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Author Topic: Should I sell some gold for bitcoin?  (Read 709 times)
kingcrimson (OP)
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November 10, 2012, 06:23:33 AM
 #1

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?
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November 10, 2012, 06:43:30 AM
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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.

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November 10, 2012, 07:05:39 AM
 #3

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.

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November 10, 2012, 07:10:56 AM
 #4

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.

securo
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November 10, 2012, 07:19:38 AM
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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.
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).

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November 10, 2012, 10:32:03 AM
 #6

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.
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).
+1, Bitcoin is high risk, however, if between Gold, Fiat and Bitcoin I could only choose two, I'd take Gold and Bitcoin any day of the week.
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