Quote from: Stepstowealth on Today at 09:57:54 PM

Quote from: Lida93 on November 29, 2023, 01:16:23 PM

However, you need to apply wisdom when taking such steps of selling a property to invest in bitcoin, make sure the property you are selling off you don't need it (a property you can afford to lose) because there is a risk in bitcoin investment the embedded risk of volatility shouldn't be neglected.

It should be the last thing to consider when thinking of how to raise money for investments. Even so, not all items should be sold, there are some thiings that should by any means be preserved. When you sell off items, you sell at a loss, and also create a vacuum if you cannot replace them. You will later spend the profit from your investment in replacing the sold item. If you sell your land to buy bitcoins, you will later want to buy a land when you profit from investing

I can understand selling unused items or gadgets, but properties and other real-estate properties, that's actually
hard for me to do in exchange of investing in crypto market. I would leave such asset as is and just find other disposable
ones if in case I will buy certain alts. As this market is still a very volatile one, you have no idea when will you can get profit out of your coins.