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

[Fatanut]

I'm actually thinking of buying a house in a place far from my hometown. My hometown is not that developed and moving to a place where there's a colder temperature will be a huge savings for me because I live in a tropical country. Meaning, it's always hot in here and we always have to maintain the AC. If bitcoin goes up, there's no reason for you not to buy the things that you need. If you feel like you need to buy a house, then go buy one. As a young adult, I need my own house as a first step to having a bigger life.

It will be absurd for us to just keep on holding our bitcoins when the price is already insanely high because with that, we will be forever holding our bitcoins. We've been waiting for that day all along and we should grab that moment to finally buy the things that we want.

[White Christmas]

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.

When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

[aesma]

Some people seem to think buying a house in bitcoin will save you tax money. 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. You will also still be subject to real estate taxes while owning, not just when you sell.

Yes, buying a house is basically getting out of bitcoin. Which is fine, owning a house means you can have an easier outlook on life, losing or changing jobs is less stressful, not having to pay a rent when you're old, etc.

Ideally I would want to have a big enough stash to both buy a house and keep earning money thanks to BTC.

[SilverPunk]

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.

When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

Yea its right , however if i am i will buy it with fiat instead of bitcoin i will just keep bitcoins because the opportunity is too big .So thibk twice before you do finalize your own decision.Buying a house with bitcoins now is starting to know i read a news a villa is being for sale with bitcoins .Bitcoins now is too wide range to be used not only to pay things but to buy like houses or cars.

[Xester]

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.

When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

Yes, strike the iron while it is hot.  You never know whether it is the highest or lowest but if you feel that it is then do it.  Having your own house is not regretable.  It is already an investment.  Actually you can improve it a little and then sell it on higher price.  So if the bitcoin that you have can buy a house I would say you better do it already.

[kpcian]

You can do whatever you want...
But if you ask suggestion regarding this matter then I suggest you to invest more time period, buying house is also a good decision but investing in bitcoin will be more profitable rather than holding a house for me, so investment would be the best policy in order to earn more and more profit...

[Proton2233]

Buying a house is also a good investment. If you calculate the yield in percents then of course investing in bitcoin now will be more profitable, but it's always a risk to stay without money. The house will always bring a guaranteed income without any risk.

[Aikidoka]

If bitcoin goes up very high, you can buy many things that are more expensive than a house. But in your case, yes. Why not? If you want to buy a house so badly, and you do not have a job or even money, with bitcoin (assuming you have bitcoin in your wallet) you can buy anything you want. My advice for you is to save bitcoin until its price increases. Then you can get rich.

[Vohoanghiep]

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 think you should not buy a house. In "teach children to enrich" the author mentions that the home is a peppermint, we will spend a lot of money on it, because it is a peppermint. You buy what is considered property, it will make you richer. Why do not you buy other types of Altin coin and wait for it to rise? I think that is really your property

[mrcash02]

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.

When you know that its price can buy a house then buy especially when it pump high because its not always happen so grab that opportunity. Also when you need a house then do not hesitate. But in the end it still depends on you. make a decision that you will never regret in the end. 

Yes, strike the iron while it is hot.  You never know whether it is the highest or lowest but if you feel that it is then do it.  Having your own house is not regretable.  It is already an investment.  Actually you can improve it a little and then sell it on higher price.  So if the bitcoin that you have can buy a house I would say you better do it already.

It's a good investment, but first make sure the house you are buying is situated in a good area, make sure the place won't lose price in the future, it can happen for several reasons like criminality, weak infrastructure, poor region, industries near.

Some people have done this investment and regret later because their house lose price, not because of them, but because the neighborhood. Depending where you live Bitcoin is a more profitable investment than a house. 

[bajing]

All depends on what your priorities are and if to buy a house when the market value of Bitcoin increases that is good one. Even at present So many people have accomplished so many things with the money they make from bitcoin and yours will not be an exception. To own a house is the best thing for a family because that will reduce stress from landlord and his agents.

When you have already more btc which will be enough to you to buy a house and to trade and invest in the same time then go on in biying especially if you really need a house or ypu dont have house yet. Biy when the price is high so you can have more btc.

Yes that's right the first thing we need to do is collect bitcoin as much as we can after that we can think of buying a house. and other way we can buy a house after earning enough profit so we don't need to wait for bitcoin prices goes up very high.

[NathanJB]

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.

Wow! If your bitcoin is that huge then that would be a sound decision, especially because you are still renting and having some troubles with renting. I am happy for you if you can already buy a house with your bitcoin.

It is a wise decision to set aside 20% of your bitcoin though. That seems to be still a considerable amount. That will still earn.

[Jenn09]

yes of course that's the best decision you will make if ever it will happen in the future and House is the best investment after all because even though your too old to work you have a real achievement for sure that you will say you "OWN".

[qiwoman2]

I think it's an excellent idea, or you can do something like this: Buy up smaller properties to rent out and use the rents as your passive income then you can globe trot and when you are ready to settle down in one place you can buy land and build a nice smart home, passive, off the grid and Eco friendly. 

[syaripudin]

Buying a home is a very good decision because the longer the house price will be higher but also use your bitcoin by trading so your bitcoin will grow

[Jako0203]

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.

ofcourse you should if you have enough BTC , and if I were you and I got 2.1 BTC in my wallet I would rather buy a house than anything, if BTC values 5000$ haha

[Sled]

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.

ofcourse you should if you have enough BTC , and if I were you and I got 2.1 BTC in my wallet I would rather buy a house than anything, if BTC values 5000$ haha

Buying a house is such a good investment for any person because its price will go up after a few years because the only population grows and not the land so if there will be a lot of demand for houses then you can sell your house at a higher price which is a worth it investment to grab if you have money right now from your bitcoin earnings.

[BitcoinzB]

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.

ofcourse you should if you have enough BTC , and if I were you and I got 2.1 BTC in my wallet I would rather buy a house than anything, if BTC values 5000$ haha

Tell me where you can buy a house with 10000$ and I'll move there right now ahah

Back to the OP, you should do it. I can't see a better investment than buying a house.

[BeGoods]

yes of course that's the best decision you will make if ever it will happen in the future and House is the best investment after all because even though your too old to work you have a real achievement for sure that you will say you "OWN".

Of course it will be a lucrative investment also because real estate has a price that continues to rise in the future but the problem right now, is it anyone who is ready to receive their home payment with bitcoin? Would be a bit risky when seeing fluctuations

[Georgos]

I think it's an excellent idea, or you can do something like this: Buy up smaller properties to rent out and use the rents as your passive income then you can globe trot and when you are ready to settle down in one place you can buy land and build a nice smart home, passive, off the grid and Eco friendly. 

You are make me dreaming friend ! I wish someday I could have fullfilled this dream thanks to Bitcoin. Some people say it will reach as high as 50 000$ per bitcoin in the coming decade. If so I will have it !