Which one is better. Bitcoin or gold?
Which one is better. Bitcoin or gold?
I noticed gold price to fall while sleeping in the night (GMT +1), around 1 am to 8am. But most time the price will rise during the day. I was trading tokenized gold which is not actually gold but its perpetual contract was on some exchanges. But I also do check the price of gold on MT4 to know what is actually happening to gold which confirms what I said about it.
I went short position several times and I am losing. But I think its price can easily be predictable. I am trading both bitcoin and gold and also I am trading some altcoins which are riskier but this is about bitcoin and gold. Which one do you like trading? I guess those trading gold will prefer to go long, especially around 8 am EST.
Well, I’ve never really traded gold, so basically, I am just going to for with what I am familiar with, which is bitcoin.
But all the same, I will take this as an invitation to learn more about gold, possibly apply a few trades to it and see how it goes, though I am not a frequent trader, like I only trade when ever I just feel like I should, more like a hobby or something I simply do just to catch some Cruz.
But again, that’s just me, I am very familiar with gold on MT4, but have never thought of opening a trade on it, my focus has always been on bitcoin and ethereum, and sometimes when the crypto market is too unpredictable, I switch to fiat, like usd/euro, usd/jpy and so on and on.