• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
SHIB
Advertisement

SHIB For Gold? Why Crypto Investors Could Look Toward Hard Money Sources

Best Owie by Best Owie
11 months ago
in Altcoins, Crypto News
0
Advertisement
Advertisement

The move to digital currencies such as SHIB has been a swift one, especially in recent times. It has seen the younger, more tech-savvy generation choose crypto investments over traditional investments such as gold and stocks. However, it doesn’t mean that these traditional investment assets are losing the fight. Rather, there are some who have been finding ways to marry the two, thereby leading crypto investors on a path towards more tangible money sources.

The SHIB Gold Bar

Precious metals dealer APMEX has worked out a way to draw crypto enthusiasts towards hard money sources such as gold. The recent listing includes a gold bar that carries the face of the infamous Shiba Inu dog, known to millions of investors worldwide.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

Related Reading | Looking Back At Coinbase’s First Year On The Stock Market

The gold coin is being sold for $2,048.69 apiece but carries a discount pricing for customers who are purchasing them in bundles, also carrying different pricing depending on the mode of payment the customer chooses. 

Shiba Inu price chart from TradingView.com

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!
SHIB trading at $0.00002 | Source: SHIBUSD on TradingView.com

The website does not only offer gold coins carrying the Shiba Inu logo but others with easily recognizable crypto projects. These include Shiba Inu’s fiercest rival, Dogecoin, pioneer cryptocurrency, Bitcoin, and second-largest cryptocurrency by market cap, Ethereum. All of these carry the option of paying with either traditional methods or paying with cryptocurrencies.

Crypto Users Moving To Hard Money?

It would not be a surprise to see crypto investors move from digital assets like SHIB and Bitcoin to other physical forms of money like gold. One of the foremost characteristics of cryptocurrencies is how wildly volatile they can be. While this volatility can cause investors to make a lot of profit in a short time, it can also see them losing significant sums of money in a short time period too.

Related Reading | How Bitcoin Mining Profitability Could Point To Capitulation Still Ahead

So while these hard money alternatives like gold may not promise large returns like their digital counterparts, they offer a more ‘stable’ way to accumulate returns for investment. Thus, crypto investors who are looking to spread their risks and maybe take on fewer risks than those associated with the crypto market may easily move to investments like gold. And what’s more, get a gold coin with the symbol of their preferred cryptocurrencies etched onto them.

Alternatively, the crypto gold coins could also serve as a souvenir of sorts for investors. Not only do they get to keep a gold coin that appreciates over time, hence providing a return on investment, but they also have an everlasting symbol of the cryptocurrencies which they support. 

Featured image from Cryptopolitan, chart from TradingView.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Best Owie

Best Owie

Related Posts

USDC

USDC Outflow Surpasses $10 Billion, Are Investors Losing Interest In The Stablecoin?

4 hours ago
Don’t Invest in Crypto Assets Securities, SEC

Hong Kong To Raise $100 Million To Fund The Growth Of Its Crypto Industry

5 hours ago
Elizabeth Warren anti crypto army

Senator Warren Touts Building ‘Anti-Crypto Army’ In Re-Election Campaign

11 hours ago
Crypto

Australian Parliament Seeks To Accelerate Regulation Of Crypto Sector

1 day ago
crypto

War On Crypto Intensifies: SEC Charges Another Company

1 day ago
Beware of Deceptive Airdrop Rumors on March 31, Says MetaMask

MetaMask Warns Users To Steer Clear Of Airdrop Rumors

1 day ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Trending Projects

  • 5 Best Upcoming ICO List of March 2023

    1 week ago
  • Crypto Investment for Long term: 3 Coins to keep your eye...

    1 week ago
  • Cryptocurrency to invest in March 2023

    1 week ago

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
UU.Game
UU.Game
K8
K8

Press Releases

  • Cryptocurrency News: Analyst’s Top 3 Picks: Polygon...

    5 hours ago
  • The 5 Best Cryptos under $1

    5 hours ago
  • Volt Inu Announce that VoltiCard – A Prepaid Virtual...

    6 hours ago
  • Top Altcoins To Buy For April: Avalanche (AVAX), BNB (BNB)...

    6 hours ago
  • Ripple (XRP) and Nexo (NEXO) on the Rise as Orbeon Protocol...

    6 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.