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You can invest in anything besides Crypto but it has to beat bitcoin by Xmas eve what

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  • 03-12-2017 6:24pm
    #1
    Registered Users Posts: 28,120 ✭✭✭✭


    Well fast return, short time frame anything tradable. What's your money on..

    1 bitcoin = 9835.10 Euro

    I'm going to put my virtual money on just shy of 2 tonnes of copper...(5769.05/t right now)


Comments

  • Closed Accounts Posts: 657 ✭✭✭Shauny2010


    Hard to beat the cryptos at the moment,
    maybe Crude Oil if the North Korean situation gets worse it should shoot up above $70 very quickly, could even go above $100 next year too if you wanted to let the trade run

    WTI Crude $58.40
    Brent Crude $63.0


  • Registered Users Posts: 3,981 ✭✭✭Diarmuid


    If buying bitcoins at this stage is defined as investing, then I'd go with sticking your money on black at the roulette.


  • Registered Users Posts: 28,120 ✭✭✭✭drunkmonkey


    Diarmuid wrote: »
    If buying bitcoins at this stage is defined as investing, then I'd go with sticking your money on black at the roulette.

    Well that's what I was getting at, let's see how some real investments do in comparison.
    I've had better returns over the last month on some shares than if I had bought a bitcoin at the same time.


  • Registered Users Posts: 652 ✭✭✭FernandoTorres


    Diarmuid wrote: »
    If buying bitcoins at this stage is defined as investing, then I'd go with sticking your money on black at the roulette.

    Well that's what I was getting at, let's see how some real investments do in comparison.
    I've had better returns over the last month on some shares than if I had bought a bitcoin at the same time.
    "Real investments" are not measured over the course of three weeks. For what you're talking about the casino would be a better bet, at least there's no brokerage fees.


  • Registered Users Posts: 28,120 ✭✭✭✭drunkmonkey


    "Real investments" are not measured over the course of three weeks. For what you're talking about the casino would be a better bet, at least there's no brokerage fees.

    You can only be long in a trade/investment or it doesn't count:eek:

    It's only a bit of fun to see can someone beat the bitcoin over a few weeks now it's hovering around the 10k mark plenty of trades might give a safer and better return. Haven't worked it out to the penny but last few days I think for example Tiffany&co has been returning about the same. Fees are high in crypto as well.


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