Sell car for Bitcoin

[Starkick]

I don't give us any decide because firstly need to decide what your friends want to him then can. Basically now bitcoin price huge down if we have to hold bitcoin then we will getting more profit.so if she/he have good knowledge about crypto world then he/she can do that selling car and buy bitcoin.

The point is that he's not very good specialist in crypto. He thinks that it will simply work for him. But maybe in some time he'll turn on his head and start learning how to trade in order to rise his income.

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[Starkick]

I think this is risky but risk is the key of success. no one can't predict what's going on next.but we know that bitcoin is unstoppable. right now price is down but we hope bitcoin rise again.so your friend can invest in bitcoin.

I think it may probably work like a poker game. It's all up to your luck and if you don't do all-ins you'll never win a big amount of money.

[bajingluncat]

it's like suicide, reaching the price of $ 500,000 sounds like a dream, seeing the reality now the price of btc is only around $ 6,000, I believe more that this is the time btc achieve price stability, see the market now price fluctuations are getting smaller there is no big leap, I do not know this is a game or one way to make btc as a whole currency and not an asset for investment anymore, if your friend does that now, it is too extreme, from where he can meet his financial needs even though meeting financial needs is absolutely necessary, what is your friend will fast all year? may hope, but don't dream of mastering your common sense

[Starkick]

Nobody can determine when the price of BTC will rise high and when prices will drop or when prices will remain stable, because everything is only predictive. Everyone has a choice of how to buy bitcoin or invest in bitcoin. Even though it sounds like it doesn't make sense about what your friends are doing, hopefully you get good luck and get the benefits that you want.

Then why do some "experts" write predictions like this? They only force such people like my friend to sell everything and invest. But everyone who can think understand that the price won't be so high..

[ToyotaFortuner]

if you only sell the car you have to buy bitcoin and have bitcoin I think that is a very stupid thing because you can get bitcoin without having to sell your car.

[Starkick]

a decision that isn't too bad I think. but I do not recommend that kind of thing. if for example we sell what is not necessarily it will also be better. but some people sell everything to buy Bitcoin and give up what they have. I hope bitcoin will improve

I hope that it won't fall more at least in order to have an opportunity to get your money back not losing much.

[Starkick]

I think this man blindly believes in Bitcoin. I believe in it too, but still not selling my car and house. I choose to invest only part of my money which I can afford to lose.

That's the normal way of being and I asked him to do like you do. But he wants to gain much more and it's impossible with small amounts of investments.

[Starkick]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

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

Honestly, i respect your friend's decision to sell his car for bitcoin, but in my own preferences i think its not that necessary to sell your car to invest in bitcoin, because when the price is going to drop, and you're facing the disadvantages it will be a big loss for your friend.

Of course there's always a big risk of losing money but he kindly believes that he will earn good money on it.

[Starkick]

if you only sell the car you have to buy bitcoin and have bitcoin I think that is a very stupid thing because you can get bitcoin without having to sell your car.

Of course he can buy Bitcoins for 500$ for example but it's nothing in comparison with a really big money.

[Ronyx]

Do you think that taking advantage of bitcoin is like turning your palm easily. You must be able to understand bitcoin, and the market is still too fragile and it is very unlikely that bitcoin will reach 500k this year.

[fipper]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

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

confidence may make people do not hesitate to do anything but if the risk that will be obtained is large, it requires considerable consideration because we also know the nature and risk of cryptocurrencies.

[eann014]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

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

This is not a good idea to invest all his assets to bitcoin, and prediction is just a prediction and there is no assurance at all, no one can predict exactly what will happen in bitcoin, and in my opinion $500,000 is too far from the price of bitcoin as of today so for me this is impossible for the year 2019 to make it possible. $10k can be possible but $500k is not, and don't expect all his profit in bitcoin. He needs to still work for his daily needs and expenses.

[Starkick]

Do you think that taking advantage of bitcoin is like turning your palm easily. You must be able to understand bitcoin, and the market is still too fragile and it is very unlikely that bitcoin will reach 500k this year.

But there are too many of those who don't want to learn much about crypto market as they think their money will work for them somehow.

[poletando]

your friend is insane, I think if they know about the risk of the bitcoin and other cryptocurrencies they wouldn't sell their car for just to buy bitcoin and other currencies, I think the good way they just use the small amount of his money to involve in bitcoin and cryptocurrency

[Starkick]

Yes we know this months bitcoin and altcoin price is so low, so best time to buy. I also trust end of 2019 bitcoin price will go to the moon, but sell car for invest in bitcoin, that so risk. ya all people have individual thoughts, and he already think about that, so go on. Maybe if i have car like your friend and market so low like this, i think i will follow his step. But stop working, i think that not sense. We must always work

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

[Starkick]

your friend is insane, I think if they know about the risk of the bitcoin and other cryptocurrencies they wouldn't sell their car for just to buy bitcoin and other currencies, I think the good way they just use the small amount of his money to involve in bitcoin and cryptocurrency

But then he will not earn very much and he wants to become a very reach man

[Nolimitz84]

Your friend's risky, but his decision is correct. The machine will eventually rust,bitcoin is not) And the machine will become cheaper and bitcoin will go up.So let the other suffer and like to walk,but then it will be to fly the plane)

[West0813]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

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

If you always believed on the predictions that are coming out. I believe that you will lose your money. Bitcoin is great but I don't think it can reach the value of $500k per bitcoin.

[ganjasmokingg]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

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

I think that such investment is really not safe at all because it is uncertain and unreasonable. Because it's just a guess, no one is sure the btc price will rise or not. and he will have to suffer for a long while while the car can help him make money so I think such investment is very risky

[Dolarin]

Oh, my God.... Because of people like your friend, others think bitcoin is a fraud. Even if bitcoin reaches $ 500,000 in 2019, selling the machine it uses for work is a very stupid step.