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Topic: Sell your house for investment in btc. - page 96. (Read 9168 times)

member
Activity: 714
Merit: 16
December 05, 2017, 02:56:01 PM
To sell my house for investment in BTC, highest impossibility to do and it will only happen if I have other "houses" before parting with just that one. Yes an investor must be a risk taker but not to this extent
sr. member
Activity: 545
Merit: 251
ASK
December 05, 2017, 02:26:56 PM
There was a topic on Reddit years ago, someone actually did this already.

Needless to say he is probably a happy man.
full member
Activity: 476
Merit: 100
December 05, 2017, 02:26:13 PM
That will be risking to another level. The idea of living in the street is scary for me. I will use another strategy may be sell the hose and use small part of the money and invest while the remaining part will be used to get a temporary accommodation.
legendary
Activity: 1344
Merit: 1251
December 05, 2017, 02:24:50 PM
Definitely no.

I mean... once you are the street, how do secure your access to your wallet? What do you do with your computer? You keep it in the street? I bet this won't last a week!
Furthermore, what o you do with your clothes? How do you shower?

I understand what you mean here but even though selling "big" stuff (house, car, and so on) can be seen as an opportunity of profit... Well you cannot actually live without it. And if you can (let's say you have two houses), then... what are you waiting for before investing loads in btc?

Plus, consider that bitcoin is also well-known for its volatility. What do you do if you do not make profits but losses? Two other months in the street?
And I don't even mention possible taxes and controls made by your government!  Grin
full member
Activity: 1330
Merit: 147
December 05, 2017, 02:20:07 PM
I thinks is no, it's very risk for sell my home and invest in bitcoin. Although it's sounds very tempting for me, but I am more looking for a safe way. But my technique is if I have little capital to buy bitcoin, I will hold for a long time, and than i will send if the price go up, maybe it will probably be a safe way.
jr. member
Activity: 86
Merit: 1
December 05, 2017, 01:48:41 PM
Personally i would not do this,neither i will advice to anyone because by doing this i am not only risking my life but also of my family and family will always stands superior than any profit.
trk
full member
Activity: 228
Merit: 100
December 05, 2017, 12:47:09 PM
What the hell are you suggesting, you just suggested people to live on the street for 2 months? Will you do it first? LOL
How about investing it in alts with poasiblity of going like 100x or 1000k, dont you think it will be more profitable? You should do it then
newbie
Activity: 41
Merit: 0
December 05, 2017, 11:53:15 AM
Selling a house to invest and we live in the street it sounds really very extreme, indeed the benefits are very tempting, but I think if you sell a house to invest it is a very risky idea too big.
Better to find a capital loan than to sell a house.
sr. member
Activity: 618
Merit: 250
December 05, 2017, 11:43:35 AM
It is always good to invest in Bitcoin and to take risks, but seriously Selling your house is not a really good idea, that isa big Risk, what if Bitcoin will go down, you probably will lose all your money and house if that occurs... personally i would not do that.
No way our house has sentimental value to me and to my family, so i will never sell our house for investment in bitcoin. Maybe i wil collect bitcoin from my earning in campaign and hold it until the value of bitcoin is much higher. Also is not right to sell our house for something even it gives me a higher profit, because is not easy to have own house and is wasting money if you always pay a house rent.
hero member
Activity: 1344
Merit: 502
December 05, 2017, 11:35:51 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.
Not by a long shot I would do this, I would not even think about doing so,
are you crazy? you mean to tell us that you would live on the street for a couple of days
for bitcoin?. I would not last a day on the street. Grin
member
Activity: 245
Merit: 10
December 05, 2017, 11:31:19 AM
This is a crazy idea. I will not for the great profit of it that sell my house. This is risky. I will do it slowly to earn every bitcoin.
hero member
Activity: 952
Merit: 500
December 05, 2017, 11:23:24 AM
It does look crazy but now if you take investment step maybe life can change you. can buy back home even better and buy things you dreamed of
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
December 05, 2017, 11:19:37 AM
I won’t be trying this tactic although I will love doing so. I have a family to take care and I can’t possibly bring them to homeless together.
member
Activity: 459
Merit: 10
🔥 Ultimate Launchpad on TON 🔥
December 05, 2017, 11:05:38 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 it had been, then everyone would have been the patriarch, but in all cases, it could not match. How can you be so shiny? This can be reduced by more means. Because banning in different countries.
jr. member
Activity: 40
Merit: 11
December 05, 2017, 10:51:11 AM
this is incredible speculation. I think this is a high risk if the price drops down and then drops, you'll stay where ...
full member
Activity: 420
Merit: 101
Earn crypto for being contacted
December 05, 2017, 10:45:44 AM
I think this is the wrong way, because i will not do such a stupid thing.
In my opinion there is still another way to earn money without having to sell a house for investment on bitcoin.
Investing in bitcoin does offer a lot of benefits, but you have to think about the fate of your family, if you are selling a house for bitcoin investments. Think carefully, Never take a risk if you do not want to lose more.
full member
Activity: 198
Merit: 100
December 05, 2017, 10:42:50 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.

Sure, do it. You can´t predict the price of btc over several months, imagine btc decreases in price, not only your house is gone but also your money. Do invest as much you can affort to lose.
hero member
Activity: 882
Merit: 500
December 05, 2017, 10:37:29 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 Doubt that you are right at your place but if you will work in this way than may be you can achieve this thing as well as you will face big loss also , depending upon the demand of the bitcoin and market of the bitcoin .
Here if you are planning to do this thing or want to advise to anyone then , first of all you need to see the history of the bitcoin price that how Many times it get up and how many times suddenly get dumped .
And also you can see that many times the price of the bitcoin get stable for 3-4 months .
So here anyone should not take such types of the risk , instead to take such types of the big descion he should make use of his saving in the bitcoin investment Because savings will increase in the year easily and he will not need to be enter in any emergency of the use of basic need in his life and will make money in that sufficient amount where he will be able to understand the market and the ways to making profit with intelligent trading.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
December 05, 2017, 10:09:48 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.
A big fact NO, I would not try that. I do not want to risk all of what I have got just to invest with bitcoin, shelter is our primary need in life. And do not always depend on bitcoin not all solutions financially is with bitcoin, work hard dude.
newbie
Activity: 28
Merit: 0
December 05, 2017, 10:04:10 AM
I had the same idea Cheesy But bitcoin is an investment, and like all investment can be risky, what about if the price go down?
Nobody can know that, so selling house for invest in bitcoin is too risky
Invest only your "free" money
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