Gold , Silver Or Crypto? - page 12. | Bitcointalksearch.org

wxa7115

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Bitcoin is GOD

Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

It depends, gold can be a good investment but the time it needs to be held is measured not in years but in decades, if you can wait that long, you can take physical delivery of your gold, you can keep it safe and you can verify you are buying real gold then gold is a good investment.

But if you cannot do one of those things then you need to think about different alternatives, and without a doubt bitcoin is one of the best assets you can buy right now so you can protect your wealth during the next years.

mindrust

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Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Any of them may come in handy in different situations. Silver takes more space but it is at its all time lows against gold so if you have room space, you can buy silver. Crypto has no physical form but choosing the right one is quite tricky.

You can always have all three. It is not either this or that. Buy some gold, some silver and some crypto.

wheelz1200

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Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Why not all of them? I know people will bring up stats of what has done better but there should be room in your portfolio for all of them. Diversify is king for capital retention. It should
never be which one but more a what percentage of your portfolio is each.

Smartvirus

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Before I get to say whateve, I'll like to point out that there is always a risk factor in every investment one wants to go into. With that being said, I'll like to point out one fact:

* In the light of making profit, evolving feilds always promises more than an already stabilised field. In essence, cryptocurrencies (Bitcoin) offers more than gold and silver which are already stabilised to some extent. Same applies in the risk factor too.
* When we look at relatively stable fields like Gold and Silver, your growth is sure to come but rather slowly although much safer.

I am a bitcoin patriot and as such, I would go for bitcoin over any of those listed commodities. Simply because I believe in it but still, I've got to keep my investments to what I could afford to loose.

Fortify

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Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Who are these magical advisers? Because there are a million others probably saying that stocks and bonds might be better. Or platinum, or palladium, or fine wine, or artwork. Diversification is the best thing for anybodies financial health and you should definitely not limit yourself to only the original 3 options. For starters, gold and silver are usually roughly correlated, so if there was a collapse in price tomorrow they will likely both fall and that's not a very helpful investment. People generally stick with the stock market, if only through pensions, because it is driven forward by productive companies generating cash and that cash is either reinvested or distributed to shareholders, it has been returning something like 7-8%|+ per year on average for the last couple decades.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: Freeesta on April 10, 2022, 01:12:33 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.

Why only gold when there are assets like bitcoin? Gold is a store of value but bitcoin is a store of value and the value will also passively increase if hold for long. The amount of goods that gold can buy in the last 10 years is almost the same amount gold can buy this year, just little difference would be there. But what certain amount of what bitcoin can buy in the last 5 years, the same amount of bitcoin can buy 10 times more of the goods this year. I will prefer bitcoin.

Haunebu

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It all comes down to risk management at the end of the day. If you are focusing on low-medium risk options that could potentially increase your investment by a small-medium margin, I suggest investing in Gold or Silver.

On the other hand, if you are focusing on medium-high risk options that could potentially increase your investment by a medium-high margin, I suggest investing in BTC and other popular cryptocurrencies.

I am not a financial advisor obviously and these are just my personal thoughts. Do your own research thoroughly before investing op.

Flexystar

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Quote from: Stalker22 on April 10, 2022, 12:46:18 PM

Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are most commonly referred to as precious metals, so there is no need to label them in binary as "gold" and "silver" because the price movements of both assets are mostly correlated.

Very well explained. Right to the point. Truly it’s worthless to compare these three together. If op really want to compare then just compare it with fiat because that is the closet type of asset which we see into bitcoin. There are still many people who do not consider bitcoin as current and neither many consider it as asset. The thing is vice versa is another dimensional truth.

This is why many times people compare bitcoin with gold as store value or something like an asset for long keeping. But hodling Bitcoin is another chapter in crypto space which is purely based on its limited supply etc.

So gold is gold, it’s physical, lucid, and people Love to wear it.

Freeesta

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#SWGT PRE-SALE IS LIVE

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.

Stalker22

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Quote from: ariinv on April 10, 2022, 10:51:09 AM

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are most commonly referred to as precious metals, so there is no need to label them in binary as "gold" and "silver" because the price movements of both assets are mostly correlated.

This chart compares gold prices and silver prices back to 2012.

Gold Prices vs Silver Prices Historical Chart

When it comes to investment portfolios, most advisors would tell you that a portfolio should have a mix of traditional, risk-managed and alternative investments. This means that if you are invested in stocks, bonds, real estate and commodities, your portfolio should include assets such as Bitcoin to help diversify and to ensure you are not over exposed to a single asset class. If you are investing for the long-term and are risk tolerant, you would want to put 10 to 20 percent of your investments into Bitcoin and maybe other cryptocurrencies as well. Although it may sound risky to own an asset class that has significant price volatility and can even be speculative, but this is not something to ignore. It is important to diversify your assets, and Bitcoin may be just the asset you should diversify into.

ariinv

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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Topic: Gold , Silver Or Crypto? - page 12. (Read 1535 times)