Sale my old bike and buy bitcoin, what do you think?

[carlisle1]

If you don't actually use your old bike it's good choice to sell that,  Because that would only ruined, especially if it wasn't used often.

yups and it is an advantage because he use the money to buy Bitcoin in which will bring him huge profit in future not like the old bike will become rusty and broken in future.

But the idea of selling your old bike in exchange for bitcoin   I disagree, especially since we do not know what the future price will be and it is at risk of loss that you have to accept because it is your decision.

do you  really here for crypto or just for Bounty?look how you response in thread like this?thatw as an old bike that i supposed wasnt use now so instead of letting it lose totally he has made a right decision of selling in invest for crypto and here you are discouraging his action?you know what?thats why we dont need people like you here because you only brings bad effect in crypto community.

[bering]

That might be good decission or could be change became an bad decission but how long do you plan to hold your bitcoin because for short term seems that isn't good idea and the price still not good to sold bitcoin but for long term which more than a year i think you had just made good decission however your old bike seems pretty expensive for me and if i have a bike i wouldn't thinking twice to sold if someone offering $1400 to me

[pragna]

Actually what is going in your fate only GOD knows. 2020 may be golden time for BTC or may be not. Market is very flactuating still now though there is no bad news anywhere. So how i can say to you that your investment is good? But hope you will be lucky person in year 2020. best of luck.

[yulionoo]

I think it's okay to sell our valuables to invest in bitcoin. the important thing before investing bitcoin we have done research and observe the movement of the bitcoin market seriously. and if you believe bitcoin will pump up, the decision to sell bicycles for bitcoin is the right decision. the mistake that often happens is that people are only interested in the rise of bitcoin without their research and observations selling their valuables to bitcoin but it turns out that bitcoin dumps and makes them lose a lot.

[daarul50]

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.   

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.

Of course it has a very low value if you sell it in africa , they better to have a piece of cake rather than buying kidney 

just walk around hospital in europe and ask them that you are going to sell some organs in cheap price , they will give you a warm welcome and maybe a bottle of wine talking the proccess in the glamour candle light dinner as if it was your last day in earth haha
seriously if you are crazy enough to sell organs do it convert to bitcoin wait for the price to go up and buy back the organ you have sold .

of course this is not an advice at all , ridiculous to sell an important thing in your life for the sake of money, health come first.

DON'T do SELLING your ORGANS ok?

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.

NO idont.
i appreciate what he has done by taking that risk. this is always about risk. go allin or die wondering .

[inanilujimi]

If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.

[arimamib]

If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.

the most important thing is he believes in his ability if he does it because of making sacrifices for something that might have a high enough risk. the most important thing is he can also understand the concept when investing or trading, the goal is to make his decisions more responsible

[deadthings]

I think it's better to think about decisions prior to taking it. Since you have bought bitcoin it's better to stick with your decision.
Nobody can tell you what crypto market will be in 2020, just stay easy and HODL.
There is not much risk involved in current price of Bitcoin as it will surely go up from here. Now it's up to you how long you can wait.

[killerfrost]

If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.

We are still not sure that the price of BTC will increase every year. The market is unpredictable and if he is lucky he can make a lot of profit when the market is trending up.This is a risky speculation

[Zackgeno96]

         

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.

Selling your belongings that you are currently not using for buying bitcoin or investing is a great idea as your bike will loose more value in future where as on the other hand investing in stocks or bitcoin is going to give you profit and the same has been done by many people and the fruit of their investment was getting a financially successful life.
I've heard stories about people selling their house to buy bitcoin and their investment paying them off by making them a multi millionaire.

[tambok]

If you are ready to accept the risk of the decision you made, of course this is the right choice, because as I know the price of your motorbike will always decrease every year, while bitcoin is likely to increase.
As long as the items you sell are not important needs in life, no problem.

We are still not sure that the price of BTC will increase every year. The market is unpredictable and if he is lucky he can make a lot of profit when the market is trending up.This is a risky speculation

Yes, we are not really sure as this is really a matter of taking risk, imagine if we will not take risk at all, what life we will have, let's just look at the life of successful people who manage to take risk, they are not sure with the path that they are doing, but imagine what if they didn't take risk, right. So for me, selling bike is fine as you can still buy it anytime.

[Boov]

I think it's better to think about decisions prior to taking it. Since you have bought bitcoin it's better to stick with your decision.
Nobody can tell you what crypto market will be in 2020, just stay easy and HODL.
There is not much risk involved in current price of Bitcoin as it will surely go up from here. Now it's up to you how long you can wait.

I will do what the OP decide with hos asset. Because I believe that it could be a better investment in the future. We are the one who made our future, so invest now , it doesnt matter if is cost only a $1000 as what you have said but it will be a good amount to start.

[veleten]

         

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.

always interesting to see common people getting introduced into bitcoin HODLing like that  
at least you sold something that you wasn't using a lot and that could be dangerous , I have a friend whose brother died because of a bike crash 
as for the making profit part , you cannot be sure with crypto and bitcoin , at least you didn't buy it at 17.000$  
there are chances that you make some profit 2020 since the parabolic increase due to the halving will be starting in 2020
but if I were you I would wait a couple of years , 0.18 btc is not something that will bring you riches , if bitcoin goes to the moon ( 6 figures ) this amount could be some tidy sum
ah and yeah , welcome to the club , bud!

[AliMan]

         

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.

Selling your belongings that you are currently not using for buying bitcoin or investing is a great idea as your bike will loose more value in future where as on the other hand investing in stocks or bitcoin is going to give you profit and the same has been done by many people and the fruit of their investment was getting a financially successful life.
I've heard stories about people selling their house to buy bitcoin and their investment paying them off by making them a multi millionaire.

People loved to risk their wealth and asset for bitcoin even though they felt so bad with the curre to market situations. Many contributors to the ongoing price recession, like bearish market, regulation, exchange issues like security breaches and lots of scam crypto projects. These things is going so bad to see, but strong holders remain silent in the midst of the struggling period. Even if they come to a point where quitting is the last resort, they still prefer chosing to stay with cryptocurrency.

[cotton ball]

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.

When many people have understand with risk and ready their mentality after bitcoin and altcoin have lower price maybe can invest which one they want to invest and have to know first bitcoin and altcoin not always have higher price but some time can suddenly down with lower price, you know not all person already when bitcoin down and have lower price but they always keep ready after bitcoin raise with higher price.

[peter0425]

In fact a lot of people are getting rich because of this strategy, and now that bitcoin halving is approaching many speculations have come out and all of this has been positive for bitcoin prices.
But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.

yet he has nothing to lose actually because what he sold is Old Bikes that means was not hes primary bike now so thats for spare right?
in this case the motto of cryptonians "Invest what you can afford to lose" is there?because the money he invest in bitcoin is from the spare money and does not came from his savings or daily income.it is safer even if he fails(things that i am sure wont happen because Bitcoin price is growing as time passes by)

[Spider A4]

         

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.

We don't know it's a right or wrong decision because you can big profit or not after long term that's very difficult to prediction for according to the market condition. I think you have good possibility to biggest profit if you will go keep hold to long time investment.

[Bonenx14]

In fact a lot of people are getting rich because of this strategy, and now that bitcoin halving is approaching many speculations have come out and all of this has been positive for bitcoin prices.
But it is up to you to decide, Because you have to deal with huge risks and can result in huge losses or huge profit.

yet he has nothing to lose actually because what he sold is Old Bikes that means was not hes primary bike now so thats for spare right?
in this case the motto of cryptonians "Invest what you can afford to lose" is there?because the money he invest in bitcoin is from the spare money and does not came from his savings or daily income.it is safer even if he fails(things that i am sure wont happen because Bitcoin price is growing as time passes by)

but in my opinion it is quite brave because he is risking an item. but if he really believes in the capabilities he has, then just do it. most importantly he is confident in what he is doing, and don't be disappointed when he fails. maybe this is my opinion that can be used as input

[crossabdd]

at the very least, you already understand the risks of investing in crypto (bitcoin). I cannot assure you, right or wrong of your decision. due to bitcoin fluctuations, so no one knows how the price of bitcoin in the future. it's just a lot of predictions that the price of bitcoin will be very expensive in the future. if you believe that. keep to hold. I personally keep holding.

[wildan88]

at the very least, you already understand the risks of investing in crypto (bitcoin). I cannot assure you, right or wrong of your decision. due to bitcoin fluctuations, so no one knows how the price of bitcoin in the future. it's just a lot of predictions that the price of bitcoin will be very expensive in the future. if you believe that. keep to hold. I personally keep holding.

I think that is a very appropriate decision, to put money in bitcoin right now will be high value in the next few years, but I am sure that the next 1-2 years will soon see an increase. fluctuation will not be a problem if he goals for the long term. actually the amount is not too large, but if growth through trade is good but the risk of losing is greater than just holding bitcoin.