Pages:
Author

Topic: If Bitcoin goes up very high should i buy a house? - page 13. (Read 133893 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
It depends on you sir. Having 10 BTC with 5K value will can make a very good-looking and fancy house. Regarding also on BTC value, its value is always increasing and hopefully it will go 5k before this year ends.
The price of bitcoin is already touch the price mark of $5,000 and it just dump because of the profit taking process and also the banning of ICO in china but overall, bitcoin has still a chance to get to a higher price and if you will wait for the price of bitcoin to go up to $10,000 then you can easily buy a great looking house because that is about $100,000 in total of your money.
full member
Activity: 518
Merit: 101
It depends on you sir. Having 10 BTC with 5K value can make a very good-looking and fancy house. Regarding also on BTC value, its value is always increasing and hopefully it will go 5k before this year ends.
member
Activity: 103
Merit: 10
“OPEN GAMING PLATFORM ”
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 you can unless you have enough money to spend on it. Buying a house is not a joke because it costs more money but it is a good idea of spending your own money or bitcoin because it is also an investment for you. In order for you to buy a house, you should spend more time in bitcoins as well as being wise through it for you to earn enough money to buy the house that you want.
newbie
Activity: 56
Merit: 0
Yeah why not a house is in my impression the most crucial content point you can have in daily life. With no a property you cant do a point. And the point with properties is that they can also go up in value so you can sell that ass properly from a revenue.
sr. member
Activity: 686
Merit: 277
No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
The buying of house depends on the need of house. If you are not living on rent, there is no need to cash out your bitcoins but if you don’t have your own place, it is worth buying house for bitcoins. At least you will have then a safe shelter to hide yourself. You can earn bitcoins from signature campaigns whenever you want.
Yes! If there is no tension of residence, then it is pretty useless to waste bitcoins. This is the not last time that bitcoins pumped, in future they are going to rise much more and may be then you will be able to buy a big mansion to live a life like royal child. Keep holding bitcoins if you are sure about the bright future of bitcoins.
hero member
Activity: 756
Merit: 500
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.

Of course you should. Just i would cash out 60% only and keep rest for future or something else, in case that price rises even more. So yeah, if price will be ever high enough for you to buy house, then you should do that. Bitcoin price might fall down or you simply might lose them, but if you buy house before that nobody will take it from you.

Who told that nobody can not take it from you, if your property value goes up then their are chances of political person or any high profile likes your property then they will force you to leave your property. So their are always danger in any position, but it is true that investing in property is good idea because life's 50% of expenses is on giving house rent , so the main problem will be solved if you have own property and Bitcoin can fullfill your wish.

Well yeah you can say that there is risk like this to lose your property... But chances are really tiny, it probably won't ever happen if he would buy it. I think chances that hackers will steal his bitcoins or that he will lose them are much higher, and of course chance that bitcoin will crash is even larger.
There is no risk in buying a house with bitcoins. A nice shelter is the basic necessity of the human life and we all earn money just to fulfill first our basic needs and then secondary ones. Yep, it could be little risky to keep bitcoins in wallets for long time because there are too many hackers active to hack bitcoins.
If I were on the original poster's shoe, I would definitely buy a house and lot now and enjoy living without mortgage. Having a house is a real asset and it is completely yours with no risk at all. Anyway you still had a portion of your bitcoin left so hold the remaining bitcoin you had. For sure you will still get profit on it in the future.

If oportunity presents itself to you to but a house using btc, then don't waste it. And it will be beneficial for the seller as well as in time they may even get double the amount they aold their house for.
Yes, the seller is going to be lucky if he/she is ready to receive payment in bitcoins because with passage of time, the money would double or even triple because of the continuously increasing price of the bitcoins. There is nothing wrong in meeting your basic needs with bitcoins.
hero member
Activity: 2268
Merit: 581
If Bitcoin goes up very high should i buy a house?
House that you will live in or rent out is a proper diversification strategy.
well it is a good idea to buy a house and put it on rent it is really profitable and you will be able to take some extra money from it. Bitcoin price is growing more and more it is going very high and if it will happen for long time you will surely buy a house for yourself so keep patience and buy bitcoin or earn it to buy your dream house.
full member
Activity: 216
Merit: 100
No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
The buying of house depends on the need of house. If you are not living on rent, there is no need to cash out your bitcoins but if you don’t have your own place, it is worth buying house for bitcoins. At least you will have then a safe shelter to hide yourself. You can earn bitcoins from signature campaigns whenever you want.
newbie
Activity: 50
Merit: 0
If Bitcoin goes up very high should i buy a house?
House that you will live in or rent out is a proper diversification strategy.
hero member
Activity: 2506
Merit: 582
"CoinPoker.com"
No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
You guys ain’t serious, are you? For me, I say he should go ahead and make one achievement in life, if that’s buying a house, then it’s an excellent choice. You guys shouldn’t discourage him from making the perfect choice. Yes, Bitcoin is profitable more than most of the things you’ll come across. So he should keep some of his Bitcoin.
full member
Activity: 364
Merit: 105
If bitcoin rises high, you can buy yourself anything and provide for your family. Bitcoin has great opportunities for fantastic price growth and I think that soon it will be possible to fly to the moon.
hero member
Activity: 1806
Merit: 671
why should you do that. WE know that house and real estate can give you a good amount of money but dont you think that investing money in bitcoin will give you a greater profit? Since bitcoin is in the trend, keep following it and you will earn money
If he wants to buy a house I think that's not a big problem, after all having a home is also an investment because the house can be sold again and he will get his money back if he sells the house. Bitcoin can still be obtained anytime and anywhere you want.
Well I guess my theory is right that most people think Bitcoin as an "invesment" itself more than as a kind of "currency". Because we often see how fast it quickly move in prices. But let us not forget Bitcoin in the first place as a kind of currency, and if this guy wants to spend his Bitcoin to build a house it won't be a problem because Real Estate is an investment itself and to top it all of it is an immovable property which has physical features compared to Bitcoin which only exist virtually. It is actually protecting your future if you do so.
full member
Activity: 129
Merit: 100
Of course u should. Why u need a lot of money and dont spend it? U are not dragon Grin
full member
Activity: 354
Merit: 103
sigs design service➜https://goo.gl/jhz4f8
why should you do that. WE know that house and real estate can give you a good amount of money but dont you think that investing money in bitcoin will give you a greater profit? Since bitcoin is in the trend, keep following it and you will earn money
If he wants to buy a house I think that's not a big problem, after all having a home is also an investment because the house can be sold again and he will get his money back if he sells the house. Bitcoin can still be obtained anytime and anywhere you want.
hero member
Activity: 770
Merit: 500
why should you do that. WE know that house and real estate can give you a good amount of money but dont you think that investing money in bitcoin will give you a greater profit? Since bitcoin is in the trend, keep following it and you will earn money
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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.

Of course you should. Just i would cash out 60% only and keep rest for future or something else, in case that price rises even more. So yeah, if price will be ever high enough for you to buy house, then you should do that. Bitcoin price might fall down or you simply might lose them, but if you buy house before that nobody will take it from you.

Who told that nobody can not take it from you, if your property value goes up then their are chances of political person or any high profile likes your property then they will force you to leave your property. So their are always danger in any position, but it is true that investing in property is good idea because life's 50% of expenses is on giving house rent , so the main problem will be solved if you have own property and Bitcoin can fullfill your wish.

Well yeah you can say that there is risk like this to lose your property... But chances are really tiny, it probably won't ever happen if he would buy it. I think chances that hackers will steal his bitcoins or that he will lose them are much higher, and of course chance that bitcoin will crash is even larger.
There is no risk in buying a house with bitcoins. A nice shelter is the basic necessity of the human life and we all earn money just to fulfill first our basic needs and then secondary ones. Yep, it could be little risky to keep bitcoins in wallets for long time because there are too many hackers active to hack bitcoins.
If I were on the original poster's shoe, I would definitely buy a house and lot now and enjoy living without mortgage. Having a house is a real asset and it is completely yours with no risk at all. Anyway you still had a portion of your bitcoin left so hold the remaining bitcoin you had. For sure you will still get profit on it in the future.

If oportunity presents itself to you to but a house using btc, then don't waste it. And it will be beneficial for the seller as well as in time they may even get double the amount they aold their house for.
full member
Activity: 293
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.

Of course you should. Just i would cash out 60% only and keep rest for future or something else, in case that price rises even more. So yeah, if price will be ever high enough for you to buy house, then you should do that. Bitcoin price might fall down or you simply might lose them, but if you buy house before that nobody will take it from you.

Who told that nobody can not take it from you, if your property value goes up then their are chances of political person or any high profile likes your property then they will force you to leave your property. So their are always danger in any position, but it is true that investing in property is good idea because life's 50% of expenses is on giving house rent , so the main problem will be solved if you have own property and Bitcoin can fullfill your wish.

Well yeah you can say that there is risk like this to lose your property... But chances are really tiny, it probably won't ever happen if he would buy it. I think chances that hackers will steal his bitcoins or that he will lose them are much higher, and of course chance that bitcoin will crash is even larger.
There is no risk in buying a house with bitcoins. A nice shelter is the basic necessity of the human life and we all earn money just to fulfill first our basic needs and then secondary ones. Yep, it could be little risky to keep bitcoins in wallets for long time because there are too many hackers active to hack bitcoins.
If I were on the original poster's shoe, I would definitely buy a house and lot now and enjoy living without mortgage. Having a house is a real asset and it is completely yours with no risk at all. Anyway you still had a portion of your bitcoin left so hold the remaining bitcoin you had. For sure you will still get profit on it in the future.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man

Remember the pizza guy with his 10.000 coins? think what you can buy in 2015 with all those coins.


Please stop using this argument. If not for the 'pizza guy' and others who were giving away hundreds if not thousands of coins, Bitcoin probably would never go off the ground.

The guy with the pizza did what he thought fit. Why regret the past?
If bitcoin becomes very expensive, I will also sell it to buy something of value. And if it is very expensive, then I too can buy a house. It will be a great buy.
destiny is what they call that he uses 10k coins for just a pizza since he didn't have any idea what future will bring for this currency now maybe he already accumulate more btc and he already buy luxuries' things like house or cars silently who knows the story of that guy bring noise to bitcoin followers and
they bring hope.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/

Remember the pizza guy with his 10.000 coins? think what you can buy in 2015 with all those coins.


Please stop using this argument. If not for the 'pizza guy' and others who were giving away hundreds if not thousands of coins, Bitcoin probably would never go off the ground.

The guy with the pizza did what he thought fit. Why regret the past?
If bitcoin becomes very expensive, I will also sell it to buy something of value. And if it is very expensive, then I too can buy a house. It will be a great buy.
At least we can benefit from holding bitcoin, we were able to buy a house because of our income in bitcoin then for sure
you can call that as a great achievement, something that we should be happy of.
member
Activity: 66
Merit: 10

Remember the pizza guy with his 10.000 coins? think what you can buy in 2015 with all those coins.


Please stop using this argument. If not for the 'pizza guy' and others who were giving away hundreds if not thousands of coins, Bitcoin probably would never go off the ground.

The guy with the pizza did what he thought fit. Why regret the past?
If bitcoin becomes very expensive, I will also sell it to buy something of value. And if it is very expensive, then I too can buy a house. It will be a great buy.
Pages:
Jump to: