Bitcoin Forum

Economy => Economics => Topic started by: tread93 on February 12, 2023, 08:14:41 PM



Title: BTC Silver and Gold
Post by: tread93 on February 12, 2023, 08:14:41 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?


Title: Re: BTC Silver and Gold
Post by: philipma1957 on February 12, 2023, 08:23:46 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do some silver.


Title: Re: BTC Silver and Gold
Post by: tread93 on February 12, 2023, 09:56:25 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do some silver.

There we go! Do you buy silver often? How can you not own at least some? It’s an excellent store of value.


Title: Re: BTC Silver and Gold
Post by: EarnOnVictor on February 12, 2023, 10:25:39 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
Inflation or not, it's not good to "put one's egg in a basket," which helped me as I was particular about 5 classes of investment in 2022. They are the equity market, Bitcoin, Gold, Crude oil and USDX. I was able to liquidate some of my purchases on Bitcoin later after seeing the way it was performing and added it to my portfolios on Gold and USDX.

These (Gold and USDX) were good choices and a very good way to diversify my portfolio which worked so much for me. Gold and Bitcoin eventually earned well for me in the last 2 months, yet I will only increase my investment in Bitcoin towards the time of halving or if it would reach around $15k-16k again.

I will then hold it for the tradition right from such a low level.


Title: Re: BTC Silver and Gold
Post by: o48o on February 12, 2023, 10:59:10 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
If i had that's much wealth that inflation would impact significantly to my portfolio, i most likely would keep my wealth tied to land and housing, and actual real physical gold and silver. But the fact is that i don't own (after last bear market) anything so valuable that it would make sense to keep it tied to gold.


Title: Re: BTC Silver and Gold
Post by: Vaskiy on February 12, 2023, 11:20:36 PM
I don't know whether it have turned to be a circumstance or it is getting connected to the culture. In our country gold is given much priority, it can be jewellery as well as form of investment. Majority of the people have good volume of jewellery, because this is the one used as collateral when there is need of money. Bitcoin seems to be my choice, but it is quite hard to make people believe it. If it is gold, everyone simply accepts.


Title: Re: BTC Silver and Gold
Post by: jackg on February 12, 2023, 11:30:54 PM
I don't think Gold has much of a hedge against inflation but I might be on too small a time frame (the last 5-10 years).

I think stocks are the next best thing after crypto as long as you can find good stocks to invest in or invest in a diversified way. Jewellery likely acts as a hedge against inflation much better than gold and silver do on their own (turning raw silver into jewellery seems like it could be difficult though).


Title: Re: BTC Silver and Gold
Post by: hatshepsut93 on February 12, 2023, 11:54:55 PM
Maybe in some distant future I will own a bit of precious metals, but my #1 investment goal is establishing some cash flow, like owning real estate or a business. I don't have enough wealth to live the rest of my life off it, so my assets should work for me instead of simply being a store of value against inflation.


Title: Re: BTC Silver and Gold
Post by: STT on February 12, 2023, 11:59:23 PM
If  I was buying silver I'd buy the most unpopular kind, collecting coins is nice but Im not sure of the price relative to market pricing in the pure asset.  Im aware of the silver price and also the mining companies prospects in their endeavours to mine more.    Physically I'd collect the old silver sterling cutlery but mostly I have the mining shares or a fund which holds and manages positions for them, it gives a yield and its hands off simple to deal with but any of the options are valid if you are bullish on either silver or gold.
  Physical is not leveraged, thats the appeal I think because most of us expect volatility and I dont disagree with that.  Upset is quite certain to occur, I tried to hold physical gold and other metals in a brinks mat vault arrangement at one point but its lots of paperwork required and they raised the fees massively I guess after being hassled and buried under red tape hence managed (pension etc.) funds are kept at arms length and they deal with all that trouble.


Quote
I don't think Gold has much of a hedge against inflation but I might be on too small a time frame (the last 5-10 years).

Its the other way round that makes it confusing, Dollars are measured in gold not vice versa.   The time scale for gold is minimum a decade, the justification for that might be the parallel of thats how long a gold mine from scratch can take to establish profitable mining.    Look up the details of any large gold mine, all the twists and turns but at present its worth it as they should get there in the end and imo price will be higher at end then they began with.  There are alluvial deposits of gold but still there is no simple story especially with modern environmental considerations for mining to include in costs.


Title: Re: BTC Silver and Gold
Post by: Hispo on February 13, 2023, 02:26:21 AM
I do not stack any precious metal, actually it was kind of a plan I had before knowing Bitcoin, to buy some Silver for the long term.
However, I finally decided to go full Bitcoin because decentralization and how easy is to conceal from bad people.

There is also a small chance some crook around here could be selling counterfeit bullion, I rather not to take those chances.


Title: Re: BTC Silver and Gold
Post by: mk4 on February 13, 2023, 03:39:56 AM
I'm personally not a fan of both silver and gold as in my current situation, as I'm very better off taking risks than going too safe. Maybe I'll buy gold sometime in the future when I'm older? But I'm not sure why I need to do that if bitcoin already exists.


Title: Re: BTC Silver and Gold
Post by: Don Pedro Dinero on February 13, 2023, 04:35:19 AM
I've got a little bit of gold just in case but I am not stacking it, as I think bitcoin is much better as a store of value and when it comes to liquidating it, because if you have a gold bar worth 1,200 dollars (approximately 20 grams), you cannot liquidate only 200 dollars, you have to sell the whole bar. With bitcoin, however, it doesn't matter how much you have, you can make partial sales.

I especially like the colour of gold, it's mesmerising.

But above all, I don't want anyone to think that they are 'stacking' gold or silver by buying jewellery, which is the worst way. If you buy jewellery for you or your wife because you like it, fine, but to give an example, a necklace with 50 silver dollars, if you are going to sell it the next day you will be paid for its weight in melted silver and it will be 7 or 8 dollars, no more.

If you want to do stacking, do it with coins or bars.


Title: Re: BTC Silver and Gold
Post by: yhiaali3 on February 13, 2023, 04:38:13 AM
I was saving some gold but unfortunately I had to sell it due to some difficult circumstances.

Anyway, I also believe in gold as a hedge against inflation, so I will probably buy some gold when I get some extra money.
I used to follow the strategy of converting my profits in excess of the capital that I used in trading into gold, and when the market goes down, I convert the gold into bitcoin and so on.

As for silver, I have not bought it before because it is not very common in my country.


Title: Re: BTC Silver and Gold
Post by: posi on February 13, 2023, 05:08:04 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I don't think about inflation, but diversification has always been a necessity in investing. Currently, bitcoin is considered a highly profitable investment but not considered a safe place to store assets, the future of bitcoin is still in question, so putting all your assets in that's not a good idea. I like gold because it's safe, and investing in some tech stocks is what I'm doing. In the future real estate is what I look forward to, I will continue to diversify my portfolio as investments in bitcoin and stocks pay off.


Title: Re: BTC Silver and Gold
Post by: tiCeR on February 13, 2023, 06:39:32 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
If i had that's much wealth that inflation would impact significantly to my portfolio, i most likely would keep my wealth tied to land and housing, and actual real physical gold and silver. But the fact is that i don't own (after last bear market) anything so valuable that it would make sense to keep it tied to gold.

We often talk about the traditional forms of investment like precious metals or maybe even software companies by now, but hasn't the pandemic been proof that there are a couple of risk vectors one could smartly look into? Now that we know what impact pandemic events can have on the world economy, and given that our population is growing and spreading of such events becomes more likely and more dynamic, dedicating a small portion of one's portfolio to pharmaceutical companies can be as much of a hedge as owning gold.

Actually, when the pandemic kicked it we have first seen a sell-off of assets that people don't necessarily need for a living. Almost everything has been performing badly at first. With the infusion of unbelievable quantities of fiat money we saw a wild bounce-back of the markets all over the place, but among the safest bets back then had been the pharmaceutical companies. Even if the stock price doesn't perform that well, they turned out to be very reliable dividend payers.

Now chemistry is not a subject I am all too familiar with and I ask myself whether there will ever be a way to create some form of alternative gold or synthetic gold. There are various reports, but they also seem to be changing over time. I also don't know how trustworthy reports are about how many % of all existing gold has been discovered or is yet to be discovered. How can anyone possibly know for certain?

The 100% transparency of Bitcoin's defining parameters can never be attained by anything that is yet to be fully discovered all around the globe.


Title: Re: BTC Silver and Gold
Post by: TheUltraElite on February 13, 2023, 09:39:19 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do own stocks and precious metals apart from crypto.

These don't always work as hedge to inflation, it more like diversification of assets in order to include different asset classes in my portfolio. Sadly this term has been likened to the accumulation of altcoins in this forum which I abhor.

Silver though I don't buy much, it's mostly gold. Having these assets on your side means having a relief when bitcoin is going down, in case you are the panicking person.


Title: Re: BTC Silver and Gold
Post by: boyptc on February 13, 2023, 10:34:09 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I want to invest in gold but not with silver. Although I know that these precious metals are still way to go for conservative investors but, thanks to bitcoin that I have been introduced and known to bitcoin.

Instead of looking at these two, I'm with bitcoin and chosen to pick it rather than going with precious metals. I think that if we're living in 70s onwards then silver might be the best pick.

It's like a gold rush back then and not just who rushed to have it and those who have sold shovels earned a lot.

Now, we're also into like that moment but it's like more of bitcoin rush.


Title: Re: BTC Silver and Gold
Post by: aoluain on February 13, 2023, 01:27:42 PM
I do not stack any precious metal, actually it was kind of a plan I had before knowing Bitcoin, to buy some Silver for the long term.
However, I finally decided to go full Bitcoin because decentralization and how easy is to conceal from bad people.

There is also a small chance some crook around here could be selling counterfeit bullion, I rather not to take those chances.

Yup me too, I am all in on Bitcoin.
And I was also looking at Gold bullion a few years ago but after doing some research
found out that there are very convincing counterfeits of reputable manufacturers like
PAMP. If I can find that info I will edit this post.

Anyway, Bitcoin is real, my Bitcoin cant be copied, its easily transported and transferred,
its the top performing "asset", I cant see an alternative.


Title: Re: BTC Silver and Gold
Post by: reagansimms on February 13, 2023, 03:18:07 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
To answer questions like these, I would choose gold to store some of my wealth. Historically, gold has played a major role in the economies of many countries. When compared to other types of investment, gold is included in one type of investment that is safe and proven to be resistant to inflation, gold also has a value that keeps its price from dropping drastically and can continue to rise.


Title: Re: BTC Silver and Gold
Post by: salad daging on February 13, 2023, 03:23:17 PM
I believe Gold is the most stable asset and can survive any inflationary conditions so I saved on gold for a certain period and I did this two years ago buying gold with a few grams (with variations in grams) that I got during that time, yeah this also because of the encouragement of my wife who likes gold jewelry and gold bars but in the end we agreed to keep gold longer than the other side we can sell more easily in an emergency we need.

Diversifying is a good thing than (putting in one basket) that's a saying we often hear, but apart from all that I believe bitcoin is also for the long term to be able to see even higher values and avoid inflation, so I can determine both where is more to pile up bitcoin or gold?

Of course I chose bitcoin over other assets so here is 70% real money and we know how bitcoin can grow faster.


Title: Re: BTC Silver and Gold
Post by: Hydrogen on February 13, 2023, 03:55:29 PM
I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.


Title: Re: BTC Silver and Gold
Post by: aseev on February 13, 2023, 04:51:53 PM
I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.

I'm not into precious metals and don't know if it'll work but here is a suggestion - you can buy a metal number punch set and do it yourself:
https://i.imgur.com/J1O9mun.jpg


Title: Re: BTC Silver and Gold
Post by: Hydrogen on February 13, 2023, 05:41:58 PM

I'm not into precious metals and don't know if it'll work but here is a suggestion - you can buy a metal number punch set and do it yourself:
https://i.imgur.com/J1O9mun.jpg



Gold and silver bars.

With an air tag or GPS tracker embedded inside of them during the minting process, might be great, as a starting point.


Title: Re: BTC Silver and Gold
Post by: trendcoin on February 13, 2023, 05:45:15 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

All of these investment tools are in the solid money category for me. In fact, it basically doesn't matter which one I buy, but among them there are some that can bring high profits periodically. To explain briefly, it may be a better option to accumulate precious metals when there are chaotic situations in the global environment, and to buy Bitcoin when there are positive developments in the global environment. I can't see any difference between Bitcoin and gold. Of course, they have some advantages and disadvantages compared to each other, but both are solid money for me.


Title: Re: BTC Silver and Gold
Post by: panganib999 on February 13, 2023, 05:56:26 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I think I speak for everyone when I say that a majority of people in this forum, save for the newbs, I guess, holds some gold or silver on their stash. Robert Kiyosaki, a guy that I always depend on financial advice with, primarily because of his book rich dad poor dad that really helped open my eyes to financial literacy, has only praises to say about bitcoin, gold, and silver on his twitter account. Not that I'm a blind follower of his, but rarely does he fail when it comes to advising his followers on which assets to invest in. Anyways, yes I do hold a couple of silver and gold physically, I use them as part of my wardrobe too because for me gold becomes more valuable when it has history with it.


Title: Re: BTC Silver and Gold
Post by: Patrol69 on February 13, 2023, 06:06:42 PM
I don't know whether it have turned to be a circumstance or it is getting connected to the culture. In our country gold is given much priority, it can be jewellery as well as form of investment. Majority of the people have good volume of jewellery, because this is the one used as collateral when there is need of money. Bitcoin seems to be my choice, but it is quite hard to make people believe it. If it is gold, everyone simply accepts.
By now there are more people in the world who value gold than Bitcoin. We generally use gold in two ways one is gold we use it as jewelery and another we use it as an investment.  Many times it is seen that when the price of gold decreases a little, many people buy gold. But if they knew about Bitcoin then they would have bought Bitcoin instead of buying gold at that time. Because bitcoin investment can earn more profit than gold.


Title: Re: BTC Silver and Gold
Post by: examplens on February 13, 2023, 11:11:36 PM
I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.

the difference is when you buy a raw (bars) product or a final product that has additional value due to the way and quality of the final production. that is why an additional certificate is issued as a confirmation of the quality of the workmanship and the quality of the metal itself.
any jeweller can easily melt your bar and put his own serial number. I think I read somewhere on the forum that one user has prepared the equipment for this and occasionally buys precious metals and makes his own bars.


Title: Re: BTC Silver and Gold
Post by: Adbitco on February 13, 2023, 11:44:39 PM
Of lately i have been thinking of diversifying my portfolio to own at least some Gold, i don't know if is a good idea to sole depends on bitcoin, but however i have been able to invest in real estates and also some landed properties this is another major form of investment which doesn't fails nor fluctuate rather it keep increasing as the year goes although it doesn't increase exponentially as bitcoin does but is gradually. I will take a rethink and bumper into Gold the more or Silver.


Title: Re: BTC Silver and Gold
Post by: makishart on February 13, 2023, 11:57:55 PM
A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.

https://i.postimg.cc/1t63DMwn/Screen-Shot-2023-02-14-at-06-56-28.png

https://goldprice.org/gold-price-chart.html


Title: Re: BTC Silver and Gold
Post by: ChiBitCTy on February 14, 2023, 01:04:23 AM
Stacking and coin collecting is for complete nerds  :D  You already know how I feel about this topic.  As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver.  So I'm constantly having to have that conversation of the importance of diversification  and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.

A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.

https://i.postimg.cc/1t63DMwn/Screen-Shot-2023-02-14-at-06-56-28.png

https://goldprice.org/gold-price-chart.html

"I personally thinking that if precious metal should not become my main investment".  It definitely shouldn't.  It should only be a piece of the pie, so to speak.  Almost any proper portfolio (exception apply) should mainly be supported by traditional equity investments such as mutual funds/ETFs etc.   

Gold also isn't necessarily better than real estate. They are two different types of assets. Real Estate has often carries a higher chance for growth, whether investing directly or indirectly such as in products/funds like REITS.




Title: Re: BTC Silver and Gold
Post by: Hispo on February 14, 2023, 01:06:24 AM
-snip-

Yup me too, I am all in on Bitcoin.
And I was also looking at Gold bullion a few years ago but after doing some research
found out that there are very convincing counterfeits of reputable manufacturers like
PAMP. If I can find that info I will edit this post.

Anyway, Bitcoin is real, my Bitcoin cant be copied, its easily transported and transferred,
its the top performing "asset", I cant see an alternative.

Interesting coincidence, about the time I was starting to get into Bitcoin there was an scandal about some Chinese bankers discovering some of their gold bars to have a core of tungsten... In retrospective, if some people out there can fool bankers, then they have a good chance to fool me as well, even for small quantities.

As you said, with Bitcoin there is no chance of dealing with counterfeits and moving one's saving is as easy as memorizing/hiding the keys.  :)


Title: Re: BTC Silver and Gold
Post by: philipma1957 on February 14, 2023, 01:20:13 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do some silver.

There we go! Do you buy silver often? How can you not own at least some? It’s an excellent store of value.

my wealth in no order

us gov bonds
real estate
silver
btc
ltc
doge
gpus
asics for mining btc
asics for mining ltc/doge

But I am an old guy 1957 + 66 = 2023.

So at 66 I don't think past 93 which is 27 years.

If I was a young guy say 30.

I would be way more into:

 Doge, BTC and LTC

of mined coins in 50 years I favor Doge more than LTC or BTC


Title: Re: BTC Silver and Gold
Post by: TheGreatPython on February 14, 2023, 09:45:53 AM
Stacking and coin collecting is for complete nerds  :D  You already know how I feel about this topic.  As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver.  So I'm constantly having to have that conversation of the importance of diversification  and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.
I think I know why you say nerd. That is because you find cryptos too technical right? Yes they are when compare to traditional investments like gold and silver but still, any investments might require a knowledge specifically into the financial field, this is why some just consult into a financial advisor.

For us who can't afford it, we still can do our research online and one of the things that we can learn is putting all eggs in one basket is too risky but diversification can be better. Different assets have a different ability. Gold and silver for example are much stable than Bitcoin but the profit potential with them can also be slower or lesser. Sometimes knowing our preference helps us to pick up if what asset will fit for us.


Title: Re: BTC Silver and Gold
Post by: Wong Gendheng on February 14, 2023, 03:05:04 PM
I don't have a gold and silver stock, and bitcoin that I save today is worth around $ 2400, the last time I bought Bitcoin is the end of last year when the price is $ 17k, but the most expensive I once bought when the price of $ 52K, I will make bitcoin as the main investment rather than gold and silver because I'm sure we can get a bigger increase with bitcoin.


Title: Re: BTC Silver and Gold
Post by: iv4n on February 14, 2023, 06:14:04 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.


Title: Re: BTC Silver and Gold
Post by: Pejoh Asu on February 15, 2023, 06:31:07 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.


In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.


Title: Re: BTC Silver and Gold
Post by: cafee_orange on February 15, 2023, 08:18:06 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I previously saved in gold when what I got from the Bounty prize, but this will be the last thing I will do. I don't think it's important to keep the value of assets in the form of gold, it's better in the future I just put it in Stablecoins like in Tether USDT. by putting it there according to me it is more flexible in monitoring.


Title: Re: BTC Silver and Gold
Post by: Minor Miner on February 15, 2023, 08:33:01 AM
I don't know whether it have turned to be a circumstance or it is getting connected to the culture. In our country gold is given much priority, it can be jewellery as well as form of investment. Majority of the people have good volume of jewellery, because this is the one used as collateral when there is need of money. Bitcoin seems to be my choice, but it is quite hard to make people believe it. If it is gold, everyone simply accepts.
By now there are more people in the world who value gold than Bitcoin. We generally use gold in two ways one is gold we use it as jewelery and another we use it as an investment.  Many times it is seen that when the price of gold decreases a little, many people buy gold. But if they knew about Bitcoin then they would have bought Bitcoin instead of buying gold at that time. Because bitcoin investment can earn more profit than gold.

Bitcoin is more profitable than gold but riskier than gold. Big investors and billionaires still choose gold to invest in, they don't select bitcoin because it is still an extremely risky asset. We are investing in bitcoin because we take risks for high returns, and people with a lot of money they want to be safe. To be honest, I am investing most of my assets in bitcoin. I only allocate a bit in gold because I want to make a lot of money quickly and hit the target, I will still move most of my wealth to gold, gold is still safer, and that's true.


Title: Re: BTC Silver and Gold
Post by: pantek talacuik on February 15, 2023, 02:26:33 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.


In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.


Title: Re: BTC Silver and Gold
Post by: lepbagong on February 15, 2023, 02:57:05 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.


In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.
agree, because patience will be able to dampen everything that is self-defeating in every action that will be taken, which will result in being able to take the wrong policy, especially in every investment made.

but I myself am more familiar with investing in gold and for silver I have never done it and don't know the ins and outs, obviously I don't understand, I am more familiar with bitcoin.

it is clear that bitcoin is more promising than gold and silver, but bitcoin does take a very long time and it is clear that bitcoin is a long-term investment.


Title: Re: BTC Silver and Gold
Post by: CoinEraser on February 15, 2023, 03:20:06 PM
I am not interested in gold or silver, so I don't have any... -snip-
It doesn't look any different for me. Gold and silver have never been of interest to me, which is why I haven't invested in them. For me, cryptocurrencies are simply more interesting and that’s why bitcoins and altcoins got me hooked right from the start. Unfortunately, I can't say why that is. I wouldn't say it's because of my age, since I'm not the youngest anymore either. I believe the opportunities offered by bitcoin are worth more to me than gold or silver.

Maybe it's also because you can be easily cheated with gold or silver if you don't know anything about it. That just doesn't work with bitcoins. A coin on the blockchain is and remains a coin and cannot be counterfeited. It gives me a sense of security that gold or silver just can't offer.  :)


Title: Re: Invest vs speculate
Post by: STT on February 15, 2023, 09:53:18 PM
A point people might be missing which can apply to crypto also is that holding a commodity does not qualify as investment.   I can buy and keep a barrel of oil but Im not an investor, Im a commodity speculator or possibly I will just use this barrel of oil myself but there is also cost to holding a commodity.
   Imo BTC is much like a commodity which we know is in demand with good prospects but it doesnt accumulate value all by itself, the market itself must grow and usage by various parties big and small.   Gold is definitely a growth sector, its been in net purchase by central banks for a couple decades now.   The price still massively varies and may not profit people who can only hold it for a couple years.


Title: Re: BTC Silver and Gold
Post by: Lubang Bawah on February 16, 2023, 02:16:17 AM
I think the profit potential of bitcoin is higher than gold and silver. today bitcoin is up more than 12% and getting close to $25k, I believe this week the price will touch $25k after almost 8 months under $25k, surely this is the price that will make the trust increase and will continue to increase, and I'm even more optimistic about holding bitcoin because I'm sure this year I can pass the ATH that happened 2 years ago.


Title: Re: BTC Silver and Gold
Post by: tread93 on February 16, 2023, 05:57:01 AM
Stacking and coin collecting is for complete nerds  :D  You already know how I feel about this topic.  As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver.  So I'm constantly having to have that conversation of the importance of diversification  and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.

A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.

https://i.postimg.cc/1t63DMwn/Screen-Shot-2023-02-14-at-06-56-28.png

https://goldprice.org/gold-price-chart.html

"I personally thinking that if precious metal should not become my main investment".  It definitely shouldn't.  It should only be a piece of the pie, so to speak.  Almost any proper portfolio (exception apply) should mainly be supported by traditional equity investments such as mutual funds/ETFs etc.   

Gold also isn't necessarily better than real estate. They are two different types of assets. Real Estate has often carries a higher chance for growth, whether investing directly or indirectly such as in products/funds like REITS.




Great write up m8! And you know me, I am a complete nerd when it comes to this stuff  8) Do you think gold will get to 3k per ounce at some point in the near future if inflation keeps raising at the crazy rate that it does? What do you think silver price will go up to? BTC obi going up to like 1 mil per coin soooooo shoot man just disregard this whole post and just stack SATSSSSSSS ya feel? hahaahah jk. I think it makes a lot of sense to diversify, to your point. I know that must be a fun conversation to have with your clients....


Title: Re: BTC Silver and Gold
Post by: crypticj on February 16, 2023, 06:49:03 AM
Silver will perform great in the next few years and demand for it will be rising so it's a good idea to invest in it right now.


Title: Re: BTC Silver and Gold
Post by: cafee_orange on February 16, 2023, 08:17:48 AM
I think the profit potential of bitcoin is higher than gold and silver. today bitcoin is up more than 12% and getting close to $25k, I believe this week the price will touch $25k after almost 8 months under $25k, surely this is the price that will make the trust increase and will continue to increase, and I'm even more optimistic about holding bitcoin because I'm sure this year I can pass the ATH that happened 2 years ago.

yes, i agree with you. seeing the potential profits derived from bitcoin then allows someone to forget about gold and silver.
the profit that can be obtained from gold and silver is not as big as the profit that Bitcoin can provide. I prefer the advantages that Bitcoin provides


Title: Re: BTC Silver and Gold
Post by: chmod755 on February 16, 2023, 08:39:08 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do have some physical gold, silver, and platinum. The best part is that you can buy precious metals with crypto.

This was my way:

Example: $1000 in crypto

If it gains 100% I have $2000 in crypto -> then I use half of that to buy precious metals -> I still have $1000 in crypto plus $1000 in precious metal, also if I used crypto to buy the precious metal I support the crypto economy.


Title: Re: BTC Silver and Gold
Post by: Cookdata on February 16, 2023, 02:45:46 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

For what exactly, if you had held Gold from last year 16 of February to 16 of February of this year, you will have gained just nothing, if you bought in the last 5 years, you will have earned $500 dollar, now, if you compare inflation rate in the last 5 years with the increased price, you would have only gained a sandwich meal for a day, what is now the essence of holding them, I don't want to go to how silver has performed in the last 5 years but let us look at Bitcoin; if you have bought bitcoin on February 16, 2019, which is 5 years ago, despite the market collapse, that's roughly sweet 7x from your investment at the current price of bitcoin.


Title: Re: BTC Silver and Gold
Post by: pantek talacuik on February 16, 2023, 04:19:57 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.


In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.
agree, because patience will be able to dampen everything that is self-defeating in every action that will be taken, which will result in being able to take the wrong policy, especially in every investment made.

but I myself am more familiar with investing in gold and for silver I have never done it and don't know the ins and outs, obviously I don't understand, I am more familiar with bitcoin.

it is clear that bitcoin is more promising than gold and silver, but bitcoin does take a very long time and it is clear that bitcoin is a long-term investment.

What makes you so sure that Bitcoin is very promising in the future than gold and silver? even though Bitcoin was only a few years ago in the world while gold was known from the stone age. You should convince gold is better than all of this it's just that gold has a very slow movement forward.


Title: Re: BTC Silver and Gold
Post by: tread93 on February 17, 2023, 04:54:50 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do have some physical gold, silver, and platinum. The best part is that you can buy precious metals with crypto.

This was my way:

Example: $1000 in crypto

If it gains 100% I have $2000 in crypto -> then I use half of that to buy precious metals -> I still have $1000 in crypto plus $1000 in precious metal, also if I used crypto to buy the precious metal I support the crypto economy.

I do think it’s pretty sick that you can go to any precious metals exchange and buy gold silver or platinum for Bitcoin. All of them accept Bitcoin, some accept other cryptos I think.


Title: Re: BTC Silver and Gold
Post by: SirLancelot on February 17, 2023, 08:29:19 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
We are in bitcointalk, not goldtalk, not silvertalk, not even preciousmetalstalk, we are in bitcointalk. This is why it is normal for people here to say that they are a lot more interested in bitcoin than other things, doesn't matter if it is stocks, gold, silver, ruby, oil, futures, whatever it is, we will prefer bitcoin over any of the others because this is the place for bitcoin and will stay like that.

I think it is quite important that we focus on how we could make money from bitcoin, the thing we know and love, over any other because that would be a whole new ball game and we would need to learn a lot of new things to move from here to there, which is why learning more about bitcoin is easier.


Title: Re: BTC Silver and Gold
Post by: erep on February 17, 2023, 09:06:40 PM
For what exactly, if you had held Gold from last year 16 of February to 16 of February of this year, you will have gained just nothing, if you bought in the last 5 years, you will have earned $500 dollar, now, if you compare inflation rate in the last 5 years with the increased price, you would have only gained a sandwich meal for a day, what is now the essence of holding them, I don't want to go to how silver has performed in the last 5 years but let us look at Bitcoin; if you have bought bitcoin on February 16, 2019, which is 5 years ago, despite the market collapse, that's roughly sweet 7x from your investment at the current price of bitcoin.
Although the high profit from investing in bitcoin but actually investing in gold for large amounts is also profitable in the next few years even though the profit is not very high but the profit is certainty, I am not comparing the second investment but I have both of them in the current investment, so if bitcoin decreases then I will review the movement of gold to remove the saturation from the movement of the crypto market.


Title: Re: BTC Silver and Gold
Post by: zaki12 on February 17, 2023, 09:45:50 PM
Silver will perform great in the next few years and demand for it will be rising so it's a good idea to invest in it right now.
I will continue to shift half of my monthly savings goal to metals, especially silver. The other half will go into Bitcoin, at least for the rest of the year. (Note: I already have an emergency fiat fund. like it or not, we still have to deal with the current system). Nothing is getting cheaper. I don't anticipate anything will for a while.


Title: Re: BTC Silver and Gold
Post by: Fivestar4everMVP on February 17, 2023, 10:12:56 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
LOL, the though of buying silver and gold have never come to me, this is because if ever I want to buy gold or silver, I would prefer to buy the real gold and silver, not the digitalized type, I know that crypto have made it possible to easily by and hold gold and silver, as there are several projects that have crypto assets pegged to gold, as well as silver, example is Paxos Gold, buying this type of asset is still the same as buying crypto, so doesn't make any sense to me, if I ever want to buy and hold gold or silver, I would go for the real gold, but one of the discouraging factors is the processes involved.


Title: Re: BTC Silver and Gold
Post by: bitgolden on February 19, 2023, 09:19:00 PM
Silver will perform great in the next few years and demand for it will be rising so it's a good idea to invest in it right now.
I will continue to shift half of my monthly savings goal to metals, especially silver. The other half will go into Bitcoin, at least for the rest of the year.
Not just you but I am seeing lot of people are preferring silver over gold but in my assumption gold's appreciating rate is higher than silver but definitely gold is not performing like bitcoin but for diversification purposes I agree we all need to go for more options beyond bitcoins regardless of its appreciating rate.

Honestly I am saving bitcoin and some gold but not regularly in gold but I do invest in bitcoin regularly regardless of its price level because I am believing more into bitcoin and for diversification reasons I prefer gold and real estate but real estate is something that we cannot do every month.


Title: Re: BTC Silver and Gold
Post by: molsewid on February 19, 2023, 10:28:04 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
Personally, I don't have any gold and silver since I am not interested in that thing. So I only have bitcoin, it is kinda small in amount since I don't have the ability to buy more now. Some other people tend to buy more gold since gold has a stable price as time passes by and actually it increases over time. Maybe if I will have extra money in the future I will buy some as well.


Title: Re: BTC Silver and Gold
Post by: ivankoh on February 19, 2023, 11:16:10 PM
I like gold, silver and more like bitcoin but right now my conditions only allow to diversify all of them.  I just spend my savings every month to buy bitcoins.  Gold and silver are two stores of value, a popular medium of exchange for more than 1000 years in all parts of the world and in all civilizations.  volatility of gold is 1/5th that of bitcoin.  Gold and silver are also listed as inflation-resistant haven assets like bitcoin.  My expectation is that there will be a larger reserve fund to diversify gold, silver and bitcoin.


Title: Re: BTC Silver and Gold
Post by: STT on February 19, 2023, 11:33:17 PM
Quote
you would have only gained

You arent actually supposed to gain anything at all for a hold gold, why should you gain.  They mine more gold every day and the vast majority of it is recycled if ever used it will be available in future so supply is never destroyed as most commodities are.
The other point from saying gold has gained little is yes its still very cheap relative to where it could move, there is an obvious imbalance in the world that has value misattributed in many places.  Gold is easily arguable as something that will rise in future but to just hold it is not something that yields a gain or profit directly.  I see gold as insurance and it costs to buy, ideally you would always move perfectly and gain elsewhere but its safer then FIAT cash to hold long term imo hence useful


Title: Re: BTC Silver and Gold
Post by: spectre71 on February 20, 2023, 03:42:07 PM
Having lived and worked in silicon valley during the dot com bomb, I have learned to give ANY investment a haircut (diversify/hedge outside the sector) when it get rowdy to secure one's gains.

There are bullion dealers who take crypto and you never have to touch the banking system.

BRICS will form and be backed by gold, I think it inevitable because we have trashed the petro dollar. So this could be a boom for gold.

My local coin shop will give a loan against metals as well as cash it in. Additionally they can take in a 100oz bar cash in 20 and give you 80oz back.

A few states are considering legalizing gold and silver at legal currency, that should incite some thought for all.

If when shtf it's allot easier to barter in cash and metal than BTC. Think of the on and off ramps of BTC to be broken, then what?


Title: Re: BTC Silver and Gold
Post by: The Sceptical Chymist on February 20, 2023, 10:59:10 PM
Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.
I don't know...even if you inscribed a serial number on a bar, I'm sure it still wouldn't satisfy those who'd claim it could have been altered or whatever.  Plus there are people who don't want any way for their metals to be traced--I think that's why some bars have serial numbers and some don't.

I haven't read the whole thread yet, but some of the silver bars by Geiger are absolutely beautiful and come with serial numbers and some kind of ink over them with which you can verify authenticity (they claim) using a black light.  It's just too damn bad the premium is so high for the Geiger brand stuff.

And yeah, I've been into metals since right before the big crash in 2011.  Fortunately I also didn't have money then and thus didn't go hog wild only to then see all that value disappear in the years after the crash.  And what a slow but steady decline it was.  Anyone here remember that?


Title: Re: BTC Silver and Gold
Post by: samcoin on February 22, 2023, 09:52:47 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

Diversification is good, but the problem with gold and silver lies in the storing process, as most people don't feel safe storing it at home or in any other place. I recently thought of buying some PAX gold, yet the case PAXOS is facing stopped me for a while as I don't know the effect PAXG will have or if it will continue working. However, I personally feel safer when buying tokenized gold tokens than storing physical gold.


Title: Re: BTC Silver and Gold
Post by: Vishnu.Reang on April 30, 2023, 09:12:27 AM
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like  to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.


Title: Re: BTC Silver and Gold
Post by: Minecache on April 30, 2023, 11:27:57 AM
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like  to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

I don't invest in silver, but I also see more investors starting to pay attention to it than gold, but in terms of returns, neither gold nor silver can be compared to bitcoin. While bitcoin would be the riskiest when comparing all three, its return is commensurate with the risk we take. Moreover, why don't we diversify? We should invest in 2 or 3 assets and never just invest in a single asset, including gold. I'm investing in bitcoin and gold, but I want to take risks for bigger rewards, so I prioritize bitcoin over gold in my portfolio.


Title: Re: BTC Silver and Gold
Post by: rby on April 30, 2023, 11:51:09 AM
A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.

https://i.postimg.cc/1t63DMwn/Screen-Shot-2023-02-14-at-06-56-28.png

https://goldprice.org/gold-price-chart.html
Looking at the graphical representation of gold price over the years, you will understand that gold has been on overall bull run since discovery. But it doesn't give high RoI and such it could be greatly regarded as a hedge for inflation.
While as against your opinion, I would  not agree that Gold is a more investment method than Real estate.
While Real Estate will also protect you from inflation, it can also give a reasonable amount of returns within  a period of time.
My investment is in bitcoin and I am planing to diversify after halving and that will be in real estate and not gold nor silver.


Title: Re: BTC Silver and Gold
Post by: summonerrk on April 30, 2023, 12:31:37 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

Since the beginning of the year, gold has grown by 8 percent. Nevertheless, if you decide to buy it now, it will be a good investment - after all, gold is one of the main shelters during inflation.
Now the whole world continues to adapt to the withdrawal from the Russian markets, import and export chains are being redirected, and the economy of the whole world is adapting. So these are unstable times.

Nevertheless, I have never considered and will not consider gold as an investment. Why? It is better to find another promising coin, like TON, and invest money in it.


Title: Re: BTC Silver and Gold
Post by: MarjorieZimmermanGinger on April 30, 2023, 01:01:27 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
There is an interesting story about gold then and now in my family. In the past, my parents were one of the people who liked to buy gold the most and have been saving it for decades. Trust in gold is very big in my family and in almost many people around us. Gold has the ability to retain value and is almost the same as bitcoin, but the difference is that gold is slow to generate large profits like bitcoin, so investing in gold will take a long time to generate large returns.

I am one of those people who often listens to advice about buying gold to keep in the family, but I also chose another path and entrusted bitcoin as an investment that I am in and it is proven that now my assets are increasing. My wife is still very enthusiastic whenever asked to buy gold for her, but usually I will adjust some of the profits from bitcoin to buy a little gold to save.


Title: Re: BTC Silver and Gold
Post by: Wind_FURY on May 01, 2023, 03:59:07 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

Since the beginning of the year, gold has grown by 8 percent. Nevertheless, if you decide to buy it now, it will be a good investment - after all, gold is one of the main shelters during inflation.

Now the whole world continues to adapt to the withdrawal from the Russian markets, import and export chains are being redirected, and the economy of the whole world is adapting. So these are unstable times.


Because most of the Central Banks from different regions of the world have started buying and HODLing Gold. The older generation says that if Central Banks start doing it, we should expect another large-scale war. The question is Russia. If Putin's invasion of Ukraine is a success, what would stop him from invading another former Soviet Union region?

Quote

Nevertheless, I have never considered and will not consider gold as an investment. Why? It is better to find another promising coin, like TON, and invest money in it.


TON? That shitcoin is better than Gold? Hahaha. Your post wants me to join Peter Schiff and become Gold Bug.


Title: Re: BTC Silver and Gold
Post by: South Park on May 01, 2023, 06:14:18 PM
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like  to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

I don't invest in silver, but I also see more investors starting to pay attention to it than gold, but in terms of returns, neither gold nor silver can be compared to bitcoin. While bitcoin would be the riskiest when comparing all three, its return is commensurate with the risk we take. Moreover, why don't we diversify? We should invest in 2 or 3 assets and never just invest in a single asset, including gold. I'm investing in bitcoin and gold, but I want to take risks for bigger rewards, so I prioritize bitcoin over gold in my portfolio.
Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.


Title: Re: BTC Silver and Gold
Post by: TheGreatPython on May 02, 2023, 05:21:23 AM
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like  to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.
Silver can be good, but I find gold to be better than that and if I was to invest in something apart from Bitcoin, it will probably be gold since I can clearly see the rate of gold rising very quickly within months that I understand how much my investment will be worth if I buy and store gold for maybe about 5 to 7 years from now even a decade.

If someone has more wealth, they should probably go for real estate as well if they are looking for an edge against inflation, the prices of properties tend to increase more when there is inflation within a country.


Title: Re: BTC Silver and Gold
Post by: Sir Legend on May 02, 2023, 07:02:48 AM
In my opinion, dividing money into many types of investments is a safer and more profitable thing, if there is an investment that drops, we can still rely on others, and of course the biggest portion at the moment, in my opinion, is bitcoin, this is because of the short-term potential or less than a year from bitcoin is very good compared to gold and silver.


Title: Re: BTC Silver and Gold
Post by: Andrija Branislav on May 02, 2023, 03:51:22 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

That is sure! Gold and silver as a hedge against inflation. Precious metals such as gold and silver have traditionally been viewed as a store of value, and can retain their value even during times of economic uncertainty but I know a thing or two. Some people stack gold and silver alongside BTC as a hedge against inflation, while others prefer to stick with one asset class. So if someone is feeling fancy and looking to hedge their bets, why not stockpile some precious metals alongside BTC?


Title: Re: BTC Silver and Gold
Post by: Wind_FURY on May 02, 2023, 03:58:06 PM
In my opinion, dividing money into many types of investments is a safer and more profitable thing, if there is an investment that drops, we can still rely on others, and of course the biggest portion at the moment, in my opinion, is bitcoin, this is because of the short-term potential or less than a year from bitcoin is very good compared to gold and silver.


In the U.S., that's actually not a bad suggestion, BUT in the context of the possibility of a financial/currency crisis, HODL Bitcoin and something physical like Gold and Silver.

There are politicians who want go raise the government's debt ceiling to "pay for their debt". The truth is, they have never paid for their debt. They are already $31 TRILLION in debt, and it's only growing. They keep borrowing money printed for them by the Federal Reserve, and they want continue this death cycle without any concern for the future.


Title: Re: BTC Silver and Gold
Post by: Altryist on May 02, 2023, 04:49:47 PM
Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.
Gold and silver are not the only existing alternatives to bitcoin. I prefer to invest part of my free money on business development, it can be small grocery stores, because people will always want to eat, and it can be premises for commercial purposes, since people will always try to do something and for this they need premises . Gold can also be a good alternative or addition, but I don't know who in my circle would seriously buy gold for investment.


Title: Re: BTC Silver and Gold
Post by: Faisal2202 on May 02, 2023, 05:46:12 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I don't, Why? the reason is simple they have less profit ratio than BTC and it's hard to secure them in person at places like mine where theft is common. but in the long run, I think BTC has more potential to give more profits rather than gold and silver, if a big pile of gold is discovered in the future it will increase the supply and will decrease the rates at the regional level (If I am not wrong). But BTC will keep its scarcity as it has a fixed supply and in the big run it will provide a main hedge against inflation plus the future is moving toward digitalization and transparency.

Old minds, controlling most of the money in this world are against moves that are in support of digitalization, so, AFAIK, total digitalization could occur around 2050 and once it will happen, Digital currency like BTC will have more potential than Gold and silver. Plus BTC has the international market to which you can access easily while you can sell your gold to a regional shop or anywhere in your country. This decreases the chance of best buying and selling while BTC is globally available and you can sell them from anywhere. The point is if the economic situation of one country like if mine, goes down then the prices will of gold and silver will be high but BTC will not be manipulated by my country's economy + there will be less buying if such a situation occurred as people with fiat will be left with less value as per there money. While in BTC, my country's economy doesn't matter and BTC will keep its prices stable even if things happen then it's an international market where demand and supply will never end instead in a single country it will be restricted.


Title: Re: BTC Silver and Gold
Post by: Dalib on May 02, 2023, 05:54:04 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do not store gold and silver.

Firstly, my finances do not allow me to own them.

Secondly, they have lower investment potential than BTC.

Thirdly, they have very high value.

Meanwhile, with BTC or cryptocurrency, you only need a very small amount of money to own them.


Title: Re: BTC Silver and Gold
Post by: Poker Player on May 03, 2023, 03:45:55 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I have a gold bar of a few grams and may buy another one soon, although I think every day Bitcoin shows itself as an improved digital gold and that being the case, there is not much point in accumulating gold if you don't accumulate much more Bitcoin. But I believe that gold, unlike other objects that have been replaced and practically made to disappear by their digital versions (like paper maps) will continue to have a future because of its use in jewelry or industry that cannot be replaced by its digital version.


Title: Re: BTC Silver and Gold
Post by: Ani1985 on May 03, 2023, 04:44:36 AM
Gold and silver is a safe type of investment because of low price fluctuations, almost all commodity prices always use gold and silver as a reference, in my opinion gold and silver is suitable for those who have millions of dollars, while I prefer bitcoin because I hope to make hundreds of profits percent in a year or less.


Title: Re: BTC Silver and Gold
Post by: uswa56 on May 03, 2023, 06:32:02 AM
Gold and silver is a safe type of investment because of low price fluctuations, almost all commodity prices always use gold and silver as a reference, in my opinion gold and silver is suitable for those who have millions of dollars, while I prefer bitcoin because I hope to make hundreds of profits percent in a year or less.
a lot of people who don't have a lot of money choose to invest in Bitcoin in the hope of getting bigger profits but I think it's quite worth it with all the risks that will be faced, it's not wrong indeed but the risk of losing a lot of the money we have is big enough so I think it would be better if the two options were used for long-term investment, Gold and silver for safe investment and Bitcoin for profit, all of which can still be done together with the same or different percentages.


Title: Re: BTC Silver and Gold
Post by: Sithara007 on May 03, 2023, 07:21:38 AM
Almost 60% of my net wealth is in the form of Bitcoin and other cryptocurrencies (that is mostly because I made my investments back in 2014, when the Bitcoin prices were very low). However, at this point around 4% of my wealth is in gold (mostly gold ETF, a small fraction in the form of physical gold coins). I have a few bars of silver with me, but I have never invested in that metal seriously. At this point, my silver holdings are around 0.01% of my net wealth. I am thinking about increasing my gold stocks. But now the prices have gone up by quite a lot.


Title: Re: BTC Silver and Gold
Post by: Minecache on May 03, 2023, 07:30:38 AM
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. In such times I would like  to invest in Silver. It is performing well next few years it's demand will rise because in the industrial sector is likely to grow amid the electrification of vehicles, 5G technology, and commitment to green infrastructure. ''Electrification of vehicles, 5G technology and green infrastructure'' this things are very important for development in sustainable way.

I don't invest in silver, but I also see more investors starting to pay attention to it than gold, but in terms of returns, neither gold nor silver can be compared to bitcoin. While bitcoin would be the riskiest when comparing all three, its return is commensurate with the risk we take. Moreover, why don't we diversify? We should invest in 2 or 3 assets and never just invest in a single asset, including gold. I'm investing in bitcoin and gold, but I want to take risks for bigger rewards, so I prioritize bitcoin over gold in my portfolio.
Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.

The returns of the metals are not comparable to bitcoin, but they are also really a good investment in the long term. But for retail investors like us, investing in metals will not bring too much profit. I invest in gold because it's safe and it's just my backup plan, I don't put too much expectation on it because its volatility is not high.

You don't invest in any other assets and just focus on bitcoin? I think it's quite risky to focus on just one asset because we never know what will happen. Even if it's not bitcoin, we should diversify or have a plan B.


Title: Re: BTC Silver and Gold
Post by: 19Nov16 on May 03, 2023, 01:40:19 PM
Almost 60% of my net wealth is in the form of Bitcoin and other cryptocurrencies (that is mostly because I made my investments back in 2014, when the Bitcoin prices were very low). However, at this point around 4% of my wealth is in gold (mostly gold ETF, a small fraction in the form of physical gold coins). I have a few bars of silver with me, but I have never invested in that metal seriously. At this point, my silver holdings are around 0.01% of my net wealth. I am thinking about increasing my gold stocks. But now the prices have gone up by quite a lot.

Of course this is according to our considerations, keeping 60% of assets in bitcoin and altcoins, I have kept bitcoin assets with an amount of around 50% and it always makes me worried so I have to check prices frequently, if there is a daily decline of more than 5% then I will sell so this makes me tormented so that I leave only 10% of assets.


Title: Re: BTC Silver and Gold
Post by: Fara Chan on May 03, 2023, 02:16:50 PM
Of course this is according to our considerations, keeping 60% of assets in bitcoin and altcoins, I have kept bitcoin assets with an amount of around 50% and it always makes me worried so I have to check prices frequently, if there is a daily decline of more than 5% then I will sell so this makes me tormented so that I leave only 10% of assets.

It seems that your heart is not strong enough to hold Bitcoin for a long time so you still feel worried when you are holding a larger amount of Bitcoin. And because you still feel that way when holding the best crypto assets like Bitcoin, you are not suitable to be an investor and also not suitable to be a part-time trader because you will always be busy checking market prices which is basically not necessary.

And if you are still afraid of falling prices in the market, you better not hold any crypto assets of any size right now. Because it will be much better for you where you will live more comfortably without the need to spend time continuously checking prices in the market. But what's still strange here is why do you dare to keep 10% of your assets in crypto without checking the price? Even though it's not much different when you keep 50% of your assets in crypto.


Title: Re: BTC Silver and Gold
Post by: Wend on May 03, 2023, 02:53:00 PM
Almost 60% of my net wealth is in the form of Bitcoin and other cryptocurrencies (that is mostly because I made my investments back in 2014, when the Bitcoin prices were very low). However, at this point around 4% of my wealth is in gold (mostly gold ETF, a small fraction in the form of physical gold coins). I have a few bars of silver with me, but I have never invested in that metal seriously. At this point, my silver holdings are around 0.01% of my net wealth. I am thinking about increasing my gold stocks. But now the prices have gone up by quite a lot.

Of course this is according to our considerations, keeping 60% of assets in bitcoin and altcoins, I have kept bitcoin assets with an amount of around 50% and it always makes me worried so I have to check prices frequently, if there is a daily decline of more than 5% then I will sell so this makes me tormented so that I leave only 10% of assets.

Well, if you are not confident enough when investing in bitcoin, you shouldn't invest too much in it, it will give you more heartache than pleasure.
Bitcoin makes up more than 50% of my portfolio, but unlike you, I get more excited and will buy more every time bitcoin drops in price. I have never doubted bitcoin and have always been confident in my choices. I bought some bitcoins for $40k last year, but if I could wish, I still want bitcoins to fall more than rise.


Title: Re: BTC Silver and Gold
Post by: slapper on May 03, 2023, 03:06:25 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I don't, Why? the reason is simple they have less profit ratio than BTC and it's hard to secure them in person at places like mine where theft is common. but in the long run, I think BTC has more potential to give more profits rather than gold and silver, if a big pile of gold is discovered in the future it will increase the supply and will decrease the rates at the regional level (If I am not wrong). But BTC will keep its scarcity as it has a fixed supply and in the big run it will provide a main hedge against inflation plus the future is moving toward digitalization and transparency.

Old minds, controlling most of the money in this world are against moves that are in support of digitalization, so, AFAIK, total digitalization could occur around 2050 and once it will happen, Digital currency like BTC will have more potential than Gold and silver. Plus BTC has the international market to which you can access easily while you can sell your gold to a regional shop or anywhere in your country. This decreases the chance of best buying and selling while BTC is globally available and you can sell them from anywhere. The point is if the economic situation of one country like if mine, goes down then the prices will of gold and silver will be high but BTC will not be manipulated by my country's economy + there will be less buying if such a situation occurred as people with fiat will be left with less value as per there money. While in BTC, my country's economy doesn't matter and BTC will keep its prices stable even if things happen then it's an international market where demand and supply will never end instead in a single country it will be restricted.
Each to their own. BTC as an inflation shield is cool, but it's a wild ride. silver, gold? Ancient treasures that defy market fluctuations. BTC may provide short-term gains, but diversification into precious metals and other assets is best. BTC market globally? A mess. Risk tolerance matters. But I? Bitcoin resists inflation and the unknown, therefore I'll keep using it.


Title: Re: BTC Silver and Gold
Post by: jostorres on May 03, 2023, 03:14:24 PM
Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.
Gold may have very limited use cases but it is way more rare than Silver and that is the reason why there is a huge price difference between the two. I don't say that Silver is bad, it's also good as it is a useful metal and it has a lot of use cases as you mentioned, but it's not as scarce as Gold and that is the reason why it's cheaper than it.

If I was to invest money into one of these, I would most definitely go with gold since I know and I can clearly see that the price of gold is increasing rapidly and that has been the case for the whole history of its existence.


Title: Re: BTC Silver and Gold
Post by: Razmirraz on May 03, 2023, 03:37:53 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
Apart from investing in Bitcoin, I also bought a few grams of gold as a hedge, this I did nothing to do with inflation. I buy gold from the profits I get from investing in Bitcoin, the goal is that the profits I can freeze on assets that have a relatively stable value.
Selling gold is also very easy around where I live, in just 10 minutes it can be exchanged into money. While the Bitcoin that I have remains at authorized capital, if there is another opinion in real life, I will increase the investment amount if the Bitcoin price is suitable to buy.


Title: Re: BTC Silver and Gold
Post by: cydrix on May 03, 2023, 04:25:35 PM
It's Bitcoin! Other alternatives as well... I've reached the point in my life when I'm considering starting a side business, and cryptocurrency seems like the greatest choice. Simply said, I believe that cryptocurrencies, especially Bitcoin, are the wave of the future. I believe we are still in the early stages of crypto, but I also believe that fresh generations will further it. Younger generations, who all seem to be interested in technology and will ultimately begin learning about cryptocurrency... After over ten years of dealing with cryptocurrency, we will run into 18–20 year old "kids" who are more knowledgeable about it than we are.


Title: Re: BTC Silver and Gold
Post by: Swordsoffreedom on May 03, 2023, 11:43:59 PM
Personally I do not have the cash to redirect to precious metals at the moment, but they are a good long term investment, also do not underestimate silver, most of the uses of gold preserve the gold, as is the case of the minting of gold coins and jewelry, however silver is such an useful metal that is used on many industrial process which make it harder to recover, this increases its scarcity and this is a key component on the potential increase of value of an asset.
Gold may have very limited use cases but it is way more rare than Silver and that is the reason why there is a huge price difference between the two. I don't say that Silver is bad, it's also good as it is a useful metal and it has a lot of use cases as you mentioned, but it's not as scarce as Gold and that is the reason why it's cheaper than it.

If I was to invest money into one of these, I would most definitely go with gold since I know and I can clearly see that the price of gold is increasing rapidly and that has been the case for the whole history of its existence.

I also think that the price of gold in the coming years will continue to increase when the currency war between the superpowers, America, China, and Russia is intense, and countries are racing to hoard gold as much as possible. In the long term, this will stimulate gold prices to new ATH levels is not difficult. But to make a significant profit from investing in gold, we need to have a large amount of capital, and this is very difficult for individual investors like us. And that's also why I think people choose bitcoin over gold to invest.


Title: Re: BTC Silver and Gold
Post by: STT on May 03, 2023, 11:52:29 PM
Holding gold is not an especially dynamic or performing investment, it counters inflation to some extent because dollars are measured in gold not vice versa.  There is demand for gold at present so I would expect at least price of gold to rise with inflation possibly more but its not a massively performing asset like the hopes that go with crypto also it could be said safer in some ways though not carried personally clearly.
  In the world today we have a great demand for Dollars because of how economies are arranged, gold if anything is yet to rise with demand though there are net buyers for decades now its still  a market with growth though less then crypto imo.


Title: Re: BTC Silver and Gold
Post by: South Park on May 08, 2023, 05:34:24 AM
Holding gold is not an especially dynamic or performing investment, it counters inflation to some extent because dollars are measured in gold not vice versa.  There is demand for gold at present so I would expect at least price of gold to rise with inflation possibly more but its not a massively performing asset like the hopes that go with crypto also it could be said safer in some ways though not carried personally clearly.
  In the world today we have a great demand for Dollars because of how economies are arranged, gold if anything is yet to rise with demand though there are net buyers for decades now its still  a market with growth though less then crypto imo.
The problem for anyone which is thinking on investing on gold is that it can take decades before it presents an important movement, and not many people can hold their gold for that long without wanting to do something with that money, however if you are one of the lucky ones which is holding gold when it skyrockets the profits which it can give can be amazing as well, but now that bitcoin exists it seems possible this performance may not be as great as anticipated, as it possible that during that time bitcoin could also experiment an immense growth as well.


Title: Re: BTC Silver and Gold
Post by: usekevin on May 08, 2023, 06:08:05 AM
Bitcoin Silver and Gold had their own supporters in the market.But why did you choose the Bitcoin Gold or Bitcoin Silver,when the Bitcoin itself still available in the market.You can split the savings into three parts,that is 40,30,30.So inverse the 40 percentage into the bitcoin,the first 30 percentage into Bitcoin Gold and another 30 percentage into Bitcoin Silver.As like the bitcoin,this silver and gold survive in the market.But if you had huge investments for the longer time,you can choose the bitcoin.

Holding gold is not an especially dynamic or performing investment, it counters inflation to some extent because dollars are measured in gold not vice versa.  There is demand for gold at present so I would expect at least price of gold to rise with inflation possibly more but its not a massively performing asset like the hopes that go with crypto also it could be said safer in some ways though not carried personally clearly.
  In the world today we have a great demand for Dollars because of how economies are arranged, gold if anything is yet to rise with demand though there are net buyers for decades now its still  a market with growth though less then crypto imo.

The thread is based on the Bitcoin gold and Bitcoin silver and not based on the physical gold,Correct me if I was wrong.If the thread discussed with the gold and bitcoin,the trader should choose the gold for the longer period then the time expectation on bitcoin pump.The next halve of bitcoin was expected next year,So many old people keep their bitcoin for the next pump to get profit in the next year.Holding of bitcoin over a year will gives you ten times of profits as compared to now.


Title: Re: BTC Silver and Gold
Post by: STT on May 08, 2023, 07:17:18 AM
Always hold both I would argue, never be tempted to hold all of what appears to be moving fastest or the largest gains though thats more possible when you have little to lose in the first place.
Quote
it can take decades before it presents an important movement
Gold fell from 2011 onwards near to the end of the decade, so almost the entire time it could be skipped as any profitable asset.   I would still argue it was fair to hold as a kind of insurance or absolute fallback, the balance for gold is maybe 1% to 10% of total asset value for a person.   The correct frame work would be as a pension related asset, since you cannot reliably save plain cash for retirement gold is best kept in most peoples portfolios for at least the long term.   I think gold works in 1 decade movements and also it can taken an entire decade for a new gold mine to be established.  If there is any sustained rise in demand it would require substantial investment to return new sources of any size which is where the profits are likely to come from an imbalance.
  BTC is completely fixed in supply but is subject to greater speculation where as gold is used as a central bank asset and has been in net purchase by central banks since the start of the century even while price was falling that was true


Title: Re: BTC Silver and Gold
Post by: Cryptmuster on May 08, 2023, 07:54:28 AM
The problem for anyone which is thinking on investing on gold is that it can take decades before it presents an important movement, and not many people can hold their gold for that long without wanting to do something with that money, however if you are one of the lucky ones which is holding gold when it skyrockets the profits which it can give can be amazing as well, but now that bitcoin exists it seems possible this performance may not be as great as anticipated, as it possible that during that time bitcoin could also experiment an immense growth as well.

Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.


Title: Re: BTC Silver and Gold
Post by: Sithara007 on May 09, 2023, 05:06:24 AM
Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.

What do you mean by same level? This is not an apple to apple comparison. How can you compare a digital asset, with a physical asset? The only accurate correlation that can be made is by comparing the market cap of these two assets. But even then, the market cap for gold is difficult to calculate. Huge quantities of gold is present in earth's crust, that is of low quality and therefore having little economic sense in extracting. On the other hand, we know the market cap of Bitcoin, since it is minted as per the principle of controlled supply.


Title: Re: BTC Silver and Gold
Post by: SirLancelot on May 10, 2023, 08:52:09 AM
Did you not think that one day bitcoin will also reach the same level as gold and in order to get a profit from investing in bitcoin it will also take a very long time before we see growth, and the choice of the right time to invest too will play an important role? I do not yet know of any type of asset that could show a very large increase in price over the constant time of its existence.
What do you mean by same level? This is not an apple to apple comparison. How can you compare a digital asset, with a physical asset? The only accurate correlation that can be made is by comparing the market cap of these two assets. But even then, the market cap for gold is difficult to calculate. Huge quantities of gold is present in earth's crust, that is of low quality and therefore having little economic sense in extracting. On the other hand, we know the market cap of Bitcoin, since it is minted as per the principle of controlled supply.
Maybe he's referring to the adoption and stability level of gold? But gold isn't stable at all, it might not be as volatile as Bitcoin but it surely is, so technically, it doesn't take as long for Bitcoin to generate profits as it takes gold since it grows gradually. The only big difference between the growth of these two is gold's price doesn't crash as much as Bitcoin's.

So someone who invests in Bitcoin might see their money going down for a while and then going up again later on, while if you are invested in gold, you will simply see a gradual growth which might be slow but is authentic.


Title: Re: BTC Silver and Gold
Post by: Freddie Boyer on May 10, 2023, 09:23:36 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

One more don't forget  OP, is the Dollar. Gold, silver and Bitcoin have all traditionally been seen as safe havens during times of inflation, the US Dollar has also historically played a role in protecting against inflation. So whether it's gold, silver, Bitcoin or Dollars, make sure you have a balanced portfolio to weather any economic storm and their fourth Lovebird.


Title: Re: BTC Silver and Gold
Post by: Litzki1990 on May 10, 2023, 09:33:02 AM
Right now I have some BTC and some gold stockpiled. Gold I have stored in such a way that I will never sell my gold because I got this gold as a gift and I don't want to sell these gift items. But I have some plans around the amount of bitcoins I have stockpiled. I hold my bitcoins for a certain period of time and when the certain time comes or my target is met I will sell my bitcoins.


Title: Re: BTC Silver and Gold
Post by: yohananaomi on May 10, 2023, 12:34:15 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

One more don't forget  OP, is the Dollar. Gold, silver and Bitcoin have all traditionally been seen as safe havens during times of inflation, the US Dollar has also historically played a role in protecting against inflation. So whether it's gold, silver, Bitcoin or Dollars, make sure you have a balanced portfolio to weather any economic storm and their fourth Lovebird.
all clearly do not doubt it as friend above said, especially very important in avoiding inflation situations that will occur. but there will be a difference in the value that will be obtained in the end when made into deposits, especially for the long term, it is clear that bitcoin will be superior compared to the others. but in the end everything is returned to the individuals who will indeed do it because it is equally good to be stored and developed in due time.


Title: Re: BTC Silver and Gold
Post by: gaston castano on May 10, 2023, 12:50:33 PM
Gold, silver, and BTC are all considered by some as hedges against inflation, but they have different characteristics and potential risks. Gold and silver have been used as stores of value for centuries, and their value tends to rise during times of economic uncertainty or high inflation. BTC, on the other hand, is a relatively new asset that has gained popularity as a decentralized digital currency and store of value.


Title: Re: BTC Silver and Gold
Post by: Paul Pogba on May 10, 2023, 12:56:02 PM
As investors we have to be smart, don't just rely on 1 or 2 types of investments, placing money in many types of investments is the best and safest step so that you can get profit, and gold is of course a very good and safe investment because everyone can receive gold.


Title: Re: BTC Silver and Gold
Post by: naikturun on May 10, 2023, 01:24:44 PM
I don't know whether it have turned to be a circumstance or it is getting connected to the culture. In our country gold is given much priority, it can be jewellery as well as form of investment. Majority of the people have good volume of jewellery, because this is the one used as collateral when there is need of money. Bitcoin seems to be my choice, but it is quite hard to make people believe it. If it is gold, everyone simply accepts.

However, it's important to recognize that the investment landscape is constantly evolving, and there are new opportunities and risks to consider. Bitcoin and other cryptocurrencies are still relatively new and may be unfamiliar to many people, but they offer unique benefits such as decentralization, transparency, and security.



Title: Re: BTC Silver and Gold
Post by: Blowon on May 10, 2023, 01:52:22 PM
I haven't thought about owning gold and silver yet, but in the future if I have the funds to invest I will buy it too, but about bitcoin I receive money from my work, well sometimes I use it to invest a little here buying coins at low prices to store it in a short time it generates profit which is a bonus of my income.


Title: Re: BTC Silver and Gold
Post by: ichsan ardi on May 10, 2023, 06:28:09 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am also one of the holders of gold and silver as an asset to protect against inflation but most of my assets that I exchange as assets are resistant to investment, namely BTC, gold is in second place and silver is last, but overall I exchange it to bitcoin


Title: Re: BTC Silver and Gold
Post by: serveria.com on May 10, 2023, 08:42:15 PM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

All in on Bitcoin, no PMs here. Not sure if it's good or bad. So far I'm doing fine and don't regret my decision. PMs are a more conservative way of investing. No (less) risk but also tiny gains (or no gains at all).


Title: Re: BTC Silver and Gold
Post by: trendcoin on May 11, 2023, 10:28:57 PM
Actually, it bothers me to talk about my assets. This seems a little embarrassing to me. However, I still want to openly admit that besides Bitcoin, I also own a small amount of gold. After all, I often say that gold is a very important investment tool, as well as Bitcoin. These two are solid coins with limited supply. Of course, silver is also included in them, but the storage conditions of silver are a bit troublesome. All in all, I don't see much difference between gold and Bitcoin. One is number 1 in physical and the other is number 1 in digital.


Title: Re: BTC Silver and Gold
Post by: lepbagong on May 12, 2023, 05:42:07 AM
I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I am also one of the holders of gold and silver as an asset to protect against inflation but most of my assets that I exchange as assets are resistant to investment, namely BTC, gold is in second place and silver is last, but overall I exchange it to bitcoin
what you are doing is the best thing, because for long-term investment actually gold and bitcoin are equally good, but for increasing prices, it must be admitted that bitcoin is more promising, even though after ATH occurs it will definitely drop again to the previous lowest point and is very different from gold that is not even rarely heard of dropping drastically. once again it just depends on the needs that will be carried out by each investor what he wants to do and how well it is.


Title: Re: BTC Silver and Gold
Post by: Joshapat on May 12, 2023, 09:44:58 AM
If we have large finances then it's time to save large amounts of gold, no doubt that gold is the safest type of investment compared to others, besides that the increase in gold prices can exceed inflation so investing gold is the best and safest choice compared to others. other.


Title: Re: BTC Silver and Gold
Post by: Davian144 on May 12, 2023, 10:10:54 AM
If we have large finances then it's time to save large amounts of gold, no doubt that gold is the safest type of investment compared to others, besides that the increase in gold prices can exceed inflation so investing gold is the best and safest choice compared to others. other.
I think if someone wants to save gold or wants to invest through gold, they don't have to have a large amount of money because gold can also be purchased in small quantities or according to the ability of each person who wants to save it. This means that everyone can save gold by buying it little by little through each other's hard-earned money at any time, because physical gold is also very nice to have even though once purchased it must provide the safest place to store it.


Title: Re: BTC Silver and Gold
Post by: ringgo96 on May 12, 2023, 12:49:50 PM
Apart from investing in bitcoin, I like to save my assets in gold because gold is indeed a very interesting thing to make into a future asset because every time there is a change in price, I am less interested in silver because I use less silver than gold. for me right now the assets that can really make us millionaires in the future are bitcoin and gold, because they are very influential at this time in everyday life both in use and in storage.


Title: Re: BTC Silver and Gold
Post by: Bitcoin2009 on May 12, 2023, 01:30:47 PM
In my opinion, the easiest type of investment and the opportunity to get big profits at this time is bitcoin, if we want to invest in silver or gold, of course, we need large capital and cannot get profits on a daily basis, but with bitcoin, we can make daily trading so we can make it a source. income or work like people who work in offices.


Title: Re: BTC Silver and Gold
Post by: nimogsm on May 12, 2023, 02:30:39 PM
I have plans to deal with this issue in the near future. I have previously looked into tokens that are backed by gold but they don't inspire much confidence. Still, it is better to buy physical gold, as for me, or on trusted sites. If someone has an interesting experience of buying gold for cryptocurrency, please share your story.


Title: Re: BTC Silver and Gold
Post by: TheUltraElite on May 21, 2023, 01:39:56 PM
As investors we have to be smart, don't just rely on 1 or 2 types of investments, placing money in many types of investments is the best and safest step so that you can get profit, and gold is of course a very good and safe investment because everyone can receive gold.
Gold is easily accessible, easy to liquidate and traditionally a long term investment for any family as an heirloom. Bitcoin is becoming a similar asset too but bitcoin faces the problems from the government about its usage restrictions and "grey-area" labels. This hinders the use of bitcoin as similar as gold has been used.

I am always of the opinion that we should keep each one of every asset balanced in our folio. Be it bitcoin (only one among crypto), precious metals, real estate, stocks, bonds and commodities as far as our knowledge and experience goes. Bitcoin and gold are thus two different assets just like silver and real estate are, hence not comparable but shown to be similar in some aspects.