Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
ArnoldChippy
on 28/06/2017, 23:26:53 UTC
why not both of them ? i think with saving 20-30% your profit/money to gold always be a good choice, they already have their own market that can'be ruined by any other thing, even bitcoin i think. Old people and traditional people that can't use technology still hard to believe bitcoin is really exist, but who knows ? we are the next generation of old people, we can teach the next generation  Grin
Thats true, i think people with less technological knowledge would certainly choose to invest in gold. With it then gold will continue to have investors. Besides gold I think will have a bright future too. See gold hard to find, and has a limit on the number


people are holding gold for a long time. it is a long long tradition, but now people are changing their mind and now they are giving more importance to such business where they have more chances of making money. and specially those people who know about bitcoin they like to invest money in bitcoin because they know the importance of bitcoin that bitcoin can give them a good profit that they even cannot expect from any other business even not from their day job.
but still majority of people do not know anything about bitcoin. and therefore they are still giving preference to gold. even some people have knowledge about bitcoin but still they are not investing their money in bitcoin because of security risk.they are not business minded people and are not welling to risk their money.