Post
Topic
Board Speculation
Re: Sell car for Bitcoin
by
Temujhin
on 18/09/2018, 19:26:19 UTC
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.
I think your friend is doing very brave things, and your friend is very ambitious to want to make a profit in crypto, is your friend confident in predicting that the person who will reach $ 500k is not necessarily the next year, and if your friend invests in bitcoin see whether the market is good or not?

It's a pity when the results won't benefit when your friend invests big enough, think twice if to start when the market is bearish, at least you invest not just one point, because getting your friends to profit can be in other alt coins