A decision to make

[Coyster]

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 a whole lot on the individual in question, personally i would buy a house, do not forget that i could also lease/rent my house out at anytime, and make money from it, but that is by the way. I know quite a lot of us believe in Bitcoin, but in life there are prolly somethings that should be primary, if the house is of utmost importance to you and your family, then the decision should be an absolute no-brainer, you just have to get the house, as long as you have a job in RL and you are hardworking, you will definitely be able to save up something sometime later to invest in Bitcoin. And do not forget you do not have to invest in Bitcoin all at once with a huge sum, that is even a risky thing to do, thus if you buy your house, you can use Dollar Cost Averaging to grow a Bitcoin portfolio, it doesn't matter if you are even investing $30/$40/$50 per week or something around that amount, it would turn into something in the long run.

Since you're in two minds on what to do, it could mean the stipulated sum is nearly all you have, then you shouldn't even consider using it up for Bitcoin investment, lest you invest far more than you can afford to lose.

[Zanab247]

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 rent apartment to invest in bitcoin because the price of bitcoin is too low for anyone to invest a huge amount of capital and hold for a better future to come. Now that the price of bitcoin has dropped down to $29k, it will be favourable to those who will use all their money to buy bitcoin and become a millionaires soon in the community. I think the best thing to invest your money now is bitcoin because it has demonstrated few months ago to alert investors to get ready for Massive pumping before the end of this month.

[Haunebu]

Personally, I feel that this is a great time to go all-in with BTC since I am confident that it will bounce back into the $40K range in the next couple of months which implies that you can gain >30% if you invest now.

However, this is just my prediction based on the historical behaviour of BTC which is why you should always invest only what you are willing to lose basically.

[livingfree]

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.

Are you single?

This is good if you're single since renting an apartment would just be normal if you're alone. But, if you're a family man, the cost of rent would do cut a huge part of family's budget.

Take it this way, if you buy a property. It's also an investment because the property's value appreciate but as you live there, it won't produce you passive income but at least, you have a peace of mind.

[Finestream]

For me, it will be calmer to buy and improve my home, and only after I have some kind of financial cushion will I invest. I cannot trust that I cannot guarantee the safety of my family, since we are raising children, and we cannot risk their lives.

But I agree with Lucius that for very young people, it is possible to take risks, live in a rented apartment, and invest in bitcoin. But again, you must be prepared that at some point, it may happen that you will have nothing to pay for housing. Therefore, evaluate all risks.

If we are looking for guaranteed comfort and security, i think buying a house first for your growing family would come as the first priority. Once you are done with that, then its the best time to invest and take some risks. Although each of us have different priorities in life, but make sure that whatever you chose, you will always be responsible of its outcome. Life is not just all about making money, but its also how you will live your life meaningful and valuable.

[Captain Corporate]

If we are looking for guaranteed comfort and security, i think buying a house first for your growing family would come as the first priority. Once you are done with that, then its the best time to invest and take some risks. Although each of us have different priorities in life, but make sure that whatever you chose, you will always be responsible of its outcome. Life is not just all about making money, but its also how you will live your life meaningful and valuable.

This is %100 true. I mean I believe that if you invest that money into crypto then you "may" become richer, and I get that but that doesn't mean that you should do this. We should end up with a house first and guarantee our life first. After you did that, instead of paying rent, just end up putting that money into crypto, or even if you can't and pay a mortgage, that's fine because you will have something that will gain value. Depending on where you live, with inflation, you will end up with a house that will be worth maybe x2 or even more by the time you paid off your debt. This is why it's such an important thing to get a house when you can, crypto would only be an alternative to it when you already have one.

[24Kt]

If we are looking for guaranteed comfort and security, i think buying a house first for your growing family would come as the first priority. Once you are done with that, then its the best time to invest and take some risks. Although each of us have different priorities in life, but make sure that whatever you chose, you will always be responsible of its outcome. Life is not just all about making money, but its also how you will live your life meaningful and valuable.

This is %100 true. I mean I believe that if you invest that money into crypto then you "may" become richer, and I get that but that doesn't mean that you should do this. We should end up with a house first and guarantee our life first. After you did that, instead of paying rent, just end up putting that money into crypto, or even if you can't and pay a mortgage, that's fine because you will have something that will gain value. Depending on where you live, with inflation, you will end up with a house that will be worth maybe x2 or even more by the time you paid off your debt. This is why it's such an important thing to get a house when you can, crypto would only be an alternative to it when you already have one.

I also believe that's a smarter way to look at this situation. Because buying your own house, will also in time increase its value. Though it may not be the same with crypto profits. But you have the assurance that when you wake up, you still have a home to stay with. But when it comes to crypto investments, you have no assurance where the market will be heading to. What if it crashed when you badly need the money, so you will end up at a loss and no roof. But once you secure you have a home, you can do basically what you want afterwards. In short, secure you have a roof first.

[Hydrogen]

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 was big property tax hikes in the united states for 2020 and 2021.

Homeowners To See Higher Property Taxes

Average property taxes paid rose 4% in 2020, according to data from real estate information firm ATTOM Data Solutions. Housing experts expect them to jump even higher in 2021 as many communities that lost revenue during the COVID-19 pandemic are scrambling to raise new funding. Rising home prices may allow them to cash in going forward.

Metropolitan areas in Alaska, Colorado, Washington, Georgia, and California saw some of the highest price shocks. In Anchorage, AK, for example, average property taxes rose by $987.65, or 26.2%, in one year, according to ATTOM.

“It’s going to bite deep into both homeowners’ and landlords’ pocketbooks, as reassessments kick in and send property tax bills soaring,” says Brian Davis of Spark Rental, a firm that makes software for landlords.

Property taxes are expected to increase by about 6.5% in 2021, according to realAppeal, a company that helps homeowners appeal property tax bills. This larger financial burden will have the hardest impact on homeowners who lost their jobs during the pandemic, elderly residents living on a fixed income, and those struggling to get by in the face of rising inflation. Even tenants will pay the price, as at least a portion of those tax increases are expected to be passed down to them in the form of higher rents.

https://www.realtor.com/news/trends/why-property-taxes-are-rising-and-what-homeowners-can-do-about-it/

I think its better to be on the home owner side of property tax hikes, rather than on the renter side. Inflation could cause home values to appreciate, with the property value gains trickling down to home owners. While renters could take a triple whammy of tax hikes, inflation and landlord middle men increasing their rents significantly higher.

It could be accurate to say both home owners and renters could suffer as property taxes are raised higher.

Those hikes in conjunction with higher fossil fuel and food prices with inflation are going to leave many unhappy with their finances.

[Kasabus]

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.

Bitcoin may be the best asset nowadays but the fact that losing is still inevitable, then that won't secure your future either. So i'd rather buy a house first because that decision alone comes with future security, and that you will not lose anything from buying a house, instead you can also make it as an investment if you plan to sell it in the future or convert it into a rented apartment. Bitcoin investment can wait, and its surely my second priority.

[ChiBitCTy]

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.

This really all depends on where you live and how financially sound you are. In some places it’s actually more cost effective to rent versus owning. Of course there are plenty of places too where it makes more sense to buy. I don’t think you should necessarily mortgage you future on owning bitcoin versus buying a house maybe try and split the difference. Tough call need mode info on the person who’s considering doing this.

[uneng]

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.

To rent a house/apartment for a living is waste of money. The priority should be always own a place for yourself or to live with parents and relatives without paying for the place. Once you acquire your house, you can start investing in bitcoin every month in low amounts of money, so you can enjoy the cheap prices, even though you won't be able to buy large sums of satoshis.

But on long run you will be saving a wage or so every month, since you won't be renting, while increasing the value of your patrimony, because the house you may buy will become more valuable along the years. Moreover, we don't know how long it will take until bitcoin enters a new bull run, so you shouldn't put all your hopes, life savings and tickets on this particular event.

[bangjoe]

Meeting the basic needs of life must be the main thing. When we have money, don't think about profits from business, investment or whatever it's called to meet those needs, but fulfill what we need first. If we prioritize investing, it's not wise in my opinion. It's better to be late to invest than to ignore these basic needs.

[bitzizzix]

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.

[Semar Mesem]

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.

Although bitcoin investment is very promising but we must always be realistic, there is always an opportunity to drop like what happened a few days ago when the bitcoin price dropped from $ 40 to $ 30k, when you have money then immediately buying a house is better and safer and certainly will not make we regret if the negative trend persists for a long time.

[lionheart78]

I will prioritize the place where I can leave comfortably, so basically it is a house and a lot.  Lot continuously appreciates in value so there is no worry that it will be worthless someday.  It is wise to invest in highly volatile items if we have extra money that won't affect our daily financial needs.

[dataispower]

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.

This question is difficult to select one. and any of them is good but it matters the one that is important for you at moments. If you rent apartment and buy bitcoins and the bitcoin fall is same thing with some body who paid for apartment and the rent get expired, as cryptocurrency person i will like to use the money to buy house and divide it and for rented apartment of local house and invest for bitcoins for one year. Because i know that with short time it will give me profit to start another project

[Zilon]

If it's a residential building then a rented apartment will do just fine while you invest in Bitcoin  but for commercial buildings liked building with the mind of having some to let out then building is preferred for me. Land and houses appreciates too and at this point bitcoin has gotten to a tight price range where by one still has to think carefully before deciding how much to invest. Either way is good but crypto is best invested with an amount you can afford to lose

[TheUltraElite]

Would you rather buy a house to live in or rent an apartment to invest in bitcoin 

I would buy a house. You may not. It does not change anything.

Buying a house means having a real estate property at hand if you never had one. Your own house is your own, a rented house is never going to be your own. And if you are someone who loves decorating and designing your own house to make it look real, bitcoin should be kept aside, because end of the day your happiness is what matters, not your money.

Since bitcoin is experiencing bear what decision will you take make use of the season or let it pass.

The previous statement and this are not linked, even if you might think as. Bitcoin price undergoes bull and bear cycles. That does not mean you will sell your house or go into a rented house, that is an absurd thing to think about. When the prices is bearish, you will buy and then stop at a point when you run out of fiat at hand.

[Nivia1st]

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 choose the 2nd option, rented an apartment and used the rest of my savings to buy bitcoins. buying a house is not an urgent need so I can postpone it. it's better to rent for a while, but can buy bitcoins at cheap prices. I skip the initial release of bitcoin, then I also skip the crypto winter 2018, so this time I'm not going to miss it.

[dataispower]

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 choose the 2nd option, rented an apartment and used the rest of my savings to buy bitcoins. buying a house is not an urgent need so I can postpone it. it's better to rent for a while, but can buy bitcoins at cheap prices. I skip the initial release of bitcoin, then I also skip the crypto winter 2018, so this time I'm not going to miss it.

If you are asked to pick one among all. I can see that you are not interested to pick buying Bitcoin with the money, investment first before any other things, for me. Because i know that if my investment rise according to my wish i will make the money from there i will  buy personal house instead of renting apartment, i think that investing is the best thing to do