Quote from: nurilham on December 16, 2022, 11:33:43 PM

Quote from: Smitty Werben Man Jensen on December 15, 2022, 09:05:48 AM

It's true when talking about cryptocurrencies it is a risky investment and I think almost everyone knows that,
What makes it the most risky is that its movements are difficult to predict,
but indeed gold is a much safer place to invest

Investing in crypto is risky because its price volatility. But the volatility doesn't always mean disadvantage. We can get huge profits on crypto coins because of volatility. Without volatility, there will be no significant movement on crypto prices which means there is no significant range between the purchase price and the selling price. So, how can we earn huge profits if there is no volatility.

Sure, investing in gold may be safer than investing in crypto coins. But the possible profits to earn from gold won't be as big as the possible profits to earn from crypto coins. Gold price change isn't quite significant as crypto coin prices.

Exactly, volatility is considered a characteristic feature of crypto, people participate in investing in crypto because they like their high volatility, the more volatile, the better the chances of making a profit. Therefore, people with heart disease or risk aversion should not invest in crypto.
In addition to gold, we also have real estate, which is also a safe investment, but if you compare the returns, all are not equal to crypto.
Invest in gold, real estate, or bitcoin, all are good investments. We can invest anywhere that can bring profits, and increase our assets, as long as we don't leave money in the bank because it will depreciate over time.