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Topic: Do you spend your Bitcoin? - page 2. (Read 1160 times)

jr. member
Activity: 89
Merit: 5
GuestCrew
November 26, 2021, 02:20:23 AM
Am just holding - don't have a lot so no point converting it to Cash and then it will be wasted on some useless expense. I have always considered Bitcoin to be a store of value, like gold, which I prefer to just keep and never sell.

Yes, the value of bitcoin will rise, perhaps up to eternity, however I won't be alive to see it - but the same thing is true for all assets that we keep for later - like house, land, gold even shares of companies that are ever green. Hopefully someday, someone from the family will take it up further and keep growing it as long as they exist.
sr. member
Activity: 2618
Merit: 439
November 26, 2021, 02:00:48 AM
I never got a chance to spend my bitcoin ever; maybe because I didn’t buy anything that big. But I am looking for a new property and might use bitcoin for the purchase.
You have not even spend a single satoshi before but planning to Purchase a property ? well sounds believable  Grin Grin Grin

why not try using first buying at least a gadget then next to follow that property buying  Grin

Well! I not have Bitcoin but if I had, I hold it and wait for the 100k price of bitcoin then I get profit. And it is not time to spend bitcoin it is time of buy and hold Bitcoin for future because the future is related with Cryptocurrency and Bitcoin is best coin of Cryptocurrency.
yeah , you can't even earn but planning to buy for something , try gaining first and then decide .
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
November 26, 2021, 12:53:33 AM
it seems, the current conditions, people who have bitcoins are very difficult to sell the bitcoins they have, except in a state of urgency.
rumors that prices could go as high as $70k to $100k have really been seen. this is different from a few years ago when bitcoin prices were still quite cheap. currently the price of bitcoin is very expensive, and tends to rise continuously. however, if it wasn't in a state of urgency, or business, I think people would continue to hold the bitcoins they own.
personally I currently don't have bitcoins. however, even when I own an altcoin, I don't want to sell it right now.
newbie
Activity: 30
Merit: 0
November 25, 2021, 11:01:52 PM
I never got a chance to spend my bitcoin ever; maybe because I didn’t buy anything that big. But I am looking for a new property and might use bitcoin for the purchase.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
November 11, 2021, 06:45:48 AM
I kept it, but on some occasions I also sold it for my needs. I don't spend it for sale because the investment continues to spin and if you still want to continue investing then we can't spend it. everyone has a different view of holding or spending their bitcoin, the important thing is that we can manage it well. bitcoin is a good coin if we can use it well to invest.
but if everyone will keep holding bitcoin then what would happen to the price? how can this be grow if not circulated?
this is a Money that in form of electronic so for this to have stay value it must be spent wisely.
Well! I not have Bitcoin but if I had, I hold it and wait for the 100k price of bitcoin then I get profit. And it is not time to spend bitcoin it is time of buy and hold Bitcoin for future because the future is related with Cryptocurrency and Bitcoin is best coin of Cryptocurrency.
the question is clear, how to spend or do you spend bitcoin and if you don't have then best not to post here because you want to be a Holder and not appropriate in this thread.
hero member
Activity: 1778
Merit: 746
November 11, 2021, 05:31:17 AM
I currently don't have bitcoins anymore. I only hold altcoins. however, i sold the bitcoins i had in the past for things like other investments, or FUD. Well, if you ask me if I regret it or not, I'm really sorry.
however, that is already past. other than that I exchanged it for other investments, namely property assets. although it's not finished yet, at least I didn't lose 100%. but still it makes me rethink what i did in the past.
member
Activity: 434
Merit: 11
November 10, 2021, 01:50:58 PM
Well! I not have Bitcoin but if I had, I hold it and wait for the 100k price of bitcoin then I get profit. And it is not time to spend bitcoin it is time of buy and hold Bitcoin for future because the future is related with Cryptocurrency and Bitcoin is best coin of Cryptocurrency.
hero member
Activity: 2338
Merit: 757
November 09, 2021, 01:00:31 PM
Do you spend your Bitcoin?
Absolutely, YES. I think everyone does.

After reading all th previous replies, i can say that i am the first one to admit that he is spending al the bitcoins he ever got.
Back to 2014 when mining was introduced to me for the first time (also first time to know about bitcoin), i owned considerable amounts of bitcoin but sold them at any time i need. Actually, i still win some btc but it's all spent because i am running a commercial business and eed money often .
Well, you have the purpose of spending them and I think we all have that. HOLD and HOLD, I don't think that was necessary, as long as it was for good and it was important that it needs to address, no doubt I'm still doing the same.
To solely invest in crypto wasn't a healthy idea IMO. I converted some of my Bitcoin to our local currency of some investment outside. yes, it didn't look more profiting compared to crypto but what I think is that, I can share this with my family.
Rule is simple ; don't invest more than you can afford to lose. And personally i can't afford to lose any amount. My business always ask for liquidity so i have to always provide cash to complete several deals. I frequently spend bitcoin to have a party alo and not just for urgent needs.
Deeply, i wish i have invested even a small amount of money in Hodl, especially i am in th bitcoin sector since many years. Maybe the best is yet to come. Smiley

well, i guess everyone has that kind of regret but we all know we can only regret so much . better think for our future and plan things that you know may influence your journey. i spend from time to time, but only for necessary things. as much as possible, i want to hold whatever i have and look for other options how to increase my portfolio. right now, we have several good options other than btc, there are also good projects that are worth following and investing. just look at the top 20 alts and you will definitely get something good out of it.
Well, i don't honestly see good opportunities in alts. Especially for long term hold. None but bitcoin has potential for expnding growth and has no competitors.
Two years ago i was interested in Grin (after the forum started accepting it as payment for copper memberships) but the project is still facing some serious difficulties about developement. Grin project was the first to use MimbleWimble protocol but few time later there appear more projects (BEAM and few others) with additional features which left Grin with a lack of developement.
If someoene don't know too much about the success factors for the project he hodl its token, maybe it's better to sell at the first profitable occasion and bet on BTC or at least betting on one of the top 100 cmc for safe investment experience.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 08, 2021, 06:56:24 PM
Do you spend your Bitcoin?
Absolutely, YES. I think everyone does.

After reading all th previous replies, i can say that i am the first one to admit that he is spending al the bitcoins he ever got.
Back to 2014 when mining was introduced to me for the first time (also first time to know about bitcoin), i owned considerable amounts of bitcoin but sold them at any time i need. Actually, i still win some btc but it's all spent because i am running a commercial business and eed money often .
Well, you have the purpose of spending them and I think we all have that. HOLD and HOLD, I don't think that was necessary, as long as it was for good and it was important that it needs to address, no doubt I'm still doing the same.
To solely invest in crypto wasn't a healthy idea IMO. I converted some of my Bitcoin to our local currency of some investment outside. yes, it didn't look more profiting compared to crypto but what I think is that, I can share this with my family.
Rule is simple ; don't invest more than you can afford to lose. And personally i can't afford to lose any amount. My business always ask for liquidity so i have to always provide cash to complete several deals. I frequently spend bitcoin to have a party alo and not just for urgent needs.
Deeply, i wish i have invested even a small amount of money in Hodl, especially i am in th bitcoin sector since many years. Maybe the best is yet to come. Smiley

well, i guess everyone has that kind of regret but we all know we can only regret so much . better think for our future and plan things that you know may influence your journey. i spend from time to time, but only for necessary things. as much as possible, i want to hold whatever i have and look for other options how to increase my portfolio. right now, we have several good options other than btc, there are also good projects that are worth following and investing. just look at the top 20 alts and you will definitely get something good out of it.
hero member
Activity: 2338
Merit: 757
November 08, 2021, 06:48:08 PM
Do you spend your Bitcoin?
Absolutely, YES. I think everyone does.

After reading all th previous replies, i can say that i am the first one to admit that he is spending al the bitcoins he ever got.
Back to 2014 when mining was introduced to me for the first time (also first time to know about bitcoin), i owned considerable amounts of bitcoin but sold them at any time i need. Actually, i still win some btc but it's all spent because i am running a commercial business and eed money often .
Well, you have the purpose of spending them and I think we all have that. HOLD and HOLD, I don't think that was necessary, as long as it was for good and it was important that it needs to address, no doubt I'm still doing the same.
To solely invest in crypto wasn't a healthy idea IMO. I converted some of my Bitcoin to our local currency of some investment outside. yes, it didn't look more profiting compared to crypto but what I think is that, I can share this with my family.
Rule is simple ; don't invest more than you can afford to lose. And personally i can't afford to lose any amount. My business always ask for liquidity so i have to always provide cash to complete several deals. I frequently spend bitcoin to have a party alo and not just for urgent needs.
Deeply, i wish i have invested even a small amount of money in Hodl, especially i am in th bitcoin sector since many years. Maybe the best is yet to come. Smiley
member
Activity: 630
Merit: 10
rocket.hashbon.com
November 08, 2021, 05:19:48 PM
I kept it, but on some occasions I also sold it for my needs. I don't spend it for sale because the investment continues to spin and if you still want to continue investing then we can't spend it. everyone has a different view of holding or spending their bitcoin, the important thing is that we can manage it well. bitcoin is a good coin if we can use it well to invest.
full member
Activity: 1302
Merit: 129
Vaccinized.. immunity level is full.
November 08, 2021, 04:45:14 PM
If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?
I am not spending my bitcoins for something unusual or new things but I am spending my bitcoin for my living hence I am able to buy everything I wish to. If you are referring about spending bitcoin directly then I am sorry I am just converting my bitcoin into cash because there are very very less merchants are directly accepting bitcoins  in my country.

Most often I spend my Bitcoin for gambling purposes, that's why I do not have to rely on merchants to use my Bitcoin directly. Since you don't have enough merchants at your location you can use your coin to take services from online, like I pay the bill to my VPN service provider via BTC.

Do you have exit strategy or you will spend it after you can buy your desired thing?
I just plan up to hold bitcoins for my entire life because I strongly believe into the bitcoin's potential. I already started using my bitcoins for my living hence I believe I do not need any target levels so that I will sell to use bitcoinss. I mean I already started using my bitcoins then I guess there will be no exit strategy is required.

Very commendable initiative, hopefully only Bitcoin is perfect for long-term holding. Instead of depositing money in the bank, I also buy a certain amount of bitcoin every month to secure my future.
hero member
Activity: 2828
Merit: 611
November 08, 2021, 03:19:40 PM
If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?
I am not spending my bitcoins for something unusual or new things but I am spending my bitcoin for my living hence I am able to buy everything I wish to. If you are referring about spending bitcoin directly then I am sorry I am just converting my bitcoin into cash because there are very very less merchants are directly accepting bitcoins  in my country.

Do you have exit strategy or you will spend it after you can buy your desired thing?
I just plan up to hold bitcoins for my entire life because I strongly believe into the bitcoin's potential. I already started using my bitcoins for my living hence I believe I do not need any target levels so that I will sell to use bitcoinss. I mean I already started using my bitcoins then I guess there will be no exit strategy is required.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
November 08, 2021, 03:12:14 PM
I would prefer to hold Bitcoin after evaluating the current scenario. It’s getting famous, its acceptance is increasing, and it will be the mode of payment for many things that we buy through fiat currency. So why would I sell it? All these activities will eventually increase Bitcoin's value.
There's nothing wrong spending bitcoin especially if it is really needed. You can't just hold your bitcoin for so long even if the prices are already pumping. You can hold it especially if you have the plan on when to sell it. It is very important that you have the plan in everything you do for you to not regret it. You can sell it especially if you already achieve your target goal of your bitcoin.
That was exactly what I usually do if there is the need to sell some of bitcoin to buy or pay for services and if there is no other alternative means, of course I prefers selling some to avoid borrowing some money to solve some of these essential needs, thus I never regret selling some of my bitcoin having solved some of financial need at my crucial time of need, though It is my wish to continue to hodl however financial circumstances wouldn't allow me to continue to hodl it.
legendary
Activity: 1876
Merit: 1058
Vave.com - Crypto Casino
November 08, 2021, 01:45:18 PM
Spend Bitcoin? Never spend assets. Loan against your assets, spend cash.

There is no success alone with Hodl, Profit must also be taken by estimating the time and opportunity.

Bitcoin I bought about 3/4 years ago is still in my wallet. It has been around for about 4 years. Idle money I have after spending my daily necessities, I always convert to Bitcoin. Speaking of spending bitcoin, my initial target is $100K. I will fix my profit when the price will be reached the target once.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
November 08, 2021, 01:09:01 PM
I just spend my bitcoin few hours ago when the price of bitcoin hit $68k, that help me to make a suitable profit from my investments. It was not easy for me to make a huge amount of money from my investments because I nearly give up in holding until the price of bitcoin increase higher all expectedly in the market to surprise their customers.With the help of my personal research i carried out few days ago that gave me hope concern the massive pumping of bitcoin price is that is demonstrating now.
Holding for long is very easy to make a good profit  when the price of bitcoin increase or try to increase in the market to prepare the mind of the bitcoin users that profit earning is very approaching in the community.
newbie
Activity: 1
Merit: 0
November 08, 2021, 12:36:36 PM
Just hodl Smiley
sr. member
Activity: 1722
Merit: 252
November 08, 2021, 11:24:57 AM
Some time ago i was shopping online to buy a jacket and the site can accept bitcoin, and i spent $35 worth but the thing that makes me regret is the expensive bitcoin transaction fee, i hope more miners lower the transaction fee so it will be easy to skyrocket again
full member
Activity: 259
Merit: 108
November 08, 2021, 09:27:47 AM
Spend Bitcoin? Never spend assets. Loan against your assets, spend cash.
full member
Activity: 588
Merit: 100
November 08, 2021, 09:25:06 AM
Do you spend your Bitcoins or just hodl?

If you spend
What for and do you miss something that cannot be bought for Bitcoin yet?

If you hodl
For how long and why don't you spend?
Do you have exit strategy or you will spend it after you can buy your desired thing?
Bitcoin is a masterpiece investment and there are no plans to exit the market, HODLl is the best way to keep bitcoin and our money safe in the long term, i will wait until it hits 10,000 USD price. Forget about charts and stay calm then sell it at the right time
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