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Author Topic: Sell car for Bitcoin  (Read 2020 times)
cc80aa
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September 18, 2018, 03:18:39 PM
 #241

oh my god honesty, you cannot sell anything used uncompromised money or extra money..
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September 18, 2018, 03:21:45 PM
 #242

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 salute the courage of your friend, who are willing to sacrifice vehicles for work operations in order to invest in Bitcoin, but have your friends known the risks of investing? I hope your friend has learned about Bitcoin investment and is also aware of the risks. because there are several topics about people who commit suicide because of the huge losses from their investments.
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September 18, 2018, 03:28:45 PM
 #243

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 a decision is taken and it must be thought carefully because the choice must be true we think according to the good of all if we save with money without having to sell the vehicle used to do this work a reality that does not harm us must be more observant in deciding something.
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September 18, 2018, 03:33:43 PM
 #244

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 if we were to sell cars to invest in btc it was very risky. We can not be sure that the price of bitcoin will increase or not. If he sells a car, he will be inconvenient for his main job that is a bad decision and uncertain. I think he should not do that
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September 18, 2018, 03:36:49 PM
 #245

I wish i can sell something real for bitcoin in my country, it is illegal.
In your friend's situation, i think he made a wrong decision. We cannot make sure bitcoin can reach 500.000 usd even 100.000 usd by the end of 2019. He should learn how to trade and invest.
BitcoinPanther
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September 18, 2018, 03:53:50 PM
 #246

People will really have different views on this. A fanatic might say he did the right thing and a conservative could just end up with a smirk on his face as if telling what a terrible mistake he did.

And i guess i'm a bit in between these two kind of people out there in bitcoin land. I do have high hopes. Researching and leaning on experts' opinion do always end up with bitcoin reaching a valuable high in the near future. Yet applying a bit of conservatism will never hurt, making me firm not to sell a property i already own (such as your friend's car) in hopes to gain even more. Practicality and sensibility would somehow dictate that i keep a valuable asset instead of wanting to hit the jackpot.

But i do admire your friend somehow, sometimes, risking it all means gaining it all.
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September 18, 2018, 04:00:05 PM
 #247

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.
someone who is willing to sell his car to buy bitcoin to invest, of course that person really believes that the price of bitcoin will grow even higher when they buy it at this time, even that person expects huge profits when bitcoin will rise again, even that person will will be able to return to buy a car again even better than the car it sells to buy and invest in bitcoin.

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September 18, 2018, 04:04:01 PM
 #248

I think that now it is better to keep btc because it is the best coin  ever having a lot of different advantages that make it the leader in the market of crypto today and it will be the good one forever

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September 18, 2018, 04:17:29 PM
 #249

To avoid losses due to a decrease in the value of Bitcoin, you can take advantage of cloud mining. Cloud mining is the process of mining Bitcoin that you can online with GHS units. From this process, you will get additional benefits from extra Bitcoin from mining. If you don't use it, you can sell the GHS again.
The advantage of investing in Bitcoin through trading is lucrative. But, before actually plunging into this digital currency investment, you need to understand the risks first so that you can anticipate when a bad possibility occurs.

If you trade via Bitcoin.co.id, you can set nominal limits to buy or sell Bitcoin. So, the process of buying or selling new will be executed automatically when the Bitcoin value moves to the limit that you have specified before. Well, if you don't have time to monitor Bitcoin movements in real time, this method can be used.
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September 18, 2018, 04:27:05 PM
 #250

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.

 Don't ever use this trick because it's very unhealthy for users and investor, and  I'm afraid that this trick will become a hobby of yours, selling things just for crypto is a very wrong move.  I suggest to you to not do this.

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September 18, 2018, 04:32:14 PM
 #251

If you risk selling a car and buying bitcoin, Maybe it's a great idea. You can make a huge profit in the future.
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September 18, 2018, 04:33:00 PM
 #252

For me it is an act that is too risky, although most people believe that bitcoin will be able to survive and have good value in the future but that is uncertain.

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September 18, 2018, 04:46:35 PM
 #253

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.
in the event that my personal guidance is much better do not sell the useful products simply for bitcoin, simply because it is extremely dangerous. and when my personal guidance additionally doesn't have funds it is best to become listed on the actual marketing campaign resources simply because it's very effective as well as we are able to obtain bitcoin free of charge as well.
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September 18, 2018, 05:11:21 PM
 #254

It is really dangerous to enter and sell something for investment vehicles like Btc. I personally paid my car money because it coincided, but it was one of the biggest mistakes I made. Unfortunately, I lost most of my money.
Sandijoee
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September 18, 2018, 05:49:22 PM
 #255

Yes it depends on you, if you want to sell your car to buy bitcoin or invest in bitcoin. That is a good action for the future, because bitcoin is a long-term investment tool. But if you want to quickly take advantage, I suggest not to invest in bitcoin. Smiley
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September 18, 2018, 05:59:03 PM
 #256

Yes it depends on you, if you want to sell your car to buy bitcoin or invest in bitcoin. That is a good action for the future, because bitcoin is a long-term investment tool. But if you want to quickly take advantage, I suggest not to invest in bitcoin. Smiley

This is good primarily because the car is a liability, and bitcoin is an asset. Convert liabilities into assets is a good, but risky idea.
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September 18, 2018, 06:05:09 PM
 #257

It is worth investing in bitcoin but not with the price of your only car. It is not wise to sell your car or your house for it. Invest just as much as you can afford.
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September 18, 2018, 06:13:53 PM
 #258

That is very unwise of your friend, how can any one sale the only means of livelihood just to jump into an investment he/she know totally nothing about. Not only bitcoin alone but every other investment involved risk and at that invest only the amount you can let go without any form of hurt to you selling his car to buy bitcoin is not a welcome move at all.
lelylely
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September 18, 2018, 06:15:44 PM
 #259

Selling a car to invest in bitcoin, I think this is very risky because there is no guarantee that bitcoin will increase as expected. Before investing in bitcoin, first identify the risk of bitcoin and then invest in bitcoin.

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September 18, 2018, 06:23:34 PM
 #260

I think a profitable purchase, everything went too far with bitcoins, and probably will go further, developing cryptocurrency increases itself in the world, and the cryptocurrency market looks better.

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