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Author Topic: I have USD 2000 to invest. Should I buy Bitcoins or gold?  (Read 14388 times)
gustav
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March 26, 2015, 12:46:29 PM
 #181

I'd go with silver, platin or maybe even copper ... gold is so last decade.

Why not in oil, the price of oil is now again go down, it is possible in some time to come the price will high, because now no one does not use oil even for some time to come.

oil price is politics. Price can be and is controlled very easy by politics and oil industry. And supply is not scarce at all, so why oil?


I'd go with silver, platin or maybe even copper ... gold is so last decade.

Platinum and copper are classed as industrial metals and the world economy is on a down turn, cant see these spiking much within 1 yr.

Silver is also classed as an industrial metal but gets dragged around with gold.

Platinum will be expensive in times of war. Copper is volatile and becomes more scarce but can crash in case of economic crisis. So copper is only good for its insane volatility and in case you can avoid the huge premiums.
Platinum is historically more expensive than gold, right now it isn't. So there's an opportunity in platinum maybe. Its volatility can be high too.

----------

Palladium is in a bullmarket already btw.

All in all Silver has very good fundamentals and can easily double and tripple in price. Production is down, inventory is on historical low, demand keeps growing. It is the best electric and thermic conductor. Once the silver manipulation end you'll see it likely appreciate a lot. It was historically valued at 15:1 with gold. Producton is 7:1 with gold but in reality it can easily be more scarce than gold in the distant future. Silver is used up while gold is stored and inventory only grows year after year. So silver inventory is in decline for decades now and available inventory equals demand of 2 years which is tiny inventory and price can explode in case of higher demand. Price parity gold/siver happened in history before. Also during economic troubled times gold has been outlawed many times. Silver never was outlawed anywhere.
I think silver has massive potential. But best to make your own research on it.

Silver will be the first recource depleted. Buying and stacking physical silver for retirement (decades of timeframe) is maybe no stupid idea.
ShopemNL
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March 26, 2015, 12:51:34 PM
 #182

Silverrrrrrrrrrrrrrrr

gustav
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March 26, 2015, 12:52:59 PM
 #183

Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny.  Wink
ShopemNL
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March 26, 2015, 01:44:37 PM
 #184

Silverrrrrrrrrrrrrrrr

It bubbles really easy. Market is tiny.  Wink

Market is tiny... Whats wrong with you? Tongue Aint as big as with Gold, but enough to sell for 2k..

There will be no more physical silver within 10 years, then the bubble will come Smiley..

waterpile
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March 26, 2015, 01:47:58 PM
 #185

BITCOINS For life! Invest all you have in BTC Tongue
markj113
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March 26, 2015, 01:49:02 PM
 #186

BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever
waterpile
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March 26, 2015, 02:03:40 PM
 #187

BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..
markj113
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March 26, 2015, 02:18:18 PM
 #188

BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.
gentlemand
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March 26, 2015, 02:23:52 PM
 #189

BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

Walk in to a casino and put it all on black - does that count as investment advice, you could double the money instantly.

I can foresee an infinite thread loop forming. It will only be broken when one of you is proven firmly right. Let's hope it's soon.
Shiver
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March 27, 2015, 07:53:43 PM
 #190

PM's to me are a long time frame investment (or should I say wealth preservation) decision.

BTC has lots of potential and an unignorable downside too.

I would say it should be a decision based on your timeframe and risk tolerance.  Are you comfortable with a 100% loss if the upside is several orders of magnitude on the upside, and (for example - not fact - a 50/50 chance either way)?

CrackedLogic
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March 27, 2015, 08:05:49 PM
 #191

BITCOINS For life! Invest all you have in BTC Tongue

worst investing advice ever

but it can be also the best advice if the price sky rockets..

It skyrockets and then you become a Hodl'er. You get greedy and you wait it out, you go to bed and the next day you see everything you invested decrease by 31% over night.
You wouldn't want to see only 69% of your life savings in your bank account now would you? It's a very big risk, if you're confident and find it worth it to take the risk, I'd say put in no more than 30%-35% of your savings. No more.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
DavidBetancourth
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March 27, 2015, 08:12:55 PM
 #192

If you want to make 1 million dollars investing on bitcoins, you will need 2 million dollars,  its more likely you have to be willing to loss the half of your money trading on bitcoin. and thats not said just by me, it was also said by Andreas.

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills
CrackedLogic
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March 27, 2015, 08:38:56 PM
 #193

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills

I've haven't thought about that before. It's actually a lot better than directly investing in Bitcoin. Although you may not get a Higher possible return, there's a higher chance you're getting something.

Shocked BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES Shocked
Braino
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March 27, 2015, 08:42:58 PM
 #194

Buy Bitcoins.

Buy Altcoins with Bitcoins.

Trade Altcoins.

Profit.

Repeat.



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Chef Ramsay
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March 27, 2015, 10:49:19 PM
 #195

if you really want to invest on bitcoin, invest on the technology, invest on start ups, invest on skills

I've haven't thought about that before. It's actually a lot better than directly investing in Bitcoin. Although you may not get a Higher possible return, there's a higher chance you're getting something.
Not a bad idea if you know which ones are worth their salt. However, if you're getting a 50% return from a startup's dividends and bitcoin grows by more then you lose. Yet, you'll get a steady stream of dividends as long as the company is profitable so I suppose that once you have your stash of bitcoins for the long term you can use any extras for investments or trading alts. But, I'm not playing around the alt market as it's even more manipulated than bitcoin in terms of major market players shaking people down by pump and dumps.
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March 28, 2015, 12:48:09 AM
 #196

I hold some gold/silver and a decent amount of bitcoins. why not distribute the wealth and minimize the risks involved??  Cool
POM
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March 28, 2015, 01:52:20 AM
 #197

silver has been going down a bit might be a good time to pick up some coins
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March 28, 2015, 01:58:57 AM
 #198

the fees for other investments are too high for a $2000 investing be worth. Or to invest in start ups.

Your best option is btc or low return bank investments

 
Saw
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March 28, 2015, 02:06:46 AM
 #199

 To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like. Tongue
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March 28, 2015, 03:31:44 AM
 #200

To be honest I wouldn't put money into either Bitcoin or Gold.If I had 2,000 USD to invest right now I would by Oil,and not futures I mean straight out own the barrel.It is what 48.00 a barrel today......I would hold half of it til it hits 60.00 then dump half and reinvest profits at slightest dip.Or at that time by gold.I would never buy BTC ....It is on a death slide IMO and will be replaced by whats known as a Gen 2 hybrid cryptocurrency.But this is just my opinion.Do whatever you like. Tongue
Gen 2 hybrid cryto? What's that?
Is there any post about that?
And... Dose it'll be more "profitable" than bitcoin?
Sorry for questions, but I'm really curious about it
Anyway, Thanks in advance Grin
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