Housing is a fundamental human right. Every person wants to fulfill his basic needs before investing. When a person has a reasonable income after fulfilling his basic needs, he invests it.
If he does not do so, he invests from the funds he has to fulfill his basic needs, then most of the time he cannot maintain his investment portfolio.
Depositing Bitcoin for a house can definitely be a sign of a good investor because he can lose the invested Bitcoins very quickly before reaching the desired goal due to his housing.
I don’t understand how you would say this,(the bolded words) in one sentence you’re contradicting yourself is it that you don’t understand what you’re saying or what ?
I don’t know about others but most of the time I find it hard understanding what you’re saying or trying to say.
And some of the terms you use!…, I don’t know if there’s anything as discretionary law or mind….. someone please inform me what it is?
Hello lceLincoin Sorry for not understanding what I said here.
I said - if you deposit Bitcoin for the purpose of building a house, then it will not be possible to achieve the desired goal that you hope to achieve with Bitcoin.
Because currently you do not have a house.
The need for housing will force you to sell your deposited Bitcoin.
For example, suppose you have some money which was enough to build a house. Or you are planning that you need a house next year, so you start depositing money in Bitcoin from now. You may not get the desired profit from Bitcoin in this one year, the price of Bitcoin may also decrease in this one year.
That is why people talk about long-term investment in Bitcoin. As our JJG sir has been saying all the time.