Post
Topic
Board Bitcoin Discussion
Re: Looking to sell a computer to raise money to invest in Bitcoin.
by
Hyphen(-)
on 07/12/2023, 23:09:39 UTC
I'm 19 years old, living in Korea, and I'm thinking of selling a computer to raise money to invest in bitcoin. I think I can sell it for about $600. I get about $100 a month as an allowance from my father. $100 is only for personal use, not for living expenses. I've been using these $100s to buy bitcoin for a few months now. It's ridiculously small money, but I believe it could be quite a lot of money if I keep saving it steadily. Is selling a computer the right decision?
The decision of whether to leave your laptop or sell it depends on the work you are using it for. If the laptop has no use or is not a necessity for your daily earning, then you can sell it to add to your Bitcoin investment, but if the laptop is something very important for your daily activity, then you should keep it and not sell it because of FOMO.
The little amount you are saving monthly can be enough for you, because with time, you will see that you have accumulated some large fractions of Bitcoin. That is why DCA is the best method to accumulate Bitcoin.
 
Do not sell your laptop if you need it for either your work or your daily life routine.