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Topic: crypto and gold - page 6. (Read 1492 times)

hero member
Activity: 1778
Merit: 504
WorkAsPro
September 04, 2019, 07:47:20 PM
I like cryptocurrencies much more than gold. I believe that technology is more promising than gold. Therefore, I try to invest in ript currencies. I think that in a few years there can be a good result.

I am also investing in crypto more because it brings many benefits in investing and a lot of big coins are widely applied in many big countries around the world so I believe it won't matter if you hold for a long time. Most investors are very interested in Blockchain technology because this is the only technology that provides transparency in transactions and we can connect with people very easily.
full member
Activity: 504
Merit: 155
September 04, 2019, 06:56:18 PM
I like cryptocurrencies much more than gold. I believe that technology is more promising than gold. Therefore, I try to invest in ript currencies. I think that in a few years there can be a good result.
full member
Activity: 588
Merit: 101
September 04, 2019, 06:50:16 PM
Times have changed. Investment also changes. Digitizing almost happens in various aspects, this is a form of technological development. We know that gold is one investment that is quite safe and profitable, high liquidity, not affected by inflation, but we can say it's quite old-fashioned. So, lately, many developers have changed the form of gold profits into stable coins based on the price of gold. This offers you the opportunity to try cryptocurrency in a safe way, by combining the advantages of cryptocurrency and gold.
hero member
Activity: 1106
Merit: 502
September 04, 2019, 05:16:22 PM
For me gold is more suitable for long term investment but low profit. different from investment crypto with a large profit potential and also a large loss risk.
everyone has a different opinion.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 04, 2019, 05:14:56 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.
l respect your opinion, but gold trading can not be the reason for the falling crypto market, for instance, it can not cause the price velocity in the crypto markets. l don't think so gold can be more profitable than BTC or than other altcoins becaus the crypto market is totally independent compared to the stock shares market. As far as the market is not regualted I deny any correlation among the different parts of the financial markets. Gold prices were more than $1700 but later the prices declined by the market participants. If there were strong combination of the crypto + gold charts then the prices should react the volatility in the both market. After the decreased prices in the spot Gold and future contracts market Bitcoin H4 charts didn't respond to these correlations which are under the question. I doubt there is considerable evidence for proving the stated indications.

member
Activity: 194
Merit: 10
September 04, 2019, 04:51:51 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 has recently risen in price quite seriously, I think that this is due primarily to the trade wars between China and the United States. Gold is bought primarily by those who previously stored dollars and are afraid of the depreciation of this currency.
That is why I do not think that the decline in the price of Bitcoin and Ethereum is due to the fact that investments from them went into gold.
member
Activity: 537
Merit: 12
September 04, 2019, 02:51:13 PM
***I have no ideas what 2-5 years is for you long or medium. ***
Medium term up to 2-3 years.


***But no mater how good, Bitcoin or Monero can do way way way better. But on the other hand they can also fail big, while gold cant at all.
From 2011 to 2016, gold fell by a third. You can see this with a Google search.
Of course, volatility is not comparable to cryptocurrency. But it was hard even for some long-term investors.
If risk-free investments exist, then not for ordinary investors.
member
Activity: 1274
Merit: 14
September 04, 2019, 02:41:43 PM
Investing in gold is more stable. Investing in crypto can make very good money, but the risk of losses is also very high. And gold has ruled the world for more than one millennium, and its price is always high. Everyone chooses what is closer to him.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
September 04, 2019, 11:51:59 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.

maybe if we invest in Gold, the risk is lower than investing in cryptocurrency my friend
about profitable or not, i think its depends on how we can predict the market buddy
copper member
Activity: 560
Merit: 2
September 04, 2019, 11:43:39 AM
In my opinion, Crytocurrency is more lucrative than gold, though cryptocurrency could be highly flexible which makes it very risky. Gold on the other hand has a more enduring value and is physical, so one can hold it for a while before
sr. member
Activity: 1056
Merit: 251
September 04, 2019, 11:33:21 AM
Gold is just another good instrument at the current time period. Use both crypto and gold in your portfolio - don't go all in. There is no use in trying to compare these two instruments from the technical side.
I think that gold is very similar in Bitcoin even to charts. Perhaps gold in the future will lose Bitcoin by capitalization on world markets.
legendary
Activity: 1722
Merit: 1014
September 04, 2019, 11:21:27 AM
Gold is just another good instrument at the current time period. Use both crypto and gold in your portfolio - don't go all in. There is no use in trying to compare these two instruments from the technical side.
full member
Activity: 1260
Merit: 100
September 03, 2019, 09:29:37 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.

Do you think the gold price movement will affecting cryptocurrency price ?
Investing in Gold is more secure, but the profit is not big as investing in crypto if success.
If cryptocurrency clear from scammers, hackers and fraudsters, then we can gain more profit than investing in fiat.
jr. member
Activity: 322
Merit: 2
September 03, 2019, 08:56:42 PM
Hyperbitcoinization has already occured in countries entering a recession on numerous occasions and PMs have always acted as a safe-hedge in an unhealthy economy.
I think both asset classes will do incredibly well. Gold, silver, bitcoin, and promising alts like Stakenet.  Grin
full member
Activity: 1120
Merit: 101
September 03, 2019, 08:50:11 AM
I think we need to invest in both gold and cryptocurrency. Since gold is less valantile and in times of crisis makes money.
yes i also do both. gold is not so stressful but crypto needs more attention. Gold investment is only for saving assets that do not expect a large increase. but crypto is another asset for making money. I call it crypto to produce gold.
sr. member
Activity: 910
Merit: 284
September 03, 2019, 08:38:32 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 the value of gold does not decide the value of Bitcoin so it is a coincidence otherwise nothing will change the value of Bitcoin in the outer side so I think gold will not make any changes in Bitcoin.
full member
Activity: 539
Merit: 100
September 03, 2019, 08:15:41 AM
I think we need to invest in both gold and cryptocurrency. Since gold is less valantile and in times of crisis makes money.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
September 03, 2019, 06:54:05 AM
gold is a profitable investment because every year the price of gold is always increasing and bitcoin is also very profitable because since the price of bitcoin soared in 2017 has made many new traders join to take part in it. bitcoin has shown its highest value for profitable investments over the past decade.
from the first day of the appearance of bitcoin, it always brought great profit to people who believed in its idea and that this tool would be useful for this world
member
Activity: 746
Merit: 10
https://axiomapay.com/
September 03, 2019, 06:40:52 AM
gold is a profitable investment because every year the price of gold is always increasing and bitcoin is also very profitable because since the price of bitcoin soared in 2017 has made many new traders join to take part in it. bitcoin has shown its highest value for profitable investments over the past decade.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
September 03, 2019, 06:23:18 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.
Crypto investment is no longer profitable and I think gold investment for me is more profitable now. Gold is slowly increasing and it is very difficult to experience price declines.
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