Post
Topic
Board Economics
Re: Why do older people like investing in Gold/Silver?
by
Lydiaglo
on 23/07/2018, 11:40:35 UTC
I think it has been the best way to save and hodl the value of their money through lifetime. Also, it is a traditional habit as well. For example, my grandparents use all their saving money buy Gold and when they passed away, they splited their gold into different parts and gave those to their children.
It was good but in past when bitcoin and other crypto currencies were not introduced, but now I think that bitcoin investment is too much good and profitable than gold and silver, in fact we can see a very slight change in bitcoin price after years, while investment in bitcoin or other crypto currencies can give a good profit I few days.