Bitcoin Forum

We all have a hobby or a dream, be it big or small.Like everyone else I have a dream from childhood that one day I will grow up and buy my dream bike.I tried many times to buy this bike of my dreams but failed time and time again due to not having enough money.I told the family a lot but they are not willing to buy the bike at such a price so I forced myself to save some money from my job salary and bought a small amount of bitcoins at the moment.I have currently bought about $750 worth of bitcoins to fulfill my dream.One of the reasons for this is that the Bitcoin halving will begin in the early 2024, after which the market is expected to grow again.At the moment, the price of Bitcoin is like this. I bought the amount of Bitcoin with 750 dollars in this situation. If the price of Bitcoin doubles from the current price, then my dream will be one step further.
Was I right to invest in Bitcoin to buy my dream bike?
I gave an example with this picture.

$759 will not represent an investment that will change your life, but it is a step forward towards achieving more income, which may generate 3 times your investment in the future.
Is the bike you are looking for a motorcycle or a regular bike, because the price of bikes on average here ranges from $200 to $800, and 750 will definitely buy you a bike, or you can wait until the Bitcoin price is 60,000 and you get your capital back and a bike.

Bitcoin halving would occur in early 2024 (likely in April), not that it would begin in 2023 because there has always been halving after every 210000 blocks mined. If you are expecting the price of bitcoin to increase, you will not be disappointed because 2024 and 2025 will favour bitcoin holders. Expect at least 5x profit.

But how much is the bike you plan to buy worth? Because for 750$ in my country, you can easily buy a bike. And if your goal is just a bike, then I think with that bitcoin investment, you can realize your dream during the next bull season. But if your goal is to become rich or earn 10, 100 times profits, it is impossible. Bitcoin can't do that for you in just a few short years.

More importantly, although history tells us that after the halving we will have a bull season, but there is no guarantee that things will repeat, you should think about it, history probably won't repeat and a new history will be created.

Firstly, I quote your link to give readers the exact image of your dream bike.
 
Secondly, this is a good investment to make your dream of owning a bike a reality because of the trust you have in Bitcoin. But you should be patient because there is no specific date for when the Bitcoin price will double, but there is hope that the price will go up in the years 2024–2025. That is why I said you should be patient and keep holding your Bitcoin until your dream comes true.

Achieving your dream bike is positively just some months away if you can continue hodling your bitcoin you have bought in that amount of $750 because with the halving followed by the bullrun to the next bitcoin ATH you will definitely make profit that can afford you that bike you desire be it a common bike or a motorcycle bike. I love the fact that people who never had an opportunity to achieve their dreams hobby are getting that opportunity through bitcoin and it's something to be happy about. Congratulations in advance op.

You can do absolutely anything you want with your bitcoins. Nobody should tell you what you can or can't do with your money. Not even the banks that give you access to your money. That's why bitcoin was created actually, as you probably know.

So if you hear anyone telling you that it was wrong and you should've invested it, keep that in mind. (Although if you literally emptied your wallet for it, you might want to make sure you have more money from somewhere else to call on.)

I believe the bike he shared the picture of in the OP is what we refer here as Power bike, From what I know, power bikes can be referred to as high performance bike, and they are usually very much more expensive than $200 to $800 you mentioned. Though how expensive it is usually depends on the make, and the quality of the bike, as well as the performance.

Like myself, I bought one regular bike last year for around $600, though not the kind is sophisticated bike like the OP wants, I would personally refer to mine as a motorcycle.

What I will really advice OP is that, Bike is not the most important thing in life, no matter how much he loves it, he's investing in Bitcoin should be to change his life financially and not just to buy bike, Bike is a liability, he already invested $750 in bitcoin, he should try and invest even more in preparation for the coming halving and possible bull run, if this investment triples in growth, he should invest in a good business rather than use the entire money to buy a bike which will only take money away from him going forward.

There should be nothing wrong in advising people so don't take this personally, I believe you are in rush to get a dream bike, what happens after that? See we are all meant to life a happy life but this bike won't set you up for long, they lose value over time. I am not trying to ruin your plan, I have dreams of getting some things too and I did, but I was able to get them when I made a lot of money.

You want to be happy and get your dream bike? Make more money than your dream bike amount, you have invested $750? That's good enough, but Bitcoin will do more than 2x that you are expecting, so relax, there is no point in running, remember that in 2025 your age won't be the same, this dream bike can't start vomiting money for you.

Be ready to keep the bike and to have something good going on for you, tomorrow's battle starts today, If I were you, since you are still struggling financially, I will keep working a job and slowly increase my Bitcoin bag, if you can't do this it's fine.

Just make sure you take profit after Bitcoin reach at least $67,000 or more again because it's obvious that Bitcoin always beat its old all time high, so relax and it will be smarter if you think about how to make extra income now to get more Bitcoin, do not let the dream bike be your only goal, but like I've said its not a must if you can't afford extra income to keep dollar cost averaging.

You my friend is on the right track and don't ever feel limited, you can do more than you think you can. All the best.

You have a good intention for doing this, however, there are a number of things to consider before drawing a conclusion on what you should expect as a return from this, have you first considers the type of Bike you're intending to buy and the cost to it, also try to do the arithmetic behind your current investment amount to the present bitcoin market price and calculate what will turn the outcome for your investment if we get to $68,000 and form a new all time high with your $750 investment if the market price reach $100,000 after next year halving.

we all here have different dreams about investing in bitcoin. some want to buy a house, become rich, etc., we all hope for the best from our investment in bitcoin. your decision to invest in bitcoin to buy a bicycle is right. it's possible that next year your current investment will increase in value and maybe you will be able to buy your bicycle with this investment.

but it seems that in this process you will have other goals that make you think about investing in bitcoin for a longer period of time and if that is true i think investing and holding bitcoin for longer might be an even better decision.

We all have our own dreams and goals why we're investing on Bitcoin and yours won't be different to ours that are dreaming to buy our first house and land property, dream cars and etc. The discretion whether it's a good reason for you to invest to Bitcoin to buy your dream bike will depend on you since it's your goal and as you've said, that's your dream so let's just say that it's not wrong at all. Things like these are very satisfying and achieving not just to the physical after we purchase it but mentally, it gives us that satisfaction that can't be par with money. There's no need for you to get the approval of others if that's your plan in the first place because only you can give that validation to yourself that you're doing the right thing and you've got the reason why you invested on this market. If some people are telling you negatively about that plan of yours, don't hear them out and just let them say what they want to say. Don't mind what they say and just focus on what you're aiming and that's your goal to purchase that dream bike of yours.

Besides, at least he tried to make his wish come true.
I think $750 is enough to invest in Bitcoin and of course whatever increases and decreases that occur later will be proportional to the capital he has.
However, his belief in investing in Bitcoin thinking that there will be an increase after the halving is a quite positive first step in my opinion, with the amount of speculation currently available, people who believe and think that there will be an increase after the halving in my opinion are people who lucky, because I thought so too and did the same thing.

It is a good decision you made to buy bitcoin, not shitcoins.

Bitcoin is safe for you as an investment and because you don't hope higher than doubling your capital, you can get it in 2024 bull run after the halving. Maybe some months after the halving, your dream will come true. In the mean time, you must store your bitcoin safely. $750 is good amount so you can afford to pay withdrawal fee from exchange to your non custodial wallet where you can store your bitcoin more safely.

Use free wallet (open source, non custodial) like Electrum wallet.

Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)
How to Safely Download and Verify Electrum (https://bitcointalk.org/index.php?topic=5240594.0).

In my country your dream bike sells for around $2,400, there is still a lot you need to collect if you have only collected $750 now. Your steps are very good for making your dreams come true, taking advantage of the Halving which is expected to start in early 2024 can increase the value of your investment if the price trades as you estimate. Continue to increase the amount of investment if you really believe that the price of Bitcoin can increase two or three times after the Halving, profits plus capital can make your dreams come true which have not yet come true.

@OP remember, someone can even sold their coins during bear market, it's not because they're weak hands, but they're need money urgently to pay medical bill. It's bad for sell Bitcoin for paying medical bill? nope, that's actually a good choice because you don't have any option, someone else health is valuable than money.

So in short, you can do anything with your money and there's nothing wrong except you invest in a ponzi scheme.

You have already invested, so do not let scammers steal your efforts. Learn how to protect your seeds by either using an airgrapped system or purchasing a USB and burning an operating system on it, disconnecting all parts connected to the network and creating seeds using Electrum. Any wallet is well programmed and open source, and wait until it the price of Bitcoin be the same of that bike value

If you return the price 4 times, then you will get $3,000 and you will get your dream bicycle if calculated with the exchange rate of the Fiat currency that I use. That's just an example and you will get higher if the amount of Bitcoin you buy exceeds $750. Maybe you can buy other dreams other than the bicycle you want now.

Can you make sure that the motorcycle model is your dream because when you reach the price return you invest, the company from the motorbike will issue the latest models that are more manly for you to use.

It is definitely a good job that many people today have chosen Bitcoin to fulfill their dreams. Bitcoin is the only reliable coin in the crypto world that will definitely play a role in fulfilling the dream in the long run. Bitcoin has been bearish for a long time and still on going but as the halving approaches, the price of Bitcoin will continue to rise. Although there is no certainty, this can be easily assumed by reviewing past history. If you keep your money in a bank or financial institution, you will not be able to quickly double your money from there. You must wait a long time. But it is not impossible if we expect even 10 times the investment in Bitcoin. So Bitcoin will be a good investment medium for fulfill dreams.

If that's your dream since childhood, why not just buy a bicycle, why buy bitcoin? because if something happens to you but you haven't bought a bicycle, it will make your soul restless. LOL My question is how much does your dream bike cost?

The choice to buy bitcoins instead of buying a bicycle is a good decision and I think you have studied bitcoins before deciding to invest. The decision you choose will be very visible when Bitcoin hits its next ATH moment and you can choose to buy a bike after that. You are on the right track now and keep maintaining those good wishes until what you want to achieve is realized.

Good decision actually to buy bitcoins and not to rush anything unwanted since you might regret the decision if you bought the bike immediately. you did a right choice for saving bitcoin since it has huge potential to rise up especially that halving is long time speculated by many people and many is positive that we can see a good price to be reached for that time so maybe you will be lucky for that if the saved amount will get doubled for that time and after that you can buy your dream bike. Also maybe next time don't dream on material things maybe target to hit more bigger investment since it can really help you change your life if you do good decision on investing on bitcoin. But also be careful upon expecting to much and make sure that you are always active to see the market daily result on next year so that you can decide if you want to sell while there's a good chance to execute your sell orders and buy your long awaited dream bike.

One thing I like about Bitcoin is that you can do whatever you want with it, it's your fund and no one can tell you what to buy and not to buy with it. If buying a bike will put smile on your face, then go for it.

The picture you shared is a 2023 Yamaha R15 V4 Dark knight edition and it is valued at $2010 - $2,244. The $750 worth of Bitcoin should atleast do a 3x in the next bull season and make your dream come through. While you wait for this to happen, don't store your Bitcoin on a CEX, look for a good recommendable hardware wallet like Trezor, Coldcard, passport or non custodial wallet like electrum or Bluewallet to store your Bitcoin.

This is nice to see that you quoted the ops to make his image visible, and from the look of things the ops will have to wait till after the halving and when the bull run comes before being able to make any profits that can help him in buying his dream bike as he stated, and more so is obvious that no one know the right time that this round of the bull run will come after the halving in rhe Bitcoin network but sure that we will likely to experience bull rin in 2024-2025 so holding bitcoin any time befor this period will yield the holder a significant profits when that happens.

Yes you are said really good point of my hobbies because i have one dreams i want to buy a cars if it’s  second hand used cars or brand new cars Doesn't matters because it is my hobbies from childhood but still i,m trying to my best job with buying bitcoin and holding more & more bitcoin but my value is small and when you budget your bitcoin at $750 i really give you thanks because when i have seen 1 bitcoin is $800 or $900 than i don,t know what is bitcoin and what is the futures but today i upset for that times price and today price i hope 2024 coming year coming another bull sessions and go to the moon and i also saw your dream bike this is YAMAHA R15 model best bikes i also like this happy time enjoining you.

You are right and the OP did plan and make the right choice because Bitcoin will definitely make that happen, and what I like about the OP is his goal of owning a motorbike. Because if investing has a goal that you have dreamed of for a long time then that will be a motivation and you will be serious about doing it and you just need to be patient to make it happen.
However, if the OP believes or waits for the halving to come and as everyone expects, it would be better if he continues to do periodic purchases or DCA after investing $750. And make purchases according to your ability, even in small amounts, because with this plan OP can realize his motorbike and other goals after the halving comes and you have to be patient.

You have taken a big step by deciding to invest in bitcoin. I am very confident that bitcoin will touch a new ATH again. And my prediction is $100k. And if you have $750 in bitcoin, maybe you will get 5x the profit and that will be enough to buy your dream motorbike. Maybe that will happen in the near future, I hope in 2024 or 2025

I don't know where you know about bitcoin, but your choice is very right, although there are still risks, I hope you already know the risks so that you have other alternatives if something bad happens. But we believe the future of bitcoin will be very good in the future

Well, for sure if you continue to invest in cryptocurrency or Bitcoin you can easily get your dream bike, I mean I personally did it myself, I did buy my first bike using my Bitcoin investment, and these moments I'm already planning to upgrade buying my second bike which is more expensive than my first bike, For sure most of the people are going to say that it is just material things something like that but it doesnt matter since it's an investment and the goal here is to make a profit, when you make a profit there's a reason for that and for some people its there dream bike. So I believe you could easily achieve your dream bike, there is no guarantee that the market price is already going to skyrocket in the coming Bitcoin halving event, but if you can hold long term and just dont sell your investment at a lower price your still going to make a profit on it. So just be patient and continue to HODL your Bitcoin until the Bull Run.

If you could DCA and accumulate more Bitcoin hold for years it is possible that you could even buy a bike that is even better probably a 1000cc bike already, but as long as you sell at a profit it's still great because this is a risky investment so there was no guarantee that the price is gonna continue to pump, so its always great to take profit from time to time.

Having a cause/target /dream will help to save or invest. If you focus on your dream, you are more likely to not waste any money and save until you reach your target. I'm not sure if you have done this before or not, but it is a great thing to do. If this is your first investment then once you taste how money feels like, you will be eager to invest more and earn more rather than just reaching your target and fulfilling your target by buying that you have dreamed of.
Don't stick to the mindset of doubling your investment. Market moves in random pattern. And it is never 100% sure that you will double your investment. Holding Bitcoin is a good practice but you also need to learn when to sell it in order to take your profit. If you even gain 20% profit and the market seems to go down then you should take that profit. And then again buy it with low price to fill your bag. This will maximize your profit rather than waiting for your investment to get double in a single run. But I am no financial advisor. Do your own research and do what you feel like is the best for you.

OP, you have made a wise decision here, since you know too well that $750 wouldn't be enough to buy you your dream bike, so you decided to buy bitcoin with it in other to double up your capital. We are all expecting the halving that will lead to a bull run, and by then bitcoin price will skyrocket. You should have a target price that you will be willing to sell your bitcoin, in order for you to buy your bike, because nobody knows what will be the ATH of bitcoin in the next bull run. Don't expect too much from bitcoin but I believe you can double your capital and with that, your dream will come true.

This is a dive into a pool thats hazardous yet perhaps profitable! Your idea of the bike, the two-wheeled freedom machine, is real and tangible, but using Bitcoin puts dread in the scenario. Investing in Bitcoin with the assumption that it would double, especially within a certain timeframe, is like walking a financial tightrope.

You took a big risk, therefore its important to assess whether its calculable or fits your financial capacity and risk tolerance. Does Bitcoin's volatility suit your dream? Even with halves and growth, its a risky bet. Know that your dream is holy, but dont let financial obstacles get in the way.

I don't think it's a wise decision, the @OP literally use all of his money to fulfill his dream, so whenever Bitcoin price increase into certain price and make him able to buy his dream bikes, this mean he will not have any money anymore.

As we know bikes is a depreciated stuff, the price will keep decrease even you're not regularly use it.

You are free to have your dreams by investing in Bitcoin. Many of us also have our own dreams. So you can start investing in Bitcoin. Don't give up if you haven't achieved your dream because it is a long journey that not everyone can go through.

To become a Bitcoin investor, you need a strong hand to hold your Bitcoin in market times like this. Most investors will panic about changes in Bitcoin prices and will not be able to hold their Bitcoin. But if you are able, you can achieve your dreams.

Continue investing in Bitcoin until you feel you have bought and owned enough. And you just have to wait for the market to really recover so you can see the size of the profits you can get.

I hope you remain consistent with your plan @OP, I mean is that the growth in the value of your investment won't tempt you to wait for even bigger profits (your new hobby).
What you have to remember is that Bitcoin has no top price limit which makes it difficult for you to make the decision to realize your investment profits.

I see it as a joke. Invest in Bitcoin to wait until you can double your money and spend it on a depreciating liability. Nothing to invest in Bitcoin as part of a wealth building plan nor of course to free yourself from the clutches of the state.


It's just that it's so much bullshit what he plans to do that I can't understand how people congratulate him, other than to meet the post quota without thinking much. At least the OP has not earned any merit, so far, although I would not be surprised either.

OP stated that he save the money from his salary, it means he has a source of income. Spending the money he save for his dream bike means that he will not have a money, as long as he have a stable job, he will still have a money. The important thing is he have made a decision to make his money to grow. Not just by letting it to deposit in a bank ang wait until he save enough money to buy the bike. The price of the bike may depreciate, but it is still an asset depends on how you use it. If he will use it to go to work, then he will save some time and money compared to public transportation.
He has a goal, and he has a plan. That is the most important thing. It is wise enough not to rush on buying the bike without any plan.

The bike is a mean of transportation from home to work office or serves other purposes like as a lifestyle, makes a person look more stylish, stronger ...

Depends on how thin or deep budget of a person and how much does the bike worth with him, buying it will be good or not good or inappropriate.

I am not against OP but reading this dream, it reminds me about myself when I was young. I hoped to have a smartphone, a motorbike and some others like liabilities, not assests according to the author of Rich dad, Poor dad.

I also actually guess that OP is still young, with age like less than 30. I could be wrong but after you are in middle age, you no longer care much about your appearance and no longer want to spend much for liabilities.

The bike for personal use is a liability that the only thing it does is to lose value. Investing in Bitcoin until you double your money to spend it on a liability whose value depreciates and will end up being 0 is bullshit from a personal finance point of view.


Of course, it's very important that he's got some sort of a bullshit plan in which Bitcoin isn't a very important part of it either.

Bitcoin is worth way more than one or two bikes.

I would rather invest that money where it can help me more, in life. And that is definitely not in a bike.

On the other hand, everyone lives only once so you may as well live with whatever makes you happier. My views on the entire matter are more long term and profit maximization. I know that 750 USD in Bitcoin today will be much more in the future.

Although that being said, 750 USD is not really a life changing amount, so I guess do whatever you like, I guess. That kind of bike is worth way more than 750 USD, so if 750 USD is a big deal to you, then your dream is going to be long-awaited one.

What problem do you hope to solve with the bike? Is the bike well built for the job, or Is it the right bike to do the job without much issues? How about its user, can he/she also do the job well with the bike?
How important is the solution to the problem, by the way? Does the solution help you alone or more people? The more people it helps the better, else the more you should consider using the money for something good and more profitable.  Maybe consider holding the money longer in Bitcoin and learn to multiply it further with good investment strategies. Or use it for other good investment or business that's as/more profitable compared to Bitcoin.

I don't think it's a good idea to invest so much in Bitcoin only to aquire something less important/valuable with the profit you made. I would rather give that profit to someone who will use it profitably, especially to the benefit of a "circular Bitcoin economy"

It is a liability and in investing view, it is not good to buy with your money. OP if buying a bike from profit with Bitcoin, still buying a liability but it is still good enough. Because OP will do it from investment profit, not from initial capital or all money OP has.

Enjoy your life with profit is not too bad but I agree with you that OP should not sell his bitcoin.

In another view, it is like. I receive $500 as my salary and I can use $100 or $50 to buy bitcoin. It is not like a crime so if you are happy when doing this, it is just fine for you because it serves your need and bring happiness to you.

This elderly, Dorothy Hoffner, was happy with her skydiving (https://www.independent.co.uk/news/world/americas/skydiver-grandma-death-dorothy-hoffner-b2428628.html) and her face shows happiness. It is good with her even others can see it is very risky and does not worth to try.

I'm convinced that each of us has a plan for what we want to do with the profits from our bitcoin investments. The amount we invest will determine how much money we will make from our Bitcoin investments as well as when the bull run will begin.

In regard to this, I want you to have a general estimate of how much profit your $750 investment in bitcoin will bring to you when the crypto market bulls start to roar in 2024 or 2025.

Let's say you currently have 0.0281 BTC, which is around $750 if we calculate it using the current price of bitcoin ($26,693k).

Let's figure out what your $750 will get you if, speculatively the ATH of bitcoin soars to $100k by 2025.
Your current Bitcoin hodling is about 0.0281 × 100,000= 2,810.

From the math done, your total investment in bitcoin from your $750 investment is $2,810k.
With this money achieved, I can confidently say that you can purchase your dream bike with the remaining cash in your pocket.

No, it's not a crime but coming to a Bitcoin forum, the one founded by Satoshi to explain that shitty plan, hoping to be congratulated, as some have done, and in passing see if they give you any merit is not a thing I intend to praise because even Bitcoin is not relevant in this shitty plan.

He wants to buy a bike and he could do it by investing that money in the stock market, saving more or whatever, because using the Bitcoin just to double your money and buy the bike that tends to 0 value and stay at 0 Bitcoin after buying the bike is a fucking shitty plan and so I must say in the Bitcoin forum founded by Satoshi. I would think he would be embarrassed to see a post like the OP's.

Everyone has a dream like you have a dream to buy a dream bike I have the same dream as you. But here you are definitely ahead of me because you have already invested $750 to fulfill your dream. In this regard, I am far behind you because I have not been able to invest any dollars so far to fulfill my dreams. In this case, I would like to make some calculations to tell you whether you can buy your dream bike after Bitcoin increases. Here's your $750 (0.02811 BTC at current Bitcoin price) Bitcoin investment if Bitcoin is $100,000 in 2024 your investment will be (0.02811 BTC×100,000 BTC)=$2811. But your dream will surely come true. I think you have made the right decision to fulfill all your needs.

A positive goal will result in positive gains.
You have a goal of buying that motorcycle you've been dreaming of and start investing in Bitcoin hoping that the price will continue to rise after the Halving.

That's a good goal, but you need to prepare yourself mentally when the price of Bitcoin continues to fall and make sure you don't just buy once,
it's better to do DCA and of course, it will further increase the benefits you get when the new ATH is reached.

Not only can you buy a motorcycle, but there are many things you can buy with the Bitcoin you invest from now on.

      -   If you don't increase that amount until the bull runs itself, let's just assume that x 5 your 750$ is around 3750$. But that amount can't give you the dreams you want to have in life. Except for the bike you've been wanting to buy for a long time.

But that amount will be enough for you to continue in the cryptocurrency business. Of course, you have experienced it first, and you already know the feeling that it is true that the business industry like this can be an instrument for our dreams in life. But if you add more, it's better, or while you wait for the halving, do the DCA methods.

How is bicycle the same experience with a power bike? The difference is huge and also what makes you think he never got a bicycle at a very young age? Most guys who are into Bikes were once bicycle fans or are still.

Are you also saying you don't have something you wished for? So if you die now your soul will.become restless because you have something you wished for? This is nonsense, if this is true then all humans in this world will become a restless soul after they died.

Everybody has something they want, even if they can't get it they keep trying, who doesn't crave for financial freedom? Who doesn't want to retire at a good not too old age? There is always something human heart desires.

When we all are young, we have many dreams, some dream that he will grow up to be a doctor, some dream that he will do a government job. Some may fulfill their dreams, some may not fulfill them, but their dreams succumb to the harsh reality. Also your dream was to buy a bike maybe no one in the family helped you to buy a bike but you didn't give up. You save money in addition to your job and with that money you invest in Bitcoin. I think you have done a very smart thing to invest in Bitcoin. You will be able to buy a bike when your profit will increase a lot through Bitcoin Invest like this. Hope you go further with this bitcoin in the future.

Well, what's the point of financial freedom if one can't get to buy what his soul desires. We are only warned of delaying instant gratification inorder to achieve this desire, be it a house or car or bicycle or bike.

BTC has lent a hand to those who have been at the mercy of real world banks due to charges, bills, credit cards and transaction rates that may make one too stretched to even think of saving up money because it is to buy a dream bike.  Even when we save, we are scared of envious friends or companion or hackers or even the bank executives/workers/accountants who may want to swindle the money from the account we have with the banks.

Here's how crypto mostly BTC has helped to make sure that a dream can still be achieved without fear from regular banks, close friends or family or companions of hackers or scammers.

I think you are just being skeptical about converting your savings into BTC, or you might be thinking if it is wise to use BTC for buying a bike (especially a dream bike) I would love to know what bike you are trying to buy. Well, I was saying, you made the right choice. Because think for a second, the amount you are saving is in Fiat.

And Fiat is devaluing day by day (ok I admit month by month) and by 2025 those savings you have might become half of the value it is now. So, it is better to keep your savings in a deflationary coin. I mean in a coin which is a hedge against inflation and the value of your savings will not decrease if converted into BTC but increase and will give you profits over time.

Well, in all possible scenarios, the minimum I can say BTC will touch --> $70k, and in that scenario you buying of $750 worth of BTC (at which rate you did not mention, please share a recipient of the TX or just share anything that proofs you really bought BTC) Lets say you have around 0.028 BTC which by multiplying with $70k would become 1960$ (let's round off to $2k). And on checking the price of Yamaha R15 on internet I can say you might be able to buy this bike and if you would wait more for BTC to reach $100,000 then you will get more profit on your trade and your $750 will become $2,800.

It’s a motor bike. I thought this just some mountain bike while reading the title.

A motorbike is not an investment since it’s value decreased overtime due to its parts getting old and loose once use. You already loss half of your money the moment you purchased your motorbike and drive it home because you can’t sell it back to original price. Investment is by putting money in to something which you expect profit in the future.

In your case, your motorbike is a liabilities because aside from its value is decreasing, you will spend a lot of money just to maintain it in a good running condition regularly. Simply it’s just you dream motor bike but not an investment at all.

You can never buy such an expensive bike with this amount of investment. The price of the bike that you have given is much higher than what you have quoted. However, as Bitcoin increases, the money you invest will increase. Even if your money increases by 4x, you will not be able to buy this bike with that amount of money. According to my knowledge the price of this bike will be 5000$.
If you add your earned money to your invested money, you can buy the bike by adding some more money.

I believe @OP's dream of buying his hobby bike has a huge possibility to happen.  His investment of $750  needs to increase five times at least in order to buy the motorbike.  Assuming that his investment is around @ $27k  and the predicted ATH is around $160k, and @OP happens to sell somewhere around $150k  I believe he will be able to buy that bike.

Just have patience @OP, I believe you are able to buy that motorbike with your investment capital plus the profit in the next bull run.

I think you did the right thing, buy bitcoin is a great investment, and it's much better than the way of storing money when the money is just lying in cash or in the bank on deposit. But the main difficulty is to guess when bitcoin is at its minimum and that it starts to grow after you bought it. Now it looks like we are at the bottom, and I am sure that if there is a fall, it will be small after that bitcoin will show an increase in price, I am sure that you will come to your dream. The only thing to worry about is security, make sure that you have antiviruses on your computer, you use a reliable good bitcoin wallet and store the key phrase in safe places.

Surely you can also start trading with the money if you have invested, although you have a dream of buying a bike I prefer you to do the trading with this amount even if the bitcoin might get doubled. I don't think buying a bike having the only money is a good idea. If you need it then you can go for it. But if you think without a bike you can pass your time easily, then trading would be a better option for you.

And when you though and have some positive vibes about the bitcoin halving then you should wait for it for about a year, you will see your success in one year if you have a good fortune.
But 750$ is less amount as buying bitcoin, good for the long term you can earn through it. Sometimes, if a person has good skills and a good fortune he can go to the highest ranks.

He can buy that bike, if his investment of $750*4=$3000 because on checking the price of this bike on the internet, which is around $2,000 if that is not out of date, then the OP can easily buy that motorbike with the profit of $4x. I don't know on what basis you are saying the Bike will cost $5k but I am saying on the basis of this website's price tag https://fasterwheeler.com/us/bikes/yamaha-r15-v3-2023-4088

I hope you have some sources to back up your statement. Your last statement is so obvious because he will only add the money in savings which he had already earned what so suggestable in that. And he/OP made the right choice of saving the funds in the form of BTC because BTC is a hedge against inflation and many members have already said that.

And I hope the OP would be aware of it too. In fiat, his savings will be gone or become half but in BTC the savings will give him profit. But my suggestion for OP is, to save some funds for emergency too, because it is the best practice.

You are the example that something must be done with their BTC (Sat), and many do not have the slightest idea about reinvestment, asset purchases, etc.  They just want the price to reach the other ATH.

Consequently, when it reaches that ATH, the wait for the other ATH begins, but they never ask themselves how far I want to take my investment.

My opinion; you have to consider a secondary financing alternative for the equivalent of that asset you are buying, since it is possible that with another type of approach you will hold BTC (Sat) and be able to get the Motorcycle.

I emphasize it; you have a plan and a specific objective, which "many" they never get to have when they buy their first bitcoin (Sat ) and you have it. (so qualifying your action is nobody's business)

I think buying bitcoin to hold for a long time with the OP's $750 will be better and less riskier than trading the money since the OP clearly shows that he doesn't have any knowledge about bitcoin or crypto trading; if he intends to trade the money without trading experience and skills, he will lose the little he has saved and his dream will be shattered.


In my opinion, no amount is too small for a bitcoin investment, and $750 is a lot of money in my country that can buy me a bike but is not the same as the one the OP displayed in the post. Therefore, investing that amount of money against halving is a good idea, and I am sure the OP will see the benefit of doing that.

Well investment is certainly your choice and you can definitely use it as you like. But using myself as a subject here I would not invest in Bitcoin to buy a bicycle this are things you can get by just saving in Fiat. Crypto-currency is very volatile and unpredictable and you may not achieve your goal in time.

Although I don't believe in investing in crypto-currency like Bitcoin to just change it back to Fiat, the future of finance cannot be at your finger tips only for you to let it go.

OP - I think you have chosen the right investment asset this time. Bitcoin allows you to get 3x to 5x profits in the next bull market and if you really want to get those profits, hold your bitcoin. Of course you can still accumulate and continue to grow your portfolio with bitcoin - but don't spend your entire budget and profits just to buy something that will lose value over time.

Over time I hope you can change your mindset about financial planning. You should think about something that can make you financially independent instead of just fulfilling your desires on one goal, so consider some suggestions as long as they are constructive for you.

Although no one can predict the future market situation of cryptocurrency with a hundred percent guaranty. But if we analyze the situation after the past halving situation, then we have to say that there is going to be a bullrun or positive effect in the market in 2024 and then in 2025. And since your investment is for the long term, I think you have made a good investment.
Anyway, I would like to give you a suggestion that you have currently invested $750 in Bitcoin, no doubt it can be tripled or quadrupled in Bitcoin, but I will tell you that through a proper DCA management, you can invest a certain amount from your salary every month or every week.  By doing this, I hope your profit amount will be more increase in the future. And with that I would say that you should also know about these privacy protection issues.  :)

For the fact that I am advocate of adult mobility I encourage ops to save up to buy his dream bike since the buying of that bike will aid his mobility properly,  it made a whole lot of sense to also be sure of the region where ops is to determine the value of the bike,  like those in China,  where there are several product alternatives which help reduce the total amount of cost of such dream bike,  but then ops should also make provisions and savings for it maintenance.

In most places around the world that amount of investment in Bitcoin won't give you a brand new of that class of a power bike will come to around $2000 even in China unless either the ops want to add extra money to his investment al ng the line,  or going for a second owner bike which won't be a good idea.

Well @OP is contented to buy his dream bike and with the calculation you had given, it is enough to buy his dream bike with some little extra.  I think after hitting his target, @OP will plan for another goal and start investing with it again.  I think @OP's approach is way more practical and realistic than many of us where our target is to become rich with just a thousand dollar investment.  ;D


One good thing in cryptocurrency is that it has a very low capital entry.  One can enter for as low a $10 or less and go forward with DCA-ing.

First of all, congratulations on your Bitcoin investment. It's wise that you chose a safe option rather than gambling away with random tokens. Although your investment is still relatively small, as others have already mentioned, it is capable of yielding x3 or even x4 if a new ATH is reached. So it's not by any means unreasonable to hope that in a few years, you'll be able to go ahead with your purchase.

On top of that, if you keep purchasing Bitcoin, even in minor amounts such as $10 or $20 per week, you'll be tremendously increasing your chances and earning potential in a few years. Stick to your initial plan and keep going; you'll slowly get there.