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Topic: Sell your house for investment in btc. - page 46. (Read 9167 times)

full member
Activity: 510
Merit: 102
January 23, 2018, 04:35:56 PM
I do not agree with selling my house for investment in bitcoin. Whatever that investment means what I get from my savings does not sell my assets to invest risky if you lose something valuable or get the value of money sold will not be recoverable. It's hard to get it back
Yes, house is a valuable asset for the family it should not be put into situation that can compromise by gambling it for investment because if you lose it then your love one's will suffer, it is very important to use any other free money for investment so that if it fails then there is no such great impact.
legendary
Activity: 1050
Merit: 1000
January 23, 2018, 04:23:46 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.

If I have only one house, I would not try this technique. If I have two houses maybe I would try it and get risk. When bitcoin goes down, losing house will be depressing for me of course but it is worth trying.
sr. member
Activity: 726
Merit: 251
January 23, 2018, 03:44:01 PM
I do not agree with selling my house for investment in bitcoin. Whatever that investment means what I get from my savings does not sell my assets to invest risky if you lose something valuable or get the value of money sold will not be recoverable. It's hard to get it back
newbie
Activity: 27
Merit: 0
January 23, 2018, 02:34:30 PM
You said the bright side of it but in the dark side you may lose your money and you will not be able buy even your previous home. If it works I will do but there is no guarantee.
full member
Activity: 150
Merit: 100
January 23, 2018, 02:27:20 PM
No, I won't. I can make profit on my own without investing my properties. We all know investment has a risk but im not going to take that risk. There are other ways to gain money for your investment and not selling any of your properties.
full member
Activity: 462
Merit: 115
January 23, 2018, 01:55:52 PM
No, this is a dumb idea.  Never leverage your home for any investment.  I don't care how great you feel about the investment, your first goal should be to pay your home off and never leverage it.
member
Activity: 812
Merit: 10
BountyMarketCap
January 23, 2018, 01:54:25 PM
I do not think investing with such insanity is ever gonna help, only invest your savings or extra money, that you can live without.
newbie
Activity: 48
Merit: 0
January 23, 2018, 01:51:01 PM
Please don't do that. You can make good money without selling your house as investment, by the way most of us aren't financial advisers or investment gurus just do your own research and make your decisions and only invest money you could afford to lose.
member
Activity: 728
Merit: 11
January 23, 2018, 12:54:22 PM
I think it is not good decision. Because in investment always have some risk. If you sell your house and invest all the money, if any cause price will decrease a huge amount then you loss all. So firstly start investment with little amount and gradually increase your amount and invest them.
newbie
Activity: 65
Merit: 0
January 23, 2018, 12:52:29 PM
CAME ON GUYS, TAKE A LOOK AT THIS, THIS GUY HAS CREATED A NEW COIN -> "BITCOIL"

HAHAHAHA.

This kind of newbies are never going to stop surprising me! Yeahhs, this is incredible!.
Its not better choice to sell the own to invest on bitcoil. Its too much of risk. Before selling just imagine if the value of bitcoin degressed then what will u do.

Woke up this morning, hiked up my pants, and bought me some bitcoil.
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
January 23, 2018, 12:47:33 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.

No, I will not try this technique and I will never sell my house in order to do this. There is another option like doing a loan, use my house as a collateral and I will pay my loan within 2 years with interest. On this 2 year stretch, I can see the Bitcoin market value, do hold and manage my coins on where it will be going. In any case that my Bitcoin value goes high 10 folds then that is the time that I will pay my loan and hold the remaining coin for investment.

Don't even think about this way of investing Bitcoin. Why don't you think where will you live when you sell your house? Money to buy things in your daily life? 2 months is very long. Moreover, Why you believe that Bitcoin's price will increase in 2 months? maybe it will drop down and you will lose everything, You will live in poverty for sure.
Who in their right mind would sell their house to buy something very uncertain. I'm sure that you never thought that bitcoin will pumped that high and you're just saying this things because you're fantasizing what could have happened if you sold your house and bought bitcoin then sold it again when it pumped to 20k USD. Let's say that you sold your house and bought bitcoin then the btc suddenly dropped to 2000 USD, i'm sure that you will regret because you will live in poverty.

anyway, the technique you stated could only work if you have the ability to forecast what will happen in the future.


member
Activity: 205
Merit: 10
January 23, 2018, 12:42:08 PM
CAME ON GUYS, TAKE A LOOK AT THIS, THIS GUY HAS CREATED A NEW COIN -> "BITCOIL"

HAHAHAHA.

This kind of newbies are never going to stop surprising me! Yeahhs, this is incredible!.
Its not better choice to sell the own to invest on bitcoil. Its too much of risk. Before selling just imagine if the value of bitcoin degressed then what will u do.
jr. member
Activity: 35
Merit: 1
January 23, 2018, 12:40:22 PM
You can sell your house but if you incur loss, be ready to live on rent.
full member
Activity: 405
Merit: 100
January 23, 2018, 12:11:56 PM
I think its risky, but if invest in btc i should sell my house, because if i will become success and earn big profit i can buy another house. Even if the others say that its not a good idea or very risky, but i will try, sometimes we make a decision so that we want to prove that we really interested to invest and bitcoin is really safe for investment, because i believe bitcoin have a future and it gives good profit. I do not doubt it and are not afraid of anything to happen.
newbie
Activity: 74
Merit: 0
January 23, 2018, 11:16:01 AM
Its not better choice to sell the own to invest on bitcoil. Its too much of risk. Before selling just imagine if the value of bitcoin degressed then what will u do.
jr. member
Activity: 224
Merit: 4
January 23, 2018, 11:09:46 AM
Seems more of a gamble than investment.Well if you can risk loosing it,only then you may invest.
full member
Activity: 308
Merit: 100
January 23, 2018, 11:04:48 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.

Excuse me are you mad now.......? Every one knows that not only bitcoin even if it's any other crypto currencies  contains lots of risk . So investing bitcoin buy selling own house is utter nonsense. It may couse loss our own house.
full member
Activity: 229
Merit: 100
January 23, 2018, 10:45:55 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.

No, I will not try this technique and I will never sell my house in order to do this. There is another option like doing a loan, use my house as a collateral and I will pay my loan within 2 years with interest. On this 2 year stretch, I can see the Bitcoin market value, do hold and manage my coins on where it will be going. In any case that my Bitcoin value goes high 10 folds then that is the time that I will pay my loan and hold the remaining coin for investment.

Don't even think about this way of investing Bitcoin. Why don't you think where will you live when you sell your house? Money to buy things in your daily life? 2 months is very long. Moreover, Why you believe that Bitcoin's price will increase in 2 months? maybe it will drop down and you will lose everything, You will live in poverty for sure.
member
Activity: 151
Merit: 15
January 23, 2018, 10:45:02 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 a crazy thing because he does not think himself and do not think about health and safety while on the streets and I think it is unnatural acts even though he gets a big advantage but must prioritize health and safety in this life so no need to force to invest a crazy and if he has children kasian children and his wife because it may not be fed because of addiction to invest
newbie
Activity: 78
Merit: 0
January 23, 2018, 10:43:14 AM
I will most definitely not risk my other assets just to invest in Bitcoin since it is very risky and returns are not assured nor insured should anything happen to your funds.
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