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I sold my Bitcoin to buy an apartment in Iran. Now I regret it.
51 sats \ 32 comments \ @0376fcf12d 21h bitcoin
Hello friends,
I'm writing from Iran. About 3 years ago, I had 0.6 BTC — it was mostly from my savings and also part of my mother's money. At that time, due to family concerns (like “what if I die? how can my siblings get the money back?”), I sold all my Bitcoin and bought an apartment.
I thought maybe I could earn rent and grow my savings that way. But after three years, I’m deeply disappointed. The apartment gave me negative returns and I feel like I lost not just money, but a once-in-a-lifetime opportunity.
Now I’m ready to change direction. I’ve convinced my mom, and I’ve decided to sell the apartment and go back to Bitcoin — this time to HODL for at least 10 years. I believe in Bitcoin more than ever, and I don’t want to make decisions out of fear anymore.
I'm sharing this here to get some emotional support, and even some financial support if you feel like helping. I live in a poor country, my job isn’t paying much, and any donation would be meaningful. Also, if you're curious about life in Iran or want to talk, I’m happy to answer and connect.
Thanks for reading 🙏
Here’s my Lightning Address if you’d like to support:
qualityoath05@walletofsatoshi.com
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21 sats \ 0 replies \ @chovyfu 20h
True believers don't hold for 10 years. They just HODL for life.
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10 sats \ 1 reply \ @Taft 20h
It’s a sad story selling your precious Bitcoin for an apartment you don’t even need.
However, posts like this don’t really work here. No one is going to give you their precious sats just because you live in a poor country. Many of us here are stackers from poor countries too, working low-paying jobs but we don’t beg for sats.
Try to contribute something of value to the forum, and you’ll see just how generous other stackers can be.
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0 sats \ 0 replies \ @0376fcf12d OP 20h freebie
You are right I to to do that. Thanks for your attention and suggestion.
0 sats \ 19 replies \ @supratic 13h
I'm sorry for your loss! Hopefully the apartment increase in fiat value!
Send us pictures from Iran!
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0 sats \ 8 replies \ @0376fcf12d OP 13h
Pictures like what?
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0 sats \ 7 replies \ @supratic 13h
Anything that include something from Iran... I'm curious!
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0 sats \ 6 replies \ @0376fcf12d OP 13h
Thanks for your curiosity , I will take some when I'm back from work, now I'm at work it's against my privacy to take photos from work, you can ask questions instead
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0 sats \ 5 replies \ @supratic 13h
you don't have a picture that does not comprise your privacy in your current device?
You can drag and drop any image or use the icon in the top right of the textarea when writing a comment
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21 sats \ 4 replies \ @0376fcf12d OP 12h
That's all I got , others are including me
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0 sats \ 9 replies \ @0376fcf12d OP 13h
I sold the apartment and bought back Bitcoin
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0 sats \ 8 replies \ @supratic 13h
good on you... that was quick! how much was the value change of the apartment, including all the expenses related to the buy and sell operations?
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0 sats \ 7 replies \ @0376fcf12d OP 13h
They are in rial currency , I have to exchange it to dollar so you can understand , but If I had hodl that three years I could have 5 of those apartments at least
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0 sats \ 6 replies \ @supratic 13h
that's k, don't think about that. You have hopefully learned a lesson, and that's the price. From now on, you are a sats-illionaire... Congrats!
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0 sats \ 5 replies \ @0376fcf12d OP 13h
Don't you think transaction costs are allot , even on lightening layer?
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0 sats \ 4 replies \ @k00b 13h
We'd all love to read about Iran. Especially if you have honest personal stories about how people are using bitcoin there.
PS asking for donations here usually has the opposite effect of what's intended. you had a nice post up until the point where you asked for money.
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100 sats \ 3 replies \ @0376fcf12d OP 13h
I'm sorry for asking about money
About Iran , there are really big exchanges here , one of the biggest one is nobitex, and some of my money was held in there before it got hacked During the 12 days war it got hacked and 100 millions of dollars worth of Bitcoin and other assets were transferred into a trash address to destroy people's money You can search about it by searching nobitex hack , and I got my Bitcoin back after about a week , I'd be happy to explain more , and talk more about Iran , I was just searching for some positivity , I'm sorry for asking money
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0 sats \ 2 replies \ @k00b 13h
I think I remember hearing about the exchange hack. Thanks for sharing!
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0 sats \ 0 replies \ @0376fcf12d OP 12h
I actually found an exchange that accepts lightning , it was so surprising for me, I signed up there today
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0 sats \ 0 replies \ @0376fcf12d OP 13h
They gave all money back , that was so surprising for me to get my money back , because the rules in Iran are not against Bitcoin , but exchanges aren't supported very well and they have stupid rules to convince the government to let them run the exchange
We have power outage allot of times I think it's because government is mining Bitcoin
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0 sats \ 1 reply \ @byzantine 17h
cringe
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0 sats \ 0 replies \ @0376fcf12d OP 16h
Sorry I just needed some positive vibes
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0 sats \ 1 reply \ @Grateful 18h
People have done well out of property in the last few decades but now there is a new king in town as you are finding out. All the best and no need to sell the BTC you own in 10 years.
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0 sats \ 0 replies \ @0376fcf12d OP 18h freebie
Thanks allot for your positive comment and your donation.