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Author Topic: BTC Silver and Gold  (Read 707 times)
naikturun
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May 10, 2023, 01:24:44 PM
 #101

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.


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May 10, 2023, 01:52:22 PM
 #102

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.

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May 10, 2023, 06:28:09 PM
 #103

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

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May 10, 2023, 08:42:15 PM
 #104

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).
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May 11, 2023, 10:28:57 PM
 #105

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.

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May 12, 2023, 05:42:07 AM
 #106

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.

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May 12, 2023, 09:44:58 AM
 #107

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.


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May 12, 2023, 10:10:54 AM
 #108

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.
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May 12, 2023, 12:49:50 PM
 #109

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.

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May 12, 2023, 01:30:47 PM
 #110

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.
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May 12, 2023, 02:30:39 PM
 #111

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.

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May 21, 2023, 01:39:56 PM
 #112

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.

R


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