Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
Evansloin
on 22/09/2017, 08:31:40 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.
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.
Yeah, you can go for buying a house as prices have gone so up. In fact you can go for anything you love to like going for world tour, investing in different countries or buying different things for yourself. You can support your family more efficiently when prices of bit coins are high. Good luck.
If you have made investments already and things are under your control then not only house you can buy anything that you can afford. If you are holding then congratulations to you now you will get much more than you even expect, just wait for few more months or years whatever suits you.

I think that buying a house is like a dream come true for every bitcoin user, maybe you can buy your dream house through bitcoin, and probably your favorite things, but if only the signature campaign is your source of income I think it is very difficult for you to buy your dream house.