Traditional Gold Investors are Heading to Crypto

Investment is something that everyone wants to do for a better future where a person would have a good amount of money to fulfil various plans. The majority of the people in this world are not a millionaire and the only way to accumulate more money is to invest wisely and earn a decent return on the investment. Gold has been one of the segments where people used to invest a lot for the decades but now things are changing in the 21st-century.

India is one of the countries where people do invest in gold emotionally because they feel it is one of the things that can give them extra ordinary returns and they can also use it as jewellery. In many cases, they invest in gold but because of the emotions they never get the chance to send it back but with the new generation things are changing and they invest wisely and that too with the least emotions.

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But with cryptocurrency is the way people used to invest has changed and this new segment known as crypto has been getting a good amount of investment. Every day next up videos are joining the crypto world in India and they are coming out of June where they used to think that gold is the best one for impressive returns. The good thing is that now people who used to invest a lot in gold are making a move toward crypto and its a good sign.

Exchnages have already shared mutiple time that India has been witnessing tremendous growth in the crypto segment and after this bull run, things are growing at a fast pace. This time during bull run things are different and those who have been [art of crypto for quite some time are not willing to sell anything because they have log term mindset. There has been lots of drama with Tesla and Elon Musk but still, the market was not heavily dumped and accumulation was still going on and even now when the bitcoin price is at $35k which is almost half of its all-time high price then also long term investor is not worried.

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This is happening when there is no crypto regulation in India and I think that its a clear sign that we are heading in the right direction. I am not against gold but I dont find any reason to stick with anything that can't give me tp returns and crypto is the one that has been offering significant returns for the last few years. There is certainly a risk but its everywhere wherever we see a possibility of higher returns including stocks, mutual funds, and even with real estate because these days its prices are also not stable.

Thank you so much.

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