Post
Topic
Board Economics
Re: Holdings of gold vs Holdings of btc
by
DaftAjax
on 17/11/2017, 18:26:24 UTC
I like to hold bitcoin cash instead of bitcoin gold. The reason is I like cash and I use cash for every transaction sometime when the gold prices get fall I like to purchase but later I sold that because I am not using gold for any reason and I have no experience to hold gold. while I use cash in my daily  routine and that’s why I want to hold it and use it.
You are quite confuse here, Bitcoin and Bitcoin-Cash are both cryptocurrency or digital money. The word 'cash' there is just an attachment to it to diverse it to Bitcoin. It is considered as an Altcoin, well recently its making its name being known by having a massive increase in price.

The statement that you've just said is considered meaningless, because you did not quite understood the concept of Bitcoin-Cash. Its not literary a 'cash' you know.

Anyways, holding gold is still good profit because of its steady price. But holding Bitcoin is on a different level, not only that it surpassed the price of gold, it also have a chance to make even more profit because of its volatility.