If you are going to buy gold, watch for the banks contracts to expire with their investors, banks have a huge habit of driving the gold price down when its time to pay their investors on the contracts that are about to expire. that is the best time to buy gold because they have literally demolished the price purposely to keep them from paying billions of dollars in profit to their investors.
I would also wait for Bitoin, because remember tax return season is in full effect in USA, and if there are people interested in getting in tax return time is their best way to do so. If we do not see a nice little rise in BTC value between now and the end of may, i would say the value we see will be there for a while, because it means not even investors are interested in Bitcoin anymore. Since the only thing Bitcoin has for a demand is its tradable value on the markets, when those are diminished, bitcoin has nowhere to go but down in value.
As far as commodities are concerned the oil guy above is right, The sanctions on Russia will eventually all be lifted and the Europe oil business will get back on its way, when it does the oil prices will go back up to the 80 to 100 a barrel area, right now they are low because of the sanctions USA put on Russia and to compete USA demolished the oil prices to be able to service the Europe clients with the oil they sanctioned on Russia. When USA is no longer providing oil over there in any way, the price will go back up.
The POS coins for crypto investments, I agree with the above poster, however I do own a POS mining site so you know. But POS coins are more energy efficient, some of the ones he has listed are not my favorite, we even removed Blackcoins from Stakeminers.com because its yearly interest rate is lower than a bank can offer. But I agree with the rest of his post.
Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 5. (Read 14404 times)
To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like. 
Gen 2 hybrid cryto? What's that?Is there any post about that?
And... Dose it'll be more "profitable" than bitcoin?
Sorry for questions, but I'm really curious about it
Anyway, Thanks in advance
Gen 2; referring to the innovations in cryptocurrency technology.
Ok,in as brief as I can make it....Bitcoin,Litecoin,and Dogecoin are the most successful cyptos available at this time.They all operate on what is know as a POW(Proof Of Work)blockchain.This is a more complicated process than I wish to disclose here.Be that as it may,they and other cryptos are then called Generation 1 cryptos,in reference to the 1st of its kind.
A Generation 2,gen 2 for short,is a crypto that uses a combination of a POW blockchain with a POS(Proof Of Stake) blockchain.This combination makes it a hybrid,Some Gen 2 cryptos are 100% POS.
The POS system greatly reduces the transaction confirmation times thus speeding up transactions and also allowing for less energy consumption.Which is a huge plus when it comes to online purchases,and the concept of using crypto debit cards at Point of Sale registers in participating retail stores.
There are other benefits ,such as the individual is able to earn interest on the balance one holds in their wallet,The hybrids offer mining and staking which keeps their networks active....The biggest drawback to Gen 2 POS cryptos has been they are prone to forking.There has been significant advancements to overcoming this problem and the more successful Gen 2's almost never fork.
I do not claim to know which of the Gen 2's will become the dominant coin.I currently hold many different wallets and actively stake 10-12 at a time on a VAIO laptop with no difficulty.However some of the more successful ones available at this time are,Blackcoin,Pandacoin,HTML5,Orbitcoin......The list goes on and on.It is my opinion that the current gen 1 coins we see being dominant today will be obsolete in the near future.I would further state an opinion that the current low price of BTC is a result of the competition it faces with some of the more successful Gen 2's and the market economics of trading on cryptomarkets...
Hope that answers your question.If you'd like to know more start at the websites of the coins I listed above,and check out their forums.If you aren't already aware you will soon find there are hundreds of competitors,and many are being actively traded on crypto exchanges such as Crptsy,Bleutrade,etc
Gold and silver, being heavily manipulated by central banks, are great to have for barter in the shtf scenarios where say a farmer or rancher would give you priority over others that would pay in fiat. Plus, these banks have every reason to keep manipulating to protect their fiat. Those that are playing bitcoin right now are just accumulating as much as possible before they let it go up again.
1800 EUROS FOR AN OUNCE OF GOLD!
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
Can it be that gold here is more expensive here?That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
No,
He quotes a price of $1200 an oz (31.1g), the combibars are 50g.
Combibars do carry a higher premium that generic gold by a few %.
https://autrading.co.uk/product/valcambi-combi-50-gram-999-9-fine-gold-bullion-bar/?cat=266&page=1
This is what I was going to bring up... the weight difference. Essentially, those bars are $1929.26 in USD, which is equal to 1771.83 euros. Not far off from the 1800 euros quoted.
1800 EUROS FOR AN OUNCE OF GOLD!
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
Can it be that gold here is more expensive here?That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
No,
He quotes a price of $1200 an oz (31.1g), the combibars are 50g.
Combibars do carry a higher premium that generic gold by a few %.
https://autrading.co.uk/product/valcambi-combi-50-gram-999-9-fine-gold-bullion-bar/?cat=266&page=1
1800 EUROS FOR AN OUNCE OF GOLD!
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
Can it be that gold here is more expensive here? That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
1800 EUROS FOR AN OUNCE OF GOLD!
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
its not an oz they are 50g bars
Yeah we sell them aswell (2 in stock)
https://www.101munten.nl/product/Baren-/GCB50GR/Combibaar-50-x-1-gram---Valcambi-(2-op-voorraad).html
Mucht cheaper as buying 50, 1 gram bars though they cost like 47€ each
https://www.101munten.nl/product/Baren-/GCB50GR/Combibaar-50-x-1-gram---Valcambi-(2-op-voorraad).html
Mucht cheaper as buying 50, 1 gram bars though they cost like 47€ each
The Valcambi bars are really nice but you do pay a premium for that ability to split them into smaller bits. The premium can be carried since many people accept that premium on fractional bullion. If you just want to hold gold or silver then buy ounce rounds (or bars) so you can hold them for 10 years and be done with this pointless discussion.
If you want to make profit fast get into crypto.
If you want to make profit fast get into crypto.
1800 EUROS FOR AN OUNCE OF GOLD!
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
That is well over the current USD price of 1200, which is about 800 US dollars less than 1800 euros. No one could make profits trading on that whatsoever, thats close to 50% fees, which means gold would have to go up that much to break even...
the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.
Your best option is btc or low return bank investments
Another reason is that physical gold (only gold I would buy because its actually a useful currency and shiny) is hard to divide. Usually you buy 1oz, no 0.632 oz like we see in bitcoin, you can't just cut up some gold bars to divide them. So therefore 2000 would be VERY hard to invest in gold because it would not buy you an exact number of oz with 0 change.Your best option is btc or low return bank investments
Yes, this is a bit more expensive, but the price will lower when used more.
This is the divergence right now:
€ 1.802,00 https://www.hollandgold.nl/goud-kopen/goudbaren-kopen/umicore-50-gram-goudbaar.html
€ 1.913,00 https://www.hollandgold.nl/goud-kopen/goudbaren-kopen/valcambi-50-1-gram-goudbaar-combibars.html
p.s they had them in silver to, but is sold out now :-(
the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.
Your best option is btc or low return bank investments
Another reason is that physical gold (only gold I would buy because its actually a useful currency and shiny) is hard to divide. Usually you buy 1oz, no 0.632 oz like we see in bitcoin, you can't just cut up some gold bars to divide them. So therefore 2000 would be VERY hard to invest in gold because it would not buy you an exact number of oz with 0 change.Your best option is btc or low return bank investments
the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.
Your best option is btc or low return bank investments
Another reason is that physical gold (only gold I would buy because its actually a useful currency and shiny) is hard to divide. Usually you buy 1oz, no 0.632 oz like we see in bitcoin, you can't just cut up some gold bars to divide them. So therefore 2000 would be VERY hard to invest in gold because it would not buy you an exact number of oz with 0 change.Your best option is btc or low return bank investments
https://www.hollandgold.nl/goud-kopen/goudbaren-kopen/valcambi-50-1-gram-goudbaar-combibars.html
the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.
Your best option is btc or low return bank investments
Another reason is that physical gold (only gold I would buy because its actually a useful currency and shiny) is hard to divide. Usually you buy 1oz, no 0.632 oz like we see in bitcoin, you can't just cut up some gold bars to divide them. So therefore 2000 would be VERY hard to invest in gold because it would not buy you an exact number of oz with 0 change. Your best option is btc or low return bank investments
To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like.
Gen 2 hybrid cryto? What's that?Is there any post about that?
And... Dose it'll be more "profitable" than bitcoin?
Sorry for questions, but I'm really curious about it
Anyway, Thanks in advance
To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like.
the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.
Your best option is btc or low return bank investments
Your best option is btc or low return bank investments
silver has been going down a bit might be a good time to pick up some coins
I hold some gold/silver and a decent amount of bitcoins. why not distribute the wealth and minimize the risks involved?? 
if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills
I've haven't thought about that before. It's actually a lot better than directly investing in Bitcoin. Although you may not get a Higher possible return, there's a higher chance you're getting something.
Jump to: