LibreOffice Writer: Bookmarks vs References

Please help me understand the functional distinctions between them.

I’m hard put to grasp when to use which for cross-referencing. From all the experimenting I’ve done, it appears to me that it boils down to personal preferences and not anything technical. What am I missing?

I know that bookmarks are faster to create. But you have to open the dialog each time. On the other hand, creating a target/reference involves more steps, but you can leave the dialog open to create multiple targets/references. Read it all

Above all, love God!