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Author Topic: Sell your house for investment in btc.  (Read 9161 times)
smile1218
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December 23, 2017, 12:38:53 PM
 #581

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 could be a nice technique but my question is are you going to risk your property just to be able to invest in bitcoin? How can you control yourself if you loss your investments? This idea is good but i will not do this definitely I would find other way for me to invest in bitcoin but not this way because this is already a gamble what will happen to your family if you sell your house? So think first before gambling your own house to be able to invest.

Seaze007
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December 23, 2017, 02:45:27 PM
 #582

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 I dont sell any of my property to invest bitcoin,  because we dont need to invest or need to gamble using our property.  Because that the one that we invest for our future. 
niemsarkar
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December 23, 2017, 02:56:55 PM
 #583

Its fully depend on you because if you don't have enough money to buy bitcoin you should sell your house for arrange money.
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December 23, 2017, 03:02:21 PM
 #584

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 very dangerous because we can not predict Bitcoin prices in the future. For me this is a risky investment, but if the Bitcoin price increases, then you will certainly have a huge profit and can buy 2 more houses






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Eclipse2021
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December 23, 2017, 03:05:52 PM
 #585

This is super bad ideea right now. If you have think at this 3 years ago yea , right now you were leaving in a castle. Never invest what you can't afford to loose , it's a daily reminder. Us , the newbies and je.members we are just at the beggining of the road so heads up.

 
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Eugenar
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December 23, 2017, 03:06:57 PM
 #586

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.
That's too risky. Selling your house just for the sake on an investment or any investment not only in crypto, will be too risky. Especially in Bitcoin which is volatile in nature. Its market value is changing from time to time. Its market price oftenly falls so the profit will not always be high which has a tendency of losing money including the capital from your house which will be sold. So you better think of it.
virendarnagpal
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December 23, 2017, 03:19:58 PM
 #587

There are three basic needs of human being.  First and topmost is food; second is shelter; third one is clothing.  Why one earns just to fill his above mentioned three basic requirements.  Without food no one can survive  for more than 6 to 10 days or few more days.  Without shelter / house his life will be very difficult. 
We earn money to make our life easy and comfortable and we invest only after meeting these basic requirements.  I think that idea of selling one's shelter(house) to invest in some attractive item is not much prudent decision.  Today he is selling his house the other may say why not stop eating and just invest for expectation of returns.
I am not against investments; but it should be done only after meeting above needs.   So no need to sell house.  Just work hard; earn more; and then save in bitcoins.
Cloak1
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December 23, 2017, 03:32:26 PM
 #588

No way. I will never sell my house just for investing in bitcoin. I don't want to take the risk. If you're lucky,  you might get more profit. But what about if the bitcoin price goes down and it will be very long to go up again? Can you imagine what will you be? Of course you will be a homeless,  no more home and no money.
DenkoViewly
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December 23, 2017, 03:36:56 PM
 #589

That is a too much of a risk to take, selling your own house and being homeless. I would never advise anyone to do that. Find other ways to get some money, plus being homeless could get you into more problems even health related ones.
bakujo0817
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December 23, 2017, 03:45:54 PM
 #590

WOW! this is crazy idea to sell house for btc its a big risk no doubt you can earn in investing in bitcoin but it takes time,patience and how you handle situation in up and down in bitcoin for risking your house for btc you dont what might happen u can lose your house for that just think other way to earn btc even takes long way as long as you profit thats ok.
BlackPanda
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December 23, 2017, 03:51:36 PM
 #591

As a way to get capital then there is no harm. But when we sell our own house then it is a crazy act, home is a reflection of our lives. When we sell the house then everything in my opinion is over. I will not impose the will and will not do so any condition of the current digital currency. Everything can be done in another way, search and think because you can definitely get another way that much better.
lucifer2
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December 23, 2017, 03:57:14 PM
 #592

before investing notice the risks.

do research before investing so losses can be minimized losses..

and you know  price bitcoin up up up down up up down down up up up down up down and up again.
Nevis
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December 23, 2017, 04:00:19 PM
 #593

It's a very bad idea. Selling your house for profits that you are not sure to get? I will never risk it. I would rather sit in my home and relax while doing all Bitcoin stuff and working hard to grow my money. As long as you are good, I think it's better to earn money in the safest way possible. Bitcoin is still not stable. Right now, it is depending on the market demands and supply and its userbase. I think, for a very unstable currency, risking your house would really be a bad idea.
GreenBits
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December 23, 2017, 04:01:31 PM
 #594

Since I don't own any properties, I will not do this. Why do you need to do this ? why not focus more on getting money without sacrificing all your memories with your house. Yes bitcoin is really profitable but doing this is not an Ideal thing, save money then invest on bitcoin later on.

LOL, to hell with a memory. New ones can be purchased  Grin

This a bold but rewarding strategy. Rather than sell the house, think I would take the equity out and gamble with that. essentially, you dont have a crystal ball; if your asset suddenly goes south, you have the very real danger of losing the original quarter million dollar plus asset, which would set you back a decade. dont ever take this much risk, esp with a family. get a loan against the house, and go in partially, so if you do mess up, you arent instantly destitute/underwater.


but man, if this worked, you just made a free house + an additional houses worth of money. thats a hell of a payoff, and worth living in a rental for a few years IMO
jdeanne92
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December 23, 2017, 04:05:23 PM
 #595

That would be rediculous. Im not going for that plan. A house would be a very important thing for a person to have. You would like a beggar if you have no house.
mriansa
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December 23, 2017, 04:07:33 PM
 #596

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 not very necessary as it is very exaggerated, if we really do not have capital for trading we can participate and follow ICO campaign program to get additional cost for trading capital.
umbara ardian
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December 23, 2017, 04:10:35 PM
 #597

what do you think? this is an unreasonable idea. bitcoin is not a guarantee if you will earn a profit within 2 months. there is no certainty in all that.

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December 23, 2017, 04:17:27 PM
 #598

It's very bad idea. Why the price of BTC may decrease or increase at any time. It may be that the BTC price you bought with the sale of your home is so low that you do not want to sell it again because of fear of loss. Then it will be difficult to keep your life alive.
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December 23, 2017, 04:30:46 PM
 #599

Somebody in the Netherlands already sold his house to invest in crypto, he got 85 bitcoins for it in september 2017 and is currently living with his family on a campground.
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December 23, 2017, 04:32:38 PM
 #600

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 I don't want to sell my house for bitcoin, you know bitcoin is very risky you might lose your bitcoin and can you survive only 2 months in the street for bitcoin? what if its not increase anymore are you willing to hold your bitcoin? selling your house is bad idea to invest you should have a job then you invest in bitcoin from your salary.
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