Just got some information/news that people are selling $100,000 in Bitcoins to buy gold. The money they are getting by selling Bitcoins is used to buy Gold
Gold is the safest investment. See the link
Bitcoin fall to $8,500 is to buy Gold
January 17, 2018, 04:12:40 PM
passed a few days after his post, current price of bitcoin:
1 BTC = $11 231.54 (
-2.08% )
As you can see the price increased and did not fall below $9000.
Institutional Investors Will Bet Big on Cryptocurrencies in 2018bitcoin can greatly increase your current price still this year, stay discuss about who is better, bitcoin or gold, it's not healthy. The two have their advantages and disadvantages, so let's use both!
Bitcoin price went below $9000 this is true, but immediately it recovered I saw at that price is coinmarketcap.
Actually selling bitcoin and buying gold is a good idea. We no need to worry about our loss. Because the gold price will not fall like bitcoin. But suppose the bitcoin price go high then we need to worry about BTC profit.