The Real Reason to Hold Gold And Bitcoin

[TastyChillySauce00]

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.

Really doubt by looking the current scaling problem, I think that bitcoin is now only matched well to send money but not for real implementation as it should be which is a currency. There's no way people will wait for a confirmation to arrive while a confirmation's average is currently 15 minute/second for recommended fees, can be faster when the fees are increased and slower when reduced.
Let us be honest, bitcoin is failed when it comes to a real transaction which needs short time interval.

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[mkmdoc]

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
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.

Yes, I agree with you bitcoin can easily change the world with the present price but at the same gold is completely different commodity where we can make a little profit from it. In longer run bitcoin will give more profit, but we cannot predict how future is going to be with these.

[roadbits]

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
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.

Yes, I agree with you bitcoin can easily change the world with the present price but at the same gold is completely different commodity where we can make a little profit from it. In longer run bitcoin will give more profit, but we cannot predict how future is going to be with these.

Your last line is 100% correct, and we can not predict the future of the Bitcoin. But at present Bitcoin is a good investment to make money. Gold is also a good investment, but the profit is less it is 100% profit. The thing is if you invest money in gold and wait for the long term the profit margin will not increase more. But if you invest in Bitcoin and wait for the long term you will get more profit.

[jak3]

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

[lionheart78]

The only reason I see is that they are both (gold and bitcoin) a good store of value.  Gold being proven of its value for centuries and Bitcoin for being incline to price appreciation due to its deflationary feature and the possible exponential adoption.  Holding this two only means win win scenario for us due to the huge possibility of price increase after holding for a long time.

[FasTroy]

The only reason I see is that they are both (gold and bitcoin) a good store of value.  Gold being proven of its value for centuries and Bitcoin for being incline to price appreciation due to its deflationary feature and the possible exponential adoption.  Holding this two only means win win scenario for us due to the huge possibility of price increase after holding for a long time.

You are right, Holding both of them, It's one of biggest investment in this world i think.
Both of them are very value, So when you hold them for a long time, automatically the value increase above years. Exactly like alcolic drinks.

[BitMaxz]

The only reason I see is that they are both (gold and bitcoin) a good store of value.  Gold being proven of its value for centuries and Bitcoin for being incline to price appreciation due to its deflationary feature and the possible exponential adoption.  Holding this two only means win win scenario for us due to the huge possibility of price increase after holding for a long time.

Bitcoin can be increase value in the short time unlike gold that it takes yearly before you can the value increase..
in bitcoin you can see the price value can be increase in few days or maybe sooner.due to in demand and supply..because most of the traders are focus in bitcoin if they heard about bitcoin good news it can affect its value and increase fast but if we heard about bad news people are panic sell or convert to other altcoin instead.. that can push the price down..
Gold is one of the good investment for a long time but it takes years to be able to make a good profit just for holding for a long time..
Both of this if you have them you have a chance to make a huge profit and stable profit if you hold them for a long time..

[Cherylstar86]

Well, the main reasons for holding bitcoin and gold is particularly the profit that may gain from it. Both btc and gold is now increasing rapidly of it's price in the market, and since from the beginning gold's price has remarkably uprising as well as bitcoin. Having patience of waiting for so long will not turn out to nothing but rather bring better future to your financial growth.

[emezh10]

Well, the main reasons for holding bitcoin and gold is particularly the profit that may gain from it. Both btc and gold is now increasing rapidly of it's price in the market, and since from the beginning gold's price has remarkably uprising as well as bitcoin. Having patience of waiting for so long will not turn out to nothing but rather bring better future to your financial growth.

Yeah, because for the record the price of those two is increasing and still pumping every year because bitcoin and gold have a better future because more and more people and investors are holding and buying of those two and because of that the value of that two is increasing and increasing.

[Supercrypt]

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 .

Due to the unique features of the bitcoin it have made itself a favorite investment for the investors and as well as for the local community. We cannot use Gold like how we use the bitcoins. It is a new world’s technology.

Gold on the other hand is the most stable metal and is recognized thousands of years and low risk investment and is not in the reach of a common man.

[paycum]

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 .

Due to the unique features of the bitcoin it have made itself a favorite investment for the investors and as well as for the local community. We cannot use Gold like how we use the bitcoins. It is a new world’s technology.

Gold on the other hand is the most stable metal and is recognized thousands of years and low risk investment and is not in the reach of a common man.

Yes not all can afford to invest in gold as they might find it hard and difficult to buy it but with bitcoins they can invest even a small part of their money into and the only drawback with bitcoins at a moment is very few people knows bitcoins but I am sure bitcoin will find many more users and investors in future.

[MingLee]

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 .

Due to the unique features of the bitcoin it have made itself a favorite investment for the investors and as well as for the local community. We cannot use Gold like how we use the bitcoins. It is a new world’s technology.

Gold on the other hand is the most stable metal and is recognized thousands of years and low risk investment and is not in the reach of a common man.

Yes not all can afford to invest in gold as they might find it hard and difficult to buy it but with bitcoins they can invest even a small part of their money into and the only drawback with bitcoins at a moment is very few people knows bitcoins but I am sure bitcoin will find many more users and investors in future.

It's actually not too hard to invest in gold or other precious metals since a lot of producers are now using smaller denominations of PMs. I know of multiple that sell even down to 1g gold pieces, and others sell something as small as 1/10th of a gram of gold, however they're long pieces secured by plastic so it's less of the pure metal and more a decoration piece.
Bitcoin is a great way to have moveable and easily accessible money, wherever you are in the world, however it isn't tangible. Gold serves the same purpose, just opposite properties.

[jorneyflair]

I cannot understand why OP and some people here are assuming that there is only one, real reason why you should hold both gold and bitcoins.
I think that there are many different ones, and the answers are only dependant on the people you ask this question.
It is because that bitcoin may be used for hundreds of purposes, you may go at long-term on it to have some opportunity in saving and multiplying the funds at the same time, or you can buy a lot of gold: to be safe if there will be some kind of a war, or international conflict.

Both of these assets are very good, I think that gold is recommended for securing yourself in danger, and bitcoin can make your future more bright.

[clu00]

You don't even need to buy Gold. I think Silver will go back up again. It's really how you want to diversify your portfolio.

[BobK71]

I cannot understand why OP and some people here are assuming that there is only one, real reason why you should hold both gold and bitcoins.
I think that there are many different ones, and the answers are only dependant on the people you ask this question.
It is because that bitcoin may be used for hundreds of purposes, you may go at long-term on it to have some opportunity in saving and multiplying the funds at the same time, or you can buy a lot of gold: to be safe if there will be some kind of a war, or international conflict.

Both of these assets are very good, I think that gold is recommended for securing yourself in danger, and bitcoin can make your future more bright.

It's not that there's only one reason to hold non-state-issued assets.  I was trying to point out the hidden, fundamental reason why gold and Bitcoin will possibly do well, but at least not do miserably.

There are a lot of things the general public don't understand when it comes to money.  For example, we are on a de facto gold standard, because we never left it, because we can't.  (The real definition of the gold standard is elite suppression of gold prices in currency terms.)

What I try to do is to gain insight into how this system really works, not just take for granted what we're presented by the corporate media and mainstream economists.  For example, any review of the gold standard beneath the surface will totally debunk all of the 'official' explanations of what it was and how it worked.

[Xester]

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.

There are actually countries that has shops accepting bitcoin as a mode of payment in exchange for goods and services. Let us take for example Japan who had made a declaration last April 1 that they will accept bitcoin as a mode of payment. Also let us take into consideration Switzerland who are also accepting bitcoin and thus the number of bitcoin users in those countries are increasing.

[secdark]

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.

There are actually countries that has shops accepting bitcoin as a mode of payment in exchange for goods and services. Let us take for example Japan who had made a declaration last April 1 that they will accept bitcoin as a mode of payment. Also let us take into consideration Switzerland who are also accepting bitcoin and thus the number of bitcoin users in those countries are increasing.

Wow thats good to hear. i havent heard that news but it is a great news to us, it is great news to bitcoin and you are right it would be increase the population of bitcoin, lets hope that most of the country will accept/adopt bitcoin in their country so that we will  get a ton of benefits like now the price of bitcoin is really high

[Xester]

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

Both Gold and bitcoin have their own advantages and strength and that is why their price is increasing. But if we compared the value of gold to bitcoin , bitcoins value is rising faster than gold due to the limited supply and the fast increase rate of the number of users. While gold has more supply and that is why the increase in value is not so fast but rather it is stable. But holding both bitcoin and gold is the best investment that we can do today.

[bitllionaire]

gold is rare in your earth but some imaginary thoughts will be like we find a planet made up of gold anyway bitcoin is being found daily by miners and gold Is being mined by at extremely low rate than bitcoin. bitcoin has surpassed gold's price scale and now its at double higher that gold which makes it more harder to buy and a high risk of being crash, as with gold we are not actually being worried about any crash

Both Gold and bitcoin have their own advantages and strength and that is why their price is increasing. But if we compared the value of gold to bitcoin , bitcoins value is rising faster than gold due to the limited supply and the fast increase rate of the number of users. While gold has more supply and that is why the increase in value is not so fast but rather it is stable. But holding both bitcoin and gold is the best investment that we can do today.

yes that is right we cannot deny the importance of both bitcoin and Gold, i think both play important role in our live. Gold is good for saving as the price of Gold remain as stable while the price of bitcoin is changing from time to time therefore bitcoin is very good for investment, where you can really make good profit.

[xvids]

I think they are both good to invest with and good to hold for a long time,
Both have a good potential to increase in time being.