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Author Topic: Sell your house for investment in btc.  (Read 9106 times)
michkima
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December 05, 2017, 01:31:56 PM
 #81

That is good and all, but my balls are not big enough for something like this. Not to mention I do not really aspire to be rich. All I want is financial security, for which that kind of risk is overkill.
Well you need to risk something to get something. If you don't risk your money then there would be any financial security to talk about. Probably if you are earning a good living then that is possible, but if you don't then probably bitcoins are still a good investment. I do think there is a good chance that McAfee's prediction will come true, since he even had the biggest balls to predict that by 2020 it would be 1,000,000. We will know by 2020 whether McAfee does have big balls though, if you know what I mean.
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December 05, 2017, 01:34:19 PM
 #82

It's a really bad idea dude. How if you sell your house to buy and hold Bitcoin but for few months Bitcoin price still the same or maybe even dump a lot? Will you sell all your Bitcoin to cut the loss or keep holding it and live like a homeless guy? I think you shouldn't do that Smiley). It's too risky just invest the money you have, don't sell everything you have to invest in Bitcoin Smiley

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December 05, 2017, 01:34:42 PM
 #83

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 is a very desperate choice for me, just imagine if I only have one house and make a decision to sell it then I have to stay on the road. for me it is a very risky thing.

bribed
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December 05, 2017, 01:36:39 PM
 #84

I would definitely dont do this! This is an insane risk that you would take by doing that. Imagine Bitcoin being only half or less after two months. You never know where the market sentiment goes. I know the impression after 2017 is that there is only one direction for crypto, but you should also consider what happened in the past, similar can happen again and then you will find yourself in a bearmarket that can last for a long time, without a house and only half of your initial investment value. I would suggest alway - only invest what you can afford to lose. We are still in a very volatile and unpredictable market here.
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December 05, 2017, 01:42:24 PM
 #85

Very bad decision to sell your house for just investing in bitcoins, there's a lot of ways to earn here in bitcoins like this signature campaigns here in the forum. You don't need to sell something and there's no money need to deposit but you have to wait for your account becomes a high rank. Maybe you want a fast income so the only think comes from your mind is to sell your house for a big capital and the higher the capital the higher the income you'll get but you're wrong investing is too risky if you have no knowledge on how it goes.
Geoll29
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December 05, 2017, 01:50:39 PM
 #86

I wouldn't recommend that man . Bitcoin is truly a big help and a quick way to gain large profit is by investing a large amount but A HOUSE is a human need and we shouldn't exchange it for that. A car can do but not a house.

NeoTech42
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December 05, 2017, 01:57:54 PM
 #87

This is clearly a highly risk decision as your house is the basic step of Maslow pyramid.
It provides you safety, a place to sleep and so on. But i guess, if you did this bet and you would turn your investment in a multimillionaire profit, then everyone will call you a genius  Wink
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December 05, 2017, 01:58:34 PM
 #88

Not a good idea, it is just like you are gambling making your house the collateral. Bitcoin is volatile and anytime the value may go down and you will wake up that you dont have anything. I think you should not sacrifice your property for bitcoin.
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December 05, 2017, 02:02:48 PM
 #89

We all know that's just stupid. Bitcoin is very unstable and you shouldn't risk everything on it. Do that if you have extra properties and if you;re rich enough. Taking risk shouldn't be that way. That's just being greedy and blind for money, have some strategy.

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daadi059
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December 05, 2017, 02:15:40 PM
 #90

you should not sell the house to invest in Bitcoin, it is very dangerous. Where risks are also unpredictable what. why not focus more on making money without having to sacrifice all your memories with your house
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December 05, 2017, 02:17:12 PM
 #91

For those who are risk taker, this is not so challenging, but for me, I don't have a guts to compromise the health and security of my family.

Maybe I will give this a try if I am still single and no other obligation.

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peter0093
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December 05, 2017, 02:20:44 PM
 #92

i well also sell our home fro investing money in bitcoin for maintain it
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December 05, 2017, 02:21:48 PM
 #93

I think selling your house for bitcoin investment is not really a good idea since the risk in investing is really high.Were also talking about your primary need.And the probability for you to gain something with bitcoin is not really that high.

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December 05, 2017, 02:24:56 PM
 #94

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.
Wow it is very funny and effective technique. Someone can buy his house for  getting more profit.  But i don't it.
darthmaul
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December 05, 2017, 02:30:11 PM
 #95

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 won't do this at all. I mean have you considered a scenario where reverse things has happened?

Selling your house $259,900 that is 43 BTC and after 2 months the prices came down due to forking or may be due to panic sell attack. This driven the prices of BTC = 2K USD which we had it at the start of this year. Then the whole thing is upside down. You 43 BTC  = 86K USD which is almost equal to killing yourself!

Also, consider this scenario, BTC = banned currency in your country. So your BTC = dead investment at that period. So again its as equal as to the dead man's chest!

I feel great that you seeing it as positive opportunity but really I wouldn't try it out by selling the whole property for it. I would rather just work on campaigns and hold these satoshi's for long. Im happy with that. :-)

 
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Famnant
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December 05, 2017, 02:31:30 PM
 #96

It is always good to invest in Bitcoin and to take risks, but seriously Selling your house is not a really good idea, that isa big Risk, what if Bitcoin will go down, you probably will lose all your money and house if that occurs... personally i would not do that.
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December 05, 2017, 02:33:24 PM
 #97

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 the benefits can be doubled even doubled. but too risky. I guess someone does not just have to sell the house and invest in bitcoin. need extensive knowledge of crypto. this will reduce the risk that can happen anytime.

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December 05, 2017, 02:41:54 PM
 #98

will never try these lol. its a bit suicide, i woulod sell my house if an only if i have anohter one to live or can live in an apartment , but giving everything in a risk isa stupid ove , noone ever knew what exactly will happen to bitcoin..

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December 05, 2017, 02:45:36 PM
 #99

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 will never try this. Just imagine being homeless in 1 week is very hard. Anyway, it's really impossible to do this. Maybe you can sell your other real state or other gadgets, cars, valuable belongings for btc, this will give your real profit at this current rate of btc.

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December 05, 2017, 02:56:21 PM
 #100

hindi ko kayang ibenta ang bahay dahil isang gamit na hinding hindi kailangan maagaw ng iba
at ayaw ko din sumugal sa walang kasiguraduhan
at higit sa lahat importe ang bahay lalo na sa ating pamilay
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