gold And Bitcoin - page 50. (Read 674549 times)
Compare with yearsback... Nobody doubted that the Internet becomes a reality one day or another. But, investors following the crisis of 2000 committed more because they had too much bet on companies like Pets.com or iWon.com. They doubted even the survival of the net. And yet today we are all connected to the Internet.
Give time to Bitcoin, as the adage says Rome has not been build in 1 day
Give time to Bitcoin, as the adage says Rome has not been build in 1 day
Now I only hold bitcoin. I do not have gold. But in the future I want to buy more gold. I dmayu that it is more stable than bitcoin. And thanks to bitcoin, I can quickly make money
We currently know how to invest in Gold and what it's used for. Bitcoin on the other hand can be viewed as an investment or a currency.
i think the real reason to hold gold is because gold is traditional investment that all people know and they keep their gold in the safety box. and the real reason to hold is because is a new investment in this century and still in development until all people know about and keep too like gold. both have a good chance to be an investment for us especially , soon people should make like gold and even more expensive than gold.
yes the main reason is to prefer bitcoin as compare to gold for investment purpose because the bitcoin is in development phase right now and not fully developed and it will take a few year more to be known to the whole world as a global cypto currency so, until than investment in it will really helpful and i think in near future it will reach to a fixed landmark. 
My father taught me that never choose gold it will fall in this coming year or maybe in the future and i believed to him because he is my father he said me that bitcoin is great way to make stable money im holding bitcoin that came from my profit this is the only way where i can support my self. Trading investment is also good income source while waiting for the coins to be up.
Your dad is some kind of a prophet or anything? That is a very interesting post, I have never heard about someone who heard about bitcoins from his father!Also, i have never heard that you should not choose gold because its price is going to drop in next year, because that simply doesnt make sense for me, unless you are daily-trader on gold (lol).
Usually, precious metals are used for a long-term trading, or at least for secure purposes. You buy gold if you are scared of some conflicts, because the price will be higher during the war time, and the gold is very useful if you are at warzone. Bitcoin isn't, because the web is probably not going to work, so how can you survive with having bitcoins, but nothing to eat and without gold to buy the necessary supplies?
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another.Bitcoin will cost more then 2000 dollars, question is when. Many people expect that to happen soon, and that is not something impossible, but in next couple years bitcoin will rise a lot. Every investment have some risks, nothing is 100 % safe.
Its always good to have fingers in everything (gold, bitcoins, real-estates), things are more and more expensive over the time, that is the reason why its good to buy something if you have money for that.
I agree with you - when the price grows, the best solution is just to keep it. But when the price goes down, you need to think about selling.
This rule applies to all assets and gold and bitcoin
My father taught me that never choose gold it will fall in this coming year or maybe in the future and i believed to him because he is my father he said me that bitcoin is great way to make stable money im holding bitcoin that came from my profit this is the only way where i can support my self. Trading investment is also good income source while waiting for the coins to be up.
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another.Bitcoin will cost more then 2000 dollars, question is when. Many people expect that to happen soon, and that is not something impossible, but in next couple years bitcoin will rise a lot. Every investment have some risks, nothing is 100 % safe.
Its always good to have fingers in everything (gold, bitcoins, real-estates), things are more and more expensive over the time, that is the reason why its good to buy something if you have money for that.
Either you hold or trade your bitcoin . It is all a good way . The problem is he didn't use the right word for it, instead of not good he should have used "its better to" . So why is it better to trade? because you can increase your bitcoins more compared to holding it tho it is much safer to hold . Selling bitcoins when the price is high and buying again when it gets low is pretty easy unlike altccoin trading which is more volatile and complex . It shouldn't be a problem .
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another.Bitcoin will cost more then 2000 dollars, question is when. Many people expect that to happen soon, and that is not something impossible, but in next couple years bitcoin will rise a lot. Every investment have some risks, nothing is 100 % safe.
Its always good to have fingers in everything (gold, bitcoins, real-estates), things are more and more expensive over the time, that is the reason why its good to buy something if you have money for that.
Indeed big people can inflate the prices with state powers. But let's think of common people level. Gold or bitcoin today holds almost near positions and can benefit us. However bitcoin is on brighter side it can really profit you if you invest step by step. Gold on the other side can not go ahead of specific price at which it is fluctuating since decades. When bitcoin started decade ago it was in penny state today it another gold+. So you can see best possible reasons to save in terms of bitcoins rather than gold.
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another.Bitcoin will cost more then 2000 dollars, question is when. Many people expect that to happen soon, and that is not something impossible, but in next couple years bitcoin will rise a lot. Every investment have some risks, nothing is 100 % safe.
Its always good to have fingers in everything (gold, bitcoins, real-estates), things are more and more expensive over the time, that is the reason why its good to buy something if you have money for that.
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i think the real reason to hold gold is because gold is traditional investment that all people know and they keep their gold in the safety box. and the real reason to hold bitcoin is because bitcoin is a new investment in this century and still in development until all people know about bitcoin and keep bitcoin too like gold. both have a good chance to be an investment for us especially bitcoin, soon people should make bitcoin like gold and even more expensive than gold.
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another.Bitcoin will cost more then 2000 dollars, question is when. Many people expect that to happen soon, and that is not something impossible, but in next couple years bitcoin will rise a lot. Every investment have some risks, nothing is 100 % safe.
Its always good to have fingers in everything (gold, bitcoins, real-estates), things are more and more expensive over the time, that is the reason why its good to buy something if you have money for that.
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
As a root of the crypto. hold bitcoin will not be risky comparint with another coin. there is a big guarantee, the market dominance make bitcoin being different with another. 
the both gold and bitcoin is good investment platform, but when it comes to value bitcoin has the highest rate when compared to gold, Gold have been valuable since I dont know when age. So better take advantage of it while it still exist. But the major different gold will be operated under the control of the government and where bitcoin is not ( Many people called bitcoin is not a legalized currency).
It is right Bitcoin not a legalised currency in many country. Only in limited countries, there are no restrictions to use this Bitcoin. Recently I heard that in India the govt announced that Bitcoin trading is not illegal and people can do Bitcoin Trading legally. Like that slowly all countries will allow people to do business with Bitcoin.
If you have Gold it is an evergreen asset for you, and the price will never go down like hell. But Bitcoin you must sell when the price looks high. Otherwise, you have to wait for a long time to make a profit.
For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, many hope bitcoin will penetrate 2000 usd but I pessimistic it will happen, maybe bitcoin will be stable at 1000 usd price
But why only gold and not silver?
Gold's market cap is in trillions while that of silver is only 20b, the same as Bitcoin.
And if you look at gold silver ratio, historically 15 oz silver buys 1 oz gold. Today 70oz silver buys 1oz gold.
Do you think that silver is as good a hold as gold, if not better?
What about other precious metals?
Gold's market cap is in trillions while that of silver is only 20b, the same as Bitcoin.
And if you look at gold silver ratio, historically 15 oz silver buys 1 oz gold. Today 70oz silver buys 1oz gold.
Do you think that silver is as good a hold as gold, if not better?
What about other precious metals?
My reasons is simple, I select the bitcoin because highly profitable while traditional investment gold is acceptable to everyone. If the condition is wedged and need money fast I could gadaikan gold.
Soon bitcoin will be accepted by anyone not just individual in most cases. Gold is always good but in last several year bitcoin is digital gold, for all who believe in it its not just buy ans sell it becoming more and more global by every day pass.
After Japan accepting it in every day trading and buying/purchase other will follow one by one.
I hope that everything will happen. That would be great. If we buy bitcoin now, then in a few years it will become much more expensive. And in a few years, many people will already know about him
Before I knew bitcoin, I'm invest on gold and try to invest every 6 month since gold value quite stable and able to generate profit in long term
But when bitcoin comes , I see bitcoin potential able to defeat gold as for example in last 2 years , bitcoin able to reach 5x value from $200/btc up to $1000/btc , IMO that's freakin insane compare gold gap profit !
But when bitcoin comes , I see bitcoin potential able to defeat gold as for example in last 2 years , bitcoin able to reach 5x value from $200/btc up to $1000/btc , IMO that's freakin insane compare gold gap profit !
The elites have been trying to hold gold down for almost 500 years. A major disaster occurred to them when the final leg of their gold standard failed in 1971. They have since been trying to hold it down with derivative trading, but over the last 46 years they have effectively devalued their currency against gold by quite a bit.
With Bitcoin, things are different. This is what I currently believe. The elites are actually trying to support Bitcoin at this time. The reason is that, when there are multiple non-state monies, they dilute the demand for each other. So the elites want silver and Bitcoin to survive and become competitors against gold. In terms of total 'market cap', Bitcoin is several hundred times smaller than gold, so Bitcoin is very cheap, at this price.
They are insurance policies against the highly corrupt and highly flawed fiat system that we are subjected under. Bitcoin, gold and silver for me. Yes, please!
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