Nate's avatar
Nate / 2 months ago
Constantly stuck between wanting to buy some raw land with bitcoin rn and waiting just a little longer. Been waiting 'just a little longer' for so long that I'm having to relearn how to live in the present

Replies (2)

BTC_P2P's avatar
BTC_P2P 2 months ago
I feel this. I think this next calendar year is our moment. The ability to live on the land, build my own domicile, produce food / harvest energy and potentially make money in other ways with the land makes it a good proposition for me. In 10 years on my own land I will save > $200,000 in rent and turn $300,000 (raw land and development costs) into a property easily worth 2x what I put in, plus the savings in rent. It’s also more secure, something that I enjoy doing and a creative outlet for me. I’ve weighed it out and I think it’s worth it.
I don't want to give a way my SATs 🥺 I don't have enough as it is. I want to wait at least a few years and see how people using the Bitcoin backed loans turns out. Might be good, might be a huge trap 🤷‍♂️