Investing in Gold for next ten years can actually be a great idea
Welcome back,
Today, I will share about how I am saving gold for the future with a very small investment everyday.
Bitcoin is the future but still a lot of people are scared to invest in bitcoin
and that is why they end up saving cash or at most they do a fixed deposit to earn
10% every year.
That makes 100% after 10 years and in my opinion it is quite less
so for me personally I think the better option is gold where we know
it still has a lot of demand.
Gold forecast for 2030 is insane and even though not every forecast is true
we can still assume the price of gold to rise over the period off next 10 years.
I am currently using an app named Jar app that is attested with government organizations in India
and so it is trusted for investing in gold.
I am doing DCA with gold and I will continue it for about two years to see the results and then I will
eventually increase the amount I invest daily.
I also plan to do the same with bitcoin but at this moment when we are in the bull market
I consider not to touch bitcoin even if it goes 2X from here because now taking a entry in
bitcoin as a long term decision is very risky.
For traders be safe as market is fluctuating a lot and bitcoin dropped close to 90k dollars
last night.
So stay safe, diversify your portfolio and also invest in gold for a very long term.
Thank you and happy trading everyone