I was kinda worried. Day by day, the value of my investment goes down. How can I improve on this?

I was kinda worried. Day by day, the value of my investment goes down. How can I improve on this? Also, can I use my bitgold in paying bills? I am currently here in the Philippines. I'm not really knowledgeable about this but I invested anyway. It look like a good investment at first but it's value is going down. Can someone help me clear my mind? Thanks!

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In terms of fiat currency you will see the value of your vaulted gold fluctuate. Don't think of it as an investment - think of it as money. Take a look at some of the charts on http://pricedingold.com or read Josh Crumb's excellent essay https://www.goldmoney.com/research/goldmoney-insights/savingstech-back-to-the-future-edition
The best way at this time to pay bills is by using your GoldMoney prepaid is either USD. EUR, or GBP denominations - or transfer money back to your bank as you need it.
All of us expect the dollar price of gold to go up in the coming years. Some think many percent - others many times. It is all tied to the strength of the dollar and its acceptance as the world reserve currency.
Another way to think of it is that gold is sound money- when it's price drops you can buy it at a bargain. The rest of the stock market is dropping now too, but more so than gold.
I hope that helps.
If you bought gold, that's not really an investment. It just means you traded one currency for another. Gold is sound money. The amount of gold you own is still the same when measured in grams. Yes, you can use your gold. The most convenient way is by getting the free GoldMoney Prepaid MasterCard. Think of your gold as savings and as insurance against the decline of fiat money's purchasing power.
If you bought some GoldMoney Inc shares then yes, you made an investment. With all shares you are taking some degree of risk. This is a very new company. It has not yet produced profits on a multi-year basis. There is always the risk that management may fail to execute the business plan for any number of reasons.
The flip side of those risks is that the company becomes a big success and the shares go up significantly in value.
If you own gold, relax. It has proven itself over 5000 years globally. If you own shares, decide what amount of risk is right for you, do your due diligance, and be part of the adventure. Best of luck!
--Keep your gold for the long haul.
No no no no noooooooo
Every time you load the card it is a sale. Buy on the dips … OK. Load to your card as necessary … OK.
Sorry
Call it what you will, gold is sold* to obtain the currency for your GoldMoney Prepaid card. The Prepaid Card is issued and maintained by Wirecard Card Solutions Ltd. (see the back of your card). When you load the Prepaid Card (note that it is a Prepaid Card, NOT a debit card) BitGold sells gold in the vault of your choice and transfers the proceeds of that sale to Wirecard Card Solutions Ltd.
* I want to be very specific here because it is a sale and depending on the country in which you live it may be considered a taxable event on which you may be required to pay capital gains. BitGold is under no regulation to report this sale to anyone. They are a bailment service not a bank. But you, again depending upon your country of residence, may have a legal obligation to report it.
Sorry I don't understand
Obviously, but if you don't load the pre-paid with some fiat funds what's the point of having it?
What don't you understand?
Query; gold prices fluctuate both remote and short term also, I have noticed that it slightly fluctuates during the day, hence which time of the day is gold down and fit for purchase!? is there a fixed time period during the day in which gold goes down ???
Below is a three day chart from http://goldprice.org (hmmm gold it moving back up nicely in yellow)
Notice that just after 8 AM New York time is when the New York COMEX opens. This is when you are most likely to see a dip in the price of gold as COMEX floods the market with paper gold contracts in an effort to suppress the price of gold. The flood of "available gold" on the market usually drives the gold price down. Nobody ever expects to have physical gold delivered because there is NO GOLD backing up these contracts. The short video below explains all of this better than I can.
I will enter a disclaimer that all of that means very little over a length of time. To try and time those events is both difficult and dangerous because that pattern is only valid until it's not. I completely understand the temptation to attempt to time it, but I believe it becomes counter productive psychologically at a certain point because you have to be consistently right so often.
Is your objective to trade or accumulate gold? If it's to trade, I think there are much better vehicles to accomplish returns. If you are accumulating, there is nothing wrong with trying to buy on dips but to play in such an obviously manipulated\suppressed market is extremely dangerous unless you have massive amounts of capital.
Having said all that there is no one better at the short term gold movements than Craig Henke, and his monthly subscription is like $12 a month.
Good luck
Also agree with ArtMatters statement "I will enter a disclaimer that all of that means very little over a length of time". I have mentioned on numerous occasions that I have the recurring deposit function set to buy a small amount of gold every single day. This way you obtain a great averaging price over time that I would strongly argue beats anyone that is trying to time all of their purchases. If gold takes a significant swing down then that might be an opportunity to make a larger lump sum deposit and I have done that myself to add to my daily accumulation. In my opinion it is better to "accumulate regularly" than to try and time.
I would love to see the math to show the difference of how much gold a user would have if they bought every single day, versus once a week and once a month. I would be shocked if the daily deposit didn't procure more grams of gold over time.
My only "problem" with auto buying a little each day is that I have no way of knowing when the buy will occur. Control freak that I am I always want to get the best price.
My second issues deals with IRS reporting of many small buys and sells in $s and opposed to grams and matching the correct buy quantity to the correct sell quantity. But I guess that is what accountants are for. I truly hope that Canadian tax law in regard to gold is less onerous than in the US.