Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
setupbounds
on 20/09/2017, 18:13:59 UTC
It depends on the kind of house. It also depends on the amount of bitcoins you have.
I personally would not buy a house if I had to spend more than half of my Bitcoins on it. A house is something you can buy later, Bitcoin is an opportunity that happens once in a lifetime.
I agree with you it depends on the amount of the house that you will buy if it fits in your funds. Personally, I would'nt buy a house I could still save and hold my bitcoin for it to grow my investment. I can still buy a house if I wanted to but more likely I must convert it into fiat.

Buying a big house is my dream, but right now I'm more interested in making business in the real sector first, my dreams will still come true if I develop as many business assets as possible and in the future and hope to enjoy the rewards I also bought a house just from bitcoin and want to focus on enlarging assets for mining rigs, if we have a long-term plan, then we will focus on capital for business first.
Yeah, in present, I recommend you should saving your Bitcoin, it better than waste your Bitcoin for buy some things or asset stable price like Gold, Real Estate. If you have a look in long-term, you will understand saving your Bitcoin today never make you regret Cool
Yes of course you should buy a house if you need, because property is also a source of investment and profit. But if you do not really need a house then it would be better to hold your bitcoin in your wallet because in the coming future the price will grow more and more and you will be rich more than today. Therefore I think both are right keeping bitcoin for future or buying a house against your bitcoin.