Sell car for Bitcoin

[Adrian]

My friend decided to sell his car and invest all the money in Bitcoin as some people predict that 1 BTC will reach 500 000$ till the end of 2019.
He totally believes in it and tells that then he could buy not only a new car but a flat also.

Does it really worth it? He uses his car for his work and now he wouldn't be able to do this anymore as he thinks there's no need to work anymore.

[Ahmad Arwanj]

if I think selling a car for bitcoin investment is legitimate as long as the needs are met, because investing in bitcoin requires patience to expand the results. Because you don't need to be concerned with banks that have bills every month

[trofim21]

this is a very risky move, you need to invest free money, the price of bitcoin is possible and will reach such a mark but not in 2019 it takes more time

[Jun]

 nothing wrong  to his decision if he feels worthy,to expand btc business needs capital it legitimate action.actually it's a gamble our life is gamble .if he need  fish go fishing thrown fish if he needs money thrown your money.nothing wrong to sell your property fo btc he totally believer of btc

[aninurdini]

don't take risks, you invest for unused money, and don't force it to invest, because bitcoin trading is volatile,
the market could have gone up could have come down.

[Seerge]

I think that is a bold decision, especially if your friend doesn't really understand Bitcoin. The investment of Bitcoin and Cryptocurrency is not easy, requires extensive knowledge, if we go wrong then our money runs out. Unlike your friends who sell their cars to invest in Bitcoin, but from my work in Bitcoin like bounty hunting and bitcoin trading, I bought a car.

[Dynamite]

I understand your side as you are just concern about your friends current situation. The answer will be determined when the last day of 2019 comes. Most probably your friend is competitive and business minded.

[debra]

Selling a car to buy bitcoin sounds like a crazy idea. But I don't think this is a problem. Car prices will drop from year to year. While the price of bitcoin will rise every year. So, I think you can invest 50% of your money in bitcoin. And you can save some of your money.

[gribble]

I understand you are worried about the situation of your current friend. but most likely your friend is competitive or business minded. indeed selling a car to buy bitcoin sounds like a crazy idea but I think this is not a problem, because the price of the car will drop from year to year. save some money for necessities so I think selling cars for investment is nothing wrong as long as the needs are met because investing in bitcoin requires patience to increase profits

[dominoes]

The success of one person is not the success of all. Your friend grabs the seldom opportunity to take the risk to buy some potential altcoins at this market drops. Maybe your friend is so aggressive and futuristic with this crypto journey.

[KaptenCacing]

sometimes u need to sacrife anything for something that u want to get
like ur friends that sell his car
i think it will worth at future when btc hit $20k

[seng mangan]

I think your friend is really speculating if he buy bitcoin now and sells the only car he owns and no longer works,
then for what is the daily cost of living?

[kevinjulio]

I think the car is the secondary needs, no matter, if it has no survival, will not be disturbed by the record still has other means of transportation. If so not a problem, as long as it has to be well thought out very mature and doesn't be rash.

[kemalramdanu]

I think this is a silly idea and it's definitely a bad idea to sell your car just to invest in bitcoin. There are many ways to collect resources (money) to invest in bitcoin, one of which you can lend money to a loan company or at a bank and other options like this to raise money for investment. Bitcoin is a risky investment,

[Mocosolawatan]

if we have the expertise to take advantage of the downward crypto market situation. then selling cars for additional investment capital in bitcoin is very good bro. because we can get profits and the results we can use to buy a car again