Topic: should i go 50/50 with gold and bitcoin? - page 12. (Read 8867 times)

The price will probably rise before the halving, and people will expect the price to skyrocket on the day of the halving. On that day the prices will not skyrocket. This will cause a massive panicking people will sell their Bitcoins and the price will drop to the 100s.

You can expect btc to crash real hard soon. Fear is really strong right now and growing rapidly, it's a matter of time before people start mass panic selling again. I recommend putting most in alternative and more promising investments. Maybe keep 1-5 btc.

BTC is an investment with HUGE systemic risk.

Gold is an investment which has proven itself as a store of value for the entire duration of human civilisation.

BTC has bottomed out (for now) in 2015 for sure. Gold may have just bottomed out, or may still be bottoming out. Whatever happens, providing you are thinking in terms of a 5-10 year investment, now should prove to be a tremendous time to buy gold. Down almost 50% on it's 2011 high!

In terms of growth of profits, you are likely to see far more potential yield in the immediate future with Bitcoin, but if you fail to time your exit well, also far more potential for evaporation of profits.


I believe we are entering the final wave of the 'fear cycle'. Expect massive market corrections in the next 18 months. Usually under these circumstances, hard assets or safe haven assets do very well, as the fear, uncertainty, and doubt, drive people away from investments with counter party risk, and into things which are 'solid'. If the market can be tricked into believing that Bitcoin is a 'hard asset', then we may see blistering gains in Bitcoin compared to gold, but the core difference will always remain, that gold is real, it is formed within a very narrow band of time in the final moments before a star goes supernova, hence it's rarity across the entire cosmos. Bitcoin on the otherhand, is vapour, and one day, it will be revealed to be nothing more than that, whethet that is 5 years, or 50 years from now.

Gold is an insurance policy, BTC is about as highly speculative an asset as it gets. Do what makes you feel good/comfortable with yourself.
 

In this generation where people live on the internet and never go outside anymore, if the internet does go down you have other things to worry about other then gold or silver, you need to get food,water and guns.

Then you can use the guns to rob people with gold and silver.

I'd keep the 30 BTC. There is much more to be gained with it then in gold.

probaly not recommend for gold, unless gold price is on the low level which convinces you to go long, and gold is unlimited outside the earth. more recommended to go long with bitcoin for now. depends on your interest.

Diversify your assets, my man.  30 btc is a lot, but I definitely wouldn't keep everything you own in btc.  Gold is probably a good short-term bet, but I'd say look at the stock market too.  We're due for a correction, and you can probably scoop up some cheap stocks.  I think 15 btc is good to keep.

You have to decide that yourself, people here are likely to just be talking their book, myself included.

You could have picked a worse time to buy some gold, like the last 5 years... so there's that.

BTC has doubled since the 225 doldrums. It's also a fairly high risk bet just in general, so the "all eggs in one basket" warning is a real one. Flip side of that risk is that it could moon without you.

Is that 30 bitcoins all the money you have in the world? If you do then that's kinda crazy. Gold doesn't do it for me but you can't deny it's not going anywhere any time soon. I don't think you'll get a very neutral opinion about bitcoin here.

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?