Selling house for bitcoin

[CryptoJolly]

Friend of mine is planning to sell his house and invest half in bitcoin and the other half in altcoins. Do you think it is a good idea?

[Vx1]

hahaha .. i guess you're just kidding, selling house for investment in Bitcoin and Altcoin. this is really Crazy idea, very risky! your friends are really big balls.

[Phylum1020]

Friend of mine is planning to sell his house and invest half in bitcoin and the other half in altcoins. Do you think it is a good idea?

No, it is definitely a bad idea to sell off your house just to invest in bitcoin. There are lot of ways to gather sources (money) to invest in bitcoin, you can lend some money on a lending company or in a bank and other options like this to gather money for investment. Bitcoin is a risky investment, we know that it can give you profit but it is not wise to sell a house just to invest in it.

[spatialiste]

ah ah I like to think it's a joke, or if ever it's serious, it's a very bad idea, in the crypto game I used to hear or read that you have to invest only the money you can afford to lose, and is he ready to bet his house in such a volatile market and manipulate by whales?

[hello kitty]

Friend of mine is planning to sell his house and invest half in bitcoin and the other half in altcoins. Do you think it is a good idea?

If he sells his house, how later she lives, if my advice is better to borrow a friends or family instead of having to sell a House.

[Gubre]

For me that is not a good thing to do and the risk is too much. I would rather be patient in joining a campaign than selling my property just for making investment in crypto.

[Aliados]

Maybe your friend looking at crypto as one big time event to have huge profit without fear on his heart. Anyway he should not forget that crypto is so much risky.

[Syantik]

I think that way is very big risk in the future because to the often changing exchange rates, losses can occur suddenly and result in traders becoming difficult to be patient with holding an asset.From there it is usually a problem that will arise in investing.

[Jaguar]

Very risky indeed. How your friend become more aggressive to do that, suppose he/she have more properties?
Possible to make it especially if your friend are ready to accept whatever the circumstances and consequences.

[pingky]

in my opinion this is not a good idea, better to use other means instead of having to sell the House.
but all was back again in her belief, if indeed he is already convinced and already sure of if he will accept a higher luck from the price of the House. Yes it's up to him.

[u01p113]

 Well, I suppose if your friend has two or more houses that it could be a fine idea. But if it is his only house that is a terrible thing to do. A loan is a better idea.

[Master107]

Once in a blue moon that all alts goes to moon at the same time. I would suggest it should be prepared well in order to do such things in a nice way to have success at the end and not regrets at the whole time of life.

[felixesteban]

Buying bitcoin by credit or selling a house or a car is definitely not a smart attitude. It's not an investment, it's gambling. People come here with the charm of money, but the result can be tragic.

[julliandrey]

I dont think it is good idea. Selling a house to invest in bitcoin is a craziest idea people do. Investing in bitcoin is a risky thing because u may not know you will have a good profit in the future or not. Invest what u can and dont put yourself in the risky thing that you will regret in the future.

[Raboni]

That is really good idea but it is engaging to mountain risks in the future for your friend life. Taking the risk should have another techniques that reserve in order to have more  chances.