Post
Topic
Board Economics
Re: Will people come back to gold
by
Epimetheus
on 26/12/2018, 19:43:19 UTC
if in my opinion the one who goes to gold is certainly there, because by investing in gold it is also to get income in the short term. therefore to wait for the market to stabilize and green again by earning income from gold
Investing in gold is always a good choice, and its their choice to transfer from one market to another or better they will invest on both market. If you see good opportunity in one market grab it, because not all market can provide you enough profit especially if the market you’re investing is down. As long as you invest in any market you are good, just know how to be more wise and always diversify your investment.
No I do not think that people will come back to gold.People have chosen cryptocurrencies over gold as they give good amounts of profit returns and that too in a short period of time as their values are very volatile.But on the other hand gold's value is very stable so the profit rates are almost nil or very little and gold takes a lot of time to give returns.Cryptocurrencies are money making machine so one should take advantage of them definitely.