Quote from: rhodelmabanal on May 14, 2023, 06:46:29 PM

Quote from: koleusdat on May 09, 2023, 12:06:13 PM

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Putting money everywhere is risky, putting it in a bank or even buying gold as investment or crypto is risky but it is normal because you put your money in others hand to earn interest and earn, for me investing gold or crypto is the best option it is also risky but if you are lucky you can get a big return from the money you capital in buying it than putting it in a bank.

Yes the risk is everywhere, we should not be thinking of it as such to avoid stopping us from pursuing our goal. Money is made every day and the high mind of risk for investment will put investors into many gains. Those who will have their long term investment plan on gold and bitcoin can not lose in the end, the best of the two has not been seen, people will continue to pump their money. The two are therefore good for the reason that there will be time when money will be taken from gold to bitcoin and from bitcoin to gold. Some kind of adjustment in price favors may happen and will be shifting the price of the two. By possessing the two together, the risk will be less and profit will be made in the future for sure.