I can not sell my land or property to buy bitcoin. It will make me look like I am risking too much and which could affect me. My property remain my property and the land will continue to increase in value too. This is what I will think and I will not sell my land. Sometimes it is not about the profit, but diversification.
Seriously, land is a great investment and it doesn't carry much risky as Bitcoin, due to volatility nature of Bitcoin and also as online investment, but if you also have a proper understanding of Bitcoin and you believe in it, there is nothing wrong with selling some of your land and investing the proceeds in Bitcoin.However, the only thing I will suggest to anyone is to avoid investing just in bitcoin or any other internet venture because they carry significant risk.
It was a good form for him to sell a portion of his land to invest in Bitcoin. Things could go south we know but isn't that what an investment is? He invested what he can afford to lose.
Sincerely, this is what we should be worried about. Don't make all of your investments in one direction; instead, strive to make a variety of them because if something goes wrong with one, the others will support it.Therefore, selling a section of land and investing in Bitcoin is a welcome idea if someone has enough land and believes in bitcoin.