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RE: Why gold and silver are better than cryptocurrency.

in #cryptocurrency7 years ago

I'm getting tired of endlessly hearing that silver and gold are finally going to take off in price. What makes you guys think that price suppression and manipulation (which has been ongoing for many decades) will finally come to an end. My precious metals holding are barely beating inflation while my crypto holding have massively outperformed my precious metals holdings. I'm considering selling the remainder of my silver and gold and entering a market with far better prospects.

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I feel your pain my friend, but how many major financial crises has cryptocurrencies gone through and come out the other side better off? Precious metal investing is NOT a get rich quick scheme, it's about building a core asset that will grow over the decades and will always be there no matter what happens in the world. That's why it's been the core of any dynasties portfolio for over 5000 years. Cheers.

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