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Author Topic: Sell your house for investment in btc.  (Read 9162 times)
gabbie2010
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December 11, 2017, 03:21:39 PM
 #281

Taking the risk in selling my house does not worth it at all, there are some risk that does not worth taking, what if the price of bitcoin suddenly crashed to $100? obviously this will lead to health hazard such as stroke of course recovering from such a massive loss is not easy to materialize then why will I take such a catastrophic risk?

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December 11, 2017, 07:02:57 PM
 #282

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 a gambling if you have other place to live  " family house " take it

don’t gamble to be rich be smart and build your dream with small pieces.
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December 11, 2017, 07:24:10 PM
 #283

If you dont mind living in the streets if your plan fails, then sure go ahead  Grin

Please ask your family first  Tongue
learner 7
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December 11, 2017, 07:47:46 PM
 #284

Many hope that bitcoin will go up and their hopes are not unfounded. But we know how this or that news can affect the price. And you can lose a lot. Do not invest more than you can afford to lose.
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December 11, 2017, 08:54:18 PM
 #285

Definitely would not do this. Would be way too risky for me. I mean sure, if you get lucky this kind of gamble can make you rich, but on the other hand it could also make you pretty poor pretty fast. I would, and do, only invest in crypto what I am 100% sure that I can afford to loose. Running into financial misery because of investing in a highly volatile market would be not cool at all. I would rather take out a loan and try it with that (although I also think that this is a bad idea, but its better than gambling with your house).
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December 11, 2017, 08:56:35 PM
 #286

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 wouldn't take the risk  Grin , maybe i will sell my BTC, buy house and rent it to people so i can get income and still have the house than i must sell my house to buy BItcoin with its volatily

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December 11, 2017, 09:01:06 PM
 #287

I think selling a house to invest bitcoin is really not advisable by an expert if we want to invest we dont have to include our house as an investment  because some or maybe more crypto investment id really like gamble we can really assure the return because it is really not predictable we really ont know what would happen to it someday or maybe in the next time arround.
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December 11, 2017, 09:03:17 PM
 #288

Quote
Just a crazy idea since I am single in the house. And was just exploring and engrossed how powerful the BTC is.

WOW. Bitcoin is definitely POWERFUL if people are considering going homeless to chase the gamble
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December 11, 2017, 09:05:10 PM
 #289

No its not necessary for us to sell our house just to invest on bitcoins. You can work on bounty campaigns and earn altcoins then exchange to bitcoins or invest on building a mining rig after you earn altcoins, Just work for it to earn profit.

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December 11, 2017, 09:05:31 PM
 #290

Kidding aside, its possible if you have an extra house. The profit you will gain will increase as the demand for bitcoin also increases.
yeah Its going to be one of those moments in your like where, in 2 years from now your going to look back and say....................................... ive been there before , but everyone has to be responsible if you have people that depend on you .
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December 11, 2017, 09:11:57 PM
 #291

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 would not, otherwise I would have been doing it. I am familiar with these thoughts, acutally I do have them often. Honestly I do trust in bitcoin but I would not risk my house (which I do not have), call me covardly but I would never bet everything on one horse.(german saying)
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December 11, 2017, 09:13:31 PM
 #292

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.

This is one of the thing that i don't like to do, and never! This is so riskier than other things inside the Bitcoin world. Much better that i will take risky things like Investing and Trading with other people than this thing. Yeah, great opportunity and nice idea but what if tha price of bitcoin falls again? This is the worst thing if that happens. Don't put all your trust on bitcoin because bitcoin is volatile. We cannot predict when its price will increase or decrease.

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fitzzz
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December 11, 2017, 09:32:31 PM
 #293

im not going to this. this is bad idea to put all-in. if you have an extra you can do it.. always keep in mind dont put all eggs in one basket
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December 11, 2017, 09:54:42 PM
 #294

sell house for bitcoin investment? big risk. what if bitcoin prices suddenly come down? in addition to losing investment, can also lose home. well, be a smart person in getting the capital. there are many ways besides selling the house. do not just dream big profits, must be considered all the risk factors and anticipation.

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December 11, 2017, 09:58:03 PM
 #295

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.
You'll laugh, but I wanted to sell the house and car and buy bitcoin. It was at the end of the summer. But I was scared, and now greatly regret.

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December 11, 2017, 09:59:55 PM
 #296

i think not good idea selling the house to invest into bitcoin, my reason house is also a long term investment for my opinion like bitcoin holding for long term get a huggable profits, property is also profitable as long term investment, i believe every head of the family provide the house to shelter their family in better place.
i suggest find the another source to get an capital if want to invest in bitcoin.

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December 11, 2017, 10:18:57 PM
 #297

It makes sense in some way but selling your only house is very risky and not a wise move. Our house is one of the important and valuable properties we own and all the sentimental value, those great memories and not so good memories are priceless. I would consider other sources but not a house
Selling my house for investment is risky and i dont want to take a risk because it is not right thing to do, there are many way than selling my house. Like all my earning in bitcoin is i'll keep it or store it to my wallet, then if i have a lot of collecting coin and since its value is rising. I will put my half saving in invesment.

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December 11, 2017, 10:24:18 PM
 #298

Just No.
property is the best and safest investment in the world
the bitcoin can be crashed at any time.
if you have two houses yes why not to try this crazy idea hahah  Grin
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December 11, 2017, 10:29:28 PM
 #299

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.

Why do people are so greedy about bitcoin? This is a terrible advice in my opinion. If you play all your cards, even your essentials, there is a risk. You don't have to invest right now since the price is too high for an average citizen. The right play is to study the graph of its fluctuations to determine to minimum average price when you will start to invest. Play safe.
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December 11, 2017, 11:11:49 PM
 #300

      I can't imagine this,selling your house to invest in bitcoin? Bitcoin is so risky and for me i'm not going to sell my house just to invest in bitcoin. There is so many ways if you want to invest in bitcoin without sacrificing your house or any real asset that you have. What if you sell your house just for bitcoin then after you sell it the bitcoin price go down,so you lost your real property,you lost also your money. Just think that bitcoin price is not stable,changeable,volatile.

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