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

[Vhawk23]

The first thing come out of my mind is... Gold
But, it's up to you, even Bitcoins is a risky investment...
But hey... Are there any risk free investment?

The answer is No
So, it's all up to you, but my suggestion is gold

[ranlo]

Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! 

This will be yet another way to lose money (and most likely one of the quickest). What you suggest is trying to catch a falling knife. It is a fools game which ultimately culminates in your account getting wiped out. It may make you feel like a super trader, or even a hero of sorts ("buy in when there's blood on the streets"), but in reality it is the first step towards your bankruptcy...

Yeah, don't just buy because others are selling. Or you'll end up holding something like Radio Shack, which has declared bankruptcy.

[funtotry]

Herd and greed mentality are the main cause for investment losses.
Go the opposite! Buy in when there's blood on the streets. You will need Big Balls!! 

Well usually the unpopular choice is higher risk but also higher reward. Chances are the more popular investment is smaller payout and reward but it is also a lower risk because everyone is doing it and it is deemed safer.

[Natalia_AnatolioPAMM]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

[funtotry]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

[deisik]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but nevertheless quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

[funtotry]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

Also the fees paid while buying and selling, and also physical gold is very hard to trade frequently. Its better for a long term decade like investment, but I think btc will outperform it in 10 years.

[deisik]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold has been going on for thousands of years but btc can prove to much higher or larger price swings and is more exciting. Gold yes is probably safer but the profits are very small and you won't see it going up 10% in one day like btc. Year is where I think the price will be at least double, but thats my opinion

You can always try buying gold on margin if you are not quite happy with it making pathetic 1-2% daily swings. Most likely you will see how your account gradually but quickly gets wiped out in just a few days, but there is still a chance (to get rich fast)...

Also the fees paid while buying and selling, and also physical gold is very hard to trade frequently. Its better for a long term decade like investment, but I think btc will outperform it in 10 years.

No one suggest you should go to a bullion bank to buy some gold bars or coins there. People that have enough money to trade frequently and who want physical gold usually trade in physically-settled gold futures. These assume delivery of a pre-specified quantity and quality of gold on a predetermined date at a predetermined location. For example, Comex delivers 100 oz. standardized bars of 995 fineness to New York vaults...

Trading physically-settled gold futures is no different to trading cash-settled ones ("paper gold"), you just need substantially more money to buy such futures

[Chavez]

Have some fun, split your investment half and half.  See how you like having some of each.  Gold is fun to look at and has been around forever, bitcoin is really fun and easy to use.

Good Luck!

I would suggest splitting it also, but not half and half. I think bitcoin has more chance for a high mark up on profit to be made so buy more bitcoin, but gold will always have intrinsic worth and value being a precious metal so it will hold its value well and wont become worthless like bitcoin technically has the possibility of becoming.

[ranlo]

Have some fun, split your investment half and half.  See how you like having some of each.  Gold is fun to look at and has been around forever, bitcoin is really fun and easy to use.

Good Luck!

I would suggest splitting it also, but not half and half. I think bitcoin has more chance for a high mark up on profit to be made so buy more bitcoin, but gold will always have intrinsic worth and value being a precious metal so it will hold its value well and wont become worthless like bitcoin technically has the possibility of becoming.

I'd take the opposite approach. Any altcoin can take BTCs place. In fact, they all use the same infrastructure. It would take almost no work at all for every company that takes BTC to swap over to anything else (like DOGE). There's nothing guaranteeing BTC will even be around in a couple years. Gold, on the other hand, is used in manufacturing and other things, so it has a real use and won't just disappear.

[tyrexs]

try to invest gold its profitable then bitcoin

[Amph]

try to invest gold its profitable then bitcoin

i don't think so, gold value is stagnant, bitcoin has much more potential to grow(both in value and in technology), yeah there is also a chance that bitcoin may die but the chance are more toward the rise than the fall of it

[piramida]

I'd take the opposite approach. Any altcoin can take BTCs place. In fact, they all use the same infrastructure.

Oh really. You have no idea what "infrastructure" means, do you, or you would've known that it means the hashing network and the tools built on top of it? Seems you are just repeating after someone, well, don't, you sound like an idiot

[uki]

try to invest gold its profitable then bitcoin

have you seen gold and Bitcoin charts in the last five years?
do you know how market caps for both compare?
Gold from where it is now may go, Central Banks allowing, 20-30% to the upside. Can you think what would mean that gold would double the current price? Do you remember what happened back in 2011?
Meanwhile, Bitcoin could double the price much more easily, especially that the market is much more shallow and driven by speculation. That doesn't mean that the price can move to the downside as well.

[gentlemand]

I'd take the opposite approach. Any altcoin can take BTCs place. In fact, they all use the same infrastructure. It would take almost no work at all for every company that takes BTC to swap over to anything else (like DOGE). There's nothing guaranteeing BTC will even be around in a couple years.

BTC has taken years of beatings, gloom, FUD, outright hostility and it's still standing and slowly growing. I'm sure thousands of hackers have devoted many a long night trying to bend it to their will and failed.

That type of trial by fire can't be bought, faked or fudged and it's 100% non transferable. I for one would not be too comfortable skipping completely over to a new system for anything other than a dabble.

[BillyBobZorton]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold is a boring dead end. OP will never get life changing results from a long term 2K investment in Gold. On the other hand if OP goes all in with Bitcoin he's more likely to make a decent amount of money that has a real impact on his life.

[uki]

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

what you  prefer can hold upto 1 year

gold for sure if you don't wanna lose all the money
a year is far too much for a bitcoin to be trusted

Gold is a boring dead end. OP will never get life changing results from a long term 2K investment in Gold. On the other hand if OP goes all in with Bitcoin he's more likely to make a decent amount of money that has a real impact on his life.

True, gold can be only see as a insurance of your capital, in case a meltdown of an entire financial system happens. If one foresees that, than gold is the choice. Otherwise, there are plenty of better options, with Bitcoin being one of them.

[600watt]

if you prefer relaxation and a security take gold.

if you like drama and rollercoaster rides take btc.

[fonzie]

HODL USD!!

[funtotry]

HODL USD!!

Actually the USD has been rising quite fast versus the CAD, now at 1.25 cad per usd, used to be at 1 or even under. So that wouldn't be a bad idea!