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.
yes, and you can buy other property that profitable for you. keep for some year and sold again
Good one, however, instead of taking some out, I have always wanted to grow what I have and earn from it. With that you can easily take out and still capitalize on the fact that what you have will still bring you the best in value.
Even when the value has stopped rising to a certain point, it is still the best thing to make use of what you have to earn more goodies for yourself.