Pages:
Author

Topic: If you have a lot of bitcoin, should you spend it or save it? - page 34. (Read 33373 times)

newbie
Activity: 36
Merit: 0
You have to divide the risk, spend and save.
legendary
Activity: 1596
Merit: 1011
I will divide it equally. i will sell it partly and also save it some again, this will help me when bitcoin price is uncertain. for example when the current bitcoin price has high rates, then I will sell it partly because I bought it at a low price and this is quite profitable. then some I save because I still hope there will be a bitcoin price increase again, this can give me a chance to get more profit.
full member
Activity: 336
Merit: 121
Ideally, most of it is a HOLD / HODL

But why not spend a little and and experience the Technology.

Be a part of the Revolution Smiley

First of all you need some English teachers that they teach you English proferly because look at your grammer sentence are not even expecting to explain other look at the statement about revolution it is quite going changing by years and months like yesterday we were different in technology now we are different so what can we say more?
full member
Activity: 191
Merit: 100
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 Smiley
It depends on a person's individual needs and wants. But ofcourse everyone has spending needs i guess. Where buying is considered. But i must say that a person need not to forget that always make the savings amount bigger than the amount of spendings. So that if you'll need money someday you'll have something to spend to it. So be careful of spending and be sure to save.
member
Activity: 64
Merit: 10
save  it becaue after few years many people will ask about it
full member
Activity: 256
Merit: 100
For me, my answer in that questions is, I will spend as well I save it. You need to treat yourself because your hardwork has a payment. Spend it in nice and useful way. Also you should save it for the future. I suggest that you should reinvest it make it more bigger. Save it as long that you still take care of your healthy-yourself rather. Spend it and save your bitcoin. Be wise.
sr. member
Activity: 2660
Merit: 339
In my possess viewpoint, get or spend your money and hold the remaining volume simply because possibly you obtain or get rid of, at east the funds sum you place in was previously safe in your palms.
I am in the favor of saving bitcoins for future purpose because they are going to make many more records in the future, leaving all the investors with massive capital. There is no need to waste bitcoins on useless things. They are the global assets and meant to be treated with care and wisdom.
sr. member
Activity: 602
Merit: 250
Save it. The price is going high everytime, it needs patience. You can spend it on an investment just if you are sure that it will earn profit.

Saving the Bitcoins for a longer term is no doubt a guarantee for this thing that you will become a millionaire one day. As we have seen how Bitcoin market price manage to go this much high in such a short span of time. You can for sure earn a lot from holding them. And this is what will benefit you the more.
Truly said. I think holding of Bitcoin is something which every single wise person living on this earth will certainly do without having a second thought even. We can hardly deny this thing that Bitcoin will surely have a wonderful future. I think the one who own Bitcoin will never let it go out of their hands.
full member
Activity: 378
Merit: 100
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 will be having a chance to have such great count of bitcoin in my hand, I will surely save the biggest percentage of it because I can see that it can grow more since bitcoin's price rate is continuously rising which means that the initial value of the bitcoin I have can grow more enabling me to have larger count of money in my account. I will also spend the small percentage of it for my needs and wants and also spend it on investments which can give me more income because it is a valuable spending while earning.
hero member
Activity: 504
Merit: 500
I have to save and multiply my bitcoins to get more profit in the future. Now I can spend my salary on the right things, and bitcoin will provide me in the future when I quit my job.
yes i am also going to save my bitcoin and not to sell it, because i am very sure that the price of bitcoin will increase and this time it is going to cross 600 without any stay. i think if a person can manage he should try to buy more bitcoins in present time because bitcoin is  trading in a low price and hopefully bitcoin price will very soon boost again.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
Nice... Well, for bitcoin, the more you save or reinvest it, the better because it is speculated to rise more in the future. So, it will be a wise decision to either reinvest safely or hold tightly and not to be carefree to spend it lavishly now.
hero member
Activity: 756
Merit: 501
This decision should be taken by each one, we cant say to all make the same since we have all different goals, or havent at all. I will dump my coins if i achieve the goal i had considered and nothing before 2020 halvings unless i need money for some emergency, otherwise my coins will stay with me till 2021, after those if my goal achieved i will exchange into fiat.
full member
Activity: 237
Merit: 100
The bitcoin must be stored. This is a great investment and if I had known about it before, I would have bought it at the very beginning at a very low price to become very rich, and now it will take a long time to wait.
sr. member
Activity: 686
Merit: 277
If I have lots of bitcoins I think I will spend or cashout some of it. I rather have reward myself since I earned a lot.
That’s nice. Obviously you worked hard, deserve a grand celebration. Probably everyone will dos o. nobody is going to cash out all bitcoins. We all very well that bitcoins are evergreen investments and it is never bad to keep them in your pockets. They can anytime make you go on the top of the world.
newbie
Activity: 56
Merit: 0
In my possess viewpoint, get or spend your money and hold the remaining volume simply because possibly you obtain or get rid of, at east the funds sum you place in was previously safe in your palms.
full member
Activity: 182
Merit: 100
I rather saved it first and wait for the right time until its valaue get higher and turn it into cash. For now, I am starting saving it. I chose this bitcoin be my saving kit. All of my earning here is for my future. Then my other earnings goes to my daily expenses.
hero member
Activity: 938
Merit: 500
Even if I have lots of bitcoins I will not spend them blindly as saving for future can be the best choice as price will be much higher in future so at that time if I have more bitcoins then I will be getting higher amount of money and right now I will spend only if there is any emergency and if I am in need of money.
sr. member
Activity: 588
Merit: 250
Well if you really have a lot of BTC in your wallet, in my opinion the best thing you can do is to save at least 50% of it  for future.. price will go UP ofc Smiley (I would save around 75%)  talking about saving 50%, next 25% I would invest in ICOs.. but really into those that deserve my money.. not every other shitcoin ICO.. rest 25%.. withdraw and enjoy it irl.. the best thing you can do.. by the matter of the time.. that 25% loss will be cleared with your ICO profits + BTC value rising. Smiley
What I will do is to save a lot of them,  like about 50% of the amount I have and then be using the other 50 share to d OK other stuffs like taking care of myself and investment. But if you’re doing such,  you should always be smart and know when skip events  are likely to take place.

As of now, most of my income is consumed by paying for my personal expenses and in giving money to my parents. I am still studying and we know how costly it is in college. Through bitcoin I was able to support myself which I am very happy.  As soon as I graduate, I was planning to find a job that will support my personal expenses so that my earnings in bitcoin will go to savings but if my plan wasn't followed, I will go full time with bitcoin.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
I have to save and multiply my bitcoins to get more profit in the future. Now I can spend my salary on the right things, and bitcoin will provide me in the future when I quit my job.
You are in a good situation because you have a job and also some investment in bitcoin and that will help you to earn a lot of money in the future because if you will just save bitcoin and add some more bitcoins from your salary then you can have a financial freedom after you leave your job and you don't need to always think for the money because you can make a lot of millions with bitcoin.
full member
Activity: 189
Merit: 100
🌟 eSports ICO: 01/11/2017 🌟
I have to save and multiply my bitcoins to get more profit in the future. Now I can spend my salary on the right things, and bitcoin will provide me in the future when I quit my job.
Pages:
Jump to: