Post
Topic
Board Bitcoin Discussion
Re: Should I sell house to buy bitcoin if it drops below $ 5000?
by
Tuare aget
on 16/04/2018, 02:40:36 UTC
I joined this market a few months, I also lost a little money. Now I want to have a bigger plan by selling my house to 100% participation in this market. What do you think?
You think I will have another house or I will become homeless  Grin Cheesy Grin
Of course not, while I have faith that bitcoin will without a doubt go up in price once again I'm not willing to risk something like a house just to get bitcoin, you need to follow one of the first rules of investment, which is to only invest what you can afford to lose in your own words if you were to do that and you lost your money you will become homeless so in other words you cannot really afford to invest that much money in bitcoin.

I knownit will be exciting if the price of bitcoin goes to $5k per bitcoin because its very likely impossible. Its just likely but nothing is really impossible in bitcoin.
Though the market is going to $5k and its exciting but sell house to buy bitcoin is very dangerous. Never do that friend if you dont want to go to hell if the price again below $5k.