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groll
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July 28, 2016, 08:43:00 AM |
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If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money.  Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high. We're not really going to tell him what to do, but I'd give him my opinion at least. It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity. But i think that he need a house more than other things, so he is asking us. But main thing is that if you have a lot of bitcoins in this time than in future bitcoin would be high price so sure you will buy a new house. Otherwise you can't buy a house than do any other investment. Because we can use bitcoin in a various ways. Yes it is a risk that you should take and that is to wait for the bitcoin to increase before the author buy a house. And I agree with you that the author should buy a house in the future if he can afford to. He must not live in the slavery of rent and paying monthly bills. To set himself free from from this unwanted condition and live comfortably he should buy a house of course. |
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mirakal
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July 28, 2016, 11:19:15 AM |
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If you want to, then you should buy a house. I'm certainly not going to tell you what to do with your money. Well, op was asking if it's a good idea to buy a house with his bitcoins when the value goes up very high. We're not really going to tell him what to do, but I'd give him my opinion at least. It really wouldn't be bad to buy a house with your bitcoins. In fact, I think it would be a great idea since you are to use your earnings to something that's going to be of any worth, and it's part of a basic necessity. But i think that he need a house more than other things, so he is asking us. But main thing is that if you have a lot of bitcoins in this time than in future bitcoin would be high price so sure you will buy a new house. Otherwise you can't buy a house than do any other investment. Because we can use bitcoin in a various ways. Yes it is a risk that you should take and that is to wait for the bitcoin to increase before the author buy a house. And I agree with you that the author should buy a house in the future if he can afford to. He must not live in the slavery of rent and paying monthly bills. To set himself free from from this unwanted condition and live comfortably he should buy a house of course. House is the necessity because that would shelter our family, even if the price of bitcoin will not rise we should consider buying a house as soon as we have the budget. If you could save your earnings that would be better so you can but a house, do not rely your needs in the future of your investment. |
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NorthPixel
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July 28, 2016, 02:35:23 PM |
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In a few years, when the bitcoin price becomes $10,000. I will use the bitcoin to buy a house and have good life.
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pearl11
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July 28, 2016, 02:45:22 PM |
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well it is your money i guess other people shouldnt tell you what to do with it and of course it also depends on how much it would go up.
Do what you want with your money,its up to you whether you use it in good or bad ways.
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dmarine
Member
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Activity: 70
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July 28, 2016, 03:14:14 PM |
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If you need it atm it's a good investment, it depends on the individual situation and plans.
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goldcoinminer
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July 28, 2016, 03:21:07 PM |
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well it is your money i guess other people shouldnt tell you what to do with it and of course it also depends on how much it would go up.
Do what you want with your money,its up to you whether you use it in good or bad ways.
But even if that is your money but you also need to be careful in buying a house as that would not be good in some cases, if you already have a house now and you just buy a new house because your investment in bitcoin has profited, you need to consider that the house you bought would give benefits on you, like you will rent it to receive income. |
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Bitcoin Market
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July 30, 2016, 08:11:49 AM |
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If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.
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Ziskinberg
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August 01, 2016, 02:36:24 AM |
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If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.
100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man. |
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dunfida
Legendary
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Activity: 3080
Merit: 1130
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August 01, 2016, 04:17:20 AM |
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If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.
100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man. You wont probably to see that price you are expecting, yes you are right 100x of current price takes time to achieve that price. And that time you would be dead already as he said.  If youre holding many bitcoin then it rises 3x of the current price its still a good amount that you can buy such properties and assets i guess. |
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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August 01, 2016, 05:17:55 AM |
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If the bitcoin rises to 100 times the current price, I will start to use more of my bitcoins to purchase things.
100 times is too much of a prediction and you will wait forever before you can see that price, if for example the price will just increase at least 100% with the current price then you have to wait for 100 years before you can get the reward of your investment and by that time you are already a dead man. You wont probably to see that price you are expecting, yes you are right 100x of current price takes time to achieve that price. And that time you would be dead already as he said. If youre holding many bitcoin then it rises 3x of the current price its still a good amount that you can buy such properties and assets i guess. Our speculation should be realistic in order for us to succeed in the future, I believe we can still achieve a good price despite the price is falling back now, for me that is just a normal fluctuation and if really we are increasing in volume it won't take long to see the price back to its stable price. |
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deadsilent
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August 01, 2016, 05:51:31 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.
Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house |
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boyptc
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August 01, 2016, 06:29:23 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.
Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house That is going to be a dream come true if you are going to buy your own house with the use of bitcoin. And that is the most precious investment that you can have with bitcoin. And even with that 10 bitcoin here in my country that is going to be a good amount for having your own house. It is just going to depend on the materials you are going to use. |
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sobsitesearch
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August 01, 2016, 07:28:44 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.
Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house That is going to be a dream come true if you are going to buy your own house with the use of bitcoin. And that is the most precious investment that you can have with bitcoin. And even with that 10 bitcoin here in my country that is going to be a good amount for having your own house. It is just going to depend on the materials you are going to use. It also depend of how much your investment that will be the basis of your profit and if you enough bitcoin do not hesitate to buy a house that is the best investment you have in your life that you can give it to your child. |
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betlord90
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August 01, 2016, 10:58:26 AM |
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Yes we should but if you have a bitcoin now why you should wait that time if you can buy now using bitcoin. You must see how many bitcoin you have now for example you have 20 bitcoin right now do you have wait that bitcoin reach your desire price? For me i do not wait that time i convert it to buy a house because 20 btc is enough to build a house.
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carlfebz2
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August 01, 2016, 11:12:31 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.
Yeah, you should buy a house rather than renting apartment. If your bitcoins are enough to buy a house then do it. If bitcoin rises its value to $1000 a piece. If you have 10 btc, thats enough to buy a house. Not that luxurious but you can call it your house That is going to be a dream come true if you are going to buy your own house with the use of bitcoin. And that is the most precious investment that you can have with bitcoin. And even with that 10 bitcoin here in my country that is going to be a good amount for having your own house. It is just going to depend on the materials you are going to use. It also depend of how much your investment that will be the basis of your profit and if you enough bitcoin do not hesitate to buy a house that is the best investment you have in your life that you can give it to your child. You could buy a house and you are right it depends on how much bitcoin do you save recently, and if you have enough bitcoins then the price goes to the moon then, you could definitely buy a house, its better to buy a house as you have already an asset than to buy or spend on those useless things. |
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GamingBro
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August 01, 2016, 11:57:22 AM |
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House it is a good pruchase , but if you have doubts, don't doing it because your choise can make huge impact on your future life, i think that better to wait a bit.
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NorthPixel
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August 01, 2016, 12:10:35 PM |
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The reason I invested in the bitcoin is to use it in the future. I will spend the coin to enjoy good life later.
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shane
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August 01, 2016, 02:13:28 PM |
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House it is a good pruchase , but if you have doubts, don't doing it because your choise can make huge impact on your future life, i think that better to wait a bit.
I think there is no doubt for people to have a house, because this is the future assets, and also every year house prices will always increase. so the sooner the better, and do not need to hesitate. |
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ontrackk
Sr. Member
Offline
Activity: 336
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 01, 2016, 03:00:48 PM |
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In a few years, when the bitcoin price becomes $10,000. I will use the bitcoin to buy a house and have good life.
well bitcoin might not even grow to such huge heights as pretty much anything might happen with the price, in my opinion though if you would have a possibility then you should buy it |
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Maesters1-
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August 01, 2016, 03:12:28 PM |
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In a few years, when the bitcoin price becomes $10,000. I will use the bitcoin to buy a house and have good life.
well bitcoin might not even grow to such huge heights as pretty much anything might happen with the price, in my opinion though if you would have a possibility then you should buy it buy i think it depend on 2 things the first that how much you have invested in bitcoin and the second is that where are yo going to buy a house, and what is the value of the place where you are going to buy a house, some areas are consider as commercial having very high price where you even cannot think about to buy a house was as some distance areas are considerable cheap and you can easily afford house there, |
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