bitcoinhopper
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Bravity is beautiful.
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April 22, 2016, 07:40:43 PM |
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You could buy a house why would you not if you got the money it would be a good opportunity, a house mostly do not lose a lot of worth.
I think if you do it would be good you can also consider it as a investment.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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Yakamoto
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April 22, 2016, 07:47:46 PM |
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Personally, unless Bitcoin is showing a bunch of momentum with its price, I would buy a house to store the value.
A lot of this also comes down to whether or not the house is properly priced, as there is some overvaluing happening recently.
well yeah though if he will make vast amounts of money with bitcoin i doubt that he will care too much about the pricings of itor something like that though thats just my idea in my opinion if i were you i would definitely buy some bitcoins right now and save it up for later in order to be able to buy a house and become a very rich person, i hope this will happen I'm definitely considering investing more after the recent upswing, but I'm hoping it'll dip a bit more, pick up some cheap coins and then hold. If the momentum starts up again, chances are I will buy regardless of what the price is valued at. It all comes down to the momentum of the price. To be honest, buying a second house for a rental property during the time between halvings might not be a bad idea. The rent money would be beneficial long term, but it might cause him to lose out on some Bitcoin investment money. It all comes down to the price. |
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BitcoinBlackjack
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April 22, 2016, 08:52:09 PM |
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Most people save up their entire lives to be able to afford a house. So if you can afford it and you want one, why not!
Just don't forget that a house is an ongoing expense, with maintenance/bills/taxes/mortgage/insurance etc...
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praprata
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April 22, 2016, 09:23:15 PM |
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Most people save up their entire lives to be able to afford a house. So if you can afford it and you want one, why not!
Just don't forget that a house is an ongoing expense, with maintenance/bills/taxes/mortgage/insurance etc...
Yes and even double taxes, so make sure you can buy it and reserve some money for expenses. Normally a budget of around 10% of the house worth will do. Else you can consider renting it if you are out of job. |
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Oscoda
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April 22, 2016, 09:40:50 PM |
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Yes you could buy a house with the bitcoin its for sure a good investment and also the fact that it would be possible is cool right.
I think in the future if the price is good more people will do this.
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NordicRanger
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May 04, 2016, 03:04:25 PM |
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Why not if you have enough money to buy a house you should. Buying a house is never a bad idea because the value of your house can also go up so you can make money of that to if you sell that later on.
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Vaskiy
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May 05, 2016, 04:38:43 AM |
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Why not if you have enough money to buy a house you should. Buying a house is never a bad idea because the value of your house can also go up so you can make money of that to if you sell that later on.
Buying house is to live in peacefully so I don't have an idea to sell it later, but when price rise if I have as much amount to buy a house then my dream is coming true sure I will buy a house. |
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nico16
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May 05, 2016, 09:02:22 PM |
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You should definitely buy a house if that happens. (Of course only if you don't own one already)
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knowhow
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May 05, 2016, 09:49:23 PM |
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Why not if you have enough money to buy a house you should. Buying a house is never a bad idea because the value of your house can also go up so you can make money of that to if you sell that later on.
House is one material thing the most people search and work for it from their lifes and well if you are on the situation to be able to get it just do it bitcoin can drop as can hit biggers ammounts thats why you willing to invest or not those bitcoins you own.If bitcoin reach 900 or even 1000 dollars on the next 3 years you will be hitting yourself as you could do anothers numbers and get another kind of life,its a situation that i would know what to do as well. |
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jakelyson
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May 06, 2016, 03:58:43 AM |
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And I just read the thread about one man selling his house for bitcoins. I will never understand people.
It just means that they trust bitcoin so much that they can risk that much. Anyway, if bitcoin proves to be a good investment, then he could buy a new house on a better location anyway. But, it bitcoin fails, then it will be trouble for him. But I don't think bitcoin will fail. If anything that this past years had shown us, is that bitcoin is going stronger and stronger year after year. |
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boyptc
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May 06, 2016, 04:41:32 AM |
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You should definitely buy a house if that happens. (Of course only if you don't own one already)
It is also good if he will invest into properties and that would be the happiest day of your life. If you buy another house with the use of bitcoin. |
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DuckKeeper
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May 06, 2016, 07:23:08 AM |
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Why not if you have enough money to buy a house you should. Buying a house is never a bad idea because the value of your house can also go up so you can make money of that to if you sell that later on.
Buying house is to live in peacefully so I don't have an idea to sell it later, but when price rise if I have as much amount to buy a house then my dream is coming true sure I will buy a house. Investing in a house will one of the best investment that you can made and that is because a house will never fall in value so that is perfect for you in the future. And if you want to sell it also than you can also earn maybe some profit with it. |
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mindrust
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May 06, 2016, 07:31:47 AM |
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Yes.
Buying a house is the number one investment you should aim. You don't want to spend the rest of your life with your parents, don't you?
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Mr. Big
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May 06, 2016, 07:41:21 AM |
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Yes.
Buying a house is the number one investment you should aim. You don't want to spend the rest of your life with your parents, don't you?
Yeah.. Even if you already have a house, it is advisable to buy a house..it's a very good investment,aside from you will profit from it if you use it in business, real estate and houses price increase each year.. |
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Leonius
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May 06, 2016, 10:46:03 AM |
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Most people save up their entire lives to be able to afford a house. So if you can afford it and you want one, why not!
Just don't forget that a house is an ongoing expense, with maintenance/bills/taxes/mortgage/insurance etc...
Yeah and also you dont have the flexibility to move so easy if you buy. You also can suffer bad neighbours or pick the wrong area for many reasons. Its better to remain flexible if possible. |
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MFahad
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May 06, 2016, 10:47:51 AM |
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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.
Thats a good idea, if you wanna buy a house, you should know the right time when you sure, the bitcoin's price is highest than you need to convert into fiat. and then buy a New house. |
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Leonius
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May 06, 2016, 10:50:41 AM |
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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.
Thats a good idea, if you wanna buy a house, you should know the right time when you sure, the bitcoin's price is highest than you need to convert into fiat. and then buy a New house. New housing seems poorly built these days, i guess it depends where you are. Also seems like they cost more, are smaller and have paper thin walls. |
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Jasad
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= jasad =
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May 06, 2016, 01:04:32 PM |
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
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expert4knowledge
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May 06, 2016, 01:30:51 PM |
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i dont think so,do you think bitcoin enough for buy house?bitcoin price is fluctuate,its not good for you to buy house with bitcoin,i rather to trade bitcoin into money and then buy house with that money,as wise man i will more happy to use bitcoin as investement.
Yes, bitcoin price is not that much for buying a house. However real state investment is generally is a safe investment. |
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Doms
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May 06, 2016, 02:42:58 PM |
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If I had enough btc to buy a house, I might not still do it. I could instead put it into something that would safely earn me modest passive income. Then if I have doubled that, that maybe the time I'll consider buying a house.
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