Topic: I have halted all purchases paying with Bitcoin - page 3. (Read 2682 times)
I value gold more than bitcoins TBH as Gold isn't just a commodity for me but it is more like a protection for my family and is more valuable than bitcoins. I am not being a pessimist but I don't think the price will reach even $500 in the next 2-3 years. It may go upto $400 but chances are very low going by the current trend.
I also diversify my investments into different commodities, and different levels of risk. {High / medium / low} My BTC stash fall under medium risk for now.. I am not sure about
many of the indicators I use to determine the risk level. My biggest concern at the moment being the competition, Private Blockchains and development uncertainties.
I should in theory never lose everything in one collapse, because it's spread over too many different commodities... but nothing is 100% bulletproof.
many of the indicators I use to determine the risk level. My biggest concern at the moment being the competition, Private Blockchains and development uncertainties.
I should in theory never lose everything in one collapse, because it's spread over too many different commodities... but nothing is 100% bulletproof.
just hold it and wait 10 years. that is probably a better choice than buying gold.
by the way: in the meantime you can study it further
i would rather buying real bitcoin made from gold than holding a bitcoin for 10 years , because the rate of gold always increaseby the way: in the meantime you can study it further
are you sure about this, gold peak is long gone since age, the current price is a shadow of it, i doubt the price of gold is always up
it's stagnation at its finest
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just hold it and wait 10 years. that is probably a better choice than buying gold.
by the way: in the meantime you can study it further
i would rather buying real bitcoin made from gold than holding a bitcoin for 10 years , because the rate of gold always increase by the way: in the meantime you can study it further
I am in the same position OP. Even though I know that's impossible to predict this thing, I feel and I think that the chances for success are bigger than the chances for a failure. That's enough to me to allocate a percentage of my savings and give Bitcoin a chance.
So yes, I am now pretty much enjoying a ride and watching from the sidelines. We'll see in the next couple of years where will this bring us.
Good luck to us all!
So yes, I am now pretty much enjoying a ride and watching from the sidelines. We'll see in the next couple of years where will this bring us.
Good luck to us all!
Hold hasn't worked for the last year
That said seeing how its treading and stable at least it looks that way to me
Speculation wise I think its not a bad position to stay in.
That said seeing how its treading and stable at least it looks that way to me
Speculation wise I think its not a bad position to stay in.
just hold it and wait 10 years. that is probably a better choice than buying gold.
by the way: in the meantime you can study it further
by the way: in the meantime you can study it further
You probably have as much insight into the future of bitcoin prices as the "veterans and experts" as you call them. The reality is that no one knows what the future holds for the price. Adoption drives all growth, period. If you want to influence the price, spend some time introducing new people to the currency and investment.
I'd love to know how big your pile is...
I'd love to know how big your pile is...
...
Recently I made a decision to just stand pat re my BTC holdings. I had made various experiments into buying gold (from veldtgold.com here at bitcointalk) and providentmetals.com, both of them gave me good & rapid service when paying by Bitcoin.
But, my wife is less-than-enchanted with me buying more gold, so I will just HODL the rest of my BTC "pile", and wait to see what happens in the near and medium term future.
I am inclined to believe that BTC will likely go higher from here, with a lesser chance of going much higher, but I have less insight into that than many BTC veterans and experts.
So, I will just sit on the sidelines now, and cheer the BTC price on up. If ti reaches very high numbers, I will re-evaluate my HODL, and turn them back into CA$H or gold. In other words, my BTC are now in "strong hands", I am not going to let them go.
Recently I made a decision to just stand pat re my BTC holdings. I had made various experiments into buying gold (from veldtgold.com here at bitcointalk) and providentmetals.com, both of them gave me good & rapid service when paying by Bitcoin.
But, my wife is less-than-enchanted with me buying more gold, so I will just HODL the rest of my BTC "pile", and wait to see what happens in the near and medium term future.
I am inclined to believe that BTC will likely go higher from here, with a lesser chance of going much higher, but I have less insight into that than many BTC veterans and experts.
So, I will just sit on the sidelines now, and cheer the BTC price on up. If ti reaches very high numbers, I will re-evaluate my HODL, and turn them back into CA$H or gold. In other words, my BTC are now in "strong hands", I am not going to let them go.
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