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...
Topic: Sell your house for investment in btc. - page 40. (Read 9166 times)
This is ridiculous, selling your own house for investment is such a wrongdoing. You don't know what will happen next, living on the street is hard. You only think about the value of the profit you will earn and not yourself. This is not a good idea because of the risk here. No one will ever try to sell his house for the bitcoin, there are other things to sell to get invest in bitcoin.
Selling your house for investment in bitcoin is not a good idea, but if you have other house it depends yourself. If you sell your house to invest in bitcoin, you must accept that bitcoin is so volatile, it goes up and goes down at any moment. You must also accept the risk that every downfall may continue to decrease and never recover again. But that's a litle percentage to happen.
just never ever ever sell things you really need in life.. that would be bad bad. Keep a roof above your had and make sure you can always buy food and other lifeneeds. Dont sell your house man..
I don't recommend this. First of all investment is very risky even tho we know that the bitcoins price is raging upwards that doesn't mean it is 100% risk free, any kind of investment is risky you should know first the different risk your going to face in the future. Let's say you sell your house to invest in bitcoin and after you bought bitcoins the price drops up to 30% It's a big loss right? but it's just my opinion anyway, we have different strategies in order to earn but what i'm saying you should think first about the consequences your going to deal.
But we may not know, maybe it's a great idea... or maybe not.
But we may not know, maybe it's a great idea... or maybe not.
In my opinion your strategy is too risky
i would definitely not do this. Even if the bitcoins' price increase. Why? Because you already have a house, and you're already working to earn a bitcoin. If you sell your house, and live on the streets like you suggested, how will you earn bitcoin in a comfortable way? and what if the price of bitcoin crashes and you just lost all the money you gambled? I suggest you do not do this. Very risky.
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.
no i wont do that,i love my family i dont want them to sleep even a single second outside the street,i trust bitcoin as i trust all the altcoins here in cryptocurrencies but thats not enough to just sell my house for investment..i can make profit using my funds now and if i will just continue doing this sooner richer is on my futureand 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 will never do that. Not even in my wildest dreams I will sell my house. I can find other ways to invest in bitcoin if I want to but my house will be never be an option. I have sacrificed a lot to acquire this house. There is no enough price for this. It is like a treasure to me and my whole family. I like cryptocurrency but not to the extent that I will be doing a crazy decision of selling my house for it.
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.
no i wont do that,i love my family i dont want them to sleep even a single second outside the street,i trust bitcoin as i trust all the altcoins here in cryptocurrencies but thats not enough to just sell my house for investment..i can make profit using my funds now and if i will just continue doing this sooner richer is on my future 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 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.
I might be trying this if I am young, single and no commitments. Prepare at least 6 months rental if you really want to try, it doesn’t feel good living on the street.I do not want to risk all of what I have got just to invest with bitcoin, shelter is our primary need in life. And do not always depend on bitcoin not all solutions financially is with bitcoin, work hard dud
If you don't risk your money then there would be any financial security to talk about. Probably if you are earning a good living then that is possible, but if you don't then probably bitcoins are still a good investment.I would definitely dont do this! This is an insane risk that you would take by doing that. Imagine Bitcoin being only half or less after two months.
This is a dangerous decision. Unless you have a house that you have, there's another house left unused. Then you can try.I agree with the point that with in a month or two or few months more we will get double of the amount what we are have invested in bitcoin. There is always a chance to lose money, and still need strong nerves.
Though the bitcoin has risen a lot, the encryption market is not mature yet, with severe fluctuations, which often put your money in the test. In this immature market, I have to provide my family with housing. If I lived alone, I would definitely sell all my property for bitcoin
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.
Selling all your asset to invest on cryptocurrency is a big risk since the market is volatile, i think that before doing such things, you should prepare another plan so you would not go to debt or get broke after it fails.
So trade or investment is quiet risky. So it is always a foolish act to sell existing property and invest the same money in bitcoin. Sounds funny but it's a reality when someone is so desperate he'll definitely take risk even his own life is at stake. And with that said, even a house can at for sale then even in bargain price.
If bitcoin price will go low more? Then!!
Its foolish idea, not believe only for profit, it can be loss. There are no Guarantee to it will be rise.
So, don't thinks about the matter.
Its foolish idea, not believe only for profit, it can be loss. There are no Guarantee to it will be rise.
So, don't thinks about the matter.
of course I dare do that but unfortunately I do not have a house or other assets for sale and then put in Bitcoin so I prefer another way more easily
Your idea is too crazy I do not agree with you if to get bitcoin you will be risking everything including home
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.
as everybody says selling house to invest in bitcoin is very risky ,, just look at bitcoin prices now ,, so to all bitcoin friends do not be too willing to earn profits, let alone sell goods to be invested, bertrading or investment according to ability and must be patient and do not be hooked, though a slight profit but it will be a lot in the future
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