Premium bonds are an utterly rotten 'investment'. I don't get why people bother with them. Depends how disposable that money is to you. There are lots of other more dependable possibilities if you've an appetite for a bit of risk.
I went into a stocks and shares ISA at the same time as BTC in 2013. The ISA is up 50% now.
Topic: Should I Cash in my Premium Bonds and Buy Bitcoin instead? (Read 953 times)
Can´t say what you should do with your premium bonds, but you definitely shouldn´t put a single penny into Bitcoin. (If you love money)
Can't say what you should do but If it was me, yes I'd go bitcoin instead.
Only invest what you can afford to lose. I am a firm believer in the future of bitcoin, but prudence is important with any investment.
Wise advice here, we're still in the very early days. It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Do you have bitcoins besides that already? If BTC4.5 means less than 20% of your total investments I'd say go for it! Otherwise you have to further analyze the risk.
Yes, I already hold 4.2btc
For clarification I meant 20% of your total investments including fiat, not 20% of your bitcoin holdings.
If I were you I'd convert your bonds to BTC if 4.2+4.5 is less than 20-30% of your total investments including fiat.
If you don't think, they will raise at all or just a little, I would go for BTC.
It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Do you have bitcoins besides that already? If BTC4.5 means less than 20% of your total investments I'd say go for it! Otherwise you have to further analyze the risk.
Yes, I already hold 4.2btc
For clarification I meant 20% of your total investments including fiat, not 20% of your bitcoin holdings.
If I were you I'd convert your bonds to BTC if 4.2+4.5 is less than 20-30% of your total investments including fiat.
It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Do you have bitcoins besides that already? If BTC4.5 means less than 20% of your total investments I'd say go for it! Otherwise you have to further analyze the risk.
Yes, I already hold 4.2btc
Only invest what you can afford to lose. I am a firm believer in the future of bitcoin, but prudence is important with any investment.
It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
If you're only willing to wait a year before you give up on an investment, bitcoin may not be ideal for you. It's more of a 5+ year game here for now. Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Do you have bitcoins besides that already? If BTC4.5 means less than 20% of your total investments I'd say go for it! Otherwise you have to further analyze the risk.
It would buy me about 4.5btc
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
Thanks
P.s, I have other savings as well. I bought the premium bonds last year expect to win something. Even a little something.. but so far I didn't win anything.
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