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Topic: crypto and gold - page 4. (Read 1492 times)

sr. member
Activity: 1722
Merit: 252
September 17, 2019, 08:04:38 AM
Of course both are good choices, because crypto is a very risky investment so I only give a portion of 30% and 70% for gold, for the long term the best investment is gold, it can be said that gold investment is the best because it has been used for thousands of years ago.
member
Activity: 840
Merit: 10
September 17, 2019, 07:03:37 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.

Gold is clearly longer and trusted by the public as a profitable investment while cryptocurrency is still 10 years old. I think cryptocurrency can be a profitable investment besides gold and this is evidenced by the price of bitcoin which is already above $ 10k
member
Activity: 406
Merit: 10
September 16, 2019, 04:16:26 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.
I think that we see this activity in the movement of gold prices in connection with the approaching global crisis, I think that at the beginning of this crisis, bitcoin will become much cheaper, since this refers to risky assets, but after a while people will understand that it digital gold, and really big money will start to flow into bitcoins!
full member
Activity: 644
Merit: 100
September 15, 2019, 11:41:06 PM
For me the most profitable Bitcoin. And this has been my natural that trading generates great profits. Although many people say that Bitcoin is very risky. But behind the big risks, but also able to make great profits.

Gold for me also means a lot because it invests in gold even though the price is always stable. However, it can be a future saving.

All profitable and all can also make you lose. But it all depends on you who decides.
full member
Activity: 812
Merit: 100
www.cd3d.app
September 15, 2019, 10:15:34 PM
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.
But don't always see the benefits, look at the disadvantages if you are wrong in predicting the crypto market. Maybe you can get a 200% - 1000% profit in a few days, but you can also experience a 200% - 1000% loss in one day. Cryptocurrency has a high vote, while GOLD movements tend to be more stable.
and if we can find out the strengths and weaknesses between bitcoin and gold, then we can anticipate risks. Actually, investment in both is good, but we must be able to carry out the strategy and know its purpose for ourselves. Suppose we want funds to grow and risk less, because there are other activities, then we can choose gold
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
September 15, 2019, 09:17:49 PM
gold and bitcoin are in different niches. Both of them do not directly influence each other. But the tendency of investors to choose the type of investment can be influenced by changes that occur in both. if the market is not conducive, some investors will definitely prefer a safe way to protect their funds, for example diverted to stable coins, can also be for real investments such as gold.
I like both of these investments because this is the best way for us to safely store our assets without worrying too much. In this market I hold BTC so that I can earn the best profit and gold is the solution to my asset safety if a war occurs. Actually, people should invest more gold because gold has been on a very good upward trend during the past 2 months
full member
Activity: 630
Merit: 100
September 15, 2019, 05:41:42 PM
gold and bitcoin are in different niches. Both of them do not directly influence each other. But the tendency of investors to choose the type of investment can be influenced by changes that occur in both. if the market is not conducive, some investors will definitely prefer a safe way to protect their funds, for example diverted to stable coins, can also be for real investments such as gold.
member
Activity: 798
Merit: 38
September 15, 2019, 04:55:26 PM
He just have made is comparison between two different coins or any other digital currency, which are likely to be in the same category. Gold is in a different class of its own, while bitcoin is also in a different class and they both have their respective investors with different interests.
Also, the factors that affect them both are quite different. Gold is accepted almost allover the world and approved by government, although in a legal way, while bitcoin is still in the process of gaining approval.
jr. member
Activity: 169
Merit: 3
September 15, 2019, 04:53:38 PM
I think no relation between gold and crypto, why we care about something like this, price of coins move according to a lot of factors not according to price of gold.
yes indeed the price of coins and gold is not related, but is it possible that in the future there will be a connection because more and more crypto will also affect the economy of a country I think, because of the times people will use crypto for investment and it can affect the economic price
newbie
Activity: 24
Merit: 0
September 15, 2019, 04:24:54 PM
I think no relation between gold and crypto, why we care about something like this, price of coins move according to a lot of factors not according to price of gold.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
September 15, 2019, 02:52:11 PM
I don't think you could directly compare gold with Bitcoin except the argument of the perceived store of value due to limited supply. The gold supply is currently limited by current technology, but when technology to extract gold catches up with the demand like for example we can now extract gold from the ocean's seawater or capture that space-travelling gold asteroid, who knows. 
such comparisons occur only because it becomes very easy for people to understand the prospects of bitcoin using gold as an example and what is its advantage. not all people can easily understand what bitcoin is. many people need a comparison
member
Activity: 434
Merit: 10
September 15, 2019, 01:11:51 PM
If  want profits quickly, of course trading in the market is the right step, but in this case you must also be prepared to risk losing your money in a fast time if you are not good at analyzing price movements in the market, but if you really want to invest safely, of course  investing in gold is the right choice, but we know the increase in gold prices is quite slow and usually the increase in gold prices has many factors that influence, such as rising inflation, world financial panic and the occurrence of rising world oil prices. But usually every gold price rises will certainly be very difficult to go back down, and this is what causes gold is a safe investment.
legendary
Activity: 1652
Merit: 1007
September 15, 2019, 12:15:26 PM
I don't think you could directly compare gold with Bitcoin except the argument of the perceived store of value due to limited supply. The gold supply is currently limited by current technology, but when technology to extract gold catches up with the demand like for example we can now extract gold from the ocean's seawater or capture that space-travelling gold asteroid, who knows. 
jr. member
Activity: 176
Merit: 1
September 15, 2019, 12:08:29 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.
Everything can change according to market conditions and do not know the future market news. Speaking of profit, it will never end. If the price of gold goes down and crypto is skyrocketing, will you keep in mind that crypto will be more profitable than gold? All have their own places, advantages and disadvantages. Return to what you believe.
legendary
Activity: 2730
Merit: 1288
September 15, 2019, 11:52:09 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.

Gold is way more vulnerable to counterfeit then Bitcoin. They constantly find fake gold bars. Constantly. There cant be double spent Bitcoins if you are cautious and wait few confirmations.  What you wrote is totally opposite from reality. Also a lot of Gold gets stolen from jewelers or from private houses. A lot!  IT can also happen that Bitcoins gets stolen from valets that were not secured properly.


Why gold went us is because gold is store of value for last 4000 years. It will stay that way fro some more time at least. Because of gold going up Bitcoin do not need to go down, but the opposite. When one goes up other should follow.
full member
Activity: 1048
Merit: 101
September 14, 2019, 03:08:18 AM
exactly people who don't know what bitcoin is, they prefer to invest with gold especially every year the price of gold is always increasing but what's interesting about bitcoin is that in the last decade bitcoin was very profitable because bitcoin was able to penetrate the price of $ 2k in this digital industry and many gold traders began to enter the crypto market at that time.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
September 14, 2019, 02:58:20 AM
I totally disagree with you.

With an imminent global crisis, gold along with bitcoin will gain value over fiduciary currencies such as the dollar, which despite being the strongest fiduciary currency today, is still just a piece of paper.
Buy Gold. Buy Bitcoin.

But we have been having global crisis every decade. I remember the one in 1990s when I was much younger, and then we had the one that caused Bitcoin to be developed. And now we are having one. Gold really enjoyed both periods to be sure, but fiat will still be king in the end. I agree buy Bitcoin but don't put all your hopes in it.
sr. member
Activity: 1680
Merit: 259
September 14, 2019, 02:53:01 AM
If investing in gold, yes, the risk is not high, but it takes a long time to get a profit because the increase is not so fast, different from crypto, 1 week or 1 month, you can get big if you choose a coin with good prospects.
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
September 14, 2019, 02:33:49 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.
But gold is the only time that prices have risen well, and it is only a temporary rush. As for Bitcoin, it is a long-term future with great deflation.
I still appreciate bitcoin because more and more investors want to buy Bitcoin. It will increase in price by 2020 when halving is happening.
member
Activity: 924
Merit: 11
September 14, 2019, 01:44:33 AM
I think that every investments (gold or crypto, any else) have a risk factors. If we talking about digital gold - it's can be hucked not less than digital assets.
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