Title: Markets forcing people into riskier investments - Gold et al 2013 Post by: jago25_98 on January 09, 2013, 02:07:33 PM Technical analysis from Bitcoinbullbear predicts gold,silver,palladium as down for 2013.
I would expect a vested interest there. However I do value the forecasts that have been made there. They have been the best source for Bitcoin forecasts so far. Given this view, it would seem like a good idea to move savings from precious metals into Bitcoin. But I'm still not that bullish. I prefer to use Bitcoin as a utility with a small amount saved by just in case, and instead have savings in precious metals. But what can one invest in if those main markets are all predicted as down? I don't want to make a lot of money this way - I just want to avoid taking more than minor losses. I have some alternative ideas for investment but they seem so much more risky than holding gold (for example). What to do...? At this point I would say if you own property, invest in things like solar panels, methane generation, micro farming. But I'm mobile... Perhaps there's a way to invest in online assets that isn't centralized? Title: Re: Markets forcing people into riskier investments - Gold et al 2013 Post by: Lethn on January 09, 2013, 02:16:15 PM I'd love to see a P2P Stock Exchange set up, especially if it involves Bitcoin but no one seems to be actively developing it yet but the idea does seem to be floating around.
Title: Re: Markets forcing people into riskier investments - Gold et al 2013 Post by: myself on January 09, 2013, 04:02:00 PM a p2p stock market have a chicken egg problem and so far the use it can have is money laundering
Title: Re: Markets forcing people into riskier investments - Gold et al 2013 Post by: Lethn on January 09, 2013, 04:12:02 PM Yeah, criminal activities seems to be the only real argument against Bitcoin stuff in general really but that's the price you pay for a mostly anonymous free market and that's a very small problem compared to what a lot of other conventional markets have to deal with.
Title: Re: Markets forcing people into riskier investments - Gold et al 2013 Post by: cypherdoc on January 09, 2013, 07:35:07 PM They have been the best source for Bitcoin forecasts so far. while i respect S3052, you can't say this since you haven't been subscribed to my newsletter ever. Title: Re: Markets forcing people into riskier investments - Gold et al 2013 Post by: jago25_98 on January 09, 2013, 07:58:03 PM They have been the best source for Bitcoin forecasts so far. while i respect S3052, you can't say this since you haven't been subscribed to my newsletter ever. haha, yes sorry about that! I prepared this post before I actually noticed yours! open for a free sample anytime ;-) |