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Topic: I'm gonna sell my house - page 71. (Read 7028 times)

member
Activity: 133
Merit: 10
January 21, 2018, 12:07:02 AM
Well that was really a big, risky decision. In my opinion, investing something on bitcoin is a smart move but if you will sell your house to convert it into bitcoin. I think it is pretty risky because the value of bitcoin is so volatile. Its value changes rapidly and it is very unpredictable. You don't know if it will dump or pump but still it is a smart move to invest in bitcoin IF you have other properties other than your house.
member
Activity: 336
Merit: 10
W12 – Blockchain protocol
January 21, 2018, 12:05:15 AM
This gonna be a gamble on your side. Which in my preference I won't do that.
There's other way to have a bitcoin that you don't need to sell your own house. Start earning at bounties like signature campaign. By doing that, you can have your token and exchange this to bitcoin. This may take a few months to make it happen at least you did not sacrifice to sell your house.
Anyway it's your choice to make.
full member
Activity: 166
Merit: 100
January 21, 2018, 12:02:07 AM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

Make it short term  chances going $9k is slightly big.   The timing is good when its 9k to 13k.  I wish I could short sell.  Borrow 100btc to sell it at 12.7k.
member
Activity: 210
Merit: 10
January 20, 2018, 11:58:38 PM
Are you got crazy? Its the dumbest idea to sell the house to buy bitcoin. If bitcoin can go this much down then it is also possible that it can go much more down. It is having a high risk. So think about it again and plan smartly.
Why should I sell my house. The House is important in a family where you kept your family if you sell it. No, you sell the House because the House is most important in a family. Better than old debt than sell because the loan is being paid but as something that sold it first not available yet no matter what you do.
full member
Activity: 390
Merit: 157
January 20, 2018, 11:52:47 PM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

Really? , but it's your choice though goodluck bro , and for my opinion you should just invest through bitcoin not to sell your house or shelter though.
sr. member
Activity: 490
Merit: 250
January 20, 2018, 11:45:37 PM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that
If i were on your shoes i would rather look for a lending institution or a bank and get a loan and use my house as a collateral. Pay the loan later on from the profit i will gain from buying bitcoin. Still it is your house and it is your call, goodluck with it.
member
Activity: 144
Merit: 10
January 20, 2018, 11:44:10 PM
I suggest that you do not put all the fortune you got from selling your house to buy Bitcoin because that would be very risky. Just put a fraction of what you sold and just wait for the profit.  Bitcoin is a good investment idea, however you would not really be able to tell whether it will rise or fall due to its volatility.
newbie
Activity: 144
Merit: 0
January 20, 2018, 11:32:44 PM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

Bold speculation, you'll lose your house if bitcoin gets down.
newbie
Activity: 10
Merit: 0
January 20, 2018, 11:26:43 PM
 I hope you are ready to take what ever is the outcome of your decision. Goodluck to you!
member
Activity: 392
Merit: 10
January 20, 2018, 11:17:29 PM
This could be a good idea mate. But the problem would be where to stay for a while. If you have other house then it would not be a problem. Bitcoins price could go triple and that would make you a fortune in the future.
newbie
Activity: 6
Merit: 0
January 20, 2018, 11:16:44 PM
sounds like a perfect plan

what could go wrong
sounds like a sensation, do you get mad when selling a house to buy a bitcoin though investing in bitcoin is a profitable investment and you are getting rich from it but there are many ways you do not need to sell your home to buy it
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
January 20, 2018, 11:14:41 PM
Now that is a risk taker. Kudos for your guts dude. I hope you are aware of the risk you took. However the odds are still in favour of BTC which means it is still in favour of you. But I just hope you wouldn't go homeless? And you have a place to stay. Good luck on your ventures. Be like Warren Buffet.
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
January 20, 2018, 10:28:52 PM
I am sure we touched the bottom today. so i am going to real Estate Dealer for selling my house and buy bitcoin. I suggest you all do that

And where are you going to live now? I guess that's too much for me. I will not be sacrificing my house to buy more Bitcoins. It is enough that almost all the savings are already in Bitcoin. Well, some others are already pawning some of their real estate assets just to add more and more Bitcoins in their portfolios. That might be wise but the risk is also there. I think it is better not to give everything in Bitcoin investment.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
January 20, 2018, 10:23:13 PM
Bitcoin is going up again, are you still thinking of selling your house?
I mean, this is a really big decision for a person to sell their house to buy Bitcoin. Unless you're a multimillionaire or some big fat guy that has a lot of business running for you.
Nevertheless, selling your house for Bitcoin would be the opposite of Laszlo's Bitcoin Pizza.

And the big question is, who in the hell would buy your house?
sr. member
Activity: 462
Merit: 250
January 20, 2018, 10:22:45 PM
hahaaha. I really like your act but I wont do that. It is very risky and i wont bet all my asset on Bitcoin. However, I will try to buy BTC more and hold until it reaches new peak
full member
Activity: 756
Merit: 100
January 20, 2018, 10:18:51 PM
this is like a gamble, if you sell your house and the price of bitcoin is rising high, then congratulations, but what if the bitcoin price actually drops to the bottom and you must be forced to evacuate while waiting for bitcoin prices to rise again, it would be very embarrassing
member
Activity: 686
Merit: 10
January 20, 2018, 10:07:53 PM
You do not need to sell real estate. This is your capital, you do not need to take chances

don't take chances - if you want to pay rent for the rest of your life and live in poverty.  Only take chances if you want to be very rich and free from the bullshit of paying a bank interest forever.

Yes, you are right compared to paying every month rent it is always good to pay interest to bank. At last after clearing debits for bank and it is going to be our own house.
newbie
Activity: 56
Merit: 0
January 20, 2018, 10:02:28 PM
Bro? Wtf? For real? Dont! Just dont! Investing in crypto by selling your house is ba idea. Its risky here. Put money that you dont need. I mean extra money.
newbie
Activity: 48
Merit: 0
January 20, 2018, 09:53:01 PM
For me it's just fine, it's your decision and your money. Don't you have any property to sell?  Why your house, where are you going to live? Make sure when you start investing you have enough knowledge about it. But for me since its bitcoin its less risk than other investment so do it.
member
Activity: 269
Merit: 12
we're Radio, online!
January 20, 2018, 09:29:43 PM
Sounds like a good idea if you have a multiple property that you can sell a part of your liabilities and invest to bitcoin, but if you only have a single house I think its a bad idea to sell it, maybe apply it to a loan that maybe a much good option.
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