I want sell my house for bitcoin - page 10.

Obari

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

If I'm getting your points straight, then you want to sell one of your houses because you don't have a use for it right ?
If yes then it wouldn't be bad provided you're willing to risk the money from the sale of the house because just as you're considering the growth and rise of Bitcoin, you should also consider is bearish nature and risk involved as well as Bitcoin isn't a rollercoaster but very volatile.

If you truly want to sell the house, a d seeking for my advise then I would advise you do so because and buy the Bitcoin now because now is one of the good times to buy Bitcoin since it is still in the bearish state and we are all hoping to get the bull run but whatever the case might be, you should always have in mind that you're responsible for Al that you do.

MoonOfLife

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

I will agree with your thoughts because you have 2 houses and that house is unused. Invest in bitcoin to find yourself a better return and then you can buy back that house and 2 other houses. But remember bitcoin can't make you rich quick, getting rich with bitcoin is calculated in years, 3 to 5 years to be profitable.

Franctoshi

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Though this is an abandoned house, but I really don't think this is such a good idea to sell house for Bitcoin, reason House is equally an investment asset class aside Bitcoin, I guess the reason why it's not increasing in value is as a result that it has been abandoned.

Therefore I would suggest....

(1) you renovate the house so it can start yielding money for you or
(2) lease the property to someone, maybe 3-5 years who can renovate and do business with it than to sell it, then from there you have equally generated the money your looking for to buy Bitcoin, so in the future when Bitcoin have increased in price you can payback the money and have your house back.

Nrcewker

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

If you have abandoned house, then it’s better to sell those and buy Bitcoins currently. I mean house has a depreciation value, so definitely it will go down as the time passes. But Bitcoins are like value-able wealth which are limited in number, so as the time passes the price of Bitcoins will grow in order to meet the demand of the society. So as a true Bitcoin supporter, I can only advise you to buy Bitcoins in these cheap price and hold it for long term, atleast for a year. Rest is upto you Op.

hyudien

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

Realistically, if indeed you have 2 houses and your finances apart from selling the house can still be covered, maybe there is no problem. Especially now that you can buy Bitcoin at a very unusual discount. If I had the same property as you, it might be the same decision. Instead of leaving your house abandoned, the house will collapse if there are no occupants. Or you can rent it to other people and allocate the rented money every month to buy Bitcoin. It depends on how you want to take full advantage of buying Bitcoins or periodically.

michellee

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If you think like that, you can sell it immediately because you can use it to buy bitcoins at the current low price. But if we talk long term, the price of a house will go up after 5 years or maybe in a year but that also depends on the house's location.

And if you still intend to sell it, you should recalculate how much money you can get so you know how much money you can use to buy bitcoins. I'm not suggesting you buy bitcoins with all the money from selling the house because you still need that money to survive. But if you have other money to hold on to, it's nothing to worry about.

krishnaverma

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

If it is already abandoned house, then why are you holding it for so long. I am surprised though that the value of the land is not increasing with time because real estate also grows well. Only in some places the growth in real estate has become stagnant. But if you feel that you are not getting good returns from that investment, you should sell it and then invest in whatever other type of investment you like.

The money you get by selling the house should be invested in multiple venues for diversified income sources. Like you can invest some money in gold, some in mutual funds and rest in bitcoins. One more suggestion is that even in crypto, try to invest in multiple coins to diversify.

Iranus

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

It's an unused house meaning they are an idle property you can sell them to invest in bitcoin. But you should research bitcoin thoroughly before making your final decision, bitcoin is not a get rich quick scheme and there is no guarantee bitcoin price will increase in 2024, maybe it will go up maybe it will never go up again, the risk is always there although the probability of bitcoin rising again is higher.

If it were me, I wouldn't sell my house for bitcoin because in my opinion real estate is safe and also highly profitable, like you can rent out or inheritance for children, real estate is easy to sell but difficult to buy because prices tend to always increase, not decrease.

zfhrt80

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Since it is an abandoned house, it means that your funds are fully sufficient for daily expenses, and you can freely use it without affecting your normal life. The house itself has no ability to make money. It is better to realize it. Now it is in a bear market, you can Give it a try.

gantez

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;DMost it be your house you need to sell to buy Bitcoin? Can't you save and buy fraction of bitcoin if you can't buy 1. You sold your house in the past and bought bitcoin what happen to the profit make from the sale? Or you do the business of estate selling for bitcoin every season? Is your choice to decide good part for yourself but wise is good, you have to wait till next bull and halving. If you don't have where to stay, remember the rains Grin

coming soon before halving and bull run.

lenexn

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Bitcoin can't make you rich quickly, don't be blind or hot-headed, after all, there are risks in the case of possible profit, and there is an irreversible possibility, you must be able to bear the possibility of failure, if this house is your number One of the ten sets, then you can try your ideas.

jossiel

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

It depends if you're not making profit with that house and you're not living there. If you're a realtor and you've got a lot of properties and you see more value selling it for you to get into bitcoin, I think that you just did the right thing.

Because it looks like you're not forced to sell it and that just happened based on your free will and current lifestyle situation.

But as long as you know what you're taking with the risk that selling your house and buying bitcoin with it, let's all hold our hands altogether and wait until the next bull arrives.

yazher

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Looks like you will try to convert your assets to some kind of multiple profits if you exactly gonna buy bitcoins when their price is low and wait for the next bull runs to get your money. If this is really what you gonna do and you won't gonna live in the tent for the next 2-3 years then we are rooting for you and hope that you will gonna success with such kind of investment which is really rare nowadays. today, it's really hard to decide because you never know when the price will stop rising but if you are determined, go ahead and post your progress here if possible.

yudi09

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

It doesn't sound great, but if what you want to sell is an abandoned house, I think the decision is 100% yours.
Long before the decision you will make, you must first know that investing in Bitcoin does not expect to get rich in the near future, but investing in Bitcoin can maintain the value of your investment in the future as long as you are able to survive with a very volatile market situation.
Consider.

You seem to understand because you've done it before.
If we look at the current market situation, having large funds to buy is an opportunity.

EarnOnVictor

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As an experienced investor, I would advise you to sell those houses, especially when they are not occupied and you don't have any plans for them. Although I don't know your country and how real estate is booming there, nevertheless, it would be a very good bargain to buy Bitcoin at lower prices to sell later. Only that you would have to be careful and wise before investing the money. As no one knows the exact time that serious buyers would come for the houses, you might start the advert now, but keep the money in your bank account after selling, (USD) if possible.

Then you continue to analyze and speculate on Bitcoin and wait until a bullish trend is confirmed. For now, the trend is bearish and might go lower before it starts buying in near future.

cheezcarls

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As much as I respect your decision to selling your house to buy Bitcoin (since you have 2 houses anyways), you should be prepared for certain risks (especially unexpected ones). No one would stop you here because it’s you who is the property owner will be making the final say. It’s your full responsibility on whatever results do you get whether if it’s a profit or a loss.

Sang Veronike

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If you decide to sell your house to buy bitcoin, make sure you won't sell your bitcoin until the price rises. And you have to keep it properly.
Now that the price of Bitcoin is gradually falling, although it is an opportunity, it requires you to have a strong heart and insist on holding it. You should also have enough money to live on in case you need money unexpectedly.

albertorma

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I don't think there's a right or wrong answer to this question, as it depends on your personal circumstances and goals. However, if you're looking to invest in something with the potential for high returns, then buying Bitcoin may be a good option.

romero121

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There are proven real-time incidents in which person sold his house and moved to refugee camp buying Bitcoin with all the money. Here he didn't sold just his house, he sold all his belongings. Real understanding and the life getting connected to bitcoin made him take the decision and he never thought of getting rich out of it. For OP it is a good choice, but needs to understand the market and make further decisions.

Man sells everything he has for Bitcoin

Fara Chan

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Quote from: Pempek Kapal Selam on November 13, 2022, 10:17:25 PM

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

If the reason you are selling is because you have several houses, we think this is right for you to enter the bitcoin market, especially since the house you currently own is no longer productive for storing assets, and it is true that Bitcoin is able to maintain value compared to the current house. Good move, you have taken the right risk on your investment, now you can buy as many bitcoins as you want and rest assured there will be big improvements in the future.
Keep calm and hold your bitcoins.

Quote

(I have 2 house, which I want sell it is abandoned house)

For me this is the right step, because you don't sacrifice your place of residence in investing, that means you take advantage of unproductive assets to develop further, the risk will still exist in investing. Kudos to those of you who dare to step out of your comfort zone.

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