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Gold & Crypto

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I, like most, believe that gold is a profit-taking tool - a stable asset that does not depreciate.

Bitcoin is also called digital gold because it is an economic sensation and a very promising technology, but, as we know, is not stable.

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16 hours ago, Xantosis said:

The coin is volatile in nature and due to that is why traders earn some profits while working in the market. But earning reasonable profit in bitcoin requires bigger investment because is is too expensive.

Exactly mate when we want huge profit then we invest huge amount because when I do trading on $10 and then the coins pump hard I will get round about $2 to $3 and when I do trading on huge amount then exactly I will get huge profit but keep in mind that you have already trading experience as well..

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My dear friend I want to tell you that the gold is existing in the physical market but the cryptocurrencies is exist in the digital currency market so there are two different entities at this time and I want to to tell you that this is a very valuable to purchase the gold with the cryptocurrencies

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2 hours ago, Mark wood said:

keep in mind that you have already trading experience as well..

😁 My dear friend i am still at the beggining of learning and besides it is a common thing that we should know that when we invest high we will harvest higher profit, so i will like you to keep teaching me some basics of trading so i can catch up on time.

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20 hours ago, Xantosis said:

😁 My dear friend i am still at the beggining of learning and besides it is a common thing that we should know that when we invest high we will harvest higher profit, so i will like you to keep teaching me some basics of trading so i can catch up on time.

Well dear you know I'm not such trader but if you remember I have mentioned in some of my post that I'm trying to learn trading and I'm doing some small trading now that's only for getting experience and later I will do my best to have good amount..

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On 4/21/2021 at 4:50 AM, F Roberto said:

Bitcoin volatile nature makes one to still be at risk of loosing by falling in price when someone invested on it which is not applicable to gold.

You are right about this but believe me as long as you will be patient with the market definitely you will recover your lose and even earn huge profit if hold bitcoin for a long time.

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4 hours ago, Mark wood said:

Well dear you know I'm not such trader but if you remember I have mentioned in some of my post that I'm trying to learn trading and I'm doing some small trading now that's only for getting experience and later I will do my best to have good amount..

Now I get you right, it is good the way you are doing your things. You are learning and putting it into practice at same time, wise decision and with this you will learn faster I believe.

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On 4/21/2021 at 3:02 AM, Xantosis said:

Gold and cryptocurrency are two different things but in my opinion gold is more better for long term investment because the price is not changed that much. For bitcoin, it's good too but the price can changed easily and it will make investor afraid easily while working in th market.

Well said mate but we should mentally ready for loss as well because trading is the way where we can loss also in small mistake we do before doing such investment we should research about that and then take decision that will be better..

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11 minutes ago, Mark wood said:

Well said mate but we should mentally ready for loss as well because trading is the way where we can loss also in small mistake we do before doing such investment we should research about that and then take decision that will be better..

You are right anyway, we should also think of the negative side of everything because anything that have advantages must surely have a disadvantages and since cryptocurrency world is wide then we will have to be careful on the ways we run our activities.

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Gold and cryptocurrencies are related to each other in terms of their usefulness in storage. But gold is safe because it is stable as a price. Bitcoin is a volatile currency. Gold profits are few. The profits of cryptocurrencies are large. So there are some differences but you have to store both for the future

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Is there any relationship between the cold and the bitcoins because I have no idea about the relationship between them but I think the cryptocurrency is match favourite for the gold because gold prices are not hiking as a bitcoin prices increase so I will always prefer to invest in that cryptocurrency.

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Dear let me tell you this advice that gold and encrypted currencies are two different things in that gold is a slow investment and needs to be paid for storage and needs electricity. For encrypted currencies, you do not need storage for payment and gold, the price does not rise except on occasions and gold cannot be kept as an investment  Thus, encrypted currencies provide more profit than gold

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Well I think gold and cryptocurreny are two different things. Gold have a physical appearance while cryptocurreny us just am online currency with no appearance. In terms of benefits, these two are comparable as both have a rise in their market rates. 


"An Investment In Knowledge Always Pays The Best Interest"🌼

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my friend they are both different things one is digital currency and other one is a metal the value of both never get same because you are getting gold in hard form in in the real life but the Bitcoin your earning is only in digital form.

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Gold is considered a safe haven for governments and people, and it can be stored, as well as for major cryptocurrencies such as Bitcoin, Dcoin and others, it can be kept, such as gold and the dollar.

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