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Yeah right, you should store (physical) gold bars in a bank by renting a deposit box, even though you can store physical gold bars in your house using a safe but they are very prone to theft.What is a safe deposit box? Does that mean when we save gold bars we have to keep them in the bank. It's true that the house is prone to theft, you have to provide a safe box in a safe place.
Yes, investing in gold, jewelry or even silver has little risk and in the long run you will always profit, but crypto is not like that and it is even said that there is a possibility of the destruction of this market.My mother loved investment in gold jewelries and passed me this trend. It's a helpful investment if we keep our jewelries during decades, as in the moment we need to exchange our pieces with money, we get the payment according to the current inflation and not to the purchasing price of decades ago. And this even works when the currency of a country changes.
Yes, of course! Cryptos market is too volatile and this kind of investment is very risky, in spite of the potencial of earning big (and also to lose big) Gold and silver jewelries and lingots don't produce interests, but these items constitute conservative assets, between the less risky ones.
Yes, that's true, but the risk is also low. So it is suitable for people who do not want to take high risks in investing. Including me, because my money is limited. LOLOne of the disadvantages of gold is the slow increase in price so that profits are relatively small and generally prices rise when a country's economy is stagnant or inflation occurs.
It's not a matter of limited amount of money but more emphasis on different person's risk profile, if someone has low or conservative risk profile then if he takes high risk investment instruments then he will not be able to sleep, thinking about the risk the price fluctuates rapidly and drastically .Yes, that's true, but the risk is also low. So it is suitable for people who do not want to take high risks in investing. Including me, because my money is limited. LOL
Yes, that's right. But when it comes to business, I'm not afraid to take risks. Maybe because my passion is in business not investing. So far I have no experience with investing. Tell us about your experience in the investment world.It's not a matter of limited amount of money but more emphasis on different person's risk profile, if someone has low or conservative risk profile then if he takes high risk investment instruments then he will not be able to sleep, thinking about the risk the price fluctuates rapidly and drastically .
To tell my experience about investing might be too long if it has to be written on the RIF page, basically I like to take risks both in stocks and crypto but often lose, especially in IPOs and ICOs.Yes, that's right. But when it comes to business, I'm not afraid to take risks. Maybe because my passion is in business not investing. So far I have no experience with investing. Tell us about your experience in the investment world.
Oh yeah, what do you do when you experience a loss on an investment platform? Did you stop immediately or did you try again? How do you deal with stress when you lose on an investment?To tell my experience about investing might be too long if it has to be written on the RIF page, basically I like to take risks both in stocks and crypto but often lose, especially in IPOs and ICOs.
ICO and IPO are types of speculative instruments, so the losses must be given up, of course you will switch to other instruments. The funds to invest in this type are really idle money and not big money.Oh yeah, what do you do when you experience a loss on an investment platform? Did you stop immediately or did you try again? How do you deal with stress when you lose on an investment?
OK, I quite understand, thank you. Because the same thing doesn't apply in the business world, when we fail we have to try again, when we fall we have to get up again. Until we find the point that will lead to success. That's what I do when trial and error in trying a food recipe. lOLICO and IPO are types of speculative instruments, so the losses must be given up, of course you will switch to other instruments. The funds to invest in this type are really idle money and not big money.
Crypto market is very risky, but I sincerely hope it won't happen such a mishap (the destruction of the entire crypto market). It would be a true disaster for many sites that pay cryptocurrencies like Steemit. It would be a true disaster for all of us that mostly earn cryptocurrencies to perform our online jobs. And it would be the end of my arts career, as since years I only publish my creative e-books among sites like Steemit, publish0x, etc. Lately, I'm also publishing my musical video slides and it would be the end of my musician career too...Yes, investing in gold, jewelry or even silver has little risk and in the long run you will always profit, but crypto is not like that and it is even said that there is a possibility of the destruction of this market.
I really appreciate your opinion about crypto which is very risky, because of that we need to manage crypto properly so we can minimize the risk of loss through diversification, if you are afraid of crypto losses you should avoid it, there are many more promising investment instruments such as gold, bonds and propertyCrypto market is very risky, but I sincerely hope it won't happen such a mishap (the destruction of the entire crypto market). It would be a true disaster for many sites that pay cryptocurrencies like Steemit. It would be a true disaster for all of us that mostly earn cryptocurrencies to perform our online jobs. And it would be the end of my arts career, as since years I only publish my creative e-books among sites like Steemit, publish0x, etc. Lately, I'm also publishing my musical video slides and it would be the end of my musician career too...
The truth is I have never invested a single penny in crypto market using my own pocket. My crypto savings, all of them, come from several online earnings whose sites use to pay only cryptos. But I didn't leave all these earnings among crypto wallets. I converted the biggest earnings to FIAT and now this amount is mostly investments in Federal Treasury that returns a percentage until 6,50% above the inflation.I really appreciate your opinion about crypto which is very risky, because of that we need to manage crypto properly so we can minimize the risk of loss through diversification, if you are afraid of crypto losses you should avoid it, there are many more promising investment instruments such as gold, bonds and property