Do you spend less bitcoin/alts now? - page 5.

goldcoinminer

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Quote from: weblouartisan on June 15, 2018, 10:48:28 AM

Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

If you want to know if when will the prices of bitcoins is going to increase then you will not know that because there is no accurate time or prediction because the market is volatile.

So let's just be hopeful that the price market will finally start to increase so we can see our investments growing as time goes by.But since crypto coins are too much volatile,we all have to be patient particularly with the current situation that the market is still bloody.I suggest to hold still our coins so we will not make regrets if time comes that prices are already ×10 compared today.

Muzika

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before I always spend my coins now I put in on my savings it is better to hold for now so that in the end you will not regret the holdings you have done. When the market is red hold when the market is at high spend what you can.

weblouartisan

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Lets Go Adab

Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

If you want to know if when will the prices of bitcoins is going to increase then you will not know that because there is no accurate time or prediction because the market is volatile.

BountyGram

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Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

When it was downtrend I was purchase coin that I know will have a good value and I hold it until the market would back into normal. I never spend my coin too if I loose profit on it but before purchasing coin make sure that you have another money to spent when the price is on the downtrend so that you are not going to think what will happen you don't have money and sometimes it cause suicide.

HatakeKakashi

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If you sell your bitcoin and altcoins with the cheap price you will lose some of your money if you bought your coins with high price and sell it is not a good Idea. But your decision is good to do all of traders follow to hold their coins to pump the price.

Instead of selling bitcoin and altcoin you must buy more coins to earn more money. Losing money is not good for you.

ofelia25

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Quote from: Nicol3 on June 15, 2018, 09:53:31 AM

I dont spend anything not unless it is really needed. And I just travelled from outside my country and needed to withdraw some profits, and that was the very first time I spent my altcoin and bitcoin. But other than that, I would just hodl then for longer term.

That is right, we need to secure the fund that we have right now, so don't ever spend it yet, just spend it when the perfect time will come and that is if the value of it becomes high so just be patiently wait while you still can.

Lampaster

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Everyone says they don't sell their bitcoin. I do too. But there is no shortage of offers in the market. Strange huh? Someone's selling their supplies. Maybe we should wait until they sell everything. Today, the daily sales of CEX io decreased to 446 btc. This is 5 times less than usual. Do you think it's good or bad? No one wants to buy or sell bitcoins?

Nicol3

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I dont spend anything not unless it is really needed. And I just travelled from outside my country and needed to withdraw some profits, and that was the very first time I spent my altcoin and bitcoin. But other than that, I would just hodl then for longer term.

Glorypaasa

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Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

Yes, I'm controlling my self to sell my bitcoin and alts because the best thing I can in this situation is to hold it because I know it will generate a lot of profit again and If I have some extra money I used this chance to buy some part of bitcoin.

eternalgloom

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Quote from: Inkdatar on June 15, 2018, 08:21:56 AM

Quote from: ashkanm on June 14, 2018, 05:29:42 PM

If you can afford to hold onto your bitcoin, I think that would be the wisest thing to do because I think eventually it'll rebound and creep back to its ATH and beyond.If anyone sell the bitcoin at this point,they will have loss in their hand.I am holding everything and will only sell when all prices start to recover

Right if someone can afford to hold then hold your btc we may never know price next could increase. I just spend less for now since the value is not okay were still in the bearish trends. Therefore, someone can spend theirs so depends on how they can manage their assets.

Yeah it's really not a good time to spend your Bitcoins when the price is that low, especially if you have bought them as an investment.
That said, I still think it's good to make smaller purchases with Bitcoin, just to support the businesses that accept it.

It's different for me with altcoins though, those I still spend on a regular basis.
Mostly because I alway need to convert my Steem to fiat anyway, so I'd rather spend it directly.

crazycatwoman03

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Quote from: kateryana81 on June 15, 2018, 06:43:16 AM

Quote from: tomahawk9 on June 13, 2018, 04:23:32 PM

I still spend my btc. Sometimes I need to pay for some stuff online and the regular places I use have Bitcoin as a payment option so...why not? but it's just small and cheap stuff so it doesn't actually feel like a loss to me. I also sell some of my btc whenever I need some extra fiat asap. As for alts, I usually don't spend that much, I'd rather use btc.

I am not in very much favor of spending of any of the crypto coin especially when it comes to that of the bitcoin. It is because spending of the bitcoins will only result in wastage of money and that it is much better not to do any such thing as the market is quite low for now and that saving is something which can help you in having more profit in the coming days.

Spending bitcoin is very expensive when the market price is low so it is not really advisable to use it at times like this. If you are a thrifty person you will deeply feel the importance of bitcoin right now especially if it is the only thing you have as an option to be used for paying expenses, buying needs and etc.

I have altcoins in my wallet but it is also not a good time for these to be sold, the price are really on dip and as much as I want to buy something for myself and my family, I would rather hold for now.

Inkdatar

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Quote from: ashkanm on June 14, 2018, 05:29:42 PM

If you can afford to hold onto your bitcoin, I think that would be the wisest thing to do because I think eventually it'll rebound and creep back to its ATH and beyond.If anyone sell the bitcoin at this point,they will have loss in their hand.I am holding everything and will only sell when all prices start to recover

Right if someone can afford to hold then hold your btc we may never know price next could increase. I just spend less for now since the value is not okay were still in the bearish trends. Therefore, someone can spend theirs so depends on how they can manage their assets.

kateryana81

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Quote from: tomahawk9 on June 13, 2018, 04:23:32 PM

I still spend my btc. Sometimes I need to pay for some stuff online and the regular places I use have Bitcoin as a payment option so...why not? but it's just small and cheap stuff so it doesn't actually feel like a loss to me. I also sell some of my btc whenever I need some extra fiat asap. As for alts, I usually don't spend that much, I'd rather use btc.

I am not in very much favor of spending of any of the crypto coin especially when it comes to that of the bitcoin. It is because spending of the bitcoins will only result in wastage of money and that it is much better not to do any such thing as the market is quite low for now and that saving is something which can help you in having more profit in the coming days.

BeGoods

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Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

Yeah when bitcoin prices drop off of course when you want to shop using bitcoin. you have to pay more / more expensive than before. because prices are declining. but some users here may use bitcoins for their primary earnings. so maybe low price happen they will keep spending because their needs must be paid.

Hazaki

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There are two ways to approach this topic and the answer totally depends on one thing and one thing only : Whether you are buying things in coins or in fiat ?
If you are buying things in coins then the prices won't be changing and whether a coin is worth 1$ or 100$ it's the same price in crypto .
If you are buying things in fiat and will be having to cash out some of your coins or trade them with fiat in order to satisfy your needs then i'll certainly be spending less because the same amount of coins will be returning much more money if i do manage to hold it for a potential future bull trend .

jhonjhon

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Quote from: goaldigger on June 14, 2018, 10:49:39 AM

I dont have much on my profit so i even spend less or nothing at all. We are all aware that the market is bloody low now and spending is quite contradictory to the situation. We should be more on buying or holding rather to withraw or sell it on a low price. Its best to stay it in there for a little bit longer.

Hopefully others will realize and listen to the situation we have. Though it won't be like these for long but at least we do something not to bring market into worse. And we also knew that isn't be like these for long, it will normalized once negatives news came over.

BitBite5

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I use as much as I need, nothing has changed. Of course I would like that the price is higher but as long as I have continuous bitcoin income is fine.
And I'm trying not to sell bitcoins or exchange it to fiat but to make payment s directly whenever I can, thus the loss is lower. But there is not use in just holding bitcoin endlessly without spending it for something concrete.

Tory-Tory

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“Blockchain Powered Clinical Trial Management”

Quote from: Don Pedro Dinero on June 13, 2018, 12:28:04 PM

I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?

For each of my assets I wait for a certain price, below which I will not sell. When this price is reached, I will set the stop loss and will move it up. In the meantime I'm watching the market.

ashkanm

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If you can afford to hold onto your bitcoin, I think that would be the wisest thing to do because I think eventually it'll rebound and creep back to its ATH and beyond.If anyone sell the bitcoin at this point,they will have loss in their hand.I am holding everything and will only sell when all prices start to recover

flavio.rib

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Why not invest in new coins? Instead of spend? I thing now the price is to less to spend

Topic: Do you spend less bitcoin/alts now? - page 5. (Read 639 times)