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Author Topic: Bitcoin ,Gold and the global market collapse  (Read 284 times)
damberg
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June 09, 2019, 09:13:00 PM
 #21

I would not say that Bitcoin is the substitute to stocks when it comes to portfolio reallocation. Portfolio managers have certain restrictions for highly volatile/risky assets that prevent them from hoarding more cryptocurrencies.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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June 09, 2019, 10:19:48 PM
 #22

Do they collapse at the same time? Well, I only focus on the cryptocurrency world and in a week, the crypto market is very decreasing, going to dump again after having a good recovery. Are there any global issues related to the digital asset, investment, and also market?
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June 11, 2019, 11:38:39 PM
 #23

Gold is traditionally considered to be the safe haven by many investors and fund managers especially on times of trouble. When there is that pervading sense of gloom, they are looking for something stable, valuable and reliable thus gold easily comes into the picture. However, there is that digital mirror of gold and we call it bitcoin. Bitcoin is likewise valuable albeit it can be volatile but for someone looking for an opportunity for a greater returns this is the best choice. Thus, if things are turning out to be worse in the global economic scene as the result of the ongoing trade war between superpowers China and USA, many can hop into both the real gold and the digital gold.
For stability the choice tends more to gold,The quicker gains certainly do favor bitcoin,it is easier for bitcoin to achieve a 100% gain in just a couple of weeks,it will take gold even years to achieve that same feat
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June 12, 2019, 12:32:43 AM
 #24

Depends... How restful would your sleep be?

1.  All your liquid net worth on a Nano Ledger at the bank or in a safe.

2.  All your liquid net worth in gold bars at the bank.

3.  A balance between 1 and 2?

How many can honestly answer 1?    The possibily of millions and zero.


sent from my X6
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June 12, 2019, 12:59:04 AM
 #25

Expect the worst if these two giants will continue to do this so called trade wars as many countries with different proud commodities are depending with these two great nations. Although that the world is have been in this situation before but hopefully they will resolved their differences as soon as possible as we are afraid of another World economic crisis again.
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June 12, 2019, 01:23:55 AM
 #26

Gold is traditionally considered to be the safe haven by many investors and fund managers especially on times of trouble. When there is that pervading sense of gloom, they are looking for something stable, valuable and reliable thus gold easily comes into the picture. However, there is that digital mirror of gold and we call it bitcoin. Bitcoin is likewise valuable albeit it can be volatile but for someone looking for an opportunity for a greater returns this is the best choice. Thus, if things are turning out to be worse in the global economic scene as the result of the ongoing trade war between superpowers China and USA, many can hop into both the real gold and the digital gold.
For stability the choice tends more to gold,The quicker gains certainly do favor bitcoin,it is easier for bitcoin to achieve a 100% gain in just a couple of weeks,it will take gold even years to achieve that same feat
Bitcoin also heavily relies on the market volatility to (re)generate interest from most investors, whether it has the ability to rapidly go up or not doesn't make it a safe investment in a time of trouble. Usually, markets are highly susceptible to major events throughout the world. Because investors are more inclined to invest in more stable and safe assets in times of significant concern, like the poster you replied to mentions, Bitcoin becomes far riskier and even more volatile as the whales begin to exit the market. Gold is a great staple investment for anything less than an end-of-the-economy scenario, and probably better for those situations too anyway, in the eyes of most investors that would participate in the marketplace.

Precious metals have almost always been a safe investment in any case, that won't be changing soon. I'd almost say that a weaker crypto market will be more beneficial to users in the short term, since we'd be able to accumulate more, even if it meant short-term losses to portfolios.
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June 12, 2019, 02:21:50 AM
 #27

Do they collapse at the same time? Well, I only focus on the cryptocurrency world and in a week, the crypto market is very decreasing, going to dump again after having a good recovery. Are there any global issues related to the digital asset, investment, and also market?

I don't think they collapse at the same time because cryptocurrency, stock, gold, or the other market is different and I don't think it's related between each other. But if the global issues are happening and cause stock, gold or the other market change to the different way, then maybe it's happening too with the cryptocurrency. Unfortunately, all of that still be on the mystery because we don't know what exactly will happen later if that is really happen.

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