Topic: Sell your house for investment in btc. - page 84. (Read 9168 times)
Even if I'm absolutely sure that bitkoyn will continuously increase very sharply in price, then I will not risk selling my house for investing in bitkoyn. You can not risk so much that this risk refers to your own housing. I do not advise anyone to risk such things. And in the event that you sell your house, invest money in bitkoyn, get, let's say double profit, you can not already redeem your house back, people simply will not want to sell it to you. What then? Offer for him a double price and lose his profit?
It's very risky. Do you know, there is a strong unrest in the encrypted market, remember that a few years ago, Bitcoin reduced the market value by 90% in a few months, if such a house is a home or loan to invest, then such things should not be done. There are always opportunities, but if you take a risk, you can lose more.
Of course you will get too big with that risk. Ultimately I want to say it is a photographer which is quite risky. When you can trade it and try to profit, if you have knowledge, you can do it in different ways.
Of course you will get too big with that risk. Ultimately I want to say it is a photographer which is quite risky. When you can trade it and try to profit, if you have knowledge, you can do it in different ways.
I like your idea of selling a house for capital to buy bitcoin, live on the road for 2 months and after 2 months we sell half of the bitcoin we have to buy the house back. But the decision requires a strong mentality and is ready for everything in the face of the worst.
I will not take the risk of selling my house to invest Bitcoin. Just invest any project in Bitcoin or Altcoin until your money grow and then invest higher amount when you have enough money to risk for. Just saying, be practical.
It's a cool strategy, but you never know what the growth in price is gonna be. It may even drop. So, it's too risky and crazy. I don't wanna sleep under a bridge.
I would not reach that because by selling a dwelling to get your hands on bitcoin had a big risk I could lpse my quarters if I was not lucky or the price did not accede the estimates, where I would stay as a consequences I did not nonexistence to offer a deferential recognition such a risk.
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.
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.
Hi there TonyMark! That is unthinkable, a good idea but honestly, I think I cant do such thing. First, it is more risky in the street like the risk of you bitcoin on the wallets. A sudden sickness could struck you by that, what follows is when you lost you important documents that could be use to re purchase your house. What is most like could be done is to mortgage your house, by that you can get money but you can still live on it. When the worst comes in and the bitcoin price drop, that is the time you lose your home. But, when the price doubles, you could also lose you home because you may intend to buy a more luxurious or bigger one.
I will not do the risky thing as you stated. I still prefer to buy bitcoin every month in small quantities. More rational and thoughtful.
SOUNDS LIKE A GOOD IDEA! Said no one ever hahaha hell no, but you did make me think for a bit there. Assuming I was rich and owned a shit ton of property (Batman/Bill Gates rich), I would be willing to do so. I would probably sell one of my vacation homes that I rarely visit and invest it all in btc since I do believe that btc is gonna continue to rise (although realistically it will dip a few times).
LOL
This is a little bit insane!
I trust in bitcoin, but not that much.
This is a little bit insane!
I trust in bitcoin, but not that much.
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.
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. I think you've got to be a pretty reckless gambler to do this, but as I said in another thread I hope it pays off for the people who try it. You get no where in life without taking risks and especially in business but sometimes you can also fall into the greedy trap of trying to get rich quick which can quickly give you a reality check. Personally I always stick to the cliche don't invest what you can't afford to lose and for most of us I'm guessing we can't afford to lose our houses he he.
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.
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 won't do that, what will happen to me if i will be selling my house what should i do in the street? I am not comfortable sleeping, eating and working in the street.
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.
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 won't do that, what will happen to me if i will be selling my house what should i do in the street? I am not comfortable sleeping, eating and working in the street.
I do not think to sell anything for bitcoin, now bitcoin is popular all over the world because the price has skyrocketed so some people will sacrifice anything to be able to buy the bitcoin they want to get a lot of profit and but I will be scared. If the price will go down and get big losses,
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.
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 would not dare sell our house or any of our properties just to invest bitcoin. What we have came from our parents hardwork so I think I would be very selfish and it would be very unfair for them who owns it to have it at risk just to get what I want. I would rather work hard and earn money to have it for my investment.
Not a good idea, it is too high a risk,what happens if there is a bubble burst and you end up living on streets forever, the key to invest in bitcoins is slowly and gradually, invest the amount that you feel is safe, even if you make a loss it would not affect you adversely and you would recover in the future.So selling the house is a no go.
It seems to be good idea only in hearing, but its not good in reality. Because a person who is living in homes cannot live in streets and one more thing in case if the price goes down then what will you do. Because you have already sold your home.
I know you can earn much when you sell your house to invest in bitcoin but that's not a good idea. For me, don't sell your house because you will repent.There is another way of not just selling your own house, you can even sell more like home appliances or vehicles but it's up to you to decide, think twice and de firm with your decision.
not as easy as you mentioned, investing takes the experience and intelligence of a person, if you have no experience in investing, you can go crazy for losing your home. because investing has a big risk.
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.
Hahahahaha ! Its a good idea.but at the same time it is a bad idea and a more chances or risking why i said that? Because first yeah it is have good if the bitcoin is really expensive but whaf if after you sell your house and invest a bitxoin the price of bitcoin suddenly dropping low until it not at much on your investment.don't you think that your invest will be gine to waste if you do it? And at the other side the bitcoin is not permanent you know 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.
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