It is no rare occasion to see the juxtaposition of a cryptocurrency and gold as investment methods.
Today, on the contrary, we are talking about the ways to combine the advantages of a cryptocurrency and gold into a single investment strategy.
Let’s start with gold.
The main strength of gold is reliability. People invest in gold to protect capital from crises, given its traditional resistance to inflationary fluctuations.
But therein lies its main weakness — gold cannot be used as a source of speculative income.
It’s profitable to invest in gold to preserve capital, but it requires other instruments to create some.
Cryptocurrency trading is one of the most accessible and promising of such instruments.
Unlike gold, almost all cryptocurrencies are highly volatile, which is a ground for profitable trading.
Thus, it’s better to make money with cryptocurrency trading and store wealth in gold.
The rest is to do each of the stages as effective as possible.
How to achieve the best results in cryptocurrency trading?
The basis for successful trading is the right choice of a strategy that will allow you to earn regularly.
It might be arbitrage, margin, leverage trading, scalping, hodling, or another — probably you own — well-proven strategy.
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It is also necessary to use modern tracking and analytical instruments.
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Moreover, it’s important to remember about the instruments that increase profitability.
Copy trading is one such instrument.
With its help, successful trading becomes an asset that can be sold. If the number of subscribers is significant, the profit from copy trading can exceed the profit from trading itself.
Auto-trading or a bank deposit: what is more profitable?
So, with the help of all available instruments, you have achieved a day-to-day profit from cryptocurrency trading and want to manage the earnings wisely. You may increase trading volumes to increase profits, but the best you can do is risk diversification, which is to move a share of your funds in other assets.
That brings us back to gold. Experts recommend investing in real assets — jewelry, or coins. Physical ownership will ensure the safety of your capital.
Thus, by using the high volatility of cryptocurrencies, making a profit on a high liquidity market, and converting a part of your income into gold, you combine one of the most technological and accessible sources of profit with a highly reliable store of value.
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