BTC Silver and Gold - page 3. | Bitcointalksearch.org

Wind_FURY

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Quote from: Sir Legend on May 02, 2023, 02:02:48 AM

In my opinion, dividing money into many types of investments is a safer and more profitable thing, if there is an investment that drops, we can still rely on others, and of course the biggest portion at the moment, in my opinion, is bitcoin, this is because of the short-term potential or less than a year from bitcoin is very good compared to gold and silver.

In the U.S., that's actually not a bad suggestion, BUT in the context of the possibility of a financial/currency crisis, HODL Bitcoin and something physical like Gold and Silver.

There are politicians who want go raise the government's debt ceiling to "pay for their debt". The truth is, they have never paid for their debt. They are already $31 TRILLION in debt, and it's only growing. They keep borrowing money printed for them by the Federal Reserve, and they want continue this death cycle without any concern for the future.

Andrija Branislav

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

That is sure! Gold and silver as a hedge against inflation. Precious metals such as gold and silver have traditionally been viewed as a store of value, and can retain their value even during times of economic uncertainty but I know a thing or two. Some people stack gold and silver alongside BTC as a hedge against inflation, while others prefer to stick with one asset class. So if someone is feeling fancy and looking to hedge their bets, why not stockpile some precious metals alongside BTC?

Sir Legend

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In my opinion, dividing money into many types of investments is a safer and more profitable thing, if there is an investment that drops, we can still rely on others, and of course the biggest portion at the moment, in my opinion, is bitcoin, this is because of the short-term potential or less than a year from bitcoin is very good compared to gold and silver.

TheGreatPython

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Quote from: Vishnu.Reang on April 30, 2023, 04:12:27 AM

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

Silver can be good, but I find gold to be better than that and if I was to invest in something apart from Bitcoin, it will probably be gold since I can clearly see the rate of gold rising very quickly within months that I understand how much my investment will be worth if I buy and store gold for maybe about 5 to 7 years from now even a decade.

If someone has more wealth, they should probably go for real estate as well if they are looking for an edge against inflation, the prices of properties tend to increase more when there is inflation within a country.

South Park

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Quote from: Minecache on April 30, 2023, 06:27:57 AM

Quote from: Vishnu.Reang on April 30, 2023, 04:12:27 AM

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

I don't invest in silver, but I also see more investors starting to pay attention to it than gold, but in terms of returns, neither gold nor silver can be compared to bitcoin. While bitcoin would be the riskiest when comparing all three, its return is commensurate with the risk we take. Moreover, why don't we diversify? We should invest in 2 or 3 assets and never just invest in a single asset, including gold. I'm investing in bitcoin and gold, but I want to take risks for bigger rewards, so I prioritize bitcoin over gold in my portfolio.

Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.

Wind_FURY

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Quote from: summonerrk on April 30, 2023, 07:31:37 AM

Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

Since the beginning of the year, gold has grown by 8 percent. Nevertheless, if you decide to buy it now, it will be a good investment - after all, gold is one of the main shelters during inflation.

Now the whole world continues to adapt to the withdrawal from the Russian markets, import and export chains are being redirected, and the economy of the whole world is adapting. So these are unstable times.

Because most of the Central Banks from different regions of the world have started buying and HODLing Gold. The older generation says that if Central Banks start doing it, we should expect another large-scale war. The question is Russia. If Putin's invasion of Ukraine is a success, what would stop him from invading another former Soviet Union region?

Quote

Nevertheless, I have never considered and will not consider gold as an investment. Why? It is better to find another promising coin, like TON, and invest money in it.

TON? That shitcoin is better than Gold? Hahaha. Your post wants me to join Peter Schiff and become Gold Bug.

MarjorieZimmermanGinger

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

There is an interesting story about gold then and now in my family. In the past, my parents were one of the people who liked to buy gold the most and have been saving it for decades. Trust in gold is very big in my family and in almost many people around us. Gold has the ability to retain value and is almost the same as bitcoin, but the difference is that gold is slow to generate large profits like bitcoin, so investing in gold will take a long time to generate large returns.

I am one of those people who often listens to advice about buying gold to keep in the family, but I also chose another path and entrusted bitcoin as an investment that I am in and it is proven that now my assets are increasing. My wife is still very enthusiastic whenever asked to buy gold for her, but usually I will adjust some of the profits from bitcoin to buy a little gold to save.

summonerrk

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

Since the beginning of the year, gold has grown by 8 percent. Nevertheless, if you decide to buy it now, it will be a good investment - after all, gold is one of the main shelters during inflation.
Now the whole world continues to adapt to the withdrawal from the Russian markets, import and export chains are being redirected, and the economy of the whole world is adapting. So these are unstable times.

Nevertheless, I have never considered and will not consider gold as an investment. Why? It is better to find another promising coin, like TON, and invest money in it.

rby

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Quote from: makishart on February 13, 2023, 06:57:55 PM

A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.

https://goldprice.org/gold-price-chart.html

Looking at the graphical representation of gold price over the years, you will understand that gold has been on overall bull run since discovery. But it doesn't give high RoI and such it could be greatly regarded as a hedge for inflation.
While as against your opinion, I would not agree that Gold is a more investment method than Real estate.
While Real Estate will also protect you from inflation, it can also give a reasonable amount of returns within a period of time.
My investment is in bitcoin and I am planing to diversify after halving and that will be in real estate and not gold nor silver.

Minecache

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Quote from: Vishnu.Reang on April 30, 2023, 04:12:27 AM

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

I don't invest in silver, but I also see more investors starting to pay attention to it than gold, but in terms of returns, neither gold nor silver can be compared to bitcoin. While bitcoin would be the riskiest when comparing all three, its return is commensurate with the risk we take. Moreover, why don't we diversify? We should invest in 2 or 3 assets and never just invest in a single asset, including gold. I'm investing in bitcoin and gold, but I want to take risks for bigger rewards, so I prioritize bitcoin over gold in my portfolio.

Vishnu.Reang

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When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

samcoin

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

Diversification is good, but the problem with gold and silver lies in the storing process, as most people don't feel safe storing it at home or in any other place. I recently thought of buying some PAX gold, yet the case PAXOS is facing stopped me for a while as I don't know the effect PAXG will have or if it will continue working. However, I personally feel safer when buying tokenized gold tokens than storing physical gold.

The Sceptical Chymist

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Quote from: Hydrogen on February 13, 2023, 10:55:29 AM

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

I don't know...even if you inscribed a serial number on a bar, I'm sure it still wouldn't satisfy those who'd claim it could have been altered or whatever. Plus there are people who don't want any way for their metals to be traced--I think that's why some bars have serial numbers and some don't.

I haven't read the whole thread yet, but some of the silver bars by Geiger are absolutely beautiful and come with serial numbers and some kind of ink over them with which you can verify authenticity (they claim) using a black light. It's just too damn bad the premium is so high for the Geiger brand stuff.

And yeah, I've been into metals since right before the big crash in 2011. Fortunately I also didn't have money then and thus didn't go hog wild only to then see all that value disappear in the years after the crash. And what a slow but steady decline it was. Anyone here remember that?

spectre71

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Having lived and worked in silicon valley during the dot com bomb, I have learned to give ANY investment a haircut (diversify/hedge outside the sector) when it get rowdy to secure one's gains.

There are bullion dealers who take crypto and you never have to touch the banking system.

BRICS will form and be backed by gold, I think it inevitable because we have trashed the petro dollar. So this could be a boom for gold.

My local coin shop will give a loan against metals as well as cash it in. Additionally they can take in a 100oz bar cash in 20 and give you 80oz back.

A few states are considering legalizing gold and silver at legal currency, that should incite some thought for all.

If when shtf it's allot easier to barter in cash and metal than BTC. Think of the on and off ramps of BTC to be broken, then what?

STT

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Quote

you would have only gained

You arent actually supposed to gain anything at all for a hold gold, why should you gain. They mine more gold every day and the vast majority of it is recycled if ever used it will be available in future so supply is never destroyed as most commodities are.
The other point from saying gold has gained little is yes its still very cheap relative to where it could move, there is an obvious imbalance in the world that has value misattributed in many places. Gold is easily arguable as something that will rise in future but to just hold it is not something that yields a gain or profit directly. I see gold as insurance and it costs to buy, ideally you would always move perfectly and gain elsewhere but its safer then FIAT cash to hold long term imo hence useful

ivankoh

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I like gold, silver and more like bitcoin but right now my conditions only allow to diversify all of them. I just spend my savings every month to buy bitcoins. Gold and silver are two stores of value, a popular medium of exchange for more than 1000 years in all parts of the world and in all civilizations. volatility of gold is 1/5th that of bitcoin. Gold and silver are also listed as inflation-resistant haven assets like bitcoin. My expectation is that there will be a larger reserve fund to diversify gold, silver and bitcoin.

molsewid

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

Personally, I don't have any gold and silver since I am not interested in that thing. So I only have bitcoin, it is kinda small in amount since I don't have the ability to buy more now. Some other people tend to buy more gold since gold has a stable price as time passes by and actually it increases over time. Maybe if I will have extra money in the future I will buy some as well.

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Quote from: zaki12 on February 17, 2023, 04:45:50 PM

Quote from: crypticj on February 16, 2023, 01:49:03 AM

Silver will perform great in the next few years and demand for it will be rising so it's a good idea to invest in it right now.

I will continue to shift half of my monthly savings goal to metals, especially silver. The other half will go into Bitcoin, at least for the rest of the year.

Not just you but I am seeing lot of people are preferring silver over gold but in my assumption gold's appreciating rate is higher than silver but definitely gold is not performing like bitcoin but for diversification purposes I agree we all need to go for more options beyond bitcoins regardless of its appreciating rate.

Honestly I am saving bitcoin and some gold but not regularly in gold but I do invest in bitcoin regularly regardless of its price level because I am believing more into bitcoin and for diversification reasons I prefer gold and real estate but real estate is something that we cannot do every month.

Fivestar4everMVP

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Quote from: tread93 on February 12, 2023, 03:14:41 PM

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

LOL, the though of buying silver and gold have never come to me, this is because if ever I want to buy gold or silver, I would prefer to buy the real gold and silver, not the digitalized type, I know that crypto have made it possible to easily by and hold gold and silver, as there are several projects that have crypto assets pegged to gold, as well as silver, example is Paxos Gold, buying this type of asset is still the same as buying crypto, so doesn't make any sense to me, if I ever want to buy and hold gold or silver, I would go for the real gold, but one of the discouraging factors is the processes involved.

zaki12

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Quote from: crypticj on February 16, 2023, 01:49:03 AM

Silver will perform great in the next few years and demand for it will be rising so it's a good idea to invest in it right now.

I will continue to shift half of my monthly savings goal to metals, especially silver. The other half will go into Bitcoin, at least for the rest of the year. (Note: I already have an emergency fiat fund. like it or not, we still have to deal with the current system). Nothing is getting cheaper. I don't anticipate anything will for a while.

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