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Author Topic: The Real Reason to Hold Gold And Bitcoin  (Read 674463 times)
localcrypto
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July 24, 2018, 07:01:12 PM
 #941

Gold and Bitcoin both have similar characteristics in terms of price increase we can expect the price soar due to public demand in bitcoin and altcoins
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July 24, 2018, 07:06:24 PM
 #942

It seems to me that gold is kept by those who are afraid of mastering new technologies. It is better to invest in bitcoin and other promising coins to get more profit.   

Thats not quite how it works, gold is a hedge.  Think of gold as an anchor, its not intended to be an entire holding but it has a great use in providing balance in range of assets held as wealth.   Gold is not productive capital, it is purely just an inert deposit of value that has held in demand for hundreds of generations of people.    Like Buffet would say stick to the classic products

the price of gold rises every year, it is because of the higher demand and fewer resources.
the amount of gold on earth is limited.
whereas bitcoin although the amount is limited, but bitcoin fluctuates! the price may change at any time, and can not be predicted. I think that's it.

Demand for gold rises in line with world population growth and the supply for gold also is increasing because it is related to mining technology and efficiency which has improved greatly in the last century.    Looking at all the gold mined in history, most of it came from supply found in the last hundred years.   I dont rely on gold being a limited resource but its outpacing world growth so in effect its very steady as a market.

Bitcoin has no supply growth, its deflationary because supply is dropping as the protocol progresses.   The only future supply of bitcoin will be the holders of yesterday.   So these two markets have different dynamics

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BCSHonda
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August 02, 2018, 11:48:22 PM
 #943

Gold can be used as a store of value, and BTC can also be used as network gold when the price is stable in the future. When the production of BTC is reduced to a certain amount, the price may be more stable.
Gold is still as valuable as life. But it is difficult to move and trade fast with special coinage coins that are growing too fast. Bitcoin for quick trading. Gold only to turn into decorative and artistic items.
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August 02, 2018, 11:59:40 PM
 #944

It seems to me that gold is kept by those who are afraid of mastering new technologies. It is better to invest in bitcoin and other promising coins to get more profit.   
For me the real reason why we should hold our bitcoin and gold is because the value of both  of it can still increased very high in the future and for sure as a holder of both bitcoin and gold can make us very profitable or maybe to be rich in the future.
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August 03, 2018, 01:28:06 AM
 #945

the real reason to hold is the future, there are many countries with economic and social problem, these are some good reasons to invest in Bitcoin. These are probably the only reason that i invest in Bitcoin.
But  the first point is going to take a while, before it is in full force
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August 08, 2018, 01:41:49 PM
 #946

The real reason for holding bitcoin is to take advantage of moment to improve my financial condition. And holds gold as a hedge from profits i make from bitcoin. Lips sealed Lips sealed
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August 08, 2018, 01:58:20 PM
 #947

I think bitcoin and gold are good investment tools, bitcoin and gold have a limited supply so that future developments in prices will continue to rise
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August 08, 2018, 02:31:20 PM
 #948

I think bitcoin and gold are good investment tools, bitcoin and gold have a limited supply so that future developments in prices will continue to rise

Yes gold is good investment because it's price increase and it will more increase for the next more years and bitcoin is really good investment but you need the right timing in bitcoin because you can lost your money if you buy at a  high price so make sure that you buy bitcoin on its lowest price.
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August 08, 2018, 02:34:31 PM
 #949

I am not much fan of physical gold. This is because I need to be so much careful protecting it from thieves and robbers here.
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August 08, 2018, 02:36:10 PM
 #950

For me the real reason is that it will tocuh 1 million mark one day. It can help me retire early and explore life better.
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August 08, 2018, 07:44:03 PM
 #951

Two different things. First most want to have something in possession like gold and after gold is valued a lot also have physical form, and we have bitcoin valued even more but form is not physical. That why both are very valued and compared to each other all the time and that how it will be in future. But most will still have one or other not many will have opportunity to have both in various reason.
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August 08, 2018, 08:04:14 PM
 #952

True, bitcoin can be safely aligned with the assets but so unpredictable that you need to think whether you have so much time to wait. Today bitcoin costs $ 6,370.53 USD (-9.45%), but tomorrow the situation can dramatically change for the better. I am working in the direction of finding good new crypto-currencies, now at this stage I'm collaborating with the EagleX project.
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August 08, 2018, 08:37:30 PM
 #953

The real reason to hold the Gold and Bitcoin are for future use , these two are considered as an assets or your own assets , it is very good to hold them for the tine come that their value ,would surely goes up in  that certain time, and if your will passed away ,you can give them to your kids which are the one to continue your investments.

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August 08, 2018, 09:07:59 PM
 #954

Gold and Bitcoin are two great assets so if anyone has these two assets I think he is very lucky in the field of investment. Gold prices tend to be very stable this will be the choice of people to store Gold assets in the long term. and with this Bitcoin owned will also be a great investment besides that if you do trading of course will yield very good profit Bitcoin prices are likely to rise very significantly and sometimes down this will be great for trading it's just that we need patience in trading
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August 08, 2018, 10:04:22 PM
 #955

gold and coin are assets that often bring success especially if the market turmoil does not determine the gold investment rarely loses as well as coins so that based on the experience of everyone investing

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August 08, 2018, 11:36:37 PM
 #956

gold and coin are assets that often bring success especially if the market turmoil does not determine the gold investment rarely loses as well as coins so that based on the experience of everyone investing

Yes with gold we cannot lose profit as time passes by the price increases unlike bitcoin but in bitcoin there is a huge profit once price rises high compared to gold that increases very slowly but both will give nice profit.
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August 08, 2018, 11:59:47 PM
 #957

Gold has been a traditional way of storing wealth for quite a long time and still has a good value. Bitcoin is the gold of the internet and more importantly it is opened to anyone at all to have their ow share of this gold, even if they don't have any "equipment" to mine this "digital gold".
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August 09, 2018, 12:12:26 AM
 #958

one's financial position and to give catalyst impact to savings, person goes for investment in gold and bitcoin. I think the best investment any one can made now is buying bitcoin and hold it for long time.
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August 09, 2018, 12:19:40 AM
 #959

I think It's always good to diversify our money, but for those who don't have much money and want to increase it, I think it's better to choose only one of them, in this case bitcoin, as you said, possible return is much faster than gold. The real reason to hold Gold and Bitcoin is human tendency to secure future or to fulfill security needs compromising present. thanks
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August 09, 2018, 04:28:47 PM
 #960

In the event that you need great venture at that point there is most likely that you will hold bitcoin and gold due to their execution over the most recent couple of years. Bitcoin and Gold are nearly the same, Physical and Digital gold however they are only extraordinary in value development which is bitcoin moves speedier or change its cost routinely while gold is simply steady. So on the off chance that you extremely like them two for your venture then you going to hold them.
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