Dr.Osh
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May 06, 2016, 02:47:22 PM |
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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. it's up to holders of bitcoin, but it's even better if you buy a house with the symbol bitcoin. I think it's very cool to be seen by people. and maybe they are curious about the bitcoin therefore |
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duts_bg
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May 06, 2016, 02:59:12 PM |
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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.
 In the previous big rise, in China were seling houses, against bitcoins. |
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MingLee
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May 06, 2016, 03:07:12 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. Just look at Donald Trump, owns real estate, made a bunch of money off of owning the properties and having people work to make those properties valuable. As long as there is something that can make a property valuable, it is a profitable investment, especially if you own where a city is bound to expand to in the future. |
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martha5dool
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May 06, 2016, 04:05:56 PM |
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no way you cant buy an house with that amount
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Mr. Big
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While my guitar gently weeps!!!
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May 07, 2016, 03:40:22 AM |
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no way you cant buy an house with that amount
Why not? if he has a big stash with him..OP said that he might withdraw 80 - 90% of his coins.. So that's probably big enough and his condition is "when the price goes up very high"... |
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quintiilieo
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May 07, 2016, 04:37:20 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.
If your bitcoin convertion in fiat can buy a house why not. You should buy your house so that you shouldnt rent anymore. Its better than to have a owned house than renting so that you can earn more in bitcoin. |
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Amph
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May 07, 2016, 05:44:21 AM |
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no way you cant buy an house with that amount
it depend how much high bitcoin will go 1 btc at 50k could already buy you a small house, better to have 10 at 10k, it would be easy to have a bigger house |
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InsideBjorn
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May 07, 2016, 11:45:14 AM |
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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. Than you need also a lot of Bitcoins if you want to invest in a house and of course it is not that bad to make an investment in a house because that is so much worth. And that is nice for the future because you can even have some profit with it and that is nice. |
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expert4knowledge
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May 07, 2016, 05:35:13 PM |
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no way you cant buy an house with that amount
You can buy a house with bitcoin even now but with more than one bitcoin. Now you can buy a house maybe with 100-200 coins. |
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Akupuniard
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May 07, 2016, 06:56:30 PM |
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If house is your goal you can make it real, but if you have better idea how to use your money don't buy a house, it's really simple isnt' it? |
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romero121
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May 08, 2016, 04:38:40 AM |
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If house is your goal you can make it real, but if you have better idea how to use your money don't buy a house, it's really simple isnt' it? As quoted its better to go for a house if its your long time desire. At the same time make sure the investment you do on the house would be really profitable when years pass. |
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Hatuferu
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May 08, 2016, 11:45:27 AM |
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You buy a mansion and put a bitcoin logo so people will recognized you as one of the billionaires from bitcoin. That will happen if you have a good amount coins holding in your wallet now.
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ricardobs
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May 08, 2016, 07:55:18 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.
But bitcoin is also a currency like all other currencies, and yes it is fluctuating like all other currencies, you can notice that all the currencies are fluctuating at some intervals, so there is no any problem to buy a house with bitcoin. |
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Hatuferu
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May 09, 2016, 07:10:08 AM |
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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.
But bitcoin is also a currency like all other currencies, and yes it is fluctuating like all other currencies, you can notice that all the currencies are fluctuating at some intervals, so there is no any problem to buy a house with bitcoin. If you have an amount of bitcoin that can commensurate in buying a house then that would be possible. If the price goes to the moon this coming years we may have a possibility to buy new house or even new cars. That would be awesome if it happens. |
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jossiel
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May 09, 2016, 07:42:30 AM |
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Absolutely go buy a house so that you can your hard work, and you can be proud of it,
that your house was bought with the use of bitcoin. That can convince other people to get into bitcoin.
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Ybalevia
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May 09, 2016, 09:49:20 AM |
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Investing in a house is the best thing that you can do and that is because there are still a lot of people that is getting more Bitcoin so they can also make a bigger investment and that is perfect.
But you need a lot of coins before you are going to make that big investment.
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michietn94
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May 09, 2016, 09:54:08 AM |
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Investing in a house is the best thing that you can do and that is because there are still a lot of people that is getting more Bitcoin so they can also make a bigger investment and that is perfect.
But you need a lot of coins before you are going to make that big investment.
Yes, it's very expensive but it's very worth for your upcoming income WHY ? Because when you've bought the house , you can start your own business by renting house to somebody else. So if you have more bitcoin to spend, you should buy more house to gain more profit |
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Bitcoinbro
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May 09, 2016, 10:26:53 AM |
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Investing in a house is the best thing that you can do and that is because there are still a lot of people that is getting more Bitcoin so they can also make a bigger investment and that is perfect.
But you need a lot of coins before you are going to make that big investment.
Yes, it's very expensive but it's very worth for your upcoming income WHY ? Because when you've bought the house , you can start your own business by renting house to somebody else. So if you have more bitcoin to spend, you should buy more house to gain more profit Indeed this could be a option and with houses it hold their worth mostly the worth of houses will not go down. So its good to invest in a house if you ask me. |
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Lokfar
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May 09, 2016, 02:19:44 PM |
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It would be perfect for you if you can invest in a house and that is because you can sell it even later with some nice profit and that would be perfect for you.
The only thing is that you need a lot of coins with Bitcoin if you want to buy a house.
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rickadone
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May 09, 2016, 02:42:47 PM |
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Absolutely go buy a house so that you can your hard work, and you can be proud of it,
that your house was bought with the use of bitcoin. That can convince other people to get into bitcoin.
I think OP should definitely buy a house even without the price increase of bitcoins. Why? Because house is a necessity, a part of the heirarchy of basic needs. I mean, if bitcoins don't increase in value, he wouldn't buy a house? That's just wrong imo. |
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