Topic: Buy a car now or invest and buy later? - page 3. (Read 3974 times)
Invest in Bitcoin. Buy the car in a few months time.
If you need a car, buy a car. Investing always gets you more, but you can't drive an investment.
Why spend your own money on a car? Buy it on credit, lol. Seriously though, with half decent credit, you can get a loan under 10% APR for a used car (or much less if buying new). If you think bitcoin will go up by at least 10% a year, you could come out ahead by keeping the money in bitcoin. Plus, there's a realistic chance that bitcoin could jump up over 100% in the next few years. Or just cash out the bitcoin to make monthly payments. All of that assumes you can take the risk that bitcoin crashes overnight somewhere in that time period.
cars arent safe, enjoy death
If I understand you correctly you already have $20k invested in BTC? In that case I would personally lean towards a car for $10-12k, and keep the rest of the money available for future investment opportunities and/or as a buffer for unexpected expenses.
I also never buy BTC on stagnation or rallies, only dips/crashes. So even if the next dip was at a higher price than the current one, I would buy then.. not now. Because you already have a bunch of BTC, I feel this is the best alternative. No need to rush it.
I also never buy BTC on stagnation or rallies, only dips/crashes. So even if the next dip was at a higher price than the current one, I would buy then.. not now. Because you already have a bunch of BTC, I feel this is the best alternative. No need to rush it.
You can do what you want with your cash but one thing I am telling to everybody. Keep one bitcoin at all times and never sell it (at this time). One bitcoin is enough to be rich in few years and risk of losing it is slim.
Spend 5k on the car and 15k on BTC. There are plenty of decent cars for 5k.
Invest in BTC instead of buying a car, and buy a bike later 
Hi,
I have a decision to make and am not sure what to do. So I already invested 50% of my cash into BTC for long term. Now I have about $20K and I need/want a car for 3 years now. I found three nice cars but am not sure if I should buy one of them now? Or better invest those $20K in BTC and speculate?
Maybe when I invest, I will lose it or if things goes well it will double in a few months and I could get the car for free. I need and want this car, there is no discussion about if it makes sense to buy a car or not.
So, what would you do? Go full (90%) BTC and speculate? Or get the car now and enjoy the ride?
I have a decision to make and am not sure what to do. So I already invested 50% of my cash into BTC for long term. Now I have about $20K and I need/want a car for 3 years now. I found three nice cars but am not sure if I should buy one of them now? Or better invest those $20K in BTC and speculate?
Maybe when I invest, I will lose it or if things goes well it will double in a few months and I could get the car for free. I need and want this car, there is no discussion about if it makes sense to buy a car or not.
So, what would you do? Go full (90%) BTC and speculate? Or get the car now and enjoy the ride?
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