Just a little reminder.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
DON'T INVEST IN WHAT YOU CAN'T AFFORD TO LOOSE.
Good luck with it though.
I am very surprised people have sold their house to buy bitcoin.
I certainly would only do it if I owned more than 1 piece of real estate and saw an undervalued bitcoin opportunity to buy in.
2014 was not the year I would have sold real estate for bitcoin. I was cashing out in the $780-$820 range.
Got a few things at $1120 peak in dec 2013.
Diversification is never a bad thing. Glad I did not hold 100% bitcoin in 2014. I sold about 60% for fiat and invested in other asset classes.
I personally think it is never a good thing to have all your eggs in one basket.
This is something many people either learn the hard way or not at all.
He sold his house in 2013, not in 2014. 2014 had many buying opportunities, I think Today is a buying opportunity at 310$/coin.
Ya right, bitcoin's price is at 270 now, NOT a good time to buy as the currency is starting to go down very rapidly.
I wonder how the guy who sold his house is feeling as bitcoin dropped $50 in the last 48hrs. The price is continuing to drop consistently.