If you have a lot of bitcoin, should you spend it or save it? - page 10.

Whosdaddy

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Quote from: apolonio on September 28, 2017, 10:48:12 PM

I will save for it first.Then,if ever there will be an emergency or something comes up and i will be forced in using it,then,I will spend it.

Something like this has happened to me in the past when I was just forced to withdraw most of what I have to settle some huge bills on my neck. However, things turned around so quickly and luckily for me, there was a huge dip then and mehn!

It was like a blessing in disguise for me at that moment cause I so much bought even more than I had before. So sometimes situation can warrant someone to do what they may not have done normally.

Pettuh4

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Quote from: hyunee on October 02, 2017, 11:22:44 PM

I will invest it. Investing is a way to save money for your future. I would love to see how i can be successful when the time comes when i invest money. Cause I know how much I can get if I invest my money right.

Exactly, investing in something more profitable than bitcoin and watch them grow and as much as you profit from those investments then you buy more bitcoins down. But you should be careful in chosing what you invest your bitcoins in else then you're better off keeping it in bitcoin because it's also an investment.

hyunee

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I will invest it. Investing is a way to save money for your future. I would love to see how i can be successful when the time comes when i invest money. Cause I know how much I can get if I invest my money right.

Skylake

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i will use for building my biggest dream, 100Ths ethereum mining rig Cheesy

if i have a big ethereum hashpower, i can earning alot money everyday

megynacuna

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Quote from: dystectic on October 02, 2017, 05:19:08 PM

If I had a lot of bitcoin I would save them until I have a lot of them. It can come handy when you really need money. or else I wouldn't spend them on unnecessary things.

Exactly, saving is the only way if you have no pressing needs. The longer you hold the better your chances of selling at a huge price someday and making decnt returns on your bitcoin investment.

dystectic

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If I had a lot of bitcoin I would save them until I have a lot of them. It can come handy when you really need money. or else I wouldn't spend them on unnecessary things.

a124348810

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Important factors for making a decision in this case will be the availability of normal work, the availability of free time, knowledge of trading .. for each individual case there will be a separate solution..

Vasilije69

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Well, if you have a lot of bitcoin, you should try to find some safe, good investment(maybe some ICO) which has great potential of growing in near future and invest in it. If you are not sure what to in invest in, just keep those BTC in your wallet.
You see how big is it currently, and definetely it will get even bigger.

cherrymobile

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Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

if i have a lot of bitcoins my plan is to build a small business to big business becuase i know that bitcoin is my only way to get money so that's why im trying my best to earn a lot of bitcoin becauase i want to become rich like others and if i get a lot of btc i will save it for my future money.

AngelSky

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Quote from: Farma on October 02, 2017, 02:17:03 PM

well, spending on something unnecessary will really be a waste. use the thing for more important if you intend to spend it. and I further suggest that for the long term, storing bitcoins would be much better.

Ya my opinion is also one and the same. Sell your Bitcoin only you need of money. Or else, keep the bitcoin as much weeks as you can. Since again the price of bitcoin is increasing now. You may expect this to high value. Such as 5000$.Who's know this bitcoin Savings will help your future.

kafeelniazi

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Usual question, and every time my answer is same,
I invest these in any running business like an electronics hole sale dealership or in some hotel. and also save some for more profit through bitcoin.

Dobmader

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if i have bitcoin in larg amount i will some of them spend on my needs and some of them save for my future.

Farma

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well, spending on something unnecessary will really be a waste. use the thing for more important if you intend to spend it. and I further suggest that for the long term, storing bitcoins would be much better.

Kousei23

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Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

For me, I prefer saving it because as we know each year that pass the value of bitcoin always increase and it has a big possibility that it will increase in the future years so our money that we hold will increase as well. If you hold it and be patient all things will be good to you. You will earn the patient you put in your money and earn a good and higher amount.

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Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

Ofcourse it depends on the person and based on his needs. Many people nowadays are choose to spend because they believe that they will always have income in bitcoin so that they always use their bitcoin. And also they choose to earn ofcourse in order to buy things they want and they also beleive that it will make them rich.

mozillaspez

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Quote from: arbelian on October 01, 2017, 02:12:01 PM

Having a lot of bitcoin is a very good investment what i will do if i have so many i will encash some of them so that i could use in my daily expenses and the remaining i would save to be able to gain more profit in the coming years. With saving it i could still expect income coming from the value of bitcoin.

That is the same thing that I do. If I get a big amount of bitcoin then I divide that amount in to different parts for different purposes. Like most important part is saving, then I spare some for trading and rest I use for my daily use. Our thoughts are same.

Pejoh Asu

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Quote from: 0t3p0t on October 02, 2017, 09:53:58 AM

Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

If you have 2.1 BTC and you don't spend it I think it will surely go up not only a few cents if you save it but could possibly reach into like hundreds or even thousands of dollars. In my case I just recently withdraw all my Bitcoins and altcoins due to an accident happened yesterday. I was collapsed in the cr and my head hit on the floor. I am afraid to leave my coins in my wallet and just making sure to have it myself if something will happen to me I can use it for my check up so just this morning I made a cash out all of my funds in Bitcoins and altcoins which only worth .06 BTC. I need to work hard now even though I still have a headache. I know I can pass all this and still continue to learn and earn Bitcoins.

Yes it is true, the bigger the bitcoin then the opportunity for greater profit, the price is now around $ 4430 and it looks like October will reach $ 5000 and we will get more profit if we keep. the issue of banned bitcoin china has ended and has no impact on bitcoin prices.

streazight

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Quote from: Junko on September 28, 2017, 01:54:15 PM

I do both. I spend a very small portion on random stuffs - gambling mostly and occasionally buying stuff. But for the most part, I save/hold most of my bitcoins. Why buy a slice of plain cheese pizza today when in some years later, you can buy a pizzeria business with the same amount of bitcoins?

I like that a lot. Why buy a pizza today when you can use the same amount to buy the whole pizzeria. This is the mindset people should have. We keep saying bitcoin is going to help reduce poverty but the truth is that few people will be able to utilize what they have strategically and not end up blowing it all away within a short period.

0t3p0t

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Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

If you have 2.1 BTC and you don't spend it I think it will surely go up not only a few cents if you save it but could possibly reach into like hundreds or even thousands of dollars. In my case I just recently withdraw all my Bitcoins and altcoins due to an accident happened yesterday. I was collapsed in the cr and my head hit on the floor. I am afraid to leave my coins in my wallet and just making sure to have it myself if something will happen to me I can use it for my check up so just this morning I made a cash out all of my funds in Bitcoins and altcoins which only worth .06 BTC. I need to work hard now even though I still have a headache. I know I can pass all this and still continue to learn and earn Bitcoins.

Lupin13

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Quote from: Crapz23 on June 27, 2017, 10:58:10 AM

Let's say I have 2.1 BTC And I don't spend it. Will it go up a few cents if I save it? Cause in my wallet I have up to about 50 cents worth of bitcoin. I started up with 13 cents 7 months ago. Now all of sudden I have bitcoins worth 50 cents. What do you call this? I only made that one 13 cent deposit. Nothing else!

If I have a lots of bitcoin, I save it to save a lot of my future, my siblings, parents, friends. Because I want to grow and grow my bitcoin by investing in bitcoin-related businesses. I want to save my bitcoin to increase its value will also increase my profits and I will progress further by accumulating my bitcoin.

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