You Could Buy a House, Soon, If You Buy One Bitcoin Today
Buy a bitcoin today (about $63,000) and buy any house (non mansion) that you want in 1 to 5 years.
BUT!!! Would you trade your bitcoin for a house at that time?
Lets say you want a $250,000 single family house. Very reasonable in most places in America except for the expensive cities. And, bitcoin does go to a quarter of a million dollars by January 1st, 2027.
Would you trade that bitcoin that you bought at $63,000 for that house?
Hey, you just got the house you wanted for $63,000! Isn't that great??
Well, except for psychology, math, and the rest of the markets.
Soon, bitcoin will rise. The bull market is upon us! But, we are still waiting, and waiting.
The housing market is set to collapse. There is nothing holding it up, except everyone holding their breath. No one wants to lower their price. But, those who are actually selling are taking a 10-30% cut on price. Soon, everyone will be lowering their price.
Yes, soon. Soon, really soon. Any minute now…
That's the problem with this market. The timing is being delayed. And in that, many people have given up. Or, they have put their crypto in cold storage and have just forgotten about it.
People are still saying that "real estate (housing) always goes up.
When will reality catch up to the market?
Soon. Very soon. (maybe)
The real estate market is dying.
So many things are coming at the real estate market. The real estate market will not survive. (and this will be a reason why you may not want to trade your bitcoin for a house)
- The immigrants will leaving the north. They will be making a run for the border. Those not fast enough will see bad endings. There will be all kinds of residences that they were "renting" now available.
- Boomers will be leaving their homes. Either to the banks, or to their will. Boomers own 25% of the homes, and soon all that inventory will be on the market.
- People will be leaving cities. All the new residences being built will be all for not as the cities empty out.
- The covaids VAXXX situation is not over. The deaths are now starting. And will be called VAXXX deaths. Just the admission of this will scare the market silly. It will be hard to get a mortgage because of it, and many houses will become vacant.
- The banking system is coming undone. Banks will be very stingy with mortgages, meaning even lower real estate prices.
- All those big commercial buildings, that are no longer being used by corporations will be turned into fancy, high priced apartments… just as no one wants them.
- And if non of this comes to pass, demographics is a killer. Birthrates are lower than deaths.
When bitcoin is going up, housing will probably be going DOWN.
Would you trade something appreciating for something depreciating? or crashing?
Bitcoin is going up
Once bitcoin starts moving, it will go up and up and up.
Many people forecast bitcoin at $250,000 by the end of the year.
And, if everything else was normal, we would see a crash, and then bitcoin settling into a channel till the next bull market. But, everything else is not normal.
Bonds are teetering. The stock market is not going up, even with all the money printing.
Wars are looming. People are scared. The fiat is looking precarious. Rich people are looking for places to put their money.
When bitcoin starts going up, it will keep going up. We do not have the economy that says, we will be here for the next bull market. So, $250,000 will probably be only a resting spot, before bitcoin pushes towards a million. After one million, no one will want to trade bitcoin for fiat. You can no longer buy it.
You will have to trade something real for bitcoin. Put up your Porsche 0.01 bitcoin on Craigslist. Sell your trailers, and your big boy toys. "Will trade for bitcoin".
And, also houses. There will be a cash price, and a bitcoin price. And these will be the only indicator of how much bitcoin is worth, as it is no longer sold on exchanges.
That house, you were eyeing, when you bought the bitcoin for $63,000 is now 0.1 bitcoin. It was 0.25 last month. What happens if you wait longer?
Do you even want that house now that you really see that people are clearing out of large cities?
You could have houses that were $1,000,000 just a year ago. Maybe you want that.
Or maybe you just want to rent of 10,000 satoshis a month until you see just how low housing goes, or how high bitcoin goes.
Maybe, when the house you were looking at will take 0.1 bitcoin, you will just grab it up, because, you have 0.9 bitcoin left. Sure, you could save some bitcoin, but why? Now is now.
What you really should consider is that there will be a lot of investors that are in housing, that REALLY don't want to be there. They would much rather be in bitcoin. You are in the position that other investors are envious of. And that this will be the new future. Bitcoin is increasing in value, every day. Nothing else can even compete with it.
The new investment strategy will be, buy bitcoin, hold bitcoin.