I think it's better to think about decisions prior to taking it. Since you have bought bitcoin it's better to stick with your decision.
Nobody can tell you what crypto market will be in 2020, just stay easy and HODL.
There is not much risk involved in current price of Bitcoin as it will surely go up from here. Now it's up to you how long you can wait.
Topic: Sale my old bike and buy bitcoin, what do you think? - page 5. (Read 1473 times)
If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.
the most important thing is he believes in his ability if he does it because of making sacrifices for something that might have a high enough risk. the most important thing is he can also understand the concept when investing or trading, the goal is to make his decisions more responsible As long as the items you sell are not important needs in life, no problem.
If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.
As long as the items you sell are not important needs in life, no problem.
An old bike? seriously? put some more effort dude!
a kidney could worth up to 1 million dollar, pull off that kidney from your body and convert it to bitcoins, that is what i called as a real effort haha you can get up to 130 bitcoin with a single kidney sold to the needy.
Where can it be, so I can do it right away. LOL. In our country, a kidney will only worth $5-10k USD if converted to USD. a kidney could worth up to 1 million dollar, pull off that kidney from your body and convert it to bitcoins, that is what i called as a real effort haha you can get up to 130 bitcoin with a single kidney sold to the needy.
on a serious note , taking risk by selling stuff -a non necessary- stuff that is better choice rather than letting your stuff stay there losing value , you can switch it of to a productive , progressive one like bitcoin investment.
there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
It's true, it would be better to have an investment where you can see it grow than an asset that is decreasing its value over time. Though a bike is an asset where you can use anytime as a mean of transportation. there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
just walk around hospital in europe and ask them that you are going to sell some organs in cheap price , they will give you a warm welcome and maybe a bottle of wine talking the proccess in the glamour candle light dinner as if it was your last day in earth haha
seriously if you are crazy enough to sell organs do it convert to bitcoin wait for the price to go up and buy back the organ you have sold .
of course this is not an advice at all , ridiculous to sell an important thing in your life for the sake of money, health come first.
DON'T do SELLING your ORGANS ok?
You cannot laugh at investments like these, in the past we saw some investors selling their house and going full on bitcoin a few years back and everyone laughed at them and he made a fortune by the way he took risk and invested in bitcoin when the price was really low, right now the price is not that low to sell my car or a house and go full in and i am not interested to take that kind of risk but if people are willing so be it and we might see these investments as high risk now but who knows what the price would be ten years later.
NO idont.i appreciate what he has done by taking that risk. this is always about risk. go allin or die wondering .
I think it's okay to sell our valuables to invest in bitcoin. the important thing before investing bitcoin we have done research and observe the movement of the bitcoin market seriously. and if you believe bitcoin will pump up, the decision to sell bicycles for bitcoin is the right decision. the mistake that often happens is that people are only interested in the rise of bitcoin without their research and observations selling their valuables to bitcoin but it turns out that bitcoin dumps and makes them lose a lot.
Actually what is going in your fate only GOD knows. 2020 may be golden time for BTC or may be not. Market is very flactuating still now though there is no bad news anywhere. So how i can say to you that your investment is good? But hope you will be lucky person in year 2020. best of luck.
That might be good decission or could be change became an bad decission but how long do you plan to hold your bitcoin because for short term seems that isn't good idea and the price still not good to sold bitcoin but for long term which more than a year i think you had just made good decission however your old bike seems pretty expensive for me and if i have a bike i wouldn't thinking twice to sold if someone offering $1400 to me
If you don't actually use your old bike it's good choice to sell that, Because that would only ruined, especially if it wasn't used often.
yups and it is an advantage because he use the money to buy Bitcoin in which will bring him huge profit in future not like the old bike will become rusty and broken in future.But the idea of selling your old bike in exchange for bitcoin I disagree, especially since we do not know what the future price will be and it is at risk of loss that you have to accept because it is your decision.
do you really here for crypto or just for Bounty?look how you response in thread like this?thatw as an old bike that i supposed wasnt use now so instead of letting it lose totally he has made a right decision of selling in invest for crypto and here you are discouraging his action?you know what?thats why we dont need people like you here because you only brings bad effect in crypto community. 
Bitcoin is a logical investment. However, the price may fall very low. You should prepare yourself for the psychology that's gonna lift this. It's also about how much you want to earn. When the Bitcoin price starts to go up, you need to make a sale.
If you value your old bike and you use the funds from selling it to your Bitcoin investment taking the risk might help you to survive the unpredictable market. Your money your direction to take. Don't lean to any opinions or speculations make sure to deal with your understanding to keep moving forward to this ventures that you take. 
I love cycling too. And I did the opposite of what you did. I had my old bike repaired with the capital I could buy bitcoin. Now you can not ride the bike has cooled. I can't buy bear Bitcoin market: D I'm waiting for the bull. as everyone expects.
It is not a matter of right or wrong, if you have considered it well, and understand the risks, then that is not a problem. You just need to be mentally prepared, we know that bitcoin has high volatility so that how big is the opportunity to go up then that is also the chance to go down.
Bitcoin is a logical investment. However, the price may fall very low. You should prepare yourself for the psychology that's gonna lift this. It's also about how much you want to earn. When the Bitcoin price starts to go up, you need to make a sale.
It is your decision, if it gives profit or loss you're gonna experience it. This way we can just express our views on your decision. First of all good to see making the decision to sell and buy bitcoin yourself without getting any advice. As the market is very low it is time to accumulate than spending. Also, there is big expectation on the growth for the year 2020 based on different events associated with cryptocurrency network.
Hope you'll experience a bigger and better profit out of buying bitcoin as you're with plans of holding with patience for long term.
Hope you'll experience a bigger and better profit out of buying bitcoin as you're with plans of holding with patience for long term.
I think it is a good idea and wise investment, but you forgetting the point that bitcoin is after all a currency. So are you supporting the currency or just a fiat slave trying to squeeze out as much fiat from bitcoin as possible?
It seems to me that during a bear market everyone can and should buy Bitcoin. I think the sale of an old bike will pay off over time
No one can predict the future. So the decision is up to each person. But if you have chosen to sell bike and invest in BTC, I think you will never lose in the future. In the long run, the price of BTC will surely increase
Bike also one of the investment for some peoples, so they don't want bike in regular days surely we can sell and buy some Bitcoin. But current situation we should hold for few more months because sudden drop was loose the further hope so we must wait and see the next bull on 2020.In my suggestion is buy low and sell high is the perfect way for trading platform.
taking risk by selling stuff -a non necessary- stuff that is better choice rather than letting your stuff stay there losing value , you can switch it of to a productive , progressive one like bitcoin investment.
there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
You cannot laugh at investments like these, in the past we saw some investors selling their house and going full on bitcoin a few years back and everyone laughed at them and he made a fortune by the way he took risk and invested in bitcoin when the price was really low, right now the price is not that low to sell my car or a house and go full in and i am not interested to take that kind of risk but if people are willing so be it and we might see these investments as high risk now but who knows what the price would be ten years later. there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
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.
Why not? This is much better than you spent the money on some kind of meaningless thing or pastime. Bitcoin is a very promising asset and thanks to this you can get more
I would say you did the right thing because holding your bike even longer won't appreciate in value but selling it and buying btc to hold long term will definitely appreciate in value long term, i hope you understand how the market works, price can go up or down, you should always keep this mind and not panic sell. Good luck.
Following my experience, you have made a good decision for the future purpose, though Bike is an important vehicle for us when it's not using in your daily life then investment in another potential platform like Bitcoin is a good decision, I hope you will avail a car when the Bitcoin price will rise, not only that but also you can trade at a short term basis if you can, I think trading is the best way to make money within a short time, but Bitcoin holding is the safest way to gain money, but day by day Bitcoin price is making me confused what's is going and which thing could happen in the coming days, I am hopeful that Bitcoin will bring the good time very soon.
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