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Topic: The Real Reason to Hold Gold And Bitcoin - page 9. (Read 674545 times)

jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
August 08, 2018, 03:37:30 PM
The real reason to hold the Gold and Bitcoin are for future use , these two are considered as an assets or your own assets , it is very good to hold them for the tine come that their value ,would surely goes up in  that certain time, and if your will passed away ,you can give them to your kids which are the one to continue your investments.
jr. member
Activity: 364
Merit: 1
August 08, 2018, 03:04:14 PM
True, bitcoin can be safely aligned with the assets but so unpredictable that you need to think whether you have so much time to wait. Today bitcoin costs $ 6,370.53 USD (-9.45%), but tomorrow the situation can dramatically change for the better. I am working in the direction of finding good new crypto-currencies, now at this stage I'm collaborating with the EagleX project.
full member
Activity: 490
Merit: 134
August 08, 2018, 02:44:03 PM
Two different things. First most want to have something in possession like gold and after gold is valued a lot also have physical form, and we have bitcoin valued even more but form is not physical. That why both are very valued and compared to each other all the time and that how it will be in future. But most will still have one or other not many will have opportunity to have both in various reason.
newbie
Activity: 25
Merit: 0
August 08, 2018, 09:36:10 AM
For me the real reason is that it will tocuh 1 million mark one day. It can help me retire early and explore life better.
newbie
Activity: 25
Merit: 0
August 08, 2018, 09:34:31 AM
I am not much fan of physical gold. This is because I need to be so much careful protecting it from thieves and robbers here.
full member
Activity: 518
Merit: 100
August 08, 2018, 09:31:20 AM
I think bitcoin and gold are good investment tools, bitcoin and gold have a limited supply so that future developments in prices will continue to rise

Yes gold is good investment because it's price increase and it will more increase for the next more years and bitcoin is really good investment but you need the right timing in bitcoin because you can lost your money if you buy at a  high price so make sure that you buy bitcoin on its lowest price.
sr. member
Activity: 1092
Merit: 255
August 08, 2018, 08:58:20 AM
I think bitcoin and gold are good investment tools, bitcoin and gold have a limited supply so that future developments in prices will continue to rise
newbie
Activity: 87
Merit: 0
August 08, 2018, 08:41:49 AM
The real reason for holding bitcoin is to take advantage of moment to improve my financial condition. And holds gold as a hedge from profits i make from bitcoin. Lips sealed Lips sealed
newbie
Activity: 5
Merit: 0
August 02, 2018, 08:28:06 PM
the real reason to hold is the future, there are many countries with economic and social problem, these are some good reasons to invest in Bitcoin. These are probably the only reason that i invest in Bitcoin.
But  the first point is going to take a while, before it is in full force
full member
Activity: 392
Merit: 100
August 02, 2018, 06:59:40 PM
It seems to me that gold is kept by those who are afraid of mastering new technologies. It is better to invest in bitcoin and other promising coins to get more profit.   
For me the real reason why we should hold our bitcoin and gold is because the value of both  of it can still increased very high in the future and for sure as a holder of both bitcoin and gold can make us very profitable or maybe to be rich in the future.
member
Activity: 392
Merit: 10
August 02, 2018, 06:48:22 PM
Gold can be used as a store of value, and BTC can also be used as network gold when the price is stable in the future. When the production of BTC is reduced to a certain amount, the price may be more stable.
Gold is still as valuable as life. But it is difficult to move and trade fast with special coinage coins that are growing too fast. Bitcoin for quick trading. Gold only to turn into decorative and artistic items.
STT
legendary
Activity: 4102
Merit: 1454
It seems to me that gold is kept by those who are afraid of mastering new technologies. It is better to invest in bitcoin and other promising coins to get more profit.   

Thats not quite how it works, gold is a hedge.  Think of gold as an anchor, its not intended to be an entire holding but it has a great use in providing balance in range of assets held as wealth.   Gold is not productive capital, it is purely just an inert deposit of value that has held in demand for hundreds of generations of people.    Like Buffet would say stick to the classic products

the price of gold rises every year, it is because of the higher demand and fewer resources.
the amount of gold on earth is limited.
whereas bitcoin although the amount is limited, but bitcoin fluctuates! the price may change at any time, and can not be predicted. I think that's it.

Demand for gold rises in line with world population growth and the supply for gold also is increasing because it is related to mining technology and efficiency which has improved greatly in the last century.    Looking at all the gold mined in history, most of it came from supply found in the last hundred years.   I dont rely on gold being a limited resource but its outpacing world growth so in effect its very steady as a market.

Bitcoin has no supply growth, its deflationary because supply is dropping as the protocol progresses.   The only future supply of bitcoin will be the holders of yesterday.   So these two markets have different dynamics
member
Activity: 287
Merit: 10
Gold and Bitcoin both have similar characteristics in terms of price increase we can expect the price soar due to public demand in bitcoin and altcoins
sr. member
Activity: 619
Merit: 250
The real reason why some people hold gold and bitcoin because Gold and bitcoin is a good investment for the future. Others also used bitcoin ang gold for retirement investment. Gold had a good profit in the long time of holding it as well as bitcoin.
It's true that both bitcoin and gold is very profitable and I think this is the main reason why many people put their money into these two currencies. While gold has a more stable status and its value keeps rising steadily and gradually over the years, bitcoin has its ups and downs and it's quite difficult to predict its trend but bitcoin give you more profit than gold. Gold can help you a lot in the long run but bitcoin can make you rich fast. Anyway, holding both bitcoin and gold would benefit you in a lot of ways.
member
Activity: 258
Merit: 10
Gold can be used as a store of value, and BTC can also be used as network gold when the price is stable in the future. When the production of BTC is reduced to a certain amount, the price may be more stable.
full member
Activity: 504
Merit: 100
It seems to me that gold is kept by those who are afraid of mastering new technologies. It is better to invest in bitcoin and other promising coins to get more profit.   
newbie
Activity: 218
Merit: 0
To say that keeping gold and BTC is the same, I do not quite agree, because btc is unstable and they fluctuate over time so holding BTC is a very risky and risky thing.
member
Activity: 798
Merit: 10
Since dollar value not pegged by gold, dollar decreasing the value and gold price always rising. Gold most favorite investment because peoples think have limited supply and when 2009 bitcoin created with limited supply, peoples want to own bitcoin as their new store of value.
Most reason peoples holding Gold and bitcoin because the value always increasing compare with dollar.
newbie
Activity: 91
Merit: 0
The real reason why some people hold gold and bitcoin because Gold and bitcoin is a good investment for the future. Others also used bitcoin ang gold for retirement investment. Gold had a good profit in the long time of holding it as well as bitcoin.
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
You may be right with that, things like gold are really perfect for investing. But BTC may be the new-generation gold, which is much better that usual gold.
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