Post
Topic
Board Economics
Re: Gold , Silver Or Crypto?
by
marcous
on 26/08/2023, 11:06:45 UTC
Many financial advisors suggest gold , silver and cryptocurrencies as the best investment for this decade! what do you think?

Gold and silver are solid coins in the same category of precious commodities. These investment instruments are as old as human history and as reliable as human history. I can always invest in them and never hesitate to do so. On the other hand, we need to unpack the concept of crypto in the topic title. I trust solid cryptocurrencies like Bitcoin and Ethereum as much as I trust gold and silver, and I invest in them as much as I invest in gold and silver. As a result, I don't see very sharp differences between gold, silver and Bitcoin. For me, these are alternative products in the category of solid money...
Agreed, but for a safe position and to maintain value I personally would invest in gold. If you have more spare funds, you will invest in Crypto such as BTC or ETH. In terms of earning Crypto profits more potentially, this is in accordance with the risks it has.

On the other hand, gold is still the safest place to store it now and in the future because its history has been proven. The choice returns to each, and risk management is needed before making an investment.