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Author Topic: Sale my old bike and buy bitcoin, what do you think?  (Read 1537 times)
daarul50
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December 08, 2019, 03:01:09 PM
 #101

An old bike? seriously? put some more effort dude!

a kidney could worth up to 1 million dollar, pull off that kidney from your body and convert it to bitcoins, that is what i called as a real effort haha you can get up to 130 bitcoin with a single kidney sold to the needy.
on a serious note , taking risk by selling stuff -a non necessary- stuff that is better choice rather than letting your stuff stay there losing value , you can switch it of to a productive , progressive one like bitcoin investment.

there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
Zeke_23
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December 08, 2019, 03:41:40 PM
 #102

An old bike? seriously? put some more effort dude!

a kidney could worth up to 1 million dollar, pull off that kidney from your body and convert it to bitcoins, that is what i called as a real effort haha you can get up to 130 bitcoin with a single kidney sold to the needy.
Where can it be, so I can do it right away. LOL. In our country, a kidney will only worth $5-10k USD if converted to USD.   Undecided Undecided

on a serious note , taking risk by selling stuff -a non necessary- stuff that is better choice rather than letting your stuff stay there losing value , you can switch it of to a productive , progressive one like bitcoin investment.

there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
It's true, it would be better to have an investment where you can see it grow than an asset that is decreasing its value over time. Though a bike is an asset where you can use anytime as a mean of transportation.


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Ailmand
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December 08, 2019, 03:46:12 PM
 #103

No one can assure you if you have made the right decision or not. You have a good amount of bitcoin and let's hope that you will have the patience to hold it for a long time. Take note that the market is highly volatile and do not be discouraged if the price drops. Just be patient and let that sold bike be worth it.

aomakun
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December 08, 2019, 04:38:22 PM
 #104

No one can assure you if you have made the right decision or not. You have a good amount of bitcoin and let's hope that you will have the patience to hold it for a long time. Take note that the market is highly volatile and do not be discouraged if the price drops. Just be patient and let that sold bike be worth it.
the biggest decision that must be held is him, but in my opinion it is better not to do it because there are still ways to get crypto for free, unless he has great ability so he may do that because he has the ability. but if he is a beginner it is better to find a free one first in order to have experience first

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xvids
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December 08, 2019, 04:44:45 PM
 #105

         

I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??

Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.

If you aren't using the bike then it was a good decision since it would just be useless for you,
But if you are using it daily to travel much more easier then it was a wrong one since you would have to pay now in order to get to some place.
But wish you all the best and good luck.

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December 08, 2019, 04:46:28 PM
 #106

Well, if the bike is old and you don't need it then it's good idea to sell it and invest that money further. But I suppose yuo will get very little but if you are investor-beginner then it's even better to start with smaller sum and low risk. And you will invest money that you don't actually need and don't count on it.
I guess there is not much to lose so go for it, try and see how you"ll get. Howe, get well informed before you buy Bitcoin to know exactly what are you doing.

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December 08, 2019, 04:49:10 PM
 #107

         

I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??

Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.


HODL and wait. In any case, you will receive a profit in 2020. The question is different, how much more you will earn and how you will proceed. After all, having received from your sum, for example, 100% of the profit, you need to think about what to do next. Do it right now
bitzizzix
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December 08, 2019, 04:50:03 PM
 #108

Your decision is far better than those who sell houses to buy bitcoin, because your risk is very small and if what you are planning is not what you want, you can buy it again because the price of the motor is not too expensive and you will be able to buy it again from other income.
but in my opinion there is a possibility that bitcoin will increase in 2020 and even if it's not too high at least you get a little profit and if on the contrary you can hold it and wait until the price of bitcoin goes up as you wish.


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Murat
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December 08, 2019, 05:08:01 PM
 #109

Following my experience, you have made a good decision for the future purpose, though Bike is an important vehicle for us when it's not using in your daily life then investment in another potential platform like Bitcoin is a good decision, I hope you will avail a car when the Bitcoin price will rise, not only that but also you can trade at a short term basis if you can, I think trading is the best way to make money within a short time, but Bitcoin holding is the safest way to gain money, but day by day Bitcoin price is making me confused what's is going and which thing could happen in the coming days, I am hopeful that Bitcoin will bring the good time very soon.

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December 08, 2019, 05:15:45 PM
 #110

I would say you did the right thing because holding your bike even longer won't appreciate in value but selling it and buying btc to hold long term will definitely appreciate in value long term, i hope you understand how the market works, price can go up or down, you should always keep this mind and not panic  sell. Good luck.
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December 08, 2019, 05:33:05 PM
 #111

         

I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin.
Especially I want holding long time with more patient because i want makes more profitable.
So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??

Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind.


Why not? This is much better than you spent the money on some kind of meaningless thing or pastime. Bitcoin is a very promising asset and thanks to this you can get more
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December 08, 2019, 05:42:01 PM
 #112

taking risk by selling stuff -a non necessary- stuff that is better choice rather than letting your stuff stay there losing value , you can switch it of to a productive , progressive one like bitcoin investment.

there is no harm to do it, as long as not something you are using it urgently in your daily life like a house.
it could be a high risk , you can not afford to lose it and i think that is a bad choice.
You cannot laugh at investments like these, in the past we saw some investors selling their house and going full on bitcoin a few years back and everyone laughed at them and he made a fortune by the way he took risk and invested in bitcoin when the price was really low, right now the price is not that low to sell my car or a house and go full in and i am not interested to take that kind of risk but if people are willing so be it and we might see these investments as high risk now but who knows what the price would be ten years later.
cryptoangel
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December 08, 2019, 05:54:49 PM
 #113

No one can  predict the future. So the decision is up to each person. But if you have chosen to sell bike and invest in BTC, I think you will never lose in the future. In the long run, the price of BTC will surely increase
Bike also one of the investment for some peoples, so they don't want bike in regular days surely we can sell and buy some Bitcoin. But current situation we should hold for few more months because sudden drop was loose the further hope so we must wait and see the next bull on 2020.
In my suggestion is buy low and sell high is the perfect way for trading platform.

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December 08, 2019, 10:07:31 PM
 #114

It seems to me that during a bear market everyone can and should buy Bitcoin. I think the sale of an old bike will pay off over time
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December 08, 2019, 10:31:21 PM
 #115

I think it is a good idea and wise investment, but you forgetting the point that bitcoin is after all a currency. So are you supporting the currency or just a fiat slave trying to squeeze out as much fiat from bitcoin as possible?

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December 08, 2019, 10:37:37 PM
 #116

It is your decision, if it gives profit or loss you're gonna experience it. This way we can just express our views on your decision. First of all good to see making the decision to sell and buy bitcoin yourself without getting any advice. As the market is very low it is time to accumulate than spending. Also, there is big expectation on the growth for the year 2020 based on different events associated with cryptocurrency network.

Hope you'll experience a bigger and better profit out of buying bitcoin as you're with plans of holding with patience for long term.

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December 08, 2019, 10:41:24 PM
 #117

Bitcoin is a logical investment. However, the price may fall very low. You should prepare yourself for the psychology that's gonna lift this. It's also about how much you want to earn. When the Bitcoin price starts to go up, you need to make a sale.
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December 08, 2019, 10:59:46 PM
 #118

It is not a matter of right or wrong, if you have considered it well, and understand the risks, then that is not a problem. You just need to be mentally prepared, we know that bitcoin has high volatility so that how big is the opportunity to go up then that is also the chance to go down.

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December 08, 2019, 11:35:34 PM
 #119

I love cycling too. And I did the opposite of what you did. I had my old bike repaired with the capital I could buy bitcoin. Now you can not ride the bike has cooled. I can't buy bear Bitcoin market: D I'm waiting for the bull. as everyone expects.
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December 09, 2019, 03:16:30 AM
 #120

Bitcoin is a logical investment. However, the price may fall very low. You should prepare yourself for the psychology that's gonna lift this. It's also about how much you want to earn. When the Bitcoin price starts to go up, you need to make a sale.
If you value your old bike and you use the funds from selling it to your Bitcoin investment taking the risk might help you to survive the unpredictable market. Your money your direction to take. Don't lean to any opinions or speculations make sure to deal with your understanding to keep moving forward to this ventures that you take.

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