Topic: Well, I've officially found the house that I want... (Read 497 times)
Then you will wait for your house very long time and it's very likely that this house would be sold meanwhile. It's not realistic to expect that Bitcoin reaches so high price in a short period of time, if ever, so maybe it would be good that you have majority of funds in fiat and that the rest you try to cover with Bitcoins.
Well I've officially found the house that I want... Now to just get bitcoins to the $250K ea I need to buy it... 
$250k in the next 10 years is doable given the exponential growth that bitcoin will experience, but of course, aiming for anywhere near $10k to 100k is more on sight.
You should focus in trying to buy as much BTC as possible while it's only 4 figures, then you will need less BTC to buy your house.
In any case, you should never sell 100% of your BTC.
Better to buy bitcoin at cheaper price (whenever dip occurs) and wait it rise tripled then cash out to buy a house that you want.
However, you need to start a business to get more money instead of just rely on bitcoin.
Well I've officially found the house that I want... Now to just get bitcoins to the $250K ea I need to buy it...
Better you can play one lottery ticket to see if you can win this amount. I don't think that we can see $250k in few years (i don't want to say never). But you can buy more bitcoins now and wait if the price increase, or find a cheaper house.
Did I just read your want one btc to be worth 250k are you all right op? Do you even know current price of btc may be it could be 5k or 10k someday but 250k is a very very big assumption. What I would instead suggest you is to focus on taking a loan and try and paying it off from the profits of Bitcoins. Or work your way up through it and depending total on Bitcoins is not such a good idea, it's to risky and what's the guarantee it will not be sold to someone. I think you should just take a loan and work through pay it. That's the only way, unless someone can suggest op a better idea.
You'd better sew dead fish into the curtains to make sure no one buys it until then. It's going to get very stinky.
Every time I casually browse houses dreaming of ludicrous gains, Bitcoin crashes a few minutes later so I've given up. I'm happy with my shed by the motorway.
Every time I casually browse houses dreaming of ludicrous gains, Bitcoin crashes a few minutes later so I've given up. I'm happy with my shed by the motorway.
Well I've officially found the house that I want... Now to just get bitcoins to the $250K ea I need to buy it...
Too much optimitism will wrecked you. Really want to buy that house? Find a high paying job and worked hard to the point that your body is not moving anymore and maximize your earnings. Joined a contest where you can get the said amount. Or participate in a lottery and pray that you will win.
A lol? Yes. It's possible to have that amount but face the reality instead and everything will be fine.
Well I've officially found the house that I want... Now to just get bitcoins to the $250K ea I need to buy it...
$250k in the next 10 years is doable given the exponential growth that bitcoin will experience, but of course, aiming for anywhere near $10k to 100k is more on sight.
You should focus in trying to buy as much BTC as possible while it's only 4 figures, then you will need less BTC to buy your house.
In any case, you should never sell 100% of your BTC.
Well I've officially found the house that I want... Now to just get bitcoins to the $250K ea I need to buy it...
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