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Topic: Should I sell house to buy bitcoin if it drops below $ 5000? - page 15. (Read 1163 times)

full member
Activity: 453
Merit: 104
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
If you can be patient to be homeless while waiting for the rising of bitcoin price then do as you please. If you do this without carefull planning and regardpess of the situation that is currently happening then actually you are not investing in bitcoin but only gambling, and that is not a good thing. Digital asset investment is very risky, you should consult with financial advisor and investment before investing in anything include bitcoin.
full member
Activity: 658
Merit: 106
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 suggest NO,! 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, but if you can afford to lose your house if the market or value was down, well, the decision is depends on you.
newbie
Activity: 224
Merit: 0
Recently, many people want to sell a house to buy Bitcoin. This is really a very wrong idea. I think this is too risky. If you lose all the places you may even have lost, it will affect your life. I do not recommend it. In doing so, this is simply too crazy. I think your family and friends will not suggest that you do this!
i total agree with you,why have many people want to sell house,they want invest btc,it is very risk,nobody can perdict market and know what happen in the future
member
Activity: 378
Merit: 10
Its your choice. If you choose YES, it is wise because it is worth it. Be sure of something, bitcoin cannot be eradicated because of the volume of its acceptability and usability. So, it may go through turbulent times but it will prevail over time. The price will still hit $20000 in 2018....You dont need to think how it will happen. If you then choose No.... You are still right because Bitcoin's volatility is high, it fluctuates over time and it may not reach your speculations as at when budgeted for. So, where you will live and survive in is very crucial especially when you are married and have children. Think wisely and choose what is right and good for you.
newbie
Activity: 116
Merit: 0
Recently, many people want to sell a house to buy Bitcoin. This is really a very wrong idea. I think this is too risky. If you lose all the places you may even have lost, it will affect your life. I do not recommend it. In doing so, this is simply too crazy. I think your family and friends will not suggest that you do this!
full member
Activity: 210
Merit: 128
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

Too risky to do. I will not bet on my house to enter the chaotic market. You do not know what's going to happen especially if you're new, start with a small capital and if you make it grow there is a decision on what to do in your home.
jr. member
Activity: 308
Merit: 4
It's total risk and for big profit must be a big deal. But set in your mind that you earnings 500 time maybe it reverse to minus 500 times. If you have courage to all of this than do it.
member
Activity: 728
Merit: 10
If I myself would never sell a house to buy bitcoin because it is too risky better bitcoin investment in small but more profitable. The most valuable assets for myself are one of the first ones home for me and the next bitcoin.
full member
Activity: 1218
Merit: 112
I don't think that It would be a good idea to sell your house to buy bitcoin, if it drops $5000. I seriously doubt that it would drop that low. But, even if it drops, you shouldn't sell your house to buy bitcoin. As  trading bitcoin is very risky, you should manage some money from other means and invest.
jr. member
Activity: 945
Merit: 1
i think dont sell house because the marke still not stable rightnow,i suggest you take loan from bank
sr. member
Activity: 1918
Merit: 370
Don't sell property when it comes to investment, because investments are a gamble, especially on crypto currency, no one will know if bitcoin can survive and make your investment profit like you anticipated, so to prevent further losses you should not sell properties like houses or land, you should onlt invest the money that you own.
member
Activity: 336
Merit: 10
Thats not a wise move, if your plan not work you will lost a lot
Invest your money only 10% of your saving money
If you sell your house and bitcoin stop
Where you gonna live ?
So my advise just dont do that
newbie
Activity: 65
Merit: 0
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

There was a similar thread like this who indeed sold his house for investing in bitcoins. My suggestion is not to do this mistake, invest only 30-405 of your savings at maximum.
full member
Activity: 331
Merit: 100
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
it's up to you. how much will your house cost, I will buy. I would just advise, do not do silly acts if you do not have the capital. do not torture yourself to fulfil your ambitions. be patient there are many more ways than to sell the house. think carefully before taking a decision.
newbie
Activity: 13
Merit: 0
It's not a wise decision. You can do or invest bitcoin with small capital. You can use from your salary of reg job
full member
Activity: 1190
Merit: 100
Should I sell house to buy bitcoin

No.


/thread
no no why i sell my house due to decreasing bitcoin price.bitcoin price is not related to my house selling. bitcoin price will arise again.it is not stable state.
hero member
Activity: 1834
Merit: 759
I'm not betting against Bitcoin bouncing back if it does dip below $5000, but I wouldn't be so irresponsible as to risk my home either. If you're willing to lose everything for the prospect of doubling everything, then you're essentially gambling, and irresponsibly at that. Do you like gambling?

If you can afford to lose your house, you can do it, great profit comes after great risk; if you cannot afford to lose your house, don't, never invest more than what your are willing to lose.

He wouldn't be selling it for Bitcoin if he could afford to lose it lol.
full member
Activity: 560
Merit: 100


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.
legendary
Activity: 2268
Merit: 18748
newbie
Activity: 20
Merit: 0
If you can afford to lose your house, you can do it, great profit comes after great risk; if you cannot afford to lose your house, don't, never invest more than what your are willing to lose.
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