If you have a lot of bitcoin, should you spend it or save it? - page 35.

Rizky Aditya

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Quote from: revinvested on September 01, 2017, 02:57:12 AM

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

(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.

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.

wantjokull

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Quote from: voltesbit777 on August 31, 2017, 12:47:38 AM

Quote from: AleSergio on June 27, 2017, 02:44:27 PM

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

That's correct, buy altcoin is much better than to save or hold it, because buying altcoin is one the fastest way of earnings in bitcoin were your capital can be double or more. Although, savings was also a good thing but the rolling capital is too slow to obtain profit.

The rolling capital is slow but it's not risky as compared to altcoin trading. What you have to do is just hold your bitcoin for long time and do nothing really. If that's making me profit then that's my hundred percent returns and worth going that way. I'm not against altcoin, I'm also all into altcoins but I do part of trading into it and not whole. Making complete investment into altcoin is increasing risk of investment so we should better split the coins investment and I would go with holding more bitcoins than altcoins.

JohnC2389

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If I have a lit of bitcoins, I will spend some of it for my family 's financial needs and save the others or invest it on a small business. Because it will bring even more profit than to spend it on some pleasures. I plan to increase the number of my coins for a good profit in the future. Therefore, if you have the opportunity to get a lot of Bitcoin, spend it wisely, to help build up your way towards financial success.

Xzhyte

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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.

Finestream

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Quote from: Protected101 on September 03, 2017, 03:39:04 AM

Quote from: Alpinat on September 01, 2017, 01:32:00 PM

if i were you i can just save the half of it and i can spend the half of it to buy some things to getting ready in buying of bitcoin like buying a hardwallet, or a personal computer to use as a storage of my bitcoin, all in all i will just save it for my future,

That's definitely a wise idea saving bitcoin for good.preparing what we gonna use things to be comfortable in using bitcoin .for now we need to save for the future we did'nt tell what happen for the future if we invest or save for the future atleast we are safe because of bitcoin.

I don't think of safety anymore, we are investing bitcoin which is a high risk investment, it's profitable basing on the rate now but you can never tell it's safe because there is no such investment that gives security to it's investor, other we are getting free money by investing which for sure a lot of us will do it.

Protected101

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Quote from: Alpinat on September 01, 2017, 01:32:00 PM

if i were you i can just save the half of it and i can spend the half of it to buy some things to getting ready in buying of bitcoin like buying a hardwallet, or a personal computer to use as a storage of my bitcoin, all in all i will just save it for my future,

That's definitely a wise idea saving bitcoin for good.preparing what we gonna use things to be comfortable in using bitcoin .for now we need to save for the future we did'nt tell what happen for the future if we invest or save for the future atleast we are safe because of bitcoin.

PokerFace3

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Quote from: Wingo on September 01, 2017, 12:29:46 AM

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.

Alpinat

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if i were you i can just save the half of it and i can spend the half of it to buy some things to getting ready in buying of bitcoin like buying a hardwallet, or a personal computer to use as a storage of my bitcoin, all in all i will just save it for my future,

Lpim01

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Quote from: mharz on September 01, 2017, 08:57:00 AM

If I have a lot of bitcoin I save and hold it for a long run of time, because bitcoin value was continues increasing. When time past bitcoin is become more famous, more increase that's why I believe that if I hold it for long long time there's a possibility that I become rich.

Same with you, saving those bitcoin could be useful for us in preparing for the near future. Not only that we will become rich in the future because we hold a lot of for a long time, we save it because we prepare also for some emergencies that might happen to us or any from our family. And we don't worry where to find money because we have savings that can help us.

gabmen

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Quote from: mharz on September 01, 2017, 08:57:00 AM

If I have a lot of bitcoin I save and hold it for a long run of time, because bitcoin value was continues increasing. When time past bitcoin is become more famous, more increase that's why I believe that if I hold it for long long time there's a possibility that I become rich.

That's the best thing to do if you're really thinking of making big profits in the long term. People may be thinking that its already too late at this point since btc has skyrocketed at such a quick pace but i don't think it will stop here. Bitcoin has a legitimate chance of making you rich in a few years if you have the patience to hold

nasipadang

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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!

I prefer to save and spend, we need money for living expenses and some saved for savings or investments. Many say it is an investment, because we only store bitcoin without doing anything then see the price go up.

mharz

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If I have a lot of bitcoin I save and hold it for a long run of time, because bitcoin value was continues increasing. When time past bitcoin is become more famous, more increase that's why I believe that if I hold it for long long time there's a possibility that I become rich.

HatakeKakashi

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The 2.1 bitcoin is very big amount and if you have that you can buy some altcoins becayse if you do that you can earn a lot of profit in the future. And others you can save it to your wallet and for sure if the price of bitcoin increase your money also increase so you can make a lot of profit. You can spend your bitcoin to other business and you can hold it . Both is good to make a lot of money in the future.

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Quote from: Dart18 on September 01, 2017, 08:10:29 AM

Quote from: Fundalini on September 01, 2017, 08:07:39 AM

Yes you can spend them provided you have the means to earn them again. Also, there's no problem if it would be used for emergency otherwise that would be a poor decision.

That is the problem. It is hard to earn it back that is why it is hard to spend it also when you see the price is hiking every day. With its expensive rate salary wont even be enough to buy 1 bitcoin per month. The help of the services here somehow can provide for the loss but it is just a little by little and could take a lot of months to earn it back.

If I have a lot of bitcoin then probably I will spend half of it and the rest would be saved. I don't mind spending it if I already spare some for my savings. I also need to spend it for my wants and needs because life will be boring if you don't buy what you like that makes you feel happy for the mean time especially if you many problems in life and you can't carry it throughout the day. So make it a half just intended for spending and for savings.

Dart18

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Quote from: Fundalini on September 01, 2017, 08:07:39 AM

Yes you can spend them provided you have the means to earn them again. Also, there's no problem if it would be used for emergency otherwise that would be a poor decision.

That is the problem. It is hard to earn it back that is why it is hard to spend it also when you see the price is hiking every day. With its expensive rate salary wont even be enough to buy 1 bitcoin per month. The help of the services here somehow can provide for the loss but it is just a little by little and could take a lot of months to earn it back.

Fundalini

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Yes you can spend them provided you have the means to earn them again. Also, there's no problem if it would be used for emergency otherwise that would be a poor decision.

coynedterm

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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!

You should forget that you don't have made any investment and You have only 2.1btc , Now you need to think that what you should do so that not only you can make profit with thr bitcoin value increase in the cryptocurrency market demand , but you should make the grow of btc also , so that you can make profit in both the ways .
Here my suggestion for you to invest in both types of the ways like trading investment in altcoins and investment in small small sites which have better program of earnings ( not to invest in those sites which are giving profit double in day or month because those are only ponzi scheme and can streal you fully ).
After investment ( you can invest in ETH , DASH , ETC , BCC , DGB, RDD, DOGE coin) just wait until the price of the coin get up and don't loose your patience for the down or stability in the price because this is usual for trading to face and make money .

azguard

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Think this can be placed as individual question with multiple answers on this. For once you can do what you want if you need cash exchange bitcoin, if you dont need you will save it. This is how thing are done and this is something that is really hard to decide i exchange small portion every month from 0.1-0.2 max and keep the rest cuz i never know what will it be tomorrow.

Punisherx100

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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!

There is no problem in spending it or saving it. The decision is still yours but make sure that you will have no regrets after all. It is okay to spend it especially when you really need it, but if not it is better to save it. We need to be wise especially it we are talking about money.

Cosbycoin

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Quote from: Haynes on August 31, 2017, 02:33:33 AM

For me, saving is the best choice. because I myself have a dream. if someday fulfilled I want to go to Mecca to fulfill obligation as an ummah of Islam. and I'm sure the money from these bitcoins will be more useful if used for good.

I must appreciate what you think. Saving the Bitcoin is what advised by almost everyone, the one who knows the worth of Bitcoins. You can earn a handsome amount by selling the Bitcoins as well but keeping them can give you much more.

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