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.
Well, you've done yourself solid but, am not entirely sure it was a good move to have your belongings sold just to invest in bitcoin. It's not soke straight up idea and you better not be doing that. One principle to investing is that;
You invest with your spare money or that which you can afford to lose.
Now, having your belongings sold in other to invest simply means, you not using your spare money to make that investment and that is clearly something you can't afford to lose.
The bitcoin market is clearly one that you can gain from a long time of hodling but, the means to which you love used to acquire the sats which yiu are hodling now is one that could easily lead you into loses by putting you in the pressure for profits.
Like you've noted already, your $6 down of your original investment, you must as well have lost money from the sale of your bicycle as no one would want to buy it for its worth and just like that, the loses are already coming.
Anyway, goodlyck to you but, I hope this be the last time you use this move in getting the funds you need for an investment.