Cryptocurrencies are the hot news at the moment, but do you really have any idea about how it will convert your digital funds into bricks and bowl?
According to the most recent report, Australian house prices have dropped constantly. Middle price across Australia’s capital fell 0.5% over the final quarter of 2017.
While the property market is becoming cool, cryptocurrencies are becoming hot.Digital currencies such as TRON, IOT Chain, and Ripple has incredible growths in these days. With price increases of 100% more in 24-hour periods for some cryptocurrencies, it’s easy to get caught up in the excitement.
So what to do if you’re cryptocurrency rich but house poor? Or if fiat currencies suddenly collapse and property vendors only accept Dogecoin? Luckily, we have put together a handy list to help you figure out your purchasing power in the inevitable crypto-future.
A word of warning: Cryptocurrencies are incredibly volatile. That means that the table below will be perfect for, 10 minutes or so before one of the currencies either skyrockets or has a precipitous crash.