If you are reading this article I assume you are already into investing.
Investing is securing your money for the future but with much greater returns than savings.
So what do you think is the best asset to invest in?
Till date, Gold has been in high demand in the form of an investment asset. People from traditional times have been interested in owning gold and also trading it to make money but soon things are going to be changed.
We already know how that gold may be a good option to store but when it comes to trading and transferring it to someone else there are various charges involved. One of them being the labor charge. There is labor charged involved when you want to give or sell some part of the gold you own that is mostly not present in any other form of investment.
Now want to know a bigger reason why Gold will not prove to be your greatest asset?
NASA has claimed that PHYSE 16 is predicted to hit the earth. The asteroid is mostly consisting of metals and one of them primarily being GOLD.
The technology is inclined towards asteroid mining and it is predicted that 16Physe would give Gold priced up to $700 quintillion.
Now many people believe that this would make anyone richer by $93billion but think about it again!
With an increase in the supply over demand the price fluctuates. And with such high supply and abundance of the metal, the prices will only decrease.
Do you still want to keep all your money on GOLD?
Thank God again for technology that with the nail in the coffin of gold it has also given rise to cryptocurrency. Cryptocurrency has become very popular in recent times and with the increase in the attention it has been getting since the 2017 bull cycle and the recent Bullrun last month the popularity is nowhere near dying.
Also, we are seeing many Big Giants accepting payment in the form of cryptocurrencies which further gives it the validity.
But the recent fluctuation has also led to fear in the minds of people whether to invest in it or not.
Have you heard of crypto index funds?
What better way to invest than to enjoy the good returns of cryptos along with the security of a diversified portfolio.
Click on libertypool.com to know more.