Quote from: chotu1 on Today at 07:15:40 PM

Quote from: LDL on March 01, 2023, 10:16:24 AM

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?

You make me remember the story of CZ. Guy sold his apartment @ China and bought BTC @ $600. Then BTC dropped to $200. In 2021, BTC touched $60000 and now trading around $30000. He is still around and recently bought a mansion @ Dubai.

https://twitter.com/cz_binance/status/1064901607425376257/

https://www.bloomberg.com/news/articles/2021-11-19/binance-chief-zhao-buys-his-first-home-in-pro-crypto-dubai

Be a strong hand. One day you'll be able to return the jewelry to your wife and buy a home for her. May be you'll be able to afford another wife as well. Roll Eyes

Although this does look the same but of course I think there is a slight difference in this.
When talking about wife's jewelry, even though it was indeed bought with the money you gave, I still think it belongs to your wife and actually I feel quite exaggerated to do something like that because investing is indeed very good but you don't have to sacrifice what your wife has .
I think there is such a thing as a better course of action with some of your own savings than auctioning off your wife's gold and investing the proceeds from the sale for bitcoins.