Investing in Crypto: In the last 3 years the number of people investing in crypto has increased a lot and especially in India (Crypto Invester in India) there has been a huge increase in the number of people investing in cryptocurrency. Indians have been making money by investing in cryptocurrencies, but since the last 1 year, the strict stance of the government and the Russia-Ukraine war has slowed down the crypto pace. Still investors are not holding back from investing in crypto. While crypto is the newest investment vehicle in India, investing in gold has been the oldest and preferred option for Indians.
Gold or crypto (gold investment vs crypto investment)
Right now, on the occasion of Diwali, Indians have bought gold profusely, people make profits every year by investing in gold. But if we look at the investment in the last 5 years, crypto has given more returns than gold. Now investors always have this question whether to invest in digital gold or cryptocurrencies for higher returns. Let’s look at both of these investment options.
crypto and gold
If you compare investment in gold and cryptocurrency bitcoin, then in the last few years bitcoin has given good returns on investment in gold. If we look at the numbers, there was a 312.5 percent increase in bitcoin in Diwali in 2017. Between 2017 and the next insolvency 2018, this increase was 196.3 percent. In the year 2019, this increase was 96.4 percent.
At the time of corona from crypto, investors have not benefited much. If you talk about investing in gold, in 2017 investors got a return of 29.5 percent by investing in it. In 2018, this return was 36.1 percent and in 2019 it was 25.1 percent. Gold has also given better returns to investors, but less returns compared to bitcoin.
Is it safe to invest in gold?
The higher the return, the higher the risk. You must keep in mind that while investing in bitcoin is high risk, investing in gold is safer. Even if you invest in gold, you will get lower returns than investing in bitcoin. Investing in digital gold is recognized by the government, but investing in crypto is not monitored by the government.
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After Diwali where to invest in gold or crypto where will be more profit
While crypto is the newest investment vehicle in India, investing in gold has been the oldest and preferred option for Indians.