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.
For me, who is still relatively young, and doesn't have a lot of burdens in life or experience in seeing from several sides between gold, silver and crypto, of course I choose crypto, even though I understand historically that gold and silver are assets that are indeed resistant to economic turmoil. and the longer the value of these two precious minerals never goes down because they are in equal proportions, and as we can see the longer the price of these two commodities increases, and does not have the nature of fluctuations like crypto.
Like bitcoin is of interest to me, because basically when it comes to security, then bitcoin will also be safe if you store it properly and under your own control, but indeed assets from bitcoin and Eth or other crypto have the nature of price fluctuations that refer to certain trends .
However, it is up to each individual to make decisions and see opportunities.