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Bitcoin => Bitcoin Discussion => Topic started by: puradak on December 17, 2023, 04:24:49 AM



Title: I finally sold my computer and bought bitcoin. I don't regret .
Post by: puradak on December 17, 2023, 04:24:49 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Poker Player on December 17, 2023, 04:27:26 AM
Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: puradak on December 17, 2023, 04:31:30 AM
Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?
Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Mr. Magkaisa on December 17, 2023, 04:58:40 AM
I sold my computer and bought about 0.06 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

         -  0.06 btc, you sold your computer? If I total it at the price of 42k, you sold your computer for 2520$, and for sure, when you sold it, it was second-hand. If what you're saying is true, it means that when you bought your computer, it was more than $2520, which could be double the brand new cost of the computer you sold.

This is my honest opinion and review of what you are saying. First of all, the story is unbelievable. You mean you bought a brand new computer laptop for more than $5,000? I am not a rich person, but I am not ignorant. Let's assume that what you say is true. That kind of decision is not bad if you allocate what you sold in Bitcoin and then hold it until the bull run.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: puradak on December 17, 2023, 05:12:19 AM
I missed one 0 lol
Nobody said you are ignorant


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Cantsay on December 17, 2023, 05:14:27 AM
I sold my computer and bought about 0.06 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

         -  0.06 btc, you sold your computer? If I total it at the price of 42k, you sold your computer for 2520$, and for sure, when you sold it, it was second-hand. If what you're saying is true, it means that when you bought your computer, it was more than $2520, which could be double the brand new cost of the computer you sold.

I believe he sold it for more than that, read the “for the rest of the money I saved them in my bank account”

I had to do a search of “most expensive laptops” and surprisingly some of them fits into the category of Op’s laptop because if he was to sell a used laptop for more than $3,000 then it should cost way more than that in its new form.

And if you were able to get a laptop like that in the first place then it shouldn’t be a problem for you to save money to buy bitcoin without having to sell off your properties. Not sure, but will you be willing to let us in on the name of the laptop you sold?

Edit:

I missed one 0 lol
Nobody said you are ignorant

Ooh now I was really surprised that a used laptop would cost that kind of amount I guess we know why now. 

Well congratulations on your bitcoin purchase.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Nheer on December 17, 2023, 05:14:34 AM
If you think this is the best thing for then Good for you because no one can decide for you what to do with your money or properties.

I hope you didn’t invest due to FOMO and i hope you are aware of the risk involved in cryptocurrency because it is not a get rich quick scheme. Also, hope you researched properly on the best choice of wallet and how to securely store and safeguard both your private key and your coins because you are responsible for them.

In case you haven’t this should be helpful to you

[General] Bitcoin Wallets - Which, what, why? (https://bitcointalk.org/index.php?topic=1631151.0)


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: 2Pizza410000BTC on December 17, 2023, 05:37:12 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
If you decided to sell your computer and invest in Bitcoin then I'd say you didn't make a bad decision. Because if you don't need a laptop, it is better to sell the laptop and invest bitcoins. But I want to tell you keep your investment for long time increase investment gradually hope you will definitely succeed.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Silberman on December 17, 2023, 05:39:39 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
Your last statement worries me a little bit, selling a spare asset that depreciates over time to buy one that does the opposite is a good move, saving some of your money and keeping it in reserve is a good move too, but when investing in an asset you need to be completely convinced about what you are doing, because if you are not then this could easily make you to take a bad decision if we get to experiment a correction on the next months.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: boyptc on December 17, 2023, 05:47:17 AM
If you think that it is right then I'd say congratulations to you. As long as you are satisfied with that bud, then that's totally fine for you abd you do not need anyones confirmation if you did it right or wrong.

So do not say that you hope you did the right thing because in your title, you say that you dont regret.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: TimeTeller on December 17, 2023, 05:53:55 AM
If you think that it is right then I'd say congratulations to you. As long as you are satisfied with that bud, then that's totally fine for you abd you do not need anyones confirmation if you did it right or wrong.

So do not say that you hope you did the right thing because in your title, you say that you dont regret.

In the first place, it is his money. So whatever he will do with it, is up to him.
So long he is not blaming anyone for walking that path of going into this market.
Also, I am hoping he has other gadgets to do his online transactions and others.
Because if you have other alternatives, that's not a problem at all.
The value of laptop can easily go down, but the potential of btc is quite high but risky.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Odohu on December 17, 2023, 05:57:17 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
If you need to sell your computer to buy Bitcoin, I'm afraid you will not be able to hold the Bitcoin for long. I don't know how you arrived at such a decision but I know that computer is a necessity for a young guy especially in our generation. Unless you have another computer.

The best thing to do would have been to start small with any amount you can afford to hold for long, even if it is $10 per week or month, let it be what you can afford to hold for a long time without being under pressure to sell. At a situation like yours, if you encounter any emergency that requires money, that Bitcoin may be the first thing to consider for sell.

To benefit the most from Bitcoin, it is always advisable to imbibe long term approach and that will only be possible when you have made provision on how to fund your needs outside your Bitcoin portfolio.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: SquirrelJulietGarden on December 17, 2023, 05:59:17 AM
I sold my computer and bought about 0.006 bitcoin.
I hope you have other computers, laptops, devices to use.

0.006 BTC is not too much and you can work to have money for buying that amount of Bitcoin.

After selling your computer, buying bitcoin, where did you store it?

I hope you did not store it on a centralized exchange or an online account.
Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)

Choose your Bitcoin wallets (http://[url=https://bitcoin.org/en/choose-your-wallet)

I recommend Electrum wallet but verify what you download.
[GUIDE] How to Safely Download and Verify Electrum (https://bitcointalk.org/index.php?topic=5240594.0)



Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Samlucky O on December 17, 2023, 06:29:59 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
I don't think it's the best option. Don't misunderstand the concept of buying bitcoin and hold. It doesn't mean you must sell your most valuable asset to buy bitcoin. I think bitcoin investment is for more matured minds whom have a tangeble thing doing, that generate a steady means of income which you can be investing little by little rather selling your computer and invest. If you don't have a business that brings money to you, I think you will still sell your bitcoin to use the money for other porpose. Except otherwise.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: kentrolla on December 17, 2023, 06:41:31 AM
As this was a spare one and you still have another one to keep you updated and stay connected online I would say this is a good move as the value of Bitcoin will have appreciation wherein laptop or any other electronics will only have depreciation in it's value.

Until we have a backup we can do this but not foolish decisions like you have only one laptop but sold it for BTC.

Now, just hodl it until the peak of Bullrun which is speculated post halving in couple of months. It's more difficult to hodl BTC than acquiring one.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: bluebit25 on December 17, 2023, 06:44:40 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
I wish you the best in your own life, but I still want to share about your holding plan. Think carefully about the strategy you want to use to approach this market. Because here I also see many individuals selling their personal assets or borrowing to be able to buy bitcoins, don't consider it too forced to own bitcoins because the main issue is life balance. Because I understand that at some point, when the investment becomes profitable, it gives them the conditions to pay for many other things in life.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Assface16678 on December 17, 2023, 06:46:49 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
I don't think it's the best option. Don't misunderstand the concept of buying bitcoin and hold. It doesn't mean you must sell your most valuable asset to buy bitcoin. I think bitcoin investment is for more matured minds whom have a tangeble thing doing, that generate a steady means of income which you can be investing little by little rather selling your computer and invest. If you don't have a business that brings money to you, I think you will still sell your bitcoin to use the money for other porpose. Except otherwise.
Well, even if we said that, it's too late. He already sold the computer; now I think he only has a smart phone for him to do cryptocurrency stuff, and I think I said in his last post that selling his computer is not a good option if he needs it for his studies or bitcoin investment. But yeah, he already did; now the problem is, how can he grow the fraction of bitcoin he has? I hope the OP knows how, because even if you don't have a regret now, if you didn't do well in bitcoin, then there might be a regret you will feel, but of course we don't want that to happen. I guess it's good luck for your investment journey. I hope you earn from investing in bitcoin and bring another computer for your reward.

Lastly, I think it's a better option if you don't sell your computer and just find a freelance job or sideline for your bitcoin investment, but I think you want to buy bitcoin immediately, so that's why your only option is selling your computer.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: KiaKia on December 17, 2023, 06:56:18 AM
Its better to DCA than to sell something to buy Bitcoin, you will panic if the value dump on you weeks later, I am thinking you have no source of income because if you do you won't sell your PC.

Also is your PC a higher end? I am wondering why it cost this much and also its already a used PC, isn't it?

Anyway, congrat on your first purchase, this amount won't do much great, I suggest you keep buying while you can before the 3rd quarter of 2024, the higher the BTC you have before this time the better your wallet will look when BTC reach new all time high.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: davis196 on December 17, 2023, 06:59:16 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

It seems that everyone is optimistic about the Bitcoin price and the forum got full with Bitcoin noobs posting meaningless forum threads. ;D
OP, nobody gives a damn about what you sold and how many BTC you have bought. Just do your thing and good luck with your Bitcoin journey. This is a really tiny amount of BTC. Do you expect to become a millionaire overnight by making such "grandiose" Bitcoin investment?
Just keep HODLing your coins and don't panic, when the price crashes(it will crash sooner or later). Don't get involved into any "crypto investment" schemes offering your ridiculous profits and don't get involved into crypto day trading. If you keep this advice you will be fine.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: taufik123 on December 17, 2023, 07:41:07 AM
In order to be concrete proof that you are selling the computer, can you embed a link to the computer image sold.
It takes a visual appearance for there to be proof that you sold your computer and also bought an amount of 0.006 BTC.

Want to sell whatever it is the decision of the owner of the goods and start investing in Bitcoin.
I've even sold my bike to invest in Bitcoin in the past.
Long-term holding will certainly be worth it, but 0.006 BTC is still very minimal enough, you need to do DCA if you have other funds later.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Adbitco on December 17, 2023, 08:02:10 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
0.006BTC at least with the current price of $42,000 we can figured out to say is about $252 if I am not mistaking and how do you intend to keep some percentage in bank knowing too well it doesn't yield any profits to you instead why not put all in bitcoin investment. Again how do you plan to live without another device to replace your computer because at some point you needs computer or smartphone to be able to access your wallets.

Usually I won't encourage anyone to save money in bank why because it's value always depreciate at some point you would be charged for keeping your money in bank why not just leave all in BTC. As few already suggested do you mind sharing some photos of your sold computer?


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Jegileman on December 17, 2023, 08:20:04 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

What you did is not wrong since you are okay with it and invested part of the money into bitcoin. What is wrong to do is living an uncomfortable lifestyle because you’ve invested all of your money into bitcoin, some cases are manageable but if it not, it would be better not to do that. Well, congratulations on your bitcoin purchase, you should try and hold it for a long term (till bull run), so that you can make a lot of profit from the sale of it by that time.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Omahabit on December 17, 2023, 10:55:46 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

I don't know why you choose to sell your laptop to invest in Bitcoin, but the question is do you have other gadget, if you have they is fine, because it will definitely pay later for longtime investment.

For the remaining money, I think is best to focus DCA to invest more rather than saving it in the bank. Thos will help you add value to your portfolio, note money save in the bank is not a portfolio rather a liability either to the bank or you.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Bananington on December 17, 2023, 11:11:20 AM
The decision is right, but hope you wouldn't just leave the coin dormant in your wallet without thinking to add more or trade with it.
One of the first lessons is to not use money you don't want to loose when it comes to trading, it also applies to your who have been brave enough to take the first step in acquiring BTC assets.

You testimony of interest and action will help others take same bolder steps to secure their own investment in cryptocurrency.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: CryptopreneurBrainboss on December 17, 2023, 11:32:53 AM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

If the laptop wasn't useful to you then you made the right decision and all you have to do now is to hodl and not panic sell when the market is experiencing a correction. Many people have sold their property in the past, some regretted but others had a successful end result for using the money they made from the sold property to invest in Bitcoin. It's also a good thing that you still have some money left and you kept them in fiats with the banks.

That'll be the money for your expenses and it'll make you not to sell your Bitcoin when you need cash. Secure your Bitcoin in a hardware wallet and hodl for after the bull run as we expect the price of Bitcoin to reach a new milestone that would be a new ATH. If you don't have a job then go look for one as you can't keep selling your property to raise fund for your investments, get a good paying jobor multiple hob when you can't find one good paying one.

They can be jobs on the net or those offline and use that job to raise capital for your next investment or DCA more into Bitcoin so you can own more quality of Bitcoin. You have a decent number already but when you see the profits from the Bitcoin you own, you'll want to buy more and if you're careful, you might sell everything you have just to fulfil that desire that's why I'm recommending you get a job if you don't have one to serve as a means of you getting money for your investments and other expenses.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: oktana on December 17, 2023, 11:35:45 AM
I’m happy for you OP. One of the things that makes me happy about this is that you took your time to think it through and didn’t just jump it carelessly. This is what I call calculated risk. You had to consider what you were going to lose vs what you will get. And it’s obvious that you see the potential in Bitcoin. Also, it is smart that you didn’t invest everything but have some in your bank. This is realistic because you’ll definitely have needs and wants and you wouldn’t want to touch your investment. Best of luck!


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Churchillvv on December 17, 2023, 12:14:51 PM
Since you said your in college and you have a spare Samsung laptop good for you. well congratulations on your first purchase of Bitcoin. maybe that's the best decision you could think of right now to be part of Bitcoin imo it still a good one.

I just hope your making the right choice not to regret any action towards Bitcoin investment. now you have a seed planted it will be very good of you to water it regularly via DCA, As a college student your keep up money can serve as your water to increase you stash.

At the end nobody gives a fuck about whatever you do but don't fuck yourself trying to impress the forum on your purchase buddy.

Its better to DCA than to sell something to buy Bitcoin
Yeah your not wrong either but he said his a college student and at that can only DCA if his receiving a regular income to DCA on a weekly or monthly basis.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Outhue on December 17, 2023, 01:25:54 PM
OP this is something not many people will tell you on here, you can't get rich selling your computer for Bitcoin, its the harsh truth mate, you need to invest a lot of money either through income or constant DCA, reading your post it looks like you are making less money or you are not even working yet, people like you won't have a big change for them even if Bitcoin hits 100,000.

You still have time right now, don't expect to sit on that thinny BTC and expect it to turn into millions, its never going to happen, start buying more right now to increase your chance of making more money, even those who are investing $100 monthly are not planning to make a lot, its all in the amount.

Even with $10,000 in Bitcoin you still won't make a lot, maybe $50k or in that range and that's it, so if you aren't making a lot of money you should have keep your computer and use that to learn a way to make some income online, its possible, but its your choice.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Essential10 on December 17, 2023, 01:31:58 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
We often leave expensive electronic devices at home unused. You made a right decision to invest in BTC instead of leaving such valuables at home. I think you have decided to buy Bitcoin at the right time. And in a few months Bitcoin halving is supposed to happen and the price of Bitcoin can go up a lot. So I would say invest more if you can and hold it for longer. I hope your investment will be successful in future.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: puradak on December 17, 2023, 01:39:39 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

It seems that everyone is optimistic about the Bitcoin price and the forum got full with Bitcoin noobs posting meaningless forum threads. ;D
OP, nobody gives a damn about what you sold and how many BTC you have bought. Just do your thing and good luck with your Bitcoin journey. This is a really tiny amount of BTC. Do you expect to become a millionaire overnight by making such "grandiose" Bitcoin investment?
Just keep HODLing your coins and don't panic, when the price crashes(it will crash sooner or later). Don't get involved into any "crypto investment" schemes offering your ridiculous profits and don't get involved into crypto day trading. If you keep this advice you will be fine.
I don't invest in bitcoin to get rich overnight. Why judge a person at your disposal?
You joined the forum in 2015. I envy you. You could have bought Bitcoin at a very cheap price. But I was an elementary school student at the time and didn't know about Bitcoin. Now I know Bitcoin. I'm still a student and don't have much money, but I wanted to invest in Bitcoin. Don't be so sarcastic at me like that.



I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
We often leave expensive electronic devices at home unused. You made a right decision to invest in BTC instead of leaving such valuables at home. I think you have decided to buy Bitcoin at the right time. And in a few months Bitcoin halving is supposed to happen and the price of Bitcoin can go up a lot. So I would say invest more if you can and hold it for longer. I hope your investment will be successful in future.
I'm a 19-year-old student studying in college and I don't make a lot of money yet. I'm saving Bitcoin with the little money I have because at least for me, bitcoin is  very good investment. I'm not even trying to get rich overnight with Bitcoin. You might sit down and think about getting rich with a little bit of bitcoin, but I don't think about that. I'm quite busy preparing for exams. Well, your advice doesn't mean anything to me, because I don't look at Bitcoin that way.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Jawhead999 on December 17, 2023, 02:38:13 PM
You're not regret because it just few days after you sold your computer, it's not even reach a month or a year where the Bitcoin price might fall 50% of your initial capital. So let's see what the next thread you will create when Bitcoin price move opposite of your expectation.

It seems that everyone is optimistic about the Bitcoin price and the forum got full with Bitcoin noobs posting meaningless forum threads. ;D
OP, nobody gives a damn about what you sold and how many BTC you have bought.
I think he need to create a dedicated self moderated thread about his journey with Bitcoin instead of creating one by one. :P


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Sim_card on December 17, 2023, 02:51:01 PM
OP, I don't have any reason to doubt you because it is your laptop and you have every right to do whatever that you want with your property. Also you said that you have a Samsung laptop which you are currently using, it means that the one you sold is not that useful to you, and I will say that it is a good idea. I hope that you will not sell your bitcoin investment in a rush if there is a little dip below your entry point. The last thing that I have to say is that you should use the money that you kept in the bank to buy bitcoin weekly or monthly in different time, that is if you don't need the money at all because the bank will not give you any profit for keeping your money lying idle there and fiat depreciates. This is why you should buy bitcoin with it by sharing them into equal parts and buy using DCA.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Lorence.xD on December 17, 2023, 03:07:05 PM
Not sure if you are being FOMO that causes you to sell your laptop, well, I don't blame you since Bitcoin keeps increasing its value. You have replied that you have sold the laptop as the one you are using in college, it might affect your studies as you would only have a cellphone for any online stuff you would have to do unless your school has a computer for students. I'm not disagreeing with your idea but I'm even supporting you with your decision, just have a plan and target price to exit cause with that amount you could already profit for months or years of holding. Good luck with your journey with Bitcoin as well as with your study!


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: pawanjain on December 17, 2023, 03:17:43 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

I remember your previous post asking if you should sell your computer to buy bitcoin. I had even posted saying not to do that and instead develop a skill on your computer and then use that skill to buy more bitcoins.
In fact, I read the other comments and many people suggested the same thing. I think you could have made more money that way.
But then again, it's your choice.

I'm 19 years old, living in Korea, and I'm thinking of selling a computer to raise money to invest in bitcoin. I think I can sell it for about $600. I get about $100 a month as an allowance from my father. $100 is only for personal use, not for living expenses. I've been using these $100s to buy bitcoin for a few months now. It's ridiculously small money, but I believe it could be quite a lot of money if I keep saving it steadily. Is selling a computer the right decision?

You are already investing $100 a month and I personally think it's a good start.
Don't sell your computer because you can use it to improvise your skills and then use those skills to earn more bitcoins.
Further more, you can learn more about bitcoin through your computer and so selling it would be a bad idea.
Keep exploring instead of selling your computer.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Lucius on December 17, 2023, 03:33:46 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.


I'm 19 years old, living in Korea, and I'm thinking of selling a computer to raise money to invest in bitcoin. I think I can sell it for about $600. I get about $100 a month as an allowance from my father. $100 is only for personal use, not for living expenses. I've been using these $100s to buy bitcoin for a few months now. It's ridiculously small money, but I believe it could be quite a lot of money if I keep saving it steadily. Is selling a computer the right decision?

Please read the forum rules and do not open new topics if you can continue the discussion in the previous topic. If everyone opened only one topic every month with what they bought or sold, what would this forum look like?


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: nycfed on December 17, 2023, 03:44:44 PM
Well, not very a smart financial decision, considering that cryptocurrency can crash at anytime, especially bitcoin. You never are truly aware on if your money invested will sky rocket, or if you’ll lose a shit ton. I’m curious, how much have you spent on the PC? Hopefully, it should’ve been something you could financially afford, or you possibly had another backup PC/laptop, otherwise, not very a smart financial decision from you.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: flyingcarpet on December 17, 2023, 03:59:18 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

If you sold something you don't need, that's good news for investing. If you're selling something you use and need, I'd say it's a bad decision. We all want to have capital to invest, and sometimes we can obtain this capital by selling items we do not use or need.

Increase your investment amount gradually and do not put yourself in a difficult situation. When you wait patiently, you will see that you will make a profit.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: kryptqnick on December 17, 2023, 04:27:12 PM
Well, since the OP says that the op has a different, smaller laptop to use, I think it's not a bad decision. If you're in college (as one of the posts by OP claims), then it's not a good time to be gaming a lot anyway, and unless it's an area of specialization that requires a very powerful PC for something like 3D modelling or editing videos, I think a simple laptop should be okay. Nobody knows how high Bitcoin will rise and how high prices for PCs and other stuff will rise, but expecting around 2x-3x returns over the next bull market seems very realistic to me, based on how Bitcoin appreciated in value before.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: m2017 on December 17, 2023, 04:48:19 PM
I sold my computer and bought about 0.006 bitcoin.
Did you sell the PC for about $250? Or still for $2500?

This story would resonate with more forum members if PCs were sold directly for bitcoin. This is a note for you for the future.

I hope this decision is right.
Who knows. Maybe you should have left the PC and worked on it, which would have allowed you to earn more than 0.006 bitcoin.

"I finally sold my computer and bought bitcoin. I don't regret." - are you waiting for our approval or praise?


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Ndabagi01 on December 17, 2023, 04:59:50 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

You made the right choice, OP, and I hope you will save it for the long term in order to profit greatly from it. The bull run is rapidly approaching, and if you've invested against it, I believe you've made the right decision for yourself, and you'll reap the benefits of your decision you have made now.

I remember your previous post asking if you should sell your computer to buy bitcoin. I had even posted saying not to do that and instead develop a skill on your computer and then use that skill to buy more bitcoins.
In fact, I read the other comments and many people suggested the same thing. I think you could have made more money that way.
But then again, it's your choice.

Everyone does what they believe will work best for them, and in his case, he prefers to sell his computer in order to invest in bitcoin. I'm sure he gave it a lot of thought before making this decision. His computer may not have made him as much money as he did when he sold it to buy bitcoin. He must have considered and desired to learn a skill through his computer, but it may take some time for him to earn much more money than he did by selling the computer. It is his decision, and I believe he made the best decision for himself.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: coupable on December 17, 2023, 05:00:51 PM
Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?
Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.
So you literally sold one of your computers and not your only computer. Assuming that your story is correct, I find it strange that you ask about the feasibility of the plan after you have done it and finished, and not before that.
I will ask you a question: What if the majority here told you about the stupidity of your plan (especially if you actually sold your only computer), would you change it? Frankly, I do not imagine that, and all I can conclude is that you came to raise this topic looking for confirmation and not a real request for advice.

In general, it can always be said that it is never too late to invest in Bitcoin, no matter how small the amount is, but never forget the golden rule that says, “Never invest in what you cannot lose.”


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: samuraijin on December 17, 2023, 05:09:31 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

You have made the right decision, we have entered the Halving for next year. Hopefully your business selling your computer will be beneficial for your future, at least the money used will not interfere with your needs in life because it will harm you in the future, at least you can separate which money is needed and which is money for investment, because there are several experiences of people like you who sell their goods to buy Bitcoin, but they don't have money for living needs and the proceeds from the Bitcoin they buy are resold for living needs, at least there is a separation for investment and for living needs, as you mentioned, buying so much Bitcoin and saving it in such an account is a good decision for you to manage your finances..


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: JunaidAzizi on December 17, 2023, 05:10:39 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of the money, I saved it in my bank account.
I hope this decision is right.
The decision is only right when you have an extra PC for work if you have not then I think this is not the best decision. I saw many people who love Bitcoin and want to invest in it to gain profit but with the lack of capital they did not do this, some also fall in that category but they have some things and they sell it and invested in Bitcoin,  a few days ago a person on this forum has also invested in bitcoins by selling some cows from his father farms. There is nothing bad in this if you have something that is extra or does not make any burden if you sell it same is with you,  you have nothing apart from and you sell it.  Hope you will gain the goal from which you sell your computer. 


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Raflesia on December 17, 2023, 05:14:06 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
With the current conversion it's worth at least $252 and that can be assumed to be pretty decent for a move like the one you're making right now.
You don't regret what you did that's all that matters but on the other hand I would like to ask if it's unused then it's not a problem especially if there are other options like laptops or tablets that support it I don't think it would be a problem but if it's your only tool then I think it's a bit overkill.

But whatever it is, I think your decision is final and you sold it without hesitation to buy bitcoin and I quite appreciate the effort you put into this as long as you think it's important and better then that's good.



Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Ale88 on December 17, 2023, 05:45:28 PM
Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?
Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.
If you just need a computer for college, and you even had 2 computers, then I would say you did a smart thing. If everything goes as many of us expect you should be able to buy a way better computer in the next 24 months, or anyway your investment will grow. For sure it's better than keeping a second computer that would only keep losing value day after day. Now you just need to hold and don't trust all the FUD.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: AbuBhakar on December 17, 2023, 06:00:07 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of the money, I saved it in my bank account.
I hope this decision is right.
The decision is only right when you have an extra PC for work if you have not then I think this is not the best decision. I saw many people who love Bitcoin and want to invest in it to gain profit but with the lack of capital they did not do this,


The computer he sold is just a spare computer since he has a laptop according to his reply on the first thread.

Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.

Selling something valuable that is already redundant is really a good idea to get a quick capital for investment. I have a spare motorcycle too that I sold last bear market just to buy the dip and now I manage to purchased brand new one using my profit.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Dr.Bitcoin_Strange on December 17, 2023, 06:51:23 PM
If you actually had no use for the computer you sold, then it's not a bad decisions to sell it and use the money for your investment. I am wondering why you did not sell the laptop at the early month of this year, so that you would have bought Bitcoin when the price was still around $21k. If you had taken this decision then, you may have bought 0.01 Bitcoin the same amount you spend in buying 0.006.

If you actually invested so that you can earn some profit during bull market, you will not get a very significant profit because the invested amount is a bit too small. If you are expecting a huge profit, you should accumulate more Bitcoin but don't sell off your belongings to invest.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: goldkingcoiner on December 17, 2023, 07:03:56 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

Selling something you do not need and putting the money into a wise investment. That is exactly the kind of thing that I like to see. Good job. Now the most important part is to hodl. Do not sell on a loss, even if there is a moment in which panic is justified. Trust in Bitcoin and you will find that trust to be rewarded in the future.

In fact, if I were you, I would forget about the Bitcoin for a few years at minimum and find something else to distract myself with, otherwise you will end up looking at the price chart thousand times a day until you eventually panic-sell.



Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Hamza2424 on December 17, 2023, 07:34:44 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

Haha, what a weird decision.

Do you have any other resources to access the information more efficiently, except your smartphone? If yes maybe your decision is right maybe, but I'm sure it's not a wise decision at all.

You better provide some kind of service to earn much more Bitcoins compared to the current amount you've bought.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Dzwaafu11 on December 17, 2023, 07:54:48 PM
~~snip~~
Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.

But if I were you, I wouldn’t sell the laptop; rather, I would find another way to make money and invest in bitcoin since you will have the use of the laptop you sold out for investment and you know the investment cannot generate profit in a short period of time. What is the essence of selling it to invest in bitcoin? It’s not a nice idea; to me, however, the laptop that will help you in college means you will use it for education, which is more important to you than investing in bitcoin right now, I think. I just hope the money you invested can be afforded to be lost. There are some topics similar to this, and all those people are investing because they see the price gradually rising.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Marvelman on December 17, 2023, 07:56:54 PM
OP, I gotta agree, it's kinda weird you're asking if that was a smart move after the fact instead of before, if that's right.
But besides that, I have to ask;  Why did you buy only 0.006 btc, and the rest of the money, as you say, deposited in the bank? You don't have the confidence to invest everything in bitcoin? That in my opinion would be a better solution. Money in the bank will only lose value over time.


Do you have any other resources to access the information more efficiently, except your smartphone? If yes maybe your decision is right maybe, but I'm sure it's not a wise decision at all.

He says he has another computer, a small laptop.

Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: bhadz on December 17, 2023, 08:12:06 PM
I hope this decision is right.
You said that you did the right call for it. Why people are this? When you're making some moves and it's already done and telling or asking us if you just did the right thing. Come on guys, you're all grown ups and you know how to make good and bad decisions. So, for this one, if you are wanting to own some bitcoin on your stash, just end it with a yes and you're satisfied with this purchase but sad moment that you have to sell that computer if ever it has some sentimental value. But then, soon, you'll be able to purchase another set again when the price goes up and this is going to be your next computer if ever you're planning to buy a new one again. Anyway, don't make it look like you're feeling sorry for what you did.



Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Issa56 on December 17, 2023, 08:13:27 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
I am not always in support of selling properties just because you want to invest in bitcoin. I just hope you are not making use of the laptop for anything, and I hope you have another laptop to learn about bitcoin. Everything is not about investing in bitcoin, but you should learn how to secure your bitcoin. After investing in bitcoin, you have to keep on learning. If your laptop is of no use to you and you have other devices to use, then it's fine. I even like the idea of you not investing all your money in bitcoin and deciding to keep some of it in your bank account.

I don't really believe most of the stories I see when they claim they sold their properties and invested all their money in bitcoin. I believe most of them are just fake. Some of them do create threads like that, hoping they are going to receive merit, but I still believe your story a little bit. I will just give you a piece of advice, don't sell your properties next time just because you want to invest in bitcoin, I don't really see it as a nice move.

We often leave expensive electronic devices at home unused. You made a right decision to invest in BTC instead of leaving such valuables at home.
Some electronics that you think are useless and keep in hope might be useful one day, so don't think everything you are not using currently won't be useful one day, and if you are planning to get it back, you won't be getting it at the price at which you sold it.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Su-asa on December 17, 2023, 08:16:05 PM
with my little experience here, I don't believe that selling your laptop to invest into Bitcoin is a good start, if you don't have the money to invest into Bitcoin you should just look for a better opportunity like business or something else that can be given you money steady without selling anything. If you sell all the properties that you have what are you going to sell again and invest in Bitcoin? Nothing
Bitcoin investment is not by force, it is good to invest but only invest what you can lose like it is said. However, why still save some of the money as fiat? Only that act shows that you don't trust bitcoin but you still sell your laptop to invest in Bitcoin, you know what? You will still need to that laptop if you have gone a long way into crypto currency, because you will need to install some wallets into the laptop and keep your coins there as laptops are the best accessory to install Bitcoin wallets like electrum.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: bocyaj on December 17, 2023, 08:21:12 PM

You have made the right decision, we have entered the Halving for next year. Hopefully your business selling your computer will be beneficial for your future, at least the money used will not interfere with your needs in life because it will harm you in the future, at least you can separate which money is needed and which is money for investment, because there are several experiences of people like you who sell their goods to buy Bitcoin, but they don't have money for living needs and the proceeds from the Bitcoin they buy are resold for living needs, at least there is a separation for investment and for living needs, as you mentioned, buying so much Bitcoin and saving it in such an account is a good decision for you to manage your finances..

The bitcoin halve will be expected to be occur in next year,So it may be considered as the better option to get into the bitcoin market.But you had missed the opportunity to buy the bitcoin at the bear market which occur in last month.From the month beginning,we expected to have the bull run.Since you already sold the computer to buy the bitcoin,you can stay with the decision.The bitcoin holding for the longer period was the essential one in the bitcoin trading,many traders buy the bitcoin by selling some assets.But they may sell the holding bitcoin for the emergency fund needed time,they are not ready to hold the bitcoin till the expected bull run.


But if I were you, I wouldn’t sell the laptop; rather, I would find another way to make money and invest in bitcoin since you will have the use of the laptop you sold out for investment and you know the investment cannot generate profit in a short period of time. What is the essence of selling it to invest in bitcoin? It’s not a nice idea; to me, however, the laptop that will help you in college means you will use it for education, which is more important to you than investing in bitcoin right now, I think. I just hope the money you invested can be afforded to be lost. There are some topics similar to this, and all those people are investing because they see the price gradually rising.

We should not sell our assets to buy another asset,because it won’t be the better option even though you lose can be recovered in the future.Instead you may save the money from your monthly salary every month.After a year,you will have the big amount then your computer sold money to buy the bitcoin.Since you had already sold,you should wait till the maximum increase in bitcoin price.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: The Cryptovator on December 17, 2023, 08:24:43 PM
When you are selling your assets and keeping a part of them in the bank, then it doesn't make sense. I appreciate your Bitcoin investment decisions, but I'm wondering why another part of the money kept in your bank account that won't give you anything. Or do you want to follow the DCA strategy to buy bitcoin? If so, then it was a good decision. Keeping money in a bank that doesn't give you any returns is just useless. But keep in mind: don't invest in Bitcoin that you can't afford to lose. So everything depends on your financial situation, actually. For investing, Bitcoin should be financially stable.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Viscore on December 17, 2023, 08:36:45 PM
Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?
Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.
Well, if you have your laptop for your studies, then probably selling your computer in exchange for bitcoin is a wise idea. However, since you bought bitcoin at a higher price, then make sure to hold longer your bitcoin so you can sell in the future at a much higher price, which means selling in profits. Just increase your bitcoin portfolio through DCA, that is if you have spare money to buy bitcoin.

Bitcoin is a high risked asset, so always invest at an amount you can afford to lose. Don't invest all in, most especially that you are still a student, having no stable source of income that will sustain your investment.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: Mate2237 on December 17, 2023, 08:38:18 PM
Lolz!! This fabrications are still existing? Well it is a good idea for you to buy Bitcoin and hodle I might not be interested for you selling a computer to buy Bitcoin because this is a old format in which people were using to get merit but the format has casy out and I am only interested on the part you bought Bitcoin and hodle for the next bull market and if only you even have any. And why did you think keeping the money in the fiat bank will help you and why didn't invest all in Bitcoin or are you planning to use them in a short period of time? If it is so then no problem. Because if you invest all in the investment and when you want to used it within a month Plus and if the the fee is still high then you can't make a transaction because only the fee might bigger than your total coins.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: sulendra12 on December 17, 2023, 09:22:43 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
I mean if you feel have no such thing as a regret with your decision, then I guess it's fine for you. Because I've read you also another laptop for your college then at least you have a stuff to work on your college journey, so best of luck for you there. But, the only odd part of story is that why you sold the computer tho? Even though it's money, but for me computer is really import and there is no way I'd sell that.


Title: Re: I finally sold my computer and bought bitcoin. I don't regret .
Post by: lalabotax on December 17, 2023, 09:50:30 PM
I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.
This is where the key is that you really understand what you are doing so that you are ready for all the risks and you will not regret it. If that's the case, I think it's the right decision to sell your computer and buy Bitcoin for investment and still save some money for your real-world needs.

What you need to do next is to be more patient and wise in making all decisions. Especially when the price of Bitcoin might fall next, so you can not panic and continue to hold Bitcoin until it matches your desired price.