lumen (OP)
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March 07, 2015, 08:59:21 AM |
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I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
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cheekychap
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March 07, 2015, 10:19:34 AM |
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I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
Well it depends on you. Bitcoin is always a risky investment, and currently gold is too. I feel , Bitcoin is comparatively a safer investment as of now.
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BitCoinNutJob
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March 07, 2015, 10:21:05 AM |
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I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
Prefer bitcoin vs gold over the next year i think you'd lose on gold and gain on bitcoin. You can always go 50/50 though.
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Amph
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March 07, 2015, 11:37:41 AM |
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better to go with bitcoin, i find is safer actually, and more practical, not to mention all the advantages that bitcoin has over gold
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Bralex
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March 07, 2015, 12:21:09 PM |
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I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
It is all risk reward isint it? Bitcoin to me would be the biggest risk for obvious reasons where gold would be a good time to buy ith a smaller risk because it is physical and has held its value for hundreds of years, Bitcoin is also at a low but with a much greater chance of maximum profit for risk involved, the question is do you want a high risk possible high return or do you want something safe and a possible low return, it is what it i my friend only you decide this.
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Script
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March 07, 2015, 12:24:22 PM |
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This is bitcointalk not goldtalk, of course people here are going to recommend bitcoin. Go with bitcoin, gold value ain't gonna grow 5x times in a year and bitcoin might do so.
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Agestorzrxx
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March 07, 2015, 12:46:50 PM |
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I have USD 2000 to invest. Should I buy Bitcoins or gold?
what you prefer can hold upto 1 year
You came to bitocin forum to seek people's answer. The answer is obviously. The USD index is increasing, so the gold price will drop. And bitcoin is starting to recovery the price. So you know how to choose.
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BootstrapCoinDev
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March 07, 2015, 01:47:16 PM |
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BTC provides a built in mechanism for proving it is valid. Leave some gold in a special box for 2 hours and you can be certain its pure gold... Would be awesome Leave BTC in your account for 2 hours and you will have confirmations in the blockchain on nodes all around the world, each saying to you "Yes, this is pure and legit BTC".
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1Referee
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March 07, 2015, 02:06:22 PM |
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Myself and I think 95% of the people here will advice you to buy Bitcoin instead of gold.
If you're looking for a long term investment, then definitely go for Bitcoin.
Future returns on Bitcoin investments are far greater than you would have if invested in gold.
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asuryan180
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March 07, 2015, 04:53:06 PM |
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With gold u wont make much profit in 1 year. With btc u can double or triple ur money but u could also lose big. My advice is if u can only hold for 1 year then dont invest in btc...
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Reynaldo
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March 07, 2015, 06:23:28 PM |
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Invest around 1000 and get one of those trading bots, so you'll earn if the price goes up after buying low and viceversa. There are pretty good bots, check the digital goods area.
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Bit_Happy
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A Great Time to Start Something!
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March 07, 2015, 08:40:10 PM |
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Clearly Bitcoins have a great chance to double, triple, or more in less than a year. Gold will not do that well.
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BTCfan97
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March 07, 2015, 08:45:37 PM |
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I doubt Bitcoins will go down in value from this point. Even if they did it wouldn't be a disaster like if you invested in 2013. An ideal time to invest as of recently would have been when they were briefly at the $200 mark, but considering they are currently under $300 I don't think you can go wrong. I believe the value is slowly going to climb from here
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koshgel
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March 07, 2015, 08:52:52 PM |
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I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
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Hfleer
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Changing avatars is currently not possible.
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March 07, 2015, 08:58:00 PM |
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Why don't you just buy a mixture of both?
50% in BTC and GOLD will have a better risk/reward than any of the individual ones alone.
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Bralex
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March 07, 2015, 09:36:40 PM |
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I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
This is what i would do i can see bitcoin 220-230 in the next few weeks for a few weeks so it would be a good time to get in anytime close to that and you have bigger reward but obviously bigger risk involved
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Hfleer
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March 07, 2015, 11:19:33 PM |
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I would wait for BTC price to drop slightly and then invest 2k into Bitcoin
This is what i would do i can see bitcoin 220-230 in the next few weeks for a few weeks so it would be a good time to get in anytime close to that and you have bigger reward but obviously bigger risk involved You can short 280-->230 USD to make some extra money, if yo have such a good grasp on the price.
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Possum577
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March 07, 2015, 11:23:04 PM |
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Why not go 50/50...$1000 in BTC and $1000 in Gold?
Or...just through it down on the almighty BTC and let it ride....you gotta let it ride!
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funtotry
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Ever wanted to run your own casino? PM me for info
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March 07, 2015, 11:25:00 PM |
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Not really the best place to ask where to invest your money. Asking whether to invest gold or bitcoin on a gold forum would be as biased as asking to investing gold or bitcoin on this forum. Compare the two, try to predict the future, and make an informed investment. 2k is a lot of money to invest in bitcoin.
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