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Author Topic: Do you like to hoard your BTC or spend it?  (Read 3685 times)
hendra147
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May 27, 2016, 08:57:30 AM
 #61

I'm also doing both because I spend now and than but also hold a couple coins to gain more profit in the future with the halving this year.

yeah collect as much as possible at this time really well to make a profit at the end of the year. we will pass halving, and even the current prices have started to rise to $480 Smiley
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May 27, 2016, 09:05:49 AM
 #62

I like doing both!
keeping bitcoin by buying and holding it for a long time has been one of my biggest investments in my life (of course only biggest for me) so I think I can call it hoarding bitcoin because it is an investment after all an the price will be much higher in a couple of years.

but also I like spending bitcoin, it is so much more convenient to spend bitcoin instead of cash especially spending it online is way easier and also cheaper.

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May 27, 2016, 09:06:45 AM
 #63

I would like to buy when the price goes down then hold for about one year. If I rank up, I will join a signature campaign so I could earn and accumulate bitcoins. I treat bitcoin as an investment rather than something to pay for transactions. I'd rather have a lot to hold before I start spending them.
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May 27, 2016, 09:18:04 AM
 #64

Currently, I am hoarding, i.e. saving and accumulating/amassing bitcoin.  I would rather use cash on hand for any spending at the moment than to convert any bitcoin or spend bitcoin right now. I think the reason is pretty obvious by now.
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May 28, 2016, 11:19:04 PM
 #65

The more transactions in bitcoin the more healthy it is. I spend most of the bitcoins and I have a small saving for halvening:)

Spending bitcoin is always good as its helping you when you are in need of money, I sell my coins on weekly basis irrespective of the price.
yeah there is a lot of sense in a "spending bitcoin" could have you shopped altcoin or other investments. certainly issued bitcoin for something useful and profitable to be highly recommended. so actually spending is not always throw money unnecessarily. it depends on your choice
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May 29, 2016, 11:23:27 PM
 #66

I'm not a person who likes the boring stuff like hold bitcoin and wait a long time for the high prices ?
I prefer it with something challenging such as spend it in gambling or trade. but I mostly use for trade. I think it was more profitable for me than doing hold
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May 30, 2016, 12:15:44 AM
 #67

i do love bitcoin but hold doesn't seem smart to me...
the future seems great, it will probably grow more and more but what if it just drop to 1$?


Halving will be good(my hope) but bitcoin might just dump in a snow ball effect so now i have multiple investments. and bitcoin is used as a currency (buying stuff with my profits).
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May 30, 2016, 12:25:19 AM
 #68

I'm not very fond of having my money leave my pocket/wallet...  So I hoard as much bitcoins as I can but spend some when I want to.  I think this should be normal because bitcoin is a currency. And currencies are meant to be spent.

Trusted an exchange that climbed to the top 3 in just under 2 years with your money? you are fucking stupid.
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May 30, 2016, 12:28:20 AM
 #69

I'm not very fond of having my money leave my pocket/wallet...  So I hoard as much bitcoins as I can but spend some when I want to.  I think this should be normal because bitcoin is a currency. And currencies are meant to be spent.
I totally agree with this as I do the same thing as you do.
I don't like money or bitcoin in this case not dong anything just sitting idle.
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May 30, 2016, 12:39:44 AM
 #70

I'm not very fond of having my money leave my pocket/wallet...  So I hoard as much bitcoins as I can but spend some when I want to.  I think this should be normal because bitcoin is a currency. And currencies are meant to be spent.
I totally agree with this as I do the same thing as you do.
I don't like money or bitcoin in this case not dong anything just sitting idle.

Agree for this moment I intended to hoard rather than sell it because I'm waiting for halving to and speculates that I can earn a little profit with this time because I only save a little btc  just intended for this event, and really I can say many people do the same way to as they speculated halving will be the very best milestone for Bitcoin history and it well be good for us users, and let see for the future and were surely hoping for this price high will stabilized.

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May 30, 2016, 01:16:28 AM
 #71

i hoard about 90% of my bitcoin and i use the other 10% in my coinbase wallet for daily spending. i usually buy stuff from amazon using purse.io or buy giftcards from gyft.com
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May 30, 2016, 01:31:16 AM
 #72

Actually i prefer to spend it. Because usual i did not to hoard my btc with a long time it is just will survive for several days. It is because i always spend it to play gambling, buy credit phone and exchange them into cash.
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May 30, 2016, 01:41:11 AM
 #73

Im hoarding bitcoins for about a month now and so far i have been getting a decent amount every 3 days and my stash of bitcoin is getting bigger i have a plan for my bitcoins that is why i dont sell them now.
The plan that i have is just plain simple to get as much as i can right now and sell all my bitcoin at a high rate (what ever suites me and see that i have profit a lot).
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May 30, 2016, 04:28:46 AM
 #74

I like to spend my bitcoin on trading sites. Buy some very cheap alt-coins with a good potential then I hoard it for a month. I wait my profit multiply by 2 or even bigger. That's how i spend it but sometimes i lose bigger than what I spent because i get nervous when it rise then suddenly goes down.
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May 30, 2016, 09:13:51 AM
 #75

I am more on hoarding than spending when it comes to bitcoin. I like monitoring the amount of my coins so I can sell them in the future for profit. How do you get your tips? I am just curious. Please share Smiley

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May 30, 2016, 10:16:18 AM
 #76

I'm not very fond of having my money leave my pocket/wallet...  So I hoard as much bitcoins as I can but spend some when I want to.  I think this should be normal because bitcoin is a currency. And currencies are meant to be spent.
yeah bitcoin is currency used for shopping but of course you have a goal to become rich right ?
so you should be able to hold your money and not wasteful spending money. so of course I prefer to withhold or hoard my money. of course it would be better
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May 30, 2016, 11:30:39 AM
 #77

Well I am trying to save my Bitcoins and only touch them if I have found something very attractive that comes with a big discount which I can buy with Bitcoin. For everything else I am using fiat money from my salary. Bitcoin would make for a great digital currency but unfortunately with the big price swings and its volatile nature people prefer to use it as a store of value due to the great potential for easy profit. I am not hard-pressed to spend my Bitcoins right now so I prefer to hoard but I will not be holding them forever.
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May 30, 2016, 11:44:13 AM
 #78

I like both of them, but i still prefer to spend my bitcoin for all online shopping if possible.
I still prefer fiat than bitcoin or bitcoin debit card for offline shopping though.

Yeah fiat is really good for offline shopping at a moment, and the fact is we cannot spend bitcoin physically yet, and its good to save bitcoin for future.
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May 30, 2016, 11:52:37 AM
 #79

I love to hoard my bitcoin especially in this few weeks before the halving happen, the price is keep on rising, it makes my bitcoin more and more precious, I used to spend it on gambling and purchase things, but now i try to limit myself and store my bitcoin


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May 30, 2016, 12:42:13 PM
 #80

I love to hoard my bitcoin especially in this few weeks before the halving happen, the price is keep on rising, it makes my bitcoin more and more precious, I used to spend it on gambling and purchase things, but now i try to limit myself and store my bitcoin

That is the perfect way to treat your coins at this stage, as we are now very near to halving, so its good not to take any risk with coins and hold it safely.

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