Topic: I finally sold my computer and bought bitcoin. I don't regret . (Read 413 times)

This is where the key is that you really understand what you are doing so that you are ready for all the risks and you will not regret it. If that's the case, I think it's the right decision to sell your computer and buy Bitcoin for investment and still save some money for your real-world needs.

What you need to do next is to be more patient and wise in making all decisions. Especially when the price of Bitcoin might fall next, so you can not panic and continue to hold Bitcoin until it matches your desired price.

I mean if you feel have no such thing as a regret with your decision, then I guess it's fine for you. Because I've read you also another laptop for your college then at least you have a stuff to work on your college journey, so best of luck for you there. But, the only odd part of story is that why you sold the computer tho? Even though it's money, but for me computer is really import and there is no way I'd sell that.

Lolz!! This fabrications are still existing? Well it is a good idea for you to buy Bitcoin and hodle I might not be interested for you selling a computer to buy Bitcoin because this is a old format in which people were using to get merit but the format has casy out and I am only interested on the part you bought Bitcoin and hodle for the next bull market and if only you even have any. And why did you think keeping the money in the fiat bank will help you and why didn't invest all in Bitcoin or are you planning to use them in a short period of time? If it is so then no problem. Because if you invest all in the investment and when you want to used it within a month Plus and if the the fee is still high then you can't make a transaction because only the fee might bigger than your total coins.

Well, if you have your laptop for your studies, then probably selling your computer in exchange for bitcoin is a wise idea. However, since you bought bitcoin at a higher price, then make sure to hold longer your bitcoin so you can sell in the future at a much higher price, which means selling in profits. Just increase your bitcoin portfolio through DCA, that is if you have spare money to buy bitcoin.

Bitcoin is a high risked asset, so always invest at an amount you can afford to lose. Don't invest all in, most especially that you are still a student, having no stable source of income that will sustain your investment.

When you are selling your assets and keeping a part of them in the bank, then it doesn't make sense. I appreciate your Bitcoin investment decisions, but I'm wondering why another part of the money kept in your bank account that won't give you anything. Or do you want to follow the DCA strategy to buy bitcoin? If so, then it was a good decision. Keeping money in a bank that doesn't give you any returns is just useless. But keep in mind: don't invest in Bitcoin that you can't afford to lose. So everything depends on your financial situation, actually. For investing, Bitcoin should be financially stable.

The bitcoin halve will be expected to be occur in next year,So it may be considered as the better option to get into the bitcoin market.But you had missed the opportunity to buy the bitcoin at the bear market which occur in last month.From the month beginning,we expected to have the bull run.Since you already sold the computer to buy the bitcoin,you can stay with the decision.The bitcoin holding for the longer period was the essential one in the bitcoin trading,many traders buy the bitcoin by selling some assets.But they may sell the holding bitcoin for the emergency fund needed time,they are not ready to hold the bitcoin till the expected bull run.


We should not sell our assets to buy another asset,because it won’t be the better option even though you lose can be recovered in the future.Instead you may save the money from your monthly salary every month.After a year,you will have the big amount then your computer sold money to buy the bitcoin.Since you had already sold,you should wait till the maximum increase in bitcoin price.

with my little experience here, I don't believe that selling your laptop to invest into Bitcoin is a good start, if you don't have the money to invest into Bitcoin you should just look for a better opportunity like business or something else that can be given you money steady without selling anything. If you sell all the properties that you have what are you going to sell again and invest in Bitcoin? Nothing
Bitcoin investment is not by force, it is good to invest but only invest what you can lose like it is said. However, why still save some of the money as fiat? Only that act shows that you don't trust bitcoin but you still sell your laptop to invest in Bitcoin, you know what? You will still need to that laptop if you have gone a long way into crypto currency, because you will need to install some wallets into the laptop and keep your coins there as laptops are the best accessory to install Bitcoin wallets like electrum.

I am not always in support of selling properties just because you want to invest in bitcoin. I just hope you are not making use of the laptop for anything, and I hope you have another laptop to learn about bitcoin. Everything is not about investing in bitcoin, but you should learn how to secure your bitcoin. After investing in bitcoin, you have to keep on learning. If your laptop is of no use to you and you have other devices to use, then it's fine. I even like the idea of you not investing all your money in bitcoin and deciding to keep some of it in your bank account.

I don't really believe most of the stories I see when they claim they sold their properties and invested all their money in bitcoin. I believe most of them are just fake. Some of them do create threads like that, hoping they are going to receive merit, but I still believe your story a little bit. I will just give you a piece of advice, don't sell your properties next time just because you want to invest in bitcoin, I don't really see it as a nice move.

Some electronics that you think are useless and keep in hope might be useful one day, so don't think everything you are not using currently won't be useful one day, and if you are planning to get it back, you won't be getting it at the price at which you sold it.

You said that you did the right call for it. Why people are this? When you're making some moves and it's already done and telling or asking us if you just did the right thing. Come on guys, you're all grown ups and you know how to make good and bad decisions. So, for this one, if you are wanting to own some bitcoin on your stash, just end it with a yes and you're satisfied with this purchase but sad moment that you have to sell that computer if ever it has some sentimental value. But then, soon, you'll be able to purchase another set again when the price goes up and this is going to be your next computer if ever you're planning to buy a new one again. Anyway, don't make it look like you're feeling sorry for what you did.

OP, I gotta agree, it's kinda weird you're asking if that was a smart move after the fact instead of before, if that's right.
But besides that, I have to ask;  Why did you buy only 0.006 btc, and the rest of the money, as you say, deposited in the bank? You don't have the confidence to invest everything in bitcoin? That in my opinion would be a better solution. Money in the bank will only lose value over time.



He says he has another computer, a small laptop.

But if I were you, I wouldn’t sell the laptop; rather, I would find another way to make money and invest in bitcoin since you will have the use of the laptop you sold out for investment and you know the investment cannot generate profit in a short period of time. What is the essence of selling it to invest in bitcoin? It’s not a nice idea; to me, however, the laptop that will help you in college means you will use it for education, which is more important to you than investing in bitcoin right now, I think. I just hope the money you invested can be afforded to be lost. There are some topics similar to this, and all those people are investing because they see the price gradually rising.

Haha, what a weird decision.

Do you have any other resources to access the information more efficiently, except your smartphone? If yes maybe your decision is right maybe, but I'm sure it's not a wise decision at all.

You better provide some kind of service to earn much more Bitcoins compared to the current amount you've bought.

Selling something you do not need and putting the money into a wise investment. That is exactly the kind of thing that I like to see. Good job. Now the most important part is to hodl. Do not sell on a loss, even if there is a moment in which panic is justified. Trust in Bitcoin and you will find that trust to be rewarded in the future.

In fact, if I were you, I would forget about the Bitcoin for a few years at minimum and find something else to distract myself with, otherwise you will end up looking at the price chart thousand times a day until you eventually panic-sell.

If you actually had no use for the computer you sold, then it's not a bad decisions to sell it and use the money for your investment. I am wondering why you did not sell the laptop at the early month of this year, so that you would have bought Bitcoin when the price was still around $21k. If you had taken this decision then, you may have bought 0.01 Bitcoin the same amount you spend in buying 0.006.

If you actually invested so that you can earn some profit during bull market, you will not get a very significant profit because the invested amount is a bit too small. If you are expecting a huge profit, you should accumulate more Bitcoin but don't sell off your belongings to invest.

The computer he sold is just a spare computer since he has a laptop according to his reply on the first thread.


Selling something valuable that is already redundant is really a good idea to get a quick capital for investment. I have a spare motorcycle too that I sold last bear market just to buy the dip and now I manage to purchased brand new one using my profit.

If you just need a computer for college, and you even had 2 computers, then I would say you did a smart thing. If everything goes as many of us expect you should be able to buy a way better computer in the next 24 months, or anyway your investment will grow. For sure it's better than keeping a second computer that would only keep losing value day after day. Now you just need to hold and don't trust all the FUD.

With the current conversion it's worth at least $252 and that can be assumed to be pretty decent for a move like the one you're making right now.
You don't regret what you did that's all that matters but on the other hand I would like to ask if it's unused then it's not a problem especially if there are other options like laptops or tablets that support it I don't think it would be a problem but if it's your only tool then I think it's a bit overkill.

But whatever it is, I think your decision is final and you sold it without hesitation to buy bitcoin and I quite appreciate the effort you put into this as long as you think it's important and better then that's good.

The decision is only right when you have an extra PC for work if you have not then I think this is not the best decision. I saw many people who love Bitcoin and want to invest in it to gain profit but with the lack of capital they did not do this, some also fall in that category but they have some things and they sell it and invested in Bitcoin,  a few days ago a person on this forum has also invested in bitcoins by selling some cows from his father farms. There is nothing bad in this if you have something that is extra or does not make any burden if you sell it same is with you,  you have nothing apart from and you sell it.  Hope you will gain the goal from which you sell your computer. 

You have made the right decision, we have entered the Halving for next year. Hopefully your business selling your computer will be beneficial for your future, at least the money used will not interfere with your needs in life because it will harm you in the future, at least you can separate which money is needed and which is money for investment, because there are several experiences of people like you who sell their goods to buy Bitcoin, but they don't have money for living needs and the proceeds from the Bitcoin they buy are resold for living needs, at least there is a separation for investment and for living needs, as you mentioned, buying so much Bitcoin and saving it in such an account is a good decision for you to manage your finances..

So you literally sold one of your computers and not your only computer. Assuming that your story is correct, I find it strange that you ask about the feasibility of the plan after you have done it and finished, and not before that.
I will ask you a question: What if the majority here told you about the stupidity of your plan (especially if you actually sold your only computer), would you change it? Frankly, I do not imagine that, and all I can conclude is that you came to raise this topic looking for confirmation and not a real request for advice.

In general, it can always be said that it is never too late to invest in Bitcoin, no matter how small the amount is, but never forget the golden rule that says, “Never invest in what you cannot lose.”