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Topic: I want sell my house for bitcoin - page 6. (Read 3317 times)

legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
November 16, 2022, 03:18:46 PM
I have seen this type of questions or Topics at board Gambling, it is a kind of trolls that are coming out with this type of random questions, posing as genuine users in good faith, but they are not such a thing.

Now we have more than 100 answers, there are quite a few real estate experts and investors...

...Well now, it's my turn:,

Don't risk what you can't afford to lose, can you afford to lose your home...?
hero member
Activity: 1498
Merit: 785
November 16, 2022, 02:51:01 PM
Don't you think how the house is to be rented annually? Obviously this will have a good impact on selling it because you want to buy bitcoin and indeed for you it may not be a bad idea but think again how in other ways and you can still invest in bitcoin.

If the house is abandoned then you need to renovate it to make it more attractive and be able to rent it out to others, I see the rental prices in Asia are quite high, you can see here: https://www.globalpropertyguide.com/Asia/rent and it depends on the variation your own house may be bigger and nicer then the price will be higher.

I know investing in bitcoin is not a bad idea people always want to own bitcoins for the purpose of future assets with multiples of value but need to think about the greater risk there than renting out a house which will be more friendly to you.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
November 16, 2022, 02:43:41 PM
You want to sell your house and invest in BTC well for me thats not a bad idea but that depends on how many houses you are having. And one thing again you must understand a few things about the market too, yes one would say the market now is perfect to invest but how long can you hodl to see the market rise and if you are planning on getting more profits over night I can't promise  that possibility at the moment seeing that we are in a bear market and anytime the prices of bitcoin can even plunge deeper..

So I think the whole thing depends on you
sr. member
Activity: 2506
Merit: 368
November 16, 2022, 02:27:46 PM
Do you think it's good that I sold the house then I buy bitcoin with all the money?
No.

I would not recommend that. Invest into Bitcoin is great in the future but I would rather just use that house and change it to dorm so other people can live in there. You can charge each person there with reasonable price and people would love to live in there. It's really good for passive income and you can use that money for Bitcoin investment in the future.

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 insist to actually sell it, then how long will you wait until you can buy 3 house?
That event would repeat in next day, 1 year, 5 years, 10 years or never. I would prefer to do something that is already benefit.
You have a great plan but I think you overlaps the condition of an abandoned house which will cost too much for a repair if OP want to make it as a rental house. But of course, it depends on what decision OP would take if he ever accepted your suggestion though we don't really know what is the financial situation of OP to consider your suggestion that's why it's up to OP.

And lastly, investing in Bitcoin and gaining a good profit won't just happen overnight and if you are only planning to buy during the bull run, you might missed too much since bear market is always the best time to buy cheaper price. Waiting for the bull run to happen then buying the price that almost took closer to the ATH won't give you a decent profit.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
November 16, 2022, 01:53:24 PM
Do you think it's good that I sold the house then I buy bitcoin with all the money?
No.

I would not recommend that. Invest into Bitcoin is great in the future but I would rather just use that house and change it to dorm so other people can live in there. You can charge each person there with reasonable price and people would love to live in there. It's really good for passive income and you can use that money for Bitcoin investment in the future.

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 insist to actually sell it, then how long will you wait until you can buy 3 house?
That event would repeat in next day, 1 year, 5 years, 10 years or never. I would prefer to do something that is already benefit.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
November 16, 2022, 01:18:12 PM
"Abandoned house", here is your answer actually. To be honest you aren't risking anything. If it's not your living house then this isn't high risky. Leaving for nothing better sell and buy Bitcoin. If I were you then I would do the same thing. But it shouldn't hurt your lifestyle at all. Because cryptocurrency investment is always risky hence it gives you a high return. So you should have enough patience to hold till you make good money. Nothing out of risk in the space.
Selling the house that isn't in use to buy bitcoin is a good choice. Some used to rent the additional ones and make regular income out of it. Selling the house and buying bitcoin is a good choice if OP have got the patience to hold. If not, he could try renting the home in exchange for bitcoin. OP can receive initial deposit and regular income in the form of bitcoin.
Bro, if the house is just left useless then he can take the risk. If Op doesn't have a regular income to carry family expenses then he won't think to invest in Bitcoin. He could use his money after selling the house. But if he isn't forced to use real life then won't buying Bitcoin a good choice? Risk is everywhere, even if you do a real-life business there is also risk. So think deeply. If not take the risk, can't be the gainer. I am pretty sure Bitcoin will recover today or tomorrow.
If you do have the money and its not really that needed for you to sell out one of your properties then you should do it.Its not necessary on selling out houses just for you to invest with bitcoin
since we could do it on fractions.Dont rush up yourself on doing such decision because properties does have appreciation and doesnt depreciate.Even though its on idle situation
but im not really a fan on selling out properties which does have potential.

If you could buy bitcoin without needing to sell something then you should do it.Buying gradually and considering that we are on a market where its dipping or on simply
with bears then it is really that cheaper which is something a good entry point for you to get in.
Property value won't depreciate, but beyond certain point it won't increase. The value will be almost stable. In such situation it is good to take an entry into bitcoin, selling the house. Going for bitcoin buying without selling the house is always good, but at times what OP said seems to happen. If he had sold it yesterday now he could be able to buy two house, as the market of bitcoin could go high in no time.
Based up on real experience and scenario which i do have some property been bought then i could say that their value does increase overtime but as i said that it would really be varying on the location which is

a huge factor which would really affect out those numbers but if not then it would turn out to be moving sideways which you do actually have the point.

Well, it doesnt matter on where you do make yourself that stick out as long you could really make some profits or do take advantage then it is really your risk to take.
Not all would really be that confident on such situation and this is where risk taking would be taking place.
legendary
Activity: 2128
Merit: 1775
November 16, 2022, 12:13:13 PM
(I have 2 house, which I want sell it is abandoned house)
Selling the house and buying Bitcoin, my assessment is a bad idea, remember, this is the internet you never know what will happen next, profit if after you buy it goes up, but what if it happens the other way around, the risk is bigger than what you think, don't just think fortunately, you have to think the situation is bad when it happens.



My advice.
If you still want to buy Bitcoin there are many ways you can do it, what's more, you have two houses, if you don't live in the house, you can rent out the two houses for a minimum period of 10 years/house, Of course you can do that and money can be bought in Bitcoin with the rent, you automatically have no risk if things go wrong, that's a suggestion, a consideration of course you have the right to make a choice.
sr. member
Activity: 1386
Merit: 451
November 16, 2022, 12:12:36 PM
I was going to tell you no, until I saw this:

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

In that case I see it more logical, because I understand that if that house is abandoned the money from the sale you do not need. I also assume that it will not be a lot of money, but now Bitcoin is cheap, so it is reasonable.
I also agree with what you said. If his house is abandoned then of course you can sell that abandoned house and buy bitcoins with that money. I think this is completely reasonable. Because you have two houses. In that case you can buy bitcoin by selling house. Now the price of Bitcoin is very cheap.Right now if you can sell your house at a good price then surely you can buy high amount of bitcoins. And you can build a house of your choice by selling bitcoins when the price goes up a lot.
legendary
Activity: 1792
Merit: 1296
Crypto Casino and Sportsbook
November 16, 2022, 11:39:53 AM
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)
Assuming this house isn't your only home, why not take a chance and sell it? Now crypto markets are down and this is a better time to invest than if you bought bitcoin during a bullish trend. I don't presume to recommend this step for sure, because I don't know all the nuances of your case and therefore, you yourself must think about the final decision, weighing all the risks. If you plan to multiply the money within 2-3 years, then it may turn out that due to unforeseen circumstances you will receive a profit much later. Therefore, you need to be prepared for surprises in the crypto market.
legendary
Activity: 1890
Merit: 1537
November 16, 2022, 10:57:37 AM
If you have more assets why not. Selling your house for Bitcoins can be a great opportunity for you especially at a discount like now. I'm sure you will get much more out of your previous property because Investments actively seek to profit from price fluctuations with buy/sell trades.
There is no guarantee that he will achieve good profits through which he can obtain his previous properties. Undoubtedly, investing in bitcoin is the best investment in history, but it carries a lot of risk because the crypto market is very volatile, so I advise everyone not to rush to sell their properties such as his house or car. Etc. In exchange for buying bitcoin, he must invest with money that he can lose, money in excess of his salary, and so on, although the profits may be large, but we must look wisely as to the loss may also be large.
hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
November 16, 2022, 08:39:02 AM
Not me but none can suggest you sell your house and use the money to invest in bitcoin because that's a risky decision and completely depends on yourself and your situation. As far as I know, most people will invest what they can afford to lose even taking a loan for investing is not a good idea, so selling your house will be the most dangerous decision you can make. However, there are many people who got lots of money by just doing these risks but that's a risky decision.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
November 15, 2022, 11:34:01 PM
It is clear that he has 2 houses. 1 house is for living and 1 house is the abandoned one.
No, he won't be homeless since he has a house to live in. That's why he is brave to sell the abandoned house.

Regarding the current price of Bitcoin, I agree that it is low enough to buy now. He can plan to hold for several years (target selling 2024-2025). He can expect to gain profits only in 3 years. Investing in Bitcoin is always more profitable than any other thing because it has a big volatility.
OP has two houses and he try to sell one and used for investing in bitcoin, based on speculation about how faster growing up increase investment assets between property and Bitcoin actually have faster earn profit with Bitcoin. Not bad ideas if OP try to sell his house and invested in Bitcoin trough price still drop right now. Just have little step by OP because he can't directly selling his house used Bitcoin as investment currency, need to sell cash or fiat and later used or convert to invest in Bitcoin.

OP have one step forward thinking about faster profit earn when holding his house as property or use other chance by converting with Bitcoin and actually he can earn much profit later but depending with Bitcoin can reach higher price.
member
Activity: 476
Merit: 60
November 15, 2022, 10:28:23 PM
I think if you have a lot of houses, I think they can be sold and the money used to buy bitcoins. as long as you have a lot of houses and what is being sold is a house that is not used by you. I think your decision is right because right now to buy bitcoin is a good opportunity because the market is down.
hero member
Activity: 868
Merit: 737
November 15, 2022, 09:38:48 PM
#99
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)

You shouldn't bet on your future based on your speculative thoughts. That was a risky move.

However, if you understand the risks then it's your decision to push that plan of yours.

It's really interesting to speculate good things in the future however, we don't know if you will able to manage properly it on the way while waiting for bitcoin's moon price.
but I think he doesn't gamble when comparing his asset with bitcoin because bitcoin is already showing us the profit in the last 12 years. Maybe that points make him brave to change their product investment. I fully support him, he just needs a good moment when the bottom bitcoin is ready to do an entire job, maybe from his estimated 1 BTC to 1.5 or 2.
sr. member
Activity: 1680
Merit: 278
November 15, 2022, 06:53:53 PM
#98
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)
Bitcoin is a good investment and it will better if you will be able to wait and see the best offer from the market. Since you have done it before them I think it will be a good idea if you do it again since Bitcoin is in a dip market now and you can stand a chance to make a lots of money if you buy low and sell higher with bigger gain.
I will always advise people to invest in Bitcoin no matter the circumstances especially when they have other fund s they can be using to take care of their needs and pay bills which is very important. If you want t sell your house and by Bitcoin knowing the risk then it's good move.
legendary
Activity: 2940
Merit: 1083
November 15, 2022, 06:43:24 PM
#97
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)

You shouldn't bet on your future based on your speculative thoughts. That was a risky move.

However, if you understand the risks then it's your decision to push that plan of yours.

It's really interesting to speculate good things in the future however, we don't know if you will able to manage properly it on the way while waiting for bitcoin's moon price.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
November 15, 2022, 06:39:05 PM
#96
So I am guessing that you have another House you are personally living in and also from your comment, both houses you are considering selling are actually abandoned houses.
I bought some landed properties back in 2016 and even though they have appreciated in price, it wouldn't have compared to if I had Invested them in Bitcoin back then even with the current BTC price.
The present Bitcoin price range is a good spot for investing and I would do what you are considering as long as you are not making yourself and your dependant homeless.
It is clear that he has 2 houses. 1 house is for living and 1 house is the abandoned one.
No, he won't be homeless since he has a house to live in. That's why he is brave to sell the abandoned house.

Regarding the current price of Bitcoin, I agree that it is low enough to buy now. He can plan to hold for several years (target selling 2024-2025). He can expect to gain profits only in 3 years. Investing in Bitcoin is always more profitable than any other thing because it has a big volatility.

legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
November 15, 2022, 05:55:12 PM
#95
"Abandoned house", here is your answer actually. To be honest you aren't risking anything. If it's not your living house then this isn't high risky. Leaving for nothing better sell and buy Bitcoin. If I were you then I would do the same thing. But it shouldn't hurt your lifestyle at all. Because cryptocurrency investment is always risky hence it gives you a high return. So you should have enough patience to hold till you make good money. Nothing out of risk in the space.
Selling the house that isn't in use to buy bitcoin is a good choice. Some used to rent the additional ones and make regular income out of it. Selling the house and buying bitcoin is a good choice if OP have got the patience to hold. If not, he could try renting the home in exchange for bitcoin. OP can receive initial deposit and regular income in the form of bitcoin.
Bro, if the house is just left useless then he can take the risk. If Op doesn't have a regular income to carry family expenses then he won't think to invest in Bitcoin. He could use his money after selling the house. But if he isn't forced to use real life then won't buying Bitcoin a good choice? Risk is everywhere, even if you do a real-life business there is also risk. So think deeply. If not take the risk, can't be the gainer. I am pretty sure Bitcoin will recover today or tomorrow.
If you do have the money and its not really that needed for you to sell out one of your properties then you should do it.Its not necessary on selling out houses just for you to invest with bitcoin
since we could do it on fractions.Dont rush up yourself on doing such decision because properties does have appreciation and doesnt depreciate.Even though its on idle situation
but im not really a fan on selling out properties which does have potential.

If you could buy bitcoin without needing to sell something then you should do it.Buying gradually and considering that we are on a market where its dipping or on simply
with bears then it is really that cheaper which is something a good entry point for you to get in.
Property value won't depreciate, but beyond certain point it won't increase. The value will be almost stable. In such situation it is good to take an entry into bitcoin, selling the house. Going for bitcoin buying without selling the house is always good, but at times what OP said seems to happen. If he had sold it yesterday now he could be able to buy two house, as the market of bitcoin could go high in no time.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
November 15, 2022, 05:52:53 PM
#94

(I have 2 house, which I want sell it is abandoned house)
actually it doesn't matter if you sell your abandoned house and it's certain that you already have a residential house for your days,
investing in bitcoin is not to get rich because as we know the value of bitcoin is not fixed and always changing, the 4-year cycle also cannot be used as a benchmark for getting profits later because we don't know what the highest value of btc will be later
whatever you do and it has become a decision is your risk, daring to invest in btc means daring to lose later
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
November 15, 2022, 05:47:21 PM
#93
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)
Turning your investment into another more profitable investment is indeed a great idea but consider risks before engaging into it. If your decision is finalized, then that's good. Be aware that the market price of Bitcoin is volatile and we have no assurance of its direction;such as when will its market price go up again in this bearish market trend. Ofcourse investing an amount while the market prices are still low, would be best but the question is; would you be able to hold it until the market value rises up? There are unexpected instances and circumstances. If you think you'd end up pulling your investment 'on the road' then think again whether to invest or not in this industry.
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