I have 3.2 BTC, should I sell them to buy physical gold?
I have 3.2 BTC, should I sell them to buy physical gold?
Abso fucking lutely NOT
You should buy PAMP instead, great fucking project
I bought for an average price of 1200USD/BTC, I missed out on selling when it skyrocketed as i was sitting there in shock of how quickly it went up
I know, I love them too
Beautifully engraved aside from the eye covering. I can't imagine being the engraver who blew that.
I wouldnt sell all of it for gold, but I dont see how getting a few oz of gold would hurt if you really want some gold
Get ADA and stake in august. Or if you want riskier but even bigger gains get RSR and hodl for a year.
i see you waited for gold to reach ath before considering buying in... classic
The classic buy high sell low.
Gold is on its highest value in history. What makes you think this is the right time to enter?
based retard
Why would I ever want to sell gold?
wtf is wrong with you?
hello peter
Keep 1 BTC, do whatever you want with the rest
At least sell some and buy Gold if only to by more crypto after the gold bull run through 2021
I have ~800% gain in BTC, why would I not lock in some profits in exchange for gold?
Underrated
follow smart money: buy btc, buy btc, buy btc,...
because we are literally before an other bullrun (not immediately) but the low is most likely in so you would only be locking in losses. just look at bitcoin pa lately! it tries to go down it should go down but it can't. not enough corn up for sale.
yes, btc is at its top
thats why we are ranging so flat. We should be dumping really now, but it just wont dump hard enough
indeed by all means i was expecting a dump and been shorting since early may but nothing.
Go all in on silver, senpai.
nah silver is garbage
You should hedge your bets and sell enough for 1oz gold and 10oz of silver. That's only like .25 BTC you'd need to sell.
Look at it this way: right now you have more BTC than 99.9999% of humanity will ever own or be able to own. If you sell a little for 1oz gold and 10oz silver, you'll still have more BTC than 99.999% of humanity will ever own, but now you'll also own more PMs than 99% of humanity will ever own.
In the event BTC becomes the world standard unit of value you're covered either way. In the event that PMs or PM-backed crypto becomes the world standard unit of value, you'll be covered in the latter scenario, but not the former.
This is also why I tell everyone that even if they don't believe in crypto (and it's fine if they don't, it's still a very dodgy thing), they should still find a spare $30-40 to buy .003 BTC and .02 ETH. That's what every human would own if the supply were distributed evenly across the global population. For gold it comes out to about .9 toz and for silver it's about 7 toz. If you don't own that much of each then you're behind the curve in the possible future timelines where those become the world standard of value.
(You should also own at least 1 LINK for the same reasons but I don't tell friends about that because by the time I've talked about BTC I've usually exhausted their tolerance for weirdness)
JANNIES PIN THIS PLEASE
>muh gold is high
It's actually more like fiat is cheaper than it ever has been and it will continue to get cheaper (more devalued) as we march onward into our brave new infinite QE clown market future. Gold therefore looks it is bubbling, but it is only because fiat is collapsing before our eyes.
Gold will continue to reach new highs and it won't even mean that gold is actually increasing in value. One gets into gold to avoid their wealth being eroded by the stealth tax that is inflation.
smartbrain post
Bitcoin is a bubble. The only reason you can "buy" things with it is because vendors can take the BTC and offload it for cash on exchanges. Exchange 1 BTC for XMR, 1.5 BTC for Gold, .5 BTC for Silver, and do whatever you want with the last .2 BTC.
Buy some ETH and 0xMR