Bitcoin investors now moving to gold - page 2.

shoreno

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Quote from: princeyeboah on February 23, 2019, 07:54:48 PM

Quote from: Innerpumper on February 23, 2019, 11:22:15 AM

so does bitcoin will crumble? so investors are switching to invest into gold

I don't buy into the idea of Bitcoin investors moving to invest in gold. Perhaps, the investor was first interested in both gold and cryptocurrency.

Gold came out before the invention of bitcoin and crypto , thats why people are first interested to gold before bitcoin but after bitcoin came out , people then got interested to it because it solves alot of problem regarding on the financial issues but most advantage that we got is that it can give you a compound interes just like gold . people then treat bitcoin as an investment asset simmilar to gold .

princeyeboah

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Quote from: Innerpumper on February 23, 2019, 11:22:15 AM

so does bitcoin will crumble? so investors are switching to invest into gold

I don't buy into the idea of Bitcoin investors moving to invest in gold. Perhaps, the investor was first interested in both gold and cryptocurrency. Bitcoin has got its investors and most of us are now holding our coins because the market has gone bearish for long time. For the past few days, the market seems to be regaining its health by showing all green with BTC rising from $3600 to $4100. Although it cannot yet be confirmed a bull market, it is an incredible increase within this short period of time.

MonaLeeTracy

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although many invest in gold. but not everyone chooses gold for investment, and of course there are many who still hold on to bitcoin and invest in bitcoin. the problem is that bitcoin has started to increase again.

karanggatak

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I myself do not understand whether this is nonsense or indeed true. but in my opinion, not all investors will move to gold for reasons of liquidity and value storage, there may be some people who think that way, but in my opinion only a minority. very reasonable if they have the thought of moving to gold with the current situation. maybe some people think that gold has no risk compared to cryptocurrency at this time. maybe all of that is fairness.

deisik

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Quote from: TheUltraElite on February 23, 2019, 11:17:19 AM

Quote from: apilpirman.bisnis on February 19, 2019, 08:55:52 PM

Just few time for investing moving their asset from bitcoin investment to the gold investment, when bitcoin raised to higher price they will move again asset from gold become bitcoin investment for holding at the future.

Lets be practical about it. The feasibility of getting a certain investment like bitcoin to gold and then holding gold till bitcoin drops again to buy back or the reverse order is going to be a tough call because of legal problems with Bitcoin and less liquid volumes for you to trade with. The concept came for the stock markets hedging one set of assets to another group of assets but extrapolating that to crypto is not possible in this current scenario with low adoption

I'm not sure either if the whole idea makes any sense

I mean from an investment point of view as it doesn't look to me a worthy idea at all. However, technically speaking, you don't have to convert your bitcoins to gold directly and vice versa. You may just sell bitcoins and buy gold but you don't necessarily have to buy the latter with the proceeds from the former (if that was your point, of course)

In other words, you would essentially go with two independent investments but you can line them up in such a way that would effectively count as moving from Bitcoin to gold and from gold to Bitcoin

Anait

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Gold is believed to be the safe haven by the common people. This lets people go towards gold when there market is bearish. Soon they'll get back to the cryptocurrency network when the bitcoin market turns bullish. Gold has taken such a place after years and years of survival as a physical metal with long history adding value to it.

marcous

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One day, Gold will be a safe investment tool. Everything seems to go back to ancient times where gold will be very valuable. We never know how long the existence of Bitcoin and Cryptocurrency existed. There is nothing wrong if you want to invest gold from now on.

angel55

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It doesn't hurt to keep some of your investments in gold. In case of a major attack on the electric system the only currency that will have value will be precious metals.

Innerpumper

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so does bitcoin will crumble? so investors are switching to invest into gold

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: apilpirman.bisnis on February 19, 2019, 08:55:52 PM

Just few time for investing moving their asset from bitcoin investment to the gold investment, when bitcoin raised to higher price they will move again asset from gold become bitcoin investment for holding at the future.

Lets be practical about it. The feasibility of getting a certain investment like bitcoin to gold and then holding gold till bitcoin drops again to buy back or the reverse order is going to be a tough call because of legal problems with Bitcoin and less liquid volumes for you to trade with. The concept came for the stock markets hedging one set of assets to another group of assets but extrapolating that to crypto is not possible in this current scenario with low adoption.

Quote from: Labumi on February 20, 2019, 04:20:56 AM

You have to know that the rumor is true, but not all investors return to gold, there are still many who still survive in cryptocurrency because they see a good opportunity in cryptocurrency, cryptocurrency price movements are more than in gold which only has a little movement price.

You should go through the world economics distribution and will soon realize that the amount of money in the would into crypto is far far less than stocks, precious metals and commodities. Wink

Chikitita2004

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If they do, their actions are justified. The current situation of bitcoin is not quite desirable and if someone wants a tangible and more tested investment, they have the option to invest in gold too but to totally set aside bitcoin and shift to gold, that will probably be a big mistake one can do. Just like those who sneer and snob bitcoin when it was just few cents dollar in value and now regretting for not giving it a chance.

Labumi

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Quote from: SIDDHI777 on February 18, 2019, 10:59:16 AM

The rumor that says Bitcoin investors are moving to gold is negligible but I agree that a certain percentage of investors turned over from Bitcoin because during the previous price decrease the dip was much higher and losses were much bigger than any other time in the crypto market history so many traders lost there hard earned money instantly so with that kind of situation without understanding this as a temporary situation some turned over from investing in Bitcoin which is common for any market

You have to know that the rumor is true, but not all investors return to gold, there are still many who still survive in cryptocurrency because they see a good opportunity in cryptocurrency, cryptocurrency price movements are more than in gold which only has a little movement price.

deisik

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Quote from: Mugtaiya on February 19, 2019, 05:07:55 PM

Not plausible.
Cyrpto is in no way comparable in it's use to gold.

You ever try and exchange a gold bar for something?

That comparison shouldn't be taken too literally

The point is not in exchanging physical gold for something, though it may well be the case of big purchases involving millions of dollars (especially in some shady affairs). When people compare crypto, or more specifically, Bitcoin to gold (as is the majority of cases), they compare such aspects as scarcity which allows to consider Bitcoin as a store of value or "digital gold". And it is this use which people have in mind when they are making such comparisons

happy5571

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With high-risk and high return bitcoin remains the top choice in investing. The bitcoin investors don’t move to the gold or don’t only invest the gold. Golding investment has proved the wrong investment due to low-return compared to stock ,digital currency, even fiat currency. Now blockchain is a promosing industry, and the price of bitcoin will reach or past its historical highs in a few years

javainn

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rumors of bitcoin that have issues will die causing many prospective investors to now turn to gold and prove to be safer. because right now bitcoin is in an unstable position.

Robotbitcoin22

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Gold. stock. property. cryptocurrency is an existing instrument to invest. it should be important for us to have it. This portion of the distribution is good for us to be able to benefit from every investment instrument currently available

apilpirman.bisnis

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Just few time for investing moving their asset from bitcoin investment to the gold investment, when bitcoin raised to higher price they will move again asset from gold become bitcoin investment for holding at the future.

Bijikopi

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Quote from: popolite11 on January 30, 2019, 02:04:42 AM

As for me, the best variant is to invest in some cool projects, real estate, gold and promising cryptocurrency. But also tokens from top 20 is also nice!

investment depends on where we live. if we are in developed and urban countries, the investment in the form of bitcoin is still right, and maybe the investment in the form of property is still very suitable. but things are different if we are in a developing country and we are in the countryside, the most appropriate investment is land, rice fields or in the form of gold. so the best investment is determined in the country where we live and where we are. because all answers will be different.

Mugtaiya

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Not plausible.
Crypto is in no way comparable in it's use to gold.

You ever try and exchange a gold bar for something?

amonymous

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We know that the situation of the market is not in the current conditions.But then still a big investor not moves to the gold.Actually, gold and bitcoin are two different things that matter.Bitcoin is a high-end invested coins And everyone wants to invest in bitcoin.

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