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Topic: Sale my old bike and buy bitcoin, what do you think? - page 3. (Read 1469 times)

full member
Activity: 686
Merit: 101
Is there a right time to get bitcoin? I don't think it's the right time. It makes more sense in my opinion to make continuous purchases in small quantity. Because lowering the average price means a better investment.
full member
Activity: 413
Merit: 105
         

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 it was a good decision because the market price was down and it is a good opportunity to invest. But nobody can tell since the market price of bitcoin was so volatile the market price could easily go down in just a small time so we don't really know if the market price of bitcoin will pump or dump so I think it is just a matter of luck in investing but still it is not a bad decision ether.
sr. member
Activity: 728
Merit: 252
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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.

good with beginning, sell your bike for buy bitcoin is bravery and the righ choice. stay hold your bitcoin untill next year and i am believe that you get more profit from that. when someday bitcoin going dropped don't be dissappointed and don't to be panic then sell it, bitcoin has fluctuation price so when bitcoin price dropped stay hold untill increase price and you get profit
sr. member
Activity: 1638
Merit: 425
Cashback 15%
         

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 it was a good idea since the bitcoin market price was in the low side playing in 7000$ in the market I think it is a slightly good opportunity to invest in bitcoin or buy bitcoin so that when the market recover next year it will be a good amount of profit. Also investing in cryptocurrency or bitcoin was already a big risk for a lot of people since it was digital cash or a digital transaction. I think it was safer to just invest your money in a passive income since it was a good start for a small business or even a small apartment that could give you more of sure cash than investing in cryptocurrency.
It could also be a bad idea we don't really know if bitcoin market price could increase its market price in just a small amount of time, we know that the market place has a lot of delays and it could increase could not increase its price next year but in 2022 which is not worth it if you are going to consider the time you put it in investment.
sr. member
Activity: 1033
Merit: 250
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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.

He just sold his Bike, which I think is fine as it can depreciate in value over time or worst will just get rotten in your house, so better to invest it rather than selling your house or any good properties, at least you can still have another bike once you work hard, but once the Bitcoin's value get's high, then it will be a big opportunity that we will missed again.

it is also a good idea because it sells goods whose prices continue to decline and are also unused to be diverted to other places. as long as he can handle the funds and also has the right decision so he may do that, the most important thing is not to make mistakes if he has made a sale.
sr. member
Activity: 686
Merit: 257
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.

He just sold his Bike, which I think is fine as it can depreciate in value over time or worst will just get rotten in your house, so better to invest it rather than selling your house or any good properties, at least you can still have another bike once you work hard, but once the Bitcoin's value get's high, then it will be a big opportunity that we will missed again.
full member
Activity: 854
Merit: 140
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.
hero member
Activity: 812
Merit: 512
No one knows whether 2020 will be a favorable year for the market or will be a difficult year like 2018 and 2019. But if you've sold your car and invested in BTC then I think it's a pretty reasonable decision. Your car will lose value in the next few years, but BTC will not. In the next few years, the price of BTC may be many times better than it is now and you will have a lot of profit if you invest now. Alternatively, you can choose altcoin and hold, if you're lucky you can buy a car in the next few years
sr. member
Activity: 1935
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.

I think that is the best decision. It seems you have acknowledge the existence of Bitcoin. If it is me I would also sell it to purchase Bitcoin. Bitcoin is very promising coins that is enough of getting a high return. HODL might be good option because the amount of a bike is not enough to use it in trade especially on investment because it requires a high amount of funds. However, I not sure if the bull market will come this year 2020 so just hold it until the right time comes.
Like will see upcoming year 2020 everyone have in excited movement because their tried for the bad market situation almost long time over. Especially everyone holders want do something profits chance so i hope the upcoming years will never forget our Goals.
sr. member
Activity: 966
Merit: 274
I'd rather consider two case scenario which could be a win-win situation, first is because you have sold your bike, you should think if that bike is an asset for you, for example, you are using that bike to save your transportation fee or maybe using that bike for business purposes. If that is the case, it is not worth it to sell it even to buy bitcoin in exchange. But if that bike is unnecessary for you, try to think that bitcoin is an investment platform where risk is always there. In that regard, you are willing to take the risk and will not regret your decision upon selling your bike so it is a good decision in that part.
full member
Activity: 2016
Merit: 156
Basically you decision to me look as the best decision one can take to move forward in life. Haven the old bike till now has not brought you a good profits but sold for Bitcoin to be keep for a long term matters. Looking at the market generally, you can easily double up your investment before the 2quarter of 2020, so, cheer up pals and wait for the bullish thread.
sr. member
Activity: 1935
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.


The discussion has been progressed long and I surprise why it didn't catch my attention so far! I have an wonderful story to tell you,

https://www.zeebiz.com/personal-finance/news-how-to-become-a-crorepati-bought-royal-enfield-bullet-price-in-2001-you-missed-chance-to-mint-rs-55-crore-111642

Read on and let me know your feedback! I hope something of that sort happens to all of us!
This is very impressed article you have to share me, firstly thanks. basically i am not available successful man in the cryptocurrency market so now i can do something. This is real think i am a little investor but i don't get enough profits and now already i take hold bitcoin with long time so i hope this will more chance to get profits.
full member
Activity: 1028
Merit: 144
Diamond Hands 💎HODL
         

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 don't think it was a bad decision or a good decision ether I think it depend on the market I think the market price you invested was not a bad price in the market since you invested in 7k$ in the market I think it was already a good decision since the bitcoin price chart was in the 12k$ in the past month so I think in 2020 the bitcoin market price could quickly recover and surely it could give you profit.
member
Activity: 1204
Merit: 11
All things are balanced here you have used your bike two years and then sold it and bought Bitcoin at that time which can be a decent time to buy Bitcoin so in my opinion you picked right step hopefully your investment will give you good result in 2020.
hero member
Activity: 1484
Merit: 516
I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.

Good your work really beautiful movement i keep Bitcoin with long time planing, we know bitcoin on of the best currency so price will jump at any time. Basically i am a bitcoin lover with my first crypto life so i can expect profit.

If you have a strong belief in investing in this field, then what you have done is certainly the right decision because you believe in the growth of bitcoin in the future. many people are willing to sell their valuables to buy bitcoin and can be used as a long-term investment.
legendary
Activity: 3080
Merit: 1500
         

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.


The discussion has been progressed long and I surprise why it didn't catch my attention so far! I have an wonderful story to tell you,

https://www.zeebiz.com/personal-finance/news-how-to-become-a-crorepati-bought-royal-enfield-bullet-price-in-2001-you-missed-chance-to-mint-rs-55-crore-111642

Read on and let me know your feedback! I hope something of that sort happens to all of us!
sr. member
Activity: 1935
Merit: 290
I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.

Good your work really beautiful movement i keep Bitcoin with long time planing, we know bitcoin on of the best currency so price will jump at any time. Basically i am a bitcoin lover with my first crypto life so i can expect profit.
newbie
Activity: 29
Merit: 1
I can't say if you were right but I'm sure I'd do that way! I beileve in btc's sunrise and in income from it.
jr. member
Activity: 40
Merit: 10
The market is too volatile and even an expert can't say was your decision right or not. On the other hand, you contributed to crypto community and become one of us, risky guys who hold btc Smiley Hopefully we all get our profit from this someday.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.
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