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Topic: Do you like to hoard your BTC or spend it? - page 2. (Read 3752 times)

sr. member
Activity: 448
Merit: 250
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i like to hold the bitcoins until a huge price jumps in order to make some decent money in the near future
newbie
Activity: 28
Merit: 0
i would like to hold the btc for price increase

I would like to hold most of the coins I accumulated over the last several years. When the price is high, I will spend some.
legendary
Activity: 2940
Merit: 1083
SPEND IT

Save some though.

Why Spend the bitcoins ? I think it is not the best time to spend. If you have the bitcoins keep them save for one month or so alteast till halving. On halving when hopefully the price will be near 100 Dollars we can sell them all and get high profits. Selling at the right moment in halving is the key.
So take my word. Dont spend it now.

Do you think it will increase that way now if it is not for spenders. That is the wrong idea here. Too much saving wont get it any far. Think about all of us are keeping it. Then where is the movement to see the fluctuation. Nothing.
Almost half the bitcoin users are holding bitcoins for years and hence there are less coins circulating in the market. However, we shouldn't worry as more coins are being mined and even though there may be an instability in the market due to less trades, the price would keep moving as the present traders would continue to buy/sell bitcoins.


Okay that is true. But with this hoarding also a big problem could happen. I think it happened in USA or other countries where people are too much holding their money and the government is asking the people to use their moneys. Just heard it news from the past.
newbie
Activity: 42
Merit: 0
i would like to hold the btc for price increase





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sr. member
Activity: 294
Merit: 250
BTC hoard. because I believe that the longer the price of bitcoin will be ascending. and it will be very profitable in the future.

Obviously longterm holding Bitcoin is prefferable for me as well. I do spend little of my Bitcoins sometimes as well, but I mostly hoard Bitcoins to be spend in the future when I might need it much more.
hero member
Activity: 770
Merit: 500
BTC hoard. because I believe that the longer the price of bitcoin will be ascending. and it will be very profitable in the future.
and there are a lot of signs that bitcoin price will grow, first of all the a lot of people get interested in bitcoin and secondly the bitcoin halving is incoming and i think this will make the price grow

i like to hold all of my bitcoins because i know that the price is going to grow in the near future thus allowing me to gain a lot of profit, that the best investment option i have ever seen
hero member
Activity: 518
Merit: 500
Used to have a slight gambling problem with bitcoin; now I have the exact opposite problem. I love just hoarding my bitcoin transferring all the tips I made in a 12 hour shift into bitcoin is actually REALLY satisfying. Do you guys like to hoard your BTC or spend them?
i like doing both,spent my bitcoin sometime when i really need to spent it,then i hoard it when i need,now i hoard it because i think the price will rise and i plan to make profit,honestly i more like to spent bitcoin,no need worry and no need to wait any price changes,and spent for gambling iss worst decision,even sometime i love to do it.
legendary
Activity: 1554
Merit: 1054
I don't save any coins and mainly spend it the moment I earn some bits.

I prefer saving cash in the bank and earn interest rather than holding bitcoins as I had done that before wherein I used a wallet and then the wallet was just banned and I lost about $50 which was in my wallet that I couldn't recover. I fear the same with bitcoins.
hero member
Activity: 490
Merit: 500
I like to spend my bitcoin on trading sites. Buy some very cheap alt-coins with a good potential then I hoard it for a month. I wait my profit multiply by 2 or even bigger. That's how i spend it but sometimes i lose bigger than what I spent because i get nervous when it rise then suddenly goes down.
hoard altcoin will be more at risk in the appeal hoard bitcoin because not every altcoin has the potential to be a great altcoin and high prices. so you should be careful in buying altcoin and hoard it. because if you hoard it Of course you need a big bitcoin. and you will be a big loss if you lose
legendary
Activity: 1162
Merit: 1000
BTC hoard. because I believe that the longer the price of bitcoin will be ascending. and it will be very profitable in the future.
hero member
Activity: 532
Merit: 500
I am more on hoarding than spending when it comes to bitcoin. I like monitoring the amount of my coins so I can sell them in the future for profit. How do you get your tips? I am just curious. Please share Smiley
yeah hoard money will be better for you to be rich Surely you must have a strategy to not be wasteful in hoarding money.
I have a few tips. may not matter if you spend your money. but with the record you just spend a little money dude Cheesy
hero member
Activity: 1148
Merit: 527
SPEND IT

Save some though.

Why Spend the bitcoins ? I think it is not the best time to spend. If you have the bitcoins keep them save for one month or so alteast till halving. On halving when hopefully the price will be near 100 Dollars we can sell them all and get high profits. Selling at the right moment in halving is the key.
So take my word. Dont spend it now.

Do you think it will increase that way now if it is not for spenders. That is the wrong idea here. Too much saving wont get it any far. Think about all of us are keeping it. Then where is the movement to see the fluctuation. Nothing.
Almost half the bitcoin users are holding bitcoins for years and hence there are less coins circulating in the market. However, we shouldn't worry as more coins are being mined and even though there may be an instability in the market due to less trades, the price would keep moving as the present traders would continue to buy/sell bitcoins.
legendary
Activity: 2940
Merit: 1083
i can never deny the good feeling that i get from spending bitcoin instead of fiat. because it is so easy and continent to do. but also because of the rising price there is always a bad feeling when i spend bitcoin because i am a little bit greedy and feel like losing on the opportunity of profit.

Never should get a thought like that. Dont feel regret when you spend it. Or you spend it to a thing that have no value? It will be a good feeling if you know you spent it to a right way and made you feel happy for doing it.
legendary
Activity: 3080
Merit: 1500
I mostly like to hold my BTC because holding BTC is itself a investment with great potential. I have earned most of my bitcoin while the price was between $400 to $450 and now , BTC has touched $540, my holding value has appreciated as well. So holding bitcoin is also an investment and I am quite happy with the potential.

I do spend too but only if I get some good investment opportunity. I know some trusted borrowers in btcjam who has never failed a payment. I always investment in their loans ad earn interest on it. So it depends whether to hold or to spend.
hero member
Activity: 593
Merit: 505
Wherever I may roam
Hoard what you can, spend what you need. Like you would do with any other currency.
legendary
Activity: 1946
Merit: 1137
i can never deny the good feeling that i get from spending bitcoin instead of fiat. because it is so easy and continent to do. but also because of the rising price there is always a bad feeling when i spend bitcoin because i am a little bit greedy and feel like losing on the opportunity of profit.
hero member
Activity: 756
Merit: 500
Used to have a slight gambling problem with bitcoin; now I have the exact opposite problem. I love just hoarding my bitcoin transferring all the tips I made in a 12 hour shift into bitcoin is actually REALLY satisfying. Do you guys like to hoard your BTC or spend them?
i take about a quarter of my work earnings and put them into bitcoin, and i usually hoard this amount of bitcoin. but since the prices have been so high recently i havent been changing my work money to bitcoin cuz i feel like the price will drop soon enough.
hero member
Activity: 1372
Merit: 564
I like doing it both.I use to hoard btc and stock it and sometimes gamble it and gain small profit.When i reach my satisfied stock hold i store it to my bitcoin wallet and wait for price increase and then encash it to real cash to spend it in real life for buying foods and other stuffs i need at home and for my self
sr. member
Activity: 378
Merit: 250
spend it of course. enjoy the high price for now because we were not sure if it goes up more again.
member
Activity: 70
Merit: 10
I spend it so I can hoard more lol Before that halving happens, I'm thinking of getting as much bitcoin as I can even if I might be at a risk of not having any when it happens lol
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