Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 14. (Read 14404 times)
Another idea is 50/50, 1000 in gold 1000 in bitcoin, decide what you like better before going all in. They are both unstable and unpredictable so be careful
I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
For 2015 Bitcoin, no doubt about it. And I am saying that as the ex gold bug. Gold broke important support last Friday, and that sets the scene pretty much for the first alf of 2015. If you want to invest in gold, come back in summer 2015. By then however, you may make nice coin on Bitcoin that seems to be just reversing from the down trend. what you prefer can hold upto 1 year
Bullion is for preservation and store of wealth, not much for speculative investment. (Not counting gold etf)
You could locked in part of your cash in physical bullion since Gold spot is currently trading at the low of $1168/oz.
When in time of need, bullion can be readily traded in for fiat. (Losing only the premium)
Pawnshop is one ready outlet that will take in your gold anytime.
Balance cash can then be use for high risk high returns investment such as BTC.
Your choice base on your acceptable level of risk taking.. dont put all your eggs in one basket.
You could locked in part of your cash in physical bullion since Gold spot is currently trading at the low of $1168/oz.
When in time of need, bullion can be readily traded in for fiat. (Losing only the premium)
Pawnshop is one ready outlet that will take in your gold anytime.
Balance cash can then be use for high risk high returns investment such as BTC.
Your choice base on your acceptable level of risk taking.. dont put all your eggs in one basket.
Depends on whether that $2000 is play money or all you have.
If it's all you have I wouldn't bother with either. Find an account that pays good interest if you can and stick a modest portion in a fund or tracker.
Gold might gain over the year. I don't think whatever possible gains there are are worth the risk of it falling further which is very possible.
BTC could be anywhere in a year. If you can kiss that $2000 goodbye without blinking then maybe it's worth looking into but no one can guarantee you anything.
If it's all you have I wouldn't bother with either. Find an account that pays good interest if you can and stick a modest portion in a fund or tracker.
Gold might gain over the year. I don't think whatever possible gains there are are worth the risk of it falling further which is very possible.
BTC could be anywhere in a year. If you can kiss that $2000 goodbye without blinking then maybe it's worth looking into but no one can guarantee you anything.
Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.
Instead of answering, I would like to advice you that rather going for opinions where you are assured to get varieties, I would prefer to research myself and do the investment at my own consent, so not to be able to blame anybody.
I had to reread your sentence multiple times, because I really thought you advised him to invest into option contracts
Researching yourself is always the best idea.
I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
what you prefer can hold upto 1 year
1000US in physical Gold with a very low premium over spot
1000US in Bitcoin, maybe 100-200$ of those in altcoins or bitcoin investments
First off make sure that your willing to risk the money either way. Gold is always a standard investment vehicle that tens to hold relative value. BTC and other cryptos can be more volatile and swing violenlty in both directions, so if you dont like rollercoasters it might not be four you. Good luck with whatever you decide.
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 don't recommend Gold because it is near record highs, $2000 is not that much so why not put all in Bitcoin, Bitcoin reached $1200 before and might hit it again.
I'd invest it into bitcoin as the price is low, gold is now ready stable however. Or buy a solid gold physical bitcoin that's loaded with bitcoin. Get the best of both worlds.
Yeah would suggest the latter as well. You can probably just invest in both of them, and split your investment.
But, the swings you will have by investing 1000USD into gold will be a lot less, than the swing you would see by investing into bitcoin.
I'd invest it into bitcoin as the price is low, gold is now ready stable however. Or buy a solid gold physical bitcoin that's loaded with bitcoin. Get the best of both worlds.
because my bitcoin users, nonusers gold. and I would like bitcoin is increasing. so you better invest in bitcoin. try little by little, if favorable, you can add more to invest
Not really the best place to ask where to invest your money. Asking whether to invest gold or bitcoin on a gold forum would be as biased as asking to investing gold or bitcoin on this forum. Compare the two, try to predict the future, and make an informed investment. 2k is a lot of money to invest in bitcoin.
Why not go 50/50...$1000 in BTC and $1000 in Gold?
Or...just through it down on the almighty BTC and let it ride....you gotta let it ride!
Or...just through it down on the almighty BTC and let it ride....you gotta let it ride!
I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
This is what i would do i can see bitcoin 220-230 in the next few weeks for a few weeks so it would be a good time to get in anytime close to that and you have bigger reward but obviously bigger risk involved
You can short 280-->230 USD to make some extra money, if yo have such a good grasp on the price.
I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
This is what i would do i can see bitcoin 220-230 in the next few weeks for a few weeks so it would be a good time to get in anytime close to that and you have bigger reward but obviously bigger risk involved
Why don't you just buy a mixture of both?
50% in BTC and GOLD will have a better risk/reward than any of the individual ones alone.
50% in BTC and GOLD will have a better risk/reward than any of the individual ones alone.
I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
I doubt Bitcoins will go down in value from this point. Even if they did it wouldn't be a disaster like if you invested in 2013. An ideal time to invest as of recently would have been when they were briefly at the $200 mark, but considering they are currently under $300 I don't think you can go wrong. I believe the value is slowly going to climb from here
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