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I plan to retire in New Zealand. I will hoard my crpytos for the next 10 years while meditating in Montana for now. Peace
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I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
I think it's for all the reasons you have already mentioned. Those are the reasons I invest in gold/silver. Not to mention the huge drop in all commodities today, I bought my first 1oz gold eagle https://bullionexchanges.com/1-oz-american-eagle-gold-coin-random-year and a 100 oz silver rmc bar https://bullionexchanges.com/100-oz-republic-metals-rmc-silver-bar-999-fine |
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PayPal is definitely one of the least secure methods of payment. so much fraudulent activity every transaction has to be verified personally. Too bad we cant go back to the days where our monetary system/exchanges were completely reliable and trustworthy.
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Note: See on the right side of each post (top right corner) there is "+Merits" Some major events as seen by China. More.... It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver. An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers): https://seekingalpha.com/articleChina has $2 Trillion to $5 Trillion for Gold ?? Chinese government told/encourages its citizens to buy gold and silver in 2012. China knows what's up, ive been buying this gold and silver dip in the US too. Precious Metals are known to always rebound and thrive as the stock market turns bearish. Just received my roll of 20 silver eagles https://bullionexchanges.com/roll-of-20-1-oz-silver-american-eagle-cull-damaged-circulated-cleaned |
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
I use my bitcoin to buy PMs from Bullion Exchanges, it makes it cheaper then paying with a credit card and way more convenient then a wire transfer. I buy lots of silver bullion, this was my most recent purchase from them https://bullionexchanges.com/roll-of-20-2002-1-oz-silver-eagle-brilliant-uncirculated-lot-tube-of-20 |
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cryptocurrency is a very emerging business in the present era where crypto is well known in many countries and the good news is that some countries have legalized this business, I think I still choose crypto because crypto in the future will have a way to grow well
I think once crypto starts being regulated then it will be a lot safer/more profitable to invest. Now it is way to new and extremely volatile, once this correction is made from the huge boom a few months ago then crypto will definitely be the way to go! |
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As we all know, stock market had been there for a very long time now and on the other hand, cryptocurrency is a fast rising trend when it comes to the world of trade and commerce. Some may prefer to invest in crypto because of high returns but some will still go with stock market and play it safe.
In your opinion, what will be the best option to invest your money on?
If you're looking for safety and consistency than the commodities market is your best bet. For me I have been buying silver and gold bars from Bullion Exchanges for years. My collection has grown in both size and value!! Also pretty easy to liquidate when needed. |
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Gold and silver are a stable currency, it will always be in price, but bank deposits are not so safe. Cash can be depreciated.
Gold and silver are precious metals and can also appreciate and depreciate in value. Bank deposits are definitely safe if they are FDIC insured and you have less than $250,000 in your account. However, it is always good to diversify your wealth in bank deposits, stocks/bonds, and precious metals. Out of all of those investments PMs are definitely the safest since they have a physical value to them that will always be attractive to people. I diversify my wealth to all those places and have recently began buying silver. This is the place I use, they offer me the smallest premiums out of all the dealers I have researched https://bullionexchanges.com/buy-silver |
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Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"
I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
I would say investments in gold and silver is relatively safe, of course you can't be too sure since markets are unpredictable but from my experience I have been profitable from investing in PMs. They are also more liquid than most people would say. I have had times where I bought some gold bullion, sold it in a week, and received my money a day after I sold it! Overall i'm a big advocate for investing in PMs, I do all my buying and selling at http://nycbullion.com/ they always offer me great prices and liquidate my PMs super quick! |
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Definitely media news have a great impact over bitcoin price.Today media could fabricate any news and present it as a true news.That's why many big financial firms continuously use media to spread negative news about bitcoin which in turn affects its price.
Big financial firms that use media to spread negative news about bitcoin is definitely a huge factor in the price movements, however with the recent explosion in bitcoin it is just correcting itself from that huge rise influenced by volume and everyone hopping on the bitcoin bandwagon. Soon I feel like bitcoin will get back its momentum and move up slowly just like any normal good stock. It will almost definitely get back to its $20,000 price range within the next few years. |
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Providing false Information or news about the Market has a great Impact on its movement. These people are trying to manipulate everything by discouraging everyone. and I'm sure they won't stop until they what they want. that's why we can hear a lot of negative news about the market. But, I also believe that there are a lot more believers that won't be affected by these news.
Not being affected by all then news and doing your own due diligence is a key aspect in the trading game! Gotta make all your decisions based on your own analysis of each company. |
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Human stupidity is major reason for any market movement lol  |
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