RE: Can Gold & Silver Be Put On The Blockchain?

[shenchris]

Amazing post and spot on point of view. Thank you again for such a great post.

I agree, bitcoin does not affect gold or silver, and they are not competitors. I believe that it is important to hold 90% in gold and 10% in cryptocurrency. And most importantly, divide majority of that 10% between BTC &ETH, then put the rest in altcoins, such as LTC, STEEM, & DASH.

That being said, ZenGold and OneChain are both digital assets that are backed by gold. Or Digix Global (DigixDao).

Thanks for reading, and guys I will follow your account if you upvote my reply. Thanks again, I post contents and give Steem reward for top voted respondent!

Comments

[finnian]

The best advise is to spread your stored labor around as you wrote. I would add other assets as further hedges though. Diversify as much as possible into many different assets, and then rebalance between them to maximize your profits when an opportunity is seen.