Investment in Gold or Cryptocurrency?

Hate2Wait

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These both are one of the popular ways to invest our hard earned money and with time most people are moving towards cryptocurrency and there are many that still prefer investment in Gold as best.

What do you prefer?
 
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Mikky

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I will rather prefer crypto currency investment to gold, my reason is that crypto currency have high price fluctuation compare to gold's and this can be very profitable if well predicted although it's very risky
 

Hate2Wait

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I will rather prefer crypto currency investment to gold, my reason is that crypto currency have high price fluctuation compare to gold's and this can be very profitable if well predicted although it's very risky
That's correct and one best thing about crypto currency is you can even start with even $10 or $50 but with Physical Gold we need to invest a bigger amount and only then we'll be able to get something because Gold is so expensive
 

Hate2Wait

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I would like to invest in Real estate too but I feel the money it requires is a lot and hard to manage and you need to be smart enough to buy a good property which does not have any dispute or problem because these brokers aren't any helpful
 

Suba

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Personally I prefer to invest in crypto, because the fluctuations are high so it is challenging but we have to consider the risks. If you are going to invest in crypto use idle money.
 

Mikky

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That's correct and one best thing about crypto currency is you can even start with even $10 or $50 but with Physical Gold we need to invest a bigger amount and only then we'll be able to get something because Gold is so expensive
Even with digital gold you will need a lot of money to get something better in return , crypto can make one rich easily and also it can also do the other way round easily.
Personally I prefer to invest in crypto, because the fluctuations are high so it is challenging but we have to consider the risks. If you are going to invest in crypto use idle money.
You're right, it is not advisable to invest an amount you can't afford to loose in crypto.
 

cherry123

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These both are one of the popular ways to invest our hard earned money and with time most people are moving towards cryptocurrency and there are many that still prefer investment in Gold as best.

What do you prefer?
I still live to invest in gold I think it's very easy to indulge in gold and make money not like crypto currency that fluctuate all the time
 

Mikky

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I still live to invest in gold I think it's very easy to indulge in gold and make money not like crypto currency that fluctuate all the time
Gold is more good for long term investment due to its steady price but the joy of crypto investment is the price fluctuation which can make an investor or mar the investor. Gold is safer but it takes sometimes to get decent returns.
 

eldavis

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Indeed a lot of persons are running towards crypto currency as one of the modern ways of investment, many assume crypto currency would completely eliminate the need for gold investment, but gold has been able to hold its own so far. I think if i had the opportunity to choose i would invest on the two as i don't believe in having just one investment but i would invest more on gold than cryptocurrency because i believe gold is more stable and reliable.
 

cherry123

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Gold is more good for long term investment due to its steady price but the joy of crypto investment is the price fluctuation which can make an investor or mar the investor. Gold is safer but it takes sometimes to get decent returns.
This is why I still prefer gold to crypto. You can't imagine people that bought crypto for $40k then how long they have to wait now for a rise.
 

Mikky

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This is why I still prefer gold to crypto. You can't imagine people that bought crypto for $40k then how long they have to wait now for a rise.
Crptosystem is unpredictable unlike Gold, it might just get a boost from nowhere and hike up in price all of a sudden which is why I still prefer crypto investment over Gold investment. There was a time a friend told me about one of his coin that went past its all time high all of a sudden and also dropped down below it's all time low after some hours
 

Shavkat

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Personally speaking, I prefer to invest more on gold than cryto. It is because the gold price does not go down in its price. Unlike crypto, the value fluctuates from time to time.
 

cherry123

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Crptosystem is unpredictable unlike Gold, it might just get a boost from nowhere and hike up in price all of a sudden which is why I still prefer crypto investment over Gold investment. There was a time a friend told me about one of his coin that went past its all time high all of a sudden and also dropped down below it's all time low after some hours
Well, different strokes for different folks . Maybe because I'm really yet to understand the crypto world but selling gold is a lot easy
 

Yugocean

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Both are good on their own, I will invest in crypto die to easy to use, but in case of gold, we need to keep it safe, and also govt might charge tax on it, but nobody knows how to deal with freedom of economy.
 

Hate2Wait

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Even with digital gold you will need a lot of money to get something better in return , crypto can make one rich easily and also it can also do the other way round easily.

You're right, it is not advisable to invest an amount you can't afford to loose in crypto.
With digital Gold we can start with a very low amount too but I have tried it and it's not worth and in it's place it's better to invest in Physical Gold and in the mean time I am doing my best to start with investment in crypto.
 

LoukiaCharilaou

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These both are one of the popular ways to invest our hard earned money and with time most people are moving towards cryptocurrency and there are many that still prefer investment in Gold as best.

What do you prefer?
I prefer investing in gold to cryptocurrency because gold has maintained its value.
 

Mikky

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With digital Gold we can start with a very low amount too but I have tried it and it's not worth and in it's place it's better to invest in Physical Gold and in the mean time I am doing my best to start with investment in crypto.
Investing in physical Gold have never interested me at all but now that you too have mentioned it again I will like to know more about it. Investing In physical Gold should mean having the real Gold at hand. right?
 

Sanjeev

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I prefer to invest in good or real estate as I don't want to risk money on crptocurrency as who knows the fate of it in the future. Recently there was a dip in the rates of bitcoin cash. I had saved some from noise.cash which I exchanges when I saw the rates were decreasing day by day.
 
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