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).
Yes, that's true. remember the adage that says not to keep eggs in one basket and what you just described is the beginning of how to lead to success in investing. but it should be underlined that no wealth comes instantly.
other things; some people are certainly no stranger to gold, which is known as an investment asset in the form of goods. while crypto is a digital asset that is still rarely known by the public. apart from that, financial management needs to be implemented, research, must be ready to take risks from every decision you have made etc.