Topic: If Bitcoin goes up very high should i buy a house? - page 70. (Read 133924 times)

Quote from: Ziskinberg on May 24, 2016, 07:20:14 AM

It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.

for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

It will be a long time before he can reach the amount enough to purchase a house unless he is earning maybe a bitcoin per week. Then most probably, he can buy a house. I don't think you want to wait longer before you buy a house. The longer you wait, the more expensive it gets and harder to save for a house.

Making an investment in a house will be the best thing that you can do and that is because if you are selling it later than you can earn some profit with it and that is nice.
But of course it is really hard to know what the value will be and that is the biggest problem of Bitcoin.

jossiel

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Quote from: safari88 on May 24, 2016, 03:40:31 AM

Quote from: Hatuferu on May 24, 2016, 12:15:30 AM

Quote from: safari88 on May 24, 2016, 03:40:31 AM

These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

Good plan man, you just need to exert more effort and time to buy a house in the future, now is the change to buy while the price is low as it was expected to increase substantially after the halving.

I think it still will not be achieved to buy a house and a car, after halving. It is therefore not possible to rise to $1000, and also to buy both you need about 100 BTC, because bitcoin prices will never rise very high, like $5k or $10k

It all depends on how much you invested, if you have put a lot of money today and the halving effect of price increase will happen in the future then you will profit. If you invest like $1,000,000 worth of bitcoins and price is multiplied by 1000 after the halving then I think you can buy as many house as you want. I know it sound ridiculous but that is base on my honest opinion.

Well you have an exaggerated example but you have an accurate result. But for me, even though you won't invest in bitcoin.
You need to buy your own house, no matter what. Since shelter is one of the basic necessity of human being.

Ziskinberg

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Quote from: Hatuferu on May 24, 2016, 12:15:30 AM

Quote from: Hatuferu on May 24, 2016, 12:15:30 AM

These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

Good plan man, you just need to exert more effort and time to buy a house in the future, now is the change to buy while the price is low as it was expected to increase substantially after the halving.

I think it still will not be achieved to buy a house and a car, after halving. It is therefore not possible to rise to $1000, and also to buy both you need about 100 BTC, because bitcoin prices will never rise very high, like $5k or $10k

It all depends on how much you invested, if you have put a lot of money today and the halving effect of price increase will happen in the future then you will profit. If you invest like $1,000,000 worth of bitcoins and price is multiplied by 1000 after the halving then I think you can buy as many house as you want. I know it sound ridiculous but that is base on my honest opinion.

safari88

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These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

Good plan man, you just need to exert more effort and time to buy a house in the future, now is the change to buy while the price is low as it was expected to increase substantially after the halving.

I think it still will not be achieved to buy a house and a car, after halving. It is therefore not possible to rise to $1000, and also to buy both you need about 100 BTC, because bitcoin prices will never rise very high, like $5k or $10k

DuckKeeper

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lol how do you think your going to buy a house with bitcoins never heard someone saying he has bought a house with just bitcoins. You can buy allot of things with bitcoins but houses already i dont think so XD

SolarSilver

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These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

A house and a car: two prime examples of liabilities. How are you going to pay for the annual estate tax and road tax, the maintenance and insurance? It is your dream to be stuck to a liability you can't move out off and become a wage slave to pay for all the expenses incurred by your 'dream'?

Hatuferu

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Quote from: jakelyson on May 20, 2016, 05:04:55 AM

These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

Good plan man, you just need to exert more effort and time to buy a house in the future, now is the change to buy while the price is low as it was expected to increase substantially after the halving.

twunkle

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you should keep your bitcoin and take out a mortgage on it

Dr.Osh

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These days I think, if the price rises to a high bitcoin, what things I need to buy. and finally the first big thing I want to buy a house, but not only that, I also plan to buy a car. although it was a simple house and car, but it might be able to realize my dream. I also want to build a business with bitcoin. at least, I would buy things that are important to me and my family after buying a house

Ulloa

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Quote from: rektDude on May 20, 2016, 04:42:19 AM

It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.

for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

It will be a long time before he can reach the amount enough to purchase a house unless he is earning maybe a bitcoin per week. Then most probably, he can buy a house. I don't think you want to wait longer before you buy a house. The longer you wait, the more expensive it gets and harder to save for a house.

If you have that much Bitcoin than it will be really nice if you can invest in a house and that is nice because investment in a house is one of the best thing that you can do.
But it is really hard to know what you can do with Bitcoin sometimes because the value is always changing.

jossiel

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Making an investment with a house can be the best thing that you can do now and that is because there are also a lot of people that is going to hold their coins to make more profit later.
But to make an investment in a house you need some a lot of coins and that can takes a long time.

I agree with you it is the best thing to invest your money in buying house. And I think even though bitcoin will not rise.
it is one of the most needed of every one to have to.

blackmachinegun

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Quote from: rektDude on May 20, 2016, 04:42:19 AM

Making an investment with a house can be the best thing that you can do now and that is because there are also a lot of people that is going to hold their coins to make more profit later.
But to make an investment in a house you need some a lot of coins and that can takes a long time.

buying a house is an investment as well. because you know the price of a house and real estate always increases in price each time. so it would be nice if you bought a house for investment and merged with investments in bitcoin.
I'm sure you will have benefit that a great dude

rio3233

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Quote from: rektDude on May 20, 2016, 04:42:19 AM

Making an investment with a house can be the best thing that you can do now and that is because there are also a lot of people that is going to hold their coins to make more profit later.
But to make an investment in a house you need some a lot of coins and that can takes a long time.

Yeah i agree with you. I prefer invest on a house than bitcoin, because it's more worth and the price is stable or even can increase. So yeah, you should buy a house.

Hatuferu

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Quote from: jakelyson on May 20, 2016, 05:04:55 AM

It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.

for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

It will be a long time before he can reach the amount enough to purchase a house unless he is earning maybe a bitcoin per week. Then most probably, he can buy a house. I don't think you want to wait longer before you buy a house. The longer you wait, the more expensive it gets and harder to save for a house.

I think you should not just buy a house , if that will happen go buy yourself a mansion. Put a logo of bitcoin in your mansion as way of saying thank you to bitcoin for making your rich. That will be a good idea in promoting bitcoin also so that people will adopt and you can help the community.

jakelyson

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Quote from: Bitcoinbro on May 09, 2016, 06:26:53 AM

It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.

for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

It will be a long time before he can reach the amount enough to purchase a house unless he is earning maybe a bitcoin per week. Then most probably, he can buy a house. I don't think you want to wait longer before you buy a house. The longer you wait, the more expensive it gets and harder to save for a house.

rektDude

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Making an investment with a house can be the best thing that you can do now and that is because there are also a lot of people that is going to hold their coins to make more profit later.
But to make an investment in a house you need some a lot of coins and that can takes a long time.

Oralmat

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Quote from: michietn94 on May 09, 2016, 05:54:08 AM

Quote from: Ybalevia on May 09, 2016, 05:49:20 AM

Investing in a house is the best thing that you can do and that is because there are still a lot of people that is getting more Bitcoin so they can also make a bigger investment and that is perfect.
But you need a lot of coins before you are going to make that big investment.

Yes, it's very expensive but it's very worth for your upcoming income

WHY ?

Because when you've bought the house , you can start your own business by renting house to somebody else.

So if you have more bitcoin to spend, you should buy more house to gain more profit

Indeed this could be a option and with houses it hold their worth mostly the worth of houses will not go down.
So its good to invest in a house if you ask me.

I’ll be investing in buying a plot of land by the farmside then building a house on it; buy some solar panels and drill a borehole to extract water from the ground for drinking water and growing crops. The economy is at a crisis, I believe I should plan for an escape route in advance; besides, its nice and peaceful to live in the country.

Hatuferu

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It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.

for now not much people who sell house accept bitcoin as a payment so i think to reach this dream you can save a little by your earning from bitcoin to buy a house.

You have misunderstood the topic, you can always encash your bitcoins if you have that much. The problem now is not really how to convert your bitcoin to FIAT but on how do we increase the value of bitcoin in order for us to buy a house.

vero

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