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Topic: Gold , Silver Or Crypto? - page 8. (Read 1506 times)

hero member
Activity: 1974
Merit: 534
April 16, 2022, 05:04:58 AM
#91
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Buying gold right now doesn't seem like a good investment to me, the price is just too high. Gold and silver are pretty much the same thing, correlation is very high between the two because investors look at it as a safe haven for money. The problem is that precious commodities don't generate any income, their whole price is based on supply and demand by investors. Only a small fraction is being used in industrial production. In case you already hold gold I would keep it and not sell it. But I also wouldn't buy more of it. Cryptos are a much better option in my opinion with a big upside potential. Making 100% return in cryptos seems much more likely than making 50% in gold.
sr. member
Activity: 1246
Merit: 254
Trphy.io
April 16, 2022, 04:20:38 AM
#90
If you have the chance to have all of them then take all of it and that will serve as your diversified portfolio. It's always been good to have gold and silver if you're into traditional assets.
But the better market that we have today is obviously in crypto, specifically bitcoin. So if you think that you have to allocate your money in all of them then that's much better.
And if you're only going to need and take one of them then your very option is to take bitcoin. You're in a bitcoin forum and everyone would be suggesting you the same.
I totally agree with your review, my friend, if we are able and have better money, we better take everything, but if asked to choose, I will definitely choose bitcoin as my number one investment, even though I know the risk of investing in bitcoin is very large compared to investing in gold. , but I still believe the risks we receive must be balanced with the benefits we get.
newbie
Activity: 1
Merit: 0
April 16, 2022, 03:59:29 AM
#89
I don't put eggs in the same cage.
I invested half of my assets in gold. One-third of assets are invested in cryptocurrencies.
Any investment is risky, and there are many types of cryptocurrencies. Have your own choice.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
April 15, 2022, 10:47:41 PM
#88
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.
Main looking at the returns of investment, if one had an insight to what bitcoin would have become today, investing in bitcoin way back when it was still cheaper is the best, its definitely better than gold and silver, gold has not increased that much for the past couple of years, in five to ten years time the price of gold cannot surpass $5000, but bitcoin is expected to surge pass $40k, in five to ten years time, when more adoption of bitcoin emerges, y'all will be surprised with the return of investment from bitcoin, i will go for bitcoin and strong altcoins as against gold and silver
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
April 15, 2022, 09:50:15 PM
#87
I would choose all of them just to minimize risks of loss as much as possible. Crypto may be the best-performing asset of all time, but the risk of loss is higher than it's the case with Gold or even Silver. By diversifying your investment into both precious metals (Gold and Silver) and Crypto, you'll be able to achieve piece of mind in the long term.
We will distribute risk if spread our portofolio into several assets, crypto with high risk high gain and gold or silver with moderate risk. this is good combination to gain maximum profits with less risk. commodity market or metal have good future since demand from industry year by year increase alot.

I usually convert some of my Bitcoin to Gold whenever there's a spike in market prices in order to protect my purchasing power as much as possible. It's a strategy most avid investors do in order to avoid losing it all in an instant.
buying power or purchasing could added when we regularly taking profit when price in high. by having more buying power , number of coins we could bought more and profit potenncy will become bigger too.

hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
April 15, 2022, 09:14:35 PM
#86
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Portfolio diversification is the best idea, Crypto brings high returns but comes with high risks, gold and silver are considered the safest, least risky investment channels because the volatility is not high. Depending on the investment preferences of each person, choose the appropriate type, but investing is always a risky channel, so allocate capital properly and don't put all your eggs in one basket.
STT
legendary
Activity: 4088
Merit: 1452
April 15, 2022, 06:30:08 PM
#85
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.
full member
Activity: 378
Merit: 167
betfury
April 15, 2022, 06:20:48 PM
#84
In my opinion, just allocate it to the 3 types of assets, if there is a thought there, indeed these 3 types have different functions and benefits. Now try to evaluate Anfa's portfolio, to share your basket in financial matters. Just research what assets you want and which ones are right for you to invest in the future. The ideal portion according to the budget you save.
if you choose crypto with all the flexibility, convenience and secrecy, this has a plus. Try choosing several platforms, for example Defi (decentralized finance) there are many kinds of offers and mechanisms that make users comfortable. You also have the right to choose the APY that suits you, with smart contracts and even the crypto world is so advanced and fast that currently there are lots of stacking programs that only store d wallets, you can search for them on daps or the official defi website. All you have to do is connect to your non-custodial wallet and the guide is available. Between gold, silver and crypto according to your portion
hero member
Activity: 2968
Merit: 687
April 15, 2022, 06:04:25 PM
#83
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

I would choose all of them just to minimize risks of loss as much as possible. Crypto may be the best-performing asset of all time, but the risk of loss is higher than it's the case with Gold or even Silver. By diversifying your investment into both precious metals (Gold and Silver) and Crypto, you'll be able to achieve piece of mind in the long term. I usually convert some of my Bitcoin to Gold whenever there's a spike in market prices in order to protect my purchasing power as much as possible. It's a strategy most avid investors do in order to avoid losing it all in an instant.

Both precious metals and crypto have their respective advantages/disadvantages so it's up to you to decide what you want to do with your money. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Wink
Risk is everywhere and we know that when it comes to investment decisions then diversification would be the most ideal thing to be done as long you do have the money or finances to support then go ahead yet this would

be the best idea for you to take and not really just focusing on a single point because chances of recovery once those things failed is really hard compared if you do have lots of investment whether on crypto space or traditional investment then you could really be always have that back up plans. Proper planning and proper managing off your funds on applying into different industry is something that should be done
but we know that not all would really be capable enough.
sr. member
Activity: 1638
Merit: 255
April 15, 2022, 05:05:34 PM
#82
My opinion mind crypto is good another one but also good gold.i don't suggest silver.Al of depend on your mind. What do you know about very well.if you know very well about crypto that's best for you.Crypto platform not for all, the platform for a professional person.crypto mean risky tough confusion etc so need to be professional.Then you can yarn more benefits.Gold is not risk but hold a long time and yarn a little profit.But you a batter understand about cryto you yarn a huge profits.Gold invest so easy but crypto invest it's not easy.So i suggest are you a new crypto platform that's place not for you.                           

Actually it depends on ourselves, how far we know the asset we want to buy. Because it's true that we shouldn't invest in something we don't
understand. Especially crypto where the price is very volatile, making the risk of investing in crypto very high. So avoid investing in crypto
if we don't understand crypto properly, because it forces investments in assets that we don't understand, it will only make us lose money.
I prefer investing in crypto over other assets, because I really understand how the crypto world works. Therefore it makes it easier for me
to be able to make a profit, because I understand how to invest in crypto properly. Then for newbies who are new to crypto, don't be in a hurry
to invest in large amounts, start with small capital, if there is a loss we can consider it as a learning cost. For newbie in crypto world,
it's better to just focus on investing in Gold, which is proven to be safer.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
April 15, 2022, 01:18:39 PM
#81
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

I would choose all of them just to minimize risks of loss as much as possible. Crypto may be the best-performing asset of all time, but the risk of loss is higher than it's the case with Gold or even Silver. By diversifying your investment into both precious metals (Gold and Silver) and Crypto, you'll be able to achieve piece of mind in the long term. I usually convert some of my Bitcoin to Gold whenever there's a spike in market prices in order to protect my purchasing power as much as possible. It's a strategy most avid investors do in order to avoid losing it all in an instant.

Both precious metals and crypto have their respective advantages/disadvantages so it's up to you to decide what you want to do with your money. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Wink
sr. member
Activity: 1722
Merit: 252
April 15, 2022, 09:46:22 AM
#80
Gold is the first priority of investment, this is because wherever and whenever gold will continue to be received, gold investment has occurred since thousands of years ago and will last for thousands of years, after gold of course I will choose crypto because the profit opportunity is very large and has been proven that by only holding crypto for the long term can get big profits.
hero member
Activity: 2170
Merit: 530
April 15, 2022, 08:01:57 AM
#79

They are all worth investing on but can you permit me to make little adjust to that? I will recommend bitcoin, gold and real estate. This three are the investments that one could not afford doing without, their value does not depreciate and are best used for asset and store of value, i will also advise you to make more research on them each and know the ways in which you can have a good start by investing on them.

What you have mentioned mate are totally the most recommended assets for me that a person must have but sad to say not all can afford to have it these three altogether one at a time. I am very fond with bitcoin or crypto assets, gold and real estate because these for me the best investments that I can have in life and for now I have bitcoin or crypto yet as an investment and the two assets will follow I am very positive with that.  So answering the OP's query I can't choose which one is best because these are pretty good choice.
hero member
Activity: 952
Merit: 555
April 15, 2022, 04:18:29 AM
#78
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

They are all worth investing on but can you permit me to make little adjust to that? I will recommend bitcoin, gold and real estate. This three are the investments that one could not afford doing without, their value does not depreciate and are best used for asset and store of value, i will also advise you to make more research on them each and know the ways in which you can have a good start by investing on them.
full member
Activity: 882
Merit: 100
April 15, 2022, 03:12:09 AM
#77
My opinion mind crypto is good another one but also good gold.i don't suggest silver.Al of depend on your mind. What do you know about very well.if you know very well about crypto that's best for you.Crypto platform not for all, the platform for a professional person.crypto mean risky tough confusion etc so need to be professional.Then you can yarn more benefits.Gold is not risk but hold a long time and yarn a little profit.But you a batter understand about cryto you yarn a huge profits.Gold invest so easy but crypto invest it's not easy.So i suggest are you a new crypto platform that's place not for you.                           
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
April 15, 2022, 02:43:34 AM
#76
When you talk about crypto precisely Bitcoin , Between Gold and Bitcoin I will choose Bitcoin 10 times over gold. Reason is Bitcoin has out performed Gold for the past ten years now, Almost in all aspects listed below.

With above reasons , some people sees Bitcoin as digital Gold.
So why not invest in both? Cool

With money at hand you have to make these decisions based on not only own knowledge but from past charts too. Bitcoin is not easily tradeable in every country yet but gold and other previous metals are. For the time being, it is a good investment, for considering the average life expectancy of the members of this forum, bitcoin will take time to become that popular so as to be called "digital gold" in the real sense and not just a buzzword used by some firms.

If we already have millions of dollars, of course we will choose a very safe investment, namely gold, such as data from every year that gold always rises even though it is never more than 20% per year, and for me crypto is a good opportunity to develop money so I make crypto as an option first investment.
Bitcoin average yearly volatility is <15%. And crypto should mean only bitcoin, because altcoins are not compare-able to it and compared to them gold is a better option in several terms.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 06:06:40 PM
#75
Quote
gold, with a fairly stable price compared to crypto which always makes heart exercise, but every investment has its own risks and benefits as we know, but I personally prefer gold than crypto
I guess,gold investment is very easy for people to make a good profit in this season than crypto which the price is not encouraging investors.  Since we came out from pandemic gold Price has improved higher which is seriously giving people hope to remain in gold investment than crypto which the price is not yet stable, since we came out from pandemic. I will continue to invest a huge amount of money on gold to have something good to achieve in this season than crypto which the price is still dumping in the market.
Gold investment very easy to earn profit but still with small amount although waiting one or two years later for selling it, I don't know what people mind when try investing with gold only. I see every year about 3% until 5% for reaching up price from gold as investment assets, maybe on cryptocurrency without one day can earn almost 10% depending when buy on dip or lower price. Actually I like with bitcoin investment assets than gold or silver with less potential and faster to earn profit.
full member
Activity: 1358
Merit: 207
Catalog Websites
April 14, 2022, 12:59:04 PM
#74
Quote
gold, with a fairly stable price compared to crypto which always makes heart exercise, but every investment has its own risks and benefits as we know, but I personally prefer gold than crypto
I guess,gold investment is very easy for people to make a good profit in this season than crypto which the price is not encouraging investors.  Since we came out from pandemic gold Price has improved higher which is seriously giving people hope to remain in gold investment than crypto which the price is not yet stable, since we came out from pandemic. I will continue to invest a huge amount of money on gold to have something good to achieve in this season than crypto which the price is still dumping in the market.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 10:38:34 AM
#73
As a licensed financial advisor I don’t agree with the above statement. The vast majority of financial advisors, including myself, recommend that one’s portfolio always have a “backbone” built with traditional investments such as mutual funds and or ETFs. Depending on if your portfolio is on track for retirement and if you’ve got extra funds to invest, then buying hedges (not necessarily investments) such as gold and silver can be a good idea and buying bitcoin works for the portion of speculative investments in one’s portfolio.
I do agree with you because I wondering which financial advisor would advise someone to go for Bitcoin, Gold and Silver, I know for sure that Mutual funds and ETFs were the most recommended.

I do invest in mutual funds anyway, but one thing I would say is that you don’t really get much from it; on average I might be getting 9% per annum, which is small compared to cryptocurrency where I can possibly make double of my investment and more. But, mutual funds are more of a safer investment because they are stable, while cryptocurrency is a high risk investment type.
Mutual funds are not there so that you would make a lot of money, sometimes they do not even earn as much as the inflation. It is there so that your money wouldn't stand still, it is one of the least riskiest methods of all time. But that comes with a cost of low returns for sure.

I would say that the best is still crypto, what else could gain 2x and still give you this much? It is obvious that crypto is not perfect and we have a lot of shitcoins, but when we are talking about something like ETH or BTC, then you know that you can trust them and you know that it will give you greater returns as well. That's all you need, just have to face the volatility while you are holding.
hero member
Activity: 966
Merit: 588
April 14, 2022, 06:44:15 AM
#72
When you talk about crypto precisely Bitcoin , Between Gold and Bitcoin I will choose Bitcoin 10 times over gold. Reason is Bitcoin has out performed Gold for the past ten years now, Almost in all aspects listed below.

Growth & profit
Deflationary
Security
Scarcity
Transparency
As means of payment
Inflation hedge.
Store of value.
With above reasons , some people sees Bitcoin as digital Gold.

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