Sell your house for investment in btc. - page 10.

prehisto

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Your Data Belongs To You

Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

I think that most of us have thought of similar strategy.
but have many of us have actually done this.. those who have, possibly are living very well right now. But Imagine if someone had the guts in the wrong moments, you could easily end up in on the street.

Specctrall

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a very stupid idea. to sell a house to buy bitcoin and if it does not grow and falls to remain without housing. smartly!!!

Gudhal Untu

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Quote from: STERLING98333 on March 23, 2018, 12:13:26 PM

If you sell your house and then if BTC price decreases dramatically then?i recommend you not to risk your necessities for BTC.BTW you can try that if you own 3-4 houses.LOL Cool

If you have 2 houses then sell one may not matter, I will sell my house to buy bitcoin but with the note I have more than one house, in investment of course need guts and courage to take risks, but that our life will not change.

Satish147

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Harmony for One and All

I never do that, and I requesting everyone to not do that. Because Bitcoin is still infancy and it needs to be developed alot and at the same time we have to see how regulators are going to respond to this movement.

Please be careful before taking any big decision.

onrise

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Quote from: xk85jq on March 22, 2018, 11:18:02 PM

very confident, imagine selling a property to invest in btc what if you fall in investment what happen to you,I dont think thats a good idea. There are many ways to can earn money collect and save it then after that you can invest in btc you invest your extra money.

One should never go all in one product, it is never the right thing to do because as it is said do not place all eggs under one basket. You never know that when your investment can go wrong and you can lose out your money and when you sell your house literally you are left with nothing.

STERLING98333

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If you sell your house and then if BTC price decreases dramatically then?i recommend you not to risk your necessities for BTC.BTW you can try that if you own 3-4 houses.LOL Cool

gravitik

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and imagine you sell a house worth $ 259,900 for 43 bitcoins and 2 months on the street. and in 2 months you sell 43 bitcoins for 130 000 dollars.bitcoin has devalued twice. you're a homeless bum now.

Verde_Mantis

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

If you maybe own several houses you could take this kind of risk, if you only have one house and a family and in the meantime bitcoin goes down, what are you goin to do in the meantime?

Noctis Connor

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

Your crazy if you think this, I will never sell my property because of bitcoin you cannot dictate on what will happen in the price of bitcoin how about if the price of bitcoin goes down? how can you give your family a good future on that? if I were you I'm just going to put too much effort in working so that I can have bitcoin as a salary.

cryptojaani

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Quote from: xk85jq on March 22, 2018, 11:18:02 PM

very confident, imagine selling a property to invest in btc what if you fall in investment what happen to you,I dont think thats a good idea. There are many ways to can earn money collect and save it then after that you can invest in btc you invest your extra money.

I don't think it is right and i don't even advice anyone to do that. This is very dangerous because we can not predict Bitcoin prices in the future. For me this is a risky investment, but if the Bitcoin price increases, then you will certainly have a huge profit and can buy 2 more houses but it upto you that either you take those huge decision or not.

SeniorRalap

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

This is risky, the price of bitcoin has been changing, and how can you guarantee that it will go up after you invest in bitcoin. These are unknown. I don't think you should take such a big risk. It's not worth it.

Jake Virus

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Quote from: ?? on ??

For me thats a big risk to make, i just wanted to take bitcoin slow because you dont know the consequences on that technique and you might lost all your profit or your house just for bitcoin, you can have another option then rather than selling your house for btc.

I agree with you that selling our house to invest in bitcoin is a big risk, so i we will not sell my house just to invest in bitcoin, i love my house and even it's small, selling it is we will be the worst decision i we will be made, and for me we can able to think another option to invest with bitcoin aside on selling our own house.

pathapoddo

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CRYPTOCITIZEN $CCASH

No, it will be stupidity. House Is my asset. And it has no risk of price. But Bitcoin has no guarantee. So why I take risk . I will not do it.

danzo11

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

If I were you I would not do that it is at risk. When your appropriate estimates that may be extremely profitable, but if not we will be destroyed. Better to use according to your ability and make sure you have the rest of the money.

sutil

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Its so easy to make good speculations during bullish times. OP created this post during BTC at 19k. But in our situation, I will not sell my house. I rather sell my Bitcoins and rebuy it to 6k.

Quote from: xk85jq on March 22, 2018, 11:18:02 PM

very confident, imagine selling a property to invest in btc what if you fall in investment what happen to you,I dont think thats a good idea. There are many ways to can earn money collect and save it then after that you can invest in btc you invest your extra money.

Davidbee

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

I think it's a risky behavior. The price of bitcoin is not stable. We cannot accurately judge the development trend of bitcoin prices, so we need to invest carefully. Selling a house to invest in bitcoin carries a lot of risk. If the investment fails, you will lose your house.

alfstep

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Here I come! Again!

Quote from: Daveeoff on March 23, 2018, 11:18:07 AM

I would never ever do this! What if BTC crashes the next day? What will you do without your house?

It wont be a problem because he has like many houses and confused which one to be slept on each day LOL
But if it is his only house then I guess he needs to sleep under the bridge. Dont forget to bring your pillow Grin

Daveeoff

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I would never ever do this! What if BTC crashes the next day? What will you do without your house?

Pinoyfan

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Quote from: TonyMark on December 05, 2017, 02:26:51 AM

Just imagine selling your $259,900 house for 43BTC and 2 Months in street.

and after just 2 months sell 43BTC for $498198.

Again buying the previous also you will be in profit of $472298.

would you try this technique.

yes i think that is a good idea buddy sell your house and buy when the value of bitcoin is too low and you will sure that investing in bitcoin is a good so after 2 or 3 months your house will bcome big or it will doubled i am sure that bitcoin will increase more if you buy when the value is so low just believe.

hieuho381

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Quote from: imamhabibi on March 23, 2018, 10:52:49 AM

I do not agree, if I have to sell a house to buy bitcoin, because there are still many alternatives other than homes for sale such as cars and jewelry, although bitcoin investment is very profitable

That's right, that's really a very wrong decision for amateur traders. Nobody dares to bet on all the assets to invest in something we do not understand about it. In my country there were so many people who did it and ended up losing everything. many people commit suicide, many are depressed. I advise you not to do that.

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