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Author Topic: Sale my old bike and buy bitcoin, what do you think?  (Read 1537 times)
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December 10, 2019, 11:51:58 AM
 #141

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.
You're right, that is something to be appreciated. even if it's an old bicycle, it might still have valuable memories or something like that. if it's very important to me, I won't sell it. but, he sold his bicycle and invested in bitcoin. those are things that need to be appreciated.
even like that, I think 0.1 bitcoin is big enough. but, it needs to be added so that the profit it gets becomes higher. Well, even an increase in price reaching $ 8k would make his profit from selling his bicycle. the thing to do right now is the same as us, which is to hold.

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December 10, 2019, 12:05:37 PM
 #142

         

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.

I think that is the best decision. It seems you have acknowledge the existence of Bitcoin. If it is me I would also sell it to purchase Bitcoin. Bitcoin is very promising coins that is enough of getting a high return. HODL might be good option because the amount of a bike is not enough to use it in trade especially on investment because it requires a high amount of funds. However, I not sure if the bull market will come this year 2020 so just hold it until the right time comes.

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December 10, 2019, 12:06:05 PM
 #143

         

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.

almost the same on what i did last January when i sold my Old laptop to buy Bitcoin since there is no need for that old one and bitcoin is falling to $3k level that time and what happened?successful because Bitcoin grows to more than $13k several months after and i have sold before falling again and just last month i bought again when the price drops to $8k so now i am ready for the halving next year.

so OP your decision is right because what you did is investing and not for other nonsense expenses.

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December 10, 2019, 12:10:27 PM
 #144

         

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.


I think it is a good decision you had made, I also have a friend who is torn between selling his bike or not. I advised him to sell it because you can make the money multiply by putting it in trading then you can buy another bike later on right.
















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December 10, 2019, 01:10:42 PM
 #145

Done is done now. You cant undo that move. Dont think too much about this decision. If you are not an experienced trader then its good to stay with bitcoin in the start and HODL. You will see with time that long term investors are never at loss here.
Wish you good luck with your investment.

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December 10, 2019, 02:29:17 PM
 #146

As long you know the risks in crypto, invest in what you can afford to lose. We cannot predict price but since you purchase some bitcoin probably you will earn once it will surge it's value in the market. If long term hold it is a good choice to sell some of your stuff and invest in btc.
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December 10, 2019, 03:11:12 PM
 #147

As long you know the risks in crypto, invest in what you can afford to lose. We cannot predict price but since you purchase some bitcoin probably you will earn once it will surge it's value in the market. If long term hold it is a good choice to sell some of your stuff and invest in btc.

Besides he just sold his bike, meaning to say that once a bike becomes old, he can't even use it nor can sold it so what he did is a good idea for me, I would rather sold something that will have no value at all in the future for me to have a good chance to be able to buy something that my future will thank for and this is a good example for me.
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December 10, 2019, 05:35:58 PM
 #148

For sure it was a smart move buddy, and for sure you will see a big profit in 2020 from that investment. Just think about the guy who delivers 2 pizzas for 10,000 btc. after some years the amount of money for those pizzas is nuts. If you can hold what you get for the bike in the next 5 years, there will be a nice profit.

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December 10, 2019, 05:47:01 PM
 #149

I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.
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December 10, 2019, 07:18:04 PM
 #150

The market is too volatile and even an expert can't say was your decision right or not. On the other hand, you contributed to crypto community and become one of us, risky guys who hold btc Smiley Hopefully we all get our profit from this someday.
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December 10, 2019, 07:32:22 PM
 #151

I can't say if you were right but I'm sure I'd do that way! I beileve in btc's sunrise and in income from it.
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December 10, 2019, 08:30:18 PM
 #152

I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.

Good your work really beautiful movement i keep Bitcoin with long time planing, we know bitcoin on of the best currency so price will jump at any time. Basically i am a bitcoin lover with my first crypto life so i can expect profit.
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December 11, 2019, 08:02:36 AM
 #153

         

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.


The discussion has been progressed long and I surprise why it didn't catch my attention so far! I have an wonderful story to tell you,

https://www.zeebiz.com/personal-finance/news-how-to-become-a-crorepati-bought-royal-enfield-bullet-price-in-2001-you-missed-chance-to-mint-rs-55-crore-111642

Read on and let me know your feedback! I hope something of that sort happens to all of us!

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December 11, 2019, 08:50:03 AM
 #154

I think buying some bitcoin is a good idea not matter the situation is, It's really good to buy now at this current rate because in my opinion this price will be the lowest from now on. I personally bought some bitcoin the past few days and I keep investing and holding my btc since 2 years, I really made a huge profit by just holding, I even made more by trading.

Good your work really beautiful movement i keep Bitcoin with long time planing, we know bitcoin on of the best currency so price will jump at any time. Basically i am a bitcoin lover with my first crypto life so i can expect profit.

If you have a strong belief in investing in this field, then what you have done is certainly the right decision because you believe in the growth of bitcoin in the future. many people are willing to sell their valuables to buy bitcoin and can be used as a long-term investment.

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December 15, 2019, 05:52:16 PM
 #155

All things are balanced here you have used your bike two years and then sold it and bought Bitcoin at that time which can be a decent time to buy Bitcoin so in my opinion you picked right step hopefully your investment will give you good result in 2020.
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December 15, 2019, 06:14:58 PM
 #156

         

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.

I don't think it was a bad decision or a good decision ether I think it depend on the market I think the market price you invested was not a bad price in the market since you invested in 7k$ in the market I think it was already a good decision since the bitcoin price chart was in the 12k$ in the past month so I think in 2020 the bitcoin market price could quickly recover and surely it could give you profit.
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December 15, 2019, 08:02:41 PM
 #157

         

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.


The discussion has been progressed long and I surprise why it didn't catch my attention so far! I have an wonderful story to tell you,

https://www.zeebiz.com/personal-finance/news-how-to-become-a-crorepati-bought-royal-enfield-bullet-price-in-2001-you-missed-chance-to-mint-rs-55-crore-111642

Read on and let me know your feedback! I hope something of that sort happens to all of us!
This is very impressed article you have to share me, firstly thanks. basically i am not available successful man in the cryptocurrency market so now i can do something. This is real think i am a little investor but i don't get enough profits and now already i take hold bitcoin with long time so i hope this will more chance to get profits.
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December 15, 2019, 10:21:26 PM
 #158

Basically you decision to me look as the best decision one can take to move forward in life. Haven the old bike till now has not brought you a good profits but sold for Bitcoin to be keep for a long term matters. Looking at the market generally, you can easily double up your investment before the 2quarter of 2020, so, cheer up pals and wait for the bullish thread.

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December 16, 2019, 10:26:19 AM
 #159

I'd rather consider two case scenario which could be a win-win situation, first is because you have sold your bike, you should think if that bike is an asset for you, for example, you are using that bike to save your transportation fee or maybe using that bike for business purposes. If that is the case, it is not worth it to sell it even to buy bitcoin in exchange. But if that bike is unnecessary for you, try to think that bitcoin is an investment platform where risk is always there. In that regard, you are willing to take the risk and will not regret your decision upon selling your bike so it is a good decision in that part.
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December 16, 2019, 11:38:53 AM
 #160

         

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.

I think that is the best decision. It seems you have acknowledge the existence of Bitcoin. If it is me I would also sell it to purchase Bitcoin. Bitcoin is very promising coins that is enough of getting a high return. HODL might be good option because the amount of a bike is not enough to use it in trade especially on investment because it requires a high amount of funds. However, I not sure if the bull market will come this year 2020 so just hold it until the right time comes.
Like will see upcoming year 2020 everyone have in excited movement because their tried for the bad market situation almost long time over. Especially everyone holders want do something profits chance so i hope the upcoming years will never forget our Goals.
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