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Topic: If Bitcoin goes up very high should i buy a house? - page 20. (Read 133943 times)

legendary
Activity: 1176
Merit: 1001
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All depends on what your priorities are and if to buy a house when the market value of Bitcoin increases that is good one. Even at present So many people have accomplished so many things with the money they make from bitcoin and yours will not be an exception. To own a house is the best thing for a family because that will reduce stress from landlord and his agents.
When you have already more btc which will be enough to you to buy a house and to trade and invest in the same time then go on in biying especially if you really need a house or ypu dont have house yet. Biy when the price is high so you can have more btc.
Yes that's right the first thing we need to do is collect bitcoin as much as we can after that we can think of buying a house. and other way we can buy a house after earning enough profit so we don't need to wait for bitcoin prices goes up very high.
hero member
Activity: 1190
Merit: 525
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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.
When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

Yes, strike the iron while it is hot.  You never know whether it is the highest or lowest but if you feel that it is then do it.  Having your own house is not regretable.  It is already an investment.  Actually you can improve it a little and then sell it on higher price.  So if the bitcoin that you have can buy a house I would say you better do it already.

It's a good investment, but first make sure the house you are buying is situated in a good area, make sure the place won't lose price in the future, it can happen for several reasons like criminality, weak infrastructure, poor region, industries near.

Some people have done this investment and regret later because their house lose price, not because of them, but because the neighborhood. Depending where you live Bitcoin is a more profitable investment than a house.  Wink
full member
Activity: 301
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.

I think you should not buy a house. In "teach children to enrich" the author mentions that the home is a peppermint, we will spend a lot of money on it, because it is a peppermint. You buy what is considered property, it will make you richer. Why do not you buy other types of Altin coin and wait for it to rise? I think that is really your property
sr. member
Activity: 1078
Merit: 342
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If bitcoin goes up very high, you can buy many things that are more expensive than a house. But in your case, yes. Why not? If you want to buy a house so badly, and you do not have a job or even money, with bitcoin (assuming you have bitcoin in your wallet) you can buy anything you want. My advice for you is to save bitcoin until its price increases. Then you can get rich.
sr. member
Activity: 434
Merit: 252
Buying a house is also a good investment. If you calculate the yield in percents then of course investing in bitcoin now will be more profitable, but it's always a risk to stay without money. The house will always bring a guaranteed income without any risk.
hero member
Activity: 826
Merit: 529
You can do whatever you want...
But if you ask suggestion regarding this matter then I suggest you to invest more time period, buying house is also a good decision but investing in bitcoin will be more profitable rather than holding a house for me, so investment would be the best policy in order to earn more and more profit...
hero member
Activity: 994
Merit: 544
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.
When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

Yes, strike the iron while it is hot.  You never know whether it is the highest or lowest but if you feel that it is then do it.  Having your own house is not regretable.  It is already an investment.  Actually you can improve it a little and then sell it on higher price.  So if the bitcoin that you have can buy a house I would say you better do it already.
sr. member
Activity: 350
Merit: 250
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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.
When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 
Yea its right , however if i am i will buy it with fiat instead of bitcoin i will just keep bitcoins because the opportunity is too big .So thibk twice before you do finalize your own decision.Buying a house with bitcoins now is starting to know i read a news a villa is being for sale with bitcoins .Bitcoins now is too wide range to be used not only to pay things but to buy like houses or cars.
hero member
Activity: 2548
Merit: 950
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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.

Yes, buying a house is basically getting out of bitcoin. Which is fine, owning a house means you can have an easier outlook on life, losing or changing jobs is less stressful, not having to pay a rent when you're old, etc.

Ideally I would want to have a big enough stash to both buy a house and keep earning money thanks to BTC.
sr. member
Activity: 882
Merit: 258
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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.
When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 
legendary
Activity: 1008
Merit: 1060
I'm actually thinking of buying a house in a place far from my hometown. My hometown is not that developed and moving to a place where there's a colder temperature will be a huge savings for me because I live in a tropical country. Meaning, it's always hot in here and we always have to maintain the AC. If bitcoin goes up, there's no reason for you not to buy the things that you need. If you feel like you need to buy a house, then go buy one. As a young adult, I need my own house as a first step to having a bigger life.

It will be absurd for us to just keep on holding our bitcoins when the price is already insanely high because with that, we will be forever holding our bitcoins. We've been waiting for that day all along and we should grab that moment to finally buy the things that we want.
legendary
Activity: 2562
Merit: 1441
If someone is planning on buying a house or real estate, it might be a good idea to wait a few years.

Average wage growth has slowed to a point where most can't afford to buy houses and prices could decline on diminishing demand.

Also: location, location, location. Isn't that what real estate moguls say is important to focus on with buying homes or real estate?   Cheesy

sr. member
Activity: 1456
Merit: 359
Yes, you can buy a house when the price is very high and that's is your choices and your dreams to buy a house but find if they will accept bitcoin. That is a big opportunity when a price is up. That's is the good idea where you put your money but the other is you put it in an investment so that it can earn profit. Because investment is saving and to the future. But the most important to our life is investment because is a good things that our money will grow or get profit. But it was decision in your bitcoin where you invest your money. 
Yeah if you have a sufficient money go and buy a house. The bitcoin is reall our key to become successful and fulfill our dreams. I know someday that all the people who enter the cryptocurrecy will become successful.
full member
Activity: 182
Merit: 100
Yes, you can buy a house when the price is very high and that's is your choices and your dreams to buy a house but find if they will accept bitcoin. That is a big opportunity when a price is up. That's is the good idea where you put your money but the other is you put it in an investment so that it can earn profit. Because investment is saving and to the future. But the most important to our life is investment because is a good things that our money will grow or get profit. But it was decision in your bitcoin where you invest your money. 
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
All depends on what your priorities are and if to buy a house when the market value of Bitcoin increases that is good one. Even at present So many people have accomplished so many things with the money they make from bitcoin and yours will not be an exception. To own a house is the best thing for a family because that will reduce stress from landlord and his agents.
When you have already more btc which will be enough to you to buy a house and to trade and invest in the same time then go on in biying especially if you really need a house or ypu dont have house yet. Biy when the price is high so you can have more btc.
full member
Activity: 138
Merit: 100
With bitcoin, you can buy yourself not only a house, but all that you want. You just have to be patient when the price rises to that mark.
sr. member
Activity: 1330
Merit: 291
All depends on what your priorities are and if to buy a house when the market value of Bitcoin increases that is good one. Even at present So many people have accomplished so many things with the money they make from bitcoin and yours will not be an exception. To own a house is the best thing for a family because that will reduce stress from landlord and his agents.
sr. member
Activity: 714
Merit: 261
That sounds like dream come true with bitcoin. You should first check on how many sellers out there to let you buy in terms of bitcoins. If you thinking to convert to fiat currency and then withdraw those million in bank account then you will have to face the tax procedure first loosing money. Then the housing tax would be another service charge to pay. If you find a seller with bitcoin terms then proceed 100% and you will save PTP 30% of different taxes. Isn't that great and one of the decentralised nature f bitcoin. Sounds cool. Go ahead for it.
sr. member
Activity: 630
Merit: 265
Bitcoin's price is already high and it's enough to buy a house. However, it depends on you when you'll sell your bitcoin but I can assure you that it's going to pump in the next months and years.
sr. member
Activity: 616
Merit: 250
Yeah you can buy a house when bitcoin price increased but you need to have more and enough bitcoins to buy a house.
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