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Topic: Sale my old bike and buy bitcoin, what do you think? - page 2. (Read 1531 times)

full member
Activity: 756
Merit: 105
in my opinion, that is the right decision, if you are able to be patient longer, then it will be more profitable, I think it's easy, if you are willing to sell old bikes because you have such intentions, I'm sure you will be able to be patient ..! !
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
snip..
trust me, you make the best decision.. someday surely Bitcoin will be very expensive even exceeding $ 20k, but we don't know when (it could happen in 2020, 2021 or 2030).  HODL is the right choice when you are not a reliable trader.
Holding will surely get you good profit, but for the same we need the patience as well the financial stability to keep hold of the bitcoin. In most of the cases, people with more hope keep on holding but their financial need make them to cash it out. This way even with the process of holding the benefiting people were the rich ones. Very few common men get to be lucky to profit investing on low price altcoins and holding for years.
legendary
Activity: 1610
Merit: 1003
its good, if you are not really need your bike. if your bike just full your room, or whatever it is. selling some unnedeed stuff than buy something which people think important and can make them take a profit is good. just be more patient, bitcoin have bad day and we dont know when is the good day come
full member
Activity: 1414
Merit: 228
Omicron is another FUD
snip..
trust me, you make the best decision.. someday surely Bitcoin will be very expensive even exceeding $ 20k, but we don't know when (it could happen in 2020, 2021 or 2030).  HODL is the right choice when you are not a reliable trader.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
It is really a good decision because investing on motor parts or computer parts are not a wise idea to keep your fund but investors in cryptocurrency field knows that and invest some fund in BTC and some in stable coins.
Believe in BTC and hodl it for long term to enjoy the profit.
jr. member
Activity: 175
Merit: 1
I believe that Bitcoin will rise in 2020 and many experts say the same. This could be a good idea, but you cannot be completely sure about that. Check out for example what Coindeal's COO Alex and Jason King say about current situation on the market:https://www.youtube.com/watch?v=RFUsZq3xdBI
sr. member
Activity: 1036
Merit: 275
First and foremost, it is a good idea to buy bitcoin at its current market price but the only problem will be that you might not really understand how bitcoin investment works. First, you should understand that investing in bitcoin is not a get rich quick investment avenue. Its just like a normal investment but with bitcoin, the risk of its price decreasing and you losing your money is very high. Once you understand this, you can join the bitcoin investment train.
hero member
Activity: 1540
Merit: 508
Sell everything what do you have and cry later when bitcoin or assets do you buy have lower price, why take big risk for selling your old bike or some one want to sell their house to invest with bitcoin, never heard when many investor said you can get much profit with bitcoin during one month and you want sell your house.
Thing is not such serious, it like a fortune for your future, if you lost it, you lost an old bike, otherwise you might get a car back Cheesy
member
Activity: 686
Merit: 35
Your main question over here was "was your decision right or wrong" to sell your belongings to buy bitcoins. Well does it really matter now? Like you have already sold your old bike for bitcoin. This mean you have already taken a decision. Now, asking your self if it was right or wrong does not matter anymore as you can undo what you just did. All you can do is just buy another bike for yourself but then again, why would you be spending more money to get what you already sold? Don't regret what you did.

Don't regret what you did is the best advice ever. I think you are doing right if you are making a decision on your own

bike is already old according the OP, so i don't there is anything to regret rather he should be proud of making such important choice, if am also face with such choice, i think will also do what the op has done, imagine in 2 years to come what that invest will amount to.
jr. member
Activity: 65
Merit: 1
Your main question over here was "was your decision right or wrong" to sell your belongings to buy bitcoins. Well does it really matter now? Like you have already sold your old bike for bitcoin. This mean you have already taken a decision. Now, asking your self if it was right or wrong does not matter anymore as you can undo what you just did. All you can do is just buy another bike for yourself but then again, why would you be spending more money to get what you already sold? Don't regret what you did.

Don't regret what you did is the best advice ever. I think you are doing right if you are making a decision on your own
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Your main question over here was "was your decision right or wrong" to sell your belongings to buy bitcoins. Well does it really matter now? Like you have already sold your old bike for bitcoin. This mean you have already taken a decision. Now, asking your self if it was right or wrong does not matter anymore as you can undo what you just did. All you can do is just buy another bike for yourself but then again, why would you be spending more money to get what you already sold? Don't regret what you did.
legendary
Activity: 1834
Merit: 1036
How about posting your Bike in the marketplace here and ask for Bitcoin as payment directly, that way you don't need to convert your fiat that will be paid to you for your Bike. Another thought is if you have a buyer already for your used Bike, go ahead and sell it as long as someone is still interested to take that off your hands at a decent price sell it. Don't wait for the time when it will be hard for you to sell your bike because its old and outdated.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
That has become your personal choice so it's useless when someone advises you for a day trading or whatever because you have chosen the best way for yourself and that decision I am sure will be fine anyway, because in reality it is an old bike you sell because there are still crazier than that, like selling his lover's car, selling a house, etc. So as long as you are confident of the decision to hold long-term then just keep going and have to stay consistent.
legendary
Activity: 2114
Merit: 1023
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Well, the value of your bike would most probably depreciate over time unless it's some vintage item, but if it's just a second-hand bike without much value, then it's best that you sold it for an asset that most probably over the next few years will yield you some ample profit. At the end of the day, you need to be confident in the investment decisions you make, even if they turn out to be the wrong ones. Try always to follow your intuition as it most likely is the right choice for you at the time. I would never just go by what others are doing, I will always make up my own mind. If you feel happy to have sold your old bike for Bitcoin, then that is the right decision you have made for yourself. I wish you good luck and hope that your Bitcoin bag will grow over time and bring you good fortune.
full member
Activity: 1372
Merit: 133
On the one hand, according to many forecasts, it can be concluded that Bitcoin no longer intends to fall in price, and that next year may become really significant and we will see another bullish run on the cryptocurrency market.  Of course, it is a very good idea to take old things and sell them so that the proceeds are invested in bitcoin.  This decision is right, because the risks of cryptocurrency investments do not burden your home budget, and on the other hand, investing in Bitcoin in the future can make you a truly rich person.
member
Activity: 252
Merit: 40
         

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.


It's all right, you have the perspective and the mind of a businessman, but time will show your patience.
You have to be one step ahead if you are planning to make a profit.
I think at the right time you made that change from bicycle to bitcoin, but it is up to you how much profit you will take.
All in all, you don't even need to be an expert to be a great trader, just the mind of a businessman.
sr. member
Activity: 445
Merit: 250
The upcoming 2020 will give positive emotions, and even more so from trading on the Yobit exchange. I expect a bullish trend after the holidays and on New Year's holidays.
I think that we should not wait for the market to grow in winter, but in 2020 the market should begin to grow strongly, approximately in spring and summer.
legendary
Activity: 2030
Merit: 1569
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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.


If you go long term you made the right choice. If you were expecting a quick return, you might get disappointed and even get desperate and then incur in loses by selling before you recover (which is the problem many have, lack of discipline).

In the future, that money will probably allow you to buy an electric bike, they have started to pour out along electric vehicles. I don't know if Tesla will ever get into that, but some Asian manufacturers already have, and one Italian if i recall correctly...

So you did prepare for the future. I hope you are familiar with the process of creating and using cold wallets, as for long term savings, a piece of paper with handwritten words are your best way to protect that investment.
member
Activity: 434
Merit: 19
You will be fine definitely you don't have to be worried because bitcoin is the best coin you can invest the money on and now that 2020 is few days away be expecting good profit before the year runs out
jr. member
Activity: 154
Merit: 1
The upcoming 2020 will give positive emotions, and even more so from trading on the Yobit exchange. I expect a bullish trend after the holidays and on New Year's holidays.
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