Post
Topic
Board Beginners & Help
Re: Only Sell what you don't need.
by
Fullcoinese
on 29/11/2023, 16:59:29 UTC
Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin stead of using (risking) all the money at ones.

This is like splitting one investment asset into two or more assets. This method may be interesting and successful for those who do have understanding and experience in investing. and for beginners, you might be interested but it's better not to. As you mentioned, there are many risks.

The choice of selling land or property assets to invest in Bitcoin may require the right market momentum. like a market crash that caused the price of Bitcoin to experience a very deep decline. and it makes it possible to buy large amounts of Bitcoin for long-term investment.