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Topic: Sell your house for investment in btc. - page 64. (Read 9168 times)

full member
Activity: 706
Merit: 111
January 01, 2018, 03:37:04 PM
1 dude did that with Ltc, I know he is happen right now  Grin Grin Grin
jr. member
Activity: 38
Merit: 11
January 01, 2018, 01:03:49 PM
This advice goes for everyone: Dont invest recklessly. Just because some people got lucky with their timing doesn' mean it was a good financial decision. Be responsible with your networth.
hero member
Activity: 1806
Merit: 672
January 01, 2018, 12:57:38 PM
this is really insane, it may sound a good idea but Bitcoin is volatile what if things went wrong? and the value fluctuates for a long time, do you really think you can handle those situation with this risky idea? you may earn a lot by this risky investment but a safer choice of investment would be better, considering how volatile cryptocurrencies are.
Hind Sight will always be 20/20 looking at how the past performance of Bitcoin's price action many people are now regretting not doing a bold move like this. But would you really risk your house and lot for something that has no assurance that it will grow. Now supposed you have done this kind of trade but you have bought Bitcoin at 20,000$, the money you have earned from selling your house will of course be loss in paper so you would feel trap in your own portfolio. Also why will you do this kind of move where do you think you will live or spend a night on? A house is needed as a person needs a home to live with.
full member
Activity: 495
Merit: 100
You have to get what you want your own way.
January 01, 2018, 12:49:40 PM
this is really insane, it may sound a good idea but Bitcoin is volatile what if things went wrong? and the value fluctuates for a long time, do you really think you can handle those situation with this risky idea? you may earn a lot by this risky investment but a safer choice of investment would be better, considering how volatile cryptocurrencies are.
newbie
Activity: 9
Merit: 0
January 01, 2018, 12:38:01 PM
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.

It is not just risky. It is a foolish decision. I will say only that you invest in your money. If you can afford to sell your home you can invest. I'm totally against it.
full member
Activity: 462
Merit: 118
January 01, 2018, 12:18:56 PM
That is plain stupid...dont do it.
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
January 01, 2018, 12:16:37 PM
There are lot of ways on how to buy bitcoin without selling your house. You can find jobs so that you can have two jobs at the same time. You don't need to sell your house and live in the street,it is a risky idea indeed. You'll never know what will happen next if you sell your house,bitcoin might be lost its value the moment you sold your house.
full member
Activity: 228
Merit: 100
January 01, 2018, 12:02:16 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.

Pretty interesting idea... I'll definitely do it if I had two houses.  
full member
Activity: 336
Merit: 100
January 01, 2018, 11:59:55 AM
Selling a house to invest I think it's a very risky idea and you should not do that though investing in bitcoin is very tempting, because if you sell your house then you and your family will live where.
if you want to invest I recommend from your own savings, if you do not have enough savings then you can pawn some of your valuables because one day the goods you can have again by redeeming it.
newbie
Activity: 126
Merit: 0
January 01, 2018, 11:57:43 AM
Don't do that. Because it is very risky. What happen if bitcoin price down? You will lose and you will regret. Be carefull😁
jr. member
Activity: 224
Merit: 4
January 01, 2018, 11:53:14 AM
Dont risk such a gamble.You never know when bitcoin goes down like it went up
full member
Activity: 267
Merit: 100
January 01, 2018, 11:47:07 AM
I think this is very risky in my opinion, why do not you make money without having to sacrifice your home and memories with your family in your home, it is true Bitcoin very profitable but I think it is quite brave invest in Bitcoin.I suggest never make Bitcoin to gamble because Bitcoin risk is hugebut it's all back to you, but never ignore the risks of Bitcoin.
newbie
Activity: 57
Merit: 0
January 01, 2018, 11:23:20 AM
Those who sold their homes for bitcoin when it was $ 19k they will live on the street long ahah
newbie
Activity: 119
Merit: 0
January 01, 2018, 11:22:06 AM
it is terrible.
newbie
Activity: 40
Merit: 0
January 01, 2018, 11:08:54 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 personally don't think its a good idea to sell your house.
its true that if you were sell it a few month ago you will earn a lot but is is still a kind of gamble.
You should invest an amount you don't afraid to lose.
member
Activity: 336
Merit: 14
https://exiptoken.io/
January 01, 2018, 11:05:44 AM
hi Smiley as I think about your opinion, is to invest an amount you have without selling your properties and earn from BTC and one day you will be able to get a house or whatever you want. it's a long-term investment plan so don't focus on short-term happiness try for it until you get there... good luck!! Smiley
sr. member
Activity: 1111
Merit: 255
January 01, 2018, 11:01:41 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 would be nice. However, take note that bitcoin is still an investment and any investment is risky. Even though bitcoin investment is promising, it's price is also volatile. It can increase and decrease a lot in a small span of time. Just invest the amount of money that you can afford to lose.
full member
Activity: 234
Merit: 100
January 01, 2018, 10:59:15 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.

nice idea...!
copper member
Activity: 658
Merit: 284
January 01, 2018, 10:59:02 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.

What will happen if the price of Bitcoin will go down? LOL. Don't make Bitcoin as a gamble of your daily life.
Yes, there no guarantee bitcoin price will always go up. Sometimes bitcoin price went down. If you are unlucky the bitcoin price might go down instead of going up. You should only invest what you can afford to lose!  
member
Activity: 245
Merit: 10
https://keepcalm.finance/
January 01, 2018, 10:55:41 AM
You're kidding or something, I will not do that because it is very risky. I'd better sell my car to buy bitcoin, because the house is our place to rest. Even though we stay at the hotel however it remains unlike at home .
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