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Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674528 times)
bouren
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April 26, 2017, 05:14:56 PM
 #161


i think the best investment for now , bitcoin .. i see bitcoin from 2014 and now 2017 , the price is very shocked . . and many more country accept this bitcoin ,, more reason i have why must hold bitcoin Cheesy
Although fluctuating , but i believe bitcoin can success better than gold ..

No doubt! Bitcoin potential cannot be substituted by any other metal or stock investment. The prices of Bitcoin are directly related to its demand which is increasing day by day, year by year and will be on same trend even after 5 or 6 years or more.
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April 26, 2017, 05:36:45 PM
 #162


i think the best investment for now , bitcoin .. i see bitcoin from 2014 and now 2017 , the price is very shocked . . and many more country accept this bitcoin ,, more reason i have why must hold bitcoin Cheesy
Although fluctuating , but i believe bitcoin can success better than gold ..

No doubt! Bitcoin potential cannot be substituted by any other metal or stock investment. The prices of Bitcoin are directly related to its demand which is increasing day by day, year by year and will be on same trend even after 5 or 6 years or more.
No its not bitcoin will be as new as our technology making the world better. Its about the volume of bitcoin why the price increasing day by day but doe not mean bitcoin will be rapidly increasing and will never face dumping at all.
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April 26, 2017, 06:41:04 PM
 #163

i think the best investment for now , bitcoin .. i see bitcoin from 2014 and now 2017 , the price is very shocked . . and many more country accept this bitcoin ,, more reason i have why must hold bitcoin Cheesy
Although fluctuating , but i believe bitcoin can success better than gold ..
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 risky to put a lot of money into, unlike gold which has been for many years the go to for people who want to save a large amount of money while letting it grow, because it is stable, but I think it depends on the person whether they are willing to wait for a long-time ore for a short time.

But for those who like to take a bit of risk and want to make money in a short period of time, bitcoin is perfect for an additional investment cell.
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April 26, 2017, 08:10:26 PM
 #164

i think the best investment for now , bitcoin .. i see bitcoin from 2014 and now 2017 , the price is very shocked . . and many more country accept this bitcoin ,, more reason i have why must hold bitcoin Cheesy
Although fluctuating , but i believe bitcoin can success better than gold ..
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 risky to put a lot of money into, unlike gold which has been for many years the go to for people who want to save a large amount of money while letting it grow, because it is stable, but I think it depends on the person whether they are willing to wait for a long-time ore for a short time.

But for those who like to take a bit of risk and want to make money in a short period of time, bitcoin is perfect for an additional investment cell.

Exactly bitcoin allows people to make profits in short term due to its price volatility which may be never possible with gold as to make profits from gold you need to hold it for a very long time and not all have that patience to hold it longer to make profits from it.
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April 26, 2017, 10:17:57 PM
 #165

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better long term investment as it is not as Volatile and Gold is a limited resource.
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April 26, 2017, 10:20:15 PM
 #166

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better investment as it is not as Volatile and Gold is a limited resource.

I agree with you . Bitcoin is currently used more for investment. People save more bitcoin for profit. Bitcoin is a short way for an investment. While gold should have a long time if you want to be invested.
hase0278
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April 26, 2017, 11:29:43 PM
 #167

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better investment as it is not as Volatile and Gold is a limited resource.

I agree with you . Bitcoin is currently used more for investment. People save more bitcoin for profit. Bitcoin is a short way for an investment. While gold should have a long time if you want to be invested.
That's why its better to hold both, holding bitcoin for short term investment, selling when price is high and buying when price is low, and holding gold to secure some wealth for the future. The good thing in investing in gold is that it is stable and climbs up not that often while bitcoin have a bull market going up and down almost every week or month. The real reason for holding both is that one can profit by just holding them and that's it.
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April 27, 2017, 12:59:34 AM
 #168

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better investment as it is not as Volatile and Gold is a limited resource.

I agree with you . Bitcoin is currently used more for investment. People save more bitcoin for profit. Bitcoin is a short way for an investment. While gold should have a long time if you want to be invested.
That's why its better to hold both, holding bitcoin for short term investment, selling when price is high and buying when price is low, and holding gold to secure some wealth for the future. The good thing in investing in gold is that it is stable and climbs up not that often while bitcoin have a bull market going up and down almost every week or month. The real reason for holding both is that one can profit by just holding them and that's it.
To get the best result from bitcoin, it is advisable to hold your bitcoins for long term and not short term because in short term, you might get some profits but it is not that maximized profit because it is just for short term while long term will be the best for you to earn and maximize your profit because in the long term trend, the price is always going up and its been tripled since the price last year.
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April 27, 2017, 01:09:08 AM
 #169

Every investment have some risks, nothing is 100 % safe. For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, the price of bitcoin is rising so take advantage of the price increase by taking advantage of selling it now and buying back then holding. each investement have of the risks it's true but how we manage the investment lowers the percentage of risk.
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April 27, 2017, 01:30:03 AM
 #170

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better long term investment as it is not as Volatile and Gold is a limited resource.

In my view gold doesn't seem to be an limited source, because it is a commodity which we get from earth. On exploring it can be found more but it seems a rare metal to be got. This makes it more valuable and less volatile. It too has grown from bottom as our bitcoin, but it took years to achieve the same. This is the reason why gold is preferred by common users.

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April 27, 2017, 12:06:05 PM
 #171

Every investment have some risks, nothing is 100 % safe. For now hold bitcoin is very risky, the price is too high make you have to keep alert for the fall of its value, the price of bitcoin is rising so take advantage of the price increase by taking advantage of selling it now and buying back then holding. each investement have of the risks it's true but how we manage the investment lowers the percentage of risk.
The value only decrease when Bitcoin can not adapt the people and the demand of Bitcoin does not high as it used to before. However, it seems that people are very very happy while using Bitcoin at the moment so there is no evidence that it can be drop Wink

None of the above
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April 27, 2017, 05:01:11 PM
 #172

You should hold gold because it's is accepted worldwide and exists from years .
While Bitcoin if accepted in your country you should hold because it has the decentralised feature where no one controls it .
 

I've never seen a shop in my life that accepts gold.
On the other side I've seen quite a few that accept bitcoin.

So you got these two messed up.
It is because every currency bill that is when issued by a government some part of it is kept as reserves in the form of Gold. The bill that you pay is basically secured by gold. This is the reason that the currency notes are more commonly acceptable than that of a bitcoin.

Though no regular dealing is made in gold between the buyer and seller but it has a history. The bitcoin is not even known by many of the countries. It may be acceptable in some parts of the world.
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April 27, 2017, 05:33:24 PM
 #173

The reason why gold hard to hold here in my country is luck of gold and hard to find gold that is why more people are choosing bitcoin currency for they to easy invest or into trading such as alternative coins bitcoin has easy way to create transaction whenever you are or what you are doing in it.
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April 27, 2017, 05:42:18 PM
 #174

The reason why gold hard to hold here in my country is luck of gold and hard to find gold that is why more people are choosing bitcoin currency for they to easy invest or into trading such as alternative coins bitcoin has easy way to create transaction whenever you are or what you are doing in it.

I thought the opposite with gold there are no problems and it is more affordable, and bitcoin as a complementary opportunity to invest.
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April 27, 2017, 08:19:28 PM
 #175

Both bitcoin and gold is a good investment, but gold is more stable and more suitable for a long term, while bitcoin is more suitable for short term, and real reason to hold bitcoin is to beat inflation, as we know if we invest our money in fiat then every year our investment value is going down but bitcoin wont be influence by inflation

There is absence of inflation when it comes to investing money in bitcoins and even the price of bitcoin keeps on appreciating over a period of time and that makes it really attractive investment and you can also get benefits from it in short term which is totally missing in gold.
The inflation can be noticed in the price of the bitcoin. Gold is a very stable asset and is favorite of the long term investors from ages while the bitcoin is also a very favorable investment because of its characteristics. It also provides more opportunities to add value to you your worth and earnings. Gold can only be helpful if you store it for certain period of time and then sell it.
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April 28, 2017, 01:45:10 AM
 #176

To get the best result from bitcoin, it is advisable to hold your bitcoins for long term and not short term because in short term, you might get some profits but it is not that maximized profit because it is just for short term while long term will be the best for you to earn and maximize your profit because in the long term trend, the price is always going up and its been tripled since the price last year.
There is no such thing as bitcoin price always going up even in the future since there will always be times that bitcoin price will go down and I think holding bitcoin for long term will not get one the best result in investing in bitcoin. As long as one sells and re-buy back at a good point, one can maximize profit that can be gained through bitcoin which might give them the best ever possible profit they can make out of bitcoin.
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April 28, 2017, 07:40:36 PM
 #177

I think both gold and bitcoin can be good long term investments as well as some altcoins. It's also good to diversify and a little of each.
In current situation of the bitcoin it can be termed as the digital gold because I don’t see any other altcoin to beat the bitcoin. As both are considered as assets so both are good for a long term investment.

Yes, some altcoins can also be helpful but the altcoin are not that stable as compare to the bitcoin. I don’t see any other altcoin with such a good graph that we have of the BTC.
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April 29, 2017, 06:14:10 AM
 #178

I think both gold and bitcoin can be good long term investments as well as some altcoins. It's also good to diversify and a little of each.
In current situation of the bitcoin it can be termed as the digital gold because I don’t see any other altcoin to beat the bitcoin. As both are considered as assets so both are good for a long term investment.

Yes, some altcoins can also be helpful but the altcoin are not that stable as compare to the bitcoin. I don’t see any other altcoin with such a good graph that we have of the BTC.
You should be open minded in investing, do not depend on just one investment like bitcoin, you need to expand your capability to have a higher chance of getting more profits. There is a lot of altcoins that have a lot of potential that can be the next bitcoin, do your own research and after that you will realize that it is true that there is a lot of altcoins that have potential.
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April 29, 2017, 06:36:46 AM
 #179

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better investment as it is not as Volatile and Gold is a limited resource.

I agree with you . Bitcoin is currently used more for investment. People save more bitcoin for profit. Bitcoin is a short way for an investment. While gold should have a long time if you want to be invested.
Yes holding gold is profitable and it is for long term investment although it takes time to earn, you have assurance that you will gain from it because the value of gold is increasing as time goes by. on the other hand btc is like digital gold, investing in it is also profitable but it has risk.

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April 29, 2017, 09:52:12 AM
Last edit: May 01, 2017, 08:24:45 AM by Fireblade
 #180

At this time Bitcoin is not being used as a currency. People aren't buying goods with it. They are either hoarding it or using a portion to invest in alts. If anyone is using Bitcoin to buy goods it's a small percentage. Gold will always be a better long term investment as it is not as Volatile and Gold is a limited resource.

no i think in present time people are already using bitcoin for buying goods, both from online and offline shops, specially in modern areas, where people have more facilities of using internet and computer. i think now even in backward countries, people have the facilities of using computer and internet, therefore bitcoin is becoming more popular in all over the world, as i think even in Afghanistan people have all kind of facilities there as i personally visited there for so many times.
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