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

[Reatim]

         

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.

damn man you gave me an idea,actually my Old Bike has been staying for me long time because i value the sentimental since this was my "first Purchased bike from College" but i think this is the right time to let go and make this more useful.

So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ??

no you've Done the perfect decision of your life and will sure in future you can buy even HD bikes when the bitcoin revolution takes place worldwide.

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.

you don't need to be an expert trader to understand that Future is near and Bitcoin is the currency who will serve us all that moment ,keeping them for years is the great move we all have done.

[Eugenar]

That's how to reuse things its called refactoring. If you're not using it anymore than why not resell and turn in into profit instead leaving it to rot. Investing into assets lets you grow your money and soon even buy a new bike just dont sell things that you can't afford to lose important possession like house, car and accessories. I've seen a lot of investors like that in 2017 when btc reach the 20k ATH.

Transactions in cryptocurrency is better if we don't limit selling only used items, but it could be possible that we can have a platform that sells used items in Bitcoin, wherein, people could use to find what they need and could be delivered to their home. Almost, we have an endless possible things to do with crypto in terms of transactions that involves money. I do really appreciate if more and more items like this could be posted because it induces hope and market adoption to people involved in cryptocurrency.

[fiulpro]

Hey
I think you shouldn't sell something which you have some meaning for , for something that could have a meaning.
I think it is really important to realize that, bitcoins is very unexpected therefore you shouldn't have made a move when the price was high , let the storm calm down then do something , usually there is a sharp period of decline or incline that could be seen and you have to gauge that .
But who am I to say ?
I am also holding it since 2016 therefore , hopefully we didn't made a mistake holding bitcoins this long .
But there are some positive factors too that one can see right now , the positive ones that are hinting that the price is gonna go up.

[Astvile]

If the price movement will go up and bitcoins price will continue to rise then it's a worth exchange I think. The thing is we really don't know if whatever we are doing will go the way we expected. Investments hold a ton of risk and each thing we sell to buy something like what you did we must be ready to have a loss. But if you have trust in what you did, be confident and be positive.

[Ridwan Fauzi]

In my country I can buy a car with 0.18 BTC, so I'll your decision is going good and seemingly I have to do something to follow your idea. I have an old car now and I'll sell it for 0.6 BTC and at the end I'll buy bitcoin and hold for long term investment or at least to prepare bitcoin halving event.

I know this decision has a high risk but I don't want to miss another chance to get a lot of profit from bitcoin. Also, I just thinking selling a car to buy bitcoin is quite reasonable. Since its price will fall slowly because there will be many cars who will come. I hope I can follow as you get now even I'll hope my profit for this decision will exceed what you get now.

[Asmonist]

Well, if you don't need your bike for now then its a good idea to sold for bitcoin. Otherwise, your bike will depreciate and bitcoin will soon be increasing in value but in no particular time. It can be early next year or the next months or so. Its really unpredictable so might as well be prepared  for anything could happen.

[Edraket31]

Well, if you don't need your bike for now then its a good idea to sold for bitcoin. Otherwise, your bike will depreciate and bitcoin will soon be increasing in value but in no particular time. It can be early next year or the next months or so. Its really unpredictable so might as well be prepared  for anything could happen.

Selling his bike is better for me rather than selling some of your properties just like what other people did wherein they sold their house and lot or some of their car just to buy some Bitcoins, well, I don't judge them as I know the potential of Bitcoin too but for me as a beginner in this industry let's take it slowly and just invest something we don't need much or we can afford to lose.

[Aying]

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.

You do a right decision, because making a decision like this is not an easy thing to do in crypto. A lot of people are negative about investing and being patient in crypto. so deciding this thing right now will give you profit at a perfect time. 2020 will surely bring a positive news, just observe the market situation.

[Casdinyard]

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.

That's actually a wise move, I mean if you just seldomly use your stuff and you knew it has some decent value then why not sell it.

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 ??

Many had anticipating the upcoming halving and so the upward movement of bitcoin so why not? As long as you hold especially long term, you could make profit. And by far, you risk in a good way.

I hope I also have a bike that have that decent amount. 

[Oasisman]

Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.

[Bim abk]

Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.

maybe it takes a strong mentality to do that because to sacrifice an object that is owned to aim at investment in cypto I think is very brave. because in my opinion there is still a way to make a profit by working inside crypto. so if it were me, then I would think again and maybe wouldn't do it

[andycarrol]

Selling the bike to invest it in Bitcoin, sounds a good decision. It also depends on the bike's condition, whether you're still using it in a daily basis, or It was left unused for quite a long time (since it was an "old" bike right?)
Preserving the bike (for sure It's a classic bike) will somehow make you spend money to maintain its good engine conditionings. While, If you invest it on Bitcoin, you will have a chance to buy a luxury car after making a pretty good return.
So, basically, you have just done the right thing.

classic or new bike I think the value will not be too high, but if invested in bitcoin, we have the opportunity to get more money. especially now is the right time and it's not too late for investing in bitcoin especially 2020-2021 there is something big that will make the price of bitcoin rise higher. so don't miss this opportunity.

[Ucy]

Can you afford to lose the old bike? If yes, then I think you made a fair decision. if no, then I think you made a wrong decision. People are adviced not to take such risk when investing.
I assume you already owned a new bike and can afford to risk the old one? yes? You made a good decision then

[Genemind]

It depends on what you value more and what you want to achieve in the future. No one can predict the exact value of Bitcoin or even its future in 2020 so no one can tell if you have made the right or wrong decision. We are advised to invest what we can afford to lose so the decision would also rely on you.

[killerfrost]

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

[bitbro678]

         

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.

Basically, just do what you think is right. Buying bitcoin is always a great thing to do especially if you're planning on holding it long time.

[cotton ball]

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

We can't prediction about bitcoin price at the future and better trust some one said with bitcoin price at the future because I have seen many wrong prediction before where talk bitcoin have higher price about $16K on last November. I keep trust with my self by looking situation with bitcoin and altcoin price still down and take opportunity to buy and sell bitcoin when have chance.

[Fappanu]

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.

[Boov]

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.

He, sacrifice something for a long term benefit that we all believe. I think he did a good choice for selling his bike for buying bitcoin , bitcoin now is very low and in such time it will go up again. I hope that he will hodl that amount for long term investment so that he will buy bike again.

[Dr.Osh]

investing in bitcoin right now is the right time, that's what I think. the potential of bitcoin to have a high price in the future is also very large and if you want to take a big risk, then I think you have made the right decision, it's just that you need to know the risk of that.
In fact, some people before you ever sold their homes, cars, and even their boyfriend's cars to invest in bitcoin. if you target prices after halving, then you have the same thoughts as me. I don't really know whether the price of bitcoin in 2020 will bring us to profit or not, but we all hope that it will, and its potential is the same as in 2017.