Top 2 Investment Mistakes to Avoid with Gold and Bitcoin Right Now
Chris Ralph, Professional Prospector 32:07
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Bitcoin crossed a record high above $60,000 recently, as major companies and financial institutions begin to adopt cryptocurrencies. It has been greatly in the news and there is a real air of excitement over Bitcoin and the other cryptocurrencies including ethereum, doge and litecoin.
On the other hand, gold has been valued deeply by man for millennia. It has industrial uses and there is always a value to it. Making new gold is difficult. Gold is beautiful, Gold is rare and always will be rare.
Which of the two are the better investment? Bitcoin may be stealing the spotlight from gold, but central banks are racing to develop their own digital currencies—consciously aiming to blunt the appeal of the private crypto and other virtual monies. What will happen with central banks start to compete with private crypto like Bitcoin?
For those who want to learn more about Prospecting and finding real gold check out my book, Fists full of Gold. It’s an encyclopedia of everything on the topic of prospecting. It’s available on Amazon. You can find it at (affiliate):
https://www.amazon.com/gp/product/0984269207/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0984269207&linkCode=as2&tag=nevadaoutback-20&linkId=ab9ce57d40522b1cc4764073f9d5638f
For even more information on prospecting, minerals, gems and other related information you can also check out my website at:
http://nevada-outback-gems.com/prospect/chris_prospect.htm
The Prospecting and Mining Journal magazine can be found at:
http://www.icmj.com
On the other hand, gold has been valued deeply by man for millennia. It has industrial uses and there is always a value to it. Making new gold is difficult. Gold is beautiful, Gold is rare and always will be rare.
Which of the two are the better investment? Bitcoin may be stealing the spotlight from gold, but central banks are racing to develop their own digital currencies—consciously aiming to blunt the appeal of the private crypto and other virtual monies. What will happen with central banks start to compete with private crypto like Bitcoin?
For those who want to learn more about Prospecting and finding real gold check out my book, Fists full of Gold. It’s an encyclopedia of everything on the topic of prospecting. It’s available on Amazon. You can find it at (affiliate):
https://www.amazon.com/gp/product/0984269207/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0984269207&linkCode=as2&tag=nevadaoutback-20&linkId=ab9ce57d40522b1cc4764073f9d5638f
For even more information on prospecting, minerals, gems and other related information you can also check out my website at:
http://nevada-outback-gems.com/prospect/chris_prospect.htm
The Prospecting and Mining Journal magazine can be found at:
http://www.icmj.com
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