Re: What did you buy with your Bitcoin as Plan B for the future?
A year or two ago, I was one of the lucky people who broke even with my investment capital and since then I made almost 800% profit on the capital that I invested in Bitcoin. I decided very early on that I would not have all my eggs in one basket and I started to sell some bitcoins to buy assets and also collectables to serve as a plan B.
How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment?
If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?
Bought a house, but of course not buy it directly with bitcoin. And now i can rent it and get money every year, in my country rent house can do monthly or yearly, well at least it is good investment.How many people sold some bitcoins for some profit and used that profit to invest in something else, just in case something went wrong with this experiment?
If you follow the same strategy, please share your thoughts on what you are buying or planning on buying to distribute your investment portfolio?
I have read most of the replies in this thread and this seems to be the best bet, because you earn rent from the property and most property prices in a good area, goes upward, so you can still sell for a profit in the future.
Property investment is only a wise choice if you bought the property without debt and if you buy property in a good location.
Keep them coming, I can see a lot of people with good ideas.
