BTC Silver and Gold

[Hydrogen]

I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.

[aseev]

I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.

I'm not into precious metals and don't know if it'll work but here is a suggestion - you can buy a metal number punch set and do it yourself:

[Hydrogen]

I'm not into precious metals and don't know if it'll work but here is a suggestion - you can buy a metal number punch set and do it yourself:

Gold and silver bars.

With an air tag or GPS tracker embedded inside of them during the minting process, might be great, as a starting point.

[trendcoin]

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

All of these investment tools are in the solid money category for me. In fact, it basically doesn't matter which one I buy, but among them there are some that can bring high profits periodically. To explain briefly, it may be a better option to accumulate precious metals when there are chaotic situations in the global environment, and to buy Bitcoin when there are positive developments in the global environment. I can't see any difference between Bitcoin and gold. Of course, they have some advantages and disadvantages compared to each other, but both are solid money for me.

[panganib999]

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

I think I speak for everyone when I say that a majority of people in this forum, save for the newbs, I guess, holds some gold or silver on their stash. Robert Kiyosaki, a guy that I always depend on financial advice with, primarily because of his book rich dad poor dad that really helped open my eyes to financial literacy, has only praises to say about bitcoin, gold, and silver on his twitter account. Not that I'm a blind follower of his, but rarely does he fail when it comes to advising his followers on which assets to invest in. Anyways, yes I do hold a couple of silver and gold physically, I use them as part of my wardrobe too because for me gold becomes more valuable when it has history with it.

[Patrol69]

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.

By now there are more people in the world who value gold than Bitcoin. We generally use gold in two ways one is gold we use it as jewelery and another we use it as an investment.  Many times it is seen that when the price of gold decreases a little, many people buy gold. But if they knew about Bitcoin then they would have bought Bitcoin instead of buying gold at that time. Because bitcoin investment can earn more profit than gold.

[examplens]

I was thinking about purchasing small amounts of silver.

But if I buy precious metals, I want them in bars that come inscribed with unique serial numbers. To make them easier to track and identify in case of theft.

Is it weird for many gold and silver products to arrive with a paper card with a serial number. Yet the coin or bar will have no serial number. In which case, there is no way to prove it was yours if it was stolen.

The way the precious metals industry does things, make it seem like their process is not ready for prime time.

the difference is when you buy a raw (bars) product or a final product that has additional value due to the way and quality of the final production. that is why an additional certificate is issued as a confirmation of the quality of the workmanship and the quality of the metal itself.
any jeweller can easily melt your bar and put his own serial number. I think I read somewhere on the forum that one user has prepared the equipment for this and occasionally buys precious metals and makes his own bars.

[Adbitco]

Of lately i have been thinking of diversifying my portfolio to own at least some Gold, i don't know if is a good idea to sole depends on bitcoin, but however i have been able to invest in real estates and also some landed properties this is another major form of investment which doesn't fails nor fluctuate rather it keep increasing as the year goes although it doesn't increase exponentially as bitcoin does but is gradually. I will take a rethink and bumper into Gold the more or Silver.

[makishart]

A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.



https://goldprice.org/gold-price-chart.html

[ChiBitCTy]

Stacking and coin collecting is for complete nerds    You already know how I feel about this topic.  As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver.  So I'm constantly having to have that conversation of the importance of diversification  and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.

A few ounces of gold. I personally thinking that if precious metal should not become my main investment. Precious metal is even better compared with real estate consider it's even more liquid compared with real estate. Precious metal like gold is as good as bitcoin.

The gold itself was only a way to keep your value from inflation. It will not give you huge ROI like bitcoin. Precious metal is only helping you to make sure your value will not be eaten by inflation.



https://goldprice.org/gold-price-chart.html

"I personally thinking that if precious metal should not become my main investment".  It definitely shouldn't.  It should only be a piece of the pie, so to speak.  Almost any proper portfolio (exception apply) should mainly be supported by traditional equity investments such as mutual funds/ETFs etc.   

Gold also isn't necessarily better than real estate. They are two different types of assets. Real Estate has often carries a higher chance for growth, whether investing directly or indirectly such as in products/funds like REITS.

[Hispo]

-snip-

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.

Interesting coincidence, about the time I was starting to get into Bitcoin there was an scandal about some Chinese bankers discovering some of their gold bars to have a core of tungsten... In retrospective, if some people out there can fool bankers, then they have a good chance to fool me as well, even for small quantities.

As you said, with Bitcoin there is no chance of dealing with counterfeits and moving one's saving is as easy as memorizing/hiding the keys. 

[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.

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

my wealth in no order

us gov bonds
real estate
silver
btc
ltc
doge
gpus
asics for mining btc
asics for mining ltc/doge

But I am an old guy 1957 + 66 = 2023.

So at 66 I don't think past 93 which is 27 years.

If I was a young guy say 30.

I would be way more into:

 Doge, BTC and LTC

of mined coins in 50 years I favor Doge more than LTC or BTC

[TheGreatPython]

Stacking and coin collecting is for complete nerds    You already know how I feel about this topic.  As a financial advisor my clients are constantly asking me if they should consider buying either bitcoin or gold or bitcoin or silver.  So I'm constantly having to have that conversation of the importance of diversification  and why owning both makes sense, and how well precious metals like gold and silver hold up as hedging parts of a portfolio.

I think I know why you say nerd. That is because you find cryptos too technical right? Yes they are when compare to traditional investments like gold and silver but still, any investments might require a knowledge specifically into the financial field, this is why some just consult into a financial advisor.

For us who can't afford it, we still can do our research online and one of the things that we can learn is putting all eggs in one basket is too risky but diversification can be better. Different assets have a different ability. Gold and silver for example are much stable than Bitcoin but the profit potential with them can also be slower or lesser. Sometimes knowing our preference helps us to pick up if what asset will fit for us.

[Wong Gendheng]

I don't have a gold and silver stock, and bitcoin that I save today is worth around $ 2400, the last time I bought Bitcoin is the end of last year when the price is $ 17k, but the most expensive I once bought when the price of $ 52K, I will make bitcoin as the main investment rather than gold and silver because I'm sure we can get a bigger increase with bitcoin.

[iv4n]

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

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.

[Pejoh Asu]

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

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.

In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

[cafee_orange]

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

I previously saved in gold when what I got from the Bounty prize, but this will be the last thing I will do. I don't think it's important to keep the value of assets in the form of gold, it's better in the future I just put it in Stablecoins like in Tether USDT. by putting it there according to me it is more flexible in monitoring.

[Minor Miner]

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.

By now there are more people in the world who value gold than Bitcoin. We generally use gold in two ways one is gold we use it as jewelery and another we use it as an investment.  Many times it is seen that when the price of gold decreases a little, many people buy gold. But if they knew about Bitcoin then they would have bought Bitcoin instead of buying gold at that time. Because bitcoin investment can earn more profit than gold.

Bitcoin is more profitable than gold but riskier than gold. Big investors and billionaires still choose gold to invest in, they don't select bitcoin because it is still an extremely risky asset. We are investing in bitcoin because we take risks for high returns, and people with a lot of money they want to be safe. To be honest, I am investing most of my assets in bitcoin. I only allocate a bit in gold because I want to make a lot of money quickly and hit the target, I will still move most of my wealth to gold, gold is still safer, and that's true.

[pantek talacuik]

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

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.

In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.

[lepbagong]

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

I am not interested in gold or silver, so I don't have any... if you don't count some presents in gold, those I keep, but I don't wear them and neither does my wife. Luckily she doesn't like it as well.

So in my case, it's BTC! And some other alts... and I am at that age when I think about putting something on the side, and crypto looks like the best option in my opinion. Simply I think that crypto is the future, and Bitcoin is leading the race. I think we are still at some beginnings, crypto needs to expand a lot more, and I think new generations will do it. When I look at younger generations they are all into technology, and eventually, they will start learning about crypto... in a few years (if not now!) we will meet 18-20 years old "kids" that know more about crypto than we do after almost 10 years dealing with it.

But it's just my bet... Gold and silver are pretty much stable with some slow grow, while crypto offers a lot more opportunities! People can start from scratches literally and make something, with gold and silver it's not so easy.

In my opinion, gold and silver is more suitable for those who already have billions of dollars in assets, keeping assets in gold and silver has proven to be safer and more profitable, even though the increase in gold and silver is slow, but if we are still poor, we must be brave enough to bet by investing in cryptocurrencies, there are many opportunities. we can get rich from cryptocurrencies and hundreds of percent per year if we invest in cryptocurrencies.

That's true, but if you are a person who has a lot of assets or is a millionaire, but you don't have patience with yourself, it will be in vain. People have to have a patient nature to red what they want later. so you should try to be patient with what you have invested, even if it is in the form of gold or silver.

agree, because patience will be able to dampen everything that is self-defeating in every action that will be taken, which will result in being able to take the wrong policy, especially in every investment made.

but I myself am more familiar with investing in gold and for silver I have never done it and don't know the ins and outs, obviously I don't understand, I am more familiar with bitcoin.

it is clear that bitcoin is more promising than gold and silver, but bitcoin does take a very long time and it is clear that bitcoin is a long-term investment.