Post
Topic
Board Bitcoin Discussion
Re: Do you think it's still wrong selling properties for Bitcoin?
by
tygeade
on 28/06/2023, 12:38:31 UTC
In my personal opinion, this is not a matter of right or wrong, but more to do or not.
And "suitable" for each person is different.
On the one hand, sometimes this decision really benefits someone and makes them earn more money. And this happens not only because of luck, but there are those concerned who really understand the right time to buy and then sell it. Not a new person who appeared in the crypto world during a bullish trend.

but on the other hand, it may not be at all suitable for others who are just getting into the world of crypto business, for people who do not understand the risks and how to manage them properly at the right time.

Apart from that, there are other considerations when someone sells their property, whether it is the only property or not. If that was the only thing, I would never recommend this to anyone.
I agree that not having expertise would be a trouble, it should be a big deal where you need to have a small amount of trouble that could result in not a great response. I am not saying that you should be doing it because it's a good thing or a bad thing neither, I do not want to put a black and white line to this, but it is not that easy for newbies for sure.

If you know what you are doing, if you can hold long enough, and if you have proven to yourself that you can hold long enough, bitcoin could be more profitable than property for sure, not a lot of property goes up like that. But if you are unsure about it, then maybe it would make more sense to just keep it and not invest into bitcoin before you are certain about it.