I just SOLD my girlfriends car to buy more ETH at sale price :)

[ChiNgadOr]

I like your optimism, people who think you are stupid or worried about what you have done are those who have less understanding of cryptocurrency. They only dare to invest when the price of the crypto currency is going up, in the event of falling prices they will be quick to sell and save their investment. Hopefully, you can achieve the desired dream, the obligation of an investor is to find a gap to get profit, not avoid losses.

Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”
The bottomline is we can all agree that following the crowd/herd/sheeple is no way to making your mark. Have to think outside the box after all, Fortune favours the brave.
We all like quoting Billionaires, very few of us have the guts to make that one in a billion decision they made to turn things around

these two users hit on the most important... no one of us knows when  ETH will find its bottom, .. and  if we keep waiting for this, maybe we never have a pair to step in, and miss the train! The main principle of any trading is buy low and sell high.. i think the prices are low enough.. and risky decisions provide usually the biggest profits.. this is a matter of patience, and i can wait really a lot of time..

[zikabra]

You sold car owned by your girlfriend and you will hold ethereum until 2028, it is easy with other peoples money, have you consider to sell your car to buy ethereum? It is cheaper than it was when you bought it, would you buy it now too?

[ChiNgadOr]

You sold car owned by your girlfriend and you will hold ethereum until 2028, it is easy with other peoples money, have you consider to sell your car to buy ethereum? It is cheaper than it was when you bought it, would you buy it now too?

no.. i didnt sold my own car, just because i didnt have one.  the only thing i did, was put ALL My money, plus a  loan from my bank (ING direct), plus money borrowed from other 5 persons (3 friends, mom, sister). i would seel everything i dotn really need to survive right now.. (food, home..)   this is sacrificing a actual wellness for a greater wellness in the future.. thas called investment

[Levious]

I think your investment method is very risky. I want to know if this is true. In theory, investors are reluctant to buy Ethereum, because Ethereum still has a large number of teams holding it, so your investment method is very risky. I wish you success.

[icegeekfresh]

I think this is wrong, there are a lot of analysis aboutbtc and they say that btc can drop to 2k-2500 dollar and if this happens we can see 40-50 dollar for ethereum, so you must be careful there is no dip in market.

[mapofgordious]

Although I don't agree that my friend will invest in cryptocurrency in the same way, I still hope that your choice is correct. I hope that the market will bring profits to everyone.

Exactly. This might not look a rational move to invest in ETH this way but trust me the revival of the technology will multiply your investment many a times. So good luck for the future and have a lucrative return.

[niteroy]

I think this is wrong, there are a lot of analysis aboutbtc and they say that btc can drop to 2k-2500 dollar and if this happens we can see 40-50 dollar for ethereum, so you must be careful there is no dip in market.

True, there is a possibility that the price of Bitcoin will drop to $2500, and Ethereum to $50. Therefore, you need to make a choice, either buy now or wait for lower prices and then purchase. In any case, buying today you can get a big profit in the future.

[West0813]

We all know that if you take all the  risk you will get huge profit if it will succeed. Ethereum is one of the better coins in the market. So me too invest some of my money in this crypto. Believing that it will paid off in the future.

[ChiNgadOr]

Well..as least ETH seems to recover a little.. although i dont have ETH anymore.. all my ERC20 tokens are pegged to it!!!! but it makes me really happy to see this cryptofever/enthusiasm again in the market... hope this is the beginning of the next bull run.. run?¿ no! better a marathoN!   everlasting glory to crypto

[Firefox07]

I think this is wrong, there are a lot of analysis aboutbtc and they say that btc can drop to 2k-2500 dollar and if this happens we can see 40-50 dollar for ethereum, so you must be careful there is no dip in market.

Why it is wrong? As you said they only say that bitcoin will drop to 2k to 2500 dollars. Those people cannot control tge movement of prices in the market. And noone knows what will happen. The move of this man is so risky. But if the gamble succeed that man will get huge profit.

[KingScorpio]

so how much did you loss, how did you girlfriend thanked you for that?

[Barcode_]

update 9/dec


Many of you say i am crazy or stupid and i should be shaking right now... but you are very wrong.. in fact, I am absolutely not nervous or worried. if you read my later posts, you will find i invested my ETH on 4 altcoins, and the value in ETH (not in US$) didnt changed  much for these coins.  Anyway, i assume risks and consequences. ANd the big difference among us, is i am not a mercenary like many of you, that just followed the hype.. i am talking about them who are here for few fast bucks, .. i am different because i am for the longterm as i BELIEVE in blockchain.. and i didnt took this decision as if i was blind or stupid! I did my propper research long time ago, and strongly think crypto will be a standard in the future.. maybe not tomorrow, or next week, or month.. also not next year.. i am not in a hurry!  i think i got everything i need to live...it took most of my life to realize material things wont make me happier.. i dont need much anymore because i found i was already happy   .. I am not interested about lambos, mansions,... I am more interested in a more fair world for everyone. The big fishes (venture capital, banks...) have their profits being cutted, and this makes me really happy! Our life quality will improve in the longterm.. almost everything will be public, transparent and fair...

Mark this post and come back later in 10 years: 9 dec 2028!

I guess not every investors would choose to invest in the way OP chosen, but everyone does have the freedom to make their own investment choices and there is totally nothing with it. I believe the OP does understand the risk involved on the investment he made, and I will definitely check out this post made by the OP after 10 years later.

[luongdk]

I appreciate your investment decision and as far as I understood you are in profit at the moment,right?
I am going to follow your example, but I prefer to gain these money on a business and then invest in crypto

[BigBrother]

Yeah, you really are a risky guy to do that. But if you've thought this through and made this decision, I wish you the best of luck. I also believe that crypto is a very promising direction and perhaps not now, but in the future you will be able to get a very large profit from your investments.

[rebrik7]

You sold car owned by your girlfriend and you will hold ethereum until 2028, it is easy with other peoples money, have you consider to sell your car to buy ethereum? It is cheaper than it was when you bought it, would you buy it now too?

no.. i didnt sold my own car, just because i didnt have one.  the only thing i did, was put ALL My money, plus a  loan from my bank (ING direct), plus money borrowed from other 5 persons (3 friends, mom, sister). i would seel everything i dotn really need to survive right now.. (food, home..)   this is sacrificing a actual wellness for a greater wellness in the future.. thas called investment

Hm.. ))) I think that called not "investment" already, that is called self-sacrifice almost. You're desperate investor however.
I hope all this is not in vain.

[Vness10]

Well people are different decision in life but I think they know they doing because in the end that people will be the one can get what will be the outcome of what she/he sacrifice.

[babarian]

You are like an insane person, you are willing to sell your girlfriend and sell your car to buy ethereum?
what if ethereum becomes worthless after you buy it ?

[shadow404]

wow ... you are very betting on this with the prediction that ETH will rise. Are you serious about it and does it not trigger your relationship to be bad unless your boyfriend supports you.
you're crazy men

[Milamol]

Well people are different decision in life but I think they know they doing because in the end that people will be the one can get what will be the outcome of what she/he sacrifice.

People who convince their loved ones to sell property for the sake of buying crypto do not understand what they are doing.
Close ones who support are worthy of respect.

[Cemploon]

I think you are really brave in this matter and I really respect you. I think you have very high expectations for Crypto. But with the money you have, you have to find the right time to buy ETH. And when this ETH is at the lowest price, you can buy it.