What will your choice be?

[Obulis]

Very serious question. Hard decision to make. However this is not without some conditions which will prompt any decision. Situation whereby there's a house existing but then a need for a bigger or better one, then Bitcoin investment is the best thing to do. Situation whereby the buying of house is for investment sake then Bitcoin investment is best. In a case whereby buying of house is to have a personal home, then it becomes really hard to decide which way to go, however under such condition the country of residency becomes another factor to look at, altogether choosing both at a certain percentage is the best thing to do (like Bitcoin 60% and start the house with 40%).

[henry_of_skalitz]

it depends entirely on whether you need that house or not. it would be a new one or the one you will live in because you have nowhere to go? and on the country you are in too

[crwth]

Look at it this way, if you are going to go the rent route, you need to consider "how long?" If it would be 10 years or so, because if you total the amount, then you would probably be looking at a large amount, so now you would ask yourself. "Rising rent price is considered?"

It's basically the ROI that you would want. A rent-vs-BTC projection would be a good comparison.

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

My answer to this one is obvious, yes, buy that BTC. BUT of course like what every member has emphasized that it would be dependent on what you have.

[Anayochukwu]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

I think this advise might be helpful for people that are leaving in a comfortable place not people that are still paying rent yearly. Investing in Bitcoin is good when you have a backup plan, not just about the gain because you will still not hold on to it if you don't have another source of income. And even tough the money is not enough to get you a house, unless you only have a plan for a self contained which I am not even sure you can get a standard one.

[henry_of_skalitz]

I think this advise might be helpful for people that are leaving in a comfortable place not people that are still paying rent yearly. Investing in Bitcoin is good when you have a backup plan, not just about the gain because you will still not hold on to it if you don't have another source of income. And even tough the money is not enough to get you a house, unless you only have a plan for a self contained which I am not even sure you can get a standard one.

It's coming from a man having millions in his pocket. It cannot be a good advice to anyone because, clearly, not so many people have so much to to toss around.

[m2017]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

My choice? I'd buy a house and rent it out, then buy bitcoin with the proceeds.

When you buy bitcoin, you're spending money on rent. And while your money is "frozen" for the duration of your investment, you'll be losing money the entire time. Yes, you'll make a profit on your investment, but you'll also be spending a considerable amount on rent over that entire period.

When you own your own house, you don't have to spend money on rent (people always need a place to live). And I believe that housing, a basic human need (can't live on the street), will prevail when choosing between bitcoin and a house.

Therefore, in my opinion, the order of actions would be as follows:
- House (housing).
- Investments (in bitcoin).

[fikrett]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

My choice? I'd buy a house and rent it out, then buy bitcoin with the proceeds.

When you buy bitcoin, you're spending money on rent. And while your money is "frozen" for the duration of your investment, you'll be losing money the entire time. Yes, you'll make a profit on your investment, but you'll also be spending a considerable amount on rent over that entire period.

When you own your own house, you don't have to spend money on rent (people always need a place to live). And I believe that housing, a basic human need (can't live on the street), will prevail when choosing between bitcoin and a house.

Therefore, in my opinion, the order of actions would be as follows:
- House (housing).
- Investments (in bitcoin).

Especially if one needs additional funds for his needs,... be it family or investing further in BTC / something else. Your logic is rational to me

[collardelay]

If I am starting out to buy Bitcoin at the current entry point, i would most definitely only invest an amount that i do not need immediately or in the foreseeable future. The bull and bear cycles are a part of the Bitcoin ecosystem so it will definitely require a hodl mentality.

[Finestream]

In reality, building your own house has always been an individual's dream most especially if your family have been renting all throughout your existence. It will be a lot of saving already instead of getting pressured to rent monthly.

So I don't think it will be wise to invest in bitcoin first and delayed your own house. Your home is already your real-life investment especially if you make extra rooms for rental purposes. With that, you earn an income monthly, and you could use a portion of that to invest in bitcoin. You don't just built your own dream house, but you are also building a lifetime investment, you have rental business and bitcoin investment for long term.

[AprilioMP]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

If a house is a necessity, then I’d choose a house over Bitcoin. But there’s a catch. If I could use the money I have to rent a place for a few years at a more affordable rate, I might choose to rent a house and put all the remaining money into Bitcoin.

Saylor suggests buying Bitcoin instead of a house because his economic status isn’t at the lower or middle level—he’s already in the upper class, and even beyond that.
His mindset is no longer focused on how to own a house, but on how to increase his holdings in other major companies.
My conclusion is that it all depends on one’s level. If you’re still struggling to make ends meet, buying a car isn’t an option.

[Smack That Ace]

I just want to reiterate one thing: investing always involves risk, and Bitcoin is no exception. Bitcoin has the potential to be profitable, but it does not promise or guarantee anything. Risks come not only from the market but also from human factors. Therefore, you should only invest money that you can afford to lose, and don't put all your eggs in one basket.

Using money intended for buying a house to invest in Bitcoin is not a wise idea. Because it is clearly an amount of money you can not accept losing.

[Botnake]

If you are living already in your own comfortable home, then I don't see the essence of buying a new one. A house is considered a liability because it costs money for taxes and maintenance, unless the goal is to be rented out. But if you are living through renting an apartment, the monthly expenses is really a huge burden most particularly if its located in the heart of the city.

But personally, my choice is to prioritize buying a house first so I can have something to be called my own, and to escape the heavy load I am paying for monthly rental. Bitcoin investment can wait, and I'll do that once my finances get established so that I can focus on bitcoin and grow it consistently to achieve my goal profits.

[buwaytress]

Context, OP, context =)

I've posted here a few times already (so I'm not one of those made-up story posts if you want to dig my history) my situation in 2020/21 -- no longer remember the precise date, can't be too arsed to check -- when I had to liquidate, and it was house related. No, not that rich to buy a house, but Bitcoin over the previous 5 years actually allowed me to make a downpayment for a decent home I otherwise would never have been able to afford had I not saved in Bitcoin.

This was shortly before price went up 3x to ATH... haha.

But I look back with little regret. I couldn't have known how much higher price would have gone, but I knew how difficult it was to get a home where I now reside. Opportunities were few given my own circumstances, home prices weren't coming down, and the need was great. Almost certainly, waiting would have kept the family in more difficulty, discomfort, etc. A new job for spouse and schooling for the children followed shortly. Almost certainly, not possible without the new home.

That same coin I sold, had I waited til 2025, would have made me wealthy enough to downpay for the same house and reduce mortgage by over 5 years. But I would be much poorer in health and security I believe.

Context, OP, context! =)

[Agbe]

0.1 BTC is a big amount of money. We have to understand and calculate before buying BTC or building a house with the money. We have to know how much we can make in 5 years time with the money. Will the bitcoin investment provide $10,000 in this period and building the house for renting can give me that amount. How much is the house rent? We have to consider all these before going to any of them.

[lovesmayfamilis]

Yes, Michael Saylor, of course, sometimes "burns" with his advice. But it doesn't take into account one small thing. Not everyone has a roof over their head to think about buying bitcoin, and moreover, they still have to wait a while. It is good to teach and advise when you are sitting in a warm room and at a large table, but unfortunately not everyone has these joys, but there is poverty. Moreover, one should not forget that a person has only one life to wait for it to turn into some better option. It is necessary to live within your means, being able to invest and make purchases, commensurate with your capabilities.

By the way, today it’s difficult to even do good apartment renovations for that kind of money

[Sammye3]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

Well, i don't think this advise in the general perspective is right because I cannot buy bitcoin when i don't own a house yet. To me, comfort matters a lot especially when I have the money for it. Bitcoin is speculative and might take years to make profits, you don't expect that I remain homeless and put my investments only on bitcoin.

I would always advise people,  do not put all your eggs in one basket. Learn to spread your investment so that one loss does not put you out completely.  Every investment has different risk level but with bitcoin it is quite high,  it is a cryptocurrency that you have no direct influence over compared to physical investment where you get to control your investment based on physical factors.

I would rather get a house and buy bitcoin at my best interest, not buy out of negligence or hype from influencers and other big names in the crypto world.

[Livingleged]

My choice? I'd buy a house and rent it out, then buy bitcoin with the proceeds.

When you buy bitcoin, you're spending money on rent. And while your money is "frozen" for the duration of your investment, you'll be losing money the entire time. Yes, you'll make a profit on your investment, but you'll also be spending a considerable amount on rent over that entire period.

When you own your own house, you don't have to spend money on rent (people always need a place to live). And I believe that housing, a basic human need (can't live on the street), will prevail when choosing between bitcoin and a house.

Therefore, in my opinion, the order of actions would be as follows:
- House (housing).
- Investments (in bitcoin).

Your choice would have been an excellent idea, but the said amount will just not be enough to build a house nor to buy a house in this Morden time. I do not know if you actually took note of the price in question.

By my conversation 0.1btc is just about $7k it’s won’t be enough to build or to acquire any reasonable building that could be rented out to get ROI in a short time as it may profit you if you actually invest the same amount into acquiring bitcoin.

Your idea is top notch, but will only work for a different price not 0.1 BTC. Hence, buying bitcoin will be more reasonable and profitable.

[Renampun]

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

I don't think 0.1 Bitcoin can buy you a house, it's only $7,500 USD, are there any houses that cheap? okay, maybe in developing countries there are government programs that subsidize it, but that's too limited, and the house specifications might not be that good for the long term, and the process of acquiring it might be complicated.

buying Bitcoin is an attractive option, but let's look at the situation first. investing in Bitcoin is a process, and the results aren't instant, so you might need time to see a return. during this process, you might need money, and you might sell at a loss because you need money quickly.

so someone needs to consider carefully to be able to allocate money more wisely whether they want to buy bitcoin or buy a house.

[Jostern]

I think this would be a personal decision, and not everyone would have to take this advice and personally I think it would be a position that I find myself before I can take such decisions, currently now I might have a plan of building a house now, will you be expecting me to change that decision and buy bitcoin in a lump sum, I might not be able to stop my ambitions of building a house, the fact that I want to build a house doesn’t stop me from buying and investing in bitcoin, not everyone have a huge amount of money like Micheal Salor to buy a large and bulk quantities of bitcoin, so you can still buy small small and accumulate little by little, when you have that discretionary amount and still be building your house, so like I said it’s a personal choice if you have to stop building a house and then use the money to buy bitcoin, everyone have their plans when it comes to bitcoin investments.

Personally if I have such amount and considering my age I would obviously buy and invest in bitcoin more and more everyday either on a weekly basis through the DCA I wouldn’t want to buy through the lump sum, because the DCA would be more sustainable to me.

[The Cryptovator]

Don't buy a house he said, buy BTC instead.

If you have money that can build you a house but also this money can get you 0.1BTC, which one will you chose to do?

Micheal Saylor is telling people to avoid buying a house right now but instead buy 0.1BTC and hold, so I think this will be a good discussion for today, what do you guys think will be the best decision?

Drop your opinions.

All the advice won't be applicable for all the investors. I know if I had bought Bitcoin instead of building my own house, then my money would have doubled now. Doesn't mean I haven't invested; still, I am doing DCA to accumulate Bitcoin. But my situation was like I really needed to build my house; my child is growing up and the family also needs my own home since I am capable of doing so.

In my country it's important to have a social identity; unless you have a home, then it's hard to build your identity here. However, it was based on my situation; now I am free. Again I have started investing in Bitcoin, because now I am relaxed and have a better social identity. So each of us has to take decisions based on circumstances. Whoever only has a small amount of funds that's not enough to buy a house, then probably he could take the risk of investing in Bitcoin. So later he would buy a house with his funds.