Post
Topic
Board Altcoin Discussion
Re: Can Crypto be more valuable than gold?
by
hinorizk
on 03/09/2020, 20:29:15 UTC
cryptocurrency especially bitcoin and major coins have more value than gold, finance industry investors consider cryptocurrency was best place as their portofolio its proved day by day many investors put their money here.even giant finance institution have special allocation for it, be confidence we were on right place.
can be said like that the price of crypto is considerably higher than gold but in terms of clarity I don't think it can be confirmed for crypto, gold has the potential for stability and crypto can go up and down at any time So in my opinion, crypto and gold have their respective advantages
isn't gold price also have high volatile ? recently gold price increase alot caused many investors recognized gold as safest investment at this moment. but while commodity market have negative news its price will decline alot . in finance industry both gold or cryptocurrency have high risk the ddifference was gold used as money back up.
Yes, gold has spike here and there but that's nothing compared to the volatility of cryptocurrencies. Unless there is something grave like the stock market crash, economic depression, war or recently, pandemic, we won't see gold has high volatile as cryptocurrencies. That put gold to have another valuable point toward crypto.