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Author Topic: What's The Best Currency To Invest In?  (Read 2700 times)
Nahl
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November 05, 2015, 05:15:02 PM
 #21

i'm still consider USD is the best currency for long term invest because the price is more stable than other currencies in the world
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bryant.coleman
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November 05, 2015, 05:30:11 PM
 #22

My first preference is the Swiss Franc (CHF). Switzerland is perhaps the most stable country in the world, and it is almost debt-free unlike the United States and Japan. The CHF is also one of the strongest and most widely accepted currencies in the world. Then there are also a few other promising currencies, such as the Singapore Dollar, the Macanese Pataca, and the Qatari Rial.
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November 05, 2015, 07:54:10 PM
 #23

I`m sorry but the only currency here is BTC that is in my opinion investable.

The USD only needs QE4 (which could happen soon) to go bust. I hold some € just for daily usage, because when the QE4 happens the EUR could go up.

But this is just toilet paper currency, the real deal is definitely BTC.

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November 07, 2015, 08:14:11 AM
 #24

Do people really invest in forex?
I do know that some people trade currencies and try to make money out of the volatility.

I think the best idea would be to hold assets denominated in your home currency. You are protected from FX volatility and your expenses / liabilities would also be denominated in the same currency.

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November 07, 2015, 10:32:27 AM
 #25

just in my opinion, no currency is safe for investing,the price always changing ,except gold or property

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November 07, 2015, 11:24:37 AM
 #26

Do people really invest in forex?
I do know that some people trade currencies and try to make money out of the volatility.

Actualy forex is not a real trading, it is simlar to casino, you can not take what you bought, but only make bets on where the price will go... Unlike trading of crypto-currencies, you will never lose until you sell cheaper than bought.
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November 07, 2015, 07:00:38 PM
 #27

Gold is always reliable  Wink

That's my currency now i cashed out a lot of btc.
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November 07, 2015, 07:47:25 PM
Last edit: December 02, 2015, 02:44:42 AM by bitcoinhopper
 #28

Property on the long term (20 years) is always safe. For the short term BTC and USD are solid invements.. if you don't panic sell offcourse Grin.

But the number 1 is Bitcoin offcourse.

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November 07, 2015, 09:57:26 PM
 #29

Do people really invest in forex?


They do indeed. And there are a fair few countries where mortgages and loans et al are priced in foreign currencies I guess because interest rates are lower. I well and truly don't understand why anyone would do it as any interest rate pales in comparison to currency fluctuations. Iceland was particularly keen on this then they got ravaged when their currency had a wobble.
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November 07, 2015, 11:36:41 PM
 #30

Do people really invest in forex?
I do know that some people trade currencies and try to make money out of the volatility.

Indeed, when you have 2 ponzi schemes competing against eachother like : USD vs EUR

You can make off money from the volatility driven by speculators, because essentially both currencies are worthless, so you are speculating on red toilet paper vs blue toilet paper, which is more valuable this day?


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November 07, 2015, 11:42:24 PM
 #31

Bitcoin of course. High volatility high chance of failure but also the highest possible gain. If you want to play, play big.

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November 07, 2015, 11:46:41 PM
 #32

My first preference is the Swiss Franc (CHF). Switzerland is perhaps the most stable country in the world, and it is almost debt-free unlike the United States and Japan. The CHF is also one of the strongest and most widely accepted currencies in the world. Then there are also a few other promising currencies, such as the Singapore Dollar, the Macanese Pataca, and the Qatari Rial.
You are right, but I am a bit afraid about CHF. With increased disclosure in Switzerland's financial sector they are not longer that home and global center of hidden money and a favored tax haven.
I heard that Singapore is now viewed as better option to keep your finances. And that is showing in their economy.  Foreign capital inflows will continue to increase in Singapore that puts upward pressure on the currency. Singapore dollar has one of the most stable paths of appreciation against the USD of almost any currency.
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November 08, 2015, 12:23:09 AM
 #33

A perfect currency doesn’t exist. If you want to invest in the U.S. dollar, then you’re timing better be excellent. If you want to invest in the Norwegian krone, it’s safe, but there isn’t much upside. The Singapore dollar? This could present rewards, but it’s not based on honest and sustainable policies. Gold is probably the best bet, but not at the moment.

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November 08, 2015, 12:51:02 AM
 #34

It depends on the purpose.

You want risky? Go with BTC, USD, EUR etc.

You want more security? Gold is a good choice.
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