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.
I think that's a very good idea. You can gain physical assurance of your profit in working or investing in bitcoin. We can't know how long can bitcoin survive in this world of uncertainties. So it is important to secure your earning from cryptocurrencies not only in bitcoin but also in other profitable coin. Cryptocurrencies has different types and range of price. It like products of different kind but all usable. So use it wisely for your own good.