Topic: Should I sell house to buy bitcoin if it drops below $ 5000? (Read 1163 times)
I don't advice that because your house is a necessity unless otherwise you have plenty of houses, then you are free to sell and invest them in bitcoin. But always think twice because you are entering very risky investment.
Always abide the rules on responsible investing. Never risk any of your basic needs just because you see an opportunity that is not actually 100% secured. I know it is very itchy to buy many bitcoins right now as there is a very high chance of getting huge returns in months to come.
Although it is his house and definitely decision would be his too, but as he asked from us about it so it is our duty to advise him the best we can give. Brother, buying a house is a hard chore and I am sure you knew it because you have one. So if you are just selling it just to buy bitcoins and then in return from bitcoins, you will be buying a house again. This is bigger risky and a loss deal. Don’t go for it.
Well, you are the one to decide it. Because when we say investment we should think that we give more risk. In my opinion that's a good idea, maybe someday you become success to invest in bitcoin and you will earn a double profit, then if that will happen you can buy another house. If you are really interested invest in bitcoin, you don't need to think twice, because bitcoin has a future.
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless
For me, you are taking a big risk that can change your whole life. If you are planning to do that make sure your decision is final and you are ready for the outcome of that. Yes it would have a big effect in the market and it is good to hold because of the huge profit that are possible to return in just a month but the risk is too big that you are needed to be ready for it so that you didn't regret whatever the price of it in the future. You think I will have another house or I will become homeless
Just do everything you see fit according to your own research and be fully responsible for everything happen as the consequences. Bitcoin could go way higher or even drops as much as you cannot imagine
Make sure to not be suicidal LOL
Make sure to not be suicidal LOL
I disagree to do that. What ever happened with btc price to drop lower than $5,000 I don't want to sell my house to invest or buy bitcoin. It is very risky and not wise decision. I'll try to collect money and save it gradually. I can start investing with small amount of my money first and later I can invest more. After investing today, no body can predict or forecast what will happen tomorrow. Investing in bitcoin involves high risk for everyone that is why we must be careful in doing that.
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless
You think I will have another house or I will become homeless
I dont think selling your house to participate 100% here is a good idea. Yes joining here is quite risky, but personally, I join here with a goal that in the future I can have my own house. But you already have a house and you want to risk it? Well, it is all up to you and if you are willing to let go of your house, then be it. Just be ready for the consequences, may it be good or bad.
If you are that willing to risk everything even your house to crypto currency, then that is your call. Though the return would definitely be huge if the value increases a few months after but then again, that is a 50/50 chance. For me, i wouldn’t risk that much especially ifnits the only house i have.
Don’t risk more than you can think is lost.
If you are that willing to risk everything even your house to crypto currency, then that is your call. Though the return would definitely be huge if the value increases a few months after but then again, that is a 50/50 chance. For me, i wouldn’t risk that much especially ifnits the only house i have.
Why sell house?
That is the thing I will not do. The house is very important and the house will always be expensive, if you sell it it is the same you sell treasures.
well, you do not have to do that, because it's too risky. the price has not reached $ 5000, why do not you try to raise money from now to prepare for it. You can also search for bitcoins from now on, and make a lot of money. rather than selling a house, you can try to buy a house with the results you get from the bitcoin you're looking for right now That is the thing I will not do. The house is very important and the house will always be expensive, if you sell it it is the same you sell treasures.
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless
you want to know what i am Thinking?i think You are CRAZY ..fuck you wanna risk your house for bitcoin?do you have family?or just a desperate idiot that can afford to lose house and die living in street.stop this foolishness and do youre life in good manners.theres no need to rush here in cryptocurrency because the best weapon you can have here is PATIENCE You think I will have another house or I will become homeless
Why sell house?
That is the thing I will not do. The house is very important and the house will always be expensive, if you sell it it is the same you sell treasures.
That is the thing I will not do. The house is very important and the house will always be expensive, if you sell it it is the same you sell treasures.
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless
if you are ready to risk that much maybe it will payoff, pay off that you can double your house or become homeless haahhahaha .You think I will have another house or I will become homeless
but first be sure when you will need to buy at least 5k lower for your income to double after these year. make sure you will live a year hahahah
I am also planning to go all out on cryptocurrency but I haven't have enough money to do so . so I am much more on trading and holding . goodluck for your journey
This sounds crazy. But maybe crazy people can make big money.
I don't know if you're doing it right, but I have a family. I don't have the courage to be all-in.
So,good luck.
I don't know if you're doing it right, but I have a family. I don't have the courage to be all-in.
So,good luck.
Don't use your vital need to invest in something based on luck.You have to use the spare money you got or you will regret it later if you lose your investment.Just play on the safe side,but if you want to take risk,it's up to you,if you feel you are loved by the goddess of luck\,feel free to try it.
Choice is your freedom, but I want to remind you. Brother, don't be impulsive. Selling a house to invest in Bitcoin is a matter of gambling. Do you think you can lose a house? I don't think it can. Rethink
Owning a home is also very risky when the economy is as over-bubbled as it is. If you can sell and rent for a year, then go for it... but bitcoin might not be your best crypto for that investment at this point.
You don't have to sell your house to buy bitcoin. Invest with cold cash, that means if you lose it, it will not change your life.
Just a friendly advise, only invest the things, the amount, you can afford to lose. If you can afford to lose your house, then by all means, go for it. But if not, please don't. I understand that you want a great return but putting your house on the line is just too much, little putting more value on a potential profit over comfortability and security of having a house.
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless
Its too extreme and way too much. Its up too you if you think you can generate more money by doing so. Selling your house is too stupid but if you do success here you going to be rich But still its not recommended to sell your one and only house just for investing. You think I will have another house or I will become homeless
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