/biz/ - Business & Finance

[Anonymous No.56721047]

Is it a better idea to put $2000 a month towards buying a house or put it all into BTC before the next halving?

[Anonymous No.56721069]

Yes

[Anonymous No.56721077]

You'll be able to use your btc to buy a house later anyways

[Anonymous No.56721083]

>>56721047
you don't have to mow your bitcoin lawn

[Anonymous No.56721105]

>>56721047
If you can't already afford a house then anybody die hard about the future prospects of crypto would advise you invest in that instead until you can. However be aware we're extremist in our investment strategies and it could blow up in our faces. It's simply a risk we're willing to take.

[Anonymous No.56721125]

>>56721047
put it all into pepe2

[Anonymous No.56721131]

your house isnt going to 5x in the bullrun mongo.

[Anonymous No.56721149]

>>56721047
bitcoin is like a portable, unconfiscatable, world wide real estate. its thousands of times better than a house. which comes with a lot of risks, including

- the mortgage debt trap, you have to work 40 years to pay of your loan.
- regional economic risk. if the economy around your house drops your house becomes worth less, if your country economy fails worthless.
- war risk. if you have a house in the ukraine, or any other place that is going into war. it becomes worthless
- upkeep costs
- maintenance costs
- you don't really own your house, in most countries the goverment does.
- inheritance tax later
- you can't move your house
- you can't send your house to somewhere else
- etc etc

no one with a +100IQ would choose a house over bitcoin. its the risky non rewarding investment

[Anonymous No.56721605]

>>56721149
how retarded is a condo compared to a house? while i agree with everything you're saying, i still want to move out of the ghetto eventually.

[Anonymous No.56721660]

>>56721605
I have no valuable input for your question but you can move out of the ghetto without buying a place. Rent in nice areas can be relatively cheap as long as it meets normie criteria for being "less desirable". I found a city 30min from the beach and 45 min from a major tourist city that's half the cost a comparable house would be due to being in a flood zone and not having much in terms of bars and shit. Renting a full sized house with a yard and nice middle class neighbors for the same price as an apartment in a bad area would cost in a major city here. And if by some chance some crazy ass weather event caused a flood I have insurance so fuck it.

[Anonymous No.56722392]

>>56721605
Nope.

Buying is in no way cheaper now that prices are inflated and rates have doubled.

If a bad neighbor moves in above/below/next to you, you have to pay tens of thousands to sell and move.

2-3 story condominium complexes are glorified apartments, many of them were apartment conversions in the 2000s during the housing bubble. Extremely cheaply built hearing all your neighbors footsteps/noises.

Get land, preferably as much as possible, because all neighbors suck.

[Anonymous No.56723835]

Bitcoin... Definitely. If you have a place to stay for at least another year, that is. I'd split thoe 2k into 1k for btc and 1k for alts that have historically done well and maybe even bet on newer projects (IQ Protocol for me, ex).
I'm dcaing a similar amount to you into crypto and my folio is BTC, LTC, and BNB, with some money allocated for IQT's release.

At the end of the day it's obvious btc won't dump in any meaningful way till the halving so even if it's a very disappointing pump then (less than previous ATH etc) you can still just take your money out and put it into a house. It's not going to get much expensive by Q2 2024 anyway.

[Anonymous No.56723856]

>>56721131
This more or less. Besides 2k monthly for a house is going to take a long while of no interest, no extra revenue, no possibility of growing your money at all. And if for X reason you can't keep paying, it's over.

[Anonymous No.56723861]

>>56721105
halve always meanss masive pump. no exceptions.

[Anonymous No.56723870]

>>56723835
Buy bitcoin. Stake bitcoin. Farm bitcoin. Simple as.

[Anonymous No.56723886]

>>56721605
Yeah, eventually. Take it easy anon, build some wealth first.
>>56723835
>IQT's release
Digital real state has not gone that well before. It's been done kek. Maybe it can have a Mana moment where retards actually buy and rent nfts for a bit thinking it has any potential. Good luck

[Anonymous No.56723894]

>>56723835
reasonably diverse bag, whoever can afford it should be doing the same

[Anonymous No.56723895]

>>56721077
retard

[Anonymous No.56723905]

>>56723861
>No exceptions
25k was supposed to be the floor, "no exception" lol. Stop focusing on retarded esoterism and pay attention to the stoch rsi instead.

[Anonymous No.56723910]

>>56723835
>>56723894
always stake on trustworthy coins rather than betting on the new, but its still not bad once in a while

[Anonymous No.56723926]

>>56722392
>Get land
Isn't buying a house from scratch like x50 more expensive that way?
>>56723856
This

Don't bother OP. Trade until you are either in the hundreds of thousands or you off yourself.

[Anonymous No.56723928]

>>56721149
"Portable unconfiscatable real state" yeah try to live under your NFTs bro.

[Anonymous No.56723932]

>>56723895

[Anonymous No.56723931]

>>56721105
Most grounded, sane biz post i've seen in months. Incredible.

[Anonymous No.56723944]

>>56723870
Boring.
>>56723886
Decentraland sold, literally, kilobytes worth of space represented by a 3D box. THAT is what scamming looks like. Renting nfts hasn't been done before.

[Anonymous No.56723949]

>>56721131
neither will bitcoin nigga

[Anonymous No.56725516]

>>56721047
Definitely BTC

[Anonymous No.56725547]

>>56721047
I would say BTC has higher gains but bigger risk. It might also crash and fuck you over.

[Anonymous No.56725602]

>>56721047
I bought my house with 100k USD in BTC @ 18k per coin and I used that as collateral for a secured loan with an LTV of about 50%. When BTC hits 100k Ill have my house paid off AND still have all my tokens.