We know gold is very precious metal, but Bitcoin is much more expensive than gold. Bitcoin will cross $100k after halving in 2024 ie if I invest $3000 in Bitcoin now then there is a chance of getting 10x after 2024. If I get $30000 from investing $3000, nothing can be as valuable as Bitcoin. I explained this formula to my wife at night and she was not willing to give me her jewelery at first but today she told me by herself that you can sell my jewelery and invest in Bitcoin. At present I am forced to sell my wife's jewelery as I have no fiat money.
I seek advice from expert investors/holders/users of this forum,,,,
whether selling my wife's jewelery and investing on bitcoins makes sense?
Is it reasonable to invest in gold rather than bitcoin?
It is her jewelry and she might consider it as something more valuable than money because of the memories that she had on those jewelry.
There are times that money couldn't overvalue those things so you should also consider it.
For me if it is about the money then it could be worth it, but if it would somehow wreck your relationship then it is not worth the risk.
Maybe his wife agree on this, you just don't sell someone's jewelry if you have no permission. Let ask first before you sell because if you just sell it and your wife didn't know that you sell her jewelry and that jewelry is important to her, that will be worse and there's a chance that she will file a divorce and her life will be worse also. Investing bitcoin is very risky, don't rush your life just to make rich and you have no clue that bitcoin will drop. Try to think and understand what you're doing and don't rush yourself(for others who seen this post, this is for you also)