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Do you Regret buying Gold and Silver compared to the BITCOIN BOOM!

By BackyardBullion, 20/01/21
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Do you Regret buying Gold and Silver compared to the BITCOIN BOOM!

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Yes, especially how read into it in detail, understood its potential but never acted on it  

Own 'some' crypto now but missed out on the mega returns.

 

Having said that had i "gone large" into crypto early doors and not PMs, Bitcoin & co would have been outlawed and banned, and gold gone to $100,000oz I'm very sure of that ! :) 

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I'll take physical over vapor any day, don't say your stacking to get away from fiat and then go crypto...its more risky ultimate times more.

Edited by DarkChameleon
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I own both but mainly buy crypto currencies that have a real world use cases.

There's been massive money to have been made in bitcoin. Especially early doors like the Max Keisier and the Winklevoss twin's who push bitcoin above all else.

Credit to them as I could have mined or bought it back in 2013 but pooh pooh it as being a scam. 

There's still big money to be made but more so in alt coins going forward.

I see crypto as more risk on speculative investment and gold/silver for wealth preservation.

 

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Of course I regret it, assuming I would be/have been wise enough to realise profit and put it into something else with emerging low cost value with a bright future, as Bitcoin once was. Now, it is just too expensive and ripe for the taxman/ taking although I am sure it will go to 60,000. Too much gambling for me. Tortoise rather than a hare. It is a fact of speculation that the majority must always be wrong for the few to take all the marbles and bitcoin is looking increasingly like a crowded trade to me, although it will definitely go to $60,000 at some point. Good luck :) Too rich for my blood and am invested elsewhere.

Edited by Oldun
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25 minutes ago, Oldun said:

Of course I regret it, assuming I would be/have been wise enough to realise profit and put it into something else with emerging low cost value with a bright future, as Bitcoin once was. Now, it is just too expensive and ripe for the taxman/ taking although I am sure it will go to 60,000. Too much gambling for me. Tortoise rather than a hare. It is a fact of speculation that the majority must always be wrong for the few to take all the marbles and bitcoin is looking increasingly like a crowded trade to me, although it will definitely go to $60,000 at some point. Good luck :) Too rich for my blood and am invested elsewhere.

Yeah same for me.... missed the initial "boat" due to not fully understanding how to actually but them and now..... if I buy here and see a20% decline before it hits $60k I will be sweating 🙂

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Generally Bitcoin goes through the roof every New Year as the Chinese get their new year $50,000 allowance to send abroad for the year. Not exactly rocket science, so expect, as it has done, a drop. Everyone knows rhis and gets in earky before the Chinese ordinary folk turn up and take their money..

Edited by Oldun
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7 hours ago, Rll1288 said:

Yeah same for me.... missed the initial "boat" due to not fully understanding how to actually but them and now..... if I buy here and see a20% decline before it hits $60k I will be sweating 🙂

Its down now what?, $13,000 off its high, I've seen silver jumpers go long before that kind of drop, I don't see a drop in bitcoins as an opportunity to buy more, too risky by far.

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This popped up on my YT feed and I'm still on the fence with Bitcoin

I've had silver Bling for years, but only just started stacking last year.

I'm intrested in Bitcoin but still on the fence with it ... but aye check this video out

 

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