should i go 50/50 with gold and bitcoin? - page 8.

WhatTheGox

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Quote from: newbit123 on January 08, 2016, 08:30:26 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 are young i would just keep it all in bitcoin, gold isn't go to go sky high anytime soon, maybe gold might hold its value. You get one chance though and 30 bitcoin could change your life. Hold for the longest time.

Amph

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Quote from: LuckyYOU on February 03, 2016, 06:11:38 AM

Quote from: 1Referee on February 03, 2016, 05:56:59 AM

Quote from: praprata on February 03, 2016, 05:36:27 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%

I think you need to invest all your money in bitcoins.
The future of the bitcoin is better and more profitable.
In my opinion bitcoin is also the future of the money.

no you can diversify but not with gold, but with other strong altcoin

i would do 50% bitcoin, 10% for eth, 10% for dash, 10% for doge(but only when you see a very low value <50 satoshi) and 10% for litecoin(but not right now, only in the eyar of the halving)

then you add another 10% on factom, seems promising

LuckyYOU

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Quote from: 1Referee on February 03, 2016, 05:56:59 AM

Quote from: praprata on February 03, 2016, 05:36:27 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%

I think you need to invest all your money in bitcoins.
The future of the bitcoin is better and more profitable.
In my opinion bitcoin is also the future of the money.

1Referee

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Quote from: praprata on February 03, 2016, 05:36:27 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%

praprata

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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.

Newcoins2020

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That is clever indeed. But gold have I always think.
Bitcoin can be hacked because you and that's the disadvantage of making money online.

But it is worth a lot so that's an advantage. But the chances of both is that the price may fall. which is the risk.

HarryKPeters

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Diversifying your investment is never a bad thing. So yeah both gold and bitcoin are good way to do that.
Mostly because they both are solid investments.

Buying Brent Oil is also very good right now.

conspirosphere.tk

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Quote from: shark32 on January 28, 2016, 05:36:40 PM

So the correlation can very well be explained by assuming that bitcoin is rising the most at exact those times when gold needs to be supressed the most for persaving more widespread panic.

I'm fully aware that this conclusion requires two strong assumptions and I could very well be wrong, but don't let yourself be fooled into believing that two graphs that show a similar pattern are proving a direct relation of the underlying effects.

Yes of course, and in previous years I had a definite impression of a strong positive correlation instead.
I found that chart interesting just for trading / asset allocation ideas (not certainties). Imho at this right moment gold seems to me a safer bet than btc (for who is interested to keep something on the safe side).

Interesting idea yours. But then the panic-fueled btc rocket now should be flying high (?)

LarryHocks

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That's your choice I think. I do not choose someone because it looks like my debts.
You should do what you want and where you feel comfortable with.

Moneyburner

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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

shark32

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Quote from: conspirosphere.tk on January 28, 2016, 10:06:37 AM

Gold and BTC have been negatively correlated at -70%, so with a balanced portfolio is likely that most of what you lose with one you gain with the other -and jumping from one to the other could be even better:

Correlation does not implie causation. The gold price is mostly made up of paper-gold valuation, which can easily be surpressed and in fact there is strong evidence that this is exactly whats happening.
Gold needs to be cheap as it's the most commonly accepted save-haven store of value. A low gold price therefore indicates that everything is alright and keeps the masses calm.

Bitcoin on the other hand tends to rise during economic uncertainty, mostly not because its seen like gold but for its capabilities to hide and move any given amount frictionless around the whole globe.

So the correlation can very well be explained by assuming that bitcoin is rising the most at exact those times when gold needs to be supressed the most for persaving more widespread panic.

I'm fully aware that this conclusion requires two strong assumptions and I could very well be wrong, but don't let yourself be fooled into believing that two graphs that show a similar pattern are proving a direct relation of the underlying effects.

uki

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Quote from: conspirosphere.tk on January 28, 2016, 10:06:37 AM

Gold and BTC have been negatively correlated at -70%, so with a balanced portfolio is likely that most of what you lose with one you gain with the other -and jumping from one to the other could be even better:
-snip-

Thanks for a nice picture. It looks very pretty, the trick is although the units are the same in the Y-axes, we are in very different values regions. Meaning, Bitcoin is much more volatile than gold. You may lose/win more if you keep it BTC-biased.

hasiramasenju

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yes you should do it but if you really like it because you have a great idea invest bitcoin for short term and invest gold for long term

lumeire

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Quote from: MatTheCat on January 12, 2016, 05:00:14 PM

Quote from: newbit123 on January 12, 2016, 12:01:03 PM

thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move

depending on bitcoins success/failure i will monitor this and adjust ratio

If Bitcoin gets back down to $200 range. It will be a correction that even the most (reasonably) bearish of punters will not have expected prior to the halving. If you want to wait on a pullback (wise decision), then I think you would be better served looking for an entry in mid $300s.

Infact, I will tell you now. Bitcoin aint going back down to the $200 range before the halving.

IMO the best bet would be to stay variable, like right now is the best time to accumulate BTC so have a larger bite of your portfolio leaning towards BTC I'd advice to keep 5-8% in liquid cash should something interesting would happen to the market - with that at least you'd be flexible.

conspirosphere.tk

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Bitcoin is antisemitic

Gold and BTC have been negatively correlated at -70%, so with a balanced portfolio is likely that most of what you lose with one you gain with the other -and jumping from one to the other could be even better:

https://tradeblock.com/blog/bitcoin-correlations-to-macro-environment-gold-and-yuan-standouts

Supercrypt

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Quote from: newbit123 on January 12, 2016, 12:01:03 PM

thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move

depending on bitcoins success/failure i will monitor this and adjust ratio

I don't think bitcoin will reach $200 soon and if it does reach this amount, it will take another year most probably to increase. Since, I also believe in bitcoin investments more, it's good to buy more bitcoins than gold as it's as well quite profitable compared to gold.

crairezx20

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Yeah maybe if i had 30 btc i will buy gold to because maybe in the future the bitcoin will down.
But for now im still collecting bitcoin to living..

uki

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Quote from: MatTheCat on January 12, 2016, 05:00:14 PM

Quote from: newbit123 on January 12, 2016, 12:01:03 PM

thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move

depending on bitcoins success/failure i will monitor this and adjust ratio

If Bitcoin gets back down to $200 range. It will be a correction that even the most (reasonably) bearish of punters will not have expected prior to the halving. If you want to wait on a pullback (wise decision), then I think you would be better served looking for an entry in mid $300s.

Infact, I will tell you now. Bitcoin aint going back down to the $200 range before the halving.

I also don't expect to see sub $300 prices before the halving. Most probably, the zone between $350 and $400 should stop any retrace. Therefore, looking for good entries now, I would set the buy orders there.

MatTheCat

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Quote from: newbit123 on January 12, 2016, 12:01:03 PM

thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move

depending on bitcoins success/failure i will monitor this and adjust ratio

If Bitcoin gets back down to $200 range. It will be a correction that even the most (reasonably) bearish of punters will not have expected prior to the halving. If you want to wait on a pullback (wise decision), then I think you would be better served looking for an entry in mid $300s.

Infact, I will tell you now. Bitcoin aint going back down to the $200 range before the halving.

randy8777

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Quote from: newbit123 on January 12, 2016, 12:01:03 PM

thank all for the advise ive decided to go 20% on gold. if bitcoin drops around 200 ish i will buy btc again and re sell if it goes to 400 ive effectively doubled my money this year so i think its a balanced move

depending on bitcoins success/failure i will monitor this and adjust ratio

there is no need to wait for the price to go down that much, especially with the great outlook that bitcoin has in 2016 and further. it's your choice, but at this point bitcoin will only increase more and more. if you keep waiting for the price to come down to unrealistic price levels, then you will probably end up buying at a much higher price.

Topic: should i go 50/50 with gold and bitcoin? - page 8. (Read 8884 times)