Topic: If Bitcoin goes up very high should i buy a house? - page 16. (Read 133943 times)
never sell one bitcoin for a house , i will holding bitcoin .it is the best option
It is hard to find someone who receives bitcons as a home payment that you buy because it has a risk involved. because there's a risk that the price falls as long as I can find a crypto lover that will really do everything just buy bitcoins or a rich man who wants to sell his property for bitcoins. And I'm sure they will not sell their property for bitcoins. It's better to sell your bitcoins and buy a home with fiat money.
Man... don't waste your Bitcoin on a house this early. HODL them until it goes up a lot more and then cash out. If you spend them all on a house now, as I told a guy last year you will have 3 houses if you just wait... and guess what, it was true. If you just wait you will be able to buy 3 houses.
Well why not reward yourself for a very good and life changing investment? However you need to make sure you are prepared to potentially miss out on more profits but that's your call.
This is the problem, you should only cash out if you need it or if you think the price is not going to go up any longer, by buying a house or anything then you are sacrificing potential profits, what if the price of bitcoin doubles in the next year? You could have bought two houses instead of one.I'm afraid but with that type of thinking, you will be forever holding. In your scenario, you did what if next year. So you held your bitcoin for another year, the bitcoin price actually doubled, now you're about to sell again, you think to yourself, "What if the price doubles next year?" so you saved your bitcoin for another year and so on. This loop will continue until one day, you die. You die with millions of dollars worth of bitcoin but you never get to used any of that wealth because... what if next year the price doubles?
I actually do have the same way of thinking so I'm spending only a small percentage of my total bitcoins. I learned my lesson when I almost cashed out all of my bitcoins and then the price went up to $1200.
Some people seem to think buying a house in bitcoin will save you tax money. Regardless of how you buy your house, you're going to have to pay taxes on it when you sell. If you're buying a house with bitcoin, you're still going to use the USD equivalent for tax purposes. All real estate transactions are registered with a county or local government office, you cannot buy a house anonymously. You will also still be subject to real estate taxes while owning, not just when you sell. Bitcoin does nothing to help you evade taxes on real estate.
The housing market is a complete fraud. The prices are obscenely high. We should all just boycott that market somehow by lowering our needs on the houses to make that market and the banks that are behind it go bust.
What would be ideal is that all of the rich douches would buy a billions worth estates, and then the estate market crash, so that those estate would be worth pennies after the crash.
It is true that the real estate sector does have insanely high amount of rate and i am sure the bubble is bursting in many places around the globe,all of the black money is invested in real estate and other similar sectors and so is the reason the inflation is really high and that a common man cannot afford a house at the present situation. What would be ideal is that all of the rich douches would buy a billions worth estates, and then the estate market crash, so that those estate would be worth pennies after the crash.
The last time OP was active was at 12-02-2017, 18:17:16.
From what he has specified, I guess it hasn't appeared anymore since he bought his new house! Ahah
Who would say this would become true in 2017! Congrats OP if you ever do see this in future and haven't sold your BTC before this rise!
From what he has specified, I guess it hasn't appeared anymore since he bought his new house! Ahah
Who would say this would become true in 2017! Congrats OP if you ever do see this in future and haven't sold your BTC before this rise!
If you have 20 bitcoin and now suddenly it rise . Sure you can build a house here since the 20 bitcoin us 600k php .That is a big money enough to build your home. So much better you do now is to earn bitcoin to have a good profit and you can get a millioner if you have a lot of bitcoin. And you can build or buy a house for your family.
yes of course if bitcoin goes up very high should i buy a house because its my dream when i was a child that time i had a dream and that dream is i made a 3 storied building after buy a car and got married. so i want work at bitcoin and buy all my dream.
If Bitcoin goes up very high should i buy a house?
Why not. Well its my dream to own a house someday, im already tired staying at my grandmothers house for atleast 20 years, and now i have save enough bitcoin to start building my new and beautiful house. 
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.
I think no, even the price of bitcoin is so high, it has no chance to use in buying a house if this is not legal to use. First, bitcoin needs to legalise in your own country and if this happen they accept this to use in buying anything. With a huge value of price, if they know that is it legal and legit, they grab this because they can also get a profit in bitcoin. If you have allot of bitcoin now and it will pump so high, not only a house you can buy also the things you want or needs like gadgets and cars .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.
buying a house with bitcoin still possible even if the country didn't declare that bitcoin is really legal currency. that's can happen when the transaction happen between bitcoin users. Bitcoin user offers a house and sell it to other (bitcoin user) they just need a deals and house certificate can move to other hand. no matter what people buy with.
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.
I think no, even the price of bitcoin is so high, it has no chance to use in buying a house if this is not legal to use. First, bitcoin needs to legalise in your own country and if this happen they accept this to use in buying anything. With a huge value of price, if they know that is it legal and legit, they grab this because they can also get a profit in bitcoin. If you have allot of bitcoin now and it will pump so high, not only a house you can buy also the things you want or needs like gadgets and cars . 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.
The housing market is a complete fraud. The prices are obscenely high. We should all just boycott that market somehow by lowering our needs on the houses to make that market and the banks that are behind it go bust.
What would be ideal is that all of the rich douches would buy a billions worth estates, and then the estate market crash, so that those estate would be worth pennies after the crash.
What would be ideal is that all of the rich douches would buy a billions worth estates, and then the estate market crash, so that those estate would be worth pennies after the crash.
Buying a house from what you have saved is the best thing that you could ever have. Its assurance, I am sure that it will be the geatest achievement that you could do. You will always appreciate your hard work when you see that you have invested it for a home.
The house is something that will never disappear. You will be able to live in it or rent it and have a steady income. Bitcoin will not rise in price always and ever you'll be faced with the fact that bitcoin is not profitable, and this will provoke a fall in prices. There is the opportunity to buy a house.
It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
That's true, it depends upon you if ypu really needed a house. But always save plenty of it, do not waste it for nothing, buy a house and continue investing. If the price is too high, you must gain more bitcoins then convert it into a fiat, then start another business while still continuing the bitcoin industry and that's a lot of money. 
maybe you can profit only a small amount and rent a house, then when you will be super rich buy an island, it's a better plan
Posted From bitcointalk.org Android App
Posted From bitcointalk.org Android App
Well why not reward yourself for a very good and life changing investment? However you need to make sure you are prepared to potentially miss out on more profits but that's your call.
This is the problem, you should only cash out if you need it or if you think the price is not going to go up any longer, by buying a house or anything then you are sacrificing potential profits, what if the price of bitcoin doubles in the next year? You could have bought two houses instead of one.I'm afraid but with that type of thinking, you will be forever holding. In your scenario, you did what if next year. So you held your bitcoin for another year, the bitcoin price actually doubled, now you're about to sell again, you think to yourself, "What if the price doubles next year?" so you saved your bitcoin for another year and so on. This loop will continue until one day, you die. You die with millions of dollars worth of bitcoin but you never get to used any of that wealth because... what if next year the price doubles?
I actually do have the same way of thinking so I'm spending only a small percentage of my total bitcoins. I learned my lesson when I almost cashed out all of my bitcoins and then the price went up to $1200.
The idea is to have an objective and stick to it. If your objective is attained much sooner than anticipated, switching to a more ambitious objective might be an option. That will depend on what's going on in your life. If you have a good job, a house already, a wife and kids, maybe Bitcoin is only a bet on the future. Then you can wait until that bet makes you rich.
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.
I think when bitcoin prices rise, not only can you buy your house you can buy more value depending on how much bitcoin you have, the more bitcoin you will have the more profits and you will so rich.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.
Ya you can .House is a dream for many people. If you inverse on anything like bitcoin and get high profit means.Even you can brought house.You have to act wisely to brought a house and all. Have to sell your bitcoin at correct time.Like a business, you can inverse on bitcoin.
Well why not reward yourself for a very good and life changing investment? However you need to make sure you are prepared to potentially miss out on more profits but that's your call.
This is the problem, you should only cash out if you need it or if you think the price is not going to go up any longer, by buying a house or anything then you are sacrificing potential profits, what if the price of bitcoin doubles in the next year? You could have bought two houses instead of one.I'm afraid but with that type of thinking, you will be forever holding. In your scenario, you did what if next year. So you held your bitcoin for another year, the bitcoin price actually doubled, now you're about to sell again, you think to yourself, "What if the price doubles next year?" so you saved your bitcoin for another year and so on. This loop will continue until one day, you die. You die with millions of dollars worth of bitcoin but you never get to used any of that wealth because... what if next year the price doubles?
I actually do have the same way of thinking so I'm spending only a small percentage of my total bitcoins. I learned my lesson when I almost cashed out all of my bitcoins and then the price went up to $1200.
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