I was wondering, if you had an opportunity to sell your stuff alike cars, pc, homethings and etc., would you sell it for bitcoin (or maybe other altcoin)? The main question is to see, are you ready trade stuff for cryptocurrencies and how do you imagine it?
The short answer is: NO.
I would not want to risk most of my properties being liquidated for the purpose of acquiring bitcoin as it lacks collateral and security. Even though the profit returns on investing into cryptocurrency (bitcoin to be specific) seems to be high as compared to other investment mechanisms, I would rather use a partial of my monthly income into acquiring bitcoin rather than using my properties which are relatively higher in value.
I think, if you sell cars and houses to buy such as bitcoin, then you are a kind of gambling behavior, good trading strategies are more likely to make money, but should try to avoid gambling,
Well investing is also gambling, in a way that you are risking your assets for a return of profits in the future. I recommend that instead of liquidating your properties and investing it into bitcoin alone, you should try diversifying it by considering other investment types such as stocks, golds, bank deposits in order to reduce the chance of losing everything and to maximise profits.
