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Author Topic: If you have some BTCs, why not have some Gold too?  (Read 3479 times)
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September 07, 2017, 09:01:31 PM
 #41

Because we cannot trade it digitally like btc,  we can't send parts of it to our friends  Cool
Yes and in addition to that buying gold as an investment is not as profitable as bitcoin. Instead of blocking your money by investing in gold invest it in bitcoin because gold can be bought any time at more or less same price but if you miss buying bitcoin at the current price today you may have to buy it at a higher price tomorrow thus losing the profits you could have made if you bought it yesterday. I personally think that it's the best thing to buy bitcoins rather than buying gold.

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September 08, 2017, 01:21:13 AM
 #42

They all beautiful.

It is so easy to do that if you have plenty of money to buy Gold and invest some of your money to Bitcoin then this is the real deal and wonderful of your wealth. But if you are just to invest your money to make a profit in the future I guess it is worth investing for Bitcoin more than Gold, as we all know the potential of Bitcoin compare to Gold.
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September 08, 2017, 01:27:09 AM
 #43

having both bitcoin and gold is naturally a must-have but in terms of sight for bitcoin seekers not too concerned with gold, because the biggest and promising asset for now is bitcoin
Hmmm, I agree.
The bitcoin gives us +8~+9% per month growth,
And the gold only gives us +21% per year growth.
You're fucking insane to think those numbers are going to continue.  But go ahead and count on those exceptionally high numbers.  You'll be the first one starting a "why bitcoin crashing??" thread.

I like silver better, just because of my small budget and lower premiums.  In fact I just bought some with bitcoin last week while bitcoin was just about $5000.  I lucked out with the timing.

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September 08, 2017, 01:28:20 AM
 #44

Bitcoin is much more preferable than gold. First of all bitcoin is a digital currency which means you can bring it with you anywhere you go and you can't do that with gold. It is far more easier to trade and buy bitcoin too compared to gold. And lastly governments won't be suspicious of you when you have lots of btc compared to when you have lots of gold.

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September 08, 2017, 01:30:38 AM
 #45

I think BTC is more precious rather than GOLd.  Grin
by holding BTC we can generate 2x, 3x profit

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September 08, 2017, 01:30:44 AM
 #46

Bitcoin is much easier to trade compared to gold. Yes both are good investments but Bitcoin is easily accessible and can be traded digitally compared to gold which is only tradable in actual.
Exactly bitcoin is much easier to transfer to our friends or someone who need money. And if you want to earn more money its pretty to good to invest in bitcoin becauase you can get a profit here everytime the price of it pump. But if you wnat to make sure for your future, you must also invest gold. You can saved gold also with the help of bitcoin if you have a lot of it in tour wallet.



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September 08, 2017, 01:31:25 AM
 #47

Easy solution large bling Gold Necklace on your neck, Nano S on your keyring you have you gold and btc with you at all times. 
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September 08, 2017, 01:35:08 AM
 #48

They all beautiful.

Your point is correct and might be useful for some who does have money to buy for both bitcoin and gold. Investing halfway 50 percent% gold and 50% bitcoin is good strategy and have highest probability of profits. When you just stick to one assets at a time, the higher the risk. So I'm 100 percent agree to this proposal. It is not just beautiful but it is practical. Why others compared both if they can be mixed and worked together.
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September 08, 2017, 02:20:04 AM
 #49

I used to hold a lot of gold (both in physical form, and in the ETF form). But a few years back, when the house construction was going on I sold all of my ETF units (and a majority of my Bitcoin holdings). But even now, I have around 30 oz. gold with me in physical form (Indian women are expected to have at least some gold, in physical form).


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September 08, 2017, 02:21:12 AM
 #50

Bitcoin is much easier to trade compared to gold. Yes both are good investments but Bitcoin is easily accessible and can be traded digitally compared to gold which is only tradable in actual.
Exactly bitcoin is much easier to transfer to our friends or someone who need money. And if you want to earn more money its pretty to good to invest in bitcoin becauase you can get a profit here everytime the price of it pump. But if you wnat to make sure for your future, you must also invest gold. You can saved gold also with the help of bitcoin if you have a lot of it in tour wallet.

Remember that diversifying your money into different baskets is better than holding only bitcoin. That's why I also have some real gold, silver and platinum metals in my basket.
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September 08, 2017, 02:24:59 AM
 #51

actually this makes some sense
since bitcoin is very volatile which gold is more stable

from the perspective of risk management
this could be a good strategy
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September 08, 2017, 02:30:46 AM
 #52

I like gold and I want to own some of them but it is not like bitcoin that you can easy get a profit from it. Its value is stable in the market so it's not very attractive for a trader like me.
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September 08, 2017, 03:08:22 AM
 #53

Eventhough I have bitcoin I could not have gold too because unlike bitcoin gold can not be digitally trade in and it is not that easy to trade. Although they are both good investments gold has scarcity nowadays.

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September 08, 2017, 03:13:18 AM
 #54

They all beautiful.
If i do have the money,why not? I do have some trust on gold investment too specially for long term.Both are good  in your investments.If i do have the capability then i would go for 50:50 ration on my funds.Bitcoin and Gold would really be a good tandem if you do seek for profits and if its possible you can make or put money on other projects too.Diversification would be at its best.

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entrepmind23
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September 08, 2017, 03:21:09 AM
 #55

Bitcoin is much easier to trade compared to gold. Yes both are good investments but Bitcoin is easily accessible and can be traded digitally compared to gold which is only tradable in actual.

Exactly! Bitcoin is much easier to trade than gold and bitcoin is divisible and can easily be sent to anyone while gold cannot just easily be sent to someone in just minutes and its not divisible unless you wanted to melt it and then divide it physically which would be expensive and will take more time than just mere minutes. But then if I can own a gold then I would like to because I believe in diversification of investments and besides gold is more popular than bitcoin though bitcoin has a higher price than gold but if you tell someone to pay in bitcoin, he might just accept it cause everyone knew it but if you tell him, you will pay in bitcoin and if he don't know it then you will have a hard time.

There are advantages and disadvantages between owning the two but then if I can own both then why not? Bitcoin's value is still volatile and gold's value is stable. Bitcoin has been existing since time immemorial and bitcoin is just under a decade. Oh well, I have some bitcoin now but later on, when I can afford it then I would like to buy some gold.

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pooya87
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September 08, 2017, 03:27:35 AM
 #56

you should always diversify, but don't just limit yourself to gold. try looking around and see what other investments are more profitable. sometimes there are things that you can invest in based on where you live and make a lot of profit. invest in these and keep there somewhere safe.

but you will realize soon enough that holding bitcoin is the easiest of all! you can simply put it anywhere. on a piece of paper that nobody will even think about stealing. but if you keep gold a thief will take it and run without thinking twice.

Soutogu
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September 08, 2017, 03:36:07 AM
 #57

Gold is the most inconvenient thing ever! Not to mention you face getting scammed a lot buying fake gold... Theres no such thing as fake bitcoin though, so you cant get fooled that yet, even if you're a newbie! Just gotta be careful of phishers and hackers.
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September 08, 2017, 05:09:13 AM
 #58

I don't have some gold because the value of gold takes time to go up and we can't easily gold unlike bitcoin and bitcoin is more secure to hold that gold if you keep in your house you might get robbed.
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September 08, 2017, 05:27:49 AM
 #59

First issue would be buying it from a legit seller. Most of them only cast the outside of anything with gold to make it look like it's a legit one. Second is storage. It's hard to store gold especially if you have lots of 'em, and storing it also comes with the risk of you being robbed by other people. Third is tax and it's self explanatory.

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subSTRATA
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September 08, 2017, 06:09:24 AM
 #60

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" ---  Executive Order 6102 is a
United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the
Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order..
*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it?

The government can also issue an executive order to confiscate all Bitcoins, if they choose to do so.

Would you give your Bitcoins? Probably not. Would you give your gold? Only if you choose to do so.
Not everyone gave up their gold in 1933, even though owning gold was illegal.
exactly, it's a big if on weather or not a law will actually be enforced; if the government (in these cases) does not have total knowledge of who controls a particular asset and how much of it, they cannot enforce this type of law. in fact, they have zero power to do so, and can only hope to rely on the people being honest and stepping up to disclose their holdings.

I don't have some gold because the value of gold takes time to go up and we can't easily gold unlike bitcoin and bitcoin is more secure to hold that gold if you keep in your house you might get robbed.
okay and? bitcoin takes time to appreciate in value too (and it can deprecate as well), can people actually not think this far? it seems everyone is hung up on the potential negative or not as positive aspects of an asset and either completely fail to process the fact in their brains that the exact same could be said of the other, or flat out ignore the fact.

theres nothing here. message me if you want to put something here.
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