Thread 512970009

Should I sell my crypto to buy an apartment?

It feels cucked to buy an apartment governed by a karen housing association here in Stockholm at such absurd prices, but the BTC/ETH prices atm give my little collection a high enough value that I can get the desposit for an apartment in the city, currently rent

>>512970009 (OP)
daily reminder that dollars are not money

>>512970009 (OP)
>apartment

Don’t come here for life advice. That’s retarded.

Just hold, retard.

>>512970009 (OP)
If you can buy it then yes if not no dont rent with your investments wait longer acquire enough to buy

>>512971616
you are always on the hood for property tax though

>>512970009 (OP)
the biggest problem with buying a house/apt is that it is verrrrrrry difficult to move.... so when the pajeets or sand monkeys flood in or you just get noisy crappy druggies next door you are fucked

>>512970009 (OP)
All crypto should be deleted.

>>512970009 (OP)
You have to way how much you would regret it if you sell and it 10xs afterwards in a few years vs how sad you would be if you don't sell and there's a bear market for years

>>512973474
I dont think in any world BTC 10xs, even 2x seems unrealistic these days, but the ETH i have might do something wild idk

>>512971616
I can get the deposit for an ok place in the city, around 40k euro

thx for the top signal
cuck bag holder

>>512973947
nigger dont understand marketcap after 15 years

>>512970009 (OP)
Nigger Bitcoin appreciates in value because the demand is there for it. E.g. more people join the network and want Bitcoin. The fact that you want to use something like USD to measure it and some kikes are counterfeiting said USD at an exponential rate doesn't say much other than the currency has devalued.

>>512973947
>I can get the deposit for an ok place in the city
Then do that. I wouldn't stay in shit like ETH or other alts in the long run. Your best bet is to just sell that crap and just hold bitcoin on a wallet you control. Sit on it until the next halving at least (which is in April 2028). That's all you have to do. You don't have to check the price all the time. You don't have to trade shitcoins. The vast majority of people will never do this. Even I didn't do this in 2017. I had 7 BTC at the time, I played in the shitcoin casino and ended up with 3.3 bitcoin because I was greedy. Then? Foolishly fell for the lending product/yield shit in 2021. Now I only have just over 1 coin. That coin is still means I'm insanely up from my initial 20k euro investment to buy those initial BTC all those years ago. But I still think about how I would be over 700k euro now if I just put those coins on a wallet and just fucking forgot about it for 8 years.

And you know, I had the same retarded ideas as you have now. BTC is doing making it's big gains right? Oh look over here, here's a shitcoin that rose really fast. Better trade my BTC. Don't do it.

Good luck buying a home with electronic coins.

>>512977044
You convert them to a currency a homeseller wants then use that currency to buy the home.

>>512976889
Eth has more signals to last long term tha n even BTC, major payment processors are building on ETH, it hasnt been under the altcoin/shitcoin umbrella for years

>>512978482
Take a look at this chart of ETH. See how I toggled price in BTC? Do you see how the value has tapered off? If ETH was taking off and overtaking Bitcoin that dark yellow line would be rising. It's not. There's a whole industry that wants you to think this is complex, that you need "payment providers" and other nonsense. To covince you that is the next Bitcoin. You are their exit liquidity, nothing more.

>>512973947
>I dont think in any world BTC 10xs
ngmi

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>>512970009 (OP)
kek
I am not familiar with real estate market in Sweden, but something tells me that apartments there cost a fortune and that you cannot pay for them in your goy coins
How do you even plan to cash it? I am not trolling, I am really interested to know. As in my opinions not a single online exchange will all you to do it. Mostly likely they will block all your coins telling you to fuck off

Unironically, I would cycle out of eth/btc into XRP or XLM, hold for a couple months, then sell.

Also, depends where in Stockholm you plan to get an apartment. Do you work there already?

>>512980825
It takes me 30 seconds to send it to kraken then I place a sell order and when someone buys it I recieve euros? Why do some of you believe its not real value lmao its 2025

>>512979558
Its coming back on tho, eth has all the signs to perform better, it just doesnt have the meme pushes

>>512979790
Explain a world it can hit 1 million usd

>>512981953
Yes I work in the very center and I metro in but being able to walk to work would be a dream, also I currently rent anyway

>>512970009 (OP)
Nothing would please me more than if by some miracle zoomers could actually start buying houses.
I would start a handyman service and make bank off all you incapable faggots.

>>512982105
>Explain a world it can hit 1 million usd
Bitcoin doesn't have to do shit for it to hit that level. USD can just keep getting devalued exponentially. Then there's the fact that if people know their currency is going to shit they'll want to put it into things like Bitcoin, which will increase demand for it (and since there is fixed supply) it will increase the price.

If you buy this chart and hold it you will lose Satoshis. You can brag about how much you "made" in USD or SEK but if you just put that money into BTC it will hold its value better. You can even run an experiment. Put half in each with your spare money in SEK. Buy them around the same time and average it out over a couple of months if you want to rule out unlucky timing of buying one or whatever. Come back in April 2028 and see.

>>512983223
I did that around this time last year, 12500 euro in each

>>512970009 (OP)
more like
2016-288k
2020-328k
2024-1.2M

>>512976889
>Then? Foolishly fell for the lending product/yield shit in 2021.
I lost 3k link I bought at under $5 for another 1k LINK on AAVE and lost it all like a retard. I got traumatized lol but I need to start investing somehow. I have like 0.2ETH and 15 LINK left. I can probably put in a couple hundred a week on btc

>>512983334
The biggest joke of the GDP calculation is that they actually put in things like "government administration" into it. Which means, if you look at some place like the UK, where half the economy is the government in some form (public health system, national defence and so on). It means as that bureaucracy around this expands, it means the heckin' GPD just went up! And then you have a government paid economist tell you that it's all about debt to GPD because "the economy grows faster than the debt" - government expenses isn't the economy.

>>512983583
And you're already up in Bitcoin. Do you have a portfolio tracker that lets you see them individually? Because it's one thing to get the satisfaction of line or number go up but if you have a portfolio you need to see how the individual items are performing.

>>512983983
I'll make it easy for you. Give up trading. Most people can't handle it, they make impulsive and stupid decisions on whim. Accept that there is a certain type of person made for that kind of thing and that's probably not you. You worked for this money so try to have some respect for the time you spent to get it.

Easy thing for you to do, is if you're on some platform like Coinbase, you just set up a recurring buy. You set that to something you can comfortably afford (i.e. you're not adding financial stress to your life by doing it). You set an interval like once every few weeks or every month. You forget about it. You don't even check the price. You move that shit off the exchange and onto a wallet you control when you log in and see that the balance is worth something that is starting to make you feel a bit uneasy. That's a good problem to have and if you aren't expert with computers and worry about being hacked just get a hardware wallet. You just need the discipline to forget about it for at least another cycle. Then decide what to do. Most normies can't even wait like 4 years. It's sad.

>>512984689
Im willing to wait. Ive licked my wounds and need to have my money grow somehow. I'm not gonna try swing trading again like I used to yeah. Funny enough my boomer mom called the top for 2017 and 2021, shoulda listened both times.

>>512984689
Also I do have a Trezor and am computer savvy enough to keep it there

>>512970009 (OP)
The prices will only go up so its best to buy as soon as you can.

>>512980825
Here you can exchange it for cash instantly. We got crypto atms everywhere.
Can cash out as much as you want instantly, dont even need an ID.
Some normal currency exchanges like the ones that converted local currency to usd nowadays exchange crypto too, instantly, for cash.

I don't think Bitcoin will do well during a real recession. We will see, and if it outperforms stocks during a recession through to recovery then I will believe in Bitcoin and regret not joining the hype train sooner. But I don't think that will happen. I think in a recession times get tight and the hype evaporates and people will scramble to convert their tokens into usable currency and it will crash. From there it might have an epic recovery, but as for now I ain't touching that shit.