Why are people more stuck to gold investment?

[princessgirl]

Most older people are stuck to gold investment because it has been in existence since the civilization on man. Most people are adamant to change. Bitcoin or crypto investment is just some few years old. A lot of people especially the old ones who are not technologically inclined are still not aware of crypto.

[Zyarifa]

most people are indeed more interested in gold investment besides the price that tends to be stable, gold will not decline

[Iconetlife]

Gold is a long-term need and investment compared to storing fiat, but if gold is compared to bitcoin, I cannot comment more, because everyone has their own desires. Even though basically the value of bitcoin will grow more ahead of gold because bitcoin itself is final and predictable, in contrast to gold.

[ayatoslaw]

Until now there are still many people who know gold better than crypto, but rarely do gold investments, only a few people do it, especially in villages, in my country very few villagers invest in gold, almost none.
and cryptocurrency itself will be known by the public as time goes by, it's just that it takes a long time to be accepted by all people.

[silver23]

Because they think invest in gold is profit.
And they still don't believe in crypocurrency because not have a physic or real mater like gold.

[leodiaz]

I think it's natural for those older generations who still don't know Crypto and are still involved in the World of Gold Investment. it is true that Golden's age will be longer than Crypto, but the benefits will also be greater than Crypto. And that's the fact. So it is only natural that parents still do not know Crypto because they still do not know the current technology.

[Kinal]

Gold can be held in your hands. So it looks reliable in the eyes of the older generation. It's hard for them to understand that a cryptocurrency is digital gold and may soon completely change the economy.

[owmivmen]

Currently crypto is not yet popular and only a few people understand technology using crypto. The rest, most people don't understand how to use and invest in crypto.

[Pupus]

the unstable crypto prices are one of the factors why so many people are afraid to invest in cryptocurrency. but I think investing in cryptocurrency is the most profitable thing if we can be more patient and careful. we can get the bigger profits and also faster than investing in gold or land.

[TERMINO]

In fact old people doesn't want to know crypto because they cannot comprehend how it works. But I think once they learn that it is easy and soft they will be more interested and probably they will invest huge amount.

[Mikam]

basically the value of bitcoin will grow more advanced than gold because bitcoin itself is final and predictable, different from gold. Gold is a long-term need and investment compared to storing fiat, but if gold is compared to bitcoin, I cannot comment further, because everyone has their own desires.

[ipanks]

Most older people are stuck to gold investment because it has been in existence since the civilization on man. Most people are adamant to change. Bitcoin or crypto investment is just some few years old. A lot of people especially the old ones who are not technologically inclined are still not aware of crypto.

Because gold is more stable than cryptocurrency and besides that, the older people only know gold as the investment, and they don't have time to learn cryptocurrency. I think they don't want to see the value of their investment will up and down because this will make their heart beat fast and if the price of the crypto is decreased, they can get shocked in anytime.

[Unknown]

They would much prefer for what they see and what they know,
and it takes time for olds to adapt the new technology so for me its hard for them to impress at bitcoin rather than gold

[Shahinaz]

I think, investing in small gold is risky, if fiat is everyone always feared with risks like hackers, prices are not stable, and digital is not real
and also only certain people who understand fiat money.

[dpektemek]

The reason why gold is the basis of the entire economic system makes it so important.This is a habit that has been going on for centuries.people rely on gold and invest in it.