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Author Topic: crypto and gold  (Read 1448 times)
lienfaye
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September 03, 2019, 07:39:16 AM
 #121

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 and crypto are different to compare but I think the similarities of both is they are profitable if you invest.

I invested some of my money to gold particularly jewelries because the value of gold is increasing as time passes though it takes time before you can see the changes.

In crypto you can earn good amount depending on your capital and the increase of the value in the market. Last 2017, I earned huge amount due to bull run and its an unforgettable experience. Crypto investment is profitable but you need patience especially when bearish season.

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September 03, 2019, 07:43:43 AM
 #122

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.

Its more related to economic crisis and world market. Crypto is usually sided with fundamental aspect that happening around the globe. Gold market is a huge player in the world economy and cryptocurrency is just a new economical player that soon can be a key indicator also on world GDP and stance of the market. No countries not knew about crypto and mass adoption is turning green and spreading fast like a virus.

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September 03, 2019, 07:44:45 AM
 #123

Gold is currently having the highest price in the international market and it hard fall in price, unlike the volatile cryptocurrency in which if care is not taken, one may possibly lose his or her entire earnings.
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September 03, 2019, 11:23:18 AM
 #124

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.
Crypto investment is no longer profitable and I think gold investment for me is more profitable now. Gold is slowly increasing and it is very difficult to experience price declines.

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September 03, 2019, 11:40:52 AM
 #125

gold is a profitable investment because every year the price of gold is always increasing and bitcoin is also very profitable because since the price of bitcoin soared in 2017 has made many new traders join to take part in it. bitcoin has shown its highest value for profitable investments over the past decade.

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September 03, 2019, 11:54:05 AM
 #126

gold is a profitable investment because every year the price of gold is always increasing and bitcoin is also very profitable because since the price of bitcoin soared in 2017 has made many new traders join to take part in it. bitcoin has shown its highest value for profitable investments over the past decade.
from the first day of the appearance of bitcoin, it always brought great profit to people who believed in its idea and that this tool would be useful for this world


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September 03, 2019, 01:15:41 PM
 #127

I think we need to invest in both gold and cryptocurrency. Since gold is less valantile and in times of crisis makes money.

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September 03, 2019, 01:38:32 PM
 #128

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 think the value of gold does not decide the value of Bitcoin so it is a coincidence otherwise nothing will change the value of Bitcoin in the outer side so I think gold will not make any changes in Bitcoin.

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September 03, 2019, 01:50:11 PM
 #129

I think we need to invest in both gold and cryptocurrency. Since gold is less valantile and in times of crisis makes money.
yes i also do both. gold is not so stressful but crypto needs more attention. Gold investment is only for saving assets that do not expect a large increase. but crypto is another asset for making money. I call it crypto to produce gold.

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September 04, 2019, 01:56:42 AM
 #130

Hyperbitcoinization has already occured in countries entering a recession on numerous occasions and PMs have always acted as a safe-hedge in an unhealthy economy.
I think both asset classes will do incredibly well. Gold, silver, bitcoin, and promising alts like Stakenet.  Grin
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September 04, 2019, 02:29:37 AM
 #131

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.

Do you think the gold price movement will affecting cryptocurrency price ?
Investing in Gold is more secure, but the profit is not big as investing in crypto if success.
If cryptocurrency clear from scammers, hackers and fraudsters, then we can gain more profit than investing in fiat.

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September 04, 2019, 04:21:27 PM
 #132

Gold is just another good instrument at the current time period. Use both crypto and gold in your portfolio - don't go all in. There is no use in trying to compare these two instruments from the technical side.

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September 04, 2019, 04:33:21 PM
 #133

Gold is just another good instrument at the current time period. Use both crypto and gold in your portfolio - don't go all in. There is no use in trying to compare these two instruments from the technical side.
I think that gold is very similar in Bitcoin even to charts. Perhaps gold in the future will lose Bitcoin by capitalization on world markets.
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September 04, 2019, 04:43:39 PM
 #134

In my opinion, Crytocurrency is more lucrative than gold, though cryptocurrency could be highly flexible which makes it very risky. Gold on the other hand has a more enduring value and is physical, so one can hold it for a while before
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September 04, 2019, 04:51:59 PM
 #135

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.

maybe if we invest in Gold, the risk is lower than investing in cryptocurrency my friend
about profitable or not, i think its depends on how we can predict the market buddy


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September 04, 2019, 07:41:43 PM
 #136

Investing in gold is more stable. Investing in crypto can make very good money, but the risk of losses is also very high. And gold has ruled the world for more than one millennium, and its price is always high. Everyone chooses what is closer to him.
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September 04, 2019, 07:51:13 PM
 #137

***I have no ideas what 2-5 years is for you long or medium. ***
Medium term up to 2-3 years.


***But no mater how good, Bitcoin or Monero can do way way way better. But on the other hand they can also fail big, while gold cant at all.
From 2011 to 2016, gold fell by a third. You can see this with a Google search.
Of course, volatility is not comparable to cryptocurrency. But it was hard even for some long-term investors.
If risk-free investments exist, then not for ordinary investors.

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September 04, 2019, 09:51:51 PM
 #138

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 has recently risen in price quite seriously, I think that this is due primarily to the trade wars between China and the United States. Gold is bought primarily by those who previously stored dollars and are afraid of the depreciation of this currency.
That is why I do not think that the decline in the price of Bitcoin and Ethereum is due to the fact that investments from them went into gold.

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September 04, 2019, 10:14:56 PM
Last edit: September 05, 2019, 03:59:28 AM by Danslip
 #139

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.
l respect your opinion, but gold trading can not be the reason for the falling crypto market, for instance, it can not cause the price velocity in the crypto markets. l don't think so gold can be more profitable than BTC or than other altcoins becaus the crypto market is totally independent compared to the stock shares market. As far as the market is not regualted I deny any correlation among the different parts of the financial markets. Gold prices were more than $1700 but later the prices declined by the market participants. If there were strong combination of the crypto + gold charts then the prices should react the volatility in the both market. After the decreased prices in the spot Gold and future contracts market Bitcoin H4 charts didn't respond to these correlations which are under the question. I doubt there is considerable evidence for proving the stated indications.


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September 04, 2019, 10:16:22 PM
 #140

For me gold is more suitable for long term investment but low profit. different from investment crypto with a large profit potential and also a large loss risk.
everyone has a different opinion.

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E M I R E X
─── إمركس ───
   
...Whitepaper...
   
The Infrastructure for the
New Digital Economy
   
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E M R X
 
─ Token ─
 
...LEARN MORE...
   
   
   
   
...Register...
[/cen
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