We know gold is very precious metal, but Bitcoin is much more expensive than gold. Bitcoin will cross $100k after halving in 2024 ie if I invest $3000 in Bitcoin now then there is a chance of getting 10x after 2024. If I get $30000 from investing $3000, nothing can be as valuable as Bitcoin.
It seems that your math grades were so good in school that it pushed you to make big choices that most people don't normally have the courage to do, even though many realize that bitcoin is the best investment that can generate huge returns the long term
I explained this formula to my wife at night and she was not willing to give me her jewelery at first but today she told me by herself that you can sell my jewelery and invest in Bitcoin. At present I am forced to sell my wife's jewelery as I have no fiat money.
Do you give a special guarantee to the wife, that in 2024 bitcoin will reach $100k, then what if that scenario doesn't work and bitcoin is still as stable as its current price, are there any consequences for your decision?
Investment is not how big you start, but how ready you are to accept the risk and you should have understood the conditions and will not experience panic when bitcoin is hit far at a low enough price (worst case scenario). But my advice is to stay calm and don't panic when it happens, because you can wait for the recovery process, calm in investing in bitcoin will lead you to success.
I seek advice from expert investors/holders/users of this forum,,,,
whether selling my wife's jewelery and investing on bitcoins makes sense?
Is it reasonable to invest in gold rather than bitcoin?
For me this is not a smart move that you are doing, selling your wife's jewelry is the same as making her feel anxious and worried, it is different when the jewelry is purely yours. But whatever decision you make, I'm sure it has been considered very carefully.
Long term holding will always be a winner in bitcoin, never hesitate to hold on under any circumstances.