I will invest the money to buy the land in Bitcoin.

[traderethereum]

You have a good plan to start investing in bitcoin. Yes, you can invest in bitcoin whenever you are ready and want.
The important thing in investing in bitcoin is that you know how much money you want to invest in the sense of only using money that you can afford. When investing in bitcoin, you can use the DCA strategy, which has helped many people own more bitcoin.
If more government people had open minds like you, it would accelerate the adoption of bitcoin so that the government could accept bitcoin as a financial instrument.
The government will not see the negative side of bitcoin but also the positive side of bitcoin so that they can accept bitcoin as something that has benefits for their finances.

[AVE5]

I should believe to understand that when you have plans to acquire some sorts of properties probably that is just to be secured and not to be in a current use and you are not ready about its usage and also considering the amount of money needed to purchase the property, it is wise enough if you can Invest the realized money set for the purchase and lure it to Investment system whereas it would profer you some sorts of income to enable you attain the requirements to you can obtain your desires.
That is a great one for you at OP. I don't know your taste or desired quality of land you needed but it should be believe that the accumulated funds saved in my he bank for those couple of years would had offered you an appreciable income hopefully having you the phase to reaching your point of goals in acquiring your desires.
Bitcoin is no just a means to save your money but also an assets to trade and make profits so saving a not now usable fund in the bank seems worthless.

[dimonstration]

Since I have like 11 thousand dollars right now, I want to invest this amount in Bitcoin instead of keeping it in the bank. I know about investing in bitcoins and I know that there are risks involved, I am investing in the potential to grow money but I want to invest in bitcoins with the understanding that my money may go down due to market volatility. I decided to withdraw the money from the bank at the beginning of the new year and plan to invest the money in bitcoins. Now that I can't buy land, I will definitely hold this investment for a long time so that I get good returns at the end of the long term and I can also accumulate some more money through employment. 

At the time I planned it I felt I should have planned it earlier.

I would say that this is really a good decision if you are looking for a really long term investment. Understanding the risk is reslly necessary but you should invest only what you can afford to lose since you are just probably just hype due to the recent price of Bitcoin which is the common mistakes of newbie that usually end up in regret later on.

I really like Bitcoin investment in general but we are talking about life savings here that you earned for many years. I just think that you should only invest part of it instead of investing all to Bitcoin just to make sure that will still have some money in time that your plan didn’t go well initially.

[Franctoshi]

From reading your post, It tells you already know the risks involved with investing in Bitcoin and therefore have made up your mind, good for you so far it something that pleases your heart, and truly we are at the verge of a new bull market cycle and I would say this is when investment and time is in agreement, But still I would suggest you put greater part or half of the money in Bitcoin and use half to buy a land in a place that the money can afford to buy a land than keeping in the bank to avoid being robbed by inflation and until when your investment in Bitcoin is mature then you can sell both the land and Bitcoin to now buy land in a place that meets your desire.

[yazher]

I think that's the most interesting idea you could make especially in the halving season next year because it will gonna be a whole lot of excitement for the investors since they are witnessing another history in the making and at the same time their investment is multiplying. But of course, this is the same thing as the others when it comes to this kind of decision because no matter what happens, you will be the only one left and consider these advises just other opinions and make a decision on your investment in your own so that you won't be regretting it when things won't go as you were looking for.

[TelolettOm]

I am a government servant, working in regional land office.  At the end of five years of my working life, I have spent part of the salary I received during these five years for family and saved part for future.

This is a good condition, especially because you are a government servant. On my local exchange, government servants are actually not allowed to register on the exchange or invest in crypto because they are afraid of money laundering. So, if there is and can be, this is really good.

Since I have like 11 thousand dollars right now, I want to invest this amount in Bitcoin instead of keeping it in the bank. I know about investing in bitcoins and I know that there are risks involved, I am investing in the potential to grow money but I want to invest in bitcoins with the understanding that my money may go down due to market volatility.

One of the points here, as long as you understand Bitcoin, have sufficient knowledge about investing in Bitcoin, and moreover the risks of investing in Bitcoin, then you are ready. Therefore, maybe this is a good decision for you to invest this money in Bitcoin with all the risks. Anyway, you also have to keep an eye on the market, because you don't miss the moment if one day you have to take profits. and of course, seriously secure your assets and maintain their privacy for the security of you and your assets.

[DabsPoorVersion]

Since I have like 11 thousand dollars right now, I want to invest this amount in Bitcoin instead of keeping it in the bank. I know about investing in bitcoins and I know that there are risks involved, I am investing in the potential to grow money but I want to invest in bitcoins with the understanding that my money may go down due to market volatility. I decided to withdraw the money from the bank at the beginning of the new year and plan to invest the money in bitcoins. Now that I can't buy land, I will definitely hold this investment for a long time so that I get good returns at the end of the long term and I can also accumulate some more money through employment. 

At the time I planned it I felt I should have planned it earlier.

The current market price of Bitcoin reached above $40k. Some other people already consider it as a sign of bull run or a possible correction may happen anytime soon. Your plan of investing your money in Bitcoin next year is a good idea, but always remember not to invest it in one go. This may lead you to having regret if ever you see the value of your investment to decrease if ever we have a pullback in the price of Bitcoin.

Remember, don't invest your money in a lump sum. You better have to be patient and know how would you invest all of your money. As you said, you know how to invest in Bitcoin, build your strategy and let us all accumulate until the next bull run.

[LogitechMouse]

Re: I will invest the money to buy the land in Bitcoin.

I will not blame you if the people around you say to you that you need to put your money in the bank because is safe there and it's growing. I just can't imagine that you manage to waste 5 years just because instead of putting your money into an investment, you stored it in a bank. Well, it is what it is but the good thing is that you finally realize that investing your $11,000 will give you more money than just storing it in a bank.

Overall, we will all agree with what you shared with us. I mean you are in a Bitcoin forum so what do you expect? As long as you know the risks that you are facing by investing "ALL" of your saved money into Bitcoin then there's nothing wrong about it. As long as you're ready with the market volatility then it's a good decision.

Going all in with Bitcoin isn't a bad idea. Well, what I can suggest is to diversify your money, and when I mean diversify, I mean diversify it into different asset types, and not only on Bitcoin. If you want to focus all of your money on Bitcoin then it's all good because, at the end of the day, it's your money. Your money, your decisions, your responsibilities.

[Blitzboy]

Bitcoin represents decentralized finance, not merely a digital asset. It's admirable that you acknowledge the risks and proceed. This investment shows your faith in blockchain's disruptive ability.

The emotional rollercoaster of Bitcoin's price volatility - are you ready? Experience is different from theoretical understanding of market swings. Your long-term hold plan is great, but it takes resilience as well as patience. Can you handle downturns without panicking?

Have you evaluated your market entry timing? Political events, legislative changes, and technological advances affect Bitcoin's price. A timely entry could boost your investment. Do your research, be informed, and may your Bitcoin adventure be enjoyable and illuminating.

[retreat]

If that's your decision, go ahead, we support your decision to invest your money in Bitcoin. However, as a wise man said, "don't put all your money in one basket," it is true that investing in Bitcoin is profitable, but you need to set aside money as a reserve just in case something happens and you need to diversify your investment, whether a little in gold or other instruments, that way you can prevent excessive losses if your investment in Bitcoin does not run smoothly.

[panganib999]

Pretty good decision if I do say so myself. But before you finally push the button and get yourself BTCs with the money you have right now, ask yourself a few questions first:

1. How long am I willing to wait should a dry spell come around?
2. Is the money that I invested in bitcoin something that I'd be able to live without should the market crash?
3. Is there a particular amount that I'm shooting for?
4. Have I made proper research and studies about the bitcoin network, and have I made sure that this investment venture's the best for me?

Once these questions are taken care of, you can start investing in bitcoin. The thing is that these ensures that you don't run into personal turmoil as well other decision-making issues later down the line. Basically this sets you up to make sure that no matter what happens, your mind is made up with bitcoin and you're not gonna change it too easy.

[Gaza13]

Yes, of course, if you buy a plot of land, people who are financially capable will definitely buy land in urban areas, of course the price of land in the city will be much more expensive than the price of land in rural areas, but you haven't found what you want in that area. a plot of land. If I see you want to double your money, if you keep it longer in the bank, of course you will be exposed to inflation.

Wherever the world of investment is, it is full of risks. In my opinion, investment is like doing business, the results of our work (our money) are what we earn while working, it's no longer you who work. Money seeks profit (money) and the results are given to the master who has money.

Bitcoin has a 4 year halving phase, if you put your money in this year it is right and you will feel it when the halving arrives. In fact, investing in Bitcoin has no additional costs or other improvements, apart from just buying and selling and our fee to the wallet to store our bitcoins, if you buy a plot of land and a building, you will definitely have other additional costs, whether there are any. repairs in any case, that will affect our full profit due to these costs, land profits are not 100% of course minus the costs during the repairs to your house so far, of course bitcoin is far superior in terms of percent profit, the costs of When you first buy, a fee is added to your personal wallet, and the fee goes back to the exchange and the fee for selling it. As long as you keep your bitcoins for 20 years there are no repair costs, unlike property.

[synchronym]

I am a government servant, working in regional land office.  At the end of five years of my working life, I have spent part of the salary I received during these five years for family and saved part for future. I have been saving my money in the bank for more than five years for the purpose of saving for the future and purchasing a land. If I were to mention the amount of money I saved in five years, it would be about 11 thousand dollars if converted to US dollars. My plan was to buy a land with this amount of money but whenever looking for land to buy land my idea completely changes because the lands I like will not give me this amount of money. If I can't buy land in a position, I have no desire to buy land in a common place.  

Since I have like 11 thousand dollars right now, I want to invest this amount in Bitcoin instead of keeping it in the bank. I know about investing in bitcoins and I know that there are risks involved, I am investing in the potential to grow money but I want to invest in bitcoins with the understanding that my money may go down due to market volatility. I decided to withdraw the money from the bank at the beginning of the new year and plan to invest the money in bitcoins. Now that I can't buy land, I will definitely hold this investment for a long time so that I get good returns at the end of the long term and I can also accumulate some more money through employment.  

At the time I planned it I felt I should have planned it earlier.

You can definitely invest your five years savings in Bitcoin. But I think you should invest first 6000 USD from the 11 thousand USD you have without investing all your savings in Bitcoin. Since Bitcoin requires long-term planning. I think it is better not to invest all your money at once. Investing Bitcoin is risky so you should invest Bitcoin with caution.

[Distinctin]

Your decision to invest in bitcoin is actually the best decision you could ever make that will definitely create life's big changes in the future. Although it's undeniable that owning a land property is also a profitable asset, but if compared to bitcoin, the profits from land property is indeed of less value compared to what you can gained from bitcoin investment. But still, invest with caution. Bitcoin investment cannot guarantee sure profits in the end so learn to invest on the amount you can afford to lose.

However, I think OP is already aware about the risks investing in bitcoin so he should not be too much confident that he'll only gain winnings but losses as well.

[KiaKia]

With 11k on ground and as a newbie? I will use $150 to $200 of that money to first purchase a hardware wallet.

You want something that's as safe as your bank account? Hardware is the answer for that big amount of money, don't you dare keep such on your smartphone crypto wallet.

Your decision is a good one, lands takes a very long time to turn into something very good, maybe 10 years? The last one I got is just double in price if I have to sell right now and it's been over four years already, if I have invested the money in Bitcoin I could have make better ROI.

My worries for you is the fact that you are a newbie, I don't want you to go make some mistakes that will cost you your hard earned money, I hope you take my advice very seriously, pls order for a hardware wallet, a Trezor or KeepKey would do just fine, go on Youtube to watch videos how to use it and you will be good.

[Ahli38]

Well, saving money in the bank will only make the value of our money continue to decline because it is eroded by inflation which actually continues to grow. The amount of money may not decrease. But its value will decrease. Because I realize that even in conditions of controlled inflation it does not mean that inflation has stopped. Yes, inflation continues to occur, although at a level that can still be controlled. And it will be felt in the long run.

However, if we prefer to invest money in Bitcoin for the long term then we at least know that Bitcoin has a history of increases and always passes its previous highest level. At least that's what has happened in several previous bitcoin halvings. But that's not a certainty. And I'm glad you already know the risks involved in investing in Bitcoin. However, investing in bitcoin also has high risks. I recommend that you invest gradually by accumulating using the DCA method. Don't rush and keep doing it calmly and calculatingly.

[Z_MBFM]

I am a government servant, working in regional land office.  At the end of five years of my working life, I have spent part of the salary I received during these five years for family and saved part for future. I have been saving my money in the bank for more than five years for the purpose of saving for the future and purchasing a land. If I were to mention the amount of money I saved in five years, it would be about 11 thousand dollars if converted to US dollars. My plan was to buy a land with this amount of money but whenever looking for land to buy land my idea completely changes because the lands I like will not give me this amount of money. If I can't buy land in a position, I have no desire to buy land in a common place. 

You can buy land at any place but it should be along a road then you will get good returns from it very quickly. The price of land keeps increasing because every country has limited land but the population keeps increasing. This led to a housing crisis and a rapid rise in land prices. So you can invest in land it will give you a secure investment opportunity.  And here the possibility of loss is very less

Since I have like 11 thousand dollars right now, I want to invest this amount in Bitcoin instead of keeping it in the bank. I know about investing in bitcoins and I know that there are risks involved, I am investing in the potential to grow money but I want to invest in bitcoins with the understanding that my money may go down due to market volatility. I decided to withdraw the money from the bank at the beginning of the new year and plan to invest the money in bitcoins. Now that I can't buy land, I will definitely hold this investment for a long time so that I get good returns at the end of the long term and I can also accumulate some more money through employment. 

At the time I planned it I felt I should have planned it earlier.

Investing in Bitcoin is better than keeping money in the bank, but you will not get a secure investment experience like buying land by investing in Bitcoin. Investing in bitcoins has a lot of risk, your money will not be in trouble like investing in land. Here you may lose a lot of money but again there is a possibility of high profit at some point. But I would suggest you to invest all your money in multiple things instead of just one thing

[btc78]

I don’t know how expensive land is in your country but converting 11k usd to my country’s currency, i don’t think you’ll be able to buy a huge and good land so it’s a really good decision that you withdrew it from the bank to invest it in bitcoin especially with the anticipated halving of bitcoin it would have been better if you had done this 5 years ago but well we’re here now and what’s important is you’re committed and willing to invest in btc

[bitzizzix]

You made the right decision and fortunately you know Bitcoin and maybe you have also studied and understood Bitcoin, and that is very necessary, especially knowing all the risks involved.
Storing your money in Bitcoin is an excellent choice, as Bitcoin has the potential to make your money grow, especially in the long term.
And you also have to have strong patience to do it in the long term, because in the long term Bitcoin can not only fulfill your desire to buy land. However, you can also build a house and its contents with Bitcoin, and most importantly, have patience and strong belief that Bitcoin can make what you want happen.

[kentrolla]

That's a very calculated decision as you are aware of what you are doing and the risk involved in it. I don't think one will get land for the amount you have mentioned henc eit would be better to invest into Bitcoin and hodl it for longer period of time. I would say right now Bitcoin is bullish and only if you are a long term investor and don't mind hodling for more than 3 to 4 years then you can enter now else wait for correction phase and then buy Bitcoin as buying Bitcoin at lower price will increas the probability of multiplying your investment into profit.