geegaw
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January 04, 2018, 03:05:36 PM |
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And I thought selling mobile phone to invest in Bitcoin that someone had is crazy idea. Taking risk by investing is one thing but making foolish decisions is completely other. Your should invest extra funds that you don't need for any other purpose and everyday living. Don't forget that Bitcoin isn't only profit but makes some losses too and you don't want to lose your house.
Exactly, no one knows what will happen to Bitcoin, sell the house to invest in Bitcoin is an absolute adventure, although I see a lot of people have done this, they really get a high profit, they even bought a new house and lived a rich life, but that is because they are lucky, they join, buy and sell at the right time. But we are different, we can not be sure we will be as lucky as them, they succeed, does not mean that we also succeed, the house is very valuable in the future, the value of the house is increasing steadily each year, although the profit may be lower than bitcoin but it is safer, should not sell the house to do stupid thing
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gabmen
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January 04, 2018, 03:56:00 PM |
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This is decision is very risky. it is gambling if you have two house then you sell your house for investment in btc.
I dont think that it is a great or a good idea because a house is very important and if you will sell your house how about you family, having a own house is really the best so dont sell your house, yes bitcoin is really good but selling you house is not the right answer to invest here in bitcoin. Well this is for those people who have a go for broke attitude. It can go both ways. If you get lucky enough then your gutsiness will be rewarded bigtime. If not, then i hope you have a good back up plan.
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Golubhargava
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January 04, 2018, 03:59:19 PM |
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This is decision is very risky. it is gambling if you have two house then you sell your house for investment in btc.
I dont think that it is a great or a good idea because a house is very important and if you will sell your house how about you family, having a own house is really the best so dont sell your house, yes bitcoin is really good but selling you house is not the right answer to invest here in bitcoin. Well this is for those people who have a go for broke attitude. It can go both ways. If you get lucky enough then your gutsiness will be rewarded bigtime. If not, then i hope you have a good back up plan. Well this is for those who have to go for broke attitude b..
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Karmakid
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January 04, 2018, 04:05:25 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.
Nope I wouldn't risk my property for it just think about what would happen if the bitcoin price continues to drop down , That means you would stay longer in the street or renting a place to live and also your expenses would cause too much so your 43 BTC would decrease over time,
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karasuri
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January 04, 2018, 04:11:10 PM |
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you know, I'd rather live in my house without a profit, than I'll live two months with my parents again
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arlinxoha
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Arianee:Smart-link Connecting Owners,Assets,Brands
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January 04, 2018, 04:20:39 PM |
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I will never try this strategy. Because Bitcoin prices rise and down. Sometimes it's down for a lot of days. In this, I will lose my house, as well as lose the original money. So it's a lot risk. It should not be any human. I'll earn BTC before and then invest.
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lamcouz
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January 04, 2018, 04:22:24 PM |
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I guess this depends on your strategy as an investor or trader.
As an investor, always diversify the investment portfolio.
If want to quick bet - put your house on mortgage for cash and quickly trade.
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cryptoquality
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January 04, 2018, 04:26:40 PM |
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If you have 2 house it dosnt matter sell kne and then wait for 1 week buy ajother house using btc. Np.
I cannot believe my eyes that someone can suggest to sell house to invest. Investment has its own risks, first of all we should be aware of this fact. What if you lose your house money? if it is not so important for you then fine but I don't think there is someone here on bitcointalk that house money is not so important. golden rule mate, never invest with the money you loan from bank or selling your properties.
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cancuncrypto
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January 04, 2018, 04:53:35 PM |
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It's better to sell your house for some tight altcoins More potential. Some serious ROI when you see like 10,000%+ in a single year. You have to choose right. Or maybe even better.. work out a deal for half BTC, half ETH or something like that
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mroth7684
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January 04, 2018, 05:12:27 PM |
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nope. just like many people said. you should invest amount money you can lost all and live without it
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Cedrick
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Eloncoin.org - Mars, here we come!
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January 04, 2018, 05:16:45 PM |
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If you have 2 house it dosnt matter sell kne and then wait for 1 week buy ajother house using btc. Np.
I cannot believe my eyes that someone can suggest to sell house to invest. Investment has its own risks, first of all we should be aware of this fact. What if you lose your house money? if it is not so important for you then fine but I don't think there is someone here on bitcointalk that house money is not so important. golden rule mate, never invest with the money you loan from bank or selling your properties. Who’s out of the mind to sell their house just to invest in bitcoin? I think that is not a good suggestion at all. I maybe choose my house just for money. I don’t want to be homeless. There is another way just to invest in bitcoin. But not to sell your house.
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magicmeyk
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January 04, 2018, 05:22:04 PM |
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That would be insane to sell your house just to invest in bitcoin. There are so many ways to earn money and invest it.
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maynguyen
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January 04, 2018, 05:22:23 PM |
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It is crazy to sell your home to invest in bitcoins. What would you like if the price of the bitcoin suddenly dropped. It will be very bad if you lose money and you will probably have no place to stay.
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zakcooper40
Member
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January 04, 2018, 05:45:03 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.
I do not think this is true. If Bitcoin price is in trouble for 2 months wait it. Maybe you lose what you have and lose anything you do not have, a Bitcoin believer that doing so will make Bitcoin suffer from the rumors that Bitcoin is causing people to lose their way. must sell the house
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C10H15N
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January 04, 2018, 06:17:28 PM |
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No. But I may sell a little crypto to finish paying off my house.
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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BountyX
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January 04, 2018, 07:28:28 PM |
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That's the worse thing you could ever do. There is no guarantee that Bitcoin will keep growing, nor that it will do it when you need it. It could just tank 90% (happened many times in Bitcoin history) and take years to recover and you would have to spend your life in the streets. Or it may even never recover. And then, nor would you, homeless loser.
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zitbau
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January 04, 2018, 07:32:08 PM |
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That's a crazy idea. I do not want to sell anything to invest in it. It's pretty dangerous. I'm not sure that investing in it will bring much profit. Because investing in bitcoin you will be more at risk
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South Park
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January 04, 2018, 07:32:14 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 $472298.
would you try this technique.
No it is risky to use your real money to buy bitcoin looks price of bitcoin was less than 1$ when first trading done. it is better to invest in altcoin and wait 5 years Altcoins are even more risky investments, not only those cryptocurrencies can fail on their own but they can fail as well by bitcoin failing, so now you have two points of failure instead of one besides if you invest in a scam you will lose all your money.
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Erelas
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January 04, 2018, 07:41:27 PM |
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Too many, very, scary variables. You're always going to need someplace to live, if the house is paid for, then it is worth more to you, or should be, than the ability to speculate. One thing that is certainly more rare than Bitcoin is land, if you were to sell a bit of crypto to invest in land, that would be doable, they quit making it, unless you happen to live near some heavy volcanic activity. If you were or are seriously considering selling a home to invest in BTC, then it would be safer to just re-mortgage. I don't recommend re-mortgaging a primary residence for that purpose either. You have to have a backup, someplace to live. A second home, might be something to consider if you can make money off of it, that way if everything fails you at least have a roof over your head.
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VSV-777
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January 04, 2018, 08:09:35 PM |
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Инвecтopы yжe пpoдaют cвoю нeдвижимocть и вклaдывaют в биткoины. Ho пpoдaют нe вcю.
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