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Author Topic: Bitcoin fall to $8,500 is to buy Gold  (Read 2091 times)
baby222
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January 18, 2018, 11:16:36 AM
 #41

I personally think that in just few years bitcoin will be more valuable than gold. Gold is now the safest investment but I give a lot of credit to bitcoin and cryptocurrency.
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January 18, 2018, 11:24:20 AM
 #42

Nothing wrong in putting your money in gold, gold is the most secure investment and more stable, crypto volatility is high, the chance to get profit is bigger but the risk is also very big, if you want to save for retirement go for gold
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January 18, 2018, 11:25:19 AM
 #43

Cryptocurrency is more profitable than gold. But gold is safer and has a strong real value than cryptocurrency. So if anyone sells bitcoin to divert into gold is a very reasonable thing. That does not mean gold is better than bitcoin or vice versa, but it's a smart idea to maximize profits and keep it safe.
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January 18, 2018, 11:32:34 AM
 #44

Gold has been here for thousands of years but I don't know if some people made 10000% profit from Bitcoin, yes gold is still profitable but not as profitable as bitcoin, in just 5 years it increased to 10000% something gold has not attained in their thousands of years of existence.
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January 18, 2018, 11:33:21 AM
 #45

I sold all my crypto a few weeks back and put the lot into gold.

Seems I made the right call.

Hodl forever is bullshit, sometimes you need to take a step back and know when to take profit and stabilise your gains.

Why buy gold then? Why not just hold fiat? Gold doesn't give high returns.
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January 18, 2018, 11:34:29 AM
 #46

Some years ago I read that some smart people start investing in copper instead of gold, because it "will" be more worth in the long run... dunno if this will ever come true but I can see the logic behind that... you just need more copper than gold and it is also limited.
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January 18, 2018, 11:36:35 AM
 #47

Are you for real or am i missing something. Bitcoin raised %12 from morning to present. This is the best time to buy bitcoins or altcoins. Go pump!!!
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January 18, 2018, 11:48:42 AM
 #48

I sold all my crypto a few weeks back and put the lot into gold.

Seems I made the right call.

Hodl forever is bullshit, sometimes you need to take a step back and know when to take profit and stabilise your gains.

Why buy gold then? Why not just hold fiat? Gold doesn't give high returns.
Some really prefer buying gold because it is stable compares to cryptocurrency, some are just wishing to earn at least some money rather than storing their money without any return, yes we are aware that gold will just give you less return but it is fine for some people rather than taking risk.
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January 18, 2018, 11:52:55 AM
 #49

Gold is safe because it doesn't fluctuate like Bitcoin, and stays at a constant rate for a very long time. And because of that, it doesn't generate quick profits as well. Now its everyone's own choice if they want a long-term safe investment or a short-term profitable investment, and they should choose Gold or Bitcoin accordingly.
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January 18, 2018, 11:53:17 AM
 #50

I sold all my crypto a few weeks back and put the lot into gold.

Seems I made the right call.

Hodl forever is bullshit, sometimes you need to take a step back and know when to take profit and stabilise your gains.

Why buy gold then? Why not just hold fiat? Gold doesn't give high returns.

at least if we have gold, it gives some stable profit from time to time and ordinary people just know gold as the best investment. but if they know bitcoin, I think they will choose as the best investment for them. it is a good idea to sell some of our bitcoin and then we buy a gold and save it in a deposit box in our bank account. it will more safe for us to have gold but bitcoin is more good than a gold.

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January 18, 2018, 11:55:29 AM
 #51

Bitcoin will never fall on that market value or not even closer to that. The once bloody market that we had witnessed has already passed and it seems that it's getting back to normal again. Both Bitcoin and Gold are two completely different thing but bitcoin has the bigger percentage of giving you a profit that could go 10 times fold.

First77 (OP)
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January 18, 2018, 02:16:46 PM
 #52

Gold has been here for thousands of years but I don't know if some people made 10000% profit from Bitcoin, yes gold is still profitable but not as profitable as bitcoin, in just 5 years it increased to 10000% something gold has not attained in their thousands of years of existence.
for gold price to go up +10%, it needs $3,000,000,0000,000 to $6,000,000,000,000.  Wink

Bitcoin never went above $600,000,000,000
First77 (OP)
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January 19, 2018, 10:43:28 AM
 #53

Bitcoin price going above $2,000 is the reason Bitcoin price fell from $20,000 to $10,000.
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January 19, 2018, 02:01:00 PM
 #54

Nothing wrong in putting your money in gold, gold is the most secure investment and more stable, crypto volatility is high, the chance to get profit is bigger but the risk is also very big, if you want to save for retirement go for gold

Every year $3,000,000,000,000 cannot be invested in Gold and old time investors do sell gold to buy land, houses, family expenses etc.. so some years gold price falls and Gold price goes by 10% to 20% in a year.

Now $400,000,000,000 will not be invested in Bitcoin every year when USA stock markets went up +30% since November 2016 (That could be $20,000,000,000,000 worldwide)

So I say Bitcoin will be at $600 Smiley because old time investors will sell bitcoin to buy house, gold, silver, stocks, family expenses.

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January 19, 2018, 02:03:15 PM
 #55

I do not think that this is the right decision. You should better remain stayed or invest more as the price has reduced.
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January 19, 2018, 02:05:30 PM
 #56

invest quick. last time chance to buy below 10k
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January 19, 2018, 02:24:58 PM
 #57

Bitcoin will never fall on that market value or not even closer to that. The once bloody market that we had witnessed has already passed and it seems that it's getting back to normal again. Both Bitcoin and Gold are two completely different thing but bitcoin has the bigger percentage of giving you a profit that could go 10 times fold.

Of course, we have seen that a correction is normal and temporary. No need to shift back funds from bitcoin to other investment platforms because you just make it too complicated on your end. The price is currently above $11,700 and if it goes to $12,000 then is safe to assume that the bears are coming back. But as far as investing on Gold, its also a good move, I have nothing against Gold investors. But for me going to move my funds because the price of bitcoin is declining, I wouldn't do that at all. Both are good for a long term profits, but I will rather stick to bitcoin which will give us a better percentage of profit at the end of the year just by holding on it.

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January 19, 2018, 02:54:10 PM
 #58

Just got some information/news that people are selling $100,000 in Bitcoins to buy gold. The money they are getting by selling Bitcoins is used to buy Gold

Gold is the safest investment. See the link

Says who, goldbugs?  Gold crept up last week, gone down yesturday and today.  Inconclusive at best, but really thats a negative correlation to the suggestion.  Individuals buying in to gold do not account for massive and sudden sell off across all crypto.  This is just looking for explanation beyond the simple reason crypto holders get scared easy, one bad news story and all the bullish talk of the moon evaporate.  
gold and Bitcoin are two different things stop comparing them
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January 19, 2018, 02:56:13 PM
 #59

bitcoin peice is dumping and it price will increase soon.experts predict the success of the bitcoin in 2018.but some peole don't want  to take risk and they sell it for being a safe zone.but the price will pump soon.
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January 19, 2018, 02:58:21 PM
 #60

The safest investment - is the investment in a few different areas of activity. Gold, cryptocurrency, the property.
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