Only Sell what you don't need.

[Fullcoinese]

Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin stead of using (risking) all the money at ones.

This is like splitting one investment asset into two or more assets. This method may be interesting and successful for those who do have understanding and experience in investing. and for beginners, you might be interested but it's better not to. As you mentioned, there are many risks.

The choice of selling land or property assets to invest in Bitcoin may require the right market momentum. like a market crash that caused the price of Bitcoin to experience a very deep decline. and it makes it possible to buy large amounts of Bitcoin for long-term investment.

[1714482210]

1714482210

[1714482210]

1714482210

[1714482210]

1714482210

[1714482210]

1714482210

[1714482210]

1714482210

[1714482210]

1714482210

[EluguHcman]

make sure the property you are selling off you don't need it (a property you can afford to lose) because there is a risk in bitcoin investment the embedded risk of volatility shouldn't be neglected.

I agree with You at OP but at other hand, the application of fear doesn't make good counts in chasing wealth unless the sector of the wealth generation is flexible to your wills otherwise you have to Invest with what in meaningful so to achieve meaningful results as an income.
You must understand that there some useful properties that are not in used in a meantime but doesn't mean it is useless, there are also properties tends to be liabilities which could still be in used.
So, looking at this, can sell them not just at any cause but insighting on the course of investing to creat wealths.

The embedded risk in the Bitcoin volatility isn't a threat to its investors as long one is conciously hold of its private keys and is determined to patient and trades on a long-term running. As long Bitcoin remains reliable it is worth placing bet on as long you don't stake with a borrowed fun or sold ones properties to acquire capital to invest.

[boyptc]

IMHO those that have sold their properties to buy Bitcoin have really think of it for so many times. Maybe there are some few of them that never really did but just did it due to the hype and that's the mistake for doing this.

While the family that's known for doing this have been doing well now and there's left and right engagement because that decision was like the best decision so far.

But not everyone is going to have the same path as his and this is a good reminder for those that thinks that they should own Bitcoin and sacrifice their property. Before doing that, you can always consider to DCA.

[Frankolala]

OP, it depends on the property that the person is willing to sell because you are only emphasing on land but it is not only land that is a property that people in this forum have sold. If it is an asset like land, then there is no need to sell such asset because it will appreciate with time. Instead, you should look for another means to make earnings so that you can use that to invest in bitcoin.

However, if it is a property that will depreciate, like bike or household properties, it will be good when they are sold to invest in bitcoin because with time they will depreciate and might even need you to keep maintaining them with the funds on you. If you sell such and buy bitcoin, you will make profit from your bitcoin investment and buy back those properties and still have some fractions of bitcoin in your wallet after the bull run.

[Marykeller]

It is important that we use wisdom and intellect in anything we plan to do. We don't have to exchange our valuable item for something else just because we think it's more important than the other, especially if there are reasonable alternatives to obtain the valuable item we traded elsewhere, no matter how little it is.

In my opinion, it is not thoughtful for someone to sell all of their property, like land, and use the entire proceeds to invest in bitcoin without retaining any portion of the proceeds or using it to purchase a smaller piece of land elsewhere in case the person's bitcoin investment is later defrauded or hack by scammers. In other words, the recently purchased landed property won't turn out the same because there's a chance its value will increase with time.

Therefore, it's okay if someone uses some of the proceeds from the sale of their land(no matter how little)to purchase land elsewhere because both bitcoin and landed property  increase in value over time.

[TakeItEasy]

This is like splitting one investment asset into two or more assets. This method may be interesting and successful for those who do have understanding and experience in investing. and for beginners, you might be interested but it's better not to. As you mentioned, there are many risks.

The choice of selling land or property assets to invest in Bitcoin may require the right market momentum. like a market crash that caused the price of Bitcoin to experience a very deep decline. and it makes it possible to buy large amounts of Bitcoin for long-term investment.

Buying one coin is only risk for example if  a person who have more invest like I can say he has invested all his money in a single coin then it would definitely be too risk for that person who only have funds in one coins right now. If that coin falls then he will be in huge loss, but if that coin go up then he can get a good profit. So, there will be a 50% chance in each case. And when he splits the investment in more coins then there will be less risks and may be he got some good profit from 3-4 different coins.

And also, in the crypto and for the crypto taking loan from other and selling own house I don't think it make a sense, because it would be too risky and that no one like to sell his house for more risky tasks.

[mvdheuvel1983]

I say do whatever you want as long as you have the full conviction and the right knowledge. I know a Bitcoin maximalist that liquidated his stocks and real estate investments and turned all of it into bitcoin investments. These folks do not give two fucks about investing what you can afford to lose. They go all in 100%.

Albeit, this is a solid advice from the OP especially for small bitcoin holders and retail investors.

[Renampun]

...
Lastly, whatever property you have decided you must sell off,  you could always sell divide the money, use part of the money realized to invest in bitcoin stead of using all of it, and then using the other amount remaining to buy another of that property elsewhere for a lower rate.

Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin stead of using (risking) all the money at ones.

Just my two cents.

Every investment made must have the aim of making a profit and those who invest in Bitcoin are expected to make a profit in the future. However, for prospective Bitcoin investors, it is better for you to prioritize important things first, such as a house or land, don't let your family live in a rented house while you have a lot of Bitcoin. investing in bitcoin must be smart, always sell liabilities to buy bitcoin, don't use money that you can't afford to lose because the effect will be fatal, if you hear that there are bitcoin investors who are trading in large amounts of bitcoin, believe me that person already has safe assets first then he invested in bitcoin.

[AprilioMP]

Have seen many posts in the forum posters sharing their excitement about how they sold their property's to buy bitcoin and that's what called for this thread. Some claim to have sold land/landed properties, cars and other equipments. Yeah' no body has a right to dictate for you on how or what to do with your property , it is yours anyways.

Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin stead of using (risking) all the money at ones.

The gleeful claims of having sold the property made by posters on this forum do not strike me as entirely justified and I harbor doubts about such claims. Even if it is true, it has absolutely nothing to do with me because what is being sold is theirs, not mine.

People's investing intelligence is different. Whatever the reality of the matter, it seems to me that you have opened up a discussion that could possibly reduce the extremes of Bitcoin investment.
People's intelligence in making money or assets sit idle without making a profit is different. Investors who are wise in their thinking will probably not invest by selling property.
Selling land, if not more than one house for me is impossible with the assumption of where he will live when the house is sold. If house 1 is sold, he can live in house 2.

Going back to the OP's first paragraph, what is being sold is the asset. It is clear that this is their right and we cannot dictate it.

[Coyster]

I say do whatever you want as long as you have the full conviction and the right knowledge. I know a Bitcoin maximalist that liquidated his stocks and real estate investments and turned all of it into bitcoin investments. These folks do not give two fucks about investing what you can afford to lose. They go all in 100%.

Of course you can't tell people what to do with their money, but there's a rule of thumb that you shouldn't take loans or sell your properties to invest in Bitcoin, and that's because Bitcoin isn't a get rich scheme like many people imagine and quite a lot of times people buy Bitcoin with money they can't afford to lose and money they need for something important in RL, thus when they need the money, it is possible that Bitcoin price has dumped and they have to sell at a loss.

That being said, Bitcoin is not going to fail like most altcoins do and if you can hodl it without needing the money in the long term, then you can buy with any amount you feel is right, but don't take a risk on Bitcoin because other people did the same thing.

[JunaidAzizi]

Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin instead of using (risking) all the money at once.

I agree with your suggestion mate,  a lot of people come to investing but they make a very big mistake and they think that through the profits that they earn within two to three days (as they think), they can regain that thing again but when they came to the market the situation was change and they stuck their funds in it and they face a huge loss.  So they suggest that someone can not invest all his funds in the crypto market but make some investments in the off-market also so if you can face any loss you have a Mother's investment and your work will go smoothly without any disturbance. So advise all the new and all the old persons to use the concept of Op in investing so you will be fine in both off-market and online markets.

[Mate2237]

Op you made some vital points but as for me personally and I don't know for others. I don't too much see a very severe risk in Bitcoin investment that making people to talk about it always. Because the way I see Bitcoin investment is that, before you key into it you have to plan ohe it going to be and the duration of the investment. You don't have to buy Bitcoin and just started investing in it. Before going into, you have to understand the bear time of the investment and the bull time of the investment.

I have not really supported the selling of landed property to buy Bitcoin because Bitcoin is not a system you get your small profit in a short time but a very long time. And if you can't wait and the land is own by the family, they will definitely disturb you. And at that process, you would like to sell and settled them and bear is at the lower bear market and you will be at the lost side of the investment. Therefore be careful with the family properties.

[Luzin]

I have not really supported the selling of landed property to buy Bitcoin because Bitcoin is not a system you get your small profit in a short time but a very long time.

I came from quite a family but didn't have much money to begin with. We have a house, land but I will not touch for investment purposes because indeed it still belongs to the parents. In fact, I have no intention to sell the property for investment purposes. I think more about staying safe investing according to my capital and ability. In fact, you need to know when 2015 I started trading with only $40. It was quite big because I was in college. So it's better to start with what you have without making new risks by selling property. If you fail then you won't suffer too much but if you fail and your property runs out it will make you worse.

[Luffygroove]

This advice caters to different investment philosophies. For those prioritizing safety, it emphasizes diversification, urging caution against putting all investments in one place. Yet, for savvy investors embracing the "high profit, high risk" mantra, safety isn't compromised; rather, it hinges on market mastery. Recognizing the cyclical nature of assets, a strategic approach emerges. For instance, selling property during a crypto bear market and capitalizing on Bitcoin's bull run, especially during halving periods. The trick lies in alternating investments wisely, maximizing gains from both avenues. This dynamic strategy, if understood, enables foreign investors to navigate the market intelligently, ensuring optimal returns through careful asset allocation.

[LogitechMouse]

~
Just my two cents.

Well, I want to agree with you, but whenever an investor goes, and sells their belongings (including property), I believe that they've decided it twice or thrice before doing it because the involved money is so huge that they might get affected when they lose it.

I don't know if there are some here who sold their property and ended up losing money investing in Bitcoin. Maybe those who sold their properties, and then bought Bitcoin when it was at its peak are the ones, but those who sold their property let's say last year, for sure doubled their money already. After all, it's all about risk management. If you believe that what you're doing will be beneficial for you in the long term then by all means do it. If you believe that selling your property today and buying Bitcoin will be good for you, as long as there is nobody that will stop you then do it.

I know that there are some who don't like the idea of selling some of their belongings just to buy Bitcoin, but take note that there are some who risked it all, sold their properties, then bought Bitcoin, and their money doubled or even tripled already. Like I said, it's all about risk. As for OP, there's nothing wrong with your opinion. It's just that there are some people who want to risk it all because... because they are afraid to lose their potential profits.

[Lida93]

~
Just my two cents.

Well, I want to agree with you, but whenever an investor goes, and sells their belongings (including property), I believe that they've decided it twice or thrice before doing it because the involved money is so huge that they might get affected when they lose it.

Agreed, though not all investors think it twice before take off, there are some that invest out of the fear of not missing out probably in the next profit (bull run) that may  occur. It's like I see people doing it so let me just join the queue by selling a property to invest too; but for those that did think twice with a scrutinize mapped out plan they always get what they want from bitcoin.

I know that there are some who don't like the idea of selling some of their belongings just to buy Bitcoin, but take note that there are some who risked it all, sold their properties, then bought Bitcoin, and their money doubled or even tripled already. Like I said, it's all about risk. As for OP, there's nothing wrong with your opinion. It's just that there are some people who want to risk it all because... because they are afraid to lose their potential profits.

I guess those that don't buy the idea of selling their property to buy bitcoin are as a result of how or what they might have passed through to acquire such property and to them they feel it's not worth risking with it so they prefer scrapping out another alternative to get money to buy and invest in bitcoin. Yes, people that are so confident about what they are doing tend to risk it all, like you mentioned about investors that bought bitcoin last year when it was low, they understood the time that it was the perfect  dip for those that have missed out of the last ATH.  So anyone that's ready to risk it all must be in the know and with a plan to invest for a long term as possible.

[SPARE]

Lately there are many posts of this type saying that they are selling their property and investing in Bitcoin. It is true that what one does with his property is his own business. No one has the right to interfere. But selling your property and investing in Bitcoin is very risky because  Investing in bitcoins is very risky because your wealth can go down here, so to those who are doing this and investing in bitcoins by selling their assets, I would advise you not to invest all your selling money but to invest some part of it so that even if you lose it, you will gain something.  No, such extra money should be invested in your Bitcoin because Bitcoin is very risky.

[Samlucky O]

Lastly, whatever property you have decided you must sell off,  you could always sell divide the money, use part of the money realized to invest in bitcoin stead of using all of it, and then using the other amount remaining to buy another of that property elsewhere for a lower rate.

Now this is what I mean: assuming you sold your piece of landform $20k, you use $10-13k to invest in bitcoin and the remaining $7k to buy another land somewhere at a cheap rate. Surely, with years the value of that land will always appreciate so you still have a land (only that it's at a different location) while you invest in bitcoin stead of using (risking) all the money at ones.

Just my two cents.

You right about you analysis. Despite we are thinking of selling property to buy bitcoin, I think there is a need to also be careful, nobody is doubting Bitcoin capability but it's just like diversification of potfolio, not putting all your eggs in one basketball. Just like the way you narrated, selling of land for example $30k and use $13k dollar to buy bitcoin and $7k for land. If you really check, the more the world is growing, so is civilization. For example the place you baught land at $7k, in 10 years later it will turn to a city. and that your land becomes a target for investors or people. And if you are willing to sell, you might make 5x or 7x of your capital. There is also volatility in land and the advantage of it, is that it's always appreciate in value and never depreciate.

[icalical]

I don't think 'need' is the correct term, if we talk about investment and diversifying portfolio, investment itself is not a necessity, we can still survive without our portfolio. And people invest only after their basic needs is fulfilled. We could sell when we think we can make more profit in Bitcoin instead of in current investment.

[Adams0001]

Thanks op for this thread,  I have also read about stories people claimed to have sold their properties to invest in bitcoin. What I have to say is that instead of selling every asset to invest in bitcoin it is better to still have these asset and also try to make bitcoin another asset add to the existing ones. Investing in Bitcoin is good thing, but when planning to sell other properties to invest in bitcoin one really needs to think to be sure if the property really needs to be sold out not just because of they feel to invest in bitcoin. When it comes to investment people needs to apply wisdom to think thoroughly not to make mistakes that will lead to regrets in the future.

Some people sell their properties to invest in bitcoin because they have other assets to keep because a person who understands bitcoin will not sell all of his assets to invest in bitcoin to make a profit because he knows it is volatile, but I won't blame some people who don't have any source of income and sell all of their properties to invest in bitcoin because they believe they will make a profit and are prepared to lose at any time. But in my opinion, all of the people who sell land or other property and invest in bitcoin are people who don't have much knowledge about it and they confused them to invest in bitcoin and they don't tell them the negative side about it, they only tell them the benefits and fail to tell them the risk part, and they will try to use whatever they get to invest and get profit because they don't believe they will lose any of their funds they invest in bitcoin.