Author Topic: Which BitAsset is the best to buy and hold long term?  (Read 348 times)

0 Members and 1 Guest are viewing this topic.

Offline vlight

  • Sr. Member
  • ****
  • Posts: 275
    • View Profile
  • BitShares: vlight
Which BitAsset is the best to buy and hold long term?
« on: August 29, 2014, 09:44:10 am »
Which BitAsset is the best to buy and hold long term?

Offline iHashFury

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 618
  • Add Simplicity
    • View Profile
    • BitSharesDEX
  • BitShares: ihashfury
  • GitHub: ihashfury
Re: Which BitAsset is the best to buy and hold long term?
« Reply #1 on: August 29, 2014, 12:31:57 pm »
BitSLV should have a long term upside as it trading at a all-time low.
"If you owe a bank thousands, you have a problem; owe a bank millions, the bank has a problem" ;)

Offline fuzzy

Re: Which BitAsset is the best to buy and hold long term?
« Reply #2 on: August 29, 2014, 12:47:10 pm »
BitSLV should have a long term upside as it trading at a all-time low.

Very good point.
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline Empirical1

  • Hero Member
  • *****
  • Posts: 884
    • View Profile
Re: Which BitAsset is the best to buy and hold long term?
« Reply #3 on: August 29, 2014, 03:16:19 pm »
I'll definitely be buying BitSLV when BTSX is more decentralised and robust, there's a much higher storage cost for physical silver than gold at international vaults, so I will be more likely to move some of my silver portfolio into BitSLV.

With silver though, a large part of current demand is industrial demand, meaning if there was a big shock to the financial system, that demand could plummet short term before store of value demand kicks in but I'm still a silver fan.

I'm not sure how the BTSX system would cope with a sudden re-valuation of gold for example though.