I have USD 2000 to invest. Should I buy Bitcoins or gold? - page 8.

uki

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Quote from: tyrexs on March 23, 2015, 11:51:22 AM

try to invest gold its profitable then bitcoin

have you seen gold and Bitcoin charts in the last five years?
do you know how market caps for both compare?
Gold from where it is now may go, Central Banks allowing, 20-30% to the upside. Can you think what would mean that gold would double the current price? Do you remember what happened back in 2011?
Meanwhile, Bitcoin could double the price much more easily, especially that the market is much more shallow and driven by speculation. That doesn't mean that the price can move to the downside as well.

piramida

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Quote from: ranlo on March 23, 2015, 11:16:53 AM

I'd take the opposite approach. Any altcoin can take BTCs place. In fact, they all use the same infrastructure.

Oh really. You have no idea what "infrastructure" means, do you, or you would've known that it means the hashing network and the tools built on top of it? Seems you are just repeating after someone, well, don't, you sound like an idiot

Amph

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Quote from: tyrexs on March 23, 2015, 11:51:22 AM

try to invest gold its profitable then bitcoin

i don't think so, gold value is stagnant, bitcoin has much more potential to grow(both in value and in technology), yeah there is also a chance that bitcoin may die but the chance are more toward the rise than the fall of it

tyrexs

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try to invest gold its profitable then bitcoin

ranlo

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Quote from: Chavez on March 23, 2015, 11:01:27 AM

Quote from: galbros on March 21, 2015, 05:28:52 PM

Have some fun, split your investment half and half. See how you like having some of each. Gold is fun to look at and has been around forever, bitcoin is really fun and easy to use.

Good Luck!

I would suggest splitting it also, but not half and half. I think bitcoin has more chance for a high mark up on profit to be made so buy more bitcoin, but gold will always have intrinsic worth and value being a precious metal so it will hold its value well and wont become worthless like bitcoin technically has the possibility of becoming.

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. Gold, on the other hand, is used in manufacturing and other things, so it has a real use and won't just disappear.

Chavez

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Quote from: galbros on March 21, 2015, 05:28:52 PM

Have some fun, split your investment half and half. See how you like having some of each. Gold is fun to look at and has been around forever, bitcoin is really fun and easy to use.

Good Luck!

I would suggest splitting it also, but not half and half. I think bitcoin has more chance for a high mark up on profit to be made so buy more bitcoin, but gold will always have intrinsic worth and value being a precious metal so it will hold its value well and wont become worthless like bitcoin technically has the possibility of becoming.

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Quote from: funtotry on March 23, 2015, 10:33:41 AM

Quote from: deisik on March 23, 2015, 10:31:07 AM

Quote from: funtotry on March 23, 2015, 09:57:32 AM

Quote from: Natalia_AnatolioPAMM on March 23, 2015, 09:55:35 AM

Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

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

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

Also the fees paid while buying and selling, and also physical gold is very hard to trade frequently. Its better for a long term decade like investment, but I think btc will outperform it in 10 years.

No one suggest you should go to a bullion bank to buy some gold bars or coins there. People that have enough money to trade frequently and who want physical gold usually trade in physically-settled gold futures. These assume delivery of a pre-specified quantity and quality of gold on a predetermined date at a predetermined location. For example, Comex delivers 100 oz. standardized bars of 995 fineness to New York vaults...

Trading physically-settled gold futures is no different to trading cash-settled ones ("paper gold"), you just need substantially more money to buy such futures

funtotry

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Quote from: deisik on March 23, 2015, 10:31:07 AM

Quote from: funtotry on March 23, 2015, 09:57:32 AM

Quote from: Natalia_AnatolioPAMM on March 23, 2015, 09:55:35 AM

Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

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

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

Also the fees paid while buying and selling, and also physical gold is very hard to trade frequently. Its better for a long term decade like investment, but I think btc will outperform it in 10 years.

deisik

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Quote from: funtotry on March 23, 2015, 09:57:32 AM

Quote from: Natalia_AnatolioPAMM on March 23, 2015, 09:55:35 AM

Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

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

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but nevertheless quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

funtotry

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Quote from: Natalia_AnatolioPAMM on March 23, 2015, 09:55:35 AM

Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

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

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

Natalia_AnatolioPAMM

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Quote from: lumen on March 07, 2015, 03:59:21 AM

I have USD 2000 to invest. Should I buy Bitcoins or gold?

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

funtotry

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Ever wanted to run your own casino? PM me for info

Quote from: dance4gold on March 22, 2015, 06:10:26 AM

Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! Shocked

Well usually the unpopular choice is higher risk but also higher reward. Chances are the more popular investment is smaller payout and reward but it is also a lower risk because everyone is doing it and it is deemed safer.

ranlo

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Quote from: deisik on March 22, 2015, 06:24:31 AM

Quote from: dance4gold on March 22, 2015, 06:10:26 AM

Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! Shocked

This will be yet another way to lose money (and most likely one of the quickest). What you suggest is trying to catch a falling knife. It is a fools game which ultimately culminates in your account getting wiped out. It may make you feel like a super trader, or even a hero of sorts ("buy in when there's blood on the streets"), but in reality it is the first step towards your bankruptcy...

Yeah, don't just buy because others are selling. Or you'll end up holding something like Radio Shack, which has declared bankruptcy.

Vhawk23

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The first thing come out of my mind is... Gold
But, it's up to you, even Bitcoins is a risky investment...
But hey... Are there any risk free investment?

The answer is No
So, it's all up to you, but my suggestion is gold Grin

deisik

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Quote from: dance4gold on March 22, 2015, 06:10:26 AM

Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! Shocked

This will be yet another way to lose money (and most likely one of the quickest). What you suggest is trying to catch a falling knife. It is a fools game which ultimately culminates in your account getting wiped out. It may make you feel like a super trader, or even a hero of sorts ("buy in when there's blood on the streets"), but in reality it is the first step towards your bankruptcy...

dance4gold

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Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! Shocked

galbros

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Have some fun, split your investment half and half. See how you like having some of each. Gold is fun to look at and has been around forever, bitcoin is really fun and easy to use.

Good Luck!

Hfleer

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Quote from: Melbustus on March 21, 2015, 02:13:33 PM

Quote from: lumen on March 07, 2015, 03:59:21 AM

...can hold upto 1 year

Uh, if your timeframe is <=1yr, neither of those makes much sense. Gold is a long-term hedge against a fiat collapse that somehow results in at least some of the world regressing to a gold-standard, and bitcoin is long-term bet on a new inflation-hedge digital-money asset-class plus growth of a new censorship-resistant global payment network (plus some probability that in a fiat-collapse people would find bitcoin more useful than other alternatives (like gold-backing a new fiat)).

It makes almost no sense to think about either on sub-year timescales.

The problem in the crypto scene is that most people here are novel investors and have no idea what timeframes are normal.

No sane investor would do a buy&hold strategy into stocks, if they need the money within 6 or so months. In bitcoin that is the daily business...

Melbustus

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Quote from: lumen on March 07, 2015, 03:59:21 AM

...can hold upto 1 year

Uh, if your timeframe is <=1yr, neither of those makes much sense. Gold is a long-term hedge against a fiat collapse that somehow results in at least some of the world regressing to a gold-standard, and bitcoin is long-term bet on a new inflation-hedge digital-money asset-class plus growth of a new censorship-resistant global payment network (plus some probability that in a fiat-collapse people would find bitcoin more useful than other alternatives (like gold-backing a new fiat)).

It makes almost no sense to think about either on sub-year timescales.

Chef Ramsay

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Quote from: mrhelpful on March 17, 2015, 04:33:49 PM

Why not just buy $1,000 worth of gold, then do $1,000 worth of bitcoin, and which one grows faster lol.

But since you split 50/50 you can see which one scales in profit? so you wont lose entire $1,000 if bitcoin ever did crash cause you got gold to back you up.

I only say this because NO ONE can read the future.

It'd be very hard to buy exactly $1000 of gold as the increments it comes in are usually oz, half, quarter, tenth and gram so you'd have to mix and match to get in to your target amount in dollars. Plus, dealers usually hit you with heavy premiums, like $50 per oz. I'd prefer all in bitcoin unless you want something shiny to look at.

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