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Topic: Sell your house for investment in btc. - page 58. (Read 9168 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 06, 2018, 01:29:22 PM
Not a good idea. If something bad happens to your investments you'll end up sleeping on the streets. Much better to invest your savings or any extra money you have than selling your house.
You have a good point and I agreed with you. Selling a house for investment in Bitcoin is not an ideal way or a wise move to earn money. There are a lot of what ifs, what if it fails? etc. So I think, if you're going to make an investment, just invest your time and join campaigns.
That is not a good idea either, for a lot of people that have the money using signature campaigns is not worth their time, I think that if you have a good amount of money investing 5% of all your money in bitcoin is a good idea, if it fails you are not that affected, but if it succeeds then bitcoin becomes a major part of your portfolio.
full member
Activity: 221
Merit: 100
January 06, 2018, 09:15:34 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 will never do this. Since bitcoin price ain't fixed i won't gamble my own house if ever i have. You never know if bitcoin will go down.  If bitcoin goes down then you'll end up living in the street.
full member
Activity: 244
Merit: 100
January 06, 2018, 07:48:01 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 i were in that situation i would it's too risky but if i have somewhere i can go or for example i have 2 houses i can sell the other one and use the same technique or if i have condo i can but i don't have so i won't do it.
full member
Activity: 239
Merit: 250
January 06, 2018, 07:38:39 AM
If you can ensure your safety in the streets then why not. Making that huge profit is a blast. And to think it could be going x2 or x3 it would be more awesome.

if and only if you know for sure that bitcoin price will raise..
it it goes opposite, then you won't get anything
member
Activity: 392
Merit: 10
January 06, 2018, 06:15:38 AM
If you can ensure your safety in the streets then why not. Making that huge profit is a blast. And to think it could be going x2 or x3 it would be more awesome.
sr. member
Activity: 413
Merit: 250
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January 06, 2018, 05:31:44 AM
I will not selling my house for just investing in bitcoin. There would be entering in your mind "what if?" questions. This is a huge risk to take and a huge profit to. But for some of us , definitely a huge no. Losing a house for just that , i would rather sell anything so that i could invest out of it.
member
Activity: 350
Merit: 11
D.U.G
January 06, 2018, 05:29:52 AM
It is actually very risky, you don't know what will happen in the future , and you might not be able to face the loss. So in my opinion I would NOT recommend it.
member
Activity: 395
Merit: 14
January 06, 2018, 05:03:56 AM
If you can afford to lose a house  and sell it  for bitcoin it's up you.  But think of other way to have a capital for bitcoin maybe you can lend money . We all know that it bitcoin is  very volatile,  always remember that bitcoin will not always give us profit.
newbie
Activity: 111
Merit: 0
January 06, 2018, 04:51:05 AM
Its up to you but you can invest in other crypto currencies also like ethereum ,ripple etc
jr. member
Activity: 92
Merit: 1
January 06, 2018, 04:48:25 AM
Sell ​​home for bitcoin? it's a big risk, I do not dare to take that risk even though investing with bitcoin is very profitable. However, the market is very rapidly changing.  Could be a bitcoin tomorrow to be worthless. We must be realistic to get the capital, not to sell the house. When I first wanted to invest with my capital bitcoin only internet and gadgets, I started with bounty to get capital for trading.
sr. member
Activity: 658
Merit: 250
January 06, 2018, 04:47:13 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.

Nah dude it's too dangerous and like a gambling, imagine if it's not success as you said and the price crashed so hard. I will not do that, it's to risky in my opinion. It's better to use the money that only you had, so when something bad happened, you still can control it
full member
Activity: 168
Merit: 101
January 06, 2018, 04:45:30 AM
Most people don't agree with this. It's too risky. You know, the encrypted money market has strong volatility. Remember that a few years ago, bitcoin in a few months, the market value is reduced by 90%, if it is to own a house or loan to do such investment, then such a thing must not do. There are always opportunities, but if you take a risk, you may lose more.
newbie
Activity: 51
Merit: 0
January 06, 2018, 04:43:53 AM
Do not, invest virtual money is always risky, you can lose your home in a flash, do not be too ambitious it.
copper member
Activity: 882
Merit: 110
January 06, 2018, 04:29:46 AM
There's so much risk with this kind of investment. Imagine if you had bought bitcoin when it was at it's ATH with your money from your sold realty. You might become homeless for a while. But if you are good with that, it's worth a try.
newbie
Activity: 218
Merit: 0
January 06, 2018, 04:26:35 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.

good technique to get big profit. But if the bitcoin goes down you will lose everything.
newbie
Activity: 49
Merit: 0
January 06, 2018, 04:23:06 AM
don't ever sell ur house. don't even try to make it guaranteed loans..
really bad risk ur life with money, can u imagine the worth think happen?
cryptocoin not everyone ways to rich. u need to go outside look around still many people didn't have house.
newbie
Activity: 3
Merit: 0
January 06, 2018, 04:18:13 AM
Cryptocurrency is a risky enough venture in itself. I think the overwhelming sentiment rules here - don't do it! It's been said over and over again (well worth remembering)... never invest more than you're willing to lose. You can't predict the future, but you can reduce your risk. Putting your home or mortgage up is about as far from minimizing risk as you can get.
member
Activity: 112
Merit: 10
January 06, 2018, 04:10:12 AM
I have a better suggestion, sell not your house, but your parent's house, it will be smarter move Smiley
sr. member
Activity: 489
Merit: 250
January 06, 2018, 04:07:45 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.
This is ways really like a not a bad idea to do but obviously your house is one of your needs you dont do it and it is really ways to risky to sacriface your need just for  the investment even we can see the bitcoin market value is continue to increase in the past year it is still risky to invest in bitcoin at all of your money because the market could be control by a group and also the market value of bitcoin could go down rapidly so it is ways to risky the price could go to 0 in a small amount of time.
member
Activity: 322
Merit: 12
January 06, 2018, 04:04:35 AM
Nah for me i will never do that, bitcoin investment is quite good but i will never take that risk ever, i always put first my primary needs; food,clothing and shelter. Then put some to investments such as bitcoin,etc.. we all know though today it is doing well but still everything in bitcoin is not guaranteed too, every bitcoiner is just hoping for its best😃
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