What have you got rid of to accumulate Bitcoin

landheer

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Quote from: Oshosondy on March 29, 2023, 09:26:06 AM

I can not sell my land because of bitcoin. The land will also appreciate in price and value as the area it is located is getting developed.

Quote from: KiaKia on March 29, 2023, 09:16:07 AM

What are you doing to get yours? Let's talk

The only way I get bitcoin is the bitcoin I receive on this forum weekly and I think that is enough for me for now.

I agree with you and I also think that selling land to buy bitcoin is not a good thing unless the location of the land is in a location that is prone to landslides, floods and so on. if the land is in a bad location I think it can be sold and used to buy bitcoins.

if you already have income from this forum and the btc you receive is made into your investment it is an extraordinary thing.

serjent05

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Quote from: Stalker22 on March 29, 2023, 04:13:14 PM

I haven't sold anything to get more Bitcoin, but I have been hustling hard by budgeting and cutting back on unnecessary expenses. I have also been putting in extra work hours and taking on side gigs to earn more cash to invest in Bitcoin. I see Bitcoin as just one part of my overall investment strategy. While Bitcoin can be a great investment, it is still a relatively new and volatile asset. I think it is always wise to spread your risk across multiple investments.

You sold your fee time and leisure to buy Bitcoin Grin

.

Anyway, I sold my altcoins to buy Bitcoin. Even though they have the possibility to give more profit, but the time when it will explode is unknown. Aside from that one wrong move from those altcoin developer will render them worthless. So I'd rather have a more liquid cryptocurrency than a shot to the moon altcoins.

mvdheuvel1983

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I got rid of my Rolex watch and motorcycle to buy some Bitcoins.
I would never sell an item whose worth I know would appreciate in the future to buy Bitcoin, it would be silly of me.
Aside giving up anything, another way I get Bitcoin is to do odd jobs assuming I have lost my source of income. I would do odd jobs and request that the equivalent in Bitcoin be sent to my wallet.

StarKay

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We All Can Make It

Quote from: KiaKia on March 29, 2023, 09:16:07 AM

what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

Although having land as an investment is actually a good decision but I'll applaud you for having the ability to sell some of the land and use the money to buy bitcoin. It shows that you are very bullish on Bitcoin. Afterall it is always good to diversify your investment.
I presently do not own a land but I have a paying job from where I do take a percentage of my income to invest in Bitcoin. I am also bullish.

dunfida

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

Doesnt matter on what you do and its none other peoples business if we do speak about selling properties since its yours then there's no way other people would decide for themselves about your properties.

If you do see that its worth on investing out on Bitcoin via selling out those some properties of yours then it would really be your right on doing so.There's no one could stop you on what you would gonna do.

Accumulation on this year wont really be that bad considering that value is still slow.Getting in on these levels arent that a bad idea either.This is why
people do make out some comments about such selling decisions is that they are just simply that jealous because they dont have something to sell.lol

Fivestar4everMVP

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Quote from: isaac_clarke22 on April 01, 2023, 01:02:49 PM

Quote from: fuguebtc on March 30, 2023, 04:01:02 AM

~

Land can just appreciate while Bitcoin would either increase or decrease. It would be better to just keep the property up for rent instead of entirely selling it so that people would still be able to generate revenue. Selling the land or property is like the last resort that you would do if you really need some cash, but not entirely to be used to invest to Bitcoin.

There was no time that I ever made investment to Bitcoin as an emergency.

Exactly mate, and it seems the majority are slowly forgetting one of the safety tips of investing in bitcoin which is that we should only invest spare money, and also money we can afford to loose.

Investing in bitcoin is a great idea, but I think doing it while following the above rules will make the investment process very easier for us, and as well position us for a better profit from the investment in the future when we are finally ready to sell and cash in on our bitcoin investment.
Remember that when we rush in into something, there is a high chance that we might also rush out sooner or later, it make no sense investing in bitcoin, and want to pull the money out in a two or three months times, except the profit target has been reached/achieved.

Kasabus

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

I don’t have any property yet, so I don’t have anything to sell either. And even if I have any, I won’t end up selling my property just to invest in bitcoin. Bitcoin investment takes a lot of risks, and if you are not knowledgeable and patient enough, you will only lose your future profits. That’s why it never come to my senses of selling my property if there is any, I would gladly add more to it than to sell and might lose it in the long run.

mv1986

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Quote from: Botnake on April 02, 2023, 02:45:56 PM

Quote from: EarnOnVictor on March 30, 2023, 07:18:18 AM

As much as we might want to take part in the blessings of Bitcoin, we should take it gently and be sensible about it. You should not be so desperate to sell anything in your way simply because you want to buy Bitcoin. Landed property is an asset as well, I might only consider selling about 20% of it if I so much desire to invest more in the coin.

Thankfully, no need for that as I've been in the investment environment for many years before Bitcoin, so it has been calming me. And when I know about the coin, I just moved some money there without selling any property.

I've also been sending spare money regularly to own more of it, but under ease.

You should also know OP that there’s no late in bitcoin, so always take your time to prepare for your investment, but never be desperate enough to sell your property just because you firmly believe that bitcoin will triple your profits in the future. Yes, that could be your strategy too, but I should say it’s a very risky strategy, and you might lose them both in the future unknowingly the moment you’ll start taking wrong decisions in your investment.

Selling property can be justified if it's not the last bit one owns. Land or real estate in general is a form of investment and shifting wealth from one type of asset into another asset can make total sense, at least if you know what you are doing. Gambling away property shouldn't happen though, so only go for it if you can bear a temporary crisis as well. Many people are confident about Bitcoin's long-term prospects, but you should avoid to get into a situation where you could be forced to sell at a loss.

Distinctin

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

You are only expecting for profits, but how about if you lose? That means you will lose your property as well. So I would say your decision is quite a damn idea, no offense mate but no one would take chances to sell a property just to gain another asset. In fact, you can own bitcoin just by merely earning and saving, though it might take you long before you can invest, but at least you won’t be in panic when your investment is not doing well. Remember that bitcoin is highly volatile, one day the price may surge and then the other day the price collapses. So bitcoin can never guarantee secured profits, that’s why never invest if you think you are not prepared enough.

Botnake

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Quote from: EarnOnVictor on March 30, 2023, 07:18:18 AM

As much as we might want to take part in the blessings of Bitcoin, we should take it gently and be sensible about it. You should not be so desperate to sell anything in your way simply because you want to buy Bitcoin. Landed property is an asset as well, I might only consider selling about 20% of it if I so much desire to invest more in the coin.

Thankfully, no need for that as I've been in the investment environment for many years before Bitcoin, so it has been calming me. And when I know about the coin, I just moved some money there without selling any property.

I've also been sending spare money regularly to own more of it, but under ease.

You should also know OP that there’s no late in bitcoin, so always take your time to prepare for your investment, but never be desperate enough to sell your property just because you firmly believe that bitcoin will triple your profits in the future. Yes, that could be your strategy too, but I should say it’s a very risky strategy, and you might lose them both in the future unknowingly the moment you’ll start taking wrong decisions in your investment.

boyptc

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Quote from: karmamiu on April 01, 2023, 06:49:39 AM

Quote from: boyptc on April 01, 2023, 05:30:05 AM

~snip~

I usually don't like the idea of selling something important just to buy something with the same importance rather, I'd try to find a way to acquire new source of income in order for me to buy the things that I need or even investments. I won't specifically judge anyone just because they want to sell something like property or another asset, coz we don't know what's the situation and besides it varies directly from person to person as to which is important to him/her or not.

The same as me, I'm that type of investor that feels hard to dispose my other investment for another one. And if I want to add some, I'll also do the same as you, and that's to find some other ways if it's possible so that I can use that money from there and save the other asset from being sold.

There's no need to judge someone that does it, it's their asset and investments and they know what they think is best for them. Flipping is a good strategy to prolong your wealth if that's what you want to do, at the same time it's also fun.

K0iN

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

The number one rule i go by is; Do not sell or invest anything you will miss if you lose it!

Russlenat

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Quote from: EarnOnVictor on March 30, 2023, 07:18:18 AM

As much as we might want to take part in the blessings of Bitcoin, we should take it gently and be sensible about it. You should not be so desperate to sell anything in your way simply because you want to buy Bitcoin. Landed property is an asset as well, I might only consider selling about 20% of it if I so much desire to invest more in the coin.

Thankfully, no need for that as I've been in the investment environment for many years before Bitcoin, so it has been calming me. And when I know about the coin, I just moved some money there without selling any property.

I've also been sending spare money regularly to own more of it, but under ease.

Right. Investing in bitcoin is never a competition, so you can always invest if you have saved already enough funds to invest, but if not, don’t be in a hurry, just take your time and only invest by then if you are able enough and is ready to take the risk. However, selling your property might be a very risky move. You don’t have to sell to invest. Investing has its certain risks. And if you’re not good and does not know how to manage your investment, selling your property will still be useless as you might only lose it in the end.

Sanitough

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

I would not say it’s a stupid decision because you have decided it to gain benefits and profits in the future. For most of us here who have properties that are also not in profits, it’s better to sell them than to keep paying the taxes for long. And it’s your own property so you have all the right what to do with it. But always know that investing in bitcoin comes with risks, as you might lose them all if you are not responsible enough. That’s why always invest with an amount that you can afford to lose as there’s no guarantee to keep in profits when you are in an investment.

isaac_clarke22

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Quote from: fuguebtc on March 30, 2023, 04:01:02 AM

~

Land can just appreciate while Bitcoin would either increase or decrease. It would be better to just keep the property up for rent instead of entirely selling it so that people would still be able to generate revenue. Selling the land or property is like the last resort that you would do if you really need some cash, but not entirely to be used to invest to Bitcoin.

There was no time that I ever made investment to Bitcoin as an emergency.

AnonBitCoiner

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There is no doubt that bitcoin is a beneficial investment but selling some other thing for investment in Bitcoin is not appreciable. Nowadays buying of land is very difficult because people do not have much money to live their life easily so buying of land become somewhat difficult.

I don't think that selling of land is a good idea because you know very well that the price of land will definitely increase but for that of bitcoin we cannot guarantee its enhancement price. 2023 is a successful year for all bitcoins holders and those who already have bought bitcoin will have more benefit these days as the price is increased.

panganib999

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Unplanned expenses. Not entirely getting rid of it because those are stuff that you don't expect anyway but something that I have actively avoided since I found out how much it compounds over time. Now, for every venture, outing, or expense I am going to commit, I don't belligerently throw money down like I'm the owner of Kaiba Corp. but I mentally calculate or estimate how each purchase is going to be, if it's something that will be for a later date I'm going to conduct price research for it and find best deals so I don't spend that much. Since employing this strategy I found that I don't depend on my investments anymore for when money comes short, because in the past that's what I do, (and I know a lot of you do that too). So this has severely help me secure my investments are kept intact.

Uruhara

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I personally invest in bitcoins not too hastily. I just keep collecting piece by piece regularly and regularly. because I also balance my daily, weekly and monthly needs in using money. I don't know what I'm doing whether it's DCA or not. but what is clear is that I continue to collect it when I have extra money that is not used. after I arrange my money for all needs including for emergency savings and such.

I know the potential for bitcoin is high but I also have to stay calm because I also know that there are big risks that must be faced. so that I don't sell any items just to buy bitcoin. but the salary that I receive from work is most likely around 5-20% percent continues to go into bitcoins every month. because my target is not only in 2025 but I think it is much longer than that. so that I only use really cold money.

crunck

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crunck

Quote from: Inwestour on April 01, 2023, 07:40:18 AM

Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

It's your choice, it's up to you to decide whether to sell the land for investment or not, I am against such a decision, but this is just my opinion, it's up to you.

I can only say that if you decide to do this, then wait for the bull market and never sell if the price is going to fall. 2023 may not be what you expect, there may be a long flat, or even a further fall, and only by 2025 will we reach the peak of growth in a new bull market.

In the long run, your investment should bring a good profit, and if the land does not rise much by this time, then you can buy more than you had, or buy what you previously sold, and leave the rest in bitcoins to wait for further growth.

There will also be cases where bitcoin won't rise, and real estate will increase because life is full of surprises. I don't have a problem with him selling land to buy bitcoin, but I hope he knows what he's doing and won't regret it if his prediction doesn't come true. If it were me, I wouldn't sell land to buy bitcoin, I'd rather accumulate bitcoin every day than sell land, it's the most valuable asset today.

Inwestour

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Quote from: KiaKia on March 29, 2023, 09:16:07 AM

Some people said that selling off your properties for any reason sake is bad unless its an emergency, well I say, selling some part of my land is an emergency for me to grab some more Bitcoin, I feel like 2023 is going to be an incredible year for Bitcoin investors, I could get some more lands in 2024 or when Bitcoin makes a new ATH, what do you guys think? A stupid decision or a brilliant one? How will you take this?

Also share me what you have sold this year to buy some Bitcoin, we will still be here in 2025 and I can't wait to share my incredible success story on the forum, Bitcoin loading, 100% acquired.

What are you doing to get yours? Let's talk

It's your choice, it's up to you to decide whether to sell the land for investment or not, I am against such a decision, but this is just my opinion, it's up to you.

I can only say that if you decide to do this, then wait for the bull market and never sell if the price is going to fall. 2023 may not be what you expect, there may be a long flat, or even a further fall, and only by 2025 will we reach the peak of growth in a new bull market.

In the long run, your investment should bring a good profit, and if the land does not rise much by this time, then you can buy more than you had, or buy what you previously sold, and leave the rest in bitcoins to wait for further growth.

Topic: What have you got rid of to accumulate Bitcoin (Read 603 times)