Since we know the advantages of investing in bitcoin or any crypto and now NFTs. Thinking of investing in gold or silver is unlikely.
But the people who do not use bitcoin in their investments, what are they investing in?
Although there is a lot of information about bitcoin and the entire crypto market, people lack information on how to invest in crypto, they prefer to have money in hand.
I share an experience from my region. I live in a state where gold is exploited but people only care about selling their gold for US dollars.
Topic: Gold , Silver Or Crypto? - page 6. (Read 1506 times)
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
It's no doubtful that those three are worthy investment for long term. They are with their own profit probabilities and also the risks. Gold and silver have been for long time ago trusted as a very worthy investment, done by many people for years. It may be different with cryptocurrency which is newer and this is also still a debatable among people. But for me, as long as we are investing in the right coin such as BTC, ut's exactly a very worthy investment, too.
Precious metals is definitely more "proven" as an asset class.
However, I think the future is going to be crypto. There is virtually no benefit in holding precious metals over crypto given all of the advantages that it has.
If you are going to be in PMs though I would suggest silver - it is undervalued by historical standards via the gold/silver ratio, it is significantly more industrially useful compared to gold, and has more of a community following it.
However, I think the future is going to be crypto. There is virtually no benefit in holding precious metals over crypto given all of the advantages that it has.
If you are going to be in PMs though I would suggest silver - it is undervalued by historical standards via the gold/silver ratio, it is significantly more industrially useful compared to gold, and has more of a community following it.
I don't think billionaires hold most of their value into gold, so its perfect for middle class and upper middle class so probably few hundred grams maximum which can easily fit into anywhere if you manage to get out of your country at the time of emergency situations. As an investment its not really good but as a storage of value nothing can beat gold until now due to the trust level.
When you want to leave the nation in case of emergency, they take it from you unfortunately 
. I know it sounds horrible but when Ukrainians wanted to leave their nations and go to another nation, the patrol that took them in usually confiscated their possessions and specially their gold.This was a news and even got someone fired, but it did happen. This is why crypto is much better, nobody would need to know where your money is and you could access it anywhere in the world, you do not even have to carry anything with you, everyone has a phone and you could carry it there and even have an account somewhere that you could access from a different phone or a pc.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
the price of gold does grow but very slowly, the same with silver but cryptocurrencies have fluctuating growth, every year is always different, that's what makes investing in cryptocurrencies especially bitcoin very profitable. bitcoin price will continue to grow, it can't be stopped. The increase in gold can reach around 10% per year, of course it is a very profitable and safe thing if we invest in gold, at an expensive price of course not everyone can buy gold, and for me, who has an income of less than $ 1000 per month, I can only leave about $ 200 and I will use it to buy crypto.
Is it really fixed with the 10% increase in percentage, my friend? If you have a reference link, please include it, I want to see the chart and curve for each turn of the year. I'm curious and I will run for more in-depth research. That's interesting friends, one alternative if it is feasible and sufficient assets to maintain asset value funds and securing gold may be almost the same as stable coins when in crypto, right? this is our ancestral way of investing but I find it interesting, are you a 50:50 divider between gold and cryptocurrencies in your portfolio? Sorry, I just want to follow the way you manage and invest well my friendMaybe you can see in this link: https://goldprice.org/, globally, gold prices increase by around 10% per year, gold is indeed the whale's choice for long-term and safest investment, never worried about dumps like cryptocurrencies, but right now I prefer to invest in crypto even though it is risky.
The increase in gold can reach around 10% per year, of course it is a very profitable and safe thing if we invest in gold, at an expensive price of course not everyone can buy gold, and for me, who has an income of less than $ 1000 per month, I can only leave about $ 200 and I will use it to buy crypto.
Is it really fixed with the 10% increase in percentage, my friend? If you have a reference link, please include it, I want to see the chart and curve for each turn of the year. I'm curious and I will run for more in-depth research. That's interesting friends, one alternative if it is feasible and sufficient assets to maintain asset value funds and securing gold may be almost the same as stable coins when in crypto, right? this is our ancestral way of investing but I find it interesting, are you a 50:50 divider between gold and cryptocurrencies in your portfolio? Sorry, I just want to follow the way you manage and invest well my friend
The increase in gold can reach around 10% per year, of course it is a very profitable and safe thing if we invest in gold, at an expensive price of course not everyone can buy gold, and for me, who has an income of less than $ 1000 per month, I can only leave about $ 200 and I will use it to buy crypto.
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth.
If war was to suddenly happen in some place, which I hope never happens again, your bitcoin would become as unusable as the gold. Because to use bitcoin you need a working internet connection and electricity supply. Given that your smartphone has a battery, getting a working internet would be the biggest problem, until your phone battery runs out. Do you think that in a real life war, you would be hunting for internet or trying to save your head from getting blown away? It is called priority of life over money. In such situations only fiat currency can save the day unless we reach a technological nexus at which bitcoin can be spent without having to connect to internet/offline.
I think these statements come more from the current perspective and not the long term view, war is temporary after all. In the big picture, you would want to keep money in all of these, each has its own pros and cons.
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth.
Crypto is both portable and highly-divisible, outpacing Gold by a long shot. There's been a new wave of "tokenized" assets pegged to the value of Gold, bringing the benefits of crypto/Blockchain tech to the world's beloved precious metal. With a token like Paxos Gold, you can virtually take your Gold with you on your hardware wallet wherever you go. It's the best of both worlds if you ask me. It doesn't matter which asset or commodity you invest into as long as you're able to gain more purchasing power over time. As long as you don't put all of your eggs in one basket, you will have nothing to worry about. Just my opinion
The thing that I don't like about investing in gold or silver is that the amount is unlimited even though it's hard to get, while bitcoin has an amount of only 21 million (cannot be added or subtracted) which makes me believe in long-term investments and also future of bitcoin, and also the best investment of the last decade.
The supply for gold is far exceeded by the demand or requirement long term for gold backing financial instruments. At present gold is not rated as having any worth beyond historic and industrial, the idea is the world has exceeded its utility. The central bankers say their politics and innovation of FIAT standards make gold pointless, QE etc. Or in the crypto sphere some think gold should be replaced entirely by protocols established here and there no worth in gold.
My take is neither view is right and all 3 are likely to continue and demand will outweigh supply (for reliable regular settled value) only FIAT dollars will find demand drops vs that endless supply.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
The thing that I don't like about investing in gold or silver is that the amount is unlimited even though it's hard to get, while bitcoin has an amount of only 21 million (cannot be added or subtracted) which makes me believe in long-term investments and also future of bitcoin, and also the best investment of the last decade.
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.
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth. When it comes to investment then diversification would be always the best doesnt matter if its on the form of traditional investment or with this very new crypto that we've been dealing off.
Since it is really still sharing on the same goal which is to make profits or do really think off about future investment which these things are really capable of.
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
The thing that I don't like about investing in gold or silver is that the amount is unlimited even though it's hard to get, while bitcoin has an amount of only 21 million (cannot be added or subtracted) which makes me believe in long-term investments and also future of bitcoin, and also the best investment of the last decade. 
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.
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth. 
Personally, I might prefer gold, but I choose gold if my condition is not financially difficult. Currently, I tend to choose crypto as an option for investment and business development. I feel that crypto is more flexible than gold in asset enhancement. however, gold is very good for long-term investment.
however, I also believe that most crypto users are more likely to stock crypto than gold for the same reason. however, if I already have enough assets, then gold and silver makes a pretty good place to hold it for a long time.
It's true as you said, most millennial children now prefer to invest in crypto than investing in gold and silver, indeed investing in gold has no significant risk that we experience, but the turnover we get is not too much, even though we invest for a long time, but if we invest in bitcoin the risk we receive is large, but the benefits we get are equal to the risk we accept. however, I also believe that most crypto users are more likely to stock crypto than gold for the same reason. however, if I already have enough assets, then gold and silver makes a pretty good place to hold it for a long time.
Gold is more trusted than silver by people worldwide, so it's no surprise the precious metal has greater demand over any other precious metal on the market. Crypto is relatively new to the world, with little backing behind it. Prices are widely volatile these days, making crypto quite challenging as a serious long-term investment. Only Bitcoin can be considered the best choice among all the other cryptocurrencies on the market due to its deflationary design. Which asset to invest into is entirely up to you. As long as you don't invest more money than what you can't afford to lose, you will have nothing to worry about. Just my thoughts 
I would say that ETH doesn't look too bad neither. I mean it is like silver to gold, and eth to bitcoin are the same things I am not saying that it is a bad idea, it just doesn't mean that we should be considering bitcoin as the only one. Obviously, if you consider BTC to be most trustworthy then you will be mostly right, and if you want to invest only into bitcoin and nothing else then it is not a bad idea neither.Certainly better than some people who have only doge investments lol. However, do not be afraid of alts neither, even though there are tens of thousands of bad ones, there are a few ones, maybe like a dozen of them which are nice as well.
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.
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth. Gold is a reserve asset dating back thousands of years and not likely to alter in that general usage though FIAT itself may alter considerably. On the other end of the scale is highly speculative assets such as crypto which is no bad thing as we are also talking sky high growth occurring, the two assets should not be compared within the same sentence as they are not close in usage, in their basic origins or likely end game but both are inverse to dollar thats it.
Silver is more of a middle ground, its speculative and commonly mined alongside lead and a few other metals. It also has a history of being a reserve asset but right now I'd argue its industrial and linked to solar panels etc. Silver isnt a bad asset to consider but at times it might suffer the worst elements of all three.
Silver is more of a middle ground, its speculative and commonly mined alongside lead and a few other metals. It also has a history of being a reserve asset but right now I'd argue its industrial and linked to solar panels etc. Silver isnt a bad asset to consider but at times it might suffer the worst elements of all three.
Gold is more trusted than silver by people worldwide, so it's no surprise the precious metal has greater demand over any other precious metal on the market. Crypto is relatively new to the world, with little backing behind it. Prices are widely volatile these days, making crypto quite challenging as a serious long-term investment. Only Bitcoin can be considered the best choice among all the other cryptocurrencies on the market due to its deflationary design. Which asset to invest into is entirely up to you. As long as you don't invest more money than what you can't afford to lose, you will have nothing to worry about. Just my thoughts
I think only giants have the ability to invest in gold or silver, it can't be denied that gold and silver is a traditional investment that is always profitable, even gold and silver is a measure of anyone's wealth, but investment is of course very difficult to profit, and at this time I will choose crypto over gold or silver.
Giants? I believe you mean rich people, kinda left out that detail in the translation? 
Even middle-class people can buy gold and silver and they often do, because they are looking for safer and time tested investments for their hard earned money. Their priority is safety and easy liquidity in markets.
Crypto should be kept narrowed down to bitcoin if you are investing and looking for a long term profit not some short term gamble. With the current price dropping back to 39k levels, I think it is a good time to buy when a even steeper downward trend starts.
Jump to: