Post
Topic
Board Bitcoin Discussion
Re: Looking to sell a computer to raise money to invest in Bitcoin.
by
Kasabus
on 08/12/2023, 19:24:01 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?
You can as long as you don't need your computer anymore, otherwise you will regret selling after you lose. But let me ask you, why are you in hurry investing in bitcoin, so you won't miss the bull market? That's a wrong mindset. Never invest on the money that you can't afford to lose but always invest on a small amount that you are okay to lose. I think investing with $100 is fine enough.

Just sell your computer for emergency purposes. Don't do it so you can invest. Bitcoin can wait, but emergency cases can't.