Post
Topic
Board Beginners & Help
Re: Only Sell what you don't need.
by
macson
on 01/12/2023, 21:38:55 UTC
snip

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.

Just my two cents.
Even though your idea is good, not everyone is willing to sell their land because there are several factors that limit it, one of which is memories and also the hope that the value of the land will increase many fold, i still remember one of the members here made a good post, for an asset like property is actually not much different from bitcoin, the price will rise if the location is strategic and usually a lot of land will not sell because the location is not strategic and the price is expensive, so don't be surprised that some land will sell for decades to come.  Bitcoin investment is really good and very profitable, but if you want to sell your property, think about it carefully unless you are very sure and reckless.