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Author Topic: Gold , Silver Or Crypto?  (Read 1433 times)
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August 26, 2023, 01:59:12 AM
 #221

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

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...

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August 26, 2023, 11:06:45 AM
 #222

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

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.

On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.

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August 26, 2023, 11:22:17 AM
 #223

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

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...

Are you sure there is no difference when comparing both gold, silver and bitcoin? Can gold and silver generate huge returns like bitcoin? Do they both give you privacy or give you full control over your assets?...There are a lot of differences when comparing these two investments. There are many differences when compared, even they are not suitable to compare with each other but because they are the most valuable assets, people always like to compare to find the winner.

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August 26, 2023, 01:36:02 PM
 #224

Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.
Everyone will choose an investment according to what they need or for the specific needs they want, for example, like gold, which is already more suitable for investment in maintaining value. Because Gold has been proven to be able to increase little by little so it doesn't cause a loss of the amount of money used when buying it, the same goes for when Gold experiences a decrease in price. Where it happens little by little in a very long time so that the value will tend to settle and not fluctuate.

Quote
On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.
Most people only buy gold when they don't want to involve themselves with very high risks, because gold is indeed very suitable for storing a number of asset values for a longer time. But for the level of profit, I don't think there will be a lot of size because Gold hasn't experienced a big increase for a short time, so some people still want to choose crypto to reap profits without feeling afraid of any risks. Even though they already have Gold as a store of value investment in their life.

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August 26, 2023, 03:50:55 PM
 #225

Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?
Cryptos always have higher price swings than gold and silver.  However, gold and silver can be a strong investment, but crypto has many risks. but it is not possible to achieve anything good in life without taking risks. but instead of investing in one thing only, you have to invest in different things at percentage rate, in case of loss in one, the other will recover it. It can be a good strategy of investment and in this case risk can be less


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August 26, 2023, 04:08:27 PM
 #226

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

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.

On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.
For me, who is still relatively young, and doesn't have a lot of burdens in life or experience in seeing from several sides between gold, silver and crypto, of course I choose crypto, even though I understand historically that gold and silver are assets that are indeed resistant to economic turmoil. and the longer the value of these two precious minerals never goes down because they are in equal proportions, and as we can see the longer the price of these two commodities increases, and does not have the nature of fluctuations like crypto.
Like bitcoin is of interest to me, because basically when it comes to security, then bitcoin will also be safe if you store it properly and under your own control, but indeed assets from bitcoin and Eth or other crypto have the nature of price fluctuations that refer to certain trends .
However, it is up to each individual to make decisions and see opportunities.

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August 26, 2023, 04:13:13 PM
 #227

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

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...

Are you sure there is no difference when comparing both gold, silver and bitcoin? Can gold and silver generate huge returns like bitcoin? Do they both give you privacy or give you full control over your assets?...There are a lot of differences when comparing these two investments. There are many differences when compared, even they are not suitable to compare with each other but because they are the most valuable assets, people always like to compare to find the winner.
Bitcoin never guarantees huge profits but there are high chances and possibilities. If you can hold bitcoin for long time and buy bitcoin in a good time dip market you can get profit but it will never give you granted profit you can also huge lose from bitcoin. And since Bitcoin is not a currency controlled by any country's government or any organization, there are high risks if you are aware of them and can accept the risks, then Bitcoin is for you.  But for those who want a safe investment, gold and silver would be a good choice.  So who invests in what depends on their personal ability of accepting loss



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August 26, 2023, 04:18:01 PM
 #228

That's good. but I don't agree for cryptocurrencies in the long term. it is really profitable in the fast to medium term. not that I don't believe bitcoin or crypto currency continues to grow, the competition here is too tough it's not uncommon for projects with great value to just disappear like the LUNA case. learning from that I am more careful in investing in crypto currency.
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August 26, 2023, 04:54:14 PM
 #229

Of course, gold and silver are very valuable assets.  Investing in gold will undoubtedly be very good.  It is a very stable way to invest.  First I would advise you to invest in gold, but there is a physical issue and security is a very big issue.
Investing in crypto currency is also not a bad idea.  It is possible to gain good profit from here.  But before investing here, you have to gain knowledge about the security issues first, then you have to gain the fundamental knowledge of trading, then I will say that investing in Bitcoin is like investing in digital gold.

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CRYPTO WEBNEOBANK
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lousie9
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August 26, 2023, 09:15:14 PM
 #230

Yes it is, we cannot necessarily say other people are wrong when they do not invest in what we invest in, and they also cannot say that what we do in investing in bitcoin is wrong, and indeed it is based on what we believe and what we understand.
Yes, of course we can't just judge someone as wrong if they have different views and don't believe in the investments we make. It's true that everyone has their own choice and everyone has their own experience of the investment they have made.
The most important point is that they or we use the money we have to invest in something we believe in, that we understand the risks and how the investment works and as long as we are also comfortable and have been able to or have had good profits from what we invest, whether it's gold, Bitcoin, stocks or real estate.
For me all investments are good and they will all be beneficial for us, the most important thing is that we have a good overall understanding of the investments we make.


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palle11
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August 26, 2023, 09:29:56 PM
 #231

That's good. but I don't agree for cryptocurrencies in the long term. it is really profitable in the fast to medium term. not that I don't believe bitcoin or crypto currency continues to grow, the competition here is too tough it's not uncommon for projects with great value to just disappear like the LUNA case. learning from that I am more careful in investing in crypto currency.

If you want to invest in cryptocurrency, it has been a public secret that bitcoin is the most reliable, so going for an investment for altcoins is a big risk because most of the altcoins are not going to meet the value of your entry price and that means lose will be incurred. Bitcoin is the most reliable because it is decentralized and no single person can manipulate the price that it won't bounce back to normal as it has largest community.
odunybiz
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August 26, 2023, 10:13:28 PM
 #232

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.

I will like to support you. This is because of the high volatility involved in cryptocurrency. But I will prefer one to diversify is money on this investment instead of picking one. If one is down in the market, the other can stand a chance to raise the person up.

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