Bitcoin Forum

Buying gold is very  easy. But the problem is when it comes to selling. The process of selling gold appears to be much more complicated.
You have to find a buyer...then you have to find a buyer that will give you a good price for it. Good luck with that.

Then you have to deal with the logistics of physically delivering the gold to the buyer, how to receive payment, etc.

You and the buyer have to meet to make the exchange, which can present security issues.
But if the buyer isn't near you then you have to deliver the gold by mail or shipping service.
But does the buyer pay you first? Or do you send the gold to the buyer first? The risk of getting scammed is very high for both buyer and seller.

The risk for the buyer is how does he know he is getting real gold and not fake or diluted gold?

In the US the fastest and simplest method of selling gold is to go into your local pawn shop but who will give you less than half of what its worth and you end up losing a lot of money.

By comparison, bitcoin is extremely quick and easy to sell with a few keyboard clicks on your computer or phone app.

Buying and selling of Bitcoin and gold are completely similar.

The only difference is that Bitcoin is present virtually so you can't feel the presence but buying them can be done in a lot of methods, let's say you register on exchange, complete KYC then funds your wallet then buy BTC then move it to your wallet. Or you can just find someone who takes your money and send BTC.

The process same for selling too, cause there are multiple ways and I bet gold goes through the same category too.

If I have huge amount of bitcoin, I can easily protect it myself without no one knowing about my bitcoin holdings. But if it is gold, it is difficult to protect unless I store it in vault which requires money spending for safe keeping. Unlike a multisig wallet that I can make on airgapped devices which can make my bitcoin backups better. I prefer bitcoin.

Buying and selling gold is no longer complicated. Gold is physical. I have gold, I can go directly to a shop that accepts buying and selling. In the case of buying, the shop will provide gold (necklaces and rings) depending on the model with the amount of content you want to buy. As proof that I have bought the gold, the seller will make a letter. The complexity lies in my access as a buyer who needs access to transportation. This is what makes it different from buying and selling Bitcoin.

Buying and selling Bitcoin does not require access to transportation as I have mentioned. It can be done in the transaction room as long as there is internet access.

Selling gold usually experiences losses, although not in large amounts, because it is considered that the content has decreased from the content when buying.

Where do you find a shop near you that will give you  a good price other than a pawn shop (where you will be lucky to get half of the spot price)?

Bitcoin is also the same if you sell btc p2p which you may get scam by the buyer unless you use an exchange that supports p2p where your crypto asset will not be released to the buyer if you didn't release btc until the buyer will send the payment. There is indeed a problem with gold if you will receive a real gold if you are the buyer unlike in btc where there's a record in the blockchain. Other difference between gold and bitcoin is you cannot hold bitcoin physically unlike gold where you can wear it. P2P is very risky before until you can do p2p in exchange platform nowadays which increases the chances of p2p transactions being completed.

As long as you're buying certified gold from a well known place. If we start talking about jewelry it's very difficult not only to get good price, but also to prove that it's real.

If we're talking about bars like 100 or 250 grams, it's very easy to sell. There are buyers in every town that will take it from you and even if you have a lot of it there are places you can contact online that will come to you and pay you. Literally, there are exchanges where you call, say you have, for instance 500g of gold  from e.g. Royal Canadian and they will tell you their price and come pick it up with the money.

Bottom line, when you have certified gold it's very easy to buy or sell it. What is difficult is transporting it. You can't leave the country with 1 kg of hold in your suitcase, but you can leave it with the same value in bitcoin.

I don't know about other countries, but in my country, selling your gold can be relatively easy because there are specific locations where gold buyers are usually gathered, and if you take your gold there to sell and it is legit, the likelihood of you living there without selling your gold is close to zero. There is a level of security, but since it is a physical transaction, you can never guarantee the level of security on it.

Bitcoin can be difficult to sell too, and gold can be easier to sell too in an instance where someone has transacted before with a gold buyer and decides to keep their contacts for future transactions.

I was expecting you to finish up your comment with the process of buying and selling gold, since you already analysed how easy it is to access bitcoin and also selling it at the same time, but the truth is that, aside from gold plated guweries I haven't seen real pour gold before, so that shows how unaccessible gold can be compared to bitcoin.

I will still accept statements such as bitcoin being the digital gold, and bitcoin performing the rule of alternative to all traditional old assets in terms of everything scalable.

I don't know where you live, but both of these things are literally just digital... Why are you finding a buyer that pays good money for your gold? Isn't it digital where you are? Like you guys don't have banks that does this for you? I personally have my bank app in my phone, and my crypto exchange (binance) on my phone too. So for me, exchanging lira to gold, dollars, euro, bitcoin, eth all are same and just requires me to open up the app and do it. There is a set price, usually very good competitive price in all the banks and binance is fine with pricing too, so its all quite good. I don't understand why you think that you need to buy and sell gold physically like old times, we aren't in that age anymore. And even if you did, there are literally gold smiths that buy and sell, in every city, here at least.

This is what I am thinking and that's why gold can easily be liquidated but you're not getting the price that you want if they're going to be sold on the local pawn shops. Of course, they have to profit and margin from your gold and that's why their pricing won't be the same as what the market says.

I haven't done personally this kind of sale and I don't think that I'd invest into gold this time when the matters of the world is full of uncertainty.

Right, P2Ps, DEXes, CEXes.

You name it, you can easily liquidate the Bitcoin that you're holding and if you want it on plain cash, there's a lot of ways of doing it.

This is applicable if you are doin the trading of Gold physically where you have to come in contact with the metal physically but then its very possible to trade gold and not having to be exposed to all of the challenges and security threats you did mentioned and just like bitcoin, you are goin to be able to trade it online from the comfort of your home on your PC and not having to handle Gold physically of fear for fake or original.

Trading Gold can be done just the way Bitcoin is done, only when Gold is used for jewelry then it will need to be done through the physical presentations. i still prefer the online way of trading it as its stress free and huge volumes can be traded at once without the fear of anything and security challenges like when its been handled physically and you having to travel to go see a jeweler or walking into a shop where you may have to sell for much lesser than you did bought it.

Just trade the GLD ETF.

What I feel at the moment is flexibility where bitcoin is simpler for me unlike other assets, especially if they are physical like gold.
Not that I don't like gold because indeed gold is also still one of the very good aspects if we really want to invest in it, it's just that it's not as simple as bitcoin.

For the problem of selling gold actually it depends on where you live but in this case there are some experiences that I felt where I bought gold bars which indeed it took me time to sell at that time because in addition to the process which was quite a bit complicated (where I live) this is also like what you said because indeed not a few collectors want gold when their target in the purchase is reached so I have to wait a few months at that time.

I agree that selling Bitcoin for cash is easy and can be done through many payment methods via both centralized and decentralized P2P platforms. All that's needed is a device connected to the internet, and the person will receive the true market value for the amount of Bitcoin he sold quickly and instantly, without incurring any manufacturing or repair costs that might be associated with buying gold in the form of jewelry instead of bullion or coins. However, while I don't see gold buying and selling as complex as mentioned by OP, I find Bitcoin to be a more ideal, modern, and profitable investment than gold.

For me, my Bitcoin holdings are much more than gold. What I like is the ease of dealing, trading, and storing it. I can also sell any amount I need at any time and buy whatever I want online.

in your Country, not in mine.

bitcoin is relative easy to buy it in my Country.

Gold ETF might be better, but comes with significant counterparty risk.


The Hidden Risks of Buying Gold ETFs

https://www.usmoneyreserve.com/news/gold/hidden-risks-buying-gold-etfs/

https://www.businessinsider.com/theres-no-reason-to-own-a-gold-etf-2016-4

However, in our country, it is forbidden to buy and sell Bitcoin, and only legally buy and sell gold ！！！

That problem you've got with selling gold is probably a case to case basis, there's a possibility that you're going to sell it to someone that's cautious and that they want to make sure that you're legitimate and that they're not getting ripped off, you know how it's easy to cheat people using gold and how this is a really coveted thing amongst criminals. That's why it's much easier to sell your bitcoin compared to gold given that you can easily verify that it is bitcoin that they're selling to you but we have to understand and know that it's not a matter of what's better of the two when it comes to selling them, what matters is what works best for you in the situation, you can't sell your bitcoin in a pawnshop after all.

I don't see any difficulty in selling gold because there are many places in my country that are willing to buy gold in any amount.
Although sometimes we have to sell some places because the amount is so large.
Gold is also one of the assets that is so sought after in my area because maybe people here are used to buying gold as an investment step that they do.

This is a fairly simple question to answer because to recognize real gold there are many tools that can be used.
Now we live with technology and for that matter it is not so complicated to recognize its authenticity.

For a comparison of the speed of selling and buying I agree that bitcoin is very easy and fast.
That is why the current generation who understands technology is not difficult to get involved in the bitcoin investment system.
But if we talk about lay people, then the question is the same as the difficulty in recognizing real gold as you asked.

I totally agree that buying gold is easy but selling it is big problem. Finding trustworthy buyer getting good price and dealing with security issues makes it very hard. There is also risk of getting fake gold or being cheated. On other hand selling bitcoin is very easy and fast just few clicks on your phone or computer. Digital transactions are safe and convenient making bitcoin better choice for those who want to sell quickly. Gold is valuable but selling it is too much trouble, so bitcoin is a better option for those who want it easy and fast. And one more thing which I will add that Gold is not easy to store but Bitcoin is easy to store online.

Are  you aware that bitcoin do also have its trading risks? Infact, let's not try to defend bitcoin as Mr perfect asset. Imagine selling your bitcoin to an anonymous buyer on the p2p and also recalling that not all wallet networks requires the validation of KYC during account creation so, such buyer can as well play sellers scam or even the seller can scan the buyer because you has to pay first before coin is released and if you are dealing with a local vendor knowing each other in person, you can  also release the coin even when payment have not been received yet.
Then a meant scammers is liable to also succeed you on trading your bitcoin such being effective with gold which actually has a high level of physical insecurities.

I would choose bitcoin over gold for many different reasons, but I like the fairness of comparing the two.

Gold has a capitalization of more than 15 trillion while bitcoin's capitalization only reaches 1 trillion and that means it has many times more liquidity than bitcoin. Gold has a long history and is recognized worldwide, there are millions of stores that buy and sell physical gold in every country and region in every corner of the world. So it would be ridiculous to say that selling gold is more complicated than bitcoin.

Most of us here would choose bitcoin because we need privacy and bitcoin is superior to gold in this regard. Or we choose bitcoin because we want to make big profits from its volatility, while gold is suitable for people with large capital and like stability.

There are a lot of threads comparing bitcoin and gold, and most of them just aim to demonize gold and glorify bitcoin, but that never makes bitcoin better.

Bitcoin and gold belongs to different types of asset so it's big difference between them, like we can not compare Bitcoin adoption and Internet adoption fairly. Any comparison must be made carefully and neutrally so people who are new won't have misleading information toward Bitcoin like Bitcoin is the best.

Market capitalization of Bitcoin and gold.
https://companiesmarketcap.com/assets-by-market-cap

More gold will be mined and available in circulation and we can not know the maximum available physical gold in future. With Bitcoin, we know it, there are only 21M bitcoin and it will help its value and price because supply and demand principle.

How is the 21 million bitcoin cap defined and enforced (https://blog.lopp.net/how-is-the-21-million-bitcoin-cap-defined-and-enforced/)

That's why gold isn't a good choice to for investment or make your money grow, it's only good as a store of value. Buying gold is like the end game when you have more money, but don't know what you should use the money for.

Sending from non custodial wallet to exchange with top priority (10 minutes), login, sell the coins on the current rate, withdraw the money to banks, that's. I believe it's less than 30 minutes, there's nothing difficult.

You're buying "fake gold" instead of "real gold", gold is a tangible asset. It's the same like you're buying WBTC, BTCB, Bitcoin ETF etc instead of BTC.

I don't know about the USA but in the EU there are several online portals where you can easily buy and sell gold. In many of them they don't charge you commission for the shipping from a certain amount or with no minimum amount. For example, in https://www.bullionbypost.eu If you buy a 10 gram gold bar you will be charged about €735 and if you sell it you will be paid €683. It is clear that they have to do business, and the difference between buying and selling is very far from what you say they give you in the pawn shop.

Where do you buy gold from? If you can buy gold easily, why is it difficult to sell gold when gold stores are always ready to buy back gold at any time? This may sound absurd.
 
I don't know what your and OP's country is like and whether what you two said is true or whether you are intentionally distorting the truth. But in my country there are many gold shops and it is not too difficult to find them, you can buy and sell gold in just a few seconds as long as your gold is real gold. Buying gold is not easy to be deceived if you buy and sell at stores and centers with business licenses and you will even be issued a certificate with your gold product to ensure quality.

Regarding bitcoin, everything will become easier because it is only virtual money and not physical money like gold. But you can also get scammed if you buy BTC through P2P trading with scammers. Regarding storage, with large amounts of gold, storage is difficult because it is quite cumbersome, however with bitcoin you will also encounter risks such as viruses, forgetting seed phrases...Nothing is perfect and both have pros and cons.

bitcoin and gold are both very valuable asset and then price of the both asset are increase day by day just one is physical and another is virtual. if possible and if you have enough ability then hold both for long time. selling bitcoin or gold are not smart thinking. you can see the past price of bitcoin and gold and the present price of gold and bitcoin. so keep holding bitcoin and gold as much as possible

From what you suggest, this is not wrong because everyone can also see how the price of Bitcoin and gold compares in the past with the present so there must be a mature consideration when you want to sell it. However, if someone is faced with difficult conditions and requires him to sell one of the assets from the two asset models that have been owned, of course it would be better for him to sell gold and keep Bitcoin. Because the increase in the price of gold is not that sharp and significant every year even though the increase is a certainty.

But if the increase in the price of Bitcoin itself, I see that it is always more significant and sharp in each cycle so that it can cause someone to no longer be able to buy in large quantities when they have sold it at the current price. As for gold, it is still possible to get it back in a certain amount even though it has to add a little capital because the price increase is not far enough from the price we sold it at. But all of that only depends on each person's thinking and my thinking is as I said.

Where I buy, I'll sell at a price that's not much different from the current purchase price even though I don't make a profit. If I sell gold now at the price I bought it last year, I'm already in a profitable position.
My local country is easy in terms of gold transactions. It just takes time to get to the shop because I don't live in an urban area.

Investing assets in gold face problem since first time buying until selling later its not matter with for of gold in digital product or have real product, in my country Indonesia every gold investment taken bigger taxes fee transaction or for gold digital form and real gold taken much fees by the seller for every buying and selling it.
I agree with OP comparison how easily for investing since buying until selling bitcoin gold and bitcoin without taken bigger fees for transaction and have easily for sell it behind how much transaction volume of bitcoin.

But difficult to make many people realize how easily when investing in bitcoin keep excited for saving their assets by investing in gold, maybe some people do not know well about bitcoin increasing price year by year and high return profitable earn than gold with few percent increasing only but in my country have got loss firstly after paying taxes transaction fees before buying gold.

A pawn shop isn't designed as a good place to buy or sell previous stuff. It's more for loans where things are taken as a collateral, the way I see it. But it's a good point that it's easy to figure out how to buy and sell Bitcoin, while selling gold is more complicated. You can try to google and find a place to do that, but there's no system, you might get scammed or just get less money than the nominal market value it. Also, gold has to be physically carried, which is not only uncomfortable but also a potential risk of getting robbed if you just carry it around. So I agree gold is more convenient, although perhaps gold is also safer in terms of price fluctuations.

Yes, if it is easy, then Bitcoin will be easier to sell because technology is developing so quickly. However, in my area, there are several places that can buy and sell gold directly and quickly. I don't know what the limit is for that, but if it sells in small pieces, it's very fast. That's because I once sold a few grams of gold.
However, both of these have their respective advantages and disadvantages. Personally, I don't mind either one, as I find them both easy to sell. However, in terms of efficiency, Bitcoin is far superior. The problem right now is, I don't have enough bitcoin and gold to sell  ;D

In terms of value, Bitcoin may be better, but for official recognition of value, gold is the best. In fact, most people seem to make gold as an object of savings. Although its value does not increase more than Bitcoin. If you compare the two, Bitcoin is still very new and young while gold, it has been around since ancient times. This means that Bitcoin is still in the early stages of recognition and still needs time for adoption by the world's people.

Both are profitable assets but the only difference is that you end up selling gold quite lower than its original price but with bitcoin, it’s value is likely to appreciate more so you will end up selling bitcoin at a higher price compared to the first you bought it.

However, when it comes to selling them, knowing bitcoin is more expensive than gold, I think you will sell gold faster than bitcoin just buy dropping it in nearby pawnshops, but with bitcoin, if you want to sell a large portion of it, it may take some time before you can find a good and reasonable buyer that will stick to your own price, not their price.

If you compare selling gold and selling BTC, of ​​course there are differences and of course everything has the same risks. Yes, the point is that selling gold is of course we have to be able to choose people who bid high for our gold because of course if we are not good at selling gold, of course the profit we get will not be. There could even be big losses and it certainly depends on whether we are clever or not in making gold buying and selling transactions.

and if you think about it, selling bitcoin is an easy way, but what is certain is that in selling btc we also have to be clever in selling because if we sell btc at the wrong time, for example when there is a price drop while we buy btc at a higher price than At the selling price, of course we will incur a loss, so the point is that in this case it depends on our skill in buying and selling transactions btc

Yes, basically I see that BTC and gold certainly contain risks and these two assets certainly have advantages and disadvantages, but what is clear is that selling BTC is an easy way because you just click, but of course you have to know the right time to sell BTC.

The process of buying and selling gold varies widely especially from country basis, in certain countries you can only buy them from banks and in others you can see jewelry shops that also sells gold blocks and coins. I am not sure where you're from but here in my place buying and selling is fairly simple but have to pay taxes while buying and selling if we do it in right way. And the availability of 99.999% gold is almost around every corner where you can buy and sell gold at the current market price.

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Gold is not that profitable in the last 10 years but it has been stable all the time and that's the difference between bitcoin and gold.

You have gold rate changes every day and that is the same all across the country unless your state includes any excess taxes on buying and selling so there is no need to sell your gold for lower price than the market rate unless you are talking about gold jewelry which is not pure gold. Hence, you only get the price for gold in the gold jewelry.

So anyone buying gold as an investment should only buy blocks/coins.

Bitcoin and Gold are easy to sell You can sell both of them whenever you want because their is market for it , but Bitcoin seems to be faster in buying and selling because it's value tends to go up faster than gold,and can be kept in a wallet,but gold can't be keep in a wallet and if invested will give you a better return and Bitcoin transaction is digital and being made on a reputable regulated exchanges while gold is physical which poses alot of risk and danger for the trader. In gold, you need to be able to identify the original from the fake and the quality which will determine the selling price .

I never think of selling bitcoins and selling gold separately and consider them as one and the same activity.  Let's assume from today that you all know what the Bitcoin market was like ten years ago, especially a Bitcoin was under one cent, but now you see a Bitcoin going up and down at $62,000 in today's market.  You can't underestimate the fact that a coin has grown hundreds of thousands of times its market in 10 years.
Again in the case of gold, the same graphical market can be seen, but it does not fluctuate as much as Bitcoin, rather the gold market fluctuates in a steady form.  If you look at the graphical chart of the gold market from today, you will clearly understand that gold is in a good position like Bitcoin.  So, if someone wants to invest strictly, then they can invest in both the valuable assets, but if the long-term holding is thought of, the matter will be more important.

Yea, I have seen a posts on this forum where a member actually said that it's easy to buy gold in their country but difficult to sell it back to people you bought it from, and in my country, it doesn't work like that. If you actually want to sell your gold piece, it's very easy, and you will also sell it at a good rate if you already know what the current rate is for one troy ounce, but when you don't know about all that, you can be cheated by the buyer. 

Just like a few people have already said, Bitcoin is much easier to keep safely than gold. Most of the time, you can store a very large sum of Bitcoin and no one will know unless you tell people about it, but once you hold that large amount of gold, it could be noticed and can lead to robbery. 

Many people from third world countries also affirm that they have no difficulty buying and selling gold. Buying and selling gold is extremely easy, while OP said he had difficulty selling gold in a large country and that is the United States. Are there no physical gold stores in the US? Why did he go to the pawn shop to sell gold? I really doubt what the OP is saying.


I also agree with this, storing bitcoin is much easier than gold but it is only easy for those who have knowledge about bitcoin. People who are older or do not have basic knowledge of computers will have difficulty even buying or selling, let alone storing bitcoins.

In the city where I live, buying gold is incredibly difficult. It's not that it's hard to find or difficult to buy. The whole problem is that if you buy gold, then selling it becomes much more expensive. The gap in the bank between selling and buying is about 15 percent! And this is just absurd. It turns out that if you want to profit from buying gold, you have to wait for its price to rise by 16 percent! and then there will be a profit of 1 percent.

On OBS: (Observation. OBS)

PAX Gold: PAXG $2,414.08

On Binance and uniswap.. My beer has gold label on it. Imitated. Great idea.

Digital Gold BTC with such huge volatility gives us great opportunities, like those we have seen in recent days. If someone decided that the rally within the corridor will continue, then he bought for 50k, thinking that this is a new corridor 50-70k, or 50-60k.
In general, it seems to me that Bitcoin behaves a little predictably in recent weeks and months. Even if it is very volatile.

I quite agree with you that your findings on gold sales and Bitcoin sales bring into sharp relief practical challenges associated with each. Selling gold is a process that has many steps to complicate things: Finding buyers, ensuring the appropriate price, dealing with the logistics, managing fraud and security risks—and often being a hassle because it literally requires that you handle gold, meet the customer, and arrange secure payment and delivery. It happens, and this can be especially difficult if the buyer is not local. With that being said, selling Bitcoin is much more straightforward. Bitcoin's digital nature allows for faster transactions via the internet, reduces the need for physical transactions, reduces logistical complexity and transactions can be completed with just a few clicks on a computer or smartphone app, and blockchain technology which is obvious, so the risks associated with scammers are generally low because of the security involved The very ease with which one can trade bitcoin, compared to gold, underlines the massive chasm that exists between digital and physical assets. Much as gold is still a physical asset possessing intrinsic value, trading it involves complicated and at times highly expensive resources. Bitcoin, being a digital asset, makes most of these challenges very easy to deal with and thus offers very easy options for those who stress speed and swiftness in their businesses.

Gold is old-school. You're dealing with physical stuff, worrying about getting ripped off. Bitcoin? Its the future. Secure, transparent, no middlemen. Its not just about convenience, its about trust. Bitcoin is built on a system thats inherently trustworthy. Thats huge. It changes the game. Supporting Bitcoin isnt just about making money. Its about believing in a better system. A system thats fair, accessible, and puts power back in the hands of the people. Thats the future Im betting on.

As a potential trader, one has a number of options to speculate on the price of Gold. The options could include trading Gold stocks, Gold ETFs, Gold Futures, Gold Options, Gold CFDs as well as physical Gold (bullion bars or coins).
Even with the speculative return of the gold standard, and it still being able to be used as a hedge against inflation, I think Bitcoin serves better value with the ease of which it can be traded and used to pay for transactions in any said currency, with or without an exchange interference.

We don't even need to compare the two because they have different uses in life, not just in terms of investment. Not to mention each person's needs and preferences are different and they will have the right choice for themselves.

Do you feel this topic offers a fair comparison? I personally don't see anything fair here and that's why I disagree with what the OP is saying.


On the surface of our earth there is still a lot of gold and it can be said that the total supply of gold has not yet been determined, but mining and processing gold is also very expensive and difficult. Not every country can exploit it. Not to mention, gold's applications are very widespread, it is used in almost every profession from medical care, computers, mechanics, even in high-end cuisine...It is not only used to make property or jewelry as we often see. So even if humanity mines more gold, it will never be enough to supply the world, it will always be in scarcity.

Just the convenience in buying and selling your bitcoin we are using a different exchange of course with a different price rate now its up to you which exchange you will use to sell your coins, of course people will prefer with the higher rate price so they can gain profit still, the same with selling gold but the difference is the exchange you are seeking for the higher price rate the gold but in bitcoin you can sell tons of people buying and selling in a particular price in gold you must need to seek people who want to buy it in a designated price still having the limit price you would like. In bitcoin you can quick flip an instant because of the market volatility, in gold you can flip this but takes a lot of time.

The biggest difference between Bitcoin and Gold is that Gold can be seized by the government if they find you suspicious.
If you got substantial amounts, they will find a reason to suspect you as proven by many cases of innocent people getting robbed by the government all over the world.

Bitcoin can be easily hidden with encrypted seed phrase hidden in many places.

Remember who we are dealing here with, Government is a crime organization - evil that shouldn't exist.

Bitcoin is a digital currency and it is a store of value and it can be easy be gotten and many people are out there to get it at any time when you are ready to sell. And why gold is difficult to sell, it is because the number of people who have access to gold is very few so when you managed to have some pieces, then to sell them will be difficult because it is not common and if you see anyone that is ready to buy, he will not buy it to your satisfaction and you too you want to sell them.

So you sell them with cheaper price. So you be free from thinking. As for me, I have not seen gold so if someone brings gold for me to buy, I won't buy it because I don't know where I will sell the gold.

Selling gold in my country is very simple. You just have to go to a nearby jwellery shop and you can sell gold at market price.
They do deduct some making charges on the weight of gold which is around 6% - 12% of the price but other than that it is easy to sell gold.
Selling bitcoin is easy too but exchanging it to fiat is a matter of concern in my country due to P2P frauds happening in here and bank accounts getting frozen by banks.

Of course, gold is not the most liquid (and profitable) financial instrument (which is acceptable to use under certain conditions), but still, bitcoin also has a number of disadvantages. Only these disadvantages are of a different nature.

I am ready to see your reaction, how you will sell bitcoin "extremely quick and easy", when mempool \ BTC-network overloaded.

I am ready to see your reaction, when the tax office knocks on your door expecting an explanation of the origin of funds (received after "few keyboard clicks on your computer or phone app") or the bank freezes your account for the same reasons.

These two assets are mandatory in the current era for future investment because both are potential investments and have their own criteria. Gold is undoubtedly because it has been around for decades and is highly trusted by the public, Bitcoin has also been around for more than a decade with a system that makes it easy for us to build future assets. In the end, we must have these two investments to achieve financial freedom in the future.

However, when it comes to convenience, of course Bitcoin is easier in all respects, including when we sell it. We can sell Bitcoin just by using a smartphone, while for gold we have to find a truly trusted store. There is fake gold, while Bitcoin is not fake. Gold is difficult to carry anywhere while Bitcoin is easier to carry anywhere. The point is that Bitcoin is here to make it easier for us to invest.

Why will the process of buying be so easy and the process of selling be so complicated? I believe if you are selling, then you will follow the same process that you followed when buying. I have seen a few people sell their gold, and I don’t see anything that makes it look complicated, maybe it’s kind of difficult from where you are.

We have stores that sell gold here at my side, so just walk into one, most of them always have the same price, it’s just left for you to select the store that you will be selling at.

Do you mean there is no jewelry store or shop where you stay? At my place, if you need gold, there are stores that you can visit to get it. Select the gold you want, make a payment, and you will be given what you pay for. You don’t have to ship anything anywhere, and you are not getting scammed in any way.


Visit a reputable store and get your gold, they won’t sell a fake gold for you.

Investors who are risks averse would comfortably choose to invest in gold because it has a very low volatility rate. Aside this, gold is well regulated compared to bitcoin with no worries about online theft. The both forms of investments are not without their own individual risks, bitcoin even has more risks compared to gold. The fact that gold is a physical asset does not in any way make it old school, investors just have to understand their risks tolerance level and go for what they feel they are more comfortable with irrespective of the amount of returns the choices of investments stand to generate or what everyone is saying about a particular investment choice. A lot of people are living in regrets now because they  went for a particular kind of investment without considering their risk tolerance level.

But in the end, when we talk about profit, it is certain that the smaller the risk faced, the result of the profit will not be too large and vice versa when the risk we face is greater, the profit obtained will also be greater.

But on the other hand, in the end it all depends on the fashion and interpretation of each because being in gold is not a wrong thing to do if they want to be there because being in bitcoin or gold all certainly has its own consequences and risks so as long as they can minimize and know the risks they have then indeed continue what we think is right.
We cannot say that being in bitcoin is right and elsewhere is wrong because after all, everything has its own assessment and management of each risk of course.

Depends on what kind of gold product you have, is it a rare coin? Or just a chain that goes for melt value? Or is it a very intricately made wedding band? Usually depending on the item and the buyer they will always try to get melt value unless it’s something truly special and carries a premium. Bitcoin on the other hand is instantaneous!

Myself I have not seen anyone who demanded for good to buy but I have seen many persons who requested for Bitcoin and the any other bitcoins to buy so that is the difference between bitcoin and gold because Bitcoin is generally known and the accepted by anyone who wants it why good is also general but not generally accepted by anybody, I think that selling of good many people may have it as a difficult thing to sell their gold, from my understanding, I believe that buyers of gold is very scarce why buyers of bitcoin is everywhere and even some exchange can buy bitcoin from the person that wants to sell and store it for future.

Selling gold for the first time to a buyer can be quite difficult but after the first successful sell of real gold to a buyer the subsequent request for selling is very much easy because you will definitely establish strong relationships or contacts after the first few sells, and you know one customer satisfied means gaining a million customer as a reputation for future transacting, in my country here, there are several places where light and bulk gold buyers and sellers stay and you bring real gold to them and they buy next time they will come to meet you around your area where comfortable and secure for you other than your house for security reasons and you may not need to waste transportation to go meet them anymore and where the gold is too bulky for the buyer he will then refer you to others and buying Bitcoin too at the first time is not as easy going as buying it subsequently though Bitcoin is virtual holding and does not require much like gold though both has advantages and disadvantages in profit returns,durability etc.

But people with huge assets, they don't need to take risks to get big profits, because their small profits will be many times larger than the profits we get even if we make profits big from bitcoin.
An investor with a capital of several million dollars only needs a profit of 5-10% to be able to earn more money than an investor with a capital of only a few thousand dollars and has a profit of x2, x5. Therefore, evaluating what is the best investment will depend on each person, don't be too short-sighted and only look at the growth side and ignore other factors.



Do you see that only aggressive bitcoin investors compare gold and bitcoin, while gold investors are no longer even interested in bitcoin? What they care about is the profit they will make, they rarely compare which is the best investment to brag that they are right, because that does not make them more profitable.

I always prefer to discuss bitcoins. So I thought I could buy bitcoins and keep them. But I'm afraid to take the risk because of my lack of experience with bitcoins. The market for bitcoins is very good right now, so I'm a little scared now.  Because I have more losses if the Bitcoin market starts to crash after I invest.

What a garbage thread.

four pages long and not one person mentions the bitcointalk has a thriving collectables section where you can sell gold easy peasy at spot.

I am ashamed of you all for not talking about it.


https://bitcointalk.org/index.php?board=217.0


and while these next three links are about silver sales

duh you guys and girls should go look in the mirror and smack yourselves.

thread 1  a 100 oz  listed sale of silver sold 105 oz

https://bitcointalk.org/index.php?topic=5497058.0

thread 2 a 100 oz sale of silver
https://bitcointalk.org/index.php?topic=5498771.0

thread 3 a 120 oz sale of silver
https://bitcointalk.org/index.php?topic=5502105.0


all sold at spot rounded down  to next dollar.


Ie $31.24 spot sold for $31 an oz


So the sales were all a bit over 3000 and I gave around 150 discount to all buyers.

better value for me than any pawn shop

Who sells gold online and sends the gold through mail or any other sending source? I don't know about your locality, but where I live, we have jewellery shops where you can go to either buy or sell gold, and you don't need to go through anything that you have mentioned. There are no security concerns, and you get the market rate unless a shopkeeper scams you if you are unaware of the rates, so it's mandatory to check the market before you do that to avoid getting scammed.

So to be honest, selling or buying hold is not that big of a problem in our country. The only thing that matters when you are buying gold is that you need to know about it because there can be different qualities of gold sold in the market, and the prices can differ based on the quality.

So buying and selling gold is as convenient as buying or selling Bitcoin for us, it is just that you will need to go to a physical store for doing that with gold whereas you can do it online when it comes to Bitcoin.

well read the links I just posted and read up on that section that has thrived for years right here on bitcointalk

there have been millions in sales in the section since 2012 that I have been here.


duh

you are making your self look ignorant

but do not feel bad as everyone that replied here is doing that since no one mentioned that section.

amazing

Both selling of bitcoin and selling of gold, I think is very easy to sell when you have the experience of both, because if you don't have the experience of selling them, that is when you will be saying selling of gold is very difficult which is not, when you have the experience. I don't have experience on selling of gold, but there are some particular area in my country which gold investors use to buy and sell of gold, which is physical selling and their transaction is very okay, according to my friend that is into gold business, if we talk about globally, I think bitcoin is very easy to sell than gold because you can sell your bitcoin in your house without third party involve and it will be deliver to the buyer and you will get your money from the buyer.

If you have a lot of bitcoins you can hoard your bitcoins. It is certain that Bitcoin will move to a better position in the future. But if you have gold as reserves then you can keep gold reserves in future gold will go to good position. But if you are a trader then you understand the market conditions and you can plan and sell your bitcoins when you have profit it totally depends on your investment type.

Most of the Bitcoin holders now have been holding for years because we're all believing to its full potential in the future. And I think when we say future, looking back at the date of 3-5 years or more ago, we're not yet on its future and there's gonna be more to come in the upcoming years. But what's good now to the folks like us, we can dictate what future is for us. Because of the privilege of being an early investor.

Comparison of it for being good in the future, there's no difference of it because they can be both held for long term. But it's visible that Bitcoin is the better thing to hold. Liquidity is what matters and the volatility that these two have, Bitcoin is more volatile and it's effortless when someone wants to sell it anytime.

Totally disagree with you, If anyone wants sell and buy gold he has to go gold market and in case of price the price of gold is fixed by the government so no one can alter that price. Yes they can give you less amount by telling that your gold is lesser in weight. While Bitcoin is a digital currency you don’t touch or possess bitcoin but you can possess gold.

Yes what you said I agree with your statement. Gold and Bitcoin are both very popular investment assets. Bitcoin is a valuable and potential investment asset for those who believe in and want to invest in virtual currencies. On the other hand, gold is known as a precious metal worldwide.  Gold is loved by almost everyone and is also used extensively as an ornament. Gold has a good advantage that it can be used in fashion as well as investment. Those who care about their future finances will not want to sell bitcoin or gold as a valuable asset. Because they are constantly increasing in price. so if there is enough money then none should be sold

Gold as a backup is good but it is about the ease of buying and selling between gold and Bitcoin.
As a backup, I also use gold as a backup when the selling price of Bitcoin is experiencing a detrimental decline when sold. Traders will have a hard time if the market is unstable and being a trader in the middle of a situation like this is closer to loss than profit.
In the long term, Bitcoin is better than gold.

Selling bitcoin and selling gold became two things. Although Bitcoin is a good coin, there is no coin like it on the market. But if it is compared to gold, it will be wrong because gold is a permanent asset; wealth never perishes. On the other hand, if you talk about Bitcoin, it will be flawed because it has not yet reached the position of gold. It also takes a long time to arrive and costs a lot more. Gold is better than bitcoin.

I think these problems of centralization and third party of thing is the main reason why Bitcoin was invented to bring an end to such scams going on around the international markets of goods and other centralized markets like banks and others.

Buying and selling of Bitcoin is easier than gold; you can safely buy and sell your Bitcoins in centralized exchanges as well as in decentralized exchanges with less risk through p2p and other means; you don’t have to doubt anything along the line because the exchanges are responsible for the entire transaction and will credit you with your Bitcoin once the transaction is confirmed.
Moreover, you can send it out to anywhere you want with just an address, you don’t need to be afraid of receiving fake Bitcoins because there is nothing like that.

It should be understood that I do not mean that gold is bad, but gold is a useful reserve fund when urgent needs arise when the Bitcoin market price drops. Letting go of Bitcoin is unfortunate, so making Bitcoin a long-term investment and making gold a reserve fund is the right choice in my version.
Thus, you can understand what I mean.

I disagree, buying gold is not as easy as you have thought about it, this is a centralized physical asset we are considering and there is a need for you to understand that you will have to go through a centralized means by fulfilling kyc terms before you can get one, selling it as well may demanding before you can get a particular buyer at your selling rate.


This is true, compared to bitcoin which is more easier to sell or buy using p2p

If you plan to invest in Bitcoin, you must learn to control yourself. You must have the willpower to hold it for a long time. You must accept that there will be volatility in the market so you must not get discouraged but hold on patiently. Since you don't have much experience with Bitcoin, you need to plan in a way that protects you from losses, so you can buy Bitcoin using DCA when the Bitcoin market goes deep. If the bitcoin market goes down when you invest then of course you may lose some, but you will not be disappointed, but the whole market will rise again. You can have hope and trust on Bitcoin will never make you lose but if you can hold it for a long time then you can earn a lot of money from it.

Between your dream and reality, what you want and what you will actually face with in reality, will be very different. Nobody spends money to buy something, for example purchasing bitcoin, and don't want to get profit from this action. In other words, no one wants to get loss from investment or trading but as said, there is big difference between your dream and reality.

You only can hold your bitcoin if you manage your capital very well and don't suddenly have need to sale your bitcoin. If you don't manage capital well, you will have to sell your bitcoin when you don't want and at that time, price will be lower than your target price. If you still have profit, just smaller, it's still good but if you have loss, it's bad.

DCA bitcoin is a good strategy in long term and it helps investors to avoid risk, pressure to time the market, find bottom price but this strategy only can help investors if they have good capital management first. Use 100% money to purchase bitcoin, even with DCA strategy, and after DCA an investor has empty bank account, empty hands in cash, it will come to time of selling bitcoin at loss when something urgently happens.

It is given that digital items are much more convenience to sell than physical ones.  So we cannot deny that selling Bitcoin in comparison with selling physical gold is way much easier with just clicks of a mouse.  But as far as I know gold certificates made it easier to sell gold since a person can sell his gold without moving the physical item and just by trading his gold certificate. I believe there is a special platform for this kind of trading like:

• https://www.bullionvault.com/
• https://www.kitco.com/
• https://www.jmbullion.com/

In addition of Bitcoin being more convenient to sell, according to this research study[1], Bitcoin has higher annual profit margin than gold.

---

[1] https://ebooks.iospress.nl/doi/10.3233/ATDE221051

You are right for now everyone who has a good understanding of both of these things certainly believes that these assets can be used as an investment for their future, but before deciding to invest in Bitcoin, of course, they must first understand it well so that they can make a profit in holding these assets and it is true as you said everyone certainly understands the potential of gold and there are also some people who make gold as jewelry and also as an asset that they invest in for their future and will also try their best to be able to maintain these assets and if we don't really need funds, of course we must continue to hold these assets because we all believe that these assets will continue to increase in the future.

It's very strange when you say that in this forum which basically you yourself have been in this forum since 2011. Because there is no way you enter this forum if you don't know Bitcoin and now in 2024 you are saying you are afraid to have Bitcoin because the market will crash :D. And that will signal that you still don't really understand Bitcoin even though you yourself are already at the Hero rank who should be no more afraid than a Newbie when you want to buy Bitcoin or when you want to invest in Bitcoin. So it's a bit strange when there is a Hero who is afraid to have Bitcoin just because of unreasonable reasons.

Yes, I understand what you mean.

You want to say that, but when we go to sell it, we have to face a little problem. But if you have Bitcoin, it is straightforward to sell it. If you try to understand it well, you will see that gold is our wealth, a commodity we can hold and carry. But to sell it, you must find a buyer and then sell everything to him. But whoever the buyer is, it is seen that they don't pay much less. But we need help finding out who Huthat is. But it is not the case that buyers cannot be found.
Despite the potential challenges of selling gold, it's hard to deny the allure of Bitcoin as an investment. Its ease of sale and potential for growth make it a compelling option for those looking to manage their wealth.

It doesn't take like ages to learn about Bitcoin investment, it doesn't even require much to learn about Bitcoin but only requires the readiness and dedication of the individual to learn how to invest in Bitcoin and properly hold on to their asset securely. Bitcoin doesn't require and individual to have a computer knowledge to buy Bitcoin, we are in a modern world and anyone can actually do a lot of things on the internet just with their Android or IOS phone.

There are many differences between selling Bitcoin and gold, especially when you sell Bitcoin P2P it can be very risky. There are many exchanges where if you sell bitcoins if not released it will definitely become a scam, and you may lose your money. But nowadays most of the exchanges have completed user KYC due to which people are not losing much of their money through P2P, rather they are doing risk-free transactions. But in selling gold, you don't have to face any losses, and you don't have to get scammed. You can go anywhere and sell your gold to a goldsmith easily.

It would not be correct to say that investing in gold does not cause losses, it all depends on the price of gold and the price of gold also volatility continuously even though the volatility of gold is not significant. Furthermore, once it is an investment, there will be profits or losses and gold is no exception.

But I don't agree with everything the OP said about gold, it's confusing to say that selling gold is difficult, especially for a power like the US. Why doesn't he sell the gold to jewelry stores or goldsmith? Why would he go to the pawn shop to sell that gold, unless it wasn't his gold and he was afraid of something? To be honest, this is the first time I've heard of someone selling gold at a pawn shop.

Since I have been in the bitcoin business for a few years, I will choose to invest in bitcoin instead of gold because, when the time comes to earn a large amount, I will definitely be able to buy gold. At least the only advantage with Bitcoin is that it is a volatile asset, and if you have large holdings in it, it is possible to get a profit that is also a large amount in the end.

Especially if you invest in another cryptocurrency and hold it long-term, you might not only invest in gold but also a house and lot and even get a car with you. And it is not impossible to happen.

Buying and selling Bitcoin and Gold is almost similar with a slight difference.

Gold has been in use for centuries as a store of value. Nowadays, it is a lot easier to buy and sell gold. Go to a designated gold shop and buy or sell, whatever amount you wish. They will charge some amount as their fee. Although there are some issues with the Gold trade like getting a good selling price, the major issue with the Gold is its logistics. Similarly, you can buy Bitcoin from any exchange and they will charge you some transaction fee. However, Bitcoin has an advantage in that it does not need any special transportation compared to Gold.
In my opinion, you should have both in your portfolio. Earn profit from BTC investment and store in Gold and other assets. 

This is also the first time I have heard such a statement and from the OP because selling gold is not difficult at all. Basically we all know that most of the people sell gold by going to jewelry store or goldsmith shop. But if the OP wants to sell gold in a panel shop then of course there's a lot we can think of here, especially as we know many times people plan to sell it in different ways if it's not their own gold.  If he went to sell gold in the panel shop then surely we can catch it here it might be someone else's gold else he must have gone to jeweler shop or goldsmith shop to sell gold. Maybe the OP here is making it seem difficult to sell gold, but actually selling it is not difficult at all but rather easy but he makes it difficult of course it's mysterious.  ;D

We as crypto users will certainly prefer Bitcoin, but both can guarantee to provide benefits even though everything requires a process, but the benefits of both are also different and for crypto lovers will definitely get very large profits that are not the same as gold which requires large capital but the profits we get are gradual.

I don't find it fancy to move gold from one place to another and because it's heavy again, you have to be security conscious about it anywhere you are unlike Bitcoin that you can hold $1B worth of Bitcoin with you anywhere and nobody will ever know you possess such amount of Bitcoin, your privacy is covered and your asset is covered but when you hold gold, you risk everything about it. Anybody can even come to your house and take it away except if you made the deposit in a safe in bank.

Bitcoin also gives you versatility anywhere you are, let's even forget the price for now, you can move $1B worth of Bitcoin anywhere around the globe but how do you even move around with $1B worth of Gold, that's going to be like many cargo shipments. Don't forget that it's not all Gold that has high purity, you can even be sold a fake Gold with high impurities but you can never do that with Bitcoin, once you are given 6 comfirmation in your wallet, you are good to go.

Portability is one of great attributes of Bitcoin compares to gold and other assets. There are detailed explanations on Bitcoin attributes of store of value.

The bullish case for Bitcoin (https://vijayboyapati.medium.com/the-bullish-case-for-bitcoin-6ecc8bdecc1)
Audio book of The bullish case for Bitcoin (https://www.bullishcaseforbitcoin.com/)
Buy the book on Amazon (https://www.amazon.com/Bullish-Case-Bitcoin-Vijay-Boyapati/dp/1737204118)

1 or 2, 3 or 6 confirmations or even more confirmations, it's up to value of the transaction, the trade and your deal with trade partner. If value of a trade is big, you will have to wait for more than 6 confirmations or split the payment into some different transactions than only one transaction.

When you make one transaction only, risk of mistake and lose money is big than make 2 or 3 transactions and lose all money by making mistake in all 2 or 3 transactions.

How many Bitcoin confirmations is enough? (https://blog.lopp.net/how-many-bitcoin-confirmations-is-enough/)

In my experience and to be fair, I don't see much difference in buying and selling both bitcoin and gold. Buying and selling gold or bitcoin in my country is very easy and fast, the only difference is that gold is physical and bitcoin is virtual. I have never had difficulty selling gold like what OP experienced even when it was a large amount of gold because in comparison, gold's liquidity is many times greater than bitcoin.

I agree, both are good assets and investments. As smart investors, we should diversify to ensure safety instead of putting all our eggs in one basket. Gold is a good option besides investing in bitcoin.

It's not hard to see what the real purpose of this thread is and the OP's purpose in spreading false information about gold.

Even though we are on the bitcoin forum and we are bitcoin investors, but I still wonder how this will benefit bitcoin? Will this make bitcoin better or will it just make others more negative about bitcoin as bitcoin investors themselves are distorting the truth and badmouthing other assets to emphasize bitcoin?

We often criticize and worse curse those who spread misinformation about bitcoin, but look we also badmouth other assets. Are we any different from those who like to talk bad about bitcoin?

It may be easy for you or for everyone here but it will be a big deal for some people, especially older people of our parents' generation. For young people or people who like to tinker with their phones, learning something new is not difficult for them because everything is a perfect product and they just need to learn how to use it. But for those who only use phones for communication and entertainment purposes, never care and have never used them beyond basic applications, it is different. Even using a bank account is quite difficult for them, so I doubt they can learn about bitcoin quickly. Meanwhile, with gold you don't even need to know much other than having money and the price of gold.
One of the obstacles to the popularity of bitcoin is technical as not everyone can grasp it easily. Because our world is not only made up of young people, people of the 6x, 7x generation are still taking over part of our world, especially from third world countries, they lack knowledge seriously because life was so difficult at that time.

gold or crypto are actually the same in the economy in the way they are invested, but the difference between the two investments is very different, seen in sales alone, they are very contradictory, gold must have goods and money but crypto is only a digital form that can be cashed in without seeing the goods.. Therefore, in my opinion everything has risks. For those who already have experience in investing in gold, there are no difficulties in selling differently and vice versa with crypto. For those who have a lot of knowledge about crypto, it is better to choose crypto over gold.

Indeed, bitcoin and gold cannot be equated because these two assets have different systems and characteristics. Gold is a traditional investment that when buying and selling we have to go to the store or in other words have to meet physically while buying and selling bitcoin we only need an internet network and smartphone and the security system is also different. But even so, people want to have both of these assets because of the same goal, which is to seek long-term profits. The point is that bitcoin was created to make it easier for us to achieve financial freedom in investing.

Yes, each of us must have both of these assets in our portfolio, make gold as a reserve fund and bitcoin as the future. because even if we need money suddenly we can sell gold, If we sell bitcoin we can't suddenly because the price of bitcoin is very volatile so when the price goes down we can't sell it.

if we talk about shortcomings, then gold and bitcoin have their respective disadvantages. However, the advantage is that bitcoin can be easily exchanged on trusted CEXs, even in large amounts. For gold, it seems we need several requirements to sell it in large quantities, especially at official places. However, bitcoin and gold are very easy to sell, but I feel that bitcoin is easier, because you can do it anywhere, even when in a pinch.

Despite all that you have said, @Marvell1, I still believe that one doesn't need to spend like five years (just saying) before they can learn about Bitcoin. Often times on this forum, we have talked about the disadvantage of forcing people to venture into Bitcoin, but if anyone (old or young) shows interest in Bitcoin investment, it would not even take them up to one year before they could know some basic things about Bitcoin, and before that one year is over, they must have even invested in Bitcoin. Like I always say, everyone has the choice of the asset they want to invest in, and before they invest in any asset, they must have already made plans of how, when, and where they can sell the asset to take their profitprofit,  because those are factors to consider before making an investment.

I did not even try selling gold, but I agree that it was more complicated and riskier compared to bitcoin. In fact, we can sell bitcoin in just a few minutes, and we don't care who's buying it. But if we talk about gold, you should clearly know the person you're dealing with. 

Some people will suggest selling them in the pawnshop; that is also a good suggestion rather than selling to certain individuals who are not quite familiar with us, which seems too risky. The process of dealing gold with other people will take time, but if you are not a techy person, you will still take this over bitcoin.

The comparison between the two is very clear: technology has great advantages, but many people usually choose the way they think and believe they are comfortable with it. 

Whether you buy gold or bitcoins, you keep it because you expect to make a profit at some point, and then you want to sell it when you need it. I think buying gold is easy to sell, I personally think you are overcomplicating selling gold. If you go to find a buyer and contact him to sell your gold there may be risk to your life, you may be killed there and your gold may be stolen. Anyway, if I'm not mistaken, the price of gold in different countries is set by the jewelers' association or the government of that country, apart from the price of new gold, the selling price of old gold is also fixed. In case of selling gold of different carats of different countries, i.e. when selling old gold jewelry, 15 percent, 30 percent or half of the purchase price is paid. Most of the people in the world buy and store gold, in many cases the ownership of gold or jewelry is changed from generation to generation. If your gold or jewelry is two to one years old, it's a different matter. Many people have gold stored for 30, 40, 50 or even over 100 years old. The price of old gold is about 3 to 4 times more than the current buying price, if there is a rule in your country to sell gold at half price, still I think you will make a profit by selling old gold.

But it is safer to  Keep bitcoin on your possession in case you wanna keep them long term  while in gold? you are always in risk of being robbed or killed because of your physical holdings .

correct , gold and bitcoin are the same but of course you must be careful of your holdings.

Some people have also been kidnapped and forced to send all of their BTC to the attacker, so many people have also been attacked online, and all their BTC's were stolen. My point is that if you know what you are doing, there is a high chance that you will store your BTC or your gold well, and it would not be stolen.

I.e. you can store your gold in a bank's safe deposit box, instead of keeping it at home. There will always be risk in holding valuable assets, it now takes the knowledge of the individual to reduce that risk.

Invest in Bitcoin, storing your bitcoin safely is good but you need more than that, for safety of your bitcoin and safety of your life too. Don't try to walk around, make noise, to inform everyone that you are a Bitcoin investor and currently own bitcoins. It's very dangerous and some past physical attack stories are enough to warn people who intend to do this dangerous practice.

Physical Bitcoin attacks (part 1) (https://github.com/jlopp/physical-bitcoin-attacks)
Physical Bitcoin attacks (part 2) (https://github.com/demining/Physical-Bitcoin-Attacks)