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Topic: I was bought some bitcoin by sell my land - page 7. (Read 1796 times)

full member
Activity: 214
Merit: 101
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You should never gamble with money you can not afford to lose.

If you are not gambling, and you view your Bitcoin position as an investment, then stop looking at the screen and give your investment the time it needs to mature. Like you would with your piece of land. Did you check the price of the land every day? Did you expect to double your money on the land in afew weeks? I assume not. Then why are you expecting your investment in bitcoin to act any differently to your investment in land?

member
Activity: 392
Merit: 10
Your decision to sell your land to buy bitcoin is not wise at all. You were supposed to invest an amount you could afford to lose in cryptocurrencies. It is a risk you took and it might swing either way. What if the price of Bitcoin is Bullish? You will be smiling by now. I want to advise you to hold as the price will still go up. This may be much later though.
sr. member
Activity: 574
Merit: 250
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

If you want to back you're losses just hold as much as possible because I believe it will back to it's peak value someday. Also, as I did it now I hold my shares of bitcoin, though we have no idea when it's gonna be but just trust and believe the capability of bitcoin as it already proven many years that it will back to it's stabilize value after on it's downfall.
member
Activity: 413
Merit: 10
Offering your home, land or auto to buy bitcoins isn't an incredible thought. The cryptographic money showcase is exceptionally unpredictable and you could see gigantic misfortunes very quickly in the wake of contributing. Put resources into cryptos with additional cash you have and don't requirement for no less than a year or two. Thusly your venture will have the capacity to gone through market cycles and you can choose when it's best to money out.
legendary
Activity: 3360
Merit: 1203
Well it would have been a smart ideea if you have bought bitcoin at a lower price but don't panic bitcoin will recover in time and it will surpass the 20k$ range again. Until then maybe you can grab some more but depends at what price you got into.
newbie
Activity: 45
Merit: 0
Do your daily job, not worriest about your losses in your bitcoin at present because bitcoin always ups and downs. doing an activity on your investment would get you into another problem.
I appreciate you very brave, the price of your land also must increase from year to year but you decide to sell it, a good confidence you have against bitcoin. Keep it until you achieve the results you expected.
member
Activity: 116
Merit: 10
Do not sell your bitcoin, you will regret it. Be patient ...
copper member
Activity: 455
Merit: 0
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

You have taken a very risky speculation for bitcoin, so do not panic and keep thinking positive. Maintain the bitcoin you have, believing that bitcoin will definitely increase and will benefit you.
sr. member
Activity: 1652
Merit: 262
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
first of all I really appreciate your brave in speculation in bitcoin.
for the current situation, you'd better hold your bitcoin first, do not panic sell. I know you are betting big to get big profit in bitcoin. but the market is still getting low right now, so you just wait and wait until the price goes up. you certainly don't want to get a loss right?
legendary
Activity: 1372
Merit: 1027
Dump it!!!
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
The good thing about this is that the financing is not a loan or some form of credit,

In this case you can hodl or invest 50% of your btc in some ICOs then when tokens are listed on an exchange wait for coins to moon then sell to break even and withdraw your money.
member
Activity: 266
Merit: 10
With such a flow of bitcoin as we can now observe, you can sell your land and property, but it also carries a high risk of loss in case of accidentally what can happen. I also sold my property for some time to invest in bitcoin and now did not regret what I did.
jr. member
Activity: 386
Merit: 1
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.

Hold the bitcoin you have and be patient waiting for the bitcoin price to be even better. Friends, do not panic too, bitcoin can still raise the price, still be patient you will definitely benefit from bitcoin.
copper member
Activity: 186
Merit: 20
What you have done a big mistake by selling your land to buy Bitcoin though you have got a good amount of profits but think about one thing the price of Bitcoin would come to the lowest price then you would face a great problem. Whatever past is past.but do not do this kind of stupid work in future.
member
Activity: 490
Merit: 11
I was bought some bitcoin by sell my land.But befor some days bitcoin price getting low.in this moment i have to face some kind of loss.In this moment what can i do.
That's okay, this downfall is very normal because many investors are selling there bitcoins last december 2017. If there are more sellers than investors, the price will fall back and when there are more investors, the price will move up again. So just wait a little longer, the price will increase again.
full member
Activity: 490
Merit: 107
Selling your land to buy bitcoin, is not a good idea to me, land is a fixed asset which can only appreciate, has  little or no depreciate, compared to bitcoin which can be    frustrated at time, since bitcoin is a source of extra income, one suppose use he/her extra income to buy bitcoin.

Selling one asset to purchase another asset is not that unusual. A lot of people does that. But the difference here is that land is a low to medium risk asset and Bitcoin is an extremely high risk asset. So in this instance the OP is converting some of his low risk asset to a high risk asset.
Yeah  there  are  people who really  risk taker but  people like them will  most likely to become successful. What  he did  usually  a risky move  yes you are correct  mate his mediums risk  assets   he put into a high risk assets,  but in other  perspective  if the  said  real Estate  or land are idle an no income at all its a good move to sell that property  then investment  bitcoin  if he did that 2 years ago  imagine  how. much profit  he gained. 
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Selling your land to buy bitcoin, is not a good idea to me, land is a fixed asset which can only appreciate, has  little or no depreciate, compared to bitcoin which can be    frustrated at time, since bitcoin is a source of extra income, one suppose use he/her extra income to buy bitcoin.

Selling one asset to purchase another asset is not that unusual. A lot of people does that. But the difference here is that land is a low to medium risk asset and Bitcoin is an extremely high risk asset. So in this instance the OP is converting some of his low risk asset to a high risk asset.
member
Activity: 308
Merit: 14
Selling your land to buy bitcoin, is not a good idea to me, land is a fixed asset which can only appreciate, has  little or no depreciate, compared to bitcoin which can be    frustrated at time, since bitcoin is a source of extra income, one suppose use he/her extra income to buy bitcoin.
newbie
Activity: 98
Merit: 0
I often see here people who sell cars or now land to buy Bitcoin. I'm not sure this is the best idea, because like in every investment you have to buy Bitcoin with extra money that you do not need, But now because you have sold the land, do not do any more haphazard action.
member
Activity: 158
Merit: 10
February 28, 2018, 05:11:29 AM
Now is a good time to save as much bitcoin as possible and you are very brave with the speculation that you do by selling your entire estate just to invest with bitcoin. I think it's just a matter of time and it looks like you're waiting when bitcoin prices go up again.
member
Activity: 266
Merit: 10
February 22, 2018, 12:08:20 PM
Right now, such topics about the sale of real estate are very relevant. Everyone is trying to sell their cars, their fur coats, household appliances for bitcoin sake. And I think the right thing to do then you can sell a sell twice as much and also get a profit in it.
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