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.
Buy a house with bitcoin,sure a house is worth a lot,but making a mistake is what I think you are doing here,like if you wait for a few more years,god knows maybe you can buy one house for one bitcoin(sounds ridiculous but you never know). What I am trying to prove here is that you can wait for a few years and then think of buying your house using bitcoin.