Post
Topic
Board Beginners & Help
Re: Only Sell what you don't need.
by
coolcoinz
on 03/12/2023, 15:53:28 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.

It's not that simple.
When I see people recommend real estate investments over bitcoin, I answer them with this:
Would you recommend people to buy land in Ukraine now? In 2021 there was a popular new settlement near Kiev full of expensive villas. The place was called Bucha...

Saying that your real estate investment will always grow in value is pretty naive. Maybe if you buy an apartment in New York or London it will be true, but for that you'll need a million dollars or pounds.