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Author Topic: A decision to make  (Read 1144 times)
bittraffic
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May 18, 2022, 04:55:51 PM
 #41


Buying a house is for me. A tangible asset that can be occupied right when you need a warm bed. If you wanted a flow of money you can use for investing, you can register your house to airbnb to earn from it.

Thats a good option for anyone who thinks the bear will extend another year. But if you think bear will be over soon, hold your money yet and prepare for the ride of your life. Buy BTC!

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May 18, 2022, 04:57:37 PM
 #42

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

It depends on the situation. If the situation is such that it is very urgent to buy my apartment and I have no fiat currency other than bitcoin then their will be no alternative way for me rather than using BTC. And if it is not urgent then I will not buy an apartment or use Fiat currency to buy an apartment.  And I will try to hold BTC as much as possible

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May 19, 2022, 01:05:30 AM
 #43

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
There is not a straightforward answer to your question as it depends on what it will happen in the future and your specific circumstances, for example if you already have a family and you have children as well then I will say that buying the house is a must as having a place to call your own when you already have a family is a necessity, however if you are single then you could do something like this and endure some years of uncomfortable living in exchange for getting some bitcoin, multiply its fiat value many times over and then buy what you want with it.
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May 19, 2022, 08:16:26 AM
 #44

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
I will buy a house to live in since its also an investment, not only for myself but for my family as well. The value of real estate tend to increase so its not a bad decision to commit. On the other side its true that Bitcoin is currently declining and a good time to accumulate however its best to use a capital that you can afford to lose since the future of Bitcoin is uncertain (though we are optimistic it will reach another ATH). But then, investing in Bitcoin can wait so buying a house should be the priority.
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May 19, 2022, 08:36:21 AM
 #45

This is a difficult question to answer. If we believe that bitcoin will continue to deliver returns well above inflation, it makes sense to invest in bitcoin, especially now that it is cheap. On the other hand, the price behaves in a volatile way and you can't be sure if it will go below 20,000 USD and trigger panic selling, whereas buying a house in which you are going to live gives you security and peace of mind. You would also have to see if you plan to stay in the same place for the rest of your life or move. There are many factors and the answer depends on the situation of the person as well.


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May 19, 2022, 10:16:33 AM
 #46

yet another question because I've seen before about gold, silver, fiat and others now buying houses and comparing to bitcoin.
this is like repeating, only one object is replaced and indeed in this case the answer is almost the same, returning to yourself where you are because that is the most appropriate.
Dude, you've been here since 2016.  If you're truly the original owner of your account, you must have seen hundreds of threads like this one.  And it's why I put the entire Bitcoin Discussion section on ignore--threads with titles that ask for an opinion on an either-or choice are easy for shitposters to reply to, which is why they proliferate and drown out the meaningful threads.  It's nutty.

In the end, the members who create bitcoin vs. X threads probably aren't even interested in other people's thoughts, because I rarely see them post again in their threads.  These are also unnecessary, because do you think anybody cares what anyone else thinks about one investment over another?  I sure as hell don't.

I forgot to mention: buying a house as a rental property can be a really smart move, especially when rents and/or real estate prices are rising.  It's not exactly passive income, because you still have to be a landlord and deal with all the problems your tenants face, but they're still income generators.  Bitcoin isn't.  And yet, if I had enough money to buy a house, I wouldn't.  I might not buy bitcoin with all of the money, but I'd certainly buy a substantial amount.

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May 19, 2022, 10:24:05 AM
 #47

If you're in a position to buy a nice house now that's in a good, safe neighborhood, I'd buy it now if I were you. Otherwise, I would continue to stack sats till I felt the bottom, price wise, was reached. Hopefully by then, you'd have stacked enough to borrow against and use as a down payment for a home.
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May 19, 2022, 10:34:06 AM
 #48

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

Houses and lots are eventually going to be more expensive as years passed. So, I guess that's kinda hard decision to make. However, If you're not settled with a family yet and still single then I guess you have a higher risk appetite for renting out an apartment and investment the rest to Bitcoin than those people who is married and have children, because the best investment you get for your family is a comfortable house.
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May 19, 2022, 10:43:36 AM
 #49

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

Making a comparison between houses and apartments is dumb.
I don't like living in an apartment, which makes me a "house guy" I guess. Grin
Nowadays, the most common way to buy a house or apartment is getting a mortgage and paying for the next 25-30 years. This is basically the same as renting, but you get to keep the house/apartment after the loan gets paid.
Getting a mortgage makes sense, if you are planning to have children.
What do you mean by "rent an apartment and invest in Bitcoin"? I guess you are assuming that someone with 200K USD would just rent an apartment and invest the remaining money into BTC, rather spending all the money on buying a house.
I don't have 200K USD, but I can tell you that I would never spend them on buying a house(or apartment), mostly because I don't have kids and I don't plan having kids.

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May 19, 2022, 01:53:42 PM
 #50

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
Since I have a family, I will choose to own a house to protect my family, otherwise if I am single I will choose to rent a boarding house which is cheaper than an apartment and invest.
sacrificing a family to not own a home and choosing to invest is a tough choice although the investment is promising, it all depends on how much money you have and if the amount is big you can take both 50/50. Buy a simple house, the rest is an investment.
If you are a single person, life suddenly opens so much more doors to you for investments and business chances. A single person could live a life where they are homeless and barely surviving by buying enough food to not starve to death, and chase their dreams. You want to be an actor? Apply for every single position that you could find, doesn't matter what role it is, if you want to become one, you could chase it and live in your car or something during that time.

Hence, being single makes it easier to chase your dreams. On the other hand if you are married suddenly you have to have some standard of living and that usually means you gotta follow what would make your family’s life easier and better.

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May 19, 2022, 01:55:07 PM
 #51

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
For me, I'd rather secure my living first. In fact, we can do both together, we buy the house and invest some Bitcoin. Fund management is very important in your situation. Well, if you have a job, then make use of your salary to add capital from your investment. You can now focus on investing as you don't have to worry about rental expenses, unlike if you rent an apartment.

Give time to think about it and make a decision that you think was right and you know that it was not regretable.

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May 19, 2022, 03:11:22 PM
 #52

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
If you could able to buy then its best to buy but if not or your budget doesnt permit you then you wont really be having any choice but to rent up.In speaking with investment then it wont
 really be need sacrificing something before you could able to do so.We could still invest even with smaller parts which it you could really give out at least have the chance
on getting something when that investment booms in the future.We do have our own will and jurisdiction on things that we do encounter.

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cabron
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May 19, 2022, 03:35:42 PM
 #53


Its all just about how much you have. You can actually have both if you have the money. You obviously know a house and BTC are investment but if I have to choose which is it fornow because its the priority that matters first, I'd choose the house for my family's security.

And then I can worry about some other investment like BTC.

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May 19, 2022, 03:36:17 PM
 #54

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
the answer is actually simple.. it depends on you...

I personally would definitely choose to buy a house, I did this not because I don't love bitcoin but I have 2 children who cannot possibly have to move around (if I rent an apartment). now I have my own house and also invested bitcoin, I got both and it makes me happy.

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teosanru
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May 19, 2022, 06:07:11 PM
 #55

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
I'll anyday rent an apartment and invest in bitcoin, however the investment should be phased, it should be done in form of DCA, i am saying this because house is generally a pretty long term which means atleast 10+ years. And when you talk about bitcoin in next 10+ years it is definitely going to be bullish and much higher than what it is now, while the same thing can't really be said about your house real estate hasn't really seen that fancy growth in past few years.
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May 19, 2022, 09:11:12 PM
 #56

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

If the money I have is enough to buy a house, of course I will without any doubt buy a house instead of investing in Bitcoin. Because in my opinion
a house is the main priority that a person must have, especially since house prices continue to increase every year. So if I have money, I have to buy
a house right away. For me, living in a house that I bought myself is more comfortable than having to live in a rented house. Unless my money is
not enough to buy a house, then I will choose to invest in Bitcoin. Who knows, investing in Bitcoin in the long term could make me have the money
to buy a house in the future. The most important thing is that we don't buy a house with a debt to the bank, I really don't recommend it. Our risk of
losing the house is very large, because our finances are not always stable, so it can be problematic in the future. Instead of buying a house with debt,
I prefer to rent a house and I will invest the remaining money in Bitcoin.

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May 19, 2022, 09:29:36 PM
 #57

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
If I get you correctly, the idea your proposing is synonymous to borrowing it invest. I might be wrong but, o don't see much of a difference between them and its not some idea I wish to patronise. We might be experiencing a bearish market and with it the perfect buy opportunity but, you never can tell how long with would last, wlthe challenges your to encounter within the time duration and what opportunities would be lost along the line.
Ther have been one principle to an investment and it often stretches on investing only that which you can afford to loose or your spare cash. On that note, taking out money meant to buy a house doesn't count as spare cash and could be regretful should things no go as expected.
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May 19, 2022, 09:46:18 PM
 #58

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.
I'll anyday rent an apartment and invest in bitcoin, however the investment should be phased, it should be done in form of DCA, i am saying this because house is generally a pretty long term which means atleast 10+ years. And when you talk about bitcoin in next 10+ years it is definitely going to be bullish and much higher than what it is now, while the same thing can't really be said about your house real estate hasn't really seen that fancy growth in past few years.
If you do choose on renting and investing with bitcoin in next 10 years then it isnt really a bad idea but we should take consideration that everything wont really be that an assured thing to happen which chances for

your bitcoin investment might boom up or down depending on the demand which is something that we couldnt really guess on what are the things ahead but if you could really take risk then go ahead.

its our money then its our decision to be made but be sure that you are fully aware on what are the things that could possibly happen and dont anticipate nor hope that much.

R


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May 19, 2022, 10:37:20 PM
 #59

Would you rather buy a house to live in or rent an apartment to invest in bitcoin  Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

Houses and lots are eventually going to be more expensive as years passed. So, I guess that's kinda hard decision to make. However, If you're not settled with a family yet and still single then I guess you have a higher risk appetite for renting out an apartment and investment the rest to Bitcoin than those people who is married and have children, because the best investment you get for your family is a comfortable house.

Obviously it will be different for sure when we are married or not because when we haven't it seems we tend to be more daring in taking risks because we only think about ourselves,
indeed maybe this is a good time for us to take advantage of investing in Bitcoin,
it's not an easy thing to decide like that but to be wise it's better to adjust the priorities first
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May 19, 2022, 11:22:02 PM
 #60

When Bitcoin and the market generally were doing so well last year, I made use of that opportunity to complete my old man's house that has been uncompleted for more than 2 decades... I'm saying this because the market are in red and it has been for a while now and basically the only thing giving me joy now is my making use of the opportunity at the right appropriate time of last year and of course that alone, forever will flourish in my memory.

Moreover, I know that doesn't answer your question quite well. But if it's left for me, I definitely would fix my house cause at the deepest thought, its more than just a house but a home. Then after invest when I'm more comfortable.

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