Update: Sold my investment property for bitcoin

Yes, the title is true and I did this last years. It was an investment property. Here's what I've learned along the way.

I see 3 paths for someone who is working and having disposable income. The first path is saving, a guaranteed losing option. Most who are saving think of it as safety and do not understand (yet) what is going on. They are years away from waking up. The second path -and probably much more dangerous-is the speculator. Options, random stocks, random cryptos, etc. I am not making fun of this person-I was this person 2 years ago. They are motivated by the right reasons often. Most will lose the vast majority of their money. It's a step 90% of us take. The third choice is an asset accumulator -they can have a short term trading horizon, but this person has the attitude that they must keep XYZ bitcoin.

-I continue to DCA and think it's the only strategy that works for 90% of people because most people that say they are waiting for a dip are talking, not planning. The dca is an actual plan. The "I will buy at 20k" crowd is the same crowd that loves to give opinions and talk. Talk is cheap. do not listen to these people-hanging out with them will make you poorer.

-The vast majority of people are clueless about what bitcoin, and crypto in general, is. This is a very good thing.

-The average person brought into bitcoin brings 1-2 more people. Monstrous.

-I knew several people who were saying from 2015-2020 the housing market would crash. Most of them have recently bought homes. I still think housing, especially luxury housing, goes up fast. Most of these people have little to no bitcoin relative to their net worth.

-There are many in bitcoin who have bought with no research. There seem to be more who hate bitcoin/think it's a scam who have done no research.

-I commented on an earlier post, and as huge real estate bull this pains me to admit: bitcoin in my opinion is much better than real estate at this point. Both are bets on long term interest rate suppression because of aging demographics, more money printing/debt, and essentially a debasing monetary culture. Bitcoin has the advantage of a fixed supply. The only reason I see real estate being better is if someone is okay with 20/1 leverage and/or buying a house and renting 3/4 rooms out.

-Bitcoin is not mainstream yet. Most people have more wealth on their wrist than they do in bitcoin. 80% of the people I know, most who have at least $2,000 month in disposable income, some who have $10--$12,000 a month in disposable income, have zero bitcoin. The rest have a laughably small amount.

-Most people who don't participate do so because of three things that all revolve around not putting in work: they think they are much smarter than they are (Go ahead: ask your friends how smart do you think you are? the answers are telling), they have not put in the work (very dangerous for a not smart person), and they believe I'm too late (once again, they do not put in the most basic of work).

-I can see that with bitcoin getting yield, it will start to nip at a small amount of bonds. The bond market is hundreds of trillions. Or, simply, there are 14 trillion dollars of negative interest bonds and much more to be issued in the future. Crypto is 2 trillion and bitcoin is 1 trillion. I expect the crypto market to be 20-30 trillion within 10 years.