Sold one coin today to put a down payment on my house Yes I know Bitcoin will keep going up much faster than a house But I saved it and waited 2 cycles so I can finally escape the pod I've lived in for 20 years I've never owned a bbq or had a yard or a garage Thank you Satoshi

Replies (129)

Also a stable, functional home = productivity go up = more fiat/bitcoin to replace what has been spent 👍🏼
Natestr's avatar
Natestr 1 year ago
Congratulations. You produced value, stored that value, and then exchanged it for something of value to you. This is the way.
PK ⚡️'s avatar
PK ⚡️ 1 year ago
Bitcoin is a tool to improve your life
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Asdf 1 year ago
That is amazing! I'm very happy for you. This is what Bitcoin is for :-)
Congrats man. Its a big step you've taken. Obviously such a hard decision but remembering whats important in ones life should be top priority. May life give you back that coin ten-fold by the productivity you'll have in that house.
Good for you! Remember to minimize your down payment to the lowest possible. Maximize the loan to retained and/or repurchase the Bitcoin that can be held alongside it long term. Just do the math and do what’s best for you, but at least do the math.
Jon's avatar
Jon 1 year ago
Hope to do the same one day
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JotaJota 1 year ago
Depending on how much is worth, what state is located and how much of that value you’ve paid, then you can take a HELOC and use it to buy back your bitcoin 🫡congrats
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JD 1 year ago
Well done bro, you won’t regret it! Time is scarce
R's avatar
R 1 year ago
Nice! Spending your money how you want, as it should be. 🚁😀
Only if your house is big enough for 2 kids:) but seriously, congratulations, I still don’t have a courage to do the same, probably because I haven’t found a house worth 1 BTC yet
Juls's avatar
Juls 1 year ago
This is amazing news 🫂 you go utxo, use your money as you wish! Congrats on your new home ✨
.'s avatar
. 1 year ago
Enjoy man!
Tim's avatar
Tim 1 year ago
that's what it's all about brother
What’s your money good for if you don’t ever use it on the most important things? I hope to be able to buy a home someday as well. With bitcoin, it’s possible.
Congrats! My hope is to sell some sats in the future to an individual for his/her property. I hope to hold out until I can do this. But I’ve owned my homes for decades and it IS the best feeling! Happy for you!
SimOne's avatar
SimOne 1 year ago
Eventually it becomes necessary to spend your Bitcoin. nevent1qqstndfm9n7u8t7z8uwqwa8xygl3r0d63zprjxgjx6ugwnqsdygrl9cprdmhxue69uhhyetvv9ujucnfw33k76twwpshy6ewvdhk67uude9
Bitcoin is for spending, no need to apologise or defend your choices. They are up to you after all and anyone trying to convince you otherwise is retarded.
Man, that's huge—congrats on escaping the pod and stepping into a new chapter with a house! I get it, HODLing through two cycles is no small feat, and using those gains to secure a yard and a garage is something to celebrate. Sure, Bitcoin's gonna moon, but having a place to fire up a BBQ and call your own? That's living the dream. Satoshi would be proud you turned his vision into something real for you.
karo's avatar
karo 1 year ago
congratulations on becoming a homeowner! you should probably start saving another Bitcoin for repairs and maintenance 😆
Promote of expending is an acctitud by a community that wants to share what is more valuable when shared. Did that quality ever exist in money or is it new of the B?
Chad Lupkes's avatar
Chad Lupkes 1 year ago
Utility value exceeds simple financial value.