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Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 13. (Read 14398 times)

newbie
Activity: 18
Merit: 0
I was thinking in gold after the gold watch from apple.
If is a sucess they are going to need a lot of gold to do all this watches

sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.

But to be honest, a 1 year time horizon sucks for any investment vehicle. You'll get smacked by short term volatility.

Very good post. Also I would even go that far as to say a 1 year period doesn't count as "investment". Alteast not if its something with volatility. A 1 year bond is a different story though.
legendary
Activity: 812
Merit: 1002
I own both, so I'll try to give an unbiased opinion: bitcoin is more volatile, but it has a higher potential upside. Whether or not it goes up, or how far it goes up, is anyone's guesses. BTC also has a greater potential use, whereas gold is seen more as a preservation of wealth.

And if you're thinking of buying gold, I would actually buy silver instead. The GSR (gold silver ratio) is near its 15 year all time high right now, so silver is a better value. If you have the full intention of owning gold rather than silver, then what you can do is buy silver now while the GSR is high, then when it drops again, swap your silver for gold. By doing this, you're locking in gold profits when comes time to make the switch.

But to be honest, a 1 year time horizon sucks for any investment vehicle. You'll get smacked by short term volatility.
sr. member
Activity: 252
Merit: 250
www.CloudThink.IO
you should buy darkcoin and start your masternod Smiley

check this out:

http://drk.mn/

This was not the question buddy, he may not want to be a drk coin fan boy he wants to be a bitcoin man "lol" jk but not about what he asked for it was pretty clear should he invest his $2000 in bitcoin or gold?

If i had a spare $2000 i would invest 75% into bitcoin and the other 25% into silver not gold but you asked so yes gold aha.

If you made a investment when you created this you have a nice profit so far, did you get in on time op?
sr. member
Activity: 348
Merit: 250
Play Poker Games at Bitoker.com
you should buy darkcoin and start your masternod Smiley

check this out:

http://drk.mn/
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?

The BTC Exchange Traded Fund (or ETF)... They filled with the US securities regulators in May of last year to create and list the ETF, but I haven't seen news since then.
Heres a site on the ETF http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.asp
It would much better for the investors, they don't have to deal with storing their btc if they just want to buy and sell it. Would bring more of wall street to bitcoin which couldn't be very bad
jr. member
Activity: 56
Merit: 1
Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?

The BTC Exchange Traded Fund (or ETF)... They filled with the US securities regulators in May of last year to create and list the ETF, but I haven't seen news since then.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?
hero member
Activity: 588
Merit: 500
Instead of answering, I would like to advice you that rather going for opinions where you are assured to get varieties, I would prefer to research myself and do the investment at my own consent, so not to be able to blame anybody.

I had to reread your sentence multiple times, because I really thought you advised him to invest into option contracts Wink

Researching yourself is always the best idea.

You understood the second statement the better way.
I didn't mean to say anywhere to invest into anything, as I said I ain't answering his query. Wink
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
This isn't one of the options you mentioned but are you aware of Motif Investing (https://www.motifinvesting.com/)?

It allows you to build a custom "mini mutual fund" or use an existing basket of stocks that all adhere to a very specific theme (i.e., dividends, internet of things, healthcare, etc). It's a really smart way to invest with the hopeful appreciation of stocks but the mild diversification of a mutual fund.

Now, we need a motif for bitcoin related companies!
member
Activity: 98
Merit: 10
Have you decided your strategy yet? Be sure to let us know!
hero member
Activity: 1022
Merit: 500
This instability however can be shown to be profitible but also shows the currency has many bubbles. Increasing by thousands of times itself, and then collapsing months later shows its a good gamble but not very good long term investment.

Actually investments with high variance are good longterm investments, but usually bad short to midterm investments.

High risk means high potential gains but for very long term investments, it is very important not to lose and pick strong investments.
legendary
Activity: 812
Merit: 1000

Go all in on bitcoin while your USD is worth something.  Gold hasnt got a chance long term either. Smiley
jr. member
Activity: 56
Merit: 1
Split it; 35% BTC, 40% Gold, 25% Bonds/Stocks (if you have a brokerage account).
legendary
Activity: 896
Merit: 1000
bitcoin is your best option. especially because of how small the entire bitcoin economy is.
future for bitcoin is bright. more and more merchants accept bitcoin as payment making it easier for you to pay with bitcoin on more and more places.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Curently they are both a good bet, i thought that gold has its time, but how things are warming up worldwide its still a pretty decent gamble.
But if u like to take a little risk to make better turnout, then i would go with bitcoin, and reason is simple:

Bitcoin obviously isnt going anywhere, it will be there no matter what anyone tries, so theres a good chance it will start getting much more attention than it has now.
And theres also a fact that it is undervalued, its like early adopters chance to make massive turnouts, and when theres an exchange on every corner like there is for gold,
well, then there will be time to sell.

cheers
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
This instability however can be shown to be profitible but also shows the currency has many bubbles. Increasing by thousands of times itself, and then collapsing months later shows its a good gamble but not very good long term investment.

Actually investments with high variance are good longterm investments, but usually bad short to midterm investments.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
This instability however can be shown to be profitible but also shows the currency has many bubbles. Increasing by thousands of times itself, and then collapsing months later shows its a good gamble but not very good long term investment.
sr. member
Activity: 433
Merit: 250
BTG CEO
Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.

you could argue the same way about bitcoin. The overall performance in the last 5 years is way better for bitcoin and we are 80% from the peak.

Yes hands down btc has come from cents to over a thousand dollars.
It is fantastic and 2000 is quite a small investment but has potential to be a nice return with btc, where with gold you are always going to be roughly the same maybe a few hundred dollars either side profit or loss take the risk and get paid or lose but at least you tried either way whatever you choose. Good luck dude]
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.

you could argue the same way about bitcoin. The overall performance in the last 5 years is way better for bitcoin and we are 80% from the peak.
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