why not try 50 - 50 for each
Fifty fifty is never been good idea now Gold is also collapsing so taking this opportunity is not a bad idea I will go with Gold 65% and 35% with bitcoin
50-50 is not a good idea, because if you get some profit in the other then it is less.
If you loose then the lost is small and that is good, but our concern is to win so i would go mostly 70% in bitcoin and the rest in gold.
This time is not good to take 50 : 50
i will take 75% for Gold ( because Gold price is down)
and 25% for bitcoin , you can see now bitcoin price up +20% from $220
That could be ok too, but i don't prefer to go 100% full to gold or bitcoin.
Only if you really think that the price will go up in near future then yes.
I still haven't bought gold, but maybe will think to buy at bitgold in near future.
You could buy land too to have a diverse portfolio.
10-20 acres of land, a few gold coins, a few silver bars and a few bitcoins.
Well this is another story which is not to bitcoin or gold related.
Personally if i choose to invest in gold i would invest in rings and other jewelry.
By this you sell the gold at that price and sell it for the great design if any.
Except gold rings and jewellery usually carry a huge premium that you will be lucky to recover at sell up time.
Think ill stick with 3-4% over spot gold bars/coins
Gold is for women and if the jewelry looks awesome its price can go much higher.
Especially for wedding rings these cost a lot but people doesn't care to much.
Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
Except gold has :
1) Rear world physical applications
2) Zero third party risk (no wallets, exchanges, blockchain)
3) Gold is self sufficient, no internet, computers etc. required
4) Never rusts, tarnishes or degrades (hard drives fail, paper wallets burn/degrade, passwords can be forgotten)
5) Gold is backed by world banks and governments
6) Gold has thousands of years backing it, bitcoin is an unproven baby at 5 yrs old.
Bitcoin advantages -
1) People keep saying its easier to transport - how often do you go wondering around with a few hundred thousand dollars on you?
2) Better for online payments - I use my debit card, although it is better for international payments due to lower fees.
3) People claim it is safer/more secure than stacking gold - There seems to be a hell of a lot more people that have lost a hell of lot more money through hacking/fraud/theft than any gold stacking website I have ever been on.
Gold is an investment, Bitcoin is a gamble.
If you had a million $ in bitcoin on a memory stick no one would be impressed.
If you had a million $ in gold you could look this cool
I would never wear this Gold T-shirt and never these gold jewelry.
Well said about the advantages and disadvantages but i prefer more online (digital goods)
Gold really does not need internet and other stressful things to make an action.
