If Bitcoin goes up very high should i buy a house? - page 5.

fasdorcas

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Quote from: futile-resistance on September 13, 2017, 03:46:35 AM

Quote from: pitiflin on September 08, 2017, 06:35:09 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.

Buy a house with bitcoin,sure a house is worth a lot,but making a mistake is what I think you are doing here,like if you wait for a few more years,god knows maybe you can buy one house for one bitcoin(sounds ridiculous but you never know). What I am trying to prove here is that you can wait for a few years and then think of buying your house using bitcoin.

Yeah, you can go for buying a house as prices have gone so up. In fact you can go for anything you love to like going for world tour, investing in different countries or buying different things for yourself. You can support your family more efficiently when prices of bit coins are high. Good luck.

If you have made investments already and things are under your control then not only house you can buy anything that you can afford. If you are holding then congratulations to you now you will get much more than you even expect, just wait for few more months or years whatever suits you.

anamie

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I think buying a house is a dream of everyone especially if you are renting, maybe you can buy your dream house through bitcoin, and you can buy also your favorite things, but if only signature campaign your source of income I think its very difficult for you to buy your dream house.

fiulpro

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OBVIOUSLY!!!!!
1. You are investing in real estate now thus no..losses for the long run
2. Its damn awesome to have ur own house... And if u r buying one then buy something big with more room and then rent it to others 😄 you can..earn some extra bucks and buy bitcoins from them again
Good luck✌

josephpogi

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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.

Yes if the bitcoin value goes very high i think if you have a oot of btc you can buy a beautiful house or may uou can buy a ferrari car

but for me ig i have a lot of btc i want to build a business becuase i know that the money is limited so i want to build a business to get steady income.

Sled

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Bitcoin- in bullish time

Quote from: corroze on September 20, 2017, 08:04:46 PM

Quote from: Gameroid on September 20, 2017, 07:07:02 PM

Quote from: kpcian on September 18, 2017, 08:59:33 AM

not only a house but also I will buy a car for me. when you can make the profit at a large amount then you can buy anything whatever you want. so you can buy a house very easily. but I prefer not to spend my Bitcoin because for me it is a gold mine. if I spend my Bitcoin then I will lose a golden opportunity to make more money so i will not buy a house.

yes i also have the desire to buy a new car for myself with the profit that come from bitcoin. i am sure that it can only be possible through trading, as through trading we can earn an unlimited amount of bitcoin, therefore i think that trading is the only way which give us opportunity to buy something great through trading.

Indeed, through trade we certainly have the opportunity to earn profits in line with expectations, and so far trade is an effective alternative in business to benefit from bitcoin with a relatively short time.

I agree to that. Trading is a good way for alternatives for business because you can earn everyday in trading and you don't need to talk to people because you will just need to understand the chart of the coins and try to make an analyzation so you can predict the movement of the price and make the best out of it.

corroze

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Quote from: Gameroid on September 20, 2017, 07:07:02 PM

Quote from: kpcian on September 18, 2017, 08:59:33 AM

not only a house but also I will buy a car for me. when you can make the profit at a large amount then you can buy anything whatever you want. so you can buy a house very easily. but I prefer not to spend my Bitcoin because for me it is a gold mine. if I spend my Bitcoin then I will lose a golden opportunity to make more money so i will not buy a house.

yes i also have the desire to buy a new car for myself with the profit that come from bitcoin. i am sure that it can only be possible through trading, as through trading we can earn an unlimited amount of bitcoin, therefore i think that trading is the only way which give us opportunity to buy something great through trading.

Indeed, through trade we certainly have the opportunity to earn profits in line with expectations, and so far trade is an effective alternative in business to benefit from bitcoin with a relatively short time.

Gameroid

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Quote from: kpcian on September 18, 2017, 08:59:33 AM

not only a house but also I will buy a car for me. when you can make the profit at a large amount then you can buy anything whatever you want. so you can buy a house very easily. but I prefer not to spend my Bitcoin because for me it is a gold mine. if I spend my Bitcoin then I will lose a golden opportunity to make more money so i will not buy a house.

yes i also have the desire to buy a new car for myself with the profit that come from bitcoin. i am sure that it can only be possible through trading, as through trading we can earn an unlimited amount of bitcoin, therefore i think that trading is the only way which give us opportunity to buy something great through trading.

Flyyyy

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Quote from: Harriti on September 20, 2017, 04:34:50 PM

Quote from: Ipwich on September 18, 2017, 07:06:53 AM

Quote from: aesma on September 18, 2017, 05:58:19 AM

I've completely changed my position on this. I won't buy a house with bitcoin, at least not my first house. I will buy my house soon, with fiat I have saved up and a big mortgage at low interest rate. Low interest rate = almost free money. So I will take advantage of that free money, and keep my BTC stash intact for now.

In a few years I might be able to buy a palace or a big building with the BTC !

There's a risk on what you are going to do but the reward is really high, good luck, you really are a risk taker.
As for me, I will secure first my house and then I will just invest my excess money, a house is already an achievement and if I have a
chance I will surely buy one, it's my first house actually.

Yup, most of the traders want to buy a home from amount of money they earned in Bitcoin. As me, I always wish I am owner a house in someday. Because I do not want to live at rent house.

Everyone wants to live in their own cozy home. But not everyone has such an opportunity. People who know about the crypto currency have more chances to get rich and buy real estate. I'm sure that bitcoin will soon make us all rich

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Quote from: Ipwich on September 18, 2017, 07:06:53 AM

Quote from: aesma on September 18, 2017, 05:58:19 AM

I've completely changed my position on this. I won't buy a house with bitcoin, at least not my first house. I will buy my house soon, with fiat I have saved up and a big mortgage at low interest rate. Low interest rate = almost free money. So I will take advantage of that free money, and keep my BTC stash intact for now.

In a few years I might be able to buy a palace or a big building with the BTC !

There's a risk on what you are going to do but the reward is really high, good luck, you really are a risk taker.
As for me, I will secure first my house and then I will just invest my excess money, a house is already an achievement and if I have a
chance I will surely buy one, it's my first house actually.

Yup, most of the traders want to buy a home from amount of money they earned in Bitcoin. As me, I always wish I am owner a house in someday. Because I do not want to live at rent house.

supine

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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 you can buy a house with bitcoin. The reason why we keep our bitcoin is to earn money. If you have a goal, just like buying a house with your bitcoin. You shouldn't hesitate to convert your bitcoin in to fiat, because it wouldn't make sense if you will just keep on holding to it till you get old. Remember, we hold to earn no to horde bitcoin.

setupbounds

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Quote from: sam53 on September 12, 2017, 11:59:44 PM

Quote from: cotton ball on September 12, 2017, 07:57:00 PM

Quote from: carriebee on September 12, 2017, 07:36:58 PM

Quote from: Freedom Force on September 12, 2017, 03:41:47 PM

It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.

I agree with you it depends on the amount of the house that you will buy if it fits in your funds. Personally, I would'nt buy a house I could still save and hold my bitcoin for it to grow my investment. I can still buy a house if I wanted to but more likely I must convert it into fiat.

Buying a big house is my dream, but right now I'm more interested in making business in the real sector first, my dreams will still come true if I develop as many business assets as possible and in the future and hope to enjoy the rewards I also bought a house just from bitcoin and want to focus on enlarging assets for mining rigs, if we have a long-term plan, then we will focus on capital for business first.

Yeah, in present, I recommend you should saving your Bitcoin, it better than waste your Bitcoin for buy some things or asset stable price like Gold, Real Estate. If you have a look in long-term, you will understand saving your Bitcoin today never make you regret Cool

Yes of course you should buy a house if you need, because property is also a source of investment and profit. But if you do not really need a house then it would be better to hold your bitcoin in your wallet because in the coming future the price will grow more and more and you will be rich more than today. Therefore I think both are right keeping bitcoin for future or buying a house against your bitcoin.

jostorres

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Quote from: fabrizoc on September 15, 2017, 02:57:48 AM

Quote from: Michhotdog on September 10, 2017, 07:48:34 AM

When bitcoin rises high, each person can buy himself whatever he wants. Buying real estate is the most necessary for many owners of coins who dream of getting rich.

Indeed! You can buy whatever you want with bitcoins provided the seller is aware of this latest type of currency. It would be easier to make a deal then but if he is not accepting bitcoins, no worries at all. There is option of converting bitcoins into fiat. I am myself hoping of buying an apartment with bitcoins.

Yes! Bitcoins are just like other conventional currencies, they are just lacking physical existence nothing else. Paper money and bitcoins are almost serving the same purposes. Indeed it would be really easier to make deals in bitcoins if both parties are aware of the real potentials of bitcoins.

kpcian

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not only a house but also I will buy a car for me. when you can make the profit at a large amount then you can buy anything whatever you want. so you can buy a house very easily. but I prefer not to spend my Bitcoin because for me it is a gold mine. if I spend my Bitcoin then I will lose a golden opportunity to make more money so i will not buy a house.

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Trphy.io

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.

why not ? house is a common necessity
and its very important staying in a place you own
no monthly rents to worry

Ipwich

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Student Coin

Quote from: aesma on September 18, 2017, 05:58:19 AM

I've completely changed my position on this. I won't buy a house with bitcoin, at least not my first house. I will buy my house soon, with fiat I have saved up and a big mortgage at low interest rate. Low interest rate = almost free money. So I will take advantage of that free money, and keep my BTC stash intact for now.

In a few years I might be able to buy a palace or a big building with the BTC !

There's a risk on what you are going to do but the reward is really high, good luck, you really are a risk taker.
As for me, I will secure first my house and then I will just invest my excess money, a house is already an achievement and if I have a
chance I will surely buy one, it's my first house actually.

aesma

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fly or die

I've completely changed my position on this. I won't buy a house with bitcoin, at least not my first house. I will buy my house soon, with fiat I have saved up and a big mortgage at low interest rate. Low interest rate = almost free money. So I will take advantage of that free money, and keep my BTC stash intact for now.

In a few years I might be able to buy a palace or a big building with the BTC !

cramcram21

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★777Coin.com★ Fun BTC Casino!

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.

Wow this post was made almost 2 years ago,
I hope you already bought a house for your own .
If you would compare the price of bitcoin when this thread was created the difference is so huge.

Sled

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Bitcoin- in bullish time

Quote from: Nenni on September 18, 2017, 04:40:33 AM

yes, my only greatest hope is, I can buy a house from bitcoin, so my prayer for this bitcoin keeps going, the price also goes up, so that my dream can be achieved

If you pray and make actions then you dream will come true but if you are just praying and hoping that your dream will come true then you are not doing right because that is not a good habit to do when you want something. You should work first and pray in the second so you will have an effective way of getting to your dreams.

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yes, my only greatest hope is, I can buy a house from bitcoin, so my prayer for this bitcoin keeps going, the price also goes up, so that my dream can be achieved

Maxsumi

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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.

Why not? The money is all yours you have earned. So you are allowed to buy a house with it, but you need to look at your country's law. In my country when you are withdrawing money to euros you need to pay taxes if you don't you could get a huge fine. So most people are just paying these tax in order to use bitcoin.

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