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Main => General Discussion => Topic started by: vlight on August 29, 2014, 09:44:10 am

Title: Which BitAsset is the best to buy and hold long term?
Post by: vlight on August 29, 2014, 09:44:10 am

Which BitAsset is the best to buy and hold long term?

Title: Re: Which BitAsset is the best to buy and hold long term?
Post by: iHashFury on August 29, 2014, 12:31:57 pm

BitSLV should have a long term upside as it trading at a all-time low.

Title: Re: Which BitAsset is the best to buy and hold long term?
Post by: fuzzy on August 29, 2014, 12:47:10 pm

Quote from: iHashFury on August 29, 2014, 12:31:57 pm

BitSLV should have a long term upside as it trading at a all-time low.

Very good point.

Title: Re: Which BitAsset is the best to buy and hold long term?
Post by: Empirical1 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.