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Topic: The Real Reason to Hold Gold And Bitcoin - page 53. (Read 674549 times)

full member
Activity: 182
Merit: 100
The reason to hold gold and bitcoin because this is a good investment, gold is with high value, bitcoin is saving. We can get profit to this. You can keep gold for a long time you wait for it become expensive before you sell its a lifetime investment. Bitcoin is easy to earn and savings and when it reaches high you can sell, it helps our daily needs and expenses especially in our billings.
sr. member
Activity: 378
Merit: 250
If you want good investment then there is no doubt that you will hold bitcoin and gold because of their performance in the last few years. Bitcoin and Gold are almost the same, Physical and Digital gold but they are just different in price movement which is bitcoin moves faster or change its price regularly while gold is just stable. So if you really like both of them for your investment then you gonna hold them.
to me i think if you want good amount of money then you need to invest your money in trading alt coin. as there are more chance that the price of alt coin will increase and so they will really give you a good profit.
newbie
Activity: 30
Merit: 0
I don’t think we need even more reasons when the most basic of the reasons is already there, we can profit from it, whether you want to hold short term or you are in for the long term holding gold, silver and bitcoin is a good choice, hold the one you like the most but hold some and you will be fine.

I agree with you - keep for a long time - this is a very good idea. But there is always the temptation to spend part of the savings. In addition, it is always necessary to monitor what is happening in the world.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
I don’t think we need even more reasons when the most basic of the reasons is already there, we can profit from it, whether you want to hold short term or you are in for the long term holding gold, silver and bitcoin is a good choice, hold the one you like the most but hold some and you will be fine.
legendary
Activity: 2240
Merit: 1069
If you want good investment then there is no doubt that you will hold bitcoin and gold because of their performance in the last few years. Bitcoin and Gold are almost the same, Physical and Digital gold but they are just different in price movement which is bitcoin moves faster or change its price regularly while gold is just stable. So if you really like both of them for your investment then you gonna hold them.

Past performance does not guarantee future performance specially in investing. If you want to have a basis on investment, base it on their future value. If something is valuable, then invest on it. Right now, bitcoin have a lot of problems on its hands like scaling and fees. If bitcoin solves this, maybe it can be as promising as gold.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
If you want good investment then there is no doubt that you will hold bitcoin and gold because of their performance in the last few years. Bitcoin and Gold are almost the same, Physical and Digital gold but they are just different in price movement which is bitcoin moves faster or change its price regularly while gold is just stable. So if you really like both of them for your investment then you gonna hold them.
hero member
Activity: 644
Merit: 501
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.
Definitely,Gold is the only asset which holds value for centuries.Now Bitcoin,the Digital Gold has joined with it.People buy both gold and bitcoins or either gold or bitcoin as an investment.They hope it would give huge returns and would be helpful in desperate times of need.
In my opinion, buying both bitcoin and gold is a good idea, it may turn up as a great way to save money, or even invest it with a huge profits.
Gold is surely a safety asset, however bitcoin is also a good way to invest the money on the long-term, but I think that 950-1000$ levels are more attractive, for anybody.
1200 USD per bitcoin is one of the highs of btc/usd pair so I would say that bitcoin price can still decrease, and all these "investors" will lose money.

That is why everyone should bear in mind to check the charts and look what was the price before, or get a knowledge about what specified product is.
If you will be smart, and know how much something is worth, then you are not going to lose a lot of money on trades.
hero member
Activity: 655
Merit: 500
The only reason that i know we should hold bitcoin and gold because they are good investment and also in long term investment because look at the price chart of that two assets then you can see how they been grown up to their past prices and that is the proof why we should hold this two blue chip investment.
Gold may be a blue-chip investment (even though it doesn't technically fulfil the definition of being a blue-chip), but Bitcoin is far away from being an investment in the same way gold is. Gold is a lot more stable, Bitcoin (even now) is still very volatile and there are major swings in both directions, although there is luckily a relatively sound trend in the bullish direction. A lot of Bitcoin is about timing, right now it's more like a day-trade stock than a sound blue-chip.

Once gold price were also fluctuating so high but after the game is over now the gold is stable so i think bitcoin will also get stable price when all the game is over and it gets regulation.
but currently there is a lot of fluctuation in the price of bitcoin and therefore i will like to hold bitcoin as there are more chances that its price will increase more and more and will surely give me a good profit after some time.
hero member
Activity: 742
Merit: 500
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.
Definitely,Gold is the only asset which holds value for centuries.Now Bitcoin,the Digital Gold has joined with it.People buy both gold and bitcoins or either gold or bitcoin as an investment.They hope it would give huge returns and would be helpful in desperate times of need.
sr. member
Activity: 882
Merit: 297
The only reason that i know we should hold bitcoin and gold because they are good investment and also in long term investment because look at the price chart of that two assets then you can see how they been grown up to their past prices and that is the proof why we should hold this two blue chip investment.
Gold may be a blue-chip investment (even though it doesn't technically fulfil the definition of being a blue-chip), but Bitcoin is far away from being an investment in the same way gold is. Gold is a lot more stable, Bitcoin (even now) is still very volatile and there are major swings in both directions, although there is luckily a relatively sound trend in the bullish direction. A lot of Bitcoin is about timing, right now it's more like a day-trade stock than a sound blue-chip.

Once gold price were also fluctuating so high but after the game is over now the gold is stable so i think bitcoin will also get stable price when all the game is over and it gets regulation.
legendary
Activity: 1218
Merit: 1007
The only reason that i know we should hold bitcoin and gold because they are good investment and also in long term investment because look at the price chart of that two assets then you can see how they been grown up to their past prices and that is the proof why we should hold this two blue chip investment.
Gold may be a blue-chip investment (even though it doesn't technically fulfil the definition of being a blue-chip), but Bitcoin is far away from being an investment in the same way gold is. Gold is a lot more stable, Bitcoin (even now) is still very volatile and there are major swings in both directions, although there is luckily a relatively sound trend in the bullish direction. A lot of Bitcoin is about timing, right now it's more like a day-trade stock than a sound blue-chip.
hero member
Activity: 1232
Merit: 683
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Most of the investors that do not touch cryptocurrencies would say that comparing bitcoin and gold is something extremely stupid, but I dont agree with that point of view.
Indeed, these are two completely different assets, because gold is real and bitcoin isn't, plus gold market is not so volatile as bitcoin market, but on the other hand, bitcoin is even more expensive than gold, and most important thing is that bitcoin is a new phenomenon, when gold is something which humanity knows well since thousands of years.

The golden rule of investing is to diversify your own wallet- so why diversifying it on also on bitcoin is a bad idea?
Look at the returns of the cryptocurrency traders, and you will change your mind very quick!
sr. member
Activity: 2478
Merit: 343
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The only reason that i know we should hold bitcoin and gold because they are good investment and also in long term investment because look at the price chart of that two assets then you can see how they been grown up to their past prices and that is the proof why we should hold this two blue chip investment.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
The real reason to hold Gold and Bitcoin is human tendency to secure future or to fulfill security needs compromising present.
Due to sky-rocketing inflation, mere savings won't gonna help developing capital for person. Certain contingencies like accident, etc can shake the entire budget of individual. Hence, to stabilize one's financial position and to give catalyst impact to savings, person goes for investment in gold and bitcoin.

This is true, and most mainstream economists won't say that saving is a good thing socially too, under the right system.

It's only under today's system of theft and deception that saving becomes a 'problem' for the economy (called the 'paradox of thrift' by certain economists.)
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
Rarity is the real reason why to hold Gold.  And the deflationary feature why to hold Bitcoin.  Both of these feature gives each items an increasing value overtime.  This is enough reason to hold Bitcoin and gold specially to those who is not familiar with day trading.  This will serve as an investment that will give us profit in the long run.

This is an interesting angle, but we have to remember that deflationary forces are only a feature of times like these.

To maintain faith in their money, right now the central banks are forced to tighten money supplies, as long as the tightening doesn't threaten financial stability.  This tightening, as usual, is having a terrible effect on the lower half of workers, who produce commodities and commodity-like services.  The inequality statistics and political turmoil we see are just a reflection of the unsavory choices faced by the authorities, at this stage of their system.
hero member
Activity: 910
Merit: 550
both are good interms of investing because they both making money i mean gold is raising price eventually every year and bitcoin raising price right now like no ones capable of stopping it hahaha just kidding but really trust me they are both good at making/investing. my gold its been 5 years already withme its not prue gold bar but i have many jewelries.
hero member
Activity: 1022
Merit: 500
For me I would rather to choose to hold bitcoin, Though I'm not saying that I don't like Gold. But my priority is to hold and keep some bitcoin in my storage wallet due to I know it will become 5000$ to 10,000$ in the near future.
g83
sr. member
Activity: 448
Merit: 250
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Although gold has some use cases, most of the value of it is consequence of a large number of speculators that drive the price. I think the future of gold is uncertain, even as a way of storing value. If, in the long run, Bitcoin proves to be a stable and safe currency, many people using gold to store value are likely to start using Bitcoin.
It will not happen that for sure,even in future ,gold will still remain unbeatable.bitcoin is the beginning but it will soon replaced by others as transaction time is huge and cryptocurrency can not be stable if it become stable that it will be similar as paypal or any other digitalcurrency.

Yes gold will always be stable and bitcoin can never be stable so its good to hold gold for a long term so that  you can make good profits in future when price reaches to your desired price and keep on making quick profits from bitcoin in short term.
sr. member
Activity: 585
Merit: 251
Although gold has some use cases, most of the value of it is consequence of a large number of speculators that drive the price. I think the future of gold is uncertain, even as a way of storing value. If, in the long run, Bitcoin proves to be a stable and safe currency, many people using gold to store value are likely to start using Bitcoin.
It will not happen that for sure,even in future ,gold will still remain unbeatable.bitcoin is the beginning but it will soon replaced by others as transaction time is huge and cryptocurrency can not be stable if it become stable that it will be similar as paypal or any other digitalcurrency.
hero member
Activity: 560
Merit: 500
Although gold has some use cases, most of the value of it is consequence of a large number of speculators that drive the price. I think the future of gold is uncertain, even as a way of storing value. If, in the long run, Bitcoin proves to be a stable and safe currency, many people using gold to store value are likely to start using Bitcoin.
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