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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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On 21/01/2021 at 18:21, 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.

Next up $80,000. Downside $33,000 possible before taking off again. 2-3 month timeframe. Gold could see $1475

Edited by Oldun
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3 hours ago, Oldun said:

Next up $80,000. Downside $33,000 possible before taking off again. 2-3 month timeframe. Gold could see $1475

Silver might go to $16 or $40 but I'd rather have silver in the dark times then crypto in an $8,000 in dark times with thieves able to steal it and disappear with no recourse.

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I've had all 3 so I'm doing ok. Definitely would have generated more profit in bitcoin but been in silver game since 2008. 

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On 11/03/2021 at 00:03, DarkChameleon said:

Silver might go to $16 or $40 but I'd rather have silver in the dark times then crypto in an $8,000 in dark times with thieves able to steal it and disappear with no recourse.

Good for you. Your reply seems to infer I am in favour of one over the other. As you can clearly see from my words, I am not. It is a statement of forecasting.

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3 hours ago, Oldun said:

Good for you. Your reply seems to infer I am in favour of one over the other. As you can clearly see from my words, I am not. It is a statement of forecasting.

I infer nothing, just stating my position.

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So after that minor detour, 3-4 months bitcoin to $80K or as near as dammit. Could be the usual roller coaster on the way. Time will, as always, tell.

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Currently internally debating if it’s worth realising Bitcoin gains before April 6th, and ploughing it into gold. In fact, can anyone recommend anywhere online where one could trade BTC for Gold? 

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Some sellers accept BTC here for gold

5 minutes ago, SatsStacker said:

Currently internally debating if it’s worth realising Bitcoin gains before April 6th, and ploughing it into gold. In fact, can anyone recommend anywhere online where one could trade BTC for Gold? 

Some sellers here accept BTC for gold

Edited by HerefordBullyun
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9 minutes ago, SatsStacker said:

Currently internally debating if it’s worth realising Bitcoin gains before April 6th, and ploughing it into gold. In fact, can anyone recommend anywhere online where one could trade BTC for Gold? 

sharpspixely (london) if you are in UK to BTC

or goldsilver.com & APMEX (USA) do as well :) 

buy GCT free gold when yo purchase ;) like sovereigns/britannias if you in UK 

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35 minutes ago, Paul said:

sharpspixely (london) if you are in UK to BTC

or goldsilver.com & APMEX (USA) do as well :) 

buy GCT free gold when yo purchase ;) like sovereigns/britannias if you in UK 

Brilliant thanks, for the links. Yep UK and CGT.

43 minutes ago, HerefordBullyun said:

Some sellers accept BTC here for gold

Some sellers here accept BTC for gold

I’ve seen a few posts on here actually a while ago. When the times comes I’ll go premium and have a good look around. Cheers.

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