Topic: Sell your house for investment in btc. - page 47. (Read 9167 times)
Sell your house for investment in btc? If I gan, will not sell the house for bitcoin instead I grabbed bitcoin to buy a house and make my family's future investment ......
If it is only part of your property, then go for it. But if it your ONLY property, don't do it. It is a big risk especially the value of bitcoin is not stable. But if you are willing to take the risk, why not.
I will not do this tactic, it is just too risky. I may end up homeless if something will went wrong.
i would never to this, only invest what you can lose. we never know what is going to happen. if i knew what was going to happen with bitcoin i would definitely do this but so does everyone else i guess...
so before we invest whether it's bitcoin or other investments do your reseacrh. so even if the loss in our investment can certainly estimate our losses.
No I think this idea is bad.Don't invest money which you can't tolerate
Rubbish question, I guess. I know the valuation of BTC is continuously inflating and this could greed anyone to invest into it but it doesn't mean that u can sell your house to invest into it, then where would that investor live Grin. What I mean is that one need not to invest his entire saving into the BTC because nothing is 100% trust worthy in this world, though BTC is the economic future of planet but one should not invest his entire money into it but my advice to all is invest into BTC according to your convenience but definitely invest into BTC.
There is not too smashed will the technician selling his house and then selling bitcoin and buying a house plus still remains a lot, it's the same if all your money is invested in bitcoin a bit scary doing it
If you have two houses, you can sell one and try this technique. If you have only one house, then this is not advised.
It's just a stupidity to sell your house for investing in bitcoin . we can buy a new house with bitcoin investment but we cannot sell our house in which we spend our whole life .
we have to use some money for the investment but we cannot sell our house for the same.
we have to use some money for the investment but we cannot sell our house for the same.
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.
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.
Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.
That is a very risky thing to do. You can just earn money and invest it in bitcoin and you don't have to sell your property for it. There are plenty ways to invest in bitcoin. This is the thoughts of people who doesn't have enough patience.
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 really wonder why you would do it? Having a house is one of your basic needs. I won't even do it, I can even earn bitcoin by just simply joining campaigns. I would rather sell those things I don't really need for investments but not my own house. We all know that bitcoin is not stable and it would be risky if you turn your house for a bitcoin.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.
Wow! That's sum good maths there. However, I do not think I will want to sell my house to invest in BTC because btc is not so stable to take such risk. Such risk can go either ways, good like your maths says, and bad just like the times we are in now. I'm sure someone somewhere may have done this and they are not smiling at the moment.
There is a saying that all exesive is unhealthy and I think selling your house for the sake of bitcoin is already unhealthy for your investment appetite. I am not saying that we should not trust bitcoin but we know that its value is fluctuating and the possibility that what you’ve sold for will gain profit is not assured. In my opinion investing whether it is in bitcoin or other investments should not sacrifice the other assets that you already acquired especially those that does not depreciate (like lot)
I dont own any real properties but if i have it, I will not do such thing. It is too risky to do that.
I do not think it's wise to sell a house for investing in bitcoin because for me home is where my family gather and feel comfortable, so I will never sell my house for investment in Bitcoin.
Nope I wouldn't do it even if I believe that the bitcoin could make a huge profit for me.
I would want to secure my family first and I don't want to be so greedy that I would make a choice that could ruined our life.
I would want to secure my family first and I don't want to be so greedy that I would make a choice that could ruined our life.
I think no matter how you invest, you shouldn't put all your possessions in, the house is your place to live, you should diversify your investment, leaving behind for yourself.
This is not a good idea. Bitcoins have potential, but we should not sell the house for investment. This will have a huge impact on our lives and may even lead to our financial crisis.
Selling a house is a to much risky idea why sacrificing any properties just to invest in Bitcoin even if Bitcoin is profitable this kind of idea is not a good idea,earn more Altcoin by joining any kind of bounty and convert it to Bitcoin is a wise decision.
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