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

[Fuso.hp]

it's a bold plan, and if it works, then it will really bring you huge profits. However, I think that you need to save some of the money you have in Fiat as an emergency fund. We don't know what will happen in the future, because as far as I know, there are many people who try to invest all the money they have, but they are forced to sell the investments they have cheaply because of an emergency.
So, I think if you want to try investing in bitcoin for the long term, to buy land, that's not a problem, many people do that, but make sure the money for daily needs, savings, emergency money, and others is also met. because if not, then it could threaten your investment in the future.

It might be a good suggestion for OP and this suggestion might work for OP.  The way OP posted that he is willing to invest all the money to buy his land, he may never have planned that when he needs the money, if his investment is at a temporary loss, he will have to sell his investment at a relative loss to meet his needs. In order not to have to sell his investment at a loss, OP can save a part of his total money if he wants so that he can meet his needs with the savings money if he needs it in the future. If I had planned to invest the money from selling my land entirely in Bitcoin, I would definitely save some money instead of investing the whole money.

He probably knows what he is trying to do and already thinks about the consequences. Perhaps, it was a plan already and it was allocated to buy land but had changed and decided to invest in Bitcoin which I believe was a good idea. He can buy more properties if his investment goes well but if he just invests in land, he can't buy Bitcoin or start any investment because he has nothing already aside from the property he acquired.
But yeah, he should not put all the money he has now since he is not working already, 75% is enough while 25% is reserved (IMO).

OP only mentions that he is not able to buy the land he wants with the amount of money he has because the land price in the area where he will buy the land is very high and that is why he wants to invest the money to buy the land in bitcoins. The OP mentioned that he would invest all his money he would invest all the money he had saved in Bitcoin because if all the money was invested in Bitcoin then he would have to sell his investment in case of financial crisis later on. The investment will always be profitable but we can't say that because of the possibility of not having to sell the bitcoins later he is being advised like this. He may not have thought this way before making the above advice but if he reads our comments then surely he will think this way and it will be a good decision for him.

[AnonBitCoiner]

From the profit he will earn can be enough to buy land in the future. If we are smart people, we surely think about what is the best thing we do. We can say that Bitcoin investment is profitable but that will also depend on the person who invests because many people have also suffered losses. But why do we say it was a smart choice over buying land? And it is because we thought that Bitcoin has a huge profit potential and we could use the profit to buy land. 

Yes with bitcoin earning we can buy land but if we sell land for buying bitcoin then i think its not a good idea because there is a Fluctuations in the worth of bitcoin but the price of land either remain same or increase as the time passess. We should also think about risk related to the earning mechanism as bitcoin can provide huge profit but there is also some risk with it whereas in buying land we don't have any risk issue.

Everyone will think differently but am agree with the success of bitcoin but for profit we have to wait for years after that we still have no guarantee that what will be outcomes of our investment. If there is extra part of land which is not used for the purpose of building a house then it can make a sense to sell land and buy bitcoin but if a person is on rent then selling of land does not suited well.

[gunhell16]

From the profit he will earn can be enough to buy land in the future. If we are smart people, we surely think about what is the best thing we do. We can say that Bitcoin investment is profitable but that will also depend on the person who invests because many people have also suffered losses. But why do we say it was a smart choice over buying land? And it is because we thought that Bitcoin has a huge profit potential and we could use the profit to buy land. 

Yes with bitcoin earning we can buy land but if we sell land for buying bitcoin then i think its not a good idea because there is a Fluctuations in the worth of bitcoin but the price of land either remain same or increase as the time passess. We should also think about risk related to the earning mechanism as bitcoin can provide huge profit but there is also some risk with it whereas in buying land we don't have any risk issue.

Everyone will think differently but am agree with the success of bitcoin but for profit we have to wait for years after that we still have no guarantee that what will be outcomes of our investment. If there is extra part of land which is not used for the purpose of building a house then it can make a sense to sell land and buy bitcoin but if a person is on rent then selling of land does not suited well.

If you can buy bitcoin worth at least 0.5 btc or 1 btc, you can possibly buy land or a house. But without that amount, I don't think you can buy land. It's a given that Bitcoin can make a profit, but the question is: how many bitcoins can you save or buy right now? Or, in your estimate before the bull run, do you think you can save at least 0.5 BTC?

Because if we have a goal to buy land via Bitcoin, a large holdings amount of Bitcoin must also be accumulated, or you or we can buy it. Now, if we hesitate, we can alternatively choose to hold altcoins.

[wallet4bitcoin]

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.

If only when you started saving the funds years back you had used it to DCA into Bitcoin, it will have been of great profit to you than it currently is. 5 years ago translates to 2018 and Bitcoin was still finding its path way to 69k. Considering the fact that the purcahse is DCA it will have made more sense to acquire it in bits and its still would have been profitable.

I appreciate the fact that you have sufficient knowledge about the technology even before investing into it, that gives you peace of mind even in troubeld waters and guarantees your hope for the future.

[JayTrain]

To some extent this is an excellent idea, but at least it is risky. The main thing in all this is to have iron restraint and wait for the right moment. After all, Bitcoin today costs 43 thousand, tomorrow it could cost several thousand less. And this should always be remembered, because risks always remain.

[YOSHIE]

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

OP, never regret if you invest in Bitcoin, you found out today, that is the best moment for you to know earlier, try if you know about Bitcoin five or ten years in the future, be grateful you know now.

There are no words too late or early, if we want to invest, especially in Bitcoin, we are sure that Bitcoin continues to grow from year to year, as technology progresses and advances.

Maybe the motivation of the two people below will be the best motivation for you in the future regarding investing.
1. Topic: Farmer's Bitcoin Investment
2. This 25-year-old says he's a millionaire after investing early in ether and bitcoin.

My understanding is that what you are doing, in my opinion, is the best decision for your future in terms of investment and your economy in the future, continue to do the best things for yourself in terms of investment, especially in Bitcoin.

[Lorence.xD]

From the profit he will earn can be enough to buy land in the future. If we are smart people, we surely think about what is the best thing we do. We can say that Bitcoin investment is profitable but that will also depend on the person who invests because many people have also suffered losses. But why do we say it was a smart choice over buying land? And it is because we thought that Bitcoin has a huge profit potential and we could use the profit to buy land. 

Yes with bitcoin earning we can buy land but if we sell land for buying bitcoin then i think its not a good idea because there is a Fluctuations in the worth of bitcoin but the price of land either remain same or increase as the time passess. We should also think about risk related to the earning mechanism as bitcoin can provide huge profit but there is also some risk with it whereas in buying land we don't have any risk issue.

Everyone will think differently but am agree with the success of bitcoin but for profit we have to wait for years after that we still have no guarantee that what will be outcomes of our investment. If there is extra part of land which is not used for the purpose of building a house then it can make a sense to sell land and buy bitcoin but if a person is on rent then selling of land does not suited well.

If you already have land I think it would be better to use it in other terms of investment like opening it up for rental spaces and things like that than selling it just to use the money to invest in Bitcoin, cause having land here in my country is much more valuable than a 1 BTC. Bitcoin investment is actually good especially if you have already accumulated numbers of Bitcoin for years, but in the current value of Bitcoin in the market, I think it would be too pricey where the plan is to buy low and sell high. You could expect a return on investment maybe for years, or even profits cause we are not still sure how far Bitcoin will reach in the next few years. Personally, I would be proud to own land, it's like saying you have 1 Bitcoin in your hands.

[Mate2237]

Op you plan well. It is not all government workers will think the way you are thinking. Most of them are very much contented with the government work that they don't think of investing. They thought the government work salary is enough for them and they will be paid for their gratuities and retired pension money can take them to grave and they don't think of other wise. But if you are living in a rented apartment then I will advise you to buy the land and build your house and use 1% of the money to invest in Bitcoin instead of using all. I will not advise you to buy Bitcoin with all your money then live a rented house. It is not advisable to do that.

But all is your plan if you are okay with the renting house and prefer to buy Bitcoin and live in another person house for years then nobody will dispute that with you

[southerngentuk]

The potential for high profit in Bitcoin investment is undeniable. While the timing for entry might be optimal, it's crucial to remember that it's an ever-evolving market. The halving might serve as a catalyst for growth, but future market fluctuations are inevitable.

While bank savings offer limited returns, they provide a safe haven for emergency funds. It's important to maintain a balance between maximizing potential gains and ensuring financial security.

Investing a portion of your emergency funds, while carrying potential risks, can offer a chance for significant returns. However, it's essential to ensure that your emergency needs are adequately covered before taking this step.

[redsun114]

Generally, I would advise someone to do their research first and think more before taking such a decision, but since you know the pros and cons and understand the risks involved with this, I guess you are ready to take the decision. When we talk about security in investments, real estate is usually considered to be a safer investment option if compared with Bitcoin and the reason isn't unknown to you, it's the volatile nature of Bitcoin and cryptocurrencies.

However, real estate investments also require a person to have substantial knowledge about the industry and as you said you wouldn't be getting land at a good location, I believe you understand the market pretty well and in such a situation, one can always choose an alternative investment option as you did.

[flyingcarpet]

Generally, I would advise someone to do their research first and think more before taking such a decision, but since you know the pros and cons and understand the risks involved with this, I guess you are ready to take the decision. When we talk about security in investments, real estate is usually considered to be a safer investment option if compared with Bitcoin and the reason isn't unknown to you, it's the volatile nature of Bitcoin and cryptocurrencies.

However, real estate investments also require a person to have substantial knowledge about the industry and as you said you wouldn't be getting land at a good location, I believe you understand the market pretty well and in such a situation, one can always choose an alternative investment option as you did.

Because of the variable nature of Bitcoin and crypto currencies, selling real estate can be risky. But as you said, he probably thought about his pros and cons. Deciding can be difficult in such cases.

The value of the real estate or whether it is valuable in the future is an important issue. It is easy to decide after answering all these questions. One thing to remember is that the crypto market is always a risky market.

[Bd officer]

OP, you are going to make a very good decision. You will invest in Bitcoin with the money you bought the land. Since you know investing in bitcoins is risky, you seem to have a good knowledge of bitcoins. Even if you buy land now, you can earn a lot of profit in the future. If you invest in land, the risk is very low, it can be said that there is no risk at all, the price of land is increasing day by day and the price will increase even more in the future. When you are going to invest in Bitcoin you have to take some risk. High profits cannot be easily achieved without taking risks. Whatever you do, you have to take risks. Since you will be investing in Bitcoin, you must hold for a long time. You don't get greedy and sell bitcoins just after seeing a small bullrun. Finally, you will store your bitcoins in a good wallet and hold bitcoins for a long time.

[mirakal]

it's a bold plan, and if it works, then it will really bring you huge profits. However, I think that you need to save some of the money you have in Fiat as an emergency fund. We don't know what will happen in the future, because as far as I know, there are many people who try to invest all the money they have, but they are forced to sell the investments they have cheaply because of an emergency.
So, I think if you want to try investing in bitcoin for the long term, to buy land, that's not a problem, many people do that, but make sure the money for daily needs, savings, emergency money, and others is also met. because if not, then it could threaten your investment in the future.

Investing all in with bitcoin is not a good idea at all. Don't used up all your money so you can invest all in with bitcoin, that won't still guarantee huge profits in the end. The safest way to invest in bitcoin without the risk of losing too much is to just invest on the amount that you wouldn't mind losing. You can start investing either 5-10% from your total amount of money and once your capital shows progress, then you can start adjusting your size of position depending on the profits that you have gained previously.

Invest in bitcoin for long term and invest with indefinite time, that will guarantee maximum profits once you decide to sell. But always invest with high caution.

[terrific]

The value of the real estate or whether it is valuable in the future is an important issue. It is easy to decide after answering all these questions. One thing to remember is that the crypto market is always a risky market.

Risky as it is and you need to diversify someday when you get ahead of profit from Bitcoin.
Real estate is one option to get your money with after going on with Bitcoin.
And that's a plan of many of those who invested in Bitcoin because that plan is a common thing but people like OP, I applaud your decision for doing this.

[GeorgeJohn]

From the profit he will earn can be enough to buy land in the future. If we are smart people, we surely think about what is the best thing we do. We can say that Bitcoin investment is profitable but that will also depend on the person who invests because many people have also suffered losses. But why do we say it was a smart choice over buying land? And it is because we thought that Bitcoin has a huge profit potential and we could use the profit to buy land. 

Yes with bitcoin earning we can buy land but if we sell land for buying bitcoin then i think its not a good idea because there is a Fluctuations in the worth of bitcoin but the price of land either remain same or increase as the time passess. We should also think about risk related to the earning mechanism as bitcoin can provide huge profit but there is also some risk with it whereas in buying land we don't have any risk issue.

Investment is all about risk and two things are involved via investment either you lose or you gain and on the process selling your land to purchase bitcoin for investment, it's either the investment of Bitcoin get increased within that period or depending the duration of your investment, so if you target and purchase bitcoin when dip I think your that will be directly waiting for a bullrun

So if a bullrun come to place and the investment is still intact you did not make any withdrawal for stomach infrastructure, theirs every tendency or higher possibility that you may use your profit you make to purchase a triple sized of that particular portion of land you sold.

[bitzizzix]

From the profit he will earn can be enough to buy land in the future. If we are smart people, we surely think about what is the best thing we do. We can say that Bitcoin investment is profitable but that will also depend on the person who invests because many people have also suffered losses. But why do we say it was a smart choice over buying land? And it is because we thought that Bitcoin has a huge profit potential and we could use the profit to buy land. 

Yes with bitcoin earning we can buy land but if we sell land for buying bitcoin then i think its not a good idea because there is a Fluctuations in the worth of bitcoin but the price of land either remain same or increase as the time passess. We should also think about risk related to the earning mechanism as bitcoin can provide huge profit but there is also some risk with it whereas in buying land we don't have any risk issue.

Investment is all about risk and two things are involved via investment either you lose or you gain and on the process selling your land to purchase bitcoin for investment, it's either the investment of Bitcoin get increased within that period or depending the duration of your investment, so if you target and purchase bitcoin when dip I think your that will be directly waiting for a bullrun

So if a bullrun come to place and the investment is still intact you did not make any withdrawal for stomach infrastructure, theirs every tendency or higher possibility that you may use your profit you make to purchase a triple sized of that particular portion of land you sold.

Maybe most will support it because we will face the next halving, and this is the moment that many people or investors have been waiting for. And they shifted their money or shifted their investment to Bitcoin because of that moment and doubled their money when the halving happened, so OP's decision to change the plan to buy land to buy Bitcoin was a good choice.
Because in the long term or when halviang comes, OP will not only get the land he wants, but will also be able to build a house and its contents. And the risk of investing in Bitcoin if done at the right time in my opinion is only a small possibility of experiencing a loss, and the most important thing is that you buy and sell it again at the right time.

[oktana]

First, I’m glad to see that you are very much aware that Bitcoin price could go down, and you have taken full accountability and responsibility on that. Secondly, the bank is the worst place to put your money because they loan out the money you deposit to someone else, make a lot of money in its return, and give you peanuts in return. That’s why Bitcoin is better because if you make some money off hodling, you’re not getting a fraction of it but will actually get your complete money. The interest rates that occurs with Bitcoin over the year is not to be compared with what the bank has done in that same period of time. 

[uneng]

The value of the real estate or whether it is valuable in the future is an important issue. It is easy to decide after answering all these questions. One thing to remember is that the crypto market is always a risky market.

Risky as it is and you need to diversify someday when you get ahead of profit from Bitcoin.
Real estate is one option to get your money with after going on with Bitcoin.
And that's a plan of many of those who invested in Bitcoin because that plan is a common thing but people like OP, I applaud your decision for doing this.

Hopefully OP will grow those 11,000$ through BTC investment into the sum of money he needs to purchase the piece of land he desires. I believe BTC still has a lot of potential to grow on the upcoming years, reaching close or even surpassing its previous ATH of 69,000$ in 2021. If this prediction is right, it means OP will be able to achieve more than 40% profit over his initial investment, what means 4400$.

And I really think I'm being humble on this guess, because every new halving Bitcoin has reached much superior price ranges when compared to previous cycles. It's not the perfect time to invest, due to BTC being already expensive, but it's still in time...

[angrybirdy]

First, I’m glad to see that you are very much aware that Bitcoin price could go down, and you have taken full accountability and responsibility on that. Secondly, the bank is the worst place to put your money because they loan out the money you deposit to someone else, make a lot of money in its return, and give you peanuts in return. That’s why Bitcoin is better because if you make some money off hodling, you’re not getting a fraction of it but will actually get your complete money. The interest rates that occurs with Bitcoin over the year is not to be compared with what the bank has done in that same period of time. 

Agree! I consider bank as one of the worst place to put my money especially if I'm considering having a big investment return from the amount of money that I've deposited to them. Truly bank is safe to secure money but the thing here is how about the interest that we can generate from the money that we put to them? So It's better to invest your money to other way like buying bitcoin, invest in stocks, land and property. You just need to remember that bitcoin is volatile but It will surely give you huge profit after years of hodling it.

[kro55]

First, I’m glad to see that you are very much aware that Bitcoin price could go down, and you have taken full accountability and responsibility on that. Secondly, the bank is the worst place to put your money because they loan out the money you deposit to someone else, make a lot of money in its return, and give you peanuts in return. That’s why Bitcoin is better because if you make some money off hodling, you’re not getting a fraction of it but will actually get your complete money. The interest rates that occurs with Bitcoin over the year is not to be compared with what the bank has done in that same period of time. 

Agree! I consider bank as one of the worst place to put my money especially if I'm considering having a big investment return from the amount of money that I've deposited to them. Truly bank is safe to secure money but the thing here is how about the interest that we can generate from the money that we put to them? So It's better to invest your money to other way like buying bitcoin, invest in stocks, land and property. You just need to remember that bitcoin is volatile but It will surely give you huge profit after years of hodling it.

Depositing money in the bank is really not a wise idea if we are intending to increase our assets. But when it comes to finding a place to store emergency savings, banks aren't as bad as you say.

For me, I don't consider depositing money in the bank as an investment, it's more like a place to save money in the short term. If we talk about investment, bitcoin, stocks, real estate... are places for us to put money. But the higher the profit, the higher the risk, the investment will be risky...so it can be said that depositing money in a bank or investing in bitcoin will have its own advantages and disadvantages. Nothing is 100% perfect.