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Showing 5 of 5 results by petermaier2024
Post
Topic
Board Bitcoin Discussion
Re: For me, Bitcoin is just a financial Game.
by
petermaier2024
on 02/07/2024, 22:08:51 UTC
makes really sense, I think to diversify is the best solution, especially in those trouble times.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold
by
petermaier2024
on 26/06/2024, 14:07:48 UTC
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
I suggest doing your own research, which you might already have but you are just experiencing that fear of taking the first step. This is natural so don't hesitate if it's your first BTC investment do it. If you fear losing it all then do diversification. In which you invest some amount in one asset and some amount in another. This way if one goes wrong expectations then the other will give you back up. Overall both are good investments. I consider BTC the digital type of Gold. Because just like physical gold this BTC is also not backed by any other type of asset or currency.

But definitely there are some big differences between these two but If I would be at your place, I would consider to buy BTC according to my condition as buying Gold is a bit hard due to taxes, enibiroment where I am living, expenses of transporting them etc. etc. While buying BTC is way easier that my parents (living in the same house) won't even come to know that if I have bought BTC.

thank you for the important reply, in some countries in Europe you can buy Gold easily anonyme until 12k USD.

Peter
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Gold
by
petermaier2024
on 25/06/2024, 18:40:59 UTC
yes, but some experts, also the Rich dad poor dad author meaning it will reach the million dollar mark. What do you think guys?
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin or Gold
by
petermaier2024
on 25/06/2024, 17:51:04 UTC
Guys I dont know what to do, should I invest in Gold or Bitcoin. Gold is more stable I know. But the bitcoin development is crazyy, imagine if you have bought it before 20 years... Grin
Post
Topic
Board Bitcoin Discussion
Re: For me, Bitcoin is just a financial Game.
by
petermaier2024
on 25/06/2024, 17:27:09 UTC
Guys, the problem is that especially in 2024 the market of Bitcoin is staying extremely unstable. Having reached all-time-highs at the end of 2021, the cryptocurrency market experienced several corrections then. I also thinking about investing into Bitcoin BUT the question is: passive vs. active income. The same money i could invest into active business, like a supermarket in a sunny country like spain and the rendite will be maybe much higher, its a headache topic. What do you think, and what do you think about investing in Gold instead of Bitcoin?

peace