1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
DochEvi [55]
3 years ago
6

What are the benefits of diversifying a retirement account with gold and bitcoin?

English
1 answer:
belka [17]3 years ago
7 0

There are many benefits that come with diversifying a retirement account with gold or Bitcoins (or other cryptocurrencies).

Gold is an extremely reliable and solid way to store money, since it's a way to safeguard possessions by protecting one's buying power/conditions (gold is not affected by devaluation the way regular currencies are).

Bitcoins and other cryptos may also seem as an alternative to regular retirement fund options or even gold, but it ain't (at least for now). Even though cryptocurrencies are still very unstable (monetarily speaking), they are (or were according to some experts) a way to store and easily transfer money anywhere. They are very promising in terms or transfers, safety measures (crypto-exchanges and users can get hacked, but the cryptos themselves operate in a relatively safe way), and even though it may be a way to earn some extra money (through trading/speculation), they are not comparable to gold when it comes to monetary safety (stability); that's why they might be a good investment option but the investor must be extra careful about putting a large portion of their retirement fund into them.

In other words, Gold is mainly reliable and stable (a way to protect you buying power and worry less about inflation/devaluation), and Bitcoins are an opportunity to make more money and a reliable and cheap way to transfer money anywhere

You might be interested in
In the poem "god's grandeur," the phrase "nor can foot feel, being shod" means
kupik [55]
I believe the answer is B
5 0
3 years ago
Read the excerpt from Act II, scene v of Romeo and Juliet.
stich3 [128]

Answer:

  1. It keeps the audience engaged in the plot by suggesting more potential conflict in the story.
  2. It explains to the reader why Romeo and Juliet will never find the happiness they seek together.
  3. It provides a clue that something tragic will happen to the lovers later as the story progresses.

Explanation:

  1. <em>"violent ends"</em> - suggests of death and fighting
  2. <em>"love moderately; long love doth so"</em> - Romeo and Juliet's love is passionate and Friar Lawrence is saying that passionate love ends quickly
  3. <em>"in their triumph die"</em> - in the triumph of their love, and their plan to escape, Romeo and Juliet die

I hope this helped with your work!

4 0
3 years ago
which of the following is an example of an imperative sentence? A. a football field is a 100 yards long B. did you go to the lau
Nataliya [291]
The answer is C because it is very important to know that it must be suited on time unlike the others.
8 0
3 years ago
Pls help i will give brainliest
oksian1 [2.3K]

Answer:

some decicions are mistakes a d others will work out

Explanation:

3 0
2 years ago
5.
natita [175]

Answer:    https://answers-learning.com/english/question1417341#

The answer would be: order of importance.

...................................................................................................................................................

It is compare and contrast because it is showing similarities and differences.

Explanation:    I think the answer is either letter A or letter C

compare and contrast  

...................................................................................................................................................

i don't know

5 0
2 years ago
Other questions:
  • 20 POINTS In which of the following plots would the setting contribute the most to the conflict?
    9·1 answer
  • Anthony celebrated _______ of all the fans after his team scored a goal. Which phrase best completes the sentence above? a. more
    15·1 answer
  • Plz help ill give brainlist to you
    8·2 answers
  • What poetic device is demonstrated in this line taken from The Raven?'Doubting, dreaming dreams no mortal ever dared to dream be
    13·1 answer
  • Which of the following is true?
    11·1 answer
  • Which statement best describes the Great Migration during the 1920s? People from all over the world moved to the United States.
    8·1 answer
  • Can you please share your help to me please I really need your my friend
    5·1 answer
  • Create your own sentences that contains simile.
    10·2 answers
  • Capulet: But saying o’er what I have said before:
    14·1 answer
  • Which of the following sentences contains the most negative connotation?
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!