Sell your house for investment in btc. - page 53.

paulgunn

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Quote from: focmere on January 11, 2018, 12:32:09 PM

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.

Well, that's risky, specially if you haven't been into crypto currency for long. You will end up panic selling and lose more than hoped. Going all in is not the solution.

This thread is mind numbing, but Kudos to those that have balls of steel and go all in. If I had a strong family support system where if I lost one of my biggest possessions I could still survive would be a necessity.

focmere

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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.

Well, that's risky, specially if you haven't been into crypto currency for long. You will end up panic selling and lose more than hoped. Going all in is not the solution.

bellanas

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I know that people want to become rich very fast but I will never sell my house to invest. Only free money, no debts and no credits.

RawDog

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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.

One guy did this with Ethereum and now he has $10 million.

Cryptoproff

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I'm not going to sell a house for investing in bitcoin, I think this is a very risky act.

But you can take a small loan to invest in bitcoin, a good chance to make big money.

South Park

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I am terrible at Fantasy Football!!!

Quote from: abanansah on January 09, 2018, 06:22:15 PM

It is not prudent to sell your house to buy bitcoins. What if bitcoins price comes to naught as a result of an unforeseen circumstance beyond miners and blockchain technology. It means you lose your sleep.

People want to become rich in a fast and easy way and if that is the case then that means that you need to be willing to accept huge risks for that to happen, unfortunately most people never win those bets and lose everything they have worked for their entire lives.

grabpopcorn536

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Quote from: lili song on December 05, 2017, 03:17:48 AM

I think is not the good idea to sell your house for invest the bitcoin, because you can try another way to invest bitcoin.
You can invest bitcoin from your salary or do job in bitcoin to get capital for invest.

Personally, I think we have a lot of ways to invest in Bitcoin, for example, you can ask your friends to lend you money to invest in Bitcoin. You can also sell a house if there are two units and one of them is not used and there is a need to sell

Aileen C.

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Yeah you got some point too. Me too I'm thinking about it and I think I coupdn't sell my house investing Bitcoin. I will do another way to invest into it but not into my house as its also my investment for myself. Probably theres another way to avoid selling a house though but it also depends on you.

Quote from: BlasterS on January 10, 2018, 09:06:34 AM

I'm thinking if I will sell my house to invest in bitcoin, hmm. What do you think? OK for me I won't sell my house for investing in it, but I think others can sell their house for investing in bitcoin, because they believe that they will gain bigger profit and the investment will be doubled after a few days. The memories build inside my home is the thing that I treasure the most which cannot be replaced by any material things in this world.

BlasterS

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I'm thinking if I will sell my house to invest in bitcoin, hmm. What do you think? OK for me I won't sell my house for investing in it, but I think others can sell their house for investing in bitcoin, because they believe that they will gain bigger profit and the investment will be doubled after a few days. The memories build inside my home is the thing that I treasure the most which cannot be replaced by any material things in this world.

desanti

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I'm not going to sell a house for investing in bitcoin, because that's where all my memories and there are still many ways to buy and invest in bitcoin, I would not do such a thing, a thought just thinks accept to sell a home and live like a homeless and only hoping a miracle, most people disagree with this, because this is too risky.

Haxor321

sr. member

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Quote from: crzy on December 05, 2017, 02:30:55 AM

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.

It is not wise to do such. Some people say that bitcoin is a bubble. We will never know when will its price go up and down. It is better if we will just invest in a smart way. But there are also other people who can really handle such risk.

Bambinoe

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I wont mind doing that as long as i have done my calculations properly and very sure about my huge profit margin.

abanansah

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www.daxico.com

It is not prudent to sell your house to buy bitcoins. What if bitcoins price comes to naught as a result of an unforeseen circumstance beyond miners and blockchain technology. It means you lose your sleep.

JoseJoseJose

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Varanida : Fair & Transparent Digital Ecosystem

Why do you need to sell that kind of things just for bitcoin ? That was a crazy idea. People was now engaged and want to gain money from bitcoon but please dont think an crazy idea just for bitcoin

aji567

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Should not because it is the most valuable asset for the family. I suggest to follow bounty hunter and the result for investment in bitcoin in order to minimize the occurrence of high risk.

The Alchemlst

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BITDEPOSITARY - Make ICO's , More Secure

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.

If what you are planning to sell is your one and only house and would resort to renting monthly for investing to bitcoin then I think it would not be efficient and a portion of your earning would just go to the monthly rent plus it would also be risky. But if you have other properties then it would be okay.

saycryptohello

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But everyone remembers where the crisis of 2008 began? The mortgage crisis in the US triggered a liquidity crisis in the world banks in September 2008.
And one of last news is "People are taking out mortgages to buy bitcoin, says securities regulator" - https://www.cnbc.com/2017/12/11/people-are-taking-out-mortgages-to-buy-bitcoin-says-joseph-borg.html

South Park

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I am terrible at Fantasy Football!!!

Quote from: X7 on January 08, 2018, 11:17:36 AM

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.

If BTC goes into a year long bear market will you sleep in the bitcoin? come on man...

True, especially when we are talking about an amount of money they cannot afford to lose, if you needed to sell your house to invest in bitcoin then that means you did not had any spare money and that means that if bitcoin enters in a long bear market then it is going to be almost impossible for this person to hold.

nick_nick

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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.

That is too much a risk for me to take. Remember there are price ups and downs in the world of cryptocurrencies. How long are you going to be on the street if BTC keeps falling. Bros, I don't think speculations should be positive always

Sleeper..

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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.

Yeah if you have an extra house nice money

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