Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
jostorres
on 20/09/2017, 18:13:10 UTC
well for me it is so better to have more bitcoins that gold, bitcoin is increasing its own price rapidly while the gold can't just increase its price because of the government that manipulate it, so better to have bitcoins than gold, hold bitcoin.
I agree with you gold is the one thing that price if even it will go high it wont go high as much as bitcoin you can check all the stats of gold and al the stats of bitcoin from the last 5 years to confirm what i am saying.
There is no need to check statistics; we all know that it is the fact of this decade that bitcoins have successful surpassed gold in being the most expensive asset of the world. Bitcoins are far better for long term investments now than gold. Gold investors are frequently switching to bitcoins.
Yes it is very good decision to buy bitcoin at the time when the prices dropped and then holding it for some time. You are also right that investment in this time,you will surely get a chance to get twenty to thirty percent more profit within a few months. So holding bit coin is better than holding gold.