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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133884 times)
Bestwishes745
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September 12, 2017, 11:13:43 PM
 #1901

It will be very nice to buy a house using bitcoins but I would prefer using the profit I will gain from bitcoin after the price has increased instead of using all of it. That way you would still have an investment on bitcoin that can potentially grow again.
Very well said! Buying a house from the profit which you’ll be getting from Bitcoins or even selling your Bitcoins is not a bad idea. I think that you can think of some other good idea than this, probably investing of more money in Bitcoins in order to have a lot of profit and money at the end.
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carriebee
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September 12, 2017, 11:36:58 PM
 #1902

It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.
I agree with you it depends on the amount of the house that you will buy if it fits in your funds. Personally, I would'nt buy a house I could still save and hold my bitcoin for it to grow my investment. I can still buy a house if I wanted to but more likely I must convert it into fiat.
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September 12, 2017, 11:57:00 PM
 #1903

It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.
I agree with you it depends on the amount of the house that you will buy if it fits in your funds. Personally, I would'nt buy a house I could still save and hold my bitcoin for it to grow my investment. I can still buy a house if I wanted to but more likely I must convert it into fiat.

Buying a big house is my dream, but right now I'm more interested in making business in the real sector first, my dreams will still come true if I develop as many business assets as possible and in the future and hope to enjoy the rewards I also bought a house just from bitcoin and want to focus on enlarging assets for mining rigs, if we have a long-term plan, then we will focus on capital for business first.
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September 13, 2017, 03:59:44 AM
 #1904

It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.
I agree with you it depends on the amount of the house that you will buy if it fits in your funds. Personally, I would'nt buy a house I could still save and hold my bitcoin for it to grow my investment. I can still buy a house if I wanted to but more likely I must convert it into fiat.

Buying a big house is my dream, but right now I'm more interested in making business in the real sector first, my dreams will still come true if I develop as many business assets as possible and in the future and hope to enjoy the rewards I also bought a house just from bitcoin and want to focus on enlarging assets for mining rigs, if we have a long-term plan, then we will focus on capital for business first.
Yeah, in present, I recommend you should saving your Bitcoin, it better than waste your Bitcoin for buy some things or asset stable price like Gold, Real Estate. If you have a look in long-term, you will understand saving your Bitcoin today never make you regret Cool
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September 13, 2017, 07:46:35 AM
 #1905

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.
Buy a house with bitcoin,sure  a house is worth a lot,but making a mistake is what I think you are doing here,like if you wait for a few more years,god knows maybe you can buy one house for one bitcoin(sounds ridiculous but you never know). What I am trying to prove here is that you can wait for a few years and then think of buying your house using bitcoin.
Yeah, you can go for buying a house as prices have gone so up. In fact you can go for anything you love to like going for world tour, investing in different countries or buying different things for yourself. You can support your family more efficiently when prices of bit coins are high. Good luck.
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September 13, 2017, 03:12:32 PM
 #1906

Obviously,  yes
Me too, my answer is yes. Buying a house is one thing I will like to do once I get enough money, maybe not from Bitcoin, but anyhow. I hate living as a tenant and having to pay the landlord every time, it’s better to build your own at once and have peace of mind, if you can.
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September 13, 2017, 05:31:55 PM
 #1907

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.

Hows that house? Smiley
It depends on the rate and the value of the bitcoin in your country if it is high and you will use it then you can buy a house. The price of the bitcoin is not same everywhere at some areas you can buy a house with one bitcoin only but at some places you can’t buy even with more than 20 bitcoin so it depends on the price and the value of the bitcoin at that are where you want to buy house.

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September 14, 2017, 06:46:47 AM
 #1908

It depends on you sir because you can actually buy a house with BTC. Or, you can also keep it because if we look at value of BTC, it's noticeably surging all the time so it's better to just keep it until you will notice that its value is decreasing.
I will agree to your logic of reasoning. It is better to keep your Bitcoins at the time when the prices are going up and hold it for more and more profit instead of just buying a house. Buying a house is not a bad option, but it will not help you in earning more profit and more money. You need to make the best use of your Bitcoins.
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September 14, 2017, 07:50:02 AM
 #1909

You should if you have that much bitcoins i think it is a great investment because you invested in bitcoin and then when it went high then you selled it to buy a house and live in it an extra

investment would be that you let other people live in it and the pay you rent.
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September 14, 2017, 08:10:56 AM
 #1910

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.

It is possible that you can buy it if you can not afford the money, if you know how to accumulate? You will be able to do it especially when the bitcoin's life span lasts up the amount it gives up, not just you? not even me? But for all of us who use it Smiley. If you have little bitcoin use? and do you remember what you should and can not do? Can you afford to earn a good amount of money in one day? And when you know how to save money, you can afford to buy a house using your patience. Keep it up a nice good work Wink.
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September 14, 2017, 08:27:17 AM
 #1911

You should if you have that much bitcoins i think it is a great investment because you invested in bitcoin and then when it went high then you selled it to buy a house and live in it an extra

investment would be that you let other people live in it and the pay you rent.
Actually it something you must buy once you have enough bitcoin or any altcoin to buy it since it's one of things that humans need. Since bitcoin is a currency or online money then you must consider buying a house, a car, and make a business once you have enough bitcoins.
Just like what you've said, bitcoin is an investment where you can get some money to buy things you really need.

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September 14, 2017, 09:03:55 AM
 #1912

If you invested enough in bitcoin and think you can afford a house, yes why not. But you should think like this: do you think have enough money to keep living in that house or do you need to work even harder?.
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September 14, 2017, 09:09:50 AM
 #1913

As the price at 2015 has even tripled in 2017, if you have invested a huge amount of bitcoin and hold it until this days. You can't just buy a house, you can even buy a mansion with those bitcoin. That is exactly what to those stories of luck that has been circulating around this forum for many months. Our fortune depends on luck and passion towards something we believe in.
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September 14, 2017, 02:39:22 PM
 #1914

As the price at 2015 has even tripled in 2017, if you have invested a huge amount of bitcoin and hold it until this days. You can't just buy a house, you can even buy a mansion with those bitcoin. That is exactly what to those stories of luck that has been circulating around this forum for many months. Our fortune depends on luck and passion towards something we believe in.

It is possible that you could buy a house if bitcoin become high in value, given that you have a high rank it will be easier for you to achieve your goal. you could also increase your  earnings by trading or investing.

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September 15, 2017, 04:20:23 AM
Last edit: September 22, 2017, 09:26:18 PM by Nameless27
 #1915

As the price at 2015 has even tripled in 2017, if you have invested a huge amount of bitcoin and hold it until this days. You can't just buy a house, you can even buy a mansion with those bitcoin. That is exactly what to those stories of luck that has been circulating around this forum for many months. Our fortune depends on luck and passion towards something we believe in.

It is possible that you could buy a house if bitcoin become high in value, given that you have a high rank it will be easier for you to achieve your goal. you could also increase your  earnings by trading or investing.

I would say you were right half of it, if the value is a high and you hold before or few years back you gain a profit 3 - 4 times this past few weeks when the price is on 4900$. But being a high ranked is nothing to do with how lucky we are in bitcoin. I've seen much more potential newbies here than I am. They have the skills that more profitable than any high ranking member we have. So it is the ability of someone how he would earned a fortune.
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September 15, 2017, 06:57:48 AM
 #1916

When bitcoin rises high, each person can buy himself whatever he wants. Buying real estate is the most necessary for many owners of coins who dream of getting rich.
Indeed! You can buy whatever you want with bitcoins provided the seller is aware of this latest type of currency. It would be easier to make a deal then but if he is not accepting bitcoins, no worries at all. There is option of converting bitcoins into fiat. I am myself hoping of buying an apartment with bitcoins.

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September 15, 2017, 10:22:43 AM
 #1917

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.
If bitcoin rises high, I will donate to people who need money, so they receive the results of botcoin ...
That’s so generous of you. I hope we all can understand each other’s problem and keep helping one another to reduce our pains. Indeed we should share our earnings with those who are badly deprived of money. Let’s all join hands to help needy people around the world, only this way we can help bitcoins for eradicating poverty from the world.
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September 15, 2017, 01:04:43 PM
 #1918

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.
If bitcoin rises high, I will donate to people who need money, so they receive the results of botcoin ...
That’s so generous of you. I hope we all can understand each other’s problem and keep helping one another to reduce our pains. Indeed we should share our earnings with those who are badly deprived of money. Let’s all join hands to help needy people around the world, only this way we can help bitcoins for eradicating poverty from the world.
Currently this world need peoples like this because we have very less peoples with this thinking its good opportunity to understand and share problems with peoples who have nothing and need too much intention from us some NGO's working on this cause but still need too many peoples in this cause hope you will one of them
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September 15, 2017, 01:26:16 PM
 #1919

It would be nice if you can buy a house with Bitcoin of course because if people are going to make an investment than the best investment that you can make is a house and that is nice. But of course you have to need a lot of coins or the value must rise for a long time to buy it.
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September 15, 2017, 02:21:12 PM
 #1920

yes of course to get all that takes time and the maximum effort to be able to achieve it, and I believe with the investment in Bitcoin of course you will have a greater chance to be able to realize all your expectations
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