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Author Topic: If Bitcoin goes up very high should i buy a house?  (Read 133889 times)
VeronAncient
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September 23, 2017, 08:26:31 AM
 #1961

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.

its up to you sir, if you wanna house then buy it. house include proprty's invesment
Best Dreams
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September 24, 2017, 05:22:12 PM
 #1962

I think buying a house is a dream of everyone especially if you are renting, maybe you can buy your dream house through bitcoin, and you can buy also your favorite things, but if only signature campaign your source of income I think its very difficult for you to buy your dream house.
I agree with you it’s a dream for every one and for me it’s more than dream once if it’s become high so I will also buy my dream house but it also need work hard and I, am sure very soon I will be able to buy house .
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September 24, 2017, 05:50:33 PM
 #1963

I think it would be better to start a business first with a land title preferably, it will make you more financially stable and you would be able to buy a better house and will also have the money for maintenance and monthly expenses.

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September 24, 2017, 05:57:51 PM
 #1964

House including  needs of every person who has grown up to stay permanent. So, in my opinion no correlation between bitcoin shot high with buying a house. Only, if possible with considering everything, we need to have house.
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September 24, 2017, 06:02:10 PM
 #1965

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 ?
I think I will be very easy job to buy you house from bit coin because profitability is very high as you invest the double or triple of the profit you will definitely gain in a very short period of tin but only on the basis of your dedication and good luck.
Speaking on doubling or tripling profits on bitcoin is nearly impossible nowadays or on a short period of time knowing movements or volatility of price isnt that much compared when its still on low value.We are now 3675 and we cant say that its easy to double profits because reaching out 7k price on bitcoin would really takes time.This is why theres alternative profits which can be found on alts itself.

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September 24, 2017, 06:23:28 PM
 #1966

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.

Its a big Yes for me sir.. You know why? Because thats the one of the foundation of the family to build our owned house for our family. Basically one of the biggest responsibility of the head of the family is to build their own house for the whole family. One of good investment also.. If we cant build our house as soon as early then the price of the materials for making our house will become more higher and it will become more expensive for us to have our dream house. Were doing our best and working hard as we can for our family to provide their needs and hoyse is one of this basic needs.
MyIdeas
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September 25, 2017, 09:23:26 PM
 #1967

I think buying a house is a dream of everyone especially if you are renting, maybe you can buy your dream house through bitcoin, and you can buy also your favorite things, but if only signature campaign your source of income I think its very difficult for you to buy your dream house.
I agree with you it’s a dream for every one and for me it’s more than dream once if it’s become high so I will also buy my dream house but it also need work hard and I, am sure very soon I will be able to buy house .
I am sure that till the end of this year the price will be very much high. So you people can imagine what will be its worth within next two years. We all will be able to make our dreams true one day and that day is not so far. However, if someone has enough bitcoins and is in need of house, he must buy one. Other than that, one can also rent his house.
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September 25, 2017, 09:47:24 PM
 #1968

Yeah, I am pretty sure that it would be one of the best things you will be able to do for you and maybe for your family!
Secondly as old rule says sell on the top, so I think that selling on the top and then 80% for house and rest reinvst when Bitcoin will be cheap again.
Good luck!
Ejanend
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September 25, 2017, 10:11:19 PM
 #1969

I think buying a house is a dream of everyone especially if you are renting, maybe you can buy your dream house through bitcoin, and you can buy also your favorite things, but if only signature campaign your source of income I think its very difficult for you to buy your dream house.
It is right now the rents of the houses are very high because the price of the things are increasing more and more, the bitcoin currency is increasing and it has the potential to increase your income in bitcoin. The bitcoin currency is growing and it is being more and more famous so that people are ready to invest in bitcoin and to make the money to buy a house and I also wana to buy my own house using bitcoin.

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orions.belt19
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September 25, 2017, 11:29:00 PM
 #1970

In my opinion, having a house is an important asset. It's important for one to invest on their own property. I find it a waste to rent because you throw away money on something that you won't acquire in the future. Buying a house is long term, something that your children could inherit or even last several generations. Don't go for a mortgage because having a debt is tiresome and renting is like throwing away your money.

Go for it! It will be a good investment.
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September 25, 2017, 11:47:00 PM
 #1971

In my opinion, having a house is an important asset. It's important for one to invest on their own property. I find it a waste to rent because you throw away money on something that you won't acquire in the future. Buying a house is long term, something that your children could inherit or even last several generations. Don't go for a mortgage because having a debt is tiresome and renting is like throwing away your money.

Go for it! It will be a good investment.

That's correct, a house or landings always a good investment and donif you've made enough from your bitcoins adventure you can sell and buy a house.  It's a good advice or if you'd like to edit a little too hit growth in its value it's also fine.
StockBet.com
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September 25, 2017, 11:52:09 PM
 #1972

The OP is dated October 29, 2015.

So, what has happened since then?

Did Doublemore buy the house?

Did the Bitcoins sufficiently increase in value in order to buy the house?


umbara ardian
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September 26, 2017, 12:54:45 AM
 #1973

great idea, buy house immediately when bitcoin goes up. and tell it in your experience forum. how big the effect bitcoin on us. you should not hire disgust with landlords who always charge every month. Using bitcoin as a means of transaction shows bitcoin can always help and can be trusted as a good investment

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Skyshark
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September 26, 2017, 01:03:07 AM
 #1974

If your investment in bitcoin is quite big and you got all the means to buy a house and you really wanna buy a house, then why shouldn't you. I mean, you wanted your own house so just buy one. Or maybe you could double your investment or invest to other rising coins  or any good investments that you think will bring you profit then buy another house. Do whatever you feel is right.

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September 26, 2017, 01:19:15 AM
 #1975

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.

How much do you expect from your income, if your bitcoin is high? you can buy a house or lot, as long as you will be able to get it. But it's best to wait for the bitcoin's inflation rate to rise, so the money you get someday when you want to spend your Bitcoins accrued. I also want to buy someday but now I'm not ready to fill that responsibility, because I'm just a student and a lot more. Maybe by after graduate maybe Smiley Smiley If you are anxious or have a word? you will be able to buy a new house and maybe even buy a car someday  Cheesy. I just want to suggest, i hope my suggestion can help you.

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September 26, 2017, 01:50:01 AM
 #1976

If your investment in bitcoin is quite big and you got all the means to buy a house and you really wanna buy a house, then why shouldn't you. I mean, you wanted your own house so just buy one. Or maybe you could double your investment or invest to other rising coins  or any good investments that you think will bring you profit then buy another house. Do whatever you feel is right.

Go for it dude if you indeed have that much Bitcoin to buy a house, I would have done the same thing if I had such a frat stock if bitcoins. I just hope the value if it will grow so high the I can buy a house too with my stock of them.
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September 26, 2017, 01:57:42 AM
 #1977

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.
One of my dreams to the bitcoin is to buy a house. I know that we can buy a house by working hard to day. Bitcoin is created for us to have a bright future and become rich person.
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September 26, 2017, 02:26:08 AM
 #1978

I think buying a house is a dream of everyone especially if you are renting, maybe you can buy your dream house through bitcoin, and you can buy also your favorite things, but if only signature campaign your source of income I think its very difficult for you to buy your dream house.

You could buy as many house that you want because owning house and lots are good for your own use at the same time as an investment. The value of the house are always increases you cannot find a house and lot value decreases, every five years the property original value is doubled so bitcoin and realstate property are good to combined for investment.
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September 28, 2017, 10:55:24 AM
 #1979

Yes, you should definitely buy a house if bitcoin goes up. This is my second plan along with buying a car (Volvo v40).
Everything has his own way of thinking but I think buying a house or car will not be a good option. I will suggest you to keep your Bitcoins and try to make out more Bitcoins from what all you have instead of just spending them for the sake of house. Bitcoin is far more valuable than just a house.
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September 28, 2017, 12:03:43 PM
 #1980

You should buy a house even the price of bitcoin is not very high because you need to have a house that will become your asset and that asset will increase its price over the time and that will give you like assurance that you have money or something to be sell in exchange of money in case of emergency.
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