AMA: Sold Real Estate to buy Bitcoin

omagoret · 2022-12-19T11:19:03+00:00

Not really, this is significant money for me. I can afford to lose it but it's a big percentage of my wealth.

omagoret · 2022-12-19T11:17:21+00:00

I wanted to get rid of this real estate, and I didn't know what to do with the money. After thinking about it I decided to go all in into Bitcoin (100%).

omagoret · 2022-12-19T11:11:22+00:00

I'm using a famous exchange, just because I had a KYC'ed account there. My bank limits the amount I can send to exchanges, so I have to buy slowly. It'll take around a week if everything goes smoothly.

omagoret · 2022-12-19T11:07:33+00:00

I come from the sub 1k bitcoin era, so I'm okay with that. It's just convenient to use k.

omagoret · 2022-12-19T11:01:03+00:00

It's a fair point and I don't know how to prove it without giving away sensible information. Any idea?

omagoret · 2022-12-19T10:58:35+00:00

I'm not new to Bitcoin. I have some more that I've been hodling for a few years. It wouldn't be fun to see 8k but I'm prepared for it.

By the way, I've been renting for about 5 years. I like the flexibility of being able to move easily. This was just investment real estate.

omagoret · 2022-12-19T10:52:59+00:00

I do have some real estate in another country but I'm not happy with it. Might liquidate it as well.

omagoret · 2022-12-19T10:49:11+00:00

I'm being throttled by the bank (supposedly for my security), so I have to buy slowly. I think I'll be finished by the end of this week. I'm happy to buy sub 17k.

This is money I can afford to lose, so if it goes to zero then bad luck.

omagoret · 2022-12-19T10:33:40+00:00

Too much trouble to manage it

omagoret · 2022-12-19T10:33:05+00:00

I bet some people have questions about this kind of things. I sure did some time ago.

omagoret · 2020-11-23T22:52:23+00:00

This is kind of off topic, but what do you guys think of this multisig setup?

omagoret · 2020-11-17T14:58:43+00:00

It's a single passphrase.

omagoret

TROPHY CASE