If Bitcoin goes up very high should i buy a house? - page 24.

Sled

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Bitcoin- in bullish time

Quote from: radjie on May 21, 2017, 05:10:38 PM

Quote from: doublemore on October 29, 2015, 04:04:54 AM

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 think that's the best way to do it.
With soaring bitcoin price rises so that it could be the same as home market prices, We better buy a house than we have to buy other goods because home is one of the best investment for the future, we can sell it back in the future with a higher price.

Real estate investment is the best investment that you can do in real life because it is very easy to manage and you don't need to worry about getting a lower value for your house each year because it is opposite to the reality. If you will buy a house now and serve it as an investment then after at least 10 years the price was already tripled or even more.

radjie

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Quote from: doublemore on October 29, 2015, 04:04:54 AM

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 think that's the best way to do it.
With soaring bitcoin price rises so that it could be the same as home market prices, We better buy a house than we have to buy other goods because home is one of the best investment for the future, we can sell it back in the future with a higher price.

batang_bitcoin

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Quote from: kirch on May 21, 2017, 10:55:18 AM

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.

Probably if he is holding 25 bitcoins or more he can now buy his own dream house. And if I'm going to buy my own house, I'm the one that will look for a nice place so that I can still keep on doing bitcoin trading and together I can monitor that type of business that I'm going to build up with that house. For sure many did bought their own home here.

kirch

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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.

chixka000

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Follow what your heart desires. Yet never forget your instinct as well. If you think that btc price would still go so far then save it and wait a lil bit longer but if not then go for safe play and buy a house but if you take risk and succeed then maybe you just have to spend 50-60% of your fund instead of 80-90

J Gambler

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Depends if the the bitcoin price really hit the price of half of bitcoin or maybe the price right now and you had already tons of bitcoin then ask the seller to accept your payment or much better if he already knew about bitcoin so he would accept that instantly.

babsalt1975

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Op has a very good dream-that of owning a house. In fact everyone would dream to have his/her own house and avoid the stresses of agents/landlords. It will all depend with the amount of bitcoins that you are holding right now. I can assure you that 1 bitcoin will not buy you a house ( i dont know which part of the universe you reside). Even with the cheapest houses, 1 bitcoin will not buy one. But if you have more than 10 bitcoins, Man, you can get that dream house that you want. Go for it and save the other bitcoins to buy a sports car.

sportis

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Veni, Vidi, Vici

Quote from: Xester on May 21, 2017, 06:07:35 AM

Quote from: SoeNan89 on April 08, 2017, 12:31:14 PM

Quote from: Bitcoin0916 on April 08, 2017, 09:35:03 AM

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

Buy a house is very nice plan, because that is for a life us be better with having house.
But, we are don't know when the Bitcoin price will go up due to the Bitcoin value is volatile.

Actually we all know that today is the best time to buy bitcoin since Japan accepted it and adopted it. Next month Australia will also adopt bitcoin as a form of payment in exchange for goods and services in their country. Thus if we buy now we will experience more price spike and possibly it will hit by 3k or 5k $ by the end of the year. If you buy more bitcoins now then by next year you can buy a house.

Nobody knows if bitcoin price soars or will crash. Investors always have to think about it even though all bitcoin holders pray for the best. Therefore, if someone has a big bitcoin stash maybe could diversify it so as to mitigate the risk.

Viscore

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Live with peace and enjoy life!

Quote from: frowsiter on May 21, 2017, 07:40:58 AM

House with bitcoins let's do it. It is always a good idea and yes mortgage would be bad idea or let's just skip it as you will have to repay all the interest and all. The tax would be taken from your bitcoin already so you don't have to pay it again in USD. I'm hoping you would do that when the price hits to 3000 dollar. That would be just profitable home ever.

I am not interested on buying a house using bitcoin as I feel it could be safer for me if I will use our local money to buy a house, what is my goal now is to see a bigger value that will lead to the increase of my money, then the right timing will come that I can buy my own house.

frowsiter

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House with bitcoins let's do it. It is always a good idea and yes mortgage would be bad idea or let's just skip it as you will have to repay all the interest and all. The tax would be taken from your bitcoin already so you don't have to pay it again in USD. I'm hoping you would do that when the price hits to 3000 dollar. That would be just profitable home ever.

mornabo

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Quote from: Bitcoin0916 on April 08, 2017, 09:35:03 AM

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

Lol i think whatever you want could have come true. One thing that is key is that you focus on what you want to achieve. If you focus like want to buy a car. I'm sure you will definitely make a full effort to work and earn money to buy it

Cherylstar86

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If you are renting a permanent house I must suggest you should buy a house, only that if you have a bigger bitcoin balance amount on your wallet. With a bigger bitcoin price right now you can sell your bitcoin balance and exchange it to fiat cash if ever the owner of the house doesn't accepts bitcoin as mode of payment. But if both of you were doing good transactions which an owner of the house to buy knew about btc currency, well it's a good options to do; and profitable to the both of you doing the transactions og house property transfer.

bitjoin

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Quote from: Bitcoin0916 on April 08, 2017, 09:35:03 AM

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

I would never buy a flashy car even with the price 1 mil per BTC. You can't drive fast on the roads anyway without being unsafe, it just seems like a status symbol, meh.

Xester

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Quote from: SoeNan89 on April 08, 2017, 12:31:14 PM

Quote from: Bitcoin0916 on April 08, 2017, 09:35:03 AM

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

Buy a house is very nice plan, because that is for a life us be better with having house.
But, we are don't know when the Bitcoin price will go up due to the Bitcoin value is volatile.

Actually we all know that today is the best time to buy bitcoin since Japan accepted it and adopted it. Next month Australia will also adopt bitcoin as a form of payment in exchange for goods and services in their country. Thus if we buy now we will experience more price spike and possibly it will hit by 3k or 5k $ by the end of the year. If you buy more bitcoins now then by next year you can buy a house.

kpcian

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Why not??
You can anything but you should make more profit. If the price of Bitcoin is getting high then you should observe more time. In course of time, Bitcoin would be gained more value. So, finally you have to decide whatever you want to keep or sell.
If you sell your stock then you can buy a house or a car. Whatever you want...
Best of luck..

SoeNan89

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Quote from: Bitcoin0916 on April 08, 2017, 09:35:03 AM

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

Buy a house is very nice plan, because that is for a life us be better with having house.
But, we are don't know when the Bitcoin price will go up due to the Bitcoin value is volatile.

Bitcoin0916

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Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

MMA

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Quote from: Forester618 on April 05, 2017, 09:47:38 AM

Quote from: SoeNan89 on April 05, 2017, 09:18:54 AM

Quote from: delliaerd on April 05, 2017, 06:57:27 AM

Quote from: pealr12 on April 05, 2017, 05:59:00 AM

Owning a house is everyones dream ,so if bitcoin price goes up so very high i am definitely buying my own house.
But the problem is when will it happen that the price will go the moon.

I'm sure the price of bitcoin will continue to rise. you wait and grow bitcoin amount you save. if we only had a little bitcoin would be longer for us to be able to buy a house, but if we try to increase the number of bitcoin that we have so we can more quickly to achieve our goal. home is a basic requirement we will not be sorry to spend bitcoin we have to buy it.

Yes I agree with you that the price Bitcoin will continue to rise, I will buy some Bitcoin now
then I want to hold it for future. If the price suitable with my target, I want to sell it and buy a house and a car.

I think you missed your chance. Such a large growth of bitcoin which we have seen before will not. You can simply earn money in bitcoins and postpone their next purchase. In any case, be prepared for the fact that the price of bitcoin may rise or fall.

to me i think chances in bitcoin not finises. for every time bitcoin will give you new chances and every time you will have chance to make money from trading bitcoin.

BlueStackz

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Quote from: bitcoinisbest on April 03, 2017, 09:46:20 AM

Yes definitely if you have a good portfolio with all eggs in not one basket and have a diversified portfolio then certainly you can buy house etc. Its not just restricted to house alone. If you had invested early in btc and have a good qty by now itself you would have bought a house and a good car as well

You certainly want to make sure to not put all your wealth in Bitcoin. That is a very dangerous move. I would not even put 50% of my net worth in Bitcoin. As to whether you should buy the house I don't think that is something people on the forum can decide. You really need to do a cost-benefit analysis and decide for yourself.

deppil

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Quote from: fathur.aza on April 04, 2017, 07:44:40 AM

I became so if the price is high bitcoin buy homes to live with my family.
may result from this bitcoin I would investment after buying a house.

thanks bitcoin.

buy a house is not as easy as you'd think. I've tried almost 4 years in bitcoin and I have not been able to buy a house. perhaps because I was too extravagant or anything but to buy a house needs a lot of bitcoin?

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