michael shikany
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The Experience Layer of the Decentralized Internet
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February 13, 2018, 09:54:30 AM |
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Of course not. It's a risky move. If you chose to sell your house to buy bitcoin last December, you should be crying now, as bitcoin has fallen from $20, 000 to $8, 000, and it seems that the decline is continuing.
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charliegengos
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February 13, 2018, 09:54:47 AM |
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I would never ever ever do that, Just risk what you can afford to lose If btc will go down, you can be on street forever
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xSkylarx
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February 13, 2018, 09:56:27 AM |
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for people who are desperate and impatient will probably do something like this, but for me will not, because I dibitcoin this learning and working all I do from scratch or from the bottom. everything we do must be from the bottom, so we know the meaning of a life struggle that we must pursue. I think learn from the beginning or basics, do not ever want to take an instant jaln.
Selling a house just to have something to invest in bitcoin is not that bad at all, besides it is a good choice, but still we have to think our current situation, like if there is no one who will be affected by this except us, if you do have your own family then doing such thing will be too reckless, we need a home, and if we wanted to invest in bitcoin, there is a lot of ways than to sell our house for this.
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larva
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February 13, 2018, 10:56:25 AM |
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if such a house is a home or loan to invest, then such things should not be done. There are always opportunities, but if you take a risk, you can lose more.I like your idea of selling a house for capital to buy bitcoin, live on the road for 2 months and after 2 months we sell half of the bitcoin we have to buy the house back. But the decision requires a strong mentality and is ready for everything in the face of the worst.
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MilesMoses
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February 14, 2018, 01:47:08 PM |
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Investing is not really necessary , if you are new in bitcoin then i highly prefer that you should work. you can not get so carried away and take risks that you are not afraid to lose.
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Clos Belmont ICO
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February 14, 2018, 01:59:43 PM |
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What if the price of Bitcoin go down? You lose everything and that's all.
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xheon
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February 14, 2018, 02:05:19 PM |
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I think it is a crazy idea if you only have one property, but it is a good one if you have some. I don't one to risk my life over money if I only have one.
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RawDog
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February 14, 2018, 05:36:41 PM |
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I think it is a crazy idea if you only have one property, but it is a good one if you have some. I don't one to risk my life over money if I only have one. You could rent one. 'risk your life' is a little extreme.
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Jackypot
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February 14, 2018, 10:36:46 PM |
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Why sell something that is already yours, for something that is volatile, you should look for a better way, have money that you are willing to lose, I do not think that anyone wants to lose their house.
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CrimsonEye
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February 14, 2018, 10:44:42 PM |
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Rather than selling the house why not rent it, Generate passive income and put that towards bitcoin or anything else in general. You could even split the house(depending on the size) to some smaller apartments and capitalize on even more renting income. Heck, you could give your residents the option to pay with cryptos.
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dobladi
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February 14, 2018, 10:54:13 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.
I don't think this is a good idea because it is very risky to do such thing here in bitcoin. If ever you would do such thing, you should be more careful and aware of the possible consequences you may face if ever you will fail with your investments. There are only two possible result, it's either you will loose your house and earn nothing or loose your house and earn a lot just enough to buy a bigger house.
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Pandacomel
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February 15, 2018, 02:31:25 AM |
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Is it worth selling a home to invest in bitcoin? In my opinion, it's as unprofitable for the present. This is due to the fall in bitcoin prices. If we sell home only for bitcoin investment at the time of its current price falls it is unprofitable.
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Cookies_N_Cream
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February 15, 2018, 02:40:32 AM |
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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.
I'd probably do this if I own a property and don't have a family of my own. I can stay at different places like a nomad while waiting for BTC to pump up Like hitting two birds with one stone, vacation + crypto, that would be awesome. But in terms of investments, real estate is much more stable in terms of value so you better think a hundred of times if you do this now.
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greenpath
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February 15, 2018, 02:54:08 AM |
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Too risky to apply that kind of ideas. Your technique is good for you if you applied it before but not this technique seems not applicable at all. This is base also on the realistic side and more practical decision to make. To sell the house with other kinds of belongings is a kind of desperate to buy btc.
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Lannie25
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February 15, 2018, 08:40:36 AM |
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Actually I will never do that wherein I will sell my house for investment in bitcoin. House is the place where all good memories created and a place where the family moment of the family starts. I can’t afford to sell that or to sacrifice that just to invest in bitcoin because it means alot to me.
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ice_man75
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ICEMAN - SMART CONTRACTS DEVELOPER
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February 15, 2018, 12:32:17 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.
Nope. I would never ever in my life do this because this is foolish. To me this isn't profit but suicide. How can you be sure the price is going to go up and you'll make a profit? You can't know ever. This is reality. If I did and the price fell so low that I become broke without anything and go homeless then what?
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cobeksede
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February 15, 2018, 12:39:03 PM |
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if selling house for bitcoin investment I think it is excessive enough to just sell the motor like me and the result now I have a motor again, ...
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Theo222
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February 15, 2018, 12:43:43 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.
i dont think this is a good idea because you will sell your house as a capital for investing bitcoin. if you sell your house you will rent a house to live and you will pay if bitcoin price goes down you will lose. your capital will be lower.
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kendra1107
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February 15, 2018, 12:56:56 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.
This is crazy! Why would I even consider selling my house so I could purchase some Bitcoins?! There are many other ways we can do to get hold of some BTC’s . But selling your house for this purpose is above crazy or just plain stupidity. But come to think of it, most of the wealthiest people on the planet were once crazy....hhmmmmm...
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imoet
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homt.net
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February 15, 2018, 01:02:47 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.
No, thanks I will never sell my house to buy bitcoin as investment. It will be better to use other fund to buy btc. A house is a place that we should take care for our family and the generation of us. We can't sell it for an investment. Because we all know that the price is unstable too.
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