Quote from: TheUltraElite on May 04, 2022, 01:49:58 PM

Quote from: fara_buduk on April 23, 2022, 09:55:23 PM

between the two have weaknesses and advantages in some views but in fact for novice investors who want to avoid high risk, then gold investment can be the right choice while crypto offers high returns / high returns so high risk

Gold is more or less safe if bought at low prices, which many of the older generation have been doing over the last few decades in many less developed countries. The good thing about this is the gradual and steady saving of money to avoid over-spending that money on things that they might not need. To them crypto is something new and truely it might not yet been in a green legal light there. So it is diligent of them to focus on things their government does not frown upon.

Also bitcoin is more or less within the 15% volatility range when trading every year. So it is also safe if you know what you are doing and not buying when the prices are high.

15% volatility is still significant. It's not particularly safe even if you can truly predict the market because of the inherent risk involved. If there's mass adoption one can reasonably expect the volatility swings to decrease, but until we get there, it's one of the major challenges crypto currency faces. I don't think people can adopt crytpo currency with the expectation they must predict the market in order to protect their purchasing power.