Fuck gold.
It is not a good idea to incorporate gold into your investment portfolio.. especially when we are here talking about bitcoin, and are we again going to getting into those nonsense gold versus bitcoin discussions when we are supposed to be talking about bitcoin - and surely there are other threads about that or if not other threads can be made.
Ok... let me bite a bit on this topic. Sure if you are used to gold, and you have some systems to actually interact with gold that you already know, then sure maybe get a bit of exposure to it. Otherwise, you should realize that bitcoin is in about the territory of 1,000x better than gold, so even if it takes 100 or 200 years for bitcoin to actually reach its fair/appropriate price in respects to gold, you should be able to pretty much recognize and appreciate the direction that the whole thing is going (when it comes to gold versus bitcoin and the fact that currently bitcoin is priced about 1/20th of the current market price of gold. which surely we can already see that bitcoin has been closing the gap and has closed the gap a lot over the past 10 years or so - and maybe the first few years of bitcoin's history might not count as much when it comes to having some kind of a monetary starting point), so in that regard, gold remains a BIG ass waste of time, energy and value (and in essence a distraction - and likely a way to help you in terms of your having fun staying poor) to be fucking around with gold - when there is bitcoin.
Another supporting point is that if you consider bitcoin to be a kind of hedge against the whole system in the context of history in which gold was serving that purpose, then bitcoin has largely taken that use case for gold and is about 1,000x better than gold in terms of its verifiability, divisibility, transportability, securability (and cost of security) and even scarcity.
Hahaha Jay what a coincidence, I also want to say fuck gold!!
2 days ago my wife told me that before getting married she collected 6 pieces of Antam gold which she repays every month but she forgot to keep them. 2 hours later the gold was found in a shabby wallet. I laugh how much it costs now? while showing my Bitcoin portfolio and saying this is a lesson for you, don't keep gold, rather sell the gold and put the money from the sale into Bitcoin, the results will show. If you lose gold, no one can return it, whereas Bitcoin can be returned if you hold the seed of recovery. The simple lesson of this short story made my wife follow the advice. This morning he went to the market to exchange his gold and handed me the money saying put it in Bitcoin!!!!
Yeah your actually correct but from my observation similar to what Jay said, selling off your gold to Bitcoin is actually a wise decision but the security of your key phrases are are not guaranteed because loosing the key is equal as losing your money and even if you should entrust it to someone, what are the chances that he will not scam you and made away with your money but the safest way is to keep it at your only reach were no one has access to except you.