Quote from: Bastok on September 17, 2018, 02:27:33 PM

Quote from: Starkick on September 17, 2018, 10:48:59 AM

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.

As we believe in bitcoin, I think I will do the same to sell my car (if i have a car😊) but i will not sell like my property or house and lot. Because he is right that he can buy one or two car once he able to gain profit of his investment. And for the mean time as mode of transportation going to work, he can ride a bus or train. There are options. I think car is only want not a need.

This is not true. Whatever the prospects, but to sell the necessary property and take loans - these are things that are not allowed to the crypto enthusiast. Bitcoin may not reach a large price in the next ten years. And then what? This person can even incur losses if he buys too much.