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Topic: Sale my old bike and buy bitcoin, what do you think? - page 11. (Read 1531 times)

sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
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.
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.    
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
Nobody can tell you exactly where we would go. It might rise or Bitcoin might get another $3k, who knows. That being said, investment is never guaranteed, you should always prepare for the loss. Did you put all the money on your investment? I hope you didn't do that. Better save some for other investments so you can diversify your portfolio.

There is no wrong or right decision (at least we don't know it now yet). Don't be overly optimistic or pessimistic, just follow the market and you should do fine.
Sometimes it depends on how you handle your own investment and how you make your choices, just use your knowledge and patience to be successful because investing is risky specially when you have used all of your funds. You may experience losing some money but it usually happens and it will be your choice if you are willing to take that risk again to earn profit. It's not bad to take the opportunity to invest because everything will be worth it if you are wise at making decisions. Also, don't expect too much and don't make yourself believe in those price prediction because it can influence your decision making.

If you're good in handling your investment then there's no problem for you. Bitcoin is a risky currency to regulate because it is digital, while fiat is easy to control. But it still depends on you because you're the one that will manage your investment, not the other people.

But you can depend on their experience and strategies. Just additional information for you to apply it to your investment. You're lucky to have an opportunity to earn bitcoin and to manage it for your own sake. Just don't rely on the chart, use your critical thinking skills before you do some transactions.
sr. member
Activity: 625
Merit: 258
Every days are good profits if you know how to trade properly and grab some greens between price fluctuations.

I also do not understand what that picture shows, was the value from your bike, or the current one?
Is it a profit achieved after you sold your bike? How much did it cost?

Based on that i can understand a bit more how much profit u gotten.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
         

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.


Nobody can exactly say what will happen in 2020 in advance. BTC price may rise or fall but holding BTC is only real in crypto world. But your decision to hold BTC by selling old bike isn't right fully. Partially it is right because old bike will depreciate everyday, hence investment may give you profit. This is not certain that you will get profits. Last year, i have found this type of topic where a person sold his house and bought BTC. He is now in huge losses. I think saving can be invested in crypto but not selling any assets like house, car, bike etc.
But what happen to what you share in some dude selling his house is not the same or won't happen to OP since he bought btc using only the money he got from selling his bike, or simply coming from his old stuff and it's not included all his assets unlike the guy you mentioned. For me it is a good choice aside from the amount, also because of the timing. If OP will buy btc a year before today, then he will probably have more losses than he earns, however, it is expected that the time where crypto will increase again might come next year, though there is no possibility for it to happen, still, it is possible.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
Nobody can tell you exactly where we would go. It might rise or Bitcoin might get another $3k, who knows. That being said, investment is never guaranteed, you should always prepare for the loss. Did you put all the money on your investment? I hope you didn't do that. Better save some for other investments so you can diversify your portfolio.

There is no wrong or right decision (at least we don't know it now yet). Don't be overly optimistic or pessimistic, just follow the market and you should do fine.
Sometimes it depends on how you handle your own investment and how you make your choices, just use your knowledge and patience to be successful because investing is risky specially when you have used all of your funds. You may experience losing some money but it usually happens and it will be your choice if you are willing to take that risk again to earn profit. It's not bad to take the opportunity to invest because everything will be worth it if you are wise at making decisions. Also, don't expect too much and don't make yourself believe in those price prediction because it can influence your decision making.
full member
Activity: 1099
Merit: 116
         

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.


Nobody can exactly say what will happen in 2020 in advance. BTC price may rise or fall but holding BTC is only real in crypto world. But your decision to hold BTC by selling old bike isn't right fully. Partially it is right because old bike will depreciate everyday, hence investment may give you profit. This is not certain that you will get profits. Last year, i have found this type of topic where a person sold his house and bought BTC. He is now in huge losses. I think saving can be invested in crypto but not selling any assets like house, car, bike etc.
legendary
Activity: 2170
Merit: 1789
Nobody can tell you exactly where we would go. It might rise or Bitcoin might get another $3k, who knows. That being said, investment is never guaranteed, you should always prepare for the loss. Did you put all the money on your investment? I hope you didn't do that. Better save some for other investments so you can diversify your portfolio.

There is no wrong or right decision (at least we don't know it now yet). Don't be overly optimistic or pessimistic, just follow the market and you should do fine.
sr. member
Activity: 1936
Merit: 290
          

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.
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