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Topic: If Bitcoin goes up very high should i buy a house? - page 72. (Read 133943 times)

hero member
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
But bitcoin is also a currency like all other currencies, and yes it is fluctuating like all other currencies, you can notice that all the currencies are fluctuating at some intervals, so there is no any problem to buy a house with bitcoin.
legendary
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You buy a mansion and put a bitcoin logo so people will recognized you as one of the billionaires from bitcoin. That will happen if you have a good amount coins holding in your wallet now.
legendary
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If house is your goal you can make it real, but if you have better idea how to use your money don't buy a house, it's really simple isnt' it?  Grin Grin

As quoted its better to go for a house if its your long time desire. At the same time make sure the investment you do on the house would be really profitable when years pass.
sr. member
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If house is your goal you can make it real, but if you have better idea how to use your money don't buy a house, it's really simple isnt' it?  Grin Grin
hero member
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The All-in-One Cryptocurrency Exchange
no way you cant buy an house with that amount
You can buy a house with bitcoin even now but with more than one bitcoin. Now you can buy a house maybe with 100-200 coins.
sr. member
Activity: 336
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
Yes, bitcoin price is not that much for buying a house. However real state investment is generally is a safe investment.
Than you need also a lot of Bitcoins if you want to invest in a house and of course it is not that bad to make an investment in a house because that is so much worth.
And that is nice for the future because you can even have some profit with it and that is nice.
legendary
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no way you cant buy an house with that amount

it depend how much high bitcoin will go 1 btc at 50k could already buy you a small house, better to have 10 at 10k, it would be easy to have a bigger house
sr. member
Activity: 420
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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.
If your bitcoin convertion in fiat can buy a house why not. You should buy your house so that you shouldnt rent anymore. Its better than to have a owned house than renting so that you can earn more in bitcoin.
global moderator
Activity: 2324
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While my guitar gently weeps!!!
no way you cant buy an house with that amount

Why not? if he has a big stash with him..OP said that he might withdraw 80 - 90% of his coins.. So that's probably big enough and his condition is "when the price goes up very high"...
member
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no way you cant buy an house with that amount
hero member
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
Yes, bitcoin price is not that much for buying a house. However real state investment is generally is a safe investment.
Just look at Donald Trump, owns real estate, made a bunch of money off of owning the properties and having people work to make those properties valuable. As long as there is something that can make a property valuable, it is a profitable investment, especially if you own where a city is bound to expand to in the future.
full member
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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.
Grin
In the previous big rise, in China were seling houses, against bitcoins.
legendary
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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.

Thats a good idea, if you wanna buy a house, you should know the right time when you sure, the bitcoin's price is highest than you need to convert into fiat. and then buy a New house.

New housing seems poorly built these days, i guess it depends where you are.  Also seems like they cost more, are smaller and have paper thin walls. 
it's up to holders of bitcoin, but it's even better if you buy a house with the symbol bitcoin. I think it's very cool to be seen by people. and maybe they are curious about the bitcoin therefore
hero member
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If I had enough btc to buy a house, I might not still do it. I could instead put it into something that would safely earn me modest passive income. Then if I have doubled that, that maybe the time I'll consider buying a house.
hero member
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The All-in-One Cryptocurrency Exchange
i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
Yes, bitcoin price is not that much for buying a house. However real state investment is generally is a safe investment.
legendary
Activity: 1414
Merit: 1002
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
full member
Activity: 177
Merit: 100
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.

Thats a good idea, if you wanna buy a house, you should know the right time when you sure, the bitcoin's price is highest than you need to convert into fiat. and then buy a New house.

New housing seems poorly built these days, i guess it depends where you are.  Also seems like they cost more, are smaller and have paper thin walls. 
hero member
Activity: 2506
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Eloncoin.org - Mars, here we come!
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.

Thats a good idea, if you wanna buy a house, you should know the right time when you sure, the bitcoin's price is highest than you need to convert into fiat. and then buy a New house.
full member
Activity: 177
Merit: 100
Most people save up their entire lives to be able to afford a house. So if you can afford it and you want one, why not!
Just don't forget that a house is an ongoing expense, with maintenance/bills/taxes/mortgage/insurance etc...

Yeah and also you dont have the flexibility to move so easy if you buy.  You also can suffer bad neighbours or pick the wrong area for many reasons.  Its better to remain flexible if possible.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
Yes.

Buying a house is the number one investment you should aim. You don't want to spend the rest of your life with your parents,  don't you?

Yeah.. Even if you already have a house, it is advisable to buy a house..it's a very good investment,aside from you will profit from it if you use it in business, real estate and houses  price increase each year..
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