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.
Possibly and practically speaking, I think it will be beneficial for your part if after gaining that much with bitcoin, you should now buy your house for your own good since bitcoin has already played that much on your part, it is best if you will spend your earning to buy a house for your own purpose of preparing for your future. Since it is really possible to buy a house with bitcoin's price rate approaching the price peak, it is just essential if you will buy your own house.