I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 10.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: gentlemand on March 16, 2015, 10:22:41 PM

Quote from: Chef Ramsay on March 16, 2015, 10:14:02 PM

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.

I'd think they would be somewhat cheap and efficient in terms of earnings. If someone doesn't pay their storage, you get all their stuff (or get to sell it). So you have income whether or not people pay their bills. Upkeep should be fairly cheap as well, since storage units don't need to be heated/air conditioned to the same standard as other businesses.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

Quote from: gentlemand on March 16, 2015, 10:22:41 PM

Quote from: Chef Ramsay on March 16, 2015, 10:14:02 PM

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.

Valuable posting info. However, garages or storage facilities are decent ideas but can be faulty having multiple folks descending upon your spot over and over could be over and above the purchase cost and for sure the rental cost I'd say.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Chef Ramsay on March 16, 2015, 10:14:02 PM

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

If you know how to farm land (in rural areas) then I would do that aside from everything except buying and holding bitcoin. Getting some chickens and cattle would be of good use over and above farming such land imo. If you want to raise animals for furs the same still applies. Rural farming/animal raising properties cost quite a bit less than rentals in residential dealing areas.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well + renovation costs when you have to flip.

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Did you really come to a Bitcoin forum to ask which is better gold or Bitcoin? Grin

The answer is simple. With gold you have less to gain, but also less to lose. Bitcoin can go to a couple bucks and basically cease to exist as an investment. Gold on the other hand won't become worthless, but it also won't triple its value like Bitcoin did in the past (and still can).

mikelitoris

full member

Activity: 182

Merit: 100

Buy bitcoin and invest half in various alt coins, watch it vapourise or multiply.. good luck

funtotry

sr. member

Activity: 420

Merit: 250

Ever wanted to run your own casino? PM me for info

Quote from: manwithat on March 16, 2015, 12:56:07 PM

I have earn some money investing in companies undervaluated. Bitcoin could be in that situation now. It can be a good oportunity.

Every company on here could be big. Imagine investing in primedice if they were selling some shares, you would be swimming cash if you did. But investing is a lot of fun here especially with the HYIPs, getting in and out fast with 5% in a day is nice.

manwithat

member

Activity: 112

Merit: 10

I have earn some money investing in companies undervaluated. Bitcoin could be in that situation now. It can be a good oportunity.

BTC-Bank

member

Activity: 126

Merit: 10

Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

what you prefer can hold upto 1 year

Hello @lumen just wondering if you already decide it and if you want to share it with us, what you did finally?I am asking just from curiosity as there was three mainly choices and i like to see which one you preferred and if we affect your opinion on your decision.I wish you good luck for whatever your choice is/was.

Kind Regards,
BTC-Bank.

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

Give Bitcoin a try. Bitcoin wont stay at 290 for long. It will increase in the next 12 months.

EsaEzekiel

newbie

Activity: 39

Merit: 0

gold? give it up quickly, you see how decadent it is.

if you invest bitcoin, you could expect it doubled in a year Kiss

bitkilo

legendary

Activity: 1638

Merit: 1010

https://www.bitcoin.com/

I don't know what would be better to hold for 1 year but only invest what you can afford to loose in bitcoin.
Not saying BTC won't be around in 1 year just that i know gold will and it would be safer to put 80% into gold and 20% BTC.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: MegaFall on March 13, 2015, 07:54:01 PM

Quote from: ranlo on March 13, 2015, 05:32:14 PM

There are ways to see that it's fake, though. Just like fake diamonds that are pressurized can be seen. As far as I'm aware, man has never perfectly recreated anything like that before -- any attempts have always brought differences (and that's for materials we CAN recreate).

Mercury can be turned into Gold through nuclear processes... it's been done before in minute quantities. There's a Mercury isotope that decays into stable gold. The problem with it is that the cost of energy to do the conversion costs more than the amount of gold you end up producing.

Interesting... so it's really like Bitcoin in the sense that it IS possible to exploit/fake... it's just not financially viable. You can do a 51% attack on Bitcoin, but it'll cost way more than you'd get back from doing it.

Nowi

full member

Activity: 140

Merit: 100

Yeah its depend on you, but if I be you, I will buy BTC for 80% of your that money and that 20% to gold, I think you will be more rich with bitcoins then with gold after one year.

MegaFall

jr. member

Activity: 56

Merit: 1

Quote from: burger_pimp on March 13, 2015, 10:42:00 PM

gold is safer, bitcoins can go either way Huh

. Buy gold! Or Disney shares!

That's why you split it up and hedge your investment. 35% BTC, 40% Gold, and 25% Bonds or Stocks will give you a nice diversified approach. Gold will be your rock; that is, your solid foundation. It should not fluctuate more than 10% up or down in a given period. BTC is your volatility play, could swing way down or way up. The stocks/bonds fall right in between, so long as you pick companies with solid 3% - 5% growth (no penny stocks) and decent dividend.

Disclaimer: I'm not a financial advisor, lawyer, or accountant. All the above is my personal opinion. You should consult with an actual advisor before investing.

funtotry

sr. member

Activity: 420

Merit: 250

Ever wanted to run your own casino? PM me for info

Quote from: burger_pimp on March 13, 2015, 10:42:00 PM

gold is safer, bitcoins can go either way Huh

. Buy gold! Or Disney shares!

Well everything can go either way but gold has been around thousands of years and is at its simplest part the best currency we have seen in history. As with any stock it can go up or down but gold is the least likely as it is a physical object and MUCH older.

burger_pimp

newbie

Activity: 31

Merit: 0

gold is safer, bitcoins can go either way Huh

. Buy gold! Or Disney shares!

MegaFall

jr. member

Activity: 56

Merit: 1

Quote from: ranlo on March 13, 2015, 05:32:14 PM

There are ways to see that it's fake, though. Just like fake diamonds that are pressurized can be seen. As far as I'm aware, man has never perfectly recreated anything like that before -- any attempts have always brought differences (and that's for materials we CAN recreate).

Mercury can be turned into Gold through nuclear processes... it's been done before in minute quantities. There's a Mercury isotope that decays into stable gold. The problem with it is that the cost of energy to do the conversion costs more than the amount of gold you end up producing.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: picolo on March 13, 2015, 05:02:18 PM

Quote from: funtotry on March 13, 2015, 04:53:41 PM

Quote from: ranlo on March 13, 2015, 04:34:40 PM

Quote from: funtotry on March 13, 2015, 04:07:45 PM

Quote from: manselr on March 13, 2015, 01:18:37 PM

Bitcoin in theory should be a more risky investment, but with risk comes big rewards. With Gold you are going to be bored aiming for a small increase in wealth in the next decades. With Bitcoin it's uncharted territory, it's an open field.

Yep exactly. Gold would be more long term, and in the case of an emergency like the money system collapsing then it is viable. Bitcoin can also be used, but we all know how that would work

Keep in mind that gold can't be exploited, either (aside from pyrite, which should be easy enough to determine). While we view Bitcoin as being exploit-free, the truth is that we don't know. Everything is exploit-free... until it's exploited. Look at things like the heartbeat bug in SSL.

True, since bitcoin is a computer program one day someone could find an exploit and then it would all collapse. Gold is physical and therefore cannot be "hacked" and no one can just randomly print gold.

Bitcoin is not a computer program but could be destroyed. Gold could theorically be created in a lab for a cheap price.

There are ways to see that it's fake, though. Just like fake diamonds that are pressurized can be seen. As far as I'm aware, man has never perfectly recreated anything like that before -- any attempts have always brought differences (and that's for materials we CAN recreate).

Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 10. (Read 14398 times)