flygate (OP)
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March 30, 2018, 05:56:45 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin
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mk4
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March 30, 2018, 05:59:40 PM |
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If you'd ask me, I'd also think now is a decent time to buy bitcoin as it's price is currently very low(though it can go lower, who knows). Though if I was in your situation, would I sell my house and car? Definitely not. What if bitcoin crashes lower to let's say, less than $1000? Though it's quite unlikely, I wouldn't take that huge of a risk as I could end up homeless if that happens.
Always remember that it's not guaranteed for bitcoin's price to go back up in the future. But of course I hope it would.
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gravitik
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March 30, 2018, 06:00:08 PM |
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I think that's a good idea. if everything works out, and the price of bitcoin will rise, you will become a millionaire
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Mokter
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March 30, 2018, 06:04:46 PM |
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If you'd ask me, I'd also think now is a decent time to buy bitcoin as it's price is currently very low(though it can go lower, who knows). Though if I was in your situation, would I sell my house and car? Definitely not. What if bitcoin crashes lower to let's say, less than $1000? Though it's quite unlikely, I wouldn't take that huge of a risk as I could end up homeless if that happens.
Always remember that it's not guaranteed for bitcoin's price to go back up in the future. But of course I hope it would.
Great advice. Bitcoin price is really attractive to buy right now. It is worthy for trade as well as investment. But, none can confirm that it will not crash more. As a result buying bitcoin by selling your property like car and house is always a wrong decision. Invest with your liquid assets like cash. Do not destroy your assets.
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LFC_Bitcoin
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March 30, 2018, 06:07:11 PM |
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I’m majorly positive about bitcoin & I’ve invested a lot of money in to it (probably more than I can afford to lose). I wouldn’t sell my house though to put it all into bitcoin, that’s a little too risky.
You could sell your car though, that’d wouldn’t be financially crushing if you fuck up & the price goes even lower.
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Specctrall
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March 30, 2018, 06:11:45 PM |
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I don't think it's a good idea to risk your home. not knowing whether you'll make a profit or not
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Eternu
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March 30, 2018, 06:12:31 PM |
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At the moment price is going down, and how things looks to me it will continue to go down some more. So if my view of things is correct, your decision would be wrong. But if you really want to gamble that much, and put your house and car on stake, you should wait a bit more before doing that. With greater risk comes greater gain, right
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catok broek
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March 30, 2018, 06:13:46 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin if you want to invest, do investment way, not gambling way. no one guarantees what will happen in future, and life is not all about gaining big profit. Bitcoin is facing a ban policy from some social media, google will. it means bad news are still gonna attack markets. so, be wise on what you will invest..
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Choyor
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March 30, 2018, 06:34:59 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin If you look at the low price of Bitcoin now, buying is the right thing to do. if you want to invest at least you already know the risks of investing, if you are confident with what you will do no problem. But it must be underlined that investment is not gambling. success for you.
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BingoDog
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March 30, 2018, 06:39:26 PM |
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I think that's a good idea. if everything works out, and the price of bitcoin will rise, you will become a millionaire
This is foolish things to say to someone, that he will become millionare. Exactly because of such false beleives bitcoin haters get loud every time when the bitcoin price goes down. Bitcoin is still good investment but no one can't guarantee the profit and especialy not to claim that someone will become rich. Selling house and car to buy bitcoin is huge risk and it's not advisable. Remember, there is always opportunity to lose.
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malaj
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andrew1carlssin
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#Please, read:Daniel Ellsberg,-The Doomsday *wk
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March 30, 2018, 06:41:43 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin I think we can switch on our bitcointalk time-machine to ... I'm All In - Sold My House! March 09, 2014, 06:01:52 PM https://bitcointalk.org/index.php?topic=508254.0what lessons have we learnt ?
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Satoshi's book editor; SCIpher - https://pdos.csail.mit.edu/archive/scigen/scipher.html
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napoleon_hill
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March 30, 2018, 06:57:49 PM |
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This is a good idea but my wife will kill me if i do it
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Real14Hero
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March 30, 2018, 07:00:27 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin I know people who sold their houses and bought bitcoin when it was at around $200, now no matter how much it has fallen but they are still in a profit of 35x. Basically this is also a gamble, so it if you don't have a family to feed and can live in another house if you sell your current one, else if your financial condition doesn't allow it, then don't play the gamble, not if you are having a family. Its easy to destroy your life, but when it comes to other people, be careful.
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Loveaaronbaby
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March 30, 2018, 07:03:52 PM |
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Is it time to shine to get bitcoin. more falls? I want to sell the house car and buy bitcoin You're sure you're not kidding. The price of bitcoin is still falling, and we can't tell when it will stop falling. It's a big risk for you to do this, and I don't agree with you. When you sell your house and your car and buy bitcoins, the bitcoins continue to fall, so you will not be able to redeem your house, and you will become homeless.
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darkangel11
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March 30, 2018, 07:14:34 PM |
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This is a good idea but my wife will kill me if i do it I went through that years ago and believe me, she'll forget all about that when she sees those green candles piling up Jokes aside, don't go all in, but IMO it's a good moment to biu both long and short term. In the long run we might have a push upwards now that will end below 11k again, which would be bearish, or break somewhere above that. So if you decide to go in for a quick gain you should be able to make some money within the next 2 months, if not, holders always get their profits.
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Nilda
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March 30, 2018, 07:19:27 PM |
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Go ahead! Sell everything. Live in a rented apartment or in the streets until the price of bitcoins hit six figures. You’d be all over the news as the guy who went all in and won. 😆
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Lakai01
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March 30, 2018, 07:19:58 PM |
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Just dont invest more money as you are willing to lose. Stormy times these days, BTC can easily drop to 3-4k.
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Washball
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March 30, 2018, 07:29:41 PM |
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Bitcoin has dropped below $7000 to approximately $6500. That is good opportunity to sell everything you have and buy bitcoin now that it has reach the bottom. Soon the price will increase again, there will be a bull change next week. Do not miss this chance.
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felicita
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March 30, 2018, 07:32:56 PM |
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I think that's a good idea. if everything works out, and the price of bitcoin will rise, you will become a millionaire
yes if this happens he will get very rich but if this not happens he lost even everythink i guess he must be a big gambler! regards
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cosmoo
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March 30, 2018, 07:36:11 PM |
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Why you need to sell everything? This is not so smart as you can think. You want to become rich? Greed is not the best trait.
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