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How to Manage Your Precious Metals Portfolio

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Investing in precious metals is a great way to secure your financial future because it makes your portfolio more versatile. You can make a specialized portfolio of precious metals or include precious metals in a wider investment portfolio in order to diversify and improve actual returns.  The precious metals industry is huge; it grew by 4.22 percent  in just the first quarter of 2019, bearing high returns for many fortunate investors. You can be one of them if you play your cards right.  Here’s how you can manage a precious metals portfolio successfully.  Understand the Basics of the Market Whether you choose to make your own precious metals portfolio or hire the services of a professional advisor, you need to have a basic understanding of the market. This will help you make informed investment decisions and avoid any scams.  This involves taking a comprehensive look at the main assets in the industry and a myriad of investment methods and techniques. Build Ac

The Bitcoin Crash and Alternative Investments

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In 2017, bitcoin saw an epic rise that lured investors into investing billions of dollars. Some people spent their entire savings and following the crash, they lost everything they’d ever accumulated. The fall of bitcoin in 2018 led the cryptocurrency market into its largest loss ever. In the first quarter of 2018, the cryptocurrency market lost around $342 billion  and by the end of 2018, the bitcoin had fallen by 80% . According to Forbes , bitcoin will crash again in 2019. People are turning to precious metals markets as an alternative investment option. Here’s why: Prices of precious metals don’t change drastically Bitcoin saw a record increase in its prices that drastically fell within days and stunned investors across the globe. Prices of precious metals remain stable so they provide insurance against the unforeseen risks. They’re an ideal way to save for future because their value tends to increase significantly over time. Their value is not dependent on market forc