Post
Topic
Board Bitcoin Discussion
Re: I want sell my house for bitcoin
by
Quidat
on 29/11/2022, 23:55:43 UTC
Do you think it's good that I sold the house then I buy bitcoin with all the money?
because in my own calculations, my house value didn't increase in date year by year. the value is still stagnan, it's different when compare it with bitcoin, I will got 3 house when I sold my house then buy bitcoin with that money in 2018 and sold it again on ATH november 2021.

(I have 2 house, which I want sell it is abandoned house)
Bitcoin is still a risky investment, and you don’t hold any assurance that you will gained huge profits from it or you might end up just like others buying at a high price and selling at a low price. My point is do not compromise your house in exchange for your bitcoin expected profits because that is still not 100% sure that it will happen. If you want, you can buy a portion of bitcoin with the amount you are not afraid to lose. At least, once you lose that, you still have that house in your own possession.
It doesnt really give out assurance but there are people whom do really like or love to play with fire or simply with risk.If you do see that it is worth then so be it but if not then
i would rather let that house to monetize for me and rent it out into someone to have atleast some money in every month but since its mentioned that it was
that abandoned and havent been used then its not really a bad option for you to take on selling it and putting those funds on bitcoin but of course
you should really be that mindful when it comes to risk involved.