How to make money by investing in Gold?

[cuno]

Forget bitcoin, this thread is not about bitcoin, stick to topic or your posts get reported!

Still impossible to loose money if you bought the gold buy a real dealer.

 

[Costas]

Forget bitcoin, this thread is not about bitcoin, stick to topic or your posts get reported!

Still impossible to loose money if you bought the gold buy a real dealer.

I bought 2011 and sold 2016 - 5 years of holding and lost. It is nonsense to buy gold if you can't afford to wait at least 10 years.

 

[kokunut]

Gold is most often long term investment over 5 and 10 years or even longer.

 

[void]

this is a weird idea, buying gold is so silly... of course it will appreciate against USD but at the same is it losing and will be losing value against BTC... what kind of strategy/hedge it is? especially if it clearly has worse properties and those very few where gold wins (i.e. couple of thousands years of history, wide recognition and tangible form) are fading every day

 

[Enzo Marchetti]

It doesn’t carry the mining centralization risk, for one, the ease of introducing chaos in the ecosystem is another. But okay, it’s almost time to swap gold bars for BTC anyway.

 

[fc70]

PG and MG discuss gold, investing, tariffs and the economy.

 

[cuno]

Bought 2011 sold 2016

By the way, apparently no one ever loses money on Bitcoin.

And because that happened, you think gold is a bad investment? You can find periods of loss in any kind of investment, this seems like a poor comparison to me. But I guess you’ve probably found something else that works for you.