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Author Topic: Holdings of gold vs Holdings of btc  (Read 62725 times)
Redanim
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October 30, 2017, 02:45:02 PM
 #1281

It can be safely asserted that bitcoin is a functionally improved form of gold.  Choosing bitcoin investment, we have a guarantee that our savings will not be lost due to devaluation, we can be sure that the state will not be able to access our account in any way. Never thought about investing in gold, immediately chose bitcoins.
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October 30, 2017, 02:48:23 PM
 #1282

I prefer to hold more of bitcoin instead of having gold. I know gold is precious and very popular but I don't have enough knowledge on how the market of it works and where I can trade gold with real cash in a day to day basis. I know some pawnshops but their rates are really disappointing and I don't want to talk about gold anymore since I really don't have it.
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October 30, 2017, 03:48:57 PM
 #1283

Maybe for our era, we should have both gold and bitcoin. I think gold will still be valuable at least for the next 50 years....

Having a your wealth store in a gold have an assurance that it is a wealth even after centuries though it can place your life in danger because some will kill for gold. When you store your wealth on bitcoin you won't know if it's value will rise or will fall down though your identity in bitcoin is safe and private. anotheR is that bitcoin is easier to aquire than gold.
Osarman
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October 31, 2017, 11:49:33 AM
 #1284

Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
If we make a comparison in between holding of bitcoin and that of holding of gold, then we’ll observe this thing that holding of bitcoin is far more profitable and beneficial than that of holding of any other thing. Holding of gold is also a good thing but it cannot help you in making any fruitful profit. If you actually want to multiply the amount of money which you have, then you have to go for bitcoin.
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October 31, 2017, 12:40:03 PM
 #1285

according to my opinion holding bitcoin is more and more profitable than holding gold. in previous era people will hold gold for a time and whenever they judge that now gold price is increase then they sale and earned profit in this way but as compare to gold rate of bitcoin is very high and the price is varying and mostly price is increasing so if you hold bitcoin then you can earn enough profit in future by selling your bitcoin.
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October 31, 2017, 12:52:47 PM
 #1286

Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
If we make a comparison in between holding of bitcoin and that of holding of gold, then we’ll observe this thing that holding of bitcoin is far more profitable and beneficial than that of holding of any other thing. Holding of gold is also a good thing but it cannot help you in making any fruitful profit. If you actually want to multiply the amount of money which you have, then you have to go for bitcoin.
When it comes on stability of prices then gold will be somehow have the edge because it doesnt move too big on ranges unlike on bitcoin which the profitability would really be small compared into bitcoin but yet this is far more stronger investment than on bitcoin since it does have a reserve which we can really presume that it wont crash easily.

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October 31, 2017, 01:22:33 PM
 #1287

Nothing seem to be comparable, bitcoin depend on a network, gold simply doesn't, gold exists from thousands of years, Gold at least is legalized by all governments. in other side, bitcoin is a digital currency that can be banned by countries in any day, since governments really don't understand it.
I agree, Bitcoin could be banned by the government at any time,
while gold will continue to prevail,
but before Bitcoin is banned our government should have got the preparation from now on ..
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October 31, 2017, 02:29:57 PM
 #1288

gold has a very high stability for exchange rates have survived for thousands of years and may even remain that way after hundreds of years. indeed the current exchange rate of btc is very high but we can not guess the position of btc tens of years ahead because of its very volatile

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October 31, 2017, 02:32:29 PM
 #1289

I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful

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October 31, 2017, 02:46:58 PM
 #1290

I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
For me,  it depends on how you hold these stuffs. For example, you'd like to hold something for a very long time like 10 -15 years for your son to have something in case you need money since surely gold price won't go down and will never bw worthless unlike bitcoin which has even accepted by some countries. Bitcoin is a good investment but not in a long run since you won't know if it will really be a thing in the future but if it goes well and hold it's value for a very long time then it would be a good thing.
Anyway holding both of would be a better thing to do so that in case one of them lose value then you can use the other in case you need money urgently.
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October 31, 2017, 02:48:33 PM
 #1291

Nowadays it's clearly looks like more people are more focused on bitcoin than gold, because it advantages and its profits are more and more felt by many people in this world. The value that tends to keep increasing from time to time, of course this would be more attractive to many people to invest in bitcoin (holding bitcoin).
That is only one thing for which bitcoin is getting so much fame and praise. When someone is deciding between bitcoin and gold in recent times, they only go for bitcoin. Because it has more profit percentage than any other resourceful thing on this planet with so much ease and short time. So gold is better but bitcoin is best. There is more trending toward bitcoin than gold.
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October 31, 2017, 03:58:01 PM
 #1292

I prefer holding bitcoin rather than holding gold because bitcoin holding results more then fast fluctuating bitcoin properties can be very useful
according to my experience holding bitcoin is so better than holding gold because the rate of bitcoin is increasing very quickly and also the rate of bitcoin is very high as compare to gold so whenever their is small change in bitcoin then you can earn more profit as compare to gold.
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October 31, 2017, 04:06:46 PM
 #1293

I think holding bitcoin and holding gold are equally profitable, because both are valuable things and their value is always up, but bitcoin is better than gold, because bitcoin increases in price faster than gold
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October 31, 2017, 04:57:43 PM
 #1294

No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.
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October 31, 2017, 05:29:55 PM
 #1295

If you hold bitcoins it might get you good profits in the long run like if you get to see the historical data of bitcoin since its inception you will come to know the price of bitcoins has shown a tremendous leap in the crypto market which is clear from the observation as more entrants are entering the bitcoin community every other day  the demand for bitcoins increases and there is good potential for the bitcoins to surpass $10000 in the near future, so if u hold your bitcoins you will be able to earn profits whereas when you hold gold there will not any profit but the value of gold will remain the same as there is pressure in the metal market due to the rise of bitcoins and other cryptocurrencies.

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October 31, 2017, 05:35:53 PM
 #1296

In my opinion, both are profitables, despite I presonally prefer holding Bitcoin. But gold is very valuable too and can't lose its value , so you can't lose if you hold it even for several years, it is even safest than holding BTC.
But making money by holding gold is a bit harder because the gold's price is slow, while btc price keep going up fastly.


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October 31, 2017, 08:34:46 PM
 #1297

almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities

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October 31, 2017, 11:26:23 PM
 #1298

No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.

Actually both sure have risk to take no matter what investment you do there is always some risk to take, if there is no risk then it wont be called as investment. I believe gold and bitcoin can't never be seperated, people will always do both of them since both investment is sure profitable but I think bitcoin has much volatile so of course it has higher risk than bitcoin and it is much more profitable than gold too. So I will choose both to be my investment rather than choose between them
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November 01, 2017, 12:24:20 AM
 #1299

No doubt that Holding of Bitcoin will provide us with more profits than holding gold but gold is more safer than Bitcoin. There is no risk of facing loss while investing in gold as it is the most trusted and traditional way of investment.But due to the volatile nature of Bitcoin there is a risk involved.So according to me it depends.If you are ready to take risk inorder to get profits then you should choose Bitcoin and if you are patient enough and not ready to take risk then you should choose gold.

Actually both sure have risk to take no matter what investment you do there is always some risk to take, if there is no risk then it wont be called as investment. I believe gold and bitcoin can't never be seperated, people will always do both of them since both investment is sure profitable but I think bitcoin has much volatile so of course it has higher risk than bitcoin and it is much more profitable than gold too. So I will choose both to be my investment rather than choose between them
But gold proves thousand years that it was a good investment even our ancestor horde gold because of its value are very rare and I think for the long term invest gold is still good and its value, but no wonder if bitcoin will last for a very long time like gold. But I still hope bitcoin will last longer as we expected it to be.
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November 01, 2017, 12:44:52 AM
 #1300

almost the average person chooses bitcoin due. value of the bitcoin itself.
while gold, this can be used as jewelry and materials / goods for the investment.
yes, it never hurts to be able to make some money easily if kiya able to become a person who can maximize the opportunities
Actually both are good safe haven, the difference is only the movement price. Gold is much more stable than bitcoin, the increasing price is only about 15 % every years. People who always can buy bitcoin at the low price will get maximum profit from it's volatility.
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