Topic: If you have a lot of bitcoin, should you spend it or save it? - page 45. (Read 33380 times)
I think it's still slowly rising only because too many people are waiting for it to drop lower to buy it. We won't see that happen Everytime it moves higher. This is just the beginning. Next stop is the moon.
I do not like the store, I sell it in cash and I convert it to cash, it makes me feel a little shopping, eger I get more strase, I make more mistakes, I make big money for investment.
look like a find some one of my own type, I also doesn’t like to store bitcoin for a long time, I’m full of life and I want to enjoy every moment of my life and for enjoyment you need money so that is why I turn my bitcoin into cash and spend them into pretty good stuff that make me happy and I’ll also save bitcoin for the future, because I know it benefits me in future. 
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!
Imagine if you save and hold all your bitcoin 2.1btc on that day until now, you will gain a mass profit right now. As you know, the price of bitcoin is increasing so high right now and it might increase again. In my opinion it's better to save it again or you can cash out some of your bitcoins right now.
Considerig its high price right now it is unbearable to see that you will lose some value of bitcoin. I agree with you that at least part your bitcoins. Sell some and use it for fun because it is not good to just work and work without having fun. It is just to inspire us earning more and using bitcoins. Then some of the bitcoins you sold should be used to buying stocks and or mutual funds. Then let the remaining bitcoins do the propagation as we do not know how high its price/value will be.
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 bitcoin i will use my bitcoin in trading,investing for any available purpose to earn lot of money.So i chose i save it in my wallet until the high value will come it is my opportunity to withdraw my saving in bitcoin and for that i claim a high value of money in way of savings. 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!
Imagine if you save and hold all your bitcoin 2.1btc on that day until now, you will gain a mass profit right now. As you know, the price of bitcoin is increasing so high right now and it might increase again. In my opinion it's better to save it again or you can cash out some of your bitcoins right now.
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!
Imagine if you save and hold all your bitcoin 2.1btc on that day until now, you will gain a mass profit right now. As you know, the price of bitcoin is increasing so high right now and it might increase again. In my opinion it's better to save it again or you can cash out some of your bitcoins right now.
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 that amount of bitcoin, I think the 40% of will goes into trading then the rest I will save it and store it on my bitcoin wallet address.Due to savings has a lot profit that we can get from it.
If you have that much then it would be easy for you to find a balance between saving and spending just what you need. But you said if having many, so what would be the problem?
Well having a lot of bitcoin is good to both spending at the same time save some or in balance 50% for spending and 50% savings. If you have that it is not a problem ,the ones who has a limited or small amount of bitcoins have a lot of problems to where he will spend it to make more bitcoins and how much he will save for his use or future. 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 lot of bitcoin i'll divided it into two . the half of that ill spend it on my basic needs to fullfill all my needs and my wants and the other half what i can do is to save it to surely in the future because some happens in our life some are unexpected we dont till what will happen in the future. 
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!
Well If I have plenty of bitcoins then I will spend some of those and save some. I worked for it and i shall give myself a reward for acquiring those. And I will saver some so that if i have financial problems on the next days then I still have enough to help myself. 
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!
It'll surely grow. A good example is what we are experiencing right now. Pumps are continuous because Forks is successful. Bitcoin went skyrocket because of that. And I'm sure that those people who held their Bitcoin for a long period of time are happy because it became worthy. Saving is essential especially in Bitcoin wherein pumps are happening that'll make your wealth bigger as time passes by. Well if i have a large amount of bitcoins i will seriously think about it, for example there are a lot of things that i might want to buy atm, but i prefer saving bitcoins for the future, became into the 21 btc club is my goal, and if bitcoin becaumes much expensive then you can be millionaire in a few years.
so i deffinitely prefer holding it, nobody knows what could happen with this coin.
even if i have a lot of bitocins i will like to save it for the price increase becaue there are a lot of chances that the price of bitcoin will increase. l so i deffinitely prefer holding it, nobody knows what could happen with this coin.
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!
Having such a great count like that is a blessing indeed. That will enable and push you to be wise on deciding your every single move to do when it comes to saving or spending your earned bitcoin. But I suggest that the other way to keep your bitcoin on a positive rate, you better not just hold it or expect to its rise to happen. You must also do a move to add up your capacity by investing on some sort of cypto related investments that will enable you to widen your limits from the usual thing you have. 
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!
This actually depends on the number of bitcoins that I have, if for instance I have a total of a 1000 BTC, there is no reason why to keep all of them, I can spend about 500 BTC and then use the rest of the BTC as an investment portfolio and see it grow till I feel the need to cash out again.I will just save it. Hold it long term. As long as there's no reason for me to spend it, I will keep on saving it. I know that your hand is getting itchy and you want to spend all of your money at once. You might want to even buy the things that you wanted for so long. Sure, you can do that. But you will regret it later when the price of bitcoin starts to increase. You will think to yourself, "I could have bought better gadgets if I cashed out now instead."
It's always a good thing to travel, buy things that you want, or do whatever you want with your money. But I wouldn't do that with my bitcoins. I'm always thinking that if I had cash instead, I will recklessly spend it because I don't have to think about the value of the money that I'm using to increase in the future.
With that, what I do is that I cash out 0.1BTC worth of cash whenever there's a major price increase. Just so I can buy the things and foods that I want every now and then. I don't want to just keep on earning and saving and ending up never getting to use the money that I spent a lot of time on to earn.
It's always a good thing to travel, buy things that you want, or do whatever you want with your money. But I wouldn't do that with my bitcoins. I'm always thinking that if I had cash instead, I will recklessly spend it because I don't have to think about the value of the money that I'm using to increase in the future.
With that, what I do is that I cash out 0.1BTC worth of cash whenever there's a major price increase. Just so I can buy the things and foods that I want every now and then. I don't want to just keep on earning and saving and ending up never getting to use the money that I spent a lot of time on to earn.
We should spend it wisely as keeping a major amount of bitcoins could lead to much great value of money for them
If I have 2.1BTC i will lend it in poloniex. will set a 2-day lending for .0149% and then spend the profit.
Well if i have a large amount of bitcoins i will seriously think about it, for example there are a lot of things that i might want to buy atm, but i prefer saving bitcoins for the future, became into the 21 btc club is my goal, and if bitcoin becaumes much expensive then you can be millionaire in a few years.
so i deffinitely prefer holding it, nobody knows what could happen with this coin.
so i deffinitely prefer holding it, nobody knows what could happen with this coin.
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!
This actually depends on the number of bitcoins that I have, if for instance I have a total of a 1000 BTC, there is no reason why to keep all of them, I can spend about 500 BTC and then use the rest of the BTC as an investment portfolio and see it grow till I feel the need to cash out again.
If you have that much then it would be easy for you to find a balance between saving and spending just what you need. But you said if having many, so what would be the problem?
I'm sure the bitcoin price will never go down, so I'll hold bitcoin because this is the best most profitable investment. The longer we hold bitcoin, the greater the profit.
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