I want sell my house for bitcoin

[Xxmodded]

It is clear that he has 2 houses. 1 house is for living and 1 house is the abandoned one.
No, he won't be homeless since he has a house to live in. That's why he is brave to sell the abandoned house.

Regarding the current price of Bitcoin, I agree that it is low enough to buy now. He can plan to hold for several years (target selling 2024-2025). He can expect to gain profits only in 3 years. Investing in Bitcoin is always more profitable than any other thing because it has a big volatility.

OP has two houses and he try to sell one and used for investing in bitcoin, based on speculation about how faster growing up increase investment assets between property and Bitcoin actually have faster earn profit with Bitcoin. Not bad ideas if OP try to sell his house and invested in Bitcoin trough price still drop right now. Just have little step by OP because he can't directly selling his house used Bitcoin as investment currency, need to sell cash or fiat and later used or convert to invest in Bitcoin.

OP have one step forward thinking about faster profit earn when holding his house as property or use other chance by converting with Bitcoin and actually he can earn much profit later but depending with Bitcoin can reach higher price.

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[Leviathan.007]

Not me but none can suggest you sell your house and use the money to invest in bitcoin because that's a risky decision and completely depends on yourself and your situation. As far as I know, most people will invest what they can afford to lose even taking a loan for investing is not a good idea, so selling your house will be the most dangerous decision you can make. However, there are many people who got lots of money by just doing these risks but that's a risky decision.

[albon]

If you have more assets why not. Selling your house for Bitcoins can be a great opportunity for you especially at a discount like now. I'm sure you will get much more out of your previous property because Investments actively seek to profit from price fluctuations with buy/sell trades.

There is no guarantee that he will achieve good profits through which he can obtain his previous properties. Undoubtedly, investing in bitcoin is the best investment in history, but it carries a lot of risk because the crypto market is very volatile, so I advise everyone not to rush to sell their properties such as his house or car. Etc. In exchange for buying bitcoin, he must invest with money that he can lose, money in excess of his salary, and so on, although the profits may be large, but we must look wisely as to the loss may also be large.

[m2017]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

Assuming this house isn't your only home, why not take a chance and sell it? Now crypto markets are down and this is a better time to invest than if you bought bitcoin during a bullish trend. I don't presume to recommend this step for sure, because I don't know all the nuances of your case and therefore, you yourself must think about the final decision, weighing all the risks. If you plan to multiply the money within 2-3 years, then it may turn out that due to unforeseen circumstances you will receive a profit much later. Therefore, you need to be prepared for surprises in the crypto market.

[NicNacCoin]

I was going to tell you no, until I saw this:

(I have 2 house, which I want sell it is abandoned house)

In that case I see it more logical, because I understand that if that house is abandoned the money from the sale you do not need. I also assume that it will not be a lot of money, but now Bitcoin is cheap, so it is reasonable.

I also agree with what you said. If his house is abandoned then of course you can sell that abandoned house and buy bitcoins with that money. I think this is completely reasonable. Because you have two houses. In that case you can buy bitcoin by selling house. Now the price of Bitcoin is very cheap.Right now if you can sell your house at a good price then surely you can buy high amount of bitcoins. And you can build a house of your choice by selling bitcoins when the price goes up a lot.

[YOSHIE]

(I have 2 house, which I want sell it is abandoned house)

Selling the house and buying Bitcoin, my assessment is a bad idea, remember, this is the internet you never know what will happen next, profit if after you buy it goes up, but what if it happens the other way around, the risk is bigger than what you think, don't just think fortunately, you have to think the situation is bad when it happens.


My advice.
If you still want to buy Bitcoin there are many ways you can do it, what's more, you have two houses, if you don't live in the house, you can rent out the two houses for a minimum period of 10 years/house, Of course you can do that and money can be bought in Bitcoin with the rent, you automatically have no risk if things go wrong, that's a suggestion, a consideration of course you have the right to make a choice.

[carlfebz2]

"Abandoned house", here is your answer actually. To be honest you aren't risking anything. If it's not your living house then this isn't high risky. Leaving for nothing better sell and buy Bitcoin. If I were you then I would do the same thing. But it shouldn't hurt your lifestyle at all. Because cryptocurrency investment is always risky hence it gives you a high return. So you should have enough patience to hold till you make good money. Nothing out of risk in the space.

Selling the house that isn't in use to buy bitcoin is a good choice. Some used to rent the additional ones and make regular income out of it. Selling the house and buying bitcoin is a good choice if OP have got the patience to hold. If not, he could try renting the home in exchange for bitcoin. OP can receive initial deposit and regular income in the form of bitcoin.

Bro, if the house is just left useless then he can take the risk. If Op doesn't have a regular income to carry family expenses then he won't think to invest in Bitcoin. He could use his money after selling the house. But if he isn't forced to use real life then won't buying Bitcoin a good choice? Risk is everywhere, even if you do a real-life business there is also risk. So think deeply. If not take the risk, can't be the gainer. I am pretty sure Bitcoin will recover today or tomorrow.

If you do have the money and its not really that needed for you to sell out one of your properties then you should do it.Its not necessary on selling out houses just for you to invest with bitcoin
since we could do it on fractions.Dont rush up yourself on doing such decision because properties does have appreciation and doesnt depreciate.Even though its on idle situation
but im not really a fan on selling out properties which does have potential.

If you could buy bitcoin without needing to sell something then you should do it.Buying gradually and considering that we are on a market where its dipping or on simply
with bears then it is really that cheaper which is something a good entry point for you to get in.

Property value won't depreciate, but beyond certain point it won't increase. The value will be almost stable. In such situation it is good to take an entry into bitcoin, selling the house. Going for bitcoin buying without selling the house is always good, but at times what OP said seems to happen. If he had sold it yesterday now he could be able to buy two house, as the market of bitcoin could go high in no time.

Based up on real experience and scenario which i do have some property been bought then i could say that their value does increase overtime but as i said that it would really be varying on the location which is

a huge factor which would really affect out those numbers but if not then it would turn out to be moving sideways which you do actually have the point.

Well, it doesnt matter on where you do make yourself that stick out as long you could really make some profits or do take advantage then it is really your risk to take.
Not all would really be that confident on such situation and this is where risk taking would be taking place.

[sulendra12]

Do you think it's good that I sold the house then I buy bitcoin with all the money?

No.

I would not recommend that. Invest into Bitcoin is great in the future but I would rather just use that house and change it to dorm so other people can live in there. You can charge each person there with reasonable price and people would love to live in there. It's really good for passive income and you can use that money for Bitcoin investment in the future.

I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.
(I have 2 house, which I want sell it is abandoned house)

If you insist to actually sell it, then how long will you wait until you can buy 3 house?
That event would repeat in next day, 1 year, 5 years, 10 years or never. I would prefer to do something that is already benefit.

[Oceat]

Do you think it's good that I sold the house then I buy bitcoin with all the money?

No.

I would not recommend that. Invest into Bitcoin is great in the future but I would rather just use that house and change it to dorm so other people can live in there. You can charge each person there with reasonable price and people would love to live in there. It's really good for passive income and you can use that money for Bitcoin investment in the future.

I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.
(I have 2 house, which I want sell it is abandoned house)

If you insist to actually sell it, then how long will you wait until you can buy 3 house?
That event would repeat in next day, 1 year, 5 years, 10 years or never. I would prefer to do something that is already benefit.

You have a great plan but I think you overlaps the condition of an abandoned house which will cost too much for a repair if OP want to make it as a rental house. But of course, it depends on what decision OP would take if he ever accepted your suggestion though we don't really know what is the financial situation of OP to consider your suggestion that's why it's up to OP.

And lastly, investing in Bitcoin and gaining a good profit won't just happen overnight and if you are only planning to buy during the bull run, you might missed too much since bear market is always the best time to buy cheaper price. Waiting for the bull run to happen then buying the price that almost took closer to the ATH won't give you a decent profit.

[DaNNy001]

You want to sell your house and invest in BTC well for me thats not a bad idea but that depends on how many houses you are having. And one thing again you must understand a few things about the market too, yes one would say the market now is perfect to invest but how long can you hodl to see the market rise and if you are planning on getting more profits over night I can't promise  that possibility at the moment seeing that we are in a bear market and anytime the prices of bitcoin can even plunge deeper..

So I think the whole thing depends on you

[ajiz138]

Don't you think how the house is to be rented annually? Obviously this will have a good impact on selling it because you want to buy bitcoin and indeed for you it may not be a bad idea but think again how in other ways and you can still invest in bitcoin.

If the house is abandoned then you need to renovate it to make it more attractive and be able to rent it out to others, I see the rental prices in Asia are quite high, you can see here: https://www.globalpropertyguide.com/Asia/rent and it depends on the variation your own house may be bigger and nicer then the price will be higher.

I know investing in bitcoin is not a bad idea people always want to own bitcoins for the purpose of future assets with multiples of value but need to think about the greater risk there than renting out a house which will be more friendly to you.

[famososMuertos]

I have seen this type of questions or Topics at board Gambling, it is a kind of trolls that are coming out with this type of random questions, posing as genuine users in good faith, but they are not such a thing.

Now we have more than 100 answers, there are quite a few real estate experts and investors...

...Well now, it's my turn:,

Don't risk what you can't afford to lose, can you afford to lose your home...?

[Finestream]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

I don’t see any good reason to sell your house. Instead, it will only increase the chance of losing your money plus your house if you aim for quick profits in the market especially that we are still in a bearish market yet. How about make a good renovation if it’s already old, and then look for trusted tenants that can pay you a good amount monthly. That way, your house is still in your own possession, and you also make good profits out of it.

[Vaculin]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

Definitely not a good decision as you might lose your money in the end by chasing for more profits with bitcoin. You can always make money with your house regardless of the season by renting it, unlike bitcoin that it’s hard to see good profits particularly when the market is in a deep bearish. So never make rush decision this time to avoid making regrets in the end.

[peschwecks]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

I admire your courage, understand your thinking, and thank you for the confidence you have shown in Bitcoin. But hopefully this is the result of thoughtful thinking and not an impulsive act.

[dlightag]

Bitcoin is a digital asset, which we can feel, but can not touched it, while the house you bought or build with bitcoin digital money is an asset that you are leaving or taking rate as the case may be. the question you ask, have already have a clear answer to buy now as bear market is currently on, which to sell for next bull run market, if to sell the house is the only way to race a funds, is a personal decision since you know the industries works in a bitcoin circle for every four years price difference increments. 

[TopTort777]

If I get it right, you have 2 houses, one you want to sell, as it is abandoned. Wont renting this house and investing received amount in Bitcoin be a more safe strategy for you? You will keep the house and still have Bitcoin. Dont get rush with selling decision. Bull market might now start soon. I offer you a stable but low income, instead of risking. Because in case you have failed, you would return back to 2018, to were you have started, which means you havent achieved anything during 5 years

[Renampun]

...

(I have 2 house, which I want sell it is abandoned house)

abandoned house? it would be better if you sell that and invest the money into bitcoin (if I were in your position, then I would immediately do it). Renting it out will only provide a small passive income, especially if the location of the house is not in a strategic area.
bitcoin will definitely be bullish in the future, so don't miss the opportunity that is available now, now the price of bitcoin is minus more than 60% of ATH, therefore the best moment to buy is now.

[SOKO-DEKE]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

Selling your properties just because you want get rich quickly is not advisable.if you decided to sell the house now and buy Bitcoin how sure are you that you will not letter also sell the Bitcoin to buy coins or tokens just because Bitcoin may not  have increased value by the you may side to sell with of getting rich. House a very good investment which is very hard to depreciation like that, the house may not add value now because you not wait enough. So the better advice is for to place it in rent so you can be using he profit you get to be buying Bitcoin time to time.

(I have 2 house, which I want sell it is abandoned house)

Selling houses to buy Bitcoin is not the problem but the risk that Bitcoin and cryptocurrency generally involve is my concern. Just know that the back of your mind that can you afford to lose those houses because they always warn us to invest what we can afford to lose. You can sell the houses if only the houses is not valuable to you again but that should not be because you want to get rich quickly, if not your calculations may not work out.

[pawanjain]

Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)

You should be financially literate before making such huge decisions. You should understand demand, supply, asset value, diversification, liquidity, volatility, probabilities etc...
Your house is a physical asset which holds a good value. Although its ROI might not be as good as bitcoin but you can consider it as a safe asset.
Bitcoin is a volatile asset and it's value keeps increasing and decreasing. Although its ROI is good year on year but any point of time it can decrease in value.
We cannot compare a real estate house with bitcoin because both are different and has their own pros and cons.
So the point is if you are already holding some bitcoins then you don't need to sell your house and if you some extra houses which are abandoned other than the house you live in then you can consider selling it and investing that amount somewhere.