Sampson7
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February 26, 2018, 11:43:15 PM |
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i think its not advisable, but Most people don't agree with this. It's too risky. You know, the encrypted money market has strong volatility. Remember few years ago, bitcoin in a few months, the market value is reduced by 90%, if it is to own a house or loan to do such investment, then such a thing must not do. There are always opportunities, but if you take a risk, you may lose more. but in all risk are the wayforwad u cant just give in to that
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CoPil
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February 26, 2018, 11:43:59 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 would be very risky and no one should do this. If you own a house and a car (yourself and you don't have your own family), and by doing this, you wouldn't do any harm or risk to your family's living (mother, father, and siblings), then you can take a risk. But think first about it. What if you'll risk your house but then you didn't expect that Bitcoin's price will drop so low and you have to wait in order to gain profit or get you return of investment, or probably you might get phished or hacked. You know, you should expect the worst because this is a risk. But no, with that kind of decision, you are carelessly doing the worst already. I believe that the best BTC investments comes from extra income and/or savings. Selling car is fine, doing Bitcoin instead of an actual business is also fine. Can you see yourself on the street for two months? or more? Sacrifice the things that you are not scared to lose. What if you'll be in the streets for more than the time you are expexting. No one should risk their living and health just for Bitcoin. Think of some more options.
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Indai24
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February 26, 2018, 11:44:53 PM |
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No i will not try this techque why the hell I do that. Because what if the price of the bitcoin decrease or die my money lose and I don't have house anymore.
Yes right, in the investment of course we have to be realistic, can not like gambling, we can not sell anything let alone it is an important asset that is home, future bitcoin no one knows whether it will continue to improve, if one day fail then we will regret and become a beggar because we don't have anything. Correct, it's not advisable to sell your house considering that a house itself is already an investment and it is one of your neccessity as well. Investing in BTC is good however you need to be wise and strategic too prior doing any decisions.
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Watashi Yamashita
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February 26, 2018, 11:45:16 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.
In making decisions like this, you should be careful and wise so that you would not end up disappointed. Yes, you may get a lot of benefit after selling your house and investing it on bitcoin but the risk waiting is too scary that it can even make you regret what you've done. Many people have already done it but not all of them became successful that's why you should think about it deeply first.
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Kisanaq
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February 27, 2018, 12:01:17 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.
In making decisions like this, you should be careful and wise so that you would not end up disappointed. Yes, you may get a lot of benefit after selling your house and investing it on bitcoin but the risk waiting is too scary that it can even make you regret what you've done. Many people have already done it but not all of them became successful that's why you should think about it deeply first. Sometimes rich and successful people often think weird and unnatural, but we can see that what they do is right, I think selling a house is a common thing in investment, for example is a lot of people who mortgage home letters to borrow money in banks and of course it is the same as selling a house.
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nskendrovic
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February 27, 2018, 12:27:18 AM |
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Some Dutch guy did this and he made a lot of money. They didn't put everything in it though, they put most of the money safe and put like 10-20% in crypto, pretty smart. They should have done more though.
Funny how they influenced a lot of dutchies to get into bitcoin and then suddenly it crashed a ltitle.
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mr.bean865
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February 27, 2018, 12:53:57 AM |
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There will be great chance that btc will go in dip and your inestment becomes half and then you hae no where else to lie and at the end you withdraw from btc and lie in a small home. So, if you wanna invest sale some of its portion and inest so that you may have a safe hand.
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Hxyro
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February 27, 2018, 01:21:42 AM |
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even if i have lot of properties i wont do it, yes the bigger the risk the bgger the profit or loss. it's quite risky, we do bitcoin trading/business to be able to buy another properties not to lessen.in my owm opinion that way of thinking is of a gambler not a trader ✌
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cryptokitty
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February 27, 2018, 01:24:42 AM |
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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.
For me, that is not a good idea. I will not do it as well. I don't want my family to suffer because of me. I want to make an investment but from my own savings and thru my handwork and not by selling my property.
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yurenchuang7125
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February 27, 2018, 01:27:41 AM |
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I admit that investing in bitcoin always has a big advantage.
People buy houses with bitcoins, but you sell your house and buy bitcoins.
Most people won't agree with you. It's too risky.
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alyssaxx
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February 27, 2018, 02:03:19 AM |
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I don't think i will sell my house to invest in BTC, because it's an asset that have value. If we want to invest it should be our extra money or savings aside from our emergency fund. We didn't know what will happen in the future that's why we need to reserve some funds to buy our needs.
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dynospytan
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February 27, 2018, 02:12:04 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.
You were lucky mate. But if it was me, I wouldn't do that. I'd rather to have home rather than staying on the street. You were just lucky cause bitcoin price increased. But nowadays bitcoin is unstable so it is really scary to invest a big amount especially if the money was came from your sold house.I can still invest in bitcoin but I will never sell my properties just to exchange in bitcoin.
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Posisi
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February 27, 2018, 02:24:56 AM |
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something risky and of course to look out for because the price of the bitcoin fluctuates. If prices are rising, it's a great thing, but if the price goes down drastic then you will lose everything.
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pthnmj
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February 27, 2018, 02:31:58 AM |
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I won't. Selling our house to invest in bitcoin, and two months in street is a silly thing. House is one of the important things in my life. If we don't have a house, we would not have a place to stay or to spend night with family. I think we can sell our belongings, but not the house. Don't make yourself suffer for being rich from bitcoin.
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Gabrieelle
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February 27, 2018, 02:36:13 AM |
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I won't. Selling our house to invest in bitcoin, and two months in street is a silly thing. House is one of the important things in my life. If we don't have a house, we would not have a place to stay or to spend night with family. I think we can sell our belongings, but not the house. Don't make yourself suffer for being rich from bitcoin.
You're right, house is one of our most important needs because it is our shelter as long as you have a house there is a place where you can go home to and selling it in exchange for bitcoin is too risky, a lot of people won't do it including me. Considering how rapidly the value of bitcoin dropped in the beginning of this year, a lot of things can happen in just a span of two months, it is better to keep your house and try your best to earn bitcoins.
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valintino7
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February 27, 2018, 02:45:59 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 the profit of $472298.
would you try this technique?
No! I will not sell my house just to invest in Bitcoin. Because for me, home is everything. Home is the most precious treasure, at home we can all gather with family. And of course, the house keeps fond memories with the family. I think if anyone did something like this. He's crazy!
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Ambrosius
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February 27, 2018, 02:46:51 AM |
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Nope, I won't do such thing like that if I had only one house. I am not an extreme risk taker that would take so much gamble in my life. But sometimes I was wandering same kind of gamble like that, I think its challenging.
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fransbenotius
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February 27, 2018, 02:49:27 AM |
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I think this is not a good advice for the newbie or people who wants to invest in bitcoin, Because we cant let our house lost, I think bitcoin is just for another income for your economic, dont ruin your life and take big risk from bitcoin, because sometimes the price is up and down
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Kadal Ijo
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February 27, 2018, 02:58:20 AM |
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I think selling home to buy bitcoin is a risky thing, in investing certainly need financial security, never invest if we do not have capital, looking for capital is good and we have to be patient, I suggest to work then buy bitcoin, that's a better thing than should sell your house.
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CONOFLEX
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February 27, 2018, 03:11:01 AM |
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I dont think I will sell my house to buy bitcoin at the moment to much off a risk now,if the price was more stable than its another story I will rather keep my house .
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