Sell your house for investment in btc. - page 33.

bilal_jan321

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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.

On 18 dec 2018 price of BTC was 20k USD and in less then 2 months it jump back to 8k. I dont suggest sell your home for BTC rather invest your extra saving into CC.

Kuchiyose

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Quote from: ninabobo on February 12, 2018, 10:03:55 AM

not everyone dare to do techniques like what you say. maybe for some people this is a crazy thing, yes the risk can be anytime we will face. this is a lot of consideration for many people. unless someone has abundant assets and capital.

This step should be more thought out because you are investing your money into an unstable currency. I'm very surprised if this person is able to do so.
If he's a very rich man it seems likely to happen.

Xester

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Quote from: ninabobo on February 12, 2018, 10:03:55 AM

not everyone dare to do techniques like what you say. maybe for some people this is a crazy thing, yes the risk can be anytime we will face. this is a lot of consideration for many people. unless someone has abundant assets and capital.

It is ondeed a crazy thing selling your house to invest in bitcoin. Maybe sellig some furnitures in your house, appliances and other things is acceptable. But I will not try to sell my house for bitcoin. Especially that house is one of my priced possession. Though their are some stories which they sold their houses and now rich.

ErlindaBit

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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 this is too extreme. Only long-term investments can benefit like that. My question is, "where do we take shelter during the investment process?". I think there is another way, other than selling a house for investment purposes.

voron83-05

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In fact, it's a little wild, to stay without a home. But everyone chooses his own way. I think this is a crazy idea but it's worth it !! Roll Eyes

maikelujang

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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

RawDog

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Quote from: cramcram21 on February 12, 2018, 08:08:00 AM

Just look at the bitcoin price history what would happen if you sold your house and buy it when it was in $19,000.

What would you do after that?

What would happen if you sold your house when it was $1? What would you do after that?

You would have 250,000 Bitcoin now. That is about $2.5 Billion.

Even if you bought at $19,000 - you'd be fine. You don't have to sell your bitcoin today. Just wait until Christmas and sell it at $75,000. Now you are so fucking rich it HURTS!

ninabobo

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not everyone dare to do techniques like what you say. maybe for some people this is a crazy thing, yes the risk can be anytime we will face. this is a lot of consideration for many people. unless someone has abundant assets and capital.

Ghayoor

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Quote from: akishang on February 12, 2018, 08:37:04 AM

I will not recommend that. I know having a house cost a lot of tax but too go all in on bitcoin is completely unnecessary. You can just start with small amount of money. Don't bet if its something you can't live without. In my opinion, a house is something that we really need. Selling it just to invest is not a good idea. Try to find other ways to earn money then use that to invest on bitcoin. Being impatient or making bad decisions can make you broke.

i agree with you because its not a good idea to sell your house or any other your personal thing for bitcoin because if you don't have money to invest so there are also other options to earn from bitcoin and that's what everyone they are doing this bitcoin is such a currency which is going to help you in different shape so i don't think so we need to sell anything .

marcuslong

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Quote from: sashulya7979 on February 10, 2018, 10:11:19 AM

I sold my car, I would have a house and it would sell, the prospect is obvious, if you look at the graph for the last similar period, we will see that the spam is there, and then everything started to grow!

What ever your plans did it's not a good idea to sell your house for investment .Home is the most important where you live in happiness and where you grew up.Instead of house why not your coins that you receive in your signature campaign, airdrops and others.Bitcoin is the future currency where there huge profits you earned.I think few weeks it will pumps again.People nowadays they keep holding those bitcoin because they really trust bitcoin.

Ngewex Yuk

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Quote from: layoutph on February 12, 2018, 08:50:42 AM

This is the worst crazyness you can do with your asset. Imagine you sell your house to live in a car. Lets change the scenario. What if BTC failed to rise and dropped to 1k.
This is same with gambling your hard earned money.

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 true, although bitcoin investment is very promising, but it can not make us sell anything to buy bitcoin because everything can happen, we will be stressed or crazy if we buy a price above $ 10k and now the price goes down like this.

layoutph

sr. member

Activity: 1372

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This is the worst crazyness you can do with your asset. Imagine you sell your house to live in a car. Lets change the scenario. What if BTC failed to rise and dropped to 1k.
This is same with gambling your hard earned money.

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.

dakilangisajaja

member

Activity: 177

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It depends on you when you sell your home because I can bitcoin even if it is not expensive at home so be happy if you sell your home.

Lanacoco

newbie

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I see investment as you are risky. Do not take the property related to relatives bring a bet. Knowing that Bitcoin can bring a lot of profits. Get some money for investing in Bitcoin and Altcoins. When you are profitable, you will continue to invest. It is safe and does not affect anyone.

akishang

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I will not recommend that. I know having a house cost a lot of tax but too go all in on bitcoin is completely unnecessary. You can just start with small amount of money. Don't bet if its something you can't live without. In my opinion, a house is something that we really need. Selling it just to invest is not a good idea. Try to find other ways to earn money then use that to invest on bitcoin. Being impatient or making bad decisions can make you broke.

jpurusa

newbie

Activity: 84

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It is really not suggested to sell our house for investing in bitcoin. The wise investment decision is using our idle fund. Our salary or income from working at office can be saved. This amount is recomnended to invest including in bitcoin.salary received monthly must be used to finance our monthly expenditure and the rest if any should be saved for future need including investment purpose.n

Generalbablita

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This has got to be one of the craziest ideas i've heard on this forum.

nellakarisma

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the name investing in the bitcoin digital world is very important. but if we get to sell the house for investment capital in bitcoin I think it is not true gan .. except his house a lot of it new is not a problem.
if the house he's one or two is better in rent for years then new money we use investment in bitcoin .

CoffeyClement

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I'm not going to do that. The price of bitcoin is unstable. No one knows how much bitcoin will cost in two months. Maybe bitcoin will fail and you will lose everything.

Dewao

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Quote from: HERMESH KAUR on February 12, 2018, 08:05:33 AM

It would be bad idea to sell house to invest in bitcoin. You will lose your house and become homeless if bitcoin price goes down. In order to invest in bitcoin use your savings and salary.

I agree, you can sell some of your properties but don't try to sell your house because we all know that the price of bitcoin can be down ,so not only money you can lose, even your house.

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