The Real Reason to Hold Gold And Bitcoin

[richardsNY]

gold bar for investment.

That's in case you are looking to physically own the gold. In most cases investors tend to go with paper gold, or other types of financial instruments where they benefit basically in the same way, but then without actually owning it. I personally would never make use of any of the latter menrioned options as I prefer to be the sole owner of what I own. I don't need a worthless piece of paper telling me that I own x amount of gold -- it's meaningless.

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.

If you say so, what are the main advantages of gold that will make up for Bitcoin's 'shortcomings'?

[Kevin77]

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 

After getting introduced into bitcoin investments, honestly I am completely forgetting about diversifying my investment funds, because I could not find the any alternative which are as good as how bitcoin investments are performing for our money. That must be the reason why I am investing only with bitcoin and not at all thinking about gold kind of any other investment opportunities.

[wallstone]

The real reason to hold Gold and Bitcoin is human tendency to secure future or to fulfill security needs compromising present.
Due to sky-rocketing inflation, mere savings won't gonna help developing capital for person. Certain contingencies like accident, etc can shake the entire budget of individual. Hence, to stabilize one's financial position and to give catalyst impact to savings, person goes for investment in gold and bitcoin.

There many are reasons why people hold their bitcoin and gold. The real reason why people hold their bitcoin and gold because there is a possibility that the price of bitcoin and gold will increase day by day in the near future furthermore, they hold it gets more income and holding is best strategy if you want to a high income.

[0Pirats0]

Yes, you need to keep both gold and bitcoin. Gold will be good for a long period and in case of collapse, and with bitcoin you can quickly make a profit and make purchases through the Internet.

[Omega Weapon]

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.

It does not matter if gold is an old system to try to keep inflation at check, the most important thing is that it works, however we know government have cheated that system for a very long time, this is not possible with bitcoin, since everyone will know if someone attempted to change the code to eliminate the 21 million bitcoins cap, and no one will allow it.

[PokerFace3]

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

I think saying that the gold is no more attractive for the investors is not right.
The gold has proven itself at every time of the age people still believe more in gold than the bitcoin and the truth is that the bitcoin can never take the place of the gold though many of the individuals are showing interest in the Bitcoin but when it comes to the countries they still keep gold as a wealth reserves not the bitcoin.

[CoinFoxs]

Answer is clear people hold bitcoins for profit purpose and in case of gold, people hold gold just for the purpose it will help them in future when they are going through financial crisis.

[lixer]

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.

The gold is the asset that is acquired by the rich people from ages it has a history and it is a symbol of wealth. The bitcoin on the other hand is very much young compare to the gold but is considered as a digital asset and I am sure a time will come when the bitcoin will be a wealth symbol.

[Sled]

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.

The gold is the asset that is acquired by the rich people from ages it has a history and it is a symbol of wealth. The bitcoin on the other hand is very much young compare to the gold but is considered as a digital asset and I am sure a time will come when the bitcoin will be a wealth symbol.

Even though bitcoin is still younger compare to gold, it has more potential than gold because just look at its price then you can see a huge price pump in bitcoin while in gold it is just stable on its price and just getting a fewer gains rather than bitcoin which is not that satisfied for me. Bitcoin is more on a good asset to hold for long term while gold is just for rich to preserve their money.

[Lagduf]

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.

The gold is the asset that is acquired by the rich people from ages it has a history and it is a symbol of wealth. The bitcoin on the other hand is very much young compare to the gold but is considered as a digital asset and I am sure a time will come when the bitcoin will be a wealth symbol.

Are you forgetting if the gold as a real commodity since long time ago? It's not a symbol of wealth but as the value of the art.

Bitcoin to make a solution for the digital problem. But the more people know it as investing place. I'm not sure about your opinion.

[Bunsomjelican]

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.

I do agreed that they have limited supply and I knew people want them. But I beg to disagree that in the near future people may not want bitcoin. Its a big no! instead, sooner or later people will realize how bitcoin is really a good thing to have it. and we know how  popular it is now.

[batang_bitcoin]

Answer is clear people hold bitcoins for profit purpose and in case of gold, people hold gold just for the purpose it will help them in future when they are going through financial crisis.

No any other reason why we are holding bitcoin and gold. As if a holder will say that he believes on this crypto because he is advance thinking that bitcoin is going to be a good addition to his portfolio and that will bring him profit. Same thing with gold.

[Fireblade]

Answer is clear people hold bitcoins for profit purpose and in case of gold, people hold gold just for the purpose it will help them in future when they are going through financial crisis.

yes that is right I also do not think that there may be any other reason to hold bitcoin. in fact every one is too much expecting from bitcoin that its price will increase and that make people more confident to invest more money in bitcoin.

[Kriptex]

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'm holding these two because of the reason you mentioned above. To reduce risks and resist against inflation effect.

[Superzpay]

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.

It does not matter if gold is an old system to try to keep inflation at check, the most important thing is that it works, however we know government have cheated that system for a very long time, this is not possible with bitcoin, since everyone will know if someone attempted to change the code to eliminate the 21 million bitcoins cap, and no one will allow it.

Bitcoin is known as crypto currency which is increasing day by day.like take an example of Gold too it is also decreasing and increasing day by day.so people are holding bitcoins and Gold for future consumption. But I will not go for to hold gold because the fluctuations in gold is very lower than the fluctuations in bitcoin. Bitcoin give me a higher profit if I do trade in bitcoin.

[Clement Kaliyar]

I am holding some gold jewellery ,does that counts.  to be frank i hold more gold in jewellery than i hold bitcoin, i have a diversed portfolio when it comes to crypto currency,the topic should be the reason to hold gold and crypto currency.  With everything said and done i do invest in all the alts just to convert it to bitcoin at a later time.

[BobK71]

Money is not really based on supply and demand, but on political power and banking manipulation, in the modern world.

If something will benefit the political and banking elites, they will promote it and it will do well.  It's that simple.

Most of the comments above (thank you for taking the time, BTW) are focused on supply and demand, while my original post was based on politics.

If you doubt the power of politics, just look at silver.  It's easy to argue silver is a better money than gold, but because Britain didn't have it, and it was a British world in the 1860s, all major countries promoted gold, and silver has been on the outs to this day.

[OROBTC]

Money is not really based on supply and demand, but on political power and banking manipulation, in the modern world.

If something will benefit the political and banking elites, they will promote it and it will do well.  It's that simple.

Most of the comments above (thank you for taking the time, BTW) are focused on supply and demand, while my original post was based on politics.

If you doubt the power of politics, just look at silver.  It's easy to argue silver is a better money than gold, but because Britain didn't have it, and it was a British world in the 1860s, all major countries promoted gold, and silver has been on the outs to this day.

Well, FOFOA would say that money (in addition to its three main properties as Unit of Account, Store of Value and Mechanism of Payment) is a "shared thought" as to relative values of different things.

FIAT money, especially well-enforced, counts as "money" (in popular use), and is indeed POLITICAL.  So, "money" as I sort-of defined it above is a "concept"..., how much of that fiat a gallon of milk is worth in paper (or electronic) dollars.

And, yes, it's a GREAT SCHEME for the bankers who control money (in cahoots with .gov).

I like the Store of Value that gold (and silver, though I prefer Pt to Ag) have (and even Bitcoin though volatile and has other risks) have outside the FIAT system, which will likely fail at some point like almost every other -- although the UK Pound has a pretty good longevity so far.

[Vaskiy]

I am holding some gold jewellery ,does that counts.  to be frank i hold more gold in jewellery than i hold bitcoin, i have a diversed portfolio when it comes to crypto currency,the topic should be the reason to hold gold and crypto currency.  With everything said and done i do invest in all the alts just to convert it to bitcoin at a later time.

You haven't given the proper reason. You have mentioned that you make a diversified investment starting from gold, bitcoin and different altcoins available. No specific reason has been quoted. I personally prefer gold for the emergency usage where I cannot make use of bitcoin and bitcoin is truly an investment asset for my future Profiting.

[Omega Weapon]

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.

The gold is the asset that is acquired by the rich people from ages it has a history and it is a symbol of wealth. The bitcoin on the other hand is very much young compare to the gold but is considered as a digital asset and I am sure a time will come when the bitcoin will be a wealth symbol.

Even though bitcoin is still younger compare to gold, it has more potential than gold because just look at its price then you can see a huge price pump in bitcoin while in gold it is just stable on its price and just getting a fewer gains rather than bitcoin which is not that satisfied for me. Bitcoin is more on a good asset to hold for long term while gold is just for rich to preserve their money.

It is obvious that bitcoin holds a lot more potential than gold, gold has been mined for thousands of years and people have thought about all the possible things that we could do with it, so there is not much that can be done with gold that has not been tried already, bitcoin is different, its potential it is still unknown many other services are being developed above bitcoin and we do not know how much the value of bitcoin could go up due to that.