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Author Topic: Will people come back to gold  (Read 24501 times)
darefreads
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February 10, 2019, 11:36:40 AM
 #461

I think it depends on their status in life because as I of me I don't really have any other background on storing any gold in my house that's why I choose to invest with this currencies. And I think it is really hard to say that most people here in Cryptocurrency are using gold before that's why maybe they will still stay in investing to Crypto just making some right timing to make a better earnings.
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LeGaulois (OP)
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February 11, 2019, 08:26:33 PM
 #462

gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement
For me it is not because it does not give more profit than gold, it is not old age mate we are living in modern era where we will have to move with time without looking what has been using by people in nineties, gold is not safe to invest as holing it is one of issue needs improvement, but if you invest in crypto you will not be worry steeling or street robbing.

Dude, most people don't store the gold at home under the bed or in the bathroom. What about if I tell you it's easier to steal your coins than your gold. If a day cryptos are massively used, most people will store their coins in their latest smartphone just to look swag, I can already imagine the number of people who will be ripped from their smartphone

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February 11, 2019, 08:53:50 PM
 #463

Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!


Just the same people with very good finances can only afford. Ordinary mortals do not care about gold. A cryptocurrency is their chance to become something more.
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February 12, 2019, 10:03:18 AM
 #464

We are down 24 pages on this thread and all I can read are rewording of post on page 1 or 2.... is people really willing to add value to the discussion or only willing to post for the sake of it?

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Ronaldcoin2017
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February 12, 2019, 01:28:26 PM
 #465

Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
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February 12, 2019, 02:54:59 PM
 #466

Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
you're right, even though many are back in gold at the moment, they might return to crypto if things have improved. I think, lately there are quite fresh winds that are blowing. hopefully when the market has recovered, investors return to crypto, not to gold.
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February 14, 2019, 04:39:57 AM
 #467

Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
I think no one will leave crypto investment for gold because crypto investment is more convenient than gold, as you know gold has physical presence that one you bought so you will have to keep at safe place to sell in future,  so I guess no one would like to invest in gold after investing in crypto as crypto has all positive things that gold does not have.
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