Post
Topic
Board Altcoin Discussion
Re: Safe Gold investments and viability
by
Rufsilf
on 16/10/2021, 06:17:32 UTC
Hey, you guys, I plan to invest in the gold project recently, but given the previous experience heard from various quarters, Is it still safe and can anyone recommend it as viable? thanks a lot.

Yes it's still safe and recommandable investment because gold is scarce, highly valuable and historically proven that is worth to invest. Still there's a chance of risk because gold is also volatile on the market nowadays. Given that it's a precious metal or as a commodity, it can provide you profits in return in the future but it's not a hedge against inflation.
Bitcoin in the other hand can be a best defense against inflation and proven to provide competitive returns than gold. It is also a good investment in todays generation.