$50k to Invest - Convince Me!

[Nicholas-Carraway]

Interesting that not one person here has a real reason to invest in bitcoin....

[Corelianer]

Interesting that not one person here has a real reason to invest in bitcoin....

The real reasons are so obvious.
- limited supply
- extremely easy to trade
- built in deflation
- low fees

I don't need a list of 100 reasons to buy bitcoin. The few that are there are very convincing.

For me...

If they are not real to you, what is real?

[robolove]

Just do it.

[Golph]

I am going to convince you not to buy, end of story...

[boraf]

Odd is better to just lend at bitfinex or short 1:1 on icbit.

[DannyElfman]

I have just allocated some serious money and thinking about investing about $50k on bitcoin. Someone convince me why I should buy $50k worth of bitcoins right now!

This is the bull case: http://www.honestnode.com/bitcoin-fair-value-a-first-assessment/

Make your own judgments about how reasonable the assumptions are.

2)  The author took some fairly wild leaps in assuming that Bitcoin would account for 10% of the global remittance market, 10% of all internet transactions, and even 10% of black market transactions.  That is a LOT of adoption almost all completely betting on the come.

10% of the remittance market would be huge. I agree that this would simply not be likely as most transactions are done in countries local currencies whose government gives incentives to use.

[bigasic]

IF I had an extra 50k to invest, id probably invest 5k in gold, 20k in silver and the rest in bitcoin. That way you are somewhat spread and not putting all your eggs in one basket.

[smoothie]

I have just allocated some serious money and thinking about investing about $50k on bitcoin. Someone convince me why I should buy $50k worth of bitcoins right now!

You should make your own decisions based on what your own due diligence provides.

[DannyElfman]

IF I had an extra 50k to invest, id probably invest 5k in gold, 20k in silver and the rest in bitcoin. That way you are somewhat spread and not putting all your eggs in one basket.

In this case you would still be purchasing several hedges against high inflation in the future. If inflation is low in the medium term then these would likely be poor investments, with the potential exception of bitcoin, although this would not be a sure thing

[boraf]

IF I had an extra 50k to invest, id probably invest 5k in gold, 20k in silver and the rest in bitcoin. That way you are somewhat spread and not putting all your eggs in one basket.

Silver has done very poorly in the last 2 years.

Central bank will only store gold and not silver, keep this in mind.

[dragone]

So you want to update us on the $50k investment? lol.

or the progress. I`d hedge with real gold or gold mining stocks thats just me.

[bl4kjaguar]

Interesting that not one person here has a real reason to invest in bitcoin....

Yes indeed; better to invest in protection; it is oversold and it is more volatile, anyway.

http://stockcharts.com/h-sc/ui?s=TVIX&p=W&b=5&g=0&id=p26873058609

[Sheldor333]

If you don't need that money or don't plan on using it for some time then go ahead and invest it. Bitcoin price will rise it's just a matter of time, when exactly, I don't know but it will. Simply because more people will use it, more it will be needed. It's logical next step in evolution of internet.

[CryptInvest]

What is difficult to advise. Once you have accumulated the same amount of fiat money then you already know how to invest.

[boumalo]

If you don't need that money or don't plan on using it for some time then go ahead and invest it. Bitcoin price will rise it's just a matter of time, when exactly, I don't know but it will. Simply because more people will use it, more it will be needed. It's logical next step in evolution of internet.

If he only has 50k$ to invest and don't plan on having way more soon he should diversify a little bit : bitcoins, gold, other natural ressources