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

[luckyflop]

No one knows whether 2020 will be a favorable year for the market or will be a difficult year like 2018 and 2019. But if you've sold your car and invested in BTC then I think it's a pretty reasonable decision. Your car will lose value in the next few years, but BTC will not. In the next few years, the price of BTC may be many times better than it is now and you will have a lot of profit if you invest now. Alternatively, you can choose altcoin and hold, if you're lucky you can buy a car in the next few years

[metenjean]

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.

[Kambal2000]

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.

He just sold his Bike, which I think is fine as it can depreciate in value over time or worst will just get rotten in your house, so better to invest it rather than selling your house or any good properties, at least you can still have another bike once you work hard, but once the Bitcoin's value get's high, then it will be a big opportunity that we will missed again.

[Bonenx14]

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.

He just sold his Bike, which I think is fine as it can depreciate in value over time or worst will just get rotten in your house, so better to invest it rather than selling your house or any good properties, at least you can still have another bike once you work hard, but once the Bitcoin's value get's high, then it will be a big opportunity that we will missed again.

it is also a good idea because it sells goods whose prices continue to decline and are also unused to be diverted to other places. as long as he can handle the funds and also has the right decision so he may do that, the most important thing is not to make mistakes if he has made a sale.

[Asuspawer09]

         

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 was a good idea since the bitcoin market price was in the low side playing in 7000$ in the market I think it is a slightly good opportunity to invest in bitcoin or buy bitcoin so that when the market recover next year it will be a good amount of profit. Also investing in cryptocurrency or bitcoin was already a big risk for a lot of people since it was digital cash or a digital transaction. I think it was safer to just invest your money in a passive income since it was a good start for a small business or even a small apartment that could give you more of sure cash than investing in cryptocurrency.
It could also be a bad idea we don't really know if bitcoin market price could increase its market price in just a small amount of time, we know that the market place has a lot of delays and it could increase could not increase its price next year but in 2022 which is not worth it if you are going to consider the time you put it in investment.

[MancyZz]

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.

good with beginning, sell your bike for buy bitcoin is bravery and the righ choice. stay hold your bitcoin untill next year and i am believe that you get more profit from that. when someday bitcoin going dropped don't be dissappointed and don't to be panic then sell it, bitcoin has fluctuation price so when bitcoin price dropped stay hold untill increase price and you get profit

[bitcoinsocial09]

         

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 was a good decision because the market price was down and it is a good opportunity to invest. But nobody can tell since the market price of bitcoin was so volatile the market price could easily go down in just a small time so we don't really know if the market price of bitcoin will pump or dump so I think it is just a matter of luck in investing but still it is not a bad decision ether.

[aamirsuh]

Is there a right time to get bitcoin? I don't think it's the right time. It makes more sense in my opinion to make continuous purchases in small quantity. Because lowering the average price means a better investment.

[kotik085]

The upcoming 2020 will give positive emotions, and even more so from trading on the Yobit exchange. I expect a bullish trend after the holidays and on New Year's holidays.

[DDante]

You will be fine definitely you don't have to be worried because bitcoin is the best coin you can invest the money on and now that 2020 is few days away be expecting good profit before the year runs out

[Artemis3]

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 go long term you made the right choice. If you were expecting a quick return, you might get disappointed and even get desperate and then incur in loses by selling before you recover (which is the problem many have, lack of discipline).

In the future, that money will probably allow you to buy an electric bike, they have started to pour out along electric vehicles. I don't know if Tesla will ever get into that, but some Asian manufacturers already have, and one Italian if i recall correctly...

So you did prepare for the future. I hope you are familiar with the process of creating and using cold wallets, as for long term savings, a piece of paper with handwritten words are your best way to protect that investment.

[thirdlight]

The upcoming 2020 will give positive emotions, and even more so from trading on the Yobit exchange. I expect a bullish trend after the holidays and on New Year's holidays.

I think that we should not wait for the market to grow in winter, but in 2020 the market should begin to grow strongly, approximately in spring and summer.

[Maotezi]

         

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.

It's all right, you have the perspective and the mind of a businessman, but time will show your patience.
You have to be one step ahead if you are planning to make a profit.
I think at the right time you made that change from bicycle to bitcoin, but it is up to you how much profit you will take.
All in all, you don't even need to be an expert to be a great trader, just the mind of a businessman.

[wxxyrqa]

On the one hand, according to many forecasts, it can be concluded that Bitcoin no longer intends to fall in price, and that next year may become really significant and we will see another bullish run on the cryptocurrency market.  Of course, it is a very good idea to take old things and sell them so that the proceeds are invested in bitcoin.  This decision is right, because the risks of cryptocurrency investments do not burden your home budget, and on the other hand, investing in Bitcoin in the future can make you a truly rich person.

[qiwoman2]

Well, the value of your bike would most probably depreciate over time unless it's some vintage item, but if it's just a second-hand bike without much value, then it's best that you sold it for an asset that most probably over the next few years will yield you some ample profit. At the end of the day, you need to be confident in the investment decisions you make, even if they turn out to be the wrong ones. Try always to follow your intuition as it most likely is the right choice for you at the time. I would never just go by what others are doing, I will always make up my own mind. If you feel happy to have sold your old bike for Bitcoin, then that is the right decision you have made for yourself. I wish you good luck and hope that your Bitcoin bag will grow over time and bring you good fortune.

[hahay]

That has become your personal choice so it's useless when someone advises you for a day trading or whatever because you have chosen the best way for yourself and that decision I am sure will be fine anyway, because in reality it is an old bike you sell because there are still crazier than that, like selling his lover's car, selling a house, etc. So as long as you are confident of the decision to hold long-term then just keep going and have to stay consistent.

[nydiacaskey01]

How about posting your Bike in the marketplace here and ask for Bitcoin as payment directly, that way you don't need to convert your fiat that will be paid to you for your Bike. Another thought is if you have a buyer already for your used Bike, go ahead and sell it as long as someone is still interested to take that off your hands at a decent price sell it. Don't wait for the time when it will be hard for you to sell your bike because its old and outdated.

[adzino]

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.

[nienzer]

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.

Don't regret what you did is the best advice ever. I think you are doing right if you are making a decision on your own

[Mulann2]

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.

Don't regret what you did is the best advice ever. I think you are doing right if you are making a decision on your own

bike is already old according the OP, so i don't there is anything to regret rather he should be proud of making such important choice, if am also face with such choice, i think will also do what the op has done, imagine in 2 years to come what that invest will amount to.