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Topic: Do you actively spend your bitcoins? - page 28. (Read 257603 times)

sr. member
Activity: 294
Merit: 251
September 05, 2016, 01:00:41 PM
I do spend some of my BTC's regularly for different purchases online, Frankly it's a better tricky to get BTC therefore I prefer using other payment methods to avoid the hassle of repurchasing and restoring my BTC wallet size.
full member
Activity: 162
Merit: 100
Crypto is love, crypto is life
September 05, 2016, 11:11:31 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.
thats true, and besides that you cannot make any money for holding your bitcoins, i think the best would be to actually just save it up
sr. member
Activity: 1050
Merit: 252
September 05, 2016, 08:48:19 AM
i do not choose whether to spend it or hold it , i do not hesitate to spend it especially whenever i'm in need and have to get money immediately . and if ever i've got enough profit from holding it there's no need to think for holding it for a few more months .
hero member
Activity: 798
Merit: 1000
September 05, 2016, 08:08:06 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.


You can make money with it if price is higher, but it will depend on at what price you bought, and if you want to make higher profits then its better to hold them for future.

That is what I am doing at the moment. I bought some bitcoins a few years ago. I still keep them for now at least.
I think if you invest last year this is the right time to sell your bitcoin and wait for the dump again, do buy and sell to boost your income and to make more bitcoin in the near future.

That is the right thing to do, if you are able to make profits with current price then you should sell your coins and again wait for the price crash to buy more of them.
sr. member
Activity: 406
Merit: 250
September 05, 2016, 08:06:20 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.


You can make money with it if price is higher, but it will depend on at what price you bought, and if you want to make higher profits then its better to hold them for future.

That is what I am doing at the moment. I bought some bitcoins a few years ago. I still keep them for now at least.
I think if you invest last year this is the right time to sell your bitcoin and wait for the dump again, do buy and sell to boost your income and to make more bitcoin in the near future.
newbie
Activity: 40
Merit: 0
September 05, 2016, 07:58:22 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.


You can make money with it if price is higher, but it will depend on at what price you bought, and if you want to make higher profits then its better to hold them for future.

That is what I am doing at the moment. I bought some bitcoins a few years ago. I still keep them for now at least.
legendary
Activity: 2436
Merit: 1102
September 05, 2016, 06:12:34 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.


You can make money with it if price is higher, but it will depend on at what price you bought, and if you want to make higher profits then its better to hold them for future.
sr. member
Activity: 420
Merit: 250
September 05, 2016, 05:22:15 AM
Used to spend 1 year ago. Now accumulate some.
I do not spend my Bitcoin because if I spend them I cannot make anymore money by selling them.
The only reason I make use of Bitcoin is because I want to make money of it.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 05, 2016, 03:38:15 AM
I am not spending it right now, I think that at the time the best thing to do is to keep it save, I will only use them or cash out after something around six months from now.
I think you should sell your bitcoins now, the price is increasing and it would be an easy profit if you do that. Anyway if your decision is firm to hold that for a longer period of time then that is also good because I am pretty sure you can still bigger increase in the near future.

I would say that don't sell your bitcoins today and you are just going to keep on waiting for the price increase. Because there is more to come with the
price of bitcoin so it is going to be better if you are not going to spend your bitcoins actively today. And that is what I am doing so that's why I have earned some profit by just holding it.
Preventing yourself in selling your bitcoins is not a good move, if you already see that you are in profit with the current price maybe we should consider selling but we can do it with a certain percentage only, like 50% first because we might see a fast price fall back and we might regret it.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 05, 2016, 01:24:00 AM
I am not spending it right now, I think that at the time the best thing to do is to keep it save, I will only use them or cash out after something around six months from now.
I think you should sell your bitcoins now, the price is increasing and it would be an easy profit if you do that. Anyway if your decision is firm to hold that for a longer period of time then that is also good because I am pretty sure you can still bigger increase in the near future.

I would say that don't sell your bitcoins today and you are just going to keep on waiting for the price increase. Because there is more to come with the
price of bitcoin so it is going to be better if you are not going to spend your bitcoins actively today. And that is what I am doing so that's why I have earned some profit by just holding it.
sr. member
Activity: 406
Merit: 250
September 05, 2016, 01:22:25 AM
Definately yes, i actively spend my bitcoin in terms of topping up mobile load, spend for gambling, investment, online shopping and sometimes i spend on my daily School expenses. Weekly i withdrawn 0.05 satoshi so that i have money to be use for that running week. Im thankful that bitcoin is exist in this world. Too many uses and bitcoin can really help to people needs.
Me also and that is also what im doing in my bitcoin, most of the time i use my bitcoin to pay my bills and do not engage in gambling that i know that is not profitable the method that i like to gain profit is trading it is very easy to me to earn profit.
full member
Activity: 224
Merit: 100
September 05, 2016, 01:06:37 AM
Definately yes, i actively spend my bitcoin in terms of topping up mobile load, spend for gambling, investment, online shopping and sometimes i spend on my daily School expenses. Weekly i withdrawn 0.05 satoshi so that i have money to be use for that running week. Im thankful that bitcoin is exist in this world. Too many uses and bitcoin can really help to people needs.
hero member
Activity: 2926
Merit: 636
September 04, 2016, 09:07:27 PM
I am not spending it right now, I think that at the time the best thing to do is to keep it save, I will only use them or cash out after something around six months from now.
I think you should sell your bitcoins now, the price is increasing and it would be an easy profit if you do that. Anyway if your decision is firm to hold that for a longer period of time then that is also good because I am pretty sure you can still bigger increase in the near future.
sr. member
Activity: 259
Merit: 250
September 04, 2016, 06:53:23 PM
I am not spending it right now, I think that at the time the best thing to do is to keep it save, I will only use them or cash out after something around six months from now.
hero member
Activity: 952
Merit: 503
September 04, 2016, 05:04:43 PM
Recently i never spend my bitcoin i think its right time to hold bitcoin because bitcoin are rising up its price and i am sure bitcoin will be go to more high its price and we will be get a big profit from bitcoin.
Well we are doing the same mate , where i don't spend my bitcoin at the moment because i read some article that before the year ends bitcoin will increase the price so for now iam holding my bitcoin and i am controling my self to not spend that much i am pretty sure that bitcoin will increase the price soon

If you're checking out the charts, that is true: everytime the price is the highest during the holidays (Nov., Dec.). That might still be a bad option, because the price could be 10x or even more the next holiday! The halving took place, and everytime it did... One year later, the price skyrocketed.

Everyone is expecting to see higher price in the end of the year but no one knows what actually will happen, so its better to hold our coins till the end of the year.
you are right that hold your bitcoin and until wait for the high price at the end of this year , i am sure that bitcoin will be go to rise up its price in high amount in the end of this year and i hope we will be get a big profit from bitcoin.
hero member
Activity: 2968
Merit: 605
September 04, 2016, 12:04:04 PM
i don t spend them i just accumulate
member
Activity: 70
Merit: 10
September 04, 2016, 11:11:16 AM
I earn my coins and keep most of it, but sometimes spending it weekly. Most times I have to convert it to fiat to use it though.
sr. member
Activity: 420
Merit: 250
September 03, 2016, 07:17:54 PM
Recently i never spend my bitcoin i think its right time to hold bitcoin because bitcoin are rising up its price and i am sure bitcoin will be go to more high its price and we will be get a big profit from bitcoin.
Well we are doing the same mate , where i don't spend my bitcoin at the moment because i read some article that before the year ends bitcoin will increase the price so for now iam holding my bitcoin and i am controling my self to not spend that much i am pretty sure that bitcoin will increase the price soon

If you're checking out the charts, that is true: everytime the price is the highest during the holidays (Nov., Dec.). That might still be a bad option, because the price could be 10x or even more the next holiday! The halving took place, and everytime it did... One year later, the price skyrocketed.

Everyone is expecting to see higher price in the end of the year but no one knows what actually will happen, so its better to hold our coins till the end of the year.
I think despite the high prices though. people are not spending because they are difficult to get stores that accept bitcoin payments. That is the basic problem
member
Activity: 84
Merit: 10
September 03, 2016, 05:59:41 PM
I use it mostly in the cryptocurrency market and investing in other projects, but I rarely use it for daily expenses.
legendary
Activity: 1330
Merit: 1019
September 03, 2016, 01:57:04 PM

for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?

I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol)

I wonder if there will ever be any retailers that only accept bitcoin.
For now i am holding my bitcoin because i want to earn more before i spend it all i want to earn more and hold my bitcoin i wan to buy a new laptop for my daily activities soon and for my school activities too because next sem we are required to have laptop on our school i don't know why i hate programming but i am going to buy a laptop
Even till few months back I have been interested in saving bitcoins, now I do spend small amounts on a daily basis but I’m still like you, I really just save it and hope it grows in value in very near future to make us rich.
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