I have both, and have no intention of getting rid of the 50 1.8 - it has its place, it is a tiny lens that takes up no room at all, and is worth so little on resale as a used lens that there is no way I'd go to the trouble of selling it. and it goes well with my extension tubes.
It makes a good portrait lens for head shots/ upper body shots on a 1.6 crop camera, while the 30 1.4 is better for wider group shots/ interiors.
I would also advise that you part with nothing till you are sure that you are happy with the sigma. Seems there a re a fair few out there with focussing issues - though it is well worth the effort of having one calibrated.