Post
Topic
Board Beginners & Help
Re: Only Sell what you don't need.
by
Solokan
on 05/12/2023, 05:06:39 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.

Just my two cents.

As many people say, investing in BTC has to use money that is ready to be lost and I totally agree that investing in BTC has to use money that is ready to be lost.
 
but there are some people who want to invest in BTC and even sell land or so on, I don't think there's anything wrong with that as long as before investing in BTC  have to learn about the risks of investing in BTC. and I really agree with your opinion, it is true that if we use a technique like that, it will certainly mean that we will not lose our land because half the money from selling the land will be used again to buy land which is still cheap, such as land in remote areas, of course one day the price will be higher. Even in remote areas, it will definitely be expensive because land prices always increase every year. So that way will have the potential to get maximum profits, namely profits from investing in Bitcoin and also profits from investing in land.

and indeed if all the money from land sales is put into BTC it is very risky.