Bitcoin Forum

Other => Off-topic => Topic started by: forevernoob on September 26, 2015, 11:30:06 AM



Title: Everyone always say: Diversify your investment!
Post by: forevernoob on September 26, 2015, 11:30:06 AM
But what should you diversify into?

Everything seems to be going down lately.

The stock market is down, cryptocurrencies are down and even gold & silver are down.



Title: Re: Everyone always say: Diversify your investment!
Post by: Gervais on September 26, 2015, 11:43:21 AM
Well there are no safe or sure investments so you've just got to study the markets and make your own mind up. People don't have to invest either and if people feel like they need to they're more likely to lose their money all together.


Title: Re: Everyone always say: Diversify your investment!
Post by: forevernoob on September 26, 2015, 12:34:55 PM
Well there are no safe or sure investments so you've just got to study the markets and make your own mind up. People don't have to invest either and if people feel like they need to they're more likely to lose their money all together.

So your investment advice is to put the money under the mattress and forget about it?



Title: Re: Everyone always say: Diversify your investment!
Post by: TYT on September 26, 2015, 12:40:17 PM
Well there are no safe or sure investments so you've just got to study the markets and make your own mind up. People don't have to invest either and if people feel like they need to they're more likely to lose their money all together.

So your investment advice is to put the money under the mattress and forget about it?



Looks like his advice is don't throw your money away but doing nothing with it is better than putting it all on a risky venture. And just because the markets are down doesn't mean you shouldnt pout your money into them. Buying at a low is the perfect time. Personally I think bitcoin will be a good investment but its not going to happen over night. I'd say hold for at least 2-5 years. Depends how patient you are.


Title: Re: Everyone always say: Diversify your investment!
Post by: forevernoob on September 26, 2015, 12:51:57 PM
Looks like his advice is don't throw your money away but doing nothing with it is better than putting it all on a risky venture. And just because the markets are down doesn't mean you shouldnt pout your money into them. Buying at a low is the perfect time. Personally I think bitcoin will be a good investment but its not going to happen over night. I'd say hold for at least 2-5 years. Depends how patient you are.

We weren't discussing putting everything into a risky venture.
I'd like to discuss how to diversify your portfolio.

I already have money in Bitcoin. Should I really invest more into it?
Wouldn't it be better to diversify?

I don't understand how you can be so confident in Bitcoin succeeding with the current bear market?


Title: Re: Everyone always say: Diversify your investment!
Post by: hmblm1245 on September 27, 2015, 03:39:08 AM
But what should you diversify into?

Everything seems to be going down lately.

The stock market is down, cryptocurrencies are down and even gold & silver are down.



Everything is down which means a great time to invest.


Title: Re: Everyone always say: Diversify your investment!
Post by: LiteCoinGuy on September 27, 2015, 09:48:55 AM
But what should you diversify into?

Everything seems to be going down lately.

The stock market is down, cryptocurrencies are down and even gold & silver are down.



wow, these are great times for investing!


Title: Re: Everyone always say: Diversify your investment!
Post by: Lethn on September 27, 2015, 09:53:56 AM
People are in panic mode right now and are running around like headless chickens so they don't know where to go, I'm still absolutely convinced that cryptocurrencies and precious metals are the way to go, there will always be dips like this before a big price rise. Get ready for the end of the year to come, I think we're just seeing the beginning of a very big collapse, there are only so many times the federal reserve can bluff about raising interest rates before people just get tired of their bullshit.


Title: Re: Everyone always say: Diversify your investment!
Post by: RustyNomad on September 27, 2015, 10:11:05 AM
Diversification is about spreading your risk and not about selecting the best investment so do not try and find places to invest where the markets are 'up'. You do not know for how long they will be up and if they are currently up they will most probably start going down when the others start going up.

The question you should be asking yourself is 'What's going to be around and in demand in a year, 3 years, 5 years and 10 years from now?' So it's not so much about its current value but rather more about its future value. Even markets on its way down can turn out to be good investments. You just need to spread your entries into the markets so that you get a better entry average over time.

For me personally the things that will be around in years to come are bitcoin, precious metals, property, shares in food producing companies.


Title: Re: Everyone always say: Diversify your investment!
Post by: FanEagle on September 27, 2015, 11:18:46 AM
I often buy doges to keep them under control. I think it's a good way to keep them.


Title: Re: Everyone always say: Diversify your investment!
Post by: forevernoob on September 27, 2015, 08:51:08 PM
Get ready for the end of the year to come, I think we're just seeing the beginning of a very big collapse, there are only so many times the federal reserve can bluff about raising interest rates before people just get tired of their bullshit.


This is why I'm afraid to invest in stocks right now. I don't think we have seen the end of the collapse yet. When China bursts I think it's a good opportunity to buy in.
Question is if precious metals will see a rise in value when the shit hits the fan in China?

Maybe the best strategy would to buy precious metals now and then wait for the crash and buy stocks?

I'm not to sure about Bitcoin increasing in value any time soon though. There is too much uncertainty as of now. (block size debate etc)
And if Bitcoin crashes all other cryptos will tank.



Title: Re: Everyone always say: Diversify your investment!
Post by: chanlance on October 03, 2015, 04:37:25 AM
real estates has a better chance


Title: Re: Everyone always say: Diversify your investment!
Post by: codishmumu on October 25, 2015, 09:41:51 PM
real estates has a better chance
real estate is so boring though. Buy and sell, buy and sell? Ugh.