Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
cbase
on 09/11/2015, 16:28:08 UTC
If Bitcoin goes up very high should i buy a house?

Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage.  Is that even a good idea though? - basically 80% of networth in a house hmmm.  On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.

Man when Bitcoin reaches these high value I swear you need to convert into fiat. You will be able to buy a house with Bitcoin!The seller will accept Bitcoin! Wink
Man! if you think your 80-90% net worth is enough to buy a house without mortgage then what are you waiting for? Isn't earning the reason we trade, mine etc. It is for you to spend at the end of the day, right?