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Author Topic: Will people come back to gold  (Read 24501 times)
TheReverend
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December 17, 2018, 12:01:08 AM
 #141

until now i see most of people still investing in gold real estate and stock., they just want to expand their knowledge,then invest in crypto.
for now is a great timing to in because all coin is dump.
Aramazdi
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December 17, 2018, 02:02:13 AM
 #142

I don't know exactly about the other regions but from ASIA you cannot take gold away. They are crazy about gold and they are ready to invest in gold any time. I think this year investors are more interested in Gold as compared to crypto currency. Now Let's wait for the mid January to have an idea of BTC price.
we have to see because some Asians still like to infest with gold, this is because most of the Asian region is not well connected to the internet network, so people still don't really understand bitcoin, but not all Asian regions are backward, because in Japan, South Korea and many other developed countries, people prefer to invest in bitcoin rather than gold, this is because the government facilitates bitcoin users to do each of their trades, and internet connections in developed countries have also been very good.
ngano ba
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December 17, 2018, 05:33:19 AM
 #143

The people will no longer invest in gold largely because as they are investing into different business including cryptocurrency, they are also investing parallel for gold and other precious metals and stones, investors will go to join other new investment technology , for then that the market is in falldown ,the investors will sit and think of another investment for the mean time that the market is low.
Irvinn
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December 17, 2018, 05:38:18 AM
 #144

With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
In my opinion, people did not go anywhere from gold, it always remained in the place of honor among investments with money supply surplus. You can earn in cryptocurrency, but you need to store partially earned in traditional ways, including gold. No matter what anyone says, gold has always been, is and will remain gold, the benchmark of the value of everything.
aditasetia123
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December 17, 2018, 05:48:49 AM
 #145

until now i see most of people still investing in gold real estate and stock., they just want to expand their knowledge,then invest in crypto.
for now is a great timing to in because all coin is dump.

commodity and stock market still be main choice for investors.investing in cryptocurrency market just to diversify their asset.so they would not suffering huge loss.
gurang
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December 19, 2018, 02:34:48 PM
 #146

With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Maybe it will. it depends on people who used bitcoin, there's possible on people that having a big faith.
onrise
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December 19, 2018, 04:30:17 PM
 #147

until now i see most of people still investing in gold real estate and stock., they just want to expand their knowledge,then invest in crypto.
for now is a great timing to in because all coin is dump.

commodity and stock market still be main choice for investors.investing in cryptocurrency market just to diversify their asset.so they would not suffering huge loss.

One should always have the mix of everything so that you can make the best of all. If one market is down still can make the money from other market as normal all market do not fall together . This will help you to keep making money on regular basis and increase your wealth .

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ArbitrYurist
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December 19, 2018, 05:01:40 PM
 #148

You have the goods. You exchanged goods for gold. You have gold. When you want to receive the goods, you can exchange its gold for the goods. If nobody wants to buy your gold, you can make jewelry.
Bitcoin is not material. If no one wants to buy it, you will not make anything out of it.
aeternus
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December 20, 2018, 02:57:14 AM
 #149

In my opinion. everyone still uses gold as an investment tool at any time. even now gold is still used for investment even though the crypto currency has circulated. and currently, crypto currencies experience very bad price fluctuations. many crypto users sell assets and switch investments to other fields just to avoid large losses. and gold is one of their choices.
That is natural, gold has been around for a long time and people trust it, they know that if they have gold then it does not matter what happens to the economy, gold will still hold value, but when an economic crisis happens and people try to buy gold only to realize there is not enough of it they will try to get cryptocurrencies, unfortunately for them bitcoin is very scarce as well and there is not enough of it when the demand skyrockets.
TheWalkingCoin
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December 20, 2018, 03:20:34 AM
 #150

Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
Rhosadah
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December 20, 2018, 03:49:15 AM
 #151

some people consider gold as a perfect investment where we can use jewelry and can also make other immovable assets other than houses and land
and I think all the people of the world must have gold even though their needs are different for investment and jewelry.
BigBos
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December 20, 2018, 03:55:08 AM
 #152

Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
well, based on the rapid increase, of course people can think like that. however, sometimes when bitcoin prices drop, many people want to move to real estate. Well, I feel that many people want to have a lot of gold, and of course everyone wants it.
Finestream
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December 20, 2018, 04:32:12 AM
 #153

Based on how people want get their profit later, many people keep hold and save bitcoin because think bitcoin more profitable than gold investment, only have few change of gold price after holding and investing more than one year.
well, based on the rapid increase, of course people can think like that. however, sometimes when bitcoin prices drop, many people want to move to real estate. Well, I feel that many people want to have a lot of gold, and of course everyone wants it.
Exactly.I think no one here who don't want to have gold of their own.Eversince gold invesment has always been profitable way back in our early years but since crypto investment has appeared in the market,the people were divided already.It's very clear that there are more huge profits waiting for us in crypto than just sticking to gold and gain only minimum profits.

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December 20, 2018, 04:35:40 AM
 #154

It could also be that people will return to investing in gold, plunging in crypto to feel a loss because they cannot manage it, then save their assets with gold or in real estate. This is natural because it is their choice and their future after feeling a failure here. But also investors who are still here and want to own gold and land for other assets.

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Lumi3004
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December 20, 2018, 05:10:52 AM
 #155

With this global economy in 2018, all sectors of the government, banks, private sector, experiencing economic shocks, various factors that arise, this has a huge influence on cryptocurrency at the moment, I don't know for sure people will be as successful as gold at the end this, but hopefullyonly all countries will suffer from this worst economy and crypto especially Bitcoin.
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December 20, 2018, 08:16:54 AM
 #156

Gold investment is an alternative investment to cryptocurrency and stocks.  A lot of people venture into it to spread their risk and people will surely go back to gold hen other investment and not viable
skish85
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December 20, 2018, 09:53:28 AM
 #157

Because we are currently recording a slowdown in the economy. And, of course, each country is trying to increase its gold and foreign exchange reserves in order to be ready for it in the event of a crisis. Cryptocurrencies are very volatile and uncontrolled by the state. And gold is a more guaranteed reserve.
Silberman
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December 20, 2018, 08:37:09 PM
 #158

With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
That is definitely a possibility especially since many people around the world can feel that things are not right, they cannot describe it since they do not understand the economy but they can see their salaries not going up and that the inflation is many times higher than what governments admit so the chances that people decide to buy gold to protect their savings are high.
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December 21, 2018, 04:40:34 PM
 #159

Actually gold is one of the stable investment because we have not seen high fluctuations in gold trading that's why people turning up to crypto because it gives them lots of profits even in bear market. Can you imagine i know one person who had made 2000 usdt profit in last few days because of price fluctuations so that's why people don't want to go to gold. One thing gold can be long term investment but in crypto it may possible that money will be double within weeks.

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December 21, 2018, 05:05:24 PM
 #160

I used to read that cryptocuurency is not affect by global recession. fortunately have not had the experience of recession since i started. The market of gold lately has not been different from trading a stable coin. It just help to preserve value not necessarily for making profit.

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