Bitcoin Forum
June 15, 2024, 06:13:06 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Preserving crypto profits, exchanging to gold  (Read 110 times)
ZvikaR (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
December 13, 2017, 04:49:53 AM
 #1

Hi there,

I recently wanted to cash out with a few of my Bitcoins and found out that a very good method is directly exchanging the cryptos to physical.
I'm not a big fan of the banking system and wanted something that is decentralized and seems to be that gold is the best option.
It also keeps the value without big fluctuations and usually goes up.
WhichIsGood
Member
**
Offline Offline

Activity: 112
Merit: 10

Young, Dumb & Broke


View Profile
December 13, 2017, 05:33:13 AM
 #2

I think that this is actually an ideal way of preserving profits because you can never tell what will happen to bitcoin or the whole crypto. I, for one, would like a tangible appreciating asset(like gold) in the long run rather than virtual/intangible one.

qiwoman2
Legendary
*
Offline Offline

Activity: 2114
Merit: 1023


Oikos.cash | Decentralized Finance on Tron


View Profile
December 13, 2017, 05:50:52 AM
 #3

It's always good to diversify your assets. I also one day want to buy property but now property is tokenized as well, so I can invest in fractional real estate and earn dividends on the blockchain. Gold is always a nice asset to own and silver as well. There might be a bull run on silver next year, there are rumors. It is always wise to have various assets in one's portfolio. When I have reached a certain plateau of profitability in the future, I would also like to diversify into other assets as well. Please can you kindly let us know what is the best way t transfer BTC to Gold? I would like to hear from you on this subject, thanks in advance.  Smiley


█▀█ █ █▄▀ █▀█ █▀ ░ █▀▀ ▄▀█ █▀ █░█
█▄█ █ █░█ █▄█ ▄█ ▄ █▄▄ █▀█ ▄█ █▀█



DeFi on Tron
and trustless token exchange
█████











█████

██████████████████████████████████████████████████████

JOIN OIKOS

██████████████████████████████████████████████████████

█████
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
    █
█████
CoinCollector006
Sr. Member
****
Offline Offline

Activity: 350
Merit: 251



View Profile
December 13, 2017, 06:19:17 AM
 #4

You could also try exchanging your bitcoins for low P/E stocks so that you can exchange one pricey asset for an undervalued asset. I was looking at McKesson (MCK), Molson Coors (TAP) and Micron Technology (MU) as new ideas.

      ░▓██████████████░
    ░▒██            ▒██▒░         ▓█████▓                               ░█████▒               ███                   
█████▓░     ██████░   ▒▓████      ██░░░▓█▓                             ▒███▒▓███              ███                     
██        █▓▒▒▒▒▒▓▓█▓▒    ██     ▒█▓    ██                             ███   ▒██▒                                 
▓█      ░█▓▒▒▒▒▒▒▒▒▓▓▓█░  █▓     ▓█▒   ▒█▓  ░████▓    █████   ░█████▓  ██▓    ██▓  ███████▓   ▓██   ▒█████▓   ███████▓
░█░    ░█▓▒▒░░░░░▒ ░▒██  ░█░     ██    ██░  ██  ▓█▒  ██░ ▒█▓  ▓█▓  ██  ██▓    ██▓  ███▒ ▓███  ███  ▒██▓ ▒██▒  ███▒ ▓███
 ██    ██▒░░░▒▒ ░░▒▒▓█▒  ██     ▒█▓    ██  ██   ▒█▒ ▓█░   █▓  ██   ██  ██▓    ██▓  ███   ███  ███  ▓██   ██▓  ███   ███
 ▒█░ ░▒█▒▒▒░░░░░▒▒▒▒▒▒█ ░█▒     ▓█░   ▒█▓  ███████  ███████░ ░█▓   ██  ██▓    ██▓  ███   ███  ███  ▓██   ███  ███  ░███
  ██ ░██▓▒▒░░░▒▒▒▒░░░█░ ██      ██    ██░ ▒█▓░▒░░  ░█▓░▒░░░  ▓█░  ▒█▒  ██▓    ██▓  ███  ░███  ███  ▓██   ███  ███  ░███
   ██  █▓██▓▒▒▒▒░▒▒▓█▒ ██      ▒█▓   ░██  ██       ▓█░       ██   ██   ███   ▒██▒  ███  ░███  ███  ▓██   ██▓  ███  ░███
    ██    ▒▓███████▓  ██       ██▒  ▒██   ██  ░██  ▓█░  ██░ ░██  ▓█▓   ▓██▓▒▒███   ███  ░███  ███  ░██▓░▓██▒  ███  ░███
     ██░       ░    ░██        ██████▓    ▒█████   ░█████░  ▓█████▓     ▒█████▓    ███  ░███  ███   ▒█████▒   ███  ░███
      ▒██          ██▒                                      ██                                                   
        ▒██░     ▓██                                       ▒█▓                                                         
          ▓██░ ▓██░                                        ██░                                                         
            ▒██▓
Tor Integrated & Secured
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!