Soaring metal commodity prices, how will it correlate with upcoming digital currencies like cryptocurrency?
Zero Percent interest strategy, Metal fund manager complaints, while Digital Currencies continue to set new records.
While the prices of gold fall, the value of digital currencies are spiking to as much as double the price.
The precious metals had a history of keeping your money safe and stacked against the rise and fall of the market, but the investors are now wanting to risk their funds for good by investing in the Digital currencies.
Comparing Precious Metals to Digital Currencies:
Safety and Transparency: Gold wins this debate, due to the existence of severe cyber crimes.
Existence: Gold is mined, and digital currencies can be limitless. If you know, you know.
Transferable: Transportation of Gold includes taxes, while it’s not the same with bitcoins.
Therefore, The HandCarry would suggest wisely after intense research.