crypto and gold

[NoirSuccubus]

Hacking? Yes, that is a problem in crypto world. So is the problem of stealing with gold. You can stack up all the gold you want for making some profit and all of a sudden all of those might get taken and what you are left is with nothing. So these things are everyday in both the world of trading.

[Korkorjkk]

Gold and crypto at both good assets and depending on the profit you want you can invest in any of them. Both have the tendency of providing high profit but the profit earned in gold investment is much lower. However a gold investment is more stable than the crypto one.

[masterrex]

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.

Bitcoin and Gold has a huge difference since "Gold is a physical stable asset class while Bitcoin is a digital high volatility asset class" therefore  in terms of profitability Gold is a stable asset class thats why it will not fluctuate further meaning low risk and stable returns! While Bitcoin is a high volatility digital asset class meaning it was high risk of fluctuating further but also high in returns. and If you want to combine the essence of cryptocurrency in Gold. Discover Gold Stablecoin !GOLD token is a low volatility stable digital asset. GOLD is backed by physical gold and it's price is pegged to the market price of gold. and it was already officially released check this article https://bitcoinprbuzz.com/digital-gold-launches-stablecoin-and-market-leading-solution-for-secure-and-private-gold-ownership/

[dnsokoljuk]

I think that every investments (gold or crypto, any else) have a risk factors. If we talking about digital gold - it's can be hucked not less than digital assets.

[tonyvo2017]

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.

But gold is the only time that prices have risen well, and it is only a temporary rush. As for Bitcoin, it is a long-term future with great deflation.
I still appreciate bitcoin because more and more investors want to buy Bitcoin. It will increase in price by 2020 when halving is happening.

[herurist]

If investing in gold, yes, the risk is not high, but it takes a long time to get a profit because the increase is not so fast, different from crypto, 1 week or 1 month, you can get big if you choose a coin with good prospects.

[slaman29]

I totally disagree with you.

With an imminent global crisis, gold along with bitcoin will gain value over fiduciary currencies such as the dollar, which despite being the strongest fiduciary currency today, is still just a piece of paper.
Buy Gold. Buy Bitcoin.

But we have been having global crisis every decade. I remember the one in 1990s when I was much younger, and then we had the one that caused Bitcoin to be developed. And now we are having one. Gold really enjoyed both periods to be sure, but fiat will still be king in the end. I agree buy Bitcoin but don't put all your hopes in it.

[pandanaran]

exactly people who don't know what bitcoin is, they prefer to invest with gold especially every year the price of gold is always increasing but what's interesting about bitcoin is that in the last decade bitcoin was very profitable because bitcoin was able to penetrate the price of $ 2k in this digital industry and many gold traders began to enter the crypto market at that time.

[Febo]

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 way more vulnerable to counterfeit then Bitcoin. They constantly find fake gold bars. Constantly. There cant be double spent Bitcoins if you are cautious and wait few confirmations.  What you wrote is totally opposite from reality. Also a lot of Gold gets stolen from jewelers or from private houses. A lot!  IT can also happen that Bitcoins gets stolen from valets that were not secured properly.


Why gold went us is because gold is store of value for last 4000 years. It will stay that way fro some more time at least. Because of gold going up Bitcoin do not need to go down, but the opposite. When one goes up other should follow.

[SaidNurs]

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.

Everything can change according to market conditions and do not know the future market news. Speaking of profit, it will never end. If the price of gold goes down and crypto is skyrocketing, will you keep in mind that crypto will be more profitable than gold? All have their own places, advantages and disadvantages. Return to what you believe.

[scambust]

I don't think you could directly compare gold with Bitcoin except the argument of the perceived store of value due to limited supply. The gold supply is currently limited by current technology, but when technology to extract gold catches up with the demand like for example we can now extract gold from the ocean's seawater or capture that space-travelling gold asteroid, who knows. 

[Weng simok]

If  want profits quickly, of course trading in the market is the right step, but in this case you must also be prepared to risk losing your money in a fast time if you are not good at analyzing price movements in the market, but if you really want to invest safely, of course  investing in gold is the right choice, but we know the increase in gold prices is quite slow and usually the increase in gold prices has many factors that influence, such as rising inflation, world financial panic and the occurrence of rising world oil prices. But usually every gold price rises will certainly be very difficult to go back down, and this is what causes gold is a safe investment.

[JCviggen]

I don't think you could directly compare gold with Bitcoin except the argument of the perceived store of value due to limited supply. The gold supply is currently limited by current technology, but when technology to extract gold catches up with the demand like for example we can now extract gold from the ocean's seawater or capture that space-travelling gold asteroid, who knows. 

such comparisons occur only because it becomes very easy for people to understand the prospects of bitcoin using gold as an example and what is its advantage. not all people can easily understand what bitcoin is. many people need a comparison

[randa2000]

I think no relation between gold and crypto, why we care about something like this, price of coins move according to a lot of factors not according to price of gold.

[MrGGates]

I think no relation between gold and crypto, why we care about something like this, price of coins move according to a lot of factors not according to price of gold.

yes indeed the price of coins and gold is not related, but is it possible that in the future there will be a connection because more and more crypto will also affect the economy of a country I think, because of the times people will use crypto for investment and it can affect the economic price

[Bonwin]

He just have made is comparison between two different coins or any other digital currency, which are likely to be in the same category. Gold is in a different class of its own, while bitcoin is also in a different class and they both have their respective investors with different interests.
Also, the factors that affect them both are quite different. Gold is accepted almost allover the world and approved by government, although in a legal way, while bitcoin is still in the process of gaining approval.

[retnoanjani]

gold and bitcoin are in different niches. Both of them do not directly influence each other. But the tendency of investors to choose the type of investment can be influenced by changes that occur in both. if the market is not conducive, some investors will definitely prefer a safe way to protect their funds, for example diverted to stable coins, can also be for real investments such as gold.

[MrPiggles]

gold and bitcoin are in different niches. Both of them do not directly influence each other. But the tendency of investors to choose the type of investment can be influenced by changes that occur in both. if the market is not conducive, some investors will definitely prefer a safe way to protect their funds, for example diverted to stable coins, can also be for real investments such as gold.

I like both of these investments because this is the best way for us to safely store our assets without worrying too much. In this market I hold BTC so that I can earn the best profit and gold is the solution to my asset safety if a war occurs. Actually, people should invest more gold because gold has been on a very good upward trend during the past 2 months

[mamahdedeh]

I think that can be only one answer: crypto is more profitable than gold. Any side we take. In crypto you can earn 200% - 1000% or even more  just in one or few days.

But don't always see the benefits, look at the disadvantages if you are wrong in predicting the crypto market. Maybe you can get a 200% - 1000% profit in a few days, but you can also experience a 200% - 1000% loss in one day. Cryptocurrency has a high vote, while GOLD movements tend to be more stable.

and if we can find out the strengths and weaknesses between bitcoin and gold, then we can anticipate risks. Actually, investment in both is good, but we must be able to carry out the strategy and know its purpose for ourselves. Suppose we want funds to grow and risk less, because there are other activities, then we can choose gold

[rezakurnia66]

For me the most profitable Bitcoin. And this has been my natural that trading generates great profits. Although many people say that Bitcoin is very risky. But behind the big risks, but also able to make great profits.

Gold for me also means a lot because it invests in gold even though the price is always stable. However, it can be a future saving.

All profitable and all can also make you lose. But it all depends on you who decides.