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Topic: If Bitcoin goes up very high should i buy a house? (Read 133943 times)

sr. member
Activity: 448
Merit: 250
https://saturn.black
If bitcoin rises too high, you can buy yourself not only a house, but also to achieve all your goals. Many people have already bought a house, because they joined the bitcoin early.
full member
Activity: 256
Merit: 100
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yes if you have a lot of bitcoin grab the chance to buy the house that you want. It helps you to save money than to rent home. If you have your own house you can do whatever you want to make it beautiful. House is where people can be take rest if you tored and to build happy memories.
legendary
Activity: 3318
Merit: 1128
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

yes, and you can buy other property that profitable for you. keep for some year and sold again
Good one, however, instead of taking some out, I have always wanted to grow what I have and earn from it. With that you can easily take out and still capitalize on the fact that what you have will still bring you the best in value.

Even when the value has stopped rising to a certain point, it is still the best thing to make use of what you have to earn more goodies for yourself.
hero member
Activity: 896
Merit: 514
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

yes, and you can buy other property that profitable for you. keep for some year and sold again
I have always advice to hold on bitcoins for a long period because this is the only way to become very rich. If someone plans to buy a house by spending bitcoins, he must do it only if he needs that house or plans to rent it.

This way either he will get a shelter or another source of income. Indeed it is a brilliant idea if not done only for the sake of fun. After all, bitcoin is a very precious asset.
full member
Activity: 350
Merit: 100
Buying a house has always been one of the most chosen investment ways of the humankind along the centuries, and also I think this is one of the best investment ways, because having a house always gives positive feelings and also it is a good assurance in the life. If I have a lot of money or coins in the future, the first thing I want to do is buying one or more houses.
full member
Activity: 519
Merit: 101
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

For me it is a good idea. Why not buy if you have money you can use to buy? Why not buy a house if it is badly needed? Where are you going to use your money instead? It is your reward, every time you will see that house it will remind you of your success and definitely it is the best feeling ever. It will be your investment. Do you have regrets when you spend money? Well, have no regrets if you will use your money to buy a house. Any person who uses his/ her money to buy a house does not feel any regret after he/ she bought a house.
full member
Activity: 504
Merit: 100
Do it if you have the right amount of bitcoins. There are tons and tons of people selling their homes from apartments to a house and lot. It's a win for you anyway. You get a house from digital currency. Literally from nothing to a house. Just be ready or have a reserve of coins just so you can still trade.
newbie
Activity: 33
Merit: 0
And I just read the thread about one particular male offering his house for bitcoins. I will in no way recognize folks.
full member
Activity: 155
Merit: 100
In a few years, when the bitcoin price becomes $10,000. I will use the bitcoin to buy a house and have good life.

I will also use bitcoin to buy a house. I will use bitcoin in a good way.


well bitcoin might not even grow to such huge heights as pretty much anything might happen with the price, in my opinion though if you would have a possibility then you should buy it
Yes, I'll do it! I will buy anything I want even cars and building a new business. Bitcoin is not a lifetime commitment so you should think about the alternative way on how to earn money.


buy i think it depend on 2 things the first that how much you have invested in bitcoin and the second  is that where are yo going to buy a house, and what is the value of the place where you are going to buy a house, some areas are consider as commercial having very high price where you even cannot think about to buy a house was as some distance areas are considerable cheap and you can easily afford house there,
When the bitcoin price reached $100000, it is easy for you to buy a house and lot.
full member
Activity: 203
Merit: 100
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
Possibly and practically speaking, I think it will be beneficial for your part if after gaining that much with bitcoin, you should now buy your house for your own good since bitcoin has already played that much on your part, it is best if you will spend your earning to buy a house for your own purpose of preparing for your future. Since it is really possible to buy a house with bitcoin's price rate approaching the price peak, it is just essential if you will buy your own house.
legendary
Activity: 1232
Merit: 1029
The problem is its still hard to find a seller that accept bitcoin as the payment nowdays, maybe you can use bitcoin to buy a house in the future but it's hard for today. In my opinion buy a house is very a good idea for long term investment. In the other hand the bitcoin price is not always increase.
I do not think that should be a huge challenge as time goes on. Adoption will most definitely determine how we end up spending or not and by the time even a BTC can buy something that huge, the adoption would have been so wide that it won't be hard for you to find someone who is not willing to accept bitcoin as payment. We should just keep hoping and looking forward to those moments.
sr. member
Activity: 658
Merit: 250
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yes I will buy my house and lot because I dont own a house and lot.Its really difficult of having no house.Secondly I will invest in business the rest bitcoin I have so that theres a stable income for my kids.I really have to get ready for the future of my kids.Bitcoin gives future to every people who beleive in bitcoin.Bitcoin meet the dreams in your life.So bitcoin is my hope in the future of my family.
Same with me too.I will definitely buy my own house and lot so i can have a property of my own.I'm fed up also of renting houses,and looking for payment for monthy rental.So i'm struggling more on bitcoin so i can make my dream into a reality.And yes bitcoin for sure will be the best answer for this.But you also need to work hard as a bitcoiner so you will gain huge profit in the end.
Work hard and have a lot of patience, that are the keys in achieving our dreams we should always being a lot of patience with us and also a lot of effort to put on our hard work so when the good times come then it will make our dreams come true and because of that, we need to take care of it by handling it properly.
I really wish to buy my own house. Today I'm only living with my relative's house. Though I didn't pay for rent but anytime she has the right to kick me out of her house. So now, I strongly believe that "Bitcoin" is one way to make my wish come true. Hope to make this soon.
member
Activity: 112
Merit: 10
Verify is an Ethereum-powered Reputation protocol
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Yes I will buy my house and lot because I dont own a house and lot.Its really difficult of having no house.Secondly I will invest in business the rest bitcoin I have so that theres a stable income for my kids.I really have to get ready for the future of my kids.Bitcoin gives future to every people who beleive in bitcoin.Bitcoin meet the dreams in your life.So bitcoin is my hope in the future of my family.
Same with me too.I will definitely buy my own house and lot so i can have a property of my own.I'm fed up also of renting houses,and looking for payment for monthy rental.So i'm struggling more on bitcoin so i can make my dream into a reality.And yes bitcoin for sure will be the best answer for this.But you also need to work hard as a bitcoiner so you will gain huge profit in the end.

It's generally ill-advised to buy things outright, especially expensive things like houses. Make your money work for you. You can beat the mortgage premium if you invest wisely.
sr. member
Activity: 257
Merit: 250
Hey that's an extremely good idea , bitcoins are meant to make your.. Life easier and genuinely the landlords system is very tiring .. you end up paying that much amount in which you could have had got a new house.
Its aiding you in a positive way that could stop the future chances of wasting unnecessary money on rent also rent is never less...unless and until you are renting a hut on the side of the road... Never heard about it though 😅 also the money that you were going to use in rent please use that to buy more bitcoins 😏✌
If the prices of bitcoins are gone high than you should not buy a house because house cannot give you profit as the bitcoins are giving you so if prices are going high than you should buy more bitcoins and tham you will be rich person and than you will be thanking bitcoins.
hero member
Activity: 994
Merit: 544
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

That would be a nice move if the bitcoin price goes up very high and you have lots of bitcoin on your wallet go and buy your own house that is a very good investment and practically speaking if you own a house you will not worry about the mortgage.

Yes it would be nice to think that you can own a house through bitcoins.  I will be very proud if that happened and I will surely gain some confidence that I bought this house because of my hard work. It can happen if bitcoin price wil goes up that high and I am looking forward to that.
legendary
Activity: 1008
Merit: 1060
Hey that's an extremely good idea , bitcoins are meant to make your.. Life easier and genuinely the landlords system is very tiring .. you end up paying that much amount in which you could have had got a new house.
Its aiding you in a positive way that could stop the future chances of wasting unnecessary money on rent also rent is never less...unless and until you are renting a hut on the side of the road... Never heard about it though 😅 also the money that you were going to use in rent please use that to buy more bitcoins 😏✌
There are numerous studies and discussion which proves that renting versus buying a house has its own benefit. Buying a house gives self assurance that there will be a roof above your head no matter you are earning or not. In case of rent, earning has to be continuous. With buying house once you purchase a house you cant do much if infrastructural issues exist. Or your workplace change happens. That is if you buy a house near your work-area may be business or job and then due to some reason when you need to move your business or change in job location happens then commute could be big issue. In case of renting you could find new house near by your new business or job location. Many thinks that purchasing a house is like dead investment. If you rent out a home then amount which you save from direct purchase or emi could be invested safely. This investment will yield great benefit if invested correctly.
For many House is basic need for living. Living in a rented house has its downdall, like moving from one property to another on yearly basis, keeping up with tantrum of landlord. Fear of being jobless could suddenly darken if there is no home. With permanent home at least you have some relief. However this situation may turn on its head if person is still paying EMI of house. In that condition, person is facing double threat one is possibility of loosing job which will affect payment of upcoming EMI. this in turn poses a threat of losing a house and EMI paid so far.

Buying home or house is beneficial only when there is no loan on it.

I think the ones that have "the relief that will not lose his house" are those that have paid the house in cash. But how often does that happen? Most people buy a house but have to pay for it for decades. In the end, you still have to keep on earning in order to pay for the house. One good thing is that your monthly bill for the house isn't just going to the landlord. You have the assurance that once you grow old, you will have your own house that you don't have to pay anymore.

In case of job relocation, you can simply say "No" to your employer. It's not like they are going to kill you, are they? Just tell them that you love that place and that you cannot be separated from your family. They will understand it because they, too, have their families. In case they say no to that reason, then just move to a different company. Who knows? Maybe you get lucky and have better pay, near workplace, less stress, and all. Sometimes things like this (getting out of a job) turns out to be a good thing at some point.
full member
Activity: 518
Merit: 184
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

That would be a nice move if the bitcoin price goes up very high and you have lots of bitcoin on your wallet go and buy your own house that is a very good investment and practically speaking if you own a house you will not worry about the mortgage.
sr. member
Activity: 770
Merit: 268
Hey that's an extremely good idea , bitcoins are meant to make your.. Life easier and genuinely the landlords system is very tiring .. you end up paying that much amount in which you could have had got a new house.
Its aiding you in a positive way that could stop the future chances of wasting unnecessary money on rent also rent is never less...unless and until you are renting a hut on the side of the road... Never heard about it though 😅 also the money that you were going to use in rent please use that to buy more bitcoins 😏✌
There are numerous studies and discussion which proves that renting versus buying a house has its own benefit. Buying a house gives self assurance that there will be a roof above your head no matter you are earning or not. In case of rent, earning has to be continuous. With buying house once you purchase a house you cant do much if infrastructural issues exist. Or your workplace change happens. That is if you buy a house near your work-area may be business or job and then due to some reason when you need to move your business or change in job location happens then commute could be big issue. In case of renting you could find new house near by your new business or job location. Many thinks that purchasing a house is like dead investment. If you rent out a home then amount which you save from direct purchase or emi could be invested safely. This investment will yield great benefit if invested correctly.
For many House is basic need for living. Living in a rented house has its downdall, like moving from one property to another on yearly basis, keeping up with tantrum of landlord. Fear of being jobless could suddenly darken if there is no home. With permanent home at least you have some relief. However this situation may turn on its head if person is still paying EMI of house. In that condition, person is facing double threat one is possibility of loosing job which will affect payment of upcoming EMI. this in turn poses a threat of losing a house and EMI paid so far.

Buying home or house is beneficial only when there is no loan on it.
full member
Activity: 386
Merit: 100
When bitcoin rises high, each person can buy himself whatever he wants. Buying real estate is the most necessary for many owners of coins who dream of getting rich.
Indeed! You can buy whatever you want with bitcoins provided the seller is aware of this latest type of currency. It would be easier to make a deal then but if he is not accepting bitcoins, no worries at all. There is option of converting bitcoins into fiat. I am myself hoping of buying an apartment with bitcoins.
Yes! Bitcoins are just like other conventional currencies, they are just lacking physical existence nothing else. Paper money and bitcoins are almost serving the same purposes. Indeed it would be really easier to make deals in bitcoins if both parties are aware of the real potentials of bitcoins.
There is nothing absurd in buying house with bitcoins. Bitcoins are and should be used for making deals because this is going to make bitcoins common and there will be increase in the use of bitcoins. Increased usage will lead to the acceptance of bitcoins by more and more people making the legalization of bitcoins feasible around the globe.
I don’t think you really need a decade to buy a house directly with bitcoin. In the next five years, bitcoin are most likely to be legalized around the world and I believe that those who are involved in property dealing definitely know about bitcoin and they would probably agree to sell out a house for bitcoin since bitcoin are the future of the world economy.
hero member
Activity: 1890
Merit: 831
Hey that's an extremely good idea , bitcoins are meant to make your.. Life easier and genuinely the landlords system is very tiring .. you end up paying that much amount in which you could have had got a new house.
Its aiding you in a positive way that could stop the future chances of wasting unnecessary money on rent also rent is never less...unless and until you are renting a hut on the side of the road... Never heard about it though 😅 also the money that you were going to use in rent please use that to buy more bitcoins 😏✌
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