Gold Crypto Silver

Buy Gold Crypto or Silver.


Gold vs Crypto! Paper Gold vs Physical Gold. What should I be investing in? Should I Buy Gold Crypto or Silver? Get educated so you can make your own decision, invest in yourself.Wealth with Crypto

Old vs New, Centralized vs Decentralized – Gold has been around 1000s of years crypto just a bit over 10 years. Why would you want to invest in Digital Gold?

Crypto is still relatively new to the trading and investing scene, but that doesn’t mean you should not be interested in trading crypto.

Many people are calling crypto the New Digital GOLD. People who got in early and mined this new digital gold have made a lot of wealth. Many experts are predicting Bitcoin could reach 100k! Are you prepared to miss this new digital gold rush??

Digital Gold

You have all heard of Rich Dad – Poor Dad, right? Well, check out this video where Robert Kiyosaki & Anthony Pompliano discuss Gold and Crypto, the new Digital Gold.

Crypto Facts and Myths

Interesting video, so Let’s go over a few facts and myths.

Bitcoin is considered by many as one of the most revolutionary breakthroughs of the 21st – 2nd only to the internet. Bitcoin was the first; numerous cryptocurrencies have been and gone after Bitcoin. This is proof that Bitcoin and the blockchain are here to stay.

Fact

Some interesting facts about Bitcoin – Did you know why May the 22nd is Bitcoin Pizza Day? On 22 May 2010, two Pizzas were exchanged for 10,000 BTC. This was the first official documented purchase of goods using bitcoins. At that time, 10,000 BTC was $41. Today 10,000 BTC is around $107,500,000 USD.

Myth

Have you heard that Bitcoin is untraceable? Not true how do you think the FBI busted the owner of Silk Road? When making a transaction, your name/identity is not recorded. Only your Bitcoin public address is available. The blockchain is a permanent and transparent ledger. If anyone knows your Bitcoin public address, they can see what transaction you have made and how much bitcoin you hold. Yes, it is difficult to trace but not impossible.

Fact

Lose your Bitcoin private key, and you lose your bitcoins. True – YES, you do. The story goes that James Howells cleaned out his desk at home and threw away his hard disk containing the private keys of his bitcoin that he had mined. He searched high and low but could not find the disk with the private keys for approx 7500 BTC. Without these keys, the funds are gone, so in today s market, you could say he threw out around 80 Million US Dollars – Yes, $80,000,000. It has been said that around 25% of Bitcoin has been lost.

There will only ever be 21 million bitcoins. -True. Remember, central banks can print their own money, but once Bitcoin reaches 21 million, that is it forever. The last bitcoin will be mined in 2140. After that, no new bitcoins can be mined. Bitcoin has a limited supply; do you think that will make it valuable?

Myth

They will ban or stop Bitcoin – they can’t; if you have a digital wallet and an internet connection, you can exchange BTC. Countries can, however, try to regulate it and some, countries like Australia and Japan have made Bitcoin an official legal tender, and other countries are still not sure what to do with it. But give it some time, the beauty of Bitcoin is it can’t be pushed away just because it threatens the financial power structure. Bitcoin is the way of future currency.

Those are just a few interesting facts and myths about Bitcoin. If you are still struggling with the terminology, click the link and jump on over to my post Understanding the Crypto Lingo.

Free Crypto Trading Course

FAKE Money

So you still think Crypto is not real or is Fake Money well, ponder this, you have heard about the gold standard, right.

A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price. That fixed price is used to determine the value of the currency. In 1971, they dropped the gold standard, which basically meant they could print money when they want. If you want to know more click, the link for Investopedia’s definition of What is the Gold Standard.

Now, remember there will only ever be 21 million BTC but normal fiat currency like the USD they can print whenever they want, see where I am going? What do you think will increase in value? Bitcoin can NOT be counterfeited, EVER, because of the Blockchain technology behind it. So paper money can be counterfeited and printed whenever a government decides to devalue it. Bitcoin has a limited supply which increases its value and can not be counterfeited – Something to think about.

Investing or Trading.

So if you have watched the video and done a bit of research, you probably realize, like me, that investing in crypto is not a bad idea. That is my opinion, not saying you should you need to make up your own mind. At this stage in my life, I am actively trading crypto and starting to invest.

Speaking of trading, check out what just happened. This is why I love trading crypto; while writing this article, I have been watching the charts, and I placed an entry for a short trade. In that short amount of time, I have taken my profit, and I am out of the trade.

I have posted this not to brag but to show you how easy it can be and why I like trading crypto so much. This trade took a few minutes to identify a few more to check it meets all my rules, and then I just had to place the trade, set my take profit and stop loss. That is it, set and forget, that just happened to be a good one, mind you, they don’t always work, but if you play the game of probabilities with an edge and stick to your trading plan, you will come out in front over the long term.

Got to love Crypto trading. I have spoken mainly about Bitcoin in this post, but to trade crypto, you don’t need to own Bitcoin or only trade Bitcoin. I typically watch the top 100 in the market cap, so there are many options other than BTC.

Which Coin?Buy Gold Crypto or Silver

At the end of the day, because I am not talking about investing now but just trading, it doesn’t really matter which coin I trade. I have no bias on what coin when it comes to trading. If it meets the requirements for the strategy I use and has enough volume/liquidity, I will trade it. I will be in and out over a short period, and it doesn’t matter if it is going up or down. I made a profit on the trade above when the price was falling. Pretty cool, hey, have I said how much I love crypto????

What Now – Invest or Trade

Well, I hope this article has given you a bit of an idea of why I get so excited about crypto and whether you should buy gold crypto or silver. I am just starting to invest with crypto, so look out for future posts about investing in crypto but for now, Let’s consider the trading.

I hope you realize crypto is real and will be a big thing in the future of currency. To trade crypto, you don’t need to worry too much about which coin you are trading. You are not investing; you are just trading it for a profit, and to do that, you need a solid strategy and a good trading plan. You certainly don’t need to know everything about every coin. My future articles will go more into strategies and trading plans but if you have any questions or have a good investing strategy, let me know. Just shoot an email to dave@2dsirecrypto.com and remember………….

Be the Best you can Be

Crypto Dave


❗ DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on 2dsirecrypto.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own

10 thoughts on “Buy Gold Crypto or Silver.”

  1. In my search online for crypto currency, I found out that there is so much information out out there that it is hard to tell which one to go for but one thing that caught my eye is the possibility of buying this type of crypto which in my own strong opinion are probably the best because cryptos like this would hardly go wrong and this is all due to the fact that no matter how bad the economy is, gold’s value is usually intact.

    1. You could go wrong if you invested in the wrong coin however they are comparing Bitcoin to Gold and calling it the new digital gold so I know which crypto I am going to HODL, do you?

      Crypto Dave

  2. I have bookmarked your site. Although I have also memorized your domain name already. Thanks for putting together these very useful posts.

    Investing is a keyword during this pandemic. We know that the world’s economy is heading down an we need alternatives to invest in. I have been researching about crypto and would like to put my foot in the water.

    1. I believe that is a wise move to invest in yourself and learn about crypto, I am going to start doing some reviews on crypto courses and strategies and will let you know about the specific one that I use and started me on my journey to wealth. If you have any questions at all Paolo just ask here or send an email to dave@2dsirecrypto.com and remember……………..

      Be the Best you can Be

      Crypto Dave 

  3. Hello Dave,

    Thanks for this wonderful article you’ve shared. There are many ways to invest your money and lately there have been this great move at investing in crypto and so far, I’m impressed with all I have seen about it. Trading can be beneficial, but I really would have to learn a lot about it and this is why I have been drawn to mostly investing in crypto. 

    1. Investing in Crypto is a sound long term strategy I believe but trading doesn’t have to be hard if you follow the right system and have a good plan in place. Keep an eye out for my next review where I will reveal the systems I personally use to trade, it works well for me and is simple.

      All the Best with your Investing

      Crypto Dave

  4. Hi. I agree with you all the signs are that crypto, or at least most certainly Bitcoin will rise in value. I think it could be a wild ride but I think in the long-term of a few years or so say, we will see a further rise in the value of Bitcoin. I read George Gilder’s book on this subject a short while ago. That inspired me to take a small position in Bitcoin and a small position in Ether. Since then the Bitcoin position has gone up around 250% while the Ether position has improved but not by as much. So I am investing rather than trading. I think the chances are that more people will be drawn to trade crypto and in particular, Bitcoin, and that will move prices up even more. At some point a crash is likely but I think it will recover and go even higher. So I am a long-term bull for Bitcoin. Best regards, Andy

    1. Definitely Bullish for Bitcoin Long term, all the supposed experts are saying it could be between $90,000 – $300,000 by the end of 2021, you could make another 250% in a year if that happens.

      Got to love crypto, the market will likely have a pullback at some point but that is what markets do, that is why I love trading because you can still make money in any direction.

      Crypto Dave

  5. Hey Dave,
    I think this topic is a scary one for people that do not understand it, myself included! I am laughing at myself because I know that what you are saying here is true: it is the future. I just truly want to have something tangible that I can see and feel, you know. I am not quite a fan and I only say this because I lack the knowledge and experience with crypto currencies and Bitcoin. I guess I believe in cash and that money should be legal tender. Other than that, good article and very educational. I did not listen to the video because it shows 30 min and I do not have the time. Maybe if you add in a short video, I would have watched it. Thanks for sharing. Keep up the good work. I am sure I’ll be back for more of your good education. Cheers! Lily

    1. Hi Lily and thanks for stopping by if you are keen to educate yourself a bit more start with this Free Course

      I know the video is 30min but it is worth your time to invest in, I think if you are serious about Wealth with Crypto you would take the time to watch the clip. Cryptocurrency and blockchain are our future don’t get left behind.

      Crypto Dave

Leave a Reply to Dave Cancel Reply

Your email address will not be published. Required fields are marked *

Scroll to Top