I sell motorbikes to buy bitcoins

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I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

Well, that depends on where you live because if you use your local currency, it's possible that you won't be able to buy very much bitcoin when you convert it to US dollars, with the exception of if your motorcycle is the special kind called a power bike which I can consider that to give you a fair Satoshi that you can hold when you sell it.

Motorcycle unlike some special cars that you can auction out in the future, they are liabilities, you will continue to spend on maintenance fee and check it up even if you don't use them and doesn't still mean you will be able to sell them at the purchased price. It's better you convert it back to assets that you can see appreciate tomorrow.

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[hZti]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

Well, that depends on where you live because if you use your local currency, it's possible that you won't be able to buy very much bitcoin when you convert it to US dollars, with the exception of if your motorcycle is the special kind called a power bike which I can consider that to give you a fair Satoshi that you can hold when you sell it.

Motorcycle unlike some special cars that you can auction out in the future, they are liabilities, you will continue to spend on maintenance fee and check it up even if you don't use them and doesn't still mean you will be able to sell them at the purchased price. It's better you convert it back to assets that you can see appreciate tomorrow.

That is true, but even if he can only buy a small amount of bitcoin with a lot of his local currency it will be worth it. Because if he converts the bitcoin back he will have the same large amount again.

In any case people should not stop to invest, because they feel the amount is to small. This is not how it works.

[Tony116]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

Well, that depends on where you live because if you use your local currency, it's possible that you won't be able to buy very much bitcoin when you convert it to US dollars, with the exception of if your motorcycle is the special kind called a power bike which I can consider that to give you a fair Satoshi that you can hold when you sell it.

Motorcycle unlike some special cars that you can auction out in the future, they are liabilities, you will continue to spend on maintenance fee and check it up even if you don't use them and doesn't still mean you will be able to sell them at the purchased price. It's better you convert it back to assets that you can see appreciate tomorrow.

Yes, even though his old bike may not buy a huge amount of bitcoins, it will still get better as he continues to hold the bike, and it will continue to depreciate over time. Another thing is if he invests in bitcoin and he can keep it for 10 years, I believe a small amount can also turn into big savings if bitcoin can reach 500k or 1 million dollars in 10 year. With bitcoin, anything is possible, but with an old asset 10 years from now it will be useless.

That is true, but even if he can only buy a small amount of bitcoin with a lot of his local currency it will be worth it. Because if he converts the bitcoin back he will have the same large amount again.

In any case people should not stop to invest, because they feel the amount is to small. This is not how it works.

[Hyphen(-)]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

OP your decision is not bad, it is a good idea as you are trying to become a Bitcoin investor especially as the price is down now.

The question here is, did you have enough knowledge about Bitcoin?

If you don't know enough about Bitcoin, the best thing to do is to start learning the basics about Bitcoin, how to store your Bitcoin, and the safest wallet to store your Bitcoin; this will really help you and minimize the risk of losing your Bitcoin due to ignorance or lack of knowledge.

[Dickiy]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

Selling items that are no longer in use and still have enough price, I think the right decision is to sell them and reduce the burden on maintaining the motorbike.
My opinion about how you use the money from selling the motorbike to invest in bitcoin I think is very appropriate, which maybe you will get the same value later as you buy the motorbike in the following year.
It's up to you if you want to buy directly with full money or buy it with the DCA strategy, you have to be strong in does not selling it and I remind you to keep your Bitcoin in a safe place.

I think it will be the wrong decision if you sell your motorbike to gamble.

[Cryptomiles1]

I don't know how others may reason it or comprehend over this issues, to me it's the best decision you have ever taken because bitcoin is a valuable assets that increase greatly and have no bad effects over when you invest in it. It may only cause you a pain for selling a motorbike now, but when you buy bitcoin with the amount sold from the bike, within 1 to 2 years of investment you will enjoy ever taking such decision. So take the bite off and get some bitcoin since you had 2 already.

[Kaliandra]

thank you for the advice, friends, now I have bought bitcoin, from the sale of motorbikes, yes, even though the price of the motorbike being sold is not expensive, I feel happy because I am now investing in bitcoin.

[Franctoshi]

Selling Motorbike to buy Bitcoin isn't a problem , But where I'm most concerned is if you have good understanding of Bitcoin and its purpose before taking such decision, If that is in place then good you've taken a decision you know will favour you, And I hope your are not doing so because you either see or hear others at some point do sell some of their property to buy Bitcoin.

However, In business it actually involves a two ways thing, it either you profit or you lose.
Goodluk!.

[AnonBitCoiner]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation)

I don't know what country you are from and what is condition of price up and down in your country but here in my country almost all bikes price 2x in just six months. If you feel that you will get better bike than that with same price or cheap than it's good decision.

the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

You already told that the bike you willing to sell is extra from your need . Now the question is how much you can hold BTC. If you have plan to hold BTC 3-5 years than I think it's your good decision because price of BTC already down and market is down. If you cannot hold for long time then you can lose here because if BTC can down from 65k to 17k it can also go further down.

I'm ready to be corrected because I have no experience in bitcoin and crypto.

Now look back to you financial condition and the. Take decision wisely because profit and loss will put effect on you. I think buying BTC at current stage is not bad idea and it can rise in short term also

[Blawpaw]

Well, we need to find ways of getting Bitcoin right!? So everything makes sense as long as it is an honest way of getting Bitcoin. I just do some tasks online and only accept Bitcoin as payment and that is how I increase my BTC wallet. However, and since I also work with cars, Ill probably start requesting payment in BTC for that as well.

[goldkingcoiner]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

You need to be prepared for two things:

First: Bitcoin price will reach levels at which you will think to yourself: Its too scary not to sell because the price might change for the worse. This is your brain setting you a trap. Do not fall for it.

Second: You need to be prepared to make this a long term investment. Flip Flopping back and forth between Bitcoin and Fiat will only grind you down on fees until nothing is left of your money.

We might see 5k tomorrow or 50k. Do not panic sell.

Enjoy the ride. Bitcoin is always the right choice!

[romero121]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

You need to be prepared for two things:

First: Bitcoin price will reach levels at which you will think to yourself: Its too scary not to sell because the price might change for the worse. This is your brain setting you a trap. Do not fall for it.

Second: You need to be prepared to make this a long term investment. Flip Flopping back and forth between Bitcoin and Fiat will only grind you down on fees until nothing is left of your money.

We might see 5k tomorrow or 50k. Do not panic sell.

Enjoy the ride. Bitcoin is always the right choice!

The last sentence gives you the right understanding. Bitcoin is always the right choice. You need to understand the reality and make decisions. With time the market value of the motorbike keeps diminishing, with bitcoin things can happen to the peak rise or it can fall down to the bottom. This is how the market runs, so patience is always required. According to my understanding, there is nothing scary and nothing to get into panic when you've understood the market movements and the incident that drives the market by the time.

[Raflesia]

Actually this decision is not too bad in my opinion but indeed with the note that it is not used at all because instead of storing the vehicle until it breaks it is better to use it like that by selling it and replacing it with bitcoin as your deposit.
But on the other hand, you also have to be aware that this condition does not apply if you sell what you are currently using. Bitcoin is great but you don't have to sacrifice anything in your entire life to be here.

[TribalBob]

whether the decision is right or wrong, you sell it cos ur choise , I personally will do the same thing with you at this time, because I believe the value of btc will bounce back in the next 2 years and can be faster than the cycle,

[laurenB7742]

thank you for the advice, friends, now I have bought bitcoin, from the sale of motorbikes, yes, even though the price of the motorbike being sold is not expensive, I feel happy because I am now investing in bitcoin.

Congrats on owning your first bitcoins, the next thing you need is to add to your knowledge about it, if you don't have that knowledge, you'll soon sell your bitcoins at a loss. Investing in bitcoin is more than just buying and seeing it go up, which means we've been successful. You will have a tough road ahead and to get through all of that, knowledge is key. You are luckier than many people when you have the opportunity to invest in bitcoin at a low price, I hope you will seize this opportunity well.

[adzino]

I have 2 motorbikes at home, but what I always use is only 1 motorbike, and 1 motorbike is rarely used, and indeed the motorbike is also old, and if it is sold it won't be too expensive, and I decided to sell the motorbike, because in my opinion the price of the motorbike will definitely fall over time,
(affected by inflation). and the money from the sale of the motorbike I will use to buy bitcoin. because in my opinion the price of bitcoin in the future will definitely rise. and also currently the market is bear, so this is a good opportunity to buy bitcoins. and I want to ask everyone, the decision I made, namely selling the motorbike and the money to buy bitcoin, is it wrong or not?

I'm ready to be corrected because I have no experience in bitcoin and crypto.

If you only use one and you don't need the other, then yes, it's not a bad idea to sell your moto for bitcoin. Holding your moto will only cause the price of the moto to fall, but holding bitcoin in the long run will give you some nice profit and you can buy a better moto bike later. As long as you don't need the money, invest it in bitcoin. Or to be in the safe side, invest half of it in bitcoin and keep the rest in fiat cash.

[btc78]

I think of something similar how a campaign manager now selling his Motorbike not because he wanted to buy bitcoin but he wanted to pay amount hacked from His account 

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Good decision from your point mate because since you are not using those bikes it is practical to sell to use at other option 

Hope that this decision will not bring you regrets in the future mate.

[xSkylarx]

thank you for the advice, friends, now I have bought bitcoin, from the sale of motorbikes, yes, even though the price of the motorbike being sold is not expensive, I feel happy because I am now investing in bitcoin.

Just make sure you keep your bitcoin in a safe place and not in exchange, just to be sure, and also try to forget about your bitcoin for a couple of years, but it still depends on your needs as there are times that you are really in need of money. Best wishes on your journey to owning a bitcoin! And also, don't ever think of selling your other motorcycle! May we know what kind of motorcycle you have? I am not a motorcycle enthusiast, but I like riding my motorcycle and going to beautiful places.

[Dewchim]

That was a smart decision you took, leaving the motorbike unused at home will only result it been a liability and the value will keep on diminishing with time, by now I know that money you got from that bike must have doubled

[CryptounityCUT]

I think you will not miss any opportunity if you sell your bike and buy a BTC, why?...because simply BTC is an investment, bike if it is not some kind of an all-timer, then probably value will fall.