Post
Topic
Board Altcoin Discussion
Re: crypto and gold
by
Edraket31
on 16/10/2019, 14:44:35 UTC
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.
When compared of course I would choose gold over crypto, but that does not mean crypto is not profitable, it's just that we know that the price of gold from year to year continues to increase and that it can be used as an investment for the future that will certainly be able to provide benefits. And in crypto, the investment we make is not necessarily profitable later, we need to observe price movements in the market, and read the latest news about the coin when investing in it, but investing in crypto we can get benefits many times the capital we have, so for me personally both are equally good to invest but if I choose I will choose gold because the price is certain.


So far, I like investing in both of them, so I don't need to compare, but I like crypto most over gold, as it can give higher returns compare to gold which will just give you stability, so for me, although gold cannot give more profit as to crypto, we should have at least have all they ways to earn money, better if we do have fix and passive income too.