With Bitcoin, a future is not clear

[BitBite5]

An interesting decision. Another proof that people just do not get rich. In order to make a competent decision, you should at least familiarize yourself with the new sphere and how it works. That is, we need knowledge. And to invest borrowed funds in such a risky asset is stupid.

 I agree but people often make stupid or at least reckless decisions. One of them is definitely to invest in bitcoin with borrowed money. But some users don't have enough knowledge and experience and profit is the only aim they see. Once they get disappointed and lose a lot of money maybe they will start thinking differently.

[cipherhut]

Bitcoin is a highly volatile digital asset and its future is not clear because of its non-accepting nature, once awareness about the BTC is clear then the future will be the brightest one.

[Wipangga]

I also believe that bitcoin will also grow now, because I believe that the future of bitcoin will also experience better price changes in the future, because now market prices are also slowly increasing.

[nicecrypto]

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.

If this is your believe and very sure about what you just did then why your topic is contradicting? not everyone can take such a step that you have taken because you have such strong faith in btc and believe it will grow more and double your investment that is reason you made such decision so your topic should be inline with your post. If btc future is not clear i don't think you will dare to make such sacrifice

[Mandoy]

That is a very risky thing to do. Selling a house just to buy bitcoin is a financial suicide. We cannot tell if bitcoin will really hit a good value next year. If it will go back to 20k$ after 3 years then you will have a hard time for 3 years. But what if bitcoin will no longer go up, what will happen to your family.

Bitcoin is a volatile digital product, though it has a good future but it is not wise to place all our assets into one place. But let us just hope that what you did is really the right thing to do.

[creeps]

We all don't have a secured future, we can't know what happen next to our chapter so bitcoin is not exempted on that. You made a good risky investment, life is full of uncertainty and those who have the will to take the risk for sure will succeed. Bitcoin is not clear only to those haters and fudster, but for those who made a lot of risky investment with bitcoin for sure they believe that there's a hidden gem with bitcoin. We all take risk, and the OP is one of those who trusted bitcoin will all of his life.

[BITDV]

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.

Whattt? oh my god, you're really awesome bro   .

For ordinary people the future of bitcoin is not clear. but for geeks it's not like that, they think bitcoin can be relied on as digital assets and digital payment tools that are easy to use.

More people will be using it, and even modern businesses already accept bitcoin as payment. so don't worry about the future of bitcoin. Instead I was worried about you and your family. Next time dont pledge your real asset too much and the most important is don't pledge your family with something you don't know exactly  

[Rafiqul]

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 think you have took a big risk. Future of bitcoin is always unpredictable. I wish and pray you will be success.

[shoreno]

Sure it's a big risk but the potential of earning big also there plus this idea isn't new anymore and infact other big guy's were also selling bigger properties not just a single property but with a total/complete package including appliances , cars , etc  .. 

instead of discouraging those guys , why can't we just slaute them for being courageous  . And hey, they were the ones that is helping the price to recover and skyrocket

[Johnzky]

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 remember where did I’ve read a thread that do the sans thing,a man that believes in bitcoin future from I think it’s europe

He sold he’s house and the man with he’s wife and daughters live in bush or something like that,I cannot remember the full details but what I cannot forget is the way he decide something to risk for future

Many institutions,media’s and other sites features his life and he became viral.maybe by this time he life is better now I hope

[Payme21]

Not a wise decision if you ask me. Its better off investing funds that won't hurt you in crypto because of the unpredictable nature

[keziakusayang]

You are very brave to risk it all. I think the future no one knows and no one can predict the future correctly.
many say the future of bitcoin is very good.
but your risk is very big.
I hope you are lucky

[aoluain]

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 remember where did I’ve read a thread that do the sans thing,a man that believes in bitcoin future from I think it’s europe

He sold he’s house and the man with he’s wife and daughters live in bush or something like that,I cannot remember the full details but what I cannot forget is the way he decide something to risk for future

Many institutions,media’s and other sites features his life and he became viral.maybe by this time he life is better now I hope

Yes this has happened before. A family in The Netherlands sold everything they
had and bought Bitcoin back around 2016. They are currently traveling the world in a camper van.

https://yolofamilytravel.com/

So the OP is not the first to do what he has done, more luck to the OP,
many people, the vast majority wouldnt take the risk!

[goinmerry]

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.

This is such a risky thing to do. It is not right to depend you and your family's future to a thing were not really sure of. Though we believe on the possibility that bitcoin price will rise again, even higher than it's previous record of 20K USD last 2017, it still remains uncertain.

This is not a wise decision to do, especially if you really can't afford the amount you might have to lose. Your family's future is also at stake. But I adore your courage for taking this risk. There are other people too who did the same thing as you do.

But since you said you are happy now, let's just hope for a better future of bitcoin and for you to not lose.

[Darker45]

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.

And with your decision, your future couldn't be more unclear. Was it your personal decision that you pledged your land and house to invest in BTC? I can only hope that you also asked permission from your spouse about it. This is too much for me. Even if I am a believer of Bitcoin, I would never go as far as selling my personal belongings and properties in order to invest on it. Investment in BTC may give you sweet promises but you shouldn't discount the real risks with it. Always remember that investing what you can afford to lose has been a time-tested adage.

[killat]

It's pretty risky to invest in crypto money that you cannot afford to lose. (House, loans etc).

I see here people stating Btc might be a scam,  whice personally I do bot agree. It's a decentralized digital currency, that offers insanely fast and cheap ways of sending any amount of said currency around the world in seconds to anyone, regardless of their nationality, race or religion. What's the scam exactly?

[longtkhd]

I also bought a bit of bitcoin when I realized that the market is doing well and the price of bitcoin is increasing. Hopefully, the price of bitcoin will reach $ 20000 as you are hoping because it will bring many benefits to the Bitcoin's community.

[Vannie12]

I think this is much more of a spam thread.
Yet if it is true, why would you invest all to Bitcoin and rely your future.
Investment is good for the community yet you need to think for your family. Why not invest for a business then rest can go as you want. Then you would have a fund that could circulate personally.

[izanagi narukami]

Why bitcoin become valuable today ?
TRUST

If you believe that crypto will increase, just purchase and hold it.
And at same time every people who think the same also do the same.

[spadormie]

I'm starting to think that your topic is somewhat contradicting your statement. As you said that with bitcoin, future is unclear yet you tell us that you pledged to buy 4 btc instead of buying a house. You even made a prediction that bitcoin will be $20k this year.

Bitcoin's future is unclear since it is very volatile and right now it is struggling to get back to its ATH which is your prediction. I even saw a TA says that bitcoin is showing signs of bearish.