But investing in land is much safer
Investing in Bitcoin is undoubtedly riskier than investing in land. Investing in bitcoin may not bring profit even if you hold it for a long time but investing in land for a long time even if that land is sold then a certain amount of profit will come which you may not get for investing in bitcoin. Moreover, in the current context, investment in land and gold sectors is encouraged because the demand for these two assets is increasing day by day. If you don't have the opportunity to invest in bitcoins at present, it is recommended to invest in land and gold. 
Topic: I will invest the money to buy the land in Bitcoin. - page 2. (Read 1144 times)
Investing in land is probably one of the best decisions that you will ever made to be honest. You know why? The land's value keeps appreciating overtime and it won't be saturated in many decades and centuries to come.
One of my close friends has invested in a 200 sq.m. land just near the city's airport which is a good location by the way while she's involved into Bitcoin and cryptocurrencies.
If my wallet was not hacked sometime last year, I would have used some of my spare funds to buy land at a good location. But it's not yet too late though as I am saving up and allocate some of it to buy my own land.
One of my close friends has invested in a 200 sq.m. land just near the city's airport which is a good location by the way while she's involved into Bitcoin and cryptocurrencies.
If my wallet was not hacked sometime last year, I would have used some of my spare funds to buy land at a good location. But it's not yet too late though as I am saving up and allocate some of it to buy my own land.
I am a government servant, working in regional land office.
Most likely the country you live in does not have bitcoin legalization so you are not engaging in anti-government activities as a government employer investing in bitcoins are you? It would be wise for you to invest in land because investing in bitcoins can leave you with a government job for money laundering. That is why you should refrain from investing in Bitcoin for now and insist on investing in land.But you can invest in Bitcoin if you can invest in Bitcoin with special privacy protection. But I would like to tell you that your responsibility to protect your govt job first then please think twice before investing in your bitcoins. But if you can avoid all the hassles and keep yourself safe then you can invest in Bitcoin.
Investing in land is safer than investing in bitcoin, but that doesn't mean real estate investing is risk-free. When investing in land, there are still unpredictable risks, no investment is risk-free. The important thing is each person's choice, if OP is willing to accept risks and challenges then he has absolutely the right and should invest in bitcoin instead of land. Since bitcoin's returns are so much greater than other investments, it's worth the trade-off.
I don't know if OP's country bans bitcoin but if he can invest in bitcoin then he should invest in bitcoin rather than land.
I am a government servant, working in regional land office.
Most likely the country you live in does not have bitcoin legalization so you are not engaging in anti-government activities as a government employer investing in bitcoins are you? It would be wise for you to invest in land because investing in bitcoins can leave you with a government job for money laundering. That is why you should refrain from investing in Bitcoin for now and insist on investing in land.But you can invest in Bitcoin if you can invest in Bitcoin with special privacy protection. But I would like to tell you that your responsibility to protect your govt job first then please think twice before investing in your bitcoins. But if you can avoid all the hassles and keep yourself safe then you can invest in Bitcoin.
I am a government servant, working in regional land office.
Most likely the country you live in does not have bitcoin legalization so you are not engaging in anti-government activities as a government employer investing in bitcoins are you? It would be wise for you to invest in land because investing in bitcoins can leave you with a government job for money laundering. That is why you should refrain from investing in Bitcoin for now and insist on investing in land.But you can invest in Bitcoin if you can invest in Bitcoin with special privacy protection. But I would like to tell you that your responsibility to protect your govt job first then please think twice before investing in your bitcoins. But if you can avoid all the hassles and keep yourself safe then you can invest in Bitcoin.
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.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.
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).
That's it. At least for the things that he thought were good, bitcoin became his hope so that he could still get the land he wanted to buy, so for now he just has to wait for a bull run to increase even more the value of bitcoin until it maybe reaches the price of the land he wants to get.
And in that regard, I don't seem to see anything wrong with what he sees for Bitcoin and what he sees as helping him with the problem he is facing. It's also rare that people pull out their savings from the bank to allocate them or exchange them for Bitcoin. And this was no joke decision for me.
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.
Are there any fees that the bank doesn't take or are they lower if we have a bank account?
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.
I'm just a bridge to investment. If if I need to exchange my crypto assets into fiat. For other special savings, for example if you want to make a deposit, take a bank loan or something else.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.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.
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.
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.
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.
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.
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.
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.
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.
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
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
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