Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Only Sell what you don't need.
by
doomloop
on 12/05/2024, 18:58:02 UTC
⭐ Merited by fillippone (1)
Thinking about the future is the work of the wise, every conscious person is always eager to reach his ultimate goal.
The main topic here is investing in Bitcoin. Here you have to make a decision using conscience and sense, no person or organization has the power to interfere with your decision.
It's fine if you sell your property and invest in Bitcoin, but don't let that property be your only means of living.
Yes, if the individual needs special money, then 50 to 60% of bitcoin canbe invested and the rest of the money can be used as part of the future.
No matter what, it is never a good thing to sell an asset that isn't deflationary and tends to provide a good profit over time only to invest the money in something that tends to be extremely volatile which can make the money lose value over time as well. I know that Bitcoin is considered to be one of the most profitable investment assets of this era, but that doesn't mean one should sell their lands or properties and invest the money in Bitcoin.

When making investments in Bitcoin or cryptocurrencies, one should only use the money that they know is spare and won't be needed any time soon because there is no guarantee that you are going to get profit or not and even if you do, you can't know how much time it is going to take for your investment to turn profitable.