What do you think of gold price in long term?

[coinerer]

For those who already have millions of dollars, don't ever hesitate to buy gold, don't be interested in other investments that promise big profits but you leave gold behind, the mistake people make is being too ambitious to get big profits by taking risky types of investments so what happens is loss, gold investment is the safest type, and profit even though we save it for the long term.

This is true, if I have millions of dollars, I will also invest in gold, it is both safe and gives me good returns. Many people who say that gold is no better than bitcoin are people who don't have the money to invest in gold. They are using their little money to invest in bitcoin and want to be able to get rich from bitcoin. This is the bare truth that many people dare not face.

Gold is a solid and strong asset And investing in gold is considered a safe investment. So if you invest in gold, So if you invest in gold here the profit is less but the risk is very less. So if you have a lot of money it is definitely good and should invest in gold and if you are able to take high risk then you can plan to invest in cryptocurrency. But in any case investing in gold is a good decision and I think it is a better plan if it is long term investment

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[trendcoin]

Gold is an investment instrument with limited supply. It provides protection against inflation. It has price stability. It has been a store of value throughout the history of civilization. If we make a long-term forecast about the price of such a valuable investment instrument, we are bound to say positive things. I draw a lot of analogy between Bitcoin and gold. Of course, they are slightly different things and there are some points where they have advantages and disadvantages against each other. I think both will reach much better price levels in the long run and I have no worries about that.

[ItsCrafty]

Gold price will increasing and will act as a store value for numerous individuals who put money into it. From previous decades gold is consider as a trusted source to enhance value and as we have experience every year there is a greater enhancement in its value.

People select the other ways for saving money but in my opinion their is no other better option than gold because gold never disappointed its holders and as compared to modern online investment gold is highly preferable investment method.

[lombok]

Historically, gold has been a benchmark for safe haven investment. Every time there is inflation, stocks fall, a financial crisis, many investors and even countries will run to gold
There is no doubt that the limited supply of gold in the world is capable of providing exponential value growth in the long term.

[pooya87]

With the increasing financial crisis in United States and with the collapse of the banking system and also the real estate market being on the brink of similar collapse, people have been moving towards investing in gold more than ever before. This is why in recent weeks we've seen a significant increase in demand for gold and the consequent price rise.
Bloomberg also recently published an article on this matter. Although I don't agree with some parts (like interest in "technology stocks") but it is worth reading:
https://www.bloomberg.com/news/articles/2023-05-05/jpmorgan-sees-investors-moving-to-gold-tech-amid-recession-risk

[Kadal Ijo]

There is no doubt that gold is the most profitable type of investment and can be accepted worldwide, even when there is economic turmoil, for example due to war, gold is still safe and continues to be profitable, this is what makes almost all rich people make gold their main investment choice. and the most important thing is that gold will never die even if we save it forever.

[iamsange]

For those who already have millions of dollars, don't ever hesitate to buy gold, don't be interested in other investments that promise big profits but you leave gold behind, the mistake people make is being too ambitious to get big profits by taking risky types of investments so what happens is loss, gold investment is the safest type, and profit even though we save it for the long term.

The profit in investing in gold will not be too much, because the price of gold has also decreased, although only in a very small size and the increase in price is also not too much every year. This means that every investor who invests in gold will only get more security than profits even though he keeps it for the long term and for his own risk is the potential for theft if it is not stored in a really safe place.

This is true, if I have millions of dollars, I will also invest in gold, it is both safe and gives me good returns. Many people who say that gold is no better than bitcoin are people who don't have the money to invest in gold. They are using their little money to invest in bitcoin and want to be able to get rich from bitcoin. This is the bare truth that many people dare not face.

Actually I also like gold and Bitcoin so I always choose both of them for my investment but I don't expect more profit on gold because gold price increase is not fast so I can only hope about safety of my money there and also more sure return when i resell it. Whereas with Bitcoin I always expect more increases so I can get more profit even though the level of risk is also very equal to what I expected.

The risk of investing in gold is certainly not as big as investing in crypto,
in the midst of the onslaught of crypto I think gold is still the choice of many people to invest in and there's no doubt about it,
Gold price movements can also be said to be more stable when compared to crypto.

In this case, it's actually not really feasible to make a comparison between crypto investment and gold investment. Because basically the two are very different, especially if gold existed before crypto was born into this world. So I very rarely make a detailed comparison of these two so I prefer to utilize both in my investments because I love both and have never hated either until now.

[Rabata]

For those who already have millions of dollars, don't ever hesitate to buy gold, don't be interested in other investments that promise big profits but you leave gold behind, the mistake people make is being too ambitious to get big profits by taking risky types of investments so what happens is loss, gold investment is the safest type, and profit even though we save it for the long term.

This is true, if I have millions of dollars, I will also invest in gold, it is both safe and gives me good returns. Many people who say that gold is no better than bitcoin are people who don't have the money to invest in gold. They are using their little money to invest in bitcoin and want to be able to get rich from bitcoin. This is the bare truth that many people dare not face.

Gold is a solid and strong asset And investing in gold is considered a safe investment. So if you invest in gold, So if you invest in gold here the profit is less but the risk is very less. So if you have a lot of money it is definitely good and should invest in gold and if you are able to take high risk then you can plan to invest in cryptocurrency. But in any case investing in gold is a good decision and I think it is a better plan if it is long term investment

Humans had a distinct fascination with gold since ancient times. They value gold more than any precious thing. In that continuity, people still believe in gold reserves. We know that the currency value of different countries also depends on gold. Gold prices are gradually increasing. Those who want to earn a certain amount of money after investing for a long period of time can invest in gold. But in my opinion the price increase on gold doesn't seem too much. Because inflation is happening, the price of gold is also increasing.

Why should an investor invest for a long period of time if he is not getting his due return? Many people invest in gold primarily because of the assurance. However, if you invest in crypto currency or bitcoin with risk than investing in gold, the amount of profit will be much higher. You must consider the difference in the rate of inflation and the rate of profit. In that case if one invests in Bitcoin then there can get much return of his invested amount after a long period of time.