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Topic: Sell car for Bitcoin - page 10. (Read 2079 times)

sr. member
Activity: 987
Merit: 254
September 18, 2018, 12:11:21 PM
It is really dangerous to enter and sell something for investment vehicles like Btc. I personally paid my car money because it coincided, but it was one of the biggest mistakes I made. Unfortunately, I lost most of my money.
full member
Activity: 336
Merit: 100
September 18, 2018, 11:46:35 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
in the event that my personal guidance is much better do not sell the useful products simply for bitcoin, simply because it is extremely dangerous. and when my personal guidance additionally doesn't have funds it is best to become listed on the actual marketing campaign resources simply because it's very effective as well as we are able to obtain bitcoin free of charge as well.
full member
Activity: 392
Merit: 100
September 18, 2018, 11:33:00 AM
For me it is an act that is too risky, although most people believe that bitcoin will be able to survive and have good value in the future but that is uncertain.
newbie
Activity: 154
Merit: 0
September 18, 2018, 11:32:14 AM
If you risk selling a car and buying bitcoin, Maybe it's a great idea. You can make a huge profit in the future.
full member
Activity: 462
Merit: 100
September 18, 2018, 11:27:05 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.

 Don't ever use this trick because it's very unhealthy for users and investor, and  I'm afraid that this trick will become a hobby of yours, selling things just for crypto is a very wrong move.  I suggest to you to not do this.
jr. member
Activity: 154
Merit: 1
September 18, 2018, 11:17:29 AM
To avoid losses due to a decrease in the value of Bitcoin, you can take advantage of cloud mining. Cloud mining is the process of mining Bitcoin that you can online with GHS units. From this process, you will get additional benefits from extra Bitcoin from mining. If you don't use it, you can sell the GHS again.
The advantage of investing in Bitcoin through trading is lucrative. But, before actually plunging into this digital currency investment, you need to understand the risks first so that you can anticipate when a bad possibility occurs.

If you trade via Bitcoin.co.id, you can set nominal limits to buy or sell Bitcoin. So, the process of buying or selling new will be executed automatically when the Bitcoin value moves to the limit that you have specified before. Well, if you don't have time to monitor Bitcoin movements in real time, this method can be used.
member
Activity: 377
Merit: 10
The Premier Digital Asset Management Ecosystem
September 18, 2018, 11:04:01 AM
I think that now it is better to keep btc because it is the best coin  ever having a lot of different advantages that make it the leader in the market of crypto today and it will be the good one forever
full member
Activity: 910
Merit: 100
elysian.finance
September 18, 2018, 11:00:05 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
someone who is willing to sell his car to buy bitcoin to invest, of course that person really believes that the price of bitcoin will grow even higher when they buy it at this time, even that person expects huge profits when bitcoin will rise again, even that person will will be able to return to buy a car again even better than the car it sells to buy and invest in bitcoin.
hero member
Activity: 1918
Merit: 564
September 18, 2018, 10:53:50 AM
People will really have different views on this. A fanatic might say he did the right thing and a conservative could just end up with a smirk on his face as if telling what a terrible mistake he did.

And i guess i'm a bit in between these two kind of people out there in bitcoin land. I do have high hopes. Researching and leaning on experts' opinion do always end up with bitcoin reaching a valuable high in the near future. Yet applying a bit of conservatism will never hurt, making me firm not to sell a property i already own (such as your friend's car) in hopes to gain even more. Practicality and sensibility would somehow dictate that i keep a valuable asset instead of wanting to hit the jackpot.

But i do admire your friend somehow, sometimes, risking it all means gaining it all.
hero member
Activity: 1540
Merit: 508
September 18, 2018, 10:36:49 AM
I wish i can sell something real for bitcoin in my country, it is illegal.
In your friend's situation, i think he made a wrong decision. We cannot make sure bitcoin can reach 500.000 usd even 100.000 usd by the end of 2019. He should learn how to trade and invest.
member
Activity: 345
Merit: 10
September 18, 2018, 10:33:43 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
I think if we were to sell cars to invest in btc it was very risky. We can not be sure that the price of bitcoin will increase or not. If he sells a car, he will be inconvenient for his main job that is a bad decision and uncertain. I think he should not do that
member
Activity: 673
Merit: 10
September 18, 2018, 10:28:45 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.

if a decision is taken and it must be thought carefully because the choice must be true we think according to the good of all if we save with money without having to sell the vehicle used to do this work a reality that does not harm us must be more observant in deciding something.
full member
Activity: 403
Merit: 100
September 18, 2018, 10:21:45 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
I salute the courage of your friend, who are willing to sacrifice vehicles for work operations in order to invest in Bitcoin, but have your friends known the risks of investing? I hope your friend has learned about Bitcoin investment and is also aware of the risks. because there are several topics about people who commit suicide because of the huge losses from their investments.
newbie
Activity: 182
Merit: 0
September 18, 2018, 10:18:39 AM
oh my god honesty, you cannot sell anything used uncompromised money or extra money..
full member
Activity: 294
Merit: 100
September 18, 2018, 10:04:37 AM
Oh, my God.... Because of people like your friend, others think bitcoin is a fraud. Even if bitcoin reaches $ 500,000 in 2019, selling the machine it uses for work is a very stupid step.
member
Activity: 255
Merit: 10
September 18, 2018, 10:04:12 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
I think that such investment is really not safe at all because it is uncertain and unreasonable. Because it's just a guess, no one is sure the btc price will rise or not. and he will have to suffer for a long while while the car can help him make money so I think such investment is very risky
full member
Activity: 504
Merit: 100
September 18, 2018, 09:52:37 AM
My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.
If you always believed on the predictions that are coming out. I believe that you will lose your money. Bitcoin is great but I don't think it can reach the value of $500k per bitcoin.
sr. member
Activity: 980
Merit: 252
September 18, 2018, 09:49:36 AM
Your friend's risky, but his decision is correct. The machine will eventually rust,bitcoin is not) And the machine will become cheaper and bitcoin will go up.So let the other suffer and like to walk,but then it will be to fly the plane)
jr. member
Activity: 588
Merit: 5
September 18, 2018, 09:49:31 AM
your friend is insane, I think if they know about the risk of the bitcoin and other cryptocurrencies they wouldn't sell their car for just to buy bitcoin and other currencies, I think the good way they just use the small amount of his money to involve in bitcoin and cryptocurrency

But then he will not earn very much and he wants to become a very reach man Smiley
jr. member
Activity: 588
Merit: 5
September 18, 2018, 09:46:07 AM
Yes we know this months bitcoin and altcoin price is so low, so best time to buy. I also trust end of 2019 bitcoin price will go to the moon, but sell car for invest in bitcoin, that so risk. ya all people have individual thoughts, and he already think about that, so go on. Maybe if i have car like your friend and market so low like this, i think i will follow his step. But stop working, i think that not sense. We must always work

Golden words. And they think that if their money can work for them there's no need in spending so much time to sit in the office and do something.
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