If Bitcoin goes up very high should i buy a house? - page 46.

bitjoin

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Quote from: Newcoins2020 on September 16, 2016, 03:40:42 AM

When bitcoin goes up by alot then I will buy a house for sure as I see this as a good investment too just like bitcoin.
As some people said when you buy a house a lot of the cost what you usually pay for rent/mortgage goes away you get other costs but they are not anywhere near the same price.

You still have extra cost with a house and liability remember. Housing insurance, any maintenance, any set up costs legal etc.

I rent currently very cheaply and i also use my place as a storage. Its not so bad renting if you can get a good place for cheap with a decent landlord.

goldcoinminer

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Quote from: Newcoins2020 on September 16, 2016, 03:40:42 AM

When bitcoin goes up by alot then I will buy a house for sure as I see this as a good investment too just like bitcoin.
As some people said when you buy a house a lot of the cost what you usually pay for rent/mortgage goes away you get other costs but they are not anywhere near the same price.

I think I should follow you, that is one of dreams too when the price of bitcoin will skyrocket and I will make good money on my investment. Therefore I am patiently waiting for the price to rise and no matter what crisis will come I will not lost my faith.

Newcoins2020

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When bitcoin goes up by alot then I will buy a house for sure as I see this as a good investment too just like bitcoin.
As some people said when you buy a house a lot of the cost what you usually pay for rent/mortgage goes away you get other costs but they are not anywhere near the same price.

bitjoin

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Quote from: qiwoman2 on September 16, 2016, 02:18:33 AM

If I can get 250 bitcoins then I can buy a small house here in Cyprus. It's a pipe dream of course but I would love to buy my own home one day but chances of me getting anywhere near that is like winning the lottery..a very fat chance lol.

If you can get 250 bitcoin just sit on them for a while then buy your small house in cyprus for 50 BTC or something. I was not aware the house prices in cyprus were high?

hendra147

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if your bitcoin enough to buying a house, i think it's agreat idea to buying house with bitcoin.
i will do it too if bitcoin rising to $1000.000

bitlancr

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Buying an house is a nice investment. It takes away a bit of weight on your shoulders by cutting in some monthly payments, some get replaced.
So yeah I'd probably pay off my mortgage and enjoy life more. You'll have more money left every month like this.

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Quote from: wibuindon on September 16, 2016, 02:34:26 AM

I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.

Wow, that was great man, you really did buy a house from your income in investing bitcoin? That is really awesome I wish my dreams will also be realize and hope that bitcoin will double its price in the years to come, really a big accomplishment when you buy a house due to bitcoin.

wibuindon

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I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.

qiwoman2

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If I can get 250 bitcoins then I can buy a small house here in Cyprus. It's a pipe dream of course but I would love to buy my own home one day but chances of me getting anywhere near that is like winning the lottery..a very fat chance lol.

Ziskinberg

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Quote from: dinda22 on September 14, 2016, 01:36:20 PM

Quote from: Bitcoinsummoner on September 14, 2016, 01:09:23 PM

Quote from: xIIImaL on September 14, 2016, 12:37:34 PM

Quote from: Crazygreek on September 10, 2016, 04:19:00 PM

It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

Bitcoin price may can increase in future However We can't able to buy a house or anything which is involves some legal issues. Because bitcoin is not has been announced as centralised. If not You will not able to buy a house.

If you can be still buy house using bitcoin if you are lucky that you are holding a lots of bitcoin you can make more profit to convert your bitcoins into fiat that you can use to buy house.

if wait for bitcoin prices rise very high, it may take a long time and also you must have a lot of bitcoin.
so if you want to buy a house I think you should be able to get a good profit in the short term. so it does not depend on the price of bitcoin to buy a home.

No problem on waiting for the price of bitcoin to rise even in a long period of time as long as we can see that it will be realize. I believe real believers are willing to wait because the future of bitcoin is good.

dinda22

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Quote from: Bitcoinsummoner on September 14, 2016, 01:09:23 PM

Quote from: xIIImaL on September 14, 2016, 12:37:34 PM

Quote from: Crazygreek on September 10, 2016, 04:19:00 PM

It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

Bitcoin price may can increase in future However We can't able to buy a house or anything which is involves some legal issues. Because bitcoin is not has been announced as centralised. If not You will not able to buy a house.

If you can be still buy house using bitcoin if you are lucky that you are holding a lots of bitcoin you can make more profit to convert your bitcoins into fiat that you can use to buy house.

if wait for bitcoin prices rise very high, it may take a long time and also you must have a lot of bitcoin.
so if you want to buy a house I think you should be able to get a good profit in the short term. so it does not depend on the price of bitcoin to buy a home.

Bitcoinsummoner

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Quote from: xIIImaL on September 14, 2016, 12:37:34 PM

Quote from: Crazygreek on September 10, 2016, 04:19:00 PM

It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

Bitcoin price may can increase in future However We can't able to buy a house or anything which is involves some legal issues. Because bitcoin is not has been announced as centralised. If not You will not able to buy a house.

If you can be still buy house using bitcoin if you are lucky that you are holding a lots of bitcoin you can make more profit to convert your bitcoins into fiat that you can use to buy house.

AdolfinWolf

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Quote from: xIIImaL on September 14, 2016, 12:37:34 PM

Quote from: Crazygreek on September 10, 2016, 04:19:00 PM

It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

Bitcoin price may can increase in future However We can't able to buy a house or anything which is involves some legal issues. Because bitcoin is not has been announced as centralised. If not You will not able to buy a house.

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.

Well if you are able to buy a house for it with your bitcoin, I would highly suggest it, in the world we live in today, well atleast in europe, the prices of houses/ground are only going up because the world population keeps rising$. You could see a house as an investment aswell, especially in big city's prices are probably going up next couple years.

xIIImaL

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Quote from: Crazygreek on September 10, 2016, 04:19:00 PM

It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

Bitcoin price may can increase in future However We can't able to buy a house or anything which is involves some legal issues. Because bitcoin is not has been announced as centralised. If not You will not able to buy a house.

leakingnoseee

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Yes if bitcoin will ever be expensive, you should spend them all

Altynbekova

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Yeah why not buy a house but the question is if you are going to be able to make enough money with Bitcoin so that you can buy a whole house because houses are not cheap.
I hope that you can make enough money with it to be able to do what you want.

Crazygreek

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It's very very good purchase, you should buy a house for sure, but no need to do this when you are not sure it's a good for you, but if your life will not change in bad side, do it.

shane

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Quote from: Yakamoto on September 10, 2016, 12:23:27 PM

If Bitcoin goes up high, you should buy whatever you think will be able to secure its value the most. If you think that something like a house will retain the value of your Bitcoin, then buy a house. Precious metals? Buy precious metals. There is nothing that stops you from using one investment over the other.

However if you are able to buy something with a lot of value that you can use (like a house or a car), buy it.

yes if bitcoin prices rise very high, you can buy everything. but buying a home is the most important.
you can even buy a house in considerable amounts as 5-10 home, this could be a great investment in the future, as house prices continue to rise and will never go down.

Yakamoto

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If Bitcoin goes up high, you should buy whatever you think will be able to secure its value the most. If you think that something like a house will retain the value of your Bitcoin, then buy a house. Precious metals? Buy precious metals. There is nothing that stops you from using one investment over the other.

However if you are able to buy something with a lot of value that you can use (like a house or a car), buy it.

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Quote from: n691309 on September 10, 2016, 04:40:21 AM

Whatever the price be you should decide if you want to buy a house or not, depending on your bitcoin volume that you are holding I would not buy a house unless i plan to sell it later and make profit but depends on our preferences.

For every person is important and its selection of home buying. If you need to purchase and configure the nest, then of course if there is an appropriate amount of coins, you need to buy. Otherwise it makes no sense for the extraction of money. Why, then, you need money if you do not buy what you need.

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