Post
Topic
Board Economics
Re: Gold , Silver Or Crypto?
by
puloweh555
on 25/08/2023, 17:50:05 UTC
We have different goals in investing or holding assets, and of the options OP mentioned, I think they are good assets to hold. Before bitcoin, I was also more focused on buying gold, but after I found out about bitcoin, I started to be interested and now I am more focused on bitcoin (by not ruling out gold).
Bitcoin continues to experience rapid growth, and from there I see opportunities that are a pity to miss.

For the views of many people, especially parents in my neighborhood, it can be said that gold is still the prima donna among them, yes it happens because in my neighborhood there are still many who do not know bitcoin.

Every one had their own opinion in the way of holding their assets.Because they had earned this money and have a potential to make their asset based on their opinion.At the ancient time,the gold was preferred one by the people and later to hold lesser shares they used Silver.Now after the invention of crypto currency,most of the people ready to hold in crypto currency.The main reason for holding in crypto currency is the profit time period for crypto currency will be low as compared to gold and silver.
Agree with you, everyone has their own opinion about how to save their wealth. For me Bitcoin is better in terms of storing treasures than gold or silver. Since it is unacceptable for gold to reinforce fiat currency in every country, at some point, for the sake of credibility, countries have to be transparent with their gold reserves (we need to know how much gold reserves there are in the world). Given what we're currently seeing, this is unlikely to happen. Just imagine the benefits countries receive when they manage to project the illusion of huge gold reserves (although this is most likely not the case).

Bitcoin came to fix everything. We know how much there is and how much there will be (maximum) and how much new supply is created. Gold is too opaque (in quantity and composition). So in conclusion bitcoin investment is more profitable to achieve maximum profits in the future.