Sell car for Bitcoin - page 17. | Bitcointalksearch.org

jjacob

legendary

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Quote from: Starkick on September 17, 2018, 05:48:59 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.

Now there is no need to work anymore? How is he going to pay for food and his bills now?
If he sells his car to invest in Bitcoin, but then takes the bus to work, that is fine. He is just sacrificing a little bit of comfort to invest in something he believes in. Whether or not Bitcoin really succeeds, your friend wouldn't have lost anything.

absurde

jr. member

Activity: 532

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Not a good idea i think, i advice people who is new to crypto market., They should invest money which will not hurt his/her economy. So be carefull before investing, do not need to take risk at that moment.

muneeb.zain

newbie

Activity: 140

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What i think is that it is not that much important to invest in bitcoin by selling your daily driven car or things you would use daily just for the greed of getting more benefit in it so don't make such a bad decision for make the investment.

aladlanie04

newbie

Activity: 114

Merit: 0

i feel half good decission and half not good choice , if it's expensive no need to sell car , i try to sell my land to buy bitcoin but i just step back when drops more or dips bitcoin i will buy it . i dont want to risk at this moment maybe in future.

cosmoo

hero member

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Not so bad desicion I guess. Some people selling everything to buy Bitcoin and living with their families in the car or on the street. That's OK to sell something you don't need.

brooklynian

member

Activity: 392

Merit: 10

This is very hard to believe that your friend sold his car and invested in bitcoin, waiting for the price of bitcoin to reach $500000. This is an uncalculated risk and he may be waiting for a very long time. It is not a wise idea to risk your valuable for cryptocurrency investment. Only invest your spare money.

Lex_tor

jr. member

Activity: 55

Merit: 1

Quote from: Taki on September 17, 2018, 12:46:10 PM

I admired of such believers. Hope their expectations will come true. My own, I will be satisfied if bitcoin will come back on 20000 $

It will be great

Lex_tor

jr. member

Activity: 55

Merit: 1

Quote from: pundit on September 17, 2018, 11:59:08 AM

Quote from: Starkick on September 17, 2018, 05:48:59 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.

This really not recommended, selling his car for bitcoin is ok but not doing work with the hope that one day bitcoin will rise to $500000 should really be avoided, keep you regular work as usual, you can alternately invest your saving or any money which you do not need currently in bitcoin or any financial market, volatility is very high in such markets to each step is to be taken carefully.

A person needs to work. Even if a person has a lot of money. Money likes to be in circulation. Only in this way can they be multiplied. A person who only enjoys life, calculating never to work quickly loses its taste for life. Such a person will not be happy.

If you do not want to work a day in your life, then make sure that your favorite occupation starts to bring you income. But these words should not apply to crypto investment.

Taki

hero member

Activity: 1078

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I admired of such believers. Hope their expectations will come true. My own, I will be satisfied if bitcoin will come back on 20000 $

Lex_tor

jr. member

Activity: 55

Merit: 1

Quote from: BestSSS on September 17, 2018, 12:39:50 PM

I am amazed at such decisions of people who just because someone said that the price of bitcoin will grow ready to sell their last panties to get easy money. If Your friend really did tell him that you Fool!
The cryptocurrency market is very volatile and the chance to earn here is much less than to lose. It is foolish to carry out your last money to sit and spit at the ceiling waiting for what they will turn in to 10000%.
Do not carry the last money here, and if the price of bitcoin continues to decline and last for 1-2 years Your friend will also sit and wait for the price to rise - he has no brains. Free cheese is only in a mousetrap, do not be so gullible and quit your job and sell the car if you have no guarantees!

Great words. I agree wirh you

Lex_tor

jr. member

Activity: 55

Merit: 1

Quote from: spadaccino on September 17, 2018, 12:29:56 PM

Of course you can do that if you want. and legally indeed somewhere. In Italy you can also buy a full house and pay in BTC! It's happening guys - even if you do not understand how and why you cannot stop us from becoming worldwide addopted. You can stay sure tou can payback your car and buy 2 same cars from 5 years maximun if you sell now. Just do not trust in ups and downs market scheme and others ponzi's .
10x takes much longer than what you was said.

It is not a question of opportunity, but a question of consequences, that is discussed here. A person wants to invest a large amount of naive believing that he will get bitcoins of 500k. It is nonsense. Bitcoin is certainly a good thing. But it is not permanent. And I'm not used to meeting someone's hopes. It must be used, not put on its own fate.

BestSSS

jr. member

Activity: 434

Merit: 4

I am amazed at such decisions of people who just because someone said that the price of bitcoin will grow ready to sell their last panties to get easy money. If Your friend really did tell him that you Fool!
The cryptocurrency market is very volatile and the chance to earn here is much less than to lose. It is foolish to carry out your last money to sit and spit at the ceiling waiting for what they will turn in to 10000%.
Do not carry the last money here, and if the price of bitcoin continues to decline and last for 1-2 years Your friend will also sit and wait for the price to rise - he has no brains. Free cheese is only in a mousetrap, do not be so gullible and quit your job and sell the car if you have no guarantees!

anehh

sr. member

Activity: 600

Merit: 250

If it is a belief that is based on a knowledge that can ultimately make a big profit, I think there is nothing wrong with your friend doing that, because surely before he decided to sell his car to buy bitcoin, he must have thought about the risks that might be received too. This means that everyone has confidence in what they are doing and then it will be determined by the luck of everyone, because not everyone will be lucky, and surely there are also those who are not lucky and eventually suffer the risk of loss. Hopefully your friends become part of a lucky person, although in my opinion what your friends do is a step that is quite brave and maybe only a few people do what your friends do. In the end I want to say that in investing we should always use a healthy mind and within the limits of good control, so that we are not carried away with lust and ambition that can ultimately make us suffer losses.

spadaccino

jr. member

Activity: 183

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Of course you can do that if you want. and legally indeed somewhere. In Italy you can also buy a full house and pay in BTC! It's happening guys - even if you do not understand how and why you cannot stop us from becoming worldwide addopted. You can stay sure tou can payback your car and buy 2 same cars from 5 years maximun if you sell now. Just do not trust in ups and downs market scheme and others ponzi's .
10x takes much longer than what you was said.

Twinscoin2017

sr. member

Activity: 1009

Merit: 328

Quote from: pundit on September 17, 2018, 11:59:08 AM

Quote from: Starkick on September 17, 2018, 05:48:59 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.

This really not recommended, selling his car for bitcoin is ok but not doing work with the hope that one day bitcoin will rise to $500000 should really be avoided, keep you regular work as usual, you can alternately invest your saving or any money which you do not need currently in bitcoin or any financial market, volatility is very high in such markets to each step is to be taken carefully.

Well i think there is no harm on trying, if you have two cars you can maybe sell the old one for bitcoin, today is really the best time to invest in bitcoin due to huge and and if you are lucky and we gain on it we can maybe buy two cars from the profit that we can maybe get by buying and selling it when price rise.

pundit

full member

Activity: 868

Merit: 104

Quote from: Starkick on September 17, 2018, 05:48:59 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.

This really not recommended, selling his car for bitcoin is ok but not doing work with the hope that one day bitcoin will rise to $500000 should really be avoided, keep you regular work as usual, you can alternately invest your saving or any money which you do not need currently in bitcoin or any financial market, volatility is very high in such markets to each step is to be taken carefully.

bitzizzix

sr. member

Activity: 2590

Merit: 452

Enjoy 500% bonus + 70 FS

This decision is very risky in my opinion and you should not do that, before you try it to learn it and can predict the right one and find information about the development of bitcoin in the future.
all decisions are on your side and you also have to be prepared to take big risks if everything is not as expected, because what I see is a market that is currently bad and no good developments and predictions are not necessarily true, so you must consider before do it so as not to regret.

iamzill

sr. member

Activity: 677

Merit: 250

it's speculation that must be thought through carefully for a trader to dare to sell a car in order to buy bitcoin, but believe me it's not the best choice but you can do it maybe it's a pride for you

hanlap

full member

Activity: 310

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You can buy one new car again but Bitcoin is high then you will not be able to buy it. So his decision is right and in line with the present. Bitcoin will be able to buy a lot of assets.

Pom_bensin

full member

Activity: 812

Merit: 100

actually it's a risk, but if it becomes your choice maybe it can be used as one of the best ways. but you must be sure and optimistic if the car that you sell for bitcoin can give profit.

Topic: Sell car for Bitcoin - page 17. (Read 2099 times)