Topic: Should I sell house to buy bitcoin if it drops below $ 5000? - page 14. (Read 1163 times)
From my experience I will not suggest you ever that you should sell your house to buy Bitcoin if it drops below 5000$.because Bitcoin is an investment and the price of Bitcoin increases and decreases frequently. if you sell your house and by chance the price of Bitcoin decreases dangerously then you have to suffer a lot.so don't sell your house at any cost.
Wasn't that the question that someone has already asked?
Frankly, it's your decision what will you do with your own property, especialy if you can afford to lose it. Just remember that the first rule of investment is to invest the funds that you have extra, so that you don't need and can afford to lose.
If you don't need your house then sell it and buy Bitcoins. But there is no guarantee you that at the end you will have money or place to live.
Frankly, it's your decision what will you do with your own property, especialy if you can afford to lose it. Just remember that the first rule of investment is to invest the funds that you have extra, so that you don't need and can afford to lose.
If you don't need your house then sell it and buy Bitcoins. But there is no guarantee you that at the end you will have money or place to live.
Don't do that much better to learn it first before you decide to sell your house and invest it in bitcoin, start in small amount and that amount its like an tuation fee that you can learn if you do a mistake trough investing
I suggest you do ! BTC will come to at least 20000$ the end of 2018 !
What you can sell and what you cannot for bitcoins is subjective. It all boils down to what you can actually afford to completely lose, like completely vanish and you wouldnt mind it. If yo think if you lose your house by any chance and you wouldnt mind it the go ahead, sell your house, sell your car, sell everything.
BUT, if by any chance, you cant stand losing any of you hard earned assets just like that in a stroke, then its probably not a very good idea to sell you house just because btc dropped in price. Who guarentees you that it will for sure rise? No one right!
You can always trade, make money out of it, save up some cash and them buy bitcoins when its down, but selling your house is really not advisable at all.
BUT, if by any chance, you cant stand losing any of you hard earned assets just like that in a stroke, then its probably not a very good idea to sell you house just because btc dropped in price. Who guarentees you that it will for sure rise? No one right!
You can always trade, make money out of it, save up some cash and them buy bitcoins when its down, but selling your house is really not advisable at all.
Whichever amount BTC hits shouldn't prompt anyone to sell their homes to buy,the price might be tempting but the uncertainty of the crypto market makes it even more difficult to predict what may happen, invest wisely stay safe and avoid regrets.
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
I wouldn't gamble my own house just for the sake of investment since I'm not a person of taking too much risk. But if you have decided this to do well you are in the right price of investing in bitcoin. After reaching the ATH's then a correction happened. Are you ready to have another house? Be optimistic, don't think that you will become homeless. A person that will take such risk without proper knowledge is totally don't know what he's doing. You think I will have another house or I will become homeless
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
do it if you dare, do not just fantasize and prove.You think I will have another house or I will become homeless
better be patient do not rush into making decisions. too risky if you sell the house for at stake there are still many other ways to find capital. I'm just suggesting, you decide.
yes ! if u wana accept homeless for a time and wait for it up to earn new house, i belive in bitcoin and crypto is the future. but u don't loan , u can sell anything and still happy if u lose
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
I don't think it's a good investment choice. If bitcoin broke below $5,000, I would choose to buy some bitcoins, but I wouldn't choose to sell my house. We can't predict the price change of bitcoin, which is risky. If your investments fail, you will be homeless. You think I will have another house or I will become homeless
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 don't think it is right to sell your home for making your 100% participation in the crypto market and I think selling your home and investing that amount in the trading market will not give you success in the trading because that money is called SCARED MONEY and scared money will never make you success and will not give you enough profits no matter how much big trader you are. This is the reason EVery professional trader says that never invest the money which you cannot afford to lose.
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
You won't go homeless for sure as you will have lot of investment in your name and at least you can pay rents in rented house by selling X amount of the bitcoin each month. So that is out of question and you can always have option to be inside house.
However, I dont agree on the idea of selling your house for the bitcoin investment. I know your adrenaline must be boosted a lot but that doesn't mean you should make moves which are as equal to dumpsters trading.
I would say you can sell your cars, bikes and other properties if you have any. Gold for instance could be good idea to sell but the whole house looks bad one.
If btc price under 5k is real, I'll decide to sell my house for invest all money to btc too
well here is the thing, investment is always risky. investing in bitcoin is even riskier. and taking risks is not something that is the same with everyone, some people want to take bigger risks some others don't like taking any risks at all.
for example I always like to know that I have a safety net to fall back on because I don't want to be forced to start from scratch if something went wrong. so I will never sell my house to invest in bitcoin.
but some others want to become rich a lot faster so they take bigger risks. sometimes it works fine and they become super rich and sometimes it doesn't and they will be screwed. lets say someone invested in bitcoin when it was $1000 by selling their house for $100K, they could have sold their coins for ~$2 million. but someone who sold his house to buy bitcoin at $20k is now having less than half of what he invested.
who is to say which one of these two strategies is best? at the end of it all it will be up to you to make a decision.
for example I always like to know that I have a safety net to fall back on because I don't want to be forced to start from scratch if something went wrong. so I will never sell my house to invest in bitcoin.
but some others want to become rich a lot faster so they take bigger risks. sometimes it works fine and they become super rich and sometimes it doesn't and they will be screwed. lets say someone invested in bitcoin when it was $1000 by selling their house for $100K, they could have sold their coins for ~$2 million. but someone who sold his house to buy bitcoin at $20k is now having less than half of what he invested.
who is to say which one of these two strategies is best? at the end of it all it will be up to you to make a decision.
Anything can happen in Bitcoin business.But you don't have to take a risk of losing your house.If you have another to live then you can take the risk.
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 am better not doing that. I am better using idle money to investing on bitcoin. Bitcoin is good investment but its much better not selling house just to investing on something. Bitcoin have high volatiling price and its long term investment for me
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 think this is a crazy idea, but with this madness you can become rich because of it.
but the question is whether bitcoin will drop to $ 5k
I doubt, the possibility of bitcoin will grow a few months after the current situation ends.
I do not suggest to sell your house just for investing in Bitcoin. Having a house/shelter is our necessity, why do you want to sell that? If you want to earn Bitcoin, you can join different signature campaigns here. If you want to invest without selling your necessities, just use your savings in order to invest. Investing in crypto is good, but sacrificing your necessities in life such as shelter is not.
I would not do that! I believe that you need to invest free money, which is not so terrible to lose in case of failure! Imagine what will happen to you if you sell a house, and investments do not meet your expectations
Please DO NOT do that. Bitcoin and other crypto currencies are still highly experimental and for that reason a very high risk investment. You should see Bitcoin as a new start up company with many challenges and a uncertain future, but a lot of potential.
Bitcoin investments should never be funded by debt or the selling of expensive assets. It is fine to sell the old gaming computer that are gathering dust in the garage, but never sell the roof over your head or the car that takes you to your job.
You should never go all in with Crypto currency investments, because it is just too risky.
Bitcoin investments should never be funded by debt or the selling of expensive assets. It is fine to sell the old gaming computer that are gathering dust in the garage, but never sell the roof over your head or the car that takes you to your job.
You should never go all in with Crypto currency investments, because it is just too risky.
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