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

[tungaqhd]

Sell everything what do you have and cry later when bitcoin or assets do you buy have lower price, why take big risk for selling your old bike or some one want to sell their house to invest with bitcoin, never heard when many investor said you can get much profit with bitcoin during one month and you want sell your house.

Thing is not such serious, it like a fortune for your future, if you lost it, you lost an old bike, otherwise you might get a car back

[Youghoor]

First and foremost, it is a good idea to buy bitcoin at its current market price but the only problem will be that you might not really understand how bitcoin investment works. First, you should understand that investing in bitcoin is not a get rich quick investment avenue. Its just like a normal investment but with bitcoin, the risk of its price decreasing and you losing your money is very high. Once you understand this, you can join the bitcoin investment train.

[nutella_11]

I believe that Bitcoin will rise in 2020 and many experts say the same. This could be a good idea, but you cannot be completely sure about that. Check out for example what Coindeal's COO Alex and Jason King say about current situation on the market:https://www.youtube.com/watch?v=RFUsZq3xdBI

[liuqi]

It is really a good decision because investing on motor parts or computer parts are not a wise idea to keep your fund but investors in cryptocurrency field knows that and invest some fund in BTC and some in stable coins.
Believe in BTC and hodl it for long term to enjoy the profit.

[Chrystora123]

snip..

trust me, you make the best decision.. someday surely Bitcoin will be very expensive even exceeding $ 20k, but we don't know when (it could happen in 2020, 2021 or 2030).  HODL is the right choice when you are not a reliable trader.

[dimox]

its good, if you are not really need your bike. if your bike just full your room, or whatever it is. selling some unnedeed stuff than buy something which people think important and can make them take a profit is good. just be more patient, bitcoin have bad day and we dont know when is the good day come

[AjithBtc]

snip..

trust me, you make the best decision.. someday surely Bitcoin will be very expensive even exceeding $ 20k, but we don't know when (it could happen in 2020, 2021 or 2030).  HODL is the right choice when you are not a reliable trader.

Holding will surely get you good profit, but for the same we need the patience as well the financial stability to keep hold of the bitcoin. In most of the cases, people with more hope keep on holding but their financial need make them to cash it out. This way even with the process of holding the benefiting people were the rich ones. Very few common men get to be lucky to profit investing on low price altcoins and holding for years.

[diahsw]

in my opinion, that is the right decision, if you are able to be patient longer, then it will be more profitable, I think it's easy, if you are willing to sell old bikes because you have such intentions, I'm sure you will be able to be patient ..! !

[julius caesar]

The outcome of what you did is good since you are a big amount of profit by just selling your bike and investing it onto bitcoin. Just do not forget the buy low and sell high principle. If you sell your bike to a particular value and invest it on bitcoin, you should sell your btc much more higher than you have sold your bike for you to be able to earn profit.

[Bim abk]

in my opinion, that is the right decision, if you are able to be patient longer, then it will be more profitable, I think it's easy, if you are willing to sell old bikes because you have such intentions, I'm sure you will be able to be patient ..! !

the most important thing is that we have to be consistent when we have sacrificed something, if he has done it then it is better to continue the initial goal he made and patience becomes important when he invests in crypto

[istiak2277]

It depends on how you are going to use that BTC. You can lose all your investment if you invest it in any shit coin. I can suggest you that invest 50% of your total BTC any good project and trade with the other 50%. Trading is very profitable and it can double your money in a very short time if you can find a way to trade it correctly.

[Wintersoldier]

Your main question over here was "was your decision right or wrong" to sell your belongings to buy bitcoins. Well does it really matter now? Like you have already sold your old bike for bitcoin. This mean you have already taken a decision. Now, asking your self if it was right or wrong does not matter anymore as you can undo what you just did. All you can do is just buy another bike for yourself but then again, why would you be spending more money to get what you already sold? Don't regret what you did.

Did he already sold his bike? I think this is the first time he will decide on how this will going if positive or negative implication. Why not think about the market and consider the market price of bitcoin? You are still inside of the investment platforms rules, so if you ever decide to sell your bike, why not to choose the right time when to sell it? What I could advise is for you to base the selling price of it in fiats, then let the bitcoin market price decline a bit when you think it is already enough for investment then that's the time you should sell your bike.

[StephenieDuong]

I think you have make a great decision when lots of people give up on bitcoin. I can not tell exactly bitcoin can grow in 2020 and you will have good profit, but i see lots of pro traders showing that the market might have a new bull run next year. Wish your decision will pay off. 

[MarioV]

Of course you did well. Put those bitcoins away and forget: in a few years you will buy the car with them.

[Colt81]

         

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.

In my own opinion, if you didn't use your old bike anymore, you made a right decision sellling your bike in exchange for bitcoin because it will be worth it in the near future that you can buy a new bike or a brand new car, if bitcoin will start to increased it's price in the year of 2020. Patience is all you need for you to see the positive outcome of your decision.

[djsugar]

I don't want to hear back about the 2017 fomo where people sold their home, their cars, almost everything to buy in cryptos and then went homeless after the crash. 
This isn't the place to ask about such things. People gonna blabber anything and what if you end up selling your bike and in return you make a huge loss.
Such personal decisions should be kept outside this forum
Regarding investment at this price point. Wait for btc to cross 7500 mark before taking any investment decision this year.

[sudokuwallet]

I think BTC is much better investment, than old bike  

Bitcoin has 50/50 chances to grow, but old bike price will only decrease over time.

[Jocuserious]

I don't want to hear back about the 2017 fomo where people sold their home, their cars, almost everything to buy in cryptos and then went homeless after the crash. 
This isn't the place to ask about such things. People gonna blabber anything and what if you end up selling your bike and in return you make a huge loss.
Such personal decisions should be kept outside this forum
Regarding investment at this price point. Wait for btc to cross 7500 mark before taking any investment decision this year.

I agree with your thinking' basically i was looking gone year 2017 lot of people investment in bitcoin with sales their home, car, land many think and after some month later they are shocked for drops bitcoin price. I know about some people still have not recover compensation their money.
Note: this is my old bike and will never increase price this bike so wish is good luck hope my target will get success.

[JC btc]

I don't want to hear back about the 2017 fomo where people sold their home, their cars, almost everything to buy in cryptos and then went homeless after the crash. 
This isn't the place to ask about such things. People gonna blabber anything and what if you end up selling your bike and in return you make a huge loss.
Such personal decisions should be kept outside this forum
Regarding investment at this price point. Wait for btc to cross 7500 mark before taking any investment decision this year.

I agree with your thinking' basically i was looking gone year 2017 lot of people investment in bitcoin with sales their home, car, land many think and after some month later they are shocked for drops bitcoin price. I know about some people still have not recover compensation their money.
Note: this is my old bike and will never increase price this bike so wish is good luck hope my target will get success.

When I am seeing the year 2017, I am really amazed and feeling happy, because that  year really means a lot for all of us as there's a lot of lives who had change for good because of the bull run, there's a lot of people that becomes interested in crypto. I was also keep dreaming and hoping that I hope I had enough Bitcoin that time, so if you will sell your Bike now, time will come Bitcoin will rise again, so don't ever waste your time and don't miss the opportunity.

[coin_gambler]

I guess it's all right to sell our properties to invest in bitcoin. The main thing we did study and watch the behaviour of the Bitcoin market seriously before investing Bitcoin. And if you think that bitcoin is going to pump up, the decision to sell bitcoin bicycles is the right one. The error that often happens is that people are only interested in that bitcoin without their analysis and selling their valuables to bitcoin, but it turns out that bitcoin dumps lose a lot.