Don't be intimidated

[Ale88]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Every single investor should invest only the money he can afford to lose, and this is not related to bitcoin only but every investment: stock market, real estate, you name it. The problem is that many people nowadays have no patience so they rush to buy something hoping it'll multiply its value in a few weeks but unfortunately it doesn't work like that. So a savvy investor must also have patience, a lot of it.

[posi]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

I think selling an unused property is ok since it is just sitting there idle.  It is the same as an investment that does not affect the investors.  Since an idle property is like a liability because the person just paying tax for a land that does not produce anything.  Selling it is not a bad idea plus investing the money from the sold land to Bitcoin is a good idea because in my perspective, Bitcoin is an up trending market which can give the person profit.

At the end of the day it is all about how a person believe in Bitcoin market, so the view about is it wrong or right to sell a property to invest in Bitcoin is subjective but the Bitcoin market history states that it is more likely profitable depending on when the person sold the land to invest in Bitcoin.

Are you referring to selling real estate to invest in bitcoin, and is that a wise idea? What makes you believe that bitcoin is only trending up and offers profit without risk? If you own real estate and don't use it, that doesn't mean it goes to waste, as its value also increases over time. And if you intend to sell land just because you have to pay taxes, that's silly. By the way, if you are confident about bitcoin's price increase, almost certainly, instead of advising others to sell land for investment, I think you should do it yourself.
Bitcoin has huge potential, but don't think selling land to invest in it because high return comes with high risk, old advice: only invest what we can lose with high risk assets like bitcoin.

[LogitechMouse]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but

Rush decisions often lead to losses most when it comes to investing.
Decisions that made a few minutes ago, and didn't think of what can possibly happen with your investment will always leads to losses. Well, there might be some who are lucky, but most of them lose money.

Just to impress on the forum? I mean who in the hell will do that thing? You're giving away your security just for what? Self-validation? Praise for other users here, so you will brag your Bitcoin holdings? At least let's think twice about our security when it comes to our investment first and foremost. Let's not brag our investments especially online because people might make you the target, and they will try to scam you.

Putting your entire savings into Bitcoin? TBH, I'm almost neutral on this one. Why? Because what matters is when you put your savings, and invested it into Bitcoin. I will just use myself as an example. I have $100,000 in my savings account (though I don't have one really ), and I choose to invest it into Bitcoin last year. Since I know when to buy Bitcoin, my $100,000 initial money is up already by at least 50%. If I choose to just stay it with my savings account, it will not grow. Sometimes, risking your money is the best decision, and sometimes, it can change your life as well.

[Broadanbig]

It is always there for all to see and know that bitcoin is a volatile asset so therefore anyone trading should trade with caution and also trade with spare funds or cash you can afford  loss. If anyone is selling their property to invest in bitcoin, i believe they must have made up their mind considering the fact that they are holding for a long term otherwise it is not advisable to sell your property just to please people to know that you invested in bitcoin because if it turns out to decline in value then you would likely be going in for along term holding if that was not your plans of buying.

[adaseb]

Besides maybe 1 or 2 people globally. Nobody is selling their personal place of residence to buy Bitcoin. I only heard of 2 people that did that in bitcoins history of the last decade.

Both times they sold their home and bought Bitcoin during a bull market. They ended up facing 80% drawdown but if they held they obviously are in profit. One was a single guy and the other was a family that was going to live in an RV temporarily.

However most people don’t do that. Maybe they borrow some money on credit to buy crypto but nobody actually sells their house for Bitcoin.

[yhiaali3]

The risk of selling real estate in which you and your family live or valuables you own to invest in bitcoin and cryptocurrency carries a very high risk.

I remember that some time ago I intended to travel and move to live in another country and I thought of selling my house and buying Bitcoin with that money. It seemed to me a great idea and I did not realize the risks at the time, but after a while the idea of traveling failed and I could not migrate and at the same time the price of Bitcoin fell, I thought at the time how much it was My loss is great if I sold my house to buy bitcoin and then the price fell, I would have stayed without a house and I would have probably waited many years for the price of bitcoin to rise so that I could buy another house.

[ImThour]

There should be a clear plan in mind on how to invest, when to invest and how much to invest. If you want a simple plan from me which I have done myself, this is it:

1. How to invest: Invest in Bitcoin and Ethereum, that's it. No other shitcoin/memecoin.
2. When to Invest?: When Daily RSI goes below 30, buy any amount you want.
3. How much to Invest?: Take out 10% of your salary per month for Crypto investment.

This might help you to start an investment plan.

[adzino]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Of course you shouldn't be selling your stuffs, especially assets to invest in bitcoin. That would be the worst financial decision some would make in his life. Sure, if you have some money lying around that you wouldn't need in the long run, then yes, you can invest those money as long as you can afford to lose. But I doubt anyone can afford to lose their all their "assets". In fact your properties and assets will eventually appreciate over time with you having to take less risk, so that wouldn't be a wise decision. And also you don't invest on bitcoin based on "odds". Investing in crypto isn't gambling.

[DeathAngel]

You should always do your own research & be confident enough to set your own risk level. Nobody else is in charge of your budget & how much you should invest. Having said that, you are on a bitcoin forum. People here love bitcoin so you are going to get positive comments on bitcoin & be advised to buy it. Nobody here benefits from one guy buying bitcoin unless it’s Saylor buying hundreds of thousands

Seriously though, bitcoin is a great inflation hedge, as the decades roll by you will always wish that you’d bought more so be sensible but buy a little regularly. You will be very happy in 25 years that you got into bitcoin. You don’t have to bankrupt yourself doing it but as part of a well managed & diversified portfolio, bitcoin is a must.

[ancafe]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin

It is important to understand before trying to invest and sell property that is very valuable to make an investment is not a good decision, except to sell some properties that are not productive and most importantly understand how to make the right investment.

I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

No investment is safe and we will always face risks along the way and the problem is when you are not able to face risks and try to minimize them. When you are not ready to take risks, investing is not the right place for you, therefore, before trying to invest, you should first learn how to do well. Investing with free money will not bring you to the stage of financial independence and when you rely on this method of investing it will take a long time to earn big profits. The investment capital will adjust the profit we will get and when you place a small amount of capital, the profit will also be small.

[KiaKia]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Many people who are selling properties to buy Bitcoin understands the risk and there is nothing to show off about here because if things fall apart it's going to be a huge loss for them.

Also, I believe that putting your savings into something like Bitcoin is worth the risk, it's safer than other crypto projects that can either make you or wreck you, the risks involved in Bitcoin investment is lower if we compare with other less important assets in crypto space.

What could such high risk strategy favour them if they are showing it off? I've never seen anyone posting pictures of their properties on this forum for show off, some stories about selling properties for Bitcoin are not even true, they are made up stories.

[bayudndy]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Obviously, investing is different from gambling, we need to study to understand it and have a clear plan, not just rely on information from someone to make decisions. I also know that many newcomers are attracted only with profit and they are willing to pour money into it but when they lose they cannot learn their own wrong lesson about their knowledge in this field, some of the jokes from KOLS people say to the people they have drawn into this market that you lose because of your poor capital management , yes there are tons of reasons for you to fail, but you really know about them and keep getting lost in the maze in this market.

[SOKO-DEKE]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

 It is not a good idea for someone to sell their valuable properties in order to invest in bitcoin. This is true even though bitcoin has proven to be a good investment, but because of Bitcoin nature of volatility, it is never a good idea to sell your valuables in order to purchase bitcoin, as you can never be sure of what features it will happen in the future.Therefore, all beginners should thoroughly study Bitcoin well before deciding to invest any money in it.Beginners should refrain from investing money that they can't afford to lose in the cryptocurrency sector in an effort to succeed soon.So let's invest wisely and with capital we can afford to lose.

[yudi09]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Fully responsibility exists in the person who decides to make a decision in investing.
Selling valuable property to invest into Bitcoin is not a proper recommendation to do.
There are still many other ways that can be done without having to sell property to be able to invest.

From the historical data of the existing Bitcoin price, Bitcoin can be expected by people who invest to get a greater return than other types of investment carried out in the long run.
Just like you, that I will not forbid people to invest, even I encourage people to invest in bitcoin, but there are things that must be considered such as the level of risk contained therein.

[knowngunman]

Actually, it depends.
People borrow to start up businesses. A business can be seen as a form of investment.
There are crypto traders who have people invest with them. They collect money from people, trade the money, and give the investors their share of the profit. A Very risky business, I don't advise it. 
Personally (and this is not financial advice in any way), I think it is only okay to borrow for an investment when you have in-depth knowledge of that particular investment, with some experience. And even as you borrow, make sure it's something that you'll be able to land on your feet if things go wrong.

No! This is entirely a different case. Bitcoin is not a business and you can not compare physical business with crypto. In physical business you are in full control of your business and its management. The only way to lose your money in physical business is improper management or natural disaster occurs but talking about crypto, you don't have single control over it.

In my opinion, it is not risky to borrow money and invest in Bitcoin or any other coin but it a no do thing. Don't do it at all, it's not a do or die thing. If you are interested in investing in crypto, work with your sweat and earn money to start the investment and stop thinking of borrowing money.

[kryptqnick]

The op is right that it's best to invest what one can afford to lose. If someone just has some property that sits there without any use and for some reason can't be made profit of via renting or something like that, selling it and investing into Bitcoin is an okay idea. But if that property can become very useful or is already a source of passive income (via renting), then perhaps it's the profits that should be invested, not the money from selling the property. The op says 'free money', but I don't think it should only be money someone got as a gift or something. It can be earned money, as long as it's not required for other things.

[Litzki1990]

It is true that there is never a rush to invest. Because work that is done in haste is never good. Those who have adequate understanding of the market will never be in a hurry to invest. But the opportunities that come with investing should not be missed. That is, you understand that if you invest in this period, you can earn several times the profit, the moment we should invest in that period. But selling your property in a hurry and taking a loan from the bank should never be done.

[gunhell16]

Dear newbies pls don't rush into making Bitcoin investments like selling a property very valuable to you just to impress on the forum or putting in your entire savings to purchasing Bitcoin I am not against making Bitcoin investments but
Before making Bitcoin investments always make sure the odds are safe for you  like some members here will say  "" make investments that will not affect you" in other words make investments with free money  except you have more profiting ideas than hodling

I am sure this is what other investors here do

Yes, and your warning is correct dude, because I also read that there are others who said that his house was sold and what was sold was bought with Bitcoin, even though he did not know the depth of Bitcoin.

But even so, we still need to be careful with every step and decision we make. Especially if the house and lot is your last resource. We should also have fully understood what Bitcoin is, not that we just did it because we were just carried away by being too hyped about Bitcoin, although Bitcoin is really okay in the long-term in terms of investment.

[FrozenBit]

Everyone wants to have a better life than what's going on around, there are many different opportunities in life and investing with crypto market is also an opportunity for us to become better rich. But it's clearly not for everyone, anyone who understands it, has experienced losses and persevered on the journey to success will receive a well-deserved reward, my investment view is very simple not only about money, but also have to invest a lot in knowledge and health, so that everything is comfortable on the journey to achieve the set goals.

[Solosanz]

Did you even know those users who had show their Bitcoin investment in this forum are made up stories?

They're show it because they can earn easy merit from other users, but they're not have any reason to invite people to invest in Bitcoin. So if you read such thread, it's not real and you just need to avoid to read further when it's about Bitcoin investment or things he bought from Bitcoin investment.