What made you interested in investing in this type of deal?

This is a very personal question that is difficult to answer. 

Not able to buy in this area without going house poor.

Using simple numbers, assume I want to purchase a $100,000 property using crypto as collateral:- I pay the closing costs with cash- I put down 10% down payment with cash ($10,000) - I utilize a crypto mortgage for the remaining 90% ($90,000) This way, I still keep my crypto and I have a property, both of which may accrue in value over the long-term.

I'd recommend this strategy for a new investor vs. doing a HML on your first deal. 

This will give you a great front row seat to learn.

This kind of plays into the booking issue many have alluded to here.

After a bow is put on this property, I have another 35+ acre property in Jackson County, TX along FM 822 (Old Navidad Road) that I may have the opportunity to do something with.

My chest still hurts, and I continue to have the momentary, "Why did I think that this was a good idea?"

If you achieved this by paying all cash, then you are losing money.