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❕NEWS Founder Of Galaxy Digital Wants People To Buy More Gold Than Bitcoin

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The CEO of Galaxy Digital, Mike Novogratz, urged people to invest more in gold rather than bitcoin. This is due to the fact that bitcoin has a high volatility rate and gold seems to be doing pretty well during this pandemic crisis. He is still a big supporter of bitcoin but believes gold to be a much safer option now. Gold is now being traded at a price of about $1900. What do you think about this??
 
Bitcoin is much more easier to access for trading than gold, truly gold is safer than bitcoin but bitcoin brings money faster and people want quick because of the vulnerable nature of it.
 
No one said that you should trade gold here. Mike Novogratz simply said to invest in gold and wait until the price peaked before selling. You should be able to buy gold from your local gold store, there's no need to go online at all.
 
No one said that you should trade gold here. Mike Novogratz simply said to invest in gold and wait until the price peaked before selling. You should be able to buy gold from your local gold store, there's no need to go online at all.
Your opinions most times are more of attack which is not a good one. Trade simply means buy and sell regardless the time so buying of gold and reselling later whether online or offline is trading. Recently it was stated here that one can trade gold either on paxful or binance can't really recall. Please adjust.
 
Since 2013 crash gold hasn't been able to regain its optimum price. I hope bitcoin can perform better than gold but then thinking about this pandemic everything is uncertain.
 
Both of them are prone to crash anytime especially bitcoin though if it crash it can rise back faster than gold but if I have money to invest , I will invest 40% on gold and 60% on bitcoin.
 
It is very convenient to be smart when an event has already occurred. And if gold falls? Galaxy Digital CEO Mike Novogratz is ready to answer those who will receive a loss due to their advice? See? Here is the forecast price of all these gurus. They are not responsible for anything.
 
I prefer investing on gold ,since its rate of fluctuating is not more than the other , and I read online that some residents in Italy are selling their gold for cash due to unemployment caused by the pandemic
 
people always agree that investing in Gold is better than investing in anything that's in internet, that happened in many occasions and many people agreed about it, since every unexpected thing can happen in the internet
 
Well, agree..due to high volatility of Bitcoin, and Gold being more stable..i guess his right.
But 1 thing good about Bitcoin is its capability..gold needs to transfer physically, bitcoin can be transfered to any one in most places with proper tools..and due to fast modernization..everything is heading towards that goal.
 
Well, agree..due to high volatility of Bitcoin, and Gold being more stable..i guess his right.
But 1 thing good about Bitcoin is its capability..gold needs to transfer physically, bitcoin can be transfered to any one in most places with proper tools..and due to fast modernization..everything is heading towards that goal.
Gold is not transferred physically only but also online , there are even some reputable crypto exchange sites planing its exchange with other crypto currency , its usage will have more increase
 
The CEO of Galaxy Digital, Mike Novogratz, urged people to invest more in gold rather than bitcoin. This is due to the fact that bitcoin has a high volatility rate and gold seems to be doing pretty well during this pandemic crisis. He is still a big supporter of bitcoin but believes gold to be a much safer option now. Gold is now being traded at a price of about $1900. What do you think about this??
I agree with this notion that gold would be the safer investment option ass gold is guaranteed to increase in value and the price is not as unstable as that of crypto and bitcoin. Therefore if you invest in bitcoin the price is bound to rise and you will make a profit. However, if you look at the price of bitcoin, if the demand had to cease one day then it will be worth almost nothing. This is a major loss in investment then.
 
I agree with this notion that gold would be the safer investment option ass gold is guaranteed to increase in value and the price is not as unstable as that of crypto and bitcoin.
The gold price to do fluctuate and there was a time which it get to the highest amount then , but nevertheless both bitcoin and gold are unstable
 
I think bitcoin is much more easier to invest to and more accessible to people than gold, that sole reason will rob many people the chance to invest to gold and would go to invest in bitcoin instead
 
Gold is a good bet but it is not readily available/accessible to everyone. I believe people make some cash trading bitcoin than gold.
It can be readily and easily accessible there are some sites you can trade bitcoin for gold and even cash ,so its accessible and people do make cash trading gold
 
Gold is a good bet but it is not readily available/accessible to everyone. I believe people make some cash trading bitcoin than gold.
Bitcoin and other crypto is more easily accessible to everyone and you can even use faucets. Whereas with gold you can't do that. That is why more people gravitate towards this.
 
I think bitcoin is much more easier to invest to and more accessible to people than gold, that sole reason will rob many people the chance to invest to gold and would go to invest in bitcoin instead
People also get robbed and scammed on bitcoin platform and not only gold , only that the complexity rate of bitcoin and gold can't be compared with each other
 
Gold is a good bet but it is not readily available/accessible to everyone. I believe people make some cash trading bitcoin than gold.
Gold is sure going to be only accessible to the privileged few. Bitcoin is more widespread and has the power to grow and grow. Bitcoin will do it for me.
 
I agree with this notion that gold would be the safer investment option ass gold is guaranteed to increase in value and the price is not as unstable as that of crypto and bitcoin. Therefore if you invest in bitcoin the price is bound to rise and you will make a profit. However, if you look at the price of bitcoin, if the demand had to cease one day then it will be worth almost nothing. This is a major loss in investment then.
I kind of make sense of this valid point.Bitcoin has influenced the whole world without being tangible.You cant withdraw it in its natural form apart from trading it.It can't be controlled or put In a reserve.Meaning if there was any financial punch to it,it can cripple it and even render it valueless.We should brace for anything.
 
Bitcoin is much more easier to access for trading than gold, truly gold is safer than bitcoin but bitcoin brings money faster and people want quick because of the vulnerable nature of it.
Yeah bitcoin seems to be everywhere and easily accessible than gold. So he can buy as many as possible that gold even though btc is more expensive
 

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