Topic: If Bitcoin goes up very high should i buy a house? - page 29. (Read 133924 times)
It depends on how much of bitcoin do you had because its doesn't matter bitcoin price go up. If you have a lot of bitcoin you can buy of course a house even you have only 5 bitcoin then the price is go up such as $2000 you can buy surely a house and if you have only a 1 bitcoin or 2 you can't afford to buy a house even the price is increased.
Yes if the price is higher and you earned better then you made high btc profit in your wallet. Its very important to cash it out from bank from time to time it became bigger in balance, you should cash it out to avoid being hacked. You should save it on your bank savings and buying a house is very possible to make, so if you dreamed of an house make bitcoin as an inspiration.
Being practical, that's true... Your money will be safer in banks if you are planning to buy a house and you depend on the price of bitcoin to rise and cashing out... But if you want to earn more, you should not cash out early, as long as you can handle, you should invest it in bitcoin until the time that you already have enough money to buy your own house, then sell all your bitcoin...
Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.
As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price.
Well, if a woman wants to buy a house for her own for the sake of freedom, then why not. Besides, when something goes wrong when you are married the house goes to the woman often. That's true, if you have enough, then cash out only 90% or less, and find a reasonable house price. But for sure, if it is cheap, there are also disadvantage of buying it, probably a cheap one might be on flood prone areas or far from main road or situations like that.
Of course if you have enough money to buy a house both men and women, it is a great achievement. But you must remember if we wait bitcoin rise in price for a long time. Because I think in this time being the price of bitcoin relative stable around 800 until 1000 dollars. the price of land and buildings are also more expensive .
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 definitely a viable option. If the price of Bitcoin went up that high, you wouldn't even need to convert to fiat, everyone would accept Bitcoin because they would see the price rising so much. Although, it would have to reach a pretty high price if you wanted to buy a house, unless you have a shit ton of Bitcoin. But I agree with you that you should buy the house outright. You end up saving so much money and then you don't have to deal with the headache of going through a bank. 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 if the price is higher and you earned better then you made high btc profit in your wallet. Its very important to cash it out from bank from time to time it became bigger in balance, you should cash it out to avoid being hacked. You should save it on your bank savings and buying a house is very possible to make, so if you dreamed of an house make bitcoin as an inspiration.
Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.
As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price.
Well, if a woman wants to buy a house for her own for the sake of freedom, then why not. Besides, when something goes wrong when you are married the house goes to the woman often. That's true, if you have enough, then cash out only 90% or less, and find a reasonable house price. But for sure, if it is cheap, there are also disadvantage of buying it, probably a cheap one might be on flood prone areas or far from main road or situations like that.
Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.
As a man or woman though right? i only like putting in 90% if the BTC price was incredibly high and the housing market was reasonable or a house you like was a decent price.
yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .
We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
As a man, it should be your priority. Sooner or later you will have a family so you really need it. Even if it costs you 90% or all your bitcoin. If you spotted a house for sale and you can afford it, then go for it, don't hesitate. That is a very nice gift you could keep for yourself and soon for your family. If you could buy it with bitcoin that's good, or if cash out from bitcoin, it's just fine.
Definitely yes, owning a house is one important thing when you decided to have your own family. Maybe in the near future bitcoin can be use to directly buy a house even noy converting into fiat.
yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .
We're not at that point where population is so blown up that houses costs much more than what it was when you bought it. If you go to rural areas, you will realize that the whole world isn't as overcrowded as what other people tells us. It's only the urban areas that are kind of overpopulated because of the poor people engaging in coitus like a couple of bunnies. It's only the poor people that makes the population blow up and I'm pretty certain that they don't afford to buy a house so your house wouldn't increase because of increase in demand.
It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.
On the other hand old houses sometimes are beautiful and worth more because of rare architecture.
On the other hand old houses sometimes are beautiful and worth more because of rare architecture.
You can buy the house only if you have lots of bitcoins or cash. By the way it hard to find anyone selling house for bitcoins. Perhaps you will need to convert them to cash to buy a house. In my country the best investment is the property but it is expensive.
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.
Well it's a good thing to buy a house after such pumps but I would rather suggest you to cash out after it soars higher and wait for it to stabilize after it begins to depreciates and then invest a little into buying the same amount of Bitcoins you had previously and then buy the house with your profits.
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.
Well it's a good thing to buy a house after such pumps but I would rather suggest you to cash out after it soars higher and wait for it to stabilize after it begins to depreciates and then invest a little into buying the same amount of Bitcoins you had previously and then buy the house with your profits.
It is a good investment if the house has a good location and is in a good shape. If you buy something you'll need to put a load of cash to maintain it's not worth it.
On the other hand old houses sometimes are beautiful and worth more because of rare architecture.
On the other hand old houses sometimes are beautiful and worth more because of rare architecture.
yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .
You're right. Real estate is a very good investment that mist of the time goes up in value over time. If btc goes up enough, i would definitely make housing a priority. Hopefully we can get to that point though where bitcoin would be that high. For now, i think we could just all hope for tbat time to come while holding our bitcoins.
It's a good plan, buy a house when the price of bitcoin goes high. So when the bitcoins price goes down you don't care about that and your nominal price still same. Like example on 4 days ago, when the price of bitcoin at the top price around $1050+ you use all our coins buy a house and when the price goes down like 3-4 days ago, you still fine, because you already use the bitcoin for buy a house.
One you buy a house, you already made your decision to cash out your bitcoins into fiat, that means your money will not grow anymore. It's actually depend on you plan, if you need a house then go ahead, it's your profit anyway and as an investor we also need to reward ourselves.On the other hand, if buying a house is due to investment, then always consider which one would bring good return in the future, is it investing in bitcoin or your house?
Well we could say that we cant buy a house using bitcoin without exchanging it to our own fiat. So we should first exchange it. I do agree as investor or because of our efforts and hardwork we should gift our self some of good stuff as reward because it is very stressful . Thus, you should earn a ton first before you can buy a house it needs lot of time , hardwork ang patience
I'm constantly saving while the price is increasing, it's a good timing.
So let's say that buying a house through bitcoin is one of your wants and currently the price is $2000 even though you have a lots of bitcoin I don't think its worth buying a house in that price . You should wait till bitcoin reaches $10 000 - $30 000 which will take a long time to become reality . I don't know how it is in OP's country but in here house and lots are really expensive if you want a decent one and most average people can't afford it . Even our house is not fully paid yet and we jusut pay it every month .
It will be different if you really needs it and you already have the right amount of money to buy one
yes you should buy a house infact that its a good investment because our population is slightly increasing every year thats why you could sell it if you want with a triple prcice and buy another house. well it depends on your country. because im living in a third world country that's why im saying to you that having a house is a great investment of all . because right now im still saving up money in order to buy a house .
Bitcoin price will goes up, but in reality a single coin won't high or equal in level to buy a luxurious house. So you can buy with bitcoin but with single bitcoin the possibility is low.
if the bitcoin goes up very high, i am sure that many people will buy whatever they want and not just for buy a house because we can be a rich person in our city and for buying product or something, we can do with easily. but i think its a good idea to buy house or land with our money so we have private house or private land and we can make private party
Only if they could also benefit on the price increase, only few are investors and I am one of them. I believe if I will just hold more, I will get the righ value that I am hoping and definitely I am gonna enjoy my income. Jump to: