Topic: Gold , Silver Or Crypto? - page 3. (Read 1506 times)
it is true that these three are the best investments at the moment, but crypto investment cannot be equated with gold or silver investment because investing in crypto has a much higher risk than gold or silver investment. I prefer investments with large returns with a fast timeframe, so I prefer investing in crypto even though it has a very high risk. but that doesn't mean I don't invest in real world or low risk investments because I also invest in low risk investments like gold and land.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
What made you have a second thought? when you can purchase and have them all together instead of choosing , Like take 20% of Gold, 20% of silver and 60% of crypto specially Bitcoin?those are the best strategy that you can take in this scenario because readying in everything will keep you safe for everything you need in your investment and for the safety.
Today the market continues to be corrected and this is the importance of we have to divide the portion of investment, in the history of life we have never heard the price of gold and silver drop by more than 10%, but in a week the price of bitcoin drops more than 40%, of course it is difficult to avoid losses but today be an important lesson for us.
there is no way that we can divide mate now, instead what we can only do now is to Keep the funds and wait for the growth .
Today the market continues to be corrected and this is the importance of we have to divide the portion of investment, in the history of life we have never heard the price of gold and silver drop by more than 10%, but in a week the price of bitcoin drops more than 40%, of course it is difficult to avoid losses but today be an important lesson for us.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
The answer is? How much you can afford to invest , because if you only have limited funds then you can only invest in Single of those choices .But if you happen to have huge funds? then Why not segregate your funds towards all of these?
But gold of course, But Silver of course, Buy diamond of course , But never forget to Buy Bitcoin more than those stones .
And I'm more inclined to the fact that gold is much more stable, unlike cryptocurrencies. Cryptocurrency is like a soap bubble, you can buy, for example, DOGE in general, a currency that consists of hype. After all, many people buy it and the very next day they see how it collapsed. I don't remember a single case of this with gold. I don't consider silver as a precious metal. Sorry ))
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Eversince i start earning money? I kept buying silver and gold for my own security as i dont trust banks .But when i started learning and trusting crytp ? Then i invest most of my money inside .
And still has my silver and gold that i kept long now before i bought my crypto back then.
I started with a bank and never got off the bank until 2019/2020.
in 2020 I started from scratch by studying crypto until now there are many benefits that I get there and indeed most of my investments are in Crypto especially bitcoin for gold this is only an option for me
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Eversince i start earning money? I kept buying silver and gold for my own security as i dont trust banks .But when i started learning and trusting crytp ? Then i invest most of my money inside .
And still has my silver and gold that i kept long now before i bought my crypto back then.
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.
Fiat currencies also have no guarantee. At least not beyond the government's ability to honor them, which is not a certainty. Due to this growing uncertainty in the modern world, gold is reaching new nominal highs with each passing day. Gold, as with any other good money, is its own guarantee; Because its physical composition is a useful commodity that can be sold for something, even if the institution that shaped it into a tradable form no longer exists. This is not the case with fiat currencies because the paper used to make currency doesn't even make decent toilet paper.
Bitcoin is also not supported in a rigid way, which is why it does not qualify as money or even hard currency. But the difference is that the community has confidence in Bitcoin because of its design strengths. If a fatal flaw is ever found in the system, it could destroy Bitcoin as a currency; but the failure of a single government or institution would not do it.
Everyone certainly does not hesitate with Gold which is a measure of wealth and economic stability, but for those who want a big profit in a short time, Crypto is the best solution, as we know that the chances of the Crypto increase can be hundreds of percent per year while the Gold and Silver Record increases never reaching 100% in a year.
after we compare the benefits of each investment field, then we must also take into account the risks. gold and silver have a physical form as jewelry, although the increase is not more than 100%, but both have a small risk, considering that everyone in the world already believes in it. while crypto even though it is possible to experience an increase of more than 100% in a year but the level of risk is higher, so we must be careful in analyzing it. I personally prefer to invest in all threeWhen government is doing horribly, they may end up with getting your gold and selling it and using that money to get out of the financial debt, or maybe they will simply bankrupt but we do not know which one they will do. Hence, why it’s risky.
I'm not an expert at this, but, if I should give my own share contribution to the thread, I'll say that the demand for gold and silver must have reduced, I'm not saying they're not valuable any longer but they have reduced unlike the way it was some years ago.
Gold might still be valuable because they are used to make jewelries,I'm not a big fan of silver, as I would have love talks of diamonds than silver.
As for Cryptocurrencies, everyone has to keep up with the current trend, it is unwise not to be part of this decentralized financial freedom as government and bank's are the main scammer's, they make good use of your savings and get enough profits from them.
Also it's unwise to to keep your coins in an exchange, too many people are ignorant as they see people emphasizing on this as an hullabaloo. In Crypto Currencies, buy Bitcoin and hold! for long term purpose, for short term and profit making, alternative coins can come up for you too pick.
So in conclusion, this are all good suggestions, I'll choose both gold and Crypto, also to add a landed property as they will sure appreciate over time in the future! But don't forget to do your own research!
Gold might still be valuable because they are used to make jewelries,I'm not a big fan of silver, as I would have love talks of diamonds than silver.
As for Cryptocurrencies, everyone has to keep up with the current trend, it is unwise not to be part of this decentralized financial freedom as government and bank's are the main scammer's, they make good use of your savings and get enough profits from them.
Also it's unwise to to keep your coins in an exchange, too many people are ignorant as they see people emphasizing on this as an hullabaloo. In Crypto Currencies, buy Bitcoin and hold! for long term purpose, for short term and profit making, alternative coins can come up for you too pick.
So in conclusion, this are all good suggestions, I'll choose both gold and Crypto, also to add a landed property as they will sure appreciate over time in the future! But don't forget to do your own research!
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Eversince i start earning money? I kept buying silver and gold for my own security as i dont trust banks .But when i started learning and trusting crytp ? Then i invest most of my money inside .
And still has my silver and gold that i kept long now before i bought my crypto back then.
I don't have silver, but I do have gold for investments and jewelry. Gold is also a profitable investment with a level of risk that may be lower than bitcoin or other crypto investments. The gains from gold may be worth the risk although not as much as the gains from investing in cryptocurrencies. Gold investing is a good option for those who do not like the high risk involved in crypto investing, although the higher the risk, the higher the possible returns. I have both in my portfolio, it is good and profitable.
To most people I know, they tell me that gold is a great store of value to have.
To most people I know, they tell me that gold is a great store of value to have.
Buy them all, then save your Money for that lol
it may be safe but it is also Bitcoin in which the safer and wildest investing .
There is no denying that gold is the safest type of investment, gold is accepted throughout the world of all time and has always been a measure of the price of all commodities, and I always recommend making gold the first priority of investment, and in my opinion crypto is an investment that can provide great profit opportunities in a short time.
it may be safe but it is also Bitcoin in which the safer and wildest investing .
Bitcoin in your own wallet has the unique benefit that no one is between you and your money.
You could replicate this with gold, but there are many issues with this approach that you won't have if you use Bitcoin instead.
So really Bitcoin is the best option.
You could replicate this with gold, but there are many issues with this approach that you won't have if you use Bitcoin instead.
So really Bitcoin is the best option.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Bitcoin is your money, immune to abuse by governments and banks. The Democratization of Money: Bitcoin is the Currency of Liberation And so came Bitcoin, a permanent thing that men could keep without spoiling, and that men would take by mutual consent in exchange for the really useful but perishable supports of life. For the first time in history, we as individuals have access to tools that allow us to truly possess our own wealth and participate directly in the system that controls it. In 1995, surveying most companies about their internet strategy yielded the same answer as today's questions from organizations about their Bitcoin strategy.
every investment always contains risk, be it gold, silver, or cryptoqurrency. Regarding gold, it is a type of asset that is not affected by inflation, besides that the increase in gold prices is relatively slow. for me gold is more suitable for long-term investment.
Building a diversified portfolio is better then investing all your money in one sector. Gold market is biggest in terms of market cap while crypto is catching up nicely but its far from gold in terms of market cap. Crypto as risk and this risk works in both ways. Its better to invest in both, I would invest 60% in gold (because of its maturity) and 40% in crypto (to take risk).
other things; some people are certainly no stranger to gold, which is known as an investment asset in the form of goods. while crypto is a digital asset that is still rarely known by the public. apart from that, financial management needs to be implemented, research, must be ready to take risks from every decision you have made etc.
Currently I work in an office with a monthly income of around $ 520, a monthly expenditure of around $ 450 and usually the remaining a little money I usually use for hobbies like going to the mountain by cycling with friends, after knowing crypto I will try to invest in crypto because I think it's easier sold from gold or silver.
every investment always contains risk, be it gold, silver, or cryptoqurrency. Regarding gold, it is a type of asset that is not affected by inflation, besides that the increase in gold prices is relatively slow. for me gold is more suitable for long-term investment.
Building a diversified portfolio is better then investing all your money in one sector. Gold market is biggest in terms of market cap while crypto is catching up nicely but its far from gold in terms of market cap. Crypto as risk and this risk works in both ways. Its better to invest in both, I would invest 60% in gold (because of its maturity) and 40% in crypto (to take risk).
For a few years before I knew Crypto, of course I would put Gold in the first position because indeed this is something that is very worthy to have besides that the essence of gold will never disappear which makes me like it but after I know Crypto I will change the main choice me, even though I still keep Gold for now but I also divide my savings into Crypto and Crypto is the main asset that I choose now and gold may be in the second part because this is indeed a smaller risk
There is no denying that gold is the safest type of investment, gold is accepted throughout the world of all time and has always been a measure of the price of all commodities, and I always recommend making gold the first priority of investment, and in my opinion crypto is an investment that can provide great profit opportunities in a short time.
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