Topic: Sale my old bike and buy bitcoin, what do you think? - page 10. (Read 1473 times)
You already made a decision mate and you have to be responsible on that. No matter what the result is, you have to stand proud for all your decision. Honestly, if you buy bitcoin at a more cheaper price then nothing to worry about, you don’t need to become pro in trading you can just hold and wait for the bull and see your money grow. Your buy is too expensive for me, well at least you still have the chance to earn with bitcoin and buy more bikes in the future.
I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.
I think you did the right thing to sold your bike and buy bitcoin. The next thing is you can hold your bitcoin or trade the bitcoin to make a profit in bitcoin or fiat. But if you cannot trade with good, you can hold your bitcoin in the wallet until the price is up. But there is no guarantee to know when the price will increase. If you are not panic and you can stay calm when the price down, you don't have to worry about the volatility of the price.
One way to think about this,
The value of your bike will almost for sure go down,
The value of Bitcoin might go up or go down,
If your goal is to increase the value of your assets, you should probably go for Bitcoin,
If the bike creates more value for you now (take you to work, etc), you should keep the bike
The value of your bike will almost for sure go down,
The value of Bitcoin might go up or go down,
If your goal is to increase the value of your assets, you should probably go for Bitcoin,
If the bike creates more value for you now (take you to work, etc), you should keep the bike
Well, I remember that a few years ago I read news from Netherlands.
One family sold their house and invested all money in bitcoin.
They decided to live in the car until btc value increase enough so that they can sell with big profit.
So, compared with this example, it's no so big deal to sell old bike and invest in btc.
If you make profit you will be happy and if not you lost only old bike, not whole house 😁
Personally, if you don't need bike than I think you made good decision.
This investment have potential to change your life.
One family sold their house and invested all money in bitcoin.
They decided to live in the car until btc value increase enough so that they can sell with big profit.
So, compared with this example, it's no so big deal to sell old bike and invest in btc.
If you make profit you will be happy and if not you lost only old bike, not whole house 😁
Personally, if you don't need bike than I think you made good decision.
This investment have potential to change your life.
I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.
You just need to make sure to prepare to hold BTC longer if it does not meet expectations by 2020, and I think the price will not be worse than the current price. My colleague has even sold his shop just to make sure to buy bitcoin if btc touches $ 5,000, he currently only plays futures and monitors price developments, your decision is correct even though there is no valid guarantee, I think the big holders even speculate more than that. Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.
snip-
I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
Actually, no one will give an exact answer here but we are on the same feeling that Bitcoin will go up next year. As long as you can patiently wait, it will possibly worth it and get profit by the next year 2020. Especially the next block having on bitcoin will come (it's 153 days left and we're almost there) and this is the most awaited event that might bring bitcoin pump the price. If you are going to ask me, yes, your decision was right if you didn't worried about your bike being sold since you are willing to wait when your profit will come.I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
To be honest with you, this is the right time to accumulate bitcoin while the price of the market is quite cheap. Something you are risking your bike to make a profit and I think that is worth it when the right time will come. I pretty assured that holding the long term will mostly be the most profited.
Selling your bike and buying bitcoin can't really guarantee you to earn some profit on a short time span but there are chances to earn some profit in a couple of years, of course, I am predicting that you ain't limiting your life by selling your bike just to buy bitcoin. If your bike is a necessity to your life I think its a half bad decision because you need it for your daily life. It's hard to throw away some necessity to just invest on unsure things even though there's a high chance of getting profit on a later date.
I can guarantee you will get much profit if keep investing with bitcoin because not one can't prediction with bitcoin price at the future, but I keep invest with bitcoin because have chance to get much profit with bitcoin than investing with other way, you can sell your old bike and use for investing with bitcoin or altcoin and get much profit with your investing, I think always have chance to get profit with your investment.
Many aren't expert in trading here and chose to hold until they see the price goes up. Basically what you did is correct IMO as long as you don't need that bike anymore and it's just consuming space on your house then it's good for selling.
But if you were forced to do that and your precious bike was the sacrifice, it would be your conscience. About giving you good profits, we don't know but the majority here is waiting for that bull run on 2020-2021.
But if you were forced to do that and your precious bike was the sacrifice, it would be your conscience. About giving you good profits, we don't know but the majority here is waiting for that bull run on 2020-2021.
As long as you don't sell your kidneys, I think it's only natural to buy bitcoin and hold it in your wallet, all decisions go back to yourself, so trust will bring you profit or loss, so relax if people make fun of you for buying bitcoin, I do the same thing with you also selling some unused items to buy bitcoin, so I think it's a normal decision in my opinion instead of having to look at a lot of piles of unused items in a warehouse house, so hold your BTC what will happen 1 or 2 next year come back to this thread and share your feelings about holding Bitcoin
My decision is wrong or right? The upcoming year 2020 give me good profits ??
Only time can eventually tell of your decision to sell that old bike and buying some Bitcoin can be wrong or right, can be profitable or not. Nonetheless, if you are planning to hold on to your Bitcoin for some months or even a year then I am advising that you stick to that plan and not change course along the way. First, you have to determine at what level of price you would be letting your Bitcoin go. Unlike the regular Bitcoin traders, holders really have to extend more patience and the best way to do it is just forget that you have some Bitcoin in the first place. Bitcoin holding is more like farming especially long-term crops. Patience and time are things we have to understand well. Anyway, good luck to all of us.
My decision is wrong or right? The upcoming year 2020 give me good profits ??
Only time can eventually tell of your decision to sell that old bike and buying some Bitcoin can be wrong or right, can be profitable or not. Nonetheless, if you are planning to hold on to your Bitcoin for some months or even a year then I am advising that you stick to that plan and not change course along the way. First, you have to determine at what level of price you would be letting your Bitcoin go. Unlike the regular Bitcoin traders, holders really have to extend more patience and the best way to do it is just forget that you have some Bitcoin in the first place. Bitcoin holding is more like farming especially long-term crops. Patience and time are things we have to understand well. Anyway, good luck to all of us.
This tends to be the basis of most people that enter the bitcoin world who aren't hugely informed on crypto's. They tend to sell something for Bitcoin, something they normally would have accepted straight cash for, and see their profit margin increase seamlessly. In your case, swapping it out your sold for cash bike for Bitcoin is adding another step in the process but for mainstream adoption, people doing P2P bitcoin transactions is the best usage for the crypto market.
It was a good decision because you sold an unused bicycle and bought bitcoin for the future. I think this is a good way of working for you.
I think your decision to buy bitcoin is right when prices are low and it is not impossible that bitcoin in 2020 will increase so there are big benefits for you, it's just that you have to be patient in holding bitcoin because if you still feel panicked when looking at the market then I think it's hard to get profit for you.
I think your decision to buy bitcoin is right when prices are low and it is not impossible that bitcoin in 2020 will increase so there are big benefits for you, it's just that you have to be patient in holding bitcoin because if you still feel panicked when looking at the market then I think it's hard to get profit for you.
In my opinion the decision taken is very appropriate, selling old bikes and buying bitcoin that's a good idea. Because your old bike
is maintained the price of the next few years will decrease, it's different if we buy bitcoin the price can go up if it is maintained for
several years in the future.With the provision of must be patient if you want to profit in bitcoin. It's likely that the price of bitcoin
rise to a peak in 2020, because of this there is a halving event. This might be your luck because you have only been able to enjoy a
few months of profit bitcoin if true after halving the price of bitcoin goes up.
is maintained the price of the next few years will decrease, it's different if we buy bitcoin the price can go up if it is maintained for
several years in the future.With the provision of must be patient if you want to profit in bitcoin. It's likely that the price of bitcoin
rise to a peak in 2020, because of this there is a halving event. This might be your luck because you have only been able to enjoy a
few months of profit bitcoin if true after halving the price of bitcoin goes up.
It's really your call, we can't tell if you made the right or wrong decision here.
But with your rank, I'm pretty sure that you know what you're doing here and know that risk involved. Basically we have the block halving coming in 2020, but don't expect the price to rally to new all time high. It will take months and months and I do hope that you are really prepare to HODL your bitcoin for long term.
But with your rank, I'm pretty sure that you know what you're doing here and know that risk involved. Basically we have the block halving coming in 2020, but don't expect the price to rally to new all time high. It will take months and months and I do hope that you are really prepare to HODL your bitcoin for long term.
If you think your bike is not useful right now then you did a good job.to make profit need patience and need to hold long time.Though you mentioned it.Maybe 2020 will be good year for crypto market but no one can guarantee.
Agreed to this, actually if there is no use for us, it is better to make use of it. If I am on the same situation, I will do the same since I am gonna be able to increase my investment which is I think is right.Note: Coinbase or others exchangers are not safe for holding crypto (for long time) you are using coinbase.Better to use electrum/bitcoin core.No key means no control no crypto. 99.99% risky.
Yes or better to use hardware wallet, but then again, if OP don't want to spend any money, then using electrum would be the best choice to hold bitcoin. 
If you are not expertise in trading field you need to learn some YouTube materials and other available in online then you can proceed the trading field to make the money.
Then as a newbie I will not suggest anyone to start their trading field because I personally know the people who lost their money day trading heavily.
Then as a newbie I will not suggest anyone to start their trading field because I personally know the people who lost their money day trading heavily.
1400 for bike was totally right decision
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