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Author Topic: Selling Bitcoin vs. Selling Gold  (Read 1048 times)
Z-tight
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August 18, 2024, 11:39:14 AM
 #101

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
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.

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August 19, 2024, 03:11:25 AM
 #102

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.

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