BTC Silver and Gold | Bitcointalksearch.org

TheUltraElite

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Quote from: Paul Pogba on May 10, 2023, 08:56:02 AM

As investors we have to be smart, don't just rely on 1 or 2 types of investments, placing money in many types of investments is the best and safest step so that you can get profit, and gold is of course a very good and safe investment because everyone can receive gold.

Gold is easily accessible, easy to liquidate and traditionally a long term investment for any family as an heirloom. Bitcoin is becoming a similar asset too but bitcoin faces the problems from the government about its usage restrictions and "grey-area" labels. This hinders the use of bitcoin as similar as gold has been used.

I am always of the opinion that we should keep each one of every asset balanced in our folio. Be it bitcoin (only one among crypto), precious metals, real estate, stocks, bonds and commodities as far as our knowledge and experience goes. Bitcoin and gold are thus two different assets just like silver and real estate are, hence not comparable but shown to be similar in some aspects.

nimogsm

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I have plans to deal with this issue in the near future. I have previously looked into tokens that are backed by gold but they don't inspire much confidence. Still, it is better to buy physical gold, as for me, or on trusted sites. If someone has an interesting experience of buying gold for cryptocurrency, please share your story.

Bitcoin2009

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In my opinion, the easiest type of investment and the opportunity to get big profits at this time is bitcoin, if we want to invest in silver or gold, of course, we need large capital and cannot get profits on a daily basis, but with bitcoin, we can make daily trading so we can make it a source. income or work like people who work in offices.

ringgo96

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Apart from investing in bitcoin, I like to save my assets in gold because gold is indeed a very interesting thing to make into a future asset because every time there is a change in price, I am less interested in silver because I use less silver than gold. for me right now the assets that can really make us millionaires in the future are bitcoin and gold, because they are very influential at this time in everyday life both in use and in storage.

Davian144

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Quote from: Joshapat on May 12, 2023, 05:44:58 AM

If we have large finances then it's time to save large amounts of gold, no doubt that gold is the safest type of investment compared to others, besides that the increase in gold prices can exceed inflation so investing gold is the best and safest choice compared to others. other.

I think if someone wants to save gold or wants to invest through gold, they don't have to have a large amount of money because gold can also be purchased in small quantities or according to the ability of each person who wants to save it. This means that everyone can save gold by buying it little by little through each other's hard-earned money at any time, because physical gold is also very nice to have even though once purchased it must provide the safest place to store it.

Joshapat

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If we have large finances then it's time to save large amounts of gold, no doubt that gold is the safest type of investment compared to others, besides that the increase in gold prices can exceed inflation so investing gold is the best and safest choice compared to others. other.

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Quote from: ichsan ardi on May 10, 2023, 02:28:09 PM

Quote from: tread93 on February 12, 2023, 04:14:41 PM

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am also one of the holders of gold and silver as an asset to protect against inflation but most of my assets that I exchange as assets are resistant to investment, namely BTC, gold is in second place and silver is last, but overall I exchange it to bitcoin

what you are doing is the best thing, because for long-term investment actually gold and bitcoin are equally good, but for increasing prices, it must be admitted that bitcoin is more promising, even though after ATH occurs it will definitely drop again to the previous lowest point and is very different from gold that is not even rarely heard of dropping drastically. once again it just depends on the needs that will be carried out by each investor what he wants to do and how well it is.

trendcoin

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Actually, it bothers me to talk about my assets. This seems a little embarrassing to me. However, I still want to openly admit that besides Bitcoin, I also own a small amount of gold. After all, I often say that gold is a very important investment tool, as well as Bitcoin. These two are solid coins with limited supply. Of course, silver is also included in them, but the storage conditions of silver are a bit troublesome. All in all, I don't see much difference between gold and Bitcoin. One is number 1 in physical and the other is number 1 in digital.

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Quote from: tread93 on February 12, 2023, 04:14:41 PM

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

All in on Bitcoin, no PMs here. Not sure if it's good or bad. So far I'm doing fine and don't regret my decision. PMs are a more conservative way of investing. No (less) risk but also tiny gains (or no gains at all).

ichsan ardi

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Quote from: tread93 on February 12, 2023, 04:14:41 PM

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am also one of the holders of gold and silver as an asset to protect against inflation but most of my assets that I exchange as assets are resistant to investment, namely BTC, gold is in second place and silver is last, but overall I exchange it to bitcoin

Blowon

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I haven't thought about owning gold and silver yet, but in the future if I have the funds to invest I will buy it too, but about bitcoin I receive money from my work, well sometimes I use it to invest a little here buying coins at low prices to store it in a short time it generates profit which is a bonus of my income.

naikturun

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Quote from: Vaskiy on February 12, 2023, 07:20:36 PM

I don't know whether it have turned to be a circumstance or it is getting connected to the culture. In our country gold is given much priority, it can be jewellery as well as form of investment. Majority of the people have good volume of jewellery, because this is the one used as collateral when there is need of money. Bitcoin seems to be my choice, but it is quite hard to make people believe it. If it is gold, everyone simply accepts.

However, it's important to recognize that the investment landscape is constantly evolving, and there are new opportunities and risks to consider. Bitcoin and other cryptocurrencies are still relatively new and may be unfamiliar to many people, but they offer unique benefits such as decentralization, transparency, and security.

Paul Pogba

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As investors we have to be smart, don't just rely on 1 or 2 types of investments, placing money in many types of investments is the best and safest step so that you can get profit, and gold is of course a very good and safe investment because everyone can receive gold.

gaston castano

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Gold, silver, and BTC are all considered by some as hedges against inflation, but they have different characteristics and potential risks. Gold and silver have been used as stores of value for centuries, and their value tends to rise during times of economic uncertainty or high inflation. BTC, on the other hand, is a relatively new asset that has gained popularity as a decentralized digital currency and store of value.

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Quote from: Freddie Boyer on May 10, 2023, 05:23:36 AM

Quote from: tread93 on February 12, 2023, 04:14:41 PM

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

One more don't forget OP, is the Dollar. Gold, silver and Bitcoin have all traditionally been seen as safe havens during times of inflation, the US Dollar has also historically played a role in protecting against inflation. So whether it's gold, silver, Bitcoin or Dollars, make sure you have a balanced portfolio to weather any economic storm and their fourth Lovebird.

all clearly do not doubt it as friend above said, especially very important in avoiding inflation situations that will occur. but there will be a difference in the value that will be obtained in the end when made into deposits, especially for the long term, it is clear that bitcoin will be superior compared to the others. but in the end everything is returned to the individuals who will indeed do it because it is equally good to be stored and developed in due time.

Litzki1990

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Right now I have some BTC and some gold stockpiled. Gold I have stored in such a way that I will never sell my gold because I got this gold as a gift and I don't want to sell these gift items. But I have some plans around the amount of bitcoins I have stockpiled. I hold my bitcoins for a certain period of time and when the certain time comes or my target is met I will sell my bitcoins.

Freddie Boyer

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Quote from: tread93 on February 12, 2023, 04:14:41 PM

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

One more don't forget OP, is the Dollar. Gold, silver and Bitcoin have all traditionally been seen as safe havens during times of inflation, the US Dollar has also historically played a role in protecting against inflation. So whether it's gold, silver, Bitcoin or Dollars, make sure you have a balanced portfolio to weather any economic storm and their fourth Lovebird.

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Quote from: Sithara007 on May 09, 2023, 01:06:24 AM

Quote from: Cryptmuster on May 08, 2023, 03:54:28 AM

Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.

What do you mean by same level? This is not an apple to apple comparison. How can you compare a digital asset, with a physical asset? The only accurate correlation that can be made is by comparing the market cap of these two assets. But even then, the market cap for gold is difficult to calculate. Huge quantities of gold is present in earth's crust, that is of low quality and therefore having little economic sense in extracting. On the other hand, we know the market cap of Bitcoin, since it is minted as per the principle of controlled supply.

Maybe he's referring to the adoption and stability level of gold? But gold isn't stable at all, it might not be as volatile as Bitcoin but it surely is, so technically, it doesn't take as long for Bitcoin to generate profits as it takes gold since it grows gradually. The only big difference between the growth of these two is gold's price doesn't crash as much as Bitcoin's.

So someone who invests in Bitcoin might see their money going down for a while and then going up again later on, while if you are invested in gold, you will simply see a gradual growth which might be slow but is authentic.

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Quote from: Cryptmuster on May 08, 2023, 03:54:28 AM

Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.

What do you mean by same level? This is not an apple to apple comparison. How can you compare a digital asset, with a physical asset? The only accurate correlation that can be made is by comparing the market cap of these two assets. But even then, the market cap for gold is difficult to calculate. Huge quantities of gold is present in earth's crust, that is of low quality and therefore having little economic sense in extracting. On the other hand, we know the market cap of Bitcoin, since it is minted as per the principle of controlled supply.

Cryptmuster

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Quote from: South Park on May 08, 2023, 01:34:24 AM

The problem for anyone which is thinking on investing on gold is that it can take decades before it presents an important movement, and not many people can hold their gold for that long without wanting to do something with that money, however if you are one of the lucky ones which is holding gold when it skyrockets the profits which it can give can be amazing as well, but now that bitcoin exists it seems possible this performance may not be as great as anticipated, as it possible that during that time bitcoin could also experiment an immense growth as well.

Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.

Topic: BTC Silver and Gold (Read 707 times)