Topic: I finally sold my computer and bought bitcoin. I don't regret . - page 2. (Read 413 times)

You made the right choice, OP, and I hope you will save it for the long term in order to profit greatly from it. The bull run is rapidly approaching, and if you've invested against it, I believe you've made the right decision for yourself, and you'll reap the benefits of your decision you have made now.


Everyone does what they believe will work best for them, and in his case, he prefers to sell his computer in order to invest in bitcoin. I'm sure he gave it a lot of thought before making this decision. His computer may not have made him as much money as he did when he sold it to buy bitcoin. He must have considered and desired to learn a skill through his computer, but it may take some time for him to earn much more money than he did by selling the computer. It is his decision, and I believe he made the best decision for himself.

Did you sell the PC for about $250? Or still for $2500?

This story would resonate with more forum members if PCs were sold directly for bitcoin. This is a note for you for the future.

Who knows. Maybe you should have left the PC and worked on it, which would have allowed you to earn more than 0.006 bitcoin.

"I finally sold my computer and bought bitcoin. I don't regret." - are you waiting for our approval or praise?

Well, since the OP says that the op has a different, smaller laptop to use, I think it's not a bad decision. If you're in college (as one of the posts by OP claims), then it's not a good time to be gaming a lot anyway, and unless it's an area of specialization that requires a very powerful PC for something like 3D modelling or editing videos, I think a simple laptop should be okay. Nobody knows how high Bitcoin will rise and how high prices for PCs and other stuff will rise, but expecting around 2x-3x returns over the next bull market seems very realistic to me, based on how Bitcoin appreciated in value before.

If you sold something you don't need, that's good news for investing. If you're selling something you use and need, I'd say it's a bad decision. We all want to have capital to invest, and sometimes we can obtain this capital by selling items we do not use or need.

Increase your investment amount gradually and do not put yourself in a difficult situation. When you wait patiently, you will see that you will make a profit.

Well, not very a smart financial decision, considering that cryptocurrency can crash at anytime, especially bitcoin. You never are truly aware on if your money invested will sky rocket, or if you’ll lose a shit ton. I’m curious, how much have you spent on the PC? Hopefully, it should’ve been something you could financially afford, or you possibly had another backup PC/laptop, otherwise, not very a smart financial decision from you.

Please read the forum rules and do not open new topics if you can continue the discussion in the previous topic. If everyone opened only one topic every month with what they bought or sold, what would this forum look like?

I remember your previous post asking if you should sell your computer to buy bitcoin. I had even posted saying not to do that and instead develop a skill on your computer and then use that skill to buy more bitcoins.
In fact, I read the other comments and many people suggested the same thing. I think you could have made more money that way.
But then again, it's your choice.

Not sure if you are being FOMO that causes you to sell your laptop, well, I don't blame you since Bitcoin keeps increasing its value. You have replied that you have sold the laptop as the one you are using in college, it might affect your studies as you would only have a cellphone for any online stuff you would have to do unless your school has a computer for students. I'm not disagreeing with your idea but I'm even supporting you with your decision, just have a plan and target price to exit cause with that amount you could already profit for months or years of holding. Good luck with your journey with Bitcoin as well as with your study!

OP, I don't have any reason to doubt you because it is your laptop and you have every right to do whatever that you want with your property. Also you said that you have a Samsung laptop which you are currently using, it means that the one you sold is not that useful to you, and I will say that it is a good idea. I hope that you will not sell your bitcoin investment in a rush if there is a little dip below your entry point. The last thing that I have to say is that you should use the money that you kept in the bank to buy bitcoin weekly or monthly in different time, that is if you don't need the money at all because the bank will not give you any profit for keeping your money lying idle there and fiat depreciates. This is why you should buy bitcoin with it by sharing them into equal parts and buy using DCA.

You're not regret because it just few days after you sold your computer, it's not even reach a month or a year where the Bitcoin price might fall 50% of your initial capital. So let's see what the next thread you will create when Bitcoin price move opposite of your expectation.

I think he need to create a dedicated self moderated thread about his journey with Bitcoin instead of creating one by one.

I don't invest in bitcoin to get rich overnight. Why judge a person at your disposal?
You joined the forum in 2015. I envy you. You could have bought Bitcoin at a very cheap price. But I was an elementary school student at the time and didn't know about Bitcoin. Now I know Bitcoin. I'm still a student and don't have much money, but I wanted to invest in Bitcoin. Don't be so sarcastic at me like that.

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I'm a 19-year-old student studying in college and I don't make a lot of money yet. I'm saving Bitcoin with the little money I have because at least for me, bitcoin is  very good investment. I'm not even trying to get rich overnight with Bitcoin. You might sit down and think about getting rich with a little bit of bitcoin, but I don't think about that. I'm quite busy preparing for exams. Well, your advice doesn't mean anything to me, because I don't look at Bitcoin that way.

We often leave expensive electronic devices at home unused. You made a right decision to invest in BTC instead of leaving such valuables at home. I think you have decided to buy Bitcoin at the right time. And in a few months Bitcoin halving is supposed to happen and the price of Bitcoin can go up a lot. So I would say invest more if you can and hold it for longer. I hope your investment will be successful in future.

OP this is something not many people will tell you on here, you can't get rich selling your computer for Bitcoin, its the harsh truth mate, you need to invest a lot of money either through income or constant DCA, reading your post it looks like you are making less money or you are not even working yet, people like you won't have a big change for them even if Bitcoin hits 100,000.

You still have time right now, don't expect to sit on that thinny BTC and expect it to turn into millions, its never going to happen, start buying more right now to increase your chance of making more money, even those who are investing $100 monthly are not planning to make a lot, its all in the amount.

Even with $10,000 in Bitcoin you still won't make a lot, maybe $50k or in that range and that's it, so if you aren't making a lot of money you should have keep your computer and use that to learn a way to make some income online, its possible, but its your choice.

Since you said your in college and you have a spare Samsung laptop good for you. well congratulations on your first purchase of Bitcoin. maybe that's the best decision you could think of right now to be part of Bitcoin imo it still a good one.

I just hope your making the right choice not to regret any action towards Bitcoin investment. now you have a seed planted it will be very good of you to water it regularly via DCA, As a college student your keep up money can serve as your water to increase you stash.

At the end nobody gives a fuck about whatever you do but don't fuck yourself trying to impress the forum on your purchase buddy.

Yeah your not wrong either but he said his a college student and at that can only DCA if his receiving a regular income to DCA on a weekly or monthly basis.

I’m happy for you OP. One of the things that makes me happy about this is that you took your time to think it through and didn’t just jump it carelessly. This is what I call calculated risk. You had to consider what you were going to lose vs what you will get. And it’s obvious that you see the potential in Bitcoin. Also, it is smart that you didn’t invest everything but have some in your bank. This is realistic because you’ll definitely have needs and wants and you wouldn’t want to touch your investment. Best of luck!

If the laptop wasn't useful to you then you made the right decision and all you have to do now is to hodl and not panic sell when the market is experiencing a correction. Many people have sold their property in the past, some regretted but others had a successful end result for using the money they made from the sold property to invest in Bitcoin. It's also a good thing that you still have some money left and you kept them in fiats with the banks.

That'll be the money for your expenses and it'll make you not to sell your Bitcoin when you need cash. Secure your Bitcoin in a hardware wallet and hodl for after the bull run as we expect the price of Bitcoin to reach a new milestone that would be a new ATH. If you don't have a job then go look for one as you can't keep selling your property to raise fund for your investments, get a good paying jobor multiple hob when you can't find one good paying one.

They can be jobs on the net or those offline and use that job to raise capital for your next investment or DCA more into Bitcoin so you can own more quality of Bitcoin. You have a decent number already but when you see the profits from the Bitcoin you own, you'll want to buy more and if you're careful, you might sell everything you have just to fulfil that desire that's why I'm recommending you get a job if you don't have one to serve as a means of you getting money for your investments and other expenses.

The decision is right, but hope you wouldn't just leave the coin dormant in your wallet without thinking to add more or trade with it.
One of the first lessons is to not use money you don't want to loose when it comes to trading, it also applies to your who have been brave enough to take the first step in acquiring BTC assets.

You testimony of interest and action will help others take same bolder steps to secure their own investment in cryptocurrency.

I don't know why you choose to sell your laptop to invest in Bitcoin, but the question is do you have other gadget, if you have they is fine, because it will definitely pay later for longtime investment.

For the remaining money, I think is best to focus DCA to invest more rather than saving it in the bank. Thos will help you add value to your portfolio, note money save in the bank is not a portfolio rather a liability either to the bank or you.

What you did is not wrong since you are okay with it and invested part of the money into bitcoin. What is wrong to do is living an uncomfortable lifestyle because you’ve invested all of your money into bitcoin, some cases are manageable but if it not, it would be better not to do that. Well, congratulations on your bitcoin purchase, you should try and hold it for a long term (till bull run), so that you can make a lot of profit from the sale of it by that time.

0.006BTC at least with the current price of $42,000 we can figured out to say is about $252 if I am not mistaking and how do you intend to keep some percentage in bank knowing too well it doesn't yield any profits to you instead why not put all in bitcoin investment. Again how do you plan to live without another device to replace your computer because at some point you needs computer or smartphone to be able to access your wallets.

Usually I won't encourage anyone to save money in bank why because it's value always depreciate at some point you would be charged for keeping your money in bank why not just leave all in BTC. As few already suggested do you mind sharing some photos of your sold computer?