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Author Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold?  (Read 14388 times)
sakira
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March 08, 2015, 06:35:59 AM
 #21

because my bitcoin users, nonusers gold. and I would like bitcoin is increasing. so you better invest in bitcoin. try little by little, if favorable, you can add more to invest
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March 08, 2015, 06:58:25 AM
 #22

I'd invest it into bitcoin as the price is low, gold is now ready stable however. Or buy a solid gold physical bitcoin that's loaded with bitcoin. Get the best of both worlds.

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March 08, 2015, 07:08:39 AM
 #23

I'd invest it into bitcoin as the price is low, gold is now ready stable however. Or buy a solid gold physical bitcoin that's loaded with bitcoin. Get the best of both worlds.

Yeah would suggest the latter as well. You can probably just invest in both of them, and split your investment.
But, the swings you will have by investing 1000USD into gold will be a lot less, than the swing you would see by investing into bitcoin.

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March 08, 2015, 11:37:04 AM
 #24

I don't recommend Gold because it is near record highs, $2000 is not that much so why not put all in Bitcoin, Bitcoin reached $1200 before and might hit it again.
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March 08, 2015, 12:17:39 PM
 #25

Instead of answering, I would like to advice you that rather going for opinions where you are assured to get varieties, I would prefer to research myself and do the investment at my own consent, so not to be able to blame anybody.
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March 08, 2015, 12:36:30 PM
 #26

First off make sure that your willing to risk the money either way. Gold is always a standard investment vehicle that tens to hold relative value. BTC and other cryptos can be more volatile and swing violenlty in both directions, so if you dont like rollercoasters it might not be four you. Good luck with whatever you decide.

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March 08, 2015, 03:13:02 PM
 #27

I have USD 2000 to invest. Should I buy Bitcoins or gold?

what you  prefer can hold upto 1 year

1000US in physical Gold with a very low premium over spot
1000US in Bitcoin, maybe 100-200$ of those in altcoins or bitcoin investments
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March 08, 2015, 07:09:58 PM
 #28

Instead of answering, I would like to advice you that rather going for opinions where you are assured to get varieties, I would prefer to research myself and do the investment at my own consent, so not to be able to blame anybody.

I had to reread your sentence multiple times, because I really thought you advised him to invest into option contracts Wink

Researching yourself is always the best idea.

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March 08, 2015, 07:13:50 PM
 #29

Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.

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March 08, 2015, 07:16:51 PM
 #30

Depends on whether that $2000 is play money or all you have.

If it's all you have I wouldn't bother with either. Find an account that pays good interest if you can and stick a modest portion in a fund or tracker.

Gold might gain over the year. I don't think whatever possible gains there are are worth the risk of it falling further which is very possible.

BTC could be anywhere in a year. If you can kiss that $2000 goodbye without blinking then maybe it's worth looking into but no one can guarantee you anything.
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March 08, 2015, 09:08:41 PM
 #31

Bullion is for preservation and store of wealth, not much for speculative investment. (Not counting gold etf)
You could locked in part of your cash in physical bullion since Gold spot is currently trading at the low of $1168/oz.
When in time of need, bullion can be readily traded in for fiat. (Losing only the premium)
Pawnshop is one ready outlet that will take in your gold anytime.
Balance cash can then be use for high risk high returns investment such as BTC.
Your choice base on your acceptable level of risk taking.. dont put all your eggs in one basket.
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March 08, 2015, 10:07:04 PM
 #32

I have USD 2000 to invest. Should I buy Bitcoins or gold?

what you  prefer can hold upto 1 year
For 2015 Bitcoin, no doubt about it. And I am saying that as the ex gold bug. Gold broke important support last Friday, and that sets the scene pretty much for the first alf of 2015. If you want to invest in gold, come back in summer 2015. By then however, you may make nice coin on Bitcoin that seems to be just reversing from the down trend.

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March 09, 2015, 12:21:52 AM
 #33

Another idea is 50/50, 1000 in gold 1000 in bitcoin, decide what you like better before going all in. They are both unstable and unpredictable so be careful

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March 09, 2015, 12:28:11 AM
 #34

Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.

you could argue the same way about bitcoin. The overall performance in the last 5 years is way better for bitcoin and we are 80% from the peak.

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March 09, 2015, 01:05:18 AM
 #35

Gold is a better option and safer as well. Bitcoins has seen a rise of $1000 to a fall of $220 and so it is very risky to invest in bitcoins. Investment is gold is better as of now looking at the current price.

you could argue the same way about bitcoin. The overall performance in the last 5 years is way better for bitcoin and we are 80% from the peak.

Yes hands down btc has come from cents to over a thousand dollars.
It is fantastic and 2000 is quite a small investment but has potential to be a nice return with btc, where with gold you are always going to be roughly the same maybe a few hundred dollars either side profit or loss take the risk and get paid or lose but at least you tried either way whatever you choose. Good luck dude]

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March 09, 2015, 01:07:09 AM
 #36

This instability however can be shown to be profitible but also shows the currency has many bubbles. Increasing by thousands of times itself, and then collapsing months later shows its a good gamble but not very good long term investment.

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March 09, 2015, 01:24:29 AM
 #37

This instability however can be shown to be profitible but also shows the currency has many bubbles. Increasing by thousands of times itself, and then collapsing months later shows its a good gamble but not very good long term investment.

Actually investments with high variance are good longterm investments, but usually bad short to midterm investments.

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March 09, 2015, 01:32:27 AM
 #38

Curently they are both a good bet, i thought that gold has its time, but how things are warming up worldwide its still a pretty decent gamble.
But if u like to take a little risk to make better turnout, then i would go with bitcoin, and reason is simple:

Bitcoin obviously isnt going anywhere, it will be there no matter what anyone tries, so theres a good chance it will start getting much more attention than it has now.
And theres also a fact that it is undervalued, its like early adopters chance to make massive turnouts, and when theres an exchange on every corner like there is for gold,
well, then there will be time to sell.

cheers
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March 09, 2015, 05:53:23 AM
 #39

bitcoin is your best option. especially because of how small the entire bitcoin economy is.
future for bitcoin is bright. more and more merchants accept bitcoin as payment making it easier for you to pay with bitcoin on more and more places.
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March 09, 2015, 06:09:33 AM
 #40

Split it; 35% BTC, 40% Gold, 25% Bonds/Stocks (if you have a brokerage account).
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