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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
carlerha
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January 11, 2017, 06:57:22 AM
 #1421

If the prices of the houses have increased at this moment, you will think that you need to adjust according to the location. As bitcoin increases it is possible that this depends on how much bitcoin you have in your hand.

When you think about buying a home, you need to evaluate it when the price of bitcoin increases. At this moment your chances are good that you can still have a good home on the way, but you need to research well.





If you have a lot of bitcoins its possible and it would be nice, it has been done already multiple times buts its not happening a lot because its stays a investment and due to that people do not trust it.
yes it depend on the amount of bitcoin you have invested if you have invested a good amount of bitcoin then certainly you can buy a house for your self. as currently i am going to buy a new car for myself with the income of bitcoin. but just waiting for the price to go a little high.
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January 11, 2017, 07:18:26 AM
 #1422

In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.
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January 11, 2017, 10:28:31 AM
 #1423

In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.

I have a feeling that the current property prices are inflated. Ordinary people are finding it extremely difficult to purchase a house, due to the high prices. The bubble can burst at anytime, just like the Japanese and NY property busts of the late 1980s.

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January 11, 2017, 11:22:34 AM
 #1424

In your country, the real estate economy, if prices have been good, then you can choose to buy a house, after all, the house is a good investment.

I have a feeling that the current property prices are inflated. Ordinary people are finding it extremely difficult to purchase a house, due to the high prices. The bubble can burst at anytime, just like the Japanese and NY property busts of the late 1980s.

Well there's that possibility and some people may just be waiting for that to happen before thinking of buying properties. Though in connection to the price of bitcoin, it may take a couple of more years of price surge for us to be able to at least buy a decent sized house. Though i agree that properties and lots are very good investments indeed

 
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January 11, 2017, 11:25:30 AM
 #1425

For me yes. It's better to buy a house when the price of bitcoin goes up very high, so when the price of bitcoin going down, your bitcoin will stay on that price. Property in my country is really worthy, i mean every year the price is always increase. That's why you should buy a house and it's a good investment too.

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January 11, 2017, 11:26:31 AM
 #1426

Houses could also rise in value, and you can resell it for a profit as well. I think it was a pretty good idea, but the problem is whether the person who sold his house to be aware and know about Bitcoins?

But i doubt we'd see much rise in value vs bitcoin in next few years.  Of course BTC can die though and its hard for house value to die so easy.  I always wonder though your house value is protected by the security of the country right.  Things like BTC or gold you dont often need so much asset protection.

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January 14, 2017, 02:00:31 PM
 #1427

Well definitely i would buy a house,i hope so that bitcoin will goes up to its high limit.It will be a big help for me to fulfill my dream to have my dream house.Well,we cannot predict what will happen because we are aware that bitcoin is not permanent it depends upon how it works on everyday.

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January 14, 2017, 07:18:14 PM
 #1428

Well definitely i would buy a house,i hope so that bitcoin will goes up to its high limit.It will be a big help for me to fulfill my dream to have my dream house.Well,we cannot predict what will happen because we are aware that bitcoin is not permanent it depends upon how it works on everyday.

Yes, you are right, cryptocurrency very unstable and difficult to predict something. But I'm pretty sure that in the nearest 5 years, to buy a house for the Bitcoin will not be possible
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January 14, 2017, 08:38:35 PM
 #1429

If you had the coins on the last bump that happened at bitcoin and took advantage of it to buy a house you hade made the deal of the year, if you havent used your coins because not enought well, the future of bitcoin is amazing im pretty sure we will return to the 4 digits again this year and the halving at 2020 wont let the value drop below anymore.
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January 22, 2017, 07:48:51 PM
 #1430

Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea
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January 22, 2017, 10:14:08 PM
 #1431

Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea
Yes I agree, buy house's is a good decision. But I think he do not need to resell it. Only rent the house could be good passive income. It will be good investment for him. Just buy as much as he can.
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January 23, 2017, 02:28:56 AM
 #1432

For me yes. It's better to buy a house when the price of bitcoin goes up very high, so when the price of bitcoin going down, your bitcoin will stay on that price. Property in my country is really worthy, i mean every year the price is always increase. That's why you should buy a house and it's a good investment too.

Don't doubt that time is the best time to buy house with your bitcoins because if you are that bitcoin holder that you hold a lot of it.

For sure you are going to have higher profit when the price of bitcoin increases and just take the advantage of selling them instead.

So that you cannot just buy only house but also some other properties that are good for investment.

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January 23, 2017, 02:59:53 AM
 #1433

Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea
And houses can drop in value. They can burn, get hit by lightning, get flooded. They also need constant maintenance or there will be mold and bugs.
There are also other issues. Do you think buildings situated nearby refugee shelters gained value or lost it?
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January 23, 2017, 03:15:23 AM
 #1434

Houses could also rise in value, and you can resell it for a profit as well. but the problem is whether the person who sold his house to be aware and know about Bitcoins? But I think it was a pretty good idea
And houses can drop in value. They can burn, get hit by lightning, get flooded. They also need constant maintenance or there will be mold and bugs.
There are also other issues. Do you think buildings situated nearby refugee shelters gained value or lost it?
Okay. You can live without a house. If you scare about those problems, you should not buy a house. There are thousands of places like parks, supermarket, sidewalk, etc. LOL. If the prices are very high, I will buy immediately a house in order to have a place to live. Besides, you can also sell the house and get some profit with it

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January 23, 2017, 03:27:39 AM
 #1435

There is no need for you to buy a house if bitcoin will go up very high of its price, because as I have researched from most people's feedback its a dead investment. Why not invest in another form of business which could generate profit from which can be a passive income. You can buy a franchise business using your converted btc into fiat cash purchase of the business.
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January 23, 2017, 08:31:28 AM
 #1436

It is good to spread ones investment, but buying a house to rent out or buying house to leave. Real estate is the second most profitable investment in the world behind oil, so if you are buying it as an investment it is a good hedge.

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Tanic
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January 23, 2017, 01:36:17 PM
 #1437

Just three months ago I bought a smartphone with those bitcoins that I have maid from my campaign. I have saved for it for a bout a half of the year. This days I plan to buy one more for my boyfriend with bitcoins that I have get from the campaign for two months. Bitcoin bus growing. So in couple years I believe it will be possible to buy a house with it's help.
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January 23, 2017, 01:50:46 PM
 #1438

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.

yeah dude... that's one of my goals to earn a house to leave and its a huge achievement in your part to buy your own house with your own money/income..
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January 23, 2017, 02:29:51 PM
 #1439

It's a good plan, buy a house when the price of bitcoin goes high. So when the bitcoins price goes down you don't care about that and your nominal price still same. Like example on 4 days ago, when the price of bitcoin at the top price around $1050+ you use all our coins buy a house and when the price goes down like 3-4 days ago, you still fine, because you already use the bitcoin for buy a house.
One you buy a house, you already made your decision to cash out your bitcoins into fiat, that means your money will not grow anymore. It's actually depend on you plan, if you need a house then go ahead, it's your profit anyway and as an investor we also need to reward ourselves.

On the other hand, if buying a house is due to investment, then always consider which one would bring good return in the future, is it investing in bitcoin or your house?

Well we could say that we cant buy a house using bitcoin without exchanging it to our own fiat. So we should first exchange it. I do agree as investor or because of our efforts and hardwork we should gift our self some of good stuff as reward because it is very stressful . Thus, you should earn a ton first before you can buy a house it needs lot of time , hardwork ang patience
I would also not trust to buy a house using my bitcoin, I have to ensure that everything is done in a legal way because it's not a small amount we are talking here. The dream will come true for me once bitcoin will continue to rise its value and hopefully it could reach to $10,000 in the years to come.

I'm constantly saving while the price is increasing, it's a good timing.
I think even if Bitcoin was in the $ 2000 range, it probably would not be the right time to cash out that much money and buy a house with it. But everything will depend on the needs of the individual. If the person in fact needs a new place to live, and if that is a priority, then it may be the right thing to do.
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January 23, 2017, 03:33:35 PM
 #1440

It's a good plan, buy a house when the price of bitcoin goes high. So when the bitcoins price goes down you don't care about that and your nominal price still same. Like example on 4 days ago, when the price of bitcoin at the top price around $1050+ you use all our coins buy a house and when the price goes down like 3-4 days ago, you still fine, because you already use the bitcoin for buy a house.
One you buy a house, you already made your decision to cash out your bitcoins into fiat, that means your money will not grow anymore. It's actually depend on you plan, if you need a house then go ahead, it's your profit anyway and as an investor we also need to reward ourselves.

On the other hand, if buying a house is due to investment, then always consider which one would bring good return in the future, is it investing in bitcoin or your house?

Well we could say that we cant buy a house using bitcoin without exchanging it to our own fiat. So we should first exchange it. I do agree as investor or because of our efforts and hardwork we should gift our self some of good stuff as reward because it is very stressful . Thus, you should earn a ton first before you can buy a house it needs lot of time , hardwork ang patience
I would also not trust to buy a house using my bitcoin, I have to ensure that everything is done in a legal way because it's not a small amount we are talking here. The dream will come true for me once bitcoin will continue to rise its value and hopefully it could reach to $10,000 in the years to come.

I'm constantly saving while the price is increasing, it's a good timing.
I think even if Bitcoin was in the $ 2000 range, it probably would not be the right time to cash out that much money and buy a house with it. But everything will depend on the needs of the individual. If the person in fact needs a new place to live, and if that is a priority, then it may be the right thing to do.
In my place that amount is not enough to buy a house but if a person will have more than 10 bitcoins and the price reach to %2000 then he will be able to buy a house with that money and that will be not in a good condition but will give him a place to live.
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