Post
Topic
Board Economics
Merits 3 from 1 user
Re: Gold , Silver Or Crypto?
by
blatchcorn
on 08/05/2022, 07:57:43 UTC
⭐ Merited by bilal_jan321 (3)
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

For me, I'd rather invest in Gold and Silver, because, Gold and Silver increase in value every year.
Crypto doesn't have a backend only trust. there is a high risk in investing in crypto compared to Gold and Silver

every investment always contains risk, be it gold, silver, or cryptoqurrency. Regarding gold, it is a type of asset that is not affected by inflation, besides that the increase in gold prices is relatively slow. for me gold is more suitable for long-term investment.

Building a diversified portfolio is better then investing all your money in one sector. Gold market is biggest in terms of market cap while crypto is catching up nicely but its far from gold in terms of market cap. Crypto as risk and this risk works in both ways. Its better to invest in both, I would invest 60% in gold (because of its maturity) and 40% in crypto (to take risk).