Gold and Cryptocurrencies .... what more can you say???

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Avatar for martinezdamp
3 years ago

The idea that the only assets with character to face the decline of the capital market are metals and bitcoin are increasingly reinforced. The advance that both have on investments make them the best option in these times of economic uncertainty. An interesting horizon is seen for these two assets, for example, central banks are focused on the acquisition of the precious metal, in the words of the World Gold Council, it is expected that "demand will continue for the next 12 months". These institutions intend to continue with the entry of this precious metal.

If we analyze the role of crypto's, it sounds a bit similar to the leading role that metal shows at the moment; Digital coins and tokens are beginning to form part of the thinking of many investors, well above the wave of criticism and misconceptions around them. The advantages it presents increase, even above gold, and I think that the most striking thing is the independent character, which presents the majority.

The protectionist nature of these two has been strengthened in the face of, what many call, the degradation of the dollar, anchoring them on solid bases that fill with optimism and confidence, very lacking in the latter in today's fiat world.

Let's not expect much from government institutions; its clear objective is to preserve an image of the market attractive enough to continue the game. Many already know that we are in little explored areas, and there is very little that can be done to achieve an economic recovery. The infinite expansion, the appearance of negative rates, I think what we are seeing is a loss of value of the dollar, a well-known beginning that little by little will take strength and devour privileges granted by the current system.

The fiat currencies are dramatically evidencing the loss of their power against gold, silver and cryptocurrencies; Debt expansion only exploits this weakness and unfortunately there is no logic to having a real solution. At the moment, the most sensible and reasonable thing is to opt for the traditional and diversified hard shirts of gold and crypto's. The trend draws its patterns, the paper is relegated and the accumulation of these two begins its rally.

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Avatar for martinezdamp
3 years ago

Comments

Hello , I'm new in read cash . I've been published 4 articles but o didn't recieve any cents.

And now i confirm that it takes time to recieve cents to be noticed by the bots.

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2 years ago

I do not see any good long-term opportunities for Bitcoin BTC. Here I write why.

https://read.cash/@Telesfor/why-i-dont-use-btc-98073d18

Other cryptos will gain in importance in my opinion.

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3 years ago

Thank you very much for reading the article, I see that you are knowledgeable about the topic, of course, I will write another article about gold, a topic that I love and would like to know your opinion, it is always good to have several points of view. Of course, I read your article and I hope to know your opinion about lighthing network

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3 years ago