Post
Topic
Board Bitcoin Discussion
Re: Looking to sell a computer to raise money to invest in Bitcoin.
by
serjent05
on 08/12/2023, 22:43:57 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?

If you do not need the computer then why not?  It is a wise decision to sell the computer and buy Bitcoin from the sales because the computer deflates in value over time since the release of new technolgy now a day is constant so sooner or later your computer specification will be obsolete compared to new releases.

It is a good thing to know that you started accumulating Bitcoin and as of now, I bet you are in profit due to the current surge of BTC.  I think it is a good move if you continue to accumulate because if this is already a bull run, we are just at the beginning of the phase.  We can expect higher prices as this bull run continues.