should i go 50/50 with gold and bitcoin?

[newbit123]

at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

[European Central Bank]

Is that 30 bitcoins all the money you have in the world? If you do then that's kinda crazy. Gold doesn't do it for me but you can't deny it's not going anywhere any time soon. I don't think you'll get a very neutral opinion about bitcoin here.

[Cconvert2G36]

You have to decide that yourself, people here are likely to just be talking their book, myself included.

You could have picked a worse time to buy some gold, like the last 5 years... so there's that.

BTC has doubled since the 225 doldrums. It's also a fairly high risk bet just in general, so the "all eggs in one basket" warning is a real one. Flip side of that risk is that it could moon without you.

[The Sceptical Chymist]

Diversify your assets, my man.  30 btc is a lot, but I definitely wouldn't keep everything you own in btc.  Gold is probably a good short-term bet, but I'd say look at the stock market too.  We're due for a correction, and you can probably scoop up some cheap stocks.  I think 15 btc is good to keep.

[lottery248]

probaly not recommend for gold, unless gold price is on the low level which convinces you to go long, and gold is unlimited outside the earth. more recommended to go long with bitcoin for now. depends on your interest.

[DrLove2048]

I'd keep the 30 BTC. There is much more to be gained with it then in gold.

[suda123]

at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

In this generation where people live on the internet and never go outside anymore, if the internet does go down you have other things to worry about other then gold or silver, you need to get food,water and guns.

Then you can use the guns to rob people with gold and silver.

[MatTheCat]

at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

BTC is an investment with HUGE systemic risk.

Gold is an investment which has proven itself as a store of value for the entire duration of human civilisation.

BTC has bottomed out (for now) in 2015 for sure. Gold may have just bottomed out, or may still be bottoming out. Whatever happens, providing you are thinking in terms of a 5-10 year investment, now should prove to be a tremendous time to buy gold. Down almost 50% on it's 2011 high!

In terms of growth of profits, you are likely to see far more potential yield in the immediate future with Bitcoin, but if you fail to time your exit well, also far more potential for evaporation of profits.


I believe we are entering the final wave of the 'fear cycle'. Expect massive market corrections in the next 18 months. Usually under these circumstances, hard assets or safe haven assets do very well, as the fear, uncertainty, and doubt, drive people away from investments with counter party risk, and into things which are 'solid'. If the market can be tricked into believing that Bitcoin is a 'hard asset', then we may see blistering gains in Bitcoin compared to gold, but the core difference will always remain, that gold is real, it is formed within a very narrow band of time in the final moments before a star goes supernova, hence it's rarity across the entire cosmos. Bitcoin on the otherhand, is vapour, and one day, it will be revealed to be nothing more than that, whethet that is 5 years, or 50 years from now.

Gold is an insurance policy, BTC is about as highly speculative an asset as it gets. Do what makes you feel good/comfortable with yourself.
 

[kwukduck]

You can expect btc to crash real hard soon. Fear is really strong right now and growing rapidly, it's a matter of time before people start mass panic selling again. I recommend putting most in alternative and more promising investments. Maybe keep 1-5 btc.

[icem3lter]

You can expect btc to crash real hard soon. Fear is really strong right now and growing rapidly, it's a matter of time before people start mass panic selling again. I recommend putting most in alternative and more promising investments. Maybe keep 1-5 btc.

The price will probably rise before the halving, and people will expect the price to skyrocket on the day of the halving. On that day the prices will not skyrocket. This will cause a massive panicking people will sell their Bitcoins and the price will drop to the 100s.

[Shiver]

Gold I wouldn't call an investment, as it's purchasing power remains largely the same (ignoring typical swings).  What you could buy for an ounce of gold a century ago is pretty much what you can buy with it now.  The FIAT by which it is measured has seriously taken a dive however.

If you're feeling a little too exposed in BTC then Gold could be a decent option (but keep it yourself, and not in a bank).  Just don't expect any stellar gains with it, but more of a safety storage of your assets.

After the stock crash (whenever that will be), there will be some good pickings to be had, but if you wanted to buy now then it tends to be unethical investments that weather a storm better.

If the internet should go down, then society will be in a tailspin and BTC will be the least of your worries.

[Amph]

i would do 30/70, i would favor bitcoin, because it is really in the way to increase dramatically, you would profit much more than having 50% on something which is stagnant, and will remain stagnant

because stability = stagnation

[Kevin77]

i would do 30/70, i would favor bitcoin, because it is really in the way to increase dramatically, you would profit much more than having 50% on somethign which is stagnant, and will remain stagnant

because stability = stagnation

Yes, even going 90/10 with the bitcoin and gold must be a wise decision in my perspective. But I never recommend to go hundred percent with bitcoin alone.
Diversifying our investment is must for portfolio management. But we can trust bitcoin to invest more.

[lexuz]

i think your choice is good split investment with percentage 50/50 but if i'm it's you i would make 40/60 because i'm sure mid this year bitcoin price will jump high

[Amph]

i would do 30/70, i would favor bitcoin, because it is really in the way to increase dramatically, you would profit much more than having 50% on somethign which is stagnant, and will remain stagnant

because stability = stagnation

Yes, even going 90/10 with the bitcoin and gold must be a wise decision in my perspective. But I never recommend to go hundred percent with bitcoin alone.
Diversifying our investment is must for portfolio management. But we can trust bitcoin to invest more.

yeah i agree i would personally do it in the way you said, but maybe the OP is more conservative, so i said 30/70

if i want to be honest i would invest everything in bitcoin right now, the trend is vastly different than what it was last year,

you would do a great error comparing it to 2014 for example...but i know that people tend to have difficulty to forget the bad things

[smoothie]

at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

THREE WORDS: Think For Yourself

[pissedoff]

If you prefer to have the price stability of gold it would be good to invest 50% in gold.
If you can take the risks of holding bitcoins you can profit big time in the long run.

[1Referee]

at the moment i have 30 btc now i could sell in the highs and buy gold leaving me with 15 btc.

im starting to think btc wont survive long due being entirely digital the thing could be abandoned or worse internet might go down what you guys think i would look pretty stupid buying something you cant see or hold im torn to shreds right now.

ive listened to max keiser and proffs that bitcoin could be worth tens of thousends i think its the most sensible thing to do "dont put eggs in one basket" on all...

it draws a fine line... i.e. all that electricity to "mine" bitcoins pushing hardware to the max and with exchanges like crypsty and cexio mucking me around i just dont see the future help me realise this what should i do?

30BTC is a more than decent amount to have, especially for the long term. Due to Bitcoin's fully digital nature it doesn't mean it won't survive. At some point in the future the majority of payments around the world will be done digitally by people paying with their smartphones and such.

If you do want to spread your investments, then you surely can do that. 75% invested in Bitcoin and 25% invested in Gold isn't that bad of a spread of investments. I personally would keep all the 30 Bitcoins and keep it offline in a secure manner for the future. But you are free to do what you want.

[afbitcoins]

I'd favour bitcoin, I switched some of the yellow metal for more bitcoin when bitcoin was somewhere in the $200's. I will get more gold when bitcoin is much higher than now. I think it is a good idea to switch some for gold but not yet. This bitcoin bull has hardly started.

[helloeverybody]

Id love to have 30btc but if you considor that we might not even be in the highs yet you might be kicking yourself in a few months if price does indeed skyrocket due to the halfing and other influencing factors. The price has been hovering around this price for a while now so it depends on whether or  not you expect it to plummet.