yup, gold is still the safest investment. Its value won't degrade through time unlike bitcoin where its value is so volatile. In the future, it is possible that bitcoin won't have any value but gold's price will surely increase as time goes by

you must be specific why want to invest in cryptocurrency not only "To make money".
try to learn some basic rules like " Expected Value".
price will back to rise fast again.

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Remember:
Most of the old holders sell them bitcoins and buy gold, silver, etc....
Bitcoin and other cryptocurrency is only currency not investment.

That's what the sharks want. They give the information to people selling bitcoin and bitcoin off ... they will buy the low price and push the price up. Then it will be time for those people to sell gold to buy bitcoins. trust me. Where not long

Bitcoin price went below $9000 this is true, but immediately it recovered I saw at that price is coinmarketcap.

Actually selling bitcoin and buying gold is a good idea. We no need to worry about our loss. Because the gold price will not fall like bitcoin. But suppose the bitcoin price go high then we need to worry about BTC profit.

Since bitcoin is a volatile and flexible currency investors can always choose to hold their funds divert in any other investment options. However, if someone cannot handle the volatility then it is recommended not to invest anything beyond his comfort zone. Thumb Rule of investment says, the High risk will give high returns and low risk will give low returns, so investors should take his own decision based on the situation and his comfort zone.

Future is dedicated to cryptocurrency. It is not thr good time to buy gold, but it is a suitable time to buy cryptcurrency such as bitcoin since it has a low price.

I think it's good to be diversified , should I be so fortunate I would allocate a percentage into gold , maybe 10% of my total investment portfolio

The btc price is down due to many  reasons and the impact of many factors. I do not think people are selling btc to buy gold, besides, it is impossible for people to sell out at once, causing the price to drop so fast. When btc is in good developement, they sell btc for $ 14k and buy gold, which seems unreasonable.

                                                                                                                                                                                                                          The decision is in your own hands, indeed some people are selling their btc and turning to gold investing and there are also some who survive. So, I think personally mending hold btc because gold may not necessarily also be a safe investment place

we need to see if it can break 1,400 hundred, if no, it might be another flat Year also if the fed raises rates people move out of gold to high yield bonds. I'm not overly concerned for the short time. It's a good time to get into gold, it's undervalued and will increase in time. It's prudent to even have just 4-5 ounces. Bullion to me is the way to go as a lot of the buyers only take in account the spot price of gold and disregard value the coin may have on top of that unless it's an older coin. I have gold and btc I plan on holding both for a long time but with crypto I am more apt to take profit along the way