Sell your house for investment in btc.

[Saifher]

I hope no one is following your reckless advice on this forum... Selling your house to invest in a highly speculative and risky market is a very dangerous thing to do, and could potentially ruin your entire life. Make smart decisions, dont try to get rich over a few months if that means losing what you worked hard for years to earn.

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[DeadCoin]

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.

Too risky!!! Have you taken this risk? Your calculation is really welcoming, but can it happen in a really life? It would be so appreciated if you dont sell your house, buy bitcoin with extra assets you have and sell them after few weeks to get double the turn over? Try it out. Ofcourse, you can surely have more trust in bitcoin's growth.

[CryptoProcent]

I do not have a house but if I had one  I sell it. That's because I trust bitcoin. Because it is not stable and the increases are accompanied by descents I do not recommend to do that someone who does not understand the phenomenon. Panic can make to losing money.

[MakersONE]

A few months ago I thought about it, but in jest of course. Now I realize that this should not be a joke, because you could withdraw and buy yourself 4 houses for this money. 

[fulmetal08larz]

I would not risk my house over BTC because I can't afford to lose my house. Yes it is good to get out of comfort zone and taking the leap of faith but it still depends on the individual. For me, I will take baby steps to achieve my goal and diversify my funds.

[catchemcrypto]

I don't think I'll go that far as to selling a house or property for bitcoin. Unless I have extra properties worth discarding.

[markjogler]

I don't have a property so theirs no need for me to sell anything. There's another way to invest bitcoin without selling any properties that you own. You can lend a money from bank the downside is you have to pay the interest.

[DesmondHayes]

That is one big dream that can go into a waste if things go wrong in the world of crypto. Right now Bitcoin is climbing and it seems that all boundaries are broken. Investing is smart if thought thoughtfully about it but in every aspect of investing you must always save your initial money by the side. Never invest all that you possess and own cause with that kind of risking you can cause collateral damage for all which are surrounding you. Your family will suffer the most if things go wrong and BTC starts to fall down. BTC has big potential and it will rise even more but investing everything in something that is not balanced can cost you and you can lose everything in the end. Be careful with your investment and think very good before you do any moves that can cause the problem for you in the later phase.

[Vritesh]

I think it will be a foolish thing to do.If in future the price goes down then i would not like to live on the streets forever.Moreover we are investing in order to earn money so that we can have a more good and comfortable life .I don't think that living on street for two months is comfortable in anyway.

[loof99]

In my own opinion selling your house for investment is not advisable. The mere purpose of investment is to use your excess money to work for you.
In other words they will use your money to generate more income without spending too much for it.

[sandwichman1]

in 2013 I might have said yes, but today no, then I prefer to buy a house with bitcoin rather than the opposite ^^

[CornHub]

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.

Even though the bitcoin price gets high I will not sell it just to invest in BTC. Why? House is your home it is your 'comfort zone' without it you would feel empty, alone and etc. And not all the times that the price of bitcoin remains constant. It may go down and you are not aware of it. House is the main reason why every people join in BTC and if we do the opposite way then what is the significance of being here?

[Swenna]

I have already read an article about this; a man who sold his house and his properties so that he would be able to invest in bitcoin. He said he was waiting for the next big thing referring to the next bitcoin boom and while doing so, he and his family were living in a campsite. Reflecting about that, it was really an absurd idea, selling all of your properties for bitcoin. You could have invest some, little by little, instead of going all out and letting your family suffer in return. This really isn't advisable.

[ismadanniel]

ofc no..as a men i wont let my family suffer for only money..it should be another way to get that

[Powerman001]

in my opinion it is too extreme. but also a very good idea, because something crazy will produce something crazy too. requires a lot of courage to sell the house and invest in bitcoin. but if I did that three months ago, surely I've become a rich man.

[coolsai]

Selling your house this way is a big gamble, it has a good chance of paying off but it's so risky especially when btc rises so fast.

[Opquar]

Why sell house when you have money to but them

To make more money. You are basically gambling your own house, except the odds can be considered to be in your favor because bitcoin keeps rising anyway. Only for people with balls of steel.

[StonedWolf]

Even if it is an extremely difficult decision and can negatively affect a person's life, the result of such an investment can change his life in the long term of course. Otherwise, a kind of this decision requires a lot of courage and a lot of determination in order to be able to assume the consequences which could be positive or negative.

[AK47-]

Let the price correct before investing that huge amount. Bitcoin is overvalued right now. A correction is inevitable. Wait for it!

This bullish run of bitcoin killing all the altcoin market isn't natural. Demand is the only price driving factor right now. I don't find much utility that can sustain the price of bitcoin. News related to Korean exchange ban and CME/CBOE postponing the future launch might bring a short term correction and then you can enter. If you see no sign of correction, invest by year end. I can assure you of a great ROI by 2018 end. You won't regret selling your house.

[darkangel11]

I think it will be a foolish thing to do.If in future the price goes down then i would not like to live on the streets forever.Moreover we are investing in order to earn money so that we can have a more good and comfortable life .I don't think that living on street for two months is comfortable in anyway.

Imagine how low it would have to go for yo to be forced to live in the streets. I'm sure it won't happen to any of these people.
To give you an example: You sell your average house for $100k and invest it all, Bitcoin loses 20% of value and you decide to panic sell, you're still left with 80k. That's enough to buy an apartment or rent a house until you make enough money to buy your own. That said, it's still more profitable to use your hose as collateral and get a loan. Worst case scenario you'll be paying it back for the next 20 years, but at least you'll  keep the house.