~snip
For now maybe good time to buy gold because price still decreased, but if must sell Gold for bitcoin, i wouldn't do that because in investment i will split it like in property, gold, crypto and maybe fiat. With that, if 1 get bad, i will still have back up from other investment. Although one of my investment maybe will be more profitable than others, but there are risk behind that too. 
Topic: Anybody here sell their Gold to buy Bitcoin? - page 6. (Read 1368 times)
My family still have traditional mind about holding gold than I give many time how increase much profit hold bitcoin or altcoin than saving gold, only have change price few percent for gold but bitcoin more than 100% price up. I have to proof how bitcoin is better than gold and gold weakness from price keep stable and many time price gold down when faced problem with USDT value.
That is not a surprise to see many people still prefer to buy gold and hold it for a long time because they think that gold is a safe haven and that will help them if they a financial problem. But if they know that bitcoin can also have the same benefits as gold, they will try to buy bitcoin and hold it for a long time. I am sure they can do that easily because they have the experience to hold gold for that such a long time. We can suggest them to invest in bitcoin, but we can not force them to buy bitcoin because buying bitcoin or not is a choice for us. 
Gold as an asset firmly welcome all over the world. Bitcoin positive hype will make us profitable, opposite things could make disaster while gold means to slowly but surely has durability in the long term. Anyway, having both of asset is good choice. That's what I do if I've option. I keep reinvesting my gains in this things equally.
Gold only investment for people want less risk although little profit every time, but for bitcoin need higher risk and mentality for investor brave or not to buy and hold bitcoin, but I am second choose with higher risk and higher return later to make me get much profit. Gold only give more higher 55 profit if holding more than one year, but bitcoin can give more than 100% profit just get higher risk when bitcoin down. 
If I were at your place, I would definitely sell some of the Gold to buy some bitcoins if I had none.
It is always good to diversify your investments and bitcoin is considered as Digital Gold so while you have the physical form it you must have the digital one too
You should consider moving at least 30% of your investment in Gold to bitcoins. Also, I would recommend to split the money into top cryptocurrencies and not just bitcoin.
Potential coins like Bitcoin, Ethereum, Polkadot, Cardano, Monero etc.. are some good coins to invest in.
Always remember to do your own research before buying/selling any assets.
It is always good to diversify your investments and bitcoin is considered as Digital Gold so while you have the physical form it you must have the digital one too
You should consider moving at least 30% of your investment in Gold to bitcoins. Also, I would recommend to split the money into top cryptocurrencies and not just bitcoin.
Potential coins like Bitcoin, Ethereum, Polkadot, Cardano, Monero etc.. are some good coins to invest in.
Always remember to do your own research before buying/selling any assets.
...
each person must have their own answer to this question...So far I haven't sold my gold to buy Bitcoin, it's not that I don't want to, it's just that it was a gift from my husband and necklaces and rings from my mom. I can still get Bitcoin in other ways than selling my gold.
I don't have gold but if ever I have it, I won't sell it just to buy bitcoin. Yes I consider that bitcoin is much better than gold and I would prefer holding it for the long term but not to the point of sacrificing gold, Gold is still good and it can be a good asset to hold, it can also increase its value in the future and is also a good thing as a gift for your future children. Bitcoin is what many people are looking for, we can see a lot of tweet about bitcoin and gold and we can see how many people who is in favor of gold but still it cannot be destroyed because it is a governments property which is also good for investing.
Gold is really well known and it can benefit your family once you have died instantly unlike on bitcoin, if ever you don't even give some clue about your private key to one of your family then everything you have will be wasted because no one can use it once you die
- Gold in physical form is really enough to create a sense of security for investors, at least our legacy will be stored for the next generation and remember, gold will give a very large rate of return over time that we hold, the value may be a lot inferior to bitcoin but with its stable and sustainable properties, it will maintain a equilibrium advantage with bitcoin. Do not try to sacrifice too much in bitcoin, investing here also has a lot of failures, always leaving an opportunity in gold to have a chance to revive when caught in a failure. Gold is really well known and it can benefit your family once you have died instantly unlike on bitcoin, if ever you don't even give some clue about your private key to one of your family then everything you have will be wasted because no one can use it once you die
Both are goods assets to invest and it is better if you also have gold not only bitcoin, both are good for different purposes, bitcoin is good and we cannot deny that things as it already builds big respect from many people including celebrities and company owners and gold also do that thing in some circumstances.
I also like collecting gold (jewelries) and I can say that it's a reliable investment and easy to exchange for cash in times you're in need.
That's true and we can also do that in bitcoin, gold is good for a long-term investment as well because just like others it also increases its value time by time and would be good as a collection of yours. Both are goods so we don't need to sell gold just to buy bitcoin as we can hodl both at the same time. 
I also like collecting gold (jewelries) and I can say that its a reliable investment and easy to exchange for cash in times you're in need.
However the increase of the value is not quite unlike bitcoin, if I compare the profit I got from gold for the past years of holding it.
Thus its more profitable to hold bitcoin, and selling gold just to buy btc is not bad. But one should be prepared for the outcome because its not often go as planned. Unexpected scenario can happen and patience is really a must.
However the increase of the value is not quite unlike bitcoin, if I compare the profit I got from gold for the past years of holding it.
Thus its more profitable to hold bitcoin, and selling gold just to buy btc is not bad. But one should be prepared for the outcome because its not often go as planned. Unexpected scenario can happen and patience is really a must.
My family still have traditional mind about holding gold than I give many time how increase much profit hold bitcoin or altcoin than saving gold, only have change price few percent for gold but bitcoin more than 100% price up. I have to proof how bitcoin is better than gold and gold weakness from price keep stable and many time price gold down when faced problem with USDT value.
By comparison, it looks like gold is more durable, Bitcoin is the current trend. However, gold cannot be destroyed and also has scarcity. However, bitcoin currently outperforms the price of gold. The price of bitcoin is fantastic equivalent or more than 1kg/btc.
Durable in what terms? Bitcoin is intangible asset, how can you measure it's durability?
I'm sorry but Gold can be destroyed If you have to do it purposely exposing it to a nuclear reactor. On the other hand, nobody knows how to destroy Bitcoin in general. Governments have tried but turns out to be adopting on the latter.
If you take a look at the Bitcoin price timeline, you could easily tell how Bitcoin has become a more profitable asset than Gold from the last 11 years.
Gold (2009) : $895.25
Gold (2021) : $1,755.95
Bitcoin (2009) : $0.0001
Bitcoin (2021) : $58,000+
Now, my advice to OP is that If your Gold has some valuable sentiments to you because you have mentioned it's hard to let go of your hobby of collecting Gold coins. Then, better keep them and find another option to buy Bitcoin without selling your Gold coins. In fairness to Gold, they'll never loses value, It keeps gradually increasing instead.
I don't have gold but if ever I have it, I won't sell it just to buy bitcoin. Yes I consider that bitcoin is much better than gold and I would prefer holding it for the long term but not to the point of sacrificing gold, Gold is still good and it can be a good asset to hold, it can also increase its value in the future and is also a good thing as a gift for your future children. Bitcoin is what many people are looking for, we can see a lot of tweet about bitcoin and gold and we can see how many people who is in favor of gold but still it cannot be destroyed because it is a governments property which is also good for investing.
Gold is really well known and it can benefit your family once you have died instantly unlike on bitcoin, if ever you don't even give some clue about your private key to one of your family then everything you have will be wasted because no one can use it once you die
Gold is really well known and it can benefit your family once you have died instantly unlike on bitcoin, if ever you don't even give some clue about your private key to one of your family then everything you have will be wasted because no one can use it once you die
NO, maybe that was an option but until such time I can still manage to fund my Bitcoin investment selling some of my stuff, I wouldn't do that. I'd rather have to keep it if ever I have to sell it but for another reason.
By comparison, it looks like gold is more durable, Bitcoin is the current trend. However, gold cannot be destroyed and also has scarcity. However, bitcoin currently outperforms the price of gold. The price of bitcoin is fantastic equivalent or more than 1kg/btc.
Gold symbolizes something and that is why many were trying to have it and keep it. Comparing it to Bitcoin isn't unusual but never makes sense why? They are of different market features, it doesn't matter how much their price because they are totally different.
By comparison, it looks like gold is more durable, Bitcoin is the current trend. However, gold cannot be destroyed and also has scarcity. However, bitcoin currently outperforms the price of gold. The price of bitcoin is fantastic equivalent or more than 1kg/btc.
If my wife will make a comment here then she will prefer the other way.
Sell your Bitcoin for Gold.
Shiny little things that make the eyes glow whenever they glance at it. I am not a fan of it though.
Never had bling in my life, not even a damn good-looking watch.
So yeah, if it's me who will decide I'll sell all that gold for bitcoin without a bit of remorse. But my wife will stop me. No doubt.
Sell your Bitcoin for Gold.
Shiny little things that make the eyes glow whenever they glance at it. I am not a fan of it though.
Never had bling in my life, not even a damn good-looking watch.
So yeah, if it's me who will decide I'll sell all that gold for bitcoin without a bit of remorse. But my wife will stop me. No doubt.
And most of the time wife wins
, kidding! but same as you in terms of investment I rather to choose bitcoin thangold, knowing the big potential of Bitcoin.
The chance that it will surpassed the last time high and can push to more folds in a much shorter period of time. need
to be more practical if you have good overview of the possibilities to come.
It's awesome. Although I don't have gold now. So there is no question of thinking about converting. I'm here to glimpse who is transforming and how much. I desire I also have Gold in the future and I will convert similarly. However, even if you do not convert, there does not appear to be much loss. Because gold is just as valuable and profitable as bitcoin.
The price of gold is more stable than the price of bitcoin. Therefore, those who do not want to risk their capital invest in gold. But even in this case, I would release some of my capital from the sale of gold in order to invest in bitcoin. And the rest of the gold would serve as insurance against capital loss in the event of a failed investment in cryptocurrency.
you have to think that bitcoins is an investment that has the disadvantage that in case of your death your family has a great chance of not benefiting from it
That must be a basic responsibility of every bitcoiners like they must educate other family members about bitcoins which includes how and where to transact and how to protect bitcoin securely. At the same time, I'm not ready to agree this alone could be the valid reason that we need to go beyond bitcoin investments for diversification purposes. Still, diversification is good but personally I will be preferring to have bitcoins more than 90% in my portfolio.If my wife will make a comment here then she will prefer the other way.
Sell your Bitcoin for Gold.
This was how my family members reacted when bitcoin peaked in 2017. I argued with them and tried to convince by explaining the real potential of bitcoin but they were not ready to accept me until they were seeing the another round of bitcoin bull run in late 2020. Sell your Bitcoin for Gold.
you have to think that bitcoins is an investment that has the disadvantage that in case of your death your family has a great chance of not benefiting from it, and if you give your private keys or password to people in your house you can risk losing all bitcoins
so I think you should diversify by investing a part in bitcoin, another part in offline businesses and another part in gold
so I think you should diversify by investing a part in bitcoin, another part in offline businesses and another part in gold
If my wife will make a comment here then she will prefer the other way.
Sell your Bitcoin for Gold.
Shiny little things that make the eyes glow whenever they glance at it. I am not a fan of it though.
Never had bling in my life, not even a damn good-looking watch.
So yeah, if it's me who will decide I'll sell all that gold for bitcoin without a bit of remorse. But my wife will stop me. No doubt.
Sell your Bitcoin for Gold.
Shiny little things that make the eyes glow whenever they glance at it. I am not a fan of it though.
Never had bling in my life, not even a damn good-looking watch.
So yeah, if it's me who will decide I'll sell all that gold for bitcoin without a bit of remorse. But my wife will stop me. No doubt.
crypto users who became rich, and then bought some gold to diversify their wealth. Like I said, I don't know anyone who sold gold for crypto.
Same here; I am one of such people who sold crypto for the reason of buying gold because as per our culture we value gold more which lead me to buy gold time to time not just for the reason of investments but to have as a social symbol/status. Our family members are happy when they are buying and wearing gold rather than what they are usually watching BTC prices in their wallet. I mean they are not bothering about the growing rate of bitcoin but they just look at the happiness when they are wearing gold.I'm not ready to agree that crypto people need to invest into gold for the reason of the diversification. Because when you're holding bitcoin definitely we do not need any diversification as any other asset is producing good ROI compared to what bitcoin is doing as per last 10 years. Probably after some decades, crypto people might need to think about diversification.
There you go. I mean, I personally think it's good to diversify and if I did have a lot more crypto, I would definitely be putting some of it into gold or something else like government pensions. Not most of it but some of it. Crypto is great and I believe it has a future, especially Bitcoin (or only BTC) but maybe in my short decades on earth I should play it safe.
Why do I need to sell my gold to buy bitcoin? That is not a good suggestion to people as gold is like a safe haven for many people out there. Besides that, they do not even know much about bitcoin, so they will still hold their gold and not selling. But people who know about bitcoin can use the other free money to buy bitcoin, so they do not have to sell their gold, but they will have new investment in bitcoin.
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