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

[albon]

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 liked this tweet that CZ Binance posted on December 3rd, where he decided to leave his job ten years ago and sell his house to fully aped into Bitcoin. Some may consider this decision wrong due to the volatility and risks in the Bitcoin and crypto market in general. However, he could calculate and manage the risks, having the courage to invest instead of avoiding risks. I assure you that putting money in the bank and making profits from it is a waste of time and not worth the effort. Through Bitcoin, your capital can grow fantastically. Investing your money in Bitcoin is a sound decision because it is the best investment that will shape your future. It's possible that you can buy not just one piece of land but many pieces in any position you want eventually through your BTC profits. Trust in Bitcoin and learn how to manage risks and hold your amounts for the long term.


SOURCE: https://twitter.com/cz_binance/status/1731233341028888936

[Maslate]

When you establish a solid plan for your future, most likely success will easily come to you than those who have no solid plans from the start. So I want to compliment you for that OP. Now, that you are decided to invest in bitcoin at the beginning of the new year, then start educating yourself now about bitcoin. Be aware of the common risks, as much as be more open for losses than expect major gains, most especially that you are still a beginner in bitcoin.

Start your bitcoin investment with small amount at first. You still have a lot to learn with your investment and you might incur losses a lot before you can experience real profits. So always invest on your extra money that you are willing to lose if ever your investment will not work.

[kawetsriyanto]

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 support your decision to choose Bitcoin investment than saving your money in a bank. You must know that you won't get any profit if you save your money in a bank, you even need to pay monthly fees. It is very different if you invest the money in Bitcoin, you have the chance to multiply your money as the price of Bitcoin rises. Since we are heading the bullish season, you're in the right time to buy Bitcoin. You don't need to keep it for a very long time, you can take profits in less than 2 years.

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.

It is good if you already know the risk. Before you invest in Bitcoin, make sure you have sufficient knowledge first. You need to understand the potential of the profits and know the risks as well. You also must understand when the right time to buy and sell the Bitcoin. There is a time that you are better to buy, but there is a time for selling. In bearish season, it is the time for buying but it is the time to sell your Bitcoin in the bullish season. I suggest you to learn the cycle of bearish-bullish season.

[South Park]

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.

Just make sure that you are ready for the adventure you are about to undertake, this is money that it took you 5 years to save, so make sure that you do everything you can in order to protect that money, as we have seen many cases on the past of people that bought bitcoin and then they store it in an online wallet and lost it all, so just as you have been committed to save all that money, you need to be as committed when it comes to protect it as no one else will do that job for you.

[JoyMarsha]

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

There is no time when anyone plans to invest in bitcoin will be taken as the wrong timing or late period of investing in bitcoin because as it is now, bitcoin is still at its early stage and the majority of people all over the world are yet to invest and know about it. But here you are, having the knowledge of crypto volatility and the importance of investing in it for the future, that it will give you many profits in years to come compared to having your money kept in the bank without any profit attached to it in years to come order than your money been devalue in years to come.

Whether the mistake of not planning bitcoin investment earlier enough, don't judge yourself because of that but instead count yourself lucky as one of the investors of bitcoin who knows about it. That's the most important thing and what matters most because you have queued in for financial freedom bitcoin brings to its investors.

[Y3shot]

It won't be a  bad idea if you choose to invest this amount of money in Bitcoin, leaving it in the bank will be a huge lose. We are gradually entering the bull market, it will give you profit that you can add to your profit to acquire to get the land property. It will be be far better than dropping it in the bank because of steady depreciation of the traditional currency. But before you take this decision you need to understand that bitcoin is very volatile, it is longterm investment that profit can be made by hodling, if you are okay with how bitcoin is you can go ahead and invest.

[tabas]

I think you're imagining what if you've been saving that money through Bitcoin all over this time than being kept in the bank. But what's done is done and you can never revert the time. While it is obvious that you've done a better decision and you've already going to do that with all affirmation to yourself. There is no coming back and you're just moving your money from no-volatile storage to now, a highly volatile asset since you've sacrificed for now the buying of your land.

[Sarah Azhari]

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

Property is a good investment, but by my experience, it is not enough to maximize your profit even if you invest it in bitcoin. I have property land 3 years ago, and was sold it just to change my strategy investment to Bitcoin. What I got?, of course, profit more than my expectation. When I calculate, my land property is just growing up 50%, I bought $5000, and the price now is only $7500 for 3 years. But, when investing on bitcoin on $5000, your money can be $15000 or more when you hold it again for 10 years. Selling property is not easy like you sell your bitcoin. You still need agent which must spend % money for marketing. but in bitcoin, you can sell it on the second without need it again agent or broker.

[passwordnow]

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.

Does this mean that you've quit your government position because you've said that "end of five years" with your working life? This is a tough decision if you're going to ask me because when you're comfortable with the job you've got and you're about to quit to do other things then it is necessary to think of it so many times before you do it.

And it's nice to hear that you're able to save money from that job of yours because not everyone is fortunate enough to save money as they work for that long. There can be others that have higher than the amount you've said but it's not a secret when many weren't able to save with their lifetime jobs. For your plan of buying a land, I know how it feels to be when you've got that money and it's gonna be gone once in a blow after buying a land.

Do not regret that you have just moved. What's good for you is that you have made the initiative already and made a move before anything else happens or before you see the market soaring high that you'd think it's too late.

[lienfaye]

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.

Since you know the risk of investing in Bitcoin and the possibility that it might go down unexpectedly, I think you already prepared yourself for the worse that can happen. That's good because you are aware of what you're getting into, but still determine to invest despite of the risk. Well, for me it's a good decision to invest in Bitcoin rather than keeping it in Bank due to the low interest.

However, we know it's a roller coaster ride when you engage yourself in Bitcoin that's why an investor must need a lot of patience and firm to hold for long term in order to get a positive result.

[2Pizza410000BTC]

Op, since you have $11,000 and have prepared to invest that $11,000 in Bitcoin, it's great because investing in Bitcoin is much better than keeping money in the bank. Because if you invest Bitcoin you will get 100 times more profit than the profit that the bank will give.

However, since we are currently in the beginning of a bull market. Right now you will be better off if you invest and hold for a long time because the market will probably go up in early 2024 because the Bitcoin ETF is scheduled to expire in January 2024. If the Bitcoin ETF expires in 2024 then the market will go up for sure. If it is possible to invest in bitcoin now then you can invest in bitcoin. After investing I will give you some advice that you must follow.

My advice would be that the wallet you keep your bitcoins in must be secure. The wallet seed phrase must be kept in a location that no one can ever access. Since investing $11,000 worth of Bitcoins, you can use a hardware wallet to make your investment more secure. Not only do you invest, but you must be more secure in holding later. As the saying goes, protecting freedom is more difficult than achieving it.

[tech30338]

Definitely a good choice to invest in Bitcoin, but at the moment just wait for a correction, the price has gone up twice the price, for me now is not the time to buy, I know how eager you are to put the money in Bitcoin, but this is your first lesson you should not buy when the price is going up, instead wait, there is a time to buy and a time to sell, if you have ever decided to still push through I would suggest keep half, why? because in the event the price goes down you can still buy and add it to your portfolio.

[mamesso]

If you are ready for all the risks involved in Bitcoin investment and you are ready to lose the money, do it now, not later. Bitcoin is on an upward trend, perhaps at the beginning of the new year its price will increase much more than it is now. I don't want to say Bitcoin is the best investment, price volatility can make prices change at any time, there are times when the value of your money will fall and on the other hand it will suddenly increase even more. The potential for money growth is greater in investing in Bitcoin than buying land, if the money is not used for other needs, you can make long-term investments to get bigger profits.

[bitterguy28]

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 have made what is best for you and family though i wanted to questioned you for deciding putting money in bank instead in investing in bitcoin , How can you imagine if you start investing here 5 years ago? you should have tasted the halving in 2021 and for sure now more than doubled or more from your funds not .

but I wanted also to congratulate you for having allow yourself saved that amount for 5 years and now buying land as also the land is making significant increase each yeah depending to its location .

[Fuso.hp]

You have taken the right decision at the right time but if you had taken this decision six months ago, you might have made a much larger profit now. Let's say if you had bought and held half BTC amount six months ago, you would have almost doubled your profit by this time.  The current Bitcoin price has almost doubled from what it was 6 months ago today. Still investment decision will not be bad for you if you can invest with maximum risk. $11000 is too much to invest If you are ready to risk this huge amount of money then you can start your investment. But don't invest only thinking about profit but also invest thinking that your money might get damaged if you invest.

[Ben Barubal]

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.

  What you want to do in the eyes of others is a good plan, and another is for them to tell you to think carefully first because you have been saving for years. So, for me, you should think that he is okay if you are really determined.

  Just make sure for yourself that you are ready for any consequences here. So, honestly, if you already have a broad understanding of Bitcoin, that's good. So good luck with your decision.

[sokani]

~~~

You took a nice decision. When you keep your money in the bank, the interest rate is very poor and it won't generate anything meaningful. If you choose to use the money to buy a landed property, it might take many years to appreciate in value. Choosing to buy Bitcoin instead will be more rewarding especially now that the market is getting ready to go bullish. If you invest now, by 2025, you could triple your money, then you could buy a land and also use part of the money to continue your Bitcoin investment.

[peter0425]

You are doing one best decision for your family and of course for you in the future, Land is the strongest investment human can have as long as this is titled and legally bought because sometimes the not paper bought brings to taking back or having big issues in the future.
but as long as this is legit transaction then yes you are preparing best for your family, but why not try investing in bitcoin for longer time? since you don't need it for a while? then if the price goes multiple times then buy more larger land and with House and Lot .

[rodskee]

~~~

You took a nice decision. When you keep your money in the bank, the interest rate is very poor and it won't generate anything meaningful. If you choose to use the money to buy a landed property, it might take many years to appreciate in value. Choosing to buy Bitcoin instead will be more rewarding especially now that the market is getting ready to go bullish. If you invest now, by 2025, you could triple your money, then you could buy a land and also use part of the money to continue your Bitcoin investment.

Gladly that he had decide to bring the Money in bitcoin than banks that only uses our money
to make them rich and remain as poorer , this is how stupid banking system they are using people are milking cow ,
when it is our money that hey have handling and yes if something bad happened we cannot even get a full refund
so where is the justice ? OP make one of a heck to make His life better in the coming years.

[kingvirtus09]

Nowadays, many people are realizing that it is better to put their money in bitcoin than in a bank. They can still put money in the bank as long as it's the right amount and not a large amount. But if we want to collect a large amount, it is better to put it in Bitcoin or one of the other top 5 altcoins in the crypto space.

Even if I had a lot of money in the bank and had 100% idea or knowledge about Bitcoin or cryptocurrency, I would really pull out my money from the bank and exchange it for digital currency. And I don't regret it; that's why I salute the decision made by OP.