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Forget Gold at $5,000 an Ounce. Here’s Why a Simple Crypto Portfolio Might Be the Smarter “Hard Asset” Bet.

Forget Gold at $5,000 an Ounce. Here’s Why a Simple Crypto Portfolio Might Be the Smarter “Hard Asset” Bet.

Gold’s price recently clearing $5,190 an ounce was an undeniable sign that investors everywhere are paying up for what they think is a safe asset. When that happens, safety gets awfully expensive, often to the point of making riskier assets with lower valuations look a lot more appealing.

On that note, many leading cryptocurrencies are currently priced a lot lower than in the recent past. Making a simple crypto portfolio centered around the “harder” assets might be a better option than piling into gold while it’s richly valued. Let’s explore that possibility and figure out how to implement it properly.

Bars of gold embossed with the Bitcoin logo.

Image source: Getty Images.

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