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.
if for long-term deposits gold is more profitable because there is no risk of falling prices and there is also no risk of loss such as bitcoin and altcoin. but if to get a profit I use bitcoin and altcoin but become the main because gold only brings a small profit
Investing in cryptocurrency and gold, of course, are two completely different types of investing, which, in fact, are the opposite of each other. I did not think at all that there is a direct relationship between gold prices and cryptocurrency prices, although it could theoretically exist. The cryptocurrency is still too young and it continues to develop rapidly. Therefore, the level of investment in it will also change, as will the price of cryptocurrency. It is not worthwhile to draw hasty conclusions, but caution in these matters will not be unnecessary.