Gold Vs. Crypto: Which is a Better Investment

[Nomad]

Do you prefer investing in gold or crypto? Gold is a secure investment, making a loss with gold is a very minimal. Crypto is a risky investment, making profits can sometimes be very slim. However, the potential for significant profits with gold investment might not be available, whereas, crypto investments can give you a very high return. Between gold or crypto, what will you choose for your investment strategy? What are your reasons?

 

[Goldynn89]

I prefer cryptocurrency for certain reasons. My initial savings is not more than $100, so investing in gold that takes long to yield returns isn't attractive.
Inflation is also making money less valuable which means I may stand to lose more by holding gold which doesn't appreciate proportionally.

 

[Suba]

Not all types of crypto are promising as investment instruments, many types of crypto have fallen in value or even gone to sleep, while gold will provide long-term, stable profits, even though they are small.

 

[Augusta]

I will go for gold selling or investment. Crypto trading is just too risky and might really cause a lot of issues for newbies.

 

[eLdavis]

Gold and crypto are very lucrative investments to take up. Your choice should be based on preference and your understanding of what you are investing in.

 

[magnus2022]

Gold is preferable to me because it is volatile like cryptocurrency. Gold market is highly regulated and competitive thereby making it more stable and profitable. Though, the profits may not be like that of cryptocurrency but is more secured. Some cryptocurrency don't have real value and can crash anytime.

 

[Kirubel]

It is not all about the huge profit we get; it is also about choosing the right and less risky investment plans, so I will go with gold. I really like crypto, but I know that it is a risky investment and not easy.

 

[deucher]

I do not prefer gold, but I buy gold in order to protect part of my assets from any financial changes, I think they understand that gold is much more stable than cryptocurrency

 

[Augusta]

Gold and crypto are very lucrative investments to take up. Your choice should be based on preference and your understanding of what you are investing in.

Yes the two are what people should invest in . They are both rewarding but I go for gold as it is not as risky as crypto

 

[freelancermaria]

I believe both options have the potential, but because I tend to be more conservative with investments, I will go for gold.

 

[Springtime]

I do not know much about crypto. I just know that it is a high-risk investment. I would prefer to invest in gold. It can give you more stable return.

 

[Starmix]

I could go for both but do it one at a time. It's not good to be afraid because you haven't tried. Timing is needed in both crypto and gold.

 

[King Belieal]

I would say for people that are not very risk minded, they should stick to gold which is traditional and they understand.

 

[pousinha]

I prefer by far gold, in its form of golden jewels. I'm not so worried about the volatility of cryptocurrencies, but I live in a country whose government is a crypto-enemy. I won't be astonished if sooner or later in my country we'll face a crypto-ban as in Bolivia, so I can't rely on an asset that sooner or later can turn like a slot-machine. Until possible, I'll go on earning cryptocurrencies from my PTP socials, but I mostly convert my crypto-earnings to FIAT on a monthly basis to avoid future disagreeable surprises.

 

[Starmix]

I prefer by far gold, in its form of golden jewels. I'm not so worried about the volatility of cryptocurrencies, but I live in a country whose government is a crypto-enemy. I won't be astonished if sooner or later in my country we'll face a crypto-ban as in Bolivia, so I can't rely on an asset that sooner or later can turn like a slot-machine. Until possible, I'll go on earning cryptocurrencies from my PTP socials, but I mostly convert my crypto-earnings to FIAT on a monthly basis to avoid future disagreeable surprises.

That is so hard for you to invest on crypto. Why is your government dislike crypto? But gold might also be crucial in your part. I hope not.

 

[pousinha]

Why is your government dislike crypto?

As I said before in other discussions, unfortunately it's a pseudo-communist government. My country is too old-fashioned and whatever isn't a local product, is greatly mistrusted by a communist or even a pseudo-communist government. Obviously, cryptocurrencies aren't local products.

But gold might also be crucial in your part.

Golden bars matter, as people here are compelled to declare them to R.S.I. Not a big deal for married people. If one of the two dies, the widow is compelled to share the declared golden bars with stepchildren or parents in law (this latter case, when lacking children of our own).

 

[Starmix]

As I said before in other discussions, unfortunately it's a pseudo-communist government. My country is too old-fashioned and whatever isn't a local product, is greatly mistrusted by a communist or even a pseudo-communist government. Obviously, cryptocurrencies aren't local products.


Golden bars matter, as people here are compelled to declare them to R.S.I. Not a big deal for married people. If one of the two dies, the widow is compelled to share the declared golden bars with stepchildren or parents in law (this latter case, when lacking children of our own).

It is better to sell the gold why keep it when others will benefit when the owner dies? It is not all the years that gold price depreciate, there will be a year of month the value appreciates and that is the time to seel it.

 

[oliver991]

I prefer investing in crypto over gold because it's more dynamic and accessible. With crypto, I can easily trade or make transactions at any time, and the growth potential is massive compared to the relatively stable price of gold.

Just look at where the world is heading—towards a digital era—so crypto makes a lot of sense. It’s all about embracing the future and being part of something that’s constantly evolving.

I mean, it feels very logical to me. Just looking at the current times, crypto feels like the right choice

 

[pousinha]

It is better to sell the gold why keep it when others will benefit when the owner dies? It is not all the years that gold price depreciate, there will be a year of month the value appreciates and that is the time to seel it.

There is the risk to sell at a loss in the case gold price plummets. In any way, no one can know when one's spouse will die...so the best thing in my country is to avoid golden bars in favour of golden jewels for a price they won't need to be declared to R.S.I. and only to sell them in the case of a need.

 

[Starmix]

There is the risk to sell at a loss in the case gold price plummets. In any way, no one can know when one's spouse will die...so the best thing in my country is to avoid golden bars in favour of golden jewels for a price they won't need to be declared to R.S.I. and only to sell them in the case of a need.

Incest only in something that is not risky and easy to sell. I do not know what kind is it in your country. In my country, there are many like investing on agri products like fertilizers, chemicals for pests, or capitalizing a farmer.