If Bitcoin goes up very high should i buy a house?

[Positid]

Wow if you can buy house with bitcoin then just thinking, firstly how much did you invest in bitcoin so that you can earn so much that you can purchase the house with it?
Secondly where you want to buy and how much Bed room you buying it will depend upon that as well.

That is not your concern anymore because the moment we buy a house we will make sure that it is situated in a place where we want to live and to give your a figure 50 BTC could already give you a good house which is  a big one.

50 BTC is more than enough if you are living a simple house, actually we have our own decision in buying a house and that would be easy for us to decide but the main problem now is on our method to earn the abovementioned amount.

[rhed718]

We should do ir our bitcoin is enough to buy a house 50btc is good enough i think, cause owning a house is my  dream. I want to start a family with a house to have more time  in bitcoin cause bitcoin is now a part of my daily life.

[boyptc]

Wow if you can buy house with bitcoin then just thinking, firstly how much did you invest in bitcoin so that you can earn so much that you can purchase the house with it?
Secondly where you want to buy and how much Bed room you buying it will depend upon that as well.

That is not your concern anymore because the moment we buy a house we will make sure that it is situated in a place where we want to live and to give your a figure 50 BTC could already give you a good house which is  a big one.

50 BTC is more than enough if you are living a simple house, actually we have our own decision in buying a house and that would be easy for us to decide but the main problem now is on our method to earn the abovementioned amount.

That's already enough for buying an house. And I think here in my country with that amount.
You can already buy a bungalow house.
And it is always good to invest in real estate.

[pearnapple]

Wow if you can buy house with bitcoin then just thinking, firstly how much did you invest in bitcoin so that you can earn so much that you can purchase the house with it?
Secondly where you want to buy and how much Bed room you buying it will depend upon that as well.

That is not your concern anymore because the moment we buy a house we will make sure that it is situated in a place where we want to live and to give your a figure 50 BTC could already give you a good house which is  a big one.

50 BTC is more than enough if you are living a simple house, actually we have our own decision in buying a house and that would be easy for us to decide but the main problem now is on our method to earn the abovementioned amount.

i doubt that it would be enough of 50 bitcoins, actually if you would like to buy a house right now you would need way much more, if you want to do that with 50 btc then you will have to wait a lot i think

i think you should buy the house if you would have a lot of bitcoins that you wouldnt need for anything else, i think that would be a really great shopping to be honest

[ardentvolcanoes]

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.

Maybe if you really want to buy a house but first you should make sure that the seller will accept your bitcoin as a mode of payment or else you need to convert it into real currency . Me too if ever the bitcoin price will go higher I would buy any stuff that is enough for my coins .

[Hatuferu]

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.

Maybe if you really want to buy a house but first you should make sure that the seller will accept your bitcoin as a mode of payment or else you need to convert it into real currency . Me too if ever the bitcoin price will go higher I would buy any stuff that is enough for my coins .

You don't get the point, we can always convert bitcoins to fiat and there is no problem with that. Just save bitcoins first to buy a house and that should be the best concern for now.

[newcoins1978]

Yeah it would be a good idea to buy a house with the money that you will make with the Bitcoin, the real question is if you are going to make enough money to buy a house.
Houses are pretty expensive so that means that you will have to make a ton of money in order to do so.

[Cyaren]

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 would be cool idea indeed.
To hell with mortgage,better to have it at your own.Anyway if you can really buy house from money out of BTC-you are a smart man indeed,and probably wealthy too
good luck buddy,i hope btc will go over 1000$ so u can do it without any problems

[panju1]

Yeah it would be a good idea to buy a house with the money that you will make with the Bitcoin, the real question is if you are going to make enough money to buy a house.
Houses are pretty expensive so that means that you will have to make a ton of money in order to do so.

The OP talks about Bitcoin going up very high.
If Bitcoin really takes off, we should have enough money to buy a house.

[serjent05]

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.

I think you already answer your question.  You already define your wants.  Worked for the stuff that  is needed to achieve what you want.  I won't say don't buy one, because owning a house is the best stuff in one's life especially if it comes from your hardwork.  So if you have all you need to buy a house in cash, why not? It will save you alot of interest from the agent / company than loan it.

[Serafin Szczepanski]

It highly depends on where you live, where you want to buy that house and what is the current situation in real estate in your country. If buying a house is really what you want, consider buying it in other country - it's especially easy if you live in European Union and you have EU passport/citizenship. There are lot of beautiful places in countries with economical problems, for example buying a beautiful house in Greece in some nice place can be actually much cheaper than buying a house in let's say Berlin suburbs.

Also it's often a good idea to wait till there is a crisis - it always comes. Buying real estate in USA now wouldn't be good idea, but wait a year or two, things can be different and you can safe tens of thousands of dollars simply buying the right time.

[Qunenin]

I think have a home is everybody's dream. I hope so too, hopefully in the future at least bitcoin prices could continue to rise. so for now we will continue to collect bitcoin as much as possible. maybe 10-20 years I can be achieved to buy a house from the bitcoin.

Keeping in view the current trend of bitcoin prices, we can assume that bitcoin price will will so high in next 10 years that the person who has even less amount of BTC can afford to buy his home. So keep saving the bitcoins for the future.

[boyptc]

I think have a home is everybody's dream. I hope so too, hopefully in the future at least bitcoin prices could continue to rise. so for now we will continue to collect bitcoin as much as possible. maybe 10-20 years I can be achieved to buy a house from the bitcoin.

Keeping in view the current trend of bitcoin prices, we can assume that bitcoin price will will so high in next 10 years that the person who has even less amount of BTC can afford to buy his home. So keep saving the bitcoins for the future.

You are right, we can't tell what is going to happen with bitcoin and for sure we are going to harvest it by that time. And we can use it to purchase our dream house.
So you are right, just wait for the price hike of bitcoin for the next years.

[Aproy]

If you want to buy in a village and a smaller house then yes you can buy but if you need a bigger house in the city then for that you will have to support bitcoin for longer and have to wait for longer.

[buyinbtc]

I think have a home is everybody's dream. I hope so too, hopefully in the future at least bitcoin prices could continue to rise. so for now we will continue to collect bitcoin as much as possible. maybe 10-20 years I can be achieved to buy a house from the bitcoin.

thats true, if i had enough bitcoins i would definitely buy a house that would be really luxurious and i would be a rich person then, thats one of the biggest dreams i have in my opinion

[boyptc]

If you want to buy in a village and a smaller house then yes you can buy but if you need a bigger house in the city then for that you will have to support bitcoin for longer and have to wait for longer.

You can do it if you are able to collect a lot of bitcoins and for sure the price of bitcoin is going to rise.
And definitely you must buy your own house so that you can see your investment.
And you have paid it with the use of bitcoin.

[mirakal]

I think have a home is everybody's dream. I hope so too, hopefully in the future at least bitcoin prices could continue to rise. so for now we will continue to collect bitcoin as much as possible. maybe 10-20 years I can be achieved to buy a house from the bitcoin.

thats true, if i had enough bitcoins i would definitely buy a house that would be really luxurious and i would be a rich person then, thats one of the biggest dreams i have in my opinion

Buying a big house is only great when you can maintain it, the fact that it is hard to maintain a house especially when you are not earning on your house it would be hard for you, if I have a good amount to buy a house, I would just buy a simple house and invest the rest with bitcoin.

[Hatuferu]

I think have a home is everybody's dream. I hope so too, hopefully in the future at least bitcoin prices could continue to rise. so for now we will continue to collect bitcoin as much as possible. maybe 10-20 years I can be achieved to buy a house from the bitcoin.

thats true, if i had enough bitcoins i would definitely buy a house that would be really luxurious and i would be a rich person then, thats one of the biggest dreams i have in my opinion

Buying a big house is only great when you can maintain it, the fact that it is hard to maintain a house especially when you are not earning on your house it would be hard for you, if I have a good amount to buy a house, I would just buy a simple house and invest the rest with bitcoin.

Yeah, house could be investment or liability so we need to evaluate first our capacity to do it, and as a real business minded person we have to focus more on things that generates income rather than those who gives use expenses.

[johntred]

If the bitcoin prices keep on rising this way, we can buy a house for surely.

[Sled]

If the bitcoin prices keep on rising this way, we can buy a house for surely.

But the question is, do we have enough bitcoin to buy at least an average house, if you ask me i don't think even the price would reach up to $1k we can't still buy a house with that price. IMO even though you the price is not very high you can still buy house if you have a lot of bitcoin or at least many source of it.