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1. As a global wealth management product, gold investment has always been very popular with everyone, mainly because of its high volatility and considerable overall yield, especially suitable for some investors who are keen on short-term trading. However, investing in gold is not only profitable, but also accompanied by certain risks, so before joining the gold market, try to understand the advantages and disadvantages of gold investment, especially for beginners.
Second, the advantage of investing in gold depends on the way.
First of all, there are many ways to invest in gold, which will also determine the quality of gold investment to a certain extent, so we should find a relatively superior and suitable way. Investing in gold has great advantages because it is more suitable for the public in terms of investment threshold and trading rules. For example, the investment threshold of spot gold is generally within $200. If you use a mini account, you only need to inject $30 to trade. Moreover, spot gold faces the global market, is in line with international quotations in real time, and can be traded 24 hours without restriction, which is much more convenient than many wealth management products on the market.
Third, control the shortcomings of gold with the right means.
Although all wealth management products will have their own advantages and disadvantages, if you want to have better returns in the gold market, you need to know clearly what the advantages and disadvantages of gold investment are, so that you can be vigilant in future transactions. The disadvantage of gold investment mainly lies in risk. As a high-yield and high-risk investment product, although gold investment has many profit opportunities, it will also bring certain trading risks due to excessive fluctuations. Therefore, we should not only try our best to make the transaction light, but also use the price limit platform and strictly set the stop loss to reduce the disadvantages of gold investment.