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Topic: Sell your house for investment in btc. - page 39. (Read 9166 times)

member
Activity: 235
Merit: 11
February 09, 2018, 12:32:03 AM
If I had more than two house, then yes maybe I try it. But it's a big big gamble. A house is a reliable asset. It would be better to invest on Bitcoin or other crypto coin with the money from a different source. We all can agree that bitcoin is not that stable. Now the value of bitcoin is pretty low. I believe the price will go high again, so it is a good time to invest.
member
Activity: 64
Merit: 10
February 09, 2018, 12:07:39 AM
If one would consider the profundities that govern the so-called "needs" from the "wants" of human survival and existence, I think a person who would even entertain the thought of selling his or her house and use the money to acquire BTC is absurd. This would also depend on the number of properties that person has, if he or she has more than 1 house (despite selling one of the 2 he or she would still have shelter), then it would be a slightly rational move. But i think only the most desperate would do this very risky move, considering the fact that everybody want to earn money so that they can gratify their needs and one of which is shelter. If a person has 1 house, it is not so "smart" to sell it in exchange for BTC, if a person has more than 1 house, then why not have these, be rented-out. The thing is, you still have properties and shelter and other means to make money. There are many ways to earn or gain BTC aside from selling a need which is so essential that it outweighs the BTC. hehe that made me chuckle for awhile. Don't sell your house, it will affect many aspects of your life, health, which would lead to more problems even if you will own BTC. Its your house dude, I mean come on, so many ways to earn BTC.
newbie
Activity: 70
Merit: 0
February 08, 2018, 11:49:51 PM
Not a good idea, if required, pawn it for 10% or 20% of the value and put it on bitcoin. That should be the risk you should be taking.
member
Activity: 348
Merit: 10
February 08, 2018, 11:43:50 PM
Even If I have 2 houses it is not possible that I will sell the other to be use as investment in BTC. Investment in BTC is good for some reason but not to the point that I will sell some properties for it. We can invest little by little but not as huge as the equivalent amount of properties sold.

That is not a good idea, where i live if i do that. I don't gamble my daily life for investing bitcoin, i have 2 kids and i can't dare to see my kids  suffer because of my wrong dicission. Save money first before investing bitcoin.
newbie
Activity: 137
Merit: 0
February 08, 2018, 10:44:30 PM
Even If I have 2 houses it is not possible that I will sell the other to be use as investment in BTC. Investment in BTC is good for some reason but not to the point that I will sell some properties for it. We can invest little by little but not as huge as the equivalent amount of properties sold.
member
Activity: 299
Merit: 11
February 08, 2018, 10:31:18 PM
That's a very positive insight into investing but sadly it can go both ways. The value of bitcoin can go down in 2 months also. And if that happens you'll be in such a loss, financially and without a house.
full member
Activity: 476
Merit: 108
February 08, 2018, 10:13:07 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.
Maybe you have to try first before others do. You are putting not only you self in trouble but your entire family no one knows what bitcoin price be on the days what if instead if instead of uptrend opposite happens as what we are experiencing now? your 2months living on the street could be extended to years worst it would be forever.
full member
Activity: 205
Merit: 100
February 08, 2018, 09:44:47 PM
is a risky move if what you think is to buy something else immediately, it's a matter of thinking it over, since the bitcoin fluctuates too much
Definitely I wouldn't do it because house's are made to be the shelter of your family, a shelter where you can say that's yours, a house that was built because of your hardwork and sacrifice, so personally I treasured it the most so I wouldn't sell my house for investment instead I would find other way to start my investment without sacrificing my house.
selling your house are not of the way that you may have to do for of course this is some other way that you are loo so stupid too cause house our where we can able to take for and this is not as easy as we can when we are taking this just to invest better make some other way.
sr. member
Activity: 1330
Merit: 258
February 08, 2018, 09:38:57 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.

Thanks for idea Grin
I don't want try this technique because it's high risk.
If price down after 2 months.. Where you will be live then?
member
Activity: 98
Merit: 10
February 08, 2018, 09:38:46 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 dont think this is gonna work because what we cannot unconsider the facts about bitcoin and we cannot say about the profit or loss that will happen to us. Thats why it is not advisable that sell you house/property and invest it to bitcoin.
copper member
Activity: 672
Merit: 270
February 08, 2018, 09:19:53 PM
is a risky move if what you think is to buy something else immediately, it's a matter of thinking it over, since the bitcoin fluctuates too much
Definitely I wouldn't do it because house's are made to be the shelter of your family, a shelter where you can say that's yours, a house that was built because of your hardwork and sacrifice, so personally I treasured it the most so I wouldn't sell my house for investment instead I would find other way to start my investment without sacrificing my house.
full member
Activity: 336
Merit: 106
February 08, 2018, 08:50:09 PM
I think very wrong Idea to sell your house and lot just to have bitcoin. Price of bitcoin is not stable maybe loss or you won. if you really love bitcoin and want to have some a lot of way to earn bitcoin specially joining campaign that pay you coin convertible to bitcoin. 




#Datarius
member
Activity: 293
Merit: 11
Eros Di Caeli
February 08, 2018, 08:44:25 PM
is a risky move if what you think is to buy something else immediately, it's a matter of thinking it over, since the bitcoin fluctuates too much
legendary
Activity: 1596
Merit: 1026
February 08, 2018, 07:42:31 AM
And what if you cannot buy the same house back? Or that isn't a factor?
Buy a better one.  A WAY better one.  Let the poor people have the old house.  You are gonna need a very big garage to park all the Lambos in, so why do you even want that old piece of shit house? 
full member
Activity: 644
Merit: 101
Ecowatt.io
February 08, 2018, 06:55:42 AM
Hello everybody. I love this forum - there are a lot of opposing opinions and themes, sometimes extreme extremes go off scale. Then they offer to bury bitcoin, then they offer to sell an apartment and buy Bitcoin. I adhere to the average position. I would sell an apartment and buy bitcoin only if I had 3 of them. As much as I myself did not admire Bitcoin's technology, still if you look at it from market positions, it's a risky investment. Only people with steel nerves can earn currency in the creep currency market, and with a lot of experience, and if you look at the amplitude of prices over the last year for bitcoin, not everyone who sold the apartment and bought bitcoin for $ 20,000 will wait for its price of $ 50,000. Not everyone bought Bitcoin for $ 1,000 and sold it for $ 20,000. Neither tomorrow, nor in a year, nor in 5 years, - Bitcoin will not go anywhere. You will have many chances to buy bitcoin cheaply and earn on it. Why rush to live?
full member
Activity: 347
Merit: 100
February 08, 2018, 06:46:44 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 don't have a property so I can't do what your opinion say but even if I have one I can't sell it for bitcoin because house is the main need of family. You can sell other things for bitcoin but I think selling your house is not a good idea because what if someday bitcoin will gone so you don't have any chances to back your house.
newbie
Activity: 98
Merit: 0
February 08, 2018, 06:43:06 AM
Investment COINS I won't choose this way, the price of the currency is not stable, we don't know the price of the currency in the future what will happen if the investment currency failed, then you will get nothing at all, this is what a sad thing, you will get no home to return
member
Activity: 243
Merit: 11
February 08, 2018, 06:35:12 AM
I do not own any property,and I no want do such a thing. Why no because besides doing such things there are still many ways you can do to invest dibitcoin.and more benefits without sacrificing all your existing property .Yes, Because bitcoin is really profitable can be invested without having to sell property like your home other  assets.
newbie
Activity: 41
Merit: 0
February 08, 2018, 06:16:17 AM
I will never try this. Just imagine being homeless in 1 week is very hard. Anyway, it's really impossible to do this. Maybe you can sell your other real state or other gadgets, cars, valuable belongings for btc, this will give your real profit at this current rate of btc.
member
Activity: 322
Merit: 25
“OPEN GAMING PLATFORM”
February 08, 2018, 06:12:18 AM
And what if you cannot buy the same house back? Or that isn't a factor?

Not to even mention the idea of investing money you most likely cannot afford to lose...


This is very bad decession  if your house sell because of bitcoin because other people hard working for the reason of  buying a house.that decession is very resky becuase we dont know the future of bitcoin.like me i have a regular job and im joining a bounty campaign because i want to earn a money because i want to buy a house its very hard if you dont have a house so that dont sell your house because of bitcoin because we dont know the movement pricing of bitcoin.
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