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Author Topic: crypto and gold  (Read 1440 times)
judaspriest
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December 16, 2019, 08:14:18 PM
 #241

There are differences between classical investors and Cryptocurrency investors. Classical investors may prefer investment instruments with a lower risk of falling. In this case, they lower the odds of winning. Cryptocurrency investors experience more excitement.
then whether with a classic investor can get a big profit? is the method used the same as crypto traders ?, I
 see crypto currency trading is very volatile and different from gold trading which tends to be stable, only down 1-5%

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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December 17, 2019, 12:46:45 PM
 #242

Both are good assets but have unique capabilities to the world of investing and the way they behave is totally different because if we compare them now I guess crypto is more hyped than gold.

I agree with you. Both cryptocurrency and gold are such a good asset in different industry we have. Which are in digital and real world. We can all do benefit from both in many ways depending on how we perceive the scenario or the situation. Maybe we are just experiencing a devaluation in the market of all the existing cryptocurrencies as of the moment but if we perceive it as a challenge that we can surpass, then we can see and believe that cryptocurrency can be a lot more profitable than gold. On the other hand, if we want a real and on hand secure investment, gold will be a good asset for the reason that as time passes by, and as the demand on gold rises but supplies get into shortage, the value rises overtime. The point is that both are valuable assets in different time and scenario so the sense of comparison must be eliminated because both of the two are performing really well depending on how we see it. But what the secure fact about those, both of them are profitable on different platform and manner.

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December 17, 2019, 01:53:11 PM
 #243

Last week I saw the crypto market of bitcoin and altcoin all fell dramatically because there was competition in gold trading that made all prices fall, is gold investment more profitable than bitcoin and altcoin which are vulnerable to hacking.
it could be, gold will be safer and protected by law so the possibility of being stolen is very small. while crypto which is still not protected by law is still vulnerable to hacking and is considered still dangerous if its assets are lost and cannot be processed by law. if it continues like this, maybe gold could be the most sought after investment asset. but if the crypto market can go back up, it is also possible that many people will return to crypto even though there is still the shadow of hacking, because people who think for the short term will dare to take the risk.
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