should i go 50/50 with gold and bitcoin? - page 7.

Nextgen

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Quote from: Amph on March 11, 2016, 07:23:25 AM

Quote from: 1Referee on March 11, 2016, 05:29:45 AM

Quote from: Zemomtum on March 11, 2016, 05:26:55 AM

I will say 20% gold and 80% bitcoin. Gold is just a hedge against inflation, it will not rise in value in real terms.

It depends, Gold is being seen as safe haven by some people. Especially now people only receive around 0.5-0.7% interest on their savings accounts. People are looking for ways to spread their money. Gold is very popular in that aspect.

yeah but it's not going to have the potential for skyrocketing like bitcoin can have in the future, at best it can reach again its prime($2k)

the marketcap of gold is already so big that i don't see any real improvement for the long term

I would say that the "real improvement" term is actually suitable for Gold and definitely not to any crypto currency.The fake pumps might be profitable to the people and might also be good for the coin but is obviously pre-planned.

Even if bitcoin doubles or triples its price, there could be some whales who can destroy any time they want which isn't possible for Gold.Stability is way too important than pumps.If its savings then i would invest more towards stable stuff.

Amph

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Quote from: 1Referee on March 11, 2016, 05:29:45 AM

Quote from: Zemomtum on March 11, 2016, 05:26:55 AM

I will say 20% gold and 80% bitcoin. Gold is just a hedge against inflation, it will not rise in value in real terms.

It depends, Gold is being seen as safe haven by some people. Especially now people only receive around 0.5-0.7% interest on their savings accounts. People are looking for ways to spread their money. Gold is very popular in that aspect.

yeah but it's not going to have the potential for skyrocketing like bitcoin can have in the future, at best it can reach again its prime($2k)

the marketcap of gold is already so big that i don't see any real improvement for the long term

1Referee

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Quote from: Zemomtum on March 11, 2016, 05:26:55 AM

I will say 20% gold and 80% bitcoin. Gold is just a hedge against inflation, it will not rise in value in real terms.

It depends, Gold is being seen as safe haven by some people. Especially now people only receive around 0.5-0.7% interest on their savings accounts. People are looking for ways to spread their money. Gold is very popular in that aspect.

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I will say 20% gold and 80% bitcoin. Gold is just a hedge against inflation, it will not rise in value in real terms.

bitcoin-hunter

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Quote from: takingthis4 on March 02, 2016, 09:57:04 AM

Yes, because if one goes down atleasy other will bring you money, and if both will go up, then you will win alot

You are right and I think its pretty smart if you ask me because you can than gain a lot of profit at the end with them both.
You can do them both long term or one short term (btc) and one long term(gold), I think that would be much better to do in my opinion.

takingthis4

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Yes, because if one goes down atleasy other will bring you money, and if both will go up, then you will win alot

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Quote from: Nimbulan on February 27, 2016, 06:51:08 AM

Well you can, but i would go 70/30, since gold is pretty stable so i don't think that you will win something, while with bitcoin, risky but you can win alot

Yeah, and its always good to diversify your investments as we don't know from which product we can get profit or loss, so its better that we invest in both of them.

talkbitcoin

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All I know is that I know nothing.

gold is a sure thing for investment and you will know that you can't lose so much if you invest in it.

but bitcoin has more risk that makes it more profitable, especially this year that there is a halving on the way.

so you might wanna change 50/50 to 80/20 on bitcoin.

Nimbulan

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Well you can, but i would go 70/30, since gold is pretty stable so i don't think that you will win something, while with bitcoin, risky but you can win alot

CryptoBjorn

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Its good to invest in the bitcoin and gold these days because they both will increase in the future, I'm pretty sure about that its just a matter of time.
If you invest in the gold you can do it for a long term and for the bitcoin for a short time so you can have two different investment ways that is pretty sweet right ?

BitcoinHodler

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i was planning on the same thing, i wanted to invest some of my money in gold so i have a more reliable investment and have some profit but after looking at bitcoin and how the price is rising i decided against it cause i think the rise is so close now.

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Quote from: Moneyburner on January 28, 2016, 09:50:16 PM

Stay all BTC, you have a higher chance of becoming urber wealthy with BTC than with Gold. Gold is"safer" it can go down tooo

You are right but when you are thinking about it long term its good to do it 50/50 because than you can make profit on both, and if you fail you can still make money with the other investment you have.
I think that is the best way to gain profit and get rich by investing in multiple things.

Maticul

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I will have 40:60, gold:bitcoin. But over the time, the bitcoin will crease in value much faster than gold, the ratio will change to 10:90.

yefi

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Gold's currently tapping the top of the channel. We should be due a breakout now judging by historical patterns (not to mention global production is finally set to decrease this year). Even if 2011 proves to be the peak of the bubble, I would expect to see prices reach the 1400 range.

Of course, an asset with a marketcap in the trillions is never going to experience any great deal of growth. Bitcoin has orders more magnitude of potential.

BellaBitBit

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It is always good to stay diversified - metals are always a safe bet as storage and specifically in times of uncertainty and have been used for centuries. Nice job on having 30BTC, I only wish

maokoto

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Gold has proved (I think) to be quite safe, and something many people do not realize is that gold has value in itself (ductile metal, needed for some applications etc). However you have to balance the expectation of profit. It is not much with gold, but very high with BTC. Perhaps not 50/50, but a lower percentage on gold.

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Quote from: Oscoda on February 03, 2016, 08:09:51 AM

I would go 50/50 because the worth of gold can drop.
Bitcoin is newer it's only rising in value but is can be hacked

I would go for Gold that's an option you can be more sure of.
The only thing is the rates are dropping of gold so at this moment bitcoin is the better option.

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Quote from: 1Referee on February 03, 2016, 06:56:59 AM

Quote from: praprata on February 03, 2016, 06:36:27 AM

You can do that indeed. But gold remains gold. Bitcoin is very risky because because it can often be very much change.
But this risk you should take. Because you never know what can happen.

Every investment has a certain risk, especially if you are a short term minded trader.

Bitcoin vs Gold from the last 30 days; This period was bad for your Bitcoin investment, but decent for Gold.

Bitcoin ~ -13.90%
Gold ~ +5.10%

Bitcoin vs Gold from the last 6 months; This period was fantastic for your Bitcoin investment, but very disappointing for you Gold investment.

Bitcoin ~ +40.65%
Gold ~ +3.10%

this is exactly what i mean when i say that bitcoin has much more room for potential growth. the short term is not an indication of something. the long term is what we need to look at. on the other hand, gold didn't give much return in the last 6 months, but over that period the price/profit remained nicely stable. good for people who use gold as a store of wealth.

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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?

If you want an honest opinion I'd advise you to just follow your head. It's probably not advisable to go 100% bitcoin. I'm not sure if I'd recommend gold though.

Maybe just be boring & safe & invest in the highest interest bank savings bond that you can on a 4 or 5 year fixed rate. Locking fiat up for a while whilst not great is safe.

Another option could be real estate, put a deposit on a small apartment & rent it out. It's unlikely to lose money in bricks & mortar in the current climate.

Personally I'd keep about 20 bitcoin's in cold storage though, you'd be devastated if we ever went to 10,000 USD per coin or something.

Oscoda

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I would go 50/50 because the worth of gold can drop.
Bitcoin is newer it's only rising in value but is can be hacked

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