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.
This will worth if the market grows before he needs the money for living or something emergencies because he sold the car for the risk of gaining that has no assurance.i am wishing that he wont end up crying because of the stupidity he made because in crypto only INVEST WHAT YOU CAN AFFORD TO LOSE
Selling something which are useful in our daily life for something which just needs your savings and does not need you to sell your car or home for investment. Whatever the situations may be you have to start investing in Bitcoin or other crypto coins only with your savings and nothing more to put your money at risk. It is risk for you because you do not know up till now that you have to use only your savings for investment indicating that you have no perfect knowledge.