The Real Reason to Hold Gold And Bitcoin

[agimat]

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.

The reason behind on why usually hold BTC and Gold, maybe because  gold ang BTC is sometimes similar in its value we need and can give chances to earn more.

[rasp]

The main thing about both gold and bitcoin is that they are unique and cannot be replaced by any other items.
This feature actually presupposes their great value and provides high interest of investors which cannot be suppressed by bans or other constraints.

[btctalk123]

In the case with gold we can follow its history and see that the price of gold were almost always going up till today, so if this practice will be working as well with Bitcoin, we will be incredibly rich in 5-7 years from now.

[SirLancelot]

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.

That is exactly what I think about the market status of Bitcoin in future. The supply is already limited and when the demand is high, there is double push in the market of the assets. Besides, Bitcoin is more advanced than gold because of its technological advancement and its related perks.

Gold is just an asset that acts as a store of value and grows in time but is not very liquid and is insecure because it can get stolen or can get lost while it is being carried from one place to another. Bitcoin has far more advantages over gold.

[Zelezinskyi]

I think that bitcoin is now only well suited for sending money, but not for real implementation, as it should be.

[Andrew S]

At the expense of opinion to keep gold and bitcoin.  I completely agree.  These are the 2 currencies of the future.  Gold will always be in price, and bitcoin will soon take its place.

[TheClownSong]

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.

In internet era, bitcoin proven more profitable than gold if we hold for long term. But gold still favorite investment because its real form and bitcoin is gold in digital form. Most peoples invest on bitcoin and gold because its store of value and more resistant than inflation

[MRY]

I think, both are good and profitable investments but have different ways and different risks, and there are some people who still believe and are comfortable with investing in gold but some think bitcoin is the best investment

[lyngirl87]

For me, the real reason in investing bitcoin and gold because, having an investment for this serve as a retirement investment. Holding this two items in a long period will gain more profit for the future.

[Portia12]

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.

In my own opinion, bitcoin and gold are not the same, bitcoins will grow due to the demand in the market while gold has a stable value in the stock market, that is the reason why cryptocurrency is a better asset.

[Ashong Salonga]

In the case with gold we can follow its history and see that the price of gold were almost always going up till today, so if this practice will be working as well with Bitcoin, we will be incredibly rich in 5-7 years from now.

The main reason to hold gold and bitcoin is there value in the future can be more higher or expensive so as long as we can afford to buy many bitcoin and gold we should do it now and let's just hold it and for sure in the future we are very profitable.

[Burogh]

The main thing about both gold and bitcoin is that they are unique and cannot be replaced by any other items.
This feature actually presupposes their great value and provides high interest of investors which cannot be suppressed by bans or other constraints.

Gold is an asset in our real world and bitcoin is digital asset in internet world. Most peoples hold bitcoin and gold because peoples believe gold and bitcoin is good commonitiy that can maintain our asset value. Inflation always happen and reducing our asset value but not with gold and bitcoin

[Rufsilf]

We should hold bitcoin and gold because they are very limited with a very limited amount of supply and that means that there is a good future for their value because of the limited supply and the continuous growing demand and i am really bullish on both gold and bitcoin because i know that they are very useful as an investment and a store of value.

[gioangelofelix]

For your savings, you should definitely hold gold and/or Bitcoin.  This post is unreasonable though because not everyone can expect to gain from an asset.  If everyone in the world held gold and continued to do so, the price would not rise (because the price increase would not be from an increase in adoption so it would have to be due to progression of the economy, which cannot happen all of the time).  Even if progression of the economy did happen all the time, the continued introduction of new gold would result in falls until all of the gold was introduced.  So by nature, gold's inflation rate is neutral or positive - only its current state results in deflation.

The same applies to Bitcoin, but in a different way.  If everyone held Bitcoin, the rate of new Bitcoin being introduced would decrease as gold does, but at a more specific rate.  So in the end, Bitcoin's inflation rate would neutral or positive to a negligible extent (tiny fractions of a Bitcoin per block).  However, Bitcoin in its current state would be inflating if everyone held it.  This does not mean that anyone is stealing your Bitcoin from you - on the contrary, inflation can be tolerable and even positive to an economy's operation and therefore does not represent the direct theft of money.  Furthermore, this potential inflation would just subsidise miner fees.  Right now, we are beginning to realise that as fees only represent a small amount of miners' revenue, after continued block halvings it would eventually result in huge fees to the amount of Bitcoin being sent if they were minor transactions - so the inflation of Bitcoin proves that inflation can be positive as it serves a definitive purpose which affects the community positively

[MrAAKK]

Both are good savings or wealth if you hold those.But those are two different things and ways through.

In my opinion,savings is better choice because of the market economy.In the perspective of Bitcoin,you can do many things like trading,investing,mining and so on.In order to doing those, you need to buy Bitcoin and this time Bitcoin price is super dumping from the last year.So,if you have Bitcoin,you can hold this for future. Hopefully,it will brings a huge profit for you when the price pump again. Just have patience for achieving it.

In the perspective of gold,it is the most valuable and useful things for all. It is acceptable in the whole world. You can buy or sell it in anywhere of the world.It has good price also. So holding gold is not bad.But if you want, you can. Because it has not much risk like Bitcoin.

I think that people hold anything to be profitable than before and if they are not satisfied to see the current price then they go for doing hold and I personally appreciate this method. I also follow this system.

[bilyboy]

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.

[Brunusmagnus]

It would be convenient for everyone to know what the future holds.
Let's say that - based on simple statistics - the time has retained its value over the last 5000 years, while cryptocurrencies have a very high volatility and nobody knows what will happen even in a few months.

[bizalaz]

I believe that a good investor will keep his money in gold and in bitcoin. These investments are both good for making a profit and the distribution of funds will minimize losses.

[Pab]

I have found on twitter that Kim Dot Com is buying btc and gold
He is buying like a hebdge to us dollar because us debt is rising and rising and that derivatives house of card can fail
I don't know is this truth but i think it good reason

[feelingfroggy]

For me the real reason to own Gold and Bitcoin is to be able to leave my country if I need to.  They say one ounce of gold for each family member to pay off the guards.  I have that in both crypto an gold for my last ditch plan.