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Topic: crypto and gold - page 2. (Read 1472 times)

newbie
Activity: 42
Merit: 0
October 11, 2019, 02:03:00 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.
full member
Activity: 938
Merit: 137
October 11, 2019, 12:46:10 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.
sr. member
Activity: 1050
Merit: 256
October 10, 2019, 10:48:51 PM
Gold is very good for long-term investment because of the small supply, the way to get it difficult, and there is a physical form. That in one religion it is said that gold will be the only medium of exchange at the end of the world. So you can be sure how valuable gold is later.
On the other hand, crypto is also very interesting. Many people flocked to have it because of the very fast profits. But the loss can be considered fast if the wrong way. So think carefully to make a decision. If you want to profit quickly, choose crypto. But if you want a long investment, choose gold.
hero member
Activity: 1274
Merit: 500
October 10, 2019, 09:44:34 PM
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.
sr. member
Activity: 1176
Merit: 250
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October 10, 2019, 09:32:07 PM
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
sr. member
Activity: 644
Merit: 257
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October 10, 2019, 09:23:20 PM
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.
legendary
Activity: 2156
Merit: 1018
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October 10, 2019, 09:01:27 PM
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.
hero member
Activity: 924
Merit: 505
October 10, 2019, 07:41:40 PM
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.
hero member
Activity: 1008
Merit: 511
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October 10, 2019, 07:32:34 PM
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.
sr. member
Activity: 756
Merit: 257
Freshdice.com
October 10, 2019, 06:16:56 PM
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.
sr. member
Activity: 1190
Merit: 306
October 10, 2019, 06:15:37 PM
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.
member
Activity: 423
Merit: 11
October 10, 2019, 05:19:35 PM
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%.
full member
Activity: 658
Merit: 102
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September 25, 2019, 11:11:53 PM
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
sr. member
Activity: 1092
Merit: 284
September 25, 2019, 10:39:14 PM
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.
newbie
Activity: 42
Merit: 0
September 21, 2019, 05:19:34 AM
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.
member
Activity: 756
Merit: 12
September 21, 2019, 02:33:54 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.

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.
full member
Activity: 1008
Merit: 101
September 21, 2019, 01:45:16 AM
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.
full member
Activity: 862
Merit: 100
September 20, 2019, 03:36:08 PM
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.
member
Activity: 406
Merit: 10
September 20, 2019, 07:47:59 AM
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.
sr. member
Activity: 1008
Merit: 250
September 20, 2019, 02:32:30 AM
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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