Post
Topic
Board Bitcoin Discussion
Re: Future of investing bitcoins in real estate business.
by
Redley555
on 06/05/2025, 13:10:05 UTC
The first person to sell their home for bitcoin already happened in Alberta,Canada who sold his home for the equivalent of $405,000 worth of bitcoin(which was worth much less then),do keep in mind that this was like years ago when 1bitcoin was worth $70,whereas to now 1bitcoin is worth approx.$70,000.If cryptocurrency does not blow up in our face,then i think there would be a cryptocurrency for real estate,but it will be something other than bitcoin and something that a governing body would launch.
Before anyone should consider selling his house to invest in Bitcoin, he should know the risk that is involved. He should have a well designed plan to avoid regrets. It wouldn't be a bad idea to sell property to invest in Bitcoin if the individual has more than one. Real estate is a good investment, so it will be better to diversify investment than to depend only on one asset. The Canadian that sold his property to buy Bitcoin was brave, he deserves all the profits.

I won't advice anyone to sell his house and invest in Bitcoin it is risky Bitcoin is highly volatile and it fluctuates but if you must then you have to very careful

Since you're going for a long term target one should analyze the market very well