Topic: Crypto can be less volatile than gold? - page 12. (Read 2341 times)
Crypto market is very thin, when it becomes more liquid, volatility will decrease
No, crypto is the most volatile place, maybe higher than gold, so I think if you do not mind investing in crypto is the best and if you want to be safe then invest in gold. That would be better for you.
Many people compare crypto to gold, and I see so many similarities as well.
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
For now I think gold is more stable than crypto in its selling price. But, in the future all may not be the same anymore.
We cannot say anything by comparing bitcoin and gold bro, As of now all the government or country not accepting the bitcoin as legal to use but gold been available and have worth on every country.
Once the world move towards to use the next generation coins that time you will see the bitcoin is accepted everywhere and you can able to make the flawless transaction with bitcoin even on banking side too.
Once the world move towards to use the next generation coins that time you will see the bitcoin is accepted everywhere and you can able to make the flawless transaction with bitcoin even on banking side too.
Yes, the meaning is in your words. But I do not equate crypto with gold. I equate it with cash.
it is true crypto is currently unstable compared to gold, but crypto is more advantageous than gold although gold is not at risk and the price of gold is determined by the central bank
I cannot compare the cryptocurrency with gold. Gold is less volatile than the crypto but altcoins and Bitcoin can bring you more money when the market starts to grow again. Gold is simply more stable. I don't think so.
Even if Bitcoin or any other cryptocurrency is adopted by all the people, there will be whales that can manipulate prices.
The reason why gold price is more stable is not its adoption. Gold price is controlled by central banks.
Yes, I agree that the price of bitcoin can easily manipulated. Sometimes it increases and sometimes it decreases depending on the time because it varies over a period of time. On the other hand, the price of gold is dynamic because it has an constant value and cannot be manipulated by others. Even if Bitcoin or any other cryptocurrency is adopted by all the people, there will be whales that can manipulate prices.
The reason why gold price is more stable is not its adoption. Gold price is controlled by central banks.
it is true crypto is currently unstable compared to gold, but crypto is more advantageous than gold although gold is not at risk and the price of gold is determined by the central bank
Many people compare crypto to gold, and I see so many similarities as well.
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
May be or may be not. The thing is if you give it name of gold then it looses the basic working principle that is being a currency. Yes, bitcoin is currency in reality. That was the prime reason it was created just to make the transaction secure and lightening fast but eventually we the humans out of our greed made it look like store value.
I don’t think it will be used like gold. If I’m the future it really does get source of trading etc then it will be more or less currency.
Well for me bitcoin/crypto is more volatile than gold.Even though that bitcoin has a great value it can never beat the stability of the value of gold.
For now, yeah! In the future, we do not know and we can only wait to see how it turns out. Let's not forget though that the market presently as it has grown is no longer what it used to be back then when the market can simply start rising hugely and then you get to see it dump pretty fast. Once there is huge demand and real life usage generally, which obviously would have caused a huge spike in value; at that point, we may start seeing less volatility but not like it would be completely out.
Many people compare crypto to gold, and I see so many similarities as well.
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
I believe one day crypto can be less volatile than gold. If more people adopt, and address values to everyday items, trading in a daily basis, (like for grocery shopping) then crypto will be easier to use, safer, fluctuate less in terms of prices, and a lot more stable.
What do you guys think?
Maybe one day in the far future. I can't imagine it will be possible that cryptocurrencies become less volatile then gold in near future.
If you see price of gold it take few months or years to change price a little, and cryptocurrency price can jump +- 30% in a day.
I think you are confused with the statement as the actual fact is Crypto is more volatile than gold as crypto is supported by a decentralized system and accounts lot of fluctuation. Hence, crypto will always be more volatile than gold at any situation. Gold is traded globally which decrease its volatility, the only time we see price fluctuation in gold when there is news or rumors regarding war rest at all time gold seems to be stable wheres in crypto prices are fluctuating everyday.
Crypto is highly volatile and there is no comparison between gold and crypto currencies because gold can be traded everywhere but we have very less trading options for crypto currencies and it can not be traded physically like gold.
Crypto have a predictable inflation and total supply. Like Now depre in a price discovery phase, but in an hundred years if still alive bitcoin will probably have a very stable price, compared to gold and also fiat (but the price in fiat could still go up/down because of fiat)
price stability in the crypto is a difficult thing to achieve. fluctuations in the crypto always happen and that's what makes people get stuck. Indeed the risks are great, but the results can be obtained from crypto is much greater than gold. the full crypto risk but great results, arguably secure gold but the achievement each year is not necessarily high escalated. just choose the course that you think can make you get big results.
Price of gold is stable its price goes up slowly but not often while in Bitcoin it's fast in just a time it's price is high then all of a sudden it goes down and that's unpredictable so when you invest in bitcoin be wise to avoid lose of money.
Yes, it can. If people start treating Bitcoin as investment. Another thing is that if the number of holders increased significantly. that for one to have 1BTC it would be a great feat then someone showing up on exchanges with huge BTC to dump would reduced significantly and help the price to become stabilised
The currency of any country is tied to the gold-currency reserve of this country itself. But the state of the world is not in a hurry to fully legalize the cryptocurrency. In my opinion, it is very dangerous to replace gold with the crypto. Well, we should not forget that the state is primarily centralized, which is completely proportional to the cryptocurrency.
Crypto currency can not by its nature be less volatile than gold. It will always have high volatility. Therefore, the expectation of the other will remain only expectations. If we look at gold prices and crypto currency, it becomes obvious that gold is much more stable and will remain so. At the same time, prices for crypto currency have always been and will be as volatile as possible. Apparently, it will always be so.
both the crypto and gold are unique medium of exchage in the world today. Cryptocurrency has been historically volatile. reason been that it has increased volume. The more people who are using and trading, the less any one person or event can cause volatility.
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