Gold , Silver Or Crypto?

[Crypto Library]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Not the others I will say and suggest only gold as the best investment if there is multiple options . However, the suggestion will be just to get the best security of money. The value of gold has remained intact since ancient times. If you invest here, at least you don't have to worry about security. On the other hand, cryptocurrency has the potential to be as profitable as it is likely to be destitute at once. Gold will be the first in terms of security.

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[merchantofzeny]

Precious metals are definitely a conservative investment. I don't own them but apparently the price increase is not that much. Only good thing about them is people BELIEVE they have value and with how things are going would probably trust them more over the dollar. If you want profits go for crypto.

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.

Do you think it'll make any difference to the price of gold if some countries start going back to a gold standard?

[suzanne5223]

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.

You have a point about gold cause it has been used as money (before the creation of fiat currency) thousands of years ago cause it is somehow stable in price than cryptocurrency but you seem not to understand the difference between investment and saving when you said you'll invest small part in crypto and main part in gold.

[Dhaniii]

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.

You have a point about gold cause it has been used as money (before the creation of fiat currency) thousands of years ago cause it is somehow stable in price than cryptocurrency but you seem not to understand the difference between investment and saving when you said you'll invest small part in crypto and main part in gold.

I think gold, silver and crypto have their respective advantages and all three are very good investments in this decade. There is nothing wrong with investing in crypto so far, where in the eyes of the world bitcoin has entered the latest legend in the world's legal payment process and this will be the best investment going forward.

[bitzizzix]

In my opinion, it all depends on the investment objective, whether to maintain value or increase the value of the investment because different objectives have different strategies.
Gold is suitable for hedging including silver because its price is relatively stable and it is difficult to increase the value of investments, and cryptocurrencies, especially bitcoin, can increase the value of our investments even in a short time.
Bitcoin can increase investment with great returns and also has great risk too, but in the long run bitcoin is much better, safer and more profitable than other investments.

[perfect999]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products.

He is not sure, that's why he creates this thread and ask us about this matter. We can't deny that cryptos are good investment because all of us that are here in the forum have an interest with it or already have some crypto on our wallet but for gold and cryptos I guess not all have a knowledge about these two.

In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?

[Fredomago]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Not the others I will say and suggest only gold as the best investment if there is multiple options . However, the suggestion will be just to get the best security of money. The value of gold has remained intact since ancient times. If you invest here, at least you don't have to worry about security. On the other hand, cryptocurrency has the potential to be as profitable as it is likely to be destitute at once. Gold will be the first in terms of security.

Good point and you also provide potential where crypto got the good chance of multiplying in many folds, security or in terms of volatility, if you a type of conservative investor gold serves as a good investment to save your money, a small run either pump or dump won't hurt your investment that much, unlike with crypto,

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

There are many successful traders and investors who ride along using crypto,
they made a lot of money from each trades that they've made.

[Captain Corporate]

 In my nation, since we have a very very high inflation, all of them have been a good investment. I can't say much about nations that have decent rate on inflation and no idea how much it is in dollars (if it went up or not) but I know for a fact that gold is a great store of value as well for my nation. However, its not very easy to buy it and securely store it. I would feel bad about keeping it in my house for example, and that is where crypto comes in. Unless you put it somewhere that could be hacked, a place like Binance or a ledger nano is a great place to put your crypto and shouldn't be a big problem.

[carlfebz2]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Do you feel that's true for you? Personally, I do not deny this view, but whatever you think of it as a financial investment asset, you need to consider and evaluate yourself if you are suitable to approach them, knowing the risks and less. That's what I learned. Don't blame your miscalculation on the investment products.

He is not sure, that's why he creates this thread and ask us about this matter. We can't deny that cryptos are good investment because all of us that are here in the forum have an interest with it or already have some crypto on our wallet but for gold and cryptos I guess not all have a knowledge about these two.

In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?

Gold is always been a good investment before crypto market had existed and now that crypto is here then it is also a good investment option or choices.So it wont really be that a problem on finding out investment

if you do have money to spend or invest on.Diversify as much as you could because this is much better rather than on going all in on a single investment but of course this is something not possible for everyone
because we do have different financial capabilities which neither might give us the opportunity or would just simply be missing out for we dont have some funds to be allocated.

If you do have money then go ahead but of course you should be mindful about the risk behind or involved.

[Desmong]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

My opinion is we should put out fund in what works best for us just like a trader that is used to trading gold will find it easier to buy and sell gold with good strategies that works for them than leaving what you know best and jumping in something you are not skilled in just because of hype or what you heard about them. If trading and investing in cryptocurrency works for you, then you need to hold on to that and if others like Gold, Silver investment works for you, then go on with that.

[boty]

 In my nation, since we have a very very high inflation, all of them have been a good investment. I can't say much about nations that have decent rate on inflation and no idea how much it is in dollars (if it went up or not) but I know for a fact that gold is a great store of value as well for my nation. However, its not very easy to buy it and securely store it. I would feel bad about keeping it in my house for example, and that is where crypto comes in. Unless you put it somewhere that could be hacked, a place like Binance or a ledger nano is a great place to put your crypto and shouldn't be a big problem.

gold still recognized as inflation hedge assets at this moment if compare with bitcoin or other cryptocurrency due its volatility. although actually bitcoin has better supply amount , it should be better in rarerity than gold. but due too many fud come to cryptocurrency bitcoin goal as number safest assets could not achieved. stealing assets will happen in many market with different ways, robbering or attacking system now be the new methode, and we should becarefull with this variety.

[aprilnot]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold is an investment with low risk but has a low ROI. but it's good for dealing with inflation and it's proven. crypto is different, this investment has a big risk, but with a very high ROI. we can see bitcoin, shiba inu, solana, ethereum, BNB go up very high in just a few months. but this is worth the risk, as now bitcoin falls you will experience a large enough loss. but both are indeed worthy of being used as long-term investments, depending on how you choose the risk.

[Smartprofit]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

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

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

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

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

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

[ChiBitCTy]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

As a licensed financial advisor I don’t agree with the above statement. The vast majority of financial advisors, including myself, recommend that one’s portfolio always have a “backbone” built with traditional investments such as mutual funds and or ETFs. Depending on if your portfolio is on track for retirement and if you’ve got extra funds to invest, then buying hedges (not necessarily investments) such as gold and silver can be a good idea and buying bitcoin works for the portion of speculative investments in one’s portfolio.

[FairUser]

...In my case I know that gold is a promising investment, it is kinda stable and just like cryptos, its value is also increasing over time but about silver? I am not sure about this one, maybe the value of silver now is dropping for them to include in on their bucket list. Blaming is bad but instead of blaming yourself, why can't you just focus on how to improve?

Just like your advice, when we start to study a certain area, mistakes are inevitable. In general, maybe we don't live in the same environment, and our views on money will also be different together. Its worth determines whether you can afford it or not.In every product, I have reasons for problems as well as opportunities, both good and bad. But you will have the right to decide to achieve the goal. Even failure should be viewed as a lesson to correct and do better.

[RealMalatesta]

you also provide potential where crypto got the good chance of multiplying in many folds, security or in terms of volatility, if you a type of conservative investor gold serves as a good investment to save your money, a small run either pump or dump won't hurt your investment that much, unlike with crypto,

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

There are many successful traders and investors who ride along using crypto,
they made a lot of money from each trades that they've made.

That is one of the advantages of crypto and great thing is it is just one of them. You could buy bitcoin, or some other coin and you could gain like 100% per year, or maybe you won't but it looks like the average has been more than that. This is how people got rich in crypto and in the long run should be getting even richer.

On top of that we are talking about being a lot more secure, I mean crypto is digital whereas gold is not, there are some banks that offer gold accounts as well, meaning you could turn your fiat into gold in your bank account, but that is a brand new thing and not very common everywhere in the world, so crypto is still by far better for sure.

[CaptainCrapper]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver do not move at price overnight but currency investment can change your life at any moment if you invest in a good place or very good project just like a block chin-based project is a very long lasting project I think.

[Roidz]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver do not move at price overnight but currency investment can change your life at any moment if you invest in a good place or very good project just like a block chin-based project is a very long lasting project I think.

What you say is true, gold, gold and crypto are indeed good investment assets, but I think all three have different functions, the attractiveness of gold will depend on the existing economic conditions, because usually people invest in gold as a hedging tool money because its price movements are not speculative, while crypto has a different function, namely as a value added asset because its movements are very speculative but also have high volatility and high risk.

[Xal0lex]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in three assets as a diversification. But I would prefer to invest in cryptocurrencies. Gold has turned your $1,000 into $950 or so in 10 years. Count what bitcoin would have turned your $1,000 in the last 10 years into. You would be a millionaire. I realize this is all FOMO, but digital gold looks a lot more attractive to invest in than physical gold or silver.

[bustabitsboy]

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

You can invest in securities and stocks of companies. With a successful investment, you can not only save your money but also increase it. I remember the wonderful movie "Forrest Gump". That's when a man successfully invested his money I can also suggest keeping your savings in different currencies. There is always a chance that some part of the money will remain.