Wow, these gold bugs really hate Cryptocurrency with a passion. I was a gold bug myself years ago. I would visit a gold site called kitco and read all the threads about metals and a return to a gold standard. It was there, on the kitco site, that I first heard of bitcoin. Being young and only slightly invested in metals , I found it easy to switch to bitcoin. Id imagine if I had been older and more heavily invested in gold, Id most likely been jealous and hostile toward something that could threaten my investment like bitcoin.
Anyway I stumbled onto the site recently, and was surprised to find a Cryptocurrency section. Then I read a few of the threads.the section clearly isnt there to educate or inform anyone about Cryptocurrency. Its just a lot of fud. Nearly every post is about something negative. I thought gold and cryptocurrency people had more in common. I am still into metals, though if I have any extra funds , every single penny goes to crypto, not wasting it on metals anymore. Crypto is the future.
Cryptocurrency will develop and grow, there is no doubt about it. However, one should not forget that this is a rather risky investment of its funds and caution should be exercised here. You should not invest all funds in cryptocurrency. Here you can get a high profit or lose all your investments. Therefore, you should not forget about gold. A reserve of money in ordinary currency must always be available.