EarnOnVictor
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March 30, 2023, 12:18:18 PM |
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As much as we might want to take part in the blessings of Bitcoin, we should take it gently and be sensible about it. You should not be so desperate to sell anything in your way simply because you want to buy Bitcoin. Landed property is an asset as well, I might only consider selling about 20% of it if I so much desire to invest more in the coin.
Thankfully, no need for that as I've been in the investment environment for many years before Bitcoin, so it has been calming me. And when I know about the coin, I just moved some money there without selling any property.
I've also been sending spare money regularly to own more of it, but under ease.
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justdimin
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March 30, 2023, 01:44:22 PM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
If your land is really big and selling a small part will not make the remaining too small for whatever you have in mind, you can sell small as a means to have investment in land and also in bitcoins. Deciding to want to sell your land because you feel this year will be good for bitcoins and that you can easily get another land may be a decision you get to regret. Land is as much as an important investment as bitcoins are. I still do not think that land is a way to go because land is a limited thing as well. Think about it this way, you can print more fiat, you can even print more stocks, or you can even find more gold in the world and mine it, sure there is a limit to gold as well so I will agree with that, but bitcoin is like the land, it's limited and there are only a few good places left to buy as well, sure you can buy at a bad place and hope it gets more crowded overtime, but the good ones are already occupied. This is why selling off a land plot is not a good idea, when you have it, keep it and you would be doing a lot better in the future as well, that will gain value like crazy.
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lovesmayfamilis
Legendary
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March 30, 2023, 02:14:41 PM |
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So now there is a topic with a different direction? Someone on the forum buys yachts and bicycles and makes repairs with bitcoins, and someone else sells all this to buy it? A little funny. I saw a story about selling motorcycles and my wife's jewelry, but I think that selling something from home is not quite the right thing to do. Are people crazy about bitcoin? Why not just make regular investments without hurting yourself elsewhere? Maybe I'm very reprehensible, but I see some kind of passion in it when I hear that people take out loans, sell houses, and so on. Do not create an idol for yourself; in this case, it is greed for money, and life shows that such love always ends very badly.
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rat03gopoh
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March 30, 2023, 02:46:33 PM |
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Fine, I'll tell my slightly different version.
I later found out that I got more graphic design work in this space, so I needed a higher editing armors spec. The only thing I've gotten rid of is an old laptop turned into a custom PC by spending most of my bitcoins, that was in 2019. I didn't lose points accumulating bitcoins, and didn't have to sacrifice anything to lose. I buy bitcoins with work.
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yazher
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March 30, 2023, 03:16:34 PM |
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In our era, you don't do those things that the others did because you can just spend some time doing some bounties and use all the rewards to invest in bitcoins and just do that cycle until you decided to withdraw them all. Back then bounty campaigns are legit and only a few projects are not paying but when some scammers made their version of ICOs, that's when the problem begin, and until now the chances of getting payment from those bounties are dramatically subsided and also most of them are no longer worth to work for.
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Ultegra134
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March 30, 2023, 03:43:11 PM |
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So now there is a topic with a different direction? Someone on the forum buys yachts and bicycles and makes repairs with bitcoins, and someone else sells all this to buy it? A little funny. I saw a story about selling motorcycles and my wife's jewelry, but I think that selling something from home is not quite the right thing to do. Are people crazy about bitcoin? Why not just make regular investments without hurting yourself elsewhere? Maybe I'm very reprehensible, but I see some kind of passion in it when I hear that people take out loans, sell houses, and so on. Do not create an idol for yourself; in this case, it is greed for money, and life shows that such love always ends very badly.
I've read multiple stories on how far and beyond some people went to buy Bitcoin, although I wonder how many of these are actually true. To be honest, I believe that a large number of them are actually not sure how it exactly happened, but anyway, whatever floats their boat. Personally, I wouldn't resort to selling properties or assets in order to buy Bitcoin or any other coin. You shouldn't resort to extreme measures to conduct an investment; you'll have to set a budget you can afford, otherwise it could also be an irresponsible act.
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Dr.Bitcoin_Strange
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March 30, 2023, 06:56:07 PM |
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Well, I have not sold anything to acquire Bitcoin; my first investment in Bitcoin was made with money earned from my job. I feel it's even easier for me this time to invest because of the plan I am using, which is a "reoccurring buy" every month when I receive my salary. It's also easier for me to save my profits anytime I receive payment in Bitcoin. If a person has a job, I believe it is more prudent to invest from their salary earnings rather than selling other assets, such as land, gold jewelry, landed properties and so on to invest in Bitcoin. I have not really read of any physical things to invest in bitcoin.
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Captain Corporate
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March 30, 2023, 07:14:08 PM |
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Well, mine turned out to be an endoscopy. Long story short of my life; I had my mother in law had cancer last year, terrible year, better since September thankfully and recovered, but she had a sick dog (my wifes dog when she was not married, stayed with her family) and we took in that dog because mother in law couldn't take care of it, since the dog was sick, it couldn't walk and slept on a diaper paper type of thing. I stayed awake at night and wife stayed awake at regular hours, I worked at night to make sure I could earn some money freelancing like I always do. Thank god I have the best job in the entire world, elon musk isn't as happy as I am, its damn the best job anyone has ever had.
In the end, back-to-back, earthquakes happened in Turkey and estimates of the death toll are over 50k+ and I donated all that I saved, literally had zero money, then the dog passed away unfortunately, and then I started eating too much, which costs a lot in Turkey, when you eat fast food every day, I am sure its a lot of cost in most nations. This all destroyed my entire finance, I was literally at the brink of another debt crash very soon. Instead, that period was followed by my stomach bleeding because I started eat fast food every morning for breakfast and every night for dinner, and drank 3 litres of coca cola zero every day. This of course caused me to bleed, and I went to doctors and had an endoscopy and turns out I just have to chill.
Now, obviously, I have to just eat well, usually cheap food, like potato and such, pasta even, not spicy, not nothing, just regular basically tasteless food. This will allow me to save so much more money, less to drink, less to eat, not going out because I am sick at home, basically there is nothing to spend money on at all. And I will probably accumulate a ton of bitcoin compared to my past, not these 3-4 months because I would be paying the medical bills, but after that? I am going to get richer and richer every single month for sure, just gotta pay the bills first, and then all will be well.
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pixie85
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March 30, 2023, 07:17:15 PM Last edit: March 31, 2023, 08:27:33 PM by pixie85 |
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I'm doing it in an indirect way.
I'm not selling property so that I can turn that money into bitcoin but I'm selling some things from time to time so I don't have to sell my bitcoin and I can stack up my signature campaign profits. Without selling stuff I probably wouldn't be able to live comfortably, but I have so many unneeded things that I can keep on doing it for a long time. Most women do.
Truly one of the best ways to get more bitcoin is selling old stuff. Check if you have an old phone, or some clothes, maybe jewelry that you never wear, a watch. Sell it and get more bitcoin with the money. You'll get something for nothing and you'll feel much better, like getting 2 things done at one go.
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Viscore
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March 30, 2023, 09:53:18 PM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.
What are you doing to get yours? Let's talk
Investing in bitcoin is good, but you can always invest in it from your hard-earned money, and not from the property that you decided to sell so you can invest in bitcoin. That is a very risky decision mate. If you lose, you may lose your property as well. Good thing I don’t have any property to sell lol, just to invest in bitcoin. I just used my profits from signature campaign and when I already earn good amount, I decided to invest them in bitcoin.
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SOKO-DEKE
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March 30, 2023, 10:58:01 PM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
I will say that you made the right choice if, based on your research you believe that investing in bitcoin will be more profitable for you than the land. However, if you are selling your land and buying bitcoin instead because you have heard people saying bitcoin will increase in value in the future, I may say that you are making a mistake because you haven't made the necessary comparisons. Are you aware that investing in Bitcoin carries a higher risk than investing in land properties, I would argue that it is still advisable to diversify your portfolio by not making all of your investments in one particular asset class. Sofar is not all you are selling, I may the decision is okay. Also share me what you have sold this year to buy some Bitcoin.
Since I can only invest what I can afford to lose, I have never sold anything in order to purchase Bitcoin and I have no need to do so now. I only purchase Bitcoin when I have the funds, but I'm not in a rush to invest in virtual assets over tangible ones. And I'll tell you not to be in a rush to succeed in the bitcoin market since there's no way of knowing what will truly happen in the future. That being the case, we shouldn't put all of our money into bitcoin investments.
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Fivestar4everMVP
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March 30, 2023, 11:08:16 PM |
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Sorry but in my own honest opinion, selling your land to buy bitcoin is a stupid idea, land on its own is another great investment, I personally will not sell any of my lands to buy bitcoin, instead, I would sell cars, home theater, TV sets, other types of home appliances, anything at all that is a liability to me, I will sell it and use the money to buy bitcoin.
The only reason I would sell my land to buy bitcoin is if the land is not in a good position, or it's under dispute and I am not sure about winning it over at the end of the day, or maybe I have way too many plots of lands, way more than I would ever want or need, then, and only then, I would consider selling some as a means of diversifying my investment, the money will be invested in bitcoin, aside this reasons, I don't think I will sell Land to buy bitcoin.
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Dzwaafu11
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March 31, 2023, 07:14:48 AM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
OP Your study indicated that you made the right choice, but if I had any advice for you, I would advise against selling your land to buy bitcoin since, as you mentioned, while you believe that the price of bitcoin would increase in 2023, you cannot be certain of it. Hence, in my opinion, if you live on the land, the area will develop soon, and when you sell the land, you'll still have money left over to buy more land. I guess you can't afford to lose your land; what will happen to your plans if the Bitcoin you expect to rise doesn't? Also share me what you have sold this year to buy some Bitcoin,
I don't use to sell any of my properties to acquire bitcoin, regardless of how it is, even the ones I recently got. Instead, I use the money I can afford to buy bitcoin.
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riantolie
Jr. Member
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March 31, 2023, 08:20:46 AM |
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I never got rid of anything to buy Bitcoin, lol. I wouldn't sell a house or a car if I had one just to buy Bitcoin. I'm sure we'll see at least $100K, but when - no one knows.
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gabbie2010
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March 31, 2023, 11:37:14 AM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.
What are you doing to get yours? Let's talk
I don't think it's a good idea to do that from my own experience I bought a land from the sale of some of my Bitcoin in 2018 should I now be resale itand buy some Bitcoin? No I had already achieve one of my aims of hodling some Bitcoin after it price pumped, well it's up to any individual to decide wisely whether to sale some of their assets to buy Bitcoin with the hope of it price reaching a new ATH this year, personally I won't take such a decision because of the risk of losing a very valuable asset, I would rather source for funds somewhere else possibly borrow money to buy Bitcoin with s gradual repayment.
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hZti
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March 31, 2023, 11:56:32 AM |
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I never got rid of anything to buy Bitcoin, lol. I wouldn't sell a house or a car if I had one just to buy Bitcoin. I'm sure we'll see at least $100K, but when - no one knows.
If you sell your bitcoin you can also buy bitcoin again so I don’t see the point in your behaviour. Still it was a smart decision at least if you do look at the past. We will see what the future brings and if we can really see 100.000 usd in the future. So far it looks good and I’m also very optimistic.
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RealMalatesta
Legendary
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March 31, 2023, 12:58:24 PM |
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I still do not think that land is a way to go because land is a limited thing as well. Think about it this way, you can print more fiat, you can even print more stocks, or you can even find more gold in the world and mine it, sure there is a limit to gold as well so I will agree with that, but bitcoin is like the land, it's limited and there are only a few good places left to buy as well, sure you can buy at a bad place and hope it gets more crowded overtime, but the good ones are already occupied.
This is why selling off a land plot is not a good idea, when you have it, keep it and you would be doing a lot better in the future as well, that will gain value like crazy.
That is a good approach based on which nation you live in and where this land is located. I know for a fact that lands where I live is very valuable and I wouldn't sell the land I would ever own here (not that I would ever afford to own land here) because its a multi million populated huge city, and land here could build like 2-3 big apartments, and go for at least 10 million dollars. However, I also know a friend who lives in a very segregated area, a rural area, and the lands there go for so little that you can buy one with one salary, its really worthless and won't even be worth more than a few months salary at most in the future as well. So this logic depends on where the land is.
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lovesmayfamilis
Legendary
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Merit: 4489
✿♥‿♥✿
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March 31, 2023, 02:34:46 PM |
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In the Russian segment, there is a picture that sounds like: "When I sold my family car to buy more Bitcoins"I think, on the eve of the first of April, this picture will set you up very well for tomorrow. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) https://www.anekdot.ru/id/1360024/
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RockBell
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April 01, 2023, 09:27:46 AM |
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Everyone is waiting for bitcoin halving which might trigger bull run but one funny thing is that you can not predict bitcoin price and bitcoin has a gained a lot of awareness with more people becoming interested in it. Selling things to invest in bitcoin is a personal decision you will make personally and being aware of the risk it comes with is not bad sometimes the risk might just be what it, knowing well that bitcoin is a long time investment not hoping for a miracle to happen anytime soon. Since your mind is mad up I hope you don't end up selling ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) .
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Issa56
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April 01, 2023, 09:57:57 AM |
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Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?
Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.
What are you doing to get yours? Let's talk
Selling of properties just to accumulate bitcoin is a wrong idea, If you are investing in bitcoin, always invest what you can afford to lose. I know bitcoin bull run is coming but nobody is sure when it will happen, I don't think you should be giving people assurance that it will happen this 2023. The only thing I know I have get rid of just to invest in bitcoin is unnecessary spending, I don't really spend on things that are not really useful to me, those money that am suppose to use for things that are not really necessary, I use it to accumulate more bitcoin, but I don't sell properties to accumulate bitcoin.
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