Topic: Are you ready to spend crypto when market is down (Read 3211 times)
Everyone thinks differently some people use bitcoin to purchase the things but other desires to make more money with investment in Bitcoin. So I think that both investment and spending bitcoin for purchasing money is a better ideas but spending bitcoin in those areas where people doesn't understand it and doesn't want to take payment in the form of bitcoin should not be done because to make them aware about bitcoin payment will need prolong time.
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
If one looks further to this point that Cryptocurrency has now emerged as a breakthrough concept, with Bitcoin leading the way. It represents a digital currency that operates on a decentralized network, where transactions occur directly between peers, bypassing traditional financial intermediaries. Where the basic purpose is as a medium of exchange although some people consider it more than just a currency. Cryptocurrencies have been attracting attention as investment assets, attracting the interest of those attracted by their potential for tremendous appreciation in value. 
I'm sure they won't spend all of it on a down market. because the decline can occur in a defensive manner, not in one round. maybe we have to wait for where the strongest support point is to really be sure where when we buy it at a price we think is already cheap the next round is the increase we will be waiting for not long I'm sure all traders will understand about this where they really have to really understand about managing their own assets.
That's for those investors who have often experienced this so never panic in conditions of declines occurring, but some of them spend assets when a decline occurs because they are afraid of losing all the assets they invest, and some of their traders do not know how to survive in market conditions are dumping and this we have often found, But for experienced traders, they continue to accumulate coins when downturns occur, because opportunities are never wasted.
I'm sure they won't spend all of it on a down market. because the decline can occur in a defensive manner, not in one round. maybe we have to wait for where the strongest support point is to really be sure where when we buy it at a price we think is already cheap the next round is the increase we will be waiting for not long I'm sure all traders will understand about this where they really have to really understand about managing their own assets.
That's for those investors who have often experienced this so never panic in conditions of declines occurring, but some of them spend assets when a decline occurs because they are afraid of losing all the assets they invest, and some of their traders do not know how to survive in market conditions are dumping and this we have often found, But for experienced traders, they continue to accumulate coins when downturns occur, because opportunities are never wasted.
if you already understand and understand about Crypto, of course buying when the market price is dropping is the thing that is most awaited and without hesitation for that.
even now I dare to spend my personal money needed for more needs if the correction in the Crypto market price is too deep, I believe that the crypto market will recover, and the reason is clear because I saw what happened in the past.
The decision to spend crypto when the market is down is a personal one. Regarding captioned post I think it is difficult to compare about the trending lines of market for any coin or for Bitcoin specially. Sometimes you can see the indicators trending in the market, and the volatility seems to be showing else. But within a short period of time, all of this can be reversed. It's important to consider the potential benefits, risks, and long-term outlook of both the cryptocurrencies market and your personal financial situation before making any decisions. However, it will be advisable to buy some other cryptocurrencies while the market is weak and to sell them when it strengthens. At last, follow the Wait and See rule, then make your decision.
So How will willing are you to spend crypto for your purchases?
If I have sufficient funds why not. This is one of the other promising investment options and for those who have experienced profits in crypto currency, this is the most eagerly awaited moment. yes. buy low and sell at a reasonable price especially for those who already understand. Our participation in this is necessary for this adoption to continue to grow. if not one of us even the smallest item started, then who else
even now I dare to spend my personal money needed for more needs if the correction in the Crypto market price is too deep, I believe that the crypto market will recover, and the reason is clear because I saw what happened in the past.
So How will willing are you to spend crypto for your purchases?
If I have sufficient funds why not. This is one of the other promising investment options and for those who have experienced profits in crypto currency, this is the most eagerly awaited moment. yes. buy low and sell at a reasonable price especially for those who already understand. Our participation in this is necessary for this adoption to continue to grow. if not one of us even the smallest item started, then who else
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Hold we need to hold when crypto is down spending crypto coin when it is down is a loss, because its value drop and you can only buy few things when its value are down , for me holding is the best option to avoid losses or is you cant hold swap it yo stable coin.like usdt, busd, etc..
Apart from having to hold back when prices fall, some people also take advantage of falling prices to buy back assets they like with the reserve money they have and I think that is also a good enough thing to do apart from having to hold on when the price is declining. And I also often take advantage of the decline to target Bitcoin at low prices, although not in large quantities because I only buy according to what I have, besides holding on to what I already have.In terms of investing, holding and continuing to accumulate during the bear season is advisable, if not mandatory, because that is how we can make the most profit. But if we need to solve an urgent problem and need money and there is no better solution, it is completely normal to spend crypto assets. No one wants to lose money when investment, but there will be many cases where money is not a priority. I am also selling my bitcoins for my child's life emergency, and I am willing to sell all my bitcoins without regrets.
Hold we need to hold when crypto is down spending crypto coin when it is down is a loss, because its value drop and you can only buy few things when its value are down , for me holding is the best option to avoid losses or is you cant hold swap it yo stable coin.like usdt, busd, etc..
Apart from having to hold back when prices fall, some people also take advantage of falling prices to buy back assets they like with the reserve money they have and I think that is also a good enough thing to do apart from having to hold on when the price is declining. And I also often take advantage of the decline to target Bitcoin at low prices, although not in large quantities because I only buy according to what I have, besides holding on to what I already have. 
Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Hold we need to hold when crypto is down spending crypto coin when it is down is a loss, because its value drop and you can only buy few things when its value are down , for me holding is the best option to avoid losses or is you cant hold swap it yo stable coin.like usdt, busd, etc.. I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
You have to sell cryptocurrency in a falling market in time, otherwise you might find yourself selling at the very bottom. Unfortunately, it's hard to say whether this crypto-asset will come back to life when the market starts to rise. That's why selling cryptocurrency on a fall may be the right decision.
Selling cryptocurrency at the very time it's falling dip is very risky, the kind of decision made at that moment determines wether one ends being a looser or an earner of his investment, we also have to consider the coin invested on, if bitcoin is your investment, there's no fear for missing out because it you continue to hodl it will certainly rise up back over time, but if you invested on altcoins then you're at risk because some may not survived high volatility when the price of bitcoin goes dip.
I'm sure they won't spend all of it on a down market. because the decline can occur in a defensive manner, not in one round. maybe we have to wait for where the strongest support point is to really be sure where when we buy it at a price we think is already cheap the next round is the increase we will be waiting for not long I'm sure all traders will understand about this where they really have to really understand about managing their own assets.
Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
As for me, it is hard for me to spend my crypto during bear season. Although in some unforseen circumstances, one has no option than to sell. I can't forget how I sold my matic at $0.48 per one then. Today, one matic is around $1. It's better to keep ones crypto especially if it Bitcoin and accept it as an investment.
There are emergency cases where you can't avoid using your asset to buy something, or exchange your asset to your local fiat for something that you really can't avoid to happen, but those who are capable of holding and continue adding more assets to their wallets, for them using their crypto will not be a good options, instead of using it they will keep buying while the value is still cheap.
We know that there are different investors and holders who are willing to hold and wait until the value of their assets reached the target value that they want to sell.
You are right about the case of emergency where there isn't any other hope than selling from your wallet. I could remember when I sold my matic at $0.48 just because that's all I have to solve my recent situation. But it better for one to avoid it as a hodler if it's possible.
For me i would rather keep my crypto currency and wait till i earn profit and will convert it to stable coin. Using crypto currency on paying on offline stores not for me i do not want to regret if the market will go high and use my crypto to pay local store for a very low price, I would rather hold it and convert it in the future. For me i treat it as an investment security because theres a possibility that the prices would go higher when the bullish season comes.
This means that you still really believe in price increases during the bullish season. I think that is also a very good thing because further bullishness is still possible for Bitcoin, but what is still blocking it now is the price correction that is still happening in the market. And for cryptocurrencies that have been properly guarded and stored for the future, it is clear that it will be very detrimental if they are spent at offline stores that actually still accept fiat money as a means of payment. So there is no need to throw away crypto currency if we can still use fiat currency to meet our human needs, because offline store owners also really like crypto currency and will keep it too for future profits.
Yes, if you believe that the market can still reverse back after this correction then better to keep your asset and not to sell it out or use it, for sure there are more investors and holders who use crypto for investment compared to those who use crypto for the sole purpose of this alternative currency. It's a tough decision to make as you can see that the value of your asset is not performing well, sad thing for some holders who got an emergency thing to address as they needed to sell out or spend their crypto even the value still down.
For me i would rather keep my crypto currency and wait till i earn profit and will convert it to stable coin. Using crypto currency on paying on offline stores not for me i do not want to regret if the market will go high and use my crypto to pay local store for a very low price, I would rather hold it and convert it in the future. For me i treat it as an investment security because theres a possibility that the prices would go higher when the bullish season comes.
This means that you still really believe in price increases during the bullish season. I think that is also a very good thing because further bullishness is still possible for Bitcoin, but what is still blocking it now is the price correction that is still happening in the market. And for cryptocurrencies that have been properly guarded and stored for the future, it is clear that it will be very detrimental if they are spent at offline stores that actually still accept fiat money as a means of payment. So there is no need to throw away crypto currency if we can still use fiat currency to meet our human needs, because offline store owners also really like crypto currency and will keep it too for future profits.
It's depends on how you plan your investment, and it's a choice too, some people are spending when crypto when are still upsidedown and some people spend because of situations, and some person's try to holding for long-term. But investing definitely doesn't require much skill, just common sense makes shopping easy, when I was in sss one my chemistry teacher use to say common sense is not common, I was confusing but when I fall in crypto investment that is when I understand what my teacher was saying, because you can not just come to cryptocurrency and start investing, you must put something upstairs before investing, and now when the fee is frustrating people some person's are saving there coins.
Investing requires great knowledge and understanding of the market, you can't just start buying at any point in time and expect your investment to be profitable. And you also can’t sell / spend your investments at any time, because in this case there will be no good result.Those who sell now, no matter for what reasons, will miss the opportunity to make good profits in the future. Yes, there are forced expenses when the situation may force you to sell, but this can be avoided if a person has good financial planning.
Yes, learning when to go in the market when investing is also a huge part to determine if you could get a profitable situation. You'll have to assess the market's situation to avoid your funds to get easily liquidated. It's fine to take your time if you think it's not the good time to invest in the current market situation, then wait for it since there's no late for people when it comes to investing.
Investing requires great knowledge and understanding of the market, you can't just start buying at any point in time and expect your investment to be profitable. And you also can’t sell / spend your investments at any time, because in this case there will be no good result.
Those who sell now, no matter for what reasons, will miss the opportunity to make good profits in the future. Yes, there are forced expenses when the situation may force you to sell, but this can be avoided if a person has good financial planning.
Well said. It all depends on people's decisions and mentality and you have no right to change that. However, you can offer an advice to help them prevent huge mistakes. Those who sell now, no matter for what reasons, will miss the opportunity to make good profits in the future. Yes, there are forced expenses when the situation may force you to sell, but this can be avoided if a person has good financial planning.
Personally, I'm avoiding using my crypto when the market is down because every single satoshi I spend now would be lost as an investment. I'm pretty sure it will double or gain much more value in the future. If a person needs to sell for emergency cases then it's more than understandable. However, if you don't need to spend your bitcoin it's better to keep them safe and not use them right now since the market is down.
I don't wanna miss the opportunity for maximum profit when good days come, these opportunities come once in years, so it's better to take advantage of them and use your investment wisely.
It's depends on how you plan your investment, and it's a choice too, some people are spending when crypto when are still upsidedown and some people spend because of situations, and some person's try to holding for long-term. But investing definitely doesn't require much skill, just common sense makes shopping easy, when I was in sss one my chemistry teacher use to say common sense is not common, I was confusing but when I fall in crypto investment that is when I understand what my teacher was saying, because you can not just come to cryptocurrency and start investing, you must put something upstairs before investing, and now when the fee is frustrating people some person's are saving there coins.
Investing requires great knowledge and understanding of the market, you can't just start buying at any point in time and expect your investment to be profitable. And you also can’t sell / spend your investments at any time, because in this case there will be no good result.Those who sell now, no matter for what reasons, will miss the opportunity to make good profits in the future. Yes, there are forced expenses when the situation may force you to sell, but this can be avoided if a person has good financial planning.
Jump to: