Post
Topic
Board Economics
Re: The Real Reason to Hold Gold And Bitcoin
by
Milo_Kidd
on 05/09/2017, 14:33:38 UTC
Gold will always be valuable, unless people found a way to solve its scarcity, For the longest time its used as a tool for investment, and whenever there is uncertainty in the market the price of gold goes up. While Bitcoin, because of its volatility but still bullish nature since its early years, speculators are attracted to trading it. Holding bitcoin can create wealth for investors.
I am planning to hold bitcoin if possible because I am expecting to raise its trading price in future. But I dont think if I can hold gold cause theres no way to get it but trading and mining. So possible I can earn bitcoin as of now and planning to hold and trade in the future. As of now I am earning a small amount but I hope I can save more in the near future. So my reason is to hold it to teade in future.