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Topic: should i go 50/50 with gold and bitcoin? - page 10. (Read 8867 times)

member
Activity: 70
Merit: 10
January 09, 2016, 02:18:05 PM
#50
Wait for break 1200 before buy gold, it could be a classic bull trap. I'm on markets since 1999, and i think gold goes under 1000$ shortly
Gold right now costs around 1,100 USD which 244% more than bitcoin, i could go with bitcoin before

Well, why not buy DOGE  wich is 99.99999% under gold? I think your idea is not really good  Roll Eyes
member
Activity: 70
Merit: 10
January 09, 2016, 02:15:28 PM
#49
Do whatever you feel is good for you. I advice you not to sell any of your Bitcoins as long as we aren't even close to the halving. After the halving you can secure some profits by selling a few coins. You can then buy yourself some gold.

I mean like investing in something with intrinsic value is better than investing in something without any intrinsic value. It's far more safer to invest in gold.

If I still had any BTC I would hang onto them for now, especially as the Chinese Yuan looks likely to devalue again soon, and BTC is popular there for parking assets - along with gold too of course.  Btw, I don't think you can necessarily count on a BTC halving occuring - though if it does, I'll re-stock. Of course, you can't rely on gold being the right price when you sell any BTC - it could either be too soon or too late.

Wait for break 1200 before buy gold, it could be a classic bull trap. I'm on markets since 1999, and i think gold goes under 1000$ shortly

I agree. Do you follow Armstrong at all? Depending on time, Feb/March looks like when it could happen, yes? I would prefer to start taper buying at $1000 and take it from there if it goes lower.

No, i'm not follow Armstrong. I've a jewerlery since 1999. So i bought gold since it was @ 200$ or @ 1900$ too Cry. But gold market is really hard to understand.
hero member
Activity: 994
Merit: 500
January 09, 2016, 01:59:49 PM
#48
I would go for a diversified investment too.
Never bet on 1 horse. So fifty fifty is a good option. However i prefer the stock markets too, since they are less risky and offer a better ROI.

Taking in account a period of 3-5 years
sr. member
Activity: 476
Merit: 250
January 09, 2016, 01:23:25 PM
#47
Is your choice no one is stopping you, but if I was you I would just do 30% gold and 70% for bitcoin.
I feel like that bitcoin will be more profitable, but is not my life and choice.
Well good luck than if you do 50/50 is nice to do if you earn a lot of money with it.
legendary
Activity: 1134
Merit: 1000
January 09, 2016, 01:21:22 PM
#46
at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

What you can do with your bitcoins is only your problem and no one have the right to judge your decision. The same with what you think. But in the same time even everyone have the right to tell what think about your decisions or previsions. Mine are totally against these you tell in your post. I wouldn't sell never 15 bitcoin to buy gold nor today and neither never. And not only gold but nothing. The best thing that can have someone who have bitcoin and which can be over it is only.... bitcoin itself. This is first.

The second is even more against than the first. How is possible to be worthless something that since the born 6 six years ago have known the biggest and fastest increase in value than everything else (currency, good or service). This "worthless thing" worth 450 times than the most strong and spread currency in the world named us dollar. This last currency is the most credible currency in the world and almost all the countries of the world use it as a irreplaceable currency in their monetary reserves which are used only or normally in critic economic situations. The "worthless thing" together with the "other finished thing" named internet, which, according to you will end soon, are the last most developed inventions of the human kind. The last one have changed radically the world of the last 30 years and the technology which has as the first materialization of it the "worthless thing" will change radically the world, at least, the next 30 years, but normally more than 50 years to come.

So my friend tell to them who have predicted to you the situation that make you to write your main post that must understand that being original don't mean to tell bullshits.
full member
Activity: 208
Merit: 103
January 09, 2016, 01:09:47 PM
#45
It is personal preferences to like more gold or bitcoin, but personally i would invest in bitcoin.
Gold is more stable but we expect a higher increase of bitcoin in upcoming years.

I'm thinking the same.First it's good to have both.And then it's one personal decision how much percent you go in what.
Bitcoin is definitely having the bigger potential for more growth, so if you want to take a bit more risk then choose Bitcoin.Maybe 60/40.

I'm no geek on the subject, but I understand there are technical reasons why BTC can't scale big without compromising its decentralized state.

... don't put all your eggs in one basket
You never know what will happen, you might lose and you might win

I'd go with that.
sr. member
Activity: 406
Merit: 250
January 09, 2016, 01:02:21 PM
#44
Everyone has their own opinion about bitcoin and gold
I would put most of it in bitcoin
but it's like you said, don't put all your eggs in one basket
You never know what will happen, you might lose and you might win
hero member
Activity: 798
Merit: 1000
January 09, 2016, 12:55:33 PM
#43
Wait for break 1200 before buy gold, it could be a classic bull trap. I'm on markets since 1999, and i think gold goes under 1000$ shortly
Gold right now costs around 1,100 USD which 244% more than bitcoin, i could go with bitcoin before
legendary
Activity: 1442
Merit: 1016
January 09, 2016, 12:54:19 PM
#42
It is personal preferences to like more gold or bitcoin, but personally i would invest in bitcoin.
Gold is more stable but we expect a higher increase of bitcoin in upcoming years.

I'm thinking the same.First it's good to have both.And then it's one personal decision how much percent you go in what.
Bitcoin is definitely having the bigger potential for more growth, so if you want to take a bit more risk then choose Bitcoin.Maybe 60/40.
full member
Activity: 208
Merit: 103
January 09, 2016, 12:53:13 PM
#41
Do whatever you feel is good for you. I advice you not to sell any of your Bitcoins as long as we aren't even close to the halving. After the halving you can secure some profits by selling a few coins. You can then buy yourself some gold.

I mean like investing in something with intrinsic value is better than investing in something without any intrinsic value. It's far more safer to invest in gold.

If I still had any BTC I would hang onto them for now, especially as the Chinese Yuan looks likely to devalue again soon, and BTC is popular there for parking assets - along with gold too of course.  Btw, I don't think you can necessarily count on a BTC halving occuring - though if it does, I'll re-stock. Of course, you can't rely on gold being the right price when you sell any BTC - it could either be too soon or too late.

Wait for break 1200 before buy gold, it could be a classic bull trap. I'm on markets since 1999, and i think gold goes under 1000$ shortly

I agree. Do you follow Armstrong at all? Depending on time, Feb/March looks like when it could happen, yes? I would prefer to start taper buying at $1000 and take it from there if it goes lower.
member
Activity: 70
Merit: 10
January 09, 2016, 12:49:51 PM
#40
Wait for break 1200 before buy gold, it could be a classic bull trap. I'm on markets since 1999, and i think gold goes under 1000$ shortly
legendary
Activity: 1232
Merit: 1091
January 09, 2016, 12:46:08 PM
#39
Do whatever you feel is good for you. I advice you not to sell any of your Bitcoins as long as we aren't even close to the halving. After the halving you can secure some profits by selling a few coins. You can then buy yourself some gold.

I mean like investing in something with intrinsic value is better than investing in something without any intrinsic value. It's far more safer to invest in gold.

Intrinsic as in something physical? I find Bitcoin to have much more potential growth than gold. It's just how I think about it.
sr. member
Activity: 281
Merit: 250
January 09, 2016, 12:38:52 PM
#38
Do whatever you feel is good for you. I advice you not to sell any of your Bitcoins as long as we aren't even close to the halving. After the halving you can secure some profits by selling a few coins. You can then buy yourself some gold.

I mean like investing in something with intrinsic value is better than investing in something without any intrinsic value. It's far more safer to invest in gold.
legendary
Activity: 1232
Merit: 1091
January 09, 2016, 12:34:03 PM
#37
Do whatever you feel is good for you. I advice you not to sell any of your Bitcoins as long as we aren't even close to the halving. After the halving you can secure some profits by selling a few coins. You can then buy yourself some gold.
full member
Activity: 208
Merit: 103
January 09, 2016, 12:31:55 PM
#36
I'm 35% gold & silver, 60% bitcoin and 5% cash. Wink

I guess by cash you meant bank deposits. But I do not invest nay money into bank for interest gaining as in my country bank interest rates are very much lower than inflation rate. So, the worth of money's buying capacity is getting decrease over time if we invest  in bank.

I would be very wary of keeping "cash" in bank deposits due to the likely Cyprus-style bail-ins on the way. As many of you will be aware, you don't own the money in your account, the bank does. You are simply one in a long line of creditors if the bank fails, so would most likely end up with little or nothing after any significantly financial event. Or, with credit controls in action, be rationed so much a week, as in Greece. For me, "cash" means the stuff I can actually hold in my hand.
hero member
Activity: 2072
Merit: 503
January 09, 2016, 12:24:22 PM
#35
it does not hurt, if you're less confident with the increase in bitcoin, you must take the 50:50, even as you play the trading, if the gold price falls, the price of bitcoin might be able to pay it, and vice versa
hero member
Activity: 2646
Merit: 586
January 09, 2016, 12:23:08 PM
#34
I'm 35% gold & silver, 60% bitcoin and 5% cash. Wink

I guess by cash you meant bank deposits. But I do not invest nay money into bank for interest gaining as in my country bank interest rates are very much lower than inflation rate. So, the worth of money's buying capacity is getting decrease over time if we invest  in bank.
hero member
Activity: 559
Merit: 500
January 09, 2016, 12:17:50 PM
#33
I'm 35% gold & silver, 60% bitcoin and 5% cash. Wink
legendary
Activity: 1218
Merit: 1006
January 09, 2016, 12:05:41 PM
#32
As all other have suggested bitcoin price is likely to be rise just before halving and you can look at the trend (look on monthly figure) you will find steady rise of price. And there is halving and china huge buying force making good support at this high prices.
full member
Activity: 208
Merit: 103
January 09, 2016, 11:37:38 AM
#31
If it were me, I would certainly want to hedge with many more than two options; more like five or six+, which would include holding physical cash (low denominations in case of Greek-style credit controls, so you aren't handing over big bills for cheap items, and not getting enough change due to shortage of cash). I decided to get out of gold a year ago at the $1,300 high and am waiting for at least a drop below £1,000 before getting back in (possibly by March?), and I got out of BTC at the $315 blip before the $450ish high (playing too safe, I know).

As well as roughly 15% each in physical gold, cash and BTC,  I'd probably split the rest with land, DOW/SP500 ETFs (until just before the peak, possibly later in 2017?), some P2P loans (which combined give around 6% interest), including to deflation-friendly sector businesses and buying assets such as portable fine art, and "useful stuff": tools, machinery etc; things that could either be used to sell or barter with IF we end up with a severe downturn which affects infrastructure. Perhaps more likely to hit first where I am here in Europe before the States.

Just my take. Always interested to here other views.
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