Post
Topic
Board Bitcoin Discussion
Re: Do you think it's still wrong selling properties for Bitcoin?
by
BALIK
on 26/06/2023, 13:00:37 UTC
If you will ask me, I would suggest to not to sell all your properties but instead diversify it. We all know that crypto market is very volatile and we cannot predict what will happen in the next few years, but properties value arises each year but only depends to the properties you are talking about, having both things are good and good for your future.
It's not worth it to sell your property just to buy Bitcoin unless if you are rich and own many properties then I think it's okay. It is much better if the money that will be use to buy or invest in Bitcoin came from salary like 1/3 of the salary or depends on what you do and it's not much hassle.

I also do not advocate investing in bitcoin with money that we cannot lose because the volatility of bitcoin presents us with too much risk. But there is no success without trade-offs, so selling assets to invest in bitcoin can also be considered. As long as we are willing to accept the loss of it and the loss of that property will not bring us down in life, then we can take the risk. We need to take risks to achieve tremendous success, but it takes calculation, proper planning, and not gambling. I'm not giving advice to anyone, this is just my fleeting thought as I think success requires trade-offs.