Post
Topic
Board Economics
Re: Will people come back to gold
by
LeGaulois
on 21/06/2019, 20:20:46 UTC
Gold will always be king, because it has intrinsic value.
maybe I don't fully agree with you, even though we must admit that gold can be a very good investment, but those who already know about crypto will definitely say that for long-term and short-term investments and can be very profitable it is definitely crypto compared to gold of course.
but if in my own opinion if the bitcoin like yesterday's price experienced a drastic decline in a long time it is likely that people will definitely return to gold because the level of gold risk with bitcoin is lower in gold which makes many people invest there
No it is not true  gold does not have good value in the market, people are getting profit from investing in crypto currency but gold has very low safety and increasing capacity, when you invest in bitcoin it gives certainty about profit and give you promising safety, but gold has only name in jewelry department, gold is not profitable investment.

Gold doesn't have a good value? How that come? If people are getting profits with cryptocurrencies you don't mention all the people who lost everything. Strange. You don't mention the hacked exchanges and so on but you talk to say gold isn't safe Cheesy.
Look like you still didn't understand Bitcoin, It doesn't give you the guarantee to make profits, It's just a fantasy in your head. Otherwise, everybody would have already invested in.