Sell your house for investment in btc. - page 75.

nesty

full member

Activity: 518

Merit: 184

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 technique is very very risky. If you do not have enough money to invest then do not invest what if you sell your house and buy bitcoin at a very high price and then after the price goes down that is loosing and so very risky.Can you afford to see your family living on the streets? Think so many times first before you do such a decision that could bring your house investments to losses.

blue_dragon

full member

Activity: 251

Merit: 100

Powered by Artificial Intelligence & Human Experts

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.

No, that is not a good idea. For me, bitcoin is too risky and the thing is its price is always changing, what if when you sell your bitcoin in the time that bitcoin's price is very low and you will wait for a weeks or a months.

beezunus

full member

Activity: 420

Merit: 100

Quote from: yhan2x on December 21, 2017, 11:58:53 PM

its to crazy if you sell your own house, ill invest a lot of my salary to build my own shelter. and now house finish, 50% chance on my monthly salary i been investing to build a better future someday.

Yes, the house is where our family is and we have tried hard to get it, I do not think it will do that, the house is an important place for my family and I do not want to take risks.

randal9

hero member

Activity: 546

Merit: 500

Quote from: Aryanto28 on December 22, 2017, 06:50:48 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.

I think that's the only thing I hear if he has only one house. But if you have more than one house, of course, not too surprising. If we look at the benefits it can certainly attract anyone interested in following it but go back to the bitcoin feasibility to risk home in something unstable, I think it's too risky to do. unless you have more than one house as I say.

I'm pleased to see the people who have the sense of reason here) it's really too risky to even think about it...although if you don't have a family and you are not responsible for anybody, then this is still an acceptable option)

jassanpary

full member

Activity: 420

Merit: 102

Arianee:Smart-link Connecting Owners,Assets,Brands

Quote from: darrly on December 22, 2017, 06:29:16 AM

Okay, do that if you have somewhere else to stay. I would not prefer to live on streets just for this. Investing in bitcoin is good as long as you can manage it and do other things productively. You should not sell your house just for bitcoin investment.

Selling house for bitcoin can't it looks like absurd, even in my wildest dream I couldn't imagine or think to sell my house for investing in bitcoin. House is the basic need for human beings, look for alternative method for investment use savings, salary may sounds nice but I think the idea of selling house is not ok.

Aryanto28

full member

Activity: 214

Merit: 101

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.

I think that's the only thing I hear if he has only one house. But if you have more than one house, of course, not too surprising. If we look at the benefits it can certainly attract anyone interested in following it but go back to the bitcoin feasibility to risk home in something unstable, I think it's too risky to do. unless you have more than one house as I say.

newgal2017

member

Activity: 337

Merit: 15

It's not requisite to risk your possessions to have large investments in Bitcoin. You can just start with a small investment and then wait for it to grow. Allow yourself to be free from losing properties and your investments come to nothing by refraining yourself from being impulsive. The behavior of Bitcoins market is unpredictable; one moment its reaching the top, then kissing the bottom one day. It's not a bad thing to let yourself make large investments but not to the extent of risking what you have would not only affect your life but also the life of others, like your family.

darrly

member

Activity: 165

Merit: 14

Okay, do that if you have somewhere else to stay. I would not prefer to live on streets just for this. Investing in bitcoin is good as long as you can manage it and do other things productively. You should not sell your house just for bitcoin investment.

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Quote from: HabBear on December 05, 2017, 02:38:51 AM

Quote from: TonyMark on December 05, 2017, 02:26:51 AM

would you try this technique.

Nah, too much risk. What if the price went the other direction? You'd be out in the street? Is that worth taking a flyer on Bitcoin? Not for me.

A safer play is betting a healthy portion of your wealth, but making sure you've got an out, enough stash left over to make another play if the first one falls apart on you.

I agree. I mean, this question is pretty much a dumb-founded idea to begin with, property, more so your house, is an investment for security that one should have in their lifetime. I would sell your house for the proceeds to be invested in cryptocurrency where you can't really be sure of the success of it. It would be too much of a risk because you are risking yourself or your family to not have a place of refuge, which puts their security in danger. And since you have the capacity to own or mortgage a house, why not just save some money and look at it as a long term investment that you can use for cryptocurrency without the need to endanger your shelter and security.

eugene30

sr. member

Activity: 338

Merit: 250

What have you done. meh meh

I won't do it even if i don't have money to invest. I will just find another way of having money to invest in btc and not to risk my house. What if something bad happen then you won't have a place to stay. Just find another way instead of doing that.

syahdurindu

member

Activity: 231

Merit: 10

I do not want to sell a house for investment in Bitcoin, better not to sell anything we already have, many people who want a house even they work at home, so I think a loss if we sell home for investment in bitcoin.

kevinZD

member

Activity: 122

Merit: 12

If I have my own house, I will not do that,selling my house for bitcoin? i can't do that, there's a lot of memories in the house and I will not exchange that for the bitcoin only, yes bitcoin is more profitable but I don't take risk for bitcoin, I will invest bitcoin from my extra money.

Dapper

sr. member

Activity: 560

Merit: 260

So from this past week on the various threads, the lessons learned have been: better to NOT sell your house, better to NOT max out your credit cards, better to NOT quit your job,.... but maybe, it would have been a better idea to buy that Ferrari after all.

Cheesy

Sate Jamu

sr. member

Activity: 431

Merit: 250

To success in investing we must dare to make decisions that are sometimes spelled out crazy, and I think the idea to sell a house for bitcoin investment is something we deserve to try, I'm sure it does not take 6 months then we will can buy a better and luxury house, good luck.

redhondaxrm125

full member

Activity: 266

Merit: 100

Quote from: yokai21 on December 21, 2017, 10:22:51 PM

I can sell my house to invest in btc because it is assured that your income is large here if you sell the house you can build more beautiful and reverse than your home when you invest a lot of money because of the height the value of bitcoin and it still continues to increase so far so you can not lose it.

Do you even see how stupid you sound saying these things? Damn, you want to sell the house you live in and sleep on the sidewalk while having nothing just for the reason hope tgat bitcoins may give you fortune? Lol. What if after you have invested, the things happening to bitcoin today will happen to the time you invested? Are you willing to wait until it goes back up again and wait more till you see profit? Lol. And when you get your profit, by then, your profits will be divided in half or more just for the fees. And maybe an emergency comes since you sleep on the sidewalk, you get sick and get hospitalized, what'll you do then? Is having risks like this worth the small profit? I don't think so. Would've worked if you did it earlier this year. But now? Even saying it makes you sound like a retard.

Harrisonimo

full member

Activity: 490

Merit: 101

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 a wild and overly high risk to take. This would have been very appropriate if and when done around the month of August. And then getting a gain of 600%. But the right time to cashout is also very important. A loss of house and loss of cash won't be funny at all. If I am very sure of the forecast, then it would have been a nice decision to take or have taken. As we can see, as of today, the bitcoin price has started dipping due to the festive season and people like you buying back what they can see in the physical.

Don Pedro Dinero

legendary

Activity: 1358

Merit: 1565

The first decentralized crypto betting platform

This post was opened when we had a very bullish market but let’s see if after days like these recent ones there are many people thinking of selling their houses to buy an asset so volatile. You shouldn’t sell your house just because you see an asset constantly rising. If you have just one house it is too risky, and if you have more than one, you should know how to diversify your investment.

alt-fire

full member

Activity: 602

Merit: 104

if you have 2 or 3 houses ))) then you can sell one and buy BTC
it is impossible that bitcoin becomes the meaning of life.
money must fulfill my dreams, and not be my dream !!

AutisticKid

newbie

Activity: 6

Merit: 0

i think you should not gamble your house and your memories for BTC as its value can go down if people start dumping it,
look how it came down 7000 dollars in a matter of 4 days, so you should not risk such kind of thing!

Gen iUs

member

Activity: 74

Merit: 10

Patience is virtue

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.

It's too much risk. It's hard to work just to build a house then you will sell it for BTC. I don't want, what if the bitcoin will decrease after two months?

But If I am rich, and I have many houses and lot, maybe I will do that technique,..

Topic: Sell your house for investment in btc. - page 75. (Read 9168 times)