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❓ASK Investing in gold is worthy or not.

Razor1911

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In our country, people buy gold in almost every occasion. Let it be someone's marriage or b'day, people here like to share happiness by giving gold gifts. As we say the gold is safe haven.

But investing in gold is worthy or not?The price of gold is less volatile compared to crypto market or stock market. So the long term prospect becomes highly attractive for it. The price is constantly imcreasing, but the ROI is around 8-10% annually only. Do you think it's a good investment option?
 
Gold is worth of investment. I don't have any investment on gold before because I don't have knowledge on it but I know some people that are in the business and they are making money from it.
 
Gold is worth of investment. I don't have any investment on gold before because I don't have knowledge on it but I know some people that are in the business and they are making money from it.
In our country there is big demand of gold. people think it is very auspicious to invest in gold and that is why you will find people from every household who own at least 10 gram of gold. And I think investment in gold is is very profitable also for long term.
 
I have a colleague in the office who had invested in gold. She said that gold is her safety net against inflation. Her gold certificates are worth thousands of dollars. She may be right. But gold is a long term investment.
 
In our country, people buy gold in almost every occasion. Let it be someone's marriage or b'day, people here like to share happiness by giving gold gifts. As we say the gold is safe haven.

But investing in gold is worthy or not?The price of gold is less volatile compared to crypto market or stock market. So the long term prospect becomes highly attractive for it. The price is constantly imcreasing, but the ROI is around 8-10% annually only. Do you think it's a good investment option?
Like I tell myself I like to. Invest in gold than on Bitcoin or other crypto currencies. For me it more worthwhile since it doesn't require too much risk and can be resold at a profit easily
 
Like I tell myself I like to. Invest in gold than on Bitcoin or other crypto currencies. For me it more worthwhile since it doesn't require too much risk and can be resold at a profit easily
Yeah. I agree with you. Gold is much better than other currencies. Even trading gold is more profitable than other crypto coin. That's why some nations are investing in gold
 
Yeah. I agree with you. Gold is much better than other currencies. Even trading gold is more profitable than other crypto coin. That's why some nations are investing in gold
Sure, personally I will like to invest more in gold than any other form of investment.Gold is just like investing in land. It appreciates as the year passes by so it more profitable
 
I think selling good is a good business, but only if you have a good market for this. So you should start by researching more about this business and where you can possibly sell the gold to.
 
Like I tell myself I like to. Invest in gold than on Bitcoin or other crypto currencies. For me it more worthwhile since it doesn't require too much risk and can be resold at a profit easily
Gold is called safe haven for a reason. In most critical times like recession, people start investing in gold, as the price of gold hardly detoriate.
 
Gold is called safe haven for a reason. In most critical times like recession, people start investing in gold, as the price of gold hardly detoriate.
Yeah you are right on this. Gold investment is a lot safer than going the route of cryto currency. I like how it even appreciate as the years passes by. It makes for a good assets for the future
 
In as much as gold is not as Profitable as cryptocurrency, gold investment is worth entering into only if one can afford it and also know how to sell for profit
 
Trading gold is a wise investment and provides belter ROI .Gold is highly valued non perishable material and the market is more stable. In my country, many people prefer buying gold to keeping money in the bank which offers little interest. The gold can be sold at anytime and more profit can be made.
 
In our country there is big demand of gold. people think it is very auspicious to invest in gold and that is why you will find people from every household who own at least 10 gram of gold. And I think investment in gold is is very profitable also for long term.
Well inviting on Gold is also a very nice business, but is also at risk if you are a kind of person without endure, because gold business drop and rise, and sometimes you need to wait for months before you sell or buy, it really a nice business to do when you have enough money
 
Well inviting on Gold is also a very nice business, but is also at risk if you are a kind of person without endure, because gold business drop and rise, and sometimes you need to wait for months before you sell or buy, it really a nice business to do when you have enough money
 
If you can invest a lot of money on it.. i guess it's worth it but if you can only invest a hundred bucks then im not sure it's worth it because profits will be small
 
Gold is an investment that is worthwhile. I've never invested in gold since I don't understand it, but I know some individuals who have.
 
In as much as gold is not as Profitable as cryptocurrency, gold investment is worth entering into only if one can afford it and also know how to sell for profit
Well stated. Gold trading is more solid form of trading in the long run. A lot of traders know this that is why a lot trade more in gold now. Having money to trade in gold is helpful
 
Well stated. Gold trading is more solid form of trading in the long run. A lot of traders know this that is why a lot trade more in gold now. Having money to trade in gold is helpful
The only challenge I see in gold trading is the fact that it is not easily accessed during buy and during sell like it is with crypto
 
The only challenge I see in gold trading is the fact that it is not easily accessed during buy and during sell like it is with crypto
Yeah but sometimes it depends on one's location. Like in my country there's a specific place to get your gold. You just get to the location to buy though sometimes it just expensive there than online
 
Yeah but sometimes it depends on one's location. Like in my country there's a specific place to get your gold. You just get to the location to buy though sometimes it just expensive there than online
Another challenge is that one can be deceived and the person will end up buying take gold which he may not be able to see for something tangible later on
 

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