Gold price is continuously increasing. In the news headlines it is constantly coming that in one day the price of gold has increased more. It has become such an asset that is unbeatable and every year it keeps increasing. Those investors who are invested in gold then their capital has grown well.
The important reason for this is why suddenly the price of gold is continuously increasing and that too in large quantity. There can be two major reasons, one is the crypto crash where investors are tired of the market and have started investing in safe assets and the second reason is that the value of the dollar is decreasing.
Investors seeing the situation are moving toward safer assets so they can avoid losses. Because gold is a safe asset and the chance of crash in it is very low that is why their interest is toward this asset and that is the main reason the price of gold is continuously increasing.
In the same way we are seeing that trade war between China and USA is going on and now currency is shifting toward Yuan. USA will try to keep dollar strong and attract investors in this currency while on the other side China has clearly announced that from now on we will do trading only in Yuan.
This is a very big news and it has created movement among investors.
Now investors think that for now neither Yuan nor Dollar is safe so their interest has moved towards gold. Until the situation becomes normal investors will stay in gold.
I will in invest in these 4 assets...
Now in such situation what I will do and what my advice is..
I will divide my amount into four parts.
One part I will keep in Hive, second part in Gold, third part in Yuan and fourth part I will keep invested in Dollar.
This way my investment will stay diversified and I will also get a chance to do trading as well. Now I will keep checking and balancing my portfolio
Whichever asset keeps outperforming I will sell its shares and invest in those assets which have not performed yet. In this way I will keep doing rotation and trading between these four assets.
In my view it is foolishness to invest all money in one asset because if it crashes you will get badly stuck. It is better to diversify and keep taking advantage of opportunities. Remember in this strategy you will get the best profit only when you keep checking and balancing your portfolio properly.
For your information, I am sharing that till now top five assets according to market cap are as below...
- First number is Gold which is outperforming. Market cap is more than 30 trillion and current price is 4400 dollars.
- Second number is NVIDIA graphics company whose market cap is 4.5 trillion and price is 181.81 dollars.
- Third number is Microsoft company whose market cap is 3.8 trillion and price is 512 dollars.
- Fourth number is Apple company with market cap 3.67 trillion and price 247.5 dollars.
- Fifth number is Google whose market cap is 3 trillion.
Unfortunately, among top 5, Bitcoin is not there.
Bitcoin is at number eight with market cap 2.174 trillion.
Are you moving toward gold asset? what do you think which asset will outperform next? express your opinion in the comment section...
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IMAGE TAKEN FROM CANVA
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