The Real Reason to Hold Gold And Bitcoin

[Himanshu111]

The real reason to hold gold and Bitcoin are that they are one of the best investment option available out there. Investment in gold and Bitcoin are sure to provide good returns in very little interval of time. But i prefer Bitcoin more because it grows with much faster rate.

[jpouza]

I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.

[Supercrypt]

I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.

Rightly explained. Gold and Bitcoin will never lose its value. There may be ups and down but it cannot go to zero like any flat currency.

We have seen many currencies which existed but were withdrawn and has no value now. Another scenario: country A invades country B (it really happened when Iraq invaded Kuwait during Saddam) and declares B's currency illegal. But it will be hard to control gold or bitcoin as it will be accepted everywhere else even if it is dissolved in any country.

[TastyChillySauce00]

I think the real reason to hold is the future, there are many countries with economic and social problems, bitcoin does represents how the transactions will be made in the near future, it is really amazing too see how somebody developed such mechanism, genius I would say, that is the perfect word.

Also important to say, the limited BTC supply means that now is the moment to grab some.

Rightly explained. Gold and Bitcoin will never lose its value. There may be ups and down but it cannot go to zero like any flat currency.

We have seen many currencies which existed but were withdrawn and has no value now. Another scenario: country A invades country B (it really happened when Iraq invaded Kuwait during Saddam) and declares B's currency illegal. But it will be hard to control gold or bitcoin as it will be accepted everywhere else even if it is dissolved in any country.

Sounds right indeed, but, there's a time for both gold and bitcoin to lose its value. Just for example, if this world happens to have some sort of food crisis, people will really prefer the food instead of gold, therefore gold loses its value. Same goes to bitcoin, if there's no demand anymore because another advanced technology have been developed to fight against bitcoin and the bitcoin itself become obsolete, people will lose their interests. Rest assured that everything always has its end and that's all matter of the time. Though, just in my opinion that within few years, those things you mentioned aren't going to lose its value.

[Duzter]

Each has got different reasons on holding gold as well bitcoin. In my opinion most of the users hold gold for the security reason and bitcoin for the high profitability which you cannot get with any of the other investment or multiplying schemes.

[yatogami]

my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.

[Omega Weapon]

my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.

True, the supply of gold is basically unlimited, while there is only so much gold in the earth and depending on the price of gold it may be worth to extract it or not, the truth is gold is all over the universe so even if gold is rare, there is enough gold in the universe to make it common for our needs, unlike bitcoin which is limited in quantity from the beginning and unless the devs change the code the hard limit of bitcoin will continue.

[Afnan_faizah]

my reason to hold bitcoin more than gold, bitcoin supply is limited just 25mil and gold supply dont anybody know, and bitcoin price is fuctuative and in my prediction in few years again bitcoin price is to the moon.

But the value of them are always increase. Anyway,  gold has the lower risj than bitcoin but its value is increase 10 -  20% every year aproximately. But bitcoins value could rise more than 100%.

[arcanayou]

There is no good reason if we want to hold gold, not profitable in my opinion, even though the price is up about 10% every year, but if inflation is also high eg about 7%, our profit is only 3%, very small. Different from bitcoin, although the risk is bigger but the profit is very big too

[Sir Legend]

I hold both because both are profitable, investments should be diverse and I choose the gold and bitcoin because both proved most profitable, for long-term gold is very good, and bitcoin is amazing.

[Kisanaq]

I think because this investment 2 (bitcoin and gold) is the most promising investment profits in the future, I'm sure both will survive and always a profitable investment than others.

[yellow1]

I think both of this is a good investment. If we hold gold and bitcoin we can earn a good profit, and they have a future. Because gold is its prices is increases and it has maintain its value. While bitcoin has a future and earn good profit. Both of this is a good investment and the price may increase. Both are a value and each have an advantages and benefits and they have a future. Both are a profitable and safe to hold. Both is for our savings and this very exciting investment opportunity. And bitcoin is most popular than gold to people and to investors.

[Salazarian]

I think both of this is a good investment. If we hold gold and bitcoin we can earn a good profit, and they have a future. Because gold is its prices is increases and it has maintain its value. While bitcoin has a future and earn good profit. Both of this is a good investment and the price may increase. Both are a value and each have an advantages and benefits and they have a future. Both are a profitable and safe to hold. Both is for our savings and this very exciting investment opportunity. And bitcoin is most popular than gold to people and to investors.

yes there is no doubt that both are good, some people like Gold for saving their assets, because they consider bitcoin as one of the safe place to put their money, while some people want to earn more and more money the they are economist and they want to increase their assets and in modern time they consider bitcoin on of the best place for investment, from where they can get more income beyond their expectation. and also consider bitcoin as the most safe place for investing their money.

[whizter]

I think both of this is a good investment. If we hold gold and bitcoin we can earn a good profit, and they have a future. Because gold is its prices is increases and it has maintain its value. While bitcoin has a future and earn good profit. Both of this is a good investment and the price may increase. Both are a value and each have an advantages and benefits and they have a future. Both are a profitable and safe to hold. Both is for our savings and this very exciting investment opportunity. And bitcoin is most popular than gold to people and to investors.

i think gold is not an old concept, people interest is now decreasing there, because there are very little chance to get profit from gold because we can expect a very small chance in the price of gold, therefore i think now people want to invest money in bitcoin, from where they have more chance to make more money depending their investment, experience and knowledge.

[hello_good_sir]

Completely agree with OP.

Gold and bitcoin in my opinion are all extremely long term and safe bets. They share many similar characteristics as well which i think really makes bitcoin special in a way that no other fiat currency can ever be. For example, the ability for gold and bitcoin to both not be able to abused by power and money hungry politicians to print more of it with close to 0 cost, the trust that they all have in their respective communities, and in bitcoin's case, you can transfer bitcoins across the world with a $2 fee, which is quite high actually compared to normal fee levels but still cheap.

Bitcoin is emerging as the "digital gold". We've seen e-gold and now c-gold trying to do this, but both failed either getting shut down by the government or a lack of popularity because they're not decentralized and ultimately, nobody can prove that they actually hold the gold. Bitcoin solves all these problems.

[Kyraishi]

Holding for the long term is the safest strategy, but probably not the most porfitable strategy.

If you are willing to take a little risk with short term trading then you can make way better profits with bitcoin than with gold because bitcoin does fluctuate a lot more than gold on a daily basis. $100-200 gains in a day with bitcoin is actually quite common. If you can manage to roughly get your average buy rate under your average sell rate then you are able to make a decent chunk of coinage.

This is only recommended though if you are an experienced trader with at least 5 BTC capital. If not, it's best to as OP said hold bitcoin for the long term as well as some gold, wait for the economic collapse/hyperinflation and you'll be able to liquidate yoru bitcoins for much more.

[v0rtecxz]

Most people keep their bitcoin and gold for the long term, because the price will be very profitable in the future, can be seen now the use of bitcoin is very much, and the market demand for bitcoin continues to increase, and in terms of its use is also very practical can be used where Just as long as it is connected to the internet network, gold is the same thing it can be a very lucrative investment for the long term

[Baby Dragon]

Rarity is the real reason why to hold Gold.  And the deflationary feature why to hold Bitcoin.  Both of these feature gives each items an increasing value overtime.  This is enough reason to hold Bitcoin and gold specially to those who is not familiar with day trading.  This will serve as an investment that will give us profit in the long run.

Precisely, the real reason why they hold the gold and bitcoin because it has value that increase day by day. Furthermore, most of people especially keep their bitcoin and gold for a long time because there’s a possibility that the price of bitcoin and gold will rapidly increasing in the near future. Holding bitcoin and gold is a nice strategy you want a high income.

[bit1]

Rarity is the real reason why to hold Gold.  And the deflationary feature why to hold Bitcoin.  Both of these feature gives each items an increasing value overtime.  This is enough reason to hold Bitcoin and gold specially to those who is not familiar with day trading.  This will serve as an investment that will give us profit in the long run.

Precisely, the real reason why they hold the gold and bitcoin because it has value that increase day by day. Furthermore, most of people especially keep their bitcoin and gold for a long time because there’s a possibility that the price of bitcoin and gold will rapidly increasing in the near future. Holding bitcoin and gold is a nice strategy you want a high income.

That's how it is guys, both have rarity and  there is not much availability and if that is added its use, all this creates an increase in demand causing an increase in prices, to this it adds what the OP says:  the elites will try to suppress non-state assets, but won't kill them, even when given a chance.  In the long run, this presents something like a one-way bet for these assets, at current prices.

[shayshaylaboogie]

Holding for the long term is the safest strategy, but probably not the most porfitable strategy.

If you are willing to take a little risk with short term trading then you can make way better profits with bitcoin than with gold because bitcoin does fluctuate a lot more than gold on a daily basis. $100-200 gains in a day with bitcoin is actually quite common. If you can manage to roughly get your average buy rate under your average sell rate then you are able to make a decent chunk of coinage.

This is only recommended though if you are an experienced trader with at least 5 BTC capital. If not, it's best to as OP said hold bitcoin for the long term as well as some gold, wait for the economic collapse/hyperinflation and you'll be able to liquidate yoru bitcoins for much more.

Gold is very hard to beat, even if bitcoin reaches high prices, and that is due to the fact that bitcoin has an unstable market value and is kind of risky to put a lot of money into (you should only invest money you can afford to lose ), unlike gold which has been around since the dawn of time. Good will always be the superior safe haven asset, because it is stable, but I think it depends on the person, essentially, how long they are willing to wait for their projected growth.