Sell your house for investment in btc.

[ronremsey25]

If I have another house why not? But if i'm going to live in the street, it is a high risk. Bitcoin price is unpredictable so you can know if you will profit or not easily. If you house is large enough and have many rooms inside, it is better to have a boarding house. Boarding house will provide you money and still , there is no risk to lose your house.

[Tavarez]

Jesus, normal person would never do something like that. there is absolutely nothing wrong with buying and holding long term. Bitcoin has proven that again and again. If that's your deal, try not to let the ups and downs get to you. If you plan to buy a little here and there, that's awesome. If you aren't a trader then the short term means little and pull backs are like discount opportunities. Who cares if it's 16,000 or 19,000 at the moment if you aren't adding right now and have no plans to sell anytime soon. If you have spent your hard earned money on an investment and are worried by the moment to moment fluctuations, then how much do you really know about what you now own? Learn about it and find real confidence.

[suvo05]

I don't know it is usual in your country to sell your house or not but in my country selling house is considered as stupidity. And here people sell there houses if he have no option but to sell the house.
If you are that much of confident then you can take loan and buy btc and that is less dangerous than your method.

[siti25]

I do not have a home on my behalf, but even if I had I would never sell a house to buy bitcoin and have to stay on the street. What if in that time bitcoin prices actually go down? We should not panic if bitcoin prices go down, but if we do the thing you mention and the bitcoin price goes down, I think it's stupid.

[enwi]

no, no, I will not do that because I need a home for my family and I would not risk it to buy bitcoin because in bitcoin unpredictable, I can lose home and I think it is a bad idea, do it naturally and do not risking everything

[Pan Troglodytes]

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 that is terrible shortsightedness.

But actually many people do that, there was a thread today in this forum that it is becoming a plague in US, that Americans take mortgages to buy bitcoin in hope to have huge returns from this investment. What can I say? Good luck folks!

[Ranly123]

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 prefer not to do that technique. That is more risky than bitcoin, imagine yourself on the street for two months without fiat money. How would you survive and how would you connect to the internet to sell your bitcoin. Though that idea is posible if you have funds remaining for you to survive that 2 months of famine. Another thing is at that time you sell your house to bitcoin you didnt know what future holds for bitcoin if it would rapidly rise or else lose its value. That technique you say is doubling the risk on you properties.

[Malamok101]

this is my first time too hear, its funny but i think thats worst that you gonna do.Why? because i bet you sell your house just for bitcoin just like that because you do not have to live when you sell your money, because if you can earn it in the forum you'll just earn money for it because i bought you money bitcoin it also falls and the price rises so you are also losing money.

[bakerlisa510]

You can do whatever you want, but you should be ready to face the consequences also!

Selling everything and trusting everything on a virtual thing is stupid thing, but stupid people are billionaires nowadays.

[BAGOBO]

no, no, I will not do that because I need a home for my family and I would not risk it to buy bitcoin because in bitcoin unpredictable, I can lose home and I think it is a bad idea, do it naturally and do not risking everything

I really agree with you, home is a valuable item, home is a gathering place family. if you want to buy Bitcoin better you work first and collect capital to buy Bitcoin. the home for the fun and family laughter.

[Edrian]

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 funny to read this kind of idea. Yes, it might work, but this kind of idea also terrified me at the same time because we don't know where when bitcoin drops its price and it was a freaking house, what if you don't succeed, you are going to be homeless, but if you're lucky enough then the price you invest will double or triple and that will going to make you reach.

My answer is I will not going to sell my house for a bitcoin, but if I have 2 houses then why not

[ivanst776]

I grew up really poor but saved a lot of the money I made in high school. I invested 10,000$ into btc when it was at 220 / coin, just sold for 75Gs. Buying a property for me to live in, first one in my family
edit: I'll look into paying the dang capital gains tax, jeez.
Edit 2: Also sorry guys the price tanked when I sold

Should have only sold as much as needed for minimal down payment. You will do better holding bitcoin than dumping it into a house.

Buying property in Kansas so it's pretty cheap, buying it outright

Mate it is hard to have that much expensive place and for this you will have to make a lot of effort and it will be a kind of saving as well but if you want to sell your property for the sake of bitcoin investment will give you high profit and it will be more profitable than that of keeping properties and a piece of land, I am totally in favor of bitcoin and I think it is going to give a safe and well settled place in now well.

[conected]

no, no, I will not do that because I need a home for my family and I would not risk it to buy bitcoin because in bitcoin unpredictable, I can lose home and I think it is a bad idea, do it naturally and do not risking everything

I really agree with you, home is a valuable item, home is a gathering place family. if you want to buy Bitcoin better you work first and collect capital to buy Bitcoin. the home for the fun and family laughter.

- The house is really a very important place for everyone, it is the most peaceful and happy place that we need when we are tired, failed and face the stress in life, sell our house to invest in bitcoin, it's a stupid idea and too dangerous. Although the current investment in bitcoin can bring huge profits but nothing is sure and forever, Bitcoin is still risky, we put all our destiny and our family into it, sell the house, our family will live on the street in cold weather, I do not know that they can endure until we get profit from Bitcoin or not, I can not take the lives of the whole family to bet, that's too stupid. We should remember that money can be earned but the family is impossible

[fianaindriati]

Selling my house for bitcoins investment is not good idea for me. Because my house is real assets for me, while bitcoins is personal assets. It is hard to acquired real assets today it need much money to build . While investment in bitcoins need a small amount but more time to work for, reading and understanding is key for investing .

I feel that selling a house as a btc investment is not a good idea. I'd better advice my investment with what you have only.
do not sell your possessions for use as bitcoin investment costs.

[markers]

In my current situation, the above-mentioned approach is unacceptable. The proposed bet is too big relative to my current wealth and it does not matter at all how big the corresponding prize is. 

[regan101]

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.

Selling the house is not a smart move to invest in bitcoin though we see the increasing trend of its value and the surge percent increase for the past 3 months. Bitcoin is unpredictable and no one can tell as to when the value change. We can use other source to invest but the house we lived in is not recommendable.

[Rosilito]

Not a good idea. Well, in my opinion instead of selling your own house why do sell other things or luxuries like cars, necklace, or some other stuffs that costs a large amount of money rather than selling your very basic need to survive life. Some factors to consider, first selling your own house well a big amount of money then you will invest on bitcoin and yes guaranteed it will grow bigger but that is not really sure on how big it will grow and there is a possibilty that it will go lower also. Next one is monthly payment for your rent is also a cost. So why do settle selling the thing that may cost a lot and also a trouble, depending on bitcoin to get rich is not a good idea as you think but you have to consider something it might be an internal or external factors.

[fachant]

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.

Sell the house to buy Bitcoin? I don't think that's a good idea. This is too big a risk for me. And what if the price drops. How long can you live on the street and wait for the price to rise. But big risk is a big profit.

[BlackRacerX]

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.

Definitely. I once read in some news that a family did sell their house and then bought bitcoins with their money. After that, they lived in some shady drag-along house. Nevet heard from them ever since. But I'll guess they might've earned a lot now because that news was around September 2017.

[BingoDog]

The chances for profit look good and the price is on the rise but stil selling a house to buy bitcoins is not very smart decision. Especially if this is your only house you live in. The fact is you can make profit and out of this funds buy another house and still left some savings but you might as well lose. I think investments in bitcoin should be done with the funds you don't need and that is basicly the rule for every investment. Keep in mind that always something can go wrong and you mustn't take biger risk that you can accept without biger consequences.