If Bitcoin goes up very high should i buy a house? - page 7.

Jemzx00

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Quote from: Biglistener on September 14, 2017, 03:50:02 AM

You should if you have that much bitcoins i think it is a great investment because you invested in bitcoin and then when it went high then you selled it to buy a house and live in it an extra

investment would be that you let other people live in it and the pay you rent.

Actually it something you must buy once you have enough bitcoin or any altcoin to buy it since it's one of things that humans need. Since bitcoin is a currency or online money then you must consider buying a house, a car, and make a business once you have enough bitcoins.
Just like what you've said, bitcoin is an investment where you can get some money to buy things you really need.

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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.

It is possible that you can buy it if you can not afford the money, if you know how to accumulate? You will be able to do it especially when the bitcoin's life span lasts up the amount it gives up, not just you? not even me? But for all of us who use it

. If you have little bitcoin use? and do you remember what you should and can not do? Can you afford to earn a good amount of money in one day? And when you know how to save money, you can afford to buy a house using your patience. Keep it up a nice good work Wink

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You should if you have that much bitcoins i think it is a great investment because you invested in bitcoin and then when it went high then you selled it to buy a house and live in it an extra

investment would be that you let other people live in it and the pay you rent.

rickadone

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Quote from: PalindromemordnilaP on September 11, 2017, 02:16:45 AM

It depends on you sir because you can actually buy a house with BTC. Or, you can also keep it because if we look at value of BTC, it's noticeably surging all the time so it's better to just keep it until you will notice that its value is decreasing.

I will agree to your logic of reasoning. It is better to keep your Bitcoins at the time when the prices are going up and hold it for more and more profit instead of just buying a house. Buying a house is not a bad option, but it will not help you in earning more profit and more money. You need to make the best use of your Bitcoins.

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Quote from: allthingsluxury on September 12, 2017, 01:28:09 PM

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.

Hows that house?

It depends on the rate and the value of the bitcoin in your country if it is high and you will use it then you can buy a house. The price of the bitcoin is not same everywhere at some areas you can buy a house with one bitcoin only but at some places you can’t buy even with more than 20 bitcoin so it depends on the price and the value of the bitcoin at that are where you want to buy house.

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Quote from: ankurguta87 on September 10, 2017, 04:40:50 AM

Obviously, yes

Me too, my answer is yes. Buying a house is one thing I will like to do once I get enough money, maybe not from Bitcoin, but anyhow. I hate living as a tenant and having to pay the landlord every time, it’s better to build your own at once and have peace of mind, if you can.

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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.

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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

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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.

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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.

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Quote from: RayvenPierre on September 12, 2017, 02:29:58 AM

It will be very nice to buy a house using bitcoins but I would prefer using the profit I will gain from bitcoin after the price has increased instead of using all of it. That way you would still have an investment on bitcoin that can potentially grow again.

Very well said! Buying a house from the profit which you’ll be getting from Bitcoins or even selling your Bitcoins is not a bad idea. I think that you can think of some other good idea than this, probably investing of more money in Bitcoins in order to have a lot of profit and money at the end.

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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.

It's up to you and depending on your need. You can buy a house or a car or a lot or make business or investments. No body wants to rent anyway unless you don't have a choice. Mortgage sucks also and very dangerous once you fail paying the whole thing you will forfeit incase you are unable to continue on paying including the payments you made in the past. It will make you bleed.

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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.

stevano

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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.

good idea too but if possible then there should be sis fund that make continued work again in bitcoin, so everything can walk, buy house definitely work still steady road add this bitcoin project

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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.

Hows that house?

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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 should not buy a home, a home is a waste, it will make you spend more money on it, instead, you use that money to invest in some other Altcoin or Bitcoin hoarding. It will help you get richer instead of spending money to buy a home

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Quote from: david123 on September 12, 2017, 01:12:27 PM

Quote from: cryptoking710 on September 12, 2017, 11:12:37 AM

Original post was two years ago.... so did you buy the house?

I sure hope you did!!!

If he did he would be very stupid. Two years ago the bitcoin was like 5 percent worth of today's
price. That house of 2 years ago would be worth a real fortune now Cheesy

Haha indeed ! I can't imagine what the house will worth in two additional years! Probably a complete country

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Quote from: cryptoking710 on September 12, 2017, 11:12:37 AM

Original post was two years ago.... so did you buy the house?

I sure hope you did!!!

If he did he would be very stupid. Two years ago the bitcoin was like 5 percent worth of today's
price. That house of 2 years ago would be worth a real fortune now Cheesy

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Original post was two years ago.... so did you buy the house?

I sure hope you did!!!

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Quote from: Kim Domingo on September 12, 2017, 10:43:26 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.

It will be possible to pursue your dream of buying a house with bitcoin since the price rate of bitcoin the current time is really wonderful due to the fact that it is fast rising as time passes by enabling us users to purchase anything that we want. The only problem is if you can find a retailer that will accept bitcoin as a term of payment.

you can just exchange it to fiat then buy it as simple as that since in each countries we do have our own local exchange which allowed us to cash or exchange our bitcoin to our own currency so if ever you already have enough savings and you think that its already enough to buy your dream house then just cash it out and enjoy.

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