Your decision is far better than those who sell houses to buy bitcoin, because your risk is very small and if what you are planning is not what you want, you can buy it again because the price of the motor is not too expensive and you will be able to buy it again from other income.
but in my opinion there is a possibility that bitcoin will increase in 2020 and even if it's not too high at least you get a little profit and if on the contrary you can hold it and wait until the price of bitcoin goes up as you wish.
Topic: Sale my old bike and buy bitcoin, what do you think? - page 6. (Read 1531 times)
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.
HODL and wait. In any case, you will receive a profit in 2020. The question is different, how much more you will earn and how you will proceed. After all, having received from your sum, for example, 100% of the profit, you need to think about what to do next. Do it right now
Well, if the bike is old and you don't need it then it's good idea to sell it and invest that money further. But I suppose yuo will get very little but if you are investor-beginner then it's even better to start with smaller sum and low risk. And you will invest money that you don't actually need and don't count on it.
I guess there is not much to lose so go for it, try and see how you"ll get. Howe, get well informed before you buy Bitcoin to know exactly what are you doing.
I guess there is not much to lose so go for it, try and see how you"ll get. Howe, get well informed before you buy Bitcoin to know exactly what are you doing.
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.
But if you are using it daily to travel much more easier then it was a wrong one since you would have to pay now in order to get to some place.
But wish you all the best and good luck.
No one can assure you if you have made the right decision or not. You have a good amount of bitcoin and let's hope that you will have the patience to hold it for a long time. Take note that the market is highly volatile and do not be discouraged if the price drops. Just be patient and let that sold bike be worth it.
the biggest decision that must be held is him, but in my opinion it is better not to do it because there are still ways to get crypto for free, unless he has great ability so he may do that because he has the ability. but if he is a beginner it is better to find a free one first in order to have experience first 
No one can assure you if you have made the right decision or not. You have a good amount of bitcoin and let's hope that you will have the patience to hold it for a long time. Take note that the market is highly volatile and do not be discouraged if the price drops. Just be patient and let that sold bike be worth it.
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.
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.
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.
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.
investing in bitcoin right now is the right time, that's what I think. the potential of bitcoin to have a high price in the future is also very large and if you want to take a big risk, then I think you have made the right decision, it's just that you need to know the risk of that.
In fact, some people before you ever sold their homes, cars, and even their boyfriend's cars to invest in bitcoin. if you target prices after halving, then you have the same thoughts as me. I don't really know whether the price of bitcoin in 2020 will bring us to profit or not, but we all hope that it will, and its potential is the same as in 2017.
In fact, some people before you ever sold their homes, cars, and even their boyfriend's cars to invest in bitcoin. if you target prices after halving, then you have the same thoughts as me. I don't really know whether the price of bitcoin in 2020 will bring us to profit or not, but we all hope that it will, and its potential is the same as in 2017.
In fact a lot of people are getting rich because of this strategy, and now that bitcoin halving is approaching many speculations have come out and all of this has been positive for bitcoin prices.
But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.
He, sacrifice something for a long term benefit that we all believe. I think he did a good choice for selling his bike for buying bitcoin , bitcoin now is very low and in such time it will go up again. I hope that he will hodl that amount for long term investment so that he will buy bike again. But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.
In fact a lot of people are getting rich because of this strategy, and now that bitcoin halving is approaching many speculations have come out and all of this has been positive for bitcoin prices.
But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.
But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.
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
We can't prediction about bitcoin price at the future and better trust some one said with bitcoin price at the future because I have seen many wrong prediction before where talk bitcoin have higher price about $16K on last November. I keep trust with my self by looking situation with bitcoin and altcoin price still down and take opportunity to buy and sell bitcoin when have chance. 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.
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
It depends on what you value more and what you want to achieve in the future. No one can predict the exact value of Bitcoin or even its future in 2020 so no one can tell if you have made the right or wrong decision. We are advised to invest what we can afford to lose so the decision would also rely on you.
Can you afford to lose the old bike? If yes, then I think you made a fair decision. if no, then I think you made a wrong decision. People are adviced not to take such risk when investing.
I assume you already owned a new bike and can afford to risk the old one? yes? You made a good decision then
I assume you already owned a new bike and can afford to risk the old one? yes? You made a good decision then
Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
classic or new bike I think the value will not be too high, but if invested in bitcoin, we have the opportunity to get more money. especially now is the right time and it's not too late for investing in bitcoin especially 2020-2021 there is something big that will make the price of bitcoin rise higher. so don't miss this opportunity.
Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
maybe it takes a strong mentality to do that because to sacrifice an object that is owned to aim at investment in cypto I think is very brave. because in my opinion there is still a way to make a profit by working inside crypto. so if it were me, then I would think again and maybe wouldn't do itPreserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.
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.
That's actually a wise move, I mean if you just seldomly use your stuff and you knew it has some decent value then why not sell it.Quote
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 ??
Many had anticipating the upcoming halving and so the upward movement of bitcoin so why not? As long as you hold especially long term, you could make profit. And by far, you risk in a good way.So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??
I hope I also have a bike that have that decent amount.
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