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Topic: crypto and gold (Read 1492 times)

sr. member
Activity: 1652
Merit: 262
December 17, 2019, 08:53:11 AM
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.
it could be, gold will be safer and protected by law so the possibility of being stolen is very small. while crypto which is still not protected by law is still vulnerable to hacking and is considered still dangerous if its assets are lost and cannot be processed by law. if it continues like this, maybe gold could be the most sought after investment asset. but if the crypto market can go back up, it is also possible that many people will return to crypto even though there is still the shadow of hacking, because people who think for the short term will dare to take the risk.
sr. member
Activity: 658
Merit: 256
Freshdice.com
December 17, 2019, 07:46:45 AM
Both are good assets but have unique capabilities to the world of investing and the way they behave is totally different because if we compare them now I guess crypto is more hyped than gold.

I agree with you. Both cryptocurrency and gold are such a good asset in different industry we have. Which are in digital and real world. We can all do benefit from both in many ways depending on how we perceive the scenario or the situation. Maybe we are just experiencing a devaluation in the market of all the existing cryptocurrencies as of the moment but if we perceive it as a challenge that we can surpass, then we can see and believe that cryptocurrency can be a lot more profitable than gold. On the other hand, if we want a real and on hand secure investment, gold will be a good asset for the reason that as time passes by, and as the demand on gold rises but supplies get into shortage, the value rises overtime. The point is that both are valuable assets in different time and scenario so the sense of comparison must be eliminated because both of the two are performing really well depending on how we see it. But what the secure fact about those, both of them are profitable on different platform and manner.
full member
Activity: 1330
Merit: 100
C O M B O
December 16, 2019, 03:14:18 PM
There are differences between classical investors and Cryptocurrency investors. Classical investors may prefer investment instruments with a lower risk of falling. In this case, they lower the odds of winning. Cryptocurrency investors experience more excitement.
then whether with a classic investor can get a big profit? is the method used the same as crypto traders ?, I
 see crypto currency trading is very volatile and different from gold trading which tends to be stable, only down 1-5%
full member
Activity: 686
Merit: 101
December 16, 2019, 02:29:27 PM
There are differences between classical investors and Cryptocurrency investors. Classical investors may prefer investment instruments with a lower risk of falling. In this case, they lower the odds of winning. Cryptocurrency investors experience more excitement.
full member
Activity: 630
Merit: 101
December 16, 2019, 01:40:44 PM
I think there's a connection between Bitcoin and gold. The price of gold is rising more slowly. When the Bitcoin price falls, the price of Gold may not seem to fall much. However, the price of gold fluctuates. But the main resemblance with the old chart of the price of gold.
sr. member
Activity: 728
Merit: 252
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December 16, 2019, 11:06:09 AM
Gold market was option available for the investors from very long time that's why mostly investors think, there are more profit in gold. but I believe if investor deeply analyze btc of altcoin market trend before investment then investor will be able to earn more profit form Crypto as compare to gold.
compared with crypto and gold gives you less profit and you must understand if the gold market is not so volatile like crypto market. investors are choosing bitcoin and altcoin caused by it offers the possibvility to get instant money from the market. this is a real thing that is happening right now.
yes when talking about crypto and gold. both have Advantage and disadvantages. investment in gold has  minimize lose in the future because gold increase price slow but surely, it different with cryptocurrency has fluctuation price but can give high profit when you good in your strategy. in my opinion crypto more profitable than gold maybe when you want combine crypto and gold its better to take more profit
hero member
Activity: 812
Merit: 512
December 16, 2019, 10:26:08 AM
Of course, investing in gold is safer than investing in cryptocurrency. But if you invest gold then you will not have too much profit, and you need to wait very long to be able to get that profit. Cryptocurrency investing is dangerous and you can lose money at any time.But if you choose good altcoins or bull market  you will have a lot of profit
member
Activity: 490
Merit: 10
December 16, 2019, 09:51:38 AM
Gold is very profitable but not as huge as bitcoin and other coins because you can get instant profits from crypto daily and this is why people prefers crypto than Gold, its just a big shame that all crypto projects that are claimed to be back by gold are shitcoins, probably the teams lied about it
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
December 16, 2019, 09:47:12 AM
Gold market was option available for the investors from very long time that's why mostly investors think, there are more profit in gold. but I believe if investor deeply analyze btc of altcoin market trend before investment then investor will be able to earn more profit form Crypto as compare to gold.
compared with crypto and gold gives you less profit and you must understand if the gold market is not so volatile like crypto market. investors are choosing bitcoin and altcoin caused by it offers the possibvility to get instant money from the market. this is a real thing that is happening right now.
sr. member
Activity: 742
Merit: 329
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December 16, 2019, 09:13:15 AM
Cryptocurrencies and gold are awesome asset because they are both performing well this year. I just hope that I have invested more in gold because it really gives a good return this year. Cryptocurrencies are also performing this year, especially the altcoins from the past few months because of their awesome returns. It is nice to invest in them and also to other assets so we will maximize every opportunities that we have whether it is in the internet or not.
member
Activity: 756
Merit: 13
December 16, 2019, 06:29:23 AM
I analyzed a lot where it is better to invest in cryptocurrency or gold. I believe that as a diversification, it is best to use two directions: gold and cryptocurrency, in particular, Bitcoin. I think that everyone himself must decide what to invest in gold or cryptocurrency and in what percentage.
full member
Activity: 1204
Merit: 104
October 16, 2019, 12:08:54 PM
Guys, you need to look at the situation with cryptocurrency and gold in a completely different way.  What do you think is tastier or healthier than bread or meat?  In fact, it would be right to use both.  Based on this, I believe that we should invest our funds not only in digital assets, but also in physical values.  I make my money through cryptocurrency trading and invest the money earned in very profitable cryptocurrencies, which over time will give me a good profit.  But at the same time, I believe that gold is a stable means to save my money.
member
Activity: 168
Merit: 10
October 16, 2019, 11:00:10 AM
The cryptocurrency market is a completely different market with gold. The gold market is here for thousands of years while the cryptocurrency is here for only 10 years. therefore, I see no reason for the gold market to interfere with bitcoin or any altcoin market whatsoever.
   
hero member
Activity: 1190
Merit: 511
October 16, 2019, 09:44:35 AM
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.
When compared of course I would choose gold over crypto, but that does not mean crypto is not profitable, it's just that we know that the price of gold from year to year continues to increase and that it can be used as an investment for the future that will certainly be able to provide benefits. And in crypto, the investment we make is not necessarily profitable later, we need to observe price movements in the market, and read the latest news about the coin when investing in it, but investing in crypto we can get benefits many times the capital we have, so for me personally both are equally good to invest but if I choose I will choose gold because the price is certain.


So far, I like investing in both of them, so I don't need to compare, but I like crypto most over gold, as it can give higher returns compare to gold which will just give you stability, so for me, although gold cannot give more profit as to crypto, we should have at least have all they ways to earn money, better if we do have fix and passive income too.
sr. member
Activity: 966
Merit: 250
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October 16, 2019, 09:11:09 AM
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.
When compared of course I would choose gold over crypto, but that does not mean crypto is not profitable, it's just that we know that the price of gold from year to year continues to increase and that it can be used as an investment for the future that will certainly be able to provide benefits. And in crypto, the investment we make is not necessarily profitable later, we need to observe price movements in the market, and read the latest news about the coin when investing in it, but investing in crypto we can get benefits many times the capital we have, so for me personally both are equally good to invest but if I choose I will choose gold because the price is certain.
member
Activity: 364
Merit: 10
October 16, 2019, 09:01:58 AM
Crypto investment is more volatile. It means that if you invest in gold, you can be sure that you will get a certain percentage per year. With crypto you can gain such profit within several days, however you can also lose all the money within a short period of time.
sr. member
Activity: 756
Merit: 250
October 11, 2019, 02:54:42 AM
Both in gold and in cryptocurrency, there are pros and cons. If you want to keep your savings, then gold is a good option, and if you want to invest and make a profit, then cryptocurrency is more interesting in this regard. But you must understand that investing is always risky, which is why you need to invest only that amount of money with which you can easily part.
sr. member
Activity: 1498
Merit: 416
October 11, 2019, 02:22:12 AM
Crypto and gold are different in every aspects such as
1. Gold can be an investment for a long-term because as we all know gold is a natural resources or what we called mineral and due time it will always increase its price.
2. Cryptocurrency is a good investment also it can be a long-term and also be a short term.
3. Gold and crypto is different because gold is not volatile while cryptocurrency is very volatile in case of coins, it may go up sometimes go down.
For me I prefer crypto because in crypto you can invest in a short-term and earn profit by just a short time period.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
October 11, 2019, 01:59:05 AM
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
Investing in cryptocurrency and gold, of course, are two completely different types of investing, which, in fact, are the opposite of each other. I did not think at all that there is a direct relationship between gold prices and cryptocurrency prices, although it could theoretically exist. The cryptocurrency is still too young and it continues to develop rapidly. Therefore, the level of investment in it will also change, as will the price of cryptocurrency. It is not worthwhile to draw hasty conclusions, but caution in these matters will not be unnecessary.
Investing in Gold or Bitcoin will bring good profits if you choose a good time to invest. I think the two have nothing to do with each other but they are considered a good asset to hold in the long term so I believe that Gold and Bitcoin will definitely be the best option to keep your assets safe. Of course there will be a lot of huge fluctuations in investment but investing in Bitcoin will have the opportunity to earn higher profits because the crypto market has just appeared and there is a lot of potential in the future.
sr. member
Activity: 1554
Merit: 334
October 11, 2019, 01:09:47 AM
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.
Well, you can also lose that same amount you're talking if the big whales start to manipulate the market, or a negative news comes up which would trigger price dips. You either gain a lot, or lose a lot. It's the nature of a decentralized system, its price varies fast and you must be quick in taking actions or else you'll just lose.

Gold and silver are on the run since it's limited supply as rare earth materials. With fast growth and advancement in technology, these materials are also fast depleting, reducing supply and gaining market price. That's why investors are keen into buying those today rather than crypto.

However, we should not be pessimistic. I see Bitcoin or other altcoin would boost popularity since the digital age is fast innovating. Soon, we'll see mass adoption of the technology and further boost the market.
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