I am this close to making double of my money yesterday when I looked at my Bitcoin wallet, this was the Bitcoin I bought at 17k with two acres of farm lands I sold in 2022, I still feel very happy right now because of my decision, I believe that some risks are worth taking and mine is paying off, some people tried to talk me out of this, if I have keep the lands yes it could grow big in future, but the fastest growth of Bitcoin is far more enticing for me.
I am not trying to tell anyone to sell their properties to buy Butcoin, I have more lands that's why I am able to sell for Bitcoin, I think it's wrong having a land or two and sell because of Bitcoin, but if you have more, it's going to worth the risk, nothing grows insanely well like bitcoin does.
I am excited to see how 2024 and 2025 will play out, tell me, is anyone taking such risks with Bitcoin investment? Do you think I went too far selling something as valuable as lands?
The key lies in several things:
1. You still have other assets, so selling a few percent of what you have won't be a problem
2. You buy Bitcoin when the price is not in a high state, it is bearish, but if the situation is the other way around where you buy at a high price then you are currently probably stressed because your Bitcoin has decreased in USD.
Of course, it would be better for you not to advise people to do the same as you, because that is a risky suggestion, especially if that person only thinks that Bitcoin can make him rich in an instant, even though investing in Bitcoin requires patience to see it give the benefits that it deserves. It is hoped that the longer you keep it the better because the movement is more certain in providing benefits.