When i said that an investors should invest what he/she can afford, i meant that if any investors that doesn't have steady cashflow and you can sell a land or you have money that you split into two, the other should be the one that you will invest into so i didn't include losing of money in Bitcoin because i know that with dollars cost averaging strategy you will not losing all your money.
And i totally disagree with you when say bitcoin as some sort of gambling that you shouldn't invest what you cannot afford to lose, once you are looking Bitcoin as a gambling believe me that you will not have the mindset to buying Bitcoin aggressively or investing in a long term investment but i want to put it to that with DCA strategy it will help you recover your money, so a really investors will not think of losing but to buy Bitcoin and build up his portfolio.
For me it is not too ethical if we sell something that we already have as our long-term assets such as land or other things to be forced to be in bitcoin. Although it may sound good to some people, for me it is an imposition because in the end we still have several options including getting money that can be set aside to invest without having to sell anything we already have.
Being in bitcoin is indeed very good and indeed there must be something sacrificed in this case such as our grit and confidence that must be maintained and make self-control so that we can reduce our extravagant life a little but it will not be too worth it if we sacrifice what we already have for a long-term process such as selling property or land that we already own.
Indeed, it is allowed because after all it is the choice of each in making a decision but it needs to be emphasized that pushing ourselves too much may not end well later.
Selling your land or anything of worth in order to generate you some money to venture into bitcoin investment is not bad, but what matters most is if you can be consistent with your accumulation, if your land can be able to fetch you some money to start your bitcoin investment, not just to start but also to be consistent with your accumulation, then why not. It’s only when you know that your selling of land and properties won’t be sufficient enough to maintain and sustain your bitcoin investment for the long term goal, and not just to venture in it to make a quick profits, that’s only when the idea of selling properties is wrong because it might come to a point where you might sell off all your properties and you’ll be left with nothing and at that point you will be tempted to sell your bitcoin holdings just so you can get money to survive with, that’s why it is mostly advisable that even after selling your land to use the money generated to venture into bitcoin investment, you also need to keep it consistently, or better still you get a job where you can be earning on a weekly or monthly basis, and from there you can be accumulating your bitcoin with your discretionary income through the DCA method, also building your emergency funds along side, you’re very much good to go. As long as you’re not borrowing money or go into debt or stealing just to start bitcoin investment, I don’t think you’re over doing yourself.