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Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 6. (Read 14398 times)

sr. member
Activity: 644
Merit: 250
IRONX - Fully regulated World-Class Exchange
Buy Bitcoins.

Buy Altcoins with Bitcoins.

Trade Altcoins.

Profit.

Repeat.
legendary
Activity: 1050
Merit: 1000
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.
newbie
Activity: 6
Merit: 0
If you want to make 1 million dollars investing on bitcoins, you will need 2 million dollars,  its more likely you have to be willing to loss the half of your money trading on bitcoin. and thats not said just by me, it was also said by Andreas.

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills
legendary
Activity: 1050
Merit: 1000
BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

It skyrockets and then you become a Hodl'er. You get greedy and you wait it out, you go to bed and the next day you see everything you invested decrease by 31% over night.
You wouldn't want to see only 69% of your life savings in your bank account now would you? It's a very big risk, if you're confident and find it worth it to take the risk, I'd say put in no more than 30%-35% of your savings. No more.
sr. member
Activity: 248
Merit: 252
PM's to me are a long time frame investment (or should I say wealth preservation) decision.

BTC has lots of potential and an unignorable downside too.

I would say it should be a decision based on your timeframe and risk tolerance.  Are you comfortable with a 100% loss if the upside is several orders of magnitude on the upside, and (for example - not fact - a 50/50 chance either way)?

legendary
Activity: 2590
Merit: 3014
Welt Am Draht
BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.

I can foresee an infinite thread loop forming. It will only be broken when one of you is proven firmly right. Let's hope it's soon.
legendary
Activity: 2254
Merit: 1043
BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.
hero member
Activity: 602
Merit: 500
BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..
legendary
Activity: 2254
Merit: 1043
BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever
hero member
Activity: 602
Merit: 500
BITCOINS For life! Invest all you have in BTC Tongue
legendary
Activity: 1025
Merit: 1001
Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny.  Wink

Market is tiny... Whats wrong with you? Tongue Aint as big as with Gold, but enough to sell for 2k..

There will be no more physical silver within 10 years, then the bubble will come Smiley..
hero member
Activity: 602
Merit: 500
Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny.  Wink
legendary
Activity: 1025
Merit: 1001
Silverrrrrrrrrrrrrrrr
hero member
Activity: 602
Merit: 500
I'd go with silver, platin or maybe even copper ... gold is so last decade.

Why not in oil, the price of oil is now again go down, it is possible in some time to come the price will high, because now no one does not use oil even for some time to come.

oil price is politics. Price can be and is controlled very easy by politics and oil industry. And supply is not scarce at all, so why oil?


I'd go with silver, platin or maybe even copper ... gold is so last decade.

Platinum and copper are classed as industrial metals and the world economy is on a down turn, cant see these spiking much within 1 yr.

Silver is also classed as an industrial metal but gets dragged around with gold.

Platinum will be expensive in times of war. Copper is volatile and becomes more scarce but can crash in case of economic crisis. So copper is only good for its insane volatility and in case you can avoid the huge premiums.
Platinum is historically more expensive than gold, right now it isn't. So there's an opportunity in platinum maybe. Its volatility can be high too.

----------

Palladium is in a bullmarket already btw.

All in all Silver has very good fundamentals and can easily double and tripple in price. Production is down, inventory is on historical low, demand keeps growing. It is the best electric and thermic conductor. Once the silver manipulation end you'll see it likely appreciate a lot. It was historically valued at 15:1 with gold. Producton is 7:1 with gold but in reality it can easily be more scarce than gold in the distant future. Silver is used up while gold is stored and inventory only grows year after year. So silver inventory is in decline for decades now and available inventory equals demand of 2 years which is tiny inventory and price can explode in case of higher demand. Price parity gold/siver happened in history before. Also during economic troubled times gold has been outlawed many times. Silver never was outlawed anywhere.
I think silver has massive potential. But best to make your own research on it.

Silver will be the first recource depleted. Buying and stacking physical silver for retirement (decades of timeframe) is maybe no stupid idea.
legendary
Activity: 2254
Merit: 1043
I'd go with silver, platin or maybe even copper ... gold is so last decade.

Platinum and copper are classed as industrial metals and the world economy is on a down turn, cant see these spiking much within 1 yr.

Silver is also classed as an industrial metal but gets dragged around with gold.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
I'd go with silver, platin or maybe even copper ... gold is so last decade.

Why not in oil, the price of oil is now again go down, it is possible in some time to come the price will high, because now no one does not use oil even for some time to come.
hero member
Activity: 602
Merit: 500
I'd go with silver, platin or maybe even copper ... gold is so last decade.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
I have USD 2000 to invest. Should I buy Bitcoins or gold?

what you  prefer can hold upto 1 year

With time owned only one year, I think bitcoin is a great option.
A year is a short time, you know now how bitcoin prices, with that much money, you can invest in bitcoin and sell at a higher price.
If you choose gold, within one year, I guess what you would get would not be too great compared to the bitcoin.
sr. member
Activity: 481
Merit: 250
If bitcoin at 100-250$ range then buy bitcoin, if it is above 250$ already then buy gold. So its time to buy Bitcoin now...
hero member
Activity: 798
Merit: 1000
the first reply in my head screams 'Bitcoins' Wink
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