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Topic: Trading Bitcoin for real estate? - page 26. (Read 5869 times)

legendary
Activity: 1652
Merit: 1000
August 09, 2017, 05:52:56 AM
#44
selling bitcoin and buy real estate as instead of bitcoin investment honestly it does not ever cross in my mind because real estate price was so high so i have no enough amount to buy it and usually i was convert my bitcoin into my local currency or to buying an altcoins or i wait untill the price slightly dropped and decide to buy again bitcoin
full member
Activity: 392
Merit: 123
August 09, 2017, 04:42:49 AM
#43
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I also think this is a good idea. To invest on something tangible. Properties like real estate are solid and reliable, also in the course of time, the price gets higher and higher. I don't say bitcoin is less reliable but we know, prices of virtual currencies are unpredictable so we can't be sure. I believe there are rich people here who have invested in real estate already.   
hero member
Activity: 1246
Merit: 529
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August 09, 2017, 04:31:19 AM
#42
I still do not have so much bitcoin that I could spend on buying real estate, but in the future because of the rapid price increase, I will definitely do it with my profit from bitcoin.

I think you do not need to use bitcoin to purchase real estate, it's an unnecessary job, if you want to make a profit, use bitcoin to trade altcoin.

maybe its because bitcoin price is not yet increase too high so we can not buying real estate but I am sure that if bitcoin price is going to up until $10k, maybe we can bu real estate with our bitcoin and we don't have to use much of bitcoin to bought. if in the future bitcoin price is really expensive, then I think we can buy many thing with bitcoin.

How much are you expecting from btc then? It already went up a considerable amount and a lot of people have already profited handsomely. Even with the current price or just a little but higher, it won't be that hard to accumulate enough btc to buy a small house. It's even going to be ok if btc remains at this price for good.
hero member
Activity: 2604
Merit: 816
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August 06, 2017, 01:07:55 AM
#41
I still do not have so much bitcoin that I could spend on buying real estate, but in the future because of the rapid price increase, I will definitely do it with my profit from bitcoin.

I think you do not need to use bitcoin to purchase real estate, it's an unnecessary job, if you want to make a profit, use bitcoin to trade altcoin.

maybe its because bitcoin price is not yet increase too high so we can not buying real estate but I am sure that if bitcoin price is going to up until $10k, maybe we can bu real estate with our bitcoin and we don't have to use much of bitcoin to bought. if in the future bitcoin price is really expensive, then I think we can buy many thing with bitcoin.
full member
Activity: 223
Merit: 250
August 06, 2017, 12:30:20 AM
#40
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I think a lot of people are doing the same thing. As everyone knows, bitcoin is just a virtual currency, so its stability can not be compared to other things. To ensure the safety of their money, many sell bitcoin to invest in real estate or other things safer.
That is right, we should invest in something that has assurance or a lower risk to lose money because if we will just invest in bitcoin alone or other cryptocurrencies without having back up investments then it will lead us to possible huge loss in the future because the market value of the coins are not fixed and they are very flexible and they can go up very high or very low so it is better to manage our money very well.
Exactly, my dream when working in Bitcoin is how to earning many money for buy some real estate and rent them for create passive income every day!? But this is the difficult road and not easy complete in one year, so I'm working very hard until this dream become true.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 06, 2017, 12:11:36 AM
#39
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I think a lot of people are doing the same thing. As everyone knows, bitcoin is just a virtual currency, so its stability can not be compared to other things. To ensure the safety of their money, many sell bitcoin to invest in real estate or other things safer.
That is right, we should invest in something that has assurance or a lower risk to lose money because if we will just invest in bitcoin alone or other cryptocurrencies without having back up investments then it will lead us to possible huge loss in the future because the market value of the coins are not fixed and they are very flexible and they can go up very high or very low so it is better to manage our money very well.
sr. member
Activity: 575
Merit: 250
August 05, 2017, 08:47:15 PM
#38
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I think a lot of people are doing the same thing. As everyone knows, bitcoin is just a virtual currency, so its stability can not be compared to other things. To ensure the safety of their money, many sell bitcoin to invest in real estate or other things safer.
sr. member
Activity: 484
Merit: 250
August 05, 2017, 08:32:45 PM
#37
I still do not have so much bitcoin that I could spend on buying real estate, but in the future because of the rapid price increase, I will definitely do it with my profit from bitcoin.

I think you do not need to use bitcoin to purchase real estate, it's an unnecessary job, if you want to make a profit, use bitcoin to trade altcoin.
hero member
Activity: 910
Merit: 523
August 05, 2017, 07:48:05 PM
#36
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
I'm already sold some of my bitcoin to buy real estate, but if you are looking for the exact number of the users that already bought real estate and it can't be determined. It is a safe investment and good to be your backup rather than use the insurance.

Bitcoin obviously could be used to buy real estate and there are many such transactions already done.
Ever read some of those transactions and if you check on google, there are a lot of real estate offered for bitcoin
https://www.bitpremier.com/5-real-estate
All you need is looking for a realtor and lawyer to process and fulfill legal documents about it.
hero member
Activity: 980
Merit: 507
August 05, 2017, 02:19:33 PM
#35
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
That seems like a good idea for me to be honest. Didn't think of such a thing before, but yeah if I am gonna do that, I need to wait for some more years so that I could buy a proper bigger piece of property and not randomly. You would be benefitted from that if you convert your btc and convert into your native currency and the  buy a property, boom you should be lucky if you buy property only by spending on how much you earned in bitcoin.
legendary
Activity: 3080
Merit: 1500
August 05, 2017, 02:09:00 PM
#34
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

I doubt any builder will accept bitcoin as a payment of a real estate, at least not in my country. The house I am currently living in as a tenant, will cost 24 bitcoins, if I want to buy. So it's a huge amount for sure.

However, I have been saving bitcoins from a long time now since the price was at 450 USD. So I believe, if I keep doind the same activities for another 5-7 years to come, I would be able to pay a big chunk of my house price from my bitcoin savings only. It will help me take a less amount of bank loan and also the EMI amount will be lowered.
sr. member
Activity: 1036
Merit: 279
August 05, 2017, 01:41:18 PM
#33
Wow, good for you guys that you already bought properties using your bitcoins. Yes, real estate is good if properly managed. You can at least live in it or maybe rent it out for extra money. Or maybe do both at the same time, it's possible for modestly-sized homes.
full member
Activity: 165
Merit: 100
August 05, 2017, 12:58:48 PM
#32
I still focus on bitcoin in investing and trading bitcoin, because for me bitcoin value will rise high, after all bitcoin work is done I will make a real estate purchase.
sr. member
Activity: 686
Merit: 260
August 05, 2017, 10:54:19 AM
#31
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!
For now i don't any plans to buy like real estate or to build my own home .I will only exchange my butcoins into fiat when i'm in need nothing more  than on it . Because i plan to expand my family business , to have a store ,and hopefully a mini  factory .i think that was enough .
Real estates are profitable as it creates a passive income and its in demand everyday there are a family who are finding house to rent but for me it needs a maintenance especially if a person is not good in using the home things etc.. However spreading your investments is a very good thing that a rich mindset have.
hero member
Activity: 910
Merit: 501
August 05, 2017, 10:51:09 AM
#30
In my area you would need a large amount of bitcoins to buy real estate.
So no, I would not do that.
To me (and I think to the majority here) it's the case that I buy bitcoin with fiat, and consider that to be my investment.
Reinvesting my coins into something else does not make much sense to me. At least not at the moment.
legendary
Activity: 2562
Merit: 1441
August 05, 2017, 10:33:09 AM
#29
I'm expecting the price of real estate to decline. There aren't enough buyers in markets to maintain prices. Governments resort to a number of programs to finance loans(even knowing they're statistically likely to fail).

There are claims that Donald Trump created 1 million jobs since taking office. If that continues real estate prices might be maintained on average higher spending in the economy. I can't say I've looked at stats or tried to calculate how much of a bubble real estate is.

It seems natural for prices to decline. The buying power of economies is being reduced due to tax hikes, low wage growth against inflation/average cost of living and other variables. Buying power usually translates to decreased demand in sectors like real estate and that usually translates to reduced prices once state sanctioned real estate loan programs run out of steam.

That's my guessestimate. Can't say I've looked into it much. If I planned to buy real estate, I might consider waiting awhile for the bottom of the markets to drop out again.
sr. member
Activity: 406
Merit: 255
August 05, 2017, 10:18:21 AM
#28
In 2008, the real estate market collapsed and since that time I don't see growth in property prices. In the same year there was bitcoin and all this time, he shows a stable growth dynamics. I see no reason to invest in real estate.
hero member
Activity: 2912
Merit: 541
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August 05, 2017, 10:08:45 AM
#27
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

right now, i am not selling my bitcoin to buy real estate because my bitcoin is not yet enough to buy but i am sure that in future when my bitcoin is enough, i will buy real estate for another investment. i think from time to time, the price of real estate will get increase too but i am not too worry because i am sure the price of bitcoin will be higher than the real estate so i can buy one or two.
full member
Activity: 364
Merit: 102
August 05, 2017, 07:56:12 AM
#26
I still do not have so much bitcoin that I could spend on buying real estate, but in the future because of the rapid price increase, I will definitely do it with my profit from bitcoin.
hero member
Activity: 1008
Merit: 531
August 05, 2017, 06:30:14 AM
#25
I am wondering how many of you are selling your bitcoins to buy something solid like real estate as backup investment? spread the eggs!

Yes, the idea is that you should always diversify. However i don't really think that real estate is a good investment at this moment because as a lot of people have said in this thread, real estate is a bubble in a lot of countries.

I mean sure, you could buy some housing ETFs but just don't put too much in it. The idea is to diversify, not to bet on the real estate market alone.

If i were you though i would definitely pass on the idea of investing in real estate for something else. For example, commodities, altcoins, precious metals, insurance, etc. etc. Bitcoin is a great investment, but that doesn't mean that it's bulletproof.

Just don't forget what happened in 2008.
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