Post
Topic
Board Bitcoin Discussion
Re: Life's first investment in Bitcoin by selling bicycles
by
Mauser
on 23/02/2023, 08:24:54 UTC
So I decided to sell my bicycle and invest in bitcoins. But since investing, the Bitcoin market has gradually started to decline. I invested with a small amount of money and from that small amount of money I lost like 5 dollars. But I am optimistic that I will definitely benefit from the amount I have invested.

That is a great idea and congratulations for owning your first bitcoins. Don't worry so much about the short term price fluctuations, you did the first step of buying coins and now you need to wait for the next big bull run. Once the bitcoin market recovers you can take some profit and buy a new bicycles. In my opinion it's clever to sell physical things we don't need at the moment and invest the money in bitcoins. Back in 2016 I did the exact opposite, which was my biggest trading mistake. After making a lot of profits in CSGO skin trading, I cashed out all my money into bitcoins, but didn't keep them. I sold the bitcoins and bought a new bicycle for it. It's a great bicycle and still works fine today, but every time I use it I think about how much the bitcoins would be worth today. Not going to make the same mistake again and will always keep at least some bitcoins in my wallet.