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Topic: Gold , Silver Or Crypto? (Read 1433 times)

full member
Activity: 588
Merit: 119
Epsiloan Protocol
August 26, 2023, 06:13:28 PM
What's with the weird question? Of course gold! What could be better than gold to keep your savings? At all times, gold has always had a high price. If I have a lot of money, a small part can be invested in cryptocurrency, but I will still invest the main part in gold.

I will like to support you. This is because of the high volatility involved in cryptocurrency. But I will prefer one to diversify is money on this investment instead of picking one. If one is down in the market, the other can stand a chance to raise the person up.
sr. member
Activity: 2310
Merit: 332
August 26, 2023, 05:29:56 PM
That's good. but I don't agree for cryptocurrencies in the long term. it is really profitable in the fast to medium term. not that I don't believe bitcoin or crypto currency continues to grow, the competition here is too tough it's not uncommon for projects with great value to just disappear like the LUNA case. learning from that I am more careful in investing in crypto currency.

If you want to invest in cryptocurrency, it has been a public secret that bitcoin is the most reliable, so going for an investment for altcoins is a big risk because most of the altcoins are not going to meet the value of your entry price and that means lose will be incurred. Bitcoin is the most reliable because it is decentralized and no single person can manipulate the price that it won't bounce back to normal as it has largest community.
sr. member
Activity: 1680
Merit: 263
August 26, 2023, 05:15:14 PM
Yes it is, we cannot necessarily say other people are wrong when they do not invest in what we invest in, and they also cannot say that what we do in investing in bitcoin is wrong, and indeed it is based on what we believe and what we understand.
Yes, of course we can't just judge someone as wrong if they have different views and don't believe in the investments we make. It's true that everyone has their own choice and everyone has their own experience of the investment they have made.
The most important point is that they or we use the money we have to invest in something we believe in, that we understand the risks and how the investment works and as long as we are also comfortable and have been able to or have had good profits from what we invest, whether it's gold, Bitcoin, stocks or real estate.
For me all investments are good and they will all be beneficial for us, the most important thing is that we have a good overall understanding of the investments we make.
sr. member
Activity: 1106
Merit: 421
August 26, 2023, 12:54:14 PM
Of course, gold and silver are very valuable assets.  Investing in gold will undoubtedly be very good.  It is a very stable way to invest.  First I would advise you to invest in gold, but there is a physical issue and security is a very big issue.
Investing in crypto currency is also not a bad idea.  It is possible to gain good profit from here.  But before investing here, you have to gain knowledge about the security issues first, then you have to gain the fundamental knowledge of trading, then I will say that investing in Bitcoin is like investing in digital gold.
sr. member
Activity: 2254
Merit: 256
Vave.com - Crypto Casino
August 26, 2023, 12:18:01 PM
That's good. but I don't agree for cryptocurrencies in the long term. it is really profitable in the fast to medium term. not that I don't believe bitcoin or crypto currency continues to grow, the competition here is too tough it's not uncommon for projects with great value to just disappear like the LUNA case. learning from that I am more careful in investing in crypto currency.
sr. member
Activity: 1232
Merit: 390
★Bitvest.io★ Play Plinko or Invest!
August 26, 2023, 12:13:13 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...

Are you sure there is no difference when comparing both gold, silver and bitcoin? Can gold and silver generate huge returns like bitcoin? Do they both give you privacy or give you full control over your assets?...There are a lot of differences when comparing these two investments. There are many differences when compared, even they are not suitable to compare with each other but because they are the most valuable assets, people always like to compare to find the winner.
Bitcoin never guarantees huge profits but there are high chances and possibilities. If you can hold bitcoin for long time and buy bitcoin in a good time dip market you can get profit but it will never give you granted profit you can also huge lose from bitcoin. And since Bitcoin is not a currency controlled by any country's government or any organization, there are high risks if you are aware of them and can accept the risks, then Bitcoin is for you.  But for those who want a safe investment, gold and silver would be a good choice.  So who invests in what depends on their personal ability of accepting loss
hero member
Activity: 2016
Merit: 555
August 26, 2023, 12:08:27 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.

On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.
For me, who is still relatively young, and doesn't have a lot of burdens in life or experience in seeing from several sides between gold, silver and crypto, of course I choose crypto, even though I understand historically that gold and silver are assets that are indeed resistant to economic turmoil. and the longer the value of these two precious minerals never goes down because they are in equal proportions, and as we can see the longer the price of these two commodities increases, and does not have the nature of fluctuations like crypto.
Like bitcoin is of interest to me, because basically when it comes to security, then bitcoin will also be safe if you store it properly and under your own control, but indeed assets from bitcoin and Eth or other crypto have the nature of price fluctuations that refer to certain trends .
However, it is up to each individual to make decisions and see opportunities.
hero member
Activity: 1316
Merit: 593
August 26, 2023, 11:50:55 AM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Cryptos always have higher price swings than gold and silver.  However, gold and silver can be a strong investment, but crypto has many risks. but it is not possible to achieve anything good in life without taking risks. but instead of investing in one thing only, you have to invest in different things at percentage rate, in case of loss in one, the other will recover it. It can be a good strategy of investment and in this case risk can be less
hero member
Activity: 2184
Merit: 718
August 26, 2023, 09:36:02 AM
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.
Everyone will choose an investment according to what they need or for the specific needs they want, for example, like gold, which is already more suitable for investment in maintaining value. Because Gold has been proven to be able to increase little by little so it doesn't cause a loss of the amount of money used when buying it, the same goes for when Gold experiences a decrease in price. Where it happens little by little in a very long time so that the value will tend to settle and not fluctuate.

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On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.
Most people only buy gold when they don't want to involve themselves with very high risks, because gold is indeed very suitable for storing a number of asset values for a longer time. But for the level of profit, I don't think there will be a lot of size because Gold hasn't experienced a big increase for a short time, so some people still want to choose crypto to reap profits without feeling afraid of any risks. Even though they already have Gold as a store of value investment in their life.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
August 26, 2023, 07:22:17 AM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...

Are you sure there is no difference when comparing both gold, silver and bitcoin? Can gold and silver generate huge returns like bitcoin? Do they both give you privacy or give you full control over your assets?...There are a lot of differences when comparing these two investments. There are many differences when compared, even they are not suitable to compare with each other but because they are the most valuable assets, people always like to compare to find the winner.
hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
August 26, 2023, 07:06:45 AM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.

On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.
legendary
Activity: 2184
Merit: 1131
August 25, 2023, 09:59:12 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 25, 2023, 09:55:43 PM
I concur Cheesy   silver is industrial for example  this is my main take away from considering this market.  It can be the best performance of all three by far, but its heavily reliant on that industrial demand.  I have high hopes for silver still as it is related to Solar panels and this tech has developed greatly and is favored for usage by almost every country its only the cost of building and some connection to the grid that impedes further usage of solar.   Massive advances in that technology since the 1970's, many orders of magnitude more efficient.
  Silver can also be a monetary metal, its multi purpose but for now I think industrial and its supply is alongside lead and also gold, commonly a company will mine both.  Gold is seen as monetary but we know jewelry also and again gold does have usage for industry as an element sometimes nothing else can do the job just as well.   So yea they are all unique, I have some holding in all 3 though I might be most biased to crypto as I think digital is the most adaptable and fast growing tech hence crypto too has great prospects within that.   
  Im bullish on tech generally for the reasoning its so pervasive in countries which otherwise are not fully capitalist, many countries are greatly protected with border controls on the free flow of goods.   Biggest example would be the EU for example which wont allow free trade across its outer borders only within its member states; my theory is tech passes through these borders like modern day osmosis its able to find a way for people to do business.

I agree with you. All of them have great pros and of course, have underlying cons. I have never invested in Silver but I did hear that the drive and standing for profit heavily relies on industrial demand. Gold, on the other hand, is always a good investment as long as you know how to handle the investment properly and the right timing for it. As for crypto, which I also am pretty bias too, is just the easiest and more accesible investment for me.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
August 25, 2023, 07:59:28 PM
I concur Cheesy   silver is industrial for example  this is my main take away from considering this market.  It can be the best performance of all three by far, but its heavily reliant on that industrial demand.  I have high hopes for silver still as it is related to Solar panels and this tech has developed greatly and is favored for usage by almost every country its only the cost of building and some connection to the grid that impedes further usage of solar.   Massive advances in that technology since the 1970's, many orders of magnitude more efficient.
  Silver can also be a monetary metal, its multi purpose but for now I think industrial and its supply is alongside lead and also gold, commonly a company will mine both.  Gold is seen as monetary but we know jewelry also and again gold does have usage for industry as an element sometimes nothing else can do the job just as well.   So yea they are all unique, I have some holding in all 3 though I might be most biased to crypto as I think digital is the most adaptable and fast growing tech hence crypto too has great prospects within that.   
  Im bullish on tech generally for the reasoning its so pervasive in countries which otherwise are not fully capitalist, many countries are greatly protected with border controls on the free flow of goods.   Biggest example would be the EU for example which wont allow free trade across its outer borders only within its member states; my theory is tech passes through these borders like modern day osmosis its able to find a way for people to do business.
legendary
Activity: 2842
Merit: 1253
Cashback 15%
August 25, 2023, 06:50:22 PM
In investment, the more diversified our investment is the better it secures us from going bankrupt.  Since there are more markets we have ventured into, the chance of losing all the investment becomes smaller.

So I wouldn't mind investing in these three ventures since they have different markets, There will be a chance for me to profit if one market is not doing well since the other two markets may probably be performing well.

I don't get it when people compare different kinds of investment.  They have different audience targets and have different market performances.  They do not compete against each other and both have their own community that supports their market.  So choosing those three if the capital can allow is I think the best thing to do.
hero member
Activity: 2548
Merit: 533
August 25, 2023, 05:52:23 PM
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.

Every one had their own opinion in the way of holding their assets.Because they had earned this money and have a potential to make their asset based on their opinion.At the ancient time,the gold was preferred one by the people and later to hold lesser shares they used Silver.Now after the invention of crypto currency,most of the people ready to hold in crypto currency.The main reason for holding in crypto currency is the profit time period for crypto currency will be low as compared to gold and silver.

Exactly! it's absolutely just self preference and their belief of which one has more value not just today but n te future. For some, they belive that crypto will be gone in the future. Those are the once who invest in gold and silver instead. For other, bitcoin is the future, so they even use their savings just to accumulate cryptocurrency. Is there anything wrng with that? None.

The most important is both parties are trying to wants to make generatinal wealth by investing in an asset that they believe in.
Yes, it all depends on their past experience. Some could've experienced good profit out of gold and some were taught mentioning gold s the safe haven. Thats the traditional following and now the preference among the young generations were to have diversified investment. Most of them does it and the importance can be seen on the volume. Some prefer to have bitcoin in higher volume against gold and silver. Some take decision in the opposite way based on what they've understood about technology.

This is true, when you invest in something and it is effective, you see it as safe, which is why many over the years have seen gold or silver as a good choice, even much more than the traditional currency that is issued in each country as unique, for the simple reason of staying safe and having to defend themselves when a devaluation occurs due to inflation, anywhere in the world it is known that saving in fiduciary assets is a long-term loss , and I say this despite the fact that everyone chooses how to take care of their capital, it is a fact that everyone in general is aware that it would be a sure loss ... now with bitcoin it is different, this is a new asset, something very different To what we know, if you have to choose between these three, gold, silver or bitcoins, I suppose that most people would probably choose gold, since it scares them new, but if they dare to use it, and study it, they will realize Keep in mind that this innovation is also worth considering as effective… Personally, I would choose both, silver is not one of my favorites to be honest…

If you do have the funds or money then why would limit out yourself on investing on a single point if you could really be having that multiple ones? Somehow its true that not all people does have that kind of financial capacity or capability on doing something like this on which you would really be making yourself that considering on going with multiple options. For those people who do really have that sufficient amount for a single investment then it would really be on your choice on which one you would really be choosing since we could really be making out that kind of research on the time that
we would really be tending to make an investment whether on Gold, Silver or Bitcoin or crypto as a whole but we cant really be able to deny that crypto investment is really that something that could
really be able to bring out that huge potential income or profits on the time that you did well on making that kind of entry or buy on low position and the the market price rose up then we do know that
crypto gains is really something that in gap or different comparing into those metals and other traditional stocks or forex and this is what makes different and been chosen by most people i should say.
hero member
Activity: 980
Merit: 519
fillippone - Winner contest Pizza 2022
August 25, 2023, 04:52:20 PM
If we have a lot of money, of course, dividing money into 3 types of investments is a good solution, but if we don't have a lot of money then speculation by investing in cryptocurrencies is a more promising thing than buying gold or silver, especially since the current price conditions are cheap so be a good reason to buy more.
It is a good move if we out our money in different baskets but we need to watch our money if not we may lose it which is the reason why we need to our money where we can see our money grow without having any issues. We don't need to our money where we can't control it or where we can't have access to it that is why I see cryptocurrency as an investment where we can keep our eyes on different coins we are holding and sell whenever we want to sell or buy more. Trading Bitcoin and Gold is a good investment.
full member
Activity: 618
Merit: 140
August 25, 2023, 03:44:36 PM
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.

Every one had their own opinion in the way of holding their assets.Because they had earned this money and have a potential to make their asset based on their opinion.At the ancient time,the gold was preferred one by the people and later to hold lesser shares they used Silver.Now after the invention of crypto currency,most of the people ready to hold in crypto currency.The main reason for holding in crypto currency is the profit time period for crypto currency will be low as compared to gold and silver.

Exactly! it's absolutely just self preference and their belief of which one has more value not just today but n te future. For some, they belive that crypto will be gone in the future. Those are the once who invest in gold and silver instead. For other, bitcoin is the future, so they even use their savings just to accumulate cryptocurrency. Is there anything wrng with that? None.

The most important is both parties are trying to wants to make generatinal wealth by investing in an asset that they believe in.
Yes, it all depends on their past experience. Some could've experienced good profit out of gold and some were taught mentioning gold s the safe haven. Thats the traditional following and now the preference among the young generations were to have diversified investment. Most of them does it and the importance can be seen on the volume. Some prefer to have bitcoin in higher volume against gold and silver. Some take decision in the opposite way based on what they've understood about technology.

This is true, when you invest in something and it is effective, you see it as safe, which is why many over the years have seen gold or silver as a good choice, even much more than the traditional currency that is issued in each country as unique, for the simple reason of staying safe and having to defend themselves when a devaluation occurs due to inflation, anywhere in the world it is known that saving in fiduciary assets is a long-term loss , and I say this despite the fact that everyone chooses how to take care of their capital, it is a fact that everyone in general is aware that it would be a sure loss ... now with bitcoin it is different, this is a new asset, something very different To what we know, if you have to choose between these three, gold, silver or bitcoins, I suppose that most people would probably choose gold, since it scares them new, but if they dare to use it, and study it, they will realize Keep in mind that this innovation is also worth considering as effective… Personally, I would choose both, silver is not one of my favorites to be honest…
hero member
Activity: 1358
Merit: 538
paper money is going away
August 25, 2023, 02:56:43 PM
All three have their merits; gold and silver possess robust intrinsic value, and these metals have been trusted since time immemorial, their worth proven to withstand inflation. I personally prefer to view gold and silver as safeguards in times of economic crisis.

As for cryptocurrency, it carries a high-risk, high-reward nature, where heightened risks hold the potential for substantial gains. Yet, there's no 100% assurance of success in the crypto realm. None among us can predict what lies ahead for our crypto assets—whether they'll crumble or soar to the moon.

Broadly, both the older and younger generations tend to favor gold on a global scale. And I still concur, albeit acknowledging its limitations. Bitcoin, too, warrants possession due to its grander potential; I won't miss the Bitcoin train to the moon.
sr. member
Activity: 490
Merit: 302
August 25, 2023, 01:50:05 PM
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.

Every one had their own opinion in the way of holding their assets.Because they had earned this money and have a potential to make their asset based on their opinion.At the ancient time,the gold was preferred one by the people and later to hold lesser shares they used Silver.Now after the invention of crypto currency,most of the people ready to hold in crypto currency.The main reason for holding in crypto currency is the profit time period for crypto currency will be low as compared to gold and silver.
Agree with you, everyone has their own opinion about how to save their wealth. For me Bitcoin is better in terms of storing treasures than gold or silver. Since it is unacceptable for gold to reinforce fiat currency in every country, at some point, for the sake of credibility, countries have to be transparent with their gold reserves (we need to know how much gold reserves there are in the world). Given what we're currently seeing, this is unlikely to happen. Just imagine the benefits countries receive when they manage to project the illusion of huge gold reserves (although this is most likely not the case).

Bitcoin came to fix everything. We know how much there is and how much there will be (maximum) and how much new supply is created. Gold is too opaque (in quantity and composition). So in conclusion bitcoin investment is more profitable to achieve maximum profits in the future.
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