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Topic: Would you "swap" your crypto for a Tesla? (Read 2399 times)

sr. member
Activity: 2268
Merit: 263
August 14, 2021, 04:23:59 PM
Every new item we buy will become second hand which causes the resale value to decrease, but you can buy the car you want from the return on investment of 2 years, I think life is fun so enjoy your dream car because it will bring you new profits on investment crypto.
Very appropriate advice, because there are many types of cars so that everyone deserves to make a choice on every car they want to buy, which clearly suits their needs, it doesn't have to be a Tesla, because other brands of cars are also still very useful today.
full member
Activity: 548
Merit: 100
I think if we don't need a car, then why exchange our bitcoins for a car. where the price of a new car of course always decreases in contrast to bitcoin which has the opportunity to increase drastically. So if you look at the investment value, of course BTC is more profitable
Every new item we buy will become second hand which causes the resale value to decrease, but you can buy the car you want from the return on investment of 2 years, I think life is fun so enjoy your dream car because it will bring you new profits on investment crypto.
sr. member
Activity: 2268
Merit: 263
If the price is affordable and our crypto assets are fit to do why not. however, the dominant percentage to own some BTC and ETH is still not too much.
Although the dominant percentage is still not too much, the name BTC and ETH you can still have and you can save at any time because these two coins will not harm you as long as you can be very patient in saving them.
full member
Activity: 826
Merit: 100
well i think this kind of conversation is depends, if you think you already reach some good return i dont think its bad idea to spend your money to something you like. In the end the reasons we are investing in crypto cause we need more money and trying to buy what we need and make our life easier so i do think everybody will have different approach how they use their money and its okay to buy something with your crypto.
Not only in crypto, in all areas, people expect a lot of profit that can meet the needs of life.
And choosing to invest in crypto can't be said to be right, but the choice of choosing to invest in crypto I can say is close to what is expected.
full member
Activity: 602
Merit: 105
If i have a great amount of coins, i would swap it to tesla or another car. Its probably turn me profit if i sold them on higher price, so i can buyback my coins and ends up with bigger amount.

No way you could sell an item like a car with higher price moreover with bitcoin. Bitcoin transaction has fee on it and the price value of a car must be going down every year because they will launch another model in the future year. If you want to sell a car with higher value than it's initial price, you could buy an old car which aiming by collectors.

Its not specificly said bitcoin, theres many coins in the space with low fee even free transactional fees.
Ofcourse It can be rising in price, giving some add value to the car and add some margin on it, isnt it how the car trading works?
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
I think if we don't need a car, then why exchange our bitcoins for a car. where the price of a new car of course always decreases in contrast to bitcoin which has the opportunity to increase drastically. So if you look at the investment value, of course BTC is more profitable
Every new item we buy will become second hand which causes the resale value to decrease, but you can buy the car you want from the return on investment of 2 years, I think life is fun so enjoy your dream car because it will bring you new profits on investment crypto.

Value of money and how you'll manage to keep your assets to work with you, keeping your investment and let your money to
grow will somehow give you the amount that you need to buy.

 luxury car or anything else, it can wait for you. There's always the right time for that desire if your money is already overflowing.
member
Activity: 602
Merit: 11
Don't buy a car if it's not for necessity, it's better to save assets in BTC because if BTC will increase drastically then you can buy that car for only half of the current car price
What do you mean, bro? The car value will be decreasing or our funds will multiply on Bitcoin investment? The car value sometimes is also fluctuated, it can increase or decrease in the future. Regarding the Bitcoin asset, there is no guarantee that it can multiply your money and there is no specific time to take the profits. If having the car urgently, you are better to convert your Bitcoin to fiats immediately.


I think if we don't need a car, then why exchange our bitcoins for a car. where the price of a new car of course always decreases in contrast to bitcoin which has the opportunity to increase drastically. So if you look at the investment value, of course BTC is more profitable
hero member
Activity: 1694
Merit: 516
Id rather not, if were talking about hodling for better value in the near or far future ill stick with crypto. Cars tend to low their current value while times pass. So for me if the basis as an investment id rather not.

Yeah same, even though bitcoins dropped in price and a Tesla might be more valuable in FIAT money at the moment I wouldn't buy it. I just can't forget what Elon Musk did to the crypto world. Keep bumping and dumping prices like he is god. In the past my dream was always to buy a Tesla one day, but now I will wait some time and get a nice electric car from a competitor.
legendary
Activity: 2478
Merit: 1123
We can't forget Bitcoin Pizza Day because it is celebrated by the crypto community every year, risking BTC and ETH to buy a Tesla car or expensive goods will feel depression like buying Pizza Day but if you use other coins/tokens it may not be a problem because new coins don't exist guarantee that the project's potential will be developed long term.
member
Activity: 1540
Merit: 22
If the price is affordable and our crypto assets are fit to do why not. however, the dominant percentage to own some BTC and ETH is still not too much.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
well i think this kind of conversation is depends, if you think you already reach some good return i dont think its bad idea to spend your money to something you like. In the end the reasons we are investing in crypto cause we need more money and trying to buy what we need and make our life easier so i do think everybody will have different approach how they use their money and its okay to buy something with your crypto.
hero member
Activity: 2030
Merit: 549
Leading Crypto Sports Betting & Casino Platform
Don't buy a car if it's not for necessity, it's better to save assets in BTC because if BTC will increase drastically then you can buy that car for only half of the current car price
What do you mean, bro? The car value will be decreasing or our funds will multiply on Bitcoin investment? The car value sometimes is also fluctuated, it can increase or decrease in the future. Regarding the Bitcoin asset, there is no guarantee that it can multiply your money and there is no specific time to take the profits. If having the car urgently, you are better to convert your Bitcoin to fiats immediately.

member
Activity: 840
Merit: 10
Id rather not, if were talking about hodling for better value in the near or far future ill stick with crypto. Cars tend to low their current value while times pass. So for me if the basis as an investment id rather not.

Yeah same, even though bitcoins dropped in price and a Tesla might be more valuable in FIAT money at the moment I wouldn't buy it. I just can't forget what Elon Musk did to the crypto world. Keep bumping and dumping prices like he is god. In the past my dream was always to buy a Tesla one day, but now I will wait some time and get a nice electric car from a competitor.
you should not hate to elon musk like this, your good dream should not changes due your hateness to someone. although elon did something that make us suffer loss but atleast he make cryptocurrency be more popular. If we suffer loss dont blame anyone , we must introspection did we do proper research when following him.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
If your country does have a very good public transportation then you don't actually need one.
I think we need it. We cannot rely on public transportation services every time. I don't know how good public transportation in your country, but it is not really good in my country. Public transportation still has many limitations, we cannot use it to go to all places. So, to own a private car isn't a bad idea, but be wise to use the funds.
That's why I've said if only your country has a good public transportation.
There are other cheaper cars and actually, we're hoping that other car manufacturers and brand would decrease in prices
Yep, there are many car manufacturers that have cheap prices for their cars. That's why I suggest buying another car brand, not Tesla cars. However, I also don't expect much about the decrease of those car prices. I doubt it will happen because in my country the car price seems to grow every year. Moreover, if there are new editions, it is usually more expensive.
They should have considered the pandemic and they should decrease in price if they want to cope up with sales. AFAIK, there's also a shortage in parts for brand's vehicles.
sr. member
Activity: 1456
Merit: 251
Yeah same, even though bitcoins dropped in price and a Tesla might be more valuable in FIAT money at the moment I wouldn't buy it. I just can't forget what Elon Musk did to the crypto world. Keep bumping and dumping prices like he is god. In the past my dream was always to buy a Tesla one day, but now I will wait some time and get a nice electric car from a competitor.
Don't buy a car if it's not for necessity, it's better to save assets in BTC because if BTC will increase drastically then you can buy that car for only half of the current car price, I also want to buy a dream car but don't need to rush to buy it now because long term trading profits can buy more expensive high end cars.
copper member
Activity: 966
Merit: 5
Hello everyone!

So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question:
Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car Huh?

People use their money for things that interests them, things that makes them happy and/or even to solve issues, pay bill and so on, therefore whether the person use fiat for that Tesla or BTC, I still see it as the same thing. That is, let's say the person sold Bitcoin for fiat, of which the fiat is in his bank account, and one day he decides to buy a Tesla and the money in his account is sufficient enough to buy the Tesla, which he goes ahead to buy, isn't that the same thing.
Even if the person doesn't swap his Bitcoin for a Tesla, but do so to pay bills, isn't it the same thing? When Bitcoin rises to $100k for example, will he be angry he sold Bitcoin to fiat to solve problems? I don't think so.
Many people have meet challenges which caused them to sell coins they believe in, but that's what makes us human, there are things we can't control. It doesn't make sense having Bitcoin or other coins which can help you solve issues, but Instead you held on but went to borrow.
But on the other hand, if you are selling all your Bitcoin just to acquire a Tesla, then I think it doesn't make sense and can't do such. 
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
If I am going to purchase Tesla with crypto, that would be using the earnings from trading and/or yield farming/liquidity mining. For me not touching the base principal of my crypto holdings is important. Let the money work for you.
sr. member
Activity: 1022
Merit: 252
TonUp.io | 🔥Ultimate Launchpad on TON
If i have a great amount of coins, i would swap it to tesla or another car. Its probably turn me profit if i sold them on higher price, so i can buyback my coins and ends up with bigger amount.

No way you could sell an item like a car with higher price moreover with bitcoin. Bitcoin transaction has fee on it and the price value of a car must be going down every year because they will launch another model in the future year. If you want to sell a car with higher value than it's initial price, you could buy an old car which aiming by collectors.
jr. member
Activity: 840
Merit: 6
Hello everyone!

So with the hype around crypto that Elon Musk is creating and with the news about possibility of acquisition of any Tesla car with crypto, comes my question:
Would you buy a Tesla with BTC or ETH? Aren't we going to regret it? In future, will this turn to an event similar to "Bitcoin Pizza Day" where people will be sayin that someone spend a whole BTC or 10 ETH for a car Huh?
Only under certain circumstances:

1. It is an older model that has free supercharger access. I would put a mining rig in the trunk to pay off the cost of the car by mining Raven
2. There are superchargers in my area, there are none
3. I would not buy it with Bitcoin because Bitcoin generates wealth, I would take a loan against my Bitcoin.
sr. member
Activity: 826
Merit: 263
If your country does have a very good public transportation then you don't actually need one.
I think we need it. We cannot rely on public transportation services every time. I don't know how good public transportation in your country, but it is not really good in my country. Public transportation still has many limitations, we cannot use it to go to all places. So, to own a private car isn't a bad idea, but be wise to use the funds.

There are other cheaper cars and actually, we're hoping that other car manufacturers and brand would decrease in prices
Yep, there are many car manufacturers that have cheap prices for their cars. That's why I suggest buying another car brand, not Tesla cars. However, I also don't expect much about the decrease of those car prices. I doubt it will happen because in my country the car price seems to grow every year. Moreover, if there are new editions, it is usually more expensive.

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