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Title: Should I sell some gold for bitcoin? Post by: kingcrimson on November 10, 2012, 06:23:33 AM With halving coming, should I sell a couple oz for bits. I wouldn't wanna miss it doubling or anything. Or I could hold the pm and just put a little money every month into bits. What would you do in my predicament?
Title: Re: Should I sell some gold for bitcoin? Post by: odolvlobo on November 10, 2012, 06:43:30 AM It's a non-event. The real question is which will be more valuable in the future, gold or BTC. My money is on BTC.
Title: Re: Should I sell some gold for bitcoin? Post by: cedivad on November 10, 2012, 07:05:39 AM I wouldn't take even only part of a gold investment to bitcoin.
Take some (little) fiat and buy like 100 bitcoins. It will be even more (in % out of total) of the gold you already have. Title: Re: Should I sell some gold for bitcoin? Post by: BitcoinCoffee.com on November 10, 2012, 07:10:56 AM I wouldn't take even only part of a gold investment to bitcoin. Take some (little) fiat and buy like 100 bitcoins. It will be even more (in % out of total) of the gold you already have. Agreed. Title: Re: Should I sell some gold for bitcoin? Post by: securo on November 10, 2012, 07:19:38 AM I wouldn't take even only part of a gold investment to bitcoin. I agree on cedivads advice, but please keep in mind on what forum you're asking. In my opinion gold is really low risk compared to bitcoin, which has an ever expanding possible profit (or loss). Take some (little) fiat and buy like 100 bitcoins. It will be even more (in % out of total) of the gold you already have. Title: Re: Should I sell some gold for bitcoin? Post by: kwoody on November 10, 2012, 10:32:03 AM I wouldn't take even only part of a gold investment to bitcoin. I agree on cedivads advice, but please keep in mind on what forum you're asking. In my opinion gold is really low risk compared to bitcoin, which has an ever expanding possible profit (or loss). Take some (little) fiat and buy like 100 bitcoins. It will be even more (in % out of total) of the gold you already have. |