Should I sell house to buy bitcoin if it drops below $ 5000? - page 11.

minnerETN

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Quote from: anhchangdeptrai13 on March 26, 2018, 12:19:51 AM

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 Grin

You should not invest 100% of your assets with bitcoin. No one knows when bitcoin will end . So do not sell the house you are in

waywethe

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Quote from: VeeraS on March 26, 2018, 12:35:05 AM

the decision is in your hands, but I doubt the bitcoin will drop $ 5000.
yes we can see what will happen later. this is an opportunity for you if bitcoin decreases $ 5000, you can buy it with a large amount if selling your house.

I believe the price of bitcoin will never be at 5k, because many people around the world exploit bitcoin and the cost to exploit is exceeds 5k

isetter

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Quote from: anhchangdeptrai13 on March 26, 2018, 12:19:51 AM

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 Grin

If you want to become a homeless and without a home, you can sell your home. But I advise you not to do it

Samj16

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I think it is really a risky move if you'll gonna do that. We all know the volatility of bitcoin we can not predict when it will rise and decrease its value. The question is,due to its unstable value in the market are you ready to face any consequences? Well if it rises thats good but what if it decreases are you ready to loose your house?

Eureka_07

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Quote from: anhchangdeptrai13 on March 26, 2018, 12:19:51 AM

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 Grin

I think it is not a better idea if you will sell your house just to invest in bitcoin. I suggest that you should use your saving instead of selling your assets because if your investment fails due to lack of knowledge about bitcoin, you will end up homeless and poor. Bitcoin can make you rich but that doesn't mean that you are going to risk all your assets. You just need to be wise with this kind of thing.

Seriousbizz

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Selling your house to invest in something as volatile as bitcoin is not a very smart plan and you will end up homeless in no time because bitcoin prices are not stable.

SKY2468

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Yes indeed bitcoin can make you rich.Provided you have many bitcoins invested or earn bitcoins at a regular basis by working or through mining.The people who had invested in bitcoins are now millionaires or maybe even billionaires.There are a few bitcoin whales who would be billionaires most probably.And I guess it's not too late there's news buzzing around that bitcoin may even reach a milestone of $60k-$100k in the near future.So let's hope for the best.

teejayrichard2

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i wont really advice that. no one can predict tomorrow, what if bitcoin price goes down beyond that price, what is it phases out after you sell your house and buy. bitcoin price is volatile, can go up this minute and go up the next minute

awawo

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Well is your individual decision to make after all life it self is a risk, but always try to invest what you can be able to let go in case any thing negative happen, selling your house just to invest in bitcoin is a kind of hard but to crack but if you really have an alternative house then what is the need of keeping this one after all you can make as much profit from bitcoin to buy or build a new one in the future.

gambitcoin53

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this is crazy and yet brave, it is way too risky to gamble on your house or property, but it all depends on you own decision, but i hope tou can consider the fact that bitcoin is volatile in nature, there are no assurance that tou can take your house back, but nonetheless, it is your decision and what matters is, you are responsible for your own decision, just a tip, invest only on your extra money and not all of your assets, because we can never really know the coming future of bitcoin.

CryptoMoar

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In my opinion. you better follow the campaign of a company that will release a coin so you can get rewards in the form of coins that can be used to buy bitcoin or altcoin without having to sell the house. because if you sell a house and you fail to invest in bitcoin then you will lose it all. so think and act more wisely.

hermawanda

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I think. you better think first before selling your house. because coin prices are very erratic and in bad condition. if you sell a house just for the sake of buying bitcoin then you should be ready with all the risks. so do not rush to sell the house.

YoungMaster

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Quote from: anhchangdeptrai13 on March 26, 2018, 12:19:51 AM

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 Grin

Don't gamble your house for bitcoin, that's a primarily thing you really need in your family life.
Find another option than selling your house because the market is really volatile, we don't really know where will it go.

Kim Ji Won

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Are you an idiot or what? Why would you risk selling your house for investing in bitcoin? You already lost some of your money and you're thinking that you could get back what you've lost if you sell your house. That's an absurd thinking. You must now by now that investing in bitcoin is for long term holding so you will not get what you expect.

CryptoSmile

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No, It is not suggested to sell your house and buy btc if it drops lower than $5,000. I recomnend to collect and save your money for future invesment. It is not risky because you only use your idle money. If you have several houses, may be you can sell some for investing in btc.

bjmpoker001

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do you really want to sell your house for bitcoin? then you won't have any place to live!
it is not suggested to do that. what if the bitcoin price take a long time to recover ?

Aleshia696

newbie

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Nope, not at all, House is first. You can lend money from your friends and family if you want to. If there is no risk there will be no gain but we should take risk in a smart way right?

onemoretime8520

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well there are 2 options you will be homeless or you would have a villa, if you can take that risk don`t think twice just sell it and invest see what happens, Hope it will be the second option.

Gabb

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Quote from: anhchangdeptrai13 on March 26, 2018, 12:19:51 AM

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 Grin

Because of the sarcastic way in which you express yourself, it is obvious that you are only joking about a topic that has been exposed several times before in the forum.

Any person with common sense, and seeing the scenario so pessimistic that prevails in the market today, would think twice before selling their assets for something as uncertain as the crypto market.

Therefore, try to take things more seriously, learn the basics of crypto market and perhaps within a couple of months you can open a more interesting and serious thread.

NavI_027

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That's a crucial decision my friend. If you really want to sell your house for btc then so be try to consider this. Assuming that you already sold your house for btc, then the question is how sure you are that your money will be spend for good? Ok, let's say you invested it in crypto world then now, are you sure that it will make profit and will not be prone from scams? If so then how long? Will it be worth for waiting?

Ask those questions into yourself because that might enlighten you. I think selling your own house will definitely a bad idea, if you don't like it anymore then try to renovate.

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