Do you spend less bitcoin/alts now? - page 6.

senin

full member

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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, this is a wise decision. Now that bitcoin and all other crypto currencies have fallen in price, selling them so cheaply is not worth it at all, it will not be reasonable and at a loss. When the crypto currency market rises, our coins and tokens will also rise in price and then they can be sold several times, or even tens times more expensive. Of course, if there is an extreme need for certain expenses, there is nowhere to go. However, while it is necessary to spend the minimum amount of crypto currency.

SHAWN-MIDWAYS

hero member

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Price of bitcoin is dropping and i store only bitcoin and a few more cryptos spending them now without thinking will be a pain for sure.
So yea i am not spending bitcoin and alts on useless things for now.

Maestro75

sr. member

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

I would love to hold and pretend I do not have bitcoin until when the price returns to normal high but am forced to sell as soon as I have it. I know it may solve a problem or two at the moment for me but I know I will regret in the future selling them when I shall look at the blocks for past transactions and realize I sold them for peanuts. All my altcoins are kept safely for long term and future profiteering!.

btcblockchain

newbie

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Bitcoin is meant for the long-term hold instead spending asset like bitcoin and other altcoins better hold these currencies for multiple times of return in profit

mostcrack

member

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Yes, if you do not sell it means do not get the loss, I patiently hold my altcoin because it will get better in the next few weeks, now I buy another coin at a cheap price to add extraordinary profits in the future, if you want to be patient it will benefit all of us, no need to panic and it will lead to a massive sale.

rightway00372018

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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, this is what people needs today is to divert some capital to invest in other cryptocurrency which we think profitable and can help recover losses due to falling of bitcoin.

LuciferEveningStar

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

You should invest today while the prices are decreasing because in this way we can earn more profit when the market prices are increasing again, that is the reason why traders in the market are earning a huge amount of profit, its because of the volatility.

orions.belt19

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As compared to the price last 2017, it makes you feel like a loss when you sell at the current period or price since it’s lower by more than 60% but in reality it’s not a complete loss. It just feels like one since you know that it has the potential to have a higher price, and it would be better if we hold it first and wait for the wrong time. Knowing that btc has the potential to shoot to the moon, it always feels wrong to spend it at all since it’s an opportunity cost.

ss890

sr. member

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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 that is true! Current period is very dangerous if you sell anything for getting the fiat currency or any other currency really. This is bad because we are already in the bottom and thus we will loose big chunks of the profits if we sell. For crypto currencies, 1 btc is 1 btc but when we go and trade this for the USD (example) then we will receive equivalent amount to todays rate. If after few months the rate increased lets say double to the current one then it code be hurting one! So better keep it for the sake of emotional satisfaction as well as real gains!

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: batang_bitcoin on June 13, 2018, 05:45:49 PM

Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

I've been holding since the days when bitcoin is around three digits so I'm in good place whether the market isn't so good, I'm only feeling that loss but literally I'm not. We have the same feeling that when we are selling at lower price, it's a loss for us.

Treating ourselves once in a while really would not hurt but one way or the other; it is always that hard when you realize the potential of what you are spending at the current low price would be later on.

For someone like me who is an I.T freelancer, I get most of my pay in this space and since it is a huge one, I pay myself 50% and hold the remaining, which is good enough for me, no matter the value at the time I am selling anyway, and sometimes when I have fiat to even buy back way lower when it is oversold, I don't waste the opportunity.

MiXxe

sr. member

Activity: 462

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Quote from: lablab03 on June 14, 2018, 09:33:38 AM

Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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 of course and to be honest all holder experience that moment which is no skip and the only choice is to keep it hold. 'cause it was a big mistake actually to pursue our selves to sell even have loses, so much better to accept the fact that we must hold it again for long time, so that we can build new strategy for it to avoid such issue again.

Mate we have to accept the fact that we can never escape the fact that we are all bound to face losses in this industry. And when that happened, it is just right to get up and pursue to sell again however considering the perfect time. To reach the perfect goal, we need to go back to the basic. Go back to the fact about leArning the art of waiting or patience and holding.

goaldigger

sr. member

Activity: 2422

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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.

alfs75

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platform for everyday business

Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

I thinks we feel also in that disame way,and maybe others too,thats why there are times that i fell dizzy and discourage about cryptocurrency investment,but when in times i remember my dreams and aims in life to having a small investment to secure the future of my family and my retirement in my works i fell alive again,and continue to believe in crypto investment,because i believe that all of this dump is temporary,and soon it will back to normal,thats why i still hoping thats someday i will fly to the moon.

dragontigear

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

Buying alts now is really a good strategy that we can do to make us profitable than buying bitcoin because investing in bitcoin today is very risky and people already lost their money due to continuous falling of the crypto market.

Morgann

full member

Activity: 420

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

Investing a huge amount today will make you earn a huge amount of profit, the rule in the market is very simple and that is to buy when low and sell it when it increases its price which is the good time to invest today.

lablab03

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Activity: 1064

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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 of course and to be honest all holder experience that moment which is no skip and the only choice is to keep it hold. 'cause it was a big mistake actually to pursue our selves to sell even have loses, so much better to accept the fact that we must hold it again for long time, so that we can build new strategy for it to avoid such issue again.

Arlibtchunt2018

jr. member

Activity: 280

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

It's the same here mate. Holding bitcoin is the best thing to do right now. For alts its okey to make a wild play in alts since alts price is not affected to this deep dump. It's better to gamble that to stay passive for almost 2 weeks.

mcabrito

newbie

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Quote from: Pumapipa on June 14, 2018, 03:48:08 AM

I try to hold as long as I can. For now that the market is red, i TRY to buy but not buy a lot as my investments are all in bitcoin. Really hoping that we can experience the same pump as last year of December 2017. But come to think of it, red market just means to buy more.

Yeah, a lot of us now are hoping that the crypto price will pump again before the year end, we really need to believe and keep holding until we can so that good profit in the future will achieve.

kripkiki12

member

Activity: 162

Merit: 10

Same here, HODL some altcoins as it would not be profitable to sell now. Hopefully they will be on the rise some time, if not, that is what it is, next time I will be more sharp right after it hits the exchange

supine

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Quote from: Don Pedro Dinero on June 13, 2018, 11:28:04 AM

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?

Honestly, I do not care about the price. I earned most of my bitcoin or altcoins trough signature campaign and have not invested a penny on it. So, that is why whenever I need money to pay my bills I do not hesitate to convert some. I am aware of the potential of bitcoin and cryptocurrency but we all have a lofe to live and bills to pay.

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