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Author Topic: Should I sell house to buy bitcoin if it drops below $ 5000?  (Read 1106 times)
Anti-Cen
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High fees = low BTC price


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April 01, 2018, 09:00:35 PM
 #141

This $5000 number has popped up a few times today as if it's what some people are hoping to be a sold floor
but I think you will lucky if this is the case.

Bitcoin was going to $50k at which stage I planed to get out before the crash but the miners got to greedy, too
early and put fees up to $55 per transaction and this sent the small fish running for cover and now us sharks are
starving to death.

That promise of "Low fees" on the Lightning Network is not working because the fish can read small print and read the bit about
adding transaction fees and interest on the BTC needed to keep the channels open by the bankers , err...... miners .... err ....
users is going to come back and bite them.

Gentlemen we could be facing an extinction level even here, dam could collapse just like happened during Tulip Mania
but at the very least I think we are looking at a DOT-CON bubble crash like we had back in 2000 but what would I know
having being a weak hand that was forced by common sense to jump out when BTC was last at $18k and the brain boxes
here were all talking about "buying on the dip-stick"  

Yeah, Yes I know I just want you all to sell so I can buy up all them cheap coins ................. in your dreams

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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April 01, 2018, 09:07:01 PM
 #142

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
I don't think trading on crypto become a jokes. There is no more easy profit to gain without hard-work such as last year. For some people who was involved in this investment for long time period since years ago. They are truly understand for what they're investing for with anything risky happened. I will not recommended this for you sir, since trading in Bitcoin are not like an easy gambling.
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April 01, 2018, 09:10:09 PM
 #143

Well the decision is up to you it is a risk that is worth taken though one need to be extra careful when it come to crypto currency investment and equally need to do the due diligent before investing huge some of money particularly what you cannot afford to lose.   
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April 01, 2018, 09:35:12 PM
 #144

such risks are not worth it. the crypto-currency market is currently very unstable, so it is not known how bitcoin will behave. you can stay completely without anything ... Lips sealed Lips sealed
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April 01, 2018, 09:44:02 PM
 #145

I think this is not a very clever decision. This is a high-risk investment, at any time you can stay without money and without a home.
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April 01, 2018, 10:02:22 PM
 #146

If you look at the Bitcoin price chart there's a big chance the price is moving in the opposite direction, all the way back to $1000. You stand to lose 80% of your house's value.
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April 01, 2018, 10:17:56 PM
 #147

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin

I think it's not worth it) No one is insured against risks. The main rule: invest as much as ready to lose, but if you do decide, minimize the risks through the purchase of different altcoins.
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April 01, 2018, 10:34:34 PM
 #148

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
By all means that I would not suggest any property you had just to participate in the market. This is a very high risk move and in a matter of seconds your house may lose in your hands if you are not fortunate in the market. Bitcoin is a form of gamble so nothing is absolute here.



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Rainbot
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April 01, 2018, 10:43:14 PM
 #149

you are probably joking, want to sell a house for investment in Bitcoin ?! if you have a lot of your house it might be okay to sell your house then you invest in Bitcoin, but if you only have one house I suggest do not do it, because you will regret and you will become a homeless person.
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April 01, 2018, 10:48:00 PM
 #150

all decisions are in your hands, wanting to sell a house or sell anything for an investment in Bitcoin. but if I were, I would think a thousand times. because selling a house for investment in Bitcoin has a huge risk. even you can lose your home. better think again before you do it all.
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April 01, 2018, 11:09:02 PM
 #151

Every business is about risk, but bitcoin investment has a less risk, because it always appreciate in value, time to time. Base on current situation of bitcoin facing is time to invest more and have great return
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April 01, 2018, 11:25:31 PM
 #152

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin

The final decision is yours but in my case,  i will never ever do that. I wont sacrifice anything for an investment. I will save and invest rather than sell my house without any idea when btc price will finally  increase.

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April 01, 2018, 11:28:58 PM
 #153

I don't think that's good Idea to sell your house to buy bitcoin if the price decrease at $5000. Because we know bitcoin is danger yes we can get profit but what if the price decrease more your wasting your money or even your home.

 
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April 01, 2018, 11:29:52 PM
 #154

I will not sell my house if the bitcoin price is drops below to $5000 because I will become homeless if I sell my house.There are people who are sell there house for the investment in bitcoin to earn more profit.

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April 01, 2018, 11:31:46 PM
 #155

Its better to sell your goddamn brain than house. your house worth more than your empty brain -_-
Do we get buyers for empty vessels.  Tongue It might be a over the top thing to sell their house to invest into something they like, but if you look back, there were transactions being done and i have read in the past that someone sold their house to invest in bitcoin a few years earlier and even at that time everyone thought it was madness but now he will be having his last laugh as he entered well below thousand dollars. Smiley
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April 01, 2018, 11:31:57 PM
 #156

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
I highly doubt that bitcoin will go below $5000 again. I think selling your house to participate in this risky investment is not very smart. I suggest you put your money where growth is 80% possible. Although bitcoin can give you back a lot the risk is just too high. You also dont go all in in an investment. Just invest something that you are not afraid to loose. You might be fine this day and go crazy the next day. You’ll never know. Just my two cents.  Smiley

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April 01, 2018, 11:37:02 PM
 #157

I think this OP is trolling, replicating a very similar OP which has appeared time ago. Let's hope that we won't have 100 pages of stupid answers on this thread like in the previous case.

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April 01, 2018, 11:39:58 PM
 #158

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
We joined this market a couple of months, I also lost just a little money. Now I want to have a greater plan by selling my house to 100% participation in the forex market. What do you think?
 You imagine I will have another house or I will become desolate
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April 01, 2018, 11:40:16 PM
 #159

Do it.  Just don't cry if you end up living with the rats on the street.  
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April 01, 2018, 11:44:03 PM
 #160

I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
If that house is just another property of yours, why not? It's a huge investment but without taking the risk you won't earn anything so buying during below 5k usd is not a bad idea but you should think that holding for a long term period is a must to earn too much gains.

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