BTC Silver and Gold

[tread93]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

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[philipma1957]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do some silver.

[tread93]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do some silver.

There we go! Do you buy silver often? How can you not own at least some? It’s an excellent store of value.

[EarnOnVictor]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

Inflation or not, it's not good to "put one's egg in a basket," which helped me as I was particular about 5 classes of investment in 2022. They are the equity market, Bitcoin, Gold, Crude oil and USDX. I was able to liquidate some of my purchases on Bitcoin later after seeing the way it was performing and added it to my portfolios on Gold and USDX.

These (Gold and USDX) were good choices and a very good way to diversify my portfolio which worked so much for me. Gold and Bitcoin eventually earned well for me in the last 2 months, yet I will only increase my investment in Bitcoin towards the time of halving or if it would reach around $15k-16k again.

I will then hold it for the tradition right from such a low level.

[o48o]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

If i had that's much wealth that inflation would impact significantly to my portfolio, i most likely would keep my wealth tied to land and housing, and actual real physical gold and silver. But the fact is that i don't own (after last bear market) anything so valuable that it would make sense to keep it tied to gold.

[Vaskiy]

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.

[jackg]

I don't think Gold has much of a hedge against inflation but I might be on too small a time frame (the last 5-10 years).

I think stocks are the next best thing after crypto as long as you can find good stocks to invest in or invest in a diversified way. Jewellery likely acts as a hedge against inflation much better than gold and silver do on their own (turning raw silver into jewellery seems like it could be difficult though).

[hatshepsut93]

Maybe in some distant future I will own a bit of precious metals, but my #1 investment goal is establishing some cash flow, like owning real estate or a business. I don't have enough wealth to live the rest of my life off it, so my assets should work for me instead of simply being a store of value against inflation.

[STT]

If  I was buying silver I'd buy the most unpopular kind, collecting coins is nice but Im not sure of the price relative to market pricing in the pure asset.  Im aware of the silver price and also the mining companies prospects in their endeavours to mine more.    Physically I'd collect the old silver sterling cutlery but mostly I have the mining shares or a fund which holds and manages positions for them, it gives a yield and its hands off simple to deal with but any of the options are valid if you are bullish on either silver or gold.
  Physical is not leveraged, thats the appeal I think because most of us expect volatility and I dont disagree with that.  Upset is quite certain to occur, I tried to hold physical gold and other metals in a brinks mat vault arrangement at one point but its lots of paperwork required and they raised the fees massively I guess after being hassled and buried under red tape hence managed (pension etc.) funds are kept at arms length and they deal with all that trouble.

I don't think Gold has much of a hedge against inflation but I might be on too small a time frame (the last 5-10 years).

Its the other way round that makes it confusing, Dollars are measured in gold not vice versa.   The time scale for gold is minimum a decade, the justification for that might be the parallel of thats how long a gold mine from scratch can take to establish profitable mining.    Look up the details of any large gold mine, all the twists and turns but at present its worth it as they should get there in the end and imo price will be higher at end then they began with.  There are alluvial deposits of gold but still there is no simple story especially with modern environmental considerations for mining to include in costs.

[Hispo]

I do not stack any precious metal, actually it was kind of a plan I had before knowing Bitcoin, to buy some Silver for the long term.
However, I finally decided to go full Bitcoin because decentralization and how easy is to conceal from bad people.

There is also a small chance some crook around here could be selling counterfeit bullion, I rather not to take those chances.

[mk4]

I'm personally not a fan of both silver and gold as in my current situation, as I'm very better off taking risks than going too safe. Maybe I'll buy gold sometime in the future when I'm older? But I'm not sure why I need to do that if bitcoin already exists.

[Don Pedro Dinero]

I've got a little bit of gold just in case but I am not stacking it, as I think bitcoin is much better as a store of value and when it comes to liquidating it, because if you have a gold bar worth 1,200 dollars (approximately 20 grams), you cannot liquidate only 200 dollars, you have to sell the whole bar. With bitcoin, however, it doesn't matter how much you have, you can make partial sales.

I especially like the colour of gold, it's mesmerising.

But above all, I don't want anyone to think that they are 'stacking' gold or silver by buying jewellery, which is the worst way. If you buy jewellery for you or your wife because you like it, fine, but to give an example, a necklace with 50 silver dollars, if you are going to sell it the next day you will be paid for its weight in melted silver and it will be 7 or 8 dollars, no more.

If you want to do stacking, do it with coins or bars.

[yhiaali3]

I was saving some gold but unfortunately I had to sell it due to some difficult circumstances.

Anyway, I also believe in gold as a hedge against inflation, so I will probably buy some gold when I get some extra money.
I used to follow the strategy of converting my profits in excess of the capital that I used in trading into gold, and when the market goes down, I convert the gold into bitcoin and so on.

As for silver, I have not bought it before because it is not very common in my country.

[posi]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I don't think about inflation, but diversification has always been a necessity in investing. Currently, bitcoin is considered a highly profitable investment but not considered a safe place to store assets, the future of bitcoin is still in question, so putting all your assets in that's not a good idea. I like gold because it's safe, and investing in some tech stocks is what I'm doing. In the future real estate is what I look forward to, I will continue to diversify my portfolio as investments in bitcoin and stocks pay off.

[tiCeR]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

If i had that's much wealth that inflation would impact significantly to my portfolio, i most likely would keep my wealth tied to land and housing, and actual real physical gold and silver. But the fact is that i don't own (after last bear market) anything so valuable that it would make sense to keep it tied to gold.

We often talk about the traditional forms of investment like precious metals or maybe even software companies by now, but hasn't the pandemic been proof that there are a couple of risk vectors one could smartly look into? Now that we know what impact pandemic events can have on the world economy, and given that our population is growing and spreading of such events becomes more likely and more dynamic, dedicating a small portion of one's portfolio to pharmaceutical companies can be as much of a hedge as owning gold.

Actually, when the pandemic kicked it we have first seen a sell-off of assets that people don't necessarily need for a living. Almost everything has been performing badly at first. With the infusion of unbelievable quantities of fiat money we saw a wild bounce-back of the markets all over the place, but among the safest bets back then had been the pharmaceutical companies. Even if the stock price doesn't perform that well, they turned out to be very reliable dividend payers.

Now chemistry is not a subject I am all too familiar with and I ask myself whether there will ever be a way to create some form of alternative gold or synthetic gold. There are various reports, but they also seem to be changing over time. I also don't know how trustworthy reports are about how many % of all existing gold has been discovered or is yet to be discovered. How can anyone possibly know for certain?

The 100% transparency of Bitcoin's defining parameters can never be attained by anything that is yet to be fully discovered all around the globe.

[TheUltraElite]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I do own stocks and precious metals apart from crypto.

These don't always work as hedge to inflation, it more like diversification of assets in order to include different asset classes in my portfolio. Sadly this term has been likened to the accumulation of altcoins in this forum which I abhor.

Silver though I don't buy much, it's mostly gold. Having these assets on your side means having a relief when bitcoin is going down, in case you are the panicking person.

[boyptc]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

I want to invest in gold but not with silver. Although I know that these precious metals are still way to go for conservative investors but, thanks to bitcoin that I have been introduced and known to bitcoin.

Instead of looking at these two, I'm with bitcoin and chosen to pick it rather than going with precious metals. I think that if we're living in 70s onwards then silver might be the best pick.

It's like a gold rush back then and not just who rushed to have it and those who have sold shovels earned a lot.

Now, we're also into like that moment but it's like more of bitcoin rush.

[aoluain]

I do not stack any precious metal, actually it was kind of a plan I had before knowing Bitcoin, to buy some Silver for the long term.
However, I finally decided to go full Bitcoin because decentralization and how easy is to conceal from bad people.

There is also a small chance some crook around here could be selling counterfeit bullion, I rather not to take those chances.

Yup me too, I am all in on Bitcoin.
And I was also looking at Gold bullion a few years ago but after doing some research
found out that there are very convincing counterfeits of reputable manufacturers like
PAMP. If I can find that info I will edit this post.

Anyway, Bitcoin is real, my Bitcoin cant be copied, its easily transported and transferred,
its the top performing "asset", I cant see an alternative.

[reagansimms]

I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?

To answer questions like these, I would choose gold to store some of my wealth. Historically, gold has played a major role in the economies of many countries. When compared to other types of investment, gold is included in one type of investment that is safe and proven to be resistant to inflation, gold also has a value that keeps its price from dropping drastically and can continue to rise.

[salad daging]

I believe Gold is the most stable asset and can survive any inflationary conditions so I saved on gold for a certain period and I did this two years ago buying gold with a few grams (with variations in grams) that I got during that time, yeah this also because of the encouragement of my wife who likes gold jewelry and gold bars but in the end we agreed to keep gold longer than the other side we can sell more easily in an emergency we need.

Diversifying is a good thing than (putting in one basket) that's a saying we often hear, but apart from all that I believe bitcoin is also for the long term to be able to see even higher values and avoid inflation, so I can determine both where is more to pile up bitcoin or gold?

Of course I chose bitcoin over other assets so here is 70% real money and we know how bitcoin can grow faster.