Yeah buy a house if you want but it would be really something if you would be able to buy a house with the money that you have earned from Bitcoin.
But if you can make it happen then more power to you.
Topic: If Bitcoin goes up very high should i buy a house? - page 45. (Read 133943 times)
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.
I agree with the idea of buying a home, but if you already have a nice house, can buy others such as land, or others. And it would be better to buy only needed, and the rest can be saved for future savings. because we do not know what the financial problems we will face in the future.
If you buy another house as a investment, that will be a worse investment than the bitcoin as bitcoin will rise faster.
At a certain point it will stop rising which means your house will be worth more, it will cut out monthly costs and it will be an okay investment.
I think it's worth it to buy a house but I don't think bitcoin will get that far though.
I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till nowMaybe yes, but who knows for sure what is the right time to spend your coins. If he bought them for $50 and sold for $200 he already had a good profit. That's one the reasons why Bitcoin is not rising indefinitely - people who bought for a lesser price than at the moment start selling their coins.
Maybe if bitcoin rose very high into 1btc worth $ 3,000 that will be able to buy a home with ease, even with only collect only we could get home. It could be better if bitcoin prices continued to improve.
And let us hope it will happen soon because there is no sense if we buy a house if we cannot live it, you know we are getting older while we are waiting for the price of bitcoin to rise and though majority of us are optimistic for that to happen but we need more time I guess.
Maybe if bitcoin rose very high into 1btc worth $ 3,000 that will be able to buy a home with ease, even with only collect only we could get home. It could be better if bitcoin prices continued to improve.
How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
I think if in view of bitcoin prices are in the range of $ 600 might you need at least 30 BTC to be able to buy a simple house pretty good. I think it would depend on the rate of bitcoin at that time. certainly when bitcoin prices to go up. you need a little bitcoin dude 
How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
The most important factor to determine that is the value of bitcoin when the time you will sell your bitcoins, regardless of the number of bitcoin you are holding but the value will not increase you will still not be able to buy a house, let us just continue to save and hope the value will rise in the future so the right time will come for us to buy.
How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house
Well if you have the money to buy a house and you need a house, I see no reason coming to this forum to seek advice. Just go and buy the house! 
Agree with you, If you do not have a house and you have enough money just buy it and start to collect more bitcoin again and buy another things that you need if you already have enough bitcoin in your bitcoin wallet. 
Well if you have the money to buy a house and you need a house, I see no reason coming to this forum to seek advice. Just go and buy the house!
Well, I'm thinking of buying a house with bitcoin bitcoin someday if I am already very much, for now I think the focus on business is a very good thing to do. but if you already have a lot of bitcoin and was enough to buy a modest house, I think it is the right time to buy a house, because it was also referred a long-term investment
I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till nowAnd this is my dream to buy my own house where I can live peacefully and I am the one that is going to design the whole house for my own's sake.
I hope the price is going to reach higher so that I can buy my own house.
I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till now 
If you can buy a house with the money that you can make of Bitcoin then you can buy a house but if you already have a house then I would not do it.
But if you really want a other house then tho it, it is your money so do why makes you happy.
But if you really want a other house then tho it, it is your money so do why makes you happy.
Actually it's a good plan, buy a house when the price of bitcoin increase so high. So, when the price goes up, you sell all your coins and invest it into a house. Because i'm sure the price of bitcoin not always goes high. It will goes down again.
Indeed it is a good plan to buy a house, but the problem on having a house is all the legal fees attached to it. Expenses with house does not stop after you bought it. Maintenance, taxes and other legal fees, I would rather invest my BTC in a cultivated land like farm land or other stuff the gives you or produce products that you can sell and earn a profit. That way the BTC i sold for buying this kind of stuff keeps producing more earning for me.
If you live in a place where inflation or fluctuation rate is low in imobiliary sector, you better buy with fiat. But if your currency is the safety port and the aquisition of house are little difficult it's ok. In big cities to buy a house it's a problem, because fluctuation is very high, in up-country the price goes up very slow. So, depending where you live it is a good thing to do. Also, many places has a government control in the imobiliary market what makes the use of BTC in all sectors very good.
Actually it's a good plan, buy a house when the price of bitcoin increase so high. So, when the price goes up, you sell all your coins and invest it into a house. Because i'm sure the price of bitcoin not always goes high. It will goes down again.
thats right the price keeps on fluctuating so better to make a good timing if the price went up to high better to exchange it right away and invest with your dream house mate. 
Actually it's a good plan, buy a house when the price of bitcoin increase so high. So, when the price goes up, you sell all your coins and invest it into a house. Because i'm sure the price of bitcoin not always goes high. It will goes down again.
Why not? Buying a house would be financially wiser than renting one. There are rent-to-own houses available in my country but I guess there's not any in OP's area. Having your own house is so convenient, you can do what you want with it. You can extend it, paint it, whenever you want simply because you own it. Also, a house could be an investment as well. You could buy it low and then sell it later for a higher price.
I think the question OP is asking needs an answer financial wise, not what can he do with him owning a house besides what you have told about it can be also done by renting one, it depends on the agreements. But yes OP is right about buying a house to don't have a problem with mortgages. It's either you have a problem paying it monthly or paying it one time and having not to worry what to do with the monthly mortgage.
Why not? Buying a house would be financially wiser than renting one. There are rent-to-own houses available in my country but I guess there's not any in OP's area. Having your own house is so convenient, you can do what you want with it. You can extend it, paint it, whenever you want simply because you own it. Also, a house could be an investment as well. You could buy it low and then sell it later for a higher price.
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