I finally sold my computer and bought bitcoin. I don't regret .

[puradak]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

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[Poker Player]

Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?

[puradak]

Assuming it is true what you say, do you have another computer, or laptop or tablet? Because selling the computer and being left with nothing like it doesn't sound like a good idea. It is also not the same if you use it only to play games than to do work. Can you expand a bit on your situation?

Yes. I have Samsung laptop. It's a small laptop, but I think I can use it for my college life.

[Mr. Magkaisa]

I sold my computer and bought about 0.06 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

         -  0.06 btc, you sold your computer? If I total it at the price of 42k, you sold your computer for 2520$, and for sure, when you sold it, it was second-hand. If what you're saying is true, it means that when you bought your computer, it was more than $2520, which could be double the brand new cost of the computer you sold.

This is my honest opinion and review of what you are saying. First of all, the story is unbelievable. You mean you bought a brand new computer laptop for more than $5,000? I am not a rich person, but I am not ignorant. Let's assume that what you say is true. That kind of decision is not bad if you allocate what you sold in Bitcoin and then hold it until the bull run.

[puradak]

I missed one 0 lol
Nobody said you are ignorant

[Cantsay]

I sold my computer and bought about 0.06 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

         -  0.06 btc, you sold your computer? If I total it at the price of 42k, you sold your computer for 2520$, and for sure, when you sold it, it was second-hand. If what you're saying is true, it means that when you bought your computer, it was more than $2520, which could be double the brand new cost of the computer you sold.

I believe he sold it for more than that, read the “for the rest of the money I saved them in my bank account”

I had to do a search of “most expensive laptops” and surprisingly some of them fits into the category of Op’s laptop because if he was to sell a used laptop for more than $3,000 then it should cost way more than that in its new form.

And if you were able to get a laptop like that in the first place then it shouldn’t be a problem for you to save money to buy bitcoin without having to sell off your properties. Not sure, but will you be willing to let us in on the name of the laptop you sold?

Edit:

I missed one 0 lol
Nobody said you are ignorant

Ooh now I was really surprised that a used laptop would cost that kind of amount I guess we know why now. 

Well congratulations on your bitcoin purchase.

[Nheer]

If you think this is the best thing for then Good for you because no one can decide for you what to do with your money or properties.

I hope you didn’t invest due to FOMO and i hope you are aware of the risk involved in cryptocurrency because it is not a get rich quick scheme. Also, hope you researched properly on the best choice of wallet and how to securely store and safeguard both your private key and your coins because you are responsible for them.

In case you haven’t this should be helpful to you

[General] Bitcoin Wallets - Which, what, why?

[2Pizza410000BTC]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

If you decided to sell your computer and invest in Bitcoin then I'd say you didn't make a bad decision. Because if you don't need a laptop, it is better to sell the laptop and invest bitcoins. But I want to tell you keep your investment for long time increase investment gradually hope you will definitely succeed.

[Silberman]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

Your last statement worries me a little bit, selling a spare asset that depreciates over time to buy one that does the opposite is a good move, saving some of your money and keeping it in reserve is a good move too, but when investing in an asset you need to be completely convinced about what you are doing, because if you are not then this could easily make you to take a bad decision if we get to experiment a correction on the next months.

[boyptc]

If you think that it is right then I'd say congratulations to you. As long as you are satisfied with that bud, then that's totally fine for you abd you do not need anyones confirmation if you did it right or wrong.

So do not say that you hope you did the right thing because in your title, you say that you dont regret.

[TimeTeller]

If you think that it is right then I'd say congratulations to you. As long as you are satisfied with that bud, then that's totally fine for you abd you do not need anyones confirmation if you did it right or wrong.

So do not say that you hope you did the right thing because in your title, you say that you dont regret.

In the first place, it is his money. So whatever he will do with it, is up to him.
So long he is not blaming anyone for walking that path of going into this market.
Also, I am hoping he has other gadgets to do his online transactions and others.
Because if you have other alternatives, that's not a problem at all.
The value of laptop can easily go down, but the potential of btc is quite high but risky.

[Odohu]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

If you need to sell your computer to buy Bitcoin, I'm afraid you will not be able to hold the Bitcoin for long. I don't know how you arrived at such a decision but I know that computer is a necessity for a young guy especially in our generation. Unless you have another computer.

The best thing to do would have been to start small with any amount you can afford to hold for long, even if it is $10 per week or month, let it be what you can afford to hold for a long time without being under pressure to sell. At a situation like yours, if you encounter any emergency that requires money, that Bitcoin may be the first thing to consider for sell.

To benefit the most from Bitcoin, it is always advisable to imbibe long term approach and that will only be possible when you have made provision on how to fund your needs outside your Bitcoin portfolio.

[SquirrelJulietGarden]

I sold my computer and bought about 0.006 bitcoin.

I hope you have other computers, laptops, devices to use.

0.006 BTC is not too much and you can work to have money for buying that amount of Bitcoin.

After selling your computer, buying bitcoin, where did you store it?

I hope you did not store it on a centralized exchange or an online account.
Reminder: do not keep your money in online accounts

Choose your Bitcoin wallets

I recommend Electrum wallet but verify what you download.
[GUIDE] How to Safely Download and Verify Electrum

[Samlucky O]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

I don't think it's the best option. Don't misunderstand the concept of buying bitcoin and hold. It doesn't mean you must sell your most valuable asset to buy bitcoin. I think bitcoin investment is for more matured minds whom have a tangeble thing doing, that generate a steady means of income which you can be investing little by little rather selling your computer and invest. If you don't have a business that brings money to you, I think you will still sell your bitcoin to use the money for other porpose. Except otherwise.

[kentrolla]

As this was a spare one and you still have another one to keep you updated and stay connected online I would say this is a good move as the value of Bitcoin will have appreciation wherein laptop or any other electronics will only have depreciation in it's value.

Until we have a backup we can do this but not foolish decisions like you have only one laptop but sold it for BTC.

Now, just hodl it until the peak of Bullrun which is speculated post halving in couple of months. It's more difficult to hodl BTC than acquiring one.

[bluebit25]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

I wish you the best in your own life, but I still want to share about your holding plan. Think carefully about the strategy you want to use to approach this market. Because here I also see many individuals selling their personal assets or borrowing to be able to buy bitcoins, don't consider it too forced to own bitcoins because the main issue is life balance. Because I understand that at some point, when the investment becomes profitable, it gives them the conditions to pay for many other things in life.

[Assface16678]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

I don't think it's the best option. Don't misunderstand the concept of buying bitcoin and hold. It doesn't mean you must sell your most valuable asset to buy bitcoin. I think bitcoin investment is for more matured minds whom have a tangeble thing doing, that generate a steady means of income which you can be investing little by little rather selling your computer and invest. If you don't have a business that brings money to you, I think you will still sell your bitcoin to use the money for other porpose. Except otherwise.

Well, even if we said that, it's too late. He already sold the computer; now I think he only has a smart phone for him to do cryptocurrency stuff, and I think I said in his last post that selling his computer is not a good option if he needs it for his studies or bitcoin investment. But yeah, he already did; now the problem is, how can he grow the fraction of bitcoin he has? I hope the OP knows how, because even if you don't have a regret now, if you didn't do well in bitcoin, then there might be a regret you will feel, but of course we don't want that to happen. I guess it's good luck for your investment journey. I hope you earn from investing in bitcoin and bring another computer for your reward.

Lastly, I think it's a better option if you don't sell your computer and just find a freelance job or sideline for your bitcoin investment, but I think you want to buy bitcoin immediately, so that's why your only option is selling your computer.

[KiaKia]

Its better to DCA than to sell something to buy Bitcoin, you will panic if the value dump on you weeks later, I am thinking you have no source of income because if you do you won't sell your PC.

Also is your PC a higher end? I am wondering why it cost this much and also its already a used PC, isn't it?

Anyway, congrat on your first purchase, this amount won't do much great, I suggest you keep buying while you can before the 3rd quarter of 2024, the higher the BTC you have before this time the better your wallet will look when BTC reach new all time high.

[davis196]

I sold my computer and bought about 0.006 bitcoin.
For the rest of money, I saved them in my bank account.
I hope this decision is right.

It seems that everyone is optimistic about the Bitcoin price and the forum got full with Bitcoin noobs posting meaningless forum threads.
OP, nobody gives a damn about what you sold and how many BTC you have bought. Just do your thing and good luck with your Bitcoin journey. This is a really tiny amount of BTC. Do you expect to become a millionaire overnight by making such "grandiose" Bitcoin investment?
Just keep HODLing your coins and don't panic, when the price crashes(it will crash sooner or later). Don't get involved into any "crypto investment" schemes offering your ridiculous profits and don't get involved into crypto day trading. If you keep this advice you will be fine.

[taufik123]

In order to be concrete proof that you are selling the computer, can you embed a link to the computer image sold.
It takes a visual appearance for there to be proof that you sold your computer and also bought an amount of 0.006 BTC.

Want to sell whatever it is the decision of the owner of the goods and start investing in Bitcoin.
I've even sold my bike to invest in Bitcoin in the past.
Long-term holding will certainly be worth it, but 0.006 BTC is still very minimal enough, you need to do DCA if you have other funds later.