Most of the articles on this platform focus on crypto, how to get crypto, how to earn profit from it, how to generate it from games and so on. However, crypto isn't the only viable asset out there that is outside of banks and can produce sizable gain too. In fact, Since the 1970s, gold has consistently produces net gain profits for holders again and again, in addition to being a safe harbor from the frailties on common markets and bank mistakes.

Since the 2020 dip, however, gold has hidden the background, first overshadowed the economic shaking of a pandemic and then by Bitcoin's rise to $60,000/coin. However, regardless of those issues, gold has consistently moved from $1,250/oz to as much as $1,930/oz this month in 2023. That is an objective rise of 54 percent.

chart: Kitco Gold

In the same time period, from 2018 to now in 2023, BTC has moved a net 51 percent with incredible volatility (seriously, how many of us held onto our BTC through that whole ride?).

chart: Google

Where crypto has stumbled, gold continues to quietly plod on and upward. Now, let's stop for a moment and digest what that means. First, crypto sucked up something like $3 trillion in available USD cash at its height. Even with the fallback, there was still almost $1.2 trillion still invested in the digital markets. If the crypto markets drop further, there will be an expected abandonment of that value, and it will go somewhere again for safety. Gold is already at $1,900/oz. What do you think will happen next? Yep, gold has significant potential to skyrocket.

In the above scenario, gold is looking more and more like a win-win. If crypto runs back up, gold my drop a bit, but it's proven history as a safe harbor as well as so many more in the precious metal will likely preserve most of its gains since 2018. On the other hand, if crypto continues to stumble, which is very likely with increased regulation, a political animosity from banks, and poor performance, gold will online inflate more. It's a solid reason why your eggs shouldn't all be in one asset, even if you think a bunch of crypto coins is being diversified.