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Author Topic: Bitcoin fall to $8,500 is to buy Gold  (Read 2091 times)
Kahoy01
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June 28, 2018, 11:16:04 PM
 #101

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.

although gold is the safest investment, I still want to buy bitcoin and maybe if I have much of bitcoin then I will consider to buy gold for another investment. I need to think about how I can save my gold because if I keep in my house, then it will attract thief to come to my house and maybe I will rent safety box in my bank account and it means, I will spend more money for that box.
Yeah no doubt, gold is the safest investment if you want to be assured with your money but for me i want to invest mine to a more volatile investment like in digital currency most probably to bitcoins because i see bitcoin leading the worlds economy supported by alcoins.

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June 28, 2018, 11:19:23 PM
 #102

every person has a different thinking in investing, so let it be like that, if we do not follow the way, that does not mean we are wrong ..

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Baimovic
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June 28, 2018, 11:46:50 PM
 #103

gold is one safe investment so if you want to be safe and do not want to take risks, then you should switch to using gold rather than bitcoin. bitcoin is a digital coin that is like a stock market in general. so the bitcoin value can change at any time in seconds.
yes, I agree with you, that gold is one of the best investment places. but I think that bitcoin has always been the main investment place than gold.

the value of gold can also change, but changes in gold values more slowly.

so, I think, even though bitcoin today is falling drastically, I will not buy gold, and I will always buy more bitcoin, then hold it until bitcoin rises again. and I get a bigger profit from bitcoin.

makatia
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June 29, 2018, 10:58:09 AM
 #104


This time around is too nice to invest, u can choose to keep their money redirected in any other investment options. However, if someone can not handle the volatility, do not invest anything outside your comfort zone.
First77 (OP)
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August 31, 2018, 02:43:27 PM
 #105

yes, I agree with you, that gold is one of the best investment places. but I think that bitcoin has always been the main investment place than gold.
the value of gold can also change, but changes in gold values more slowly. so, I think, even though bitcoin today is falling drastically, I will not buy gold, and I will always buy more bitcoin, then hold it until bitcoin rises again. and I get a bigger profit from bitcoin.

If Bitcoin goes to $2,000 by October 2018, bitcoin went up from $1000 to $2000 only in one year. Bitcoin rise is high and fall is also the same. Looks like HYIP cartel are involved in Bitcoin.
CharlesCorley
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August 31, 2018, 06:12:24 PM
 #106

It is right that at that time it fall to 8k and now even down but still I will say holding bitcoin is much profitable than holding gold.
Ace Amias
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August 31, 2018, 06:50:48 PM
 #107

selling bitcoin is a wrong for gold because the bitcoin is a new future currency and it touches the sky if it drops a little it does not that mean  bitcoin will not rise is the mistake  investing in bitcoin will give you a bright future and where is gold price is not that much confined so the drop is for little time and soonly bitcoin will again rule the world just like it was always.
First77 (OP)
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September 01, 2018, 01:33:42 AM
 #108

At $3000, Bitcoin will have to face Gold, Silver, stock markets, real estates [houses] as other investments people look for.
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September 13, 2018, 06:25:40 PM
 #109

What did you get that sold bitcoin took exactly gold?
Ekenegbu123
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September 13, 2018, 09:01:56 PM
 #110

Many people sold their bitcoin to buy gold so that they can preserve the value of the gains because they know that cryptocurrency price is not stable and anything can happen at anytime
First77 (OP)
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September 16, 2018, 01:31:15 PM
 #111

Many people sold their bitcoin to buy gold so that they can preserve the value of the gains because they know that cryptocurrency price is not stable and anything can happen at anytime

Now Bitcoin is $6200 for past 4 months. Looks like people are selling Bitcoins and going to Gold.
maxilopez
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September 16, 2018, 01:33:18 PM
 #112

because it was bitcoin really fell to 8500 and even lower, but I think that just now it is necessary to translate gold into bitcoin

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First77 (OP)
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September 17, 2018, 04:20:30 PM
 #113

because it was bitcoin really fell to 8500 and even lower, but I think that just now it is necessary to translate gold into bitcoin

Bitcoin buyers at $400 never thought the price will go to $10,000. Now they are booking their profits and buying long term safe investments.
Dacosta Osei-Tutu
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September 17, 2018, 04:33:16 PM
 #114

I wouldn't make that decision of selling all my crypto to invest the money in gold. Though the crypto market is not so stable, it still has the capacity to double within few days and make one rich overnight. It is good you are adding Gold to your investment portfolio but you could have left some coins behind for the future.
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September 17, 2018, 04:48:54 PM
 #115

if it's an option buying gold is the best way. I think we can see what if gold will continue to be one of the safest and most stable assets. maybe it's one strategy to avoid losing a large amount of money
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September 17, 2018, 05:32:51 PM
 #116

every person has a different thinking in investing, so let it be like that, if we do not follow the way, that does not mean we are wrong ..
but for me bitcoin should be in every investors wallet cause this coin always will have the biggest support of crypto users and has the biggest chance to surprise with its price in future.

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September 17, 2018, 05:36:57 PM
 #117

Why do not to buy stocks market traditional exchange? If you want to change something you have to fight and that means also struggle a bit with yourself ( and with yoir own momey). Do not trust anyone who suggest you to biy something that can go uo by 10x in short matter of time becuse it'a just bullshit. Gaining requires time and soffering. We'll see the light at the end of 2019. I hope. In meanwhile hold. For your life.
First77 (OP)
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September 18, 2018, 07:18:15 PM
 #118

if it's an option buying gold is the best way. I think we can see what if gold will continue to be one of the safest and most stable assets. maybe it's one strategy to avoid losing a large amount of money

financial experts say -30% fall in stock markets
nightfury
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September 19, 2018, 01:20:26 AM
 #119

Gold may be the safest investment you can have but it's cryptocurrency's riskiness that can give you a very good profit 2x to 10x. If we can have only a stable market price of bitcoin, i believe that those people who sell their bitcoin to buy gold will surely stay.

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September 19, 2018, 03:20:03 AM
 #120

if it's an option buying gold is the best way. I think we can see what if gold will continue to be one of the safest and most stable assets. maybe it's one strategy to avoid losing a large amount of money
the best step is to have two places to invest. that way we can rely on bitcoin and gold as a source of income. this method is safer and maximum in making a profit. keep your position in bitcoin and gold.
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