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

[sayaya17]

The risk is borne by yourself because if eth goes down quickly, then it should not be regretted. Maybe you have analyzed the eth that eth will go up to $ 300 even to $ 500 it is good luck for you, my advice do not forget the capital to return to your girlfriend. Indeed must dare to speculate but of course with the right analysis before you do the execution. But sometimes market is out of our control, for now I still monitor eth prices

[zeze18]

Wow, i'm speechless now, it takes a lot of courage to do that, risking all you money and even selling your girlfriends car for ETH is just crazy. Yes it is true that ETH is doing great this year but we all know that the market changes so fast and it might just go down again. It is a very big risk mate, you can either get big returns or big losses, I just hope you are ready for the consequences. ETH is a good investment but I don't it is best now to invest in ETH with all your resources.

one of crypto investment basic is, don't invest money that you will need in near future.
investment in crypto is just testing our luck and always use "free money" to do.
Just invest and forget it, comeback in years to see the result

[shoreno]

one of crypto investment basic is, don't invest money that you will need in near future.

its not bad to invest on something that is trusted such as eth  . all of use need money for future use , thats why there are banks that  we can use to save money. im saying that dont put all your hard earned cash on investments  .

investment in crypto is just testing our luck and always use "free money" to do.

testing our luck ? but whats the point of testing your luck ? when you know your lucky will you bet more ? luck is not permanent , you can win but you cant guarantee that you will win next game  .  and what is free money ? the one that you earn from bounties and freelance jobs ? that isnt free because you work hard for it  .

[rebrik7]

Funny seeing this now after a year and after ETH's value has nose dived.

In this scenario, you'd obviously you'd have been better off with a car. Too bad for your girlfriend now, but just hodl and wait and maybe we'll see if the car can be turned into a lambo. Hopefully by next year when ETH goes to proof-of-stake you'll have your redemption. 🚗

Most dangerous risk was to get a good punch in face from girlfriend, when she found out that he sold her car 

[Questat]

OP is still active, let's hear some words from him if he benefited from his decision.

I check the history of the price at that time, price was around the same level at the current price, but if OP was really smart and aim to sell even at a low profit, he might have sold it this year already as ETH rise over $300 Last July.

[rebrik7]

OP is still active, let's hear some words from him if he benefited from his decision.

I check the history of the price at that time, price was around the same level at the current price, but if OP was really smart and aim to sell even at a low profit, he might have sold it this year already as ETH rise over $300 Last July.

He wrote that invest in one another project. But I didn't understand, was that money from ether what he bought from selling car.
Anyway, that new projects shows x10 grow since entering exchange.

[DU18]

You seem to take a very risky decision by selling your girlfriend's car just to invest, although the step is not wise but of course you have thought carefully about your decision so, you dare to do it, investing in crypto can provide a large profit, but not by having to risk all we have and of course in this case you sacrifice money / your girlfriend's car and also your relationship with your girlfriend.

[mr_random]

speculation that you do I think it's too risky you sell a car to buy ETH even though you know if the current price of ETH has decreased. but I think you have calculated and you might be able to predict the price of ETH from time to time so you dare to take the risk

This thread was created approximately a year ago and if the OP still holds his ETH stack, any experienced trader will call this as a bad investment. A year ago, in November the ETH price was near the $212 and the current price is lower than the bought price. Btw, the price of the car has to be lower but he can make a better decision rather going all in a single cryptocurrency. The calculated risks don't matter if the investor makes silly mistakes.

[crossabdd]

appreciation for you guys. most people in crypto make a quick profit. but you choose long-term investment. I personally do not have the guts for long-term investment. because it does not have a large fund. or something that can be sold. I would say you're stupid if you sell your girlfriend's car. but special and very appreciative when you choose long-term investment. hopefully crypto gives a great future for you guys.

[mamesso]

Very reckless action, those are words that are suitable to describe what you do, moreover you decide to invest in the long-term. You took a huge risk when selling your girlfriend's car to buy some ETH. Hopefully you make the right decision, and can buy a new car for your girlfriend..

[rebrik7]

Why Chingador don't look at this topic? He has not been seen here for a long time. He would at least go in and write something. And then I'm starting to worry))

[Naficopa]

Why Chingador don't look at this topic? He has not been seen here for a long time. He would at least go in and write something. And then I'm starting to worry))

Do not worry

ChiNgadOr is still around, just check his last activity:

Last Active:   Today at 09:51:48 AM

I'm sure that he is watching this thread, but have nothing much to say.. He is waiting for next bull run like all of us

[aggress0r]

The car is not a good asset at all that extremely loses value with time. It would better be Ethereum that has potential that could be traded or speculated since the car will only drain money.

with the advent of Uber and Lyft, the existence of private cars came in handy.  in a market like this, it is very difficult to produce Ethereum, but if he becomes an uber or Lyft driver he can collect monthly money to buy Ethereum or other coins...  My friend is a Grab driver (driver application in Southeast Asia) and he is setting aside $ 150 / month to invest in Bitcoin, Ethereum and Bitcoin Cash, at the moment his assets are more than mine.

In this case it's may be OK to earn by driving if it is his earnings without expanses (gas, spare parts and depreciation) but also keep in mind the obsolescence of the car's model. The new generation of a car will bring down the price of an elder.

[iamsange]

The car is not a good asset at all that extremely loses value with time. It would better be Ethereum that has potential that could be traded or speculated since the car will only drain money.

with the advent of Uber and Lyft, the existence of private cars came in handy.  in a market like this, it is very difficult to produce Ethereum, but if he becomes an uber or Lyft driver he can collect monthly money to buy Ethereum or other coins...  My friend is a Grab driver (driver application in Southeast Asia) and he is setting aside $ 150 / month to invest in Bitcoin, Ethereum and Bitcoin Cash, at the moment his assets are more than mine.

In this case it's may be OK to earn by driving if it is his earnings without expanses (gas, spare parts and depreciation) but also keep in mind the obsolescence of the car's model. The new generation of a car will bring down the price of an elder.

If look as something like that, cars although used to earn money by driving, will need more cost to maintenance it. Maybe if in real life, property still best to pick. Or maybe Ethereum and bitcoin as investment to pick.

[darthmaul]

Haha this sounds pretty funny because you might be pretty happy with this decision but your girlfriend definitely would be very sad after hearing this. If he is not into technology then It's heart breaking to know that your loved one sold your car for a digital currency.

[Ucy]

I bet Op would not dare sell his expensive/valuable stuff for any kind of coins or other kinds of investments . He obviously didn't like his friend very much otherwise he wouldn't have gone to this extent. Well I guess he bought the car for her when he made alot money.

Not a good idea to take that kind of risk unless you are willing to lose everything. Besides, you should have invested that in better coins like Bitcoin.

[aggress0r]

The car is not a good asset at all that extremely loses value with time. It would better be Ethereum that has potential that could be traded or speculated since the car will only drain money.

with the advent of Uber and Lyft, the existence of private cars came in handy.  in a market like this, it is very difficult to produce Ethereum, but if he becomes an uber or Lyft driver he can collect monthly money to buy Ethereum or other coins...  My friend is a Grab driver (driver application in Southeast Asia) and he is setting aside $ 150 / month to invest in Bitcoin, Ethereum and Bitcoin Cash, at the moment his assets are more than mine.

In this case it's may be OK to earn by driving if it is his earnings without expanses (gas, spare parts and depreciation) but also keep in mind the obsolescence of the car's model. The new generation of a car will bring down the price of an elder.

If look as something like that, cars although used to earn money by driving, will need more cost to maintenance it. Maybe if in real life, property still best to pick. Or maybe Ethereum and bitcoin as investment to pick.

Of course property is a better option to invest in but sure you need to monitor the market for good proposals and variants also keep in mind that car with it's drawbacks is more liquid than real estate.
Crypto is better but more volatile and has much less supporters.

[bobitza]

It sounds a bit funny. You sold a car to a girlfriend to buy ethereum. I thought you were buying a car for you. Eth is currently being looked at by investors. Ethereum shows some gains over BTC, but the growth in wallet addresses can provide insight into future trends.

[Rynzrhose15]

You made a good choice when eth price back to $1000 your car change to lambo😁😅..

[johnwest]

It would have been a great study for everyone here if you write what happened to all your holdings now. The market has changed allot from November 2018 and it might have been a hard journey to keep holding in this market. Let us know what you are holding and their value in $ or euro now.