Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it
Payment options in other forms are always available, namely fiat. But in some countries like in El Salvador for example, the payments used in crypto form are like fiat payments in most other countries now. So that the residents there can obviously use two payment options to pay for whatever they want and that doesn't mean they or the residents there don't love the crypto they have, but they see this as another form of convenience for them to use on a daily basis. 
Topic: Are you ready to spend crypto when market is down - page 5. (Read 3030 times)
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?
Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it
If the intention is for investment I will agree that it's not the right time to spend your crypto, instead it's the right time to add more with your hold asset, buying while the price still cheap will give you more profits when the market start to pump up, but for sure there are people who are not after investment alone, they are using crypto as a normal means for transacting and even the value is down they will continue to use and support this industry to make sure that the ecosysystem will continue to flow.
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?
Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it
There are also instances where you need it in an emergency, so you don't have a choice but to spend it, or else you will borrow money from others just for your emergency. Though it would be really great if we kept holding this for a longer period of time and stopped the panic selling on it or just spent it because you want to buy your wants since you'll gain more profit in the long run, again, we can't dictate to people as it's their money and everything they can do for it, but this is just advice if they want to gain more profit.
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?
Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it
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 I need money for my daily and I think that I can afford it with my crypto then I would withdraw it to my bank with the appropriate amount so I don't get too consumptive with my purchase and keep my investing still going on, even when crypto market is at low stage then I'd still do the same thing and of course I do know the risk with every action I make.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?
People uses crypto for different purposes such as investment, for the technology, currency, etc and you can't just generalize everyone do to the same. 
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?
Are there still other options for making transactions besides having to use Crypto? if there are other options, for example, being able to pay using Fiat money, then I will not use Crypto for payment. For me it's better to keep Crypto for a long time until the market normalizes than having to sell it when the market doesn't support it
It depends upon the purpose. If the need can be delayed then I'll hold and wait for the right time. Another thing if the amount need to be spend is very small, then I'll go for it unlike the market situation. Because the rise in the market too doesn't make big variation over the amount being spent. In all means it is good to spend often, because most of the users miss the opportunity looking for ath.
Most missed the ATH as they are afraid or have fear when the market is falling, thinking that it will going to continue and instead of holding they will going to try to spend it up while they are still capable in using it around the market, or they will convert it into fiat and use it instead of paiently wait for another good bounce back.
Like what you mentoned, it will depend from the needs and how trader/investor understand the big potential of this industry to
recover and bring another new ATH.
It depends upon the purpose. If the need can be delayed then I'll hold and wait for the right time. Another thing if the amount need to be spend is very small, then I'll go for it unlike the market situation. Because the rise in the market too doesn't make big variation over the amount being spent. In all means it is good to spend often, because most of the users miss the opportunity looking for ath.
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?
For me, the best time to spend lots of money in crypto currency is when the market is down. A bearish market is a good opportunity for every one to ape into different gem projects they have been eyeing for a long while. It is important to note that buying the bear market is not for everyone; it is only for investors who have researched and listed out tokens they would buy when the price is low; if you buy every coin just because the price is low, the chances of profit is unclear
Everytime when i spend crypto at lows i think about potential losses that it can generate for me
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 put basis on how people from the past regret because they spend thier precious coins, sometimes the value of the coin is not very big when it is still inour hands and years may pass and the time change together with the value of the coin and then we lose, remember the bitcoin value from year 2010 and compair it today you will see that people who sell that time loss a big profit and regret. 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?
Actually everyone's regret is natural / there is with them selling in the previous period, if you look at the current bitcoin value however
as we know if we buy btc in 2010 and when btc reaches new ATH value they don't take profit that's the most regrettable thing.
regret actually , doesn't exist in btc because when we enter we must be prepared to lose
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 put basis on how people from the past regret because they spend thier precious coins, sometimes the value of the coin is not very big when it is still inour hands and years may pass and the time change together with the value of the coin and then we lose, remember the bitcoin value from year 2010 and compair it today you will see that people who sell that time loss a big profit and regret. 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?
The nature that investors must have is to know and be able to manage risk, not always the hope of profit in investing, especially cryptocurrencies can be fun, sometimes we have to get different facts and have to be brave to sell, the mistake of most people is that they are too sure that prices will continue to rise so they don't sell For example, I had an opportunity to sell at $60k in 2021 and it was profitable because I bought at around $45k, and in the end I was only able to sell at $32k last year.
If you are really that tending to hold then you wouldnt really that mind much for whatever the price it would be but we know that there are situations in life which we do really need to sell up for some different purpose which it cant really be avoided for sometime specially if we dont have some fiat to pull on which means that we do need to snip out something on our investment.This is why its always been that ideal for us to set out some target price or goal before we do decide to make out some sell and just for having that purpose.When market is going down then it cant be avoided that you would really be
feeling that kind of panic and just like on the example you have here which you had sell low compared into your buying point which is really that a very huge loss.
If we don't really need money then it's better to be patient, there is an opportunity to sell at a high price or profit, on spot exchanges we can set the price as we wish so we don't lose the moment to sell at a high price, but most people are impatient and panic when they see a decline so they lose and regret.
If you can still be patient and don't want to sell at a low price or when the price is dropping, it's better not to store your assets in any exchange. Because you can still store it in a better place, such as in a wallet, when you want to sell, you can send it directly to the exchange. So you also don't need to place orders on any spot exchanges if you're not trading or anything like that. Even though it is the smallest part of being patient.Here have a different point of view, we have a different perspective, those who invest in Bitcoin certainly will not sell in a declining market because this is not a smart move and is not worth doing and doing a good job, they will not sell but buy for add investment assets, but for those who may be experiencing difficulties with their finances, they will sell some of their assets even though the market is declining.
If there are other options that can be sacrificed or used to cover existing difficulties, it's better not to sell your Bitcoin even if it's only half of the total assets you have. Because for me Bitcoin is more valuable than other cryptocurrencies now, so I will choose another option for me to sacrifice if I encounter unexpected difficulties. So don't be too hasty in making a decision to sell half of the assets you already own if you can still use other options to overcome a difficulty. 
The nature that investors must have is to know and be able to manage risk, not always the hope of profit in investing, especially cryptocurrencies can be fun, sometimes we have to get different facts and have to be brave to sell, the mistake of most people is that they are too sure that prices will continue to rise so they don't sell For example, I had an opportunity to sell at $60k in 2021 and it was profitable because I bought at around $45k, and in the end I was only able to sell at $32k last year.
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Many people hope to get big profits but don't understand the risk, the bigger the profit opportunity, the higher the risk automatically, sometimes as investors we have to be brave to take action, if the trend continues to decline and there is no hope in the short term then it's better to sell, there is always next opportunity to buy again and if we feel it's cheap we can get a cheaper price and avoid losses due to holding too long.
I agree with you on the part of understanding the how risk works inline with the profit expected from an investment, it is absolutely correct that the higher the profit expected, likely the higher the risk of such investment as well.But on the part of selling when the market is down, I think this is a bad idea, I personally think it is better to hold when the market is down, or better still, the market is on a steady decline, then in this kind of market situation, it is best to sell and buy in back at a cheaper rate, or if we have more extra money at hand, we can always keep what we have and buy more while the price keep declining - DCA.
Bitcoin and crypto are starting to become very popular and more in public then ever. We are starting to see many online and offline stores are ready to accept crypto as payment just like they do with fiat and on credit.
I have done payments for good in past with my Bitcoin but now in the 'bear' market I will not. I do not think it is the correct time to spend your Bitcoins or other crypto and you should wait to exit this downward market.
I have done payments for good in past with my Bitcoin but now in the 'bear' market I will not. I do not think it is the correct time to spend your Bitcoins or other crypto and you should wait to exit this downward market.
Many people hope to get big profits but don't understand the risk, the bigger the profit opportunity, the higher the risk automatically, sometimes as investors we have to be brave to take action, if the trend continues to decline and there is no hope in the short term then it's better to sell, there is always next opportunity to buy again and if we feel it's cheap we can get a cheaper price and avoid losses due to holding too long.
Invest if you plan to earn from cryptocurrency it is better to hold these coins when they fall in the crypto market. Even if the price drops don't be disappointed have to wait for long term but before that think everything and then think about investing. The perception of the cryptocurrency market among investors will be clearer.
If we don't really need money then it's better to be patient, there is an opportunity to sell at a high price or profit, on spot exchanges we can set the price as we wish so we don't lose the moment to sell at a high price, but most people are impatient and panic when they see a decline so they lose and regret.
Here have a different point of view, we have a different perspective, those who invest in Bitcoin certainly will not sell in a declining market because this is not a smart move and is not worth doing and doing a good job, they will not sell but buy for add investment assets, but for those who may be experiencing difficulties with their finances, they will sell some of their assets even though the market is declining.
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