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Author Topic: Holdings of gold vs Holdings of btc  (Read 62724 times)
gandame
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October 20, 2016, 01:02:57 AM
 #381

Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
They are both good by holding long and short term they are the same that price getting down and up. So its better to have that both gold is for a long term and bitcoin can you hold it in a short term. But bitcoin is fastest grown the price so we get profit in short time. Gold is smooth to grow the price.
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GermanFoobla
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October 20, 2016, 01:44:12 AM
 #382

Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
They are both good by holding long and short term they are the same that price getting down and up. So its better to have that both gold is for a long term and bitcoin can you hold it in a short term. But bitcoin is fastest grown the price so we get profit in short time. Gold is smooth to grow the price.

They are indeed both good but I prefer holding the bitcoin because it has a great future and its also that you can do it for more terms, it can be profitable on a short term too with gold this is not the point.
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October 20, 2016, 01:55:31 AM
 #383

Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
They are both good by holding long and short term they are the same that price getting down and up. So its better to have that both gold is for a long term and bitcoin can you hold it in a short term. But bitcoin is fastest grown the price so we get profit in short time. Gold is smooth to grow the price.

They are indeed both good but I prefer holding the bitcoin because it has a great future and its also that you can do it for more terms, it can be profitable on a short term too with gold this is not the point.

Yeah, and besides in terms or security. Bitcoin is more secure than gold because it is in the crypto world. There is much less risk of having it stolen because we all know that if people know that you are storing for about a high amount of gold. They may plan to steal it because it has a high value. Not in bitcoin because it is more private. You are the only one who know how much you are holding or what amount is that. So it is more secure and private to hold bitcoin.

In terms of pricing. I think they are equal because both of them are fluctuating prices so its up to you what do you want to keep as an investment
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October 20, 2016, 05:04:50 AM
 #384

...

In dollar (US) value, I hold about 20 times as much gold as I do Bitcoin.  I do like them both, but they are different assets with different characteristics.  Holding gold and BTC is not an "either or" deal.  In fact, diversification in holding both is a good idea.

I hold a lot of gold because I value safety for a large part of what I own.

Bitcoin has other positive features that I like, but my holdings will never get large.*



* Unless BTC gets to $50,000 each...   Smiley
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October 21, 2016, 09:30:51 PM
 #385

i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.
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October 21, 2016, 10:47:14 PM
 #386

i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.

It all depends on what type of person you are, and your targets. Example; If you just look to store money outside the reach of banks, without the need for a decent return, then Gold is the perfect option for that. Keep in mind that a lot people in Gold aren't really looking for crazy returns as is the case with Bitcoin. They are happy with Gold being stable in the way that it doesn't show heavy fluctuations, with as result that after a year or two the value remains largely the same, or a tiny bit higher.
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October 21, 2016, 10:53:50 PM
 #387

the best longterm hold is gold
because is savety and liquid to exchange fiat money
bitcoin is very good in day trading not good is long time hold
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October 21, 2016, 11:28:41 PM
 #388

bitcoin and gold, is something very nice for detained in a very long time. however, gold might be better if the hold in a very long time, because we do not know what will happen in the future bitcoin. however, for those who believe in the potential bitcoin, bitcoin then it may be better for them. I use both, so I'll hold both

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betohell
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October 21, 2016, 11:35:04 PM
 #389

long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-term

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October 22, 2016, 01:51:06 AM
 #390

long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-term

Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.
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October 22, 2016, 02:16:02 AM
 #391

Does anyone have any idea how many people are using gold as a store of value vs btc?  And how long do you think until we have the same user Base as holders of gold?
in my opinion the people holding gold more than btc for Profit because many people don't know  about the bitcoin so they are not looking toward the bitcoin purchase and hold for the long time .
allover it is better to keep the bitcoin hold than gold .
because the price of bitcoin is increasing sharply than in gold .
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October 22, 2016, 04:12:58 AM
 #392

long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-term

Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.

And gold and Bitcoin good for investment. You are right, gold - long-term investment. I also use it for this purpose. Bitcoin is very unique and we must be able to invest in it.
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October 22, 2016, 06:31:02 AM
 #393

long time
iam preferer hold gold
I think for the long term will also be profitable even if bitcoin i think, bitcoin can be used for short-time and long-time investmend, while gold may only be a long-term

Both has got different benefits. Gold is not only for the long term but it always grows slow and steady, but bitcoin prices will move fast in both directions. So it is good to invest in both assets to take these advantages. I invested in both of them and so for I'm quite happy with both investments. But I have spent more money in gold because it is much more matured investment compared to bitcoins.

And gold and Bitcoin good for investment. You are right, gold - long-term investment. I also use it for this purpose. Bitcoin is very unique and we must be able to invest in it.

Yes actually holding both it was very good because both can be very profitable. But it is the price of gold is very strong making it suitable for long-term investments, bitcoin prices have stabilized and may be better suited for short-term investments. It took enormous power for bitcoin to be able to have the power prices in the market such as gold.
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October 22, 2016, 07:02:59 AM
 #394

long time
iam preferer hold gold

they are both good for short and long term. there is no difference in that, the only difference would be on how you are trading and what your plans and skills are.

there are people who are doing day trading in both markets and never hold any of these things neither gold nor bitcoin. and they only keep fiat. but also at the same time you can invest in gold or bitcoin for long term and have a good and also safe investment.

besides bitcoin has more potential for big rises (bigger profit) than gold.

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October 22, 2016, 11:15:49 AM
 #395

I would personally hold bitcoins instead of gold. Bitcoin is relatively new and a lot of people still don't know about it. Which means that bitcoin has that potential that we are so far from. Rich people have invested in gold because it was the trend back then, meaning that the gold's current price is already the inflated price. Bitcoin, on the other hand, hasn't pumped that much at all. It surely will sky rocket once rich people invest in it.

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October 22, 2016, 04:09:18 PM
 #396

I would personally hold bitcoins instead of gold. Bitcoin is relatively new and a lot of people still don't know about it. Which means that bitcoin has that potential that we are so far from. Rich people have invested in gold because it was the trend back then, meaning that the gold's current price is already the inflated price. Bitcoin, on the other hand, hasn't pumped that much at all. It surely will sky rocket once rich people invest in it.

That is right. The bitcoin is better than the gold. You can use the bitcoin to buy things but you cannot do that with gold.
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October 22, 2016, 08:12:53 PM
 #397

In my opinion, holding of golds and holding of btc are both
okay. As long you know how to manage your investments.
But both has really different value and benefits.
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October 22, 2016, 08:34:12 PM
 #398

i think that holding of bitcoin is much more better than gold holding because bitcoin increasing its price too much faster day to day and people are going to adopting bitcoin for the future becayse they surely know that price of bitcoin will be grow up sooner.

As long as it is better I consider it also as riskier because holding bitcoin is not always better than gold but the risk putting on it worth.

I consider also that holding gold is risky as you should hold it physically and put it on a secure place and comparing to bitcoin which we need only to save a private key or a wallet.dat file even in cloud(s) which is much lighter than physical gold.
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October 22, 2016, 08:40:41 PM
 #399

Those which hold gold has to follow several rules, and they have to pay taxes as i do know, one reasom to avoid for me, invest into bitcoin is free and all you need is patiente and wait and know the moment to sell your bitcoins with profit.
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October 22, 2016, 08:49:49 PM
 #400

Gold is for long term investment and i think you will not get good profit in gold if you are just a small investors.. unlike in bitcoin that short term an long term has a good movement price but we are still experience of decreases.. and bitcoin is cheap than gold.. and we can get bitcoin to do task here in forum..

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