Pages:
Author

Topic: Will people come back to gold (Read 24503 times)

full member
Activity: 1008
Merit: 101
February 14, 2019, 12:39:57 AM
Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
I think no one will leave crypto investment for gold because crypto investment is more convenient than gold, as you know gold has physical presence that one you bought so you will have to keep at safe place to sell in future,  so I guess no one would like to invest in gold after investing in crypto as crypto has all positive things that gold does not have.
full member
Activity: 784
Merit: 100
February 12, 2019, 10:54:59 AM
Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
you're right, even though many are back in gold at the moment, they might return to crypto if things have improved. I think, lately there are quite fresh winds that are blowing. hopefully when the market has recovered, investors return to crypto, not to gold.
sr. member
Activity: 1148
Merit: 300
February 12, 2019, 09:28:26 AM
Well if crypto will still on the dip maybe people will change thier mind and back to hold. I believe that people has a different strategy on surviving this huge dip. Some other people invest in crypto and hold with a big hope. Everyone is hoping that crypto will be back to normal.
legendary
Activity: 2114
Merit: 15144
Fully fledged Merit Cycler - Golden Feather 22-23
February 12, 2019, 06:03:18 AM
We are down 24 pages on this thread and all I can read are rewording of post on page 1 or 2.... is people really willing to add value to the discussion or only willing to post for the sake of it?
newbie
Activity: 35
Merit: 0
February 11, 2019, 04:53:50 PM
Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!


Just the same people with very good finances can only afford. Ordinary mortals do not care about gold. A cryptocurrency is their chance to become something more.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
February 11, 2019, 04:26:33 PM
gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement
For me it is not because it does not give more profit than gold, it is not old age mate we are living in modern era where we will have to move with time without looking what has been using by people in nineties, gold is not safe to invest as holing it is one of issue needs improvement, but if you invest in crypto you will not be worry steeling or street robbing.

Dude, most people don't store the gold at home under the bed or in the bathroom. What about if I tell you it's easier to steal your coins than your gold. If a day cryptos are massively used, most people will store their coins in their latest smartphone just to look swag, I can already imagine the number of people who will be ripped from their smartphone
full member
Activity: 518
Merit: 100
February 10, 2019, 07:36:40 AM
I think it depends on their status in life because as I of me I don't really have any other background on storing any gold in my house that's why I choose to invest with this currencies. And I think it is really hard to say that most people here in Cryptocurrency are using gold before that's why maybe they will still stay in investing to Crypto just making some right timing to make a better earnings.
jr. member
Activity: 336
Merit: 1
Improve your mode of payment with crypto
February 10, 2019, 05:17:49 AM
People will always move to avenues that will yield profit and it will not be surprise the gold industry still have millions of investors across the globe. Just as the gold industry have investors, cryptocurrency world also has its own investors who believe in the concept and hold patiently till the market hit the bull market to earn more profit.
full member
Activity: 1008
Merit: 101
February 10, 2019, 04:11:16 AM
gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement
For me it is not because it does not give more profit than gold, it is not old age mate we are living in modern era where we will have to move with time without looking what has been using by people in nineties, gold is not safe to invest as holing it is one of issue needs improvement, but if you invest in crypto you will not be worry steeling or street robbing.
full member
Activity: 574
Merit: 100
February 09, 2019, 05:32:06 AM
if that is certain because getting profits or income in crypto is still very difficult now, so indeed many investors have returned to investing in gold again until crypto has a good change in the price of each coin

It will happen if you are born with a lot of money to invest what you want but different for some people who want to invest something by thinking correctly and making a profit.
when you have a lot of money it is possible to invest anywhere but usually these investors choose a place that can provide very much profit from what is invested, maybe only a few investors return to gold investment.
member
Activity: 644
Merit: 10
COVIR.IO
February 09, 2019, 05:29:23 AM
Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!



I am agree with you. People buying and holding gold because its more resistant from inflation. As store of value, gold more trusted and government recognize gold as investment. Bitcoin can be a store of value but i think its need more time to gain investor confident
newbie
Activity: 38
Merit: 0
February 08, 2019, 07:44:40 PM
yes, weaker dollar would be good for gold, is save and easy to buy.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
February 08, 2019, 01:57:32 PM
Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!

newbie
Activity: 32
Merit: 0
February 08, 2019, 01:36:27 PM
Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.
sr. member
Activity: 1400
Merit: 269
February 08, 2019, 01:23:15 PM
Gold is oversold right now so buying gold at its current price wouldn't probably be a good idea cause it needs some sort of correction right now. People buying in an uptrend will suffer major loses. If i were them i will look for an alternative asset that is cheap and in a downtrend right now. So better invest in other assets such as bitcoin.
sr. member
Activity: 756
Merit: 250
February 08, 2019, 11:32:49 AM
if that is certain because getting profits or income in crypto is still very difficult now, so indeed many investors have returned to investing in gold again until crypto has a good change in the price of each coin
legendary
Activity: 2016
Merit: 1106
February 08, 2019, 10:42:57 AM
people coming back to gold is not making a big difference in the grand scheme of things
I mean the general public doesn't influence the price of gold in any way
even if you bought gold for all the money you have and your neighbours do the same, the price is formed not
through the usual supply / demand model , but by gold fixing :
https://en.wikipedia.org/wiki/Gold_fixing
in the times of instability the money tend to flow to the relatively safe havens like gold, so there is nothing unusual if people come back to gold as you've put it
hero member
Activity: 1638
Merit: 505
February 08, 2019, 08:56:24 AM
gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement
hero member
Activity: 1302
Merit: 503
February 08, 2019, 08:53:48 AM
Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages

To be precise Gold Investment is outdated and i do not think any person now will prefer to invest in Gold. Those who are holding gold are those who have been holding it already for a long time. New Generation is attracted to bitcoin investment as the rate of return is much more higher here and also you can double your investments in two years or before.
- It's just your thoughts. In fact, people still love to invest in gold regardless of whether they are new generation or old generation because gold has a stability and sustainability, its lifetime has proved its value. While bitcoin is just a prominent boy in recent times, and what we see from it is a high profit but the risk is also enormous, and people invest in it just because they care about new investments, bring them very fast profits, and when this excitement ends, they will still return to gold, which is sure
sr. member
Activity: 1610
Merit: 294
www.licx.io
February 08, 2019, 06:49:22 AM
I still don't have any gold in any part of my house because I know that it is hard to make a business with it for me that's why I still gonna find a different ways of earnings like Cryptocurrency. It makes more sense than putting my self to a hard time of making more profit because I know it is hard to make more money it.
to be able to have 1 gold bar of course you have to need a lot of capital because the price of gold is very expensive compared to cryptocurrency, but if you only have a little better capital you don't turn away from cryptocurrency because of cryptocurrency you can grow assets you have even though there are only a few.
Pages:
Jump to: