Friday, February 3, 2023
  • Home
  • About Us
  • Disclaimer
  • Privacy Policy
  • Contact Us
No Result
View All Result
WORLDHAB
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Crypto
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Crypto
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media
No Result
View All Result
WORLDHAB
No Result
View All Result

Home » News » Cryptocurrency or Gold: Which is a better investment avenue?

Cryptocurrency or Gold: Which is a better investment avenue?

October 12, 2018
in Finance, News
Reading Time: 3 mins read
30
0

For long, gold has been the go-to investment option of people in India. The yellow metal has steadily grown in value over the years and also holds a sentimental investment value for people from every walk of life.

However, the recent shine of cryptocurrency has left the market and the newer generations with second thoughts about where to invest – courtesy the exponential value inflation of cryptocurrencies. While names like Bitcoin, Ripple and Ethereum have made a place for themselves in the investment market,  gold still stands as the primary choice of Indian investors – and for due reason. Here are some facets about Gold that you’d like to know before you weigh in the pros and cons of different options:

Easy liquidation

In the times of financial crunch, liquidation of gold is nothing short of a savior. With a smooth process, it is fairly easy to sell gold for some instant cash. The return amount depends upon the age, design, purity and current market price of the yellow metal.

On the other hand, cryptocurrency sale is a hassle in itself. Since online selling is the sole market, the probability of scams and fake transfers increases. In many cases, the profile details of a buyers is not visible to a seller. Furthermore, it is not possible to take a bank loan against cryptocurrency, unlike gold.

Global acceptance

Gold is accepted across the globe by jewelers, banks as well as stock exchanges. The import, export and the general exchange of gold is easier and requires no special tech knowledge or know-how of online wallets, trade patterns the common man to access. On the other hand, cryptocurrencies are not globally accepted. Moreover, cryptocurrencies are rather volatile, so your investment holding might not be valid, a few years or a decade down the line. For instance, there are a few countries like India which discourage the practice of cryptocurrency trade. It’s often speculated that such trades may lead to a rise in criminal offence in a country.

Gold vs Bitcoin

More options

Gold has multiple physical investment avenues like bars, coins, jewelry, etc. Consequently, it makes the yellow metal usable in occasions like marriage and festivals – which makes Gold especially valuable in India. Furthermore, stock of premier gold companies like Rajesh Exports have also yielded heavy returns to the customer. For investors, that means a double-whammy since they can invest in gold and gold companies and yield profit on both, all the while diversifying their portfolio and making profit. The company’s stock registered a six-fold rise within 5 years. From August 16, 2013 to August 16, 2018, the numbers recorded a 561% growth (Rs 98.30 to Rs 630), clearly representing the reliability of gold.

Long term perspective

The Indian gold market has displayed consistency in accordance to the rising demand of gold since decades. Contrary to such stability, cryptocurrency’s one-year hype can be placed in the bracket of ‘the dotcom bubble’ from the past. Investments are future-centric and gold outweighs crypto in the long term. Reiterating the stock growth of Rajesh Exports, the returns were reaped by people in a minimal risk, maximum benefit environment. Having said that, there are no concrete facts that can comment on the stability factor of cryptocurrencies like Bitcoin.

These facts clearly suggest that the scales of reliable and long term benefit are tipped in the favor of gold. For a smart investor looking to invest practically and in long term options, Gold still offers a relatively safer and profitable option.

Tags: BarsBitcoinCoinsCryptocurrecyGoldInvestmentRajesh ExportsStocks
Share12Tweet7SendShare2Pin3Share
Previous Post

Vidyasagar University BA, BSc, B Com Part 2 results announced at vidyasagar.ac.in

Next Post

ESIC Recruitment 2018: 771 IMO Grade 2 posts available to Apply

Chrissy Ryland

Chrissy Ryland

Chrissy Ryland - I'm a freelance writer and blogger from Northern California. I grew up loving all things entertainment and travel and now I am blessed with a career that lets me write about both of those topics along with many others. For inquiries about a story you think I might want to cover, please contact me at worldhab@gmail.com

Related Posts

Beste Bensinkort

How to Find the Beste Bensinkort (Petrol Card) in 2023

February 1, 2023
payday loan

What are payday loans?

January 31, 2023

TN TET 2022 Paper 2 Venue Admit Card Download from Today, Check Hall Ticket details & guidelines

January 31, 2023
gifts to employees

Showing Gratitude Through Gifts to Employees

January 30, 2023
buenos días

Hermosa Buenos Días Imágenes, Frases, Mensajes y Tarjetas

January 27, 2023
George Brown College Blackboard Login

GBC Blackboard – George Brown College Blackboard Login Guide

January 27, 2023
Refinansiering Kausjonist

Refinansiering Kausjonist and the Responsibilities of a Loan Guarantor

January 23, 2023
mobile trading app

5 Key Benefits Of Trading Via Mobile Trading App

January 9, 2023
Next Post
ESIC Recruitment 2018 771 IMO Grade 2 posts available to Apply

ESIC Recruitment 2018: 771 IMO Grade 2 posts available to Apply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SEARCH

No Result
View All Result

FOLLOW US

Follow our social media pages and get updates quicker than ever.

Facebook Twitter Youtube Instagram

RECENT POSTS

best trading laptop

5 Best Trading Laptop On The Budget

February 2, 2023
best indian online casino

The best Indian online casino for those who want to earn fast money

February 2, 2023
Raja Rani Coupon Result

Raja Rani Coupon Lottery Result 2nd February 2023 Hourly Update

February 2, 2023
Bhutan Lottery Result

Bhutan Lottery Result 2nd February 2023 – Check 11:55 AM, 4 PM, 8 PM Results

February 2, 2023
Beste Bensinkort

How to Find the Beste Bensinkort (Petrol Card) in 2023

February 1, 2023
volleyball betting

Correct bet on volleyball

February 1, 2023
reason to visit poland

A Great Reason to Visit Poland!

February 1, 2023

AllMoviesHub 2023 Movie Downloads, Web series in 480p, 720p, 1080p qualities

February 1, 2023
sports activities for kids

9 Best Sport Activities For Kids To Try

January 31, 2023 - Updated on February 1, 2023
payday loan

What are payday loans?

January 31, 2023

ABOUT

Founded in 2016, WORLDHAB delivers news from the various niches around the world for the targeted audience. For any advertising queries, contact us anytime.

We got approved in Google news and Bing news in earlier 2016. And since then, we help small businesses to grow their business by improving their website authority.

POPULAR CATEGORIES

  • Business
  • Finance
  • Insurance
  • Bitcoin
  • Entertainment
  • Sports
  • Football
  • Cricket
  • Lifestyle
  • Health
  • Travel
  • Romance
  • Technology
  • Education

FOLLOW

Facebook Twitter Youtube Instagram Pinterest LinkedIn Vimeo

WORLDHAB STATS

  • Monthly Traffic: 50,000+
  • Site Age: 5 Years
  • Google News Approved
  • Bing News Approved
  • Alexa Rank: 912,985
  • Domain Rating: 22
  • URL Rating: 24
  • Domain Authority: 33
  • Page Authority: 38

CONTACT

For Guest posts, Sponsored posts, Advertising enquiries, contact: support@worldhab.com

  • Home
  • About Us
  • Disclaimer
  • Privacy Policy
  • Contact Us

© 2020 WORLDHAB - Premium WordPress theme by VISION.

No Result
View All Result
  • Breaking
    • India
    • World
    • Politics
  • Business
    • Finance
    • Insurance
  • Crypto
  • Entertainment
  • Sports
    • Football
    • Cricket
    • Basketball
    • Tennis
    • WWE
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Pets
    • Travel
    • Romance
  • Tech
    • Android
    • iOS
    • Games
    • Laptops
    • Mobiles
    • Gadgets
    • Social Media

© 2020 WORLDHAB - Premium WordPress theme by VISION.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.