What do you think are the weakness of investing in gold?
- Thread starter astutimeliana723
- Start date
Yes, it is normal for this to happen, in the end it is the largest asset in capitalization in the world, so it is normal that this results in a very large price stability.
I think a lot of people does not see gold as an investment instead they see it as a store of value. This is because gold is not like cryptocurrencies that are very volatile.
The weakest link in holding gold as a form of investment is that it can be stolen and you lose it entirely. I remember when I took my mum's gold chain and almost misplaced it . That's how someone's hefty investment would have gone.
And I think that's the best way to look at gold as an asset to tell you the truth, as we can't expect gold to grow by 20% in a year because it's the world's most consolidated asset in the market.
Gold is not volatile. It is a stable store of wealth. The sure thing is that would always appreciate over time. The only challenge is that its appreciation in value is slow.
Yeah, if I decide to buy gold in the future I wouldn't even see it as an investment rather I will see it as a store of value. If I want profit, it is better to invest in Bitcoin.
