With Bitcoin, a future is not clear

[carriebee]

This is really a strong move selling assets to buy bitcoin though future is not clear. As we see the market with volatile movement we cannot tell what price of btc will heading. We should think many times before doing such move just to invest in bitcoin.

[Maamejane]

Indeed some form of investment are for men only  ... This is investment and hope it yield positively and you expecting returns  in long term which make it quiet reasonable... Your future will always be bright with BTC.

[ahammedrobel]

After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

First of all according to your post Title it's shown that, still you have confusion about Bitcoin future. but you have taken a big decision and done a risky work. there is no doubt about bright future of Bitcoin but anything can happen with crypto currency. if it's price go down, it will recover must after certain time. so that you have to hold your coin to recover price when the price go down. so i think this is the best time buy BTC by your unnecessary money. as a result if you need hold your coin for the long time to get big profit, you can not face any financial problem in your real life. wish you good luck

my point is, "Buy BTC by unnecessary Money not by Land/House sell's money"

[salty]

selling land and houses for bitcoin, and renting an apartment is a very brave move. even though all success requires sacrifice, I will not do the same. however, I will try to get a large amount of bitcoin before the price reaches $ 20000. although I also believe in that, however, I know that there is still a risk of that action.

but, I appreciate your actions, because not everyone dares to take such a decision.

Everyone creates their own destiny. But if you put the family and investments in bitcoin on the side of the scales, then I would rather not risk as much as the author of this branch.It is likely that bitcoin will grow in price, but where are the guarantees?where's insurance?I wish you good luck and hope that You still made the right decision.

[bright4mech]

In every investment always be a risk taker, as long investment concern, hence always invest on what you can affordable, Secondly the prize of bitcoin can not be predictable. But base on the current prize at $10,000 per BTC, is very good to invest in a future time.

[TheUltraElite]

my point is, "Buy BTC by unnecessary Money not by Land/House sell's money"

I get your point but this is not the case with many people here. Those who are bullish on the future price of bitcoin dont really take into account the expenditure behind their investments. This is risky though and not advisable.

What you said - "unnecessary money" -- this is a oxymoron. Because money is never unnecessary unless you are living in a lap of luxury where you a lot of ancestral inheritance to waste on. So finding out some cash good enough to buy bitcoin with is often frustrating for a common man. Still my point is that we should keep aside some cash to buy coins everytime the market dips upto a limit that is sustainable.

[Xirilcandy]

NO, but I'm more concerned about increasing my portfolio, if we are in the same pace then I will like to share with you how I have been able to double my holding in bitcoin and other alts.

first thing is to familiarize with all the earning methods available which are trading, mining, and investing. The most reliable is investing. investment sector in cryptocurrency has been infested with fraudsters, you need to be careful when you are investing. there is investment platform like procoinvest which pays you double of your invested funds in 7 days after investing. For now its the best and most reliable investment platform available and also a mining platform like Genesis mining which pays you 10% weekly returns

Just type https://procoinvest.com in your browser and start investing or genesis mining if you are interested in mining.

Just my opinion. Your research may take you down another path.

[HELLOFF]

The fact is that no one can predict the further development of events in the cryptocurrency market with a 100% guarantee of success.  We will still observe not only ups, but also a drop in prices for Bitcoin, and therefore we do not need to fully focus our attention only on income from the cryptocurrency market.  No need to take loans to buy Bitcoin, because the risks are very big.  But I believe that Bitcoin can cope with its problems if the scalability problem is solved first, but at the moment it is impossible to do this in my opinion.

[bitbunnny]

Every investment is risky and unsecure, that is nothing new. Bitcoin is not exception and the risk is maybe even higher. What you always can count on with Bitcoin is volatility and that sooner or later you will experience loss. That is why is probably most important thing not to invest more than you can loose.

[yesyes18]

wow, that's some really "badass" risk but the fact is that if you know what you're doing nothing really scares you that much. We're all waiting and hoping gor something big to drop on us(i mean the market to go high). Looking at how far crypto and Bitcoin has come to, i believe there's yet more to achieve. We wish ourselves all the best.

[LogitechMouse]

Many are believing that Bitcoin will rise in the next few years but to be honest, there will always be a small chance that Bitcoin and the whole market will crash one day.

Well, I don't blame you if you believe in Bitcoin because many are believing on it to including me but one advice that I can gave is be ready for the worst situation that can happen anytime.

[buwaytress]

This kind of story always reminds me of this guy Didi:

Hard to ever see myself go down the same path, even though the guy's circumstances are basically mine: got dependents not of age. I have no problem taking risks on my own account and only for me to pay for any possible consequences. But the guy at least has the support of his family, maybe easier to jump with both feet in this case.

I wish you well, for your sakes. But I strongly discourage anyone who isn't an island to do the same.

[Miklight88]

This is just a big risk taking ever, it really take a lot courage to go in such way and I believe you will never regret this even if it takes years to bounce over $20k u expecting but am sure it will definitely surpass that when the bull returns .

So just hold yr position and never panic to sell even if it went below $10k cos no one know what it could do next but with steady n slow race it will beat yr target.

[thirdprize]

What sort of fool buys when it is going down?

[peter0425]

After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin

on3of he most riskiest decision I have read here in forum because this is not just the money is at stake but the life of the whole family instead.

I will rent a small apartment with my family

did your family decide with you as well?i mean has your wife and children’s (if does)agreed with this risk?sorry was just being concern for them

I'm happy now

well that’s enough for now while waiting

I believe that the BTC will increase to $ 20k next year.

we all believe about this but I am not risking my house for this I am enough for my investments so far

[Mpamaegbu]

After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

At $40,000 for 4bitcoin simply means that you bought when price was around $10,000 per coin. My question is, "why did you not buy a few months earlier when price was around $3,200 this year? It's a dangerous thing to chase price. And the risk you took diving in is a huge one, I must confess.

[breathlessz]

After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

At $40,000 for 4bitcoin simply means that you bought when price was around $10,000 per coin. My question is, "why did you not buy a few months earlier when price was around $3,200 this year? It's a dangerous thing to chase price. And the risk you took diving in is a huge one, I must confess.

indeed like that people who experience frustration, which can not see the future of bitcoin, need a good psychology to survive here, you are currently only floating minus a little, but here many who still hold it even though they are fighting against psychology. keep calm and re-analyze bitcoin

[jeraldskie11]

After researching the news sources, I decided to pledge my land and houses worth $ 40000. I use it to buy 4 Bitcoin
I will rent a small apartment with my family
I'm happy now
I believe that the BTC will increase to $ 20k next year.

I don't know what to say about you did. You really believe in Bitcoin that it has a great future. You sold your property just for Bitcoin. Anyway, your giving more motivation to people who are scared to buy bitcoin, I think they need to know your story. By the way, the price of Bitcoin next year possibly reach $20k at anytime.

[RonF]

Several years ago I bought over 250 bitcoin at about 250 dollars each.  Then in August I got a like amount of bitcoin cash for free.

I used this to buy a 400K new farm house on 40 acres of land, a 15K soapstone wood stove, 4k bed, and more.  I still have more than 100 bitcoin and bitcoin cash left.

Will bitcoin rise again?  You be the judge.

[conected]

Many are believing that Bitcoin will rise in the next few years but to be honest, there will always be a small chance that Bitcoin and the whole market will crash one day.

Well, I don't blame you if you believe in Bitcoin because many are believing on it to including me but one advice that I can gave is be ready for the worst situation that can happen anytime.

- It's not just a small opportunity like you said, it's always a huge opportunity, an opportunity where bitcoin can collapse and this market will bury with it because a lot of people have too high a level of trust in bitcoin, and the market is always controlled, that can become a weakness and opportunity for some of the wealthy to put us at a great loss. Plus, everyone knows bitcoin's movement, it's unclear, asking for a clear future is vague but unfortunately, many people still believe in a clear and bright future.