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Topic: Sell your house for investment in btc. - page 23. (Read 9168 times)

newbie
Activity: 67
Merit: 0
February 28, 2018, 10:30:15 PM
 House and other things you own is the fruit of your hard work and I think that is not a good idea to sell just to invest on bitcoin.
member
Activity: 322
Merit: 12
February 28, 2018, 10:28:46 PM
Big NO of course for me, house is my primary needs to be kept in the first place, a possession where you can provide good shelter to your family, and investing in anything such as bitcoin and others, always have both risk and profit and it’s hard to gamble when prime neccessity of your family is at risk. I am very much into to investing but without compromising anything that belongs to family’s needs😊
newbie
Activity: 98
Merit: 0
February 28, 2018, 10:27:49 PM
Maybe many people think this is crazy, but there are people who love adventure and are willing to play to the end rather than choose to live comfortably. If there is not a bit spiteful life is really scary. And because they believe in BTC, I will not do it.
sr. member
Activity: 1820
Merit: 436
February 28, 2018, 10:26:33 PM
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 have seen this kind of thread, which I found as a joke, for several times. Well, I guess this could somehow be self explanatory and we, individuals, have our own mind to use and chose what is good or could be bad for us. This question or what you have said, technique is a kind of fuzzy which is so sad to think. I guess you could choose another technique rather than this, risking too much
newbie
Activity: 69
Merit: 0
February 28, 2018, 10:26:07 PM
Selling a house to invest in BTC, I think is not a good idea because not everyone who engages themselves in trading BTC ended successfully.
sr. member
Activity: 560
Merit: 260
February 28, 2018, 10:25:16 PM
Either you will have a house twice as big as before OR you will be renting an apartment in the poor part of town.   I recommend getting good locks if it's the second one.
newbie
Activity: 82
Merit: 0
February 28, 2018, 10:24:40 PM
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.
full member
Activity: 196
Merit: 100
February 28, 2018, 10:23:11 PM
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.

One of the most basic needs of a person is a house or shelter. Compared to bitcoin, having your own house is actually more valuable than owning a bitcoin since bitcoin is not a necessity but just an option for most of people. Although bitcoin has an increasing value, it is still risky because of its fluctuating value and its volatility. You do not want to lose your own house and money at the same time. Just like what most people said, invest only the money you afford to lose. I don't suggest this one but the decision is still up to you.
newbie
Activity: 81
Merit: 0
February 28, 2018, 10:22:24 PM
I think its not a good idea you will sell your house for bitcoin. You should know that there are some way to earn bitcoin. In addition to that, do not ever take the risk that even your house would you sell..
newbie
Activity: 27
Merit: 0
February 28, 2018, 10:13:26 PM
A big big no for me. Having a house of your own is an achievement already. There were so many out there who were homeless who were wishing and dreaming that one day they will be given a chance to have their own house.
newbie
Activity: 25
Merit: 0
February 28, 2018, 10:08:43 PM
If I'm in your situation I'm likely not to sell my house to grow bitcoin. I have not been so empirical just to earn bitcoin there are many ways to earn bitcoin especially in today's time.
full member
Activity: 322
Merit: 100
February 28, 2018, 10:06:06 PM
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 another way of taking risk but i think if the value of bitcoin goes down just try it because we all know that bitcoin will increase more if it decrease and i am surely confedent of that but invest as much as your money can dont give all your money incase if you believed in crypto.
newbie
Activity: 85
Merit: 0
February 28, 2018, 09:59:00 PM
Just a simple rule of thumb. Don't invest more than you can afford which is usually 5-10% of your money.
full member
Activity: 271
Merit: 100
February 28, 2018, 09:37:56 PM
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.
Ofcourse not, i will not try this technique, i could not imagine that i will live in the street for two months. People who would try this is insane. But if i have two houses then why not. Those people who will do this is ready to loose everything.
copper member
Activity: 1400
Merit: 103
February 28, 2018, 09:34:20 PM
Sell our house for $259,900 house for some BTC and 2 Months in street. and after just 2 months sell all btc you have for $498198.

The question is are you sure after 2 month your btc is worth for $49198 ? How if BTC price goes down ? You Will sell your BTC in loss ?

this is crazy, selling a house to buy bitcoin is strongly discouraged
member
Activity: 266
Merit: 10
February 28, 2018, 09:25:55 PM
Friend I think your idea is too crazy, though there is a lot of possibilities will earn a lot of money, but if BTC fall all the time, don't know how is your life, should be will be very miserable.

member
Activity: 154
Merit: 11
February 28, 2018, 08:54:19 PM
don't get me wrong but why couldn't you just sell other things instead? house is a basic necessity and to gamble it for bitcoin? it didn't ever cross my mind. when people invest on bitcoin, money is not the only thing invested, time too and many more. but to put your house on the scenario, too risky. no.
newbie
Activity: 135
Merit: 0
February 28, 2018, 08:31:00 PM
the stupidest idea I've ever listened to, just as you risked your life.
home sweet home, the phrase does not suit you, you bet on life. and that's a very stupid act. you should cancel your intention to sell the house just to invest in Bitcoin. There are many other ways to invest or buy Bitcoin. Instead of selling your house, why not pawn your gold or sell them and other things that have dead investment, aside from your house. Then use the money in buying Bitcoin. Or, why not join the bounty campaigns to earn Bitcoin, too


newbie
Activity: 92
Merit: 0
February 28, 2018, 01:21:41 PM
That is a big no for me because your house is very important necessity and your not just risking yourself your also risking the welfare of your family. There are many other ways to invest or buy Bitcoin. Instead of selling your house, why not pawn your gold or sell them and other things that have dead investment, aside from your house. Then use the money in buying Bitcoin. Or, why not join the bounty campaigns to earn Bitcoin, too
full member
Activity: 280
Merit: 101
February 27, 2018, 09:31:03 PM
For me i don't sell my house for investment in bitcoin because is very danger and very risky and you can lose your house forever
I dont agree that selling our house to invest here in bitcoin is a great things to do, because our house is very important for us and for me there are many ways to invest on bitcoin aside on selling our house, and even investing on bitcoin is a great idea it is still not advisable to sell our house to invest with bitccoin.

That seems to be a very irresponsible idea since you'll be going for broke with the outcome pretty much out of your control. It's never worth it to risk essential assets like your house in any investment

this idea is crazy and not many people would follow this idea.
dont always think the profit only but please also think when you lose. so you not suicide because of this.
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