If you have some BTCs, why not have some Gold too?

[mindrust]

I own both.

While my tiny investment in bitcoin compared to gold gained a lot more profits than my gold holdings, I am happy to own both.

Gold has a different purpose, it is the ultimate safe haven when everything but everything goes shit. Some people say that food&water&bullets are more important in an event like this but what will happen if you survive? You'll need gold to rebuild the civilization. Everybody will.

Bitcoin is just one step above from gold. It follows like this;

fiat > bitcoin > gold.

We are moving from fiat to bitcoin right now. That's why my tiny bitcoin investment made a lot more money than my gold stash.

If we ever start moving from bitcoin to gold, then you can start collecting food&water etc too... (some people does that for decades) and gold will sky rocket not to the moon but out of space  

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[deejhay]

Im contented in having some money on my phone and personally dont want to carry gold whenever i travel so no. Besides, with lots of thiefs around, having gold would only be a threat to your safety, would cause a lot of envy from family members so no to having gold.

[emuLOAD]

damn you must live in a horrible place O_o and not have a great family either.

Bitcoin is a great toy, but we all need some real value stores. Personally, I make a point of extracting a portion of my trading profits every once in a while, putting it into gold/silver bullion, magic sealed, and some other stuff. no point in keeping all eggs in one basket.

There again I'm not a big trader, so we're talking about a couple of grand a year in bullion. nothing amazing.

[Rotsor]

damn you must live in a horrible place O_o and not have a great family either.

Bitcoin is a great toy, but we all need some real value stores. Personally, I make a point of extracting a portion of my trading profits every once in a while, putting it into gold/silver bullion, magic sealed, and some other stuff. no point in keeping all eggs in one basket.

There again I'm not a big trader, so we're talking about a couple of grand a year in bullion. nothing amazing.

Gold is a decent store of value but more and more gets mined each year and it can be changed via melting it, and has happened before thus inflating the price. BTC has 21 million coins and has a deflationary supply model.

[ipanks]

right now i don't want to buy gold as my money is still in bitcoin but soon if the bitcoin price is high and i can cash out my bitcoin, maybe i will buy gold. i am thinking that if i have gold maybe i should save in deposit box in the banks so it will safe for my gold.

but unfortunately, if we want to buy gold, we need to save more money so we can buy that gold. and for me, maybe i only could buy in small piece first because my money isn't enough to buy in big amount.

[oegarod]

Im contented in having some money on my phone and personally dont want to carry gold whenever i travel so no. Besides, with lots of thiefs around, having gold would only be a threat to your safety, would cause a lot of envy from family members so no to having gold.

As stated gold might be a threat in terms of safety, but compared to bitcoin it seems more secure. The reason is that with bitcoin the hacking opportunities as well the virtual presence without an product scaling. Depending on the benefits expected it's good to hold bitcoin along with bitcoin.

[Ilegendph]

For me, although bitcoin and gold are both good investment, they have different characteristics when it comes doing them as investment. Acquiring gold, from jewelries and other the same requires huge amount of money, but they are stable and you can be sure that the price will surely increase after a couple of years. Unlike gold, bitcoin does not require that large of money to start investing to it, just a few dollars is enough, and you can also make bitcoin by rendering service online. The only downside of bitcoin is that it is volatile, No one can predict its price after two or more years.

[emuLOAD]

Gold is a decent store of value but more and more gets mined each year and it can be changed via melting it, and has happened before thus inflating the price. BTC has 21 million coins and has a deflationary supply model.

Sure, that's why next to my coins, there sits a TREZOR with a 21BTC that are completely frozen, i.e. not to be used for trading or cashing.
However good or promising an asset is, it's never a good idea to keep all your reserves in just one type of investment.

Gold gets mined constantly, but that's hardly a problem. Gold is the kind of thing you take out of the safe when shit hits the fan so hard you need something that is immediately liquid, it does a decent job there, even if it costs you a % of what you spent.

[Tamilson]

Im contented in having some money on my phone and personally dont want to carry gold whenever i travel so no. Besides, with lots of thiefs around, having gold would only be a threat to your safety, would cause a lot of envy from family members so no to having gold.

Yeah at least with bitcoin you can carry it wherever you go without worrying it can be stolen easily.
Unlike, gold that's a hot item, everyone that see it can have a motif to stole.
I feel safe having bitcoin in my pocket than gold.

[dobolspeed1]

yes. they are all beautiful. but I prefer with bitcoin because they are more liquid and its use is easier. if we want to get profit, easy. we just buy it when the price is low and sell it when the price is high. very simple but working.

[soham]

They all beautiful.

I totally agree with it. Gold is one of the most accepted form of investment worldwide and also legal. So gold is a must have item if your portfolio. The price of gold is somewhat stable which ensures the capital protection. Even if you don't want to get profit from it, you can use gold to make ornaments for yourself.

On the other hand, bitcoin is a crypto currency which is liquid and dynamic in nature. Bitcoin investment can fetch you a lot of profit in a short period of time. Also the prices can go down in a very short period of time which can make your portfolio looks bad. So yes, Gold and bitcoin both are great asset of investment. Gold for capital protection and Bitcoin for long term profit.

[joebrook]

They all beautiful.

That's actually a very good idea, Though Gold is not as profitable as Bitcoin at the moment, i think it's good to hold on to some as a sort of backup so that in the even that the market crashes you will have a buffer to rely on because in this current age of business, the markets crashing is always a possibility and it's good to be prepared for it at all time.

[emuLOAD]

When I see so many people claiming that crypto is liquid, I worry.
You're analyzing things with far too narrow a vision.

Liquidity has to be considered in worst-case scenario situations, not "if all stays like now".

Looking at the profitability of a store of value commodity like gold (and silver) is the wrong analysis. Those are meant to "lose you" less money than whatever catastrophe is forcing you to crack your piggybank.

[budongski25]

BTC can easily trade online.
A portion of BTC can easily share to someone, friends and relatives.
Gold wont lose its value, but BTC gradually increased its value.
In my opinion its more profitable to have BTC than having a Gold.

[ReLieD]

Now I feel having gold is better than having btc atleast gold can't die . Bitcoin was affected just because someone said that Bitcoin was fraud. Also now I am hearing that the news of Chinese boycotting Bitcoin was fake . Slowly I'm losing hope/trust in Bitcoin and I would probably end up converting my btc into fiats

[kucritt]

Many advatages why bitcoin is better than gold, frist is gold is work offline, it is physically shape, so you need to keep it carefully, its not dame bit bitcoiniy its work online based so you just keep your address and private key,so your bitcoin is safe, then second is you can trade, send and receive bitclin at real time anytime and anywhere. How about gold, if you want to sell it or send it to another people you need to send physiclly so it makes shipping cost.

[Anwar22]

It is definitely better having bitcoin than gold because the price of btc is higher than gold. We cannot transaction gold as well as bitcoin. So I think bitcoin is more profitable.

[Zalfa_mui]

if for investment I prefer bitcoin.because the price is likely to rise from year to year,if gold, I buy for use not for investment,because I am a woman likes to decorate,
bitcoin remains the best for investment,

[Jolyquinzel]

Because bitcoins are digital money and we can use it on a distance

[AwpDragonPoor]

btc is easily tradable and is a better investment than gold. both serve different purposes, you cant compare them