Is it Time to Buy Gold?
Gold , sliver , diamond and other precious jewellery remains top priority of people to save money. In both conditions, where we have to use it or sell after certain time , it gives better worth back to holders.
With the time passing new things comes in humans priority like food stock , live stock and stock exchanges. In Last 15 years crypto emerges as best hot valued assets to invest , trade or use against commodities. Crypto create fastest growing asset record and within 10 years it is under usage of billions of people around the globe.
Although crypto gets setbacks as the year 2022 gone worst in crypto verse with lot of scams, frauds and collapsing like Cattycoin , BlockFi , Voyager. Then We all know that even in 2023 was not safe because unpegged USDC issue and then collapsing of well settled financial institutions like Silvergate bank and Silicon valley bank made more worst situation for crypto. Hyperverse ponzi , pig butchers, Safe Moon and JPEX of Hong Kong made the last nail.
Bank collapsed due to crypto related stuff like silvergate bank , silicon valley Bank and signature bank are another examples of threats hidden under charm of crypto.
Currently, STA token , Forsage, Polybius and Alameda labs scams with new versions of Al technology making more difficult to recognize genuine projects. Fake exchanges, ponzi, personality endorsement and AI base projects are more threat to community.
The author of the famous book " Rich dad , poor dad " Robert kiyosaki warned people in his latest tweet that don't buy any crypto more.
My believe:
I still believe in crypto's P2P capability and potential that only real crypto will be digital asset and payment method in coming years. Why ? Because it's sovereign Blockchain system , pure ownership without any interference and unlimited possibilities of transactions making it first choice.
Crypto like Solana ( SOL) has very much brighter future which has some unique features. If payment sent from my home , PAK to Florida, USA and supplier receive it in time as a blink of eye đď¸ then how such monetary value can be denied.
Crypto is reality and will remains but yes we need to keep our eyes open before any investment. Keep in mind 4R rule whenever you want to invest. Right product at right time by right weight and through right gate.
One more thing I want to add that propaganda is weapon in today's digital marketing. If you hear lot of things against crypto on different media streams then assume that some thing good is coming in crypto or something good hidden in crypto which is possibly a threat for financial Giants. Cartels, Mafias and Deep Pocket pathologic influencers never wants someone break their net of empires.
So I personally didn't agree to Robert kiyosaki and will go instead of looking orher assets, I should get benefits of the dip to buy more ( if possible, because I can't invest my plate of food into crypto) and Hold for golden days.
That's all for today. Like, upvote and leave comment for feedback.
Note : The article also published on my
Read.cash wall .
Cheers,
Amjad
