Topic: crypto and gold - page 7. (Read 1492 times)
Gold is currently having the highest price in the international market and it hard fall in price, unlike the volatile cryptocurrency in which if care is not taken, one may possibly lose his or her entire earnings.
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.
Its more related to economic crisis and world market. Crypto is usually sided with fundamental aspect that happening around the globe. Gold market is a huge player in the world economy and cryptocurrency is just a new economical player that soon can be a key indicator also on world GDP and stance of the market. No countries not knew about crypto and mass adoption is turning green and spreading fast like a virus.
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 and crypto are different to compare but I think the similarities of both is they are profitable if you invest.I invested some of my money to gold particularly jewelries because the value of gold is increasing as time passes though it takes time before you can see the changes.
In crypto you can earn good amount depending on your capital and the increase of the value in the market. Last 2017, I earned huge amount due to bull run and its an unforgettable experience. Crypto investment is profitable but you need patience especially when bearish season.
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.
Investing in gold is always reliable and certainly profitable, but for this you need to invest huge amounts of money and of course you have to wait for your profit for some time, but with cryptocurrency it is much easier and you can get profit every day, but here of course there are risks to lose your money at every step and therefore every investor studies both areas and chooses for himself exactly what he likes and with what it will be easier and more reliable to earn. 
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 crypto and gold is not related, and it's running from a different market. Maybe the gold market has a nice trend and people seeing their chance to sell their gold to make a profit. We don't know what is causing the crypto market down, and we could only guess, but soon, the crypto market will be back to the normal price and then it will increase higher for every coin. But gold and cryptocurrency will be the best investment for the people who want to make a profit in a long time.
This is a very interesting topic. Crypto investment to me is more profitable and at the same time riskier than gold investment. You can gain a lot in crypto investment in a shortest possible time and at the same time lose a lot. All the same I love crypto investment though it is more riskier.
I think there have been many who discuss gold and crypto, from the shape and physical it is very clear both have differences, whereas from economic conditions the gold has a very expensive selling price because gold is classified as an object that is very difficult to obtain and difficult to obtain create, whereas cryptocurrency has a value depending on demand.
both assets are equally valuable but gold investment takes a long time to get a large profit. different from the bitcoin speculation is high so that bitcoin can go up to 10x even 100x in a period of 2-3 years.
If we talk about risk, cryptocurrency and gold are both at risk, cryptocurrency has the potential to be hacked, and gold has the potential to be stolen. When talking about profit, both can be profitable if we are able to manage it well, the difference is, for cryptocurrency it takes more effort and analysis to get the maximum profit, the risk of loss is greater because prices are volatile and difficult to predict, other than gold which prices tend to be stable because the increase and decrease are not too extreme. So, please ask yourself, which one do you want the most, big profits and big risks, or not too big profits and small risks.
Investing in gold is safer and provides a profit. While Bitcoin is also profitable but the risk is greater than gold trading. Bitcoin price changes are affected by global problems, while gold is stable.
Perhaps for many people would prefer gold, but if they are years the blockchain system is working and able to trade Bitcoin well. I think there are a lot more people who choose to work on crypto trading.
Perhaps for many people would prefer gold, but if they are years the blockchain system is working and able to trade Bitcoin well. I think there are a lot more people who choose to work on crypto trading.
Although crypto is more vulnerable to hacking, but still investing in it is the most profitable. Gold is stability and its price does not change as rapidly as crypto. But this is if we talk about the possibility of a quick profit. If the investment pursues other goals, then perhaps gold will be more profitable.
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.
Gold has been used as a means of payment for 2700 years. Everything has changed somewhat with the advent of paper money and the dollar. Gold began to lose its value and started to be used in the industry mostly. However, any currency can collapse, while gold remains an asset. Bitcoin can be lost, stolen or destroyed. In addition, this crypto is completely dependent on technologies which development is unpredictable.
There is a proverb- Many men many minds, so people also love crypto and also love gold.But in a modern age, crypto is the digital or future currency. Day after day, crypto is more popular and aggressive. One the other hand, gold is an important metal for our daily basic need. If anyone choose to me, I will pick crypto.
the signals to helps as investors work as managing plan on trading with the selection on option as the table on exchange with the market and the similar of system to run to gives with the mininum limit on value with expectation.
investing in gold is indeed very promising for the long term. it's just that, if you want a faster profit, choosing bitcoin is probably the right choice. if supported with the right information and strategy, it can be a big profit in a short time.
for now, I will choose bitcoin. prediction after prediction is quite good for the development of bitcoin in the near future. having some bitcoin I think would be a good idea. one of the articles in cointelegraph might be quite helpful
https://cointelegraph.com/news/bitcoin-price-will-bakkts-launch-this-month-take-btc-to-new-highs
for now, I will choose bitcoin. prediction after prediction is quite good for the development of bitcoin in the near future. having some bitcoin I think would be a good idea. one of the articles in cointelegraph might be quite helpful
https://cointelegraph.com/news/bitcoin-price-will-bakkts-launch-this-month-take-btc-to-new-highs
when compared between gold, bitcoin and altcoin which is more profitable then I am more dominant in gold. because gold from year to year must always increase. bitcoin and altcoin the price is influenced by demand and negative news. all depends on their respective interests to get profit.
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.
Between Gold or Cryptocurrency, all depends on the analysis of each investor. Gold has long been known as a safe haven in the investment world while cryptocurrency as an investment is still 10 years old. Cryptocurrency may still be a risky investment now but in my opinion, cryptocurrency is a potential investment in the future.
I agree Gold is more stable than Crypto based on the value, every year's price of Gold always increased and then Gold comes earlier than crypto.
The biggest difference between Gold and Crypto is gold has a physical form and then crypto is not...
Crypto value very fluctuates but you can gain an opportunity to get rich quick by taking advantages of its fluctuates of the value
So, Crypto or Gold?
Why not both?
You can still earn money from crypto and then after you earn much money from crypto you can buy Gold for your saving
The biggest difference between Gold and Crypto is gold has a physical form and then crypto is not...
Crypto value very fluctuates but you can gain an opportunity to get rich quick by taking advantages of its fluctuates of the value
So, Crypto or Gold?
Why not both?
You can still earn money from crypto and then after you earn much money from crypto you can buy Gold for your saving
Hacking occurs only with Exchange ... if you are worried about hacking it is better to choose Cold wallet. Gold and Crypto are assets, which are more risky then that is what makes it possible for greater profits. like Crypto which is very volatile then very risky. but if you get profit, it can be up to 1000x fold.
i think the decline in the price of crypto is not related to gold.
indeed lately gold is very profitable compared to crypto. and gold is also still very safe if we store it for a long time but not with crypto.
we must be more careful, in addition to hacking we must also be more vigilant with prices that suddenly go up and suddenly go down. if we make the wrong decision, we will really lose everything. but crypto can still be very profitable compared to gold, it's just that we have to be more patient to get it.
indeed lately gold is very profitable compared to crypto. and gold is also still very safe if we store it for a long time but not with crypto.
we must be more careful, in addition to hacking we must also be more vigilant with prices that suddenly go up and suddenly go down. if we make the wrong decision, we will really lose everything. but crypto can still be very profitable compared to gold, it's just that we have to be more patient to get it.
Jump to: