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?
It so happened that I do not have gold, but if I had it, then I would not exchange it for Bitcoin. The reason is that one of the laws of investment says don't keep all your funds in one basket. And rightly so, if you are an investor or want to start investing, then you need to choose several assets. As for gold, I would not underestimate this asset. Yes, now BTC is showing the best result, but what if everything changes and not for the better? And this is if it says that you need to have additional assets in order to avoid large losses.