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Author Topic: Sell your house for investment in btc.  (Read 9106 times)
kinzey
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January 30, 2018, 11:47:36 AM
 #1161

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.

For me it is just too much sacrifice. And the time for waiting needs to be longer not just 2 months. For me it show should be longer at least 6 months and up. I know the price of btc will still go up but the time frame is the question specialy with all the news.

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Xester
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January 30, 2018, 11:53:08 AM
 #1162

i don't think thats a good idea. I cant become homeless in the name of investing in btc. Moreovera house is not a liability but an asset. I rather sell my car to do such investment.

Well I read an article about a guy who sold everything he has and invest it in btc.  Now he is already a millionaire.  He just live in his car during that time.  What he did was such a worthy risk.  Well he did that when the price of bitcoin is still low and still going up.  Unlike now where its price just have some cahnges.  So yes, I would not sell my house either.
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January 30, 2018, 12:15:05 PM
 #1163

Thats a very crazy idea. Even if i have my own property i wont sell it to buy bitcoins. We all know that bitcoin's price fluctuates and its a very risky decision to put all your money into it. Even if the price chart tells that its price goes up with time, it still doesnt guarantee you that it will double its price within 2 month period. Also check how the price of bitcoin change this month. It started with less than 14k usd, and now its less than 11k usd.
Think first before you invest into something. Bitcoin is not all about how much profit you will get, you also need to be strategic and be wise on your decisions. Besides, bitcoin was not created to earn profit, rather it was created to make transactions fast and easy.
marites
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January 30, 2018, 12:45:29 PM
 #1164

Thats a not good idea..
Selling your own house for investing in btc it is a preposterous move.
There so many choices to invest you can apply to some lending company for money then invest it or your salary to your previous  job or try to sell your car much better than selling your house.
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January 30, 2018, 12:50:21 PM
 #1165

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.

Or selling your $259,900 house in December when botcoin was 18k$ and  just after 2 months sell all your bitcoins and buy a apartement for $159,058, as this what you have left after two months with bitcoin price of 11k today.

Hope for the best, be prepared for the worst. In my language this sounds better, but you get the idea.
Zandra
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January 30, 2018, 01:06:23 PM
 #1166

Thats a not good idea..
Selling your own house for investing in btc it is a preposterous move.
There so many choices to invest you can apply to some lending company for money then invest it or your salary to your previous  job or try to sell your car much better than selling your house.
Yeah that's not good idea, there are so many people here that the dream is to have a own house like me. For me I did not selling my house for investment in bitcoin, because there are many ways to invest in bitcoin without selling a house like selling in any coin that I hold.
bitcoinsocial09
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January 30, 2018, 01:12:06 PM
 #1167

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 I own with that price of the house I will not do that technique. First of all, bitcoin is a risk so we don't know what will happen next. Also, the price of bitcoin is not stable so if i do that and the bitcoin price will decrease where place I can live. It is important to have a shelter for you than having a lot of money and you are nit sure if the risk that you take will be successful.

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RawDog
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January 30, 2018, 01:26:29 PM
 #1168

I think there's a lot of risk in that.
There is no more risk in that than buying .1 bitcoin - or any other amount.  If you don't get in big, you won't get out big.  

Besides, your house is denominated by dollars or euros or that shitty paper your government prints.  That currency is 100% guaranteed to go down because of inflation.  It is WAY more risky to KEEP your house than to sell it and buy bitcoin.  

You fuckers are all too stupid to understand that.  So you will remain poor in your poor little shitbox house for the rest of your miserable lives looking at the internet saying: 'I should have sold my house in 2018 when bitcoin was still under $100,000'.  Dumb mutherfuckers.  


First of all, bitcoin is a risk so we don't know what will happen next.
This is true whether you own .1 bitcoin or 100 bitcoin.  Keeping your house means your investment will be .1BTC.  You are guaranteed to only make a tiny amount while everyone else goes way up.

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January 30, 2018, 01:29:20 PM
 #1169

I will not prefer this as price is going down and if you do that and price is going more down than.
You lose your home as well as your investment.
One important thing in the shake of home I will not buy bitcoin.

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chidrawarster
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January 30, 2018, 01:37:58 PM
 #1170

I woudnt do this as selling my house would disturb my personal life and also loose focus on my daily activities. I would also suggest people do the same thing by avoiding pledging any assets or properties for purchase of any crypto currencies.Also, this is the most risky thing what you have posted here , i woudnt accept this technique , only cash rich people can do these kind of stuff and ensure their portfolios are intact or managed properly.

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January 30, 2018, 02:10:06 PM
 #1171

I think that it is too risky to invest in bitcoin by selling your house. If that house is one of your other houses, then it might be okay. But selling your current house is a big no. Because it is too risky. I think that you should focus on earning money rather than turning your house with sentimental value into bitcoin.
Chainblock
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January 30, 2018, 02:30:39 PM
 #1172

I would never invest everything in one thing, it is a terrible idea, Bitcoin could tank and you would be left with a virtual wallet full of nothing. Don't join the hype just because it's cool. Yes it could make you a millionaire, it could also put you on the street permanently
shezu007
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January 30, 2018, 02:48:50 PM
 #1173

Those people who have ability of taking high risk they can become success and famous traders while those who no ability of taking high risk they have very low probability of becoming success traders because trading is the name of taking risk. So if you can sale your house and invest all that money in bitcoin and you have some experience of trading then i am sure you can buy two more house more better then your house in very short time.
argiyan.tri
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January 30, 2018, 02:52:15 PM
 #1174

i think it's too crazy, if you are lucky you will get a lot of benefits, but if you are not lucky you will lose everything, and after this you will stay where
drawoh14
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January 30, 2018, 03:02:09 PM
 #1175

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.
Of course not, bitcoin and other cryptocurrency investment are very risky that you might get depressed because it is highly volatile. A big example is when people bought bitcoin at 20K then they absolutely regret it.

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joan26
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January 30, 2018, 03:07:41 PM
 #1176

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.

Even if I have my own house I wouldn't do this technique
I don't want to risk my properties for the sake of getting much profit. If I would invest in bitcoin, I just invest what is not needed to my wallet.
nicko122
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January 30, 2018, 04:04:36 PM
 #1177

It's too risky for me to invest not only my money but also real estate ... I'm certainly like investing in bitcoin, but that's probably too much.
Lubang Bawah
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January 30, 2018, 04:15:50 PM
 #1178

I will not prefer this as price is going down and if you do that and price is going more down than.
You lose your home as well as your investment.
One important thing in the shake of home I will not buy bitcoin.
Investment takes courage and sacrifice, if we dare not speculate then our lives will never change, I'm sure even though the price is going down but someday the price will skyrocket.



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January 30, 2018, 04:20:04 PM
 #1179

If you can afford to lose your house, then go. Keep in mind, in world of cryptocurrency(yes not limited to bitcoins but other alts as well) everything is uncertain what pump by 10% today might be dump by 90% tomorrow. So if you are planning to invest in cryptocurrency invest only amount you afford to loss or amount you are confident you can keep untouched in long period to avoid selling in loss price due to financial needs.

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January 30, 2018, 04:33:24 PM
 #1180

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 do not think this is an excellent way to invest in Bitcoin because we can get the capital in many places, I do not have a house to sell, but I can still invest in Bitcoin and make a profit. From it, if you spend heavily in Bitcoin then you risk losing more and vice versa

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