Chat with us, powered by LiveChat Cryptocurrency vs. Traditional Investments – Which is Better? - Orion Metal Exchange

WE WILL BEAT ANY COMPETITOR'S ADVERTISED PRICE - Call Now To Confirm Product Availability 1-800-559-0088


Cryptocurrency vs. Traditional Investments – Which is Better?

Cryptocurrency vs. Traditional Investments – Which is Better?

The following article is created and or curated by the Orion Metal Exchange for the benefit of our followers.  We seek to provide relevant precious metals, economic and geopolitical content that can impact your retirement and savings. If you are interested in learning about precious metals investing, call 1-800-559-0088, for a FREE investor kit.

Recently exploding into the mainstream, cryptocurrencies such as bitcoin made quite a name for themselves, with many people hopping on board the cryptocurrency bandwagon for investment.

Many people saw bitcoin as a potential alternative to traditional investments. But if the volatile nature of digital currency and its unexpected rise and fall is anything to go by, cryptocurrency is not the long-term lucrative investment people think it to be.

In a battle of traditional investments such as precious metals IRA and cryptocurrency, which will far better? Let’s find out.

Cryptocurrency vs. Precious Metals: Value

In a traditional sense, the value of an object is directly based on its scarcity. The lesser amount is present of something, the more valued it is in the market. Moreover, value is also indicated based on a something’s usefulness. No matter how rare an object is, if it’s useless, it won’t be worth much. If it’s plentiful as well as useful, that too might not be worth a lot. So, what exactly determines an item’s value?

While cryptocurrencies, such as Ethereum, are generally infinite, meaning that there isn’t an exact limit to how much of it can be mined. However, bitcoin is a finite coin. Precious metals are finite as well. There’s only so much that can be physically mined before there is none left to be mined. So, it will continue to increase in value.

Cryptocurrency vs. Precious Metals: Investment Risk

Investing in anything will naturally involve you taking some amount of risk. Nothing is set in stone and everything is subject to change; so, what matters is making an investment that will have lesser risks involved. Investing in precious metals and cryptocurrency is no different. However, the level of risk involved is vastly different.

Cryptocurrency, such as bitcoin, is intensely volatile. Something that you purchased for $5000 can be reduced to $500 the next day, making your entire investment worthless. This is why precious metals are considered a more secure long-term investment. When you buy gold or silver, they are your physical property and will remain valuable, bar a steep drop in value out of the blue, which is unlikely.

Cryptocurrency vs. Precious Metals: Security Risk

A couple of years back, Bitcoin was involved in a dramatic heist known as Bitfinex, where hackers made off with $70 million in cryptocurrency. Hackers were able to infiltrate a secure system and this was only the second-largest heist in bitcoin’s history. Cryptocurrency has a longstanding history of hacks and cyber heists which makes long-term investment dubitable for investors.

Precious metals on the other hand are considered to grow in value over time with fewer security risks and market instability. They can stored in secure vaults, reducing chances of robberies.

Looking to invest in precious metals and buy gold bullion bars or silver coins online? We at Orion Metal Exchange are your go-to precious metals investment dealerContact us for more details about our services.

Your Order Summary

A minimum total purchase amount of $10,000.00 is required to checkout. Click here to shop more

Your Details Back
Your personal data will be used to process your order, support your experience throughout this website, and for other purposes described in our privacy policy.

Once you've placed the order, our team will contact you shortly.

By submitting your information, you agree to be contacted by Orion Metal Exchange via phone, email or text. You can unsubscribe at any time. Please see our Privacy Policy.