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Author Topic: Holdings of gold vs Holdings of btc  (Read 62727 times)
LuanX3
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June 14, 2017, 04:22:11 PM
 #661

My stands for this is both, holding of gold and holding bitcoin. As gold is also used in many users until now and still being on top of any investment. Gold is the best and accepted worldwide. While in bitcoin is good as this is volatile price and for sure you can earn big profit for a long term.
Yes, as gold and bitcoins are not mutually exclusive anyway. It is your choice still whether you want to put some money into bitcoins or gold all at the same time. Though gold is much stabler than bitcoins, but bitcoins has really good potential to go up compared to gold.
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June 14, 2017, 06:16:47 PM
 #662

im a holder of bitcoin and also i know how to hold gold too but the better in that two is the bitcoin why? bitcoin has the biggest value in the crypto currency right now, and also bitcoin can double its own value in just a day but gold can't do that bitcoin also decentralized not like gold
whenever I have some extra money I use to invest it in gold. because gold is a safe place to store your assets there, but when  I want to invest then I will surely select to invest my money in bitcoin and some other good potential altcoin. although investment in bitcoin is risky and can also lose some money there, but I do not think that there is a single place where your investment can be 100% safe. If you want to increase your money you must take risk.
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June 15, 2017, 10:34:50 AM
 #663

if me, i want hold more more bitcoin in my wallet, because few years again bitcoin is going to the moon and in that time is paradise for bitcoin holder.

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June 16, 2017, 08:42:13 AM
 #664

I think holding Bitcoin is much more easier and more profitable but it is also containing more risks than holding Gold
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June 16, 2017, 08:52:10 AM
 #665

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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June 16, 2017, 09:07:20 AM
 #666

Well, if you consider the fact that Gold is here for thousands of years, with high liquidity market, and strong user base, you'll realize that's something really hard to achieve. But the good thing is that Bitcoin has already a good network effect, with an ecosystem that expands every day.
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June 16, 2017, 09:22:28 AM
 #667

I think holding Bitcoin is much more easier and more profitable but it is also containing more risks than holding Gold
I do not think so, I think we should keep both because gold and Bitcoin is 2 ideal investment choice, gold can help us make long term profit and very safe, however profit is low, Bitcoin can bring us huge profits in a short period of time but it has certain risks. Both have advantages and disadvantages but if we keep both bitcoin and gold, it will complement each other, that will help us get long-term and short-term profits. In addition not putting all the money into bitcoin will help us limit the risk

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June 16, 2017, 10:38:58 AM
 #668


if me, i want hold more more bitcoin in my wallet, because few years again bitcoin is going to the moon and in that time is paradise for bitcoin holder.

yes you are right bitcoin holding is very much better as compare to gold because the price of bitcoin in some years will be very high and i think those people who have hold more and more bitcoin they will be very happy and rich because due to bitcoin holding their money will be either double or triple, but i think those people who do not know about bitcoin they are trying to hold more and more gold because they think that it will make profit for them.
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June 16, 2017, 02:28:30 PM
 #669

I suggest to select both, don't be tempted even though prices are skyrocketing because of the bitcoin it is no certainty. holding gold is more secure because the gold is always stable and acceptable to everyone.
Only one just choose one, For you if you are rich and wanted to waste money for that two but if im going to ask im only going to choose one and thats would be bitcoin bitcoin now are reach the gold price and it will conquer the world soon with the new technology that bitcoin can do. Holding bitcoin can make a good profit since bitcoin has the prediction of after 5 years or 5 years from now bitcoin will be half of a million price how does this sound to you?
That is if you want to really go into safe side you would want to choose both since the two of them would surely become beneficial to you though your attention and resources would be split into two. There's nothing wrong really in holding both Bitcoin and gold but as for me I focus more on Bitcoin since I can easily acquire it compared to gold and move it anytime I wish. Also with the Bitcoins that I have in my possession, I can multiply it even more by trading or investing it for either short term or long term. Basically, there are a lot of options in Bitcoin than Gold.

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June 16, 2017, 09:30:35 PM
 #670


if me, i want hold more more bitcoin in my wallet, because few years again bitcoin is going to the moon and in that time is paradise for bitcoin holder.

yes you are right bitcoin holding is very much better as compare to gold because the price of bitcoin in some years will be very high and i think those people who have hold more and more bitcoin they will be very happy and rich because due to bitcoin holding their money will be either double or triple, but i think those people who do not know about bitcoin they are trying to hold more and more gold because they think that it will make profit for them.

It is a totally wrong thiking. Firstly you say  the price of bitcoin in some years will be very high. It is just a collective opinion that you repeat, it doesn't mean it's going to hapen. On another side it can happen the totally opposite with a very low value. Secondly you say people who do not know about bitcoin they are trying to hold more and more gold because they think that it will make profit for them. Investing in Gold doesn't serve the same purpose, you buy gold to secure your money, not to make profits

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June 17, 2017, 06:27:41 AM
 #671

Now the price of the bitcoin drop again, this makes me confused to continue to hold bitcoin, supposing I sell when $2900 certainly I will get over $500/btc, this makes me have to be realistic not to hold when prices bitcoin are already high.
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June 17, 2017, 07:22:09 AM
 #672


if me, i want hold more more bitcoin in my wallet, because few years again bitcoin is going to the moon and in that time is paradise for bitcoin holder.

yes you are right bitcoin holding is very much better as compare to gold because the price of bitcoin in some years will be very high and i think those people who have hold more and more bitcoin they will be very happy and rich because due to bitcoin holding their money will be either double or triple, but i think those people who do not know about bitcoin they are trying to hold more and more gold because they think that it will make profit for them.

It is a totally wrong thiking. Firstly you say  the price of bitcoin in some years will be very high. It is just a collective opinion that you repeat, it doesn't mean it's going to hapen. On another side it can happen the totally opposite with a very low value. Secondly you say people who do not know about bitcoin they are trying to hold more and more gold because they think that it will make profit for them. Investing in Gold doesn't serve the same purpose, you buy gold to secure your money, not to make profits

Differences in mindset should be applied to bitcoin and gold because bitcoin is not actually an asset, but a currency that can be traded on a daily basis. Gold is only for the purpose of securing wealth such as savings and future insurance. If there is a better question about which commodity, then bitcoin has more value.



 

 

 

 

 

 


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June 18, 2017, 06:11:17 AM
 #673

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?
If you are in this industry well, obviously you will choose of course holding bitcoins. Though there's an instances that bitcoin has a similarity in Gold. Which is as time pass by the value increases, but in bitcoin fluctuation there is sometimes the movement is very aggressive and sometimes very slow moving.

Each is completely different and each has a different use and place in your portfolio.  Gold prices are based on pretty concrete things and real life data.  Bitcoin is mostly price based on whims, rumors and other intangible and mostly false data.
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June 18, 2017, 06:11:55 AM
 #674

The exchanges, the forums and various site uses are the controlling factor behind the price of Bitcoin, through information overload and buy/sell.  Gold has very real and predictable events that can be seen, Bitcoin can be predicted, but a single petty forum member or chat boxer can alter things quickly by dropping complete lies or rumors or whatever and watch the fire spread.
 

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June 18, 2017, 06:19:24 AM
 #675

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?
If you are in this industry well, obviously you will choose of course holding bitcoins. Though there's an instances that bitcoin has a similarity in Gold. Which is as time pass by the value increases, but in bitcoin fluctuation there is sometimes the movement is very aggressive and sometimes very slow moving.

Each is completely different and each has a different use and place in your portfolio.  Gold prices are based on pretty concrete things and real life data.  Bitcoin is mostly price based on whims, rumors and other intangible and mostly false data.

They are different but if you compare those two assets on which is the most profitable on them I think the bitcoin well give you the best shot on this since you can earn more profits even though you are playing with it in short period of time. But if you Want a passive long time profit stake well gold is not bad to stake with since we all know year by year the price of it keeps rising but im so sure that we will be old by that time before we can earn huge money for gold.

R


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June 18, 2017, 06:29:24 AM
 #676

Now the price of the bitcoin drop again, this makes me confused to continue to hold bitcoin, supposing I sell when $2900 certainly I will get over $500/btc, this makes me have to be realistic not to hold when prices bitcoin are already high.

With that you would be saying that the price would not go beyond, it is a very safe position, but what if it does not happen like that, if you decide to go back later you can lose the $500 in the best of cases  what  you put as an example, because at some point the price can reach $3400 but I clarify, I do not know if it reach that price.
dothebeats
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June 18, 2017, 06:33:14 AM
 #677

Now the price of the bitcoin drop again, this makes me confused to continue to hold bitcoin, supposing I sell when $2900 certainly I will get over $500/btc, this makes me have to be realistic not to hold when prices bitcoin are already high.

Bitcoin's market is a fast-paced one unlike gold which slowly creeps up in price over time. Plunges and rises are too common in the bitcoin ecosystem that it's not rare to see 20% increase or drops in just a single day. If you think that your mind is not ready to comprehend about these fast changes then sell if you are in profit then forget about bitcoin.
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June 18, 2017, 09:10:45 AM
 #678

Now the price of the bitcoin drop again, this makes me confused to continue to hold bitcoin, supposing I sell when $2900 certainly I will get over $500/btc, this makes me have to be realistic not to hold when prices bitcoin are already high.

Bitcoin's market is a fast-paced one unlike gold which slowly creeps up in price over time. Plunges and rises are too common in the bitcoin ecosystem that it's not rare to see 20% increase or drops in just a single day. If you think that your mind is not ready to comprehend about these fast changes then sell if you are in profit then forget about bitcoin.

Gold is considered as a safe haven because of its stability and although for the past 6 years the value has not nudged that much still this is considered to be a very safe investment tool. Now, compared to Bitcoin which is very volatile which means anytime it can go up and down, some might not be strong to deal with its swings.

However, what attracted many to Bitcoin is in fact its volatility because a good trader can make money when a certain investment medium is always active experiencing some bumps from time to time.

It is then okay to get gold but if you want more potential to earn money and the value to surpass that of gold anytime then Bitcoin should be part of your investment mix.
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June 18, 2017, 09:51:34 AM
 #679

If it has a chance to hold both I think it's a very good thing, because bitcoin and gold are very promising investment tools for the future, but if one of them, I think, bitcoin is better, because bitcoin has a flexible function, For investment, but also for business.
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June 18, 2017, 12:18:17 PM
 #680

I think holding of gold is better because gold is more stable than Bitcoin. Price of Bitcoin is very volatile. Gold is also more popular and more people are interested in holding gold over bitcoin.
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