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Topic: Gold , Silver Or Crypto? - page 4. (Read 1536 times)

legendary
Activity: 2618
Merit: 1181
May 06, 2022, 03:14:28 PM
For me, I'd rather invest in Gold and Silver, because, Gold and Silver increase in value every year.
Crypto doesn't have a backend only trust. there is a high risk in investing in crypto compared to Gold and Silver
Gold and silver carry relatively little risk compared to crypto investments, so they are a good investment option for those who do not like to be involved with the high risks of crypto investments. I have gold as a "not much" investment, and it gives me good returns. But I never neglect crypto investments even if they are in relatively smaller amounts compared to gold.

Gold and silver prices also fluctuate, but maybe not as high as crypto. Well here you will determine which one is the most suitable for you to invest between gold, silver and crypto.
sr. member
Activity: 2002
Merit: 250
May 06, 2022, 12:31:49 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

For me, I'd rather invest in Gold and Silver, because, Gold and Silver increase in value every year.
Crypto doesn't have a backend only trust. there is a high risk in investing in crypto compared to Gold and Silver
Talking about risk, I think all investments have risks, be it stocks, gold or crypto,
so what we can do is manage that risk, the goal is of course to minimize it,
everyone has his own choice and it also depends on knowledge and skills
sr. member
Activity: 2268
Merit: 275
May 06, 2022, 12:26:43 PM
I personally can't say which one is better, because all of them have their own advantages and disadvantages, moreover I also invest in gold, silver and crypto. This depends on our individual tastes, if we prefer gold then invest in gold, and so does silver and crypto, all of which offer advantages. If there are those who argue that investing in gold is better, and vice versa it goes back to each of us.
member
Activity: 198
Merit: 10
COMBO Network ex COCOS-BCX
May 06, 2022, 12:12:11 PM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

For me, I'd rather invest in Gold and Silver, because, Gold and Silver increase in value every year.
Crypto doesn't have a backend only trust. there is a high risk in investing in crypto compared to Gold and 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.
full member
Activity: 504
Merit: 101
May 06, 2022, 11:26:09 AM
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

For me, I'd rather invest in Gold and Silver, because, Gold and Silver increase in value every year.
Crypto doesn't have a backend only trust. there is a high risk in investing in crypto compared to Gold and Silver
member
Activity: 518
Merit: 14
I know Who I AM
May 06, 2022, 10:17:40 AM
This debate does on forever as every expert has it own thought about investment plan.
Well if you already working on something and have a full time job then the best option to multiply your assets is to go for something passively witch can be more profitable in coming future and there are many ways to do it.
If you compare Gold, Silver and Crypto for future investment then its not bad to choice either of them.
Gold is always the major part of any human civilization and will go on due to its uniqueness. And from the recent survey I came to know that the major known gold mines around the world soon be ran out gold too. So its value could potential grow even more.
Silver is doing great as its demand is always high.
For the crypto, It is still in debate as the market is quite unstable of it. But one thing is confirm that crypto base payment system will go on. So the choice is yours but choose carefully for investments.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 06, 2022, 08:50:25 AM
It's the reason that stop others to invest in bitcoin.

It's not tangible unlike gold and silver, they can have it and keep it anywhere they want. But they have to understand that we're in the modern days, things are becoming digitally owned.

And amongst them all, bitcoin is the great asset to have digitally. No need to compare for these precious metals and that's our preference to choose bitcoin over these two.

Bitcoin is also tangible since people can print a paper wallet which contains the private key or seed to access it anytime, anywhere. Not only that, but there are also physical coins loaded with Bitcoin on them. Carrying one of these with you is no different than carrying physical Gold or Silver bullion.

Now that the Blockchain is becoming extremely popular, Gold is being "digitized" in order to provide people with better portability and divisibility. A token like Paxos Gold enables you to carry Gold with you in a digital manner across borders. It's the best of both worlds, if you ask me. While precious metals and crypto are completely different things, we cannot deny the fact that Bitcoin has outperformed every other asset/commodity on Earth. Investing more into Bitcoin than Gold or Silver makes sense based on its previous market performance. With inflation on the rise, who would ignore these assets in the first place? Just my opinion Smiley
full member
Activity: 1176
Merit: 140
May 05, 2022, 03:58:05 PM
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.
That was before when money is not yet invented but ever since money came and become the main chose choice for trades (buying goods) it have now become the main thing to measure one's wealth. Gold still co exists with that along with other investment asset that a person holds.

You must be specific if what crypto you mean can produce big profit in a short amount of time because there are also cryptos that are on the stable side and only pumps after a long time, although you should understand the risk is high the more you wanted to earn quicker profits because you will likely end up picking up shitcoins and meme coins or pump and dump coin in general.
newbie
Activity: 66
Merit: 0
May 05, 2022, 02:34:50 PM
Hello!
I have also heard about this issue! Thanks for such valuable information! It has really helped me to solve the problem!
Who thinks that crypto is better?
legendary
Activity: 2856
Merit: 1519
May 05, 2022, 02:01:55 PM
between the two have weaknesses and advantages in some views but in fact for novice investors who want to avoid high risk, then gold investment can be the right choice while crypto offers high returns / high returns so high risk
Gold is more or less safe if bought at low prices, which many of the older generation have been doing over the last few decades in many less developed countries. The good thing about this is the gradual and steady saving of money to avoid over-spending that money on things that they might not need. To them crypto is something new and truely it might not yet been in a green legal light there. So it is diligent of them to focus on things their government does not frown upon.

Also bitcoin is more or less within the 15% volatility range when trading every year. So it is also safe if you know what you are doing and not buying when the prices are high.

15% volatility is still significant. It's not particularly safe even if you can truly predict the market because of the inherent risk involved. If there's mass adoption one can reasonably expect the volatility swings to decrease, but until we get there, it's one of the major challenges crypto currency faces. I don't think people can adopt crytpo currency with the expectation they must predict the market in order to protect their purchasing power.
legendary
Activity: 3276
Merit: 2442
May 05, 2022, 01:35:45 PM
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.

When you invest in gold, you should prepare yourself to hold it forever. That's how gold investments work. Your children or maybe your grand-children will benefit from your gold investments. Not you. Gold is not a long term investment, it is a super-long term investment. Talking about centuries here.

If you can't stomach a time frame like this, then stocks/crypto is a better choice for you.
member
Activity: 336
Merit: 41
May 05, 2022, 12:47:43 PM
Precious metals are a very good assets for investment as it appreciate increasingly more than it depreciation rate. Wether cryptocurrency or precious metals they're both a very good means of investment it just about choice on the part of the investor on which to invest on.

Although they both have their different risks and a needed level of patience for profit making.
But many persons prefer using gold or silver as a store of value for retaining their wealth.

Moreso, every financial advisor shouldn't forget to advise their clients about (housing) estate investment too. As It's another lucrative investment with a handsome profit returns. Once erected you just sit back and watch your profit coming in from rentage be it on monthly or yearly basis for years to come.

Donald Trump can relate better Grin .


sr. member
Activity: 616
Merit: 252
May 05, 2022, 10:38:06 AM
between the two have weaknesses and advantages in some views but in fact for novice investors who want to avoid high risk, then gold investment can be the right choice while crypto offers high returns / high returns so high risk
gold, silver and crypto, indeed have their own advantages and disadvantages, if we invest in gold, of course there will be no significant risk, as well as silver, but the profits we get are not much, but if we invest in crypto, the risk is definitely very high. high, but the benefits we get are balanced with the risks we accept, usually the risk is close to sustenance.
full member
Activity: 1526
Merit: 111
Pepemo.vip
May 05, 2022, 10:22:43 AM
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 three
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 05, 2022, 04:02:11 AM
Very volatile but I like it as it's always making the patient folks the winners.
Crypto (particularly Bitcoin) is profitable for long term, but not everyone can bear holding it for long period because of the roller coaster ride of the price. Plus it has no physical features thats why some investors prefer silver or gold wherein you can use it as accessories even the value is moving slowly. Crypto is meant for investors who can wait patiently and not for investors who have a weak hands. Bitcoin and Gold are the best option.
It's the reason that stop others to invest in bitcoin.

It's not tangible unlike gold and silver, they can have it and keep it anywhere they want. But they have to understand that we're in the modern days, things are becoming digitally owned.

And amongst them all, bitcoin is the great asset to have digitally. No need to compare for these precious metals and that's our preference to choose bitcoin over these two.
sr. member
Activity: 1722
Merit: 252
May 05, 2022, 02:41:14 AM
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.
full member
Activity: 1484
Merit: 101
May 05, 2022, 02:15:59 AM
If I have more than $10 million then i will use 75% for gold and the rest for cryptocurrencies, there is no denying that gold is the most profitable and safe investment compared to others, and it has been proven that gold is the type of investment that has been used since thousands of years ago.
hero member
Activity: 3024
Merit: 629
May 04, 2022, 10:36:01 PM
Very volatile but I like it as it's always making the patient folks the winners.
Crypto (particularly Bitcoin) is profitable for long term, but not everyone can bear holding it for long period because of the roller coaster ride of the price. Plus it has no physical features thats why some investors prefer silver or gold wherein you can use it as accessories even the value is moving slowly. Crypto is meant for investors who can wait patiently and not for investors who have a weak hands. Bitcoin and Gold are the best option.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
May 04, 2022, 05:49:57 PM
Gold when you want to retain your wealth and are only interested in battling inflation.
Silver is a little more risky. I'd say why buy silver if you can have gold? Maybe it has more potential, but there's also less industrial need for it. If you're considering silver, you can as well buy copper or brass. They both doubled since 2020.

Bitcoin is the one that will allow you to make money and the risk is not that high with it. I'd say that investing in startups carries much more risk and yet people keep doing it.
Yes, gold helps in fighting inflation. When the user looks for diversified investment, then add silver to the list. In recent days the interest among common people to invest over metals have increased. This is all because of the rare availability of metals. Cryptocurrency investment is risky, but that can be easily overcome by holding. If there is good growth in the market need to sell it, else just hold. This lowers the investment risks.
legendary
Activity: 2814
Merit: 1192
May 04, 2022, 05:38:40 PM
Gold when you want to retain your wealth and are only interested in battling inflation.
Silver is a little more risky. I'd say why buy silver if you can have gold? Maybe it has more potential, but there's also less industrial need for it. If you're considering silver, you can as well buy copper or brass. They both doubled since 2020.

Bitcoin is the one that will allow you to make money and the risk is not that high with it. I'd say that investing in startups carries much more risk and yet people keep doing it.
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