For what exactly, if you had held Gold from last year 16 of February to 16 of February of this year, you will have gained just nothing, if you bought in the last 5 years, you will have earned $500 dollar, now, if you compare inflation rate in the last 5 years with the increased price, you would have only gained a sandwich meal for a day, what is now the essence of holding them, I don't want to go to how silver has performed in the last 5 years but let us look at Bitcoin; if you have bought bitcoin on February 16, 2019, which is 5 years ago, despite the market collapse, that's roughly sweet 7x from your investment at the current price of bitcoin.
Although the high profit from investing in bitcoin but actually investing in gold for large amounts is also profitable in the next few years even though the profit is not very high but the profit is certainty, I am not comparing the second investment but I have both of them in the current investment, so if bitcoin decreases then I will review the movement of gold to remove the saturation from the movement of the crypto market. 
Topic: BTC Silver and Gold - page 4. (Read 792 times)
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
We are in bitcointalk, not goldtalk, not silvertalk, not even preciousmetalstalk, we are in bitcointalk. This is why it is normal for people here to say that they are a lot more interested in bitcoin than other things, doesn't matter if it is stocks, gold, silver, ruby, oil, futures, whatever it is, we will prefer bitcoin over any of the others because this is the place for bitcoin and will stay like that.I think it is quite important that we focus on how we could make money from bitcoin, the thing we know and love, over any other because that would be a whole new ball game and we would need to learn a lot of new things to move from here to there, which is why learning more about bitcoin is easier.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do have some physical gold, silver, and platinum. The best part is that you can buy precious metals with crypto.
This was my way:
Example: $1000 in crypto
If it gains 100% I have $2000 in crypto -> then I use half of that to buy precious metals -> I still have $1000 in crypto plus $1000 in precious metal, also if I used crypto to buy the precious metal I support the crypto economy.
I do think it’s pretty sick that you can go to any precious metals exchange and buy gold silver or platinum for Bitcoin. All of them accept Bitcoin, some accept other cryptos I think.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.
So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.
But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.
In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.
That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.
but I myself am more familiar with investing in gold and for silver I have never done it and don't know the ins and outs, obviously I don't understand, I am more familiar with bitcoin.
it is clear that bitcoin is more promising than gold and silver, but bitcoin does take a very long time and it is clear that bitcoin is a long-term investment.
What makes you so sure that Bitcoin is very promising in the future than gold and silver? even though Bitcoin was only a few years ago in the world while gold was known from the stone age. You should convince gold is better than all of this it's just that gold has a very slow movement forward.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
For what exactly, if you had held Gold from last year 16 of February to 16 of February of this year, you will have gained just nothing, if you bought in the last 5 years, you will have earned $500 dollar, now, if you compare inflation rate in the last 5 years with the increased price, you would have only gained a sandwich meal for a day, what is now the essence of holding them, I don't want to go to how silver has performed in the last 5 years but let us look at Bitcoin; if you have bought bitcoin on February 16, 2019, which is 5 years ago, despite the market collapse, that's roughly sweet 7x from your investment at the current price of bitcoin.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do have some physical gold, silver, and platinum. The best part is that you can buy precious metals with crypto.
This was my way:
Example: $1000 in crypto
If it gains 100% I have $2000 in crypto -> then I use half of that to buy precious metals -> I still have $1000 in crypto plus $1000 in precious metal, also if I used crypto to buy the precious metal I support the crypto economy.
I think the profit potential of bitcoin is higher than gold and silver. today bitcoin is up more than 12% and getting close to $25k, I believe this week the price will touch $25k after almost 8 months under $25k, surely this is the price that will make the trust increase and will continue to increase, and I'm even more optimistic about holding bitcoin because I'm sure this year I can pass the ATH that happened 2 years ago.
yes, i agree with you. seeing the potential profits derived from bitcoin then allows someone to forget about gold and silver.
the profit that can be obtained from gold and silver is not as big as the profit that Bitcoin can provide. I prefer the advantages that Bitcoin provides
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.
Stacking and coin collecting is for complete nerds 
You already know how I feel about this topic. As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver. So I'm constantly having to have that conversation of the importance of diversification and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.
"I personally thinking that if precious metal should not become my main investment". It definitely shouldn't. It should only be a piece of the pie, so to speak. Almost any proper portfolio (exception apply) should mainly be supported by traditional equity investments such as mutual funds/ETFs etc.
Gold also isn't necessarily better than real estate. They are two different types of assets. Real Estate has often carries a higher chance for growth, whether investing directly or indirectly such as in products/funds like REITS.
You already know how I feel about this topic. As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver. So I'm constantly having to have that conversation of the importance of diversification and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio. 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
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
"I personally thinking that if precious metal should not become my main investment". It definitely shouldn't. It should only be a piece of the pie, so to speak. Almost any proper portfolio (exception apply) should mainly be supported by traditional equity investments such as mutual funds/ETFs etc.
Gold also isn't necessarily better than real estate. They are two different types of assets. Real Estate has often carries a higher chance for growth, whether investing directly or indirectly such as in products/funds like REITS.
Great write up m8! And you know me, I am a complete nerd when it comes to this stuff
Do you think gold will get to 3k per ounce at some point in the near future if inflation keeps raising at the crazy rate that it does? What do you think silver price will go up to? BTC obi going up to like 1 mil per coin soooooo shoot man just disregard this whole post and just stack SATSSSSSSS ya feel? hahaahah jk. I think it makes a lot of sense to diversify, to your point. I know that must be a fun conversation to have with your clients.... 
I think the profit potential of bitcoin is higher than gold and silver. today bitcoin is up more than 12% and getting close to $25k, I believe this week the price will touch $25k after almost 8 months under $25k, surely this is the price that will make the trust increase and will continue to increase, and I'm even more optimistic about holding bitcoin because I'm sure this year I can pass the ATH that happened 2 years ago.
A point people might be missing which can apply to crypto also is that holding a commodity does not qualify as investment. I can buy and keep a barrel of oil but Im not an investor, Im a commodity speculator or possibly I will just use this barrel of oil myself but there is also cost to holding a commodity.
Imo BTC is much like a commodity which we know is in demand with good prospects but it doesnt accumulate value all by itself, the market itself must grow and usage by various parties big and small. Gold is definitely a growth sector, its been in net purchase by central banks for a couple decades now. The price still massively varies and may not profit people who can only hold it for a couple years.
Imo BTC is much like a commodity which we know is in demand with good prospects but it doesnt accumulate value all by itself, the market itself must grow and usage by various parties big and small. Gold is definitely a growth sector, its been in net purchase by central banks for a couple decades now. The price still massively varies and may not profit people who can only hold it for a couple years.
I am not interested in gold or silver, so I don't have any... -snip-
It doesn't look any different for me. Gold and silver have never been of interest to me, which is why I haven't invested in them. For me, cryptocurrencies are simply more interesting and that’s why bitcoins and altcoins got me hooked right from the start. Unfortunately, I can't say why that is. I wouldn't say it's because of my age, since I'm not the youngest anymore either. I believe the opportunities offered by bitcoin are worth more to me than gold or silver.Maybe it's also because you can be easily cheated with gold or silver if you don't know anything about it. That just doesn't work with bitcoins. A coin on the blockchain is and remains a coin and cannot be counterfeited. It gives me a sense of security that gold or silver just can't offer.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.
So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.
But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.
In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.
That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.
but I myself am more familiar with investing in gold and for silver I have never done it and don't know the ins and outs, obviously I don't understand, I am more familiar with bitcoin.
it is clear that bitcoin is more promising than gold and silver, but bitcoin does take a very long time and it is clear that bitcoin is a long-term investment.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.
So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.
But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.
In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.
That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.
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.
By now there are more people in the world who value gold than Bitcoin. We generally use gold in two ways one is gold we use it as jewelery and another we use it as an investment. Many times it is seen that when the price of gold decreases a little, many people buy gold. But if they knew about Bitcoin then they would have bought Bitcoin instead of buying gold at that time. Because bitcoin investment can earn more profit than gold.Bitcoin is more profitable than gold but riskier than gold. Big investors and billionaires still choose gold to invest in, they don't select bitcoin because it is still an extremely risky asset. We are investing in bitcoin because we take risks for high returns, and people with a lot of money they want to be safe. To be honest, I am investing most of my assets in bitcoin. I only allocate a bit in gold because I want to make a lot of money quickly and hit the target, I will still move most of my wealth to gold, gold is still safer, and that's true.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I previously saved in gold when what I got from the Bounty prize, but this will be the last thing I will do. I don't think it's important to keep the value of assets in the form of gold, it's better in the future I just put it in Stablecoins like in Tether USDT. by putting it there according to me it is more flexible in monitoring.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.
So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.
But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.
In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.
So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.
But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.
I don't have a gold and silver stock, and bitcoin that I save today is worth around $ 2400, the last time I bought Bitcoin is the end of last year when the price is $ 17k, but the most expensive I once bought when the price of $ 52K, I will make bitcoin as the main investment rather than gold and silver because I'm sure we can get a bigger increase with bitcoin.
Stacking and coin collecting is for complete nerds You already know how I feel about this topic. As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver. So I'm constantly having to have that conversation of the importance of diversification and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.
I think I know why you say nerd. That is because you find cryptos too technical right? Yes they are when compare to traditional investments like gold and silver but still, any investments might require a knowledge specifically into the financial field, this is why some just consult into a financial advisor. You already know how I feel about this topic. As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver. So I'm constantly having to have that conversation of the importance of diversification and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio. For us who can't afford it, we still can do our research online and one of the things that we can learn is putting all eggs in one basket is too risky but diversification can be better. Different assets have a different ability. Gold and silver for example are much stable than Bitcoin but the profit potential with them can also be slower or lesser. Sometimes knowing our preference helps us to pick up if what asset will fit for us.
Jump to: