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.
Yes it would be nice to think that you can own a house through bitcoins. I will be very proud if that happened and I will surely gain some confidence that I bought this house because of my hard work. It can happen if bitcoin price wil goes up that high and I am looking forward to that.