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Author Topic: Should I sell house to buy bitcoin if it drops below $ 5000?  (Read 1106 times)
Potatohead
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April 01, 2018, 11:44:57 PM
 #161

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 selling your properties for bitcoin isn't justifiable. It is important that you'll have your properties safe while earning. It is safer if you'll just have your earnings and savings to buy bitcoin rather than having your properties at risk. Selling your house for bitcoin would be a very risky thing so you'd better think of it a lot of times.
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yraskk
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April 01, 2018, 11:47:48 PM
 #162

LMAOOO.. I am sure that if the price drops below $3000 he is going to be on the streets.. Most people are passing through the same at this moment, most of them bought at $20000.. I can not even imagine how are they feeling at this moment.

Do it.  Just don't cry if you end up living with the rats on the street.  

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April 01, 2018, 11:49:23 PM
 #163

If you can afford to lose your house, you can do it, great profit comes after great risk; if you cannot afford to lose your house, don't, never invest more than what your are willing to lose.





It is really risky to do this. We can never tell what will surely happen in the market. It is like a legal gamble. It is never predictable. To sell our house for bitcoin could actually bankrupt us in no time.
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April 01, 2018, 11:52:01 PM
 #164

Too much risky.  For me,  that is not a good idea.  That is a form of gambling,  if you have your family with you,  you wont be able to live life easily if ever you sell your house.

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April 01, 2018, 11:52:45 PM
 #165

It is really risky to do this. We can never tell what will surely happen in the market. It is like a legal gamble. It is never predictable. To sell our house for bitcoin could actually bankrupt us in no time.
Invest what you afford to lose. Do not risk the house for something uncertain. Better to use other funds. Do not be in a hurry. Moreover home including your investment. Do not bet it for other investments that have high volatility.

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Tnt1971
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April 01, 2018, 11:56:02 PM
 #166

Should I sell house to buy bitcoin

No.

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No I shouldn't sell my house to buy bitcoin if bitcoin price is dropping below the price $ 5000. There is no relationship between bitcoin buying and house selling.

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April 02, 2018, 03:09:37 AM
 #167

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

LOL that means you are gambling with your house. i don't suggest to do that.
what if bitcoin price continues falling down below $5k ? but the possible is low i think.

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April 02, 2018, 03:29:50 AM
 #168

Are you serious? You are ready to gamble your house just to have a very volatile cryptocurrency. It's a very risky decision to make part, that will not be a practical move to do. BTC is very volatile, you can lose more than your house in a second.
It's better to buy fraction of BTC during it's dip rather than selling you house. Remember the old saying
"Do not invest what you can't afford to lose" Smiley
This is a majority answer to those people who replied
And I think you must obey
smit9352
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April 02, 2018, 03:34:34 AM
 #169

Such a waste of a thread... If you're willing to lose your house to a cryptocurrency addiction I'd hope you have Noone depending on you other than yourself.
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April 05, 2018, 12:29:03 PM
 #170

Lets say you're right and yes so made an investment on your btcs with the help of house then if suddenly the price fall...
Angletim
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April 05, 2018, 12:37:27 PM
 #171

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
Yes, now the price of bitcoin is $6,900. You want the price of bitcoin to drop to $5,000 and then sell your house and invest in bitcoin. I don't believe you'll do that. When the price of bitcoin reaches $5, 000, you panic and don't dare to buy bitcoin.
yummydex
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April 05, 2018, 12:50:00 PM
 #172

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'm sorry to say this but i think this is the stupid question i ever read in this thread! Just imagine you want to sell your house because you want to invest in bitcoin. anyway it's your house sell it if you think that is the right decision good luck.and anyway i know you need to post.
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April 05, 2018, 12:59:34 PM
 #173

Not only should you sell your house but get your mother to sell her's too.

I know someone that knew someone who lived next door to the sister of a man who
won $3m on Lotto Football and if you don't play Lotto then you cannot win  Cheesy


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April 05, 2018, 01:30:11 PM
 #174

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
You were risking too much mate,you might lost your house if you risk it.You might lose your families shelter and as we all know this is the most inportant .You can risk money to buy bitcoin but not in a way that you will sell your house just because you wanted to invest in crypto.There were other ways to invest in btc you can make a loan in some other the most stupid and craziest thought that i've ever read.Yes many people were being hooked and go crazy over bitcoin to invest but selling your shelter was  not a good idea.

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April 05, 2018, 01:52:02 PM
 #175

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

But what if the price must go down? you get some apartment then you lose some money then what if the price must get low and doesn't increase faster? what should you do?

It depends to you if you really trust bitcoin because for now, it is too slow to pump or some doesn't hope that it will survive that's why they have panicked from selling.  

If i am at your position, i will not sell my house because it is one of my own but there's a point because if your money was doubled, you can buy a better house.

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April 05, 2018, 01:52:12 PM
 #176

I'm trying to sell a single car to invest in cryptocurrency. But my wife, she has a nervous breakdown when I have this conversation.)))
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April 05, 2018, 02:10:19 PM
 #177

yas risk it lol, it's how we should be in this game lol  Roll Eyes Roll Eyes Roll Eyes
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April 05, 2018, 02:22:33 PM
 #178

Although $5000 is an attractive price to buy Bitcoin. But a house is basic needs, selling your house for investing is taking a big risk. I won’t do so, but the final decision depend on you.
jnovak1976
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April 05, 2018, 02:26:50 PM
 #179

if you own more than one house, and selling it would turn a profit for you regardless of the bitcoin purchase, i could see it being a potentially plausible thing but.. that sounds like a crazy idea, dude.
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April 05, 2018, 02:47:24 PM
 #180

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 you can afford to live on the streets and depend on government handouts (if you're lucky to live in such a country),  then you can go ahead because there is a possibility of losing your investments.

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