If Bitcoin goes up very high should i buy a house? - page 31.

jossiel

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Quote from: janeparamas on January 11, 2017, 07:25:30 AM

For me yes. It's better to buy a house when the price of bitcoin goes up very high, so when the price of bitcoin going down, your bitcoin will stay on that price. Property in my country is really worthy, i mean every year the price is always increase. That's why you should buy a house and it's a good investment too.

Don't doubt that time is the best time to buy house with your bitcoins because if you are that bitcoin holder that you hold a lot of it.

For sure you are going to have higher profit when the price of bitcoin increases and just take the advantage of selling them instead.

So that you cannot just buy only house but also some other properties that are good for investment.

millgates

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Quote from: coinfast on January 22, 2017, 03:48:51 PM

Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea

Yes I agree, buy house's is a good decision. But I think he do not need to resell it. Only rent the house could be good passive income. It will be good investment for him. Just buy as much as he can.

coinfast

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Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea

Doamader

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If you had the coins on the last bump that happened at bitcoin and took advantage of it to buy a house you hade made the deal of the year, if you havent used your coins because not enought well, the future of bitcoin is amazing im pretty sure we will return to the 4 digits again this year and the halving at 2020 wont let the value drop below anymore.

PanZerrr

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Quote from: Ipwich on January 14, 2017, 10:00:31 AM

Well definitely i would buy a house,i hope so that bitcoin will goes up to its high limit.It will be a big help for me to fulfill my dream to have my dream house.Well,we cannot predict what will happen because we are aware that bitcoin is not permanent it depends upon how it works on everyday.

Yes, you are right, cryptocurrency very unstable and difficult to predict something. But I'm pretty sure that in the nearest 5 years, to buy a house for the Bitcoin will not be possible

Ipwich

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Well definitely i would buy a house,i hope so that bitcoin will goes up to its high limit.It will be a big help for me to fulfill my dream to have my dream house.Well,we cannot predict what will happen because we are aware that bitcoin is not permanent it depends upon how it works on everyday.

bitjoin

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Quote from: coinfast on January 09, 2017, 05:35:15 AM

Houses could also rise in value, and you can resell it for a profit as well. I think it was a pretty good idea, but the problem is whether the person who sold his house to be aware and know about Bitcoins?

But i doubt we'd see much rise in value vs bitcoin in next few years. Of course BTC can die though and its hard for house value to die so easy. I always wonder though your house value is protected by the security of the country right. Things like BTC or gold you dont often need so much asset protection.

janeparamas

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For me yes. It's better to buy a house when the price of bitcoin goes up very high, so when the price of bitcoin going down, your bitcoin will stay on that price. Property in my country is really worthy, i mean every year the price is always increase. That's why you should buy a house and it's a good investment too.

gabmen

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Quote from: Sithara007 on January 11, 2017, 06:28:31 AM

Quote from: funcaty on January 11, 2017, 03:18:26 AM

In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.

I have a feeling that the current property prices are inflated. Ordinary people are finding it extremely difficult to purchase a house, due to the high prices. The bubble can burst at anytime, just like the Japanese and NY property busts of the late 1980s.

Well there's that possibility and some people may just be waiting for that to happen before thinking of buying properties. Though in connection to the price of bitcoin, it may take a couple of more years of price surge for us to be able to at least buy a decent sized house. Though i agree that properties and lots are very good investments indeed

Sithara007

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Quote from: funcaty on January 11, 2017, 03:18:26 AM

In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.

I have a feeling that the current property prices are inflated. Ordinary people are finding it extremely difficult to purchase a house, due to the high prices. The bubble can burst at anytime, just like the Japanese and NY property busts of the late 1980s.

funcaty

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In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.

carlerha

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Quote from: Ereacia on January 09, 2017, 01:44:53 PM

Quote from: Dammitt on January 09, 2017, 01:12:45 PM

If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.

If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.

yes it depend on the amount of bitcoin you have invested if you have invested a good amount of bitcoin then certainly you can buy a house for your self. as currently i am going to buy a new car for myself with the income of bitcoin. but just waiting for the price to go a little high.

Ipwich

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Quote from: warwar on January 09, 2017, 11:34:45 PM

Quote from: Ziskinberg on January 09, 2017, 10:41:59 PM

Quote from: shine1123 on January 09, 2017, 08:53:57 PM

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 would also not trust to buy a house using my bitcoin, I have to ensure that everything is done in a legal way because it's not a small amount we are talking here. The dream will come true for me once bitcoin will continue to rise its value and hopefully it could reach to $10,000 in the years to come.

I'm constantly saving while the price is increasing, it's a good timing.

warwar

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Quote from: Ziskinberg on January 09, 2017, 10:41:59 PM

Quote from: shine1123 on January 09, 2017, 08:53:57 PM

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

huahuaea

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Quote from: shine1123 on January 09, 2017, 08:53:57 PM

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.

Bitcoin prices fluctuate, the house is the same. If you buy a house is to invest, and there is enough bitcoins, you can buy a house, but I still choose to invest bitcoins. If you do not have a house, you buy a house to live in, no matter how bitcoin prices fluctuate, you do not lose the house to buy.

Ziskinberg

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Quote from: shine1123 on January 09, 2017, 08:53:57 PM

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?

shine1123

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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.

DerDerrick

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If I would have the money for it I would also do this, buying a house is nice and if you can do this with the bitcoin its even more awesome, if you can do this you have made a very good investment.

Colt22

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Quote from: ethereumhunter on November 19, 2016, 11:25:02 PM

Quote from: kryptqnick on November 19, 2016, 05:23:23 AM

Quote from: doublemore on October 29, 2015, 05:04:54 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.

I think that if you want to have a house then you should buy it, because otherwise you can just earn money and keep it for some occasion that never comes and just die not using it and limiting yourself for all your life. Or Bitcoin can suddenly explode and you will end up with no money and no house.

agree with this and i hope that you don't miss the chance for buying a house because we don't know until when we can still make profit from bitcoin and as long we have much of money, then its wisely for buy much of investment and then we can reach the dreams that many people want which is passive income for the rest of our life.

In the coming days maybe some weeks the price of bitcoin will increase much higher and if we wait for more longer then we will be able to buy a house with much lowest amount of bitcoins so a little wait will be beneficial.

Tanic

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That would be the nice buying to you in the case that you have enough money to buy a house in bitcoins in that moment . Why not? the idea is really great! But in the case that you have like 2 bitcoins you will have to wait to the price reached 10 000$ as minimum Tongue

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