Post
Topic
Board Bitcoin Discussion
Re: Do you think it's still wrong selling properties for Bitcoin?
by
Oyidiya
on 27/06/2023, 02:42:56 UTC
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.

Out of the money I am seeing weekly, I can buy bitcoin using DCA, or can save the money weekly and keep it until bitcoin fall to certain price and buy. I use money to buy bitcoin directly, I mean from my salary, but my properties not what I can sell.
You make a valid point. It is generally advisable to only invest an amount that one can afford to lose in case the market goes down. Selling a valuable asset like property for Bitcoin can be a high-risk decision, and it is important to carefully consider the potential risks and rewards before making such a decision.

Investing in Bitcoin can be a speculative investment, and while it has the potential for high returns, it also carries a high degree of risk due to its volatility. Therefore, it is important to diversify one's investment portfolio and not to invest all of one's assets into Bitcoin or any other single asset.