rathaha10
Full Member
 Offline
Activity: 616
Merit: 108
io.ezystayz.com
|
 |
September 12, 2017, 09:25:23 AM |
|
Why not ? If bitcoin prices will go up. I would also sell all my bitcoins, and then buy expensive things. This is normal behavior. You can also save your bitcoins though.
You must first transfer your bitcoins to euros or dollars. Which of them do you want ?
|
|
|
|
|
djablom1
|
|
September 12, 2017, 09:29:34 AM |
|
If you have enough bitcoins to buy a house i would do it it is also an investment to buy a house you first invested in bitcoins and now with that you are investing in a house but i would keep some
because if you buy a house and have problems in the future you can clear them with the bitcoins you have left.
|
|
|
|
|
Epimetheus
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
September 12, 2017, 10:36:27 AM |
|
I would say it is a pretty stupid decision to trade your investment which is paying you for a house which will not pay you a thing as you have to pay taxes every year on that house and it's value will not grow that much as compared to bitcoin.
|
|
|
|
|
|
BitSat
|
|
September 12, 2017, 11:35:08 AM |
|
I would say it is a pretty stupid decision to trade your investment which is paying you for a house which will not pay you a thing as you have to pay taxes every year on that house and it's value will not grow that much as compared to bitcoin.
I agree with you because if you are going to buy a house then you are going to accept many problems and taxes with bitcoins you are going to stay safe just keep eye on market and take your profit regularly buying house is not going to give you any thing like this you are going to stuck with your investment and its not going to give you cash as you require urgently |
|
|
|
|
Zoomber
Newbie
Offline
Activity: 29
Merit: 0
|
|
September 12, 2017, 11:43:28 AM |
|
If bitcoin's price reaches an amount where it is enough to buy a house, I'd go for an apartment-type building. With that, I could still make my earnings earn even more passive income. A house is not really an investment but more of reward to our hard work and to have a roof we could call our own. But if you are into real estate business, buying and selling house with bitcoin could make you even richer.
|
|
|
|
|
|
LordDisick
|
|
September 12, 2017, 02:12:35 PM |
|
I would also buy a new house if i have enough bitcoin in my wallet. But I need to convert it first to fiat because here in our country we cant build or buy a house using bitcoins. A house is a necessity to every human so i think its a good investment to buy a house.
|
|
|
|
|
|
kucritt
|
|
September 12, 2017, 02:33:19 PM |
|
yes you can buy a house that you want, you can buy a car that you want and all that you want, but dont be greedy its mean that if you want it now so sell it now, and no regret if bitcoin price is higher than before  |
|
|
|
david123
Legendary
Offline
Activity: 1022
Merit: 1004
|
|
September 12, 2017, 02:35:55 PM |
|
I would also buy a house but don't convert all of your bitcoins to fiat, regardless of the exchange rate at the moment. There is always the possibility that btc will be worth many many times the amount of today, so if you buy a house now and spend all your coins you may miss the chance to become a multi-millionaire one day  |
|
|
|
|
|
onetwostep
|
|
September 12, 2017, 02:42:44 PM |
|
Ofcourse you can buy a house or villa You can buy everything if you hold too much bitcoins till that time. |
|
|
|
Kim Domingo
Full Member
Offline
Activity: 208
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
September 12, 2017, 02:43:26 PM |
|
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 will be possible to pursue your dream of buying a house with bitcoin since the price rate of bitcoin the current time is really wonderful due to the fact that it is fast rising as time passes by enabling us users to purchase anything that we want. The only problem is if you can find a retailer that will accept bitcoin as a term of payment. |
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈ █
█
█ |
|
|
|
dalek
|
|
September 12, 2017, 02:54:08 PM |
|
If your funds are enough to get a house then why not go for it ? As you'll have your own place that no one can kick you out from and no landlord will make your life hell every 1st day of the month or wherever you throw a party at your place .
You'll spare yourself rent also , and if you travel you can rent it qnd gain some money .
Having a real estate property is a great investment because that is one of the way to have a stable income and offering renting service for that house will give you consistent income per month and you can live for free if you have enough real estate properties or investment that is generating income for you every month. Moving money from bitcoin to real-estate is less appropriate. Considering returns available from the real-estate are pale compared to the bitcoin returns. Even now bitcoin has better chances of getting more returns than the real estate. Buying a house with bitcoin is good idea if person wants a house to live in. Right... If somebody wants to live in it, is ok though. Meanwhile I think he can also cash out some high percentage and then allow the rest to keep appreciating again. From the look of things, I think he invested a very long time ago so he can cash out some and do other gains rather than just leaving it there. Meanwhile, the reason people get into investment is to have plenty money and keep moving and investing in other things. Correct! Moving investment from one tool to other is indeed important. Same thing mutual funds do. Here important part is moving investment to more profitable instrument is correct, given the situation, moving bitcoin to real estate is tedious compared to moving bitcoin to dollar. Why we moving our Bitcoin to Real estate is tedious? I think do that can helps us create a passive income and it better than Dollar while FIAT always decreases value and the demand buy Real Estate increases every year. |
|
|
|
|
carlisle1
|
|
September 12, 2017, 03:11:41 PM |
|
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 will be possible to pursue your dream of buying a house with bitcoin since the price rate of bitcoin the current time is really wonderful due to the fact that it is fast rising as time passes by enabling us users to purchase anything that we want. The only problem is if you can find a retailer that will accept bitcoin as a term of payment. you can just exchange it to fiat then buy it as simple as that since in each countries we do have our own local exchange which allowed us to cash or exchange our bitcoin to our own currency so if ever you already have enough savings and you think that its already enough to buy your dream house then just cash it out and enjoy. |
|
|
|
|
cryptoking710
Member
Offline
Activity: 98
Merit: 10
|
|
September 12, 2017, 03:12:37 PM |
|
Original post was two years ago.... so did you buy the house?
I sure hope you did!!!
|
|
|
|
david123
Legendary
Offline
Activity: 1022
Merit: 1004
|
|
September 12, 2017, 05:12:27 PM |
|
Original post was two years ago.... so did you buy the house?
I sure hope you did!!!
If he did he would be very stupid. Two years ago the bitcoin was like 5 percent worth of today's price. That house of 2 years ago would be worth a real fortune now  |
|
|
|
|
BitcoinNational
Legendary
Offline
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
|
|
September 12, 2017, 05:15:42 PM |
|
Original post was two years ago.... so did you buy the house?
I sure hope you did!!!
If he did he would be very stupid. Two years ago the bitcoin was like 5 percent worth of today's price. That house of 2 years ago would be worth a real fortune now Haha indeed ! I can't imagine what the house will worth in two additional years! Probably a complete country |
|
|
|
esatceza
Sr. Member
Offline
Activity: 385
Merit: 250
www.thegeomadao.com
|
|
September 12, 2017, 05:25:53 PM |
|
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 should not buy a home, a home is a waste, it will make you spend more money on it, instead, you use that money to invest in some other Altcoin or Bitcoin hoarding. It will help you get richer instead of spending money to buy a home |
|
|
|
allthingsluxury
Legendary
Offline
Activity: 1540
Merit: 1029
|
|
September 12, 2017, 05:28:09 PM |
|
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.
Hows that house? |
Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
|
|
|
stevano
|
|
September 12, 2017, 05:47:21 PM |
|
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.
good idea too but if possible then there should be sis fund that make continued work again in bitcoin, so everything can walk, buy house definitely work still steady road add this bitcoin project |
|
|
|
|
Freedom Force
Jr. Member
Offline
Activity: 35
Merit: 10
Byteball: DAG, Built-in Chat, Conditional Payments
|
|
September 12, 2017, 07:41:47 PM |
|
It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.
|
Byteball.org ❱❱❱ IT JUST WORKS. ❱❱❱
Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC |
|
|
|
Loveydovey04
|
|
September 12, 2017, 08:11:26 PM |
|
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's up to you and depending on your need. You can buy a house or a car or a lot or make business or investments. No body wants to rent anyway unless you don't have a choice. Mortgage sucks also and very dangerous once you fail paying the whole thing you will forfeit incase you are unable to continue on paying including the payments you made in the past. It will make you bleed. |
|
|
|
|
