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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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58410888 No.58410888 [Reply] [Original]

Guys Bitcoin is dumping and alts are bleeding out. Should I just cut my losses and sell for my Dream House? I'm not certain the halving will help and I figure this is still close to ath that it's a good time to buy a nice house that's a good investment too. What do you think?

>> No.58410890 [DELETED] 
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58410890

>>58410888
please sell, i'll enjoy the pump without you

>> No.58410916

>>58410890
Is it actually gonna pump again?

>> No.58410993
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58410993

Last cycle got me a nice little condo, this one will get me a house

Jeet now if you'd like, but we're just getting started

>> No.58411024

>>58410993
>we're just getting started
I'm just not certain. How's condo life anon?

>> No.58411077

>>58411024
>How's condo life anon?
Not too bad actually. 2bd/1ba in a small, historic building in a major city.

I bought in early 2021 when we were just starting our first cycle peak and when everyone was leaving aforementioned major city for the suburbs and prices were in freefall. Was underwater for the first year but rents are back up now, things have stabilized, I got it reappraised for much higher so that's nice. The train line my condo sits next to is also getting a huge refurbishment and the stations are being completely rebuilt, so I'm pretty bullish on the specific neighborhood I'm in too.

Roommate has moved out and my gf (soon to be fiancee, hopefully) moved in last summer. Holding an insanely heavy crypto bag that I'll be dumping back in a boring index when we hit our cycle top in mid-late 25. Until then just need to keep my job and keep rugging third worlders on sol until my bag is sufficiently fat.

>> No.58411092
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58411092

>>58410888
>630 sq ft

Get out of Seattle - in LOCL you could quadruple the space and yard and privacy.

>> No.58411102
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58411102

>>58410916
no never again, bitcoin will never EVER pump again, it's impossible for it to go above $100k you should sell everything while we cuck you with our gains in a few months

>> No.58411172
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58411172

>>58411092
>>58410888
This is probably bait but good lord Seattle is expensive. This looks like a ~B+ neighborhood at best too. Here's a comp in a similar neighborhood here in Chicago - nearly twice the size and 1/4 the price
>b-but the crime!
we're comparing it to seattle, so pick your poison I guess

>> No.58411174

>>58411092
Lcol areas are cheap because life there is undesirable

>> No.58411241

>>58411102
But it seems like the halving and ETF news are priced in

>> No.58411274

>>58411172
Ayy lmao I lived on that street and I know exactly where that building is

>> No.58411282

>meanwhile rich people are selling their mcmansions for btc
https://www.youtube.com/watch?v=9D2J7HKPjQQ

>> No.58411294

>>58411274
Nice anon. Logan's a nice area. Too many blue hairs for me, but they do make good coffee
>t. edgewater

>> No.58411391
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58411391

>>58411282
I have one Bitcoin, if I trade it for a house do I need to pay capital gains tax?

>> No.58411940

Is the halving bullish or priced in?

>> No.58412225
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58412225

>>58410888
>they didn't buy BTC
>they didn't buy ETH
>they didn't buy LINK
>they didn't buy RNDR
>they didn't buy RETARDIO, their last chance of making it
SER SER HOW DO I MAKE LE MONEY SER SER PLEASE FEED VILLAGE SER. this is how y'all sound

>> No.58412263

>>58412225
Thanks anon, very cool

>> No.58412275

Probably should just put that shit into a memecoin. Like any of the new ones that are getting shilled on this board. That's what's gonna make you real money during the bull run.

>> No.58412336

>>58412275
That's awful advice anon

>> No.58413132

>>58411940
Bump

>> No.58413148
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58413148

>>58410888
>Should I just cut my losses and sell for my Dream House?
buying a house is a boomer fantasy, you are going to die before you finish paying for it and it will anchor you all your life to live in a certain place, instead keep 50% in BTC and invest the rest in different altcoins such as SUPER,DAI or XRM.

>> No.58413198

>>58413148
>fantasy
Why's it a fantasy, I can do it right now?

>> No.58413216

>>58413148
>buying a house is a boomer fantasy
you fucking gen Z dont understand what it means to have a fucking house

>> No.58413217

>>58413148
>DAI
yep retarded confirmed

>> No.58413902

/biz/ really is dead now

>> No.58413984
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58413984

>>58411102
anon, dont lie to your fellow /biz/tard.

>> No.58415518

>>58410888
If you invested 10k on Dogwifhat in December, you will have 50k right now, but if you invest in MMON you will have bigger gains due to its robust growth prospect.

>> No.58415583

>>58415518
That's bot anon

>> No.58415599
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58415599

>>58411172
>Diversity Avenue, Chicago

Wow bro, sounds like a great purchase

>> No.58415846

>>58415599
Diversity is that street's superpower anon

>> No.58415962

>>58410888
>Seattle

Enjoy fentanyl nigger central

>> No.58415969

>>58411241
The failure of fiat currency hasn't been priced in, friend. Inflation and failed banks still on the horizon.

>> No.58415971
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58415971

>>58415962
This is a white neighborhood. Comfy too. This is in walking distance

>> No.58415982
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58415982

>>58410888
chill out, it's just a momentarily correction, prices will stick up after this mid-east fear passes, then Real Estate willbe a safe bet again as it always has been, truflation data actually shows that "bleed times" are the best momentos to take as bull signals.

Up to you anon

>> No.58415991

>>58415982
having a house right now might be a good investment agains all the dumbs before the halving and the upcoming war

>> No.58415993

>>58415982
this

>> No.58416005

>>58415982
>Up to you anon
the gayest comment in this shit

>> No.58416963

>>58415982
>truflation
Kek

>> No.58417059

>>58415518
I'd better wait for Peaq on this. I'm sure big news is coming after the ongoing Token2049 event in Dubai to showcase DePIN.

>> No.58417084

>>58415599
>>58415846
>Diversey
>Diversity
Lol I haven't thought of that. Kinda fits for Logan Square though (very liberal blue-haired DSA type place). Again I'm comparing it to Seattle, so... pick your poison I guess.

For less grubby socialists and more /biz/raelis maybe look in West Loop, River North, or Streeterville.

>> No.58417181

>>58417059
Very organic anon

>> No.58418784 [DELETED] 

>>58410888
Fuck you pajeet. But more Qanx instead of making noise

>> No.58418812

>>58418784
>>58417059
How are these bits still going?