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Author Topic: crypto and gold  (Read 1452 times)
Kimonoe
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August 29, 2019, 02:03:41 AM
 #41

gold is currently experiencing an upward trend in prices but back to us we want to invest in Bitcoin which is more volatile in price or more stable gold. But I see margin in the long run is still more tempting to invest in bitcoin, in my opinion. But like a general principle, don't keep your investment in one place
investment in several fields will be safer. like us besides investing in bitcoin, then investing also in gold, when bitcoin goes down then we are still calm because gold tends to be stable and prices increase. so psychologically we will be calmer. now gold is trusted by everyone, later if bitcoin is trusted by everyone, then the price cannot be imagined

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Jackblack90909
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August 29, 2019, 02:27:28 AM
 #42

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.

Gold is still trusted by people more than cryptocurrencies, and it is also safer to invest in the physical assets (like gold, silver..) than investing in cryptocurrencies. But the potential profit of investing in crypto is a lot bigger than investing in gold which has a stable price almost. 
Nobita7999
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August 29, 2019, 03:56:52 AM
 #43

Gold profit and risk will certainly be less than bitcoin. But both have something in common when the economic crisis investors will use it to avoid economic crisis. Currently, the trade war is happening, we have seen the increase of gold. If the tension caused by the trade war intensifies, there will certainly be a lot of people getting rich because of this market.
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August 29, 2019, 08:51:10 AM
 #44

You can't compare bitcoin with gold in terms of making profit. Bitcoin is way more profitable than gold. Investing in bitcoin is like expecting a huge returns soon or later

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August 29, 2019, 09:07:43 AM
 #45

Yes, gold is a safer investment. Whales are surely manipulating it, but they can't manipulate it too much like bitcoin. It is more stable. And the demand is real if there is a growth. Look at the current price of gold. Whales having bitcoin are trying to manipulate people by telling us that it is better than gold. But it is not better as it can be manipulate by them more easily. There is apparently near 1850 wallets manipulating the bitcoin market... Ethereum and other cryptocurrencies are more manipulated.
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August 29, 2019, 09:25:45 AM
 #46

Each investment item has profits and losses from time to time. I think the problem lies with you, or choosing the right time for each of your investment items.

In terms of crypto, this time the bear market is too strong and it is difficult to make a profit. So I think now is a good time to buy gold.

However everything I say should only be referenced, not investment advice.
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August 29, 2019, 09:39:13 AM
 #47

I think gold and crypto are very important in my life. I work in crypto and Bounty trading and campaigns. The crypto results or profits I get, I use to buy gold.

Gold, in my opinion, is a safe investment and very little risk. Gold costs are very stable and this is a real item that every day can use.

Unlike cryptocurrencies that this is a digital asset. And maybe the risk is greater. But it is capable of generating enormous gains.

JeromeL
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August 29, 2019, 09:40:06 AM
 #48

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.

Gold is a very good asset, which constantly competes with other objects for investment, however gold has a long-term investment turnover period, it is specific in transportation and storage. Therefore, in this regard, Bitcoin wins very much.
I am sure that for all people in the crypto market, BTC has a primary goal for investing. In addition, people who live in the crypto market are not interested in gold.

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August 29, 2019, 09:42:10 AM
 #49

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 depends on your risk appetite. If you wanna risk less sand want to save your money for a rainy day then as of now then hold definitely is a better investment than crypto currency at this point of time .

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August 29, 2019, 09:50:37 AM
 #50

If Bitcoin hits the gold market cappitalization, then the price of 1 Bitcoin would be 300k$. If you think about it, Bitcoin is much better than gold. It is much easier to store and pay with Bitcoin than pay with a gold. And I believe that later we will find out more positives about Bitcoin.

Bodarbala
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August 29, 2019, 11:56:32 AM
 #51

I think both are suitable for investment, For the same risks both are also at risk. The problem remains the extent of the interest of society in the encryption and precious metal gold.
andika2018
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August 29, 2019, 12:04:29 PM
 #52

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.

I don't think we can compare gold with cryptocurrency. Gold has long been recognized by our society as a safe haven investment while cryptocurrency is a new instrument in the investment market. In my opinion there is no correlation between the movement of gold prices with bitcoin or other cryptocurrency
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August 29, 2019, 12:14:39 PM
 #53

I think both are profitable if one can have trading skills. There are some similarities and dissimilarities between cryptocurrency and gold. Both are considered to be a store of value. Cryptocurrency is highly volatile, while gold is less. For me, I recommend investing in gold instead of cryptocurrency at this moment.

Milamol
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August 29, 2019, 01:06:10 PM
 #54

I think both are profitable if one can have trading skills. There are some similarities and dissimilarities between cryptocurrency and gold. Both are considered to be a store of value. Cryptocurrency is highly volatile, while gold is less. For me, I recommend investing in gold instead of cryptocurrency at this moment.
You are reasoning correctly. Before investing anywhere, you need to understand what your goal is. Investing in gold is a long-term investment and is more suitable for simple storage of money. Investing in cryptocurrencies is an investment with a high risk and high potential.


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August 29, 2019, 01:15:36 PM
 #55

as use with tasks of evaluation gives of chance on working with investment strategics investors might define with one on decision as expending use of balance on possession to cover of projects on investment plan.

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August 29, 2019, 01:21:59 PM
 #56

Cryptocurrency and gold were entire different by the way it has got its usage, the existence, the liquidity, the trust, the markets and various other factors. Both always gets compared which is upon the growth and the profit it provides against each other. Gold gained its value through its years of history, while bitcoin has got its value through the demand to the supply availability that is run through the technology. In my personal opinion Gold is for users who wish to be on the safer side with their investment giving small profits, and bitcoin is for users who have the ability to take risk and expect large scale growth on their portfolio.

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August 29, 2019, 02:27:44 PM
 #57

This is a completely different investment everywhere there is a risk when trading, but first you need to study the market .  If you decide to move to trading in gold then of course it is more resistant to market fluctuations than bitcoin

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August 29, 2019, 02:44:08 PM
 #58

Investing in crypto is different to gold as regard the volatility and security in each ,the falling of crypto market is not due to change in gold in my own view but due naturally for correction as many alts and btc are too much in hype hands now regard the expectation of investors in the crypto space.

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August 29, 2019, 02:52:40 PM
 #59

We can not compare a crypto investment with Gold. Gold is the safest investment and has very low fluctuation in prices but crypto have the highest volatility. Crypto can give big profits than gold but crypto have more risk than gold.

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August 29, 2019, 03:05:47 PM
 #60

in my opinion to invest, we must be very clever in choosing, if now the crypto market goes down we can buy it and sell it when it goes up, whereas our gold can invest in the long run



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