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    Author Topic: Looking to sell a computer to raise money to invest in Bitcoin.  (Read 761 times)
    Porfirii
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    December 08, 2023, 07:39:17 PM
     #81

    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 don't mention that Korea, ./ , in any case, hold bitcoin could be very dangerous... sometimes you have to measure many variables in a decision, even as simple as it may seem, at 19 years old you must already be prepared to accept consequences, and I wish all decisions were As simple as that, OP, $600 may not necessarily mean a great decision, it is money that you can recover in the short term, I mention this because of the volatility of bitcoin.

    Anyway, you must understand that it is not about selling goods but about having a flow of income that allows you to invest in the long term, in that sense, for example, a laptop can allow you to generate extra income and buy BTC, you can be selling " the goose with golden holes" for believing that you are buying the "golden eggs", is a financial metaphor.

    #TBT Topic is class of initiation for a forum newbie member, welcome to the forum.

    You don't have to worry fM. Apparently, he is living in South Korea, or at least that's what he said in previous posts in other threads.

    puradak, you have received many different answers to your question. I'm curious about what you think and finally decide. Welcome to the forum and good luck with your exams.

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