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Gold & Crypto

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Hi, a good topic for discussion. I believe that you can not compare gold and bitcoin. Gold is the planet’s exhaustible resource that we can touch and carry on ourselves. But Bitcoin, you can do it as much as you want, you can’t touch it, now it’s even impossible to cash it normally and legally

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On 2/7/2020 at 12:41 PM, Gidexen said:

If you choose both as an investment tool, this is a very suitable choice. Gold has real value, but the movement of its heroes is not as fast as that of bitcoins. And vice versa, Bitcoin is very volatile. So, my suggestion is that cryptocurrency profits serve as capital for buying gold.

I agree with this mate, its hard to hold some gold here because you can get nothing for this by being an stable of the price unlike bitcoin, bitcoin is a volatile so that every minute, the price of it changes if this will be pumped or not.

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Both are unique, Gold has a steady cost and ward for quite a while, while Crypto can change in an hour or so to siphon or dump. Gold costs are low and they rise just a few events, not constantly. Individuals now a days moved from Gold to Crypto so as to make more benefits.

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I prefer crypto over gold because if you hold the crypto then it's price are more increase then gold. But in case of gold the price are not increasing more. Cryptocuurency is increasing day by day and it's value become double. 

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Both gold and bitcoin are two very expensive assets but the good thing about them is that you can buy whatever amount you have. For example you can buy just 1 gram of gold for $50 and buy 0.005btc for $40. Also their value in the recent years has only gone up, so you can make profit with both of them.thanks...

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The value of gold basically does not go down and will tend to become more valuable each year. This is because gold has limited or limited properties. The amount of gold in the world is rare and not easy to dredge, making the value of gold still valuable. Gold as an investment option to maintain the value of assets, especially facing the risk of inflation. . 
While Bitcoin is a new technology that is seen as going to revolutionize the financial world. Although Bitcoin was originally seen as a technology for payment, many people have used Bitcoin as an investment instrument because of its volatile prices.
If Gold is seen as a protector of wealth then bitcoin is seen as a protector and enhancer of wealth.good luck...

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As Gold can only be stored physically, there is always a threat of security. The same goes for fiat money if we store it physically with us. However, in the times of digital advancement, fiat money is also stored online and it may not subject to theft. Here, cryptocurrencies emerge as the winner as they work as decentralized online wealth. Most of the cryptocurrencies are impossible to trace and easily traded. Barring a few instances of theft, Bitcoin is considered as one of the safest modes of investment.

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8 hours ago, Arabi12345 said:

Both are different, Gold has a stable price and dependent for some time, while Crypto can change in a hour or so to pump or dump. Gold prices are very low and they rise only some occasions, not all the time. People now a days moved from Gold to Crypto in order to make more profits

Gold is too stable currency which many people that knows the secret of it are holding it but the major one is the bitcoin which has high volatility

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37 minutes ago, hasanhamidul7 said:

Except for another bull run in Bitcoin which will be the biggest and then the best investments right now are gold and Bitcoin and low Bitcoin. So I don't know if we have one more.

Gold and bitcoin are not much different. together investment fields of people, if the price of gold will always rise even though slowly, the opposite is with bitcoin.

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On 10/6/2019 at 11:24 AM, orangeC said:

There is no doubt the bitcoin will replace gold in the future. Bitcoin already replaced gold in the mind of Millenials - the youth and entrepreneurs. Bitcoin is beating gold with a very high margin in terms of profits for the long-term investment

Yeah bitcoin price now better than gold and i think bitcoin is best.because, bitcoin price always seen up and down.but, gold coin never up and down.

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I think the importance of gold and cryptocurrency is same. In this present world in very rare case also exchanged like physical money. But the world is getting digitalised as a result the importance of digital transaction is increasing

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On 10/15/2019 at 9:17 PM, alexisfuentes said:

Guys, without passions, gold has many advantages.

Gold has more the 5000 years in use, trading, exchanging. 😊

Gold is some how outdated but  still exist as continuous goods or means of money which differentiate it from other crypto currency

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Bitcoin has shown that it can be used as a risk hedge but not all the time. The recent gold rally has provided a scenario for safe haven investments, and this trend may reinforce gold's superiority over bitcoin now.

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Bitcoin is much more convenient to use than gold. Bitcoin is easier to store. Bitcoin is more attractive to investors. Bitcoin can be quickly transferred to another account. Bitcoin is an asset of the future.

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7 hours ago, Babubu609 said:

Gold is some how outdated but  still exist as continuous goods or means of money which differentiate it from other crypto currency

You have undermined this message, that is, the oldest quote they have made in any publication they published here.

Quote

Mmh !! interesting.

Gold is unique and incomparable there is a belief that it can be compared to bitcoin, in reality gold is an asset that is even used as a means of payment by many countries and is the letter of credit, the more gold you have the more possibilities of credit, investment get governments.

At the level of individuals or ordinary people, it is still the first asset that people keep or want to have.

 

 


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You can work with both but most of people will choose bitcoin over the gold. Bitcoin have more value than gold coin. But gold coin is also a good one. 

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I'm only familiar with bitcoin not Gold therefore, it will be great for me to also start using Gold along side bitcoin because I believe they can both be profitable.

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well i think that gold is better for investment if you want to safe your money and make a small profit like 0.1, 0.4 % per year but if you want to hunt  big profits you should go with bitcoin cause it's price has more chance of increasing than golds. all golds are mined so there are limit number of gold but we can't say that about bitcoin yet.

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Gold and cryptocurrency are both valuable. but they have certain differences, and the biggest difference is their value. Bitcoin is much more valuable and its value increases over time. I don't like taking gold as a payment option, but if yes then I would be honored.

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Yes, using them together is a good thing in order to reduce the risk of your money in the event of a crisis, as people trust gold more than Bitcoin, as happened in the last crisis.

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Cryptocurrency Anne gold have their own used and pattern, but I prefer cryptocurrency because I am already used to it than gold

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Gold is a natural pair trade, historically more stable than the fiat currencies (or digital tokens tethered to them) that otherwise serve the role for many crypto investors. It's also a way to diversify their holdings. Gold has historically done well when other currencies and markets weaken.

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Lets see in the future these both things will be the most valuable in this world. I am imaging like most of the projects will come in the market by releasing gold backed cryptocurrency. Price of gold and cryptocurrencies both will be increasing in the future. 


 

 

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Each of them has its value and its importance in society, as gold is very important in international transactions and cryptocurrencies are also important and have proven their ability to control the commercial movement from a distance and prevent them from sliding towards the worst in light of the epidemic that is sweeping the world


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