Holdings of gold vs Holdings of btc

[deadpoolx]

Many people around the globe use bitcoin not as a currency, but as an investment whereas gold is being used since ancient times as a currency and of course to store the value of their assets. For us to reach the same user base of gold, it might take a hundred years or more maybe it will not happen forever since even if many trust bitcoin around the globe, most of the world's population don't know it and don't trust it yet.

Those who consider bitcoin as sort of investment or digital assets/property is not only by an individual or people but also many governments, as for example is USA which have made a regulation regarding to bitcoin and they consider bitcoin as a digital assets. but i don't agree that gold is getting used as a currency for now, if it was many centuries ago it's right but for now gold is considered as investment just like what bitcoin does

Of course, this depends on how long you are planning on saving, if you are planning on saving for the long term than the god will be the best option because gold has been the most valuable thing since the dawn of civilization.

So, it is always going to be there and the price is stable compared to the bitcoin that the price is constantly changing, you can save bitcoin but only for the short term.

With regard to long-term investing, I'm not sure if gold would be a better form of investment. It may be a good solution for people who want something with a higher degree of stability, but considering the long-term potential for profit, gold certainly does not have a higher earning potential than the investor can find in Bitcoin.

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[millgates]

There will be no significant differences between holding gold and btc.

No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving).
To secure bitcoin we just need some strong passwords and some encryption procedures.

Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.

I agree with you, also if we invest in gold we need to wait more than 2 years to get significant profit. The volatility of bitcoin give us chance to get profit in short term. We do not need much money to invest in bitcoin.

[ged00u]

There will be no significant differences between holding gold and btc.

No there are a lot of differences like we need more security measurements for holding gold in physical format (now a days digital format gold is also available, still considering only physical gold due to its reputation for saving).
To secure bitcoin we just need some strong passwords and some encryption procedures.

Other than these storing aspects, returns on investment will be more with bitcoin compared to gold investments.

I agree with you, also if we invest in gold we need to wait more than 2 years to get significant profit. The volatility of bitcoin give us chance to get profit in short term. We do not need much money to invest in bitcoin.

Gold will soon be forgotten because it is too physical and we can do nothing while holding gold. Bitcoin is totally different since it can be used for both investment and currency. You can use your Bitcoin to buy something by definitely you can not buy anything with your gold. You have to exchange them first. If Bitcoin is on its right conditions, I think the prices will cross $3000 this year

[marcoman22]

Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

[Maslate]

Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.

[Liang_Kubur]

For now I suggest that hold both, the price bitcoin there is a sign soon rebound to $ 1,000. If we are selling withprice now course can make we loss. For gold, the price still not beneficial, wait inauguration President Trump is the best solution.

[PanZerrr]

Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.

Yes, you are right, one must choose the type of investment that suits him. There is no doubt that gold is more reliable. But for many it is not important. So they buy Bitcoin. I also prefer to buy Bitcoin

[zidanw]

if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

[Mastsetad]

Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

Of course you are right that bitcoin has more risk if you keep them because it can anytime drop its price and you can pick up a loss for that, but i still feel that someone should keep bitcoins if he is not keeping them for really long like 5 to 10 years because bitcoin will surely earn you profits in long run but gold cannot earn you that much.

[ASHLIUSZ]

Holdings in gold will last forever because it has gained trust of people for thousands of years. Bitcoin is only known for last 8 years. Gold is accepted every where through out the world but bitcoin is only accepted in some countries.

That makes bitcoin riskier than gold as investment, gold is no question more stable since it's commodity fiat while bitcoin until now there is no specific definition on how we treat it, it could be a currency or investment or both. We can have any option we can do as long as it satisfy our needs and meet our expectation in the event our investment will be successful.

Yes, you are right, one must choose the type of investment that suits him. There is no doubt that gold is more reliable. But for many it is not important. So they buy Bitcoin. I also prefer to buy Bitcoin

As said one must be clear with his needs while making his investment. Also he should be affordable to it if its a long term investment. Gold and bitcoin vary much in terms of reliability for which few prefer gold and the rest prefer bitcoin as it gives very big profit with its varying price.

[bitbunnny]

Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.

[Bitcoinsummoner]

Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.

I think its still good to choose bitcoin to invest for long term and short term investment gold for me it takes too much time to wait and only few interest you can gain profit with gold unlike in bitcoin that users are growing and more investors are come more merchant are accepting and more adoption will come in the future.. so long term and short term always making you a good profit..

[bitcoinvest]

In my opinion the future (and what we learned from the past) of  BTC in just amazing.

Some people said back in 2011 about that the BTC - Blockchain will do to the money system what the Internet made 20 years ago to mail etc...

We live this already and we have seen the potentials.. As i wrote to another post we have Trump here that seems to be very good news for this and we have ETF decision to be made March 11... and many many other news that i can write many and also forget many,..

Bitcoin is going to be al over you in the near future.

Now after very short introduction lets see Gold and Bitcoin. For my case let's say i have 50.000 euro to put and need decide how much and where i would put 48.000 in BTC and 2.000 in Gold. The gold price you can see and also the BTC price in charts.... Here we have a huge oportunity to get inside (ok not at a few dollars as the early adopters did) in cheap price and have huge profit. In Gold?? Can you say the same??? I think not...

I have of course the idea all or nothing.... so i would invest in BTC and keep minimum half of the BTC OUTSIDE EXCHANGE!!!!!!

With the idea of half to  buy - sell in every day basis and the other long term to see after 7 years etc...

[Bitcoin0916]

if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.

[Finestream]

if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.

Those people who panicked when the price went down from $1,100 to $800 are certainly new in the bitcoin community, they did not know that it's normal and bitcoin is strong, so we will be back shortly. Lack of knowledge and experience lead to panic so let us make the right research to make the right decision.

[ipanks]

Depens what you prefer and what kind of investor you are. I wouldn't choose between gold or Bitcoin I would split my portfolio on both but in different ratio. At the moment I would put more on Bitcoin and less on gold but it's necessary to watch the market and adjust to the current situation, you have to be flexible.

I think its still good to choose bitcoin to invest for long term and short term investment gold for me it takes too much time to wait and only few interest you can gain profit with gold unlike in bitcoin that users are growing and more investors are come more merchant are accepting and more adoption will come in the future.. so long term and short term always making you a good profit..

i think the same as you, holding bitcoin is like have an investment for long term and i think for me its a good decision that i ever made so far because beside saving my money in bank, i have an investment like gold and i can sell it when the price is high. gold is more stable and only good for long term but we should safe our gold in deposit box in bank for the safest place.

[Mastsetad]

There will be no significant differences between holding gold and btc.

The very simple and clear difference is if you hold gold you can be more satisfied as you wont need to be worried if the price will decrease or anything like that might happen while you may not earn too much profit in that.
But if you are holding bitcoins then you will be quite worried as it is volatile but at the end you can comparatively earn more profits than gold.

[poplolnman]

if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

I think it is depends on the magnitude of our investment, if a big investment is very risky if we select the bitcoin, remember many people stress when the bitcoin price came down from from $1,100 to $800. However gold is a top priority for investment, there is no one who refused the gold, so I recommend to retain the gold.

Those people who panicked when the price went down from $1,100 to $800 are certainly new in the bitcoin community, they did not know that it's normal and bitcoin is strong, so we will be back shortly. Lack of knowledge and experience lead to panic so let us make the right research to make the right decision.

I think it's normal to have a panic attack , just the matter of how they react after it. A newcomer would sell all the coins that they have and walk away forever due disappointed. When the real bitcoiner would be back later or even keep holding for long time.

[bajing]

if you want a lot profit i giving advice to holding bitcoin but have a high risk is comparable with what you get. holdings gold only keep your money most people says gold not make you rick but keep you rich, gold not high risk loses of value

Whether gold can not give huge profits? I think you are wrong, but if you want a quick profit only one investment that can give it that bitcoin.

[Cxfan]

Gold is finished, gold is dead. Everyone's money should be in btc, ltc doge and vidz.

Gold still has value since it is a precious metal that is used in many industries.