I heard about Bitcoin when I was an early teen, so whatever money I had through pocket money and other sources, I used that to either spend on things I like or to buy collectibles like foreign notes and also bought crypto as well. I never really properly invested in gold, I invested, then got a little profit and sold, that was my whatever investments were. It's not a secret that investment in gold is much more safer than investing in crypto (both in legal as well as financial terms) but the profit and rate of return has a really big difference! 
Topic: Anybody here sell their Gold to buy Bitcoin? - page 3. (Read 1387 times)
I have invested in crypto much before I had invested in gold I heard about Bitcoin when I was an early teen, so whatever money I had through pocket money and other sources, I used that to either spend on things I like or to buy collectibles like foreign notes and also bought crypto as well. I never really properly invested in gold, I invested, then got a little profit and sold, that was my whatever investments were. It's not a secret that investment in gold is much more safer than investing in crypto (both in legal as well as financial terms) but the profit and rate of return has a really big difference!
I heard about Bitcoin when I was an early teen, so whatever money I had through pocket money and other sources, I used that to either spend on things I like or to buy collectibles like foreign notes and also bought crypto as well. I never really properly invested in gold, I invested, then got a little profit and sold, that was my whatever investments were. It's not a secret that investment in gold is much more safer than investing in crypto (both in legal as well as financial terms) but the profit and rate of return has a really big difference! I'm going to hold some of my physical Gold.
Sure, you don't need to sell all your Gold. If you want to buy Bitcoin, just sell a few numbers of your Gold only. We know Bitcoin investment offers higher profits and the holder may take profits faster than Gold. But investing in Bitcoin is riskier, so don't use all funds to Bitcoin. You should continue your Gold investment, while trying new investment in Bitcoin.
I figure it would be an awesome expansion to your resources for have Bitcoin as one of your speculations. This is not the finish of Bitcoin, you can in any case reach higher than ever once you exchange Bitcoin and sat tight for that ATH again in a couple of years. I surmise at that point are not actually into bitcoin stuff or simply don't care for blockchain innovation would likely go for gold since it is a wise speculation too.
Great discussion everyone!
I'm going to hold some of my physical Gold.
I'm going to hold some of my physical Gold.
i don't have gold, because i think gold is not a good investment to make big profits. it takes a long time for gold to give 5x or 10x profit, unlike in crypto which can give you big profits in a fast time. i routinely set aside the salary I get to buy Bitcoin, not gold!
Yeah, you're right. Gold doesn't give you big returns but people are investing in Gold as they consider this as a safe investment knowing that there is no way that its price will dump, unlike Bitcoin. However, people had changed their mindset and see a big opportunity in crypto where investing in Bitcoin or altcoins could fulfill their dreams and ambitions. Yes, It can't deny that many people are becoming rich in Bitcoin and could possible that some investors are selling their Bitcoin for this sake. They might know the risk but a saying said, No Pain No Gain. And risk-takers will become more profitable than those who afraid of it.
Haha its quite risky..
Gold has a really good backup on the other hand btc is Just a virtual thing.
So its better to stay safe untill you are experienced in btc.
Gold has a really good backup on the other hand btc is Just a virtual thing.
So its better to stay safe untill you are experienced in btc.
i don't have gold, because i think gold is not a good investment to make big profits. it takes a long time for gold to give 5x or 10x profit, unlike in crypto which can give you big profits in a fast time. i routinely set aside the salary I get to buy Bitcoin, not gold!
I don't have any Gold acquired but if I have, still never sell for Bitcoin. I definitely have to keep it for future purposes.
In fact, I can acquire Bitcoin Bitcoin without selling any properties so there is no reason why I should do that in the first place. Because in my mind, Bitcoin can go up and down, can't see it 100% assurance but gold have although the price doesn't move and changes so fast like crypto value. However, still a great asset to invest in for a longer time.
right, we should instead invest in both gold and bitcoin. both have different market characteristics. gold tends to be safe to invest in, because everyone has recognized the existence of gold, while bitcoin has good prospects too, even though its main purpose has not been achieved as a transaction tool, bitcoin has a higher level of risk than gold. In fact, I can acquire Bitcoin Bitcoin without selling any properties so there is no reason why I should do that in the first place. Because in my mind, Bitcoin can go up and down, can't see it 100% assurance but gold have although the price doesn't move and changes so fast like crypto value. However, still a great asset to invest in for a longer time.
Wait! Uuuhm….. you have physical golds? Wow that's really the coolest thing I'm hearing today. I have owned gold before, but not physically, I just invest in them by making use of bullionvault.com, but I sold all my gold investments and invested the money in Bitcoin and I believe that's the best decision I ever made.
Though I wouldn't advise anyone to do the same thing (by selling all their assets to invest in gold), because of how risky it can be, it's just up to you. But, if I had physical gold and I have the license to hold it in my country, then I don't think I am going to sell them, I think it would be worth keeping for sure. You can just raise up money from different source, maybe from business or savings and then invest it in Bitcoin.
But, this is still a decision that only you can make for yourself, if you are tired of the gold's, and feel like you should move to digital holding, then there is nothing bad about selling them and investing all in Bitcoin, but don't forget about the risks. Although I do believe that overtime the value of Bitcoin will keep on growing , like after the next halving and there is a bull run, just like what happened last.
Though I wouldn't advise anyone to do the same thing (by selling all their assets to invest in gold), because of how risky it can be, it's just up to you. But, if I had physical gold and I have the license to hold it in my country, then I don't think I am going to sell them, I think it would be worth keeping for sure. You can just raise up money from different source, maybe from business or savings and then invest it in Bitcoin.
But, this is still a decision that only you can make for yourself, if you are tired of the gold's, and feel like you should move to digital holding, then there is nothing bad about selling them and investing all in Bitcoin, but don't forget about the risks. Although I do believe that overtime the value of Bitcoin will keep on growing , like after the next halving and there is a bull run, just like what happened last.
I don't have any Gold acquired but if I have, still never sell for Bitcoin. I definitely have to keep it for future purposes.
In fact, I can acquire Bitcoin Bitcoin without selling any properties so there is no reason why I should do that in the first place. Because in my mind, Bitcoin can go up and down, can't see it 100% assurance but gold have although the price doesn't move and changes so fast like crypto value. However, still a great asset to invest in for a longer time.
In fact, I can acquire Bitcoin Bitcoin without selling any properties so there is no reason why I should do that in the first place. Because in my mind, Bitcoin can go up and down, can't see it 100% assurance but gold have although the price doesn't move and changes so fast like crypto value. However, still a great asset to invest in for a longer time.
I am that kind of person. There is a project called Digital Gold. It is a stablecoin pegged to gold. Each coin is equal to a certain amount of gold. If you search, you will find a bounty company and a branch of announcements of this project for bitcoin.
In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
If I remember correctly that is 200th such project which is faking gold as reserve and you may use google or this forum's search functionality to find all of them. Nothing new and people like you are new to adopt such shit projects and then regret later for disappointments.In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
Basically no devs will be rich to have that much of gold to begin a project with. So, they are simply faking something to make you people trapped.
I'm talking about the GOLD STABLE COIN project, which has been holding bounties on the forum for over a year and regularly pays awards to its participants.
However, recently they had problems, a hacker hacked a smart contract or something like that, but the project promised to restore everything and return the funds. Gold is in a secure vault.
Hello Gang,
Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
If I have a lot of gold then i will convert some few gold to bitcoin, holding both gold and bitcoin is more amazing and i think profitable than holing 1 of them, if gold drop and bitcoin will rise you can still earn, and if bitcoin drops and the gold rise then you can also still earn, there is a big advantage if you hold both bitcoin and gold. So i suggest to hold both for to have more advantages and earnings.Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
I personally tend to hold both gold and bitcoin. but honestly, the capital that I use to invest in bitcoin is smaller than the capital for investing in gold, which is about 30% of the total capital I have. I know in crypto even though it gives a big return, it also has a big risk
It is a previlege for having both Gold and Bitcoin at the same time especially today where having or owning a gold was very rare and due to limited supply and high demand of it everyone was dreaming to have gold, well at the same time bitcoin was now serve as a gold or new era where having a bitcoin was also a previlege and a rare opportunity because it does require a person to be able to hodl or to have it the potential to afford on its high price and the ability to sustain it while hodling and the ability to make or generate a profit from it due to become volatile of the market.
Hello Gang,
Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
If I have a lot of gold then i will convert some few gold to bitcoin, holding both gold and bitcoin is more amazing and i think profitable than holing 1 of them, if gold drop and bitcoin will rise you can still earn, and if bitcoin drops and the gold rise then you can also still earn, there is a big advantage if you hold both bitcoin and gold. So i suggest to hold both for to have more advantages and earnings.Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
Hello Gang,
Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
If I have a lot of gold then i will convert some few gold to bitcoin, holding both gold and bitcoin is more amazing and i think profitable than holing 1 of them, if gold drop and bitcoin will rise you can still earn, and if bitcoin drops and the gold rise then you can also still earn, there is a big advantage if you hold both bitcoin and gold. So i suggest to hold both for to have more advantages and earnings. Long time investor/holder of Gold coins, new investor of Bitcoin.
I've been thinking about selling some Gold to buy Bitcoin.
I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So..
Anyone else here convert their Gold to Bitcoin?
Kinda having a hard time parting ways with my coins.
There's something to be said about touching Gold coins.
They're heavier than you think..
They have a nice ringing tone to them when tapped.
Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case
of economic collapse and security.. also to make a profit.
Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
Selling gold to buy bitcoin is not a good idea. Gold is expensive and its price is increasing, so we must keep it. As for Bitcoin, we can buy it with a portion of the money that we would like to lose, The best is to keep the gold and bitcoin for the long term.
If you entry is good then you will end up loosing anything in any market. Bitcoin is a high risk investment if you are investing right now when the price is above $60k and so is the case with gold as it is also riding a rally, in short any asset you invest when the market is pumping has its own risk and gold has some fundamentals basically they are trading for centuries while bitcoin is just a decade old and hence the volatility is high.I would have sold anything to enter bitcoin at the right moment but not anytime soon.
Yes, Bitcoin just exists for more than a decade but it has already proven to be a good investment. In fact, some millionaires are jumping into crypto for that reason. Maybe we could say that selling our Gold for Bitcoin is not a good idea but if we think about "OPPORTUNITY" many people had to that.
I am that kind of person. There is a project called Digital Gold. It is a stablecoin pegged to gold. Each coin is equal to a certain amount of gold. If you search, you will find a bounty company and a branch of announcements of this project for bitcoin.
In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
If I remember correctly that is 200th such project which is faking gold as reserve and you may use google or this forum's search functionality to find all of them. Nothing new and people like you are new to adopt such shit projects and then regret later for disappointments.In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
Basically no devs will be rich to have that much of gold to begin a project with. So, they are simply faking something to make you people trapped.
I am that kind of person. There is a project called Digital Gold. It is a stablecoin pegged to gold. Each coin is equal to a certain amount of gold. If you search, you will find a bounty company and a branch of announcements of this project for bitcoin.
In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
If I remember correctly that is 200th such project which is faking gold as reserve and you may use google or this forum's search functionality to find all of them. Nothing new and people like you are new to adopt such shit projects and then regret later for disappointments.In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
Basically no devs will be rich to have that much of gold to begin a project with. So, they are simply faking something to make you people trapped.
I am that kind of person. There is a project called Digital Gold. It is a stablecoin pegged to gold. Each coin is equal to a certain amount of gold. If you search, you will find a bounty company and a branch of announcements of this project for bitcoin.
In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
In fact, the owners of the coin are the owners of the gold, and I am, that is, I was one of such owners, but I sold all my gold and bought Bitcoin with it. Thanks for attention.
Selling gold to buy bitcoin is not a good idea. Gold is expensive and its price is increasing, so we must keep it. As for Bitcoin, we can buy it with a portion of the money that we would like to lose, The best is to keep the gold and bitcoin for the long term.
If you entry is good then you will end up loosing anything in any market. Bitcoin is a high risk investment if you are investing right now when the price is above $60k and so is the case with gold as it is also riding a rally, in short any asset you invest when the market is pumping has its own risk and gold has some fundamentals basically they are trading for centuries while bitcoin is just a decade old and hence the volatility is high.I would have sold anything to enter bitcoin at the right moment but not anytime soon.
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