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.
For me it is a good idea. Why not buy if you have money you can use to buy? Why not buy a house if it is badly needed? Where are you going to use your money instead? It is your reward, every time you will see that house it will remind you of your success and definitely it is the best feeling ever. It will be your investment. Do you have regrets when you spend money? Well, have no regrets if you will use your money to buy a house. Any person who uses his/ her money to buy a house does not feel any regret after he/ she bought a house.