Topic: Should I sell house to buy bitcoin if it drops below $ 5000? - page 4. (Read 1141 times)
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.
It will be suicidal to invest in Bitcoin, if the value keeps on falling. And it is even more riskier, if you are short of funds and depend on loans for this investment. I would never advice this, under any circumstance. But then, it is your house and your decision.
I wouldn't risk my house on the fluctuatig value of bitcoins , even of the value goes down who knows that it would bounce back again , I meant that it's the first time that bitcoins growth was is 6 folds and now the value is down to $6k.
So if we see the current scenario you could be homeless , so don't risk your house for it .
So if we see the current scenario you could be homeless , so don't risk your house for it .
Selling house is not a good Idea because we know bitcoin is danger investment. Yed you cn get high profit possible in the future. But count to think of it if the bitcoin die your money also gone or nonsense of selling your house. Better to invest the money who are extra try to get another solution so you can invest to bitcoin without any selling your house or anything that you have.
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
Hey, if you sold your house at the time you read this thread, i think you would have a profit now.
but cryptocurrency price is hard to predict. If you look at the trend past years, the price will increased later.
No only risk what ur willing to lose.
I agree, better to think for it more. When you did that and bitcoin price falls where can you get money then. It was too risky to put that kind of amount and to do that thing. House was one if the basic need of every human being. We must value and dont let money gets your attention. Be wise enough on every secision you are going to make.
The decision is yours. If you are ready to lose home, then please you to buy bitcoin from the proceeds of the sale. It's very risky, I think you better do not sell the primary assets to invest.
That is very stupid, you should not sell all to invest in bitcoin because the risk is huge. Although the opportunity will always be open to investors, but the sale of your home to participate in bitcoin is not something that you should only invest by the amount of savings you have, because so the money unfortunately, losing too much does not affect your life.
You absolutely should not sell your house to buy bitcoin! That's crazy. I mean sure there's a very good chance you would make hundreds of thousands if not millions of dollars. But you should never sell your house to put all that money in a high risk investment.
How about just putting all your extra money in bitcoin while its low this year.
If you put it like that I think it's more likely that more people are going to consider doing that because one of the strongest desires of people is to obtain more money and other forms of material wealth, but you are correct selling a house one of the most safer investments in the world to invest in bitcoin is a very risky move especially if that is the house where you are living. How about just putting all your extra money in bitcoin while its low this year.
For me the trading of crypto currencies especially bitcoin is incompatible with logic. The likelihood is great that it is a bet. Therefore one should not take the risk of unfortunate things to lose. You can also live without home and without money. Imagine that the hacker will steal your password and you are left without home. If bitcoin begins to grow, there are many risks better approaching with caution and the responsibility to be able to invest in crypto currency. 
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
It depends on your own decsicion. If you want to take a risk and put your house in risk since investing in bitcoin are risky and volatile then go for it. You can't predict the future but if you believe that bitcoin will give you more profit and you can buy again a house after all then go for it. But always remember only invest what you can afford to loss. Goodluck!
If you ready to everything that can happen just go for it
But for me it wasn't wise move
Thats very risky
But its all yours do with your own risk
And good luck for that
But for me it wasn't wise move
Thats very risky
But its all yours do with your own risk
And good luck for that
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
If you want to go big then its the risk you will have to take but don't you have something less than a house that can be sold....say maybe a car or cars???You think I will have another house or I will become homeless
A house is a fixed asset which is better to keep and once sold there is no coming back ad the cryptocurrency market is very volatile.
that's quite extreme "bidding" there, in this cryptocurrencies there are kinda 2 people. who love to take a lot of risk and the one who play by its basic principal. basic principal like play in this world with asset that you can totally loss and not regret about it. 
what youre asking for advise on is tantamount to gambling. You have a house, keep it. If you looking to invest in bitcoins and dont have money then you could do bounties or airdrops or anything else, just dont pawn your house.
Exactly, if you already have a property to your name then is a mistake to risk it in something like bitcoin just to get great profits, the profits can be great but at the same time you need to limit your exposure to the risk that is bitcoin and investing every single cent and property that you have in your life is a huge mistake and it's one that you could regret for the rest of your life. 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
Yeah, I think this is really a crazy idea. This plan is too risky. If Bitcoin rises and bounces stronger, you get a new house, even more houses. But if Bitcoin does not return, you will become homeless. You have to win if you do not want to lose your home, but you can't control it because it depends on Bitcoin prices. However, I think you also have reason to think of this crazy plan. Bitcoin is still volatile but it still has great potential You think I will have another house or I will become homeless
It is not wise to leave your house and sell it just for trading crypto. As of now it is not stable and unpredictable. Maybe investing needs time but you should not sacrifice your anything for it. Its better to keep your house, earn some money, fill in your financial needs and invest your extra money on it. Its a gamble that you cant go back once you start so dont ever sacrifice everything you had just for bitcoin.
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?
If you really like to gamble with your house then you can carry forward with it, no one knows what the future of these some of the coins, but i am positive when it comes to bitcoin, but always think twice about taking a huge risk, it is a good market to invest for the long term but i do not sell my assets to invest rather use my savings. 
I think for now you have to hold your self from participating in the unpredictable market where prices are unstable and down over the past few months. It's too risk and i am afraid you will lose your home and have to sleep on the streets if you still decide to sell a house for trading when the market still getting worse. Better to wait until the next two months while looking at the development of crypto, because now the crypto world is in the worst time, where a lot of negative news and parties that don't support digital currencies such as bitcoin.
If you have a lot of houses then do it, but if not then dont.
Dont be greedy to get a huge profit, dont go as far as selling your house.
House is one of the most important things in our lives, its the only place you can relax.
Yes surely the price of bitcoin will rise in the future but dont hope that it will happen instantly.
Theres a lot of speculation that it will go down as to $3000 and rose upto $19,000 this year.
Dont be a homeless and think about your family first if you have.
Dont be greedy to get a huge profit, dont go as far as selling your house.
House is one of the most important things in our lives, its the only place you can relax.
Yes surely the price of bitcoin will rise in the future but dont hope that it will happen instantly.
Theres a lot of speculation that it will go down as to $3000 and rose upto $19,000 this year.
Dont be a homeless and think about your family first if you have.
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