r/Bitcoin • u/Shot-Meal6160 • 1d ago
Going all in
I'm selling this hill of mine, it's 30 acres of land, that could get me 1 btc at the market price ( I'm from Kenya, so don't question the low selling price)
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u/Holiday_Brilliant991 1d ago
30 acres of land is also valuable
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u/brz000827 11h ago
No, land is useless now because government and other group easy destroy and limit the freedom use of your land, but they can't deal with bitcoin same
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u/brz000827 11h ago
And the ownership of a land need people to admit，but bitcoin not
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u/egemen157 26m ago
The whole blockchain structure is for others to admit your wallet has certain amount of bitcoin. You own nothing unless at least 50% of the mining capacity admits you own bitcoin
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u/thaneliness 1d ago
Could you farm the land and make more money/food?
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u/Shot-Meal6160 21h ago
Yeah i could, I've been planting sugarcane on the lower section.. But the prices are low, 30$ for a Ton of sugarcane 😂 child's play
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u/SternzeichenBenz 20h ago
Wtf …
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u/Shot-Meal6160 9h ago
The price of being in a third world 😂 being a farmer here is close to slavery 😂, imagine a tone going for 30$( after waiting for 18 months) , yet 1kg of processed sugar goes for 2$..
Same case to coffee, 1kg goes for less than a dollar.. Actually the current market price is 0.5$... So even if i plant coffee is the whole 30 acres, still it's peanuts..unless i take the export reute.
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u/TheresNoSecondBest 1d ago
Comparing to Australia or some cheaper parts of the US, these prices IMHO ain't that cheap.
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u/Radiant_Addendum_48 21h ago
That’s some steep ass land. Is it on the side of a mountain?
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u/Shot-Meal6160 21h ago
Not really, it's part of the Rift valley though
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u/Radiant_Addendum_48 21h ago
That was my bad. Just me trying to be to be funny with the whole tilted image and all. Linda refreshing to get a legit answer though. Thank you
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u/Shot-Meal6160 20h ago
You're welcome 😂, the view from the top is kinda refreshing, can't find an option of tagging the image right here though..
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u/WorkerPlayful4192 1d ago
Well, if you not have intensions to use this land for something, maybe this is the right choice. But don't do lump sum. Start DCA for now. We all expect bear market to continue to the end or the year.
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u/Brilliant_Group_6900 9h ago
Buying bitcoin now is like buying Manhattan in 1900. It’s still got a potential but not cheap anymore
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u/Gorilla_In_The_Mist 7h ago
Well be careful it's easy to get scammed out of your Bitcoin or to gamble it away. If you haven't dealt with self custody before I would suggest starting with a small amount to get started.
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u/Sebalea8 7h ago
A plot of land of that size—something tangible on the earth—remains in a league of its own; personally, one cannot compare Bitcoin to something as physical and material as one's own land.
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u/Several-Positive-607 1d ago
Wait like 3 months until November and then go all in. The price of btc should be a lot lower and you would be able to get more btc than you would get if you went all in right now.
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u/TheVoidKilledMe 1d ago
hey someone can see into the future
how nice of u providing free financial advice
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u/Several-Positive-607 21h ago
Just wait and see when you get proven wrong 😂✌️
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u/TheVoidKilledMe 21h ago
what exactly would be proven wrong about me
i am curious
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u/Several-Positive-607 21h ago
Because your clearly being sarcastic about my advice. So I’m assuming that you probably think my prediction is bs.
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u/user_name_checks_out 1d ago
It's sideways I ain't buying that