Bitcoin is still a high risk investment, but with high risk comes a possible high gain. Wise people will tell you to divide your assets between fiat btc and metals. Another altcoin is the worst choice here.
Topic: BTC or Gold/Silver - page 2. (Read 2245 times)
The prices of metals are less volatile, so there's less to gain, but also less to lose. I can't imagine the prices of gold halving within a month
Bitcoin is still a high risk investment, but with high risk comes a possible high gain. Wise people will tell you to divide your assets between fiat btc and metals. Another altcoin is the worst choice here.
Bitcoin is still a high risk investment, but with high risk comes a possible high gain. Wise people will tell you to divide your assets between fiat btc and metals. Another altcoin is the worst choice here.
I pick Bitcoin
Bitcoin can easily double once the true bottom is found and possibly more depending on the level of FOMO to hit when it does. Silver would be next and can also fairly easily double but that's about it for this year. Gold on the other hand has no possibility of doubling within this year. For these reasons, I have a higher percentage of my porfolio devoted to Bitcoin and the trade thereof. Then a substantial chunk of money set aside for silver when it takes it's final plunge into the low teens where I will buy 1-10,000oz of physical (I haven't decided how much yet but 1,000 to start is certain).
IMO, Gold is a terrible investment compared to silver. If you get silver at $15 and gold at $1100, silver can realistically get about an 8x increase over the coming years whereas gold would be lucky to get 3-4x. Now, I understand that as far as eating up as much available funds for a smaller required space, it's gold hands down, but if space and weight is not an issue, silver is by far the better investment.
Bitcoin can easily double once the true bottom is found and possibly more depending on the level of FOMO to hit when it does. Silver would be next and can also fairly easily double but that's about it for this year. Gold on the other hand has no possibility of doubling within this year. For these reasons, I have a higher percentage of my porfolio devoted to Bitcoin and the trade thereof. Then a substantial chunk of money set aside for silver when it takes it's final plunge into the low teens where I will buy 1-10,000oz of physical (I haven't decided how much yet but 1,000 to start is certain).
IMO, Gold is a terrible investment compared to silver. If you get silver at $15 and gold at $1100, silver can realistically get about an 8x increase over the coming years whereas gold would be lucky to get 3-4x. Now, I understand that as far as eating up as much available funds for a smaller required space, it's gold hands down, but if space and weight is not an issue, silver is by far the better investment.
My take is on gold for this year (Euro devaluating and all, etc.).
2016 will be the year of bitcoin!
2016 will be the year of bitcoin!
Interested to know people's opinions....
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