ariinv (OP)
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April 10, 2022, 03:51:09 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
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Stalker22
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April 10, 2022, 05:46:18 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Gold and silver are most commonly referred to as precious metals, so there is no need to label them in binary as "gold" and "silver" because the price movements of both assets are mostly correlated. This chart compares gold prices and silver prices back to 2012. Gold Prices vs Silver Prices Historical ChartWhen it comes to investment portfolios, most advisors would tell you that a portfolio should have a mix of traditional, risk-managed and alternative investments. This means that if you are invested in stocks, bonds, real estate and commodities, your portfolio should include assets such as Bitcoin to help diversify and to ensure you are not over exposed to a single asset class. If you are investing for the long-term and are risk tolerant, you would want to put 10 to 20 percent of your investments into Bitcoin and maybe other cryptocurrencies as well. Although it may sound risky to own an asset class that has significant price volatility and can even be speculative, but this is not something to ignore. It is important to diversify your assets, and Bitcoin may be just the asset you should diversify into.
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Freeesta
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April 10, 2022, 06:12:33 PM |
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What's with the weird question? Of course gold! What could be better than gold to keep your savings? At all times, gold has always had a high price. If I have a lot of money, a small part can be invested in cryptocurrency, but I will still invest the main part in gold.
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Flexystar
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April 10, 2022, 06:13:22 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Gold and silver are most commonly referred to as precious metals, so there is no need to label them in binary as "gold" and "silver" because the price movements of both assets are mostly correlated. Very well explained. Right to the point. Truly it’s worthless to compare these three together. If op really want to compare then just compare it with fiat because that is the closet type of asset which we see into bitcoin. There are still many people who do not consider bitcoin as current and neither many consider it as asset. The thing is vice versa is another dimensional truth. This is why many times people compare bitcoin with gold as store value or something like an asset for long keeping. But hodling Bitcoin is another chapter in crypto space which is purely based on its limited supply etc. So gold is gold, it’s physical, lucid, and people Love to wear it.
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Haunebu
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April 10, 2022, 06:38:35 PM |
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It all comes down to risk management at the end of the day. If you are focusing on low-medium risk options that could potentially increase your investment by a small-medium margin, I suggest investing in Gold or Silver.
On the other hand, if you are focusing on medium-high risk options that could potentially increase your investment by a medium-high margin, I suggest investing in BTC and other popular cryptocurrencies.
I am not a financial advisor obviously and these are just my personal thoughts. Do your own research thoroughly before investing op.
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_act_
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Lightning network is good with small amount of BTC
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April 10, 2022, 06:48:47 PM |
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What's with the weird question? Of course gold! What could be better than gold to keep your savings? At all times, gold has always had a high price. If I have a lot of money, a small part can be invested in cryptocurrency, but I will still invest the main part in gold.
Why only gold when there are assets like bitcoin? Gold is a store of value but bitcoin is a store of value and the value will also passively increase if hold for long. The amount of goods that gold can buy in the last 10 years is almost the same amount gold can buy this year, just little difference would be there. But what certain amount of what bitcoin can buy in the last 5 years, the same amount of bitcoin can buy 10 times more of the goods this year. I will prefer bitcoin.
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Fortify
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Get $2100 deposit bonuses & 60 FS
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April 10, 2022, 07:09:04 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Who are these magical advisers? Because there are a million others probably saying that stocks and bonds might be better. Or platinum, or palladium, or fine wine, or artwork. Diversification is the best thing for anybodies financial health and you should definitely not limit yourself to only the original 3 options. For starters, gold and silver are usually roughly correlated, so if there was a collapse in price tomorrow they will likely both fall and that's not a very helpful investment. People generally stick with the stock market, if only through pensions, because it is driven forward by productive companies generating cash and that cash is either reinvested or distributed to shareholders, it has been returning something like 7-8%|+ per year on average for the last couple decades.
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Smartvirus
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Playbet.io - Crypto Casino and Sportsbook
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April 10, 2022, 07:18:58 PM |
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Before I get to say whateve, I'll like to point out that there is always a risk factor in every investment one wants to go into. With that being said, I'll like to point out one fact:
* In the light of making profit, evolving feilds always promises more than an already stabilised field. In essence, cryptocurrencies (Bitcoin) offers more than gold and silver which are already stabilised to some extent. Same applies in the risk factor too. * When we look at relatively stable fields like Gold and Silver, your growth is sure to come but rather slowly although much safer.
I am a bitcoin patriot and as such, I would go for bitcoin over any of those listed commodities. Simply because I believe in it but still, I've got to keep my investments to what I could afford to loose.
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wheelz1200
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April 10, 2022, 07:19:12 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Why not all of them? I know people will bring up stats of what has done better but there should be room in your portfolio for all of them. Diversify is king for capital retention. It should never be which one but more a what percentage of your portfolio is each.
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mindrust
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April 10, 2022, 07:26:46 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Any of them may come in handy in different situations. Silver takes more space but it is at its all time lows against gold so if you have room space, you can buy silver. Crypto has no physical form but choosing the right one is quite tricky. You can always have all three. It is not either this or that. Buy some gold, some silver and some crypto.
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wxa7115
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April 10, 2022, 07:43:05 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
It depends, gold can be a good investment but the time it needs to be held is measured not in years but in decades, if you can wait that long, you can take physical delivery of your gold, you can keep it safe and you can verify you are buying real gold then gold is a good investment. But if you cannot do one of those things then you need to think about different alternatives, and without a doubt bitcoin is one of the best assets you can buy right now so you can protect your wealth during the next years.
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tabas
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April 10, 2022, 09:55:57 PM |
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If you have the chance to have all of them then take all of it and that will serve as your diversified portfolio. It's always been good to have gold and silver if you're into traditional assets. But the better market that we have today is obviously in crypto, specifically bitcoin. So if you think that you have to allocate your money in all of them then that's much better. And if you're only going to need and take one of them then your very option is to take bitcoin. You're in a bitcoin forum and everyone would be suggesting you the same.
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goaldigger
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April 10, 2022, 10:17:16 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Those are great investments since then, slowly rising in value and compare to stocks the supply is quiet limited and that’s why the values continues to rise. During uncertainty and war, many people turns into gold investment to protect their wealth and right now, it could be the best thing to do under this circumstances. Good thing is that, crypto is just been added to that options, which I prefer to have more now. They are all good, if there’s a chance to have them all grab it, that can be more worth it in the years to come.
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ajochems
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April 10, 2022, 11:03:42 PM |
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When you asked me this question before 2013,my answer will be Gold.Because after my involvement in the trading of crypto, my investment towards the Gold was reduced .Because gold return was very less compared to the crypto currency from 2013 itself.My investment on silver was reduced from now and then.Because the investment of Silver doesn’t need a huge investment.
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Scripture
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April 10, 2022, 11:12:01 PM |
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They are all good depends on which risk you wanna take, because even if they are good there are still risk and with cryptocurrency, the risk are very high so better to be ready for than. If you want a more stable pumping, go for gold and silver but if you want to be more active and know how to play in the market, then cryptocurrency is the best for you.
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crzy
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April 10, 2022, 11:14:33 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
They are correct since we’ve seen so much inflation with fiat currency and while there’s a war you can expect for the value of fiat currency to be decrease because of a high inflation. You should not invest on crypto if you are not familiar with it, this is not just like gold and silver, cryptomarket is really different and too volatile as well but for long term investment, Bitcoin can be good.
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romero121
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April 10, 2022, 11:57:35 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
If you think of the investment for this decade, then it is cryptocurrency. Gold can be considered as a security asset whereas bitcoin can be prioritised as a long term investment. For users who doesn't risk their money has to go with gold for limited profit whereas with cryptocurrency the risk of losing is big so is the profiting. Don't complicate it. Just take a small piece of paper and write down the price of gold and bitcoin today. Just leave it and take it after a week or a month. Now once again write the price of bitcoin and gold by that time. You'll find the difference with both. With bitcoin you will see the price high from the initial or else it'll be down. If the price is down understand the risk and if it has increased, understand the profiting.
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arwin100
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April 10, 2022, 11:57:53 PM |
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Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Actually its up for you to decide on which of those valuable assets will you choose to trade since in the end og the day we still have chance to lose our money their if market volatility is not doing good and earn when those price pump. So I guess this talk depends on what people like and if they want high risk and high reward thing maybe we can say crypto is good to that, also expect that majority will answer crypto since you are asking this question on bitcoin and cryptocurrency forum.
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nullama
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April 11, 2022, 12:22:35 AM |
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Gold and silver have a lot of issues given that they're physical objects, hard to carry around, difficult to validate, etc.
Altcoins are mostly scams.
Which leaves Bitcoin as the best investment, by far.
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adaseb
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April 11, 2022, 02:32:58 AM |
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I don’t think gold is a good long term investment. Especially at $2000. Even if you bought it years ago at $1200 you would barely make anything.
From what I read the gold price is highly manipulated and there is more gold traded in the future markets than actually exists so basically there are entities which keep the price at a certain level. Same with silver but to a small degree.
Out of the three crypto obviously seems like the smarter play.
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