Buyng Student apartment for Bitcoin. Idea for earn passive income?

justspare

hero member

Activity: 1022

Merit: 538

Quote from: P2Pfinder on September 02, 2017, 04:23:43 AM

Quote from: webdevmastery on September 02, 2017, 04:16:05 AM

Quote from: P2Pfinder on September 02, 2017, 02:42:23 AM

Hallo,

I live near a good univesity with about 50k students. Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly.

Now i have opportunity to buy 1 apartment for abot 80k eur , so about 20 bitcoin . (I have about 27 bitcoin atm)

Now i'm really confused about what to do! Because i think bicoin could move up over 10k eur in next 10 years, but this could be only an option because it could go to 100K or to 0.1... So if i hold i coudl earn more (or lose more). But if i sell my bitcoin in i buy this house i hill have a montly revenue (now abut 0.2 bitcoin ) and a full Roi in less than 10 years.

I'm thinking to buy this home and to reinvest montly income for 60% in bitcoin , 30 in other crypto and 10% to use for house mainentance. What do you think about?

**There are 2 other apartments for sale at same price: i don't have other to invest, but if someone is interested could contact me

I am also a student and i started to become a trader without any capital and knowledge about bitcoins, So it means i work hard here in this forum to earn bitcoins and i started earning it from joining signature campaigns. That is the easiest way you can earn bitcoins if you really want a passive income, Try to explore here in the threads to learn every ways of earning bitcoins.

I just earn bitcoin from my trading activities. Also i haev a job for Fiat. I just tempted to consolidate my saving

If you are earning from trading that too bitcoins, it means you have great skills in trading because generally people tend to lose in trading. You have day job that’s why not going for signature campaigns etc. keep holding your bitcoins because soon they are going to touch the heights of sky making all of us rich.

P2Pfinder

full member

Activity: 249

Merit: 109

Quote from: webdevmastery on September 02, 2017, 04:16:05 AM

Quote from: P2Pfinder on September 02, 2017, 02:42:23 AM

Hallo,

I live near a good univesity with about 50k students. Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly.

Now i have opportunity to buy 1 apartment for abot 80k eur , so about 20 bitcoin . (I have about 27 bitcoin atm)

Now i'm really confused about what to do! Because i think bicoin could move up over 10k eur in next 10 years, but this could be only an option because it could go to 100K or to 0.1... So if i hold i coudl earn more (or lose more). But if i sell my bitcoin in i buy this house i hill have a montly revenue (now abut 0.2 bitcoin ) and a full Roi in less than 10 years.

I'm thinking to buy this home and to reinvest montly income for 60% in bitcoin , 30 in other crypto and 10% to use for house mainentance. What do you think about?

**There are 2 other apartments for sale at same price: i don't have other to invest, but if someone is interested could contact me

I am also a student and i started to become a trader without any capital and knowledge about bitcoins, So it means i work hard here in this forum to earn bitcoins and i started earning it from joining signature campaigns. That is the easiest way you can earn bitcoins if you really want a passive income, Try to explore here in the threads to learn every ways of earning bitcoins.

I just earn bitcoin from my trading activities. Also i haev a job for Fiat. I just tempted to consolidate my saving

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: P2Pfinder on September 02, 2017, 02:42:23 AM

Hallo,

I live near a good univesity with about 50k students. Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly.

Now i have opportunity to buy 1 apartment for abot 80k eur , so about 20 bitcoin . (I have about 27 bitcoin atm)

Now i'm really confused about what to do! Because i think bicoin could move up over 10k eur in next 10 years, but this could be only an option because it could go to 100K or to 0.1... So if i hold i coudl earn more (or lose more). But if i sell my bitcoin in i buy this house i hill have a montly revenue (now abut 0.2 bitcoin ) and a full Roi in less than 10 years.

I'm thinking to buy this home and to reinvest montly income for 60% in bitcoin , 30 in other crypto and 10% to use for house mainentance. What do you think about?

**There are 2 other apartments for sale at same price: i don't have other to invest, but if someone is interested could contact me

I am also a student and i started to become a trader without any capital and knowledge about bitcoins, So it means i work hard here in this forum to earn bitcoins and i started earning it from joining signature campaigns. That is the easiest way you can earn bitcoins if you really want a passive income, Try to explore here in the threads to learn every ways of earning bitcoins.

putrisa

full member

Activity: 420

Merit: 100

Quote from: P2Pfinder on September 02, 2017, 02:42:23 AM

Hallo,

I live near a good univesity with about 50k students. Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly.

Now i have opportunity to buy 1 apartment for abot 80k eur , so about 20 bitcoin . (I have about 27 bitcoin atm)

Now i'm really confused about what to do! Because i think bicoin could move up over 10k eur in next 10 years, but this could be only an option because it could go to 100K or to 0.1... So if i hold i coudl earn more (or lose more). But if i sell my bitcoin in i buy this house i hill have a montly revenue (now abut 0.2 bitcoin ) and a full Roi in less than 10 years.

I'm thinking to buy this home and to reinvest montly income for 60% in bitcoin , 30 in other crypto and 10% to use for house mainentance. What do you think about?

**There are 2 other apartments for sale at same price: i don't have other to invest, but if someone is interested could contact me

I suggest from the total of all your assets you try to divide 3 parts, 50% for the apartment, 30% for bitcoin, 20% for your life needs. I hope this helps you in managing assets to invest in the future.

P2Pfinder

full member

Activity: 249

Merit: 109

Quote from: Bezobraznike on September 02, 2017, 03:28:47 AM

Quote from: P2Pfinder on September 02, 2017, 03:12:22 AM

Quote from: Pursuer on September 02, 2017, 03:06:03 AM

buying an apartment just to rent and make money of it is oftentimes not the most profitable investment, specially if the price of apartments doesn't go up in your country/area that you buy it.
also make sure to find out about all the costs that doing something like that will have. sometimes the "profit" is not as much as you think.

investing in a real business that you own is a lot more profitable, if you haven't yet made up your mind I suggest thinking about this a little.

Apartment value is about 130K . Seller need liquidity so it is a good opportunity in term of price . My only doubt is that i need to convert my bitcoin to fiat and i'm afraid that price continue to goes up .

   Your fears are justified, price will rise and $10k is not so far away anymore.
"Apartment value is about 130K"
"Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly."
   You will need 130 months to reach ROI, that is 10 years and little more. With bitcoins in same time you can make far higher profit, just in next year from now you can double your money without having
much work like you can have with buying apartment, cleaning, setting it up.
   I would stick with bitcoin, but it is your decision in the end.

It's just a Bet: Bitcoin or House?

If i had more bitcoin available (let's say 70/80) no doubt about: house! But i have only 27 bitcoin , so i need to sell abut 75% of my bitcoins for buy this home.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: P2Pfinder on September 02, 2017, 03:12:22 AM

Quote from: Pursuer on September 02, 2017, 03:06:03 AM

buying an apartment just to rent and make money of it is oftentimes not the most profitable investment, specially if the price of apartments doesn't go up in your country/area that you buy it.
also make sure to find out about all the costs that doing something like that will have. sometimes the "profit" is not as much as you think.

investing in a real business that you own is a lot more profitable, if you haven't yet made up your mind I suggest thinking about this a little.

Apartment value is about 130K . Seller need liquidity so it is a good opportunity in term of price . My only doubt is that i need to convert my bitcoin to fiat and i'm afraid that price continue to goes up .

   Your fears are justified, price will rise and $10k is not so far away anymore.
"Apartment value is about 130K"
"Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly."
   You will need 130 months to reach ROI, that is 10 years and little more. With bitcoins in same time you can make far higher profit, just in next year from now you can double your money without having
much work like you can have with buying apartment, cleaning, setting it up.
   I would stick with bitcoin, but it is your decision in the end.

P2Pfinder

full member

Activity: 249

Merit: 109

Quote from: OmegaStarScream on September 02, 2017, 03:18:46 AM

With LN and more features coming? I doubt bitcoin will take ten more years in order to reach 10k $. I don't advice going with this investment, hodling could be much more profitable. I'm not sure that I could give you an alternative investment for passive income but If you got the skills (or the people who do) then starting a bitcoin business could be profitable (as long as you are offering something unique, people will use your service).

No, i don't need advice about passive investment (i'm a financial trader so i have my business

). But i think is time to start to move bitcoin into real life because if they remains into a virtual range, we risk a liquidity trap .

OmegaStarScream

staff

Activity: 3500

Merit: 6152

With LN and more features coming? I doubt bitcoin will take ten more years in order to reach 10k $. I don't advice going with this investment, hodling could be much more profitable. I'm not sure that I could give you an alternative investment for passive income but If you got the skills (or the people who do) then starting a bitcoin business could be profitable (as long as you are offering something unique, people will use your service).

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: P2Pfinder on September 02, 2017, 03:12:22 AM

Quote from: Pursuer on September 02, 2017, 03:06:03 AM

buying an apartment just to rent and make money of it is oftentimes not the most profitable investment, specially if the price of apartments doesn't go up in your country/area that you buy it.
also make sure to find out about all the costs that doing something like that will have. sometimes the "profit" is not as much as you think.

investing in a real business that you own is a lot more profitable, if you haven't yet made up your mind I suggest thinking about this a little.

Apartment value is about 130K . Seller need liquidity so it is a good opportunity in term of price . My only doubt is that i need to convert my bitcoin to fiat and i'm afraid that price continue to goes up .

that is a concern that you will always have. I think that every investor has it. and you have to live with it.
think about it this way, there is chance of price going up and there is a chance of it going down. speculate which one is higher and lean towards that. if you speculate the chances of drop is higher then sell more and if you think chances of rising is higher then sell less.

either way if you need the money and can't really do anything else to get that kind of money then you'll have to sell.

in fact I sold some coins myself recently because I am about to buy an apartment. and yes I have already missed on $500 rise but I can live with that because I still have bitcoin and I am still buying/earning more if I see an opportunity or if I get some additional cash.

P2Pfinder

full member

Activity: 249

Merit: 109

Quote from: Pursuer on September 02, 2017, 03:06:03 AM

buying an apartment just to rent and make money of it is oftentimes not the most profitable investment, specially if the price of apartments doesn't go up in your country/area that you buy it.
also make sure to find out about all the costs that doing something like that will have. sometimes the "profit" is not as much as you think.

investing in a real business that you own is a lot more profitable, if you haven't yet made up your mind I suggest thinking about this a little.

Apartment value is about 130K . Seller need liquidity so it is a good opportunity in term of price . My only doubt is that i need to convert my bitcoin to fiat and i'm afraid that price continue to goes up .

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

buying an apartment just to rent and make money of it is oftentimes not the most profitable investment, specially if the price of apartments doesn't go up in your country/area that you buy it.
also make sure to find out about all the costs that doing something like that will have. sometimes the "profit" is not as much as you think.

investing in a real business that you own is a lot more profitable, if you haven't yet made up your mind I suggest thinking about this a little.

P2Pfinder

full member

Activity: 249

Merit: 109

Hallo,

I live near a good univesity with about 50k students. Cost of rentals for students is about 200 Euro montly, and each house is about for 4/5 students, so renting an house pay about 800-1000 eur montly.

Now i have opportunity to buy 1 apartment for abot 80k eur , so about 20 bitcoin . (I have about 27 bitcoin atm)

Now i'm really confused about what to do! Because i think bicoin could move up over 10k eur in next 10 years, but this could be only an option because it could go to 100K or to 0.1... So if i hold i coudl earn more (or lose more). But if i sell my bitcoin in i buy this house i hill have a montly revenue (now abut 0.2 bitcoin ) and a full Roi in less than 10 years.

I'm thinking to buy this home and to reinvest montly income for 60% in bitcoin , 30 in other crypto and 10% to use for house mainentance. What do you think about?

**There are 2 other apartments for sale at same price: i don't have other to invest, but if someone is interested could contact me

Topic: Buyng Student apartment for Bitcoin. Idea for earn passive income? (Read 451 times)