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Topic: Should I sell house to buy bitcoin if it drops below $ 5000? - page 12. (Read 1141 times)

hero member
Activity: 728
Merit: 500
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My grandmother always said that every little bug in her house is king. If I were you I would invest a small amount that I can also lose and I would not risk my house.
full member
Activity: 372
Merit: 100
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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 Cheesy Grin
Don't even think of such thing. Investment has risks. Even if the market value ofBitcoin has a high probability to recover sooner or later, still, there's no assurance. Also, investments should not be made from selling your personal properties knowing that there are risk involved. Moreover, it is much better to make investment from excess money or salary so it can be renewed.
newbie
Activity: 98
Merit: 0
You are crazy man. But if you can stay homeless few months and get big crazy (like you) rewards, buy new house and live a lot of coins to hold or trade - it will be legendary story!!!! Grin Wink
full member
Activity: 1442
Merit: 106
as much as it concerns investment in cryptocurrency, you are always advised to invest what you can do away with and selling a house doenst sound like that, so if i was to advise, please do not sell your house. thanks
hero member
Activity: 3080
Merit: 603
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 Cheesy Grin
Take it from a bitcoin enthusiast. That's your investment mate, I wouldn't sell my house for bitcoin as I'm earning with my current house as a business space for rent. You won't become homeless if you have bitcoin then you will temporary live together with your parents or girlfriend. Don't be pessimistic with the risk you are about to take, it's not worth it if you have that type of mindset.
newbie
Activity: 196
Merit: 0
Decision are hard to make when it come to something like this. Bitcoin is really dropping we all know, but we are still hearing it will get to $20,000 this 2018.  One thing is that no one knows tomorrow unless you can tell time travel, maybe. As the old saying goes predictions are hard, especially about the future. So think very well before thinking of selling your house. If you can get somewhere to get thousand dollar from like $1000 you can start trading since bitcoin price is down now. Think very well Mr man.
member
Activity: 266
Merit: 33
if you are willing to give up your house can you take it?
you see holding bitcoin is investing and it is not instant money
so if you are willing to sleep near McDonald's or under the bridge for months or years then go do it
think of the things that may affect you before taking a not so cool action. it is not stupid but it is crazy
hero member
Activity: 770
Merit: 500
Selling valuable properties and things that we need for our normal daily lives is not something that is advisable when it comes to investing in bitcoin because the market is very volatile and you can lose at any time
If we do not worry then everything will be better and with a positive hope everything will come as positive. I have saw a number of people in the past who have sold their house for to invest in bitcoin and at that time the price of bitcoin was much lower and after a wait for a longer time they got a huge profit and so now they have their own houses and along with that they also have a very good businesses with that money and they are living like the rich people of the time.
full member
Activity: 308
Merit: 120
Personally, i think that if it drops below 5000, you should buy a lot, but not to the point that you sell your house just to get Bitcoin. In worst case scenario you will be homeless . And that is bad. Just try to buy as much as you can without sacrficing importantthings in your life.
full member
Activity: 1890
Merit: 101
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 Cheesy Grin
I think you have to decide what's best and consider everything, if you want to sell a house to buy Bitcoin means you're gambling,
and I do not think it's a problem either because if the Bitcoin price falls to $5000 maybe I'll do the same  Cheesy Grin
newbie
Activity: 26
Merit: 0
I think it's way too risky to sell your home for bitcoin. The market is so unpredictable and you never know what could happen. There might be new regulation incoming in the future that could influence the price. Only do it if you can afford to lose everything. I think bitcoin will rise again but still, better safe than sorry.
legendary
Activity: 2282
Merit: 1023
You should have approached this strategy a couple of years ago and made a huge investment and made a fortune rather than investing now, the fact is that the people who sold their property to invest into bitcoin in the past made a huge risk and that paid off and that does not mean that it is going to work again, if you are going to take that much risk make sure you take the necessary precautions before investing into anything.
sr. member
Activity: 518
Merit: 250
That would be some risks that’ll haunt you forever, and haven’t you heard of the saying that goes something like not to spend something more than you can afford to lose? That’s something you really need to think about if you want to be homeless and all.
member
Activity: 392
Merit: 10
You're gambling! But the chances of winning are great!

Now the price of BTC is 8000 dollars yesterday, if it falls below $5000, I think it is very difficult!

If someone buys a lot of BTC at $5,000, he can make a lot of money!
newbie
Activity: 70
Merit: 0
Investing in bitcoin is quite risky as the price keeps on fluctuating and it's a long term investment. So, you have to wait for its result and be patient as success doesn't come out so easily. So, the choice is yours whether you'll take the risk.
full member
Activity: 420
Merit: 106
Well, I don't think selling your house and investing all the money you got from it in bitcoin would bd a good idea at all. There is always a chance of market crash, etc. so you should never be taking such a hige risk. If you want to invest, you should invest an amount which you can afford to lose. Investing the money you'll get from selling your house might be a huge gamble, so just don't so it.
member
Activity: 336
Merit: 10
In this market without patience its impossible to sustain or to make profit. Its too risk and profitable market. You know the price of Bitcoin has more ups and down rate. No one say that when the price is increase or decrease. So take patience and make plan and work according to your plan. Suppose you sell your house and aging fall down or loss than what happen to you.

So I always prefer backup option. To become successful its need to take risk but you have also the ability to stand again. Failure is the pillar of success but if you banish how you try again to become successful. Gather more knowledge and make plan and take patience and follow the successful people what is the main reason for their success. I hope it will be effective for you. Happy Bitcoin marketing! 
newbie
Activity: 90
Merit: 0
Selling valuable properties and things that we need for our normal daily lives is not something that is advisable when it comes to investing in bitcoin because the market is very volatile and you can lose at any time
member
Activity: 378
Merit: 10
Trade in crypto-currencies, especially bitcoin, doesn't lend itself to logic. Most likely it is a gamble.
Therefore, one should not risk those things that are a pity to lose. You can stay without a house and without money.
Imagine that hackers will steal your password and you will be left without a home. Even if bitcoin starts to grow.
There are many risks, it is better to approach carefully and responsibly to investing in crypto-currencies.
legendary
Activity: 2660
Merit: 3012
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The golden rule is to never invest what you can't afford to loose.
You can sell your house and after some months you will be able to by 10  new houses but never forget that you can find your self homeless and with now money to start again.
Start with a small amount of money, thus if you loose it you will not ruin your entire life.
Be careful and don't be too greedy.
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