Topic: If you have a lot of bitcoin, should you spend it or save it? - page 32. (Read 33373 times)
September 09, 2017, 08:53:26 AM
of course if have a lot of bitcoin i will save it because its increasing day by day and so that i can have much more money.
September 09, 2017, 07:20:51 AM
Im assume what the Op means about A LOT are worth to Millions. 
, I will gradually turn my 100% bitcoin profit into cash were i can spend it wisely and save the rest directly to bank RATHER than holding it again for a long period of time while waiting for another skyrocket price hike.
, I will gradually turn my 100% bitcoin profit into cash were i can spend it wisely and save the rest directly to bank RATHER than holding it again for a long period of time while waiting for another skyrocket price hike.I can see that you're the kind of person that dont want to wait. We are very different. Me, I want to hold my bitcoin for long time and wait for its increase because if its price increase maybe double or triple then the money I have will also increase its price. So wow. Worth the wait right? If I save my money in a bank, that money increase will never happened. Sometimes we need to be practical and strategic. That half of money increase is not a joke and it is very hard to earn. All we are going to do is just sit back and wait, that all. Don't be so lazy.
September 09, 2017, 06:58:29 AM
There's no point in having so much bitcoin if you don't ever plan on spending a part or most of it. When the time comes that crypto currencies are an everyday use thing, I won't hesitate using a portion of whatever I have because it is one of the primary purpose of its creation, for it to be used as a currency. I am sure many here would like to see that scenario as well.
September 09, 2017, 06:45:07 AM
It depends on what you want to do. If you want to make fast profit than it is better to sell them and buy some altcoins. If you want to take some long run, than just keep them and get some big profit after an year or two 
If i have a lot bitcoin what should i do spend it or save it. For me both for example i have 10 bitcoin 20% is will sell it or spend and the 80% of my bitcoin is for my saving. I save more money or percent of my bitcoin because i will wait for the increase of value of bitcoin and i will use it for investment and trading on that strategy i will get more profit. 
September 09, 2017, 06:20:25 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, definitely I will spend some of it for a comfortable life. I will even put up a business and securr the future of my family. I will keep some of my bitcoin for it to increase its value.
September 09, 2017, 05:54:58 AM
i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.
I agree with you its better to save then wait for the pumping up the value of bitcoin to get a high income or if u want go trade or invest it will give you triple profit September 09, 2017, 05:16:20 AM
This really depends on your financial situation , for example you can need your saving one day for an emergency or something , and then you'll have to withdraw it all .. But if you won't face such cases , the most right thing to do is to invest your funds via trading buying/selling exchanging ..
You shouldn't just wait to watch your funds grow as bitcoin's value grows , it's not a bad way , but investing will make you way better profits .
You shouldn't just wait to watch your funds grow as bitcoin's value grows , it's not a bad way , but investing will make you way better profits .
September 09, 2017, 05:13:10 AM
I don't know what kind of money are we talking about, but I think that always need to spend part of their income. The most ideal is when you can earn more than spend. But if that fails then you should still get the incentive from working. It is impossible to live and not to spend their money.
September 09, 2017, 05:00:31 AM
better keep it a few months ago and often make observations of the price movement of coins with great care so that when the rise in high starting price we live to exchange it so that income can be also very large than directly sold in the initial period of certainty and will definitely make yourself disappointed with the continuation a price.
September 09, 2017, 04:45:20 AM
Im assume what the Op means about A LOT are worth to Millions. , I will gradually turn my 100% bitcoin profit into cash were i can spend it wisely and save the rest directly to bank RATHER than holding it again for a long period of time while waiting for another skyrocket price hike.
If I had a lot of bit coins I would rather spend it on some useful work to have a better life style. It will be a blessing in disguise for me to have a lot of bit coins. I might be saving some of them for my future and investing them in a smart and efficient way. , I will gradually turn my 100% bitcoin profit into cash were i can spend it wisely and save the rest directly to bank RATHER than holding it again for a long period of time while waiting for another skyrocket price hike.
September 09, 2017, 03:18:43 AM
i think better save it because bitcoin prices will continue to increase as more people know about bitcoin and will try to use or invest in bitcoin at this time.
I agree with you its better to save then wait for the pumping up the value of bitcoin to get a high income or if u want go trade or invest it will give you triple profit 
September 09, 2017, 02:42:30 AM
If I had like a 1000 bitcoin to work with I would probably ATLEAST save 50% of the total. I would invest some in real estate as a long term real life investment (25% roughly) . And I would get rid of any open debts and invest in a personal home etc. I think that would make up for 10-25% of the bitcoin (probably 10% because I don't like spending bitcoin). With the remainder of the bitcoin I would invest in altcoins or a promising well established ico for quick and high returns on my investment.
September 09, 2017, 02:35:41 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 ever I'm going to have a lot of bitcoin in my hand, I will choose to spend some and then invest the most. Having a lot of bitcoin surely made me work a lot and to pay myself a reward for my hardwork, I think spending some of my earnings will work. Since the certainty that I'm going to have that much of a bitcoin is not that sure, I will be investing some so that when the time comes that most of the people have lost their bitcoin, I will be able to have some money for the things I want in the future.
September 09, 2017, 02:23:23 AM
actualy for now if have more bitcoin i can't spend i will save my bitcoin not advicesable for now to spend bitcoin because bitcoin is slightly dump affecting of the ICO banned by china, government, but i'm not worry for that issue i believe sooner that issue resolve by the dev's of bitcoin and the china government, as i heards if i'm the china want to regulate the bitcoin as cryptocurrency.
September 09, 2017, 02:16:52 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 ever I'm going to have a lot of bitcoin in my hand, I will choose to spend some and then invest the most. Having a lot of bitcoin surely made me work a lot and to pay myself a reward for my hardwork, I think spending some of my earnings will work. Since the certainty that I'm going to have that much of a bitcoin is not that sure, I will be investing some so that when the time comes that most of the people have lost their bitcoin, I will be able to have some money for the things I want in the future. September 07, 2017, 07:14:00 PM
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 ever I'm going to have a lot of bitcoin in my hand, I will choose to spend some and then invest the most. Having a lot of bitcoin surely made me work a lot and to pay myself a reward for my hardwork, I think spending some of my earnings will work. Since the certainty that I'm going to have that much of a bitcoin is not that sure, I will be investing some so that when the time comes that most of the people have lost their bitcoin, I will be able to have some money for the things I want in the future. September 07, 2017, 07:10:54 PM
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 ever you have a lot of bitcoin, you should make sure that every decision you make is wise and careful. Many are aiming to have a lot of bitcoin but it depends on a person whether he will save it or spend it. If you think the value of bitcoin will still rise, then you should be patient and wait for the price until it reaches your satisfaction. If you are not that fond of waiting, then you can go sell your bitcoin and spend it but be ready for the regret you might feel.Don't wastes your time with cents and small amount of bitcoin. Try to buy at least $500 equivalent bitcoin with fiat money and then put it into an exchange to get started in altcoin trade. Trade calmly altcoins and this will provide you good income, possibly.
Holding is not a good idea if you have a few bitcoin.
September 07, 2017, 07:09:39 PM
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!
I will spend some if it but i will save or invest the remaining. It is because if you just spend all of it, nothing will remain to you. You will start earning again through small amounts. But if you save half or some if your bitcoins and invest it, you will have continuos generation of bitcoin. Just be wise managing your own bitcoin. September 07, 2017, 07:05:05 PM
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 ever you have a lot of bitcoin, you should make sure that every decision you make is wise and careful. Many are aiming to have a lot of bitcoin but it depends on a person whether he will save it or spend it. If you think the value of bitcoin will still rise, then you should be patient and wait for the price until it reaches your satisfaction. If you are not that fond of waiting, then you can go sell your bitcoin and spend it but be ready for the regret you might feel. September 07, 2017, 02:30:54 PM
If I were to be holding some larger amount of btc, about 10+.. I'd be saving them of course, but would sell a small portion here and there or once a month for bills or for whatever is needed.
Jump to: