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Innocant
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January 27, 2018, 10:41:54 AM |
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I will not sell my house for buying or invest in btc or cryptocurrency. BTC is high risk and whenever it drop you are broke and homeless guy, Selling your property is not the best way to invest bitcoin.
We all know that investing in bitcoin is already proven that is very profitable, but selling your own house to invest in bitcoin is not advisable because the value of bitcoin is volatile. Always remember that risk is always present when you are dealing with bitcoin especially investment matter. That's true investing in bitcoin was already profitable but sacrificing to sell your house i think it's not a good idea. Maybe we should start a small amount if we going to invest in bitcoin or just get some your salary in your job to invest in bitcoin not all of your salary just get some small amount only. But if you are very interested to invest i think it is all your decision to doing that. |
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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laowang666
Newbie
 Offline
Activity: 70
Merit: 0
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January 27, 2018, 11:01:36 AM |
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I think it's too risky.
I'm not going to do that. I'll just buy bitcoin for my free money.
Because bitcoin is unstable.
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xiaozhang11
Newbie
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Activity: 70
Merit: 0
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January 27, 2018, 11:31:32 AM |
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I'm not going to do such a risky thing.
I will consider whether the risk can be accepted by me.
This is unacceptable to me.
If I fail, I will lose everything.
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youdacapt
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January 27, 2018, 11:40:56 AM |
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would not be a problem if it had a solid experience base, but a good bitcoiner does not sell everything without a clear calculation. Selling homes and having other home reserves makes sense for speculation but if all the major assets sold are certainly not a great way and mostly only applies to emotional people.
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Lalafell
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January 27, 2018, 11:44:56 AM |
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Most people don't agree with this. It's too risky. You know, the encrypted money market has strong volatility. Remember that a few years ago, bitcoin in a few months, the market value is reduced by 90%, if it is to own a house or loan to do such investment, then such a thing must not do. There are always opportunities, but if you take a risk, you may lose more.
I will also do not agree with this because it is not good idea that even your house will you sell for just kind of investment. Bitcoin is a good investment but do not ever try to do that. Try to search some alternative way to earn bitcoin and if you earn bitcoin you must it as an investment so that you could earn much income. |
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ganlianshifu1
Member
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Activity: 392
Merit: 10
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January 27, 2018, 11:46:09 AM |
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It's dangerous, you're like gambling!
What if BTC doesn't meet your expectations in two months?
Any investment is the risk of BTC is no exception!
And now because of the policy influence BTC price is very unstable, so I do not recommend you to do so!
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Targusluxe
Member
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Activity: 140
Merit: 10
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January 27, 2018, 11:46:38 AM |
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Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
How did you come up with this idea? selling your house for bitcoin seriously? absolutely NO. The idea is insane  .. Hope your technique wont fail you or else youll end up homeless. |
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Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
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January 27, 2018, 11:54:07 AM |
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How did you come up with this idea? selling your house for bitcoin seriously? absolutely NO. The idea is insane .. Hope your technique wont fail you or else youll end up homeless. It is an insane idea indeed. But we can only warn him, right? It is his house and he can do whatever he want with that one. Anyway, we will regret our words, if Bitcoin gives him 2x or 5x profits within two months. If that happens, then we will be wondering why we didn't sold our houses and invested the returns in Bitcoin. |
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xiaoyu666
Newbie
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Activity: 65
Merit: 0
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January 27, 2018, 12:00:23 PM |
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I wouldn't do that.
I am a relatively conservative investor.
It's beyond my capacity.
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GoldenColor
Newbie
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Activity: 168
Merit: 0
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January 27, 2018, 12:09:10 PM |
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and after just 2 months sell 43BTC for $498198.
This is a positive attitude, but if you are not lucky you can lose your house and you will not have a second chances in the future. If you have a car or you have something like that, you can sell it and buy bitcoin, but this is a very high risk when you sell your house. |
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krulviper
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January 27, 2018, 12:13:53 PM |
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i think this is not good idea, because before you invest your money on something, you need to know, when you need that money? are you have a job to make money, so your investment can still runing,,
example, you sell your house at $100,000, you use that to buy 10 bitcoin at $10,000, and after two day you hold your bitcoin the price down to $8,000, are you really sure to hold it and not panic to sell your bitcoin? high risk high reward but you not need to make all of your family join to your risk.
that's my opinion.
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YoungMaster
Full Member
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Activity: 462
Merit: 100
MYCRYPTOBANK.IO
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January 27, 2018, 04:05:16 PM |
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Sell your house for 43 btc and live as homeless for 2 months. lol nope ! Think again, what if 2 months not as you expected and the price goes down? Would you be a homeless guy that always smiling over the street ?  |
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Revprojects
Newbie
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Activity: 29
Merit: 0
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January 29, 2018, 06:41:34 PM |
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This is very risky and may end sadly. But if you have several, why not.
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Innocant
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January 30, 2018, 11:13:06 AM |
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and after just 2 months sell 43BTC for $498198.
This is a positive attitude, but if you are not lucky you can lose your house and you will not have a second chances in the future. If you have a car or you have something like that, you can sell it and buy bitcoin, but this is a very high risk when you sell your house. Actually it was like a gambling if you going to sell your house to get some profit in bitcoin. You need to think about it because it was not too late, If you need to invest in bitcoins they have many ways to doing that, I know only you can do that on when you going to find away to get a money to invest in bitcoins. Don't sell your house it is important to you. |
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cokkapaga
Legendary
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Activity: 867
Merit: 1000
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January 30, 2018, 11:18:54 AM |
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your take a high risk about that.
An investment is risky to lose you money. I am not sure I can do that like you. but high risk high return too
remember, invest your money you can afford to lose it.
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Shwester
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January 30, 2018, 11:19:38 AM |
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I think nobody is going to sell his house to buy only a bitcoin.It is very risky selling house for investing ib bitcoin.
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zhangfeng666
Newbie
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Activity: 70
Merit: 0
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January 30, 2018, 11:21:43 AM |
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I think there's a lot of risk in that.
I'm not going to do that.
In case the investment fails
You're going to get nothing.
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Bambinoe
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January 30, 2018, 11:23:50 AM |
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i don't think thats a good idea. I cant become homeless in the name of investing in btc. Moreovera house is not a liability but an asset. I rather sell my car to do such investment.
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carlisle1
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January 30, 2018, 11:34:36 AM |
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Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
if you are fool enough then go try it,and thats not a technique .craziness is the right term for that idea..if you can afford being in the street for 2 months,i think your family don't,,so if you love your family stop being crazy and make more appropriate things than this nonsense.. |
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lionheart89
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January 30, 2018, 11:38:50 AM |
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Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
lol .. very cute The price of bitcoin is very fluctuating, it is true if bitcoin price goes up it will be very profitable but what if not? your house can be lost ha ha this is very risky, do not use all your money for bitcoin investment. |
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