Quote from: onrise on April 29, 2020, 07:25:22 AM

Quote from: silversurfer1958 on April 27, 2020, 05:19:02 PM

In my opinion, you should buy gold to prevent inflation. Currently, national governments are printing a lot of money to support people who are unemployed due to the COVID-19 epidemic. This will increase the cost of goods many times. If you have a big savings then you can invest in cryptocurrencies. Besides, there are about 15 days to the Halving BTC date. So I think BTC price will increase significantly in the next few months.

Gold and crypto are really good to buy at this time and gold may just b a temporary phase which will see the upside and crypto if invested in good coins in right allocation can make our wealth grow in coming time. Though it is also better to have strategy as in long- and short-term goals and plan and invest accordingly so that we can make money in both terms.

Gold and Crypto are two of the greatest you can invest right now because inflation would probably kick in and your fiat will become more worthless. However do not forget that stocks increase a lot faster during this period as well, because they are getting constant cash injections to keep going higher and higher, which means if you really end up buying at the bottom for a stock, you would probably hold on until things get better, and see the stock skyrocket as well.

There are really not that many wrong answers right now, even the simplest things are quite profitable in the long run, whenever a crash happens everything goes low, if something bankrupts then it bankrupts, but if it gets help from government and does't bankrupt, that means we are going to see it eventually go up.