Do you spend your Bitcoin? - page 5.

sgenuine

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

I am stick to the strategy of holding all mainstream popular currencies with good potential such as bitcoin, ethereum, binance smart chain, polkadot, matic. I just believe that Bitcoin will be much more expensive in the future. I think that it will be twice as expensive as now. I am going to hold at least 5-10 years more. But when I see a huge bullish market in 5-10 years, I will consider fixing some profit, but now I am just buying more on regular basis.

DewiKirana

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Currently I still hold the Bitcoin that I have, even now I continue to increase the supply of bitcoins in my divided wallet. I will sell bitcoins when the price soars to the moon.

Wawa2013

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Quote from: finaleshot2016 on October 25, 2021, 07:24:05 AM

Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

I kept my bitcoin for a year, but I recently sold it because I had a lot of items to buy, including another GPU. There are times when I keep it because I don't need money for something, but most of the time I don't need to sell it because I have an income that I can use to buy items I need to survive. Bitcoin is an asset we should hold; it will rise as long as enough people believe in it and buy it; it has a lot of potential, which is why believers continue to come to the crypto community.

It's not easy to hold Bitcoin for up to a year, and you can do that which is a pretty good thing. Usually if you manage to hold up to a year,
it is much easier to continue holding longer, because you are used to the volatile Bitcoin price. But everyone has needs that must be met,
and it is very natural to end up selling Bitcoin that has been hold for a long time. Because we are not holding Bitcoin forever, so one day
we will definitely sell it. My advice would be better if our needs are not urgent, don't sell the Bitcoins we have, because the Bitcoin trend
continues to rise from year to year. So the longer we hold Bitcoin, the more profit we should make. Because Bitcoin is an excellent asset
for long-term investments.

LogitechMouse

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Quote from: kevinovecka on October 18, 2021, 03:18:21 AM

Do you spend your Bitcoins or just hodl?

I'm doing both. Holding some Bitcoins while selling some of it

.

Quote from: kevinovecka on October 18, 2021, 03:18:21 AM

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

Just for some expenses here in our home. Maybe for some, it might sound weird or the like but at least that is what I'm doing. I would love to use Bitcoin to buy things that I like but there are only few merchants that are accepting it and on the other hand, maybe I don't like or need the things that can be bought using Bitcoin.

Quote from: kevinovecka on October 18, 2021, 03:18:21 AM

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?

I've been holding for 3 years already and I spent nothing to hold Bitcoins since I hold some of my Bitcoins that I got from signature campaign

(best decision at least for me to keep some of it).
I'm not spending some of it because I believe that price of Bitcoin will go up soon and many are thinking the same as me. I have an exit strategy and if I exited, I will use that money to buy something.

finaleshot2016

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

I kept my bitcoin for a year, but I recently sold it because I had a lot of items to buy, including another GPU. There are times when I keep it because I don't need money for something, but most of the time I don't need to sell it because I have an income that I can use to buy items I need to survive. Bitcoin is an asset we should hold; it will rise as long as enough people believe in it and buy it; it has a lot of potential, which is why believers continue to come to the crypto community.

Rampagoe004

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If we have bitcoin assets, of course, there will be different ways to spend bitcoin, and for now there are many who sell their bitcoins and buy luxury goods and other needs because the price of bitcoin is currently very high, but there are also those who keep their assets and want to add to their bitcoins by investing, then in this case we have a different state, If we have one bitcoin at the moment then many items that we can buy then use our assets as needed and the targets we have set.

Pejoh Asu

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A few days ago I spent 0.0045 btc or around $280 to fill my bank account because my bank account is empty, I work in an office with a small monthly salary so I make cryptocurrencies as an alternative income. and glad that knowing cryptcourrencies can help many things in my life.

rodskee

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Quote from: Obito on October 25, 2021, 04:07:40 AM

I am not that high maintenance of a person, just enough food and water to keep me alive for a day is enough for me so I really don't have that much reason to spend bitcoin plus most of the time that I spend my bitcoin, I always invest about 70% of the profit in other crypto or sometimes NFT, especially now that bitcoin isn't the only star of the show, pretty sure that it's not a good idea to miss out on that so spend your bitcoin wisely, if you think that what you're buying is frivolous in the long run, then don't buy it.

Wait what do you mean by that? "Every time you spend Bitcoin , always investing 70% in other crypto?"

how come that spending is taking profit? sorry looks Like I am lost in your post.

Quote from: pickforbies on October 25, 2021, 02:48:31 AM

Quote from: Patigi on October 24, 2021, 11:00:39 AM

I am not ready to spend my Bitcoin currently because I have promised myself not to temper with my Bitcoin wallet. I will like to sell some of my bitcoin when it get to $100k. And I also want to be among of does who want to make history with Bitcoin by when reaching $100k. So I will hold Bitcoin till it get to the stage. No matter how dump it comes i will never give up. I will hold to my promise and still wait till Bitcoin get to the stage of my satisfaction.

Yes, I agree. But in other conditions, I tried to trade in short-term for another crypto-assets. There's so many promising project out there and could be try to buy some of them.

I'm on the position believing Bitcoin will be payment and financial commonly.

So you are not a HODLER if then , trying to convert your Bitcoin into another coin but in the end will bring you losses and failure ,

Obito

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I am not that high maintenance of a person, just enough food and water to keep me alive for a day is enough for me so I really don't have that much reason to spend bitcoin plus most of the time that I spend my bitcoin, I always invest about 70% of the profit in other crypto or sometimes NFT, especially now that bitcoin isn't the only star of the show, pretty sure that it's not a good idea to miss out on that so spend your bitcoin wisely, if you think that what you're buying is frivolous in the long run, then don't buy it.

Hippocrypto

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

I think it's up to the owner if they will hold or spend their bitcoin. If there's no reason for you to spend then it's better for you to hold it. It's very important that you have the plan on what to do especially if there's something bad happen because we can't tell. I spend my bitcoin to buy another cryptos. Sometimes I hold it because we know that bitcoin also experiences downfall. It is very important to have knowledge about it for us to know what to do.

Peanutswar

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If there's no reason to spend with I guess one of the most ideal things is to hold your bitcoin we know already the potential of the bitcoin and we saw already from the previous years and for sure it is possible to have another wave of price increase but of course no one knows, for me it's better to hold some of the bitcoin and use the other half to the daily needs still it depends on your country if they are supported with the use of the cryptocurrencies.

leea-1334

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Quote from: Tigerheart3026 on October 25, 2021, 01:18:38 AM

i can not buy thing which i like because restrictions of the government.

Can you explain this more? As far as I know there is no way any government can restrict you from buying things with your BTC. I get it if people cannot trade Bitcoin itself (buy or sell for fiat),,, since exchanges and even individuals can be marked for monitoring by the government through ISP policing.

But what stops you from getting paid with or buying stuff with BTC? No government can block your Bitcoin wallet unless they shut down your access to internet

pickforbies

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Quote from: Patigi on October 24, 2021, 11:00:39 AM

I am not ready to spend my Bitcoin currently because I have promised myself not to temper with my Bitcoin wallet. I will like to sell some of my bitcoin when it get to $100k. And I also want to be among of does who want to make history with Bitcoin by when reaching $100k. So I will hold Bitcoin till it get to the stage. No matter how dump it comes i will never give up. I will hold to my promise and still wait till Bitcoin get to the stage of my satisfaction.

Yes, I agree. But in other conditions, I tried to trade in short-term for another crypto-assets. There's so many promising project out there and could be try to buy some of them.

I'm on the position believing Bitcoin will be payment and financial commonly.

pickforbies

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

For me, Spend and Hodl. I mean, I spend Bitcoin to buy another Cryptos. Recently here in my country, Bitcoin can't use for payment, it's totally prohibited, But use Bitcoin as Trading Pair for buying another Assets still allowed here.

Hodl? Yeah we knew Bitcoin now on Bullish moment and many people believe will reach 100kUS$ in the of this year. I just follow the trend right now and Hold is the trend.

rodskee

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Quote from: Tigerheart3026 on October 25, 2021, 01:18:38 AM

i do not get a chance to hold bitcoin or altcoins because i have to meet my personal needs with what i earn from crypto.
0.03 btc i was owned but i sold low price below 30k$/btc.

i can not buy thing which i like because restrictions of the government.

sold at 30k? damn that is a Big amount if you have only waited for at least 3-5 months time , no wonder why you felt so desperate nowadays because of thise decision you made.

I almost done that same thing but lucky about the personal problem got settled before i made that selling point .

Tigerheart3026

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i do not get a chance to hold bitcoin or altcoins because i have to meet my personal needs with what i earn from crypto.
0.03 btc i was owned but i sold low price below 30k$/btc.

i can not buy thing which i like because restrictions of the government.

kevinovecka

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Quote from: BigBos on October 23, 2021, 08:10:10 AM

honestly, i wouldn't sell my bitcoins for anything else except these 2 things, namely

urgent need
business development

So far, I have a business whose foundation is bitcoin. what I mean is, the business that I created has capital from bitcoins that I get from the internet. such as small inns, and others. So far, I still have plans to buy bitcoins from this venture.

Nice!
I also have Bitcoin business I invested some btc in...
Actually the one that came up from my own stupidity and age of internet scammers.
It made me do anonymous Bitcoin escrow with small fee.
Now I only hope people will love it because it is in early stage but working perfectly and already have some positive feedback

Wish you best of luck with your biz!

Reatim

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Quote from: BigBos on October 23, 2021, 08:10:10 AM

honestly, i wouldn't sell my bitcoins for anything else except these 2 things, namely

urgent need
business development

So far, I have a business whose foundation is bitcoin. what I mean is, the business that I created has capital from bitcoins that I get from the internet. such as small inns, and others. So far, I still have plans to buy bitcoins from this venture.

So the business is accepting Bitcoin>|? is that what you mean with that ?

Cool business then mate, I have also business but only some online stuff that My wife is handling , offering to accept 5 major crypto currencies .

__________________________________________________________

Like you My decision also based on how i badly needed the funds and if does then selling BITCOIN IS WHAT i do .

Dread Pirate Roberts

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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 hold

I do both for different purposes. such as digital services and digital goods I more often use bitcoin because of the ease of international transactions. and I prefer crypto over credit cards. I feel more comfortable and safe using crypto. and I am also a bitcoin holder. for the long term more like a passive trader. hold as long as possible.

alecv34

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Quote from: kevinovecka on October 18, 2021, 03:18:21 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?

I honestly find myself spending a lot of my bitcoin especially on places that I wouldn't want to enter my card.

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