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    Author Topic: I want sell my house for bitcoin  (Read 3386 times)
    fuguebtc
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    November 27, 2022, 11:32:48 AM
     #161

    The OP wants to sell an unused or unoccupied house. For me it's a good OP plan selling an abandoned house to buy Bitcoin at a time like the current price and the current market situation could be a good opportunity.
    I think the OP's thinking in this case is right that the OP wants to use real objects or assets (houses) to invest. The market is very volatile, but investing in Bitcoin in my opinion will not disappoint.
    It is an unused house meaning it is an idle asset so he can sell it to invest in bitcoin but there is no 100% guarantee it will bring him profit as well as create 3 other houses as he dreamed. Bitcoin is still a risky investment, besides thinking about profit, what should we think about if it does not rise again in the future? The higher the return, the higher the risk, there is no proof that bitcoin is always profitable without risk, bitcoin is no safer than real estate and gold.
    Bitcoin is indeed a risky investment and up to being a risky investment but chooses to invest in Bitcoin as a form of preserving value. Selling a house to buy Bitcoin is indeed not an option that can guarantee a return as expected, but rather than the house being abandoned, I think selling and buying Bitcoin is a good step in my opinion.
    We do not want to equate or differentiate Bitcoin with gold.

    I'm not saying that selling abandoned houses and investing in bitcoin is bad, but I want to remind OP that bitcoin is still a risky investment, it's not as safe as he thinks it is. When investing, we should take into account the return as well as the risk to make a decision with no regrets later. Our mutual advice to each other has always been to invest only money that can be lost and that is the message I want to send to the OP. Bitcoin can provide greater returns than any investment, but its risks are also not small.

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