Balancing Financial security and Bitcoin Accumulation

[Nightwatchmare]

Selling fixed assets such as land and houses and buying Bitcoin can be good or bad depending on the situation.

Selling fixed assets such as land and using the proceeds from the selling of the land and buy Bitcoin is an unwise move or decision to tak, because land usually increases in price with time, and you can even end up selling your Bitcoin when you exhaust the money you realized from selling your land. If you want to invest in Bitcoin and you do not have discretionary income to use and buy Bitcoin, do not sell your land to buy Bitcoin; you should work on having a source of income that guarantees discretionary income so that you can invest in Bitcoin and hold it for a very long time without selling it because of your day to day expenses.

[POPOLUV]

Selling fixed assets such as land and houses and buying Bitcoin can be good or bad depending on the situation.

it is simply bad to sell. If you sell your houses where exactly will you and your family live? You lot should for once be realistic in what yousay. The outcome of bitcoin is not written in stones, it is not also certain, then why should anyone be gambling with their future.

Have you heard of renting and leasing? If you have then you can do away with the mindset of selling and rent(or lease) some of your property if you think that you have  lot of landed properties lying around the universe, and then allocate some of the money to bitcoin.

Selling off your assets that you can afford to buy back, is not a bad idea but if eventually sell off your house which of the house will you be leaving in, so i really disagree from the idea of selling off your house and i can only support in selling your asset such as a plot of land which is likely to be placed in due time than selling off your house or any other assets that is very helpful in your daily activities because Bitcoin investments is something that do with a long term commitment.

[I_Anime]

Selling fixed assets such as land and houses and buying Bitcoin can be good or bad depending on the situation.

Selling fixed assets such as land and using the proceeds from the selling of the land and buy Bitcoin is an unwise move or decision to tak, because land usually increases in price with time, and you can even end up selling your Bitcoin when you exhaust the money you realized from selling your land. If you want to invest in Bitcoin and you do not have discretionary income to use and buy Bitcoin, do not sell your land to buy Bitcoin; you should work on having a source of income that guarantees discretionary income so that you can invest in Bitcoin and hold it for a very long time without selling it because of your day to day expenses.

The only reason why you will sell your bitcoin investment when you exhaust the money is because you didn’t plan well  . And besides when come to investing in bitcoin , focus on using your discretionary income and this is why you are always advice to not be too or overly aggressive when accumulating.

That land can act as form of diversification , that you won’t have to start thinking of which coin to buy that may have potential like Bitcoin, and there’s none . So having a physical asset like land is another means of the diversification, and is like one of the best .

[Bigjoe33]

Naturally, if someone sells their fixed assets and wants to invest in Bitcoin, I will definitely applaud them. In the case of investment, the investor must observe and take a good decision. There are many who make fixed deposits and can keep a large part of their life's wealth in the bank, but if you keep any fiat money in the bank, it will lose value over time, which will definitely cause losses in the long run. But if someone tries to keep such money in the bank for the long term by investing in Bitcoin instead of keeping it in the bank, it is definitely a good idea. In this case, one can also invest money in bitcoin from selling lands or house.  But remember, one should not invest the money that is not possible for the investor to hold for a long time. If the investor makes a large investment in Bitcoin that does not affect his personal life, then it is definitely a good decision.

Selling fixed assets such as land and houses and buying Bitcoin can be good or bad depending on the situation. For many person, real estate is not just an investment, they also consider it as a place to live, life stability and family security. Now you are giving Bitcoin a lot of priority and have accepted Bitcoin as the most important asset. And you see it as the financial security of you and your family in the future. But if your children or future generations do not give importance to Bitcoin, then even thinking about them, you should hold some assets based on your current economy.
system.

If we invest or begin our investment in a right way, that is investing with your discretionary income, how then will be thinking of selling your living house to invest in Bitcoin. No way! Bitcoin investment is not a do or die affair. It is invest within your means, that's what you can afford to loose, that's from your discretionary income, after you must have settled all family and/or basic needs. So someone who is planning to sell his house to invest in Bitcoin, does he look like someone who has a discretionary? Pls let's not make haste decisions and return back to square zero because you want to be called a coiner or an investor.  Invest rightly, invest from your discretionary