Topic: If you have a lot of bitcoin, should you spend it or save it? - page 46. (Read 33380 times)
I wish I had a lot of bitcoin as of today because if I did, I would ultimately go for the two options by both saving and selling because there is no point of having thousands of dollars stashed somewhere and I can't get to enjoy life and at the same time won't sell everything then blame myself why I didn't wait a little longer in case the price just reach the moon within some few days after selling. So I will apportion my need to what I will be selling then wait again till when another need arises which I am sure I will need lesser amount of BTC to meet at any point in time.
For me, I would say that I would save it if I had a lot of bitcoins. Though with your case, OP, you are saying you have 2.1 bitcoins, that's not really significant to impact it with price increases from time to time. I recommend saving because even up to now, I think bitcoins are still under-priced and its price will go up some more in the coming months.
If you have a lot of bitcoin I think the best way to do is to save it than to spend it. In addition to that, saving and holding bitcoin will help you to make and earn more income. Holding is one of the best ways to gain more income and I believe that the price of bitcoin will increase in the future so that it’s better to hold or save it than to spend it. 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 in my own opinion if i have a lot of bitcoin inside my wallet, i would like to make and start my own business like a computer shop so i could earn more money, i can also invest my bitcoins so i could double my money that i have invested. And when i started to earn a big money again i could now save them for future purposes.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. 
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 in my own opinion if i have a lot of bitcoin inside my wallet, i would like to make and start my own business like a computer shop so i could earn more money, i can also invest my bitcoins so i could double my money that i have invested. And when i started to earn a big money again i could now save them for future purposes.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!
Not directly. You savings or should i say earning depends on the rate at this exact moment. You can say that you are saving or earning when you exchange your bitcoin into a local or available currency and the rate ia higher than before. I think what's happening in your wallet is bug or maybe you are using your wallet address in earning online 
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.
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 in my own opinion if i have a lot of bitcoin inside my wallet, i would like to make and start my own business like a computer shop so i could earn more money, i can also invest my bitcoins so i could double my money that i have invested. And when i started to earn a big money again i could now save them for future purposes. 
If you have a lots of bitcoins HOLD IT. Since you see the value going up now you know what happened if you hold. And if you spend for what ?
for chilling or other else if that is not important Save it and Hold it your BTC. i know its hard to be patience when it comes to money but if the future there will be a biggest return. Think that always
Bitcoins are the future of world economy and those who are holding Bitcoins today will be ruling the world tomorrow. for chilling or other else if that is not important Save it and Hold it your BTC. i know its hard to be patience when it comes to money but if the future there will be a biggest return. Think that always
I don't find any solid point in wasting Bitcoins at present. If you have more than enough Bitcoins, you should save them for future. In the coming decade, we are going to be the most precious asset of the world.
Instead of spending it or selling it I will prefer to invest it in trading where there is always an chance to grow my bitcoins as spending now won't be much profitable as price is expected to rise to $5k and once it gets there that would be the time to start spending them.
I will spend half of it of course, ill make myself enjoy if i had many bitcoins the half of it will go to the paperwallet savings for my future.
I will not spend the half of it maybe just a quarter of it because I want to make sure that I still have many bitcoins while having fun. It is necessary to have fun while earning bitcoins as it will make us more inspired to earn more of it. I will make sure that I will use my bitcoin to good reasons and that I can secure my wealth. I do not want to go back to the time where my problem is all about the money.
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 very amazing thing to think of. Ofcourse having a great count of bitcoin like that will push you to start being wise and knowing how you can let it stay for a long period of time. Saving will be a great thing or let us just say the best thing to do to be able to make your bitcoin last but saving will not just be a way to make your money grow because waiting or just holding it for a long period of time is like waiting for a tree to grow though worth a wait, we cannot still assure if the flow in the market is always on pump so to be able to add your gain, you must take a risk to spend it on useful thing such as investing into a beneficiary thing that you think can add up your current state of money. 
I will spend half of it of course, ill make myself enjoy if i had many bitcoins the half of it will go to the paperwallet savings for my future.
If I have alot of bitcoin I don't hesitate to spend it especially when I neede the most. I doing bitcoin to sustain what I want and I am alright on that. But if I dont need to spend my bitcoin I will decide to save it for I have money when I need to buy something in the future.uo
Yes if we have lots of bitcoins then we won't mind it spending for shopping or for any other investment purposes but the best thing would be to save it for future so that we can sell it when price goes higher in future to make higher profits.
If I have alot of bitcoin I don't hesitate to spend it especially when I neede the most. I doing bitcoin to sustain what I want and I am alright on that. But if I dont need to spend my bitcoin I will decide to save it for I have money when I need to buy something in the future.uo
It will depend on the price of bitcoins as if the price goes higher and if I have more volume of bitcoins in my wallet then I will spend some of them and will keep remaining for the future as price can go very high in next few years so at that time I should not be left empty handed.
If I have lot of bitcoin in my wallet then I won't hesitate in spending some of them when I am in need of money and most of them I will save for the future and use of them in trade and investment to grow my bitcoins in long term so even if I spend them sometimes I always have an chance to recover them back by investing them in trading.
I would do the same, I would save some portion of it and invest the other one except I would invest in some good ico as it's been one of most profitable investment for sometime now only you have to choose the right one. So I would like to advise you op that don't invest the whole of money you have, save some of it too. 
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 save my bitcoin of course i will only spend it for emergencies or future purposes. Why would someone spend all of it's bitcoin in worthless things they still need to save there bitcoins because earning bitcoins are not that easy so you need to budget all the things that you buy everyday. It's personal man, you're the only one who can decide that. If you have great incomes then why not save it for the future. Or split the amount on how much you are able/want to spent or save.
Yes, I agree we shall spend it only for future emergency use. But if we really want to spend it for somehow atleast we shall
Lower down all our important expenses that can't be removed by this we can savemore for other investments.
It's personal man, you're the only one who can decide that. If you have great incomes then why not save it for the future. Or split the amount on how much you are able/want to spent or save.
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