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. 
Topic: Don't spend bitcoin. Not now. - page 9. (Read 3809 times)
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.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It should be a multipurpose as people should save it and also be suing it like Fiat is being saved and also savings are done by people . Thus combination of both will help the btc and people to also to take advantage and thus solve the purpose too .
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It should be a multipurpose as people should save it and also be suing it like Fiat is being saved and also savings are done by people . Thus combination of both will help the btc and people to also to take advantage and thus solve the purpose too .
It useless to HODL if you are getting a good return. Like if you bought bitcoin today at 7200 $ and after sometimes you are getting 15000 $, one must sell it. Crypto market is one of the new frontiers of the trading market and people have perception that it will only go up and never fall. Just like other markets go up and down, crypto market will also give you opportunities to buy.
I think its really a stupid argument to wait for the time when Bitcoin gets accepted worldwide, you need to understand that if no one spends then how will you think of systems and test on it with common people. It will never be developed as a worldwide currency with your argument.
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.
Its hard to HODL in this situation
inexperienced investors are those that could be selling off now. This is a time to buy more. The dumping doesn't affect bitcoin for a long time, it is temporal and the bull will come back. The halving is being expected next year, so to buy now is better. I also agree but of course buying bitcoin at this time must have reasons and factors that support, not just because halving then just casually buying bitcoin and when halving is finished and the market and crypto prices do not show a good direction, instead worsening, things it can have an impact on the personal economy. I mean we need to learn more about TA for next year.
This is hard to do especially since we have so many everyday needs met by bitcoin. This is why it is difficult to do and definitely not preventable.
So there is nothing we can do to stop the sale of bitcoin, and whatever is set in the future is sure to happen because Satoshi Nakamoto is smart.
So there is nothing we can do to stop the sale of bitcoin, and whatever is set in the future is sure to happen because Satoshi Nakamoto is smart.
There is no point in advising Bitcoin users to hold their coins indefinitely. Unless Bitcoin becomes a global currency that is accepted everywhere, at some point in the future you may need to convert at least part of your coins to some other asset (preferably fiat cash). And I have to admit that a lot many of the users are getting impatient now.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It should be a multipurpose as people should save it and also be suing it like Fiat is being saved and also savings are done by people . Thus combination of both will help the btc and people to also to take advantage and thus solve the purpose too .
the mentality of those people surrounding bitcoin most are still in the investment side. The value suffered once a dumped happen as fear of losing investment is the first priorities of those who are holding this coin. An open thinking mindsets can convert things to a much profitable business.
It should be a multipurpose as people should save it and also be suing it like Fiat is being saved and also savings are done by people . Thus combination of both will help the btc and people to also to take advantage and thus solve the purpose too .
Bitcoin is a multipurpose currency but the current development is not meant to use as a day to day usable currency because it is yet to develop into something that can be transacted on a daily basis and hence majority are taking this as a store of value, it is in the initial stages and hopefully we will see better scaling solutions so that we will be able to use on a daily basis. 
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
It should be a multipurpose as people should save it and also be suing it like Fiat is being saved and also savings are done by people . Thus combination of both will help the btc and people to also to take advantage and thus solve the purpose too .
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.
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 disagree, if nobody spends bitcoin as a means of payment then it will never become a solid form of payment. It needs to be accepted as a means of bartering a good or service in return for bitcoin. If no one spends it, it will never qualify as money. Some people do hoard bitcoin and that is fine for them, but many others use it as a daily currency which I encourage.
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 disagree, if nobody spends bitcoin as a means of payment then it will never become a solid form of payment. It needs to be accepted as a means of bartering a good or service in return for bitcoin. If no one spends it, it will never qualify as money. Some people do hoard bitcoin and that is fine for them, but many others use it as a daily currency which I encourage.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.
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.
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 disagree, if nobody spends bitcoin as a means of payment then it will never become a solid form of payment. It needs to be accepted as a means of bartering a good or service in return for bitcoin. If no one spends it, it will never qualify as money. Some people do hoard bitcoin and that is fine for them, but many others use it as a daily currency which I encourage.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
Well, that is one of the reason why we are all here and that is to make Bitcoin as our one form of investment, but of course we also wanted Bitcoin to be part of our payment solution, to be part of our currency one day and yes I would agree that if given the chance and if possible, we should not sell even a single Bitcoin for now as we don't know the value of it in the future.
Ill think not only me investing or buying some bitcoin for holding and wait for this coming bull run that we waiting always.
Dont sell bitcoin if the value of it are in dip situation because if want to earn more big from bitcoin we should sell it into a high price.
What makes difficult here is that people are just considering Bitcoin is purely an investment instead of currency to spend with. If we keep holding bitcoin we can't expect that its prices will go higher as the demand will still at a low. We need to have huge support and market demand but actually can't be of possible if there are no users.
Well, that is one of the reason why we are all here and that is to make Bitcoin as our one form of investment, but of course we also wanted Bitcoin to be part of our payment solution, to be part of our currency one day and yes I would agree that if given the chance and if possible, we should not sell even a single Bitcoin for now as we don't know the value of it in the future.
This sounds like something that should had been written in 2010.
Can't put it any better. I first started investing in Bitcoin 6 years back. I guess I was a bit late and when I purchased my coins, the exchange rate was around $600 per coin. So right now I'm on top of unrealized profits of ~1,200%. This is a lot more than what I could expect from investments in stocks or real estate. But those who made their investments two years earlier than I did are now in 500x to 1,000x profit. But I don't want to get too greedy. Now I am planning to sell some 20% to 30% of my coins in the next 12 months.
Sounds like you are planning smart. I can't stop thinking that right now is still a good time to hold and buy more Bitcoin when possible for a few future highs which could be close to those in the past. Nobody really knows I guess.
This sounds like something that should had been written in 2010.
Can't put it any better. I first started investing in Bitcoin 6 years back. I guess I was a bit late and when I purchased my coins, the exchange rate was around $600 per coin. So right now I'm on top of unrealized profits of ~1,200%. This is a lot more than what I could expect from investments in stocks or real estate. But those who made their investments two years earlier than I did are now in 500x to 1,000x profit. But I don't want to get too greedy. Now I am planning to sell some 20% to 30% of my coins in the next 12 months.
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