kodtycoon
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January 09, 2018, 04:56:11 PM |
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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.
The technique is awesome and only people who have great guts can do this, I never do the same thing but not to sell home, Last year I just sell cars and buy bitcoin as a result I have gained 150% profit in it.
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HabiebRiziq
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CryptoTalk.Org - Get Paid for every Post!
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January 09, 2018, 05:00:12 PM |
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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.
i agree with your opinion, we don't need to sacrifice anything from what we have to invest in bitcoin. Instead of sacrificing what we have, it's better to take out a loan in a conventional bank.
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reypinioco
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January 09, 2018, 05:20:42 PM |
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Thats the last thing i would do,house for btc?you could rent a small apartment so you can trade you bitcoins,holding btc wont give you much but trading btc to alts will give you a lot of money.
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achsan fauzy
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January 09, 2018, 05:21:07 PM |
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no, I think it's not a good idea. keep in mind, the price of bitcoin is very volatile, don't expect too big with bitcoin. if the price of bitcoin rises, you will get a great profit. however, what would happen if the bitcoin price decline? you will be very sorry.
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Darmanin
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Glab Trotter
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January 09, 2018, 05:26:09 PM |
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personally I prefer to sell my BTC to buy a house, it will be more useful to me haha
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mysacrifice
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January 09, 2018, 05:28:17 PM |
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There is another factor involved in investing. It might not work out as you assume, so I wouldn't risk my house to invest in Bitcoin. I'd rather invest smaller amounts I can afford.
If anyone does this, that would be very amateur investment. You should never risk more than you can afford. If that house is not so much important for you then it is fine but if that will effect your life, then it is of course not a good idea.
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Slims
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January 09, 2018, 05:34:21 PM |
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bitorama
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January 09, 2018, 05:44:48 PM |
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selling house for bitcoin is a little risky, we can never know the future price
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Darkstare
Jr. Member
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January 09, 2018, 05:48:58 PM |
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This technique is funny. It's good if you sell your home and you still have a place to live. what if not?
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pankowri
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$CYBERCASH METAVERSE
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January 09, 2018, 05:50:57 PM |
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This decisions will be taken by fools.It is a silly question.Intelligent people will never take such risk.The idea of being more beneficial by selling the house is nothing but absurd.It is possible to take these risks if there is a lot of property or there are many bank-balances.
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Tongpinyhk
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January 09, 2018, 05:52:38 PM |
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Such bravery to be doing so by selling house just for btc. RESPECT is the word to give and only can hope for the best outcome!
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rasmadisulaiman
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January 09, 2018, 06:03:56 PM |
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The idea of selling a house to buy bitcoin is something I do not approve of, is too risky. I still choose to set aside money from the sale of motorcycle parts to buy bitcoin.
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Taskford
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January 09, 2018, 06:33:35 PM |
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It is not a wise decision to just sell your house in order to get into bitcoin because that is a risky move since the price of bitcoin is high and the risk is getting higher and higher as the big players goes into bitcoin so i think that it is better if you will just keep it low and slow so you will not get into any regrets if bitcoin goes wrong. Stick with your house and just invest the money that you can afford to lose.
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macartem
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January 09, 2018, 06:37:42 PM |
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This is insane, I have a few houses in my country that cost more than 200k $, the average price is 40-90k $, and that's why I do not like your idea
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JerryJam
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January 09, 2018, 06:43:29 PM |
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To sell your house and invest all the money in bitcoin you have to be very risky person. It can even be called crazy. Of course if he has another house that is quite possible. To live in comfort and to increase the profit is much better than living on the street in a box from under the TV.
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ggg123
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January 09, 2018, 06:47:40 PM |
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I wouldn’t consider this as a technique, lol. I heard many people tried it. I’m not that kind of person It would be the craziest thing that i’ve ever done if i did this. But no thanks haha.
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yourialfa
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January 09, 2018, 06:54:35 PM |
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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 very risky I think. Of course only rich people who might dare to do that. I myself would not do that for profit alone. There is no need to go that way just to invest in bitcoin if you are just an ordinary person. If you are a very rich person there is no harm in doing that. But your risk is still responsible.
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Ponzi Shame
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January 09, 2018, 06:57:05 PM |
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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.
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setifien19
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January 09, 2018, 07:20:11 PM |
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Even investment in bitcoin seems to be highly profitable ( especially with the mentioned amount ) but nothing can avoid the probability of big losses that can occur at any instant . So I'd never take such risk otherwise I may stay in the street the whole life
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Oggy Pogi
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January 09, 2018, 07:26:58 PM |
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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.
Seriously? It is a no for me. Why would I do such thing sacrificing my comfortable living inside my house just to avail buying Bitcoin and by the end just selling it for a higher price. First of all, how can you be so sure that you can survive living on the streets with no home or even the worst nothing. I will not do such a desperate action selling my house just to do investment into Bitcoin because home is my basic need and I do not even imagine myself living in the street because I have sold my house for Bitcoin. Actually, there are lots of ways you can earn Bitcoin and not by doing such thing.
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