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Topic: Sell your house for investment in btc. - page 56. (Read 9168 times)

newbie
Activity: 18
Merit: 0
January 08, 2018, 12:16:38 PM
You should sell your house for invest bitcoin if you have not enough money to invest bitcoin.
newbie
Activity: 70
Merit: 0
January 08, 2018, 12:13:53 PM
Selling your house investing in BTC is not the solution to make more money, to make more money you need to know in dept and have skills which can be achieve by research and studying. I don't have a house so I can't sale but to me its a funny idea. BTC value fluctuate  a lot but we can make profit only we do the correct thing in right moment.
full member
Activity: 210
Merit: 100
January 08, 2018, 12:01:36 PM
According to me this is too much of a risk and one should never try thus unless he has multiple properties.
Let's assume that we somehow live on the streets for 2 months,how can you be so sure that the price would rise?
What if it falls?
You will be stripped.
This is too much to gamble on and a very stupid idea in my opinion.
sr. member
Activity: 532
Merit: 250
January 08, 2018, 11:59:03 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.
Do not take the risk that even your house or properties will you sell for just investment. However, bitcoin is a good investment and if you some money you msut used to invest in bitcoin and afterwards your money will become double and triple. If you already earn much money try continue in investing.
member
Activity: 191
Merit: 10
January 08, 2018, 11:58:27 AM
If you sell your house for investment in Btc then it will be the worst decision.Because bitcoin price increases and decreases like rollercoaster ride.And if you sell your house to investment in btc then you may have to suffer from a great suffering.
jr. member
Activity: 353
Merit: 4
January 08, 2018, 11:53:03 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.

The profits are great but it's very risky, I would not stake my house to buy bitcoin. Better to take savings to buy bitcoin than to sell a house to buy bitcoin.
newbie
Activity: 37
Merit: 0
January 08, 2018, 11:48:18 AM
I would do this only if I had lots of properties  Wink
jr. member
Activity: 420
Merit: 2
January 08, 2018, 11:43:04 AM
ouh you can try out the KIDNEY option.
you know better then living with your kids on the street!!
and Selling kidney for Bitcoins will be like free promotion on the market!! 😂
rate will probably gain faster! 😜
newbie
Activity: 126
Merit: 0
January 08, 2018, 11:37:35 AM
worst decision you would going to make..
sr. member
Activity: 1330
Merit: 256
January 08, 2018, 11:24:41 AM
many friends of mine suggested to sell the house and immediately bought bitcoin, but the fear of risk that made me not reckless to sell the house, I can only find a solution to get bitcoin in different ways.
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
January 08, 2018, 11:17:36 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...
member
Activity: 145
Merit: 16
January 08, 2018, 11:15:24 AM
Also, you can stay on street. Plan's are not going as you plan when you need them Sad
sr. member
Activity: 742
Merit: 251
January 08, 2018, 11:14:15 AM
I think that this is a bad idea. This is a high-risk investment, which can become 0 (unlikely, but possible). It is necessary to invest as much as it is not a pity to lose. Smiley Smiley Smiley
Well it is true but risk is there is every business so if you will not take risk will not earn profit. Just go for it and will see how it goes, not all people suffer lose in bitcoin. Some of people who invested in bitcoin are now millionaires and they are having hue bangles today just because of bitcoin. Best thing about bitcoin is that it will not let your money get vanish infect it will appear as more than double of your invested amount.
full member
Activity: 217
Merit: 100
January 07, 2018, 02:37:04 PM
I think that's crazy. The future of bitcoin is uncertain. It can be banned at any time, its value can be reduced sharply. Selling a home to invest in bitcoin is a risky undertaking
member
Activity: 101
Merit: 10
January 07, 2018, 02:33:21 PM
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.

Fortunately, the first post is an intelligent post that advises against doing so
member
Activity: 280
Merit: 11
January 07, 2018, 02:32:27 PM
selling the property to invest in bitcoin is most foolish decision ever dont invest more than u can effort to lose nothing is guaranteed in this world
full member
Activity: 318
Merit: 100
January 07, 2018, 02:31:51 PM
I think this is a pretty risky decision and you need to have time to weigh this problem. Therefore, it's best to make a good estimate and predict bad situations. You are a brave man, but it is only reasonable when everything is invested appropriately
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 07, 2018, 02:22:09 PM
Selling a house to invest in BTC, I think is not a good idea because not everyone who engages themselves in trading BTC ended successfully. What if the price of BTC goes down what will happen to your investment? In business always remember not to put all your eggs in one basket.
Most of the time people think that is not going to happen to them, that is why despite the high prices of bitcoin I still think what if my bitcoin was worth only 1k? And even at that price I'm fine worth my bitcoin so for me holding is way easier than it is for someone thinking that his bitcoin needs to be worth 20k.
hero member
Activity: 966
Merit: 535
January 07, 2018, 11:06:24 AM
You need to check your maths there dude. I don't think that's such a good idea unless you almost certainly know the outcome of waiting 2 months. 2 months is a long time to wait and hope you not homeless. Then of coarse if you sold your house at the beginning of the year and bought it back you would have so many Bitcoin to spare you would be very rich.
jr. member
Activity: 182
Merit: 1
January 07, 2018, 08:39:10 AM
Well if you sell your house with bitcoin. Then where will you live or stay while you are into bitcoin?
Think about it, you need also to do cooking, laundry and others....
Well it's another expenses and loss of money if you will rent for An apartment or to live with someone's house..... Because you need to buy food also for the others.
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