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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133889 times)
Franky00
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August 24, 2017, 01:05:29 PM
 #1781

If bitcoin rises high, you can buy yourself anything and provide for your family. Bitcoin has great opportunities for fantastic price growth and I think that soon it will be possible to fly to the moon.

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August 24, 2017, 02:41:15 PM
 #1782

No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
You guys ain’t serious, are you? For me, I say he should go ahead and make one achievement in life, if that’s buying a house, then it’s an excellent choice. You guys shouldn’t discourage him from making the perfect choice. Yes, Bitcoin is profitable more than most of the things you’ll come across. So he should keep some of his Bitcoin.

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August 24, 2017, 03:06:54 PM
 #1783

If Bitcoin goes up very high should i buy a house?
House that you will live in or rent out is a proper diversification strategy.
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August 25, 2017, 10:27:14 AM
 #1784

No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
The buying of house depends on the need of house. If you are not living on rent, there is no need to cash out your bitcoins but if you don’t have your own place, it is worth buying house for bitcoins. At least you will have then a safe shelter to hide yourself. You can earn bitcoins from signature campaigns whenever you want.
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August 25, 2017, 03:09:00 PM
 #1785

If Bitcoin goes up very high should i buy a house?
House that you will live in or rent out is a proper diversification strategy.
well it is a good idea to buy a house and put it on rent it is really profitable and you will be able to take some extra money from it. Bitcoin price is growing more and more it is going very high and if it will happen for long time you will surely buy a house for yourself so keep patience and buy bitcoin or earn it to buy your dream house.

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August 26, 2017, 10:12:03 AM
 #1786

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.

Of course you should. Just i would cash out 60% only and keep rest for future or something else, in case that price rises even more. So yeah, if price will be ever high enough for you to buy house, then you should do that. Bitcoin price might fall down or you simply might lose them, but if you buy house before that nobody will take it from you.

Who told that nobody can not take it from you, if your property value goes up then their are chances of political person or any high profile likes your property then they will force you to leave your property. So their are always danger in any position, but it is true that investing in property is good idea because life's 50% of expenses is on giving house rent , so the main problem will be solved if you have own property and Bitcoin can fullfill your wish.

Well yeah you can say that there is risk like this to lose your property... But chances are really tiny, it probably won't ever happen if he would buy it. I think chances that hackers will steal his bitcoins or that he will lose them are much higher, and of course chance that bitcoin will crash is even larger.
There is no risk in buying a house with bitcoins. A nice shelter is the basic necessity of the human life and we all earn money just to fulfill first our basic needs and then secondary ones. Yep, it could be little risky to keep bitcoins in wallets for long time because there are too many hackers active to hack bitcoins.
If I were on the original poster's shoe, I would definitely buy a house and lot now and enjoy living without mortgage. Having a house is a real asset and it is completely yours with no risk at all. Anyway you still had a portion of your bitcoin left so hold the remaining bitcoin you had. For sure you will still get profit on it in the future.

If oportunity presents itself to you to but a house using btc, then don't waste it. And it will be beneficial for the seller as well as in time they may even get double the amount they aold their house for.
Yes, the seller is going to be lucky if he/she is ready to receive payment in bitcoins because with passage of time, the money would double or even triple because of the continuously increasing price of the bitcoins. There is nothing wrong in meeting your basic needs with bitcoins.
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August 28, 2017, 05:39:49 PM
 #1787

No darling. You should hold your bitcoin instead of buying a house. We know that the price of real estate always increase, but it can never be as same as bitcoin since the price of bitcoin increase significantly every year. We have to understand that this is the new technology and more people are learning and buying it
The buying of house depends on the need of house. If you are not living on rent, there is no need to cash out your bitcoins but if you don’t have your own place, it is worth buying house for bitcoins. At least you will have then a safe shelter to hide yourself. You can earn bitcoins from signature campaigns whenever you want.
Yes! If there is no tension of residence, then it is pretty useless to waste bitcoins. This is the not last time that bitcoins pumped, in future they are going to rise much more and may be then you will be able to buy a big mansion to live a life like royal child. Keep holding bitcoins if you are sure about the bright future of bitcoins.
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September 06, 2017, 11:43:25 PM
 #1788

Yeah why not a house is in my impression the most crucial content point you can have in daily life. With no a property you cant do a point. And the point with properties is that they can also go up in value so you can sell that ass properly from a revenue.
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September 06, 2017, 11:51:22 PM
 #1789

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.
Yes you can unless you have enough money to spend on it. Buying a house is not a joke because it costs more money but it is a good idea of spending your own money or bitcoin because it is also an investment for you. In order for you to buy a house, you should spend more time in bitcoins as well as being wise through it for you to earn enough money to buy the house that you want.

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September 07, 2017, 12:43:40 AM
 #1790

It depends on you sir. Having 10 BTC with 5K value can make a very good-looking and fancy house. Regarding also on BTC value, its value is always increasing and hopefully it will go 5k before this year ends.

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September 07, 2017, 12:44:37 AM
 #1791

It depends on you sir. Having 10 BTC with 5K value will can make a very good-looking and fancy house. Regarding also on BTC value, its value is always increasing and hopefully it will go 5k before this year ends.
The price of bitcoin is already touch the price mark of $5,000 and it just dump because of the profit taking process and also the banning of ICO in china but overall, bitcoin has still a chance to get to a higher price and if you will wait for the price of bitcoin to go up to $10,000 then you can easily buy a great looking house because that is about $100,000 in total of your money.
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September 07, 2017, 01:52:46 AM
 #1792

If bitcoin goes up high.. perhaps yes but totally depends on individual priorities when the time comes, But if not necessary. I prefer to hold my bitcoin and took the chance to used my btc as capital for future purposes.
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September 07, 2017, 05:16:14 AM
Last edit: September 07, 2017, 02:50:08 PM by Dontme
 #1793

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.
buying a house? Ofcourse that are very good and great idea. Buying a house is a good thing to be bought when the value of bitcoin will get very high. Also instead of buying car or any luxurious things its better to buy a house first instead of having luxurious things without a house and its better than always renting. Because even if you have a very nice car or one of the famous car is yours without shelter or house it is impossible for you to park it without garage. You need to buy first house and lot before anything else.
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September 07, 2017, 05:40:08 AM
 #1794

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.
many people buy luxurious things like car, gadgets, etc. but don't have a house yet. Its better for you to buy a house first when the price of bitcoin is high enough then always renting.
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September 07, 2017, 06:05:57 AM
 #1795

If you have enough bitcoin to convert into fiat and buy a house go ahead make sure you will still have bitcoin left after purchasing a house because you know bitcoin price will go to the moon soon. Anyways house is also a good investment too.
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September 07, 2017, 06:29:23 AM
 #1796

Buying house maybe a good idea but dont you think that bitcoin will continue to grow? it will not very profitable if we buy a house instead of holding bitcoin. We know that real estate always increase, but the interest every year is smaller than bitcoin. Unless you do not have a house, I still highly recommend you to hold your bitcoin until its price become stable

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September 07, 2017, 06:52:57 AM
 #1797

Buying house maybe a good idea but dont you think that bitcoin will continue to grow? it will not very profitable if we buy a house instead of holding bitcoin. We know that real estate always increase, but the interest every year is smaller than bitcoin. Unless you do not have a house, I still highly recommend you to hold your bitcoin until its price become stable
The only reason why are we earning and holding bitcoin is to buy whatever we want and to be rich. So I think buying a house if you can is a good idea. However, I suggest that when you gonna buy a house make sure that you have a extra money because don't go all in in one object. That is my opinion.

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September 07, 2017, 07:09:51 AM
 #1798

post was 2015 Now must know answer

are you buy that house or not ??
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September 07, 2017, 07:17:19 AM
 #1799

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.
You can and why not, just how will you be calculated and will you receive bitcoins as payment. In general, there are many unanswered questions, so while accumulating, in time can also be enough for a car.
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September 07, 2017, 07:26:00 AM
 #1800

If you have enough bitcoin to convert into fiat and buy a house go ahead make sure you will still have bitcoin left after purchasing a house because you know bitcoin price will go to the moon soon. Anyways house is also a good investment too.
If you have enough bitcoin, maybe you can buy a house. But make it sure you still have bitcoins left for the future. But if I were you, I’m not going to buy a house yet, instead I’m going to build a business for extra income. As you are earning in bitcoin, you are also earning in your business.
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