Sell your house for investment in btc.

[btcjocan]

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.

Yes, it is really a crazy idea. If it will be done by someone, it is very terrible because they will lose their shelter and what will happen to them? Where do they live if they will sell their house just for the sake of investing in bitcoin? Our goal is to earn in bitcoin but not to lose anything especially the house that shelter us from the outside forces that may threaten our lives.

[Luckylegs]

How about, sell your house for $259,900, buy a smaller house/flat for $179,900 and invest $80,000 in Bitcoin?!!! That's a win/win! Seriously, the main reason to earn money is to secure a home isn't it? Why risk all your home's worth? I guess I'm just not that brave.,...even though I think it's just the start of Bitcoin...

[Kossa]

It apperas that it could have been great decision at the beginning of the year, but now I doubt in it. We are after huge pumps and sudden price drop is very likely. I do not mean by that it will not recover, but when you invest your home stake is just too high. Most of us will not be though enough to withstand even short loss of 30 or more percent of capital which is credited by your house sell. If you ask yourself if you need a new car or used one and invest savings in crypto then this is a gamble I can understand.

[jhonjhon]

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.

If you can really can afford to loss your house just for the seek of buying bitcoin,  then it is okay.  But is totally not a good idea,  much better to find other ways to have bitcoin rathen than of selling your fix properties.  We know bitcoin isn't  stable and everything might be change.

[pikebu]

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 want to try this technique because that's not technique investing in digital coins, will be more suitable be considered as gambling than investment or trading technique. You just think about the profit in bitcoin with and prediction of price for couples months later without any method analysis technical or fundamental, in your technique there are no money management ( must sell house for investment in bitcoin) and there are no risk management (must be live in the street) you don't calculate how if the price of bitcoin goes down.

[Celebrity]

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.

Yes, it is really a crazy idea. If it will be done by someone, it is very terrible because they will lose their shelter and what will happen to them? Where do they live if they will sell their house just for the sake of investing in bitcoin? Our goal is to earn in bitcoin but not to lose anything especially the house that shelter us from the outside forces that may threaten our lives.

They call this as technique but this is not a technique guys, come on. This is just a wrong idea, it's more like gambling with your money. And at the end, you can stay homeless forever if you can't win this gambling. Don't try.

[chickenado]

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.

Too much risk involved in this idea.I suggest not to sacrifice your house because of bitcoin..there are some other ways to earn btc without risking your precious shelter this is a very great sacrifice for you and your family.If i come out in that idea maybe that time i am crazy because i cant afford to see my loveones living along the streets that is so dangerous.If you want to earn bitcoin work hard on it theres no instant money everything needs long process to earn it just have patience

[Ulumorzki]

I don't think this would be a good idea. What if you don't got lucky in investing to BTC, what will happen to you? You become a beggar in the street and asking for something to be eaten or money for you to live? Think twice or thrice for your future. Bitcoin is a good investment, but it doesn't mean that you need to sell your house just to invest in BTC.

[inthelongrun]

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.

LOL. There's the Bitcoin hardliner. You have just made my day.  That proved to be a good move but it was also extremely risky. You could have ended up living in the streets for good. I think it is a little bit cool but only if you do not have any family to support or provide. You may risk everything in that way. But if you have a family, that is not a cool idea definitely. The point however is that Bitcoin will always increase in value. 

[nerverd99]

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.

Just a crazy idea and too much risk,you may lose more.Better invest in bitcoin coming from your extra money.

[Lucas*]

I would never do such an insane thing. First of all there is no guarantee that your investment succeeds. I could always fail and no one can really predict such fluctuations. Secondly, I'm personally a risk averse person. Seeking risk even for so much profit is not my thing.

I have 2 questions for you , first what if the price of Bitcoin go down , you will lose your money for nothing it means you will be in the street all time . and the second one what if you earn the ammount that you think and in the same time the value of houses rise x2 or x3 ! The advice here is to invest with an extra money and don't think to Gamble with houses or cars .

[mrcash02]

I know there are some people doing this recently. That is a very risky move, especially for those who have family, more precisely children. The profit is insane, but I think it doesn't worth in the end. I believe we must have respect for our patrimony, what we have conquered is a big achievement and shouldn't be wasted in speculative moves like that. As others said, better to invest only extra money in BTCs, don't sell cars, houses, lands or any other important thing to buy BTCs.

[Casdinyard]

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.

If you can really can afford to loss your house just for the seek of buying bitcoin,  then it is okay.  But is totally not a good idea,  much better to find other ways to have bitcoin rathen than of selling your fix properties.  We know bitcoin isn't  stable and everything might be change.

It's not actually new as there's a family that sold their properties and bought bitcoin and now living every where and they have a good profit. But in the end of the day it's not actually a good idea though. You're risking you're family's safety just to know how far can bitcoin can take you. Well maybe luck find them but you should think that their luck mustn't be yours and we all have different stories to make.

[Andre_Goldman]

the former members of this forum will say ... Déjà vu ...

"Buckle your seatbelt Dorothy, 'cause Kansas is going bye-bye!'"

[merlyn22]

i will never do that what will happen if bitcoins drop down? i will never sacrifice my property . invest only what you are willing to lose. investment is like gambling no one knows if win or not.

[Lodi0808]

I think I just watch something like that in youtube, the guy sold all his property and put everything on a single bet in roulette. Luckily he hit the jackpot and it change his life instantly. Sometime you have to take the risk to earn your reward.

[lazaruseffect11]

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 technique is a very risky one. Selling a house is not that easy. Also, you have many things to do and manage before you can sell your house. Keep in mind that not all the time, investing in bitcoin can give you a huge amount of profit in a given time. Bitcoin can also experience crash that will make its price lower and you will lose some money that you invest. For me, its depends to a person if he/she will be risky in doing this technique.

[kevindeangelis]

I heard some people started doing this but i wouldn't say this is a "technique" lol. I mean are you guys crazy? No one knows what will happen tomorrow, why would i sell my house? I don't think so..  

[Wicked17]

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 move will be very risky , you will gamble your property just to hope and make some profit in bitcoin. I don't see this as a technique but a stupid move for the house owner. I recently read in social media that a family also sold all of their property including their house and cars just to invest in bitcoin.

[primeminer]

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.

Just a crazy idea and too much risk,you may lose more.Better invest in bitcoin coming from your extra money.

yes it is true, by selling the house then used to invest in Bitcoin I think it is very bad. it's better to use your hard earned money to invest in Bitcoin. I totally agree with you