Niveus
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December 08, 2017, 04:57:08 PM |
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1,5 years ago I bought an apartment and started doing repairs. When I almost did the repairs, I learned about bitcoin. Then there was a big desire to sell the apartment and invest everything in "digital gold", but then I thought about the risk management and invested something that I do not mind losing. basically, I do not regret ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Cryptoshaft
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December 08, 2017, 04:59:53 PM |
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yeah, just sell your house and then buy bitcoin now. then you lay on the roadside and keep watching for bitcoin price on your phone
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kenjohannes26
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December 08, 2017, 05:01:28 PM |
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I think the suggestions to try, after selling the house you can stay in the apartment for some time, and when you get a profit buy a house again.
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Envrin
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December 08, 2017, 05:01:41 PM |
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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.
Of course I would try, but no one can know what will happen to Bitcoin in these 2 weeks, so everyone is afraid to take such a risk. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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easynote
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December 08, 2017, 05:17:06 PM |
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Nope, i wouldn't sell my house for btc.Don't get me wrong but i think that every business is an adventure and its not a sure thing if your investment will be successful or not, im not willing to gamble with my house for me to invest it in btc. I could sell other stuff but never my house.
You have the right idea, selling a house for Bitcoin is not a smart move if that person is living in that house.
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Valuyet
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December 08, 2017, 05:21:09 PM |
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Sounds ridiculous but like this Bitcoin's bubble then it's a clever idea that if you're going to sell your assets like house or land for Bitcoin then they'll suspecting that you're crazy but this kind of decision is as crazy guy since not everyone knows Bitcoin is. But if there's a person who really doing this earlier this year or last year then he is very lucky but I don't really think an average person is doing this kind of gamble. LoL
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Dani33
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December 08, 2017, 05:21:40 PM |
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You could invest big a little part of your savings, but sell all the house i think is exaggerate, unless you don't have a lot of houses 🤣
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Valuyet
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December 08, 2017, 05:23:40 PM |
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Nope, i wouldn't sell my house for btc.Don't get me wrong but i think that every business is an adventure and its not a sure thing if your investment will be successful or not, im not willing to gamble with my house for me to invest it in btc. I could sell other stuff but never my house.
You have the right idea, selling a house for Bitcoin is not a smart move if that person is living in that house. That would be the craziest idea ever did of a Bitcoin fanatic person. Selling a house that not only the value in it but the memories that created by the whole family in it. Most people don't sell their house for any reason unless it's really need to but selling the property to enable to invest Bitcoin is the most stupid but lucky.
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Valuyet
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December 08, 2017, 05:27:50 PM |
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You could invest big a little part of your savings, but sell all the house i think is exaggerate, unless you don't have a lot of houses 🤣
If ever there's a crazy guy that is doing this kind of property selling just to invest into Bitcoin is more crazy than a gambler because even the gambler himself he'll think a million time before he's going to sell his properties. But if there's any person is selling his valuable property for Bitcoin then he is very lucky and the possibility is he will going to buy back the property then renovate and buy again another properties. And that's what we called lucky because He believe his instinct and believe that Bitcoin will multiply his investments.
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Valuyet
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December 08, 2017, 05:29:25 PM |
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If I can turned back time, then I can say that I will be willing to do that, most of us didn't know that this year bitcoin will really pumped like this, if another opportunity will happen to me and I can go back definitely I will go all in to this investment.
I'm thinking the same way, only if we could turn back time then we are lucky because we know that Bitcoin will hit the market soon and we actually don't need to sell our properties when we have a job that could even invest a lot of Bitcoin from our own pocket.
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VIDEOsecure2
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December 08, 2017, 05:30:54 PM |
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Easy to say but difficult to do. So, everything may not same to this.
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spngebob
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December 08, 2017, 05:31:51 PM |
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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 $472298.
would you try this technique.
Yeah, go for it, sell your house, buy bitcoins, sell everything you have, sell kids toys, sell your kids to buy bitcoin. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) No wonder bitcoin is in bubble. Imagine this scenario - after you sell all you have bitcoin crashes to 2000$.
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radjie
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December 08, 2017, 05:32:08 PM |
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is not that upside down, from selling property to buying Bitcoin. should not Bitcoin buy a house? Even if it is done, it will be very risky, because as we know that investment is very risky, we can lose our property and even lose our money. and it should be remembered, this is not a gambling event.
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RockBar0
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December 08, 2017, 05:32:48 PM |
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wow If you have sold your home to invest in bitcoin. just buy and hold them. You are really lucky. If you bought bitcoin 4 months ago. You now have 4 houses
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Catch-22
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December 08, 2017, 05:51:23 PM |
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Why would you sell your house to get a very risky investment? You might be thinking I should have sold my house and bought btc, then my investment would have been doubled by now. BTC is a financial investment, and you invest with the excess money you have after all your basic needs are taken care of which includes a house. But, if you have 3 or more houses, then...maybe you can.
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CarDioLogic
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December 08, 2017, 05:55:06 PM |
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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.
Funny topic! Even though I have recently purchased a property using my day job salary and paying out the mortgages every month, I would try this technique. The legal status of bitcoin is not clear in my country and hence if I try to buy 43 btc at once, it will raise a serious alarm. I will be questioned and put behind the bars if I try to do so. Also property is very good investment in my city. The kind of infrastructure work is going around, the value of my property will be doubled within 3-4 years max. I will try to sell my property after 3-4 years to buy a bigger property at some other location. That makes sense and that will be legal as well. But investing that huge amount in bitcoin would be very risky for me. So NO would be the answer to your question. I'm just saying, imagine you gradually buy bitcoins over time, and then decide to cash out a big part of them (say, because you have a family and really need a house rigth now). Wouldn't that also raise an alarm on authorities, looking for an explanation, would that even be legal? My point is: forget about the potencial of bitcoin price going up in the future, you need to cash out a huge part of your bitcoins now, would that be a reosonable thing to do, or even, possibly/legal thing to do? or you just sell in smart portions over time? If so, there is no point in selling your house for some potencially big profit if you can't "cash out" what is rigthly yours without being in "trouble" with authorities. But just for the record, i would never sell my house for bitcoins. Too much greed can be your downfall.
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Malaya
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December 08, 2017, 06:07:38 PM |
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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.
Seeing this technique would be possible if you are indeed a very optimistic person to the point making impossible to things to become possible. However, this technique to sell you only house for bitcoin investment is very risky to the point that you may lose a house. This is also not practical. Better to start small rather than doing a lot of abrupt things for the sake of gaining more.
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TahuDiniHari
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December 08, 2017, 06:15:49 PM |
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this is a different matter than ever, someone sells a house for bitcoin investment. is there anything more than this, like selling a company or all of its valuables to bitcoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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zeze18
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December 08, 2017, 06:23:11 PM |
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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.
Seeing this technique would be possible if you are indeed a very optimistic person to the point making impossible to things to become possible. However, this technique to sell you only house for bitcoin investment is very risky to the point that you may lose a house. This is also not practical. Better to start small rather than doing a lot of abrupt things for the sake of gaining more. yes I don't think it's wise enough to act speculatively by selling a house for bitcoin investing and it seems like it's quite risky. and I agree if the investment can be done from smallest thing even though it is certainly very long to a bigger profit. Although we are optimistic if bitcoin will continue to increase in the next 2 months but i think it is still risky and require more wise consideration to perform such speculative acts.
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pisa123
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December 08, 2017, 06:26:21 PM |
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Why sell house when you have money to but them
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