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...
Are you sure there is no difference when comparing both gold, silver and bitcoin? Can gold and silver generate huge returns like bitcoin? Do they both give you privacy or give you full control over your assets?...There are a lot of differences when comparing these two investments. There are many differences when compared, even they are not suitable to compare with each other but because they are the most valuable assets, people always like to compare to find the winner.
Bitcoin never guarantees huge profits but there are high chances and possibilities. If you can hold bitcoin for long time and buy bitcoin in a good time dip market you can get profit but it will never give you granted profit you can also huge lose from bitcoin. And since Bitcoin is not a currency controlled by any country's government or any organization, there are high risks if you are aware of them and can accept the risks, then Bitcoin is for you. But for those who want a safe investment, gold and silver would be a good choice. So who invests in what depends on their personal ability of accepting loss