Post
Topic
Board Speculation
Re: I'm All In - Sold My House!
by
bigtimespaghetti
on 03/01/2015, 13:12:44 UTC
Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.

Good luck with it though.  Kiss

I am very surprised people have sold their house to buy bitcoin.

I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.

2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.

Got a few things at $1120 peak in dec 2013.

Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.

I personally think it is never a good thing to have all your eggs in one basket.

This is something many people either learn the hard way or not at all.