Coininvest founder suggest investing gold silver platinum - How to take advantage of the cryptocurrency furor by investing in metals such as gold, silver or platinum, according to Coininvest founder.

Making investments when you don't have the right knowledge carries great risks.

It is difficult to raise some money in order to make it profitable and, nowadays, there are many options to achieve it: stocks, investment funds, bitcoins, precious metals and a long etcetera.

The source has exclusively interviewed Daniel Marburger, CEO of coininvest.com, to analyze an investment for which it focuses, which is based on tangible assets that do not lose their value over time: gold and silver. In addition, he explains the reasons for the launch of "Silver Bitcoin", a cryptocurrency that combines excitement for tokens and interest in silver.

First of all, regarding the attractiveness of metals to invest, Margurberg argues that the gold trail has existed for centuries and now has more attention than ever. ” Since inflation is expected to be relatively strong in the world's major economies, gold and also silver have become a highly sought-after investment, " he says.

The expert explains that the prolonged use of gold, silver, palladium and platinum in electronics has decreased in any case, as few laptops still use rotating hard drives coated with platinum. "Many now have solid state drives, while cloud storage has skyrocketed and the use of platinum there has somehow offset the decline of laptops,” he says.

Coininvest founder suggest investing gold silver platinum

However, platinum's unique catalytic, chemical and physical properties have led to its use in multiple industrial applications for over a century. "The most important technology, in which platinum is at the heart, is the development of the hydrogen economy," highlights the expert.

Climate change is more high on the global agenda than ever before and this has increased confidence that the hydrogen economy will occur.

Meanwhile, gold, silver and platinum have not experienced an extreme rebound this year; on the contrary, precious metals have experienced a more significant correction after the launch of the first vaccines. ” This was and probably still is the opportunity to get into precious metals at a much lower price than during the first weeks of the pandemic, " Margurberg said.

In recent times a great furor is being observed in the cryptocurrency market. Therefore, one might wonder what advantage investing in precious metals has over these digital assets and whether, even, the two concepts can be combined when developing a specific strategy.

According to Margurberg, when customers buy their precious metals with their platform, they will always receive them, which is an advantage as they will have a physical asset. ” You can maintain the investment physically, " he says.

Coininvest founder suggest investing gold silver platinum

"In addition, the price variations of metals are much more moderate compared to cryptocurrencies and gold in particular has already proven its track record over the years,” he notes.

"Having a bar or a currency is different from just seeing a constantly changing number on an online account," he adds.

But Margurberg goes further, taking into account the attractiveness she thinks metals have, by joining blockchain technology with the bet on these assets by launching the Silver Coin, an original 1 ounce silver coin whose design representatively connects the world of precious metals with that of cryptocurrencies.

” The plan for a silver bitcoin was developed when bitcoin had a weak moment, in March 2020, " he recalls. “From the first design to the launch in February 2021, the price of bitcoin skyrocketed and we felt vindicated in the project ( ... ) The simple reason behind this was simply to give crypto investors an investment they can hold, they can touch,” he goes on.

What makes this token different? For Margurberg, the design, a 3D render, and that to convert it into a coin with a face value, they had to apply for approval of the effigy, which is unique for a cryptographic design. “Once the design and legal tender status are approved, the die casting process begins, which is a phase that can last from 3 to 6 months, depending on the circumstances,” he says.

Coininvest founder suggest investing gold silver platinum

The question is whether this segment has even more potential. Something that the expert considers his path is more than clear, despite the current volatility. "Lately, we've seen many cryptocurrency investors opt for gold and silver as an investment, especially silver, which could also have been slightly driven by the recent Reddit frenzy," he notes.

"The price movements of silver and cryptocurrencies have shown that their investment is correct,” in his view.

In fact, bitcoin has lost 40% from its recent highs, while gold and silver are on an upward trend.

“In some cases, our silver bitcoin was their first investment in the precious metals sector ( ... ) The feeling of holding a precious metal bar or coin is different from just seeing a number changing on an online account,” he goes on.

Coininvest founder suggest investing gold silver platinum: In this regard, Margurberg relates that the potential of the technology itself is linked to a precious metal storage program and authentication of ownership via blockchain is interesting.

Lately there has been a lot of noise in the cryptocurrency market. Digital tokens have been driven by tweets from famous entrepreneurs, no doubt self-interested.

"We will probably see the regulatory requirements for cryptocurrencies, so the reaction of investors had an immediate effect on the price of multiple cryptocurrencies,” he emphasizes.

” As mentioned above, the metals market is not so volatile, which is due to the number of players involved: the liquidity of gold and silver is a fact and the market environment for investors is different, " Margurberg says.

# Coininvest founder suggest investing gold silver platinum #