Quote from: AppliedOptimal on August 30, 2019, 06:27:26 PM

My car broke down and my mechanic said the piston rings are broken. I am in Europe and workmanship is expensive. I am thinking about selling some BTC for repairs and then another car. A friend of mine said he will sell his car to me for bitcoin. This is great and shows adoption is almost here.
I am pretty sure that if I sell, the price will increase, but I definitely need the car for groceries and other trips such as work, fun, etc. Taking the bus here is simply torture.
I could keep the repaired car but this is the second time it is giving me this error, breaking piston rings and this time I need trigger chain replacement, and other repairs as well.

My wife just told me we need to purchase book sets for both our kids. They are in private school and you need to purchase all the books and the experiment sets and all these cost good money.

I never sold a single Satoshi I always bought. I am thinking maybe it is time to start selling some. Maybe I can sell some eth instead.
Everyone can buy and HODL, but when you need money, you may need to sell even though the price is cheap. I have some emergency reserves but I honestly dont want to dip into that, even though my instinct is on using the emergency cash and then replacing it as soon as humanly possible. But then, if everyone holds bitcoin and nobody spends it, how is it gonna be adopted?

What do you think? Use bitcoin or keep holding and use emergency money?

Personally I'd ditch the car and buy a used one with way less problems than the one I currently have. Normally, bad piston rings often stem into more engine problems and you may have to replace the whole engine as a whole or get the top part overhauled (which also costs good money, somewhat on par with a used car) and if you're on a budget, that's definitely a no-go. I'd rather sell my bitcoins to fiat and just hope for the best, at least I used the coins into a useful cause compared to just having it sit there and hope that something will happen. Also, it will be one of your first purchases/expense with bitcoin (in a non-direct fashion) so it's a good thing. Emergency money should never be used in situations such as this, that's why you call it 'emergency' for a reason.

Also, this is more of a personal financial advice rather than a bitcoin-related matter. Take what I said with a grain of salt, and the final decision would always be yours as it is your money.`