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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133947 times)
rodskee
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September 07, 2017, 07:32:54 AM
 #1801

i think you should invest first on something that would earn, take insurance and if you are confident that you already have enough, then go on and buy your dream house.
nothing wrong about your dreams to buy house, i agree with you mate if they have enough earnings to buy house do it for your dream house, because all people have a dream in the life.

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September 07, 2017, 08:37:50 AM
 #1802

i think you should invest first on something that would earn, take insurance and if you are confident that you already have enough, then go on and buy your dream house.
nothing wrong about your dreams to buy house, i agree with you mate if they have enough earnings to buy house do it for your dream house, because all people have a dream in the life.

I also dream about having a house and lot and I'm looking forward to that. The price now is increasing from the month I started here so I know over time bitcoin will let us taste the moon. And if that'll happen I convert half of my bitcoin to purchase my dream house and starting to live the life I always wanted. So right now I just HODL it and watch closely the market.
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September 07, 2017, 08:53:41 AM
 #1803

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.
Spending 80% of your bitcoin in house buying when bitcoin goes up very high it not a good idea and it will be nice if you can cut. It to 50%.

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September 07, 2017, 09:03:21 AM
 #1804

Haha it's very interesting to look back on posts when btc was not worth so much. It totally paints this question in a new lighting. And the second comment too. If btc rose so high, people would accept it to buy a house. However, while the price is extremely high, many people are still not willing to sell in bitcoin as a payment method, and i doubt many people would use btc to buy a house.
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September 07, 2017, 09:15:02 AM
 #1805

buying a house is up to your line of vision to life.
if it is necessary to be realistic, it feels good and safe having a house.
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September 07, 2017, 09:25:41 AM
 #1806

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? 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.
I think whatever you want if you have a lot of bitcoin in your wallet that's not a problem but the point here is that the house has a good prospect as a long-term investment right ? seeing real estate has a significant price increase every year
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September 07, 2017, 09:29:59 AM
 #1807

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? 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.
I think whatever you want if you have a lot of bitcoin in your wallet that's not a problem but the point here is that the house has a good prospect as a long-term investment right ? seeing real estate has a significant price increase every year
In my country, before it was fashionable to have big houses. It was relatively expensive, and the maintenance of such houses is practically nothing cost. Now the situation has changed and those who have big houses regret it. I think first you need to decide for yourself whether you need General building and why.
BossMacko
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September 07, 2017, 09:30:34 AM
 #1808

If you invested in the past when the price of Bitcoin was only cent and you bought a lot of Bitcoin that time and decided to sell them all today i bet you can buy anything you want not only house and you'll be able spend all it and enjoy your life today.
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September 07, 2017, 09:38:46 AM
 #1809

buying a house is up to your line of vision to life.
if it is necessary to be realistic, it feels good and safe having a house.
I haven't seen an individual that doesn't have a future vision to have his own home. I'm investing also in real properties and you/we should buy our own house, it's a dream come true. You will be the one to design the interiors and everything about it.

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Astvile
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September 07, 2017, 09:47:50 AM
 #1810

Yes you can i think,bitcoins making news and headlines online right now is a good news to us,it will hype the bitcoin and huge demands will be coming and bitcoins price will rise and rise

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September 07, 2017, 09:48:40 AM
 #1811

Of course you should because you need it as long you have enough money to buy a new house. Just wait until bitcoin price get high

Saoha
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September 07, 2017, 10:56:58 AM
 #1812

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.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink

Yeah i know but maybe not on this next bull run.  Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.



I think you made the right decision when investing in Bitcoin. And now that bitcoin has crossed the $ 3000 - $ 4000 threshold you want. I sure you have your own home. If it is I am sure I will sell some of the bitscoin I keep and buy a house  without renting or dependency. Moreover it is also a fixed asset without worry it will lose value. You can continue to invest in Bitcoin as it can bring you wealth (of course you should not sell the house you bought because wealth will always be at risk).
ArrogantPeacock
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September 07, 2017, 11:04:06 AM
 #1813

It's a good strategy to hedge against risk

By buying a house you are liquidating some of your profits and create "tangible" value, which will uphold even if Bitcoin prices decrease
Cherylstar86
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September 07, 2017, 11:37:36 AM
 #1814

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.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink

Yeah i know but maybe not on this next bull run.  Lets say we hit $3k- $4k in the next few months which could happen i doubt everyone well accept bitcoins for houses. Some people will sure.



I think you made the right decision when investing in Bitcoin. And now that bitcoin has crossed the $ 3000 - $ 4000 threshold you want. I sure you have your own home. If it is I am sure I will sell some of the bitscoin I keep and buy a house  without renting or dependency. Moreover it is also a fixed asset without worry it will lose value. You can continue to invest in Bitcoin as it can bring you wealth (of course you should not sell the house you bought because wealth will always be at risk).

I agree you should not put your wealth into risk and if you bought a house due to bitcoin earnings, much better to treasure it because you can set it aside for your family's future most specially the kids if you're a married person. You can sell your bitcoins if you can save it at higher amount, and I am sure having bigger amounts will definitely gain bigger amount of bitcoin when the price will become much higher compared from current amount of btc right now. Having that wise decision can make certain profit to become more important on that goal on buying a house and don't rent anymore if you're not having your own.
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September 07, 2017, 12:23:57 PM
 #1815

I will count you as a wise person if you bought a house when the bitcoin price goes up. First, you invested a small amount of bitcoin and disposed it off when the price had risen. Secondly, you buy a house from your returns which to me is a very good physical asset which can appreciate in value. Unlike other assets like cars which depreciate, a house will be a sure investment.
JuanSanchezzz
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September 07, 2017, 12:26:18 PM
 #1816

If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.
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September 07, 2017, 12:43:09 PM
 #1817

If you have lot of Bitcoin, why not?. It all depends when would Bitcoin increase it price, if it would reach $4k, then. You have atleast 100btc then convert to fiat then buy a house. There are lot of things that Bitcoin can do, it will matter to its price though.

Yup,if have plans on buying a house someday through btc which is quite possible,tgen start eaening it now, be hardworking and smart on planning and choosing what job to do.

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September 07, 2017, 12:43:55 PM
 #1818

But when will you know what is " very high " ? Remember this one : "Beggar's bags are bottomless"...
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September 07, 2017, 01:04:03 PM
 #1819

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.
That is very much possible, if you have a lot of bitcoin that  is stored in your wallets. Even now you can do it, if the seller of the house is bitcoin enthusiast you do some transactions payment through bitcoin, not directly payment directly in the real estate business.
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September 07, 2017, 01:17:31 PM
 #1820

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.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink


That is my dream to buy house with bitcoin and also lot but first we need to convert into fiat. I know that all people know about bitcoin will wait until Bitcoin increase price and their time  will not be wasted
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