If Bitcoin goes up very high should i buy a house?

[Wowcoin]

How many bitcoin do you have that after selling you will be able to get a house. Also it will depend upon where you buying and how much area of the house you want to buy to get the house

Yes how much bitcoin they hold if bitcoin goes up
 very high is that enough fo you they to house all is
its depends like you said where they buying a house
or how much the badget they hold to buy a house.

[MaritiJames3]

I find real estate a good investment, for nearly everybody, because yes, you should be able to afford it and not many can. But if you can then sure use your profit to buy real estate. But don't cash out just yet, i am pretty sure there is more to come for bitcoin.

[lister storm]

I find real estate a good investment, for nearly everybody, because yes, you should be able to afford it and not many can. But if you can then sure use your profit to buy real estate. But don't cash out just yet, i am pretty sure there is more to come for bitcoin.

i would also just search for some good investment options to make decent money really easily

[angryswamp]

I find real estate a good investment, for nearly everybody, because yes, you should be able to afford it and not many can. But if you can then sure use your profit to buy real estate. But don't cash out just yet, i am pretty sure there is more to come for bitcoin.

it is a good investment option but it is actually way better to hold all your bitcoins in your cold storage

[Ziskinberg]

I find real estate a good investment, for nearly everybody, because yes, you should be able to afford it and not many can. But if you can then sure use your profit to buy real estate. But don't cash out just yet, i am pretty sure there is more to come for bitcoin.

it is a good investment option but it is actually way better to hold all your bitcoins in your cold storage

That is part of the security to hold your bitcoin in cold storage and everyone who has a bigger value of bitcoins for investment are normally doing it.

[pocarime32]

if i were you, yes, i would buy a house when the bitcoin's price goes up very high. Investing in a property is one of the best method for investment when you sell all your coins, especially in my country.

[SANALIU]

how much you hold bitcoin
i think if much take profit must hold much bitcoin to can buy house
i think is very good choose and always growth bitcoin and money everyday is trading, everyday is take profit

[Mr. Big]

if i were you, yes, i would buy a house when the bitcoin's price goes up very high. Investing in a property is one of the best method for investment when you sell all your coins, especially in my country.

Yup, house and lots or real estate is the best investment ever, it could last up to the next generations... Buying a house is far more important than buying a new car... It should be one of our goal while we are still young and strong...  So yes, when the bitcoin price increase a lot and you have a lot of bitcoin in your wallet, you can sell part of it and buy a house... 

[jstern]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

[hajimasan]

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

i don't think there is any connection between this to increase price at its highest peak . but here your idea is not bad to get a house . owm control of what you want to do with house . if you have some btc then after increase price it would be better to buy a home .

[goldcoinminer]

If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

i don't think there is any connection between this to increase price at its highest peak . but here your idea is not bad to get a house . owm control of what you want to do with house . if you have some btc then after increase price it would be better to buy a home .

A goal is really important, if your goal is only to buy a house then after you get it you will not invest anymore then I think it is better to start investing now since the price is still cheap, you can do invest even little by little because there is not minimum investment here in bitcoin, so the moment you have accumulated a large number of bitcoins and the price will also increase, for sure you can sell that for a big profit.

[jossiel]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

Does bitcoin have tax? I don't think bitcoins do have tax but only miners fee so if you are going to buy your own house with bitcoin.

That is just going to cover up when you convert it to fiat money. And that is the time that you are going to pay government tax for buying your house.

But I don't care about taxes as long as I am able to buy my own house with bitcoin, that is success!

[Positid]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

Does bitcoin have tax? I don't think bitcoins do have tax but only miners fee so if you are going to buy your own house with bitcoin.

That is just going to cover up when you convert it to fiat money. And that is the time that you are going to pay government tax for buying your house.

But I don't care about taxes as long as I am able to buy my own house with bitcoin, that is success!

Maybe we can consider that as tax, but it is a minimal amount compared to the amount we are paying in real life taxes. Having said that, we are still enjoying transacting online because it is very fast and anonymous, we cannot have that in real life because all transactions are subject to tax.

[Carlsen]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

Does bitcoin have tax? I don't think bitcoins do have tax but only miners fee so if you are going to buy your own house with bitcoin.

That is just going to cover up when you convert it to fiat money. And that is the time that you are going to pay government tax for buying your house.

But I don't care about taxes as long as I am able to buy my own house with bitcoin, that is success!

In my country there is something called land transfer tax.
That means you have to pay taxes when you buy the land where your hous stands on.
That is a tax you can't avoid, even when you pay with bitcoins. Land transfers are recorded, so the state knows from whom it has to be collected.

[Mastsetad]

if i were you, yes, i would buy a house when the bitcoin's price goes up very high. Investing in a property is one of the best method for investment when you sell all your coins, especially in my country.

Here too, investing in real state is really great if someone can afford to do it because the more time passes the houses or places gets more expensive so if i personally had or will have enough bitcoins i would probably buy a house with them.

[Betwrong]

I find real estate a good investment, for nearly everybody, because yes, you should be able to afford it and not many can. But if you can then sure use your profit to buy real estate. But don't cash out just yet, i am pretty sure there is more to come for bitcoin.

Investing in real estate is not always profitable. Those dealers know their sh*t and they always want to sell you what will cost less in the future for the highest price possible. A friend of mine bought a house for $200k several years ago and today the house costs $100k max.

[jaysabi]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

Does bitcoin have tax? I don't think bitcoins do have tax but only miners fee so if you are going to buy your own house with bitcoin.

That is just going to cover up when you convert it to fiat money. And that is the time that you are going to pay government tax for buying your house.

But I don't care about taxes as long as I am able to buy my own house with bitcoin, that is success!

Maybe we can consider that as tax, but it is a minimal amount compared to the amount we are paying in real life taxes. Having said that, we are still enjoying transacting online because it is very fast and anonymous, we cannot have that in real life because all transactions are subject to tax.

Regardless of how you buy your house, you're going to have to pay taxes on it when you sell. If you're buying a house with bitcoin, you're still going to use the USD equivalent for tax purposes. All real estate transactions are registered with a county or local government office, you cannot buy a house anonymously.

[Yutikas_11920]

If you do make sure you pay taxes on those Bitcoin, else you will lose more than you have. Don't want to get audited.

Does bitcoin have tax? I don't think bitcoins do have tax but only miners fee so if you are going to buy your own house with bitcoin.

That is just going to cover up when you convert it to fiat money. And that is the time that you are going to pay government tax for buying your house.

But I don't care about taxes as long as I am able to buy my own house with bitcoin, that is success!

Maybe we can consider that as tax, but it is a minimal amount compared to the amount we are paying in real life taxes. Having said that, we are still enjoying transacting online because it is very fast and anonymous, we cannot have that in real life because all transactions are subject to tax.

Regardless of how you buy your house, you're going to have to pay taxes on it when you sell. If you're buying a house with bitcoin, you're still going to use the USD equivalent for tax purposes. All real estate transactions are registered with a county or local government office, you cannot buy a house anonymously.

Yeah it is very true. Because the mail property rights from land or the House is already registered in the country. So if we buy a House with bitcoin then would still be taxed, because the tax is the one thing that is mandatory in respect of all citizens

[Shiroslullaby]

Also keep in mind that you have maintenance costs if you own a property.
There may be yearly taxes, costs to maintain the house if you have any issues like a leak in the roof or a broken pipe.
Factor this into the cost when you are deciding how much you can afford to spend on a property.

I saw a report on a very expensive house that has been sitting empty for years because the upkeep is around $1 million a year.
You would have to be a billionaire just to afford the yearly taxes and maintenance fees! 

[Oralmat]

Well, I'm thinking of buying a house with bitcoin bitcoin someday if I am already very much, for now I think the focus on business is a very good thing to do. but if you already have a lot of bitcoin and was enough to buy a modest house, I think it is the right time to buy a house, because it was also referred a long-term investment

I agree, we have the right to dream and it is really needed so we have inspiration in life.  But  to make this dream come true we should have all the materials needed to fulfill it.  If we are lacking something then we  have to work for it.  Just waht hawkins said, if you have not much of bitcoin then, don't wait for it to become 10,000x higher instead work for it to multiply a thousand fold.

Yes, having big dreams based on bitcoin is not wrong. But having only dream with bitcoin but not taking any necessary steps must be wrong. We need to work hard in order to have enough bitcoins to fulfil our dreams. Without hard work we will not be successful even we are having the better system bitcoin.

To have our team into real, we must work hard to have all the required things particularly more number of bitcoins.

Yes, i agree with you, if our dream depend on only Bitcoin so it has clear mean that we should hard work with bitcoin, if we want to get reward from bitcoin. Otherwise only depend on thinking that i have bitcoin and one day it give me a big profit, So i think it is useless.