The Real Reason to Hold Gold And Bitcoin

[thetyper]

My point of view:
Banks will adapt. As stupid as that sounds, they will lose in the procress and with caught-up users will suffer collateral damage for not adapting. Which is equal to say that the banks are gonna make the lower clases pay, they will profit from the "usual guy" desinformation. The crowd is paying. We,  trying to ride this crypto wave, are just doing  adaptation.

[deadthings]

Bitcoin is the best idea to invest your money, until 2040 the price will be just bigger and bigger cause of it place on crypto market and popularization.

[FruityTouch]

No, I don't think it's far too late that you should buy bitcoin. It's never too late to test something. If you're willing to learn and produce I suggest that you simply do a research. Monitor the chart making a assessment. Read the trend on when to purchase btc and do not be impulsive. There are things to consider when you buy bitcoin. Of course the first thing that you have to think of is the current worth. You should buy once the value is gloomier because if you purchase once the value reaches peak you'll eventually convey more losses than earnings.

[sheenshane]

Both the gold and the bitcoin are good to hold for long term investment because they have potential both to grown up their price nowadays. Much better to hold bitcoin it its safe for any who wants to get if it is in safe storage, while this precious metal gold is handy object easy to find the theif. But we cannot argue this thing both are profitable by hold long term investments.

[PinkLover]

What is the point of keeping Gold? Gold is just hedging out the Sock market. If the stock exchange does well Gold will go stale. If your economic crisis hits eveybody will buy gold. No reason holding Gold until that point for me.Do anyone who said keeping gold is good actually checked out a precious metal price chart? Precious metal does not even track inflrion and that means you are losing money if you invest in precious metal long-term. If you want extremely safe investingpossibly invest in low yield ties or expert to peer financing.a t

[jasonjm]

Everyone is holding bitcoin and gold for profit because they are asset and can be used when ever you need them and also the price is increasing day by day. Main reason is the money.

[phuclzu12]

No, I don't think it's far too late that you should buy bitcoin. It's never too late to test something. If you're willing to learn and produce I suggest that you simply do a research. Monitor the chart making a assessment. Read the trend on when to purchase btc and do not be impulsive. There are things to consider when you buy bitcoin. Of course the first thing that you have to think of is the current worth. You should buy once the value is gloomier because if you purchase once the value reaches peak you'll eventually convey more losses than earnings.

Why not? The bubble of Bitcoin will be end in someday, so, if you want to invest more money in Bitcoin when Bitcoin bubble can be end in that time, you just make your capital decrease because you don't update your knowledge about the market, like the dot com bubble.

[The Alchemlst]

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.

One thing I learned is hold something people want specially those of value and limited resources. Rich persons and tycoons tend to monopolize these things such as oil and gold but now that bitcoin has come to stage they hardly able to monopolized it since it takes them by surprise and at the same time can be earned by everyone regardless of their status and profession.

[Sanugarid]

The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, 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.

Of course for me the main reason why most of the people hold bitcoin is that they intend to have this kind of strategies just to grow their money. And I think the strategy of holding their money or bitcoin just to have some investments or some holding it. It is a very effective way specially to those doesn't use it much.

[djselery]

I think the real reason to holding Gold and Bitcoin is just making more money in long term. People who hold this currencies believe that their prices will go up highly in the future, so they keep saving their coins or gold until the price hit the highest possible level.

[sanada.motokage]

Gold also have very limited supply and people accept its value, same things happen in BTC. But Gold is old thing that cannot really support our modern life like internet, but BTC can.

[Konthol Ngaceng]

The strongest reason still hold gold because when it comes to sudden money the price does not drop, but if bitcoin then it could be the price drop when we need fast money. while I hold bitcoin because the prices are growing and I can continue to profit.

[Izarok]

I'd rather go all-in on Bitcoin. It offers return of a massive 500-800% in a year and it keeps getting better by the minute. Gold has been stable for almost 5 years and digital currency is on the rise so it is highly recommended.

[entebah]

Everyone is holding bitcoin and gold for profit because they are asset and can be used when ever you need them and also the price is increasing day by day. Main reason is the money.

currently Bitcoin is more popular than gold, it's just a matter of price.
and gold remains valuable. unfortunately gold is not suitable for long-term assets such as bitcoin. maybe gold just as a jewelry and a symbol of luxury.

[BIackmanAndRobbin]

Buy Sonm they've an active team and great task

[bololord]

The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, 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.

The reason why i hold my bitcon because bitcoin and gold have a chance to increase the value while the fiat money is stable so that's why many people prefer to hold their bitcoin than real money because they know that they will get a huge of money someday.

[shezu007]

The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, 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.

The reason why i hold my bitcon because bitcoin and gold have a chance to increase the value while the fiat money is stable so that's why many people prefer to hold their bitcoin than real money because they know that they will get a huge of money someday.

Gold and bitcoin these two are the things which have very high price in past when there is no concept of bitcoin then people use gold for trading because the rate of gold is varying with time and when the price goes up then people start selling gold and when price will start decreasing then people will start buying gold but now bitcoin is came to market whose price is so high then gold so now people have start working with bitcoin.

[hajimasan]

The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, 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.

The reason why i hold my bitcon because bitcoin and gold have a chance to increase the value while the fiat money is stable so that's why many people prefer to hold their bitcoin than real money because they know that they will get a huge of money someday.

Gold and bitcoin these two are the things which have very high price in past when there is no concept of bitcoin then people use gold for trading because the rate of gold is varying with time and when the price goes up then people start selling gold and when price will start decreasing then people will start buying gold but now bitcoin is came to market whose price is so high then gold so now people have start working with bitcoin.

Yeah , This is a usual thing in every market because I know that the increase in the demand is a time to hold and then sell at peak price and the time when the price get down then buy and hold , the quality of better trader with high patience .
Here bitcoin is a big need to have than what the bitcoin , If we can see toward the practical use of the bitcoin and girl then we can see that we can make much amount of the profit with the bitcoin then what we can use the gold . Gold has big use of the making ornament/jewelry only , but her bitcoin can be use for big big things in our life , to start service whole about the world , accept and emit payment to the whole world with very small amount charge .
So here all over bitcoin to have as an investment is a better option than what the gold have any advantage .

[n0ne]

Everyone is holding bitcoin and gold for profit because they are asset and can be used when ever you need them and also the price is increasing day by day. Main reason is the money.

currently Bitcoin is more popular than gold, it's just a matter of price.
and gold remains valuable. unfortunately gold is not suitable for long-term assets such as bitcoin. maybe gold just as a jewelry and a symbol of luxury.

Bitcoin is not popular than gold in any terms. Gold is completely valuable for its potential value that is found stable for a long as well for the universal acceptance. When it comes to bitcoin, we're very young compared to the history of gold, now people have two thing in mind. For secure holding and minimal profit gold is preferred, whereas bitcoin is preferred by the users who have the mind to risk as well expect profit.

[0t3p0t]

The world is run by the state-bank alliance.  The top politicians and bankers jointly profit from inflating the values of money and debt with state power -- this system couldn't survive without either side.

See Dissecting the Parasitocracy.

The interesting thing is, if you buy and hold gold and Bitcoin for the long term, you can benefit.  (Just make sure you don't buy when the global empire is rising, like the 1950s or early 1990s.)  The reason is also due to the nature of the state-bank alliance.

Note that, in this alliance, the top politicians contribute state power, while the top bankers contribute financial know-how.  The politicians, being totally ignorant in this high-stakes and specialized game, are basically led around like children.  They just go along because they benefit from issuing huge amounts of public debt without being punished by the 'markets.'

So here's the problem with this alliance.  When financial asset values collapse (and this day will come, due to the incentives faced by the elites) and everyday people suffer, the politicians will put all the blame on the bankers.  The reasons are obvious (and there is no loyalty in that game,) and the politicians are going to win that argument.  The biggest such events in history include the Spanish Inquisition and the Nazi Holocaust.  In our day, politicians like Bernie Sanders and Elizabeth Warren have already gone after the bankers.

Knowing that, the bankers and central bankers must prepare a last-ditch rescue for a worst-case scenario, when all trust in the system is gone.  That rescue will be some non-state-issued asset, like gold, silver, and Bitcoin, that the elites can peg their money to (at a high price for the non-state asset,) stabilize their system, and ease the suffering.  Even if the bankers think there's only a small chance for such an occurrence, it will be so devastating to the bankers that they must prepare for it.

So, 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.

For me the real reason to hold Gold and Bitcoin is that these both assets are valuable. Having both assets is the perfect thing to do for a safer investment and it is also safe from sudden collapse of fiat money if ever some would happen to the world. Some countries has already been doing this thing to prevent economic collapse so what they did to fiat money is that they backed it up with gold reserve and I think China and Russia did this too. Decentralized asset like Bitcoin could also be used by people who want a full control of their assets without the third party intervention like banks and any financial institutions. Though physical gold is hard to keep but still worth it to hold. In my case if ever I will be having a capital I will be investing the two assets for the future purposes.