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.
It's both moronic and risky move to do that and to be honest, that's the stupidest move I have heard in my whole time with bitcoin investments. Why would someone sell their car, which they use for work, for something as volatile as bitcoins? That's just dumb. Never follow this guy's moves because you might end up
losing everything too.Why do you say "losing everything too"? He didn't lose everything now and when the price will rise he will even gain I hope. I don't say that we should follow his steps but the one who doesn't risk doesn't drink champagne.