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Author Topic: I sell motorbikes to buy bitcoins  (Read 1195 times)
panganib999
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January 16, 2023, 07:43:55 PM
 #141

That is one good example of turning a liability, which in this case is your old motorbike, to an asset, which you sold for money to invest in bitcoin. The thing is if you kept your motorbike, you may find yourself suddenly eager to customize it and make it so it's on par with the current models, but that will certainly cost you a lot of money, which you could've used to invest into something else. Provided that you have a good and running motorcycle besides the one you sold, I would say you made a great decision investing it, although I wouldn't really suggest blindly investing your money on anything, doesn't have to be always crypto, without researching first and foremost.
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January 16, 2023, 08:43:16 PM
 #142

From the beginning when I join this platform I noticed that many people do sell their properties in order to get bitcoin as many of them that have done that have not regret about it so I believe that now that bitcoin is low and you sell your property to the Bitcoin you will actualize it in time coming so therefore I don't think that this is the first time somebody have sold it property to buy Bitcoin

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January 16, 2023, 09:39:56 PM
 #143

Well I can not say you made a mistake because it is an investment which is the right decision for your own interests. Selling your spare bike for bitcoin is absolutely wonderful too as there is a phrase that says sell what you can afford to loose" but here it is a bike you sold which is turning into a liability for your instead of depreciation you choose to make it appreciate buy selling it to buy bitcoin. That's was a good idea from you and also a good investment strategy you made for yourself. Doing it at the time of bear market is quite interesting because you would get high volume of bitcoin which would put you on high profit bull run but do not forget the phrase " not your keys, not your coin"stick to these words so you could be on the safe side and remember to save your keys phrase where only you can get it without any issues and free from second party.

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January 16, 2023, 09:51:30 PM
 #144

Well I can not say you made a mistake because it is an investment which is the right decision for your own interests. Selling your spare bike for bitcoin is absolutely wonderful too as there is a phrase that says sell what you can afford to loose" but here it is a bike you sold which is turning into a liability for your instead of depreciation you choose to make it appreciate buy selling it to buy bitcoin. That's was a good idea from you and also a good investment strategy you made for yourself. Doing it at the time of bear market is quite interesting because you would get high volume of bitcoin which would put you on high profit bull run but do not forget the phrase " not your keys, not your coin"stick to these words so you could be on the safe side and remember to save your keys phrase where only you can get it without any issues and free from second party.
Many people in this forum has testified this Bitcoin investment party sold their properties who invest in Bitcoin all the sense then none of them I've come and they give a post or write a post of a regression off selling out their property in order to invest in Bitcoin so it is a personal decision to sell your property to invest in Bitcoin because she will know exactly what is your plan before you could cell your properties to invest in Bitcoin

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January 16, 2023, 09:59:52 PM
 #145

Sometimes selling your properties to buy bitcoin is not advisable because bitcoin fade any day and the anytime so selling your property to buy bitcoin is like somebody who is risking each morning so it's not really good for you to say hi to your property to buy bitcoin for long-time investment about the process of investing in Bitcoin and the it collapse or crush for Love by rod and they happen to say eat with anger automatically have lose their investment and also lose your property so it is good to use a spare money to invest in Bitcoin

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January 19, 2023, 08:30:47 AM
 #146

Selling your motorcycle to buy bitcoin is not a bad idea, but it is due to your interest and the way you see that after you sold the motorcycle and you can invest and gain on it because bitcoin is not what you are thinking, like something that after you bought it you can sell it at any time and make a profit, bitcoin can pump and dump at any time, so my advice for you here is that before selling your motorcycle think wisely and then make your mind.

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January 19, 2023, 10:11:00 AM
 #147

Sometimes selling your properties to buy bitcoin is not advisable because bitcoin fade any day and the anytime so selling your property to buy bitcoin is like somebody who is risking each morning so it's not really good for you to say hi to your property to buy bitcoin for long-time investment about the process of investing in Bitcoin and the it collapse or crush for Love by rod and they happen to say eat with anger automatically have lose their investment and also lose your property so it is good to use a spare money to invest in Bitcoin
I really agree with your opinion, we should use reserve money to buy bitcoins, because if we sell motorbikes and other properties to buy bitcoins and all kinds of other coins it is too risky and speculative, but if you have more money it is not wrong if you try to invest bitcoin, because one of the big benefits of investing in bitcoin is that this currency is limited to only 21 million, then bitcoin will no longer be produced, then the price of bitcoin will continue to increase as the scarcity of bitcoin increases, but all of that takes a long time.

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January 19, 2023, 04:04:40 PM
 #148

You are one of the smartest people looking for opportunities, selling motorbikes to buy Bitcoin in my opinion is very appropriate, especially at the beginning of the topic you said that the motorbike you were selling was rarely used. Believe me, an old motorbike can turn into a new motorbike if the value of your investment increases. Bitcoin has been around for a long time, there is no doubt at all putting money there even in the long term. Your courage will bear sweet fruit when Bearish turns into Bullish, especially when you buy Bitcoin using cold money.

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January 19, 2023, 04:21:15 PM
 #149

Some people believe buying property is main reason (or solution) to reach economic independence. In my opinion person should have one flat to stay rent free and secure his/her belongings. And possibly one vehicle for transportation. So if you were selling your only motorbike I wouldn't say its good idea. But as you said you are rarely using it, its not necessary vehicle to own. So if I were you I would try to use that kind of opportunity to get more money to generate passive income that can help me buy another motorbikes! That's what coiners love in life. Philosophy behind this is actually to be king/queen of things you own, avoiding getting owned by them.
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January 19, 2023, 04:23:47 PM
 #150

It would be best if you sell motorbikes and buy bitcoins and hold because currently the price of bitcoins is in an investment position. Although the current life is happy with motorbikes, the price of motorbikes will decrease as they get older. But if you invest in Bitcoin and hold it, it will not decrease but will double in future. And if you sell the motorbike and invest in bitcoins then after a few years the money you invest in bitcoins from 1 motorbike will double in future bitcoins and equal to the money of many bikes. So investing in Bitcoin would be the best venture.

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January 19, 2023, 04:32:48 PM
 #151

I can't Said you made a mistake by selling you motorbikes to invest in bitcoin.. But for you to see motorbikes and invest in bitcoin that's a risk you've take.
NOTE:the motorbikes you're selling is business and you'll like to invest there too so for you to pack the money there and invest in bitcoin, God Forbid, you may loose which I know you may not afford and it may loose to other things or even affect your health. Bitcoin may fall when you need the money you invest so I think you should be investing the amount you'll be able to loose

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pawanjain
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January 19, 2023, 04:33:58 PM
 #152

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.

That's a good thing you have done. You should get rid of things you don't own.
Especially the ones whose value/price decrease over time. Investing it is a benefit for you all in all.
Invest it in bitcoin right now is a great decision because market is near bottom and we can see the prices spiking up again.
It's a good time to buy bitcoin. If everything goes right then your investment might double in the next one year.

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klidex
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January 19, 2023, 06:24:00 PM
 #153

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 the motorbike you are selling is unused and just lying around without any maintenance, then selling the motorbike with the aim of selling the proceeds to invest is not wrong because by investing you can benefit from owning a motorbike but only ignore it and never use it.
This choice is a wise choice where you can use unused items to make them your future savings.
Keep saving the Bitcoin that you have bought until it really touches the price you have targeted and whatever happens, never sell it.

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January 19, 2023, 06:25:31 PM
 #154

I just sold my Xiaomi e-scooter and reinvested it. Not a lot, but the other upside is that I now walk more, so a win-win in a way  Grin
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January 19, 2023, 07:07:26 PM
 #155

That's a good thing you have done. You should get rid of things you don't own.
Especially the ones whose value/price decrease over time. Investing it is a benefit for you all in all.
Invest it in bitcoin right now is a great decision because market is near bottom and we can see the prices spiking up again.
It's a good time to buy bitcoin. If everything goes right then your investment might double in the next one year.
Even though bitcoin is an investment instrument that allows its holders to get commensurate returns, of course they have to consider the risks. Nothing is completely risk free especially since bitcoin is a highly volatile asset and they should only invest amounts they can afford to lose. I like the optimism about the future of bitcoin and its price, and it may be true that now is the time to fill your bag and hold on for the long term.

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January 20, 2023, 02:36:29 AM
 #156

From the beginning when I join this platform I noticed that many people do sell their properties in order to get bitcoin as many of them that have done that have not regret about it so I believe that now that bitcoin is low and you sell your property to the Bitcoin you will actualize it in time coming so therefore I don't think that this is the first time somebody have sold it property to buy Bitcoin
I haven't seen any information before that someone sold his assets to buy bitcoins. But I saw a friend of mine took a loan from the bank a few years ago to buy bitcoins. Keep buying.  A few months later the price increased several times. That's when he sold the bitcoins and paid off his bank loan. He did a lot with the money he had today. And now he is a big bitcoin investor.

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January 20, 2023, 08:49:45 PM
 #157

Actually you really did a great job for yourself,I will say that a job well done.
Seeling you motorbike to a get a bitcoin that I will say is the biggest investment you have made to yourself and I will also say is that a very good risky. I guess before you sold your motorbike for bitcoin you know that advantage and disadvantage. But regardless to the disadvantage aspect of it there is always a good smile at the end of it.
Making such a great idea to yourself is like you made the biggest idea and plans too.that says that say what ever you plant that what you get in return. So I guess that a good idea and what for your profit.

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January 21, 2023, 01:42:30 PM
 #158

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.
the decision you made by selling your motorbike to buy bitcoin was correct, and I think it would be a long term investment. Because bitcoin in the last 10 years has proven that its value will remain strong amidst the global economic recession.

Because your goal is to invest in Bitcoin, of course, to make a profit from the sale of your motorbike. I think Bitcoin offers an opportunity to make a large amount of profit in the future.
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January 21, 2023, 01:45:44 PM
 #159

who will sell their 24 carat gold biscuits for BTCs?
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January 21, 2023, 01:48:08 PM
 #160

I think that now is the time to buy bitcoin

Not only now, but you can buy bitcoin whenever you want, bitcoin is a long term investment, as long as you can keep it long term, you can buy it when you feel comfortable and fit the situation. But now can be said to be the perfect time to buy bitcoin as the price is falling sharply, if buying bitcoin now is a great opportunity to make a big profit.
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