I would say buy 90% in gold, and 10% in bitcoin.
Gold has been proven over a decade and generations to hold. Consider bitcoin as the younger brother of gold, that wants to become like gold one day when it grows up.
You can debate the explosion of growth about bitcoin all day, but I go based on facts on history and events. But, while everyone is dictating which way it goes cause "everyone can see the future" for some reason.
Put your mind at ease, and grab a beer while the gold hedges for you. Then use it as a play money concept, to put in bitcoin a bit more based on how you see fit. Any investment shouldnt be a stressful thing to do.
Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 7. (Read 14398 times)
double with bitcoin? We should take into account risks.. What if it falls double? Im too conservative I'm afraid to believe in bitcoin that much
we already mentioned that, just couple posts above yours. More reward, more risk. ah, ok, sorry. didn't notice it
double with bitcoin? We should take into account risks.. What if it falls double? Im too conservative I'm afraid to believe in bitcoin that much
we already mentioned that, just couple posts above yours. More reward, more risk. 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
gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted
double with bitcoin? We should take into account risks.. What if it falls double? Im too conservative I'm afraid to believe in bitcoin that much
Investing $2000 is not going to make you rich over a year.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
Right, if you're a daytrader bitcoin could be the investment for you, gold is a more conservative kind of investment given that it doesn't fluctuate so much and can payout in a longer time window.
Tried some amt on wine investment previously...
Ended up Buy ↓ow.. Drink H↑gh..
Ended up Buy ↓ow.. Drink H↑gh..
same here, I moved part of my play money to gold and silver, but I agree that the time-perspective on this investment is rather closer to 10 years.
If one looks for up to 1 year time perspective, then Bitcoin has much bigger potential of possible gains. Stops (stop loss) are however a must!
If one looks for up to 1 year time perspective, then Bitcoin has much bigger potential of possible gains. Stops (stop loss) are however a must!
I think Bitcoin has a bigger upside as well, but solely because it's currently like a business. Gold isn't a business.
Gold, on the other hand, is a lot safer. So the question really boils down to high risk, high reward or low risk, low reward.
Investing $2000 is not going to make you rich over a year.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
same here, I moved part of my play money to gold and silver, but I agree that the time-perspective on this investment is rather closer to 10 years. BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
If one looks for up to 1 year time perspective, then Bitcoin has much bigger potential of possible gains. Stops (stop loss) are however a must!
I think Bitcoin has a bigger upside as well, but solely because it's currently like a business. Gold isn't a business.
Gold, on the other hand, is a lot safer. So the question really boils down to high risk, high reward or low risk, low reward.
Investing $2000 is not going to make you rich over a year.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
same here, I moved part of my play money to gold and silver, but I agree that the time-perspective on this investment is rather closer to 10 years. BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
If one looks for up to 1 year time perspective, then Bitcoin has much bigger potential of possible gains. Stops (stop loss) are however a must!
Investing $2000 is not going to make you rich over a year.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
BTC is a gamble has more potential upside in shorter time span but also the risk of loosing a lot more.
Gold has a lot of potential upside due to world economy going down the shitter but whether that happens in the next 1 year or 5-10 years is up for debate. I have invested quite heavily in physical gold as I believe the price will hit $3000/oz in the next 2-3 years and $5000/oz + within 10 years. I also have the luxury of being in no rush to sell so can hold out for the right time and price.
OFC Bitcoin, much much better investment because it can't go much down now (desperation is huge), and it can rise 20x easily.
buying Bitcoin is a smarter decision in my opinion too, but hey, that's his own decision.
HODL USD!!
Actually that may be the best option, as already stated in this thread, to keep $2000 in the US dollar. For now, we have a little bit of correction of the recent growth, but it seems that dollar is not yet done with making clear who is the king. Expect more dollar-positive news in the next months. 
HODL USD!!
Actually the USD has been rising quite fast versus the CAD, now at 1.25 cad per usd, used to be at 1 or even under. So that wouldn't be a bad idea!Also, USD almost in parity with EUR, hodl your dollas!
HODL USD!!
Actually the USD has been rising quite fast versus the CAD, now at 1.25 cad per usd, used to be at 1 or even under. So that wouldn't be a bad idea! 
HODL USD!!
if you prefer relaxation and a security take gold.
if you like drama and rollercoaster rides take btc.
if you like drama and rollercoaster rides take btc.
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
gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted
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
gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted
I'd take the opposite approach. Any altcoin can take BTCs place. In fact, they all use the same infrastructure. It would take almost no work at all for every company that takes BTC to swap over to anything else (like DOGE). There's nothing guaranteeing BTC will even be around in a couple years.
BTC has taken years of beatings, gloom, FUD, outright hostility and it's still standing and slowly growing. I'm sure thousands of hackers have devoted many a long night trying to bend it to their will and failed.
That type of trial by fire can't be bought, faked or fudged and it's 100% non transferable. I for one would not be too comfortable skipping completely over to a new system for anything other than a dabble.
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