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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133942 times)
mornabo
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May 21, 2017, 11:56:39 AM
 #1561

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.
Lol i think whatever you want could have come true. One thing that is key is that you focus on what you want to achieve. If you focus like want to buy a car. I'm sure you will definitely make a full effort to work and earn money to buy it
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May 21, 2017, 12:40:58 PM
 #1562

House with bitcoins let's do it. It is always a good idea and yes mortgage would be bad idea or let's just skip it as you will have to repay all the interest and all. The tax would be taken from your bitcoin already so you don't have to pay it again in USD. I'm hoping you would do that when the price hits to 3000 dollar. That would be just profitable home ever.
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May 21, 2017, 12:48:50 PM
 #1563

House with bitcoins let's do it. It is always a good idea and yes mortgage would be bad idea or let's just skip it as you will have to repay all the interest and all. The tax would be taken from your bitcoin already so you don't have to pay it again in USD. I'm hoping you would do that when the price hits to 3000 dollar. That would be just profitable home ever.
I am not interested on buying a house using bitcoin as I feel it could be safer for me if I will use our local money to buy a house, what is my goal now is to see a bigger value that will lead to the increase of my money, then the right timing will come that I can buy my own house.


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sportis
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May 21, 2017, 01:06:07 PM
 #1564

Not just a house I want to buy, but the latest 2-door sports car, I would buy the apartment and make love with many women, patience is the thing we have to do because when the prices rise makes us be tempted to sell it.

Buy a house is very nice plan, because that is for a life us be better with having house.
But, we are don't know when the Bitcoin price will go up due to the Bitcoin value is volatile.

Actually we all know that today is the best time to buy bitcoin since Japan accepted it and adopted it. Next month Australia will also adopt bitcoin as a form of payment in exchange for goods and services in their country. Thus if we buy now we will experience more price spike and possibly it will hit by 3k or 5k $ by the end of the year. If you buy more bitcoins now then by next year you can buy a house.

Nobody knows if bitcoin price soars or will crash. Investors always have to think about it even though all bitcoin holders pray for the best. Therefore, if someone has a big bitcoin stash maybe could diversify it so as to mitigate the risk.
babsalt1975
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May 21, 2017, 01:29:01 PM
 #1565

Op has a very good dream-that of owning a house. In fact everyone would dream to have his/her own house and avoid the stresses of agents/landlords. It will all depend with the amount of bitcoins that you are holding right now. I can assure you that 1 bitcoin will not buy you a house ( i dont know which part of the universe you reside). Even with the cheapest houses, 1 bitcoin will not buy one. But if you have more than 10 bitcoins, Man, you can get that dream house that you want. Go for it and save the other bitcoins to buy a sports car.
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May 21, 2017, 02:24:56 PM
 #1566

Depends if the the bitcoin price really hit the price of half of bitcoin or maybe the price right now and you had already tons of bitcoin then ask the seller to accept your payment or much better if he already knew about bitcoin so he would accept that instantly.

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May 21, 2017, 03:39:43 PM
 #1567

Follow what your heart desires. Yet never forget your instinct as well. If you think that btc price would still go so far then save it and wait a lil bit longer but if not then go for safe play and buy a house but if you take risk and succeed then maybe you just have to spend 50-60% of your fund instead of 80-90
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May 21, 2017, 03:55:18 PM
 #1568

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.
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May 21, 2017, 09:12:54 PM
 #1569

It all depends on you. If you need a house and the real estate market in your area isn't already pumped to the sky, then why not? You can also choose to buy just started companies if you think they have a very high potential of succeeding.

Probably if he is holding 25 bitcoins or more he can now buy his own dream house. And if I'm going to buy my own house, I'm the one that will look for a nice place so that I can still keep on doing bitcoin trading and together I can monitor that type of business that I'm going to build up with that house. For sure many did bought their own home here.

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radjie
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May 21, 2017, 10:10:38 PM
 #1570

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.
Yes, I think that's the best way to do it.
With soaring bitcoin price rises so that it could be the same as home market prices, We better buy a house than we have to buy other goods because home is one of the best investment for the future, we can sell it back in the future with a higher price.
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May 22, 2017, 05:17:46 AM
 #1571

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.
Yes, I think that's the best way to do it.
With soaring bitcoin price rises so that it could be the same as home market prices, We better buy a house than we have to buy other goods because home is one of the best investment for the future, we can sell it back in the future with a higher price.
Real estate investment is the best investment that you can do in real life because it is very easy to manage and you don't need to worry about getting a lower value for your house each year because it is opposite to the reality. If you will buy a house now and serve it as an investment then after at least 10 years the price was already tripled or even more.
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May 22, 2017, 06:28:50 AM
 #1572

I think you can but just anything if Bitcoin reaches a price that you're satisfied with and proceed to sell your coins. It doesn't necessarily has to be a house but anything you can remember Bitcoin for.
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May 22, 2017, 10:45:22 AM
 #1573

If you really are in need of a house then why not. And if you already have enough btc which can afford a house then you can.I think you invest your btc first before deciding on buying a house, just saying. God bless!

its not just if you need a house. real estate is a good investment in the real world. one that never goes out of demand. so I agree, if you have enough btc, it would be a great idea to find a house to purchase in btc and go for it. and with btc's surge nowadays and how people are becoming aware of how it works, it would be easy to find one

 
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Hypnosis00
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May 22, 2017, 11:12:42 AM
 #1574

Yes, you should buy a house because that is worth to spend your bitcoin because that is when you will enjoy your life and you will not be worry about having a good house because the price of bitcoin now is enough for you to buy a house if you have at least 10 bitcoins in your bitcoin wallet. Just buy a house and save the left amount or invest it.
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May 22, 2017, 11:17:42 AM
 #1575

Yes, you should buy a house because that is worth to spend your bitcoin because that is when you will enjoy your life and you will not be worry about having a good house because the price of bitcoin now is enough for you to buy a house if you have at least 10 bitcoins in your bitcoin wallet. Just buy a house and save the left amount or invest it.

I think in our country, that 10 bitcoins is really enough, for some it is too much for a house, 5 bitcoins here in our country is now over half a million, and you can build a big and good house out of it. But if you have a 10 bitcoins, that is really good because you can build a luxurious house, maybe you can still add up a car and invest the rest. Bitcoin's price are really high now.
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May 22, 2017, 11:29:59 AM
 #1576

Yes why wait longer secure yourself some shelter for you and you family!
Do not get to greedy and set an even higher price than what it is now to get your dream house
Act now before prices start to drop or something. See you in your new house
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May 22, 2017, 11:31:36 AM
 #1577

Offcourse why not. It is your money, you can do whatever you want with it. Buying a house is a good decision. House is an asset. In future you can sell it for better price. The most important thing is you need a house as you stated without mortgage. So yeah you should if you had that much bitcoin.
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May 22, 2017, 11:44:27 AM
 #1578

Sure you can go ahead and buy a house if you have bought bitcoins stocked up in your wallet. It's just like any legal tender you're not restricted as to how much you can use or hold at any moment in to. It depends on how much you're privileged to have in possession.
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May 22, 2017, 12:45:48 PM
 #1579

With the way BTC is going now, what I own will soon be able to pay for the basement of my future house. The most expensive single item is the plot, that alone is worth more than 65BTC.
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May 22, 2017, 01:13:05 PM
 #1580

Yes why wait longer secure yourself some shelter for you and you family!
Do not get to greedy and set an even higher price than what it is now to get your dream house
Act now before prices start to drop or something. See you in your new house
yes , find a safe heaven . keep investing in bitcoin are indeed always be a good idea , but there should be a break to prevent some unexpected losses as bitcoin itself a high risk investment when properties are far more safe , lower risk investment right?

there is no harm to do that if you feel insecure , and keep your earning to bitcoin to invest in it.

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