Topic: If Bitcoin goes up very high should i buy a house? - page 11. (Read 133893 times)
There are some awesome-looking properties showcased on Bitcoin Real Estate. My favorite: the eight-bedroom, six-living-room, seven-bathroom Australian abode that can be had for the bitcoin equivalent of $3.5 million.
I'm surprised to see this thread create in 2015, now the bitcoin price is much higher than the price in 2015. I think you can buy a house if you have the bitcoin you saved in 2015.
Yes, during those days the price was in three digits and now this game have changed a lot in terms of large scale adoption as well in terms of value. This proves that the price grows high in the upcoming days too, and based on the requirement it's good to buy a house. 
I'm surprised to see this thread create in 2015, now the bitcoin price is much higher than the price in 2015. I think you can buy a house if you have the bitcoin you saved in 2015.
If you already have funds for buying a house then you can buy a house. You should not wait for the bitcoins' price to get higher. A house is a necessity so if you really want to have one. Then you must buy as long as you have money. Anyway bitcoin will pump no matter what.
Acquiring house and lot need aproximately $40,000 and that's far behind the value of bitcoin today. When time comes that bitcoin reaches that amount I think that is the time when there is no more paper money circulating in the market and that bitcoin will only be the currency every one is using. I don't think we will reach that time because that's very ambitious to think but who knows everything is possible with bitcoin
Buying a house would be a good decision especially if you are not planning to move (countries, work, etc.) in the near future. That way you can save from mortgage and free yourself up from getting fed up with landlords and agents. I think cashing out 80-90% outright would be best if you are foreseeing a sudden huge drop happening, at least you already have almost everything cashed out and left an amount you would be willing to maintain in you account.
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.
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.
In time my friend all our dreams would be true! Bitcoin value will continue to increase as more people are investing into it. My advice here is you should continue to hold your bitcoins for sometime. Based on market analysis bitcoin value will soon reach $20k to $30k in years to come in the future. I think if you are able to hold your bitcoins very well, one single bitcoin will be able to buy you new house in years to come.
well for me yes, and you will cashout that bitcoin to be a hard money because now a days there are like a few sellers that accepted bitcoin as a payment for the house. i am now preparing myself too to buy a house someday using this coin 
if you buy bitcoin coin at 2010 like 10k btc you can so easy now sell house and more
10k btc 2010 == 100k $
now == $$$$$$$$$$$
10k btc 2010 == 100k $
now == $$$$$$$$$$$
Well if i were you , i will just buy a house because for sure the bitcoin will have a price of a million dollars i guess, it can buy many house, and if you have a house there is assurance that you have a shelter. and in case of emergency atleast you have a house.
Well, if it's possible for you to buy a house then you can buy a house if bitcoin increase that huge amount. But of course it is still your decision if you really want to buy a house with your bitcoin, its none of our business. 
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.
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.
Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin!
That is my dream to buy house with bitcoin and also lot but first we need to convert into fiat. I know that all people know about bitcoin will wait until Bitcoin increase price and their time will not be wasted
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 is very much possible, if you have a lot of bitcoin that is stored in your wallets. Even now you can do it, if the seller of the house is bitcoin enthusiast you do some transactions payment through bitcoin, not directly payment directly in the real estate business. 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.
But when will you know what is " very high " ? Remember this one : "Beggar's bags are bottomless"...
If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.
Yup,if have plans on buying a house someday through btc which is quite possible,tgen start eaening it now, be hardworking and smart on planning and choosing what job to do.
If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.
I will count you as a wise person if you bought a house when the bitcoin price goes up. First, you invested a small amount of bitcoin and disposed it off when the price had risen. Secondly, you buy a house from your returns which to me is a very good physical asset which can appreciate in value. Unlike other assets like cars which depreciate, a house will be a sure investment.
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.
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.
Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin!
Yeah i know but maybe not on this next bull run. Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.
I think you made the right decision when investing in Bitcoin. And now that bitcoin has crossed the $ 3000 - $ 4000 threshold you want. I sure you have your own home. If it is I am sure I will sell some of the bitscoin I keep and buy a house without renting or dependency. Moreover it is also a fixed asset without worry it will lose value. You can continue to invest in Bitcoin as it can bring you wealth (of course you should not sell the house you bought because wealth will always be at risk).
I agree you should not put your wealth into risk and if you bought a house due to bitcoin earnings, much better to treasure it because you can set it aside for your family's future most specially the kids if you're a married person. You can sell your bitcoins if you can save it at higher amount, and I am sure having bigger amounts will definitely gain bigger amount of bitcoin when the price will become much higher compared from current amount of btc right now. Having that wise decision can make certain profit to become more important on that goal on buying a house and don't rent anymore if you're not having your own.
It's a good strategy to hedge against risk
By buying a house you are liquidating some of your profits and create "tangible" value, which will uphold even if Bitcoin prices decrease
By buying a house you are liquidating some of your profits and create "tangible" value, which will uphold even if Bitcoin prices decrease
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.
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.
Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin!
Yeah i know but maybe not on this next bull run. Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.
I think you made the right decision when investing in Bitcoin. And now that bitcoin has crossed the $ 3000 - $ 4000 threshold you want. I sure you have your own home. If it is I am sure I will sell some of the bitscoin I keep and buy a house without renting or dependency. Moreover it is also a fixed asset without worry it will lose value. You can continue to invest in Bitcoin as it can bring you wealth (of course you should not sell the house you bought because wealth will always be at risk).
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