$Bitcoin (BTC.CC)$ gold is the way to go. plus I think the c...
$Bitcoin (BTC.CC)$ gold is the way to go. plus I think the crypto market will be wiped out by governments around the world when situations get bad and they'll need money
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10baggerbamm : everybody that thinks gold's the way to go right now they are so late to the game gold set for a year and a half two years did nothing that's when it should have been accumulated now you're hoping for the bigger fool that bids it up above 2,300 and I got news for your gold is manipulated by the Federal reserve when they want to stop the run it will stop on a dime. if you look in the past year you'll see gold do nothing then all of a sudden it's up $25 in a day no reason not overseas not in any other Market but when the commodities exchange is open in the US boom it pops the next day down $40 no reason it's not trading overseas with any volatility and then it gaps down over here gold is completely manipulated don't be fooled into believing it's going to run to 2500 tomorrow because it won't everybody on Wall Street is pushing gold now you are too late buddy
Ty Cole OP : I've been stacking for years, Bitcoin is manipulated as with everything but physical assets can't vanish into thin air as cryptos can. so you may want too go sit in your thinking chair and find some common sense
Monkjustin : Gold is the slowest moving asset in the world . Telling ppl to only invest in gold shows how stupid you are . Gold is manipulated way more then bitcoin is used clearly have no understanding of the world , or these assets. Every safe etf would make u more then investing in gold . Gold is the safe haven for stupid ppl that don’t understand technology
Ty Cole OP : physical assets go beyond gold. I'm not just saying go invest in gold, y I said physical assets. realistate is another one. but your right idk how to invest but I've made plenty but your right. so take your imaginary Bitcoin and shove it in your twat. I've made money off the stock market, metals, realistate. hell you can put money into beef cattle and chickens and sell them too for a dollar, lmao
Cisco forgot to sell : Have both what’s this one or the other I have bullion and crypto
10baggerbamm Ty Cole OP : let me tell you why you're wrong because twice in the United States owning physical gold was illegal the government made it illegal you had to turn it in and there's talks right now with some people in Congress to do it again
10baggerbamm Ty Cole OP : gold is completely manipulated and controlled by the Federal reserve don't think for a second it moves on supply and demand. and historically compared to cash it's a good investment but gold itself physical gold has a 5% spread to it so if you take I'm going to lowball it for math purposes $2,000 spot gold 5% is 100 bucks that means when you go to sell that to any type of dealer maybe you could sell it a retail guy on the street and hopefully he doesn't rob you but to a dealer you're getting $1,900 and you're also going to get a 1099 which means you have a gains tax to pay on it. so now let's suppose you're going to dispose of it on eBay you're getting a 1099 from eBay and you pay a standard seller's fee. going to your local Town Hall tell me you want to pay your property taxes in Gold they don't accept it maybe in Alaska it's accepted where it's mind but not in the lower 48. take a gram of it in and go out for a nice dinner and say you want to pay for dinner with gold they don't accept it. gold also doesn't pay a dividend so you're boring ass utility stock compounds because you can reinvest your dividends and grow your money that way or any stock for that matter that pays the dividend it can be reinvested and in time historically profitable companies raise their dividend a couple of percentage points a year so you keep up with inflation that way historically so compared to a dividend stock that you can reinvest golds done very poor
10baggerbamm 10baggerbamm : and now everybody's jumping on the bandwagon because money chases movement and you have gold going up at about a 25° grade uphill just like a tech stock used to and to show you when it's getting to a top they bring Peter shift back on TV and he's pitching his gold through his gold fund that he started back in 2009 and if you look at the returns on that they suck a standard S&p trounces it by several hundred percent. so the general rule is according to Warren Buffett be fearful when others are greedy and greedy when others are fearful. gold started about 1,800 it's 2344 now.. hello last time the reality is it may go to 24 2500 but the marginal rate of increase becomes a lower and lower percent and smart people were buying it when it was dead money late last year around $1,800 bucks 1820 1830 it fell several times. because I got news for you when it stops running it's going to sit dead again for a couple of years and people are not going to be patient they'll dump it and then you know who's going to buy it the Federal reserve or China.