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RE: Why gold and silver are better than cryptocurrency.

in #cryptocurrency7 years ago (edited)

You are so right, I love Crypto currencies, but at the end of the day Silver/Gold are real Physical/Material elements, Crypto currencies are not, if I had to choose between Silver/Gold or a Crypto Currency - it would be Silver/Gold, again because it is REAL, but I choose to get both, my advice would be make sure you have some physical Silver or Gold before you buy any Crypto Currency.
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Like Neoxian said, get all 3. Gold and silver currently act more as a reserve. There's a lot of money to be made with cryptocurrencies for the next few years. I think you just need to be smart and move profits from crypto into real assets as you can.

Is it just me? with everything going on with crypto currencies, I get the feeling, Silver is getting ready to make a jump? If your wise enough to hold Silver, then your smart enough to have some Crypto's.

HI, Thanks for your response. Yes for me silver is my preferred long term storage asset.

That's why i think steemit is awesome, you get your exposure to crypto for free and pour your spare toilet paper into metal. what could be better. cheers

God Bless you silverbug - I couldn't agree with you more, we will certainly speak again.