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Topic: Don't spend bitcoin. Not now. - page 8. (Read 3809 times)

sr. member
Activity: 1162
Merit: 260
December 18, 2019, 02:25:15 PM
If you look at the  price chart of last two december year 2017 and 2018 in both of the cases the price tend to drop a little and it rise up again after january-february. Bitcoin seems to keep the similar trends this year also so it's price is bit down now but we can see it rising up within a couple of monts. The holders are required to hold tight now and the newcomer should take advantage of the less price.
sr. member
Activity: 742
Merit: 251
December 18, 2019, 12:04:36 PM
Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.
Right now undoubtedly it is the time for bitcoin buyers to invest into it and garb the mighty coin at low prices. It is a blessing that bitcoin is present at low rates instead of something alarming or depressive. This is for sure for the crypto market to raise high after the dumps and buying also helps in the increase of values of crypto currencies. So in short, right now is the time for supporting pump by buying it.
sr. member
Activity: 322
Merit: 251
December 17, 2019, 12:42:58 PM
Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

It's because when we try to hold our bitcoin then it can cause a little bit increased of price. The price of bitcoin was really hard to manipulate so the only who can do that was the investor who can buy a large bitcoin and also by the event that bitcoin was really need.
Holding of this mighty crypto currency names bitcoin always proves beneficial for the investors. This coin can take time for rising to unimagined heights but it could never put you loss. You simply need to show patience with bitcoin. The price of this coin is really hard to manipulate since it is the most wanted and most expensive crypto currency. Indeed it could only be done by someone holding a lot of it.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
December 18, 2019, 08:38:17 AM
Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

It's because when we try to hold our bitcoin then it can cause a little bit increased of price. The price of bitcoin was really hard to manipulate so the only who can do that was the investor who can buy a large bitcoin and also by the event that bitcoin was really need.
Holding of this mighty crypto currency names bitcoin always proves beneficial for the investors. This coin can take time for rising to unimagined heights but it could never put you loss. You simply need to show patience with bitcoin. The price of this coin is really hard to manipulate since it is the most wanted and most expensive crypto currency. Indeed it could only be done by someone holding a lot of it.

But you can only do it if you have an extra money also if this money was only stock and it's your savings. Before you invest in bitcoin you need to know how it works by the volatility of the price and of course if it is worth it to invest. Think for your future because if you think that there are more better place for your money than holding it in bitcoin then you should decide.
member
Activity: 343
Merit: 11
Rangers.Protocol
December 17, 2019, 10:12:02 AM
Do you think holding BTC will be valuable at this point? Think for a moment that you have to buy or sell in order for the market to go up.
hero member
Activity: 1764
Merit: 584
December 17, 2019, 01:05:30 AM
Well considering how low the price is now, I'll find it painful if I'll have to spend them. I'm doing my best to try to hold on to them. Like everyone I'm banking on the possibility of a price hike after the halving.

I said possibility, since it don't really reduce the amount in circulation. I'm hoping more along the line that post-halving whales will try to drive the price up after they've had their fill of cheap coins.
sr. member
Activity: 812
Merit: 262
December 16, 2019, 05:16:27 PM
Don't waste Bitcoin? So what shall we do. You need to make some sales when bitcoin price comes to high prices. Bitcoin is an investment tool. However, it is very important to sell at the right time. Watch out for those who say don't waste your bitcoins. Bitcoin cannot be with you forever.
full member
Activity: 1110
Merit: 104
The OGz Club
December 16, 2019, 03:09:47 PM
Its better to stack bitcoin than to spend it. The bitcoin halving 2020 will mark the new ATH price history again. Therefore, if we don't have sufficient bitcoin or we did not buy during the lows then we cannot guarantee to make profits when the price will surge. But don't worry, there are still enough time to buy and stack bitcoins on our wallet.
how can you accumulate bitcoin? Do you trade without looking at an estimate of your entire portfolio?
it seems that if you do it like that it will be very risky
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
December 16, 2019, 02:36:03 AM
Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.

It's because when we try to hold our bitcoin then it can cause a little bit increased of price. The price of bitcoin was really hard to manipulate so the only who can do that was the investor who can buy a large bitcoin and also by the event that bitcoin was really need.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
December 16, 2019, 01:55:32 AM
Its better to stack bitcoin than to spend it. The bitcoin halving 2020 will mark the new ATH price history again. Therefore, if we don't have sufficient bitcoin or we did not buy during the lows then we cannot guarantee to make profits when the price will surge. But don't worry, there are still enough time to buy and stack bitcoins on our wallet.
sr. member
Activity: 1190
Merit: 253
December 15, 2019, 10:00:53 AM
Is this some kind of of hodling Bitcoin? I know that we cannot spend Bitcoin because of its low value of you are an investor. But I think we need to consider the movement of Bitcoin in the market. If there os no movement, it is not really an indication of cryptocurrency.
hero member
Activity: 2408
Merit: 584
December 15, 2019, 06:58:34 AM
Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.

I think people already know this.

But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it.


Well this kind of thinking would delay btc's progress and adoption, I think. There should be movement for it to reach it's initial purpose of faster and easier transactions. Though I don't think we're at that point yet. Both of you are right. Bitcoin is seen more as an investment rather than something for daily use, hence it would take time before people would find it easy to let go of their holdings and use it to make purchases.
People are seen using altcoins for making purchases but bitcoin has more of investment value because of its high potential of touching amazing values over a period of time. If there is something expensive one need to buy, I am pretty sure he will use bitcoin but if something could be purchased via altcoin or fiat, why to use an expensive coin for it. This does not make sense at all to use king for buying a soldier.
full member
Activity: 1316
Merit: 108
December 14, 2019, 05:46:33 AM
Owners of large volumes of cryptocurrency, including a large number of Bitcoin, do not sell these coins, because the time has not come yet, and for a full life they have other means in sufficient quantities.  And ordinary cryptocurrency users earn almost their main income through activities on the cryptocurrency market, and very often resort to selling a particular coin, including Bitcoin, in the wrong period.  Of course, to date, the price of Bitcoin has not yet reached a maximum at which it is possible to sell this coin very profitably, but for many users there is no other way out to replenish their home budget.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 14, 2019, 04:06:04 AM
Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.

I think people already know this.

But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it.


Well this kind of thinking would delay btc's progress and adoption, I think. There should be movement for it to reach it's initial purpose of faster and easier transactions. Though I don't think we're at that point yet. Both of you are right. Bitcoin is seen more as an investment rather than something for daily use, hence it would take time before people would find it easy to let go of their holdings and use it to make purchases.
hero member
Activity: 1722
Merit: 528
December 14, 2019, 03:34:39 AM
Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.

I think people already know this.

But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it.
hero member
Activity: 1106
Merit: 502
December 14, 2019, 02:18:37 AM
I think you are getting the wrong idea about bitcoin because if bitcoin was not made to spend what will the reasons why a lot of people are buying bitcoin for them to earn money and used it to provide their necessities. Bitcoin is also a currency, so it was also made to spend it and it is also the reason why it is the number one cryptocurrency in the market.
It is really made for us to use it in our daily transactions an to store in our wallet. The use of bitcoin is really depend on the users. There are people who prefer to store their bitcoins in their long time because they are hoping that its value will go up so it is simply investing. The other users like me are the ones who using bitcoin in my daily lives like buying goods, services and commodities.
I agree it's better not to spend bitcoin, save it as a long-term investment because its value will continue to grow. why altcoin was created, i think it is an alternative to use as a transaction that is faster and lower cost, unlike bitcoin which currently takes about 10 minutes for each block and also, of course, the cost is not cheaper than altcoin.
sr. member
Activity: 952
Merit: 274
December 14, 2019, 02:02:41 AM
Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.

People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.

That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.

99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.

Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.

Do not spend your Bitcoins. Not now.
I think you are getting the wrong idea about bitcoin because if bitcoin was not made to spend what will the reasons why a lot of people are buying bitcoin for them to earn money and used it to provide their necessities. Bitcoin is also a currency, so it was also made to spend it and it is also the reason why it is the number one cryptocurrency in the market.
It is really made for us to use it in our daily transactions an to store in our wallet. The use of bitcoin is really depend on the users. There are people who prefer to store their bitcoins in their long time because they are hoping that its value will go up so it is simply investing. The other users like me are the ones who using bitcoin in my daily lives like buying goods, services and commodities.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 13, 2019, 12:54:31 PM
Bitcoin was not made to spend. Not for now. There is a misinterpretation of what Satoshi wrote in the Whitepaper: "A peer-to-peer eletronic cash system". He created bitcoin to be an electronic money system. This is a fact.

Before becoming a monetary system, Bitcoin must be able to preserve value over time. After that, he becomes able to earn society's trust and become a genuine cash.

People accept dollars because they believe that money is still backed by gold (as it was until the end of Bretton Woods), or because (unfortunately) they believe the government will guarantee the value of the currency.

That is, people believe in Dollar because they are sure that money will be at the same value tomorrow. Although this is not true.

99% of the world's population still does not understand, do not know and do not trust Bitcoin. And everything is fine. Bitcoin adoption is a lengthy process that may take decades or centuries to happen.

Bitcoin has never been about just being a simple means of payment. It is not like VISA or Mastercard. He is a legitimate Digital Asset and as such needs to earn trust until it is adopted as money.

Do not spend your Bitcoins. Not now.
I think you are getting the wrong idea about bitcoin because if bitcoin was not made to spend what will the reasons why a lot of people are buying bitcoin for them to earn money and used it to provide their necessities. Bitcoin is also a currency, so it was also made to spend it and it is also the reason why it is the number one cryptocurrency in the market.
sr. member
Activity: 868
Merit: 256
December 13, 2019, 11:59:35 AM
Like one of my mentor do say 'we are here to make money in cypto'. You might be in the category of the Warren buffet that can cough out the same value as the whole bitcoin but I believe if you do, you wont make post as often here to be a legend. If you bought bitcoin, followed the trend of the experience, moved your fund to fiat at the last bull run, buy back this December and pick some profit at 4x this year. If you wait till the next bullrun you are in hundreds of million dollars. That will be life changing decision. Kenny Roger song ' got to know when to hold em, when to fold them and when to walk away'
buy bitcoin now, and wait for next year, if you bought bitcoin earlier this year or when you see the nearly $7000 of bitcoin this year, I would like to congratulate you because in such time, few more months from now I believe bitcoin will pump again and will go to the moon due to the upcoming halving.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
December 13, 2019, 04:53:45 AM
Yes its true bitcoin don't spend now try to have more patience to hold your bitcoin i know that its not easy to hold for a long time but the price of bitcoin now are so low so better to buy some more and do hold it for a long term investment. Bitcoin can go up the price anytime no will know but one i asure to bitcoin holder, bitcoin can goes up the price.
It's not always about a profit that is the focus of some people, because bitcoin has many other advantages to be used in certain purposes. So spending bitcoin at any time is not always about chasing profits because some of us will need bitcoin sooner or later and therefore purchases must at least be done more carefully and considered again so that when selling is not always about loss, because even if you can sell it at a low profit will still be fine.
Like one of my mentor do say 'we are here to make money in cypto'. You might be in the category of the Warren buffet that can cough out the same value as the whole bitcoin but I believe if you do, you wont make post as often here to be a legend. If you bought bitcoin, followed the trend of the experience, moved your fund to fiat at the last bull run, buy back this December and pick some profit at 4x this year. If you wait till the next bullrun you are in hundreds of million dollars. That will be life changing decision. Kenny Roger song ' got to know when to hold em, when to fold them and when to walk away'
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