Bitcoin is the best coin in the cryptocurrency world and has the highest demand and market value.Bitcoin is essentially a digital currency that exists only online.This Bitcoin was created by Satoshi Nakamoto. Satoshi Nakamat wanted to introduce a computerized transaction system and chose Bitcoin as his index.There is no third party involved behind these bitcoin transactions as the account will only be on the computer. But Bitcoin is more volatile than gold as an investment medium.Gold on the other hand is an ornament used by people since ancient times.Earlier people used to buy this gold and hold it for a long time but now people are investing more in bitcoins.Because the price of Bitcoin was at one time much higher than the price of gold.The price of gold does not rise as much as the price of Bitcoin.
So I think investing on Bitcoin is the best venture and rational.
Topic: Invest in Bitcoin by selling wife's jewelry (Read 1711 times)
As long as you understand that the property you will be selling own by your wife is that she's okay with it. And always double think that sometimes your wife might always agree with you because it talks about money. But sometimes those valuable have sentimental value that couldn't be bought by money such as the memories like given by your grandmother. But if you guys doesn't really have any other alternatives option to earn money to invest in Bitcoin then go for it. But in my case, I would never touch my wife's jewelry it's like their own thing like the guy loving their own cars. I would find a stable job and plus other side jobs to have extra money to invest. We know that the earlier the better since Bitcoin's value is affordable before it reach Bull market. But I would take my time to have the funds to enter the market without selling my wife's properties.
It's just incredibly stupid to sell your wife's jewelry to buy Bitcoin. In some ways, this reminds me of the actions of drug addicts or gamers who need to get money at any cost. If nothing will work out with this money, then how can you explain all this later?No, for me this option is completely excluded. I agree with you that the best option would be to find an additional job or part-time job for a while.
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It's been five months since you created this thread. I don't remember if I have ever posted in this thread. But I am curious if you have sold your wife's jewelry to invest in Bitcoin. If you already did, what is your current position? But, if you did not, I will suggest you not do it. You should earn and then invest in Bitcoin that you can afford to lose instead.
There is no guarantee that Bitcoin will do 10x or 5x. I understand it's tempting not to invest while you already know that Bitcoin will pump in the long run. But you never see the future. You never know how long it might take.
There is no guarantee that Bitcoin will do 10x or 5x. I understand it's tempting not to invest while you already know that Bitcoin will pump in the long run. But you never see the future. You never know how long it might take.
To be honest, it is difficult to decide what the investment goal will be without having basic concepts and basic knowledge about Bitcoin. But if you aimlessly invest like throwing stones in the dark, it will not be possible to get the benefits you want from the investment. Gold is called 'safe haven'. Investing in gold is always safe. Although gold prices are closely related to the global economy. The time of uncertainty is actually the golden age of gold. The higher the inflation, the higher the value of gold. Historically, the price of gold rises the most during periods of high inflation. In that respect, gold does not to Bitcoin. Invest is essentially a high risk platform, in which case you may profit or vice versa. The source of your investment capital must be such that you have spare cash on hand. Therefore, you must set a time-appropriate goal judiciously to reap the benefits of your investment.
Indeed basic knowledge is needed for anyone who wants to start investing in any case. Included in bitcoin which actually requires more research and analysis. The purpose of the research is to build our fundamentals and confidence in investing in the field. Because when we are sure of the potential of an asset, we will not hesitate to invest in it and will be able to hold it in the long term. But when we are not ready with basic knowledge that makes our beliefs easily shaken by market conditions. And this is not good for the investor. Because if he invests without basic knowledge regarding the chosen asset then he will be easily influenced by Fud and the like and will make him unable to hold back. It can even make someone let go at a loss. And that is something to be avoided. Only enter something when we are sure of its potential, no matter what fud will appear in the future. 
Since you have invested in Bitcoin it can be a good move for you. But if you are investing now then you must be aware of the various risks that will give you future returns. If you are looking at the current price of gold, it must have increased significantly compared to the price of bitcoin, in which case you may have lost a lot of money by investing in bitcoin. Gold is a real asset that can rise in value at any time, but once the price of Bitcoin goes down, it takes a long time to go up. When inflation starts in a country, the value of gold increases rapidly, but the value of Bitcoin does not increase as much. Bitcoin has a certain period of appreciation which happens every few years until there is a bull market and you may not get any profit from your investment. So I think your investment may not be profitable for now but it may be profitable for future. But you should have kept the gold and saved some of your earnings and invested it in bitcoins.
I think it's morally and ethically wrong to sell your wife's jewelry without her own consent even if you can earn quite huge profits by selling her jewelry. Investing in Bitcoin is a great thing but only for the ones who have spare money because selling your assets for purchasing of Bitcoin isn't recommended at all, and anyone who does that can face huge problems due to the volatility of the market, and also because of someone less understanding of the technical aspects of it.
I understand that the wife was not opposed to selling her jewelry, but this does not change the fact that it looks more like some kind of adventure. As sure as the OP is not into bitcoin, there is still the possibility of a protracted bear market, but what if it lasts too long and the next bull market comes in 15 years or more? You need to proceed from the funds that you have to buy bitcoin.As long as you understand that the property you will be selling own by your wife is that she's okay with it. And always double think that sometimes your wife might always agree with you because it talks about money. But sometimes those valuable have sentimental value that couldn't be bought by money such as the memories like given by your grandmother. But if you guys doesn't really have any other alternatives option to earn money to invest in Bitcoin then go for it. But in my case, I would never touch my wife's jewelry it's like their own thing like the guy loving their own cars. I would find a stable job and plus other side jobs to have extra money to invest. We know that the earlier the better since Bitcoin's value is affordable before it reach Bull market. But I would take my time to have the funds to enter the market without selling my wife's properties.
To be honest, it is difficult to decide what the investment goal will be without having basic concepts and basic knowledge about Bitcoin. But if you aimlessly invest like throwing stones in the dark, it will not be possible to get the benefits you want from the investment. Gold is called 'safe haven'. Investing in gold is always safe. Although gold prices are closely related to the global economy. The time of uncertainty is actually the golden age of gold. The higher the inflation, the higher the value of gold. Historically, the price of gold rises the most during periods of high inflation. In that respect, gold does not to Bitcoin. Invest is essentially a high risk platform, in which case you may profit or vice versa. The source of your investment capital must be such that you have spare cash on hand. Therefore, you must set a time-appropriate goal judiciously to reap the benefits of your investment.
I think it's morally and ethically wrong to sell your wife's jewelry without her own consent even if you can earn quite huge profits by selling her jewelry. Investing in Bitcoin is a great thing but only for the ones who have spare money because selling your assets for purchasing of Bitcoin isn't recommended at all, and anyone who does that can face huge problems due to the volatility of the market, and also because of someone less understanding of the technical aspects of it.
I understand that the wife was not opposed to selling her jewelry, but this does not change the fact that it looks more like some kind of adventure. As sure as the OP is not into bitcoin, there is still the possibility of a protracted bear market, but what if it lasts too long and the next bull market comes in 15 years or more? You need to proceed from the funds that you have to buy bitcoin. 
I would not recommend selling the wife's jewelry unless she wants to, although having that money and then putting it in bitcoin is not a bad idea, because it would multiply the money that can later buy those jewelry again, but making that move with her consent, and well I don't see it badly, I also agree when someone borrows money to be able to invest in bitcoin, this when they can pay the loan, because it is not known when the bticoin will increase, or bvaje de price or something like that, but I wouldn't last it is to sell jewelry and buy bitcoin, I would.
My opinion is same like you.Because you should earn some money then save that money in cryptocurrency.He should analysis the market well and find the gem of current market.Then he should earn some profit from it.He should reinvest the same money to earn additional profit from it.Like wise he need to repeat till he gain 3000$ as profits.Then he can easy invest to avoid of using his wife jewels.Because every month their will be interest for the jewels,when you take huge time for the profit from investment.All your profit you need to give to the interest of jewels.Avoid of jewels and use your income to do business.
I think it's morally and ethically wrong to sell your wife's jewelry without her own consent even if you can earn quite huge profits by selling her jewelry. Investing in Bitcoin is a great thing but only for the ones who have spare money because selling your assets for purchasing of Bitcoin isn't recommended at all, and anyone who does that can face huge problems due to the volatility of the market, and also because of someone less understanding of the technical aspects of it.
I respect your emotions but i thik it is so tuff 10x profit within 2024. You sold your wife's ornaments and invest on bitcoin i think you will be profited today or tomorrow. But i am not agree with invest on crypto fron loans or Assets return money. I wish you will get big profit from yours wife's jewelry selling investment. I think within short time bull session will start and your investment will hit your thinking and you will get your required profit. Many many good wishes for you.
You said that you support that Op should sell his wife's jewelry to buy bitcoin, that what you do not support is taking a loan to invest in bitcoin or selling one's assets to invest in bitcoin. If I should ask, is a golden jewelry not an asset?In my opinion, OP shouldn't sell a property that is not his. Besides gold is a good investment. He should leave wife's jewelry because those jewelries make women happy, unlike bitcoin she cannot see or wear to occasions.
I respect your emotions but i thik it is so tuff 10x profit within 2024. You sold your wife's ornaments and invest on bitcoin i think you will be profited today or tomorrow. But i am not agree with invest on crypto fron loans or Assets return money. I wish you will get big profit from yours wife's jewelry selling investment. I think within short time bull session will start and your investment will hit your thinking and you will get your required profit. Many many good wishes for you.
That is if you are truly invested for the long term. Good job done, but if you don't observe the proper use and precautions of Bitcoin, you have to face a lot of losses. However, no one notices these things while investing. However, it is better not to invest too much in the wrong place when using Bitcoin(Ex. do not buy or trade 'shitcoin' pair with on your bitcoin).
I hope your investment will definitely give you profit .Because Bitcoin is much more expensive than gold.It feel really good to see your focusing on your longterm holding and making investment in Bitcoin until the Halving.The price of gold increase very slowly.Investing in Bitcoin can make you a pretty good profit and there is no mixing in it. It is a secure investment as compared gold .
But it cannot analysis be done yet Bitcoin will go to 100k until halving .If look the price of Bitcoin So now is the breakdown .
But it cannot analysis be done yet Bitcoin will go to 100k until halving .If look the price of Bitcoin So now is the breakdown .
Selling the missus' jewelry for Bitcoin? Wow, that's a bold move! But you know, when it comes to investments, it's crucial to be on the same wavelength as your partner, right? So, I'd definitely have a serious heart-to-heart before making any moves. Communication is key, man!
from what the OP wrote, it seems that the communication between the OP and his partner is very good because there is no objection to the decision to sell gold to buy bitcoin, even though selling valuables such as gold to invest in bitcoin is quite risky but without taking risky actions one will not get surprising results and according to many people's predictions, the price of bitcoin will continue to rise and there is no waste in that decision. if the OP had really done that, then at this time the bitcoin investment he was doing was selling his wife's gold not a loss but a profit.
Do you need to make sure that your wife agrees with you completely before investing? Do you understand the risks of investing in Bitcoin? Whether he can take this risk with you? Make sure beforehand that if the money is unfortunately lost after investing in Bitcoin or if you fail to withdraw the money, the full blame will be placed on you or only you will be held responsible for the loss of money. Before selling your wife's jewelry and investing that money, make your wife understand Bitcoin well. Talk about Bitcoin price hike then invest if your wife agrees with you and readily agrees.
I would not recommend selling the wife's jewelry unless she wants to, although having that money and then putting it in bitcoin is not a bad idea, because it would multiply the money that can later buy those jewelry again, but making that move with her consent, and well I don't see it badly, I also agree when someone borrows money to be able to invest in bitcoin, this when they can pay the loan, because it is not known when the bticoin will increase, or bvaje de price or something like that, but I wouldn't last it is to sell jewelry and buy bitcoin, I would.
My opinion is same like you.Because you should earn some money then save that money in cryptocurrency.He should analysis the market well and find the gem of current market.Then he should earn some profit from it.He should reinvest the same money to earn additional profit from it.Like wise he need to repeat till he gain 3000$ as profits.Then he can easy invest to avoid of using his wife jewels.Because every month their will be interest for the jewels,when you take huge time for the profit from investment.All your profit you need to give to the interest of jewels.Avoid of jewels and use your income to do business.
We must be fully aware of the risks involved in investing in bitcoin. As a high-risk asset, we must also be wiser in investing in it. and investing in bitcoin is of course also more suitable for the long term. and when talking about the long term, we must be prepared for anything that can happen to bitcoin, which has high volatility and fluctuations. I personally prefer cold money. so mentally it won't bother us in the long run.
Some people have a way of investing in bitcoin, some sell gold jewelry, sell vehicle goods, sell property or bank loans for the sake of just wanting to invest in bitcoin for multiple profits, while in that way some say it's wrong and shouldn't be done because basically selling important assets for bitcoin will have a big risk even though we believe how cyclical bitcoin growth is of course it's all long term.How about him do you have an emergency fund? If there is an urgent need later, of course this needs to be considered because it is better to invest in bitcoin with cold money what do you say.
To be honest, I will not force it just for the sake of bitcoin, while I get more from work or what is called bonus money, I will put it in bitcoin and this is my own way to start investing while the assets I have will of course be maintained as diversification.
We must be fully aware of the risks involved in investing in bitcoin. As a high-risk asset, we must also be wiser in investing in it. and investing in bitcoin is of course also more suitable for the long term. and when talking about the long term, we must be prepared for anything that can happen to bitcoin, which has high volatility and fluctuations. I personally prefer cold money. so mentally it won't bother us in the long run.
Some people have a way of investing in bitcoin, some sell gold jewelry, sell vehicle goods, sell property or bank loans for the sake of just wanting to invest in bitcoin for multiple profits, while in that way some say it's wrong and shouldn't be done because basically selling important assets for bitcoin will have a big risk even though we believe how cyclical bitcoin growth is of course it's all long term.How about him do you have an emergency fund? If there is an urgent need later, of course this needs to be considered because it is better to invest in bitcoin with cold money what do you say.
To be honest, I will not force it just for the sake of bitcoin, while I get more from work or what is called bonus money, I will put it in bitcoin and this is my own way to start investing while the assets I have will of course be maintained as diversification.
I have been following this topic for a while now and since it is some time ago now that this discussion was kicked off, I wonder if OP has decided to sell his wife's jewelry yet? Interestingly enough, he would have already made 30% gains if he sold when he launched the topic.
Now saying that it goes 10x util 2024 is very optimistic. That would need an influx of almost $6 trillion from where we are now. We have seen unbelievable bull runs in the past, but the higher we go, the harder it gets from any new base level to go several X up.
Now saying that it goes 10x util 2024 is very optimistic. That would need an influx of almost $6 trillion from where we are now. We have seen unbelievable bull runs in the past, but the higher we go, the harder it gets from any new base level to go several X up.
Bitcoin is a potential coin and we know bitcoin has a bright future but no one can guaranteed that when bitcoin will high pump like 4x to 5x and when you will sell your any valuable assets and invest in bitcoin then you must have the imperfection of that thing and the incompleteness of that thing can cause you many problems at times. So don't invest in Bitcoin by selling anything that might get you into trouble
Yes I think that's right there are some people who think of investing in Bitcoin most of the time they either take a loan from the bank or sell their wife or family member's jewelry. We can see these from different topics. I think it would be best to invest if we have money without thinking about these things. If we invest in Bitcoin, we have very little chance of losing. I thought I would invest some of my money. At Bitcoin.Jump to: