chichiah
Newbie
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Merit: 0
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December 05, 2017, 08:29:20 AM |
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Not great idea that you sell your house and turn into a bitcoin. Your house is your permanent property but bitcoin is a risky investment. It just taking the risk in bitcoin wether you win or lose.
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invincible49
Sr. Member
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Activity: 565
Merit: 268
Remember who u are, what u are & who you represent
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December 05, 2017, 08:32:08 AM |
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hahaha you are talking about a huge risk which sounds stupid but yet it is also a very good advice given the market condition. Although there's no stopping of btc I'd still not invest in it by selling my house if I had one! The best suggestion we can give people is that only invest what you can afford to lose mantra!
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taiwww
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December 05, 2017, 08:35:32 AM |
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It will be a gambling. Today bitcoin prices are rising daily. It has already crossed $11000 mark. Cryptocurrencies are predicting their targets from$11000 to $1,00,000 in next 2 to five years. Bitcoin is a decentralised cryptocurrency, it is not backed by any government, bank or by any financial organisation. So no one is there to take guarantee of its price. Its supply is limited in numbers, as a result it is the most volatile currency. It moves both up and down side with great pace. It has fallen more than 25% at once. So trade or investment is quiet risky. So it is always a foolish act to sell existing property and invest the same money in bitcoin. If you have surplus money than bitcoin is the best option to invest. if may have you more than ever expected or u may lose more than ever dreamed....!!!
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Protected101
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December 05, 2017, 08:38:24 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.
I think that is not a good idea if you dont afford to loose everything you might be gone and loose.Price of bitcoin is volatile and we are not sure of how long it can be invest what you have and not everything you have in your asset.
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Risktaker31
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December 05, 2017, 08:39:40 AM |
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You shouldn't sell your house for just an investment on bitcoin just invest money that you can only afford to lose . Everyone know that this bitcoin is highly volatile and can drop its value in just a snap of a finger.
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Tamilson
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December 05, 2017, 08:39:59 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.
What will happen if the price of Bitcoin will go down? LOL. Don't make Bitcoin as a gamble of your daily life. Oh well I'm not surprise with this idea to pop in someone's mind as bitcoin price is so tempting and someone will surely do anything to have some even in selling their organs. Sounds funny but it's a reality when someone is so desperate he'll definitely take risk even his own life is at stake. And with that said, even a house can at for sale then even in bargain price.
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Happy Coding Life
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yanetriwidia
Jr. Member
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Activity: 229
Merit: 2
∞ HYPNOXYS | A Backed Protocol To Decentrali
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December 05, 2017, 08:43:40 AM |
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I dare not do anything crazy. will definitely be very big with the risk that you will receive. The bitcoin prices are unstable and I do not want to compromise. For me, I will invest in bitcoin that comes from my extra money. LOL
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Kousei23
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December 05, 2017, 08:45:14 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.
No. I don't think that it is a good idea because we all know that anybody here in tge earth need to have a house that would likely to give them comfortable. And we all know that investing big in bitcoin is a very dangerous thing that we must ovecomr in ordsr for us to avoid loosing. And we all know that bitcoin is good but we don't need to sell our property just to earn it.
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Twentyonepaylots
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December 05, 2017, 08:46:23 AM |
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i would never try this technique in a thousand years, i mean who would exchange their comfort for just a profit, the profit is pretty big but doing your work inside the comfort of your own home is much more worth it than doing it in the streets.
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Destroyeroff98
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December 05, 2017, 08:50:04 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.
I think if I had a house this price, I had a good income. That is, I could just buy Bitcoins for my income and make long-term investments. In any case, I do not advise to invest all assets in Bitcoin.
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Tuanken897
Member
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Activity: 294
Merit: 10
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December 05, 2017, 08:51:14 AM |
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You sell your house and when the price of bitcoin go down then you will go far.. Try to find a new ICO and invest Oneday you'll be rich... Hope and wait...
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ajochems
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December 05, 2017, 08:55:14 AM |
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I thought it was a crazy idea, but did not rule out it would be a brilliant idea. but, I think it is not wise to invest all wealth into bitcoins.
I don't think this is the wise idea,I agree you can inverse all your holding in bitcoin. Even all of your life savings in bitcoin ,surely you will get huge profit from bitcoin and make your money double or triple by investing in bitcoin. But don't sell your house to inverse on bitcoin. I don't say you lost your money, house is not a house, it's full of your memory. So don't lose that.
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weredo911
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December 05, 2017, 09:12:48 AM |
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that is really a good way to earn money. However, I think that there is rarely people willing apply this strategy. It is so risky. What happens when after 2 months the Bitcoin price does not increase? where will you live in?
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I have pretended to be mentally retarded for seven years.
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cluend
Member
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Activity: 62
Merit: 11
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December 05, 2017, 09:33:02 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.
it’s risky idea specially when lose will lost your money ,house and future. for me will never sell my house even some one pay 10M dollar for me
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bitcoinhunter1221
Member
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Activity: 266
Merit: 13
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December 05, 2017, 09:41:54 AM |
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I think that's a bad idea. We don't if bitcoin would increase or decrease for the next coming months. People could predict it's just a prediction. No one is sure about it.
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tanghere1
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December 05, 2017, 09:51:00 AM |
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I wouldn't dare to do that. Bitcoin market is a volatile one, it can crash at any second and it can recover after a few months, meaning you will be on the streets for a little longer than two months.
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cipher-x_09
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December 05, 2017, 09:59:03 AM |
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Too risky sir, have you ever heard spend only what you mean its not that I am a believer in bitcoin or something. It's just that you need the look on the opposite side of things too not all are going according to your plan there is always gonna be an up and down. Equivalent exchange before you gain you need to lose something. And also the question here are you willing to risk your house for bitcoin.
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Ronaldcoin2017
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December 05, 2017, 10:02:00 AM |
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Well i think selling a house for investment is really a big mistakes it is not nescesary to sell a house only for investment.Investing is also has a big risk and it is not really predictable that we can asurely gain profit on investing it is also depend on your luck and experience i believe that investing is also a risky type of ways on gaining because it is also depend on your decision.
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James Messy
Jr. Member
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December 05, 2017, 10:02:35 AM |
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I think no one will do that. Selling your house for investment in BTC likely seems to appear a good question.
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yulionoo
Sr. Member
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CryptoTalk.Org - Get Paid for every Post!
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December 05, 2017, 10:09:22 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.
what you are doing as long in street? and how about our all property? and after 2 month, your house's price will grow at $500k if you try your thought, you will lose much money. why not try loan at bank, and after 2 month you give back the money?
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