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Humble Bitcoiner 6mo ago 💬 4

bought an appartment in 2020 worth 15.5 BTC. Today it’s worth 2.5 BTC.

Conclusion: stack sats not real estate

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Mr Anderson 6mo ago

Out of curiosity was it an investment purchase and do you still own it? Are the cash flows from it not enough to repurchase the 15.5 btc? Genuinely curious

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Humble Bitcoiner 6mo ago

It’s just my personal living place.

Bought it with a mortgage rate of 85bps so it was basically free money.

Would never say real estate (definitely not your own place to live) an investment

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Mr Anderson 6mo ago

Got it and in that case it was 15.5 BTC well spent if it’s your primary residence. Even bitcoiners need to have a place to lay their head 🙂

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Humble Bitcoiner 6mo ago

Sure! Given the circumstances it was a good decision. But as soon as the mortgage is paid of I’m selling it and going to rent places