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Author Topic: crypto and gold  (Read 1452 times)
Bananington
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September 19, 2019, 10:46:49 PM
 #201

Presently crypto trading has more downsides comparatively to gold, but holding crypto for long term will definitely be more profitable in my own opinion. The major downside of crypto is volatility, any slight FUD can sink price. Let's just be hopeful that crypto will have great worth in future, especially when mainstream adoption is attained.
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September 20, 2019, 03:27:46 AM
 #202

snip~

That was for only temporary, cryptocurrency price is not to affected by gold price.
i think when the gold trading competition ended, peoples will buy crypto again.
Investing in gold is profitable, but not too much because the price of gold is too stable.
That is why gold is suitable for investors who want a safe and minimal risk method. If you want a more attractive way and the possibility of faster and higher ROI, of course, with various factors and risks that must be analyzed, then joining cryptocurrency is the right choice.
Well, I think the price of gold and cryptocurrency does not affect each other. This is just a trend, investors have their own choices.

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September 20, 2019, 05:08:33 AM
 #203

If we see the future, we can judge easily. Gold is an important asset. Crypto-currency is a digital asset. It is more safe and secure, because over last two year of my trading, I don't lose any amount. Though Gold is always a good position, but one day crypto-currency will reach the moon and beat valuable metal Gold. 

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September 20, 2019, 06:32:30 AM
 #204

Gold investing is quite profitable, but the price increment only occurs in a few months or once a year. That makes a gold investment is an outmoded investment.
Crypto investment is quite profitable because the price movement in bitcoin occurs in every second, minute, or daily. Of course, crypto is an exciting investment for many people to get many profits.
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September 20, 2019, 11:47:59 AM
 #205

We can see similarities on the Bitcoin and Gold graph, it is because these assets are not correlated to the classic financial market. Look especially at the graph when Gold ETF was approved, something similiar I believe that happen on Bitcoin, if ETF be approved.
Here I agree with you 100%, I don’t understand why most of them are waiting for the adoption of the ETF, as it seems to me after that the price will drop sharply so that big players can buy cheaper.

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September 20, 2019, 07:36:08 PM
 #206

Each market its pros an cons, while the crypto market is more volatile and has a large number of buying/selling options, gold is certainly more stable its incremental trends have been studied for years, and among the factors that They affect these value of the traditional currencies.
Currently, regardless of the gold boom, I think cryptocurrencies are the future and we must boost the work that has been done to develop platforms that offer security and transparency in their transactions such as Mintme.
Through the Mintme, you can create your own tokens, being able to add value to them in Webchain coins, then you can offer them for sale to a huge set of possible buyers in order to make them fluctuate, as market operates.

Both markets are profitable, but those, who become long-term investors in each one of these cases, win. Each investor must decide for himself which instrument is best for him personally, gold or cryptocurrency, as well as determine the objectives of the investment. In any case, portfolio diversification is the best option for a successful investment always. You can make more pairs when trading.

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September 21, 2019, 05:45:16 AM
 #207

Gold investing is quite profitable, but the price increment only occurs in a few months or once a year. That makes a gold investment is an outmoded investment.
Crypto investment is quite profitable because the price movement in bitcoin occurs in every second, minute, or daily. Of course, crypto is an exciting investment for many people to get many profits.
I know for you gold is good choice to invest your money but just think about the safety. Gold has physical presence which makes it unsafe anyone can take it from you so you won’t be able to get any profit but crypto is safe it has digital wallets that no one can take or hack so in this modern digital era investing in crypto is good choice.
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September 21, 2019, 06:33:54 AM
 #208

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.

In my opinion it's the same between bitcoin or gold in terms of profit. Gold prices are still volatile and very volatile, but many people prefer Gold because Gold is an investment that has been known for thousands of years. It is difficult to dispel this perception from many people.
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September 21, 2019, 09:19:34 AM
 #209

Both Crypto and gold are different form of investment. I believe they are not link together. People thing there is more profit in gold market because from very long time gold was the only option available for most of people to put their money. Crypto is an emerging market mostly people don't have the knowledge of crypto trading that's why they get less profit. To earn good profit from crypto you need to do proper market survey.
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September 26, 2019, 02:39:14 AM
 #210

Actually, gold has always been a part of my investment for the future with my family in the long run, but for crypto I only chose it for a moment out of fear like now if the price drops badly.
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September 26, 2019, 03:11:53 AM
 #211

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.
You cannot compare gold with cryptocurrency. Gold is a great investment option in history and it will never die. Cryptocurrency is only 10 years old and it can die anytime
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October 10, 2019, 09:19:35 PM
 #212

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.
The stability of the price of gold makes investments in it safer from loss. Yes, I agree with gold investment.

vulnerable to hacking.
But I do not agree with these words "vulnerable to hacking", because I see that Bitcoin holders today are very safe by holding them, as well as etheureum holders. Maybe for newly developed wallets, hacking may occur, because the platform test level is not 100%.

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Pearls Before Swine
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October 10, 2019, 10:15:37 PM
 #213

is gold investment more profitable than bitcoin and altcoin which are vulnerable to hacking.
Gold can be stolen just as easily as crypto can be hacked, and maybe even more so.  All it takes is to know someone who owns gold coins and a general idea of where they're kept, and they can be gotten in a burglary or robbery.  At least with crypto, access to wallets can be encrypted and a lot of thieves might not even know what they're looking for.

Gold has been stagnant for years now, even though it recently started to move a little.  Bitcoin is a different beast all together, but it's volatility ensures that it *can* be more profitable than gold.  It all depends on what price you bought it at, of course.  That's true of any investment, tho.

Me and my wife also invested with gold for about small amount, because she's fun of making it as an asset for emergency needs we had something to sell for Money.
Nothing wrong with that at all.  Gold is a very pretty metal, and you can invest in it by owning jewelry or coins.  You won't get the same tactile appreciation for an investment with something like bitcoin.
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October 10, 2019, 10:16:56 PM
 #214

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.

Market manipulation and good promoting have made gold investment reborn again. But I must say that btc and altcoin are not vulnerble to hacking. There are scam projects and phishing of data that is why the reputation of crypto is at stake. Gold investment have low income profit but stable while crypto have higher chance to produce greater income in short time. Between the two, crypto investment is still the one I preferred more because cryptocurrency has variety to choose from and also secure as long as you do it right.

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October 10, 2019, 11:32:34 PM
 #215

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.
You cannot compare gold with cryptocurrency. Gold is a great investment option in history and it will never die. Cryptocurrency is only 10 years old and it can die anytime

Maybe you are right about cryptocurrency could die anytime but the technology it provides will exist forever, it is a fact that gold show as a good investment but cryptocurrency offer much bigger rewards in short time or more greater in the long run. It's one of reason why investors choose crypto investment instead gold though the risk is high in crypto due to it's volatility so you must prepare yourself if you want to get involve in crypto investment.

 
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October 10, 2019, 11:41:40 PM
 #216

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 good for a long investment sir but if we need a fast profits we must go on bitcoin or in altcoin. Many are investing in gold but we all know that many also investing in bitcoin. They are both profitable vulnerable.
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October 11, 2019, 01:01:27 AM
 #217

Actually, gold has always been a part of my investment for the future with my family in the long run, but for crypto I only chose it for a moment out of fear like now if the price drops badly.
do not ever be afraid if you want to invest in cryptocureency, as long as we know our market trends will be safe, because sometimes we do not know where the market trends are, and always panic when prices fall.
gold is good for investment, but we must remember that gold cannot be carried anywhere, and cryptocurrency can be carried anywhere, this is very profitable.

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October 11, 2019, 01:23:20 AM
 #218

Yes indeed, gold investment is more profitable than Bitcoin and altcoins nowadays, because investing in gold will not happen inflation over time. But if you see the price of Altcoin and Bitcoin is now very suitable for long-term investment, because the price of Bitcoin and altcoin is very cheap.

Have you ever invested in gold? I think its just the same. Gold increases it's value due to limited supply and its a mineral that can never be replenish. But I think, if you think of bitcoin, we can also mined it and has a limited supply also. Take a look on last ATH, bitcoin surge a rocketship and many have gained toobmucj profit. You can compared gold to stablecoin but bitcoin is on another level, maybe stocks but not a naturally occuring substance backed by fiat currency.
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October 11, 2019, 01:32:07 AM
 #219

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.
if for long-term deposits gold is more profitable because there is no risk of falling prices and there is also no risk of loss such as bitcoin and altcoin. but if to get a profit I use bitcoin and altcoin but become the main because gold only brings a small profit

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October 11, 2019, 01:44:34 AM
 #220

Yes indeed, gold investment is more profitable than Bitcoin and altcoins nowadays, because investing in gold will not happen inflation over time. But if you see the price of Altcoin and Bitcoin is now very suitable for long-term investment, because the price of Bitcoin and altcoin is very cheap.
Gold investment is only for safe investors because this is the best way to keep assets without having to worry too much. I think if you have entered this market then you should consider investing in Bitcoin because this is a very potential investment and the supply of Bitcoin is limited so it would be very good if you hold it during this time.

Of course everyone thinking is different but Bitcoin will definitely be better than Gold in the future because Bitcoin represents a new economy and Gold is only suitable for personal property.
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