Pages:
Author

Topic: Gold , Silver Or Crypto? - page 10. (Read 1433 times)

full member
Activity: 1204
Merit: 102
April 12, 2022, 01:31:35 AM
#52
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold is an investment with low risk but has a low ROI. but it's good for dealing with inflation and it's proven. crypto is different, this investment has a big risk, but with a very high ROI. we can see bitcoin, shiba inu, solana, ethereum, BNB go up very high in just a few months. but this is worth the risk, as now bitcoin falls you will experience a large enough loss. but both are indeed worthy of being used as long-term investments, depending on how you choose the risk.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
April 12, 2022, 12:56:27 AM
#51

 In my nation, since we have a very very high inflation, all of them have been a good investment. I can't say much about nations that have decent rate on inflation and no idea how much it is in dollars (if it went up or not) but I know for a fact that gold is a great store of value as well for my nation. However, its not very easy to buy it and securely store it. I would feel bad about keeping it in my house for example, and that is where crypto comes in. Unless you put it somewhere that could be hacked, a place like Binance or a ledger nano is a great place to put your crypto and shouldn't be a big problem.
gold still recognized as inflation hedge assets at this moment if compare with bitcoin or other cryptocurrency due its volatility. although actually bitcoin has better supply amount , it should be better in rarerity than gold. but due too many fud come to cryptocurrency bitcoin goal as number safest assets could not achieved. stealing assets will happen in many market with different ways, robbering or attacking system now be the new methode, and we should becarefull with this variety.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
April 11, 2022, 05:59:21 PM
#50
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
My opinion is we should put out fund in what works best for us just like a trader that is used to trading gold will find it easier to buy and sell gold with good strategies that works for them than leaving what you know best and jumping in something you are not skilled in just because of hype or what you heard about them. If trading and investing in cryptocurrency works for you, then you need to hold on to that and if others like Gold, Silver investment works for you, then go on with that.
hero member
Activity: 2926
Merit: 722
April 11, 2022, 03:17:11 PM
#49
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products. Smiley
He is not sure, that's why he creates this thread and ask us about this matter. We can't deny that cryptos are good investment because all of us that are here in the forum have an interest with it or already have some crypto on our wallet but for gold and cryptos I guess not all have a knowledge about these two.

In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?
Gold is always been a good investment before crypto market had existed and now that crypto is here then it is also a good investment option or choices.So it wont really be that a problem on finding out investment

if you do have money to spend or invest on.Diversify as much as you could because this is much better rather than on going all in on a single investment but of course this is something not possible for everyone
because we do have different financial capabilities which neither might give us the opportunity or would just simply be missing out for we dont have some funds to be allocated.

If you do have money then go ahead but of course you should be mindful about the risk behind or involved.
hero member
Activity: 1974
Merit: 575
April 11, 2022, 02:57:20 PM
#48

 In my nation, since we have a very very high inflation, all of them have been a good investment. I can't say much about nations that have decent rate on inflation and no idea how much it is in dollars (if it went up or not) but I know for a fact that gold is a great store of value as well for my nation. However, its not very easy to buy it and securely store it. I would feel bad about keeping it in my house for example, and that is where crypto comes in. Unless you put it somewhere that could be hacked, a place like Binance or a ledger nano is a great place to put your crypto and shouldn't be a big problem.
legendary
Activity: 2996
Merit: 1053
Leading Crypto Sports Betting & Casino Platform
April 11, 2022, 02:27:15 PM
#47
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Not the others I will say and suggest only gold as the best investment if there is multiple options . However, the suggestion will be just to get the best security of money. The value of gold has remained intact since ancient times. If you invest here, at least you don't have to worry about security. On the other hand, cryptocurrency has the potential to be as profitable as it is likely to be destitute at once. Gold will be the first in terms of security.

Good point and you also provide potential where crypto got the good chance of multiplying in many folds, security or in terms of volatility, if you a type of conservative investor gold serves as a good investment to save your money, a small run either pump or dump won't hurt your investment that much, unlike with crypto,

the risk is too high but the benefits in case you made the right time to invest inside are clearly high as well.

There are many successful traders and investors who ride along using crypto,
they made a lot of money from each trades that they've made.
sr. member
Activity: 1596
Merit: 299
April 11, 2022, 02:14:25 PM
#46
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products. Smiley
He is not sure, that's why he creates this thread and ask us about this matter. We can't deny that cryptos are good investment because all of us that are here in the forum have an interest with it or already have some crypto on our wallet but for gold and cryptos I guess not all have a knowledge about these two.

In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?
sr. member
Activity: 2366
Merit: 448
April 11, 2022, 01:58:33 PM
#45
In my opinion, it all depends on the investment objective, whether to maintain value or increase the value of the investment because different objectives have different strategies.
Gold is suitable for hedging including silver because its price is relatively stable and it is difficult to increase the value of investments, and cryptocurrencies, especially bitcoin, can increase the value of our investments even in a short time.
Bitcoin can increase investment with great returns and also has great risk too, but in the long run bitcoin is much better, safer and more profitable than other investments.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
April 11, 2022, 01:22:01 PM
#44
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.
You have a point about gold cause it has been used as money (before the creation of fiat currency) thousands of years ago cause it is somehow stable in price than cryptocurrency but you seem not to understand the difference between investment and saving when you said you'll invest small part in crypto and main part in gold.

I think gold, silver and crypto have their respective advantages and all three are very good investments in this decade. There is nothing wrong with investing in crypto so far, where in the eyes of the world bitcoin has entered the latest legend in the world's legal payment process and this will be the best investment going forward.
hero member
Activity: 2646
Merit: 651
Want top-notch marketing for your project, Hire me
April 11, 2022, 11:58:52 AM
#43
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.
You have a point about gold cause it has been used as money (before the creation of fiat currency) thousands of years ago cause it is somehow stable in price than cryptocurrency but you seem not to understand the difference between investment and saving when you said you'll invest small part in crypto and main part in gold.
sr. member
Activity: 1036
Merit: 279
April 11, 2022, 11:37:57 AM
#42
Precious metals are definitely a conservative investment. I don't own them but apparently the price increase is not that much. Only good thing about them is people BELIEVE they have value and with how things are going would probably trust them more over the dollar. If you want profits go for crypto.

I don’t think gold is a good long term investment. Especially at $2000. Even if you bought it years ago at $1200 you would barely make anything.

From what I read the gold price is highly manipulated and there is more gold traded in the future markets than actually exists so basically there are entities which keep the price at a certain level. Same with silver but to a small degree.

Out of the three crypto obviously seems like the smarter play.

Do you think it'll make any difference to the price of gold if some countries start going back to a gold standard?
hero member
Activity: 882
Merit: 773
Find your Digital Services at- cryptolibrary.pro
April 11, 2022, 11:29:50 AM
#41
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Not the others I will say and suggest only gold as the best investment if there is multiple options . However, the suggestion will be just to get the best security of money. The value of gold has remained intact since ancient times. If you invest here, at least you don't have to worry about security. On the other hand, cryptocurrency has the potential to be as profitable as it is likely to be destitute at once. Gold will be the first in terms of security.
member
Activity: 840
Merit: 23
April 11, 2022, 11:21:02 AM
#40
All are good investment options at the moment. But crypto is more riskier but it still has it's own benefits. Gold and silver gives you a guaranteed return but you get regulated for every profit made. Forced taxation, companies percentage and others but crypto gives every man entitlement to their wallets.
sr. member
Activity: 1358
Merit: 253
April 11, 2022, 11:14:06 AM
#39
Since 2010 not yet 2016 I have been active to invest gold until I have collected about 220 grams, unfortunately the price of gold is too slow so I sell all the gold I have. I think crypto is a very promising investment because the profit opportunity is up to hundreds of percent within a year or even less, but the most important thing is to be able to control your emotions so you don't panic when prices drop.
full member
Activity: 1190
Merit: 126
★Bitvest.io★ Play Plinko or Invest!
April 11, 2022, 10:39:15 AM
#38
I think gold and silver are good for investment but crypto is the best investment that will make your profits to increase higher in the community. During the pandemic that caused gold and silver to lose value which was giving bitcoin investors an opportunity to make more money through out the pandemic. Those that invested all their money on gold and silver few years ago, are finding it difficult to earn well in their investment because the price of gold and silver is not encouraging yet than to hold till the price improve higher before they can sell to make a good profit.
hero member
Activity: 1862
Merit: 830
April 11, 2022, 10:13:55 AM
#37
Gold :
- Need high amount of initial investment
- You cannot sell it whenever you want you might have to follow the rules as set by the government
- you cannot earn passive income using it
- volatility is not as defined
- The return value won't be the same if you go sell any physical gold as well

I do think that for me cryptocurrencies are the choice of investment since they :
- Do not require any minimum amount for the investment
- they are super easy to use and everything can be done on your mobile
- volatility is always a + point if you know how to use it
- you have a lot of trading opportunities
- it's not controlled by the government at all!!!
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
April 11, 2022, 09:56:21 AM
#36
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products. Smiley 
legendary
Activity: 2898
Merit: 1253
Call your grandparents and tell them you love them
April 11, 2022, 09:43:25 AM
#35
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
If you got financial advisors and you are asking on an internet forum, its like asking for medical advice on facebook comments after a specialist has already seen you. Roll Eyes

My suggestion is that if you trust your advisors go with what they have suggested. If you want to do more research on this topic, then you have to hold on and learn to observe charts and patterns before going in.

Of course for the long term, all three are good. Gold and Silver area already well established on their liquidity and long term value. The small problems are only with bitcoin, which I consider as starting hurdles and they will be recovered with time. Diversifying your portfolio is good as long as crypto is limited to only bitcoin and nothing more.

Like others have suggested, real estate and art have also got their demand. So if possible check all the methods possible to invest in before starting.
jr. member
Activity: 140
Merit: 2
April 11, 2022, 09:41:50 AM
#34
In the current situation, I definitely choose gold. I think many have made a conclusion and understand why it is now beneficial.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
April 11, 2022, 04:12:36 AM
#33
Why don't you add to the choices of real estate? If it's included then I'll choose two, I'll dump gold and silver for bitcoin and real estate. That's all that I want.
I'm not a fan of those precious metals but I know that they've got a good value but they've been moving too slow and I don't like that. Whilst for bitcoin and real estate, I've got the feeling that having these two will make me secure with my investments although some say that real estate is a bubble and bitcoin is a volatile market. Well, there goes with a risk for each investments that we take and I'm willing to take all of those.
Pages:
Jump to: