Selling house for bitcoin

[tamango]

I hope you are joking..noone with a brain will do such a thing....bitcoin, altcoins and crypto in general are one of most volatile and with higher risk on the market... it's very dangerous to do such a thing!

[therozaq]

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?

I think It 's not a good idea. You should invest with free money , dont sell your house for invest. It is very risky.

[sugarchrisp]

I hope you are joking..noone with a brain will do such a thing....bitcoin, altcoins and crypto in general are one of most volatile and with higher risk on the market... it's very dangerous to do such a thing!

I agree, but if it pays off he's pretty much set for life.  It's still dumb, but not without decent reasons. 

[altcoingamer]

It really brings up an entire other question... if you had 250,000... would you risk it all for a 40% chance of going to 1 million dollars?  I think thats probably the odds you'd be facing at these prices.

[victorianomojica]

 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 .We can use our savings or spare a little money to invest in bounties.Selling a house for bitcoin is having a very big risk in the future .

[Mbah Jenggot]

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?

It is not good idea mate, The bitcoin is high volatile. We dont know when the price will rise.

[Syantik]

In investing all the risks will surely come up suddenly but the decision is still not quite right because to the decline in the price of a coin would make someone panic and losses would be difficult to avoid.

[trofim21]

Well, in my opinion, you need to invest free funds, but buying bitcoins for a long time is a good idea)

[ubay]

It's not a crazy idea, it's the dumbest and unreasonable idea. Better to set aside some of your money and start buying bitcoins little by little, it will be easier and not risky.

[satpol_PP]

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?

It is funny mate. Dont do that. Bitcoin is high volatile. You should use free money to invest in  bitcoin.

[Anti frustasi]

I think the decision is very bad because of the great risk when someone starts investing It will certainly make them worse off when losses are hard to avoid.

[Dynamite]

I think he can make it. I do believe that he planned this long time ago because this is one of the major decision of his life. Even though it is too much risky still I hope for your friends success.

[altcoingamer]

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.

I view it as sort of an interesting stop loss... it may be worth investing in one huge trade (just hypoethetical where you stop loss below 4k, otherwise you go long til 100k... would love to see how it played out.

[jings009]

well, If you have plenty of house and you don't really need that house why not?  we all know that investing in crypto is too risky, it has a high volatility of the market.

[Polisi tidur]

do not let us sell the house for bitcoin, if we can trade with our own capital or we can borrow to friends for trading capital.