Post
Topic
Board Economics
Re: If Bitcoin goes up very high should i buy a house?
by
nesty
on 05/10/2017, 11:44:26 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.

That would be a nice move if the bitcoin price goes up very high and you have lots of bitcoin on your wallet go and buy your own house that is a very good investment and practically speaking if you own a house you will not worry about the mortgage.