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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133940 times)
Hatuferu
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June 08, 2016, 09:08:02 AM
 #721

Not really. Buying a house isn't that good of a decision to make, especially when you know that another debt crisis is going to strike soon. Take for example, the 2008 debt crisis. Thousands lost their homes and the price of houses plummeted.

I'd rather just keep that bitcoin, or try enjoy yourself with the bitcoins you've got. You might also invest in something else with those bitcoins.

If there is some sort of large scale crisis or recession, similar to the one in 2008-09, then the only risk-free investment is going to be bullion (gold, silver, platinum, palladium.etc). Every other type of investment is risky, including bank deposits. Unfortunately, Bitcoin is one of the most riskiest investments. In case of a recession, people will flock to safer options such as gold, thereby causing devaluation for Bitcoin.
I agree in your statement, but if you try to analyze safe investment only offers us a little profit and most of the time it requires huge investment to earn a considerable amount of interest or profit. With the current state of the people, we are in crisis and we don't have that much to invest, and since bitcoins is still at an early stage and has a great potential to grow in the future, I think investing today is a good idea.

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June 08, 2016, 09:12:02 AM
 #722

Well man in your case you should buy a house to lessen your expenses and save up more money.  Grin

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June 08, 2016, 03:07:21 PM
 #723


Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Still, it's an investment even when you do all the fixtures, it is still a investment, house and lot price increases year by year, so your money is still moving. you could let someone rent it to profit, and it is almost a lifetime investment for the security of your family. From your wife up to your grand children, they could benefit from your house. So, if the price would really go high and you have enough bitcoin, grab the chance to buy a house if you see one.
That should be nice if that is possible if you can make that much Bitcoin with it but it can takes also a long time until you have a whole one so that is nice.
But of course it wont be that easy to earn some more money with it because it takes a long time until you can buy it.
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June 09, 2016, 02:52:51 AM
 #724


Actually a house is not an investment but it is a liability because you pay for all the maintenance of your house and it does not bring income into you, but as human we need a shelter enough for our family to live a comfortable life. If bitcoins price is very high and I earn a lot from my investment then maybe I should consider buying one.

Still, it's an investment even when you do all the fixtures, it is still a investment, house and lot price increases year by year, so your money is still moving. you could let someone rent it to profit, and it is almost a lifetime investment for the security of your family. From your wife up to your grand children, they could benefit from your house. So, if the price would really go high and you have enough bitcoin, grab the chance to buy a house if you see one.
That should be nice if that is possible if you can make that much Bitcoin with it but it can takes also a long time until you have a whole one so that is nice.
But of course it wont be that easy to earn some more money with it because it takes a long time until you can buy it.
It is still depends on the people on how they treat the house, businessman usually treat house as liability and they never really receive income from it. Sometimes they are just contented to live in a small house but a comfortable one and rather use their money to invest in businesses.

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June 09, 2016, 03:28:15 AM
 #725

Well man in your case you should buy a house to lessen your expenses and save up more money.  Grin
I guess buying a house will really help to lessen your monthly expenses if you are just renting a dorm or an apartment for sure you will save a big amount of money from it.
And it is a good feeling when you bought your own house by using bitcoin to it.


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June 09, 2016, 07:37:08 AM
 #726

Well man in your case you should buy a house to lessen your expenses and save up more money.  Grin
I guess buying a house will really help to lessen your monthly expenses if you are just renting a dorm or an apartment for sure you will save a big amount of money from it.
And it is a good feeling when you bought your own house by using bitcoin to it.
That is true, if you are renting then you better consider thinking of buying your own house as when you stay renting for a longer time then you could already bought a house with the rent you expense. House is very important right now as it is really good to have your own home and stop renting anymore.

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June 09, 2016, 08:11:19 AM
 #727

I is a good idea to buy a house with your Bitcoin money because if you work besides that you can save allot more money if you do not have to pay for your house anymore.
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June 09, 2016, 01:45:53 PM
 #728

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
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June 09, 2016, 02:15:50 PM
 #729

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.

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June 09, 2016, 02:54:21 PM
 #730

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.
I think I will do the same thing, surely it would be really cool. because we can buy from bitcoin, and surely people will be wondering, what is bitcoin and it could make its users more
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June 11, 2016, 03:19:42 AM
 #731

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.
I think I will do the same thing, surely it would be really cool. because we can buy from bitcoin, and surely people will be wondering, what is bitcoin and it could make its users more

Yeah not many people who selling their homes are aware of the bitcoins. you either have to teach them about the bitcoins first and then buy the house in bitcoins  or you may convert your bitcoins .in your local currency first.









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June 11, 2016, 08:56:15 AM
 #732

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.
I think I will do the same thing, surely it would be really cool. because we can buy from bitcoin, and surely people will be wondering, what is bitcoin and it could make its users more

Yeah not many people who selling their homes are aware of the bitcoins. you either have to teach them about the bitcoins first and then buy the house in bitcoins  or you may convert your bitcoins .in your local currency first.
Let us just simplify the situation and don't think that the seller of the house will accept bitcoins, the thing is how can we buy a house when we don't have bitcoins even if the price will go high. We should start already saving now if we want to achieve our goal of buying a house in the future.

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June 11, 2016, 08:59:37 AM
 #733

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).

Well proud to be an house owner and bought it by means of bitcoin. That's a good idea but for me, I won't put any sign on it.
I want it simpler, and definitely all of us wants to buy an house even if it is not because of bitcoin.
But buying it with bitcoin is really a great achievement.


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June 11, 2016, 09:18:27 AM
 #734

If i can buy house using bitcoin i will make a sign of bitcoin in the front of my house to be saying im proud that this house are buy using this currency (bitcoin).
It is a good move of showing you appreciation to bitcoins, me either would probably do that if I will become rich someday. For me it is like advertising bitcoins and that would be my way of extending help to the community.
I think I will do the same thing, surely it would be really cool. because we can buy from bitcoin, and surely people will be wondering, what is bitcoin and it could make its users more

Yeah not many people who selling their homes are aware of the bitcoins. you either have to teach them about the bitcoins first and then buy the house in bitcoins  or you may convert your bitcoins .in your local currency first.
Let us just simplify the situation and don't think that the seller of the house will accept bitcoins, the thing is how can we buy a house when we don't have bitcoins even if the price will go high. We should start already saving now if we want to achieve our goal of buying a house in the future.

Well who knows maybe the seller is bitcoin user also surely he will accept bitcoin as payment knowing bitcoin is spreading globally theirs no doubt we can see people are accepting bitcoins for todays payment and truly we can buy a house with bitcoin if we are holding big volume of btc in our wallets and for this current price well sure not only house we can buy and also a lot.

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June 11, 2016, 09:48:26 AM
 #735

Why not! I mean, bitcoin is not a tangible asset, it is all virtual. So it is always a good idea to invest bitcoin money to something real life appreciating asset.

real estate has always been a good investment for decades and if you are able to buy a house using your bitcoin, please go ahead and make the most of it.

A house is a big investment and also an appreciating investment. You can sell your house anytime with a good return. Go ahead!

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June 11, 2016, 09:52:35 AM
 #736

I is a good idea to buy a house with your Bitcoin money because if you work besides that you can save allot more money if you do not have to pay for your house anymore.

Well that would be the one of your successful day if you every buy your house using bitcoin. And people who are your neighbors will not going to believe that if it happens.

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June 11, 2016, 12:54:48 PM
 #737

I is a good idea to buy a house with your Bitcoin money because if you work besides that you can save allot more money if you do not have to pay for your house anymore.

Well that would be the one of your successful day if you every buy your house using bitcoin. And people who are your neighbors will not going to believe that if it happens.
I hope someday we can achieve that dream, as of now my earnings from bitcoins will just let me buy some gadgets and appliances and buying a house would be a major improvement in my part. I am still patiently saving my bitcoins for the future as I want to grow with bitcoins in the future.

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June 11, 2016, 01:18:29 PM
 #738

Well man in your case you should buy a house to lessen your expenses and save up more money.  Grin
I guess buying a house will really help to lessen your monthly expenses if you are just renting a dorm or an apartment for sure you will save a big amount of money from it.
And it is a good feeling when you bought your own house by using bitcoin to it.
yeah see house prices continue to rise each year would be good also for your investment. if you could buy a house now. this time I also have plans to buy a house in a housing. and I bought it with the help of bitcoin. yeah you knwo bitcoin prices rose sharply and it made a big advantage for me


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June 12, 2016, 02:13:32 AM
 #739

Yeah buying a house can be a good idea off course Cheesy and rest with rest of your money you can invest in some company for shares Cheesy
good luck ! Smiley

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June 12, 2016, 02:55:27 AM
 #740

Finally a house is only one thing more that  you can buy if that happen.
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