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Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674464 times)
HasHe
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June 20, 2017, 10:58:33 AM
 #341

People all over the world have been saving gold for its high value.Also,it could be used as an ornament,a symbol of status.It could be sold out for cash in desperate need for money.It has been saved for centuries.But now people have found another asset,digital gold,which is bitcoin.It has given huge returns to its investors.Since it works on a safe block chain system,investments are safe.Also,it could be immediately sold for cash.
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June 20, 2017, 11:03:56 AM
 #342

I would rather invest my money to buy a house and land.
Because the price never goes down and keeps going up.
It depends on what you are going to do with your property and land. Will you rent it out and gain yourself a decent form of passive income every month, or is it just a buy now and sell later object?

In both cases you'll need a serious amount of patience, or in the latter case, a serious amount of luck in the way that you managed to acquire the property at a significant discount rate.

At the end, one thing both options have in common, is that it isn't a hassle free way of investing. Bitcoin and gold are just assets you buy, let them appreciate in value, and sell them if you so wish ~ that's basically it.

BSV is not the real Bcash. Bcash is the real Bcash.
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June 20, 2017, 11:06:21 AM
 #343

People all over the world have been saving gold for its high value.Also,it could be used as an ornament,a symbol of status.It could be sold out for cash in desperate need for money.It has been saved for centuries.But now people have found another asset,digital gold,which is bitcoin.It has given huge returns to its investors.Since it works on a safe block chain system,investments are safe.Also,it could be immediately sold for cash.

That's assuming had right buyer, right now even localbitcoins has huge problems in dealing with disputes
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June 20, 2017, 11:08:16 AM
 #344

Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.
Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.
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June 20, 2017, 12:46:31 PM
 #345

Real reason to hold bitcoin and gold.
I am not very interested in holding it.
I am more interested in holding ground or building houses.
Where the price continues to rise and certainly will not experience losses such as bitcoin or gold.
Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.
Real estate investment is only good for long term because you can't sell it anytime you want so we should just buy real estate if we want to have an asset for long term and we should save first before investing in something. Bitcoin and gold is good for either short term or long term because they are easy to sell and they are very good in price movement and they are most moving up so it is good for people who wants price appreciation even faster.
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June 21, 2017, 06:43:36 AM
 #346

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.
It is really strange to hear that the price of bitcoin runs on faith. Cheesy How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.
Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.
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June 21, 2017, 06:58:12 AM
 #347

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.
It is really strange to hear that the price of bitcoin runs on faith. Cheesy How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.
Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.
That's true. As we can see that Bitcoin price is constantly on the rise. We can't the neglect the potential of Bitcoin any way. We recently have been hitting ATH’s (All Time Highs) regularly. If you can invest the amount that you can afford to lose, otherwise when considered for a long term Bitcoin price will surely rise.

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June 23, 2017, 06:04:10 AM
 #348

The reason is bitcoin and gold has a profitable. And it has a chance the price is high and earn double. Both are the best and good in investment and have a future from bitcoin and gold. The price of gold is volatile in the short term it always maintain its value in long term. Bitcoin is most popular currency. Holding gold and bitcoin is a good choice to make investment. This both is trusted in an investment. You don't need to worry to invest and it s surely. I believe in bitcoin because of its value. Bitcoin is a good investment and it has a future and why we hold bitcoin.
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June 23, 2017, 12:36:35 PM
 #349

Buying tracts of land is ok, but it is not as liquid as bitcoin and gold. It takes a lot of time to find a seller and eventually sell the land title. I think the same can be said of flipping houses, unless you are a very good broker. But no doubt about real estate being a good investment because it appreciates in value over time, although not in the same phase as the rise in price of bitcoin.

Keep in mind that most perfectly good residential land in the West is banned by law or regulation from real estate development.  The purpose of these laws and regulations is to prop up the value of existing real estate.  Real estate is a big part of the support for the dollar-based system.

What the law gives, it can take away.  When the financial system comes crashing down, one of the options open to the elites will be to back their money with land.  This happened in the 1920s when the Weimar Republic of Germany issued a land-backed 'Rentenmark' to stop the hyper-inflation of the old mark, successfully.  It will greatly increase the value of the government's land holdings, used to back the dollar, if it deregulates at that point (the reason being a love of free markets!)

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June 23, 2017, 12:42:28 PM
 #350

Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.

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June 23, 2017, 01:56:51 PM
 #351

The reason is bitcoin and gold has a profitable. And it has a chance the price is high and earn double. Both are the best and good in investment and have a future from bitcoin and gold. The price of gold is volatile in the short term it always maintain its value in long term. Bitcoin is most popular currency. Holding gold and bitcoin is a good choice to make investment. This both is trusted in an investment. You don't need to worry to invest and it s surely. I believe in bitcoin because of its value. Bitcoin is a good investment and it has a future and why we hold bitcoin.
totally agree with you both are good for investment if you invest money in bitcoin its good bitcoin give you double profit in short time bitcoin having volatile its value volarility is good for investor to gain more profit. If we say about investment in gold it will be also good because gold have not decrease thier value in short time its take long time in profit. There fore as you say don't worry for investment  in gold or bitcoin they both are good for investment  tou can gain good profit in both investment.

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June 23, 2017, 02:30:10 PM
 #352

Gold was already ancient, while bitcoin is not. But I will still go for the bitcoin rather than Gold, because of the volatility,  and unique advantage
of bitcoin such as the features of it like security, decentralization, assets/investment and many more.

Being an ancient is not means that gold will become trash. Gold is become the main investment since old times, in the other hand bitcoin is still "new" but the price is prove us that bitcoin can be the next gold. Actually i really agree on OP said but it's an old system though.
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June 23, 2017, 02:35:12 PM
 #353

Bitcoin and gold should not be compared. They are different in many aspects. Bitcoin like any other currency runs on faith. There is nothing wrong in that too. All the present currencies be it fiat or virtual have value only because people have faith in them. Regarding that UASF drama. We should wait to see the result.
It is really strange to hear that the price of bitcoin runs on faith. Cheesy How do you establish this faith and how can a faith could increase the price of bitcoin or other currency,we have these scaling drama because it is a decentralized platform and no single entity could take the decision.

Bitcoin or Gold both are best stock in the world as much knowledge. Price is bump and dump will changes consistently, if bitcoin adopted in as technology or in finance wise. We will see bitcoin is like gold in some years as gold. Many banks will start bitcoin to sell for fiats.
Yes, you are very much true that people are still holding their bitcoin just because of its highly increasing prices. And still there is a huge possibility that some day bitcoin and gold will touch its most high price in today world. Gold is not so much popular for its price but bitcoin is no doubt has the largest price of its range and according to some thoughts they both bitcoin and gold are a good store value. Gold been protect its value for centuries and bitcoin now for being include to price appreciation because of deflationary feature and extra exponential adoption holding this two are secure your future.
That's true. As we can see that Bitcoin price is constantly on the rise. We can't the neglect the potential of Bitcoin any way. We recently have been hitting ATH’s (All Time Highs) regularly. If you can invest the amount that you can afford to lose, otherwise when considered for a long term Bitcoin price will surely rise.
But looks that the fud has come and that makes a lot of traders feeling panic to sell his bitcoin and driven the price down, and they are forget about the potentially of bitcoin itself then try to sell more and shaken their hand.
Long term is the best method to take opportunity in bitcoin

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June 23, 2017, 02:46:48 PM
 #354

The real reason is that they have limited supply, and people want them. (people may not want bitcoin in the future btw) People always want gold and they want to gather as much as possible in their lifetime. It is the only solid asset which holds its true value through the centuries.
Well, there are many reasons why some people hold bitcoin and gold. Some people hold their bitcoin and gold because there’s a possibility that the price of bitcoin and gold will increase in the near future. Also holding is a nice strategy if you want to gain much income.Lastly, Bitcoin and gold is very profitable.



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June 23, 2017, 02:52:26 PM
 #355

Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.
well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.
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June 23, 2017, 03:01:19 PM
 #356

Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.
well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.
I also feel that it would be pretty smart to have both Bitcoin and Gold because the two is has a demand right now. I know of a bunch of musicians that really want Gold and there's a bunch of nerds/investors out there that really want Bitcoin, so having both is a very wise choice.


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June 23, 2017, 03:02:58 PM
 #357

The reason is bitcoin and gold has a profitable. And it has a chance the price is high and earn double. Both are the best and good in investment and have a future from bitcoin and gold. The price of gold is volatile in the short term it always maintain its value in long term. Bitcoin is most popular currency. Holding gold and bitcoin is a good choice to make investment. This both is trusted in an investment. You don't need to worry to invest and it s surely. I believe in bitcoin because of its value. Bitcoin is a good investment and it has a future and why we hold bitcoin.
totally agree with you both are good for investment if you invest money in bitcoin its good bitcoin give you double profit in short time bitcoin having volatile its value volarility is good for investor to gain more profit. If we say about investment in gold it will be also good because gold have not decrease thier value in short time its take long time in profit. There fore as you say don't worry for investment  in gold or bitcoin they both are good for investment  tou can gain good profit in both investment.
Yes, profit is the main reason for us to hold gold and Bitcoin. Many people say that gold is old but it has existed for a very long time, and it has proven its worth and capacity, although it is no longer so attractive at the moment but it still has a place in the ideal investment choice, gold is safe and reliable in the long run. With bitcoin, I have nothing to say, this is really a potential investment place and can grow stronger in the future, we can see the value of Bitcoin increased in recent years and bring a huge source of profits for those who trust and invest in it

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June 23, 2017, 03:25:30 PM
 #358


Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.

well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.

yes you are right gold and bitcoin both are very important for long term investment because the value and price of both bitcoin and gold is very high and with the passage of time its price and value is increasing, so i think those people who will have both bitcoin and gold in future they will be very fortunate.
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June 23, 2017, 07:08:04 PM
 #359


Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.

well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.

yes you are right gold and bitcoin both are very important for long term investment because the value and price of both bitcoin and gold is very high and with the passage of time its price and value is increasing, so i think those people who will have both bitcoin and gold in future they will be very fortunate.
but to me I think only bitcoin is enough for long term investment, because dollar has a very stable price and its price can increase very slightly, while the price increasing ratio of bitcoin is too much high and therefor I think investing in bitcoin can be more profitable. in present time most of the investors have the only strategy and that is to  hold bitcoin and not to sell it in present position.
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June 23, 2017, 08:16:18 PM
 #360

Bitcoin and gold are the best investments in the modern world. You need to use both options to avoid losing money and making more profit.
well if you are thinking for a long term investment this two assets are the best to hold as the value will possible to keep rising and rising from time to time, there's some fluctuations and downfall but for sure the value will survive and its bring big fortune in returned.

I always thought that mostly gold used as jewelry, and gold bar for investment. Diversify investment into bitcoin and gold is a good decision as both of it has some advantages to cover each other disadvantages, more or less.
People could store both of it in secret which no one knows about your savings, the best things to avoid taxes  Grin
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