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

[WhatTheGox]

Go all in on bitcoin while your USD is worth something.  Gold hasnt got a chance long term either.

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[picolo]

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.

High risk means high potential gains but for very long term investments, it is very important not to lose and pick strong investments.

[j.jaymes]

Have you decided your strategy yet? Be sure to let us know!

[Possum577]

This isn't one of the options you mentioned but are you aware of Motif Investing (https://www.motifinvesting.com/)?

It allows you to build a custom "mini mutual fund" or use an existing basket of stocks that all adhere to a very specific theme (i.e., dividends, internet of things, healthcare, etc). It's a really smart way to invest with the hopeful appreciation of stocks but the mild diversification of a mutual fund.

Now, we need a motif for bitcoin related companies!

[DeboraMeeks]

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

Researching yourself is always the best idea.

You understood the second statement the better way.
I didn't mean to say anywhere to invest into anything, as I said I ain't answering his query.

[funtotry]

Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?

[MegaFall]

Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?

The BTC Exchange Traded Fund (or ETF)... They filled with the US securities regulators in May of last year to create and list the ETF, but I haven't seen news since then.

[funtotry]

Wasn't the winklevoss brothers attempting to make a tradeable bitcoin? Where you don't actually hold the bitcoin or anything but it is the same price of 1 bitcoin and you can trade it just like a stock? Though I heard this a while ago, what is the progress on this? I don't know much about stock trading but I think it was called an ETF or something?

The BTC Exchange Traded Fund (or ETF)... They filled with the US securities regulators in May of last year to create and list the ETF, but I haven't seen news since then.

Heres a site on the ETF http://www.investopedia.com/articles/investing/041114/why-winklevoss-twins-new-bitcoin-etf-matters.asp
It would much better for the investors, they don't have to deal with storing their btc if they just want to buy and sell it. Would bring more of wall street to bitcoin which couldn't be very bad

[r4vani]

you should buy darkcoin and start your masternod

check this out:

http://drk.mn/

[Inotanewbie]

you should buy darkcoin and start your masternod

check this out:

http://drk.mn/

This was not the question buddy, he may not want to be a drk coin fan boy he wants to be a bitcoin man "lol" jk but not about what he asked for it was pretty clear should he invest his $2000 in bitcoin or gold?

If i had a spare $2000 i would invest 75% into bitcoin and the other 25% into silver not gold but you asked so yes gold aha.

If you made a investment when you created this you have a nice profit so far, did you get in on time op?

[haploid23]

I own both, so I'll try to give an unbiased opinion: bitcoin is more volatile, but it has a higher potential upside. Whether or not it goes up, or how far it goes up, is anyone's guesses. BTC also has a greater potential use, whereas gold is seen more as a preservation of wealth.

And if you're thinking of buying gold, I would actually buy silver instead. The GSR (gold silver ratio) is near its 15 year all time high right now, so silver is a better value. If you have the full intention of owning gold rather than silver, then what you can do is buy silver now while the GSR is high, then when it drops again, swap your silver for gold. By doing this, you're locking in gold profits when comes time to make the switch.

But to be honest, a 1 year time horizon sucks for any investment vehicle. You'll get smacked by short term volatility.

[Hfleer]

But to be honest, a 1 year time horizon sucks for any investment vehicle. You'll get smacked by short term volatility.

Very good post. Also I would even go that far as to say a 1 year period doesn't count as "investment". Alteast not if its something with volatility. A 1 year bond is a different story though.

[z226]

I was thinking in gold after the gold watch from apple.
If is a sucess they are going to need a lot of gold to do all this watches

[Hfleer]

I was thinking in gold after the gold watch from apple.
If is a sucess they are going to need a lot of gold to do all this watches

If you do the math, you will see that they don't. Industrial gold usage compared to gold production is about 10%....

[winchancer]

I would invest the whole amount in Bitcoin and wait till it go high then sell and do it again.

[Hfleer]

I would invest the whole amount in Bitcoin and wait till it go high then sell and do it again.

How would you know when to buy and when to sell? How long do you wait before rebuying? What if the price rises while you are not invested?

[Amph]

I would invest the whole amount in Bitcoin and wait till it go high then sell and do it again.

better to wait until the desired price is reached, and cash out everything or a portion if you want to keep something, less risky if you ask me

[winchancer]

I would invest the whole amount in Bitcoin and wait till it go high then sell and do it again.

How would you know when to buy and when to sell? How long do you wait before rebuying? What if the price rises while you are not invested?

I guess if it rises to 700$ or so, that would be top for me and signal to sell.
I would wait for such price, in the meantime I would use it for some passive incomes which I'm investigating now
like lending.

[Hfleer]

I would invest the whole amount in Bitcoin and wait till it go high then sell and do it again.

How would you know when to buy and when to sell? How long do you wait before rebuying? What if the price rises while you are not invested?

I guess if it rises to 700$ or so, that would be top for me and signal to sell.
I would wait for such price, in the meantime I would use it for some passive incomes which I'm investigating now
like lending.

The problem with such longterm strategies is that you have 2 scenarios in Bitcoin:
- Either it completely fails and it will never reach your desired price level
- It is very successful and goes way higher than your desired price level

So, the cases where it doesn't reach your level need to be compensated with the times it reaches way higher levels. But with selling before that happens you take away the upwards potential while keeping the whole downside one.

[JuniorSv]

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

what you  prefer can hold upto 1 year

Buy, GoLD!

Bitcoin is to unstable!

It might rise, but might not rise... to much dumb money on the market!