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Topic: Gold , Silver Or Crypto? - page 9. (Read 1433 times)

hero member
Activity: 798
Merit: 546
April 14, 2022, 07:44:15 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.

legendary
Activity: 2520
Merit: 1073
April 14, 2022, 06:11:29 AM
#71
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
For years those three (Gold, Silver and Bitcoin)has been the best investment by far, unless you are trying to compare them with each other, in which case I would say that Bitcoin has been a better investment for the past decade. This is personal, it doesn’t apply to other investors as their own personal definitely differs with whatever experience I might have had over the years.

I have also tried investing in Gold, and I would say it is a good hedge for inflation and also good choice if you’re looking into with longevity, because it has lasted since God knows when. But why I chose Bitcoin is because I have made more profit from Bitcoin than Gold within this short period.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
April 14, 2022, 04:50:04 AM
#70
I have been on Gold and Silver looks have little increase up price and now have pay tax in my country with gold and silver assets, so I move my investment on cryptocurrency because faster get profit. Some time when bitcoin and altcoin have lower price I can take profit more than 10% until 20% in daily day, impossible we can get much profit in daily day on gold or silver investment. I think with gold and silver as safety investing assets not possibility dump drastically like cryptocurrency, but less profitable earn and about 3% until 5% each years increase up price from gold and silver.
member
Activity: 728
Merit: 19
KUWA.ai
April 14, 2022, 04:29:35 AM
#69
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

There are many reasons why these commodities are precious today. Gold and silver were a universal medium of trade and exchange for a long time but the cryptocurrency has been added to that list recently.

Gold and silver are not only collectible and shiny but also flexible commodities that can be reshaped, reused, and melt with other minerals. It is a great conductor of electricity. From every high-tech electric device to small chips everything needs gold and silver.

On the other hand, the cryptocurrency appears as a great mountain against inflation. When every other financial market is crumbling due to the weight of inflation and unsure about its future crypto market shows enormous progress. It seems the only thing the crypto market knows is growth.
legendary
Activity: 3164
Merit: 1174
April 14, 2022, 04:04:46 AM
#68
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

If you are already hesitating between gold, silver, and crypto, bet on all three! Simply split your investment, you can do it in equal parts, like 33.3% in each, or you can invest in some of them more and in some less, as it suits you! Depending on your goals and whether you want to play safer with a possible lower profit or you want to risk a little more but with a possible higher profit! It's really up to you!

I don't like gold and silver, I believe in crypto as a far better investment for the future! Bitcoin and some other coins will make a miracle on the global stage, I mean that's already happening, but I guess it will be nothing compared to what is coming!
legendary
Activity: 2128
Merit: 1018
Next Generation Web3 Casino
April 14, 2022, 03:18:43 AM
#67
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
sr. member
Activity: 1596
Merit: 299
April 13, 2022, 11:06:46 AM
#66
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
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.
sr. member
Activity: 1484
Merit: 254
April 13, 2022, 04:08:09 AM
#65
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.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
April 13, 2022, 02:14:18 AM
#64
I have also had people try to convince me to buy gold and silver. Historically, comedies like gold and silver were great ways to store value during times of inflation. However, I believe Bitcoin is a better investment right now for several reasons.
First, BTC has way more growth potential, especially if you are planning to hold long. Furthermore, it is highly likely that BTC will break 100k in 2022 and that would be over 100 percent ROI in 2022 alone.
Second, silver is not really limited in its supply, this year alone 784 million ounces of silver were mined globally.
Lastly, gold has already been booming in 2022 meaning that its due for a correction soon, I could not recommend investing when it's presently overvalued.
hero member
Activity: 2716
Merit: 588
April 12, 2022, 07:47:49 PM
#63
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
No need to confuse with Gold and silver, all know how precious these things in the world.
and for the new era of technology, cryptocurrency is also considered as a worthy investment, but also risky enough. No confusion again, as long as what we invest is the precious crypto, it will be a good investment, but if it is about shitcoins, it will end as shit investment. the one that becomes the most recommended and worthiest crypto investment is Bitcoin, that's it, moreover for long term.

And if you can afford, why not invest in both, precious metals and crypto?
A tangible asset is always better to have in diversifying your portfolio.
And when it comes to crypto, better invest in valuable coins like bitcoin.
But in my case, I am more on gold than silver. Because with gold, if you have no money, you can easily pawn it.
Whereas, with silver not many shops are accepting it as pawn.
hero member
Activity: 1932
Merit: 622
April 12, 2022, 07:42:27 PM
#62
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
No need to confuse with Gold and silver, all know how precious these things in the world.
and for the new era of technology, cryptocurrency is also considered as a worthy investment, but also risky enough. No confusion again, as long as what we invest is the precious crypto, it will be a good investment, but if it is about shitcoins, it will end as shit investment. the one that becomes the most recommended and worthiest crypto investment is Bitcoin, that's it, moreover for long term.
sr. member
Activity: 2506
Merit: 328
April 12, 2022, 05:10:00 PM
#61
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in securities and stocks of companies. With a successful investment, you can not only save your money but also increase it. I remember the wonderful movie "Forrest Gump". That's when a man successfully invested his money Grin I can also suggest keeping your savings in different currencies. There is always a chance that some part of the money will remain.
As long you are financially capable then the more the better as we do all know but only a few is on this particular state and most of us does have only limited or having some small amount thats why we do really ask

out on what would be the best investment decision which isnt bad to consider stocks and securities which is definitely that a good option if you are aiming for somewhat secure but of course the risk would be always
there but considering on choosing gold silver or crypto then this 3 would really be ideal as long you do have the money to be put on.
member
Activity: 318
Merit: 10
April 12, 2022, 03:39:52 PM
#60
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in securities and stocks of companies. With a successful investment, you can not only save your money but also increase it. I remember the wonderful movie "Forrest Gump". That's when a man successfully invested his money Grin I can also suggest keeping your savings in different currencies. There is always a chance that some part of the money will remain.
staff
Activity: 2436
Merit: 2347
April 12, 2022, 03:12:03 PM
#59
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in three assets as a diversification. But I would prefer to invest in cryptocurrencies. Gold has turned your $1,000 into $950 or so in 10 years. Count what bitcoin would have turned your $1,000 in the last 10 years into. You would be a millionaire. I realize this is all FOMO, but digital gold looks a lot more attractive to invest in than physical gold or silver.
sr. member
Activity: 1386
Merit: 250
1XBit.com
April 12, 2022, 01:15:29 PM
#58
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Gold and silver do not move at price overnight but currency investment can change your life at any moment if you invest in a good place or very good project just like a block chin-based project is a very long lasting project I think.
What you say is true, gold, gold and crypto are indeed good investment assets, but I think all three have different functions, the attractiveness of gold will depend on the existing economic conditions, because usually people invest in gold as a hedging tool money because its price movements are not speculative, while crypto has a different function, namely as a value added asset because its movements are very speculative but also have high volatility and high risk.
full member
Activity: 462
Merit: 100
April 12, 2022, 12:20:46 PM
#57
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Gold and silver do not move at price overnight but currency investment can change your life at any moment if you invest in a good place or very good project just like a block chin-based project is a very long lasting project I think.
legendary
Activity: 2338
Merit: 1124
April 12, 2022, 10:23:50 AM
#56
you also provide potential where crypto got the good chance of multiplying in many folds, security or in terms of volatility, if you a type of conservative investor gold serves as a good investment to save your money, a small run either pump or dump won't hurt your investment that much, unlike with crypto,

the risk is too high but the benefits in case you made the right time to invest inside are clearly high as well.

There are many successful traders and investors who ride along using crypto,
they made a lot of money from each trades that they've made.
That is one of the advantages of crypto and great thing is it is just one of them. You could buy bitcoin, or some other coin and you could gain like 100% per year, or maybe you won't but it looks like the average has been more than that. This is how people got rich in crypto and in the long run should be getting even richer.

On top of that we are talking about being a lot more secure, I mean crypto is digital whereas gold is not, there are some banks that offer gold accounts as well, meaning you could turn your fiat into gold in your bank account, but that is a brand new thing and not very common everywhere in the world, so crypto is still by far better for sure.
sr. member
Activity: 1344
Merit: 264
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April 12, 2022, 03:19:19 AM
#55
...In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?
Just like your advice, when we start to study a certain area, mistakes are inevitable. In general, maybe we don't live in the same environment, and our views on money will also be different together. Its worth determines whether you can afford it or not.In every product, I have reasons for problems as well as opportunities, both good and bad. But you will have the right to decide to achieve the goal. Even failure should be viewed as a lesson to correct and do better.
legendary
Activity: 2282
Merit: 3014
April 12, 2022, 02:47:21 AM
#54
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

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.
legendary
Activity: 2338
Merit: 1775
April 12, 2022, 01:42:58 AM
#53
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

There are four main precious metals - gold, silver, platinum and palladium. 

Over the past 10 years, palladium has shown the largest price increase.  This is because this metal is not only very beautiful and widely used for jewelry and bullion coins, but also widely used in electronics and automotive. 

Perhaps in the future the price of palladium will continue to grow.  It is also possible that platinum will rise in price. 

At the same time, from the point of view of the convenience of making transactions, cryptocurrency (in particular Bitcoin) is significantly superior to gold and other precious metals.  In a digital society, Bitcoin is the most convenient for payments. 

Therefore, the cryptocurrency has a very high potential for price growth.
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