should i go 50/50 with gold and bitcoin? - page 2.

miayama

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Quote from: tygeade on August 09, 2016, 05:04:24 AM

Quote from: FruitBucket on August 09, 2016, 05:00:59 AM

Quote from: John (John K.) on August 05, 2016, 10:51:56 PM

Gold and bitcoin prices seem to be closely correlated, except btc moves way faster. I'm going with a setup with gold/stocks/btc to hedge my worth regardless of market movements.

I think it is a good idea to hold the bitcoin and gold 50/50. But the bitcoin price will rise faster, but it is riskier.

If you compare the profits from bitcoin and gold then I am sure bitcoin will give higher profits in compare to gold, and bitcoin will also take care in short term to make quick profits.

The bitcoin is much riskier than the gold, but it has more potential. For me, I can take the risk and invest more in bitcoin.

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Quote from: FruitBucket on August 09, 2016, 05:00:59 AM

Quote from: John (John K.) on August 05, 2016, 10:51:56 PM

Gold and bitcoin prices seem to be closely correlated, except btc moves way faster. I'm going with a setup with gold/stocks/btc to hedge my worth regardless of market movements.

I think it is a good idea to hold the bitcoin and gold 50/50. But the bitcoin price will rise faster, but it is riskier.

If you compare the profits from bitcoin and gold then I am sure bitcoin will give higher profits in compare to gold, and bitcoin will also take care in short term to make quick profits.

FruitBucket

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Quote from: John (John K.) on August 05, 2016, 10:51:56 PM

Gold and bitcoin prices seem to be closely correlated, except btc moves way faster. I'm going with a setup with gold/stocks/btc to hedge my worth regardless of market movements.

I think it is a good idea to hold the bitcoin and gold 50/50. But the bitcoin price will rise faster, but it is riskier.

John (John K.)

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Away on an extended break

Gold and bitcoin prices seem to be closely correlated, except btc moves way faster. I'm going with a setup with gold/stocks/btc to hedge my worth regardless of market movements.

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Quote from: secone on August 05, 2016, 12:38:52 PM

Quote from: mark coins on August 05, 2016, 12:23:52 PM

Quote from: miayama on August 05, 2016, 12:17:59 PM

Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

Yeah its always better to save bitcoins in your offline wallet as they are very safe and its not easy for anyone to hack or steal your coins from your wallet.

yes it was a good choice, and not have to put a lot of money on bitcoin. but if just holding me think it's very safe and good enough to put a lot of money, except for investments.

Holding bitcoin for future is the safest way to make profits from it as holding doesn't involves any risks and you can sell it whenever you see higher price in future.

secone

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Quote from: mark coins on August 05, 2016, 12:23:52 PM

Quote from: miayama on August 05, 2016, 12:17:59 PM

Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

Yeah its always better to save bitcoins in your offline wallet as they are very safe and its not easy for anyone to hack or steal your coins from your wallet.

yes it was a good choice, and not have to put a lot of money on bitcoin. but if just holding me think it's very safe and good enough to put a lot of money, except for investments.

Backside walkaround

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Right now gold seems to be on a tear, so what OP has proposed probably isn't a bad idea. If he'd gone 50/50 he would have made money on both sides, because bitcoin and gold are higher. Hindsight is great, isn't it? Lol

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Quote from: mark coins on August 05, 2016, 12:23:52 PM

Quote from: miayama on August 05, 2016, 12:17:59 PM

Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

Yeah its always better to save bitcoins in your offline wallet as they are very safe and its not easy for anyone to hack or steal your coins from your wallet.

it is definitely the best idea, i would just buy all of the bitcoins possible and then just hold it all in my offline wallet what would allow me to make big profit

Leonard2016

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Quote from: mark coins on August 05, 2016, 12:23:52 PM

Quote from: miayama on August 05, 2016, 12:17:59 PM

Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

Yeah its always better to save bitcoins in your offline wallet as they are very safe and its not easy for anyone to hack or steal your coins from your wallet.

although creating an offline storage can be a little bit hard and time consuming especially if you want to do it on a linux (like what i did) and have little linix knowledge. but it is worth the time because it will save your funds in the end.

mark coins

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Quote from: miayama on August 05, 2016, 12:17:59 PM

Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

Yeah its always better to save bitcoins in your offline wallet as they are very safe and its not easy for anyone to hack or steal your coins from your wallet.

miayama

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Quote from: mindrust on August 03, 2016, 06:36:46 AM

Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

If you hold the bitcoins in your own wallet, there is no risk of being hacked like what happened to the exchanges.

mindrust

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Definitely you should. The less btc you own the more secure your investments are. An exchange gets hacked out of nowhere and bitcoin meets the floor in instant. If you are selling your btc's without any loss, then it is a wise move to buy gold. Gold prices are the same with back in 2012 right now, which looks like a good deal to me.

Assanger

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Quote from: LFC_Bitcoin on July 29, 2016, 06:07:12 AM

It seems a pretty good distribution of assets/personal wealth to go 50/50 with gold & bitcoin.

Anything that remotely holds value or has the potential to increase in value is better than shitty fiat bank interest rates, they are appalling at the moment.

50:50 is quite conservative. If you are a risk taker and want to be rich quick, it is better to allocate more bitcoin.

LFC_Bitcoin

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It seems a pretty good distribution of assets/personal wealth to go 50/50 with gold & bitcoin.

Anything that remotely holds value or has the potential to increase in value is better than shitty fiat bank interest rates, they are appalling at the moment.

miayama

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Quote from: Maticul on July 26, 2016, 03:27:10 PM

Quote from: Assanger on July 20, 2016, 04:18:26 AM

If you think the bitcoin price will rise a lot, it is better to allocate 70:30 with the ratio for the bitcoin:gold.

But the bitcoin is still in the early stages of development. It is still much more riskier than the gold.

So it is better to have 10:90 with bitcoin : gold. But I saw the Ethereum is also rising. so may be 10:10:80.

Maticul

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Quote from: Assanger on July 20, 2016, 04:18:26 AM

If you think the bitcoin price will rise a lot, it is better to allocate 70:30 with the ratio for the bitcoin:gold.

But the bitcoin is still in the early stages of development. It is still much more riskier than the gold.

Altynbekova

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Quote from: newbit123 on January 08, 2016, 09:30:26 PM

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?

That is not a bad idea because then you can make money on both platforms which is somewhat better because you have then 2 sources of income.
So if you want to do it then do it I think that it is a good idea.

Assanger

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If you think the bitcoin price will rise a lot, it is better to allocate 70:30 with the ratio for the bitcoin:gold.

ASHLIUSZ

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Quote from: JessicaSe on July 19, 2016, 09:49:41 PM

Quote from: angaper on July 19, 2016, 08:37:37 PM

It has always been for me very difficult to understand this strange tendency of some people to ask for this important questions on public forums. Maybe they are looking for a general consensus to decide what is more convenient for them at the moment of deciding how to invest their capital?

People will choose according to their convenience if they are comfortable with gold then they will go for it and if they think that bitcoin is better then they will invest in bitcoin.

Many investors in bitcoin also invest in gold and silver. Gold and silver does not give any interest, but there are thousands of years of history behind it. In the future there will be a need for both, and they will complement each other depending on what you need it for.

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Quote from: angaper on July 19, 2016, 08:37:37 PM

It has always been for me very difficult to understand this strange tendency of some people to ask for this important questions on public forums. Maybe they are looking for a general consensus to decide what is more convenient for them at the moment of deciding how to invest their capital?

People will choose according to their convenience if they are comfortable with gold then they will go for it and if they think that bitcoin is better then they will invest in bitcoin.

Topic: should i go 50/50 with gold and bitcoin? - page 2. (Read 8867 times)