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Author Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold?  (Read 14398 times)
bitkilo
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March 16, 2015, 06:03:38 AM
 #101

I don't know what would be better to hold for 1 year but only invest what you can afford to loose in bitcoin.
Not saying BTC won't be around in 1 year just that i know gold will and it would be safer to put 80% into gold and 20% BTC.

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March 16, 2015, 07:04:35 AM
 #102

gold? give it up quickly, you see how decadent it is.

if you invest bitcoin, you could expect it doubled in a year  Kiss
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March 16, 2015, 07:09:35 AM
 #103

Give Bitcoin a try. Bitcoin wont stay at 290 for long. It will increase in the next 12 months.

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March 16, 2015, 04:26:35 PM
 #104

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

what you  prefer can hold upto 1 year

Hello @lumen just wondering if you already decide it and if you want to share it with us, what you did finally?I am asking just from curiosity as there was three mainly choices and i like to see which one you preferred and if we affect your opinion on your decision.I wish you good luck for whatever your choice is/was.

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BTC-Bank.
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March 16, 2015, 05:56:07 PM
 #105

I have earn some money investing in companies undervaluated. Bitcoin could be in that situation now. It can be a good oportunity.

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March 16, 2015, 06:11:23 PM
 #106

I have earn some money investing in companies undervaluated. Bitcoin could be in that situation now. It can be a good oportunity.
Every company on here could be big. Imagine investing in primedice if they were selling some shares, you would be swimming cash if you did. But investing is a lot of fun here especially with the HYIPs, getting in and out fast with 5% in a day is nice.

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March 17, 2015, 02:39:30 AM
 #107

Buy bitcoin and invest half in various alt coins, watch it vapourise  or multiply.. good luck

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March 17, 2015, 02:49:34 AM
 #108

Did you really come to a Bitcoin forum to ask which is better gold or Bitcoin? Grin

The answer is simple. With gold you have less to gain, but also less to lose. Bitcoin can go to a couple bucks and basically cease to exist as an investment. Gold on the other hand won't become worthless, but it also won't triple its value like Bitcoin did in the past (and still can).

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March 17, 2015, 03:14:02 AM
 #109

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well + renovation costs when you have to flip.
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March 17, 2015, 03:21:14 AM
 #110

If you know how to farm land (in rural areas) then I would do that aside from everything except buying and holding bitcoin. Getting some chickens and cattle would be of good use over and above farming such land imo. If you want to raise animals for furs the same still applies. Rural farming/animal raising properties cost quite a bit less than rentals in residential dealing areas.
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March 17, 2015, 03:22:41 AM
 #111

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.
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March 17, 2015, 03:43:57 AM
 #112

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.
Valuable posting info. However, garages or storage facilities are decent ideas but can be faulty having multiple folks descending upon your spot over and over could be over and above the purchase cost and for sure the rental cost I'd say. Smiley
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March 17, 2015, 04:32:27 AM
 #113

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.

I'd think they would be somewhat cheap and efficient in terms of earnings. If someone doesn't pay their storage, you get all their stuff (or get to sell it). So you have income whether or not people pay their bills. Upkeep should be fairly cheap as well, since storage units don't need to be heated/air conditioned to the same standard as other businesses.

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March 17, 2015, 08:24:29 AM
 #114

Gold is a better investment if you're in it for the long term. With bitcoin, I could only recommend short term as the price is everchanging. One day, you could see prices spike past 500, and the day after, you could be in for a loss. With this said, it is your choice.
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March 17, 2015, 10:05:55 AM
 #115

If me, I will invest to gold half and bitcoin half, sell all my bitcoin for halving time.
And gold for long term.
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March 17, 2015, 11:35:21 AM
 #116

I'd park my money in Bitcoin for sure and then if there's a certain % you're saving for outside investing, then get yourself a property that generates rent. Properties for rent can typically generate 5-15% per year but in a good/great year, BTC runs the table on that. Properties are a headache since tenants are a problem and paying taxes as well.

I'd go for garages or storage units. You often have a much higher yield with a fraction of the ball ache. Any structure that houses humans equals a world of pain.

I'd think they would be somewhat cheap and efficient in terms of earnings. If someone doesn't pay their storage, you get all their stuff (or get to sell it). So you have income whether or not people pay their bills. Upkeep should be fairly cheap as well, since storage units don't need to be heated/air conditioned to the same standard as other businesses.

There is a little problem with selling the stuff of people that cannot pay the rent of their storage unit... why would someone who cannot pay the rent for his storage place have valuable items to store?
They might have something that is worth your time and effort.. but i can also imagine that there is just a lot of crap that you might have to get disposed of at your expense.

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March 17, 2015, 11:37:02 AM
 #117

If you want to play extra safe, buy gold. If you want to take some risk with a potentially higher upside, go for BTC. You can also try trading with BTC and it can be immensely profitable due to the high volatility.


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March 17, 2015, 11:52:27 AM
 #118

Buy and hold?
If you buy btc you could buy before a pump, 50% profit is easy

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March 17, 2015, 11:56:31 AM
 #119

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

what you  prefer can hold upto 1 year
gold!!

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March 17, 2015, 12:01:30 PM
 #120

Well I personally would prefer Bitcoin. They've got uncanny similarities, esp. in terms of scarcity. So in the long term they may perform in an equal manner (go up) but Bitcoin has a higher risk, but potentially also higher reward potential.

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