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Author Topic: I'm Selling My House to Buy Litecoin  (Read 5803 times)
thejaytiesto
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April 03, 2017, 10:11:38 PM
 #1

https://www.youtube.com/watch?v=5v5y3icu6YY

This is pretty amazing. This guy somehow nailed it and is now 200% up at least. He somehow saw how the simplicity of Litecoin would be it's killer app. Im not sure if he is aware of segwit and he predicted how segwit would fail for Bitcoin and Litecoin had higher chances at getting it activated and moving a lot of capital there, but in any case, this man went all in and he's now making some killer gains.

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April 03, 2017, 10:28:58 PM
 #2

https://www.youtube.com/watch?v=cpDMLv6JGTg

He hasn't sold his house yet  Cry
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April 03, 2017, 10:36:04 PM
 #3

https://www.youtube.com/watch?v=cpDMLv6JGTg

He hasn't sold his house yet  Cry
Yeah, I saw it last week. He said he hadn't sold the house yet, and wanted to see the price of Litecoin drop so he could buy it cheaper. I have not seen the latest videos though, maybe he made some progress on that.
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April 03, 2017, 10:40:34 PM
 #4

https://www.youtube.com/watch?v=cpDMLv6JGTg

He hasn't sold his house yet  Cry
Yeah, I saw it last week. He said he hadn't sold the house yet, and wanted to see the price of Litecoin drop so he could buy it cheaper. I have not seen the latest videos though, maybe he made some progress on that.

That's unfortunate. If he managed to sell his house, depending on how his house is and I assume it's a modest one, but it would still have delivered some killer gains, at least half a million USD for a decent house.

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April 03, 2017, 11:05:04 PM
 #5

This is such a crazy, why do people sell homes only to buy litecoin, whereas most profitable investment is an investment house and land.




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April 03, 2017, 11:05:13 PM
 #6

On the bright side if he was such a believer he probably had a large stash, hopefully he isn't afraid to sell some at the high price.

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April 03, 2017, 11:44:52 PM
 #7

I dont know he made a bold decision or a silly decision, now litecoin price is moving slowly if his predcition is right then he can buy another house and get a huge amount of profit when litecoin price moving up and I believe there is a chance that litecoin can go up, but it is too much risk to bet your house

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April 03, 2017, 11:56:10 PM
 #8

This is such a crazy, why do people sell homes only to buy litecoin, whereas most profitable investment is an investment house and land.


Basiccally yes you are investments on house and land are profitable for long time the price will be increasing in the future
i think he sell the house to buy litecoin because wanna make investments for short time investments
as we know litecoin's price is up trend and still going up, so he want make double his whealty with investments in litecoin.

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April 03, 2017, 11:57:40 PM
 #9

I think it's a risky decision, but it looks like he's aware of what he's doing. At least Litecoin is a more stable currency, unlike most P & D schemes.
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April 04, 2017, 12:13:29 AM
 #10

I think is bad decision, only speculation and gambling
if investment altcoin or altcoin trading until selling house, because buy litecoin not guaranteed can get profit


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April 04, 2017, 12:30:36 AM
 #11

https://www.youtube.com/watch?v=5v5y3icu6YY

This is pretty amazing. This guy somehow nailed it and is now 200% up at least. He somehow saw how the simplicity of Litecoin would be it's killer app. Im not sure if he is aware of segwit and he predicted how segwit would fail for Bitcoin and Litecoin had higher chances at getting it activated and moving a lot of capital there, but in any case, this man went all in and he's now making some killer gains.
Make sure he was publishing it on 16 Sep 2016, The charts say if the price of litecoin still on 0.008 - 0.007 range, it means if he was selling his house and he hasn't made a good profit from there.

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April 04, 2017, 01:39:30 AM
 #12

I think is bad decision, only speculation and gambling if investment altcoin or altcoin trading until selling house, because buy litecoin not guaranteed can get profit.

Yes, it is not a good decision to sell one's property just to be able to buy some cryptocurrency this one it is Litecoin. Well, if he went crazy and really sold his house and bought many LiteCoin before it rose in value he could have already realized some profits but he hesitated anyway. Generally, this is already considered as gambling and in gambling you either win or you lose. I would never sell any of my property just for the sake of getting into any coin. We could work online and make some money and invest in some coins we like and love...and that is fine.

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April 04, 2017, 01:52:58 AM
 #13

oh noes !
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April 04, 2017, 02:00:02 AM
 #14

That's really bad idea, I mean. Why he is so confident to buy Litecoin? (this is altcoin right, may the price is dump and result to lose).
Let's hope that guy and that women have a preparation and at least a plan before sell their house.

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April 04, 2017, 02:00:54 AM
 #15

This is the silliest thing I've seen all day. If he owns a house, he must have decent credit. He could just take out a loan if he was that serious, plus there's no way he could possibly sell his house fast enough to keep up with the market lol. Silly rabbit, bits are for kids!
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April 04, 2017, 04:20:48 AM
 #16

https://www.youtube.com/watch?v=5v5y3icu6YY

This is pretty amazing. This guy somehow nailed it and is now 200% up at least. He somehow saw how the simplicity of Litecoin would be it's killer app. Im not sure if he is aware of segwit and he predicted how segwit would fail for Bitcoin and Litecoin had higher chances at getting it activated and moving a lot of capital there, but in any case, this man went all in and he's now making some killer gains.

Good decision on his part,he must have analyze the current situation,that is why he takes the risk,we can call him a risk taker for doing that and ne manage to make a profit out of it,hope he can build or buy a new house now that he doubled his investment.

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April 04, 2017, 04:48:40 AM
 #17

What kind of a reckless decision is this?

If he sells his house, where is he gonna live?

to pay rent?  In a van down by the river?   Under the underpass?  

Ya gotta live somewhere....

EDIT:  so he hasn't bought his litecoin because he hasn't sold his house yet -
according to a recent video.

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April 04, 2017, 08:20:53 AM
 #18

I cant believe someone will consider a decision to sell house to buy Litecoin. If he really decided to sell a house this is really a risks in your entire life. Not sure if your investments will earn double or triple the amount. Good thing, he hasnt sell yet.

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Fredomago
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April 04, 2017, 08:37:00 AM
 #19

wow that's really a big risk believing in such project for me i wont do that unless i already inside the project and i know that things will favor me
maybe this guy already have an insider or he is also part of the team who's working behind knowing that lite coin will move that's why he really
risk it all.



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NorrisK
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April 04, 2017, 09:14:00 AM
 #20

Moves like this are actually the same as gambling. If you put all your eggs in one basket you can score big yes, but if it drops you are bleeding money you actually need.

I think it was quite clear 3-4 usd range was the lowest litecoin was going to go, so thinking about going big into it at that point is not that strange though.

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