Pages:
Author

Topic: Should I sell house to buy bitcoin if it drops below $ 5000? - page 3. (Read 1163 times)

hero member
Activity: 1036
Merit: 500
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.
Investing your money at time when the market starts falling little more is a very good idea and that if you do want to buy a house using bitcoins at that time, you can also do that but I will suggest you keep on holding your bitcoins until and unless the market starts recovering so that you may then be able to make something profitable out of the money which you have invested. Moreover, stay positive and do not lose hope.
full member
Activity: 504
Merit: 102
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

Do not try something foolish as that. You should always invest the money you are afford to lose or else you would lose your mind.
jr. member
Activity: 412
Merit: 3
This seems to be a risky game. In my opinion, you should be satisfied with your results and not too greedy. Bitcoin is not the best market now, you should not risk your home
hero member
Activity: 2590
Merit: 644
That is some weird idea you know selling your house. Well if you have many properties and you actually mean to sell one of them then that is up to you but if you want to sell your "only" house then wouldn't that be bad? You have no house to live anymore and still there is no assurance that what you invested will grow profit.
If i am in that same position and about thinking to sell one of my properties then i will not do it because the risk for investing in bitcoin is too high and it is not worth it to just risk your money and your investment in a property by just selling it and exchanging it to an item in the internet that doesn't have a bright and predicted future.
newbie
Activity: 72
Merit: 0
Just my 2 cents, never invest more than what your are willing to lose.
Be rasional when you come to investment.

Think twice.
newbie
Activity: 103
Merit: 0
Only if you are able to analyze the market as a professional
in another case, you will live on the street  Smiley
member
Activity: 574
Merit: 13
great, that's just daring. But it would be nice if you think about it before selling the house. At least use the first cost. It will feel successful, the new choice is on you
newbie
Activity: 13
Merit: 0
why not? more risk more opportunities
newbie
Activity: 224
Merit: 0
I would not venture home. In case of what in the box is not hunting. Yes, and loiter on other people's apartments gets, especially if there is a family. I myself lived like this for 10 years. And there - it's your choice. No one has the right to decide for you. Think.
member
Activity: 294
Merit: 17
That is some weird idea you know selling your house. Well if you have many properties and you actually mean to sell one of them then that is up to you but if you want to sell your "only" house then wouldn't that be bad? You have no house to live anymore and still there is no assurance that what you invested will grow profit.
legendary
Activity: 1330
Merit: 1003
Selling your house to invest in bitcoin is not a smart move no matter how low bitcoin prices are or how good of a deal it seems at the time. You should never invest more than you can afford to lose and here I don't think losing your house is something you can afford. So keep your house, invest the little you can and hold onto your coins.
full member
Activity: 565
Merit: 100
BountyMarketCap
That's a very bad idea, trading bitcoin has a very big risk, if you lose your house will be lost.Work according to your ability do not impose conditions.
newbie
Activity: 78
Merit: 0
One thing for sure to happen is you become homeless after you sold you house.
Sold your house in a good amount use the half to buy another house  Cool Cool
jr. member
Activity: 182
Merit: 1
wow i dont see this an investment, i see a gambling dude, you might have to re-think about this man.. unless you can endure the homeless period for a year and more, otherwise this is not a good idea for you
hero member
Activity: 1610
Merit: 507
I think if you want to try your luck, you can do it right now but I won't suggest selling your house because you need to think where do you live if you don't have a house. except you live alone and you have two house, then maybe selling your house is a good idea but still, it's too risky for you to do that thing. it is better that you can use the other money which you don't use for anything so the chance is still big and you have a small risk and if you get lost, your only loss the money and not the house.
newbie
Activity: 147
Merit: 0
First of all admire your courage, life itself is a gamble, you are also taking your own home with Bitcoin gambling, I wish you good luck.
sr. member
Activity: 938
Merit: 250
its a bad idea. where do you live when you are sell your house? are you serious will access bitcoin outdoor? i mean you dont have comfortable place to put your ass.
if you are on work, you can divide your salary, for bitcoin and for your good, for daily live. so you are not sacrifice all what you have
newbie
Activity: 118
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.



Your exactly right. If we are not yet stable financially it is best to invest a money that we can afford to lose. For me , if we want to invest or buy bitcoin instead of selling your house , you can apply a loan in a bank.
member
Activity: 364
Merit: 10
Alfa-Enzo:Introducing the First Global Smartmarket
I have joined butcoin but I did not sell the house and of course I wanted to buy my own house too. I tried hard to keep in touch and find ways on how to earn with bitcoin. It is not really necessary to sell anthing just to have bitcoin their is another way to to do so. Just like me I am joining different bounty campaigns just to earn a profit.
jr. member
Activity: 406
Merit: 2
I will advise yo to stop if you need to sell house to purchase btc or eth even if you are able to win 10 times in a row which will definitely increase the human greed in anyone. You will definitely have a big fall someday if you cannot lose those money that you invest. It is something like borrowing money from a bank or credit card just without the interest imposed. Trade with caution and don't do this type of risky investment. 
Pages:
Jump to: