Topic: Sell your house for investment in btc. - page 101. (Read 9168 times)
Not great idea that you sell your house and turn into a bitcoin. Your house is your permanent property but bitcoin is a risky investment. It just taking the risk in bitcoin wether you win or lose.
I think is not the good idea to sell your house for invest the bitcoin, because you can try another way to invest bitcoin.
You can invest bitcoin from your salary or do job in bitcoin to get capital for invest.
You can invest bitcoin from your salary or do job in bitcoin to get capital for invest.
Don't invest money you can't afford to lose.
If the price is down, you won't be able to buy back the house you sold for Bitcoins. And if the price is really down, you won't ever be able to buy a house and will spend more than 2 months in the street.
If the price is down, you won't be able to buy back the house you sold for Bitcoins. And if the price is really down, you won't ever be able to buy a house and will spend more than 2 months in the street.
I thought it was a crazy idea, but did not rule out it would be a brilliant idea.
but, I think it is not wise to invest all wealth into bitcoins.
but, I think it is not wise to invest all wealth into bitcoins.
Kidding aside, its possible if you have an extra house. The profit you will gain will increase as the demand for bitcoin also increases.
WoW, that is a very serious way to invest in something. You know right? that you can end up forever in the streets if there occurs another controversy like the J.P. Morgan.
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.
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.
But, how are you so sure that bitcoin will double current price in coming 2 months? Of course if you really trust your analysis or maybe expert analysis, you can try but bear in mind that "high risk high return" with sometimes no return... God bless you on your bitcoin investment.
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.
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.
Funny topic! Even though I have recently purchased a property using my day job salary and paying out the mortgages every month, I would try this technique. The legal status of bitcoin is not clear in my country and hence if I try to buy 43 btc at once, it will raise a serious alarm. I will be questioned and put behind the bars if I try to do so.
Also property is very good investment in my city. The kind of infrastructure work is going around, the value of my property will be doubled within 3-4 years max. I will try to sell my property after 3-4 years to buy a bigger property at some other location. That makes sense and that will be legal as well. But investing that huge amount in bitcoin would be very risky for me. So NO would be the answer to your question.
How would you react seeing BTC suffer from a correction and dropping in value just as it did when the price dropped $2500 from $11250 to $8750.
What will happen if you sell the amount in panic and lose your stakes about 25% . I know Bitcoin would recover the price but why would a person take such a big risk of losing his house when we know how risky it is investing in BTC. I don't think anybody would sell his house to buy BTC when he knows it could be stolen from wallet and never be recovered.
What will happen if you sell the amount in panic and lose your stakes about 25% . I know Bitcoin would recover the price but why would a person take such a big risk of losing his house when we know how risky it is investing in BTC. I don't think anybody would sell his house to buy BTC when he knows it could be stolen from wallet and never be recovered.
Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.
Just a crazy idea since I am single in the house. And was just exploring and engrossed how powerful the BTC is.Bitcoin is powerful but you don't need to sacrifice your property just to own bitcoin. If you really want to own huge amount of bitcoin then try to loan in a bank, I'm sure the interest will lower that what you can earn.
I admit that investing in bitcoin, always gives big advantage. but if I have to use a way like you to buy bitcoin, I have not dared.
Your way is different from me, I use bitcoin to buy a house, but you sell a house to buy bitcoin.
maybe someday I can do a way like you.
Your way is different from me, I use bitcoin to buy a house, but you sell a house to buy bitcoin.
maybe someday I can do a way like you.
Most people don't agree with this. It's too risky. You know, the encrypted money market has strong volatility. Remember that a few years ago, bitcoin in a few months, the market value is reduced by 90%, if it is to own a house or loan to do such investment, then such a thing must not do. There are always opportunities, but if you take a risk, you may lose more.
A thought is just thinking, do you accept to sell your house and live like a homeless person and wait for God to call your name? LOLLLLLLLLLLLLLL
I would not do such a thing, because the house is where all my memories are, there are still many ways to buy and invest bitcoin.
What will happen if the price of Bitcoin will go down? LOL. Don't make Bitcoin as a gamble of your daily life.
It is just a theory since the end of the September the price of the BTC is just increasing like hell. If I would have done that than I would have owned 3 Ferraries without doing a pretty much.
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.
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.
will certainly be very large with a risk that you will receive. it's about speculation which is quite a high risk. when you can trade it and try to make a profit. If you have the knowledge you can do it in various ways.
would you try this technique.
Nah, too much risk. What if the price went the other direction? You'd be out in the street? Is that worth taking a flyer on Bitcoin? Not for me.
A safer play is betting a healthy portion of your wealth, but making sure you've got an out, enough stash left over to make another play if the first one falls apart on you.
Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.
Just a crazy idea since I am single in the house. And was just exploring and engrossed how powerful the BTC is. 
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.
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.
What will happen if the price of Bitcoin will go down? LOL. Don't make Bitcoin as a gamble of your daily life.
Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.
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