After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.
I appreciate your actions because not everyone dares to make decisions like that. Bitcoin value growth nobody knows exactly. But the possibilities are endless. It could also go down to $ 4,000. If that happens, I hope you will continue to HODL.
The volatile market is tough to predict if you take this actions its needs being supported by long patience and trust to this industry, by trusting your investment only means that you have a good anticipations and you are more than willing to take the risk to follow the market. Though there's no clear
assurance that the value will bounced back and provided decent profits.
Keep in mind that sideways is the hindrances to fulfill your dream success, overcoming everything and extending your patience is a must.
If we consider Bitcoin only as a means of investment and earnings due to volatility, then for the entire period of the existence of Bitcoin, this coin will lose its relevance, since its value will fall sooner or later. The main interest of investors in Bitcoin should be not only in the possibility of using Bitcoin as a means of payment, but also in the ability to carry out safe and fast transfers of large amounts of funds using Bitcoin. And if this opportunity will be implemented in the coming years, then definitely Bitcoin will increase in price by tens or maybe hundreds of times. But today, the main problem is scaling to implement all these plans. Although experts say that scaling can be a problem if you want to buy a cup of coffee in a store and spend only a couple of minutes on it, but to transfer large amounts of funds it will take no more time than in a regular bank transfer.