Topic: Sell your house for investment in btc. - page 29. (Read 9166 times)
That is not a very good idea. You shouldn't invest more than you are ready to lose. Imagine the heartache you would go through if the price of btc drop. Please be very careful while investing.
that's a very crazy idea, how can you be so sure
and calculate the profit you will get from your investment, you should know that bitcoin can not be predicted, bitcoin prices are very unstable
you have to be careful, otherwise you will lose your home, and you will become a homeless person
and calculate the profit you will get from your investment, you should know that bitcoin can not be predicted, bitcoin prices are very unstable
you have to be careful, otherwise you will lose your home, and you will become a homeless person
This would not be practically good, especially for someone who only has a one house. Imagine, where would you put all your properties. Thinking only about the profit and not considering the consequences is just something irrational.
Of course the idea is ok, especially if people have been left without a roof over their heads. Bitcoin is good, but it's best to buy it on additional money, just like any other asset. 
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.
I think it's unwise to sell a house to buy bitcoin because it's very risky to lose home, bitcoin prices are hard to predict and I do not think I'll do that
The idea to sell my house for investment in btc is risky in my opinion, but it's reckless. This example demonstrates the possibilities for deploying crypto currency as a means of buying residential and commercial real estate.
I don't think the OP was in any way suggesting that this is something he has done or would do. He was just asking if anyone else would do this. Why he wants to know is unclear. Obviously being able to have a roof over your head is important; quite why you'd want to live on the streets whilst waiting for bitcoin's price to go up is beyond any normal human understanding.
Never want more, because less is more... and greed only makes you want more, so this scheme is a trap.
Of course, if you sell your old boat, its kind of an welcomed change, after all... with bitcoin you can buy a Tesla in the end.
This is really a bad idea. If you have no experience in crypto then I think you should not be greedy. I have witnessed a lot of home sellers and their car dealers to invest in bitcoin but no one can be profitable.Of course, if you sell your old boat, its kind of an welcomed change, after all... with bitcoin you can buy a Tesla in the end.
They have no knowledge of the crypto market and listen to the words of strangers. If you want to venture out, first of all I recommend you have experience before deciding to sell your home.
Never want more, because less is more... and greed only makes you want more, so this scheme is a trap.
Of course, if you sell your old boat, its kind of an welcomed change, after all... with bitcoin you can buy a Tesla in the end.
Of course, if you sell your old boat, its kind of an welcomed change, after all... with bitcoin you can buy a Tesla in the end.
This is a bad idea because you dont know when you will gain profit in bitcoin and worse comes to worst you will lose all your investments due to the nature of bitcoin value which is always fluctuating. Dont invest your property because bitcoin is not stable, just invest an amount you are willing to risk so that you will not regret your decisions.
Your reason to sell your house just for investment in bitcoin is really absurd.Investing is a good thing but to recklessly sell all your properties and money just trying to earned some big amount of money in return is much more risky and you'll mostlikely end up with nothing.Aside from that,if you'll invest all of your money don't expect that your money will grown in an instant.Of course it will take more time before you get big sum of money that's why patience is important
The idea is certainly interesting, but it is very risky. Now the situation on the market is not stable. Having sold a house, you can not only go bankrupt, but lose everything that you have.
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.
If you have more than one properties and wish to dispose one of those to invest in Bitcoin may be an idea worth considering. But when you say that 2 months in the street then it makes me questions the very value of life and living. Wealth we garner to live and lead a happy life. We do not live to simply garner wealth. This is purely my opinion and certainly I cannot generalize that all uphold this ideal.
If one is really so adamant in investing in Bitcoin then one must keep recollecting the golden rule that you should invest only that which you can afford to lose. In spite of this golden rule, if one wishes to invest even though one does not have any capital then one must seriously try for loans from people, friends and banks. If this does not work then the best path is to work, earn and invest the earnings in BTC. Putting one's life at risk for the sake of few thousand dollars is a bad idea.
In life investments happen because you will in later part of life find self-sufficiency and financial independence. Throwing life into total dependence of BTC will make life miserable. It is important to take a wise call in life as to what is important and what is not. What is essential and what is not. What's worth it and what's not. What is a risk and what is a mistake. That success through hard work alone will last. That much is my stand.
It is a wrong decision to sell my house and invest in bitcoin. Also it is not wise.An ideal plan and decision to invest especially in btc is using our idle money. This idle fund can be invested in any kind of business to obtain capital gain including in btc.I really disagree to sell my house only for investing in btc and many other people will agree to this idea.
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. And here you are wanting to sell your house in exchange for bitcoin. Bitcoin is very volatile. You cannot predict what may happen in just a few minutes. What are you thinking? Do you have a family? Think of them first before you do something drastic.
Its the worst idea to sell your house for investing in bitcoin. Bitcoin is volatile and is very risky. In case if something goes wrong then you will be on road. So invest only what you are having.
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 the scenario is attainable then i would do just the same, i would not mind sleeping on the streets for a couple of months if i know that i would double everything after it. But this are just speculations, it is too much risky. 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.
Never do it as every one knows Bitcoin or crypto currencies are 100% risky investment. no doubt at the moment Bitcoin holders are now millionaire and billionaire but always invest the money which loss you can afford later on. so never put all your eggs in one basket.
It's as others said too much of a risk.you don't want to put all your eggs in the same basket.trade wisely and and foolishly.
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.
Bitcoin is really profitable, but I think it's too risky.
What happens if the price of bitcoin falls?
Invest in bitcoin (please don't affect your life)!
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 are going to sell your house because you want to invest in a huge amount of money in bitcoin, make sure you and your family still have a house to live on. Investing in bitcoin does not always gives you a huge amount of profit. Sometimes you can lose a lot. So investing a huge amount of money is very risky especially when you are going to sell your house. 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.
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