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Author Topic: Sell your house for investment in btc.  (Read 9156 times)
Sithara007
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December 23, 2017, 04:45:12 PM
 #601

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.

Your numbers don't add up. You are buying coins worth $259,900 and selling them for $498,198.

Here, the profit before taxes adds up to $238,298

Short term capital gains tax in the United States is 39.6%. That amounts to $94,366.

That leaves you with $143,932.

Or do you don't know how to sum and multiply?

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December 23, 2017, 05:04:38 PM
 #602

I own no property yet... So I won’t be able to did this 😂😂😂
bitfocus
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December 23, 2017, 05:46:57 PM
 #603

If you sell out your property for any investment, that's gambling. I don't understand why people do that! Why they forget the basic rules of investment? You should never depend on one income source and you should never bet everything on anything! Know what? Such crazy decision might make you suffer! Only invest the Extra Bucks that You Won't be Needing for a Certain Time.

Yes, Bitcoin is a very good investment and this dip market is good for real investors. People are selling as they are panicked and investors are buying those Bitcoins with their Extra Money or Any Loan that they Can Repay Without Selling their Homes or Properties. Investors are taking very very and very calculative risks - they only take risks that they can cover up if anything goes wrong - not everything they have!

If you want to sell your house, it's your choice, but I would suggest you to wait up, study bitcoin and market a lot, then try investing.
CoPil
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December 23, 2017, 09:27:13 PM
 #604

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. That's a very high risk. I mean, it is one of the basic needs... a shelter. I would rather invest with my spare money or sell a gadget or a car ( if I have one). It's a bad and risky move to just do something like that especially if your whole family will be affected by your decision.
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December 23, 2017, 10:05:08 PM
 #605

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 it is simply too risky to try such a thing, buying a house is something that takes the average person decades, you will be risking your well being and the well being of your family, you may be successful in your prediction but if you fail you are going to regret it for the rest of your life.
Rhesie
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December 23, 2017, 10:16:01 PM
 #606

I don't know if some investor try to do that. For me, sell your house for bitcoin is not a good idea. It is very risky. You don't know what will happen on your investment. House is very important for everyone. Your family will be affected if you get loss.
DPrillio
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December 23, 2017, 10:33:56 PM
 #607

I don't know if some investor try to do that. For me, sell your house for bitcoin is not a good idea. It is very risky. You don't know what will happen on your investment. House is very important for everyone. Your family will be affected if you get loss.
Yes, that is too risky just to think that we made a lot of efforts in a crypto world to have life improvement so that we can buy neccessary needs of our family but then we sell the most important assets from our family? that is a terrible thing to gamble on, much better to look any alternative ways before thinking that moves.

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December 24, 2017, 12:59:40 AM
 #608

Seriously? Shocked I wouldn't do that with any doubt!
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December 24, 2017, 01:26:29 AM
 #609

I'm gonna probably do that if I have a house to sell but unfortunately I'm just renting a small house, as of now I'm still saving to invest it to bitcoin because I'm sure my investment will be double or if not I'm sure I will have 75% profit from my investment in a short span of time and then I will reinvest it again to bitcoin.... again and again I will do it again until I can be able to buy my own house.
dark08
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December 24, 2017, 02:38:05 AM
 #610

I don't know if some investor try to do that. For me, sell your house for bitcoin is not a good idea. It is very risky. You don't know what will happen on your investment. House is very important for everyone. Your family will be affected if you get loss.
Yes, that is too risky just to think that we made a lot of efforts in a crypto world to have life improvement so that we can buy neccessary needs of our family but then we sell the most important assets from our family? that is a terrible thing to gamble on, much better to look any alternative ways before thinking that moves.

Super duper agree to you dont sell your assest because it so risky this is a crypto world we dont know what will happen in the next day, week, month or year if you really want to invest in bitcoin you can try to lend money or look for a job and when you earn salary you can put in in btc always think for your move!!

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December 24, 2017, 02:53:22 AM
 #611

If I had house I could sell 2 months ago and I would buy bitcoin. I knew that it would go up 2X at least. But now everything has changed. Many people are in this market and we dont know whats gonna happen. I wouldnt risk my house if I had one.

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December 24, 2017, 02:59:06 AM
 #612

No, absolutely not. I have read in the press some cases of people that are doing this and is stupid. The risk is wayyy higher than the reward, you are risking your life to be richer ( and the the crypto market is very risky per se). You should just invest what you can risk. Please never try to do something like that.

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malvinlee
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December 24, 2017, 03:14:23 AM
 #613

No need sell our house to invest btc bcos we can get a big earn money from btc to re invest btc
marjohn
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December 24, 2017, 03:15:42 AM
 #614

Selling your house to invest in btc isn't necessary.

There's a lot of ideas on how you can make profit without throwing a single cents.

Just stay still to everything you have, don't sacrifice valuable thing to this.

Because yeah, bitcoin is something that helps people for the day to day expenses.

But no to gambling specially your house.
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December 24, 2017, 04:36:40 AM
 #615

That is way too risky. I will never sell my house just to have an investment in Bitcoin. We do not know what may happen to Bitcoin. What if the price of Bitcoin suddenly goes near zero after you sell your house and then buy some Bitcoins. And selling a house is very difficult. It is not like selling a candy. It will take so much time before you sell it.
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December 24, 2017, 08:58:43 AM
 #616

That is definitely not a good idea to sell all your property for bitcoins as of now the value are rising but can go down any moment as the market is unpredictable
You can save some amount from your income and with that buy some bitcoins instead of risking everything
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December 24, 2017, 09:10:46 AM
 #617

Don't invest in Bitcoin what u can afford to lose it is speculative investment and market may go down and price stability will be very low if market fall down risking assets is high risk
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December 24, 2017, 09:12:41 AM
 #618

Please don't do that. You can make good money without selling your house as investment, by the way most of us aren't financial advisers or investment gurus just do your own research and make your decisions and only invest money you could afford to lose.

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December 24, 2017, 09:13:40 AM
 #619

It is not necessary to sell your house just to buy bitcoins, You should also think of your self on how you are going to live well. You can work on bounty campaigns to earn altcoins and exchange it to bitcoins when you have enough. Investing is not necessary if you do not have enough capital, Just do some services for ico and they will pay you a good amount of altcoins.
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December 24, 2017, 09:20:36 AM
 #620

Don't invest in Bitcoin what u can afford to lose it is speculative investment and market may go down and price stability will be very low if market fall down risking assets is high risk
i think investment in bitcoin now is very good job because the price of bitcoin is now very low and if we invest in bitcoin nowadays, so then i hope it will give us very high return because its price will be very high after the christmas.
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